Binary Options Robot – Everything about Auto Trading Softwares

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

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

  • Binomo
    Binomo

    Good choice for experienced traders!

Binary Option Robot auto trading software reviews

Binary Option Robot auto trading software reviews

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Last Updated: Aug 29, 2020 @ 12:33 pm

As you may have already realized, it’s quite difficult to trade binary options all by yourself. Even if you apply all the latest working strategies, there’s a 70% chance of losing a trade.

This is the reason why most traders have resorted to using an auto trader software instead of trading manually.

There are many auto trading softwares that can help you achieve this aim but on this site, we only review the ones we’ve tested and proven reliable.

Binary Option Robot review:

This robot is simply an executable computer program that will help you trade when you choose a few parameters.

Here’s a short video explaining how it works:

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This trading software will save your time because there’s no more need to perform extensive technical and fundamental analysis before trading.

Binary Option robot makes use of 3 most important systems for trading:

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  • Binarium
    Binarium

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

  • Binomo
    Binomo

    Good choice for experienced traders!

Classic system: This system trades the same amount on the currency pairs selected by you.

Martingale System: People believe this is the most profitable of them. It involves trading an amount that increases after a loss and comes back to the initial lowest possible amount after a win. Every calculation is different for the currency pairs.

Fibonacci system: Not very different from the forex trading fibonacci system. It involves trading an amount that will increase after a loss or decrease after a win. Also, this system is dependent on the currency pairs you’ve chosen.

As you would expect for softwares like this, there’s both a free version with less features and a Paid version ($79) offering more advanced features.

The free version is just a trial one for me. It lets you perform only 2 trades simultaneously with a single broker, two currency pairs, all the 3 trading systems and a single trade amount of $20. With the Paid version, you’ll get the following:

  • Access to 4 binary option brokers (24Options, Tradorax, BossCapital and StockPair)
  • Up to 5 trading indicators
  • 7 maximum simultaneous trades
  • Up to 7 currency pairs as opposed to 2
  • Amounts vary from $5 to $500 per trade for the different brokers
  • Variable time frames
  • Free upgrades
  • 60 days Money back guarantee

The auto trading software works on both Windows and Mac PC with easy installation guide.

There’s always a standby support (help) for you whether you are a free user or paid user.

Please note the following:

If you are already trading with a binary option broker that is not supported by this software, you have to register with one of the brokers the software supports. After a successful registration and verification, you have to fund your account with the recommended minimum of money in order to start using the software.

You Can Also Read : Option Bot 2.0 Reviews

Conclusion:

This software is trusted by many traders all over the world because it has at least 80% winning rate. This is obviously a good result rather than gambling with your money because you have no solid knowledge of the best trading strategies. If you are serious with your binary option trading, i suggest you go with the paid version because it has more features than the free one and it is relatively cheap as well.

If you’ve used this Binary Option robot before, you are welcome to leave your own reviews below.

Binary Options Robot Review

Binary options trading is widespread on South African market for the past couple of years.

Many South African traders have decided to participate in this industry and trade binary options with goal to maximize profit in an popular online investment.

Since technology shows great improvements, binary options industry follows these steps. This is how binary auto trading became a whole new field in binary options trading, thanks to its many useful features.

In binary auto trading, traders are able to earn money while binary robots/software place trades on their behalf. It actually means how South Africans don’t have to invest their time and still profit from binary options.

Let us introduce our South African readers to Binary Options Robot, an automated software for trading binary options.

What is Binary Options Robot?

Binary Options Robot is a 100% remarkable software which helps in getting amazing end results in binary options trading.

Unlike other software, Binary Options Robot is totally free auto trading software.

Traders do not need to download it as software plays its role from server. To start using this software, traders should be connected to the internet.

Binary Options Robot is popular as dynamically designed software that gives opportunity to beginners to get profit without having past experience in binary options trading. Trading analysis as well as actions is controlled by auto trading.

How to Register for Binary Options Robot Software?

Registration on Binary Options Robot is free to all interested traders in South Africa. The entire registration process can be done in just few steps.

In the upper part of Robot dashboard, South Africans should provide just some information in order to complete the process by clicking on Open Account. They need provide their first and last name, phone number, email address and password. Once done, traders will get full access to Binary Options Robot software. For each next time, they only have to click on Login button and provide email and password.

