Estimated reading time: 3 minutes
As you may have already realized, it’s quite difficult to trade binary options all by yourself. Even if you apply all the latest working strategies, there’s a 70% chance of losing a trade.
This is the reason why most traders have resorted to using an auto trader software instead of trading manually.
There are many auto trading softwares that can help you achieve this aim but on this site, we only review the ones we’ve tested and proven reliable.
Binary Option Robot review:
This robot is simply an executable computer program that will help you trade when you choose a few parameters.
Here’s a short video explaining how it works:
This trading software will save your time because there’s no more need to perform extensive technical and fundamental analysis before trading.
Binary Option robot makes use of 3 most important systems for trading:
Classic system: This system trades the same amount on the currency pairs selected by you.
Martingale System: People believe this is the most profitable of them. It involves trading an amount that increases after a loss and comes back to the initial lowest possible amount after a win. Every calculation is different for the currency pairs.
Fibonacci system: Not very different from the forex trading fibonacci system. It involves trading an amount that will increase after a loss or decrease after a win. Also, this system is dependent on the currency pairs you’ve chosen.
As you would expect for softwares like this, there’s both a free version with less features and a Paid version ($79) offering more advanced features.
The free version is just a trial one for me. It lets you perform only 2 trades simultaneously with a single broker, two currency pairs, all the 3 trading systems and a single trade amount of $20. With the Paid version, you’ll get the following:
- Access to 4 binary option brokers (24Options, Tradorax, BossCapital and StockPair)
- Up to 5 trading indicators
- 7 maximum simultaneous trades
- Up to 7 currency pairs as opposed to 2
- Amounts vary from $5 to $500 per trade for the different brokers
- Variable time frames
- Free upgrades
- 60 days Money back guarantee
The auto trading software works on both Windows and Mac PC with easy installation guide.
There’s always a standby support (help) for you whether you are a free user or paid user.
Please note the following:
If you are already trading with a binary option broker that is not supported by this software, you have to register with one of the brokers the software supports. After a successful registration and verification, you have to fund your account with the recommended minimum of money in order to start using the software.
You Can Also Read: Option Bot 2.0 Reviews
Sponsored: Best binary options robots
This software is trusted by many traders all over the world because it has at least 80% winning rate. This is obviously a good result rather than gambling with your money because you have no solid knowledge of the best trading strategies. If you are serious with your binary option trading, i suggest you go with the paid version because it has more features than the free one and it is relatively cheap as well.
If you’ve used this Binary Option robot before, you are welcome to leave your own reviews below.
Your own review and rating is important.
Please leave a review about Binary Option Robot below.