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HBC Broker
Rating: Rated with 4.5 stars
Binary Option Programs Award
Min. Deposit
$250
Min. Investment
$10
Regulated Broker
Yes

HBC Broker Review

  1. HBC Broker

    The early history of HBC Broker begins in 1997, while big rebranding happened in 2010.

    From then, this broker is known as binary options and forex broker for traders around the world. What we learned is that this broker accepts traders from South Africa.

    HBC Broker is owned by the MPG INVEST Ltd in Edinburgh, Scotland.

    HBC Broker stands for Honest Brokers Collaboration; a regulated binary options broker who wants to provide the best trading platform for traders in South Africa to use and maximize profit if possible.

    For more about this binary broker and it available trading feature, read further our HBC Broker review and learn how South Africans can benefit from this broker.

    HBC Broker General Info – South Africa

    What we discovered in HBC Broker review is that required deposit is set to $250. Minimum investment is $10, while payouts range from 65% up to 81%. With this broker it is possible to trade with USD and EUR.

    Alongside with traditional approach to binary trading, HBC Broker wants to provide their registered traders with an option to experience binary auto trading software.

    For that reason, they teamed up with Binary Options Robot, one of the leading binary options automated software on global binary market.

    HBC Broker Platform and Trading Features

    This broker uses PandaTS software, one of the best in binary industry. They offer South African traders an innovative platform which is easy to use and adapted for both pro traders and beginners.

    HBC Broker review revealed how with this broker it is possible to trade binaries by using following trade options: One Touch, High/Low, Hyper Options and Range Options. Accepted time frames for these trade options can be 30 s, 60 s, 2 min, 5 min, 10 min etc.

    As a novelty on HBC Broker, traders in South Africa can use Follow Leaders; an option where it is possible to track best performing traders and copy their trades.

    With HBC Broker, traders are able to invest in a large selection of currencies (forex), stocks, commodities and indices.

    As an inexperienced South African trader, option to train and test the platform on demo account is very important due to its advantages. To registered traders, HBC Broker offers risk free demo account, where traders place trades with virtual money and not real one.

    So far according to HBC Broker review, demo is available on for forex trading.

    However, traders can reach for customer support service and see are there any plans for connecting binary options trading with demo account. Overall, trading on demo is popular among many traders, especially beginners since it enables them to perform a selection of trading instruments and strategies under risk free conditions.

    Another widespread trading tool discovered in HBC Broker review is mobile app. This app is connected both with Android and iOS operating systems and enable traders in South Africa to trade binary options from anywhere.

    On HBC Broker mobile app, traders only have to login and can use mobile version of trading platform. App includes same features and tools just as web-based platform, such as real-time trading, a variety of underlying assets on disposal at no additional fees.

    HBC Broker Account Types

    Our HBC Broker review revealed us how this broker offers three trading accounts to registered traders. Each account type is equipped with specific trading tools and features, as well as different minimum deposit required.

    HBC Broker Silver Account

    • Minimum deposit $1000 – $9999
    • Personal analyst on disposal
    • Binary options trading
    • Individual financial trading plan
    • Risk management support

    HBC Broker Gold Account

    • Minimum deposit $10000 – $9999
    • Personal analyst on disposal
    • Both binary options and forex trading
    • Individual financial trading plan
    • Risk management support
    • Fixed spread 3 pips USD/EUR

    HBC Broker Diamond Account

    • Minimum deposit $50000
    • Personal analyst on disposal
    • Both binary options and forex trading
    • Individual financial trading plan
    • Risk management support
    • Floating spreads
    • Quarterly trading plan
    • Fast withdrawals via Mastercard

    HBC Broker Customer Support

    As one of the most meaningful segments when trading binary options is by far, quality and responsive customer support service. This HBC Broker review showed us how traders in South Africa are able to directly reach this broker on phone number, email [email protected] and web contact form.

    HBC Broker claims to have support service, which is available 24/5. So far, we haven’t noticed live chat option but we hope soon they will implement it since live chat is one of the fastest way how to contact a broker and get proper answer on needed question.

    Education comes as one of the important ways how to become more experience and expand their trading knowledge. Under Education on HBC Broker platform, South Africans can learn more by choosing following edu materials: video tutorials, webinars, glossary and trading for beginners.

    Also, if traders check How to Trade, they can see a list of valuable information regarding how to deposit and withdraw funds, details about trading accounts, mobile app and trade options features.

    HBC Broker Banking Info

    As seen from information provided by HBC Broker, they use SSL encryption technology to ensure high safety standards to registered binary options traders.

    Also, KYC policy (Know Your Customer) is also available and requires several documents to be provided, including copy of ID card, credit card copy which is used in the trading process and proof of residence. Documents should be sent to email on [email protected].

    Accepted deposit methods on HBC Broker are:

    • Cards: Mastercard and Visa
    • Wire transfer
    • E wallets: WebMoney, Skrill Moneybookers and Neteller

    For withdrawals, South African traders first need to submit a withdrawal request which might take up to 4 working days to be processed and approved. Minimum withdrawal amount for credit cards is $100.

    However, for more details about withdrawals from this trading platform, we recommend to directly contact account manager and get needed banking information.