The latest report from the Finance Magnates shows that African countries are outperforming other regions in terms of binary options deposits. The October data reveals that the industry’s investment in education and promotion in the continent has worked as, in total, four out of ten leading markets for new traders were from Africa during the month. This is a stark contrast from the results of when no African country entered the list.
The top ten first time deposit sources for binary options firms, normalized for the size of the national economy per capita, in descending order, are: South Africa, Zambia, Ghana, Kenya, Jamaica, France, Georgia, Czech Republic, Belarus and Turkey. As you can see, following Africa, Europe was the second most represented region of the world.
The leading position of South Africa specifically should not be all that surprising considering that in September it was the .
The top ten overall deposit sources for binary options firms during October, normalized for the size of the national economy per capita, in descending order, are: Nigeria, Zambia, South Africa, Romania, Ukraine, Georgia, Russia, Colombia, Lebanon and Jordan. International binary options firms have established a strong presence in Arab speaking markets which we can see are yielding results.
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The research and analysis work conducted for preparing this index was powered by the retention automation firm .
This is the latest publication from the – a new cross-industry benchmark created with a methodological formula that matriculates data from three main sources: insider information, our unique database and technological BI tools.
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