Close Newsletter
South Africa newsletter
Signup for the newsletter and keep updated
about the best brokers and auto trading robots.
Exclusive promotion: get a free account

Get a free $10,000 demo account!

Your capital is at risk
Binary Options are prohibited in EEA

Bloombex Options
Rating: Rated with 4.5 stars
Binary Option Programs Award
Min. Deposit
Min. Investment
Regulated Broker

Bloombex Options Broker Review

  1. Bloombex Options

    This broker is closed. Trade with IQ Option instead, the best regulated broker for South African traders!

    Bloombex Options belongs to the category of long term brokers who for years now, present Bloombex Options belongs to the category of long term brokers who for years now,

    Bloombex Options belongs to the category of long term brokers who for years now, present Bloombex Options belongs to the category of long term brokers who for years now, present safe trading platform with top notch trading services.

    Bloombex Options is operated by Pilpel Capital Ltd. and online since 2009. Their mission is to ensure traders in South Africa as well as to traders worldwide to have a secure and profitable binary options trading journey.

    In our Bloombex Options review, we’ll show you detailed information on:

    Bloombex Options Trading Platform

    As its chosen software, Bloombex Options uses SpotOption, excellent and easy to use.Traders can very easily navigate over the site and monitor trades done without any difficulties. We have tested it in our Bloombex Options review and have a positive experience regarding their trading platform.

    Minimum deposit with Bloombex is $300 and highest return is 85%. Maximum bonus is unlimited with this broker. Minimum investment is set to $10 and maximum investment $2500. Traders can trade with several different currencies: EUR, USD, GBP and AUD. Related to bonus trading terms, required turnover is 27x. Bloombex Options accepts traders from around the world, except Iran and Israel.

    Bloombex Options Trading Features and Services

    Bloombex Options review revealed us that traders are able to trade with a wide selection of available trade options, which include 60 Seconds, High/Low, Pair Options, One Touch, Long Term, Ladder Options and also, ProFollow. They can also choose among many different expiry times, such as 30 seconds, 60 seconds, 2 minutes, 5 minutes, 15 minutes, 15 minutes, 1 hr, end of day, week and month, 30 days and expiry of 150 days. During our review, we were pleasantly surprised by a wide range of trade options and expiration times that are available to traders in South Africa.

    On their disposal, traders have a possibility to choose between 110 different underlying assets. Assets can be sorted in following categories: stocks, currencies, commodities and indices.

    One very popular trading service to traders worldwide is Bloombex Options mobile app. With this mobile app, traders can continue trading binary options in the light of mobile trading. Mobile app is available on smartphones and tablets and trading is simple just as on regular platform, used on computers. Traders can trade with many assets and use a variety of trading strategies and features to have a successful binary options trading process.

    Besides above mentioned trade options, Bloombex Options offers traders other trading features, such as Rollover and Double Up. Rollover is used to postpone expiration time of an underlying asset. This way, traders are given extra time to see future price movement. Rollover enables trader to get 30% higher return in the money and this feature can be used up to 10 minutes before expiry time. Rollover feature can be applied only once per trade.

    Double Up feature is excellent one and it provides traders to double their investment. if traders are convinced they are on the right track and the trade will be successful, they can activate Double Up button in order to maximize profit. Then, a new trade will be created, but under the same conditions as the previous one.

    A novelty in binary options industry is option to use Islamic account. Bloombex Options has recognized need to offer binary options trading to Muslim traders. According to Sharia laws, Islamic faith doesn’t allow trading binary options with fee being charged. This is why Bloombex Options enables trading with no fee.

    logo-bloombexDuring our Bloombex Options review, we were surprised how useful their Education Centre is. Under Market Review tab, traders can use economic calendar where they can monitor market analysis per day. In Education Centre, South African traders are faced with numerous different trading instruments and materials that can assist them to become more experienced in the binary options world.

    Education materials are categorized in FAQ, trading academy, glossary, ebook, demo tour and Asset Index, where traders can see a full list of available underlying assets. All these tutorials and materials can help traders to sharpen their trading skills and to achieve high payouts when trading binary options. Multiple trading strategies cover technical and fundamental analysis, depending on trader’s preferences.

    Excellent thing with this broker is that they offer multilingual trading platform. Bloombex Options platform is available on following languages: English, French, Spanish, Russian, Italian, Dutch, Turkish, Japanese and Arabic.

    Bloombex Options Customer Support Service

    Traders can contact Bloombex Options from Monday to Friday, 6.30 GMT – 22.00 GMT. There are several communication channels to do so, through live chat, email, phone and web form. Traders can contact them via telephone for following countries: UK, USA, Russia, France, Germany, Canada, Australia and Turkey. For any general queries regarding binary options trading, traders in South Africa can contact them on email [email protected]. If they want to speak with account manager in the brokerage, traders can contact them directly on [email protected]. Live chat is the fastest way to get in touch with Bloombex Options. In the bottom right corner, a live chat window opens and traders can communicate with agent regarding any questions during trading process.

    Bloombex Options Banking Info

    This broker tries to ensure traders worldwide a safe binary options journey. That’s why they use SSL security system which encrypts credit cards. With credit cards, minimum deposit is $300 and in case of bank wire transfer, the amount is $500. Before traders begin depositing or withdrawing money, few documents have to be submitted to confirm identification. These documents are: photo ID, proof of address and copy of used credit card (no visible digits).

    It is possible to make payments with credit cards (Mastercard and Visa), bank wire and e-wallet providers (Skrill Moneybookers, CashU and PayPal). Minimum withdrawal is $100 for e-wallet and card payment and for bank wire, it is $250. Bloombex Options charges withdrawal fees. For credit cards (3.5%), bank wire ($15) and e-wallet (3.5%).

Other Broker Reviews