The internet is infiltrated with binary options trading robots that claim to be the best of the best. With so many options available, how does one tell the good guys from the bad?
Binary Option Robot is a trading system that claims to offer a lot of unique features for both new and experienced traders. We took the time to review this system to see if they measure up. In our Binary Option Robot review, we will give you the truth about trading system.
What is Binary Option Robot?
Binary Option Robot is a fully automated trading system that boasts to be one of most reliable and profitable trading systems available on the internet. They have a long list of trustworthy and regulated brokers and have been around for over 2 years now. We feel that this fact alone proves that they are reliable. If they were indeed a scam, they would have been shut down quite some time ago.
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How Does It Work?
Binary Option Robot uses a set of complicated algorithms to analyze trading data and generate trading signals for profitable traders. The system will then initiate trades on behalf of the trader. The system is user-friendly and offers a variety of settings and parameters so it is recommended for experienced traders as well as those who are new to binary options trading.
Do I have to Pay to Use the Binary Option Robot trading system?
There is no membership fee to join Binary Options Robot. However, like with any other system you must make an initial deposit to have access to the system. You will be able to immediately use these funds for trading. One of the great things about this system is that they have a minimum deposit as low as $200. This does vary by broker, so make sure you are aware of the required deposit before you commit to a broker.
During our initial experience with Binary Option Robot we found many features that gave us a good feeling about this service. They have a variety of account options inducing a VIP Account, which offers additional features. It’s easy to get a VIP account; all you have to do is refer a friend. You and your friend will be given 2 months of the VIP account membership for at no cost. Then for each additional friend you refer to Binary Option Robot, you would get an additional free month on the VIP level.
There are many education tools and features available with Binary Option Robot. We find this extremely beneficial for new trades who are looking for some guidance, as well as seasoned trades looking to step up their trading game. One of the best features of this system is that they offer a wide variety of payment options including wire transfer, credit card, e-wallet and debit card.
Binary Option Robot offers a wide array of trading options. They offer 5 different training sources:
- Pro Trader Mircea
- Pro Trader Sergiy
- Pro Trader Katrina
- Pro Trader Liberty
- Pro Trader Avangard (you must register with two brokers to use this signal service)
With Binary Option Robot you are able to trade with 4 different levels of risk which include: low, moderate, medium and high. This is beneficial for beginners as they can trade with the confidence knowing that they will not lose all their funds by taking high risk trades. Some of the other features on this trading system include the following:
● Reverse trading
● Max daily trades
● Daily stop loss
● Trade amount
How to Get Started?
It is extremely easy to get started with this trading system. All you need to do is sign with one of their brokers, of which the vast majority are regulated. This means that they are kept in check by a governing body so they are able to be trusted, thanks to checks and balances set forth by the regulating body. Once you have registered with a broker, you must make the initial minimum deposit (which varies by broker) and then you can easily set your trading parameters and start trading. If so desired, the system will automatically generate trades on your behalf.
Once you start earning money, you can easily withdraw your winnings, provided you follow the guidelines determined by your broker. Again, these vary by broker, so be sure that you are aware of these procedures from the start.
With all of available resources and tools traders are given with Binary Option Robot as well as the sophisticated trading algorithms, traders are guaranteed a success rate of around 83%. As always, we need to remind you that there is risk involved with any type of trading. However, this system will help control that risk giving you an exceptional chance of earning a decent profit.
After our detailed and extensive investigation of this trading system, we can strongly recommend Binary Option Robot. Their customer service is extremely helpful and professional. They answered all of our queries in a timely fashion. We have seen nothing but positive results from this trading system.