Binary options trading software
binary options trading software Best Binary Options Robots. Our mission is to review and compile only brokers and robots in the binary trading industry that provide interesting trading features. Get informed on the latest binary solutions on the market. Stay informed on binary brokers and robots who, according to our reviews, deliver good user-experience. Learn what to look for when choosing a broker or a binary robot. Get acquainted with the trading features, apps and settings of each of them.
This site provides the insight in the world of binary options trading and automated trading software. Check our latest translated pages Find out more about latest economic and financial happenings in our News section and learn more about trading in our Guides section. Secure Trading with Nothing but the Best Brokers and Robots Reviewed by Us. Binary options trading, growing rapidly as it is, yielded so many brokers, signal providers and automated trading platforms to choose from.
At a first glance, it may seem easy to know the crucial differences among them. But it truly isn’t. Read our reviews and find your perfect pick! Choosing wisely may have a big impact on your trading experience and your trading account balance.
Here you will find complete binary brokers list. Top Trading Platforms. Try to Increase Profits With Binary Options. Automated trading can compensate for lack of knowledge needed for success in the binary industry.
Direct trading with a broker may be increasingly risky, especially if you don’t have the knowledge on how to trade binary options. If you are a beginner or don’t feel like wasting your time or money, automated binary options trading could be the best choice! Popularity of Binary Options. Binary options industry became a popular field of interest for many investors worldwide. Binary options initially appeared in late 2008, as a new investment type in the financial industry.
In recent years, binary options had a big impact on traders on a global level, who saw an excellent opportunity to participate in financial market and try to maximize their profits. There is an increasing number of traders across the world who prefer to use binary auto trading solutions as way to earn money from trading binary options. Binary options robots could serve as an excellent binary trading solution, available to traders worldwide. One of the main reasons behind the popularity of trading binary options, is the fact that traders know possible gain or possible loss entailed in the predicament they opted for. Trading binary options may have many advantages, such as the possibility of using a variety of features and trading instruments, as well as an opportunity to invest in a wide range of assets, such as currencies, stocks, commodities, and indices.
Start trading with Binary Options Robot today. You’re getting into investing because you want to earn the best returns possible on your investments. With the trading robot software available at BinaryOptionsRobot. com, every trade will be carried out automatically online.
Always 100% in control on your account Traders are supported with professional customer service Additional VIP features are available for free. Binary Options Basics. Binary options are a type of options with fixed payout and fixed expiry time.
According to the financial definitions, binary options are based on an accurate prediction of price movement of a particular asset. With binary options, there are two possible directions Call and Put Option. A Call option is defined as trading binary options decision, by which traders predict a price increase of an underlying asset. Put option is a trading binary options decision, which traders make under an educated guess that the asset price will fall below the strike price in the predetermined period of time. One of the biggest advantages that binary options owe their global popularity to, is the ability for traders to join and start trading, regardless of the level of their trading knowledge.
This has presented itself as a great opportunity for a wide range or trader – from beginners to professionals, to find their place in the binary options industry. There are dozens of interesting binary trading platforms that traders can choose for the trading yard of their preference. Binary brokers provide traders a wide selection of trading tools and services that could embark them on a adventurous binary options journey.
With binary options, traders may achieve high payouts from their investment, which is a great way for traders wanting to profit from this rising online trading industry. Also, traders can choose if they prefer to invest in the short term or long terms options, depending on their risk exposure preferences. What is Binary Auto Trading?
Thanks to technology improvements over the last few years, binary options traders now have the opportunity to trade binary options in a less hands-on, yet technologically advanced way. Binary auto trading comes as a leading innovation. The whole trading process is done by automated software, based on binary trading signals, generated by complex, yet highly accurate algorithms or a team of skilled binary trading professionals.
With automated binary options trading, there are two possible ways traders get signals – they can be generated by humans or by trading algorithms. The trading process is done automatically or semi-automatically, depending on the type of the robot software. Binary options auto trading mostly relies on binary trading signals.
The Use of Binary Options Trading Signals. Trading signals serve as results done by trading algorithms or humans, based on several mathematical calculations. Signals are considered as a core of any binary options automated software, where the intention is to get the best possible signals and have potential money gain. It is important to emphasize that signals have to be created and delivered in real time in order to be useful for Binary Options Robot to use it in the trading process.
Honest reviews & recommendations in the world of Binary Options trading. Welcome to Trusted Binary Reviews. We pride ourselves on providing you with all the latest information with full and honest reviews on all the best and worst software, signals and brokers related to Binary Options. Please browse our latest videos and read our reviews on the best and worst binary options brokers, binary options signals, binary options software, and our personal reviews on the very latest and greatest Binary Options trading methods and software as well as our very own Scam Aware series. You might want to check out one of the most popular pieces of software in our Option Robot Review, which has been recently updated for 2017.
I’m glad you found the site and I hope it helps you find the wonder and excitement of trading. I wish you all the best of success. Latest Binary Scam Reviews. Cash365 Scam Review 365 Millionaires or 365 Reasons To Run Beware!
