Trade with the best binary options signals & robots

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!

2020 Best Broker

Features

Min Deposit
Min Investment

2020 Best Robot

Features

Min Deposit
Min Investment

Best Binary Options Robots: Binary Robot Auto Trading Software – Binoption

Binary Options Robots and Autotrading Software have helped thousands of traders to invest in trading more efficiently. Bringing approximate 80% of profits by using binary option robot is possible. On the other hand, each Auto Trading software has unique and interesting trading features.

Trying all auto trading binary robot is quite impractical because it’s hard to find free binary option robot. Moreover, we found that some people are confused to trade Binary options for lack of proper knowledge, improper market analysis, trading asset values, and others.

Reality is, binary options trading is easy and simple to understand. For its unique characteristics, binary options are a popular choice for low-skilled traders.

Binary options auto trading came at the market as a blessing; not only for busy traders but also for others. However, before entering into the financial marketplace, you should have a basic concept of what is binary options trading.

Similarly, we suggest you know the profitable ways of binary trading to minimize the trading loss. At the same time, it is a dream for every trader to find out a perfect and profitable automated trading that guarantees profits.

Here, we will recommend you the best binary options robots and auto trading software that is web-based, trustworthy, and support a good range of reputed brokers.

Binary Options Robots & Auto Trading Software Comparison

Mobile Trading: No

Download Require: No

Mobile Trading: yes

Download Require: No

Mobile Trading: No

Download Require: No

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!

Mobile Trading: No

Download Require: No

Demo Account: No

Mobile Trading: yes

Download Require: No

Mobile Trading: No

Download Require: yes

Demo Account: No

Mobile Trading: yes

Download Require: No

Demo Account: No

Mobile Trading: yes

Download Require: No

What Is An Automated Trading Software?

Automated trading software or auto trading robot is a program which generates trading signals depends on the daily market analysis. The trading signal will help you to decide whether to buy the trading instrument or not. The advantage of using an auto trading robot is it will execute trades on behalf of you.

Mostly, traders get trading signals in two ways. One is generated by a human, and another by an automated robot. Algorithmic trading automatically generates orders based on the trading strategy. It also will help traders to select which underlying asset is better for future investment.

Moreover, the trading process can be done by fully automatically or semi-automatically, depending on what type of robot software you are looking for.

On the other hand, an auto trading bot allows you to trade when you are not in front of your computer. You need to set or program your bot according to your preference. However, it is wise to analyze the trading market before creating a bot.

History Of Automated Trading Software / Robot

Algorithmic trading is a method to enter into the financial market. The program will execute trades based on the pre-set rules.

As per history in 1949, Future INC. was launched by Richard Donchian. And the Automated trading system was originated bt that time. Under those financial market circumstances, he set rules only for buying and selling funds.

In 1980, the famous trader John Henry started using the same strategies via an automated trading robot. The concept of rule-based trading become popular from then.

After that, the automated trading software has been used by many brokers and financial managers. The system has been improving day by day, after launching the first service in the free trading market in 2008. Significantly in 2020, more than 75% of stock shares are traded from automated trading software orders. This revolutionary happened in the United States exchange.

How An Automated Trading System Works

It is not wise to expect that all binary options auto trading software will give you the same features and services. Each automated trading robot works differently from the other one. But, most features remain the same, such as type of trades, trade volume, minimum trade, the maximum amount you can lose per day, etc.

So, these sorts of services enable traders to control the portfolio trade by themselves. The trustworthy binary options robot performs the activities of most basic to advanced things.

The software works based on a sophisticated trading algorithm. The algorithm helps an auto trading bot to compare trading data with previous years data along with currency market analysis. Similarly, a trader can also analyze the market movement to set the robot setting. Based on the strategy, the robot will place trades. So, in that case, you don’t need to depend on the pre-set robot settings.

