Is Binary Options Robot a Scam

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Option Robot Review – My Experience With This Trading Software!

If you are involved in Binary Options Trading then you must constantly be in touch with the upcoming trends and developments. Software developers come up with new algorithms to further refine and fine-tune the trading process and increase the profitability of their software. In our reviews, we try to bring forth the various aspects of trading and how the software fares in its claims. Today, we review the Option Robot trading software. This review serves to inform you about the pros and cons of using it. Through our vast experience in the field of adjudging trading software and brokers, we can comfortably state that the Option Robot offers safe and handsome returns on your investments. Read on our Option Robot Review to know why you can trust the Option Robot and what are the advantages it has to offer.

Official Website – optionrobot.com

Is the Option Robot Software A SCAM?

To put it across nice and straight, the answer is a big No! Our research concludes that the Option Robot does not show any traces of fraud. Another fact to strengthen our claim is that it has been around for over three years now. Any fraud system cannot continue unchecked for such a long duration. The disclaimers mention the risks and caveats clearly and there is absolutely no intention to hide anything from your view. We really liked this transparency. There are no stock photos or testimonials on the website. We have reviewed so many scam software that this one seemed unusual but in the positive sense.

Option Robot Review – An Insight

When it comes to the success rate, anything above 75% can be considered a fairly good return. The Option Robot comfortably achieves 83% success rate which is the talk of the town. There are many scam software which claims over the top success rates and may seem attractive, but one must not get carried away. On the Option Robot website, there are no wild promises or false sugar-coated statements. There are no misleading videos showing you the rich and affluent side of somebody else’s life. There are no testimonials and reviews from paid actors or identity thefts which the scam systems use so shamelessly.

The Option Robot Software has been consistently delivering top-notch performance. It allows you to choose from three strategies which we would discuss in detail. Plus, you can take advantage of the different indicators which are used by the Option Robot. Option Robot deals with currency trading which take place in pairs. Currently, there are eight currency pairs available to make a choice from. Expiry time choices are 60 seconds, 5, 10, 15, 30 minutes and 1 hour.

The Three Money Management Systems

Option Robot offers three profitable money management and binary options trading systems.

Classic System

If you are an extra cautious person and like to keep your investments safe and secure, this system is best suited for you. This system invests money in trades while being completely agnostic of the past outcomes. If you are content with decent and near linear profits, then you can choose this system. Remember, in binary options trading, the more risky trades generally fetch the greatest dollar.

Martingale System

This system should be your choice if you like to take risks in your strides. The Martingale system could help you fetch faster and perkier profits. For each forex pair, there is an independent martingale sequence.

Fibonacci System

Accuracy is the word that can best describe the Fibonacci system. Greater the accuracy, the more are the chances for your trades ending up winning. The Fibonacci system varies your investment sizes according to the win/loss sequence. What this means is that the system cuts your investment size for the next trades if the previous one ended in a loss and vice versa. This is a way of safeguarding your investments and trade in an efficient way.

Trading Indicators

The indicators are signal readers which help the OptionRobot.com to make decisions. You have the choice to set which among the six available indicators should influence the trading. Any combination of indicators can be used and any number. Below is a description of the trading indicators, Option Robot uses.

Trend Indicator – Whether or not it’s time to call it Puts or Calls, is what this indicator determines. This indicator analyses the market trends and suggests accordingly.

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MACD – It stands for Moving Average Convergence Divergence. It is used to forecast events and is a compliment to the trend indicator. It measures the difference between two moving averages.

RSI – RSI or Relative Strength Index indicates to the option robot to sell the asset when the prices get high and to buy them when prices go down. It is reliable and is also called the people system.

STOCH – This system was developed by Dr. George Lane in the form of Stochastic Oscillator. It follows the market conditions and suggests trades according to the analysis.

WILLIAMS – It is the simplified version of the RSI indicator. This system identifies the oversold or undersold areas and targets them in short positions.

CCI – Short for Commodity Channel Index, CCI compares everything with its average over time and uses it to determine the trends.