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Louis Harris has been a professional trader since 2009, when he was able to quit his regular job and trade Binary Options & Forex for his main source of income. He now provides Binary Options Reviews on Brokers and Binary Options Scams in the marketplace. Louis Harris is intent on providing a safe community for new and experienced traders alike to be able to discuss new products, brokers and trading techniques.
Louis now employs a team of researchers to help in exposing Binary Options Scams, and also to help uncover the very best in trading software. I have a question about Binary Options – How do I get in touch? If you would like to get in touch, please use the contact form on the contact page, or add a comment below any of our articles. We receive a lot of email, so please bear with us. The Best Binary Options Trading Software. Trading software is the most important tool that a trader can possess (other than his mind).
You need confidence that your software will be reliable, have low latency (information is as current as possible), and will be easy enough to navigate that it doesn’t cause unnecessary user errors. Binary Options Software Is Online. Downloading a software program is not required to trade binary options, the trading software is entirely within the online platform. This makes it easier for the trader because there are not separate programs to load to enter trades. Simply sign into your account online, and you can begin trading live immediately.
The best binary options trading software is a platform system that is clean, efficient, and simple for the user to learn. At How We Trade we use Tradorax, because their straight-forward platform really limits any trade entry mistakes a trader may be inclined to make. Binary options are not necessarily easy to master, but mechanics of trading them are simple, and entering trades needs to be just as straightforward.
Our trading software leaves no excuse for making order entry mistakes. Order entry mistakes are a trader’s worst nightmare because of how quickly profits increase as a traders winning percentage increases, there is a very thin margin for a trader to make mistakes if they wish to maintain their profitability. One order entry mistake can cost a trader a fortune if the mistake is large enough.
Using the best software is the easiest way to reduce the probability of making this type of mistake. We know that Tradorax trading software makes choosing to buy a call or a put extremely easy and clear. They make it very difficult to accidentally buy a call if you really wanted a put, or vice versa. There is even an order verification options before the trade is actually final (we recommend you keep this option on) so the user always can be confident that they are placing the trade they intend to place before it is final. Real Time Information (Low Latency) With their binary options software platform (as with any good software platform) the trader can then track the current price of the underlying asset or security in real time, and easily tell if the trade is in the money.
Multiple trades can be entered and tracked at the same time, and they provide the updated expected payout value as prices move. Having the lowest latency possible is crucial to a trader’s ability to read a stock and to predict the future outcome with the highest chances of success. We always recommend that you use low latency software. Adding And Withdrawing Funds Are Easy And Straightforward.
They also allow the trader the ability to withdraw their earnings and balance very quickly, and fund their account very easily. Using a straightforward system leaves this process relatively stress free for traders, so they can focus on what matters the most, their trading! There are no hoops to jump through for a trader to add or withdraw money from their account, and a trader has complete control within the online platform. Always make sure that any broker you use makes accessing funds very easy. We know that noo one wants to fight to retrieve their own money from their account.
Many software platforms offer very similar functionality, but perhaps the most important feature is the reliability. Make sure that any binary options trading software you use offers extremely high reliability for their traders. You do not want the software to crash when you are in the middle of a trade.
We want you to be able to watch all of your trades with the highest precision possible, to free you to make the best decisions that you can make. Great Client Support. Also make sure the broker you trade with offers a high quality customer support service, who will answer any questions about the software system or trading. It is paramount that a trader completely understands every feature of the platform before trading, and any reputable broker will be happy to walk a trader through their software.
For these reasons we use Tradorax, but ultimately a trader needs to be comfortable with the software and trust the brokers systems. Binary Options Robot. A binary options trading robot is basically a piece of software that is capable of accurately analyzing data that might impact the way in which assets’ price moves.
It has both manual and automated mode. The only difference between them is that users can customize their investment settings according to their very own preferences and place the trades themselves when choosing the first or let the system do everything on their behalf if they pick the latter. ➽ Sign Up Usually, only a couple of basic details have to be entered into the registration form name, email address and telephone number. Users can choose a binary options trading system from the reputable ones below.
Get Started With 3 Easy Steps. Choose a robot from the list below Register a robot account. I personally use 3 different robots to diversity my risk. It is highly recommended that you start at least 2 robots.
Start trading and collect profits. Fund trading account. $250 is the minimum amount to start. You can withdraw It anytime.
Switch auto-trading ON. The software will start trading the financial markets online. Withdrawal requests are typically fulfilled in 2 working days. ➽ Choose a Broker Each online investment robot works with different brokerages. After signing up with a given software a confirmation letter is sent almost immediately to the trader’s inbox. Traders are then required to decide which brokerage would they like to work with.
➽ Withdrawal Procedure Most robots offer expedited or instant withdrawals. In order to receive their earnings, investors have to fill out a request form and apply a copy of personal ID for verification. The most common binary options robot software is an auto trading system that executes trades automatically in your user account.
