BinBot Pro Review: Profitable Auto Trading or a Scam?

BinBot Pro Review 2024: Profitable Auto Trading Or A Scam?

The most hyped automated trading system, BinBot Pro, is known for its controversial thoughts and statements. And we decided to review this amazing bot by mentioning its flaws and benefits.

Therefore, the Binbot Pro review is frequently requested to determine the product’s legitimacy.

It is not a newly developed binary trading bot. However, traders’ participation is low due to a lack of knowledge. People still desire to know what makes this trading bot so beloved among investors.

Surprisingly, you have arrived at the correct page. If you are unaware of the benefits, read the review until the end.

Also, the review will help you get the best features of it. Additionally, you will learn how to operate and how the bot works.

Let’s find out why you should reconsider if you have never used the system before.

BinBot Pro Review: What is BinBot Pro?

High Capital Risk Is Involved In Financial Trading

Binbot Pro is one of the best binary options trading bots that allows multiple robots to trade on your behalf. Apart from the options, the bot is also famous for crypto automation.

Was introduced as a fully automated trading system in 2016. It will enable traders to trade both fiat and crypto trading. Day by day, this automated trading system is gaining popularity among traders. Also, it was one of the most effective trading systems in 2020.

However, you have the opportunity to combine automated trading with manual market research.

Additionally, bot customization will bring a new level of trading experience to your account. On the other hand, the listed bots support a wide range of trading strategies.

Choose the option that best fits your needs from the list.

Unfortunately, not all trading robots have proven to be effective. They enter and disappear from the market without anyone noticing. But BinBot Pro has been performing strongly ever since it was released.

However, we got several negative reviews from Trustpilot, the most popular review website. And we will spot the unfavourable words later in this review article.

Promo Code For BinBot Pro

There are some exciting announcements you won’t want to miss! To enhance your trading experience, we are offering special promotional codes.

Codes that you can use when funding your account via two supported brokers, such as Binarycent and Race Option.

Promo Code 1 – DKGR200
Promo Code 2 – GALLEN200

To get a bigger bonus, deposit $1000 and a 200% bonus on the first deposit amount.

High Capital Risk Is Involved In Financial Trading

Why Choose Binbot Pro: Key Features

Choosing the best one from the crowd is necessary. It is important to avoid scams and loss.

BinBot Pro enables you to carry out transactions without having to manually intervene. You only need to specify some parameters, such as

Risk levels
Rules for entry and exit
Leverage

The software will take care of the remaining steps.

After that, traders will be at ease and not worry about monitoring their positions. Moreover, it offers certain features that you cannot overlook.

We have found the top potential benefits of utilizing this trading robot.

Minimum deposit of $250
Returns as high as 90%
Trading fees none
No account fees
Demo account
Profit rate of up to 300%

Withdrawal timeframe 1 hour
Major forex pairs
Popular Crypto assets
Leverage 1:100
Fast and reliable platform
Dedicated customer support

Binbot Pro Results, Live Trading Video, and Withdrawal

Who Can Use Binbot Pro?

Binbot Pro is available to anyone who wishes to trade. It is not necessary to have a formal education in order to take advantage of this. Rather, you need to know when and how to trade accurately.

Traders, from novices to professionals, the door is widely open for anyone as the bot is simple and easy to use.

BinBot Pro Signup & Login Process

No memorization is necessary for this task, just focus on the procedure. The account creation process is quick and hassle-free.

The registration form requires you to provide your name, phone number, preferred currency, and password. Select a broker that is compatible with your trading objectives. Finally, select the type of currency.

Re-check your information, and click on the “register for free” button to open an account.

Finally, your account creation is complete. When it comes to account verification, yes, you need it to withdraw your funds.

High Capital Risk Is Involved In Financial Trading

Does Binbot Pro Work?

Ideally, BinBot Pro works smoothly depending on some factors.

It will still be functional regardless of unfavorable conditions.

This robot will provide you with exceptional performance that you will enjoy. So, it’s just a matter of choosing the right settings and using an effective trading strategy.

How Does It Work?

BinBot Pro is an automated trading software that automatically allows one to complete trades. It works based on market analysis.

And the analysis is recommended only for the custom bot. At the same time, the bot mostly responds to your trade commands according to the parameters mentioned.

Nonetheless, should you commence with genuine gear?

Certainly not!