The trading robot generates professional data to help traders. Traders will not able to start the system before depositing an initial amount. On the other hand, a few robot software offers a demo account for traders, so that you can backtest the platform before depositing money.

An automated trading platform requires to connect with the broker’s platform. You will find a list of supported brokers on the robot website that you will choose.

The initial deposit amount depends on the robot. However, the minimum amount is $250 for most of the software that works in the trading market.

After setting the program, the auto trading robot will continuously monitor the financial market and execute trades. You can also download the platform in your computer or other trading devices. However, it is not required for all trading robots.

When To Use An Automated Trading Software

Generally, traders use an automated trading robot to execute trades faster. To make a profitable trade, it is mandatory to analyze the current trading market situation.

In binary option, investors need to predict the future price of an asset. All of these require basic knowledge and the understanding of valuation determinants.

Expert traders and analytics sometimes use some technical terms to represent the market value of any asset. To represent the value, traders use different trading tools, graphs, and indicators.

Not only in the Binary Options Trading but also, the process is similar for all trading types. There is no particular time to trade with binary options trading bot. But, it is wise to avoid trading in the High Volatile Market (3Bull) .

To slow down tension, experts brought binary options auto trading software in the market. The simplicity of auto trading software is that it performs all chores by its own and trade.

But, our recommendation to check the market manually based on the economic calendar and then set your bot according to a perfect strategy.

For its tremendous benefit, binary options auto trading software is getting popular among traders. We support fully web-based binary options auto trading software which works fast and smooth.

Best Binary Options Robots

As with all markets these days, automated trading has also entered the world of binary options trading. This type of trading is also known as algo-trading or in this case, the use of binary options robots. The system uses an electronic platform to enter different trading orders with the help of an algorithm. An algorithm is a series of data analysis and instructions used instead of human decision making. As such, it requires no human intervention because the electronic platform executes a pre-programmed set of instructions at various times. At a time when markets have to process a large number of data and news – sometimes random, many traders have taken this option. It is also used by professional investors, including pension and mutual funds, as well as investment banks and certaining institutional trading firms. Every step of the trading process is handed over to binary options robots who manage all aspects of the trade. Automated trading in binary options requires no analysis on the part of the investor, as advanced software uses the knowledge of experts in both IT and the financial markets who have helped develop the program to trade on behalf of others.

There are a number of factors to look at when deciding to use an automated trading system and this applies to all types of financial instruments.
It should be trustworthy and reliable.
It should be free, or low cost at least.
It should be web-based.
It should be supported by a range of reputable brokers.

Successful binary options trading requires careful market analysis.

The premise behind binary options is to predict the direction or a pattern of an asset’s price, and for some, this does not come easy. However, a certain understanding is useful of the fundamental valuation determinants, as well as the technical aspects using charting systems and graphs. In addition to this, it also requires a significant amount of time – something not all traders will have readily available. As such, automated trading has offered an alternative way for many traders to improve results without having to spend hours sat at the computer or working out the mechanics of a particular binary option (in this case). When these systems first entered the world of trading, binary options robots were less sophisticated, and not the easiest tool to use. Thankfully, development and technology has moved, and binary options automated software is much more user-friendly, increasing its popularity.

Binary options traders with only a basic knowledge may feel comfortable to rely on binary options robots throughout the whole process of trading. This is effectively a form of passive investing with no real input from the trader or investor though an understanding of this market is required to decide whether this is an area worth investing in. They do not necessarily need to sit in front of their computers watching the charts and other market indicators, nor do they need to constantly be vigilant on the markets. In this instance, it is all about placing one’s trust in a trading system which focuses on binary options if you believe this is the best way to take advantage of the market as it currently is.

Binary options automated trading may seem as attractive as a number of other algo trading systems, but they all carry the same market risks as well as a highly competitive industry which tries to win out on speed (of trade entry and exit) as much as anything else. There are no guarantees of profits every time, but advanced systems can generate returns, you just have to decide whether this is something you want to trust in, or whether your own decision making process will work better.

