Binary Option Auto Trading Review Legit or Scam

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  • Binarium
    Binarium

    Best Choice! The leader in our ranking!
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  • Binomo
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    Good choice for experienced traders!

Binary Option Auto Trading Review

For many people, binary options is a blessing, and rightfully so, I mean, it doesn’t have the complexities of Forex trading or the uncertainties associated with the stock markets. The returns are also bigger and faster than other types of trading. Surely, why play the lottery when binary options is here? Surest way to become rich, right? Wrong. While binary options can bring in returns of up to 95%, in some cases, the risks involved are far greater than in other financial markets which significantly reduces the probability of you getting rich in little or no time. Basically, it’s a safe gamble – you look up an asset, which could be a stock, commodity or index, analyze it and predict if its value will rise or fall within the given time. If it does, congrats buddy, you’re in the money! If it doesn’t, tough luck, you lose. And thousands of traders the world over have lost considerable amounts in trades gone bad. Others couldn’t cope with the tiring analysis and research required to place good trades. Some have even given up on the trade completely, and it is understandable. To some extent, binary options has become an “expert traders only game”, not unlike forex trading, and thus it had not quite reached its full potential in trader numbers.

The Need for Auto Trading

Then came automated trading, and things have never been the same. Automated trading systems gave apprehensive and inexperienced traders a glimmer of hope that enabled them to venture into the game. It also gave a new lease of life to experienced traders for whom the wheel of fortune had overturned and were now making loss after loss. The automated systems provide the best signals and execute trades on behalf of the trader as per their preferences and requires absolutely no input from the trader so they can go play some golf and come back only to check their wins, or losses. Of course, there are some amazing fake software and brokers out there designed to rip you off and take your hard earned money, but that’s a story for another day.

How Binary Option Robot Can Change Your Life? Check This Out!

Binary Option Auto Trading, New Comer in The Scene! Will It Stand Behind The Promises? Must Read The Review! Start Trading Better! 100% Honest!

How to Make Money with Binary Option Robot

Top Binary Option Robots in Russia

Claim your free binary option robot, get started with three easy steps:

  • Name of Robot
  • Min. Investment
  • Min. Deposit
  • Rating
  • 1. Your Binary Option Robot will analyse the market and decide, which asset (currencies, indices, commodities and stocks), is right to trade at that point in time.

    2. The Binary Option Robot Will Predict the Price Movement

    Your robot will assess a wide-range of factors, and then make a prediction on how the assets price will move, saying: Call (up) if it believes the price will rise and Put (down), if it believes the price will fall.

    3. Decide on how much you want to Invest

    Then you need to decide how much you want to invest in the commodity and when that investment will expire.

    4. Collect your Earnings

    Finally, you collect your earnings (the good part!)

    Now, to the purpose of this article, we are going to have a look at one automated trading system that has largely remained unknown. BinaryOptionAutoTrading.com is a new system and appears to be one of the most promising entrants as far as auto trading software and signals go. But is it?

    Best Binary Options Brokers: 2020 Ranking
    • Binarium
      Binarium

      Best Choice! The leader in our ranking!
      Perfect for beginners!
      Free Demo Acc + Free Trading Education!

    • Binomo
      Binomo

      Good choice for experienced traders!

    Get a binary option robot for free by clicking on the button below

    Introduction To BinaryOptionAutoTrading

    BinaryOptionAutoTrading having been set up just a few months ago, is a very new auto trading software system. It would be safe to say the developers, whoever they are, are very disadvantaged in terms of time and will have to work extra hard to get to the level of more established software. That’s if they want to. Going through their site, every indication is, they don’t want to. First, there is no information about who developed the software and his, her or its (hey, it’s a crazy world!) credentials as far as binary options go. In case that doesn’t mean anything to you, you have probably never lost money to a scam broker or robot. If this is the case, pray it remains that way because, as hundreds of traders can attest, it is not a good experience. Anyway, lack of information about who came up with the software and for what reason should start the alarm bells ringing at the back of every trader’s head. Moving on, the official site is nothing more than a badly thought out, badly put together advertisement for unclear and vague software that is most probably a scam. Below are the features you will find in the software. Don’t expect too much though.

    binary option auto trading main page

    Opening an Account

    For what it’s worth, which is not a lot, BinaryOptionAutoTrading.com has a relatively simple three step sign up process with absolutely no costs involved, well, that’s if you don’t consider the deposit as a cost. The first step involves the submitting of personal information such as name, country of residence (some countries do not allow binary options) and of course a phone number for easy access. Pretty ordinary stuff. After giving personal details and creating a password, the next step will require you to select your preferred broker among the ‘large variety’ provided by the site. Another red light here – the type of brokers found on the site are not well known and thus are potential scams. You don’t want to experiment with your money, hard earned or not. The last step is funding your account, of course that’s the deal here, and the site “recommends” you do so using a credit card. If that doesn’t sound odd to you, you should consider yourself lucky (blessed actually) for having such a good life. For the rest of us unlucky folks who have had the pleasure of coming across crooks and cons of all kinds, our danger instincts will be working overtime. If you still haven’t gotten it, most bank frauds are carried out through credit cards and the fact that the site does not list any verified account with any bank, points to them being up to no good.