How to Select a Broker which Will Be Just Right for You?

If you are new in binary options trading, Binary Options Robot provides a fine list of binary brokers to start trading with numerous underlying assets.

To get best results, traders can open an account with two or more brokers. It makes binary options trading simple and more profitable for traders.

Binary signals are followed by auto robot to start its function. Unlike other trading software, Binary Options Robot does not take charges for signals. These signals are created by the sophisticated mathematical algorithms that predict what would be current situation on the financial market. According to market news, they deliver trading signals to Binary Options Robot.

Notable Features of Binary Options Robot

There is a diversity of trading options so that traders can select the one that suits their requirements. It is possible for traders to select more than one broker to trade and increase success rate at the same time.

Moreover, traders are capable to select a certain amount for each trade according to their experience or budget.

Binary Options Robot has limited set of default settings and more options for traders to protect their investment.

In case, traders have an idea of opposite results in a trade, they have given choice to reverse trade.

One of the notable features of Binary Options Robot is selection of trading assets.

Traders can select more and more assets to increase chances of a successful trade. It is more convenient for traders that auto robot software is compatible with tablets, as well as smartphones.

This automated software consists of various features and trading instruments, including Settings and History fields.

For example, under History, traders can see an overview of past trades, while in Settings, they can choose what feature or option want to be turned on or off.

Binary Options Robot offers two effective features: Daily Stop Loss and Max. Daily Trades.

When Daily Stop Loss is switched on, traders can set their own limit. This is important in order to be able to set preferred risk level and trade amount per day.

Max. Daily Trades feature is excellent for new and inexperienced traders because it enables them to save money. Max. Daily Trades is set to lower numbers of trades due to high safety reasons. More experienced traders can easily modify default setting if they want to increase the number of trades.

Simple Procedure with Binary Options Robot

Traders are given simple procedure to register an account and deposit initial funds.

There are different trading rules offered by brokers; however, traders are free to select the one that suits their needs.

Each broker has set amount for minimum investment, initial deposit and withdrawal.

For inexperienced traders, it is better to choose binary option broker that offers minimum investment option and demo account service as well.

Binary Options Robot Customer Support

Binary Options Robot pays a lot of effort to enable traders the best possible trading services. Having an up to date and timely customer support service is one of the main reasons Binary Options Robot is proud of.

Customer support agents are available for traders Monday to Sunday between 8 a.m. and 10 p.m. Traders can contact customer support on live chat and email. In

Traders can contact customer support on live chat and email.

In case of any questions traders might have regarding Robot dashboard, they can ask customer support agents. Their assistance is a valuable asset to have and contributes to having better trading results which can turn out to be profitable.

Robot offers excellent FAQ where traders can find answers regarding the trading process, described in simple steps.

Binary Options Robot VIP Account

Due to remarkable features and maximum chances of success, most of the traders prefer to select VIP account to enjoy full control of the auto robot. When VIP accounts are selected, traders are given more opportunities to trade. Selection of risk level is one of the appealing features. If lower level is selected,

Selection of risk level is one of the appealing features. If lower level is selected, the trade will be highly secured, whereas higher level means to choose risky trades with maximum profit ratio.

Registered VIP account holders can experience numerous benefits, such as choosing preferred risk level and available times of expiry. Traders can select between 60 seconds and same day expiry times.

Robots and Automated Trading

The use of binary options robots – “bots” – and other automated trading software and apps has exploded in the last few years. Here we explain how a trading robot works and review the top services 2020, and list what you as a user need to know and look out for. We also show where to get a robot demo account to trial the service, and teach you to use auto trading software and tools.

The best auto trading service for you will be down to individual choice, so read on to get all the facts.

Top Robots and Auto Traders in Russia

BinBotPro Choose among 20 robots and compare them on past performance. Activate automated trading in only 3 steps. » Visit Binary.com Regulated broker with a tool for building robots, offering a large range of features. Exclusive $20 Free » Visit OptionRobot Free to join with flexible settings including indicators, expiry and methods. » Visit AutomatedBinary Free demo account and options for money management and algorithms. » Visit

How an Auto Trading Robot Works

Robot software and auto trading algorithms combine a signal service with automated trading. So the software will attempt to identify profitable trades, and will then place the trades automatically. This automated element takes signal services a step forward, and actually place the trades as well – rather than leaving that to the trader. These systems will have differing levels of risk management – from stop losses, to daily fixed spend limits. The automated element however, does increase the financial risk for traders overall.

