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Most Profitable Auto Trading Robots in South Africa
Since it first came out in 2008, binary options trading keeps attracting traders from all over the world and South African traders are part of that.
Yet, with the rapid advent of technology new way of binary options trading has emerged in the form of auto trading robots which are hailed as a great solution for traders who are just starting to trade binary options.
However, there are numerous benefits when it comes to this manner of trading and we will try to point it in this article.
Auto Trading as a Time Saving Solution
Automated trading offers various benefits to those who opt to trade binary options in such way. Considering human obsession with time, it is hardly surprising that the fact this way of trading not only generates profit but saves time as well presents a very appealing package for traders.
By utilizing the so called trading robots to place trades instead of traders provides the perfect solution when it comes to leading a normal, active life and also being active on the market.
Looking at it from this aspect, most profitable auto trading robots save time in more than one way.
Firstly, the software places trades on behalf of the trader and additionally, due to advanced, sophisticated algorithm which this software uses, traders can also forgo trying to learn and grasp financial analysis which is otherwise necessary.
Therefore, opting to select one of the popular auto trading robots on South African Market, traders save considerable time which they are now free to spend doing something else.
Profitable Binary Auto Trading
As appealing as time saving is for interested South African traders, it will not amount to much if all that is not followed by generating healthy profits.
Because of that, we have decided to take a closer look at most profitable auto trading robots in South Africa. Because, time saving aspect has to be paired with higher profit-making rate then would be achieved if traders traded manually.
Comparing Binary Robots in South Africa
Several ways are open when it comes to contrasting and comparing binary options robots and determining which are the most profitable ones in South Africa.
In this article, we shall do precisely that by applying a defined set of criteria which will present traders with an accurate picture of all the automated software we shall discuss.
Perfect for beginners!
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Auto Trading Robots Profitability Criteria
Naturally, when looking at most profitable auto trading robots in South Africa the criteria of profitability is the first one to look at. However, the story is not as clear cut as would be expected.
And the reason for that lies in the simple fact that all traders using auto trading robots have their own settings which they change and adjust according to liking and preference which makes it hard to assess the profitability.
That, in turn, points to a very simple fact – traders get varying results when it comes to profit despite using the same set of signals provided for a specific period.
Another important point is the possibility to verify data which will give traders accurate info. Since we only want to provide accurate info to our South African readers, and simply putting out statistics is just not something we are willing to do, we have made sure to properly inspect all robots we shall discus in this article.
Accordingly, we shall present the obtained results in a clear, simple and transparent way so that interested South Africans have at their disposal data which they can later use when selecting a one (or more) of the most profitable auto trading robots.
Also, it is important to keep in mind that taking a step back from the default settings changes the results and the way the trader has adjusted settings is different from one trader to the next.
The Most Popular Auto Trading Robots on South African Market
As is our goal with this article, we shall present the most popular and the most profitable auto trading robots in South Africa which will also be backed up by the criteria put forward.
These are the most popular and most profitable robots which South African traders use:
- Binary Options Robot
- Fintech Limited
- Qbits MegaProfit System
- IQ Option Robot
Binary Options Robot Software
Firmly placed at the top of the list, Binary Options Robot is by far the most profitable automated trading system not just in South Africa but worldwide. By using this robot, traders actually get a software which uses signals that have been calculated via algorithms.
These algorithms are based on mathematical and financial data. This makes Binary Options Robot perfect solution for all those new traders who are only venturing into binary options trading and feel uncertain about what to do.
Since this trading solution uses data obtained via price indicators and technical patters to generate signals with great accuracy which escapes the ability of an average trader, it is a sound choice not just for newbies but experienced traders too.
Binary Options Robot is integrated only with trustworthy brokers such as Banc de Binary which have a long-standing reputation on the South African and global markets. This also means that traders have over 50 assets to trade with as well.
This solution is 100% free and web based, there is no need for any download and traders also have the opportunity to activate the VIP membership, which can be seen as an added value which, when used has the potential to further boost the potential for profit-making.
Another point in favour of this amazing blend of technology and financial data comes via prize awarded in 2020 for best binary robot with which it is possible to have 91% return rate.
These two auto trading solutions are also a good choice for South African traders.
Fintech is owned by trading professionals and uses mathematical algorithms to place traders on behalf of traders. The software is free and connected with liable brokers like StockPair and Banc de Binary.
It offers traders various features and is suitable for both new and seasoned traders. It is possible to earn as much as $900 in span of an hour with this software.
Qbits MegaProfit System
On the other hand, quantum signal technology is the basis of Qbits MegaProfit System. It provides South African traders with useful features which can bring about returns of up to 97,5%.
IQ Option Robot
IQ Option Robot or IQ Robots, is also a fine choice for South African traders interested in automated trading as this software offers the possibility for traders to put together personalized robot.