These actions are based on a combination of investment styles and signals over which you have a certain degree of limited control. These online platforms can be signal providers and auto-traders at the same time. This is a bit more advanced than the simpler version of the two services because it offers a very unique type of trading – a newly evolved on the market combination of different strategies and trading techniques.
Nowadays, binary options investment systems have come a very long way since their initial humble beginnings. They have all kinds of unique characteristics and provide various methods by which one can amplify his earnings on the Internet – such as the implementation of copy and mirror trading, compound investments and others. How Can I Start Making Money Via Online Trading? There is no required experience, no in-depth knowledge and no skills. If users wish to acquire such – there is no problem because most binary options automated robots feature some educational articles and live Webinars, if not even virtual Trading Academies and Education Centers.
In general, the whole point of such profit amplifying software’s existence is to ease the investment procedure and take over the trading process instead of the users. Of course, it is not advisable to leave the robot completely without supervision because some of them experience bugs from time to time. “ …for a broad class of models prediction market prices are usually close to the mean beliefs of traders. The key parameters driving trading behavior in prediction markets are the degree of risk aversion and the distribution of beliefs.
” (2) However, in general, binary options automated systems are a good way for traders to learn while they are earning a solid additional income from the comfort of their very own abode. Preliminary research and the reading of reviews are good before joining a particular robot just in order to feel that your funds are safe and secure. Why Opt for Binary Options Robots? There are many income generating solutions available in the vast spaces of the Internet. Some users may ask themselves why should they go and pick exactly binary options automated systems.
There are many reasons why traders should do this. Let’s mention a couple of them here Guaranteed Profits One of the best things about binary options investment robots is that the odds for losing financial operations are almost eliminated. This does not mean that they can not happen, but most systems have either risk-level control or stop-loss features. 100% Free of Charge There is absolutely no fee that one has to place in order to trade online using this type of profit amplifying solutions. Sign up and registration are completely free. This is one of the great things about binary options. Everybody Trades Binary Options They have become so popular that there is almost not a single person on the Internet who has not tested them. Which is good because there is lots of feedback about the performance of particular systems. It is also one more reason to try them – if everybody does, then they must be profitable. No Skills Required Users are not obliged to have any formal education or professional training in order to get started and acquire solid profits. The greater part of profit amplifying solutions have a fully automated mode which enables traders to just sit back and relax as the software does everything for you. Provided Guidance & Support One of the great benefits of getting started with a binary options online platform is that if investors desire to acquire additional information and knowledge, they have the opportunity to do so. Most legit income generating solutions have interactive learning materials available for free. Customer support service is also a must. “ I did not know a single thing about binary options trading when I got started. I was experiencing financial troubles and difficulties for a long time and a friend of mine suggested that I should test an income generating software which had a free sign up. I was hesitant for a long period before actually getting started with one, but in the end it turned out to be quite the helpful and profitable experience. The system I got started with operated with a brokerage that had a solid Education Center, so I was also able to learn a thing or too.” “ Binary options trading robots have really managed to change my life for the better. I am currently using three different systems and enjoying complete financial freedom. The best part is that you do not need to know a single thing about online investments in order for them to be a profitable and positive experience for you.” “ One should always be careful when proceeding to trade on the Internet. There are all kinds of online scams. Luckily, with binary options the possibility of falling onto one is kept to quite the minimum level. Especially, when one reads a lot of reviews before actually opening an account with a given robot or broker. Earning a good addition to your monthly income is so easy that everyone should try it.” How to Choose the Best Binary Options Robot? There are several key factors which users should be on the lookout for when considering to open an account with a given binary options automated software. Even if one is not an expert, he should at least read a couple of reviews that are available on the Internet. A simple search should lead him or her to the answer they need. Another thing which is good to be always on the lookout for are the special features that the binary options trading system of your personal choosing has. Presence of available educational materials, reliable 247 customer support and an automated mode that is capable of placing just the right investments instead of the user. You should always rely on the opinion of other users. Generally, if a large group of people hold a certain regard of a particular income generating platform, then they must be on the right track. Especially, if they have been losing their initial investments and not accumulating any returns. Also, if investors are satisfied with the way it works – it means that it is legit and not part of the scam products. Recommended Binary Options Robot. In order to make the process of choosing the perfect binary options trading robot more hassle-free and smooth, we have compiled a short list of the best ones that are currently available on the Internet. Some of them have come out just recently, while others are available for quite some time now. The common thing between them is that they are all proven to operate with a high degree of accuracy and are 100% legit . They operate only with regulated and reputable brokers and have great characteristics and special features which are unique solely to them. Their customer support services operate around the clock and are very responsive to users’ needs and requests. Another common element that they share is that they were in development for years and are founded by experts and specialists that come from different areas. HB Swiss Created by Hans Berger who is the CEO of the company, this piece of software has been around for a long time and proven itself