The most common type. Traders predict whether the asset price will be higher or lower than the current price at expiration. A correct prediction yields a payout.

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Selecting the right broker is one of the most important decisions you’ll make as a binary options trader. A reliable broker not only enhances your trading experience but also helps protect your capital and data. Here are the key factors to consider:

Trading binary options is a relatively simple process, especially for beginners. Follow these clear steps to get started and improve your chances of success:

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Why it matters: Helpful support can resolve issues quickly and improve your overall experience, especially if you’re new.

Binary options are a type of financial derivative that let traders speculate on the price direction of various assets, including stocks, currencies, commodities, and indices. The term “binary” comes from the two possible outcomes of a trade:

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No, binary options themselves are not a scam—they are a legitimate form of financial trading. However, the industry has gained a poor reputation due to the presence of unregulated brokers, fraudulent platforms, and deceptive marketing practices.

This is when the trade ends and results are determined. Expiry times can vary from as little as 5 seconds or 60 seconds to several hours, days, or even weeks. Choose based on your market analysis and trading strategy.

Clear Risk and Reward: Your potential loss is limited to your initial investment, and potential profit is known in advance.

South Africa’s regulatory body for non-banking financial services. It oversees binary options brokers serving the African market, promoting fair practices.

Trading read more binary options involves a straightforward decision—will the price go up website or down? No need for complex strategies or timing exits.

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