Just as one has to decide whether trading the market with binary options is better than trading traditional Forex, you also have to ask whether your own judgement is worth giving up for the trust of an automated trading system.

Are binary options robots reliable?

This is one of the most commonly asked questions with regards to trading with binary options robots. This largely comes down to researching systems, which in some cases may prove to be more time consuming than learning and trading the market yourself. If one can find a reliable system through recommendations, then as a new form of investment, may be of use to those who do not have time to devote to following the markets closely.

Binary options automated trading makes the whole process of trading much easier for the average trader, as well as those who are entering the binary options market with limited experience. Automated trading and the associated binary options robots offer direction to beginners. However, putting complete faith in trading robots is not something all will be comfortable with, especially if you have developed your own trading system based on your own decision making process. Let us not forget, that trading through binary options can tie up your capital, and can be quite inflexible, as we have discussed in other sections, so if you are committed to trading the markets for yourself, then understand that the trading signals generated are based on human decisions .

However, the automatic platform does provide the inexperienced trader with the information they would otherwise have to find for themselves. Manual binary options trading requires analysis of charts and an understanding of the markets on a fundamental basis, including trends and asset class specifics. Even so, should one decide to decide with their own decision making process, then there are plenty of sites which can be educational as well as informative in terms of news and data, and this can be quickly assimilated in a day and age where information is much more readily available. This website will aim to provide as much of this as possible. An automated system, may increase a trader’s chance of success, when having limited knowledge of the market and processes, but this can be replicated in many other ways.

The number of automated binary options applications is increasing on an almost daily basis.

Binary options robots have become very popular, and there are plenty of providers coming to market. The more established names are more likely to be a more reliable, for example, those linked to larger financial institutions. We’ve already explained the ins and outs of binary options automated trading, so now we look at how to separate the good from not-so-good.

Binary options robots make it possible for traders to make profit in a number of different situations, particularly those that require swift decisions. A robot can help you get better results faster, and can also help you to trade more efficiently. Even so, learning how to trade in a disciplined manner with rigid risk management systems is also something which is widely advised by all serious market advisers.

As attractive as binary options can be, either manual or through automated systems, the flexibility of trading the underlying asset or spot markets can be just as rewarding with just a little time and effort in developing your own style of trading. As we have stated above, there are many educational sites which can assist you with this, and will allow you to trade with a little more freedom than with the use of options.

If you wish to stick with automated trading of binary options, it is naturally important to find the most reliable and successful ‘robot’ you can find. This in itself is not easy, but here are certain things one can look out for.

How to spot an illegitimate binary options robot

No previous trading history. Look for information on previous trading records. If there isn’t any, this should raise your suspicions. A robot that has made profits should have no reason to hide this. will have no qualms about letting everyone know. A number of robots will promise big profits, but a proven track record will prove this. A legitimate robot will have its trading history clearly visible on its website.

Design of a poor website. This is possibly one of the biggest tell-tale signs of an inferior robot. There are few rogue ‘bots’ who will bother to spend time and money on their website design. If the website looks amateur, it is likely that the people behind it are amateurs too! If the robot site is well developed and stylish and equals the quality of more established names, the input into the site is more likely to be matched by their integrity.
No robot features are mentioned. The website should inform you of the robot’s features. If none are offered, then this will give the investor little to go on and should be avoided. An honest-trading binary options robot will have a wide range of possible customisation options so that traders can tailor the robot in accordance with their own trading parameters.

Exaggerated results and unrealistic returns. Always be wary of binary options trading robots that promise very high returns. A projected income of more than $1,000 a day is clearly an exaggeration, especially if not specified on what basis or account size. A more reasonable expected income based over weeks rather than days, shows a more risk managed approach. Fine tuning and patience is required, along with some experimentation. Any form of investment requires a certain amount of risk, so not all trading robots that promises a guaranteed income are to be ignored.
Only compatible with unregulated brokers. Only the best binary options robots are accepted by the more reputable brokers. If big-name brokers do not trust a certain robot, then neither should you.