Advantages of the Option Robot

  1. Choice of trade amount ranges from $5 to $500. This gives flexibility and caters to the needs of all type of traders. The Robot can also be set to make 1 to 8 simultaneous trades.
  2. Choice of brokers is immense. You would not have seen such a transparency with any other system. The brokers are renowned, and a few of them are also regulated ones.
  3. The income that the Option Robot generates is its unique feature. A handsome 83% winning rate guarantees return on winning trades which is enough to boost your income and standard of living.
  4. The various indicators give complete control to the traders to follow the clues and trade based on different parameters.
  5. The Option Robot system offers great support in case you need any. Its customer service is always prompt in giving any support you may need. The analysts are mostly always online and in the rare case that they are not; the contact form can be used.

Money Withdrawals

We have seen a lot of users reporting that they are finding no problems whatsoever in withdrawing their earnings. Different brokers allow different timelines for withdrawal processing, and you may choose the broker which best suits you. Most of the brokers use wire transfer followed by Neteller or credit cards.

How To Start Using Option Robot:

  1. Visit Official Website of Option Robot – optionrobot.com
  2. Click on Open Free Account.
  3. Select broker from dropdown menu & fill that form with your details (First Name, Last Name, Phone No., Email Address).
  4. Proceed further and fund your account with an initial deposit of minimum $250.
  5. Start Auto Trading.

Option Robot Review Conclusion

You may find websites or blogs criticizing the Option Robot. While we respect their views, we beg to differ in our opinion. When a system offers so many renowned brokers to choose from, is it not unfair to doubt their intentions? The professionalism is apparent from their website. There are no exaggerated statements or testimonials anywhere on the website or any sort of false promises on 100% money security. The Option Robot website clearly reads out the risks and benefits. With so many money management systems to choose from, the Option Robot is a complete package for anyone who loves binary options trading. Rest assured that it is not a scam and we have verified its working and found it to be genuine software. Joining the system is as easy as one two and three. So waste no time and be a part of this wonderful software system.

Binary Option Robot

In today’s article, our professional trader Michael Allen will teach you how to spot binary options trading scams. You will also get systematic instructions, which will allow you to trade effortlessly with the best binary option brokers (such as IQ Option) and automated binary option robot. If your goals are any of the following, then please keep reading, as this is the right article for you.

How Binary Option Robot Can Change Your Life? Look This Video!

TABLE OF CONTENT

How to Make Money with Binary Option Robot

Instructional Video – Binary Option Robot

Best Robots Signal Services

Option Robot Review

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Option Robot – Scam Investigation

Hello, my name is Michael Allen. I have been a professional stock trader for over 20 years now. I have seen a number of economic ups and downs, both personally and professionally. In most of the worst cases I have seen, the main reason was because of lack of experience or poor timing. Sometimes the losses are just attributable to bad luck and stats. However, the saddest thing is that many of these losses could have been easily avoided.

In this article, I will teach you how to discern a good, effective binary options robots from robots whose only purpose is to take an investor’s money. In addition, I will give you my personal recommendation, if you want to invest with automated trading software.

Binary Options Robot Scams?

Nowadays there are several automated binary options robots available on the market, but despite the fact that the of the vast majority of them are honest: you will still find the occasional bad apple, whose sole purpose is to take your money.

If you are new to Binary Option Robots, then I would recommend reading our home page first, where I tell you in more detail about how traders can benefit from using trading software.

The great thing about Binary Option Robots, is that they can make profit in situations in which human beings are not quick enough to take advantage. If you are trading with binary options already, then you will already know that there is almost no situation where a Binary Option Robot doesn’t help you in some way: making you more efficient and helping to maximise your profits.

However, it is vital that you choose the right robot, otherwise you risk not making as much money as you should! I will also take you through the things to watch out for, which will allow you to recognise whether a Binary Options Robot is legitimate or fraudulent.

Here are the warning signs, which will help you to spot Binary Options Robot scams!

No Scam Option Robots Video

Are Binary Robots a Scam? (How to Spot a Scam Binary Option Robot?)

