Option Robot Review – Best Binary Auto trading System

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    1st Place! Best Binary Broker 2020!
    Best Choice for Beginners — Free Education + Free Demo Acc!
    Sign-up and Get Big Bonus:

  • Binomo
    Binomo

    2nd place! Good choice!

Robots and Automated Trading

The use of binary options robots – “bots” – and other automated trading software and apps has exploded in the last few years. Here we explain how a trading robot works and review the top services 2020, and list what you as a user need to know and look out for. We also show where to get a robot demo account to trial the service, and teach you to use auto trading software and tools.

The best auto trading service for you will be down to individual choice, so read on to get all the facts.

Top Robots and Auto Traders

BinBotPro Choose among 20 robots and compare them on past performance. Activate automated trading in only 3 steps. » Visit OptionRobot Free to join with flexible settings including indicators, expiry and methods. » Visit AutomatedBinary Free demo account and options for money management and algorithms. » Visit Nadex While not strictly automated, Nadex can use open orders and stops, so orders can be filled without the trader being online. » Visit

How an Auto Trading Robot Works

Robot software and auto trading algorithms combine a signal service with automated trading. So the software will attempt to identify profitable trades, and will then place the trades automatically. This automated element takes signal services a step forward, and actually place the trades as well – rather than leaving that to the trader. These systems will have differing levels of risk management – from stop losses, to daily fixed spend limits. The automated element however, does increase the financial risk for traders overall.

There is also a growing trend for brokers to provide their traders with the ability to configure their own ‘bots’ or automated trading systems. These tend to simplify the the process, letting traders “drag and drop” technical indicators into their system. The best bespoke robot features also allow traders to run their robot in a demo account, in order to trial it risk free.

Brokers are keen to promote robots, because they create higher trade volume, and therefore reduce risk for the broker. They can be a great tool for traders too – but as ever in binary options – any promises of profits are an immediate ‘red flag’. Robots, like binaries themselves, need to be fully understood before use, and they are not a route to guaranteed profits.

Will a Robot Make You a Better Trader?

Sometimes. Trading robots will have swings, just like any other trading method. Likewise, the settings by which the robot is operated, might become less (or more) effective over time. So they will need to be constantly monitored for performance.

Automated trading without doubt increases risk – and binary options are already a high risk investment vehicle. But an automated bot running unchecked could rattle through a large number of losing trades, particularly where a news event impacts the market. An event that might make a human trader step back from the markets, is not going to stop an automated robot.

This extra risk can be managed to some extent. Many robots will have daily loss limits, and overall limits. They can also be set to stop if a certain level of profit is reached. Traders need to be aware of all the pitfalls however and treat bots with respect.

Reviews of Auto Traders

Binary Bot from Binary.com

Binary.com also offer the facility to design and run an auto trading robot. Long the broker for advanced traders, Binary.com now offer a range of ‘advanced platforms’ – one of which includes the Binary bot platform (Screenshot below).

This platform gives traders the ability to put together an automated trading system. As might be expected from this firm, the feature offers more depth than some of their rivals – again appealing to advanced users. The criteria available for putting together the algorithm offer greater choice than elsewhere. The process allows extra layers of complexity to built in, enabling users to get very specific about their trade ‘triggers’.

Binary Bot follows the Binary.com look and feel, which is fairly unique. The visual ‘fluff’ has been trimmed back, and replaced with more features and usability – typical of the brand. Read more about the platform in the Binary.com review.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    1st Place! Best Binary Broker 2020!
    Best Choice for Beginners — Free Education + Free Demo Acc!
    Sign-up and Get Big Bonus:

  • Binomo
    Binomo

    2nd place! Good choice!

Other Auto Trading Software

Auto trading software does require a small manual element in setting up, but once that is done – as the names suggests – the trading is automated. This form of trading is generally very similar to robot services. A trader using automated software will first setup the software based on the type of trading they are interested in. So the level of investment, the type of assets to trade and the level of risk. Once configured, the software can be left to place trades based on the settings given.

Signals – Essential to Auto Trading

In theory, signals and automated trading are similar. The difference being that when auto trading software spots a signal, based on data analysis, it will open a trade. A signal provider will simply highlight the trading opportunity, but leave the actual opening of the trade to the user.

Automated software therefore, generates signals based on the algorithms it uses, and will open and close trades based on those algorithms.

Copy Other Traders

There are also services that will allow trades to be opened based on a real-life binary options trader. Providers will offer a list of live traders, and publish their results. Users of the platform can then decide to copy those traders – choosing levels of risk and investment to suit their own needs. This kind of “almost auto trading” is called copy trading.

Robot and Auto Trading Scams

The automated nature of this style of trading is fraught with danger. If ever a trader hands control of their trading over to someone else, the level of risk grows hugely. Our scams page details some of the red flags to look for (including a list of scam services), but auto trading in particular attracts a lot of scam operations. Here are a few reasons why:

  • Novice Traders – Auto trading software is often aimed at novice traders, or people who do not have the time or knowledge to trade themselves. This group is perhaps easier to mislead, and they are therefore targeted.
  • Easy to blame the trader – Linked to the first point. Dishonest providers will simply say the software was misused, and therefore not at fault.
  • Control – If traders have put someone else in control of their trading, it is very easy to simply say the money was lost trading.