Customer support is non-existent. A fraudulent robot site will not be interested in the problems of its clients, so there may not be any contact details on its website. If there are, then try to communicate with them, if only to get more information before signing up to a particular service. If you’re able to get the answers to your questions, then this will instill more trust in the robot program.

Short history in the market. A short lifespan in the market does not necessarily mean a robot is inferior, but it should raise some concerns. It is better to look for automated trading software that has been around for some time, say a few years (at least), which would also prove that their program has been successful for a length of time. Bad ones do not last for long!

In conclusion, there are a number of automated binary options sites out there, and some come at a cost, while others are free to use. We will feature some of the better binary options robots in future articles, but we have plenty of other informative sites which can give you a direct insight into the markets in order for you trade directly yourself. This may well be significantly rewarding, both financially as well as in developing your knowledge base and general up-to-date information on the markets.

4 Best Binary Options Robots 2020

Binary options trading has continued to gain popularity over the current decade. More and more people are getting into binary options hoping to make a steady income from it. Some are succeeding, but many do not succeed. A good number of those trading in binary options have employed the services of a binary options trading robot. What is binary option robot? It is a robot that you feed with your strategy and it makes the trades on your behalf. The robot observes the fed signals and indicators and makes the trades the way you would. People with no strategy mainly depend on the binary options robot platform signals. That’s not a very good idea though (we will see why later on). So, which are the best trading robots? Which are the legit binary options robots?

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We are going explore various binary options trading robots, in one of the best binary option robot reviews. We will look at the results they produce under various circumstances, and try to make an objective judgment about their suitability. Binary options robot allows you to trade even when not sitting at your computer. You will not be able to sit at your computer’s screen 24/7. While you are not there, there might be a great signal or indicator that you would be certain can lead to a profitable trade. Binary options keep on the lookout for such so that you don’t miss out on a potential chance of profiting.

Binary options robots also allow you to mitigate the risks your money is exposed to. For instance, you can decide that you can only lose a certain amount a day. Let’s say you have a remaining deposit of $1000 at the start of the day. You can instruct the robot to stop trading when you lose 20% of the starting deposit. The robot will stop trading when you lose $200. Obviously, the strategy is not working. You get a chance to come and review your strategy, instead of risking losing all your money. Let’s review five of the most popular binary options robots and see how they perform. We compiled the best binary option robot list, based on their online presence. Do they really deliver? We will find out.

Best Binary Option Robots 2020 Comparison Table

Robot Name Price Min Deposit Features Rating
FREE $250
Binary Options Robot Minimum deposit ($) Minimum Stake ($) Winning Rate
OptionRobot 250 5 83% 1st Choice
FX. Masterbot 250 5 90%
Binaryrobot365 100 1 90%
Cryptorobot365 250 25 90%

1) OptionRobot

Optionrobot is one of the most popular binary options robots. Optionrobot allows you to set up indicator according to your strategy, which it then uses to generate signals and execute trades directly on your broker’s account. Optionrobot offers either high-risk fast profits, accurate, or safe and secure money management strategies. You can incorporate other aspects of your strategy in while setting up the indicators. At the moment, Optionrobot offers currency pairs only as the trading assets.

OptionRobot Account

Enlisting for the services of Optionrobot is quite simple. You just need to visit one of their platforms and sign up for an account. Optionrobot operates both proprietary web and App platforms. Once you have an account you will need to select a binary options brokers that you want to work with. Optionrobot works with nine binary options brokers. There are several factors you should consider before settling on a particular broker. Optionrobot offers you the chance to trade with the following binary options brokers.

