Recommended Binary Option Robot
• The Option Robot •
When it comes to auto trading systems, there is no shortage of options to choose from. The market is already saturated with these systems yet the number keeps growing with each passing minute. With the cut throat competition and declining interest in trading systems due to influx of scams, creators of the few legit types of software have had to put in extra work to maintain credibility. In this niche, evolution, improvement and uniqueness keeps you floating stronger and for longer. A good example, and the subject of this review, of a software that, from the start quickly curved a name for itself and still continues to do so to this day is The Option Robot.
Start making money today with the Option Robot. It is extremely simple!
Top Notch Software
There’s not many softwares around that can boast of having a proven hit rate of over 75%. Option Robot easily surpasses that and with 83% accuracy is considered among the top 5 robots in the world. And it is easy to see why. Everything about the system is well put together, from the superb website to the customer service and the software itself. In a world filled with utterly cheap scams, Option Robot is a breath of fresh air. The creators of this system must have heard our collective prayers for a world class system, top to bottom. And they delivered. Big, big time.
Anything else is up for argument, but you can’t argue the fact that Optionrobot is the best software website out there. Right from the top, all the way to the bottom of the page, there is none of the big and very unrealistic promises that are associated with fake software. The sign up process is simplified and made clear and the necessary information about the software, how it works, the linked brokers and even a regularly updated blog is available on the site. Now, show me any other site that has the same and I’ll show you a donkey with wings.
How it works
Option Robot is an 100% automated trading software that generates its own high quality signals and automatically places trades directly to the client’s broker account. To ensure maximum accuracy, the software generates signals from not one but six market indicators each with its different strengths and features. You, the trader has the freedom to choose the indicators which will provide signals for your trades. You can select only one, several or even all the indicators. If more than one indicator is selected, the robot cannot place a trade if the signals produced by the indicators are not correlating. That is, for the robot to place a Put trade, all the indicators have to generate Put signals. This leaves very little margin of error and can be attributed to the above average hit rate of the robot.
The trader also has the freedom to choose which brokers to sign up with as opposed to having one pre-selected for him/her as is the case with most softwares. The downside is, you have to open a completely new broker account when signing up. Existing accounts are not supported. And for the pessimistic traders, the site has a demo account, open on weekends when the financial markets are closed. Different from a real account which uses the Reuters live feed, the demo version uses eToro live pricing feed. Whatever the case, it is a great way to test and learn the workings of the software without any risk to your money.
The list of brokers that the software affiliates with also contributes, in a way to its credibility and good impression. The list includes world renown CySEC-approved brokers such as Banc de Binary, Stockpair, 24Option among others. With this calibre of brokers, you can trade easy knowing your money is safe.
The Option Robot is compatible with the biggest and most trusted binary options broker sites.
Everything about Option Robot is systematic, and the trading process is no different. Basically, the robot places trades based on one of three trading systems, selected by the trader. The systems are :
- Classic System – This is the oldest and most used trading system in binary options. It is regarded as much safer and is a favorite of newbie traders. It doesn’t offer much in terms of profits but then again, it is associated with very few losses.
- Martingale System – Widely used in Forex trading, the Martingale system is the best choice for traders looking for quick profits. It places higher risk trades which are known to have very high payout margins. This is not the system you want to get started with as it can bring your account balance to zero in minutes.
- Fibonacci system – This is one for the traders looking for bigger payouts but without the high risks. It increases the trade size sequentially after every win or loss. If all goes well, the eventual profits are far much more than with the other systems but on the flip side , the losses are also far much bigger.
Option Robot is one of the very few robots that can be considered a trader’s robot. Everything about the robot, from the brokers to the trading system or method and even the currency used is all under the traders control. The developers, clearly aware of the dangers – in terms of public perception – of leaving the software to itself, limited the number of simultaneous trade at any one time to 8. The trade sizes are also flexible with the minimum amount being $20 and the maximum $500.
- Overall rating 4,9 out of 5
- Scam test result: Pass
I would definitely recommend Option Robot to every trader out there who wants to capitalize on binary options. Apart from being positively reviewed in major sites, the robot has a lot to offer with the signal generation and trade placement method used. It is not every day we see the use of such complex indicators in binary options software. The blog, with the regular updates is also of great help to all traders, and so is the highly responsive customer care service. Still need further proof why it’s not a scam? Well for starters, there’s no funny looking person claiming how he makes millions in a month yet you can clearly tell he’s a cheap actor. And there’s absolutely no deceptive testimonials and whatnot. If still in doubt, the demo version is a great place to start.
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