You can begin by creating a demo account. It is a brief demonstration of the product that gives you an overview of its capabilities. So you can decide whether it’s the right choice for you, without making a full commitment. A minute is all it takes.

The subsequent action is to choose a predefined automated program. On the left side of the interface, you will locate the bots. According to their relevance, they ranked the list chronologically.

Also, you can always modify the list according to your needs and depending on what you want to trade.

On the other hand, the bot does not require any technical knowledge on your part. However, you would benefit from understanding indicators to create the most effective strategy.

Fake Awards Alert

On their official website, it has illustrated fake awards. We failed to find any source from which we could get minimal information about the awards.

We counted this a minor disadvantage but it’s not directly connected to the trading.

Is Binbot Pro Allow USA Trader?

Binbot Pro will drag your trading experience to a different level. You don’t need to download any software to your device. Also, this web-based trading tool has multiple benefits.

In the USA, the trading rules and regulations are quite different than in other regions. Also, the government is watchful. So, unfortunately, the USA traders will miss the flavor. They will be unable to trade using this trading software.

So, this is proof that this automated tool does not offer any service to USA traders.

Is BinBot Pro Regulated?

Regulation is an important fact for traders. It is the primary point to markup the legitimacy.

You may wonder why binbot pro has no regulatory information after so many years.

As a general rule, trading robots don’t want regulation or to comply with the law. Because the process is intense and also expensive. On the other hand, you have to maintain the law to offer your services.

Except for a few, most automated robots like bin bot pro are not regulated.

Do you think this robot would be an appropriate selection for me?

Definitely, a big yes.

Because, even without regulation, the bot is leading the market. Additionally, it can subsist on the market without defrauding or stealing from traders.

Supported Brokers

The Brokers BinBotPro offers are BinaryCent, VideForex, RaceOption, and IqCent. It cannot be argued that each of these brokers offers standard trading solutions, and you will not be disappointed.

This section will provide a brief overview of each broker’s features.

BinaryCent

BinaryCent is an online trading platform that was established in the year of 2016. Cent Project Ltd. managed the platform. Vanuatu Financial Services Commission (VFSC) is mainly in charge of regulating Binarycent.

The broker will benefit you with –

An initial deposit amount of $250
Withdrawals are guaranteed to be processed within one hour
The minimum investment per trade is only $0.01
Leverage up to 1:100 when trading assets.
Multiple types of trading accounts
Provides CFDs and forex.

All these features make BinaryCent a superb choice to be BinBot Pro’s broker.

VISIT BINARYCENT

VideForex

VideForex is a Forex, CFD, and Binary Options broker founded in 2017. You must deposit a minimum of $250 in order to trade. But note that deposits are rewarded with a 100% bonus.

The broker offers competitive spreads and commissions. However, asset prices are subject to change and vary from market to market. Additionally, traders can trade with a maximum leverage of 1:100.

To date, they do not have a mobile app for trading, but we can expect one shortly. According to the website, you can use multiple payment methods.

Additionally, deposits are instant; withdrawals take on average one hour to process.

On the whole, the broker is suitable for trading CFDs and Binary Options. In collaboration with BinBot Pro, this revolutionary broker makes automated trading simple.

VISIT VIDEFOREX

RaceOption

RaceOption, in 2014, the broker began operations in the UK. One unique feature about this broker is that they accept traders from the USA. Over 150 trading instruments are available, including CFDs, Forex, and Binary Options.

Additionally, this broker offers proprietary software, ultra-fast withdrawals, and regular trading contests. You can participate in weekly contests offering a prize amount of $20,000 each.

In addition to these features, RaceOption offers three account types. Additionally, you can receive a deposit bonus based on your deposit amount. These bonuses can range from 20% to 100%.

You can choose this broker as your travel partner. That means Raceoption allows you to trade using its mobile applications.

VISIT RACEOPTION

High Capital Risk Is Involved In Financial Trading

IQcent

The last broker that BinBot Pro accepts is IQcent. Basically, the platform supports multiple trading classes, such as Forex, CFDs, Crypto, and Options. With the right strategies, traders can earn up to 95%.

The secret of this broker is the minimum trade size. Trading with 0.01 cents is perfect for day traders and small investors.

In addition, it offers over 100 trading assets with leverage up to 1:100. With copy-trading, you become a skilled trader.

You can trade nonstop with a $250 deposit, even on the weekend.