    Signal Quality or Lack Thereof

    Now, the quality and reliability of the signals is a deciding factor when shopping for trading software. Every trader wants a robot that will make all the right trades for him, with little or no margin of error. That is the main reason why people choose trading robots, because they are supposed to trade better than human beings. If that was not the case, everyone would stick to personal direct trading. BinaryOptionAutoTrading.com has not provided information about the accuracy levels of their signals and it would be unfair to criticize the signals without further knowledge or trial. However, it is within all the limits of fairness to criticize the developers, whoever they may be, for being sneaky and not providing enough details to make any reasonable trader want to sign up. Unless their intentions were to rip off newbie traders in which case they are on the right track. So, all there is to the signals is the site owners statement and promise of “live and updated signals”.

    Software Review

    In what can be regarded as a commendable and somewhat surprising move, BinaryOptionAutoTrading’s software is fully web based meaning no complex downloads required. Anyone who has ever gone through the pain of downloading some software knows how it feels and you don’t even want to think of the security risks involved. So, web based software, which is no doubt the way to go, basically means your PC is safe from malware. Don’t forget to update your antivirus though! To access the site, (no signing up yet) you just require your phone – a Smartphone mark you, or tablet or PC with a working internet connection, of course. Hopefully you will remember the url address BinaryOptionAutoTrading.com which is a task in itself! How unfair life can be. Having signed up to an account for free – who hates free things? – the software is simple and clear although it is way below average compared to the common robots we have seen. Blame it on the naivety or newness of the developers or simply an utter lack of creativity which is most likely the case. But then again, it’s for free so no reasonable grounds for complaints.

    BinaryOptionAutoTrading risk level

    Site Design, quality and overall feel

    To be fair, BinaryOptionAutoTrading do have a very nice site with great design and sleek classy layout which will most certainly catch your attention. The sign-up form is the main feature on the site, accompanied by a tagline that is carefully worded for maximum promotional power. As it has always been said, the wording and phrasing of a site’s page will say a lot. If that was all we relied on, BinaryOptionAutoTrading would pass the integrity test with exemplary grades as the site is void of spelling mistakes and the grammar is on point, it’s even a joy to read through. Brilliant. A marketing strategy lecturer would be very proud and newbies will be totally smitten. But that’s as far as it goes, no trader who has been trading in binary options for even two weeks will be impressed by the site content which is, to say the least, completely lacking in substance. For one, there is next to no details on the owners or site creators, the accuracy of signals, jurisdiction or pretty much anything else. Hell, there’s not even a physical address or phone number to verify the site even exists legally. Now, are you still there waiting to be told in capital letters that there’s a 99% chance we are dealing with a scam? A very good one, you have to admit, but a scam nevertheless.

    Customer Support

    It should actually be referred to as customer service and is the single most important determinant of success in every business unit, and more so in the incredibly murky and unsure waters of binary options. Helping out and reassuring your clients goes a long way in ensuring their loyalty. In some cases, clients will stick with a business with crappy products if the customer service is great. That is the power of customer care but the BinaryOptionAutoTrading site owners clearly don’t know that. Although extra effort has been put in, the most positive we can be about it is to say, BinaryOptionAutoTrading’s customer service is, at best, below average. At a time when other sites are providing a wide range of means of contact including social media platforms and physical addresses, the site gives none of that, not even an email address. If in the unlikely event you decide to open an account and have an issue or an inquiry, you would like addressed, you can either submit it through the contact form provided or talk to a representative through the live chat feature that is so prominent and keeps popping up that it is even irritating. What’s more irritating is the long periods of time you will have to wait for replies which is more than it would have taken to come up with the solution yourself. The live chat feature is slow and unresponsive most of the time, and you will have to be connected to a customer care representative which is definitely not the way you want to spend your precious time.

    To BinaryOptionAutoTrading, there’s a lot to improve here. First, if you plan on having an international clientele, it would be best to diversify the languages available and make the site available in as many world languages as possible. Next, traders want to be able to choose from several ways to contact you– and any sensible dictionary will tell you, for free, that two is not several. Maybe try adding a support email and phone numbers, both local and international. Thanks in advance.

