Binary Option Robot, is it a Scam?
Details
Broker | Binary Option Robot |
---|---|
Website URL | www.binaryoptionrobot.com |
Free Demo Account | Open Demo |
US Traders Allowed | |
Overall Score | 9.2/10 |
Full Review
Real Results |
The Binary Option Robot is a fully automated trading solution perfect for traders with various levels of proficiency who are looking for a professional binary options trading experience that is also safe and flexible.
To use the Binary Option Robot you don’t have to download and install any software and since it is entirely web-based you can also trade from your mobile device no matter where you are as long as you have an Internet connection. Probably the most important among the many advantages of the Binary Option Robot is its flexibility since it allows you to trade various assets, including currency pairs, stocks, commodities and indices, using different strategies at the same time thus spreading risk across many instruments. The auto trading system gives traders the opportunity to customize the settings according to their preferences, which enables them to determine the level of risk they are willing to take and achieve optimal profits with the amount of money they have invested.
In addition to the auto trading software, the Binary Option Robot provides signals as well. They are based on the calculations of an advanced trading algorithm, which processes massive amounts of historical data and predicts the movements of asset prices. As with all other features, here you have a range of options as well. You can choose from 3 signal sources − Pro Trader Katrina, Pro Trader Mircea and Pro Trader Sergiy.
Verified Trader |
How does Binary Option Robot Work?
In order to start trading with the Binary Option Robot you have to register, which only takes a few minutes. After you provide your contact details you can select the currency you would like to use choosing among USD, EUR, GBP, AUD and CAD. Traders could start with a minimum deposit as low as $200 depending on the broker they decide to trade with and fund their account via various payment methods such as credit/debit card, e-wallets or wire transfer.
Then you can proceed to setting up your preferences. For your convenience there is a simple instructional tutorial you can follow and in case you need more clarification, you can replay it any time you want. One of the best features of the Binary Option Robot is that it enables you to set the level of risk you are willing to take by selecting one of 4 risk levels for the trades executed on your behalf: Low, Moderate, Medium or High. That gives traders unique control over the trading process and is especially useful for beginners – it allows them to learn how to trade binary options and gain experience without making bad mistakes and losing all their funds.
Easy to Use |
Once you set all parameters, the software starts trading automatically according to your preferences and keeps working even if you are offline, which means you don’t have to monitor the markets all the time while still enjoying a profitable trading experience. Furthermore, you can change your settings whenever you want without any limitations.
Binary Option Robot Pros and Cons
Pros
- This fully automated trading solution is perfect for, but not limited to, traders with little or no experience.
- No download is required and you can trade using any computer or mobile device with an Internet connection.
- The sophisticated software has an easy to understand and user friendly interface.
- Traders can choose from several reliable signals sources updated in real time.
- Settings are highly customizable, which gives traders the needed flexibility to achieve optimal results.
Cons
- Even with accuracy rates as high as more than 83%, occasionally some signals might be incorrect.
Binary Option Robot VIP Account
With the VIP Account at Binary Option Robot you can get access to the upgraded version of the Basic Account with added extra features for better trading results. One of them include Risk Level Settings where you can choose the risk level of the signals that you receive.
You can get a VIP Account by referring a friend and you will both be rewarded with two months free access. For each friend you refer you will get extension of the free access period.
Binary Option Robot Results
The Binary Option Robot provides traders with all the tools needed to accomplish optimal results from binary options trading. Because of the various factors influencing asset prices it is impossible to predict with 100% certainty all market changes, therefore the 83% and above average winning rate offered by the Binary Option Robot is excellent and fully realistic.
Trusted Signals |
The automated trading feature combined with the versatility that the customizable settings provide and the control over risk levels, make this robot a great choice for both novice and experienced traders and enable them to achieve the best possible returns on the investments they have made.