Company Information

Get to know Binary Options Trading in South Africa

"Binary Options Trading in South Africa" does not represent a specific company but describes the practice of trading binary options within the country. This form of trading is a high-risk, all-or-nothing proposition where a trader speculates on the price movement of an asset over a short period. The market in South Africa is primarily served by offshore and international brokers, as the local regulator, the Financial Sector Conduct Authority (FSCA), has issued multiple warnings about the practice and the unlicensed nature of many providers. The FSCA classifies binary options as Over-the-Counter Derivatives (OTPs), which requires a specific license that most of these international platforms do not hold.

Industry

Forex Retail BrokerPRIMARY
Financial Other Service
Technology Software Trading Platform

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Binary Options Trading in South Africa

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Founded in

03 Jan 2017 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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--/40

Reviews

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.