    Traders’ and Pundit Reviews

    Fortunately, or unfortunately, not many traders have tried out the software and consequently there are few reviews online but that’s not to say there is no feedback. As a matter of fact, some of the traders who had the misfortune of using the robot’s services have decried the poor service, similarly poor and very limited choice of brokers and the relatively low quality signals that have caused dents in many trader’s accounts after trades have gone bad. Some traders will tell you how they can’t access their funds from their broker accounts even after complying with the rules. Yet others have sad tales of how their credit cards were hacked into and money taken from their accounts by unknown people who they (rightfully?) suspected to be the owners of BinaryOptionAutoTrading or their affiliates. As a safety measure, always make sure only the first and last three numbers are visible whenever you are sending photos of your card to anyone. It greatly lowers the chances of your card being hacked. Professional traders and analysts have slightly more reserved opinions, as is common with all professionals, but the underlying theme is common: BinaryOptionAutoTrading.com has not yet proved itself to be a serious site. There is of course the benefit of the doubt, in that the software system was only recently introduced and the developers may have limited knowledge of how things work, but then again nobody will want to gamble with his money.

    How the Robot Makes Money

    You may be asking yourself how the owner(s) of the site make money if the software comes for free. Well, one of the avenues of income is the commission received from the brokers when clients sign up through the link on the site. That’s the reason why you keep being reminded to sign up with multiple brokers apparently to “increase your earnings”. Only it’s not your earnings but theirs they hope to increase. Another source of income is when traders make losing trades. Since the trader losses everything, the broker shares a certain percentage with the robot’s owners and thus a loss for the trader is a win for the broker and robot. So now you know why no robot on earth will ever be fully committed to ensuring its clients win, that would be bad for business.

    Pros and Cons of the BinaryOptionAutoTrading Robot

    As with every single thing in the world, there are both some good and bad aspects of using the robot as explained below. As a polite gesture, the pros come first.

    Pros

    1. Hassle-free trading

    With the robot, you won’t have to worry about keeping track of your signals, tracking price, or movements before trading, which all require manual input. All you need to do is sign up, make a deposit and determine the limits within which to trade and the robot will carry out the rest. That helps a lot in ensuring convenience, since your daily schedule won’t be affected in any way. Well, unless the few minutes for checking your wins/losses will have an impact. Also, there are no complex charts and indicators to learn about as the robot contains all that knowledge for you. This will surely work well with new and less experienced traders as well as expert traders wishing to increase their profit margins while reducing the inconveniences.

    1. Free Software

    The software comes for free and is 100% web based which makes it even more free as you won’t have to download it and incur storage space costs. Thus, it won’t cost anything, apart from precious time, to try out the software and if you decide to split you can do so without any regrets.

    Cons

    1. Poor customer care

    As earlier said, BinaryOptionAutoTrading’s customer service is nothing to speak of and it can be frustrating when you have an urgent question and the reply takes too long. This is definitely one of the big turn offs about the site. Add this to the fact that support is only available in English, and you get a large number of non-English speaking nationalities being locked out.

    1. Minimal information

    There is very few details about BinaryOptionAutoTrading which makes it very hard to trust them. The main site is, in itself, nothing more than a grammatically correct ad with no substance whatsoever. Who are the owners? Where are they located? What are their goals or objectives? such details are very important to traders and the fact that they are absent is suspicious, to say the least.

    1. The trader losses control of the trading process

    When you sign up with the robot, it means you have given up all control and thus won’t be able to actively participate in trading. The robot will obviously not make the kind of choices you would which increases the likelihood of you getting pissed off and breaking a few pieces of furniture. And hurting your hand in the process!

    1. Overlapping interests

    As with every trading robot out there, the owners will have to balance their own interests with those of their traders and brokers and it is never a perfect balance. The traders’ interests are always almost last which means they will be the ones left crying while the brokers and site developers laugh all the way to the bank.

    1. No way of verifying the software

    There is no way of verifying the performance of the software before signing up through third party sites, as is common in forex trading. That the available information about the software is sparse only makes it worse. Thus, traders have to sign up and deposit the minimum amount, as per the brokers requirements, to effectively test the software, placing their money in harm’s way in case the robot turns out to be a fraud. In the wake of recent events that triggered public outcry calling for regulation of the robots, one cannot trust the screenshots showing traders winning huge amounts from using the robot. Better safe than sorry.

    1. Instances of spamming

    BinaryOptionAutoTrading shares the personal details you provide when signing up with its affiliated brokers including your phone number and email which is an invasion of privacy and effectively makes you susceptible to spamming from the site itself or the brokers. And there’s a very high likelihood that you won’t appreciate receiving endless promotional emails from brokers with funny names at four in the morning.

