Binary Option Bot Review

Binary Option Bot Review: Most of the automatic robot we have reviewed in the past were outright No-No and we have stayed away from recommending them to our users. Such robots are nothing but a money guzzling machines and as a responsible team, we never want to recommend something which costs you dearly.

But once in a while we come across a system or a robot which actually impresses us, and today we are going to review one such bot which is easy to enroll, use, and that too without any strings attached! The impressive Automated Trading Software is no one but an established player in the binary arena – Binary Options Bot.

Binary Option Bot Review

It is a sophisticated software which allows you to relax and enjoy the winnings roll in. It mainly focuses on the currency pairs and hence a great tool for the international audience, however, citizens from the USA needs to check the availability of such trading in their country.

To use the services of this software, you just need to go to the website of the binary option robot and follow the instructions on the homepage. In only three steps you will be the member of the advanced technological community. Once you enroll you just needs to adjust few settings given on the website to your liking and it will automatically execute the trade for you. The bot also allows you to execute the trades manually, however, the most advanced users prefer an automatic route.

option bot

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Top Binary Option Robots in United States

Claim your free binary option robot, get started with three easy steps:

1Sounds great, where do I get a Binary Option Robot?
  • Name of Robot
  • Min. Investment
  • Min. Deposit
  • Rating
2Open a Binary Option Robot Account
I recommend that serious traders, open a number of different accounts with the different Binary Option Robots, listed. The reason for this is simple: anyone with knowledge of the market understands that you must spread your risk over as wider area as possible, no matter how good the system, if you put all your eggs in one basket, you run the risk of losing everything. Thus, as with everything else, you should spread your risk over a number of Binary Option Robots, to maximise potential profit and prevent loss. Each one of the Binary Option Robot suggested in this article, has been rigorously tested, regulated, licenced and approved for the territories listed in the drop-down menu.
3Binary Option Robot – How they work in practise
Binary Option Robot

1. Your Binary Option Robot will analyse the market and decide, which asset (currencies, indices, commodities and stocks), is right to trade at that point in time.

Binary Option Robot

2. The Binary Option Robot Will Predict the Price Movement

Your robot will assess a wide-range of factors, and then make a prediction on how the assets price will move, saying: Call (up) if it believes the price will rise and Put (down), if it believes the price will fall.

Binary Option Robot

3. Decide on how much you want to Invest

Then you need to decide how much you want to invest in the commodity and when that investment will expire.

Binary Option Robot

4. Collect your Earnings

Finally, you collect your earnings (the good part!)

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Software is Free to Use

The Binary Option Robot is completely free at this point in time. So, anyone can sign up provided he or she is above the legal age. It also allows you to upgrade your account if you refer a friend and referee makes the deposit. You can refer as many friends as you like with the binary options bot.

To trade in binary options, you are required to make a minimum deposit of $ 250 with one of their affiliated brokerage websites. The deposit will be available to trade in binaries, so it is not an additional cost. The software is available only to the new members who gets registered through the website, and it is not accessible to the registered members of any brokerage house even if the brokerage house has an affiliation with the binary options bot.

How Does Binary Option Bot Work?

Using the services of the Binary Option Bot is very simple, all you need to do is open an account, select the broker from their panel, make a deposit, adjust settings to your liking, and select the “start auto trading” button on the website, rest it will take care of.

The registered members can select the available currency pair for the trading, expiry range, and the amount of money which needs to invested per trade along with the preferred technical indicators to generate the signals. The signals will be generated based on the preferences you have made for an asset and expiry combination.

The software is designed for the currency pairs and works seamlessly for the following currency pairs: EUR/USD, EUR/JPY, USD/JPY, GBP/USD, USD/CHF, AUD/USD, USD/CAD, and EUR/GBP. Traders can select any expiry from 60 seconds, 5 minutes, 10 minutes, 15 minutes, 30 minutes, & 60 minutes.