to be a reliable income accumulating partner. BinaryOptionRobot This is one of the finest available choices for traders. Its well developed algorithm technology is the main reason why so many people have opened an account with the platform. FinTech Ltd. This binary options software has a topnotch programming algorithm. It is created by renown investor Daniel Roberts and provides online users with the opportunity to execute Reverse Trading as well as adjust the risk level according to their very own preferences. Binary Options Robots – What is the Alternative? Binary option robots are a relatively new product that became prominent in 2009. These trading algorithms are usually developed by expert traders in a cooperation with programmers. With the improvements of processing power the robots are becoming more and more accurate and precise. However, there are also various other profit amplifying solutions. The best alternative to trading software are binary options brokers and signal providing systems. There is absolutely no chance for the first to be considered legit if they are not under the monitoring of CySEC or MiFID. This is why, they are considered more legit than platforms. The automated signal generating provider is a service for binary options users which places investments through their trading accounts. This is not similar to copy trading in which trades are executed into your trading account through a link. Any accounts that are linked to a copy trade account will execute every trade of the master account. Best Binary Options Signals and Software. On this page you will be able to find the best binary options signals and software programs rated. I will provide links to reviews, to the sites and the readers of binary today can contribute. I am always adding more information to this page so please come back from time to time to check out all the latest details. Established Binary Options Signals and Software. Here we can really see the impression that the established binary options strategies and methods have been having on the market. In this table you will see what the binary today. com readers believe is the best system and they have rated them accordingly. Please click on the stars to leave your own rating if you have any experience with these binary options products. All Ratings Updated September 13th, 2017. These are systems that the Binary Today community have given up on or we simply just don’t recommend due to the nature of the product. I have written over 300 reviews so if you are looking for something in specific use the search function by clicking on the arrow at the top right of your screen in the navigation menu next to Ask John. Highly Promoted Software and Signals. This is a list of software and signal services that are promoted heavily by the other websites in this market. Here you can see how real binary options traders rate them. Since we’ve been doing this for a long time we have reviewed hundreds of systems and we are approaching the 1000 mark. With that being said we have tables with all the older systems available as well. New Binary Options Signals and Software. Here you will find some of my latest reviews and hopefully some of the up and coming binary options strategies. I update this website regularly and part of that duty is providing information on new systems for us to profit from. Many of the systems in the lower rated list are unproven and untested so this has to be taken into account. Make sure that if you’re interested in the systems in the new binary options list that you understand that the risk level is very high because the amount of customer reviews is low. Binary Types Explained. This type of binary options product will provide you with signals generated with help from a software. These are often systems that take advantage of meta-trader four using indicators and expert advisors to watch the market and pick out trading opportunities. Most of these software’s also provide the option to send signals to your email as well. This type of binary options product is generally simpler than the software approach. You will receive emails either in a members area or in your email inbox. In the emails you will have signals that will tell you whether to put or call. This type of binary options product I have a huge problem with. The issue with auto trading binary options is the fact that binary options don’t use independent platforms. This means that auto trading software gives too much control to the brokers and there is no way that a broker will allow and auto trading software to take their money. Until binary options broker start using independent trading platforms like meta-trader four you should not buy any automated binary system. This type of binary options product is very simple to explain. The developers of these systems will educate you on binary options and generally provide you with strategies and methods sometimes including software as well. The issue with educational courses in the binary options market at this point in time is that the price is often too steep. There can be a lot of value in these type of binary options products but they don’t always pay off and at high price points the risk you take can be a deterring factor. Rating Categories Described. Pretty self-explanatory, this is the category that provides the product name and link to the binary options software or signal service review. The rating is given by the readers of Binary Today. They can vote on a scale from 1-5 stars. This essentially means that if a service has anywhere in the 1-2 rating range it is best to stay away from it. Anything in the 4+ range immediately is placed into our top rated category. To place a vote simply click on the stars. I just went into this in great detail above, this is the type of product whether it be a binary options signal service, software, education program, live trading room etc. This category describes whether or not the product is easy to navigate, install and utilize. Many of the rankings here are justified based on past experience with a specific type of service. Price is pretty straight forward in most cases, mo stands for monthly which means you will have to pay on a subscription basis. There are also many systems in the binary options market that are deemed as “free software. ” These systems require a deposit of anywhere between $200-300 to get started and are generally disregarded and distrusted by the Binary Today community and often seen as binary options software scams. Automated Option Trading Software Review. Get your free option robot by clicking on the button below. There is a limited number of spots left! If You Are Wondering If Automated Option Robot Trading Software a SCAM or Not? Binary Auto Trading Exposed! We Give You 100% Honest Review Real Result! Min. Deposit Min. Investment Rating. Over the last couple of years, there have been some innovations in the binary options industry, these innovations aim to make trading easier and less tedious. One such innovation is auto trading software or option robot as they are commonly known. These binary option robots are programmed