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Title: Alternative Platforms to Binary Options in South Africa Post by: SnapExOfficial on November 12, 2020, 10:10:54 AM Binary options are financial options that come with one of two payoff options: a fixed amount or nothing at all. This is why they're called binary options - because there is no other settlement possible. The basis behind a binary option is a straightforward yes or no proposition: Will an underlying asset be above a certain price at a certain time?
While binary options can lead to solid profits, they are also risky. So, let’s take a look at the top alternatives to binary options in South Africa. https://blocknewsafrica.com/top-alternatives-to-binary-options-in-south-africa/ Title: Re: Alternative Platforms to Binary Options in South Africa Post by: Fesatmas on November 12, 2020, 03:58:25 PM There are still many trade alternatives in South Africa, which suggests the best way to choose one of these operations. for example on the snapEX platform. there are options that are quite simple and easy to understand for those who want to start trading there. Because there is a trading fee that is quite minimal, which is around 0.15%, so it doesn't drain the cost of trading capital.
Title: Re: Alternative Platforms to Binary Options in South Africa Post by: joniboini on November 12, 2020, 04:12:45 PM Just in case somebody is interested due to its 'high profit' promise, remember that it is also riskier than your usual spot market. Not to mention price manipulation is quite easy since the source of the price movement is unclear and easy to manipulate by the brokers. Even one of the most famous platform said that more than 70% of traders lose their money doing this, so choose wisely.
Title: Re: Alternative Platforms to Binary Options in South Africa Post by: J1mb0 on November 12, 2020, 05:26:43 PM Just in case somebody is interested due to its 'high profit' promise, remember that it is also riskier than your usual spot market. Not to mention price manipulation is quite easy since the source of the price movement is unclear and easy to manipulate by the brokers. Even one of the most famous platform said that more than 70% of traders lose their money doing this, so choose wisely. Even trading binary options carries more risks than gambling, imagine that you bet with me that I will touch the left or right ear.The house is fully capable of controlling the ups and downs of any currency pair, so most players will lose money. Title: Re: Alternative Platforms to Binary Options in South Africa Post by: Lanatsa on November 12, 2020, 05:52:49 PM Just in case somebody is interested due to its 'high profit' promise, remember that it is also riskier than your usual spot market. Not to mention price manipulation is quite easy since the source of the price movement is unclear and easy to manipulate by the brokers. Even one of the most famous platform said that more than 70% of traders lose their money doing this, so choose wisely. Not only risky but the payouts or brokers commission are on the roof top. Considering you do make out some trades neither the price will be higher or lower on the said entry point and making profit will depend on what you had chosen and overall you would just only receive 1.8-1.9x of the said trade when you got it right and when you lost then they do take the whole amount. This is the reason why I do quit up on BO and yes manipulation is really very plausible considering that every ticks will really be a crucial one when you are dealing with Binary.Yes, results are fast but it is also the fastest way on burning up your money. :D Title: Re: Alternative Platforms to Binary Options in South Africa Post by: betller.io on November 13, 2020, 04:46:29 PM Hello here. You can try Betller platform. It's not a standard BO. You bet against other traders/bettors. So as a platform provider, we not engage in betting. Thus, there is no way for us to benefit from it.
The platform's earnings depend on the trading volume and not on the loss of the traders. Also, the up-to-date price is sourced from Binance once every second. This eliminates the risk of price manipulations |