HBC Broker Review South Africa ¦ Binary Options Broker

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HBC Broker Review

The early history of HBC Broker begins in 1997, while big rebranding happened in 2020.

From then, this broker is known as binary options and forex broker for traders around the world. What we learned is that this broker accepts traders from South Africa.

HBC Broker is owned by the MPG INVEST Ltd in Edinburgh, Scotland.

HBC Broker stands for Honest Brokers Collaboration; a regulated binary options broker who wants to provide the best trading platform for traders in South Africa to use and maximize profit if possible.

For more about this binary broker and it available trading feature, read further our HBC Broker review and learn how South Africans can benefit from this broker.

HBC Broker General Info – South Africa

What we discovered in HBC Broker review is that required deposit is set to $250. Minimum investment is $10, while payouts range from 65% up to 81%. With this broker it is possible to trade with USD and EUR.

Alongside with traditional approach to binary trading, HBC Broker wants to provide their registered traders with an option to experience binary auto trading software.

For that reason, they teamed up with Binary Options Robot, one of the leading binary options automated software on global binary market.

HBC Broker Platform and Trading Features

This broker uses PandaTS software, one of the best in binary industry. They offer South African traders an innovative platform which is easy to use and adapted for both pro traders and beginners.

HBC Broker review revealed how with this broker it is possible to trade binaries by using following trade options: One Touch, High/Low, Hyper Options and Range Options. Accepted time frames for these trade options can be 30 s, 60 s, 2 min, 5 min, 10 min etc.

As a novelty on HBC Broker, traders in South Africa can use Follow Leaders; an option where it is possible to track best performing traders and copy their trades.

With HBC Broker, traders are able to invest in a large selection of currencies (forex), stocks, commodities and indices.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Free Trading Education!
    Free Demo Account!
    Perfect for Beginners!

  • Binomo
    Binomo

    2 place in the ranking!

As an inexperienced South African trader, option to train and test the platform on demo account is very important due to its advantages. To registered traders, HBC Broker offers risk free demo account, where traders place trades with virtual money and not real one.

So far according to HBC Broker review, demo is available on for forex trading.

However, traders can reach for customer support service and see are there any plans for connecting binary options trading with demo account. Overall, trading on demo is popular among many traders, especially beginners since it enables them to perform a selection of trading instruments and strategies under risk free conditions.

Another widespread trading tool discovered in HBC Broker review is mobile app. This app is connected both with Android and iOS operating systems and enable traders in South Africa to trade binary options from anywhere.

On HBC Broker mobile app, traders only have to login and can use mobile version of trading platform. App includes same features and tools just as web-based platform, such as real-time trading, a variety of underlying assets on disposal at no additional fees.

HBC Broker Account Types

Our HBC Broker review revealed us how this broker offers three trading accounts to registered traders. Each account type is equipped with specific trading tools and features, as well as different minimum deposit required.

HBC Broker Silver Account

  • Minimum deposit $1000 – $9999
  • Personal analyst on disposal
  • Binary options trading
  • Individual financial trading plan
  • Risk management support

HBC Broker Gold Account

  • Minimum deposit $10000 – $9999
  • Personal analyst on disposal
  • Both binary options and forex trading
  • Individual financial trading plan
  • Risk management support
  • Fixed spread 3 pips USD/EUR

HBC Broker Diamond Account

  • Minimum deposit $50000
  • Personal analyst on disposal
  • Both binary options and forex trading
  • Individual financial trading plan
  • Risk management support
  • Floating spreads
  • Quarterly trading plan
  • Fast withdrawals via Mastercard

HBC Broker Customer Support

As one of the most meaningful segments when trading binary options is by far, quality and responsive customer support service. This HBC Broker review showed us how traders in South Africa are able to directly reach this broker on phone number, email [email protected] and web contact form.

HBC Broker claims to have support service, which is available 24/5. So far, we haven’t noticed live chat option but we hope soon they will implement it since live chat is one of the fastest way how to contact a broker and get proper answer on needed question.

Education comes as one of the important ways how to become more experience and expand their trading knowledge. Under Education on HBC Broker platform, South Africans can learn more by choosing following edu materials: video tutorials, webinars, glossary and trading for beginners.