to do technical analysis, create option signals , and execute trades faster and with more accuracy than any human system, without the trader having to leave his seat or bat an eye. Unfortunately, most of the super-hyped and promising ones are outright scams only interested in making your wallet lighter. However, there are a few good and legit ones, the many scams have given auto trading software such a bad name the traders don’t know what to believe and what to stay away from, many have even sworn off trading robots completely. It is our duty to inform you, so that you will be able to make informed decisions (see what I did there?) and keep your money for longer. This review delves deeper into Option Robot and presents you all you need to know. No sugar coating. No bias. Get the automated option robot trading software for free by clicking on the button below and learn how you can make money while you sleep! Automated Option Trading Software Option Robot. Option Robot Auto Trading Software. Option Robot is recently introduced automated trading software designed and developed by expert traders with vast experience in Forex, binary options and derivatives trading. It is developed with a view to helping traders get the most out of their trading with little effort or experience necessary. Option Robot offers trading signals with winning rates as high as 83% and the best binary option brokers (such as IQ Option) in the world to choose from. It is free web based software meaning no download is necessary and it offers fully customizable features that give the trader ultimate control over what the software does. All these factors combined have increased the popularity of Option Robot making it one of the most preferred auto trading software systems in the world even above older and more established software. It is very unfortunate that US traders are not currently being accepted but the developers have given an assurance that plans are underway to include a US based broker in the near future. Licensing and Authorization. As of yet, there is no regulatory or licensing body for automatic trading software which is the main reason why scams and crooks have infiltrated the market and are able to cheat traders with impunity. Option Robot is not regulated under any jurisdiction but that does not mean it is a scam, almost all of the brokers on the site are regulated, some even by two regulatory bodies such as the renown CySEC from Cyprus and the FCA from the UK. So the secret here is not to check Option Robot’s license(s) but to choose your broker carefully because after all, it is the broker who you’re going to deposit your money with. Like many brokers and software, Option Robot is not legally allowed to accept clients from the United States. This is because they are not registered and licensed by the Commodities Futures Trading Commission (CFTC), as this is no walk in the park it is pretty understandable. Features of the Option Robot System. Option Robot, being software doesn’t have any trading platform of its own, instead using the ones used by its compatible brokers, which range from the popular SpotOption to the new and catchy TradeSmarter. Moving on, there is much more to Option Robot which attracted our attention, including While the brokers in the Option Robot system may have diverse asset indices, the robot only executes trades on currency pairs (such as EURGBP, EURUSD, USDCAD and GBPUSD). In this case the software predicts for you which of the given currencies will outperform the other at the close of the trading period. Currency pairs are a great asset type on their own but we feel the site would appeal to a wider audience if the asset index was diversified to include commodities, stocks and major world indices. There are six different indicators that are used to generate signals for trade execution. A trader can choose one, two or even all of the indicators depending on the desired signal quality. The indicators are Trend – As the name implies, this indicator analyzes the general price movement in the market. If the general trend is a downtrend which calls for a “put” option, the indicator generates a “put” signal and the same applies for a “call” signal. 1 RSI – Also known as the relative strength index, the RSI is basically an oscillator undulating between 0 and 100 with extreme levels at above 70 and below 30. For levels above 70, the market conditions are overbought and the price will likely go down therefore a “put” signal is generated. Levels of 30 and below indicate oversold conditions with a high likelihood of an upward movement in price thus a “call” signal is produced. The RSI indicator is very popular and widely used in forex and stock markets, it was introduced to binary options just a couple of years ago. 2 Williams – This indicator, invented by Larry Williams is very similar in overall design and concept to the RSI and it is easy to confuse the two. The Williams indicator is also an oscillator ranging from 0 to 100 with overbought levels at 80 and oversold levels at 20 and below. Normally, levels above 80 shows the maximum price and buyers will not continue buying at the same price and therefore the price will fall. The best option here is the “put” option. At the oversold levels, the sellers are exhausted, with the price most likely to rise, thus a “call” option. 3. MACD – Standing for moving averages convergence divergence, this indicator compares the similarities and differences between two or more moving averages and their past behavior to come up with a signal. High accuracy is often achieved when this indicator is used alongside the trend indicator. 4 Stoch – This is short for the stochastic oscillator which was invented by Dr George Lane especially for forex trading, but who said we can’t use it in binary options too? Being an oscillator, this indicator moves between 0 to 100 to determine the price momentum and velocity in relation to the same asset over a given period of time. 5 CCI – The commodity channel index is an oscillator varying between 100+ and -100 in determining price movements. Generally, strong trends (those above 100) will indicate a continued rise in price which will call for a “call” signal, while weak trends (those below -100) show fluctuations thus a “put” signal is produced. This is however not to say that the price can only move above 100 and below -100, what happens mostly is that price levels tend to average between 100 and -100 with the market quickly adjusting to such. 6. The indicators produce signals from their own analysis which is then transmitted to the trading software at light speed to execute the trade. Note that this only happens in auto trading software and is the main distinguishing factor between manual and automated trading. In manual trading, the signals are sent directly to the trader through text, email or another specified medium and the trader then decides what and when to trade, sometimes the signals may be invalid by the time the trade is entered leading to a loss. So, as a trader you need to be sure of the validity and expiry time of the signal you want to use to avoid entering