Profitable Auto Trading Robot

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7 Binary Options

Recent advances in binary option trading robots have prompted traders to consider using them a lot more often than before in binary options trading. They are very useful for making trades at times when the user is busy doing other things. It helps to create a more relaxed trading environment for the investor too.

They also can be programmed to trade with reduced risk because the trader inputs into them the parameters that the robot will trade by. Auto trading robots also make trades without factoring in emotions; that is something that causes many human traders to lose money on their trades.

One of the more popular and reliable auto trading robots is the Binary Option Robot. It is the type of robot trading software that can produce results even when the trader is at work, play or even sleeping. Once the user inputs their carefully analyzed trading parameters into the Binary Option Robot, they simply go about their business and the robot takes care of the rest.

The system is designed to work by making trades that use the software’s complex algorithms in combination with the parameters that the trader programmed into the Binary Option Robot. The software will even send the user alerts from time to time so they can make trading decisions. Trader can choose multible binary option broker`s, like Banc de Binary to trade with.

It does not matter what level of trading experience an investor has when it comes to using the Binary Option Robot. It works well for both beginner and veteran traders. The Binary Option Robot will work on both Mac and Windows driven pc’s and will also work on a variety of tablets and mobile devices.

Top Bitcoin Robot 2020 – Legit and Accurate

If you’ve invested in Bitcoin or any other cryptocurrency, you’ve probably heard of bitcoin robots. A bitcoin robot is a tool that makes the buying and selling decisions on behalf of the trader and executes trades accordingly. Bitcoin robots have a much higher accuracy than humans, which means that they are more likely to make winning trades and generate profits in both rising and falling crypto markets.

However, as more robots have cropped up over the years, so have scam products which have stolen people out of their money, taking advantage of the unregulated market.

For this reason, it’s important to be well-informed when selecting a robot. In this guide, we have put them to the test and have discovered which ones appear legit, and the scams that you should steer clear from. Read on to find a legit bitcoin robot today.

Find in This Article

What is a Bitcoin Robot?

A Bitcoin robot is an auto-trading software that use complex algorithms and mechanisms to scan the Bitcoin markets, read signals and make decisions on which trades to place in order to provide profit.

As a robot, they are far more effective than humans because they are able to scan all information available on a particular cryptocoin (in this instance Bitcoin), and execute trades, all in a matter of seconds.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Best Choice For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Trustful Broker. Recommended Only For Experienced Traders!

The way robots work is by looking at buy/sell signals. These signals are what allows the robot to be seconds ahead of the market, which means that you will be able to make bigger profits than everyone else. One of such robots is the popular Bitcoin Revolution robot, which boasts an incredible win rate of 99.4%!

Advantages and Disadvantages of Bitcoin Robots

Understanding the advantages and downfalls of automatic trading are quintessential in extracting the best out of these tools. While robots have some similarities with humans, they differ greatly which can make them both more accurate and more risky.

Advantages

    Robots are far more effective than humans because they are able to scan all information available on a particular cryptocoin and execute trades, all in a matter of seconds. Bitcoin robots are not subject to feelings or emotions – they purely base their decisions on logic and algorithms. This makes their accuracy far higher than those of humans. Some robots have an accuracy of up to 99%, which means that they virtually do not place any losing trades. Bitcoin robot trading is a lot faster than manual trading. Instead of manually analysing markets, opening an account on a cryptocurrency exchange platform, waiting for verification (this can take up to 2 weeks), waiting for a profitable trade, and going through the withdrawal process, the bitcoin robot will take care of all of this for you. Easier than manual trading : all you have to do is make a deposit and leave the system to it. You can then withdraw your profits daily, with no hassles. Reputable robots such as Bitcoin Code even offer 24/7 customer support.

Disadvantages

    Like manual trading, bitcoin robot trading has risks, and are not 100% accurate all the time. Robot trading can be complicated for those who are not familiar with them The market is unregulated and there are many scams flying around, meaning that users must be well-informed before investing Like other types of trading, capital loss is a possibility.

Which Bitcoin Robot is Right For Me?