Also, if traders check How to Trade, they can see a list of valuable information regarding how to deposit and withdraw funds, details about trading accounts, mobile app and trade options features.

HBC Broker Banking Info

As seen from information provided by HBC Broker, they use SSL encryption technology to ensure high safety standards to registered binary options traders.

Also, KYC policy (Know Your Customer) is also available and requires several documents to be provided, including copy of ID card, credit card copy which is used in the trading process and proof of residence. Documents should be sent to email on [email protected] .

Accepted deposit methods on HBC Broker are:

  • Cards: Mastercard and Visa
  • Wire transfer
  • E wallets: WebMoney, Skrill Moneybookers and Neteller

For withdrawals, South African traders first need to submit a withdrawal request which might take up to 4 working days to be processed and approved. Minimum withdrawal amount for credit cards is $100.

However, for more details about withdrawals from this trading platform, we recommend to directly contact account manager and get needed banking information.

HBC Broker Review 2020

While the story of HBC Broker actually began in 1997, it is from 2020, when major rebranding took place, that this binary and Forex broker became known to the public at large. They are a trading name of IVA STAR LTD, Edinburgh, Scotland.

With powerful and indicative name – Honest Brokers Collaboration – this regulated broker strives to provide the best possible service to their registered traders. And they do so while upholding their core values – reliable management of the traders’ funds and unique capital management opportunities.

That prompted us to present interested South African traders a HBC Broker review which will highlight the most important details pertaining to this interesting broker.

HBC Broker General Information

Knowing that the minimum deposit plays a big role in the overall decision when traders set out to select a broker, in our HBC Broker review we first took a look at that.

We found that this binary broker holds with the average minimum deposit of $250. Later on, traders may add as many funds as they want to their trading account. The minimum trade amount is $10.

Currencies which can be used to fund the account are USD and EUR.

Their return rate can go from 65% up to 81%, depending on the trade options selected.

This binary broker is available on Binary Options Robot auto trading software!

HBC Broker Trading Platform and Features

Further in our HBC Broker review, we discovered that they make us of the Panda TS trading software which provides a modern, innovative but simple trading platform. The navigation of the HBC Broker trading platform should not present any issues for South African traders.

We also found that they offer an interesting selection of trade options: High/Low, One Touch, Range Options and Hyper.

Trader can also use the “Follow Leaders” option in which they can monitor the best traders and copy their trades.

South African traders may find more info about trade options in the tab at the top of their trading platform named “How To Trade” and then proceed to Option Types.

There is also a range of expiry times such as 30 seconds, 60 seconds, 2 minutes, 5 minutes, 10 minutes etc.

They also provide their traders with the usual categories of underlying assets – commodities, indices, currencies and stocks as well as Forex.

In our HBC Broker review, we also inspected which trading features and tools they offer to their registered traders. We were not surprised to find that this modern broker provides both a mobile trading app and possibly a demo account as well.

The mobile trading app is an exceedingly handy trading tool, especially in the frantic pace of life plenty of traders have to deal with. They need a swift access to markets in order to trade binary options and HBC Broker made sure their traders have that possibility.

With the mobile trading app the traders may carry out their trades on the go and not only save time but also increase their profits since they can trade at any time and any place.

Their mobile trading app is available on both iOS and Android devices. The mobile app provided by HBC Broker replicates all the main features present on their standard trading platform such as:

  • Management and access to the trading account
  • Real-time trading on the go
  • Trading with indices, currencies, stocks and commodities
  • No additional fees

In our HBC Broker review, we also found they provide the demo account.

According to the information on their site, the demo account is available for the Forex trading. We advise South Africans interested in this broker to contact their customer support service and further enquire if the demo is suitable for the binary options trading platform as well.

The demo account is especially useful for novice traders as it provides a risk-free trading environment since the funds are virtual.

Traders get a chance to test various trade options, strategies, and various underlying assets. But, the demo account is a handy tool in general as traders get to slowly learn and gain experience about the trading process in general.

