Binary Boom Review

binary boom

Binary Boom is one of the newest automatic binary option robots on the market. In this review I go through all the essential feature of this binary robot and tell you if you can make money with it. In addition, I go through the following things:

  • What exactly is Binary Boom and how it works
  • Main features of the software
  • How it differs from other binary option robots
  • Can you make money with it
  • Is it a scam or trustworthy

What Is Binary Boom

In recent years, binary options investors has got a number of excellent fully automatic robots such as the real robot and binary hedge fund for their use. Those robots are great help for reducing your workload and the beginner is able to easily avoid the most common mistakes which novice traders tend to collapse.

Binary Boom to try to get into this exclusive group with is set of automatic signal system.  It produces signals for 60 seconds binary trades which the investor will be able to choose the most meaningful and profitable, and thus save a significant amount of their own time. To be useful, the signals have to be profitable,  so  in this article I try concentrate on whether Binary Boom is able to give you useful signals or not.

Main Features Of The Software

When you arrive to the website for the first time, a video starts rolling where a person who presents himself as Dennis Anker tell you that  you can earn sums which you have not even dreamed before. Secret to these earnings, according to Dennis, is Binary Boom. After this short introduction it is time for testimonials:

binary boom testimonial

This guy claims that he has made a fortune with Binary Boom.

binary boom testimonial2

Other testimonial. this guy thanks Dennis Anker  and Binary Boom for his success

I must say that these testimonials are very convincing, whether or not they are real, I can not say 100% sure. But what makes these testimonials different from some other software testimonials is that these people are not claiming that they have earned millions in a few months with Binary Boom, they are only thanking Dennis Anker for developing it. This definitely give some credibility for the software, exaggerated promises and false claims are  so common in binary options world nowadays, that this almost feels like breath of a fresh air.

This software also has several other interesting features, next I’ll tell about those a little more in detail.

  • It is compatible with many trusted broker sites. This is always s great sign. Binary Boom is fully compatible with trusted broker sites such as Banc de Binary and Option FM, which are among the most reputable operators on the market. This should make almost 100% sure that won’t get blatantly scammed by the software developers, big broker sites would not risk their reputation by doing this.
binary boom broker

Binary Boom is is fully compatible with Banc de Binary trading platform

 

  • Possibility to check past trades and live trading history. That you will be able to check the trading history and take a look at the ongoing trades is extremely important and a good feature, it allows you to check the software profitability and also to study binary option trading for yourself. Several binary robots have decided to leave the history and mechanisms secret for fear of revealing too much of the software. With Binary Boom this is not the case, so I recommend using this feature when it is possible.
binary boom trading history

You are able to check trading history easily

  • Not fully automated trading software, but signal provider. Binary Boom is not fully automated software, you actually have to set every trade on for yourself. It provides trading signals which you can choose to use or not. It actually was fully automated before, but amount of trades it provided was so huge that it was a little bit too much for most traders. If you wanna use fully automated trader, I recommend trying binary option robot or binary hedge fund and reading following articles:
  1. Best binary Options Robots (Best fully automated binary robots, earning money in a ways you never thought is possible!)
  2. Binary Option Robot Review ( Complete review, I will also tech how to spot scam robots)
  3. Binary Hedge Fund ( Invest like a billionaire with this free hedge fund software)
  • It is completely free. This might be the most important reason to try this robot, if it is free what you can really lose? If you are already investing in binary options, you should try every available tool which can improve your earnings, there is some untrustworthy robots on the market, but most software developers have at least good intention, if the software is not profitable later it might be in the future. So even if you don’t wanna use it in your investments, you should still register it, if you get it for free. Other good robots that are available for free are for example the following:
  1. Copyop Review ( Earn money by copying the best traders)
  2. Mike’s Auto Trader ( Developed by binary options guru Michael Freeman)
  3. Binary Stealth Review ( One of the best signal indicators on the market)
  4. Option Bot 2.0 Review ( Excellent accurate binary robot)
binary boom free

Binary Boom is available for free, this might be the biggest reason to register, even if you don’t plan to use it immeadiately

  • It provides you huge amount of trading signals. What make binary boom different to most binary robots is the huge amount of trading signals it provides. You will get hundreds of signals each day, only thing you have to do is choose which one you want to use. Because of huge volume, trading amount is much smaller what some of the other robots use.Binary Boom uses $10 default amount, but if you want you can switch is bigger easily, but I recommend starting with smaller amount  and only increasing investment amount if you are 100% sure that possible losses will not affect your future investments. Variance can be huge in high volume trades like this, it is not unusual that you lose or win $500 a day with $10 investment amount.

 

Can You Make Money With Binary Boom

You definitely can make money with the software, but the big question is how much? You expectations should not be unrealistic, this robot is not gonna make you millionaire overnight. If you have some prior knowledge about binary options, it will certainly help you to pick the best signals among the ones that the software provides. I think that in realistically this software is a little bit worse than best robots which I mentioned earlier, so potential earnings you will get with Binary Boom goes somewhere between $10 to $200-$300 a day.

Is Binary Boom a Scam?

I have not personally been able to test this software, the reason why is very simple, I  already have an account for every broker site to which this software is compatible with, so I have not had a chance to register. Instead, many of my friends are using Binary Boom, and I’ve heard only positive things about it. Nobody has got thousands of dollars a day income, which developers advertised for, but for many yields have risen to several hundred dollars a day. This is certainly connected to their previous knowledge an using the best signals.

But, since I do myself no experience with this software I can not say 100% for sure that it is not a scam, but I can say, that all  the factors that i have seen, strongly suggest that the software is honest and quite profitable.

binary boom review

Binary Boom ongoing trades

 

Conclusion

Unfortunately I have not got a chance to personally test this software, but with many positive reviews from reliable sources, I can still say that it is worth trying. You get the best result when you also you other recommended binary robots at the same time and study binary options investing. Get Binary Boom for free by clicking the button below:

 

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CherryTrade Review (Register now and get 10 risk free trades)

Porter Finance Review ( Up to ten risk free trades for new customers)

Banc de Binary Review ( 3 risk free trades, free signals, free e-book and much more)

Anyoption Review ( Get huge bonuses)

References and Further Reading

Venture capital and the structure of capital markets: banks versus stock marketsBernard S BlackRonald J Gilson

Michael Allen

Michael Allen is the main author at www.binaryoptionrobotinfo.com. He holds a PhD in Economics and has worked in investment banking for 24 years.