    Conclusion

    With everything being put out in black and white, there’s nothing much left to say. While BinaryOptionAutoTrading.com has not been satisfactorily proven to be a scam, it has not come close to being proven to be legit. As the saying goes “the greatest feat of all is the fear of the unknown”. BinaryOptionAutoTrading is a risky bet as very little is known about it and the developers are not even known in the event you want to take legal action. Most importantly, there are hundreds of better robots out there which offer much higher quality and returns. It’s all a matter of making the right and most profitable choice.

    Get a binary option robot for free by clicking on the button below!

    Automated Option Trading Software Review

    Over the last couple of years, there have been some innovations in the binary options industry, these innovations aim to make trading easier and less tedious. One such innovation is auto trading software or binary option robot as they are commonly known. These binary option robots are programmed to do technical analysis, create option signals, and execute trades faster and with more accuracy than any human system, without the trader having to leave his seat or bat an eye. Unfortunately, most of the super-hyped and promising ones are outright scams only interested in making your wallet lighter. However, there are a few good and legit ones, the many scams have given auto trading software such a bad name the traders don’t know what to believe and what to stay away from, many have even sworn off trading robots completely. It is our duty to inform you, so that you will be able to make informed decisions (see what I did there?) and keep your money for longer. This review delves deeper into Option Robot and presents you all you need to know. No sugar coating. No bias.

    How Binary Option Robot Can Change Your Life? Check This Out!

    TABLE OF CONTENT

    How to Make Money with Binary Option Robot

    Top Binary Option Robots in Russia

    Claim your free binary option robot, get started with three easy steps:

    • Name of Robot
    • Min. Investment
    • Min. Deposit
    • Rating
    • 1. Your Binary Option Robot will analyse the market and decide, which asset (currencies, indices, commodities and stocks), is right to trade at that point in time.

      2. The Binary Option Robot Will Predict the Price Movement

      Your robot will assess a wide-range of factors, and then make a prediction on how the assets price will move, saying: Call (up) if it believes the price will rise and Put (down), if it believes the price will fall.

      3. Decide on how much you want to Invest

      Then you need to decide how much you want to invest in the commodity and when that investment will expire.

      4. Collect your Earnings

      Finally, you collect your earnings (the good part!)

      Get the automated option robot trading software for free by clicking on the button below and learn how you can make money while you sleep!

      Automated Option Trading Software: Option Robot

      Option Robot Auto Trading Software.

      Option Robot is recently introduced automated trading software designed and developed by expert traders with vast experience in Forex, binary options and derivatives trading. It is developed with a view to helping traders get the most out of their trading with little effort or experience necessary. Option Robot offers trading signals with winning rates as high as 83% and the best binary option brokers (such as IQ Option) in the world to choose from. It is free web based software meaning no download is necessary and it offers fully customizable features that give the trader ultimate control over what the software does. All these factors combined have increased the popularity of Option Robot making it one of the most preferred auto trading software systems in the world even above older and more established software. It is very unfortunate that US traders are not currently being accepted but the developers have given an assurance that plans are underway to include a US based broker in the near future.

      Licensing and Authorization

      As of yet, there is no regulatory or licensing body for automatic trading software which is the main reason why scams and crooks have infiltrated the market and are able to cheat traders with impunity. Option Robot is not regulated under any jurisdiction but that does not mean it is a scam, almost all of the brokers on the site are regulated, some even by two regulatory bodies such as the renown CySEC from Cyprus and the FCA from the UK. So the secret here is not to check Option Robot’s license(s) but to choose your broker carefully because after all, it is the broker who you’re going to deposit your money with.

      Like many brokers and software, Option Robot is not legally allowed to accept clients from the United States. This is because they are not registered and licensed by the Commodities Futures Trading Commission (CFTC), as this is no walk in the park it is pretty understandable.

      Features of the Option Robot System

      Option Robot, being software doesn’t have any trading platform of its own, instead using the ones used by its compatible brokers, which range from the popular SpotOption to the new and catchy TradeSmarter. Moving on, there is much more to Option Robot which attracted our attention, including:

      Assets

      While the brokers in the Option Robot system may have diverse asset indices, the robot only executes trades on currency pairs (such as EUR/GBP, EUR/USD, USD/CAD and GBP/USD). In this case the software predicts for you which of the given currencies will outperform the other at the close of the trading period. Currency pairs are a great asset type on their own but we feel the site would appeal to a wider audience if the asset index was diversified to include commodities, stocks and major world indices.

