BinaryOptionRobot is a fully automated cloud based trading software that can place trades on your behalf without you sitting in front of the computer. The signals it generate is quite effective and the average win score rate is about 72%.
The trading signals are generated via a sophisticated algorithm system that takes into account factors such as history market data, and the latest market trends. Once it has perform the analysis, it will generate the trading signal and tell you whether you should select Call or Put.
The BinaryOptionRobot automated trading software is supervised by a group of professional traders. The group of professional traders also write tutorials and create signals listed on the history page.
Auto Trading Robot
If you want the trade to be placed automatically, you must turn on the Auto Trading Robots feature. It is not mandatory to turn this feature on as you can manually place the trade on your own if you want.
This is good for traders who don’t know how to analyze the market as the software will place trades automatically even when you did not enable your internet connection. If you turn on the Auto Trading Robot feature, it will execute the trade based on the trading signal.
Turning on the signal generators feature will give you binary options trading signals. The developer constantly launch new updates to address bug issues and add new features into the software. Last year, they have added new trading signals for companies such as S&P Futures and Dow Jones.
They also added new trading signal sources from Pro Trader Michael and Pro Trader Liberty into the software. Some of the signal providers accessible to VIP members are Pro Trader Mircea, Pro Trader Sergly, Pro Trader Katarina, and MT4 Algo.
Customizing the Trading Settings
You can customize all aspects of your trade in the robot including asset type, trade size, trade losses, and maximum daily trades. If you are a VIP members, you will be able to adjust the risk level for each trade. There are 4 risk levels VIP member can select when customizing the automated trade. There is also a reverse trading option that allows you to reverse the trading signals when you notice that the professional trader you follow is losing more than he is winning.
The returns you will earn depend on the broker you choose, for example, choosing to trade with Banc de Binary will give you a return of 81%.
BinaryOptionRobot can work with all the major brokers such as 24Option, Bloombex Options, Cherry Trade, RbOptions, Banc de Binary, and Tradorax. The brokers listed on the software are top rated brokers regulated and licensed in the EU. It is safer to trade with a regulated broker as these brokers are required to adhere to a set of strict guidelines in order to obtain the license.
New Account Registration
There are two types of accounts which are standard and VIP account. VIP account gives you access to the premium features in the automated trading software and enables you to earn a higher ROI rate. When you first sign up with BinaryOptionRobot, a representative will call you to teach you how to set up your account.
If you have any issue in using the automated trading software, you can contact the customer support team via the online web form. There are step by step instructions on how to use the trading software. The automated trading software is compatible with Windows, Mac OSX and mobile operating system platforms.
There is no need to download any software as you can access the trading robot software from your browser.
Before you can start using the software, you must first make an initial deposit. The initial deposit varies across different brokers but it is recommended that the first deposit is at least $500. If you haven’t decide on buying the software, you can sign up for the free trial version.
The free trial version can only be used for a limited time period and it also have limited features. Some of the features of the free trial version are 3 types of trading systems, execute simultaneous trades, and 2 types of currency pairs.
Is BinaryOptionRobot a good auto trader?
In conclusion, BinaryOptionRobot is a good automated trading software that generate quality trading signals to increase your chances of winning. There are many options for you to customize your trade and they constantly update the software to improve the user experience.