The Best Binary Options Trading Apps Reviewed. We have rated and reviewed the best Forex Brokers and Providers that allow investors to trade Binary Options via an App.
This is a complete listing of The Best Binary Options Trading apps in South Africa. In this in-depth write-up you will learn:
- Which is the best binary options trading platform?
- Does Binary Options Work in South Africa?
- Are binary options legal in South Africa?
- Can I trade binary options on my phone / iPhone?
- Top 10 Binary Trading Apps in South Africa – List
- Binary Trading app download – A Guide
- Overall, what are the best options trading apps?
- Are free options trading platforms available?
- The Best app for options analysis
- Options Trading Apps Best Suited to Beginners
- Successful Binary Traders in South Africa to Follow
- Binary trading apps with a minimum deposit of $1 USD
- Can you trade Binary Options with MetaTrader4?
- Can you trade options on MetaTrader5?
- What are MT5 Binary Options?
- What are binary options trading in South Africa?
- What is the minimum deposit for binary options?
- Can I be a millionaire with binary options?
- What is the highest payout on binary options?
- Can you make a living trading binary options?
- Are binary options a good investment?
- Which binary broker has a $1 USD minimum deposit?
- Most Popular Binary Options App in the App Store
- How to use Binary Options – Explained.
and MUCH, much more!
10 Best Binary Options Trading Apps – A Comparison
| 🔎 Trading App Provider | 📱 Binary Trading App | 🚀 Open an Account | 🅰️ Google Play Download | 🅱️ Apple Store Download |
| 🥇 IQ Option | ✅ Yes | 👉 Click Here | ✅ Yes | ✅ Yes |
| 🥈 Pocket Option | ☑️ Yes | 👉 Click Here | ☑️ Yes | ☑️ Yes |
| 🥉 Deriv | ✅ Yes | 👉 Click Here | ✅ Yes | ✅ Yes |
| 🏅 IQCent | ☑️ Yes | 👉 Click Here | ☑️ Yes | ☑️ Yes |
| 🎖️ IG | ✅ Yes | 👉 Click Here | ✅ Yes | ✅ Yes |
| 🥇 Dukascopy | ☑️ Yes | 👉 Click Here | ☑️ Yes | ☑️ Yes |
| 🥈 Alpari | ✅ Yes | 👉 Click Here | ✅ Yes | ✅ Yes |
| 🥉 ThinkMarkets | ☑️ Yes | 👉 Click Here | ☑️ Yes | ☑️ Yes |
| 🏅 Expert Option | ✅ Yes | 👉 Click Here | ✅ Yes | ✅ Yes |
| 🎖️ Olymp Trade | ☑️ Yes | 👉 Click Here | ☑️ Yes | ☑️ Yes |
10 Best Forex Brokers in South Africa for 2025
Rank
Broker
Review
Regulators
Min Deposit
Official Site
10 Best Binary Options Trading Apps (2025)
- ☑️ IQ Option – Overall, the Best Binary Options Trading App
- ☑️ Pocket Option – Popular binary options App
- ☑️ Deriv GO – Best Advanced Binary Options Trading App
- ☑️ IQCent – Low Minimum Deposit Binary Trading App
- ☑️ IG – Access to Thousands of Markets
- ☑️ Dukascopy JForex – Wide Range of Tradeable Assets
- ☑️ Alpari – Best deposit and withdrawal options
- ☑️ ThinkMarkets ThinkTrader – Great Binary Options App for Beginners
- ☑️ Expert Option – Leading Social Binary Trading Platform
- ☑️ Olymp Trade – Best for International Binary Options Traders
IQ Option App
IQ Option offers access to an award-winning mobile trading app with a clean and intuitive interface. IQ Option platform provides clients with an opportunity to trade 200+ assets including Binary Options, currencies, and stocks. The IQ Options App can be downloaded via the Google Play Store, Apple App, and Download for Android.
The IQ Option App is the Options Trading App Best Suited to Beginners
IQ Option Pros and Cons
| ✅Pros | ❌Cons |
| Excellent Interface | Country Restrictions |
Min Deposit
USD 10
Trading Platform
Proprietary Platform
Crypto
Yes
Account Activation
24 Hours
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose
Pocket Option App
The Pocket Option offers a powerful, high-tech platform available for Web, Android, and, IOS. Pocket Option provides quality services to binary options trading in the OTC market access. Furthermore, aside from the main Pocket Option App, the company offers additional options such as Pocket Options Signals, Pocket Option Analytics, and Pocket Option Trading Strategies.
The Pocket Option App is the Best app for options analysis
Pocket Option Pros and Cons
| ✅ Pros | ❎ Cons |
| Low Minimum Deposit | Not Regulated |
Min Deposit
USD 5
Regulators
FMRRC
Trading Platform
MT5, Proprietary Platform
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Deriv GO
Deriv GO is a mobile app optimized for trading on the go. Users can trade on forex, derived indices, Binary Options, and, cryptocurrencies to name but a few. The Deriv GO App offers 24/7 Availability, user-friendly features, and easy access. Deriv GO can be downloaded via the Google Play Store, Apple App, and Download for Android.