      Indicators

      There are six different indicators that are used to generate signals for trade execution. A trader can choose one, two or even all of the indicators depending on the desired signal quality. The indicators are:

      • Trend – As the name implies, this indicator analyzes the general price movement in the market. If the general trend is a downtrend which calls for a “put” option, the indicator generates a “put” signal and the same applies for a “call” signal. 1
      • RSI – Also known as the relative strength index, the RSI is basically an oscillator undulating between 0 and 100 with extreme levels at above 70 and below 30. For levels above 70, the market conditions are overbought and the price will likely go down therefore a “put” signal is generated. Levels of 30 and below indicate oversold conditions with a high likelihood of an upward movement in price thus a “call” signal is produced. The RSI indicator is very popular and widely used in forex and stock markets, it was introduced to binary options just a couple of years ago. 2
      • Williams – This indicator, invented by Larry Williams is very similar in overall design and concept to the RSI and it is easy to confuse the two. The Williams indicator is also an oscillator ranging from 0 to 100 with overbought levels at 80 and oversold levels at 20 and below. Normally, levels above 80 shows the maximum price and buyers will not continue buying at the same price and therefore the price will fall. The best option here is the “put” option. At the oversold levels, the sellers are exhausted, with the price most likely to rise, thus a “call” option. 3
      • MACD – Standing for moving averages convergence divergence, this indicator compares the similarities and differences between two or more moving averages and their past behavior to come up with a signal. High accuracy is often achieved when this indicator is used alongside the trend indicator. 4
      • Stoch – This is short for the stochastic oscillator which was invented by Dr George Lane especially for forex trading, but who said we can’t use it in binary options too? Being an oscillator, this indicator moves between 0 to 100 to determine the price momentum and velocity in relation to the same asset over a given period of time. 5
      • CCI – The commodity channel index is an oscillator varying between 100+ and -100 in determining price movements. Generally, strong trends (those above 100) will indicate a continued rise in price which will call for a “call” signal, while weak trends (those below -100) show fluctuations thus a “put” signal is produced. This is however not to say that the price can only move above 100 and below -100, what happens mostly is that price levels tend to average between 100 and -100 with the market quickly adjusting to such. 6

      The indicators produce signals from their own analysis which is then transmitted to the trading software at light speed to execute the trade. Note that this only happens in auto trading software and is the main distinguishing factor between manual and automated trading. In manual trading, the signals are sent directly to the trader through text, email or another specified medium and the trader then decides what and when to trade, sometimes the signals may be invalid by the time the trade is entered leading to a loss. So, as a trader you need to be sure of the validity and expiry time of the signal you want to use to avoid entering a trade the wrong way and thus losing your investment.

      Some of the recent signals

      Another important thing to note is that Option Robot has an excellent way of making sure the signals produced are as accurate as they can possibly be. If two (or more) indicators have been selected, they both have to give the same signal result for a signal to be generated and sent to the trading software itself. This means, if you, for instance, selected the RSI and trend indicators, for a “put” signal to be generated they will both have to indicate the same that is, “put”. The same goes for a “call” option. Otherwise for contrasting signals, no signal is generated and consequently no trade is entered into. This is a great way of ensuring the signals are of high accuracy with little margin for error, and maintain the winning rate at 83% or higher.

      Compatible Brokers

      One great thing about Option Robot is that they have a lot to offer in terms of brokers, and it is not all about quantity, all the brokers here are tried, tested and proven to be market leaders in their own way. The list of compatible brokers from which you will be able to choose includes:

      • OptionXo
      • Banc de Binary
      • StockPair
      • CherryTrade
      • Tradorax
      • Big option
      • Binary Tilt
      • Binary Book

      The list goes on and on, for the full list, visit the website. Simply put, these are some of the best and most popular brokers across the world, with brokers like Banc de Binary and OptionsXO having been in the game for close to eight years now. Sites like Tradorax and StockPair are rising as well and have gained a lot of popularity in the short time they have been around. Whatever the case, true character is reflected by the company you keep, or so they say, and here we can confidently say that Options Robot is in good company.

      Trading systems

      The genius minds behind Option Robot designed and gifted us with three bankroll management systems to give you control over your investments and the degree of risks you are exposed to. These systems, which we are going to call trading systems as per the site, are not that new and they are not presented as such. Traders with some background in Forex or stock trading may have come across these, or systems very similar.

      Classic System

      The classic system is the simplest and safest system of all, and it’s no surprise that most binary options robots use this system. Generally with this system, the amount invested in every trade is constant, whether the trade is a winning trade or a losing trade. You can’t lose or gain more than you have invested. For older, more settled traders, this is the system to choose.

      Martingale System

      This system holds the most profit potential but also has the highest risks and is mostly recommended for people with deep pockets. With this system, if your first trade was a win, the same amount is invested in the next trade and so on. If on the other hand it expired out of the money, the investment for the next trade is doubled. If that trade is also a loss, the investment is doubled again for the next trade. This goes on until profits are realized which is all a matter of luck.

