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Binary Option Robot
In today’s article, our professional trader Michael Allen will teach you how to spot binary options trading scams. You will also get systematic instructions, which will allow you to trade effortlessly with the best binary option brokers (such as IQ Option) and automated binary option robot. If your goals are any of the following, then please keep reading, as this is the right article for you.
How Binary Option Robot Can Change Your Life? Look This Video!
TABLE OF CONTENT
How to Make Money with Binary Option Robot
Instructional Video – Binary Option Robot
Best Robots Signal Services
Option Robot Review
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Option Robot – Scam Investigation
Hello, my name is Michael Allen. I have been a professional stock trader for over 20 years now. I have seen a number of economic ups and downs, both personally and professionally. In most of the worst cases I have seen, the main reason was because of lack of experience or poor timing. Sometimes the losses are just attributable to bad luck and stats. However, the saddest thing is that many of these losses could have been easily avoided.
In this article, I will teach you how to discern a good, effective binary options robots from robots whose only purpose is to take an investor’s money. In addition, I will give you my personal recommendation, if you want to invest with automated trading software.
Binary Options Robot Scams?
Nowadays there are several automated binary options robots available on the market, but despite the fact that the of the vast majority of them are honest: you will still find the occasional bad apple, whose sole purpose is to take your money.
The Best Binary Options Broker 2020!
Good for Beginners!
Free Education + Free Demo Account!
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If you are new to Binary Option Robots, then I would recommend reading our home page first, where I tell you in more detail about how traders can benefit from using trading software.
The great thing about Binary Option Robots, is that they can make profit in situations in which human beings are not quick enough to take advantage. If you are trading with binary options already, then you will already know that there is almost no situation where a Binary Option Robot doesn’t help you in some way: making you more efficient and helping to maximise your profits.
However, it is vital that you choose the right robot, otherwise you risk not making as much money as you should! I will also take you through the things to watch out for, which will allow you to recognise whether a Binary Options Robot is legitimate or fraudulent.
Here are the warning signs, which will help you to spot Binary Options Robot scams!
No Scam Option Robots Video
Are Binary Robots a Scam? (How to Spot a Scam Binary Option Robot?)
- Poor Website Design. This is my number one red flag. Scammers do not bother to spend time or money to make decent web pages. Usually, they see an opportunity to make fast money and immediately take full advantage of it. I recommend paying close attention to potential image manipulations: some unnamed scammers are using photoshopped celebrity images on their webpages. While some websites are so amateurishly made that everyone can easily see that they are untrustworthy. On the other hand, if the website is as stylish as websites of large companies, it is very likely that it was made with honest goals in mind. With Binary Options Robots, it always pays to judge a book by its cover.
- No Information About The Binary Option Robot’s Features. If you cannot find any information about the binary option robot’s features, then it is very likely that the features are very bad, or the binary option robot is extremely simple. Every honest piece of binary options software has a very wide range of ways to customize its functions according to your desired parameters.
- No Previous Trading History. If you cannot find any information about past trades or data from previous years , this is a huge red flag. If the binary option robot were actually able to make a profit, why would the developers hide its results? This just does not make sense. Many robots promise high profits for their users, but when they try to locate where these profits come from, it is almost impossible to discover. The best binary options robots – such as the option robot – keep their trading history clearly visible on their website.
- No Contact Information or Possibility to Contact Customer Support. Fraudsters do not have any interest in helping when problematic situations occur, so it is likely that they do not even bother to put contact information on the website. Even if there is any, they are most likely fake. However, if you find contact information and you get answers to your questions, there is a good chance that the robot is trustworthy.
- The Binary Option Robot, costs Hundreds or Even Thousands of Dollars. There are many excellent free binary option robots available on the market, so there is no reason to pay large sums money for binary trading software. For example, my personal favorite – the option robot – is currently available for free. It is without a doubt the best binary robot, so there is no reason to pay for software of inferior quality.
- Clearly Exaggerated Results and Promises. If an option robot promises an income of more than $1,000 per day for a new user, it is very likely that it is a scam. None of the fully automated binary option robots is able to guarantee such results at the moment, and I doubt that it will be possible in the future. The best results that you can realistically expect are a few thousand dollars of monthly income. Even such results do not occur instantly: you need to experiment, fine-tune and be patient. Investing always involves the risk of losing, so if someone promises you something that is too good to be true, then it almost certainly is.
