Automated Trading Binary Options: Review of Binary Option Robot
In the world of financial markets, binary options are becoming an increasingly popular tool for profitable trading. With the advancement of high technologies, the opportunity to earn on this type of investment becomes more accessible and convenient thanks to automated trading systems. One of the currently popular brokers of binary options is Binary Option Robot.
Binary Option Robot Website Overview
According to research, the presented trading platform started its operation in 2016 and has already garnered positive reviews from traders. On the main page of binaryoptionrobot.com, you can familiarize yourself with the advantages of the offered binary options robot. Key features include a unique trading algorithm, the ability to open a VIP account, and compatibility with several well-known brokers.
The Binary Option Robot website is available in 24 languages, including English, Italian, Russian, French, Spanish, and German. Technical support is also multilingual. To contact the support service, you can choose any of the listed languages, except for Russian. It is unclear why this limitation exists, but it is likely provided by default.
Terms of Use
According to user feedback, there is no need to install additional software to work with the binary options robot. The automated solution is available on binaryoptionrobot.com and can be used on a PC, laptop, or mobile device with internet access.
The Binary Option Robot platform allows trading in various assets: commodities, stocks, currency pairs, and indices. Configuring the platform according to your preferences allows diversifying risks and maximizing profits.
Among the system’s features, the following can be highlighted:
- Access to a demo mode;
- Deposit replenishment on binaryoptionrobot.com through bank transfer, credit, or debit card;
- Use of MACD, STOCH, WILLIAMS, RSI, CCI, TREND signals;
- Choice of expiration time – 5 minutes, 3 minutes, 2 minutes, 90 seconds, 60 seconds;
- Ability to work with brokers such as FMTrader, Binary Tilt, Stern Options, 24option, Opteck, and others.
Trading signals on binaryoptionrobot.com are based on advanced algorithms that ensure price change forecasting and correct decision-making.
Recommendations for Use
To start using the Binary Option Robot platform, the registration process takes only a few minutes. After providing contact information, you can choose the desired currency (EUR, USD, CAD, AUD, GBP). The minimum deposit is $200. Deposit replenishment methods depend on the broker you are working with.
Next, you need to configure the system. There are educational materials on binaryoptionrobot.com to help you quickly grasp the features of the software for automated trading.
One of the advantages of Binary Option Robot is the ability to choose a risk level that suits you (high, medium, moderate, low). This is an excellent way for beginners to gain their first trading experience. Professional traders, in turn, can enjoy effective control over the trading process.
After configuring on binaryoptionrobot.com, the program will start trading automatically and will continue to work even if you are away from the computer. You do not have to constantly monitor the market. If necessary, parameters can be adjusted – there are no strict limitations.
Trading Strategy Review
The following systems are available for trading:
- Classic – each deal has equal investment amounts;
- Fibonacci – a simple and logical system that calculates investment amounts for each deal individually. After a profitable operation, the investment decreases, and after a loss, it increases;
- Martingale – after a losing deal, the system increases the investment amount to cover the losses the next time. After that, the system automatically returns to the initial amount.
VIP Account at Binary Option Robot: Usage Options
On the Binary Option Robot platform, there is an option to open a VIP account, providing additional features (e.g., signal risk level adjustment). To do this, you need to replenish your deposit account within 48 hours after registration on the site. By inviting friends to binaryoptionrobot.com, you can get free access to advanced software for 2 months for each new referral.
Trader Support
According to client feedback, the broker’s customer support service receives positive reviews. Qualified specialists help solve complex issues and provide additional information for successful trading. You can contact the support service on binaryoptionrobot.com through an online feedback form.
Reviews of Binary Option Robot
There aren’t many reviews of the binary options broker on Russian-language forums. This is due to the lack of trust among traders in the Russian-speaking community towards using this broker. Problems also arise from poor translation on the site and the absence of Russian-language support. However, the overall feedback remains positive:
Some users complain about registration issues in the system. For example, this is mentioned by Leonid.
Advantages and Disadvantages
Among the advantages, it is worth noting:
- Diversity of risks. Trading assets is carried out using various strategies;
- Real-time monitoring of market trends. The robot reacts instantly to market changes and helps earn more;
- Fully automated trading with binary options;
- No need to install additional software; trading is done from the developer’s servers;
- Intuitive platform interface;
- Wide range of parameter settings for achieving optimal trading results.
Among the disadvantages are:
- Some trading signals are erroneous;
- Poor website translation;
- Lack of Russian-language technical support.
Conclusion: based on this review, using Binary Option Robot for automated trading is reasonable. However, it is essential to remember that you cannot be 100% confident in a successful trade due to possible errors in trading signals. The decision to use this trading system is up to you, after carefully studying the review, real user feedback, and deposit account replenishment.
Read also: Aqulla — a review of a scam broker and real trader reviews.