  • Poor Website Design. This is my number one red flag. Scammers do not bother to spend time or money to make decent web pages. Usually, they see an opportunity to make fast money and immediately take full advantage of it. I recommend paying close attention to potential image manipulations: some unnamed scammers are using photoshopped celebrity images on their webpages. While some websites are so amateurishly made that everyone can easily see that they are untrustworthy. On the other hand, if the website is as stylish as websites of large companies, it is very likely that it was made with honest goals in mind. With Binary Options Robots, it always pays to judge a book by its cover.
  • No Information About The Binary Option Robot’s Features. If you cannot find any information about the binary option robot’s features, then it is very likely that the features are very bad, or the binary option robot is extremely simple. Every honest piece of binary options software has a very wide range of ways to customize its functions according to your desired parameters.
  • No Previous Trading History. If you cannot find any information about past trades or data from previous years , this is a huge red flag. If the binary option robot were actually able to make a profit, why would the developers hide its results? This just does not make sense. Many robots promise high profits for their users, but when they try to locate where these profits come from, it is almost impossible to discover. The best binary options robots – such as the option robot – keep their trading history clearly visible on their website.
  • No Contact Information or Possibility to Contact Customer Support. Fraudsters do not have any interest in helping when problematic situations occur, so it is likely that they do not even bother to put contact information on the website. Even if there is any, they are most likely fake. However, if you find contact information and you get answers to your questions, there is a good chance that the robot is trustworthy.
  • The Binary Option Robot, costs Hundreds or Even Thousands of Dollars. There are many excellent free binary option robots available on the market, so there is no reason to pay large sums money for binary trading software. For example, my personal favorite – the option robot – is currently available for free. It is without a doubt the best binary robot, so there is no reason to pay for software of inferior quality.
  • Clearly Exaggerated Results and Promises. If an option robot promises an income of more than $1,000 per day for a new user, it is very likely that it is a scam. None of the fully automated binary option robots is able to guarantee such results at the moment, and I doubt that it will be possible in the future. The best results that you can realistically expect are a few thousand dollars of monthly income. Even such results do not occur instantly: you need to experiment, fine-tune and be patient. Investing always involves the risk of losing, so if someone promises you something that is too good to be true, then it almost certainly is.
  • The Binary Option Robotis Only Compatible with Shady Broker Sites. If any of the well-known binary options brokers (such as 24Option or IQ Option) do not trust a certain robot, then you shouldn’t either. The more brokers to choose from, the better for the investor. This way, you can also take advantage of bonuses, risk-free trades and other possible benefits that are available for new investors. Your investments should always be stored on a separate broker account, and you should be able to turn the robot off whenever you want. Therefore, you can significantly reduce the possibility of fraud.
  • The Binary Option Robot Has Only Been on The Market for a Short Period. This does not necessarily mean that the software is fraudulent. However, scammers usually stay on the market for a short period. If the software has been available for many years, it is much more likely that it is trustworthy and useful to help you earn money. Scammers tend to get so much negative publicity that it is almost impossible for them to remain on the market for many years or even months.
  • Only a Few Trading Assets Available. Some fraudulent option robots only trade with one trading asset, or even worse, it makes no real trading at all. A wider variety of trading assets also means more opportunities to earn money. It is almost impossible to earn money if there is only a couple of trading assets to trade. There are some exceptions; sometimes by specializing in a particular trading asset, an exceptionally good trader can make a huge profit. Lack of educational resources are also a red flag.
  • I have used dozens of different binary option robots and so far,have only found three that have been able to avoid all these fraudulent signals.Next, I will detail the most important features of this automated trading software, and tell you which ones are superior to their

Legit Binary Option Robots

OptionRobot Review

When it comes to auto trading systems, there are no shortage of options to choose from: the market seems to be saturated with these systems, yet they seem to grow at an almost exponential rate. However, this has meant that a few outstanding pieces of software have risen to the top in this cut-throat world. Trading systems, like Option Robot, have to work twice as hard to remain legitimate, given so much of their competition engages in unscrupulous activity, which gives the industry a bad name. In my view Options Robot is one of the very best pieces of trading software out there, and I recommend that everyone investigates it as an option: trust me, you won’t regret it!

Start making money today with the Option Robot. It is extremely simple!

Top Notch Software

Few pieces of software can boast a proven hit rate of over 75%, which makes Option Robot’s 90% accuracy rate all the more impressive. It is comfortably, among the top 5 robots in the world, and as soon as you start using it, you will see why: its system is well constructed, it has an excellent website, great customer service and the software itself really works. In a market filled with dodgy alternatives, The Option Robot, is a breath of fresh air, delivering exactly what it promises, in a sleek and professional manner.