The Deriv GO App is one of the Most Popular Binary Options App in the App Store.
Deriv Pros and Cons
| ✅ Pros | ❎ Cons |
| Low minimum deposit requirement | Account base currencies are limited |
| No deposit fees or withdrawal fees charged | Currency conversion fees may apply |
| Reliable payment methods offered | No Islamic account offered |
Min Deposit
USD 5
Regulators
MFSA, LFSA, VFSC, BVIFSC
Trading Platform
Binary.com’s SmartTrader system,
DMT5, DTrader, DBot
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
IQCent Trading App
The IQCent all-in-one trading platform is available on any device anywhere in the globe, including Computers, Smartphones, and, Tablets. The IQCent comes packed with notable features, including:
- ✅ A user-friendly Interface
- ✅ A Copy Trading Tool
- ✅ Rapid Withdrawals
- ✅ 100+ Trading assets
and much, MUCH more!
IQCent Pros and Cons
| ✅ Pros | ❎ Cons |
| Established by experienced people | Not licensed or regulated |
| Offers a fair selection of trading instruments | Offers a 1:100 leverage ratio |
| Low minimum deposit | The website lacks important information |
Min Deposit
USD 10
Regulators
Not Regulated
Trading Platform
Proprietary Platform
Crypto
Yes
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
IG Trading App
The IG Trading App offers access to thousands of Markets, including Binary Options, Forex, and Indices. The IG App offers fast execution and real-time price data. Traders will receive price alerts and trading signals via email, SMS, or push notifications.
IG Pros and Cons
| ✅ IG Pros | ❎ IG Cons |
| Used by 178,000+ traders | Inactivity Fee |
| Well-Established | Limited range of instruments |
Min Deposit
USD 0
Regulators
FCA, BaFin, FINMA, DFSA, MAS, ASIC, FSCA
Trading Platform
MT4
Crypto
Yes
Total Pairs
80
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Dukascopy JForex
Dukascopy offers access to the JForex trading platform across Desktop, Web, and Mobile. Users will be able to choose from 8 asset classes and trade in Forex, Binary Options, Bonds, and Stocks. JForex Mobile is available for download from the App Store and Google Play. The JForex App offers:
- ✅ 68 indicators and chart studies
- ✅ Live market news and calendars
- ✅ Low technical requirements
- ✅ Manual and chart trading
- ✅ Multi-language interface
and much more!
Dukascopy Pros and Cons
| ✅ Pros | ❎ Cons |
| Highly Regulated | US Clients not accepted |
| Wide range of tradable assets | Not FCA regulated |
Min Deposit
USD 100
Regulators
FINMA, JFSA, FCMC
Trading Platform
MT4, JForex Desktop, JForex Web
Crypto
Yes
Total Pairs
60
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Alpari Mobile
The Alpari Mobile App features all basic functionalities with access to expert reviews, live exchange rates, interest-rate quotes, and an economic calendar to name but a few. Traders can with their account with a single click or withdrawal funds instantly.
Alpari Pros and Cons
| ✅ Pros | ❎ Cons |
| Transparent | Limited Research Tools |
Min Deposit
USD 100
Regulators
FSC
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
ThinkMarkets ThinkTrader
ThinkMarkets offers access to two trading platforms for mobile, MetaTrader4 and ThinkTrader. The MT4 Option offers the same full functionality as the classic desktop app with the ability to view charts, review account history, close open positions, multilingual support, and much more. On the other hand, ThinkTrader comes with a Quad screen Display, Innovative analysis, Multi Deal Closure, and more.
ThinkMarkets Pros and Cons
| ✅ Pros | ❌ Cons |
| Regulated by FCA (UK), ASIC (Australia), and FSCA (South Africa) | Fewer assets compared to some competitors |
| Offers Standard, ThinkZero, Islamic, and Demo accounts | Spreads can widen during high volatility |
| $0 for Standard account, $500 for ThinkZero | Fees may apply for international bank transfers |
| Competitive spreads, especially on ThinkZero accounts | Educational materials are not as extensive as some competitors |
| Available for retail accounts | Standard stop-loss orders can experience slippage |
| Access to MT4, MT5, and ThinkTrader | Charges an inactivity fee after 12 months |
| For high-volume traders | Fewer research tools compared to larger brokers |
| Up to 500:1 (depending on jurisdiction) | Limited local customer support in some regions |
| Offers a robust affiliate program | Limited availability of cryptocurrency trading options |
Min Deposit
USD 0
Regulators
FCA, FSCA, ASIC, CySEC, JFSA
Trading Platform
MT4, MT5, ThinkTrader
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Derivative products are leveraged products and can result in losses that exceed initial deposits.
Expert Option Mobile
Expert Option offers access to a function-packed Mobile App. The Expert Option Mobile App is the Top Finance app in over 47 Countries with access to 4 chart types, 8 indicators, trend lines, social trading, and 100+ assets including Binary Options, Forex, and Stocks like Apple and Facebook.
