Why many people prefer to trade with the help of binary option robots

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!
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  • Binomo
    Binomo

    Trustful Broker. Recommended Only For Experienced Traders!

Automated Trading Software

It’s not impossible to master binary trading, and like anything else, the more you put in, the more you will get out. To become good at making money, you’ll need a great broker, time and some patience. For some people investing this time is not an option, and you never reach your true potential.

Enter the robots! We don’t mean physical machines that will sit at your computer and trade for you but binary options robots that come as part of pre-programmed software. This software uses complex mathematical algorithms to examine market data and then uses this data to trade with highly profitable and low-risk results.

Different brokers allow the use of different robot software, and once you have opened an account, you’ll be able to view all the compatible brokerages for that provider. You don’t need to worry about who to choose. We have done the hard work for you and recommend brokers based on who offers the best trading experiences.

In this article, you will learn:

    What binary option trading robots are The benefits of the best trading software How you can make more profit using them

How Robots Save Time

The mere thought of downloading, installing or setting up a software programme may leave you feeling like it is time-consuming and complicated. You will be surprised at how simple it is and how much time it will save you in the long term. Here are a few simple steps that will have you trading automatically within no time.

Choose a Robot Service

While you can spend hours carrying out research looking for the best robot trader, you probably don’t have the time. That is where our list of recommended services will save you a lot of time that you can spend trading. All you need to do is choose the one for you.

Download The Software

Many brokers or software providers will require you to download the software. On a mobile, this may be as simple as downloading the app. You can access some robot trading software via a browser.

Sign-up With a Broker

In addition to the free binary robot software, you will need to get a real account with a broker. The software will normally recommend binary options brokers to open an account and deposit with.

Programme The Software

We don’t mean that you need to be a programmer to operate the software, but you do need to tell it what you want. Set your technical indicators which will include your investing limits, frequency etc. then leave the rest to the auto trader software.

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!

Sit Back, Relax And Enjoy

That’s it. Now you are trading without doing anything. You can carry on with your business and leave the rest to the robot. Just check in now and again to see how your trades are doing and reset the parameters if you need to.

Using a binary robot also removes the anxiety you might get from trading. When you place a trade with an expiry time of an hour sometimes watching what is happening can put the trader through a range of emotions. By using this, you can check in every so often to see how you are doing rather than being glued to the screen for each trade.

Trader Broker Asset Profit

How Binary Robots Work

The robot trading software is something that you download to your computer or another device once registered with a broker. A download is not always required; sometimes you can start using them online via a website. Investment using this method is known as automated or auto trading and is used by “auto traders” that want to free up their time and increase their success rate.

Like any computer, the capacity to research, consume and analyse data is much higher than the human mind so the machine can process all the data much quicker than any human being without emotion or instinct. By using this process, more information is gathered at a much quicker pace allowing for more effective, profitable trades using an array of automated trading systems. The capacity to trade becomes much more and the number of successful trades increases.

Why then, wouldn’t anyone want to take advantage of this help? To begin using the automated trading software you need to choose a service that is compatible with your broker and start using it. To help you select your provider we have researched hundreds of them across the world to bring you the best and offer up our advice on who you should trade with saving you both time and effort.

Some traders prefer to keep control over their trades rather than giving everything over to the robot, and this is where trading signals can be a viable alternative. Trading signals are services that provide advice and information on which trades to make. You still need to make the trades yourself, so you remain in control but the advice on what trades to place is given to you. It’s great for people who might not be good at reading the markets, depending on if the service you use is good, of course.

Benefits of Automation

    Save valuable time. Binary trading robots have a far higher capacity for information than the human brain Execute more successful trades. Using the trading system to gather much more data makes the trade more reliable Trade without any emotion. Remove the “gut instinct” element and control your trade amount Allows you to carry on with other things. You don’t have to spend so much time in front of a computer or on your phone and can carry on with your life while still making money Less knowledge needed. You don’t have to study the markets, trends, assets etc. or become an expert to be successful It’s free or low cost to use once registered with a broker and doesn’t always require a download Software helps with money management. Increase win rate = more money = greater profits Test them with both a virtual or free demo account Anyone at any level can use them whether a binary options trading beginner or expert

There are some “scam robots” where the purpose is to con the investor out of their money, and they don’t work. There are tell-tale signs that you should watch out for as to whether a service is legit or not. These include no contact details for customer support, consistently bad reviews, a short operating time and only a few assets available.

This software uses complex mathematical algorithms to examine market data.

How to Find Legit Software

Some unfortunate investors aren’t always able to spot online scams and can lose a lot of money when they should have been making it. Before they notice there is anything wrong they could already have made many trades. There are things to look out for to try and prevent this happening, but we highly recommend using our advice and recommendations to ensure that you register with a trusted and reputable binary robot software service.

