24option broker is one of the leaders on binary options market in the world, as well as in South Africa. It was announced how they just released own CFD and FX platform.
This brokerage company is owned by the Rodeler Limited and present on binary market since 2010.
What we find excellent with 24option is the fact how they are continuously working on expanding their underlying asset list as well as implementing new features for more successful binary trading experience.
The launch is spread among a variety of different underlying assets, such as stocks, currencies, indices and commodities which will be also available in case of trading CFDs.
This implementation of CFD platform shows how they are aiming for diversification of clients portfolio, which is excellent news for all South Africans who trade with 24option broker.
Implementation of CFD and FX Trading on 24option
According to Finance Magnates, general manager of Rodeler Ltd stated how they always respond to market novelties and changes applied to binary options trading.
With idea to satisfy traders’ needs when trading, 24option went one step further by offering FX and CFD own platform. With these new features added, traders in South Africa can use this multi-functional trading platform to have numerous of trades.
What is CFD Trading – South Africa?
CFD stands for Contract for difference with a specific broker.
CFDs are actually derivatives in which it is possible to trade on a difference between underlying asset starting and closing value. In trading CFDs, South African traders can predict price movement of an underlying asset in the financial market.
With 24option, traders get a hybrid trading market where traders can access binary options area, forex and CFD at the same time.
This broker is for years now one of the best and trusted binary broker to trade with. With CySec licence, South Africans can enjoy in a secure trading platform.
Diversification of clients’ ccount is a key of the satisfaction binary trading process where 24option manages to keep existing traders and attract new South Africans to join in.