      The Fibonacci System

      This is the most technical but also the most accurate system. It follows the Fibonacci number sequence where every consecutive number is derived by adding the previous two numbers. The investment amount for a trade is determined by the preceding one, if it was a win, the amount is reduced back to the original figure again. In case of a loss, the amount keeps increasing per the sequence until a hit is achieved.

      Other features

      Demo account

      Option Robot offers their traders a demo account, and they ought to. Basically, a demo account is an account identical in design and features to the other real account types and is involved in trading just like a real account. However, with a demo account, you are not required to deposit any real money and thus you are exposed to zero risks. Because of this demo accounts are well liked especially by new traders and, also to a large extent, traders who want to try a new trading platform or software like Option Robot. The presence of a demo account here and all the learning opportunities it presents, undoubtedly appeals to traders from all divides.

      It is however not as free as it may appear. The fact is, and Option Robot don’t want you knowing this as it will be bad for business, you can only get access to the demo account if you have opened an account with Option Robot and one of their several affiliated brokers. A dark lining to a seemingly bright idea. Nevertheless, signing up is free and you don’t have to make any deposit to get access so that should not stop you if you want to try out the software.

      Customer Care

      Disappointingly, there are limited ways to contact and get assistance from customer care. Email inquiries can be sent to [email protected] and a customer care agent will look into your inquiry or complaint and get back to you ‘shortly’. You know very well what that usually means. The other way is to fill the contact form to be found on the site and include your contact details to enable support to get in touch. And that’s all. Well, except that you are advised to first check the FAQ section for the answers before sending the email or completing the form, this is due to the “large number” of emails they receive per day which may force you to wait some time to get a reply. Hearing this, you can’t help but think if only there were other means to get in touch like a phone number or live chat the number of email would drop.

      Educational materials, or lack thereof

      Being for the most part a signal provider and trading system, it would be unfair to burden Option Robot with the responsibility of promoting education to their clients. This is the duty of the brokers, no doubt. However, Option Robot is a new robot and not much is known about its trading process and how to get the best out of it. We expected to find several videos, eBooks and tutorials with more information on auto trading in general and the operations of Option Robot in particular, but we got very little of that. Apart from a semi active blog and the mandatory FAQ section, Option Robot have close to nothing to offer you in terms of education, you are far better Googling information on your own.

      Pros and cons of using the Option Robot software

      The following are the reasons or features that make Option Robot great software you should try:

      1. Well designed website

      One of the ways to know a real and professional broker, especially in the murky waters of binary options, is by having a look at their website. Looking through Option Robot’s site, everything appears nice and well placed. For one there are no (stolen) photos showing moneyed individuals or anything to that effect, which is probably for the best. We all know that most of these pictures are stock images of random people or photoshopped celebrity images picked from some gossip e-mag. Everything on Option Robot’s site is put forward in a clear manner and all the tabs are such that you won’t spend extra effort getting to what you want. There it not a lot of information but at least Option Robot made the effort and took the time to make their site client friendly and decent, and in all honesty effort is always rewarded.

      1. No false promises

      If you look through most of the binary options brokerage sites available, you will note one common feature on a large number of them – promises of making lots of cash per day, going as high as $1500 per day. Clearly, that’s ridiculous. As a matter of fact, if that was true we would see an influx of people to binary options and even have one or several legit millionaires who made their millions through trading. The fact that none of that has happened yet shows that all those promises don’t hold any water, and judging by their simple promotional approach Option Robot knows this. The site is admirably short on promises, which we know are false anyway, and instead focuses on how the trader can utilize the system for the best results.

      1. Details about the software

      Option Robot, different from most of the current trading robot sites, has quite significant information on how to customize the system and the various customizing options available like the trading system and indicators. Add that to the blog and FAQ section and you are sure not to miss out on any information you will need. This shows that the developers actually want you to benefit from the software and have made efforts to ensure that.

      1. Free software

      Option Robot trading software is free and completely web based, you only need a working internet connection to access, register or keep track of your trades. There are no known monthly or annual fees for using the software which needs no download and can be accessed through any phone or PC with internet. This is great news for us who would not pay a penny for software we know next to nothing about. The big let down here is that the system cannot be accessed offline as is the case with the latest software like Binary Option Robot.

      1. The best brokers

      Be assured that the brokers you will find on Option Robot, as mentioned elsewhere in this review, are top notch and the most used across all auto trading software. When trying to determine if a trading robot is reputable, we look at the caliber of the brokers they offer and we can truly say that Option Robot has passed this test.

      The following facts about Option Robot will make you a little more cautious or may even put you off altogether, it’s your call really.