Of all the robots that we tested it stood out in pretty much every category: no big or unrealistic promises, an easy sign-up process, with clear instructions and all the necessary information about the software itself. This is complemented by an informative blog, which describes all the linked brokers, making it by far and away the best site for options trading.

How the option robot works

The Option Robot is a 100% automated piece of trading software that generates its own high-quality signals and then automatically places trades directly to the client’s broker account. To ensure maximum accuracy, the option robot generates signals from not one but six market indicators each with its different strengths and features. You, the trader, have the freedom to choose which indicators that you want to provide signals for your trades. It puts you in total control of these indicators, allowing you to choose from one of them all the way up to all six of them. The software ensures that the robot cannot place a trade if the signals produced by the indicators are not correlating. Which leaves very little margin of error and may explain the impressive 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 binary option robots. The downside is, you have to open a completely new broker account when signing up(existing accounts are not supported).It also allows you to open a demo account, allowing you to test the software, before depositing. It operates slightly, different from a real account, which uses the Reuters live feed, while the demo version uses eToro live pricing feed.Itis an ideal way to test the option robot without risking your money.

As you would expect, the software’s creators have affiliated with numerous trustworthy companies, which are mainly approved by the CySEC, famed for being one of the most rigorous regulators around. Stockpair and 24Option stand out on this list, and you can be confident that with this calibre of broker, your money will be safe.

The Option Robot is compatible with the biggest and most trusted binary options broker sites.

Option Robot Trading Systems

Everything about The Option Robot is systematic, and the trading process is no different. Basically, the option robot places trades based on one of three trading systems, selected by the trader.

  • 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 profit margins. This may not be the right system for beginners as it can bring your account balance to zero in minutes.
  • Fibonaccisystem – This is one for traders, who are looking for bigprofits. It increases the trade size sequentially after every win or loss. If all goes well, the eventual profits are far bigger than with the other systems, however, on the flip side, the losses can also be bigger.

The 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 program or method and even the currency used is all firmly under the traders control. The developers, limited the number of simultaneous trades 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 on most major sites, the option robot has a lot to offer with the signal generation and trade placement method that it uses. We rarely see the use of such complex indicators in binary options robots. While the blog, with the regular updates is also of great help to all traders, as is the highly responsive customer care service. Furthermore, there are no scam testimonials promising that you will make millions of dollars a month and you can use the demo to test everything out. The Option Robot is the Ferrari of binary trading software!

Binary options is arguably the fastest growing financial trade. Millions of people all over the world are now paying attention to the trade, once regarded as Wall Street’s version of gambling. And it’s not all about the huge returns, although that also contributes to its popularity. Perhaps what attracts people more to binary options is the relative ease of setting up a broker account and commencing trading in addition to the convenience of trading and following up on placed trades from anywhere at all times. The large number of auto trading systems make it is even easier to trade binary options.

The Automated Binary is just one of the possibly thousands of trading systems available and the subject of this review. Is The Automated Binary a scam or not? Read on to find out.

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Binary Option Robot

Overview

Binary Option Robot – How Does it Work & How to Start?
Read 100% Objective & Detailed BinaryOptionRobot Review
Minimum Investment, Returns & VIP Account – See Below!

Details

Broker Binary Option Robot
Official Website URL www.binaryoptionrobot.com
Support Types Live Chat, Phone, E-mail
Payout 84%
Free Demo Account Open FREE Demo NOW
Deposit & Withdrawal Methods VISA, Mater Card, Maestro, OK Pay, Neteller
Number of Assets 70+
Overall Score 9.4/10

Full Review

Binary Option Robot is a 100% Free automated trading solution that requires no software download and makes Forex and CFDs trading possible from every point of the globe. Unlike many other auto trading systems on the market, this one needs to be set up only once and then it will start handling all trades on your behalf. This is a safe and secure trading software that gives you the unique option to define the risks parameters for each trading session. Binary Option Robot is compatible with the trading platforms of the best brokers, who are offering maximum performance and high winning rates.

Review Verdict: BinaryOptionRobot is NOT a Scam

How to Use Binary Option Robot?