In order to help their registered trades further, HBC Broker review also have an “Education Centre” tab which contains plenty of helpful information about the trading process.

The HBC Broker educational materials contain a Glossary, Webinars, Video Tutorials and Trading for Beginners.

There are also sections in “How to Trade” tab which provide further information on deposits, withdrawals, trading instruments, account types, mobile trading and option types.

HBC Broker Trading Account Types

Another very important aspect of any binary options broker is the selection of account types they offer so in our HBC Broker review we also took a look at what they provide.

We have found that they provide the basic trading account as well as three additional VIP trading accounts and each is equipped with specific features.

However, this broker also provides basic services such as access to the analytical information, technical analysis, economic calendar, a personal account manager as well as signals for each account.

HBC Broker Silver Account

  • Minimum deposit from $1,000 – $9,999
  • Possibility to trade binary options
  • Personal trading analyst available
  • Asset and risk management support
  • Financial plan – individual

HBC Broker Gold Account

  • Minimum deposit $10,000 – $49,999
  • Possibility to trade both Forex and binary options
  • Personal trading analyst available
  • Asset and risk management assistance
  • Financial plan – individual
  • Fixed spread – 3-pips EUR/USD

HBC Broker Diamond Account

  • Minimum deposit from $50,000
  • Possibility to trade both Forex and binary options
  • Personal trading analyst available
  • Asset and risk management assistance
  • Financial plan – individual
  • Trading plan – quarterly
  • Quick withdrawals via MasterCard
  • Floating spreads

HBC Broker Customer Support Service

Customer support service is of enormous importance when it comes to the quality of binary options brokers.

It is the customer support service that communicates the most with traders and whom traders turn to first when they have additional questions or need help in resolving an issue.

In our HBC Broker review, we discovered that South African traders can contact the support services via email at [email protected] or via phone +442038683295.

However, in their Contact us section, this broker has also provided a simple web form traders can use to leave a message.

According to the info available on their site, their customer support service is available 24/5.

We hope they shall soon introduce a Live Chat option soon as this is the quickest way for traders to get in touch with the customer support and would also add to the overall quality.

HBC Broker Banking

The last section in our HBC Broker review we shall inspect their banking information and the security they provide on their trading platform.

According to the info available on their site, HBC Broker utilises the standard SSL protection which is visible the moment South African traders inspect their trading platform as the green HTTP letters are visible in the URL area.

Additionally, they also keep with the so-called KYC policy which requires that traders supply certain documentation such as: copy of the valid passport, a copy of the card used to made the deposit, a copy of the utility bill as well as a signed purchase history of the traders’ online purchase with the HBC Broker.

South African traders intending to use this broker are advised to provide these documents as soon as possible so as to later avoid any delays when it comes to processing their transactions. The scan of these documents can be sent to [email protected] .

This measure is put in place to prevent fraud, identity theft and money laundering.

When it comes to withdrawals, traders can do it via the same payment method used to make the initial deposit.

Payment methods available to South African traders with HBC Broker are:

  • Bank transfer
  • Credit and debit card – Visa and MasterCard
  • E-wallets – Skrill, WebMoney and Neteller

The withdrawal requests can take up to four days to be approved. Withdrawals done via credit or debit cards are processed instantly upon approval. For e-Wallets, the minimum withdrawal is set at $100 or 100€.

They do mention a low withdrawal fee for e-Wallets but they do not provide the specific information so traders are advised to contact their provider for more details.

South African traders who have more questions about withdrawals/deposits are instructed to contact their account manager.

HBC Broker Review 2020

A trading name of IVA STAR LTD, HBC Broker was first launched in 1997.

However, after the rebranding in 2020 this Forex and binary options broker became better known under the name it has today.

Their name actually stands for Honest Brokers Collaboration and their aim is to provide traders both in South Africa and around the world, the top-notch services. Distinctive capital management opportunities along with dependable management are the essential values this broker operates under.

HBC Broker is regulated and presents an interesting choice for South African traders looking to do binary trading.

In our HBC Broker review, traders will be able to find essential information pertaining to the broker and the way they conduct their business.

HBC Broker General Info – South Africa

We will start our HBC Broker review with general info traders usually look for first.