Today, there are hundreds if not thousands of bitcoin robot offerings advertised on the web. While the concept behind a bitcoin robot is legitimate, not all bitcoin robots are worth their salt and some are verified scams! InsideBitcoins aim is to separate the wheat from the chaff through comprehensive and unbiased reviews. Our list below shows the best bitcoin robot systems, ranked by rating. If you want to find out how to sign up and start trading to a robot now, skip to how to sign up to a bitcoin robot section

To help you get started in the world of automated trading, we’ve tested a variety of robots. We have classified them from outstanding robots to average robots, and finally robot scams.

Best Bitcoin Robots

Good Bitcoin Robots

We found the following robots to be free to use,and capable of trading well if used correctly. Their software has been tested and we confirm that they are active and fully working with a demo account.

Bad Robots / Bitcoin Robot Scams

And, finally, we found the following robots to be scams. These robots should be avoided as they are high risk and you can end up losing your capital if you decide to trade with them. To find out why they are scams, you can read our reviews by clicking on the hyperlinks.

Bitcoin VIP Club

How to Trade on a Bitcoin Robot

Signing up and trading on a bitcoin robot is pretty straightforward. For this tutorial we will be using Bitcoin Code as an example as in general, the process is similar on most bitcoin robots.

Bitcoin Code is a bitcoin trading robot that claims to help ordinary traders make huge returns on their bitcoin investment with an investment as little as $250. The robot was founded by Steve McKay, a software engineer with over ten years of experience making trading robots.

Bitcoin Code relies on sophisticated computer algorithms to analyze tradable data in the crypto markets and make investment decisions. This automated trading tool is said to have a success rate of 99.4% which is among the highest in the industry. InsideBitcoins has determined that there is an element of risk in this trading tool which means that traders should monitor their accounts at least 20 minutes per day.

Tutorial

1. Go to Bitcoin Code

Most Bitcoin Robots have testimonials and promises on their front page. This is the number one cause of alarm for traders wary of scammers. While it is true that some bitcoin robots have exaggerated testimonials and promises, it does not necessarily mean that they are a scam. InsideBitcoins reviews present an evidence-based approach to help you get the true picture of what to expect with some of these crypto-traders.

2. Fill in the sign up form (registration only takes 2 minutes)

In this age of internet fraud and personal data theft, it is important to ensure that all online registrations are secure. InsideBitcoins analyzes every robo-trader registration process to determine how seriously they take users online security. A secure robo-trader should have an SSL secured website, proper password policy and also a secured database.

The registration process should also correct relevant data only and should give users an option to opt in or out of unsolicited emails. Most legitimate robo-traders require the usernames and email only and do not store sensitive billing information.

Another important thing to pay attention to is how easy the registration process is. A good Bitcoin robot should not complicate the registration process with unnecessary verification requirements. Traders should be able to open an account and start trading within a short timeframe preferably less than three minutes.

3. Start your demo trading

Once you have registered, you need to get a feel of the trading platform before going live. The best way to do this is through a demo account. A legitimate bitcoin robot will provide a demo trading tool, but it is not unexpected to find some without. Those with demo accounts also provide backtesting data to demonstrate how the robot works in live trading.

It is important to note that the results obtained in the demo account do not fully represent what you will get in a live account. InsideBitcoins recommends that all beginner traders start with not more than the minimum investment required and only add capital once they are comfortable with their robo-trader.

4. Deposit funds

Most bitcoin robot providers will require you to deposit a minimum capital of 250 (USD or EUR) to access their trading tools including the demo trader. The best robo-traders accept multiple deposit methods including MasterCard, Visa, Wire Transfer, Ok Pay, Skrill, Neteller, Qiwi and others. Also, deposits and withdrawals should be processed within 24 hours and should not incur any charges.

5. Let the bitcoin robot trade for you

All you must do after having deposited is activate the auto-trading function and that’s it! You can forget about it for a few days and you should come back to a nice profit. Don’t be discouraged if you don’t see profits straight away – the crypto markets have high volatility but overall, you should be in the profit!

Click here to try the most popular bitcoin robot, Bitcoin Code , for yourself.

