Free Robot Signals

Free Robot Signals Review: The latest entry into the binary auto bots is the Free Robot Signals, which promises one of the highest success rates of up to 87%. The website further claims that it is the most accurate auto-trading signals software in the industry and is available at no extra cost to the registered members.
The promises are large and attractive, so we decided to conduct an in-depth review of the Free Robot Signals and provide fair product review to all our readers.

The Promoters

People behind the organization makes all the difference, and we firmly believe in this principle and hence, we always check who are behind the software or a website. Our efforts in that direction have not yielded any results, making us a nervous about the software and the website.

The website: www.freerobotsignals.com/

We couldn’t get any information about the people behind the software or who has developed the software. As mentioned in many of our articles, it is of prime importance to have serious promoters or a legit business backing the website, and no info on this aspect is a clear warning sign for us.To promote the binary option robot trading system, there are several binary trading online portals out there.

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1Sounds great, where do I get a Binary Option Robot?
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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.

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4. Collect your Earnings

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

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The Platform

The website is well Paid and aesthetically pleasing. The website claims that it has one of the most revolutionary trading software which can predict the direction of an asset with up to 87% accuracy. The website further goes on to claim that it is the most accurate auto-trading signals software in the market, and traders can enroll in three easy steps. The platform also provides their registered members for copying the best signal settings used by fellow traders along with full customization to select your preferred technical indicators to generate the signals.In addition, remember that the robot does not work with the best binary options brokers, so if you want to take advantage of every good money making opportunity, it is also good to know at least a little bit about binary options and option signals.

The website claims that the trading software which powers the Free Robot Signals combines the power of six custom technical indicators to generate an average success ratio of whopping 87%. The software is coded in a way that it will only generate a signal to buy the Call or the Put only if it finds strong correlation amongst various indicators. The platform utilizes the well-established technical indicators like the Trend indicator, Moving Average Convergence Divergence, Relative Strength Index, Stochastics, Commodity Channel Index, and Williams. The traders can select any of the above indicator or a combination of indicators to generate signals. The platform also lets you do the social trade, which is claimed as the unique feature of the software, in which, the traders can copy the settings of the most accurate settings used by other successful traders. The platform, not only provides the auto-mode trading but also offers their registered members to trade in a manual mode.

The Free Robot Signals also offers features like trading method selection, expiry time selection, risk management amongst others. Traders can select from the classic, Fibonacci, and martingale method of trading to suit their trading style. It also allows traders to select a suitable expiry from a 60-second to 60-minute range. Under the risk-management umbrella, traders are allowed up to 8 trades at a time.

The website further adds that it has a list of prominent broker range to select from. The list of brokerage houses mentioned includes BD Swiss, WM Option, Empire Option, Binary Online, Stock Pair, Stern Options, Binary Capital Markets, and 24Options. This is a good sign as the software is informing the broker-choices upfront. Further, the website offers a demo account to check and test the accuracy of signals. Traders are not required to download any software and the software is available on all the possible platforms like desktop, Windows operating system, Android operating system, and IOS operating system.

For the customers who prefer to trade on the go, the website is also optimized for the mobile computing devices. This is not all, the website offers its signaling services absolutely free of cost.

The offering from the website is too good to be true, and most naïve traders can fall for it. Our research on the software suggests that the claims of 87% success rate are hardly achievable by the software and the best we could get was about 66% success rate in a one-hour expiry. Also, there are few questions which remained unanswered in our research and we have enlisted them for your consumption.

binary auto bots is the Free Robot Signals

Who Is Backing It?

As mentioned earlier, our belief of having the right promoters is very strong and the anonymous promoters seriously scare us. The website provides absolutely no information about the actual people behind the software nor it gives information regarding the developers of the software.
This is a clear red flag for any investor or trader as it would be absolutely not possible to identify the real people with whom they are dealing. As a trader, you should be extra cautious when it comes to financial dealings.

87% Success Rate, Where Is The Proof?

The website of the Free Robot Signals goes gung-ho about the winning ratio of 87%. However, our testing of the software has not yielded anywhere close to the claimed success rate. Also, the website does not provide any data nor any testimonials are available on the internet which endorses the claims made by the Free Robot Signals.

Rather, we have found several reviews indicating that the claimed success ratio is an illusion and traders have lost money using the services.

Anywhere close to the claimed success rate

Unique Or Duplicate?

Our research on the Free Robot Signals has also thrown some shocking facts. The website has a serious resemblance to other software like the Robot Binary, Binary Auto Trader, and Best Trading Robot.

The other mentioned websites are known for faking their demo-results as the demo account is feed with fake prices to show that they can make you a serious amount of money. In reality, traders have lost their hard-earned money using the above software.

This makes it really difficult for us to estimate whether the software is a genuine one or a clone of scrupulous software.

The Verdict

Interestingly, the Free Robot Signals review indicate that the software has a lot of good things but the devil is in the details. The website and its offering are exactly same as the known software Option Robot. Also, the website has many clone-friend s as discussed earlier. The platform shows lots of promises about the use of technical indicators, success ratio, and binary broker affiliations but it failed to provide any data about the claims made on the website. The website offers some serious customization in terms of trading method, technical indicator selection, copy settings amongst other which definitely are positives for the Free Robot Signals. The biggest positive of the website is that it is available at noextra cost, however, the traders are required to open a brokerage account through the website and deposit a minimum of $ 250 to take the advantage of the services.

On the most important aspect of any legit business, the website remains absolutely silent. The website does not provide any information about the creator of the software. The anonymity about the promoters is the biggest let down for us. The website is also fairly new in the binary trading arena and had been there since March 18, 2017. It just being a couple of months old, and hence, it is difficult to establish the claims made by them are genuine or fake. Hence, our humble request to all our readers is to avoid the software unless it establishes itself in the binary arena. This is a highly legit and reliable binary option robot trading platform that offers no fake promises.

The offerings from the Free Robot Signals are not unique in any way and does not provide any edge over some established players. One such established software provider is the Option Robot. The Option Robot provides a range of technical indicators to select from along with trading methods. The Option Robot has been in the binary trading industry for a long time and has provided consistent performance and success to their registered members. The Option Robot also has some of the most renowned brokerage association which includes brokerage houses who have legitimate licenses from the Cyprus Securities and Exchange Commissions and regulatory authorities from the European Union. The Options Robot is a trusted signaling service provider with a proven track record. IQ Option is a licensed and regulated binary options broker which are owned and operated by IQ Option Europe Ltd.

Finally, when you have an option to select a trusted name or a new software with notrack record, which one you select? Obviously, the known signaling service provider. Hence, we recommend our readers to avoid the new player like the Free Robot Signals, instead, select the well-established and proven signaling service provider, the Option Robot.

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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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