The Option Robot bot offers the most popular binary options trading system to their registered members – Classic, Martingale, & Fibonacci. The classic system invests the same amount trade after trade whereas, the Martingale system raises the investment amount after a losing trade until the profitable trade is made & the investment amount is dropped back to the earlier levels after the profitable trade. In the Fibonacci system, each Fibonacci sequence is derived for an individual currency pair and which is then followed by raising the investment amount after a loss-making trade and dropping the investment amount after a winning trade.

option bot trading systems

The platform uses the proven technical indicators to provide you the most profitable trade opportunity. It uses RSI (known as Relative Strength Index), Williams, Trend, MACD (known as Moving Averages Convergence Divergence), Stochastics, and CCI (known as Commodity Channel Index). Users can select multiple indicators to execute trade provided all the selected indicators have to be in synch in order to execute the trade. For instance, if you have selected MACD & Stochastics, then both signal should indicate buying opportunity then only the trade will be executed, if any one of them is indicating opposite direction then the software will not execute trade nor it will provide you the signal.

Special Features:

The software also comes with some very cool features which are not available on most of the other bots.

  • Reverse Trade: If you feel that the bot is executing the trade in the wrong market direction then with a simple click, you can make it reverse the direction of trade.
  • Stop Loss: The stop-loss feature is a risk management feature and an excellent tool to limit your losses. In this feature, you can select the amount of loss you want to take in a day and when the selected amount is exceeded then the software automatically stops trading. So, it will allow relieve you from the burden of putting it ON and OFF if the certain margin is reached, and allow to curb your losses and manage your risk in a better way.
  • Risk-level setting: The signals generated by the option robot bot has different risk levels namely – low, medium, moderate, & high. You can select your preferred risk level and the bot will execute trades only in the selected risk category. So if you are a conservative trader then you can select a low-risk strategy which will suit you the most.

If The System Is so Robust, Then Why It Is Free?

After reading so many positives about the system, the above question is likely. To answer it we have to understand how it works. The binary options bot has several affiliated binary option brokers and in order to use the software or its services you must sign up with one of their affiliated brokers. You need to open an account with option robot bot and then select a trading partner before using the services. The website has an affiliation with some of the most sought after binary brokers, such as:

  • BD SWISS
  • FM Trader
  • Dinerolibre
  • Opteck
  • Empire Option
  • 24 Option
  • Binary Tilt
  • Stock Pair

This a win-win collaboration if you are interested in using the software and register with any of the above brokers then you will enjoy state of the art technology and a world-class service of the Binary Option Bot. Another good broker IQ Option is always worth a shot eventhough isn’t compatible with this option bot. The Binary Option Bot gets paid by the brokerage houses whereas you get free binary option signals for trading & automatic trading environment to make successful trades at no extra cost.

What is The Success Rate?

The Binary Option Bot makes the trading history public and is available on the history page. Go to the history page, select one of the pro traders, and pick a risk level & platform. Don’t get dishearten if you don’t get any results because not everyone generates the signals on all the platforms and at each risk levels.

We found many wins than losses but there were losses on the screen. We get suspicious when we see all the wins and no losses and we suggest you also that whenever you find only wins then just stay away from such software. The winning ratio we found was in the range of 70 to 80 percent, and that is a good ratio!

It clearly means that you will get legit signals with the Binary Option Bot. All of them not gets you win but in a real world, all wins are next to impossible. The best part is that the company is absolutely transparent about their results and not hiding anything from the public eye.

option bot 3 steps

How is The Customer Support?

For any support or assistance, the website provides multi-lingual customer support. The customer support staff can be reached through a web-form, live chat or through an e-mail. The languages supported by the Binary Option Bot are the English, German, French, Swedish, Italian, Arabic, Russian, and Dutch.

The customer support staff is well trained and knowledgeable to resolve any query you might have. Also, the website itself is available in all of the above languages making it a truly international company.

option bot options

Final Words

If you don’t want to pay for signal services or do not want an extra financial burden on your shoulder for trading in binary options, then the Binary Option Bot is the perfect platform for you. Their association with the several brokerage houses and their win-win model ensures that they do not need to charge you. The understanding of the above aspect strengthens the trust, also, the detailed history of their signal performance adds to the trust. Their winning ratio is very strong at the same time it is believable and close to reality. The platform also has some very cool features like reverse trade, stop-loss, and risk-level to improve your risk-adjusted returns. These features also help in sound risk management.

The best part about the software is that you are not required to download anything. Also, it has an affiliation with robust and well-known binary brokers which further adds to our trust on them. For their transparency, robust platform, strong affiliation, and their cool features they get a PLUS ONE from us!

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Author: 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.

michael-allen

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.

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