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

Rating: Rated with 5 stars
Binary Option Programs Award
Min. Deposit
Min. Investment
Regulated Broker

What is Prestige Option Minimum Deposit?

  1. PrestigeOption

    Allthough closed, PrestigeOption just recently re-entered the binary options trading market with a new and exciting band

    When South African traders want to join Prestige Option platform, minimum deposit amount is required. As seen in our PrestigeOption review, minimum deposit is set to $250.

    This broker provides traders possibility to make deposits in EUR and USD. In case of payment via bank wire, PrestigeOption minimum deposit is $500.

    It is important to mention how PrestigeOption offers a wide selection of deposit methods via:

    • Credit cards – Maestro, Mastercard, JCB, Visa and Diners Club
    • Bank wire transfer
    • Alternative deposit method; Skrill Moneybookers

    While reviewing them, we discovered that Prestige Option does not charge any fees for depositing, which is excellent for their registered traders in South Africa.

    They offer several trading accounts, each with its own characteristics and deposit amounts.

    Accounts with lower deposit amount offer traders bonus between 25 and 50% and over 100 different underlying assets. Other accounts however, are more equipped, such as bonuses up to 100%, trading sessions, market reports, trading videos etc.

    Available PrestigeOption trading accounts are:

    • Bronze account – PrestigeOption minimum deposit from $500
    • Silver account – PrestigeOption minimum deposit from $2500
    • Gold account – PrestigeOption minimum deposit from $10000
    • VIP account – PrestigeOption minimum deposit from $50000
    • Platinum – PrestigeOption minimum deposit from $100000

    How to Withdraw Funds from Prestige Option?

    On binary options scene, PrestigeOption is recognized as a regulated broker. 

    They are owned by Lead Capital Markets Ltd.

    They pay great attention into ensuring their registered traders with a unique trading platform where South Africans can without any fear deposit and withdraw funds with PrestigeOption.

    Their platform is user-friendly and very simple for navigation. It was a pleasure making the review and test the platform.

    Also, we noticed how PrestigeOption uses high safety standards to protect traders’ data. They use SSL encryption technology which protect personal and financial data of registered traders. This broker also works hard to prevent any money laundering by using regulated international standards.

    In order to make PrestigeOption withdrawal, traders are required to submit following documents to confirm identity. They include: copy of ID card, proof of address and copy of credit card if it is used (visible only last 4 digits and name of the trader).

    Afterwards, it is necessary to submit withdrawal request, fill it in and send on email [email protected].

    For this review, we have learnt that Prestige Option does not charge any fees for withdrawals. This comes as a great news for all South African traders who want to make PrestigeOption withdrawal.

    For them to process the request, it may take up to 48 hours. After that, no more than 3-5 business days are needed to traders to receive their funds on the account.

    Available PrestigeOption withdrawal methods can be executed through debit/credit cards, bank wire and ewallet Skrill Moneybookers.

    Prestige Option Login

    prestige option logoWhile we were writing PrestigeOption review, we discovered how simple their trading platform is. It is by far one the best platforms we had opportunity to review. This is especially important for pro traders and especially, inexperienced traders.

    One thing worth mentioning is that both registration and login process are easy to use and can be done within just few steps. For PrestigeOption login, traders have to provide their username and password. To be able to do that, they first have to register on the trading platform.

    To complete registration process, traders in South Africa have to fill in missing fields, such as: first and last name, email, country and phone number. The next step is to deposit with one of several different trading accounts.

    Once everything is completed, traders get access to PrestigeOption platform where they can use a variety of tools and features and start profiting from binary options trading.