There is also a growing trend for brokers to provide their traders with the ability to configure their own ‘bots’ or automated trading systems. These tend to simplify the the process, letting traders “drag and drop” technical indicators into their system. The best bespoke robot features also allow traders to run their robot in a demo account, in order to trial it risk free.

Brokers are keen to promote robots, because they create higher trade volume, and therefore reduce risk for the broker. They can be a great tool for traders too – but as ever in binary options – any promises of profits are an immediate ‘red flag’. Robots, like binaries themselves, need to be fully understood before use, and they are not a route to guaranteed profits.

Will a Robot Make You a Better Trader?

Sometimes. Trading robots will have swings, just like any other trading method. Likewise, the settings by which the robot is operated, might become less (or more) effective over time. So they will need to be constantly monitored for performance.

Automated trading without doubt increases risk – and binary options are already a high risk investment vehicle. But an automated bot running unchecked could rattle through a large number of losing trades, particularly where a news event impacts the market. An event that might make a human trader step back from the markets, is not going to stop an automated robot.

This extra risk can be managed to some extent. Many robots will have daily loss limits, and overall limits. They can also be set to stop if a certain level of profit is reached. Traders need to be aware of all the pitfalls however and treat bots with respect.

Reviews of Auto Traders

Binary Bot from Binary.com

Binary.com also offer the facility to design and run an auto trading robot. Long the broker for advanced traders, Binary.com now offer a range of ‘advanced platforms’ – one of which includes the Binary bot platform (Screenshot below).

This platform gives traders the ability to put together an automated trading system. As might be expected from this firm, the feature offers more depth than some of their rivals – again appealing to advanced users. The criteria available for putting together the algorithm offer greater choice than elsewhere. The process allows extra layers of complexity to built in, enabling users to get very specific about their trade ‘triggers’.

Binary Bot follows the Binary.com look and feel, which is fairly unique. The visual ‘fluff’ has been trimmed back, and replaced with more features and usability – typical of the brand. Read more about the platform in the Binary.com review.

Other Auto Trading Software

Auto trading software does require a small manual element in setting up, but once that is done – as the names suggests – the trading is automated. This form of trading is generally very similar to robot services. A trader using automated software will first setup the software based on the type of trading they are interested in. So the level of investment, the type of assets to trade and the level of risk. Once configured, the software can be left to place trades based on the settings given.

Signals – Essential to Auto Trading

In theory, signals and automated trading are similar. The difference being that when auto trading software spots a signal, based on data analysis, it will open a trade. A signal provider will simply highlight the trading opportunity, but leave the actual opening of the trade to the user.

Automated software therefore, generates signals based on the algorithms it uses, and will open and close trades based on those algorithms.

Copy Other Traders

There are also services that will allow trades to be opened based on a real-life binary options trader. Providers will offer a list of live traders, and publish their results. Users of the platform can then decide to copy those traders – choosing levels of risk and investment to suit their own needs. This kind of “almost auto trading” is called copy trading.

Robot and Auto Trading Scams

The automated nature of this style of trading is fraught with danger. If ever a trader hands control of their trading over to someone else, the level of risk grows hugely. Our scams page details some of the red flags to look for (including a list of scam services), but auto trading in particular attracts a lot of scam operations. Here are a few reasons why:

  • Novice Traders – Auto trading software is often aimed at novice traders, or people who do not have the time or knowledge to trade themselves. This group is perhaps easier to mislead, and they are therefore targeted.
  • Easy to blame the trader – Linked to the first point. Dishonest providers will simply say the software was misused, and therefore not at fault.
  • Control – If traders have put someone else in control of their trading, it is very easy to simply say the money was lost trading.

Warning sings of a scam will include a lack of transparency (results that are not verifiable), forcing users to use a particular broker, and the most obvious – the promises of guaranteed or very high profits. If it was easy, everyone would be doing it. Tread very carefully if proceeding with auto traders. The risk of scams is considerable.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

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

  • Binomo
    Binomo

    Good choice for experienced traders!

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