VISIT IQCENT

High Capital Risk Is Involved In Financial Trading

What Forex Broker Accept Binbot pro

There is no particular name for this. The trading bot has a partnership with the four brokers that we mentioned above. Also, just before starting this article, we completed a successful trade with forex pairs.

Each broker offers almost a 90% return percentage.

What Are The Top Robots Created By BinBot Pro?

BinBot Pro ranks robots based on the profits they generate for traders. As a trader, we have tried multiple bots with both manual and automated instruction.

Amazingly, found the three best robots that have the highest return rate and also have minimal failure stories.

Here are some of the top-performing robots:

Crypto ADX 2.0

Crypto ADX 2.0 is currently the most profitable robot, with over 306% profits. The robot uses the ADX indicator along with RSI and STOCH.

Moreover, the robot does by minute-by-minute analysis of each cryptocurrency instruments. The minimum deposit to start trading with the bot is $3,000 based on the region you hold.

RSIMA Cross Robot

Amazingly, RSIMA cross is one of the top-performing robots that offers the highest return of 300% or more than that. The strategy used in this robot involves matching the RSI with the moving average cross indicator.

The robot buys or sells when it matches the RSI overbought or oversold signal.

It maintained the signal until it received an opposite signal. The minimum deposit for this robot is $3000 based on the country, and its algorithm level is at 5 points.

xProfit Robot

Based on signals from CCI and SRSI, the xProfit Robot opens and closes trades. The robot will only place a trade if it gets the signal from the opposite direction.

The minimum deposit amount is $1000, and its algorithm level is at 6 points with a profit level of around 250%.

How To Set Up Binbot Pro Trading Platform?

As it is a web-based trading bot, you don’t need to download it to your trading device. You can access the platform from anywhere you want.

The whole auto-trading revolves around following a trading robot, available from the list of robots. Furthermore, the platform displays the top 10 performing robots based on the profit level they generate.

You can let the robot do all the work. Alternatively, you can adjust it to your individual preferences.

You can also create a robot from scratch if you have the trading experience.

Let’s look at the process of robot creation.

~ How To Create A Bot?

The main dashboard will display only the robot’s functionality and the market’s movement. On the left side of the trading platform, there is an option to generate a personalized automated trading system.

Initiate the process by hitting the “Create my robot” button.

>> Step 1:

Give your robot a name. Give the strategy any name you like. Using a meaningful name will help you remember it, and also help others.

>> Step 2:

Select the assets that you would like to include in your robot. It is necessary to have at least one asset in your robot. All available assets can also be selected, but this is not our recommendation.

>> Step 3:

Next, you should adjust the ‘buy-sell’ sliders for the selected assets. There are five levels of buy-sell. Within each level, there are three sub-levels.

In order to fine-tune the slider, this is necessary. The slider can be adjusted at any level.

It can be moved freely between levels.

>> Step 4:

The next step is configuring the indicators after adjusting the sliders. This is part of an analysis tool. It uses mathematical calculations to identify the direction of the market. This direction is based on previous prices and volumes.

BinBot Pro provides six different types of indicators. We recommend selecting three different types of indicators at a time. In addition, you must specify the period for the indicator to run.

The time starts at 1 minute and finishes at the time you specify. In the following section, we will explain the purpose of these indicators. It will help you gain a better understanding of them.

>> Step 5:

Selecting the ‘public’ toggle allows you to make your trading robot available to the public. Others are able to benefit from using your robot once it is made public. Please disable the toggle in order to keep your robot private.

Lastly, click the ‘Save’ button to complete the robot creation process

Binbot Pro Indicators

There are six different types of indicators available in BinBot Pro. Each indicator has its own benefits and ability to analyze the market.

- ADM Index:

Average Directional Movement is abbreviated as ADM. As an indicator, it provides insight into the strength of a trend. It is capable of predicting when the price of a financial asset will trend strongly. There is the capability for bidirectional strength indicators, i.e. upwards and downwards.

- Commodity Chanel Index (CCI):

Donald Lambert developed this indicator. That identifies new trends. The indicator is mainly used for commodities. However, it can also be applied to forex pairs.

This indicator compares the current price of an asset with its average price over a specific period of time.

- Momentum Indicator:

The momentum indicator measures the momentum in price changes. It is done by comparing the current price of an asset with the previous price. Depending on the period selected, the current price and the price of n-periods will be compared.