Their minimum deposit policy agrees with the majority of other brokers in the binary industry and it is set at $250 while the minimum trade account is set at $10.

The selection of currencies which can be used is not overly big, USD and EUR, but since it covers the most popular choices this should not be an issue for South African traders.

According to the information available on their site, the return rates move between 65% to 81% depending on the preferred trade options.

HBC Broker Trading Platform and Features

HBC Broker platform is powered by Panda TS trading software which is counted among most popular in the binary industry.

As we took a look at their trading platform for our HBC broker review we noted it was simply, but distinctly modern and user-friendly.

South African traders can look forward to trading on innovative and efficient trading platform which should be very easy to navigate.

Further on, we also found a fine range of trade options available to traders and those include High/Low, One Touch, Hyper and Range Options. Each trade option is unique and offers different possibilities in the binary options trading process.

HBC Broker has a great section on their platform, Option Types, which can provide all interested traders with more information about each option.

A range of expiry times this broker offers is also satisfactory and starts with short expiry times like 30 sec, 60 sec and moves on to 2 min, 5 min, 10 min etc.

Standard categories of underlying assets of indices, commodities, stocks and currency pairs are available for traders.

Another important segment which we scrutinised for our HBC Broker review are the trading features and tools available on their platform.

Unsurprisingly, they provide advanced mobile trading app as one of the most interesting tools.

The reason why binary brokers provide this trading tool nowadays is its immense utility in the world of the 21st century where speed is essential to get ahead and earn the profit.

With HBC Broker mobile trading app South African traders have the access to all the main features available on their standard platform.

The real-time trading on the go, trading with all varieties of underlying assets, as well as management and access to the trading account, are all replicated on the HBC Broker mobile trading app. Naturally, the app can be downloaded for free and it can be used on iOS and Android devices respectively.

Further inspection of their platform for our HBC Broker review, also points to the existence of a demo account.

However, they indicate that the demo account is available on the Forex trading platform. South African traders interested in trading binaries with HBC Broker should contact their customer support service and inquire if the demo can also be used for the binary options trading platform.

The demo account is a fantastically useful feature as it provides traders with a chance to practice before they began the trading process on the real account.

Since funds on the demo account are not real but virtual, all focus in on practising, getting to know various trade options, underlying assets, expiry times and trading strategies.

The fear of losing funds is completely removed from the equation so South Africans, especially those who are completely new to binary trading, can aim all their attention on learning.

To help the traders with the whole learning process, HBC Broker also offers a tab “Education Centre” which contains a great selection of learning materials which, along with practising, covers the basics of what traders need to know about trading binaries.

Interested South African traders are also instructed to inspect the “How to Trade” tab which is the equivalent of FAQ section and where they can find info on deposits, withdrawals, account types, mobile trading and types of trade options.

HBC Broker Account Types

The broker account types are another aspect integral to binary options trading.

For our HBC Broker review, we found they provide their traders with four different account types. They have the basic trading account type and three more distinct VIP accounts.

However, basic services like personal account manager, binary signals, technical analysis, economic calendar and analytical info are available no matter which account traders select to use.

HBC Broker Silver Trading Account

  • Minimum deposit $1,000 – $9,999
  • Binary options trading
  • Available personal trading analyst
  • Asset and risk management
  • Specific financial plan

HBC Broker Gold Trading Account

  • Minimum deposit from $10,000 – $49,999
  • Forex and binary options trading
  • Available personal trading analyst
  • Asset and risk management
  • Specific financial plan
  • 3-pips EUR/USD fixed spread

HBC Broker Diamond Trading Account

  • Minimum deposit $50,000 +
  • Both Forex and binary options trading
  • Personal trading analyst
  • Asset and risk management
  • Specific financial plan
  • Trading plan – on quarterly basis
  • Quick withdrawals with the MasterCard
  • Floating spreads

HBC Broker is available on Binary Options Robot – one of the widespread binary trading platforms on South African market.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Free Trading Education!
    Free Demo Account!
    Perfect for Beginners!

  • Binomo
    Binomo

    2 place in the ranking!

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