- The Binary Option Robotis Only Compatible with Shady Broker Sites. If any of the well-known binary options brokers (such as 24Option or IQ Option) do not trust a certain robot, then you shouldn’t either. The more brokers to choose from, the better for the investor. This way, you can also take advantage of bonuses, risk-free trades and other possible benefits that are available for new investors. Your investments should always be stored on a separate broker account, and you should be able to turn the robot off whenever you want. Therefore, you can significantly reduce the possibility of fraud.
- The Binary Option Robot Has Only Been on The Market for a Short Period. This does not necessarily mean that the software is fraudulent. However, scammers usually stay on the market for a short period. If the software has been available for many years, it is much more likely that it is trustworthy and useful to help you earn money. Scammers tend to get so much negative publicity that it is almost impossible for them to remain on the market for many years or even months.
- Only a Few Trading Assets Available. Some fraudulent option robots only trade with one trading asset, or even worse, it makes no real trading at all. A wider variety of trading assets also means more opportunities to earn money. It is almost impossible to earn money if there is only a couple of trading assets to trade. There are some exceptions; sometimes by specializing in a particular trading asset, an exceptionally good trader can make a huge profit. Lack of educational resources are also a red flag.
- I have used dozens of different binary option robots and so far,have only found three that have been able to avoid all these fraudulent signals.Next, I will detail the most important features of this automated trading software, and tell you which ones are superior to their
Legit Binary Option Robots
When it comes to auto trading systems, there are no shortage of options to choose from: the market seems to be saturated with these systems, yet they seem to grow at an almost exponential rate. However, this has meant that a few outstanding pieces of software have risen to the top in this cut-throat world. Trading systems, like Option Robot, have to work twice as hard to remain legitimate, given so much of their competition engages in unscrupulous activity, which gives the industry a bad name. In my view Options Robot is one of the very best pieces of trading software out there, and I recommend that everyone investigates it as an option: trust me, you won’t regret it!
Start making money today with the Option Robot. It is extremely simple!
Top Notch Software
Few pieces of software can boast a proven hit rate of over 75%, which makes Option Robot’s 90% accuracy rate all the more impressive. It is comfortably, among the top 5 robots in the world, and as soon as you start using it, you will see why: its system is well constructed, it has an excellent website, great customer service and the software itself really works. In a market filled with dodgy alternatives, The Option Robot, is a breath of fresh air, delivering exactly what it promises, in a sleek and professional manner.
Of all the robots that we tested it stood out in pretty much every category: no big or unrealistic promises, an easy sign-up process, with clear instructions and all the necessary information about the software itself. This is complemented by an informative blog, which describes all the linked brokers, making it by far and away the best site for options trading.
How the option robot works
The Option Robot is a 100% automated piece of trading software that generates its own high-quality signals and then automatically places trades directly to the client’s broker account. To ensure maximum accuracy, the option robot generates signals from not one but six market indicators each with its different strengths and features. You, the trader, have the freedom to choose which indicators that you want to provide signals for your trades. It puts you in total control of these indicators, allowing you to choose from one of them all the way up to all six of them. The software ensures that the robot cannot place a trade if the signals produced by the indicators are not correlating. Which leaves very little margin of error and may explain the impressive hit rate of the robot.
The trader also has the freedom to choose which brokers to sign up with as opposed to having one pre-selected for him/her as is the case with most binary option robots. The downside is, you have to open a completely new broker account when signing up(existing accounts are not supported).It also allows you to open a demo account, allowing you to test the software, before depositing. It operates slightly, different from a real account, which uses the Reuters live feed, while the demo version uses eToro live pricing feed.Itis an ideal way to test the option robot without risking your money.
As you would expect, the software’s creators have affiliated with numerous trustworthy companies, which are mainly approved by the CySEC, famed for being one of the most rigorous regulators around. Stockpair and 24Option stand out on this list, and you can be confident that with this calibre of broker, your money will be safe.
The Option Robot is compatible with the biggest and most trusted binary options broker sites.
Option Robot Trading Systems
Everything about The Option Robot is systematic, and the trading process is no different. Basically, the option robot places trades based on one of three trading systems, selected by the trader.
- Classic System– This is the oldest and most used trading system in binary options. It is regarded as much safer and is a favorite of newbie traders. It doesn’t offer much in terms of profits but then again, it is associated with very few losses.
- Martingale System – Widely used in Forex trading, the Martingale system is the best choice for traders looking for quick profits. It places higher risk trades which are known to have very high profit margins. This may not be the right system for beginners as it can bring your account balance to zero in minutes.
- Fibonaccisystem – This is one for traders, who are looking for bigprofits. It increases the trade size sequentially after every win or loss. If all goes well, the eventual profits are far bigger than with the other systems, however, on the flip side, the losses can also be bigger.