  • VEMarkets
  • Brighter Trade
  • CFDS100
  • eMarkets Trade
  • Millennium-FX
  • Capital Traders
  • KayaFX
  • Ashford Investments
  • Greenfields Capital

You can trade with any of the binary options traders above depending on how suitable they are for you. You will then make the minimum deposit as required by the binary options brokers. The different brokers require different minimum deposits. The minimum deposit for a majority of the brokers on Optionrobot is $250. eMarkets Trade has the largest minimum deposit. It requires up to $2500 for you to get a trading account. Optionrobot encourages its traders to start with a minimum deposit of at least $500. The minimum trade amount on Optionrobot is $5. It is uniform for all the brokers. Optionrobot is said to have an accuracy rate of 83%. That’s an impressive accuracy. You are guaranteed profits if at all it is that accurate. So, is it really that good? Let’s explore the various settings you can make on Optionrobot and try to draw a conclusion.

Trade Indicators

You as the trader, have the right to choose which indicators you want to trade with. Optionrobot offers you six types of indicators to choose from. You can work with one or several. The indicators are;

  • Trend – this indicator uses the overall performance strategy. It observes the current trend of the chosen asset to determine whether it’s a time for a call or put.
  • MACD – the MACD (Moving Average Convergence Divergence) indicator is normally used hand in hand with the Trend Indicator. The indicator uses the technical analysis strategy. It observes the discrepancies between two moving averages and compares them to a time in history with similar circumstances, and makes predictions based on the results.
  • RSI (Relative Strength Index) – the RSI indicator keeps tabs on price movements. High prices are an indication to sell, while low prices are an indication to buy.
  • STOCH – STOCH is an indicator system created by Dr. George Lane. The system keeps tabs on the market conditions’ speed and momentum.
  • CCI (Commodity Channel Index) – This indicator bases every judgment on average calculations over a long duration.
  • WILLIAMS – this indicator is quite similar to the RSI. It keeps an eye on undersold areas and takes advantage of them. It normally involves trading over short durations.

Trading Methods

The trading methods on Optionrobot are basically money management strategies. They are three;

  • Classic- this is the safe and secure strategy
  • Martingale – this is the high-risk faster profits strategy
  • Fibonacci – this is the high accuracy strategy. It’s a middle ground between the latter two

Verdict

The choice of trading indicators and trading methods on Optionrobot gives you a certain level of control over your trades. Therefore, your success will largely depend on your strategy. Given that you have a working strategy, the 83% promised by Optionrobot is still farfetched. Always keep in your mind that a binary options broker will not work with a robot that’s winning all the trades, because it means losses for them. That being said, you could still end up in profits with Optionrobot if you have a very robust strategy. Optionrobot offers you one of the best binary option robot auto trading software.

2) FX. Masterbot

Masterbot is yet another very popular binary options robot. It works similar to the Optionrobot in many ways. At the moment, FX. Masterbot offers 17 currency pairs and 5 cryptocurrencies only, as the assets you can trade with. FX. Masterbot was launched in December 2020 and has gained a lot of popularity. Part of that popularity is massive claims that it is a scam. An equally massive section of the web claims its one of the best binary options robots around. That should tell you something, there is a good number of people who have profited using FX. Masterbot and are excited about it, whereas a good number has also lost their investment and are feeling disgruntled. Let’s try to bust the myths and misconceptions. Is FX. Masterbot legit? Can you profit from it?

To understand how FX. Masterbot works, let’s explore a few aspects of FX. Masterbot

FX. Masterbot Account

Masterbot offers three types of accounts depending on the amount of money you have for the minimum deposit. FX. Masterbot will make the deposit to the binary options broker you choose on your behalf. The three accounts on FX. Masterbot are;

1) Novice – this is the cheapest account on FX. Masterbot. This account attracts a minimum deposit of $250. The account’s privileges are;

  • 3 currency pairs
  • Multiple brokers
  • Leaderboard multiplier x1
  • 3 open trades
  • Free signals

2) Expert – this is a more advanced account. It requires a minimum deposit of $500. The accounts attract the following perks.

