Binary Trading Robot Review
Binary Trading Robot Review
The latest trend in binary trading is the automated software referred to by many as a binary trading robot. Many of the binary trading robot software are touted to be accurate to about ninety five percent. Many of these software claims are not accurate in the least.
In this article, we are going to examine the Binary Options Robot and determine why this is, or is not a good binary trading robot. I hope to educate you on what to expect from these types of software by showing you what this software can do for you.
Defining the Binary Options Robot
This is a trading software of binary options that allows you to spend less time worrying about what currency pairs to invest in. It is designed to be used by international traders around the world. The United States of America is the only country that restricts traders from using binary options platforms during trades.
Your Computer and the Trading Robot of Binary Options
There is no download required for you to access and use the Binary Options Robot software. This is a web based program that you interact with using your internet capable device, but you do not need to install anything onto your computer to use the trading robot or any of its features.
How much does it Cost to Register with Binary Options Robot?
You will not be charged anything to establish an account at BinaryOptionRobot.com. You will even be given the opportunity to use a demo trial version before you begin to make decisions on how to create your permanent account.
How does this work?
Binary Option Robot has created partnerships with a large number of trading brokers. You will have a large selection of brokers to choose from, and you will even be allowed to use more than one broker at a time, and able to conduct more than one trade at a time.
Some of the big name brokers in Europe, like Banc de Binary, Binary Tilt, and PlusOption, are affiliated with the automated Binary Options Robot.
What kind of Trading Features can I expect from Binary Options Robot?
There are a lot of features in the trading robot software of binary options that are going to delight you.
Reverse Trading Features
Reverse trading is a feature that you can use when you think the robot is trading in the wrong direction. When you believe this is happening you can simply tell the robot you want it to make reverse directions on your account.
Stop Loss Trading
There is a stop loss feature that lets you tell the robot how much you are willing to take risk for the day. If you were to lose the amount of currency you have, the limit set at the robot will stop trading for you for that day. You do not need to worry on losing more money that you can afford to lose because you control the limits.
Risk Level Assessment
You get to tell the binary options trading robot what risk levels you are willing to trade at. Some trades are very high risk trades that generally have high pay outs if you win. Some trades are slightly safer with slightly lower pay outs and some of them are low risk with low monetary gains if you win.
What is the Catch?
This is a free trading platform that is surprisingly accurate at creating trading signals. You do not stand to lose anything when you establish an account with Binary Options. You can even get upgraded to a higher level account by simply referring a buddy to the website.
If there has ever been a win/win situation in binary trading this is it. You do not have to download anything and you do not have to pay for the signals. Also you get to customize the robot to follow your likes and dislikes.
Can Beginners use Binary Options Trading Robot?
This system is absolutely perfect for the beginner trader. It helps you to establish your preferences in signal types and from what indicators you prefer to get signals.
It helps you chose a broker to finalize your trade through, and gives you the option of trying out several brokers instead of locking in with just one broker.
It gives you a free demonstration account so you can practice before any money is at stake.
Binary Options Trading Robot is one of the few fool proof trading software programs available. It is automated and can help you increase the amount of money you make from trades. It does not cost you anything to create an account, and there is no danger to your computer hardware from using it.