Binary Option Auto Trading Robot Review.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Good Choice for Beginners!
    Free Trading Education, Free Demo Account!
    Get a Sign-Up Bonus Now!

  • Binomo
    Binomo

    2nd in our ranking!

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).

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Good Choice for Beginners!
    Free Trading Education, Free Demo Account!
    Get a Sign-Up Bonus Now!

  • Binomo
    Binomo

    2nd in our ranking!

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.

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.

Automated Trading Software

It’s not impossible to master binary trading, and like anything else, the more you put in, the more you will get out. To become good at making money, you’ll need a great broker, time and some patience. For some people investing this time is not an option, and you never reach your true potential.

Enter the robots! We don’t mean physical machines that will sit at your computer and trade for you but binary options robots that come as part of pre-programmed software. This software uses complex mathematical algorithms to examine market data and then uses this data to trade with highly profitable and low-risk results.

Different brokers allow the use of different robot software, and once you have opened an account, you’ll be able to view all the compatible brokerages for that provider. You don’t need to worry about who to choose. We have done the hard work for you and recommend brokers based on who offers the best trading experiences.

In this article, you will learn:

    What binary option trading robots are The benefits of the best trading software How you can make more profit using them

How Robots Save Time

The mere thought of downloading, installing or setting up a software programme may leave you feeling like it is time-consuming and complicated. You will be surprised at how simple it is and how much time it will save you in the long term. Here are a few simple steps that will have you trading automatically within no time.

Choose a Robot Service

While you can spend hours carrying out research looking for the best robot trader, you probably don’t have the time. That is where our list of recommended services will save you a lot of time that you can spend trading. All you need to do is choose the one for you.

Download The Software

Many brokers or software providers will require you to download the software. On a mobile, this may be as simple as downloading the app. You can access some robot trading software via a browser.

Sign-up With a Broker

In addition to the free binary robot software, you will need to get a real account with a broker. The software will normally recommend binary options brokers to open an account and deposit with.

Programme The Software

We don’t mean that you need to be a programmer to operate the software, but you do need to tell it what you want. Set your technical indicators which will include your investing limits, frequency etc. then leave the rest to the auto trader software.

Sit Back, Relax And Enjoy

That’s it. Now you are trading without doing anything. You can carry on with your business and leave the rest to the robot. Just check in now and again to see how your trades are doing and reset the parameters if you need to.

Using a binary robot also removes the anxiety you might get from trading. When you place a trade with an expiry time of an hour sometimes watching what is happening can put the trader through a range of emotions. By using this, you can check in every so often to see how you are doing rather than being glued to the screen for each trade.

Trader Broker Asset Profit

How Binary Robots Work

The robot trading software is something that you download to your computer or another device once registered with a broker. A download is not always required; sometimes you can start using them online via a website. Investment using this method is known as automated or auto trading and is used by “auto traders” that want to free up their time and increase their success rate.

Like any computer, the capacity to research, consume and analyse data is much higher than the human mind so the machine can process all the data much quicker than any human being without emotion or instinct. By using this process, more information is gathered at a much quicker pace allowing for more effective, profitable trades using an array of automated trading systems. The capacity to trade becomes much more and the number of successful trades increases.

Why then, wouldn’t anyone want to take advantage of this help? To begin using the automated trading software you need to choose a service that is compatible with your broker and start using it. To help you select your provider we have researched hundreds of them across the world to bring you the best and offer up our advice on who you should trade with saving you both time and effort.

Some traders prefer to keep control over their trades rather than giving everything over to the robot, and this is where trading signals can be a viable alternative. Trading signals are services that provide advice and information on which trades to make. You still need to make the trades yourself, so you remain in control but the advice on what trades to place is given to you. It’s great for people who might not be good at reading the markets, depending on if the service you use is good, of course.

Benefits of Automation

    Save valuable time. Binary trading robots have a far higher capacity for information than the human brain Execute more successful trades. Using the trading system to gather much more data makes the trade more reliable Trade without any emotion. Remove the “gut instinct” element and control your trade amount Allows you to carry on with other things. You don’t have to spend so much time in front of a computer or on your phone and can carry on with your life while still making money Less knowledge needed. You don’t have to study the markets, trends, assets etc. or become an expert to be successful It’s free or low cost to use once registered with a broker and doesn’t always require a download Software helps with money management. Increase win rate = more money = greater profits Test them with both a virtual or free demo account Anyone at any level can use them whether a binary options trading beginner or expert

There are some “scam robots” where the purpose is to con the investor out of their money, and they don’t work. There are tell-tale signs that you should watch out for as to whether a service is legit or not. These include no contact details for customer support, consistently bad reviews, a short operating time and only a few assets available.

This software uses complex mathematical algorithms to examine market data.

How to Find Legit Software

Some unfortunate investors aren’t always able to spot online scams and can lose a lot of money when they should have been making it. Before they notice there is anything wrong they could already have made many trades. There are things to look out for to try and prevent this happening, but we highly recommend using our advice and recommendations to ensure that you register with a trusted and reputable binary robot software service.

We’ve done countless binary option robots reviews and found them to be a reliable solution if you want to trade without having to dedicate all of your time to research and analysis. If you enjoy studying the markets, analysing and placing your trades, then you will want to continue doing the work yourself, but if you want to free up valuable time, then this is the solution. Watch out for other robots available such as those used for Forex trading or crypto trading. These are very different products with different technical indicators and should be avoided if you want to trade options.

We have tried, tested and reviewed the many types of software and know which companies offer the best binary robots trading experience and which software outshines the others. We believe that investing apps are a great way to save time and make money and to assist you in the quest to become the best binary options robot trader, our advice and recommendations are designed to make this happen.

Frequently Asked Questions

Is robot software reliable and trustworthy?

Like many aspects of binary options trading, the reliability depends on the security of a company overall. If you choose a recommended, reputable provider, then their services will be tried, tested and reliable.

Can they predict the right trades to make?

Prediction is a good question because even machines can’t predict the future, no-one can. What they can do is analyse data, trends and other aspects to come up with more reliably informed information.

Will I need to pay money for good software?

No, the best binary option robot software is free to download and use. For the most part, you will need to download it using a free account before opening a real account with a broker.

What if my trading robot gets it wrong?

Even with sophisticated investment tools, it doesn’t guarantee that you will be 100% successful. The robot improves the chances of making successful trades.

How do I find the best software to use?

That’s easy. You merely review our recommendations and select a few from our list to check out for yourself. We base all of our findings on our own experience, tests and research.

Jacob has been an author for us since our launch in 2020. He has over forty years’ experience in the financial sector and has held a variety of positions within financial services corporations and venture capitalist organisations.

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

    Best Binary Options Broker 2020!
    Good Choice for Beginners!
    Free Trading Education, Free Demo Account!
    Get a Sign-Up Bonus Now!

  • Binomo
    Binomo

    2nd in our ranking!

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