a trade the wrong way and thus losing your investment. Some of the recent signals. Another important thing to note is that Option Robot has an excellent way of making sure the signals produced are as accurate as they can possibly be. If two (or more) indicators have been selected, they both have to give the same signal result for a signal to be generated and sent to the trading software itself. This means, if you, for instance, selected the RSI and trend indicators, for a “put” signal to be generated they will both have to indicate the same that is, “put”. The same goes for a “call” option. Otherwise for contrasting signals, no signal is generated and consequently no trade is entered into. This is a great way of ensuring the signals are of high accuracy with little margin for error, and maintain the winning rate at 83% or higher. One great thing about Option Robot is that they have a lot to offer in terms of brokers, and it is not all about quantity, all the brokers here are tried, tested and proven to be market leaders in their own way. The list of compatible brokers from which you will be able to choose includes OptionXo Banc de Binary. StockPair CherryTrade. Tradorax Big option. Binary Tilt Binary Book. The list goes on and on, for the full list, visit the website. Simply put, these are some of the best and most popular brokers across the world, with brokers like Banc de Binary and OptionsXO having been in the game for close to eight years now. Sites like Tradorax and StockPair are rising as well and have gained a lot of popularity in the short time they have been around. Whatever the case, true character is reflected by the company you keep, or so they say, and here we can confidently say that Options Robot is in good company. The genius minds behind Option Robot designed and gifted us with three bankroll management systems to give you control over your investments and the degree of risks you are exposed to. These systems, which we are going to call trading systems as per the site, are not that new and they are not presented as such. Traders with some background in Forex or stock trading may have come across these, or systems very similar. The classic system is the simplest and safest system of all, and it’s no surprise that most binary options robots use this system. Generally with this system, the amount invested in every trade is constant, whether the trade is a winning trade or a losing trade. You can’t lose or gain more than you have invested. For older, more settled traders, this is the system to choose. This system holds the most profit potential but also has the highest risks and is mostly recommended for people with deep pockets. With this system, if your first trade was a win, the same amount is invested in the next trade and so on. If on the other hand it expired out of the money, the investment for the next trade is doubled. If that trade is also a loss, the investment is doubled again for the next trade. This goes on until profits are realized which is all a matter of luck. The Fibonacci System. This is the most technical but also the most accurate system. It follows the Fibonacci number sequence where every consecutive number is derived by adding the previous two numbers. The investment amount for a trade is determined by the preceding one, if it was a win, the amount is reduced back to the original figure again. In case of a loss, the amount keeps increasing per the sequence until a hit is achieved. Option Robot offers their traders a demo account, and they ought to. Basically, a demo account is an account identical in design and features to the other real account types and is involved in trading just like a real account. However, with a demo account, you are not required to deposit any real money and thus you are exposed to zero risks. Because of this demo accounts are well liked especially by new traders and, also to a large extent, traders who want to try a new trading platform or software like Option Robot. The presence of a demo account here and all the learning opportunities it presents, undoubtedly appeals to traders from all divides. It is however not as free as it may appear. The fact is, and Option Robot don’t want you knowing this as it will be bad for business, you can only get access to the demo account if you have opened an account with Option Robot and one of their several affiliated brokers. A dark lining to a seemingly bright idea. Nevertheless, signing up is free and you don’t have to make any deposit to get access so that should not stop you if you want to try out the software. Disappointingly, there are limited ways to contact and get assistance from customer care. Email inquiries can be sent to contact@optionrobot. com and a customer care agent will look into your inquiry or complaint and get back to you ‘shortly’. You know very well what that usually means. The other way is to fill the contact form to be found on the site and include your contact details to enable support to get in touch. And that’s all. Well, except that you are advised to first check the FAQ section for the answers before sending the email or completing the form, this is due to the “large number” of emails they receive per day which may force you to wait some time to get a reply. Hearing this, you can’t help but think if only there were other means to get in touch like a phone number or live chat the number of email would drop. Educational materials, or lack thereof. Being for the most part a signal provider and trading system, it would be unfair to burden Option Robot with the responsibility of promoting education to their clients. This is the duty of the brokers, no doubt. However, Option Robot is a new robot and not much is known about its trading process and how to get the best out of it. We expected to find several videos, eBooks and tutorials with more information on auto trading in general and the operations of Option Robot in particular, but we got very little of that. Apart from a semi active blog and the mandatory FAQ section, Option Robot have close to nothing to offer you in terms of education, you are far better Googling information on your own. Pros and cons of using the Option Robot software. The following are the reasons or features that make Option Robot great software you should try One of the ways to know a real and professional broker, especially in the murky waters of binary options, is by having a look at their website. Looking through Option Robot’s site, everything appears nice and well placed. For one there are no (stolen) photos showing moneyed individuals or anything to that effect, which is probably for the best. We all know that most of these pictures are stock images of random people or photoshopped celebrity images picked from some gossip e-mag. Everything on Option Robot’s site is put forward in a clear manner and all the tabs are such that you won’t spend extra effort getting to what you want. There it not a lot of information but at least Option Robot made the effort and took the time to make their site client friendly and decent, and in all honesty effort is always rewarded. If you look through