We’ve done countless binary option robots reviews and found them to be a reliable solution if you want to trade without having to dedicate all of your time to research and analysis. If you enjoy studying the markets, analysing and placing your trades, then you will want to continue doing the work yourself, but if you want to free up valuable time, then this is the solution. Watch out for other robots available such as those used for Forex trading or crypto trading. These are very different products with different technical indicators and should be avoided if you want to trade options.

We have tried, tested and reviewed the many types of software and know which companies offer the best binary robots trading experience and which software outshines the others. We believe that investing apps are a great way to save time and make money and to assist you in the quest to become the best binary options robot trader, our advice and recommendations are designed to make this happen.

Frequently Asked Questions

Is robot software reliable and trustworthy?

Like many aspects of binary options trading, the reliability depends on the security of a company overall. If you choose a recommended, reputable provider, then their services will be tried, tested and reliable.

Can they predict the right trades to make?

Prediction is a good question because even machines can’t predict the future, no-one can. What they can do is analyse data, trends and other aspects to come up with more reliably informed information.

Will I need to pay money for good software?

No, the best binary option robot software is free to download and use. For the most part, you will need to download it using a free account before opening a real account with a broker.

What if my trading robot gets it wrong?

Even with sophisticated investment tools, it doesn’t guarantee that you will be 100% successful. The robot improves the chances of making successful trades.

How do I find the best software to use?

That’s easy. You merely review our recommendations and select a few from our list to check out for yourself. We base all of our findings on our own experience, tests and research.

Jacob has been an author for us since our launch in 2020. He has over forty years’ experience in the financial sector and has held a variety of positions within financial services corporations and venture capitalist organisations.

The best trading robot

Top 5 users for April 2020

Below you can see the results of the top 5 users on BinaryRobot365.com. When you login to the binary robot, you can choose your own settings and aim to achieve similar results as the users below.

Benefits of using our binary options robot

What you get.

Many of our users generate up to 90% win-rate with their strategies and systems using our binary option robot.

Our Binary robot software is incredibly simple. You just need to open an account, click on AutoTrade and the option robot will start working straight away!

You can configure your own options robot trading strategy and indicators to get the maximum win-rate for your trades.

Our Binary robot will automatically place trades in your account for you. This allows you to to trade around the clock without having to download or install any software.

Reduce your losses with our advanced stop-loss system alerts. You can set you losses by day to avoid drawdowns.

Our options robot works with a number of different brokers. Choose a new broker from the dropdown menu when you sign up.

Best Binary Robot – Get Started Now!

It’s as simple as 1, 2, 3.

Open and fund an account in seconds with one of our selected brokers.

Adjust your settings, trade amount and other settings.

Enjoy the profits made on your broker account with our auto-trading technology.

Trading Indicators

Which one is for you?

You can choose from the most popular indicators below to create your own strategy. Our system is compatible with the following 6 indicators:

You can create your own strategy using any of the 6 popular trading indicators below. We give you full control of your binary robot account, risk-reward ratio and strategy for placing automatic trades.

See our frequently asked questions below!

A Binary option is an option that has two types of outcome: win or lose. When a user wins a trade in binary options with our binary robot, they will received a predetermined and fixed payout, given to them by their broker.

For example, if the payout is 90% and the user bets $100 that the price of an asset to increase in a given time period, they will win $90 is the asset increases in price, or lose the initial $100 if the price goes in the oppostie direction.

A binary options robot is trading software or an algorithm developed using modern technical indicators specifically for the purpose of automating binary trading. For those who are familiar with Expert Advisers in Forex, a binary options robot is in a way, similar to EAs.

Binary robots are developed to assist novice traders trying to learn the ropes in binary options to make profits as they gain experience. However, this does not mean that experienced traders are forbidden to capitalize on the software—in fact—binary options robots are used widely by those who consider themselves to be experts in the market.

While EAs have been around for decades, binary options robots only began to crop up in the early 2020s. Since then, they have continued to attract many players in the binary options market as their popularity continues to soar. Most binary options robots are not regulated, but most partner brokers that they work with have various regulations.

Binary options robots have nothing mechanical about them. They are not some sort of machines like many would imagine when the first hear about them. However, they are designed to execute certain instructions on their own and that’s how they get the name robot.

There are two main types of binary robots. There are those are downloadable and those that are entirely web-based.

Downloadable binary Options robots

These binary options robots are designed in such a way that traders can easily download and save them on their desktops. They are the least popular when you compare them with their web-based counterparts but have more or less the same operating capabilities.