The Option Robot is one of the very few robots that can be considered a trader’s robot. Everything about the robot, from the brokers to the trading program or method and even the currency used is all firmly under the traders control. The developers, limited the number of simultaneous trades at any one time to 8. The trade sizes are also flexible with the minimum amount being $20 and the maximum $500.
- Overall rating 4,9 out of 5
- Scam test result: Pass
I would definitely recommend Option Robot to every trader out there who wants to capitalize on binary options. Apart from being positively reviewed on most major sites, the option robot has a lot to offer with the signal generation and trade placement method that it uses. We rarely see the use of such complex indicators in binary options robots. While the blog, with the regular updates is also of great help to all traders, as is the highly responsive customer care service. Furthermore, there are no scam testimonials promising that you will make millions of dollars a month and you can use the demo to test everything out. The Option Robot is the Ferrari of binary trading software!
Binary options is arguably the fastest growing financial trade. Millions of people all over the world are now paying attention to the trade, once regarded as Wall Street’s version of gambling. And it’s not all about the huge returns, although that also contributes to its popularity. Perhaps what attracts people more to binary options is the relative ease of setting up a broker account and commencing trading in addition to the convenience of trading and following up on placed trades from anywhere at all times. The large number of auto trading systems make it is even easier to trade binary options.
The Automated Binary is just one of the possibly thousands of trading systems available and the subject of this review. Is The Automated Binary a scam or not? Read on to find out.
Get Your Free Option Robot by Clicking on The Button Below. There is a Limited Number of Spots Left!
Option Robot Review – My Experience With This Trading Software!
If you are involved in Binary Options Trading then you must constantly be in touch with the upcoming trends and developments. Software developers come up with new algorithms to further refine and fine-tune the trading process and increase the profitability of their software. In our reviews, we try to bring forth the various aspects of trading and how the software fares in its claims. Today, we review the Option Robot trading software. This review serves to inform you about the pros and cons of using it. Through our vast experience in the field of adjudging trading software and brokers, we can comfortably state that the Option Robot offers safe and handsome returns on your investments. Read on our Option Robot Review to know why you can trust the Option Robot and what are the advantages it has to offer.
Official Website – optionrobot.com
Is the Option Robot Software A SCAM?
To put it across nice and straight, the answer is a big No! Our research concludes that the Option Robot does not show any traces of fraud. Another fact to strengthen our claim is that it has been around for over three years now. Any fraud system cannot continue unchecked for such a long duration. The disclaimers mention the risks and caveats clearly and there is absolutely no intention to hide anything from your view. We really liked this transparency. There are no stock photos or testimonials on the website. We have reviewed so many scam software that this one seemed unusual but in the positive sense.
Option Robot Review – An Insight
When it comes to the success rate, anything above 75% can be considered a fairly good return. The Option Robot comfortably achieves 83% success rate which is the talk of the town. There are many scam software which claims over the top success rates and may seem attractive, but one must not get carried away. On the Option Robot website, there are no wild promises or false sugar-coated statements. There are no misleading videos showing you the rich and affluent side of somebody else’s life. There are no testimonials and reviews from paid actors or identity thefts which the scam systems use so shamelessly.
The Option Robot Software has been consistently delivering top-notch performance. It allows you to choose from three strategies which we would discuss in detail. Plus, you can take advantage of the different indicators which are used by the Option Robot. Option Robot deals with currency trading which take place in pairs. Currently, there are eight currency pairs available to make a choice from. Expiry time choices are 60 seconds, 5, 10, 15, 30 minutes and 1 hour.
The Three Money Management Systems
Option Robot offers three profitable money management and binary options trading systems.
If you are an extra cautious person and like to keep your investments safe and secure, this system is best suited for you. This system invests money in trades while being completely agnostic of the past outcomes. If you are content with decent and near linear profits, then you can choose this system. Remember, in binary options trading, the more risky trades generally fetch the greatest dollar.
This system should be your choice if you like to take risks in your strides. The Martingale system could help you fetch faster and perkier profits. For each forex pair, there is an independent martingale sequence.
Accuracy is the word that can best describe the Fibonacci system. Greater the accuracy, the more are the chances for your trades ending up winning. The Fibonacci system varies your investment sizes according to the win/loss sequence. What this means is that the system cuts your investment size for the next trades if the previous one ended in a loss and vice versa. This is a way of safeguarding your investments and trade in an efficient way.
The indicators are signal readers which help the OptionRobot.com to make decisions. You have the choice to set which among the six available indicators should influence the trading. Any combination of indicators can be used and any number. Below is a description of the trading indicators, Option Robot uses.