Expert Option Pros and Cons
| ✅ Pros | ❎ Cons |
| Decent Platform | Limited amount of options |
| Demo Account Available | Only short-term options |
| Variety of payment methods available | Not the best regulation |
Min Deposit
USD 10
Regulators
SVGFSA
Trading Platform
Proprietary Platform
Crypto
Yes
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Olymp Trade App
The Olymp Trade mobile trading app comes with a wide range of useful features. Key Features include 10’000 demo currencies, Ultra-fast trades in a unique trading mode, a Progression system, 24/7 Support, and much more.
Olymp Trade Pros and Cons
| ✅ Pros | ❎ Cons |
| High leverage | Fees charged per trade |
| Low minimum deposit | Regulation lacking |
Min Deposit
USD 10
Regulators
IFC
Trading Platform
Proprietary Platform
Crypto
Yes
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
How to use Binary Options – Explained
Trading Binary Options is a simple, easy-to-understand process. Each Binary Options trader will have their own plan and strategies but simple steps do apply. Traders interested in Binary options will choose a strike based on a yes or no question. “Will this market be above this price at this time?” If the trader thinks yes, they will buy. If they think no, sell.
The basic steps to Follow when Binary Options trading include:
- ✅ Knowing the Market Trends
- ✅ Picking a Market to Trade
- ✅ Selecting a strike price and expiration
- ✅ Placing a Trade
- ✅ Waiting for an Expiration
This may sound easy. But, with all types of trading, it is very important to understand the process before investing real money.
Binary Trading app download – A Guide
Downloading a Binary Options App is a quick process. Simply open the chosen platform, be it Google Play or Apple Store and find the Brokers App best suited. Once the App has been chosen simply click install. If the App comes with a user cost, the trader will be required to make a payment before the app becomes available for use.
Successful Binary Traders in South Africa to Follow
Jabulani Ngcobo
Jabulani Ngcobo is currently one of the richest Forex traders in South Africa. Jabulani Ngcobo is a self-made millionaire and the author of Cashflow Naked, a biography and a lesson in financial education. Jabulani Ngcobo’s net worth is estimated at $2.4 billion.
Shaun Benjamin
Shaun Benjamin earned his first million Rand at 21 years of age and is not only the founder and CEO of Benjamin Forex Academy but also the director of the Benjamin Investment Group (Pty) Ltd, a qualified miner, property investor, and entrepreneur.
Ref Wayne
Ref Wayne is the best and most successful Forex trader in South Africa. Ref Wayne has created the first South African cryptocurrency named Pip Coin and is an entrepreneur that puts a lot into providing proper financial education to the South African population.
George Van Der Riet
George Van Der Riet steadily learned about the market before making his first investments. George Van Der Riet is leading the Global Forex Institute together with Sandile Shezi and they both aim to help young people in South Africa to get more knowledge about the financial markets.
Conclusion
Now it is your turn to participate:
Which Binary Options App from this list do you intend to test out?
What was the determining factor in your decision to engage with a certain broker?
Was it because of the Binary Options App Provider or the Pros and Cons?
Regardless, please share your thoughts in the comments below.
You might also like: IQ Option Review
You might also like: Pocket Option Review
You might also like: Binary.com Review
You might also like: IQCent Review
You might also like: IG Review
Frequently Asked Questions
Does Binary Options Work in South Africa?
Yes, Binary Options do work in South Africa. There are no laws against online investment in the country, so traders can trade in Binary Options.
Are binary options legal in South Africa?
Yes, Binary Options are 100% Legal in South Africa. However, Traders must be Binary options trading is considered as legal in South Africa, but traders should still ensure to register with a recommended and reputable binary options broker.
Can I trade binary options on my phone / iPhone?
Yes, Binary Trading on smartphones has become increasingly popular as most brokers launched new mobile apps.
Overall, what are the best options trading apps?
The Best Binary trading apps include Pocket Option and Deriv Go.
Are free options trading platforms available?
Yes, a select few providers offer free options trading, including Robinhood and Webull. However, Traders should always be wary of Free Offers as hidden fees may apply.
Can you trade Binary Options with MetaTrader4?
Yes, you can trade more than 100 different assets via MT4, including Binary Options.
Can you trade options on MetaTrader5?
Yes, the MetaTrader5 app offers a host of trading options, including Binary Options.
What are binary options trading in South Africa?
In South Africa, the binary option represents an option where the payoff is a fixed amount based on an asset of some kind.
What is the minimum deposit for binary options?
This will depend on the Forex Broker and Account Option chosen.
Can I be a millionaire with binary options?
Yes, it is possible, however not realistic. As with all forms of trading, success is never guaranteed.
What is the highest payout on binary options?
Pocket Option offers one of the highest payout of the year at 90%.
Can you make a living trading binary options?
Yes. Binary Options trading can be very profitable. Unlike Forex Trading, Binary Trading is much easier to understand.
Are binary options a good investment?
As with all investments, success is not guaranteed and it may be a good or bad investment depending on the traders’ personal experience.
Which binary broker has a $1 USD minimum deposit?
According to research, Binatex only requires a $1 USD minimum deposit in order to trade Binary Options.
Top 4 Brokers