Most of these downloadable binary options use three distinct trading systems to provide traders with a variety of options depending on their risk appetites, experience and trading capital. These are the Classic system, the Martingale, and Fibonacci trading system. Ideally the robot usually has a list of partner brokers from which the traders can apply automated trading. Traders must choose their preferred broker from the list and then download the robot to their computers.

The funds deposited with their broker can then be accessed via the robot’s trading dashboard from which they can choose which assets, what amount, and the timeframes to apply automated trading. They can also adjust which indicators that the robot can use when picking and executing trades on their behalf.

Some of the indicators to choose from include the MACD, the Parabolic SAR, and Relative Strength Index, among others. Traders can always adjust their preferred indicators to use on different assets and can always deactivate automated trading by unchecking the option on the robots trading dashboard.

Web-based binary options robots

With the web-based versions of binary option robots, traders basically do not need to download any software. Everything is done on the web, which is much easier given the fact that binary options brokerage platforms are web-based. As such, most of these robots are offered by binary options brokers and are varied in nature.

There are those that when it comes to trading, have similar capabilities to the downloadable type of binary options robots, which means that the process is pretty much similar bar the download part. The other common type in the web-based version of binary options robots is more about social/copy trading thereby enabling traders to copy trades of their colleagues for various time frames. This type requires traders to select which experts to follow carefully because their gains are dependent on the success of the trades they follow/copy.

Binary options robots have proven time and again that they can provide a better avenue for novice traders looking to make money in the market. However, just as most providers will tend to point out in the disclaimer; past results cannot be used as a basis to guarantee future returns.

Nonetheless, there are specific performance thresholds that traders use against any provider’s past performance results before signing up for a premium service.

For instance, in order to make money in binary options using a binary options robot, the robot must attain at least 60% average win-rate. This is because most option types listed on various brokerage platforms offer traders a payout of about 85%.

This means that if your trade expires in the money, you do not double your investment in that particular asset, but rather, you are credited with 85%. If the return was 100%, then a win-rate of just 55% would be enough to make you money in binary options.

As such, it is always recommended that even if you choose to use a binary options robot, you try to us a binary options broker that offers the best payout. The higher the average payout per trade, the lower the win-rate will be required for you to make money.

Additionally, in order to make money with a binary options robot, it is important that you make sure that the provider you choose can be trusted. Most binary robots providers promise high win-rates to their traders, only for the traders to end being duped.

In order to avoid falling in such traps, it’s paramount that you do due diligence analysis on the provider. Check whether there are any scam reports about the provider, otherwise your attempt to make money using a binary option robot could turn out to be the worst trading decision you ever made.

Most binary options robots rely on technical indicators to pick out traders, but there are others that incorporate custom algorithms which help them to filter certain market moving events that can result in catastrophic losses. Therefore, when choosing your binary options robot service provider, be on the watch out to check whether the robot is designed to filter such events.

Since robots are technically developed, their ability to accurately predict price or exchange rate movements depends on empirical events. As such, market events that cannot be accurately quantified and factored into the trading robot cannot be included. This is why a binary options robot that’s likely to make you money in the binary options market will always list the ability to halt trading during such market events as one of its main features.

As for robots that do not have this functionality, traders can always halt trading manually by deactivating the autotrading feature on the binary options robot’s trading dashboard. After the event and its predicted impact have passed, the trader can then resume automated trading and watch the system make money depending on the average win-rate.

Again, it’s important to note that some robots help traders to make money on a regular basis while others can go on a draught. So patience may be required at times.

Using BinaryRobot365.com is very easy. All you need to do is open an account and switch the ‘AutoTrading’ button to ‘ON’. This will then trade on your account remotely.

You can also customize the settings of the indicators and strategies used by the indicators to give you full control of your account.

There is no specific regulation set for binary options robots, but depending on the provider of the given service, there are those that are actually regulated.

For instance, most binary options brokers are run by holding companies that have obtained financial derivatives trading licenses from various regulatory bodies. The most common regulators of binary options trading companies are the Cyprus Securities and Exchange Commission “CySEC”, and UK’s Financial Conduct Authority “FCA”.

In Australia, binary options brokers are regulated by ASIC whereas FSB is the body that oversees the market in South Africa. FSA does the same job in Japan whereas NFA and CFTC regulate exchange-traded binary options in the US.

So the list is long, but if you check closely, there is no specific mention of binary options robots. However, some of the robots such are run by financial trading companies that are regulated by one or more of the various regulatory bodies. This ties them to a fully licensed and regulated company unlike in most cases where the providers of the binary options robot barely have a place to call office.

So when a binary options robot is offered as one of the products of a fully licensed company, it is right to say that the robot has legal status. Nonetheless, it’s important to make sure that it’s clearly stated in the copyright section that the particular binary options robot is a product of the licensed company in question.