Trend Indicator – Whether or not it’s time to call it Puts or Calls, is what this indicator determines. This indicator analyses the market trends and suggests accordingly.
MACD – It stands for Moving Average Convergence Divergence. It is used to forecast events and is a compliment to the trend indicator. It measures the difference between two moving averages.
RSI – RSI or Relative Strength Index indicates to the option robot to sell the asset when the prices get high and to buy them when prices go down. It is reliable and is also called the people system.
STOCH – This system was developed by Dr. George Lane in the form of Stochastic Oscillator. It follows the market conditions and suggests trades according to the analysis.
WILLIAMS – It is the simplified version of the RSI indicator. This system identifies the oversold or undersold areas and targets them in short positions.
CCI – Short for Commodity Channel Index, CCI compares everything with its average over time and uses it to determine the trends.
Advantages of the Option Robot
- Choice of trade amount ranges from $5 to $500. This gives flexibility and caters to the needs of all type of traders. The Robot can also be set to make 1 to 8 simultaneous trades.
- Choice of brokers is immense. You would not have seen such a transparency with any other system. The brokers are renowned, and a few of them are also regulated ones.
- The income that the Option Robot generates is its unique feature. A handsome 83% winning rate guarantees return on winning trades which is enough to boost your income and standard of living.
- The various indicators give complete control to the traders to follow the clues and trade based on different parameters.
- The Option Robot system offers great support in case you need any. Its customer service is always prompt in giving any support you may need. The analysts are mostly always online and in the rare case that they are not; the contact form can be used.
We have seen a lot of users reporting that they are finding no problems whatsoever in withdrawing their earnings. Different brokers allow different timelines for withdrawal processing, and you may choose the broker which best suits you. Most of the brokers use wire transfer followed by Neteller or credit cards.
How To Start Using Option Robot:
- Visit Official Website of Option Robot – optionrobot.com
- Click on Open Free Account.
- Select broker from dropdown menu & fill that form with your details (First Name, Last Name, Phone No., Email Address).
- Proceed further and fund your account with an initial deposit of minimum $250.
- Start Auto Trading.
Option Robot Review Conclusion
You may find websites or blogs criticizing the Option Robot. While we respect their views, we beg to differ in our opinion. When a system offers so many renowned brokers to choose from, is it not unfair to doubt their intentions? The professionalism is apparent from their website. There are no exaggerated statements or testimonials anywhere on the website or any sort of false promises on 100% money security. The Option Robot website clearly reads out the risks and benefits. With so many money management systems to choose from, the Option Robot is a complete package for anyone who loves binary options trading. Rest assured that it is not a scam and we have verified its working and found it to be genuine software. Joining the system is as easy as one two and three. So waste no time and be a part of this wonderful software system.
Automated Trading Software
It’s not impossible to master binary trading, and like anything else, the more you put in, the more you will get out. To become good at making money, you’ll need a great broker, time and some patience. For some people investing this time is not an option, and you never reach your true potential.
Enter the robots! We don’t mean physical machines that will sit at your computer and trade for you but binary options robots that come as part of pre-programmed software. This software uses complex mathematical algorithms to examine market data and then uses this data to trade with highly profitable and low-risk results.
Different brokers allow the use of different robot software, and once you have opened an account, you’ll be able to view all the compatible brokerages for that provider. You don’t need to worry about who to choose. We have done the hard work for you and recommend brokers based on who offers the best trading experiences.
In this article, you will learn:
What binary option trading robots are The benefits of the best trading software How you can make more profit using them
How Robots Save Time
The mere thought of downloading, installing or setting up a software programme may leave you feeling like it is time-consuming and complicated. You will be surprised at how simple it is and how much time it will save you in the long term. Here are a few simple steps that will have you trading automatically within no time.
Choose a Robot Service
While you can spend hours carrying out research looking for the best robot trader, you probably don’t have the time. That is where our list of recommended services will save you a lot of time that you can spend trading. All you need to do is choose the one for you.
Download The Software
Many brokers or software providers will require you to download the software. On a mobile, this may be as simple as downloading the app. You can access some robot trading software via a browser.
Sign-up With a Broker
In addition to the free binary robot software, you will need to get a real account with a broker. The software will normally recommend binary options brokers to open an account and deposit with.
Programme The Software
We don’t mean that you need to be a programmer to operate the software, but you do need to tell it what you want. Set your technical indicators which will include your investing limits, frequency etc. then leave the rest to the auto trader software.
Sit Back, Relax And Enjoy
That’s it. Now you are trading without doing anything. You can carry on with your business and leave the rest to the robot. Just check in now and again to see how your trades are doing and reset the parameters if you need to.