      1. Track Record not yet proven

      As much as we are intrigued by the amazing features and awesome signals, the bottom line is that Option Robot is relatively new to the market. The claims remain largely unsubstantiated which makes Option Robot rank a bit lower in our preference list, giving way to older and more proven trading software. However, looking at it from another angle, this is as much a blessing as it is a curse. For one, the lack of a proven, or unproven record raises curiosity and makes more people want to try it out, which is free anyway. Either way, a track record is important as not everyone will gamble with their money.

      1. Only one type of asset

      Perhaps the single most disappointing thing about Option Robot, with all its pros, is the fact that it trades only in currency pairs. This is surely going to turn away the majority of traders who prefer other types of assets like commodities, indices and stocks. We agree and commend the team behind Option Robot for specializing in a niche but this is not the area to try it for a new and growing firm. It has been proven time and time again that, all other factors observed, traders will most likely use the asset index of a broker or auto trading site as a basis for differentiation. Furthermore, international traders would be more interested if their local indices or stocks are available.

      1. Only new accounts are allowed

      In what is a very bad business move, to sign up with Option Broker you will need to open a new account. That is, after signing up on the software, you will be required to select your preferred broker and open a completely new account to start trading. This means in simple language that if you have an account with one of the listed brokers, it will not work with the software as it will only accept broker accounts opened through its portal. On the flip side, new or experimenting traders will be fine with this. We can’t judge them, as it’s all a matter of personal preference but we speak for the majority.

      1. No information on developers

      Whether due to ignorance or omission, we just can’t quite understand why there is no information whatsoever given on the parent company or developers of Option Robot at the bottom of the page as is usually the case. This is sure to raise some eyebrows especially with the hawk-eyed and curious traders who have predilections for the nitty gritty. For starters, there are some questions that arise here. What do the developers have to hide? Most importantly who are the developers and what are their intentions? For now, those questions and many others remain unanswered, for how long only time will tell.

      Opening an Account and Getting Started

      If after reading all that and weighing the pros and cons you decide to sign up with Option Robot, the process is as simple as just giving a few personal details – name, address (both physical and email) and that’s it. As a requirement, you must select the broker you want your trades to be linked to. You will be redirected to the broker’s sign up page where you will complete the registration and make the initial deposit, the minimum of which depends on the particular broker. However, as a guide, all the brokers will require a minimum of at least $250. These deposits can be made through bank wire transfer, credit or debit cards, or using various other available online payment systems like Skrill and MoneyBookers. For bank wire transfer, you are advised to check with your bank on the charges beforehand to avoid any misunderstandings.

      After setup, to start the auto trading process, click on the ‘Auto Trade’ tab and the software will know what to do next. For a better experience, customize your trading options by going to ‘Settings’ and follow the prompts to select, change or remove indicators, set your investment amount per trade or select the trading system you want the system to follow when executing trades for you. With this, you are all set to go. Correction: the robot is all set to go for you! You can rest comfortably and check in after some time to collect your earnings.

      It is rare to see software with this kind of freedom in customization and you have to give props to the (presently) anonymous brains behind Option Robot for the idea. For the traders, they will surely love the fact they have control over the software and not the other way around, as is the case with most of the backstreet and substandard robots in the market.

      Possible setting for each option robot broker.

      Reviewing Automated Trading Software

      Everyone loves little extra and the love multiplies when it comes to making extra money. The financial instrument trading provides a great opportunity to make that extra money and with the advent of Automated Trading Software, you can make that little extra even with little efforts. Currently, there are several automated trading software available which caters to a variety of assets trading including stocks, currencies, and the binaries.

      In laymen’s terms, the automated software is nothing but a software algorithm that is able to trade on behalf of you with given set of settings. The automated software needs to be connected with the trading exchange or a trading platform to execute the trades. The right platform with an automated software executes trades on behalf of you which include identifying the underlying with a high probability of winning, placing an order, and closing the trade.

      This automated trading software allows you to set specific rules and from thereon, they execute the trades according to the set parameters. The trading happens in a real-time and is often quicker than the manual trading, allowing you to have higher winning percentages. The designated software can be used for a variety of assets including stocks, indices, currency pairs, and commodities.

      What To Look From an Automated Trading Software?

      While signing up for an Automated Trading Software, you should look out for certain things and conduct a thorough research before you commit yourself with real money. Almost all the Automated Trading Software are available through the web browser and it does not require you to download the software.The Automated Trading Software should be compatible with your preferred broking partner otherwise; it will not make sense.

      The professionally developed software are designed to give you ease of access and ease of trading to cater to beginners as well as the seasoned professionals. The software should be able to provide complete transaction control and it should operate on the specified parameters. The most important aspect of the research on the Automated Trading Software, is to go through online reviews and blogs related to binary trading which provides unbiased opinions on various software and brokers.