How Does a Bitcoin Robot Work?

Robo-trading has been around for the last ten years in forex and stock day trading. However, for the crypto industry, this method seems to have gained popularity in the last two to three years.

In general, robo-trading involves the application of sophisticated computer algorithms to analyze investment data and make trading decisions.The analysis happens supersonically to ensure that trades are placed before the markets adjust to new information.

The technology behind a bitcoin robot makes it possible for users to see the logic behind their profits or losses. These tools rely on computer algorithms coded using the trading strategies of the world best crypto traders to scan the bitcoin markets data and execute trades basing on this data.

Some of the best trading robots in the forex and stock market can capture valuable information such as breaking news and make corresponding trades.

When a trader earns profits, it is possible to tell how they did it since the algorithms can show the analyzed data and the corresponding investment decision. Market data analysis happens super-fast which makes it possible to make money even on the slightest prices movements. This explains why it is possible to make money with this robot in both rising and falling crypto prices.

Other trading robots depend on forex signals, stock signals or crypto signals from industry gurus. These tools copy the trading strategies of the identified experts and execute them in the users account in a method known as social copy trading.

Crypto robots apply similar algorithms to analyze cryptocurrency market big data and make investment decisions. Some of the best industry players are based on advanced technologies in Artificial Intelligence and Machine Learning. Such robots are likely to make more accurate decisions than their counterparts.

A trading algorithm can be identified as a mathematical formula of a predetermined trading strategy. In AI and ML-based algorithms, the mathematical formula keeps improving as it is subjected to more market data. In other words, the more it trades, the more accurate it becomes.

How Much Can I Expect to Make With a Bitcoin Robot?

The majority of top bitcoin robot software out there promise to help investors make a minimum profit of $10,000 per day. However, the returns depend on the invested capital. CryptoSoft, for instance, guarantees investors an average profit of $13000 per day. InsideBitcoins cannot guarantee the truthfulness of these claims, but it appears that most traders who have tried them are happy with the outcome.

Fintech Limited is another popular bitcoin robot claiming to make overnight millionaires out of ordinary people through crypto-trading. Some of the people in their review section report to have made thousands of dollars in less than a week out of an initial investment of $250. Fintech Limited categorically states that individual profits depend on their invested capital. The more the invested capital, the higher the returns.

A trading algorithm can be identified as a mathematical formula of a predetermined trading strategy. In AI and ML-based algorithms, the mathematical formula keeps improving as it is subjected to more market data. In other words, the more it trades, the more accurate it becomes.

What Type of Trades Can I Place with a Bitcoin Robot?

BTC robots are fully customized for bitcoin and other crypto trading. As mentioned earlier, these tools come fully equipped for crypto trading but do not support other assets trading.

With BTC robots, you can trade either manually or automatically. Manual trading involves the robot doing the market analysis and the trader manually placing trades based on the robot research. Automated trading, on the other hand, involves the bot conducting market research and placing corresponding trades.

Most trading robots offer both manual and automated trading options. In manual trading, the robot does the market analysis and recommends investment strategies, but it is for the trader to decide whether to implement them.

Automated trading, on the other hand, involves the robot carrying out investment research and automatically executing trades basing on this research. While manual trading requires constant monitoring, automated trading does not. In fact, most automated accounts require less than 20 minutes of monitoring per day.

Either way, InsideBitcoins recommends that you schedule trading sessions and close all your trades after these sessions. Remember that bitcoin robots are not without risk which means that you may find yourself experiencing huge losses if you are not monitoring your account regularly.

Some BTC robots come with a demo account to help traders familiarize with their trading platforms before live trading. A demo trading platform comes equipped with virtual money and is simulated on real but historical data. While demo trading somehow reflects the potential of the trading robot, it does not give the full picture. This means that the results you will get in live trading are likely to differ with what you get on demo trading.

Behind any trading robot is a broker who is tasked with executing buy and sell orders on behalf of the trader. These brokers are also responsible for facilitating deposits and withdrawals and are the one to reach out to when in need of clarifications regarding trading. The companies behind the robots usually operate hand in hand with these brokers to ensure that everything is running smoothly.