  • 9 currency pairs
  • Leaderboard multiplier x2
  • Auto trading
  • Advanced settings
  • Unlimited open trades
  • Multiple brokers

3) Master – this is the most advanced account. It attracts a minimum deposit of $1000. This account offers you the following perks.

  • 17 currency pairs
  • Leaderboard multiplier x3
  • Unlimited open trades
  • Multiple brokers
  • VIP customer support
  • Advanced settings

FX. Masterbot works with several binary options brokers. Among the most notable are 24Option and EuropeFX. Both of these brokers are licensed by CySEC. That gives a bit of reassurance that FX. Masterbot is legit, but not a guarantee. 24Option is a renowned binary options broker and would not want to taint its reputation by working with a scam binary options robot. That’s not a guarantee that it is legit though. It is important to note that, unlike brokers, binary options robots are under no obligation to get licensed. You engage them at your own discretion.

The platform claims that it cannot calculate and publish any exact results of the winning rate of the robot because there are too many variables in play.

Trading Signals

FX. Masterbot provides the signals and the robots acts on the signals. These signals are generated by FX. Masterbot. You have no choice of trade indicators. You only set up the risk levels, trade durations, and the minimum stake you want to work with. You, therefore, employ no strategy. The trades and judgments are made solely by FX. Masterbot algorithms. You need to download the FX. Masterbot’s binary option robot auto trading software to get the auto-trading feature.

You have a little bit of control on FX. Masterbot, thanks to the reverse trade feature. The feature allows you to set the robot to do the opposite of what it would normally do when reacting to certain signals if you notice you are only losing. That does not guarantee that you will start winning though.

Verdict

So, is FX. Masterbot legit? We can’t say with certainty, but we can make an objective judgment based on several factors. As mentioned earlier, binary options robots are under no obligation to be licensed. That’s why you can never really tell whether a robot is legit or not. The judgment is however based on their operations and the results.

First, the fact the FX. Masterbot publishes no average winning rate. That is a red flag, in as much as most of the other robots publish false winning rate. Why? they simply don’t want to commit. There are a number of reviews putting it at 90%. That’s quite far-fetched.

Second, the trades made by the robot are solely by FX. Masterbot algorithm. It gives you no chance of employing any strategies of tactics, even when you have some analytical skills. That’s not so nice either. You can choose to trade manually though.

Third, The FX. Masterbot landing page has very scanty information Based on the aspects above, our verdict is the FX. Masterbot is more likely a scam than not. That is quite debatable though. None of these aspects stop it from being one of the most popular binary options robots. So, it must be working for some people. It might as well be the best binary option robot machine.

3) BinaryRobot365

Binaryrobot365 is yet another acclaimed binary options robot. Binaryrobot365 busted into the scene just over a year ago. It has gained massive popularity since then. One of the good things about it is that you don’t have to complete any binary option robot software downloads to get access to the services. There are as many praises about it, just as there are many call-outs of it being a scam. The robot promises up to 90% winning rate. If you have substantial knowledge of binary options trading, then you know how far-fetched that is. They only put that because it is hypothetically possible. Realistically, is almost impossible since based statistically the probability of getting a 90% winning rate is next to zero. Having said that, is Binaryrobot365 legit? How do its services compare? Let’s explore.

Binaryrobot365 Account

Signing up on the Binaryrobot365 platform is easy and straightforward. Binaryrobot365 accounts are free there are not account packages. All accounts are similar. Once you have an account, you choose that binary options brokers you want to work with. It works with a couple of brokers. The brokers include;

  • 24Option: $250
  • BDSwiss: $100
  • Stern Option: $250
  • Dinero Libre: $250 (the US only)
  • EmpireOption: $200
  • PlusOption: $250
  • StockPair: $250

The amounts indicated beside the brokers are the minimum deposits for the respective brokers. Binary Options works with some highly reputable and trusted brokers. That goes a long way toward providing some reassurance that it is legit. It is not a guarantee that it is legit though. For instance, Dinero Libre is under very strict laws and regulations. Brokers engaging US resident must subtribe to the tight laws of US binary options regulators. It would never want to taint its reputation by getting involved with a scam system. It would be risking getting de-licensed too if it did.

