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BullBinary Broker Review

  1. BullBinary

    This broker is closed.

    Estalished in 2015, BullBinary is a binary broker who is present on South African market to offer trading platform for investing in binaries. This brokerage company is operated by the Spot Capital Markets Ltd.

    Further in BullBinary broker review, we’ll provide more thorough information regarding the platform and what trading tools can South Africans use to maximize profit in binary options.

    BullBinary South Africa – General

    What we discovered in BullBinary broker review is that required minimum deposit is $250. Minimum investment is only $1, while returns go up 90%. With BullBinary, it is possible to choose between several different currencies, including USD, EUR, GBP, PLN, HUF, BRL and CZK.

    BullBinary broker review revealed how they obtain regulation of 14 regulatory authorities which is absolutely fantastic. With its regulatory status, traders don’t need to worry if their funds will be safe as well as will they be able to reach BullBinary support service in case of any assistance.

    BullBinary Platform and Trading Features

    SpotOption software is the chosen one for BullBinary broker, thanks to its simplicity while trading. Available trade options on BullBinary platform are: 60 Seconds, Pair Options, High/Low and Long Term. our BullBinary broker review showed us how South Africans can choose between more than 180 underlying assets (currencies, stocks, commodities and indices).

    Traders might wonder which features and services are available on this platform. Our BullBinary broker review showed us how features such as Double Up, Sell options and Rollover await traders in South Africa to join in and begin trading.

    As the word says it, Double Up means how it is possible to double the trade in order to improve trading results with an asset. With Sell Options, South Africans can sell the position before a trade expires. Rollover feature is very meaningful for registered traders since it enables them to postpone expiry time, which is especially important if a trade is in unsuccessful position. This feature is valid up to 15 minutes before trade expires.

    BullBinary has prepared mobile app to satisfy needs of busy traders who prefer trading binary options on the go. Due to tech improvements, traders can now benefit from mobile trading since mobile platform is transparent and easy to use with clear overview on trading charts. App is connected with both iOS and Android systems.

    Inexperienced South African traders will be glad to see how this broker offers demo account option on this platform, as learned from BullBinary broker review.

    On BullBinary demo, traders can perform strategies and trading techniques in risk free environment to gain more trading knowledge. With demo, trading is risk free since there is no option of investing real funds, only virtual ones. Traders should know how on Regular account, demo account isn’t available, but access to demo can be used only when traders deposit at least $2500.

    BullBinary Account Types

    What we learned in this BullBinary broker review is that this broker offers several trading account to South African traders, besides practicing on demo. Check further our BullBinary broker review and find out more about characteristics of each BullBinary account.

    BullBinary Regular Account

    • Minimum deposit of $250 and investment $1
    • Payouts up to 83%
    • Withdrawals within 5 business days
    • A variety of education materials on disposal

    BullBinary Silver Account

    • Minimum deposit of $2500 and investment $1
    • Payouts up to 83%
    • Withdrawals within 5 business days
    • A variety of edu materials on disposal and 1-on-1 trading sessions with an expert

    BullBinary Gold Account

    • Minimum deposit of $20 000 and investment $5
    • Payouts up to 85%
    • Withdrawals within 2 business days
    • Access to Edu Center and unlimited 1-on-1 trading sessions
    • Personal expert on disposal
    • Access to market news and webinars

    BullBinary Platinum Account

    • Minimum deposit of $50 000 and investment $25
    • Payouts up to 90%
    • Withdrawals within 24 hours
    • Unlimited and free withdrawals
    • Access to Edu Center and unlimited 1-on-1 trading sessions
    • Personal expert on disposal
    • Access to market news and webinars

    BullBinary Customer Support Service

    bull-binary-eduGood and quality customer support is an important segment in binary options industry and our BullBinary broker review showed exactly that.

    Traders in South Africa are able to reach this broker via several ways; email on [email protected], live chat, online form and phone number for 18 countries around the world.

    Also, platform is multilingual and available on following languages: English, French, Portuguese, Spanish, Chinese, Czech, Italian, Russian, Greek, Polish, Hungarian, and Arabic.

    Another important element for registered traders is the fact how support service is on traders’ disposal 24/5. South Africans can ask support agents any question regarding their platform, how to make transactions or what features can be used in order to make profit when trading binaries.

    As mentioned above in the BullBinary broker review, traders have option to check their Education tab and find needed info which can be used in the trading process.

    These education materials include FAQ, Economic Calendar, Bull Academy, webinars, latest updates from market news, One-on-One trading and Products. Entire Education Center is completely adjusted for traders novice as well as pro traders who can use education guide to expand trading knowledge.

    BullBinary Banking Info

    bull-binary-trade-safelyOwned by Spot Capital Markets Ltd, this broker offers South African traders an innovative platform with a wide range of trade options, accounts and features for profitable trading journey.

    Our BullBinary broker review revealed how it is possible to deposit through several ways, such as:

    • Cards: Maestro, Visa, Mastercard and Carte Bleue
    • Wire transfer
    • E wallets: Neteller, Skrill Moneybookers, AstroPay, Boleto, WebMoney, PaySafe Card, QIWI,, Sofort, TrustPay, Neosurf, GiroPay and HalCash

    Also, it is important to mention how there are no fees for depositing. In order to begin trading, South Africans first need to sign up, click on My Account tab and deposit a specific amount of money.

    Concerning withdrawals, traders first need to submit a withdrawal process and provide several needed information. They include proof of address and copy of ID card. These documents need to be sent to email [email protected] for this broker to approve request.

    Once approved, it might take up to 5 working days for traders to receive their earnings. Our BullBinary broker review showed us how there are no minimum withdrawal amount, which isn’t so often seen in binary industry. But, this broker does charge fee for withdrawals, in amount of $10, except Platinum account which is free.