most of the binary options brokerage sites available, you will note one common feature on a large number of them – promises of making lots of cash per day, going as high as $1500 per day. Clearly, that’s ridiculous. As a matter of fact, if that was true we would see an influx of people to binary options and even have one or several legit millionaires who made their millions through trading. The fact that none of that has happened yet shows that all those promises don’t hold any water, and judging by their simple promotional approach Option Robot knows this. The site is admirably short on promises, which we know are false anyway, and instead focuses on how the trader can utilize the system for the best results. Option Robot, different from most of the current trading robot sites, has quite significant information on how to customize the system and the various customizing options available like the trading system and indicators. Add that to the blog and FAQ section and you are sure not to miss out on any information you will need. This shows that the developers actually want you to benefit from the software and have made efforts to ensure that. Option Robot trading software is free and completely web based, you only need a working internet connection to access, register or keep track of your trades. There are no known monthly or annual fees for using the software which needs no download and can be accessed through any phone or PC with internet. This is great news for us who would not pay a penny for software we know next to nothing about. The big let down here is that the system cannot be accessed offline as is the case with the latest software like Binary Option Robot. Be assured that the brokers you will find on Option Robot, as mentioned elsewhere in this review, are top notch and the most used across all auto trading software. When trying to determine if a trading robot is reputable, we look at the caliber of the brokers they offer and we can truly say that Option Robot has passed this test. The following facts about Option Robot will make you a little more cautious or may even put you off altogether, it’s your call really. As much as we are intrigued by the amazing features and awesome signals, the bottom line is that Option Robot is relatively new to the market. The claims remain largely unsubstantiated which makes Option Robot rank a bit lower in our preference list, giving way to older and more proven trading software. However, looking at it from another angle, this is as much a blessing as it is a curse. For one, the lack of a proven, or unproven record raises curiosity and makes more people want to try it out, which is free anyway. Either way, a track record is important as not everyone will gamble with their money. Perhaps the single most disappointing thing about Option Robot, with all its pros, is the fact that it trades only in currency pairs. This is surely going to turn away the majority of traders who prefer other types of assets like commodities, indices and stocks. We agree and commend the team behind Option Robot for specializing in a niche but this is not the area to try it for a new and growing firm. It has been proven time and time again that, all other factors observed, traders will most likely use the asset index of a broker or auto trading site as a basis for differentiation. Furthermore, international traders would be more interested if their local indices or stocks are available. In what is a very bad business move, to sign up with Option Broker you will need to open a new account. That is, after signing up on the software, you will be required to select your preferred broker and open a completely new account to start trading. This means in simple language that if you have an account with one of the listed brokers, it will not work with the software as it will only accept broker accounts opened through its portal. On the flip side, new or experimenting traders will be fine with this. We can’t judge them, as it’s all a matter of personal preference but we speak for the majority. Whether due to ignorance or omission, we just can’t quite understand why there is no information whatsoever given on the parent company or developers of Option Robot at the bottom of the page as is usually the case. This is sure to raise some eyebrows especially with the hawk-eyed and curious traders who have predilections for the nitty gritty. For starters, there are some questions that arise here. What do the developers have to hide? Most importantly who are the developers and what are their intentions? For now, those questions and many others remain unanswered, for how long only time will tell. Opening an Account and Getting Started. If after reading all that and weighing the pros and cons you decide to sign up with Option Robot, the process is as simple as just giving a few personal details – name, address (both physical and email) and that’s it. As a requirement, you must select the broker you want your trades to be linked to. You will be redirected to the broker’s sign up page where you will complete the registration and make the initial deposit, the minimum of which depends on the particular broker. However, as a guide, all the brokers will require a minimum of at least $250. These deposits can be made through bank wire transfer, credit or debit cards, or using various other available online payment systems like Skrill and MoneyBookers. For bank wire transfer, you are advised to check with your bank on the charges beforehand to avoid any misunderstandings. After setup, to start the auto trading process, click on the ‘Auto Trade’ tab and the software will know what to do next. For a better experience, customize your trading options by going to ‘Settings’ and follow the prompts to select, change or remove indicators, set your investment amount per trade or select the trading system you want the system to follow when executing trades for you. With this, you are all set to go. Correction the robot is all set to go for you! You can rest comfortably and check in after some time to collect your earnings. It is rare to see software with this kind of freedom in customization and you have to give props to the (presently) anonymous brains behind Option Robot for the idea. For the traders, they will surely love the fact they have control over the software and not the other way around, as is the case with most of the backstreet and substandard robots in the market. Possible setting for each option robot broker. Reviewing Automated Trading Software. Everyone loves little extra and the love multiplies when it comes to making extra money. The financial instrument trading provides a great opportunity to make that extra money and with the advent of Automated Trading Software, you can make that little extra even with little efforts. Currently, there are several automated trading software available which caters to a variety of assets trading including stocks, currencies, and the binaries. In laymen’s terms, the automated software is nothing but a software algorithm that is able to trade on behalf of you with given set of settings. The automated software