Most binary options robots provided by binary options brokers land under this category. However, they are not robots in a nutshell. They are more of social trading platforms rather than robots, but since the trading is automated, they are often put in the same category.

Therefore, when it comes to social trading platforms that are akin to binary options robots, regulation matters less because in any case, trader follow the trades of fellow traders thereby removing any liability from the broker or the binary options robot service provider.

For instance, if you choose to automate your trades by following the trades of another trader whom you believe will deliver substantial wins and things do not turn out as expected, you cannot fault the robot service provider. Also, you cannot claim the robot to be a scam after losing money because, you are the one who selected which and whose trades to copy.

Therefore the question about whether or not binary options robots are legal can be interpreted in several ways. Traders would have to consider the parties involved in providing the service, as well as, whether or not they have a direct relationship with the service itself. You can have a provider who has nothing to do with the trading activity itself.

Binary options robots have no legal status under any regulatory body, but in most cases, the people behind them do. If that does offer any solace for those that really prefer using products that have legal status, then it will have to suffice for now. However, a few years ago binary options trading was not regulated, but now several brokers have EU regulation. Who knows what could happen in the next few years for binary options robots?

Yes. The binary option robot is 100% mobile responsive and can be traded on your mobile.

Unfortunately not. Due to security, you will need to open a trading account using the binary option robot to ensure a reliable, safe trading experience. This way, our robot can connect with your broker API and ‘talk’ to your broker in order to execute trades.

The settings of the robot allow you to customize your trading strategy and financial results.

You can customize the following:

  • Trade Amount
  • Expiry Time
  • Assets Traded
  • No. of Simultaneous Trades
  • Money Management Strategy (including Martingale, Classic and Fibonacci Trading System).
  • Trading Indicators (including MACD, Stochastics, RSI, CCI, Williams and Trend indicators). You can learn more about how these indicators work on the internet.

You can withdraw your profits at any time. Simply go to your cashier, select withdraw, and choose your nominated withdrawal account. Withdrawals should be processed within 2-3 days.

From one point of view, the difference between signals and autotrading is a thin line but from another, you could write down a long list of what separates the two.

So first up, lets draw the thin line between binary options signals and autotrading.

The only thing that separates the two is that in binary options signals, traders execute the trades by acting on the trades picked by the system. On the other hand, when it comes to autotrading, the robot, or the system in this case, executes the trades on the trader’s behalf.

Now the long list;

With trading signals, traders must be logged in the brokerage platform to execute the trade picks generated by the signal service provider, whereas with autotrading, once they have activated the autotrading option the binary options robot does the rest regardless of whether or not the trader is online.

With signals, traders can choose whether or not to act on the trade picks received, whereas with autotrading, unless they deactivate the autotrading option the robot will continue to trade the signals picks generated.

Traders can easily miss out on a trading opportunity when relying on binary options signals if they are not close to one of the provider’s selected forms of delivery. Some binary options robots service providers deliver their signals through multiple platforms including SMS, web, and Email, but others only deliver via web, or email. This means that you can easily miss out on a signal if you are not in a position to receive the alert. On the contrary, in autotrading the trader’s input is not required. Once a trader has applied the various filters on the binary options robot as per his/her preferred trading style, the robot takes care of the rest. So no binary options trading opportunities are missed.

With binary options signals, the level of win-rate can be affected by time lapse between when a trader receives a signal and when he/she actually acts on it. While the providers always indicate a certain trading window within which the trader must act, it always better to act instantaneously. It’s not possible to do that manually. However, with autotrading, the binary options robot applies the trade instantaneously thereby eliminating any potential time lapses.

With binary options signals, it is more difficult to apply certain trading strategies that make use of popular binary options trading systems such as the Martingale and the Fibonacci systems. However, with autotrading, using such a strategy is pretty easy especially if the binary option robot is equipped with the three main trading systems.

With binary options signals, the trader’s average win-rate can greatly be affected depending ln the signals he chooses to act on. It’s possible that one trader could end up being more than another despite using the same service over the same period due to the differences in signals executed. On the other hand, if you follow/copy a certain trader’s trades, then you can be sure to expect the same results at the end of the given trading session.

The signals are generated by the technical indicators that you choose in your trading rules. For beginners, we recommend using the Trend following strategy.

Do binary option robots really make money?

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Binary Options robots do not make money. It is just an automated way of losing it quicker than if you placed the wagers yourself.

Brokers and affiliates can make a lot of money.

As a player, trader or gambler or even ‘investor’ no you cannot.

The game is designed so that you will always lose.

Your wager is greater than the expected payout and as the outcome is binary the laws of probability means you always lose over time.

Some people think that the game is rigged but actually some greedy brokers might do this but in reality the odds are so skewed in favor of the house that there is no need.

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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