Posted on July 30, 2016
Binary options robot reviews
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How Does Binary Option Robot work?
Binary Option Robot gathers historical data from previous years, which is processed by a highly sophisticated algorithm that calculates the probability of assets price movements at any given moment. The software is integrated with the trading platforms of seven binary options brokers. You can open an account with one or all of these binary options brokers just by registering with BinaryOptionRobot. There are no fees and you can start trading immediately.
How to start?
To start trading binary options with the help of Binary Option Robot, just visit the company’s website and go to the Open Account section. There you must enter your contact details and choose the currency that you would like to open an account in (the available currencies are: USD, EUR, GBP, CAD, and AUD). Once you finish the registration process, you are taken to the Dashboard of your account where you have to choose one or more binary brokers to work with.
To register with one of them, just click the green Open Account button. You don’t have to go to the broker’s platform – everything happens in the nicely designed Dashboard of the binary robot. The only time you must leave Binary Option Robot is when you deposit funds to one of the newly registered trading account.
Every time you log into your Binary Option Robot Dashboard you will see the latest promotions by the featured brokers. For instance, at the time we created this review there was an active offer by CherryTrade, who were giving 5 risk-free trades to any user of the robot who was willing to deposit funds with this particular broker. Keep in mind that there are special terms and conditions when you accept a bonus or a promotion from a broker, so it’s best to visit the broker’s website and familiarize yourself with the terms and conditions that apply.
Apart from trading, the Dashboard is also the place where you can change your contact details, review your trading history, and manage your binary robot’s settings, including the tradeable assets, the investment per trade, the maximum daily trades, the daily loss stop and the reverse trading feature.
Binary Option Robot Minimum Investment
Binary Option Robot recommends an initial investment of at least 500 USD and according to them, the optimal set up should be a deposit of 1000 USD and bid of 25 USD per trade. However it’s the trader’s decision how much money he/she will invest initially.
Binary Option Robot User Interface
The Binary Option Robot interface is intuitive and easy to navigate, which enables traders to get familiar with its features quickly. The auto trading software has numerous customizable settings, which allow for maximum control over the way trades are executed and that gives investors the opportunity to achieve optimal results and the best possible return on their investment. To help traders with the configuration of the preferences, the Binary Option Robot provides a tutorial guide, which explains in-depth what each setting means and how to use it. This makes the trading process easier and accessible to traders with various levels of proficiency.
Binary Option Robot Features
The Binary Option Robot stands out among other auto trading solutions with some major advantages. In addition to the automated trading system it also provides trading signals and traders can choose from several signal sources, which allows for great flexibility. Another unique feature enables you to set the level of risk you are willing to take, which minimizes the possibility of losing funds.
The fully automated trading software provided by the Binary Options Robot is also extremely time-saving as it executes the trades on your behalf even when you are not online. This way it does all the work, while you can relax and enjoy yourself.
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This gives you access to otherwise “locked” features, such as the four levels of risk and the expiry times of the options that can be traded with the robot. Also keep in mind that each time the friend you have referred to Binary Option Robot, both you and him/her will get your VIP period extended by 2 months.
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Binary Option Robot Review
About Binary Option Robot
Price: Free Version or Upgrade to Pro for .
How Does Binary Option Robot Work?
Binary Option Robot is a free auto-trading tool for binary options that connects to your broker and automatically places trades for you. You have a choice of using the auto trade feature, which places trades automatically when the signals are given, or you can enter trades manually.
What is the Average Win-Rate?
After testing the software out I was quite impressed with the win-rate. Generally speaking, you’ll see a win-rate of 70%, which varies depending on the time frame you’re using. I wouldn’t trust the 83% win-rate claimed on the homepage or the “Latest Trades” screen.
I’d also avoid using the 60s expiry times on the Binary Option Robot as the signals are a lot more prone to the background noise in the markets. For example, I was probably seeing a 30-50% win-rate with 60s option.
However, if you use the 15m, 30m or 60m expiry times then you should see a 65%-70% win-rate. Generally you’ll win 2 trades out of 3. Obviously you’re not going to win all of the time as the software relies solely on technical indicators, which don’t work well in choppy markets or during major market events.
The reason I’m sticking up for this software is even though it doesn’t win all of the time; it only takes a 65%-70% win-rate to start making money with this software.
What Systems are Available?
The great thing about this software is that it allows you to trade 3 different systems for the auto-trader option, as explained below:
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Features of the Free Version:
The free version of the Binary Option Robot only works on Stock pair and limits you to trading the following conditions:
Features of the Pro Version ()
If you decide to upgrade to the Pro version for then you’ll be able to trade higher amounts and get access to more indicators and currency pairs:
I already admire the transparency and openness of the system, as not many auto traders and signal services are open about the methods and indicators they use to generate the signals. By being able to view and select which indicators to use, you can use this service as part of a wider strategy.
Secondly, the software is incredibly easy and quick to install. The software is built for beginners and shows a useful friendly window next to your broker screen where you can edit the trading inputs. This is in contrast to other software such as BinaryAutoTrader.com where you need to log into the website and then open trades in a different window.
The best thing about Binary Option Robot is that you can configure the trades and systems to suit your strategy. For example, not only can you select which indicators, trade value and expiry time to use but you can also choose between 3 different systems
Finally, the auto-trading software works under a range of market conditions. Once you set it up, you can leave your computer running whilst your away and it will trade on your behalf. There are always plenty of signals and alerts, however be aware that if you use the smaller time frame then you’ll be sacrificing win-rate % for volume of signals.
Disadvantages of the Binary Option Robot
Of course, the main downside by using the Binary Option Robot is that (like all other auto-traders) it trades purely off technical indicators. This means it won’t take into account things such as choppy markets, candlestick patterns, market reversals and major news releases. In other words, you can’t really expect to earn more than a 70-75% win-rate with this system even with the longer expiry times.
The other disadvantage is that it only works on three brokers (StockPair, TopOption and ZoomTrader for US traders). However, each of these brokers provides a number of features for traders so you’re not missing out on much.
Have you become tired of losing money in binary trading? Check out the new binary options robot and experience the feeling of making profits while sleeping. We know the value of your precious time, and with this tool of trading we promise you guaranteed time savings by making the robot trade. This will really be an exclusive trading experience for you with this automated trading technology which allows you more flexibility and hands free trading. The best part of using a binary options robot is that you don’t need to be an expert in binary trading to make use of this tool. This tool is really trustworthy, sophisticated and it has proved to be the best trading partner.
Binary options robot | How it works?
The binary options robot works on the principle of automated trading system which generates signals that are provided by the trading indicators. This trading software has become so popular because its working is really simple and doesn’t need expert technological knowledge. Binary options robot carries the smartest methods and strategies for making profits in binary trading. The best binary trading brokers are also a major part of this advanced trading tool. It analyses the trend of the market and keeps a check on the live estimation of each and every trading indicators. An auto trading signal is generated by the indicators to CALL or PUT. The trades are instantly executed by the binary options robot following the trading system signals.
Binary options robot | Advantages
Binary robot trading | Summary
This is a unique technology. You will come across many binary trading software that require a trader who is trading actively from a computer connected through internet either from home or from VPS. But the binary options robot will make it a lot simpler for you. Just set up the broker settings, trade amount, daily trades and losses. It won’t be a problem for you if you change the trading platforms as it is compatible on a large variety of trading platforms. It runs on a suitable technological mechanism, which makes it easy for the people to understand the chart analysis. And even if you remain offline, the binary robot keeps trading for you by following your preferences. It literally makes money while you’re sleeping.
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