Are Bitcoin Robots Scam or Legit?

As you can see, most brokers behind auto-traders are questionable. so InsideBitcoins has tested and verifies brokers based on their years of experience and reputation.

While not all Bitcoin Robots are legit, the concept behind the robots, in general, is legitimate. A good bitcoin robot should be able to beat the markets most of the times and generate considerable returns for the traders. Most crypto-traders in the market today promise investors to make thousands of dollars per day with an initial investment of as little as $250. These results may be achievable with some but not always.

Do not subscribe to a bitcoin robot with the mentality that you will get rich quickly. With some robots, the profits may be small at the beginning but will increase as you upgrade your account. InsideBitcoins reviews give you a true picture of what to expect with different bitcoin robots regarding profitability.

Bitcoin Robots and Possible Risks

What most bitcoin robots providers won’t tell you is that there is a risk in trading with these tools. While the risk is not that big, it is there nonetheless meaning that there is a possibility of losing all your investment. Unlike long-term investments, day trading involves getting in and out of trading positions rapidly which makes it possible to experience huge profits or huge losses.

As a rule of thumb, never trade with an amount that you cannot afford to lose. Always remember that speculative investments should never take more than 10% of your portfolio. We recommend that you start small with bitcoin robots and reinvest your profits as your account continues to grow. The same case should apply for trading robots.

It is important to note that most bitcoin robots promise an accuracy level of 99% and above which when loosely translated means that with their robots, at least 9.9 trades out of 10 are correct. And given that there is no way to confirm this, InsideBitcoins recommends that you do enough due diligence to confirm how often your bitcoin robot of choice delivers these results. The best place to start is by reading our unbiased and comprehensive robot reviews and guides.

What is an Auto-Trading Robot?

While a bitcoin robot only offers cryptocurrency trading, trading robots offer forex and stock trading.

While a bitcoin robot is a trading robot but not every trading robot is a bitcoin robot. Simply put, trading robots are multi-assets traders which may or may not include bitcoin. Bitcoin robots, on the other hand, are meant for bitcoin trading even though they may also offer access to other cryptocurrencies.

While trading robots are a bit more complex, bitcoin robots can be used by almost anyone. In other words, you do not need any background in finance or cryptocurrencies to trade with bitcoin robots. Any good bitcoin robot will come with a user a guide to help you set up an account and start trading.

If you are looking to invest in cryptocurrencies, a bitcoin robot should be your first choice. These tools are not only customized for this type of trading but also gives access to crypto trading opportunities not found anywhere else. If you’re looking to make money by trading forex and stocks, we recommend a trading robot.

How Do I Choose a Trading Robot?

Similarly to bitcoin robots, there are also a lot of trading robots scams going around the web.

The trading robots below rated as “good” and “okay” are those that InsideBitcoins has verified to be legitimate. Those with insufficient rating may be legitimate, but we have not found enough evidence to this effect and we think that may be scams. Read our comprehensive trading robots reviews to learn more by clicking on the brand name.

Legit Auto-Trading Robots

We found the following auto-trading robots to appear legit and promise great returns. With these robots, you can trade forex currency pairs, stocks and commodities.

Most Profitable Auto Trading Robots in South Africa

Since it first came out in 2008, binary options trading keeps attracting traders from all over the world and South African traders are part of that.

Yet, with the rapid advent of technology new way of binary options trading has emerged in the form of auto trading robots which are hailed as a great solution for traders who are just starting to trade binary options.

However, there are numerous benefits when it comes to this manner of trading and we will try to point it in this article.

Auto Trading as a Time Saving Solution

Automated trading offers various benefits to those who opt to trade binary options in such way. Considering human obsession with time, it is hardly surprising that the fact this way of trading not only generates profit but saves time as well presents a very appealing package for traders.

By utilizing the so called trading robots to place trades instead of traders provides the perfect solution when it comes to leading a normal, active life and also being active on the market.

Looking at it from this aspect, most profitable auto trading robots save time in more than one way.

