Binary Speedbot Review

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Binary Speedbot Review

Binary speedbot is a worldwide binary options trading robot. This robot provide signals for currencies, commodities and indexes. There signals are based on high-end indicators, meticulous technical analysis and strategies that have been proven to work for the most profitable traders in the market.

Today I will be taking a look at this new robot and providing a review the details the ins and outs of this new product.

Binary Speedbot Review

This is the first time I’ve heard of the binary speedbot but there seems to be quite a few websites online dedicated to promoting the system to different languages. The developers claim that they deliver signals manually according to each traders portfolio to limit the possibility of risk. They tell us that they are well known for their accuracy, honesty and user-friendly auto trading. In my experiences, auto trading in the binary options market has been very difficult. While the systems always promise to trade well I’ve blown more accounts that I could imagine so I’m kind of scared of automated solutions in binary options. In Forex I’m actually doing quite well using a system called Forex fury but that’s a story for another time.

The binary speedbot is built to locate the changes in market profiles at the peak of every trading session. Combining this with the Mac the indicator the developers feel this is the perfect strategy to provide great opportunities. They are currently offering the software for free if you sign up with one of the recommended brokers and make a deposit. We have seen this strategy used many times in the past and I haven’t like the results. We can see 6 different portfolios at the bottom of this page, 3 low risk trading results and 3 high risk trading results. The winning rates shift anywhere from 60% to 87% but none of them can be verified.

At this point in time I am left wanting more information about the binary speedbot before I can make a final conclusion. I have sent a couple emails to the developers hoping to get more information on their system and I will continue doing research by scouring the Internet for user reviews. If you can help contribute to user review please leave your comments and questions below the article now. I would love to hear your experience with the system and whether or not you would recommend it to the binary today readers.

Binary Speedbot Review

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Financial SmartBot

Overview

Financial SmartBot is also known as Binary SpeedBot.
Is it a Scam or a Robot with High Accuracy & Return Rate?
Read All About the Automated Trading & Forex Robots!
100% Detailed Review By Experts – All Exposed Below!

Details

Broker Financial SmartBot
Official Website URL www.financialsmartbot.com
Support Types Live Chat, E-mail
Payout 87%
Free Demo Account Open FREE Demo NOW
Deposit & Withdrawal Methods VISA, Mater Card, Maestro, OK Pay, Neteller
Number of Assets 50+
Overall Score 7.3/10

Full Review

Financial SmartBot, also known as Binary Speedbot, is a Forex robot that facilitates online trading and makes it accessible for everyone, even for those of you with little or no financial background. The robot’s algorithm is based on a special trading system with proven results and was developed by some of the best Forex and CFDs trading experts.

The founders of the system promise high success rate and the most exciting part is that in automatic mode traders do not need to look after the robot once they set it to work. It is a robust and reliable software with virtually no downtime and it is a very good solutions for people who want to make money on the financial markets but are busy or simply do not have the necessary knowledge and trading experience.

How Does Financial SmartBot Work?

The technology behind Financial SmartBot is pretty complicated but we will try to give you a high level overview of how it works. First of all, you need to know that the algorithm of this Forex robot is evolving constantly, as it reflects the volatile nature of the financial markets. Binary Speedbot is a result of the mutual efforts of developers and seasoned traders, and is built to analyze every change on each of the major marketplaces – New York, Tokyo and London.

The trading software combines this data with the Moving Average Convergence Divergence Indicator (MACD) and after series of complex calculations decides which is the most probable direction of the price. It follows the trend for all major underlying assets and actively learns how to maximize profits and minimize risk. Depending on your preference, you can choose to receive Forex signals directly on your trading platform, or activate the automatic trading mode and allow Financial SmartBot to trade on your behalf.

How to Start?

In order to benefit from the Forex robot you need to first open a trading account with a broker called OptionWeb. It is not possible to use Financial Smart Bot if you already have registered an account with the broker. Instead, you must visit the robot’s website and click the Try Binary SpeedBot button.

Just follow the instructions and in 4-5 minutes you will be an owner of both a Binary SpeedBot and an OptionWeb account. The two accounts are linked and it is very easy to start trading Forex by logging into the Trading Station on Financial SmartBot‘s website. Once in, you have two options – to trade manually by selecting an asset and the direction you think its price will go, or to trade using the automatic solution by FinancialSmartBot. To do the latter, go to Parameters and activate Automatic Trading.

Then, set the maximum investment amount and wait for the robot to reach the daily profit goal.

Financial SmartBot Minimum Investment

The minimum required deposit by the OptionWeb Forex broker is €200, but if you want to get the most out the Binary SpeedBot system it is suggested that you start with at least €250. There shouldn’t be any difficulties depositing or withdrawing funds from your OptionWeb trading account, because this is a regulated broker, owning a license #175/12, issued by CySEC.

Expected Return

The estimated results from the Binary SpeedBot are really lucrative and the owners of the system report a 2-months return rate of 482%, which means that 8 of every 11 trades are successful. Of course, you are allowed to evaluate the robot for free and decide whether it is worth your money or not. If you are satisfied with the results, you can continue using the robot for a small monthly fee. Keep in mind that results may vary with each trader and that the robot does not guarantee an expected return, it only estimates the best possible scenario.

Financial SmartBot Pros & Cons

  • You don’t need any financial knowledge in order to start trading Forex.
  • Free trial period without any obligations
  • You can keep all the profits you make during evaluation period of the service
  • You can continue to receive free signals even after the end of the 90-day evaluation period
  • The monthly subscription fee is higher if compared to the similar Forex robots
  • On some occasions traders can start receiving the Forex signals one day after they have activated the service

Bottom Line

Our team of highly experienced Forex traders did a thorough research of the Financial SmartBot trading solution and concluded that this Forex robot is completely reliable. The results showed by the system in all three major areas – speed, accuracy and return rate – were pleasing.

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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