Binary options trading is, due to its simplicity, high payouts and a wide range of possibilities, very popular among the traders worldwide. There are many trading strategies and methods, but one of the hottest things at the moment is binary options auto trading. Due to technology development, auto trading is available for traders worldwide and very quickly it had an increasing number of people interested in this automated version of binary options trading.
Auto trading works on principle that entire trading process is done automatically and you don’t even have to be at your PC. One of the most popular auto trading software is Binary Option Robot. Read the following Binary Option Robot to find out why this trading tool is so great.
What is Binary Option Robot?
Binary Option Robot offers traders an amazing opportunity to be present on financial market and achieve success in binary options trading. This tool is free and it doesn’t require any download! The platform is safe and simple for all traders, both beginners and experienced ones. Binary Option Robot is popular among traders because it place trades automatically.
You don’t have to download any software if you want to use Binary Option Robot, which means that it works on all devices: Windows, Mac, Android, iPhone, Tablets, Mobile.
The software works with following brokers (checked Aug 2015): Banc De Binary, GOptions, Binary Globes, CherryTrade, No1Options, OptionFM, Bloombex, Porter Finance, Interactive Option, RBOptions.
Key of success lies in the fact that Robot uses the best signal providers in the market who then send signals to Binary Option Robot that afterwards place trades. Signal providers are actually experienced traders who monitor current market trends and compare them with situation from previous years. Based on the results of financial trends and market changes, they generate binary signals.
This way, when a good market opportunity appears, Robot will use these signals and trade on the trader’s behalf, according to chosen settings. This auto trading is excellent way for all traders, but especially for traders beginners, because everything is done automatically.
There are no stressful moments or thinking is the chosen move the right move that will bring money at the end. When traders register on Binary Option Robot’s platform, they can set up preferred settings, such as risk level or option type and then choose the asset and insert preferred amount to trade with.
The software will assign each trader a broker who is from the country a trader is from, which largely simplifies trading process. It is safe to trade with Robot due to its transparent trading.
In case traders have any questions, customer assistance is provided to them via e-mail and live chat or they can check the FAQ section on the platform.
Binary Option Robot Features
As mentioned above, Robot offers its traders a wide range of trading instruments and services for them to have a successful trading experience. It is possible to achieve high returns thanks to the signals that are mostly accurate. To their registered traders, Binary Option Robot gives a possibility of VIP feature.
This way, traders can upgrade their account by referring a friend and get even more benefits while trading binary options. Robot can work and place trades even when it is offline, which means it is not necessary to have an internet connection for Robot to able to work. Of course, if trader want to change settings, then Robot has to be online. There are several great features that traders can use and set up on their accounts. One of these features is Reverse Trading. With this possibility, traders can press the button and Robot will start placing trades opposite from the signals. This trading tool is used when traders think that received signals are not accurate.
Another tool is called Stop Loss, which means that Robot will start to trade when margin is reached. Besides these features, traders have on their disposal a plenty of different useful trading instruments, such as setting their own risk level etc.
Binary Options Robot Advantages and Disadvantages
Here are some of the advantages of Binary Option Robot:
- 100% Automatic Trading Software
- Average Winning Rate above 75%
- Simple, Easy to use Platform
- Free Version Available
- No need to download any Software
Here are some of the disadvantages of Binary Option Robot:
- Online since 2014
- Free Version may be not enough
Is Binary Option Robot Scam?
No, it’s not a scam, in fact Binary Option Robot is one of the most popular tools in binary option trading. Binary Options is risky and no tool can guarantee that you will make profits, however if you use it correctly you can make 60-88% profit on the long run. Bankroll management is important when using such tool or when not using any tool at all: invest your money wisely and don’t trade with your whole bankroll at once.
Is Binary Option Robot Good?
Binary Option Robot is an excellent auto trading solution, recognized by numerous traders around the world. Trading binary options through Robot is safe and yet, easy to use for all traders. Binary options traders don’t have to worry about security because entire trading process is done transparent.
Platform is simple to navigate and traders beginners shouldn’t have to have any difficulties while setting up preferred settings. Main focus of Binary Option Robot is to place trades on behalf of the trader and it is done automatically by using binary signals in order to maximize trader’s profits. Robot offers many useful trading tools and services and it is no wonder why so many traders worldwide use this auto trading system for their preferred binary options experience.