According to the source, South Africa is one of the leading African countries which dominated binary market according to binary options deposits during October 2016.
This information shows how binary options trading is very popular and widespread among many Africans, including those residing in South Africa.
In comparison with September 2016, there were no African countries listed in top 10 markets in case of binary options deposit index.
As seen from the graph, South Africa holds the first position of first time deposit markets for binary options brokerage companies.
This shouldn’t come as a surprise since back in September, South Africa was listed as leading market for entered deposits per GDP in case of forex brokers.
Binary trading has many advantages.
One of the main perks while many South Africans trade binary options is because of its simplicity and option to achieve high payouts without being a trading expert with years of experience.
AnyOption falls in category of trusted binary brokers who offer secure trading platform for trading with a variety of stocks, commodities, currencies and indices. Established in 2008, AnyOption is for years now present on binary options market. This broker is regulated both by the CySec authority as well as regulatory authority in South Africa (FSB – FSP 42020).
With minimum deposit of $250 and investment of just $25, this broker is an often choice to trade with. A wide range of services and trading tools are available on this platform, such as Bubbles trading which is custom-made option for registered traders on AnyOption platform.