The offer a Wizard option for new traders or Constructor option for advanced once. Payouts with this robot go up to 85%.
Binary options trading has changed the world of financial trading forever as they managed to create a more democratic trading environment. But, just because something is easily accessible, doesn’t mean that it is easy to comprehend or to succeed.
Many traders are surprised how binary options are more than simple up and down and need some assistance. That is where binary trading software jumps in. One of the most popular binary software is BinaryRobot – a product based on algorithms that deliver trades with great profit potential.
BinaryRobot review will help readers understand what this binary trading software is all about, what perks and benefits are waiting for you and how to use it.
BinaryRobot Software Explained
As already mentioned BinaryRobot is based on algorithms. That means that this software simply uses mathematical analysis to find potentially profitable trades at every moment of every day. Traders no longer have to rely on educational materials and their own analysis to select such trades, but can simply activate the BinaryRobot.
One of the main benefits of BinaryRobot is that it is far more precise and faster than any human specialist can be, not to mention an average trader. The algorithms never get tired or nervous, and thanks to their analytical nature, all trades are delivered objectively, without any sentiment.
This advanced and very sophisticated algorithm is unique on the market.
BinaryRobot Registration in 3 Easy Steps
The registration process is sometimes considered to be very intimidating, as most traders have bad experiences from the past. However, BinaryRobot registration is fairly easy and completely FREE. All BinaryRobot services will remain free, which means that you never have to pay any additional fees, charges or costs whatsoever.
In order to register with BinaryRobot, just follow these simple steps.
- Go to BinaryRobot website via links provided in this review
- Fill out the registration form
- Use your data to log in and access the trading dashboard
Yes, it is that easy. Once you get access to the dashboard you get a ticket to binary trading. The steps that follow will help you place your first trade.
BinaryRobot – Select the Best Binary Broker for You
As we found out in BinaryRobot review, it is impossible to place a trade without a binary broker. Luckily, BinaryRobot has a great set of brokers, and every trader will be happy to check out their list. After the first login, you will be offered a broker that is the best for your country. This reduces the time necessary to research all the brokers available on the market. Also, this guarantees that the broker is compatible with the BinaryRobot technology.
The minimum deposit with most brokers is $250. This money will be used for trades and trading only, as BinaryRobot never charges any fees or commissions! Keep in mind that the deposit and withdrawal are handled by the broker and never by BinaryRobot.
The BinaryRobot review proved that this service is only a platform where trades are delivered, and doesn’t process any transactions whatsoever. Still, safety encryptions and standards make sure that the money is safe, and your private data remains like that.
What are BinaryRobot Features?
Traders now more than ever prefer binary trading software that supports customized trading. BinaryRobot review showed that this software has several nifty features that traders can use for more personalized trading experience. All these settings change the way the trading algorithm delivers trades.
All traders get access to the asset list. BinaryRobot has an impressive selection of assets of all kinds, but traders don’t need to trade all of them. They can simply turn on and off certain assets in order to get trades only for the assets they prefer. You think oil, EURUSD, and Apple are the perfect combination for you? Go ahead, and turn all the other assets off!
BinaryReview showed that in order for the trader t5o start receiving trades trading button has to be turned on. This can be done with a simple click of a mouse. When you are no longer in the mood for trading or need a break, simply turn the trading off so the trades don’t bother you.
You can also improve the trades delivered by customizing other aspects of trading. Make sure to understand that as you decrease the settings, the number of trades delivered will be decreased as well. Give your algorithm some time to breathe and enjoy trading in a new way.
Is there a BinaryRobot Customer Support?
In BinaryRobot review we found out how there is a customer support waiting for all traders who need some help or assistance. Customer support is very professional and shows great knowledge about the product. In case you have any inquiries about different features or settings, make sure the contact them in a way you find to be the most comfortable.
BinaryRobot review has to conclude how this binary trading software delivers an interesting trading experience that is highly customizable thanks to different settings, features, and elements available on the trading dashboard. The selection of binary brokers makes sure that every trader finds something they like. Also, the fact that every trader is immediately offered with a binary broker that is suitable for their geolocation shows that BinaryRobot does everything to reduce the amount of stress the trader is exposed to.
One of the best characteristics of BinaryRobot is the fact that it is completely free. This means that traders can spend all their money on trading without being forced to pay fees and commissions for trades handling or connecting with a broker. Such approach is especially beneficial for traders who are just starting or for those who have fewer funds available for trading.
Security protocols and customer support make sure that users get everything they need in terms of data safety and additional explanations that can make or break the deal. BinaryRobot review showed how this advanced algorithm is something traders should definitely take into consideration as there are no so many interesting products like this on the market.