needs to be connected with the trading exchange or a trading platform to execute the trades. The right platform with an automated software executes trades on behalf of you which include identifying the underlying with a high probability of winning, placing an order, and closing the trade. This automated trading software allows you to set specific rules and from thereon, they execute the trades according to the set parameters. The trading happens in a real-time and is often quicker than the manual trading, allowing you to have higher winning percentages. The designated software can be used for a variety of assets including stocks, indices, currency pairs, and commodities. What To Look From an Automated Trading Software? While signing up for an Automated Trading Software, you should look out for certain things and conduct a thorough research before you commit yourself with real money. Almost all the Automated Trading Software are available through the web browser and it does not require you to download the software. The Automated Trading Software should be compatible with your preferred broking partner otherwise it will not make sense. The professionally developed software are designed to give you ease of access and ease of trading to cater to beginners as well as the seasoned professionals. The software should be able to provide complete transaction control and it should operate on the specified parameters. The most important aspect of the research on the Automated Trading Software, is to go through online reviews and blogs related to binary trading which provides unbiased opinions on various software and brokers. As the trading is carried out for making a revenue stream, you should look out for any hidden cost associated with the Automated Trading Software, its winning ratio, and its association with the well-regulated brokerage house. In order to support you in your research on various Automated Software, our website can be a very useful resource as we conduct reviews of brokers and software on regular basis as well as update them frequently with the latest update to provide you up to date information. Spend sufficient time to research the most suitable Automated Software which best fits your requirements. Following table provides you a bird’s eye view on five Automated Trading Software which are topping the charts. Automated Trading Software Review Table. Option Robot Automated Software. CLICK TO ENLARGE IMAGE. The Automated Binary. CLICK TO ENLARGE IMAGE. CLICK TO ENLARGE IMAGE. Benefits of Using The Automated Binary Software. Investment in the Automated Trading Software offers several distinct advantages over a manual trading. It not only shortens your learning curve it also helps you to use the expertise of the professional traders to your benefits. The Automated Trading Software provides you to spend less time on trading and more time with your loved ones. The following text enlists some of the key benefits of the Automated Trading Software in the binary trading. Allows you to automate your trading The most prominent advantage of the automated trading software is that it literally allows you to earn profits while you vacationing with family. It is a well-known fact that trading can be a profitable business, but our busy lifestyle doesn’t give enough time to learn, evaluate and executes the trades. Trading requires an up to date information regarding the market, the underlying, and other factors to make it a profitable business. Even though the trading is considered as a profitable business venture, the shortage of time makes it even difficult to try. With 5-minute settings on the automated software, helps you make trading as a revenue generating stream even without spending too much time on it. This is one of the prime advantages of using the automated trading software. Make profit from the beginning Newcomers are required to spend considerable time and energy into learning the technical and fundamental analysis in order to be a successful trader. The process of learning these aspects can take several years to master and this makes it even more difficult for the beginners to taste the profits. By investing in the Automated Trading Software, you can avoid this long and painful process. The automated trading software allows you to utilize the expertise of the seasoned professionals to your own advantage and make winning a habit right from the beginning. Emotion free trading The trading requires lots of perseverance and practice to excel, however, the traders get carried away by hunches and own feelings. Traders tend to develop a strong feeling about a particular underlying if they have made profits on few trades in that specific underlying. This makes them trade that particular underlying again and again until they finally get trapped and make huge losses. So, a successful trader can only become successful if he is able to remove emotions from his trading. The automated trading software once set, completely removes the emotion part out of the trading and consistently executes trades on several underlying. This way it helps to keep a safe distance with the emotions while trading. Can trade without tiring Trading is very exhaustive and also can be very tiring after a certain period. The binary options trading also takes a considerable amount of time of the trader, creating a work-life imbalance. The trading software also helps in this scenario, as it is inhuman to all-day trading and can provide you with a spare time to spend on your favorite activity. The robot doesn’t get fatigued from long working hours, and hence able to trade for long hours. Able to track several assets at once The trader trading for one hour a day will lose several opportunities presented in the remaining 23 hours. An automated trading software working on behalf of you will be able to track several opportunities at once and will be able to make rational decision to place trades on the probable winning opportunities all day long. Overall, the automated trading software takes the rules from the human brains and translate them in the algorithm which can consistently perform on a set of parameters without tiring and without carried away by the emotions. The automated trading software makes the life of a trader easier and more enjoyable. After completing the registration and set up process, it will be time to enter your first trade, with the help of the robot, of course. Being fully automated trading software, Option Robot receives the signals from the indicators and immediately uses them to enter a trade without any signal being sent to you. That is the reason they are called auto trading systems or robots. The minimum investment per single trade is set at $5 to make it easy. In all honesty, despite a few hiccups here and there, you can’t argue with the fact that Option Robot is one of the best binary options robots in the market today, and it has the potential to do even better. Get the automated option robot trading software for free by clicking on the button below and learn how you can make money while you sleep!
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