Firstly, the software places trades on behalf of the trader and additionally, due to advanced, sophisticated algorithm which this software uses, traders can also forgo trying to learn and grasp financial analysis which is otherwise necessary.

Therefore, opting to select one of the popular auto trading robots on South African Market, traders save considerable time which they are now free to spend doing something else.

Profitable Binary Auto Trading

As appealing as time saving is for interested South African traders, it will not amount to much if all that is not followed by generating healthy profits.

Because of that, we have decided to take a closer look at most profitable auto trading robots in South Africa. Because, time saving aspect has to be paired with higher profit-making rate then would be achieved if traders traded manually.

Comparing Binary Robots in South Africa

Several ways are open when it comes to contrasting and comparing binary options robots and determining which are the most profitable ones in South Africa.

In this article, we shall do precisely that by applying a defined set of criteria which will present traders with an accurate picture of all the automated software we shall discuss.

Auto Trading Robots Profitability Criteria

Naturally, when looking at most profitable auto trading robots in South Africa the criteria of profitability is the first one to look at. However, the story is not as clear cut as would be expected.

And the reason for that lies in the simple fact that all traders using auto trading robots have their own settings which they change and adjust according to liking and preference which makes it hard to assess the profitability.

That, in turn, points to a very simple fact – traders get varying results when it comes to profit despite using the same set of signals provided for a specific period.

Verifiable Data

Another important point is the possibility to verify data which will give traders accurate info. Since we only want to provide accurate info to our South African readers, and simply putting out statistics is just not something we are willing to do, we have made sure to properly inspect all robots we shall discus in this article.

Accordingly, we shall present the obtained results in a clear, simple and transparent way so that interested South Africans have at their disposal data which they can later use when selecting a one (or more) of the most profitable auto trading robots.

Also, it is important to keep in mind that taking a step back from the default settings changes the results and the way the trader has adjusted settings is different from one trader to the next.

As is our goal with this article, we shall present the most popular and the most profitable auto trading robots in South Africa which will also be backed up by the criteria put forward.

These are the most popular and most profitable robots which South African traders use:

  • Binary Options Robot
  • Fintech Limited
  • Qbits MegaProfit System
  • IQ Option Robot

Binary Options Robot Software

Firmly placed at the top of the list, Binary Options Robot is by far the most profitable automated trading system not just in South Africa but worldwide. By using this robot, traders actually get a software which uses signals that have been calculated via algorithms.

These algorithms are based on mathematical and financial data. This makes Binary Options Robot perfect solution for all those new traders who are only venturing into binary options trading and feel uncertain about what to do.

Since this trading solution uses data obtained via price indicators and technical patters to generate signals with great accuracy which escapes the ability of an average trader, it is a sound choice not just for newbies but experienced traders too.

Binary Options Robot is integrated only with trustworthy brokers such as Banc de Binary which have a long-standing reputation on the South African and global markets. This also means that traders have over 50 assets to trade with as well.

This solution is 100% free and web based, there is no need for any download and traders also have the opportunity to activate the VIP membership, which can be seen as an added value which, when used has the potential to further boost the potential for profit-making.

Another point in favour of this amazing blend of technology and financial data comes via prize awarded in 2020 for best binary robot with which it is possible to have 91% return rate.

Fintech Limited

These two auto trading solutions are also a good choice for South African traders.

Fintech is owned by trading professionals and uses mathematical algorithms to place traders on behalf of traders. The software is free and connected with liable brokers like StockPair and Banc de Binary.

It offers traders various features and is suitable for both new and seasoned traders. It is possible to earn as much as $900 in span of an hour with this software.

Qbits MegaProfit System

On the other hand, quantum signal technology is the basis of Qbits MegaProfit System. It provides South African traders with useful features which can bring about returns of up to 97,5%.

IQ Option Robot

IQ Option Robot or IQ Robots, is also a fine choice for South African traders interested in automated trading as this software offers the possibility for traders to put together personalized robot.

The offer a Wizard option for new traders or Constructor option for advanced once. Payouts with this robot go up to 85%.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Best Choice For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Trustful Broker. Recommended Only For Experienced Traders!

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