Binaryrobot365 allows you to either use their systems and trade automatically (based on their algorithms) or the robots to according to your strategy. You can also choose to trade manually. Binaryrobot365 incorporates all the trade indicators and methods available. You can use them to set up a robot working with your own strategy. It has;

Trade Indicators

Trade Methods

Binaryrobot365 also has a stop-loss and risk feature. The feature allows you to mitigate risks and ensure you don’t lose a lot of money while the robot keeps trading. You can set it up to send you a notification when you lose a certain amount, or even deactivate the robot from trading further. The indicators and methods and the risk mitigation features make up the best settings for the binary option robot. Binaryrobot365 also offers you a binary option robot demo account, to experiment first, before you get involved.

Verdict

Binaryrobot365 employs the same old tricks of trying to get traders on board by any means whatsoever. They have these testimonials on their platform claim to have huge profits trading with Binaryrobot365. You should know these testimonials are nothing to go by.

They also have this huge disclaimer of how their robot has a winning rate of 90%. Nothing can be further from the truth. Binary options cannot be predicted with 100% certainty. The difference between wins an loses id always very thin. Note that your money does not double when you win. A majority of the brokers offer 85% profit on the staked amount. You have to win over 60% of your trades to profit. Rough estimates give the highest-profiting traders in binary options a winning rate of 70%.

All indications point at Binaryrobot365 being a legit binary option robot. The fact that they let you set up the robot using your own strategy is great. You also get to mitigate the risks hovering around your remaining balance. However, you should not sign up expecting to double up your investment quick. You go to have your strategy right just as you need it without the robot, to stand a chance. Anyone getting involved without a strategy might be in for a rough ride. All the same, it is one of the best auto trading software.

4) CryptoRobot365

Cryptorobot365 is yet another typical binary options trading robot. In fact, Cryptorobot365 is an exact replica of Binaryrobot365, only that its trading assets are cryptocurrencies only. You trade with cryptocurrency assets such as bitcoin, Monero, Litecoin, Ethereum, and others. There are a lot of call-outs of Cryptorobot365 being a scam due to its almost identical features to those of Binaryrobot365. Cryptorobot does not lay claim to any winning rate though. That’s both a bad thing and a good thing. It is a bad thing because it shows some unwillingness to commit. It is a good thing because it shows that they are not looking to entice people with promises of high profits. Let’s explore it and draw our own conclusions.

Cryptorobot365 trading account

There is not much to explain about Cryptorobot365’s trading account. You just fill up the sign-up form, and you are in. You will then choose a binary options trading broker from the list provided, and make the required minimum deposit. Cryptorobot365 works with the following binary options brokers;

  • Ashford Investments
  • BrighterTrade
  • Capital Traders
  • CFDS100
  • eMarketsTrade
  • Olsson Capital
  • Opteck
  • Roiteks
  • VEMarkets

Most of these accounts have $250 as the minimum deposit and $25 as the minimum investment. Unfortunately, most of these binary option robot brokers, if not all, are not licensed. That’s a major red flag. It does not necessarily mean Cryptorobot365 is a scam. It says you probably need to tread very carefully while engaging with it. Even when engaging binary options brokers directly, it is prudent to go for the licensed and regulated ones. A binary options robot that has only unlicensed brokers, does not leave behind very little to be desired if any.

On a brighter side, Cryptorobot365 allows you to set up the robot according to your own strategy. It has the trade indicators and methods that allow you to do so.

Trade Indicators

Trade Methods

The trade indicators and methods allow you to set up the robot with your own strategy. You do not depend on the whims of Cryptorobot365’s algorithms. Cryptorobot365 only offers you the service of executing trades when you are not available. You can also choose Cryptorobot365’s automated binary options trading. You can also use their signals and trade manually. If you are an experienced trader, you will tell with time whether their signals are legit, and or whether they are working for you.

