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PlusOption Review

  1. New Binary Broker in South Africa

    PlusOption is a new broker on binary options scene. This brokerage company is operated by Tradeplus Solutions Ltd and present on financial market since 2015. We decided to add PlusOption on our list of trusted brokers for South African traders due to their trading platform and a variety of trading instruments and services.

    If you want to learn more about this broker, read below our PlusOption review.


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    PlusOption Special Features

    Traders who want to join PlusOPtion trading platform, have to invest minimum deposit $250. Highest max. return is 87%, while maximum possible bonus is $5000. Minimum investment is set to $25, while maximum investment is $2500. Traders are welcome to place trades in USD, EUR and GBP.

    PlusOption is run by group of professional traders who present binary trading services and tools to traders in South Africa as well as in other world countries to invest and maximize profit while trading binary options. To provide them the best services, PlusOption offers traders a wide selection of trade options and other services, which we will in more details explain further in PlusOption review.

    Tip: Consider IQ Option instead – the best regulated broker for South African traders with a minimum deposit of only $10!

    PlusOption Trading Platform

    As preferred software, PlusOption uses SpotOption. Design looks very modern and appealing for traders, with an easy navigation over the platform. It can be used without difficulties regardless if we are talking about experienced traders or those who are new to binary options world.

    An additional feature, that we noticed during PlusOption review is trade option called SpotFollow. With this feature, South African traders are able to follow trades of traders experts and copy their trades. This way, they can improve their trading skills and develop strategies in order to profit from binary trading process.

    This broker offers traders in South Africa following trade options: 60 Seconds, High/Low, One Touch, Pair Options, Long Term, Ladder Options and SpotFollow. It is possible to use a variety of expiry times with mentioned options, such as 60 seconds, 15 min, 30 min, 1 hr, 24 hr +, end of day, end of week and end of month. PlusOption enables traders to choose among many different underlying assets, sorted in stocks, currencies, commodities and indices. For full list of available assets, South Africans can click on Asset Index under Trading Tools tab.

    One of services which are rapidly becoming very popular in binary industry is mobile app. PlusOption offers South African traders mobile app that has shown to be useful for traders who want to place trades outside workplace or home. With PlusOption mobile app, traders can now invest any time and from anywhere. Their mobile app is fully compatible with iOS and Android devices and can be used on smartphones and tablets, as well as on computers.

    plusoption logoAs mentioned above in PlusOption review, traders in South Africa are offered by many different features, such as bonuses. To be eligible for PlusOption bonus, before withdrawals, traders have to reach bonus turnover 20x. They offer traders different bonuses, including welcome bonus, Refer-a-friend bonus and 2nd deposit bonus.

    PlusOption review shows that they are connected to Binary Option Robot, an 100% auto trading software in binary options industry. This automated solution is a great way for traders in South Africa to participate in binary options trading without previous financial knowledge.

    PlusOption Account Types

    PlusOption has prepared 3 different trading accounts for their registered traders. They differ one from another by trading characteristic included.

    PlusOption Mini Account

    • minimum deposit $250
    • minimum investment $25
    • payouts up to 82%
    • monthly training for strategies

    PlusOption Popular Account

    • minimum deposit $500
    • minimum investment $25
    • payouts up to 85%
    • bonus 50%
    • strategy training for 2 weeks
    • 1 risk free trade
    • 1 SMS signal per day
    • 3% yearly interest rate

    PlusOption Premium Account

    • minimum deposit $3000
    • minimum investment $25
    • payouts up to 87%
    • bonus 75%
    • weekly strategy training
    • 3 risk free trades
    • 2 SMS signal per day
    • 5% yearly interest rate

    PlusOption Customer Support

    During our PlusOption review, we noticed that trading platform is available on English and Russian.

    South Africans who want to reach PlusOption broker, can do that through several different ways. They can contact this broker on email [email protected], live chat, web form and via phone for UK office. Live chat is the most convenient way of communication due to its simplicity and quick received answers. PlusOption working hours are 24/7.

    During our PlusOption review, we discovered that this broker offers traders in South Africa an amazing Education Centre, one of the best we have seen so far. PlusOption tries to provide quality education guide and materials for all trading levels. Unfortunately, there is still no demo account available. Traders can use following education materials:

    • FAQs – divided in three segments (binary options trading, account info and trading platform)
    • Glossary
    • Education Academy
    • Guide to Binary Options
    • Webinars

    PlusOption Banking Info

    During PlusOption review, we noticed how this broker offers traders across the world a truly amazing list of available deposit methods, which we can sort in debit/credit cards, e-wallets and bank wire transfer. Here you can find a list of available deposit methods:

    • credit cards – Mastercard, Visa, American Express, AstroPay card, Boleto Bancario, Todito card
    • ewallets – Skrill Moneybookers, Neteller, WebMoney, Yandex.Money, QIWI, CashU, DineroMail, eWire, iDeal, GiroPay,, SporoPay, Teleingreso, TicketSurf, PostePay, TrustPay, UseMyBank
    • bank wire
    • Bitcoin

    To be able to make any payments with PlusOption, South Africans have to verify their account by providing several documents, such as copy of ID card, copy of proof of address and copy of credit card, which is being used when trading. All documents have to be sent to PlusOption broker on email [email protected].

    Regarding withdrawals, minimum withdrawal with PlusOption is $50. All deposit above $10000 and all withdrawals above $100, can be executed only through bank wire. In this PlusOption review, we haven’t came across any fees mentioned.

    They offer fast withdrawals within 72 hours. After withdrawal request is submitted, PlusOption has to approve it and later on, it usually takes between 10 business days for money to arrive on the account. For more detailed info, we advise to contact account manager.

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