Warning sings of a scam will include a lack of transparency (results that are not verifiable), forcing users to use a particular broker, and the most obvious – the promises of guaranteed or very high profits. If it was easy, everyone would be doing it. Tread very carefully if proceeding with auto traders. The risk of scams is considerable.

2020 Best Broker

Features

Min Deposit
Min Investment

2020 Best Robot

Features

Min Deposit
Min Investment

Best Binary Options Robots: Binary Robot Auto Trading Software – Binoption

Binary Options Robots and Autotrading Software have helped thousands of traders to invest in trading more efficiently. Bringing approximate 80% of profits by using binary option robot is possible. On the other hand, each Auto Trading software has unique and interesting trading features.

Trying all auto trading binary robot is quite impractical because it’s hard to find free binary option robot. Moreover, we found that some people are confused to trade Binary options for lack of proper knowledge, improper market analysis, trading asset values, and others.

Reality is, binary options trading is easy and simple to understand. For its unique characteristics, binary options are a popular choice for low-skilled traders.

Binary options auto trading came at the market as a blessing; not only for busy traders but also for others. However, before entering into the financial marketplace, you should have a basic concept of what is binary options trading.

Similarly, we suggest you know the profitable ways of binary trading to minimize the trading loss. At the same time, it is a dream for every trader to find out a perfect and profitable automated trading that guarantees profits.

Here, we will recommend you the best binary options robots and auto trading software that is web-based, trustworthy, and support a good range of reputed brokers.

Binary Options Robots & Auto Trading Software Comparison

Mobile Trading: No

Download Require: No

Mobile Trading: yes

Download Require: No

Mobile Trading: No

Download Require: No

Mobile Trading: No

Download Require: No

Demo Account: No

Mobile Trading: yes

Download Require: No

Mobile Trading: No

Download Require: yes

Demo Account: No

Mobile Trading: yes

Download Require: No

Demo Account: No

Mobile Trading: yes

Download Require: No

What Is An Automated Trading Software?

Automated trading software or auto trading robot is a program which generates trading signals depends on the daily market analysis. The trading signal will help you to decide whether to buy the trading instrument or not. The advantage of using an auto trading robot is it will execute trades on behalf of you.

Mostly, traders get trading signals in two ways. One is generated by a human, and another by an automated robot. Algorithmic trading automatically generates orders based on the trading strategy. It also will help traders to select which underlying asset is better for future investment.

Moreover, the trading process can be done by fully automatically or semi-automatically, depending on what type of robot software you are looking for.

On the other hand, an auto trading bot allows you to trade when you are not in front of your computer. You need to set or program your bot according to your preference. However, it is wise to analyze the trading market before creating a bot.

History Of Automated Trading Software / Robot

Algorithmic trading is a method to enter into the financial market. The program will execute trades based on the pre-set rules.

As per history in 1949, Future INC. was launched by Richard Donchian. And the Automated trading system was originated bt that time. Under those financial market circumstances, he set rules only for buying and selling funds.

In 1980, the famous trader John Henry started using the same strategies via an automated trading robot. The concept of rule-based trading become popular from then.

After that, the automated trading software has been used by many brokers and financial managers. The system has been improving day by day, after launching the first service in the free trading market in 2008. Significantly in 2020, more than 75% of stock shares are traded from automated trading software orders. This revolutionary happened in the United States exchange.

How An Automated Trading System Works

It is not wise to expect that all binary options auto trading software will give you the same features and services. Each automated trading robot works differently from the other one. But, most features remain the same, such as type of trades, trade volume, minimum trade, the maximum amount you can lose per day, etc.

So, these sorts of services enable traders to control the portfolio trade by themselves. The trustworthy binary options robot performs the activities of most basic to advanced things.

The software works based on a sophisticated trading algorithm. The algorithm helps an auto trading bot to compare trading data with previous years data along with currency market analysis. Similarly, a trader can also analyze the market movement to set the robot setting. Based on the strategy, the robot will place trades. So, in that case, you don’t need to depend on the pre-set robot settings.

The trading robot generates professional data to help traders. Traders will not able to start the system before depositing an initial amount. On the other hand, a few robot software offers a demo account for traders, so that you can backtest the platform before depositing money.

An automated trading platform requires to connect with the broker’s platform. You will find a list of supported brokers on the robot website that you will choose.

The initial deposit amount depends on the robot. However, the minimum amount is $250 for most of the software that works in the trading market.

After setting the program, the auto trading robot will continuously monitor the financial market and execute trades. You can also download the platform in your computer or other trading devices. However, it is not required for all trading robots.

When To Use An Automated Trading Software

Generally, traders use an automated trading robot to execute trades faster. To make a profitable trade, it is mandatory to analyze the current trading market situation.

In binary option, investors need to predict the future price of an asset. All of these require basic knowledge and the understanding of valuation determinants.