Top Binary Options, Forex and Crypto Auto Trading Robots
Auto trading robots are famous for being the best and easiest way to trade. They have become the perfect solution for complete beginners. Through their sophisticated algorithms, they scan any market movement for you and deliver your trades directly. This means fast and immediate results, with no special training needed.
Check out our list below of the top auto trading robots for South African investors. The best part is that all of them are completely free and require absolutely no downloads or installations.
- Free Signals
- Trade Now
- Robot Review
Usually, traders in South Africa review binary, forex or cryptocurrency strategies and place trades themselves according to market news. In this way, they try and assess any market changes or fluctuations and act accordingly.
Nowadays, thanks to the development of technology, South African traders no longer have to do the research themselves, but can use binary, forex or cryptocurrency auto trading robots.
What are Auto Trading Robots?
Auto trading robots are basically automated software that automatically places trades on the user’s behalf. This, of course, requires South African traders to set up their preferences that auto trading robots will later use when trading with numerous underlying assets.
With auto trading, traders can participate in the financial market with only a minimum investment and achieve success. It’s no wonder why auto trading has grown so popular among investors worldwide, as well as traders in South Africa.
How Do Auto Trading Robots Work?
Auto trading robots are divided into three categories:
- Binary Options Robots
- Forex Robots
- Cryptocurrency Robots
Of course, software exists (like the ones above) that combines forex and cryptocurrency, for example, into one auto trading robot.
For new traders, auto trading software like binary robots can present a valuable and useful tool which makes trading direct and easy. All you need to do is:
- Set your preferred amount to invest in
- Choose the number of trades each day, trade options and time limit
- Choose whether to accept or decline a signal
How do these programs really work though?
Basically, automated software analyzes price movement and gives indications, known as signals, of whether pairs of instruments will move up or down in the market. They are highly advanced and result-oriented trading robots that are available for worldwide binary options, forex and cryptocurrency traders.
Let’s take binary option robots for example.
Note: We will be using binary option robots as examples to illustrate how auto trading works. The same applies for forex and cryptocurrency robots.
Binary Robots are automatically set to follow current market trends and see if there are any changes regarding trading assets. These robots use financial graphs and other financial tools and market analysis in order to be as precise as possible when making trades.
Binary options auto trading in South Africa has many advantages and one of the main reasons for its massive popularity is the fact that there is no human factor, since it is all done automatically by the machine.
The most significant fact with auto trading robots is the fact that they use binary signals when placing trades.
What are binary signals and how do they work?
Binary signals are alerts, received from experienced traders with years spent in the binary options industry. When received, these signals are sent to automatic software which then places trades in specific underlying assets. The importance of binary signals lies in the fact that they all work in real time, so the robot can use them effectively.
This is where auto trading comes into the picture with great possibility to achieve all of the above. Binary options trading itself isn’t difficult, but the truth is it does require a certain degree of financial knowledge.
Below you can find detailed information about features of the most popular binary robots in the industry.
Does Auto Trading Software Really Make You Profit?
It is important to note here that all trading entails some risk and no promises of profit can really be made. Your best bet is with the best automated software out there – which in our opinion is FX-Advisor. They offer YOU the choice of broker and provide world-class automated signals. Trading has never been easier.
Is Binary Auto Trading Less Risky Than Trading on My Own?
With auto trading solutions, the risk level is instantly minimized because the software is more efficient in price movement predictions and following current market trends. It becomes possible to trade with a variety of underlying assets, from stocks and currencies, to commodities and indices.
Are South African Binary Robots a Time Saver?
Binary robots are a huge time saver. For South African traders who want to participate in the financial market but cannot find the time to keep checking the movement of all assets, these automated systems are the perfect solution. In fact, among several advanced techniques for binary options trading, automated software is considered to be the most convenient and easy to use solution.
What Trading Features Should I Use with Binary Robots?
Before trading with any auto trading robot, make sure to set your own limits:
- Adjust the risk level
- Set the amount you are not willing to cross in losses
This is a very important step, because if you start trading with the default settings and for some reason the robot’s predictions are wrong, you could lose a lot of money.
Do Binary Robots Connect Me to the Best Binary Options Brokers?
The way automated trading robots work is that they connect you to brokers you can use their software through. Are these brokers really the best choice though?
Many binary robots automatically connect you to a single broker they are working with and give you no choice in the matter, when in reality you should be able to choose which broker you prefer to use the software with.
Check out our list on the top of the page of the most reliable auto trading software for users in South Africa.
Our top choice is always FX-Advisor, which gives you the choice to trade with the broker you prefer. They have many brokers available for users in South Africa, so the choice is ultimately up to you.
Either way, we took the time to find the best auto trading robots out there to make this list for you, so whichever you prefer, we confidently stand behind.
Perfect for beginners!
Free Demo Acc + Free Trading Education!
Good choice for experienced traders!