Using a binary robot also removes the anxiety you might get from trading. When you place a trade with an expiry time of an hour sometimes watching what is happening can put the trader through a range of emotions. By using this, you can check in every so often to see how you are doing rather than being glued to the screen for each trade.
How Binary Robots Work
The robot trading software is something that you download to your computer or another device once registered with a broker. A download is not always required; sometimes you can start using them online via a website. Investment using this method is known as automated or auto trading and is used by “auto traders” that want to free up their time and increase their success rate.
Like any computer, the capacity to research, consume and analyse data is much higher than the human mind so the machine can process all the data much quicker than any human being without emotion or instinct. By using this process, more information is gathered at a much quicker pace allowing for more effective, profitable trades using an array of automated trading systems. The capacity to trade becomes much more and the number of successful trades increases.
Why then, wouldn’t anyone want to take advantage of this help? To begin using the automated trading software you need to choose a service that is compatible with your broker and start using it. To help you select your provider we have researched hundreds of them across the world to bring you the best and offer up our advice on who you should trade with saving you both time and effort.
Some traders prefer to keep control over their trades rather than giving everything over to the robot, and this is where trading signals can be a viable alternative. Trading signals are services that provide advice and information on which trades to make. You still need to make the trades yourself, so you remain in control but the advice on what trades to place is given to you. It’s great for people who might not be good at reading the markets, depending on if the service you use is good, of course.
Benefits of Automation
Save valuable time. Binary trading robots have a far higher capacity for information than the human brain Execute more successful trades. Using the trading system to gather much more data makes the trade more reliable Trade without any emotion. Remove the “gut instinct” element and control your trade amount Allows you to carry on with other things. You don’t have to spend so much time in front of a computer or on your phone and can carry on with your life while still making money Less knowledge needed. You don’t have to study the markets, trends, assets etc. or become an expert to be successful It’s free or low cost to use once registered with a broker and doesn’t always require a download Software helps with money management. Increase win rate = more money = greater profits Test them with both a virtual or free demo account Anyone at any level can use them whether a binary options trading beginner or expert
There are some “scam robots” where the purpose is to con the investor out of their money, and they don’t work. There are tell-tale signs that you should watch out for as to whether a service is legit or not. These include no contact details for customer support, consistently bad reviews, a short operating time and only a few assets available.
This software uses complex mathematical algorithms to examine market data.
How to Find Legit Software
Some unfortunate investors aren’t always able to spot online scams and can lose a lot of money when they should have been making it. Before they notice there is anything wrong they could already have made many trades. There are things to look out for to try and prevent this happening, but we highly recommend using our advice and recommendations to ensure that you register with a trusted and reputable binary robot software service.
We’ve done countless binary option robots reviews and found them to be a reliable solution if you want to trade without having to dedicate all of your time to research and analysis. If you enjoy studying the markets, analysing and placing your trades, then you will want to continue doing the work yourself, but if you want to free up valuable time, then this is the solution. Watch out for other robots available such as those used for Forex trading or crypto trading. These are very different products with different technical indicators and should be avoided if you want to trade options.
We have tried, tested and reviewed the many types of software and know which companies offer the best binary robots trading experience and which software outshines the others. We believe that investing apps are a great way to save time and make money and to assist you in the quest to become the best binary options robot trader, our advice and recommendations are designed to make this happen.
Frequently Asked Questions
Is robot software reliable and trustworthy?
Like many aspects of binary options trading, the reliability depends on the security of a company overall. If you choose a recommended, reputable provider, then their services will be tried, tested and reliable.
Can they predict the right trades to make?
Prediction is a good question because even machines can’t predict the future, no-one can. What they can do is analyse data, trends and other aspects to come up with more reliably informed information.
Will I need to pay money for good software?
No, the best binary option robot software is free to download and use. For the most part, you will need to download it using a free account before opening a real account with a broker.
What if my trading robot gets it wrong?
Even with sophisticated investment tools, it doesn’t guarantee that you will be 100% successful. The robot improves the chances of making successful trades.
How do I find the best software to use?
That’s easy. You merely review our recommendations and select a few from our list to check out for yourself. We base all of our findings on our own experience, tests and research.
Jacob has been an author for us since our launch in 2020. He has over forty years’ experience in the financial sector and has held a variety of positions within financial services corporations and venture capitalist organisations.
The Best Binary Options Broker 2020!
Good for Beginners!
Free Education + Free Demo Account!
Get Your Sign-Up Bonus Now!
Only For Experienced Traders!