Expert traders and analytics sometimes use some technical terms to represent the market value of any asset. To represent the value, traders use different trading tools, graphs, and indicators.

Not only in the Binary Options Trading but also, the process is similar for all trading types. There is no particular time to trade with binary options trading bot. But, it is wise to avoid trading in the High Volatile Market (3Bull) .

To slow down tension, experts brought binary options auto trading software in the market. The simplicity of auto trading software is that it performs all chores by its own and trade.

But, our recommendation to check the market manually based on the economic calendar and then set your bot according to a perfect strategy.

For its tremendous benefit, binary options auto trading software is getting popular among traders. We support fully web-based binary options auto trading software which works fast and smooth.

Binary Option Auto Trading Review 2020

Binary Option Auto Trading is an online trading software. The automated system uses robots and software to trade on the binary account on your behalf. They claim to have over a thousand clients from all over the world.

Binary Option Auto
Trading Review

The service allows traders to trade cyptocurrencies, currencies and many other assets provided by your binary options broker. Despite the system being established not so long ago, the vendor claims to have a long history of success. They believe it has expanded quickly because of the positive change they’ve had in the financial market. They want traders to relax and wait to expand their bank accounts in no time.

In this review today, we will analyze all of these claims, tell you how it works, and whether or not you should sign up.

How to Open a Binary Account

Opening a binary options broker account is free and it involves three steps as follows:

  • You will be prompted to submit your personal information such as your full name, phone number, country of residence etc. You will then create your account password.
  • The next step involves choosing your preferred broker. The online platform offers various brokers for your display to choose from. While choosing your preferred broker, you should know that every broker is not supported by every country. You can use Binary Cent, HighLow or IQ Option.
  • The final step is to deposit money in your binary account through the credit card.

After a successful registration, you can start to trade
immediately. You will also receive live trading signals. You will have
full-time access to your personal dashboard where you can change the trading
settings according to your taste.

Binary Option Auto Trading Advantages

The Binary Option Auto Trading automated software has several benefits that are favorable to the traders. Keep in mind these are claims from the vendor, see here:

  • The platform offers a safe and secure trading platform for its traders.
  • It is a reliable trading platform.
  • As a member of the binary options auto trade, you can trade anytime you want.
  • The online trading platform has over a thousand accesses from all over the world.
  • The registration process is free.
  • Every new trader is treated as a VIP and will receive free VIP services.
  • You will have a maximum of 10 trades per day.
  • The customer care services are excellent and timely.
  • The online platform has an average win of 86%. (unproven)
  • As a new trader, you will have the opportunity to work with qualified brokers.
  • The minimum deposit amount depends on the preferred broker you choose. It can range for 200 USD-250USD. Once you deposit the money, the platform safeguards it, whether hard earned or not.
  • The broker will trade a maximum amount of $25 per day.
  • As a new trader, you do not have to download the binary options software for security risk measures. The software takes care of the trade on your behalf. However, you will have access to your account 24/7 with accurate updated information.

Binary Option Auto Trading Features

Just like many trading software, binary options auto trade has different features that enable traders to trade successfully.

Dashboard

The dashboard gives each trader an option of changing the settings such as the broker’s dashboard password. You will also have different personal dashboards for each broker if you choose several brokers. At the dashboard, you will see your account balance, trading settings among other things.

Trading Settings

In this feature, you can gain access to the broker’s account
information. You can also stop or restart your trading activities. This feature allows you to take charge of how you want to trade and with whom.

Trading Options

Just like the name suggests, it offers the traders three options that include daily stop loss, trade amount, and maximum daily trades. The traders will be able to control the daily losses that are inevitable. The platform also allows the traders to control their daily trade amount as well as the amount the brokers will use to trade.

Asset options

Here, the trader can choose the favorable asset they want. However, the asset depends on the type of broker you choose.

Signal Provider

There are seven signal providers available at your disposal for the traders to choose from; they include Euro Trader, US Trader, World
Trader, Pro Trader James, Pro Trader Lennon, Pro Trader Lisa, and Pro Trader Andre.

They don’t give us any insight into how each of these traders are approaching the markets.

The Customer Support System

The binary options trading platform has excellent customer care support. They are friendly in a professional manner. They ensure the customers get quality support and in a timely manner.

2020 Update, Trading Results

Despite being on the market for some time now, there still aren’t any verified trading results anywhere. The website has a section of the page with a bunch of names scrolling, and their trades, but this could easily be fabricated.

The same can be said about their testimonials.

There are simply no results, or any traders in the market,
claiming to be having good results with the software.

Conclusion

Binary Option Auto Trading is an interesting software, but not one we would recommend to our clients. They have no strategic analysis, no trading results, and that’s just not acceptable.

There’s no reason to sign up with a system, that can’t
provide the basics.

If you have anything you would like to add to the review,
comment now.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    1st Place! Best Binary Broker 2020!
    Best Choice for Beginners — Free Education + Free Demo Acc!
    Sign-up and Get Big Bonus:

  • Binomo
    Binomo

    2nd place! Good choice!

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