      As the trading is carried out for making a revenue stream, you should look out for any hidden cost associated with the Automated Trading Software, its winning ratio, and its association with the well-regulated brokerage house. In order to support you in your research on various Automated Software, our website can be a very useful resource as we conduct reviews of brokers and software on regular basis as well as update them frequently with the latest update to provide you up to date information.

      Spend sufficient time to research the most suitable Automated Software which best fits your requirements. Following table provides you a bird’s eye view on five Automated Trading Software which are topping the charts.

      Automated Trading Software Review Table

      Option Robot Automated Software

      CLICK TO ENLARGE IMAGE

      The Automated Binary

      CLICK TO ENLARGE IMAGE

      The Real Robot

      CLICK TO ENLARGE IMAGE

      Benefits of Using The Automated Binary Software

      Investment in the Automated Trading Software offers several distinct advantages over a manual trading. It not only shortens your learning curve; it also helps you to use the expertise of the professional traders to your benefits. The Automated Trading Software provides you to spend less time on trading and more time with your loved ones. The following text enlists some of the key benefits of the Automated Trading Software in the binary trading.

      • Allows you to automate your trading: The most prominent advantage of the automated trading software is that it literally allows you to earn profits while you vacationing with family. It is a well-known fact that trading can be a profitable business, but our busy lifestyle doesn’t give enough time to learn, evaluate and executes the trades. Trading requires an up to date information regarding the market, the underlying, and other factors to make it a profitable business. Even though the trading is considered as a profitable business venture, the shortage of time makes it even difficult to try.

      With 5-minute settings on the automated software, helps you make trading as a revenue generating stream even without spending too much time on it. This is one of the prime advantages of using the automated trading software.

      • Make profit from the beginning: Newcomers are required to spend considerable time and energy into learning the technical and fundamental analysis in order to be a successful trader. The process of learning these aspects can take several years to master and this makes it even more difficult for the beginners to taste the profits. By investing in the Automated Trading Software, you can avoid this long and painful process. The automated trading software allows you to utilize the expertise of the seasoned professionals to your own advantage and make winning a habit right from the beginning.
      • Emotion free trading: The trading requires lots of perseverance and practice to excel, however, the traders get carried away by hunches and own feelings. Traders tend to develop a strong feeling about a particular underlying if they have made profits on few trades in that specific underlying. This makes them trade that particular underlying again and again until they finally get trapped and make huge losses. So, a successful trader can only become successful if he is able to remove emotions from his trading.

      The automated trading software once set, completely removes the emotion part out of the trading and consistently executes trades on several underlying. This way it helps to keep a safe distance with the emotions while trading.

      • Can trade without tiring: Trading is very exhaustive and also can be very tiring after a certain period. The binary options trading also takes a considerable amount of time of the trader, creating a work-life imbalance. The trading software also helps in this scenario, as it is inhuman to all-day trading and can provide you with a spare time to spend on your favorite activity. The robot doesn’t get fatigued from long working hours, and hence able to trade for long hours.
      • Able to track several assets at once: The trader trading for one hour a day will lose several opportunities presented in the remaining 23 hours. An automated trading software working on behalf of you will be able to track several opportunities at once and will be able to make rational decision to place trades on the probable winning opportunities all day long.

      Overall, the automated trading software takes the rules from the human brains and translate them in the algorithm which can consistently perform on a set of parameters without tiring and without carried away by the emotions. The automated trading software makes the life of a trader easier and more enjoyable.

      Trading Experience

      After completing the registration and set up process, it will be time to enter your first trade, with the help of the robot, of course. Being fully automated trading software, Option Robot receives the signals from the indicators and immediately uses them to enter a trade without any signal being sent to you. That is the reason they are called auto trading systems or robots.The minimum investment per single trade is set at $5 to make it easy

      Conclusion

      In all honesty, despite a few hiccups here and there, you can’t argue with the fact that Option Robot is one of the best binary options robots in the market today, and it has the potential to do even better.

      Get the automated option robot trading software for free by clicking on the button below and learn how you can make money while you sleep!

      Binary Option Auto Trading Review Legit or Scam?

      2020 В© BinaryOptionAutoTrading

      This site and the products and services offered on this site are not associated, affiliated, endorsed, or sponsored by Google, ClickBetter, eBay, Amazon, Yahoo or Bing nor have they been reviewed tested or certified by Google, ClickBetter, Yahoo, eBay, Amazon, or Bing. Binary Option Auto Trading does not guarantee income or success, and examples shown in this presentation do not represent an indication of future success or earnings. The company declares the information shared is true and accurate.

      Best Binary Options Brokers: 2020 Ranking
      • Binarium
        Binarium

        Best Choice! The leader in our ranking!
        Perfect for beginners!
        Free Demo Acc + Free Trading Education!

      • Binomo
        Binomo

        Good choice for experienced traders!

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