A lot of binary brokers offer their traders attractive deals just to make them join their platform and trade with different underlying assets. There some that offer low deposit amount; while there are others who offer minimum investment, and lots of brokers offer maximum bonus just to stimulate brokers.
A rising number of brokers have started offering the no deposit binary options in other to attract the interest of international traders. You can get more traders to trade binary options by offering free account registration and signup. The table below provides a list of brokers on the market with no-deposit bonuses.
Enjoy $50 Cash-Back Bonus from High Low
Are you aware that you can get a $50 cash-back bonus from High Low when you sign-up? This can provide different possibilities for traders who desire to trade using more leverage including the opportunity to trade in a regulated environment. High Low possesses an ASIC license which is why trading with them is very reliable. Check out the High Low review, take advantage of this opportunity and start trading with High Low. With a few clicks, you can enjoy amazing customer support, great bonuses and an excellent trading experience.
Benefits of Trading with South Africa’s No Deposit Binary Options
Experts are of the opinion that new traders should start their journey in binary options trading in a risk free environment.
You won’t be able to utilize trading strategies to the maximum if you’re constantly afraid of losing your investment. Brokers can permit their new traders to make use of their trading facilities and tools without paying any deposit for the account. It gives traders the opportunity to make comparisons between different regulated platforms and offer high payouts.
Using emo accounts is a good idea for new traders; but you should consider the emotional disturbance of trading with real funds with all the risks it entails. Live accounts put different guidelines in place, like automated software, account manager and signals to monitor traders. Traders can also select minimum investment to help minimize the loss. Using automated software frees the traders to do other jobs while the binary robots do the work by following the limits set.
No deposit credit is used by brokers to attract lots of new traders to join their trading platform. All the traders need to do as soon as they join the platform is to register and they’ll be given immediate access to trade on the platform. This is something South Africans can explore, and take advantage of the tools offered to maximize their profit.
What do you understand by the term binary options trading?
Binary options trading is gradually gaining popularity across the world because of its user-friendly interface.
Traders in the binary options industry are allowed to trade on different assets at different hours of the day. This is a flexible online trading method that goes a long way to simplify the process of trading since you don’t have to trade at any specific time.
Binary options are exotic or digital options where a trader does not need to own the assets. All the trader needs to do is to predict the movement of the price: will it go up or down. Their smaller requirement for investment has made binary options accessible to lots of traders who want a dynamic and fun way of trading. Majority of the binary brokers out there charge a minimum deposit of about $250. These are some of the factors that make binary options so popular when compared to other forms of trading.
Meaning of binary options trading
What is binary trading really about? Every trader has to take certain steps.
Look for a binary broker
Binary brokers can be described as companies that offer binary options trading services. They give you an account and you start trading as soon as you make a deposit. There are different types of brokers, but we just classify them as regulated and unregulated.
Regulated brokers are the type of brokers with license from a regulatory body. Practically all the countries of the world have regulators that regulate financial companies within that territory. Regulated binary brokers must follow the rules as provided by the regulatory body or lose their status as regulated binary brokers.
Unregulated brokers are unlicensed brokers, but this does not necessarily mean they’re scams. There are lots of other factors that can be used to determine whether or not a broker is a scam.
There’s need for traders to check out other factors such as: number of assets, customer support, platform, banking methods, mobile trading, reputation, etc.
Once you find the perfect broker, you register after which you make a deposit so you can start trading.
Placing binary options trade
In most cases, binary trades are placed in similar ways. Traders will visit a part of the platform which is usually easy to recognize because it always comes with the same elements: trading amount, expiry time, payout if there’s successful prediction, trading direction. The first thing you have to do is to pick the asset you’ll like to trade. This can be found under the asset list. Then you’ll pick an expiry time, after which you enter the amount you want to trade. You can use the following steps to predict price movement – whether it goes up or down.
Once you set your perimeter you press the trade button and that’s all it takes!
You then wait for it to expire to know if you were right. If for example you placed $100 for a trade that offered a 60% payout, if the trade is successful, you’ll get $160. However, if you get it wrong you’ll end up losing the $100 you spent as your initial investment.
Is it advisable to use binary signals and binary robots?
It’s almost impossible to say for certain whether it is good or bad to use binary trading robots or binary signals. They’re actually a nice addition to binary trading portfolios, which is not to say that traders should take them for granted. A lot of traders see them as easy fixes with all the powers to fix all their problems and transform them into millionaires.
However, this is actually an erroneous assumption. They use advanced algorithms to generate signals to place trades. Most modern binary signals and software are connected to the brokers directly which means there’s no need for the trader to switch platforms. This makes trading convenient and user-friendly.
It is also very important to go with a binary signals provider or binary robot that is very compatible with your own broker, because this will simplify the registration process. All you have to do is to find a robot of your choice, check out the brokers, then register using the robot. Providers of binary signals also operate in a similar fashion. They deliver signals down to the trading dashboard for you to place your binary trades.