Verdict

Cryptorobot365 make it really had to call a shot regarding its legitimacy. You will be on a safer side if you are trading on your own strategy. Based on various factors, we believe you will most likely lose than not if you have no strategy and are depending on Cryptorobot365’s algorithms. Please note that you might also lose even if you have a strategy. It depends on whether you have the right strategy.

Cryptorobot365 have tried to avoid giving the impression quick profits. Their landing page has not testimonials or any claims of their clients earning a certain amount. One, that might mean that there actually no one making more using them. Two, it might mean that they are simply trying to remain realistic and not offer you unrealistic promised, only for you to get disappointed later. A number of reviews put the winning rate at 90%. It is prudent to always quickly disregard any such claims.

We will base our answer to the question of legitimacy on whether you can make profits using the robot all not. Can you make profits? Yes, you can, if you play your cards right. Have a robust working strategy, then set up the robot to execute the trades for you. Therefore, from an angle of Cryptorobot365 offering you convenience in the way you trade, yes, it is legit. If you are hoping Cryptorobot365 will be making money for you as you do nothing, we are sorry to tell you that you are in for a rude shock. Having said that, Cryptorobot365 is still one of the best automated trading software.

Factors To Consider When Choosing A Binary Options Robot

Lately, there have been a lot of binary options robots sprouting everywhere. It is interesting that after decades of people struggling with making money with binary options trading, so many people have magically found a way to make the trade profitable. We are by no means implying that the trade cannot be profitable. We are saying, making money from binary options trading might not be as easy as many advertisers try to make it look. We like to insist on having some analytical skills and using them to come up with a strategy. Depending on luck alone is spelling doom for yourself, as far as binary options robots are concerned. The trading robots that work are the ones that you have the right to tell what to do.

When it comes to binary options trading, we recommended that you use them to ensure you don’t miss a potentially profitable trade, while you are away from your computer. Woe unto those who think they can just set up a robot and make money with zero skills and doing nothing. That time has not come yet. Any site claiming that you can set up a robot with zero skills and profit is most likely looking to just scam you off. Ask yourself, why wouldn’t the makers of the robots just trade with the robot themselves if they are so good? Why do they need to spend so much time, energy, and resources to persuade people to enlist?

Having said that, the robot is still useful. You can use them to make your trading convenient. You would continue trading even when you are not at your computer’s screen. Before you choose any binary options robot, consider the following factors.

Are Brokers Licensed

The binary options brokers use different binary options brokers. In any case, it is always prudent to go with licensed binary brokers. As such, it is also advisable that you go with binary options robots that engage licensed binary options brokers. They are trustworthy. Please note that binary options robots, unlike binary options brokers, are under no obligation to get licensed.

Trade Indicators and Methods

It is important that your binary options robot offer allows you to incorporate the various trade indicators and methods in your robot. This allows you to set up the robot to act as you would in various circumstances. Any automatic robot that uses the system’s algorithms strips you of any control in the trade. If the party making the trade for you is partners with another party that would rather see you lose that win, then its easy to understand how slim your chances of winning from such are.

Conclusion

The bottom line is that binary options robots should do what you would do if you were at your computer’s screen. It better to lose and know it’s because you made wrong judgments, then lose and not know what happened. Whether you are trading with a robot or manually, the notion being sold that anyone even those with no knowledge of financial markets can profit from binary options is a fallacy. Does that mean you can find a binary trading software that works? Neither a software nor anybody will work for you if you know anything. That does not mean that you cannot learn how to read and analyze financial markets’ charts and draw logical conclusions from them and the factors affecting them. After going through the review, you should realize its best you leaned binary options trading strategies than spending time wondering what is the best binary option robot.

Below is a binary option robot comparison table.

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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