One of the nations that hasn’t taken any action to regulate binary options is South Africa. Furthermore, because there is currently no regulation of binary options, South Africans don’t need to worry about getting punished for engaging in online trading.
Can I trade options in South Africa?
A certain financial instrument’s vanilla options (contracts) can be purchased and sold by South African traders at a predetermined time, fixed price, and fixed amount. You have complete control over the price you trade at, the underlying financial instrument, and the quantity you trade when you trade these
What is the best time to trade binary options in South Africa??
Low, average, and high volatility periods occur in South Africa and the rest of Africa. Try to steer clear of trading between 23:00 and 10:00 SAST, which is when there is typically little activity. The optimum times to trade are when volatility is normal, which are often between 14:00 and 23:00 SAST.
How can I recover my money from Binary option
The simplest approach to recover your money from binary options frauds is through a chargeback. You can immediately request your money back through your bank or card issuer through a chargeback, which is typically quite successful. You can avoid dealing with the binary options company directly by filing a chargeback