Earning significant daily profits with the help of Binary Option Robot is easy. This is thanks to the fact the system gathers historical data from previous years, which is processed by a highly sophisticated algorithm that calculates the probability of assets price movements at any given moment. The software is integrated with the trading platforms of seven Forex brokers. You can open an account with one or all of these Forex brokers just by registering with BinaryOptionRobot. There are no fees and you can start trading immediately.

No Download

Users do not need to download and install any additional files to their devices in order to start trading with Binary Option Robot. The system is fully browser-based so it is easy to navigate and use.

How to Start?

To start trading Forex with the help of Binary Option Robot, just visit the company’s website and go to the Open Account section. There you must enter your contact details and choose the currency that you would like to open an account in (the available currencies are: USD, EUR, GBP, CAD, and AUD). Once you finish the registration process, you are taken to the Dashboard of your account where you have to choose one or more Forex brokers to work with. To register with one of them, just click the green Open Account button. You don’t have to go to the broker’s platform – everything happens in the nicely designed Dashboard of the Forex robot.

Each time you log into your Binary Option Robot account you will see the latest promotions by the featured brokers. Keep in mind that there are special terms and conditions when you accept a bonus or a promotion from a broker, so it’s best to visit the broker’s website and familiarize yourself with the terms and conditions that apply.

Apart from trading, your personal account page is also the place where you can change your contact details, review your trading history, and manage your Forex robot’s settings, including the tradeable assets, the investment per trade, the maximum daily trades, the daily loss stop and the reverse trading feature.

Returns

Current members of the Forex trading platform state that they can easily earn around $500 per day with the help of the system. This means that it is able to deliver real results to its users by earning significant daily income on their behalf.

The access to the Forex auto-trading solution is absolutely free of charge. Still, to start trading you have to fund your account with some trading balance. The minimum deposit depends on the broker that you want to open an account with.

In general, this amount is 250 USD or EUR. Usually there is no limit for the funds that you want to invest in Forex trading.

Is BinaryOptionRobot a Scam?

The Binary Option Robot is absolutely legit and reliable. The interface of the system is intuitive and easy to navigate, which enables traders to get familiar with its features quickly. The auto-trading software has numerous customizable settings, which allow for maximum control over the way trades are executed and that gives investors the opportunity to achieve optimal results and the best possible return on their investment. To help traders with the configuration of the preferences, the Binary Option Robot provides a tutorial guide, which explains in-depth what each setting means and how to use it. This makes the trading process easier and accessible to traders with various levels of proficiency.

Review Verdict: BinaryOptionRobot is NOT a Scam

Binary Option Robot Features

The Binary Option Robot stands out among other auto trading solutions with some major advantages. In addition to the automated trading system it also provides trading signals and traders can choose from several signal sources, which allows for great flexibility. Another unique feature enables you to set the level of risk you are willing to take, which minimizes the possibility of losing funds.

The fully automated trading software provided by the Binary Options Robot is also extremely time-saving as it executes the trades on your behalf even when you are not online. This way it does all the work, while you can relax and enjoy yourself.

Binary Option Robot VIP Account

Binary Option Robot offers a free VIP account to any of their customers who want to refer a friend. For each friend you refer to their website you will get 2 months extension of the VIP period.

This gives you access to otherwise “locked” features, such as the four levels of risk and the expiry times of the options that can be traded with the robot. Also keep in mind that each time the friend you have referred to Binary Option Robot, both you and him/her will get your VIP period extended by 2 months.

Customer Service

The support team of Binary Option Robot is really responsive and competent. Users can easily get help in case of any troubles or questions they may have. The service is available 24/7 which means that you will have no problems while placing your trades.

Conclusion

Our research shows that Binary Option Robot is a reliable and 100% safe Forex robot. It is a good software for anyone who does not have the time or the financial knowledge to trade manually. In any case, the experts at Top10BinaryRobots.com recommend that you always trade Forex with care as this is a high-risk endeavor.

If you prefer, you can Proceed to Safety and choose a trusted Forex robot, by visiting our list of approved automated Forex trading solutions.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker!
    Perfect Choice For Beginners and Middle-Level Traders!
    Free Demo Account! Free Education!

  • Binomo
    Binomo

    Honest broker!

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