- RSI Indicator:

The Relative Strength Index is also referred to as RSI. This momentum indicator can be used to evaluate and compare recent price movements. In addition, this data allows you to identify overbought and oversold situations.

- RVI Indicator:

RVI is short for the Relative Vigor Index. Belief states that during an uptrend, the price of an asset will close higher than it opened. The opposite is true for a downtrend.

- AROON:

The indicator indicates the direction of price movements. A trend indicator suggests when there is a new trend, measures the trend’s strength, and predicts changes in the trend.

Best Settings For BinBot Pro

So far, it is one of the best-automated trading systems. Binary traders, now you can save time and effort by using the binbot pro robot.

You may be seeking the ideal setting in which to strike the bar. I regret to inform you that there is no such thing as the greatest.

However, the Binoption team created a strategy to test the trading bot. You can consider it as a primary step.

Robot customization is possible. So, all you need to do is create one based on the market movement. On the flip side, you can also select from the given list.

Now the question is where to find the list. Just –

Open the dashboard
Check the left side
Get the pre-set trading bots with unique strategies

In addition, it is advisable to set the indicators between 1-5 minutes. Furthermore, you should not use more than three indicators simultaneously when using this trading bot.

Additionally, BinBot Pro provides six different trading indicators. These indicators have unconventional relationships with assets depending on the market situation.

You may encounter conflicts if you use all the indicators simultaneously.

What Is The Best Time To Run Binbot Pro?

The best timeframe will vary based on your local time zone. You can’t open a trade window all day. Hence, it is important to determine the most appropriate timeline.

Also, check the economic calendar before starting your day. In the economic calendar, you can find out what 3Bull events are coming up. If yes, try to avoid it.

On the flip side, note that not all 3Bull news will impact your trading.

So, if you want to get better results from Binbot Pro, try to avoid

3Bull news
1 hour before the 3Bull news
1 hour after the 3Bull news

BinBot PRO Demo Account

Our team got excited when they saw this feature, though it won’t help you understand the bot completely. Unfortunately, the demo runs precisely for one minute.

To determine which trading robot best meets your needs, you can only run the demonstration on the top ten trading robots.

Following the one-minute demonstration, the final balance is displayed. Our extensive testing revealed that all demo tests resulted in profit. This seemed suspicious to us, as we never faced any losses.

We found that, on average, the robot won 8/10 trades when trading on real accounts. Furthermore, no robot can ensure a 100% win rate, which is normal. But their demo robot winning all trades may be a marketing gimmick.

Also, the market conditions are very different from the actual market conditions.

Advantages:

Get familiar with the dashboard
Know how the bot works
Can test the bot performance
Able to test the strategy

Disadvantages:

Only lasts for 60 seconds
Unrealistic winning rate
Market conditions different from real market

Crypto Trading

Traders can access exclusive crypto assets via automated software. A wide range of powerful and popular cryptos will be available to you under one roof.

Among the popular cryptos, you can trade

Bitcoin
Ethereum
Litecoin and many more

At the same time, BinBot Pro also makes deposits and withdrawals using bitcoins and altcoins. Because these methods make transactions faster.

Moreover, the software claims to have

Crypto return of 700% or more
Approximately 25000 clients have had profitable trades with BinBot Pro.
Offers a 100% sign-up bonus to their clients for Cryptocurrency trading.

How To Use Deposit Bonus Offer

BinBot Pro bonus is only available for real account holders. Besides, the bonus is automatically available for all clients who deposit $1000 or more into their funding accounts.

Through this special offer, we are giving you the ability to start trading with even more power and more confidence.

Copy the bonus code
Go to the Account funding page
Enter the special bonus offering code and get your bonus!

BinBot Pro App - Mobile Trading

Currently, BinBot Pro does not have a mobile application. However, BinaryCent and other brokers offer mobile trading. Both the Android and iOS app stores are available for download.

The mobile app allows you to perform transactional tasks. However, a web platform is required for trading.

Asset Index

BinBot mainly offers the major forex pairs along with popular crypto-forex pairs. Note that, trading crypto is also available here.

From the wide list, it is hard to narrow down because each instrument acts depending on the marker condition. But the most popular assets are:

EUR/USD,
BTC/USD
LTC/USD
ETH/USD
GBP/USD

Trading Tools & Charting

BinBot Pro does not have any trading tools or charts. However, it would be simpler to build a manual bot if they provided one. And about the chart, you can use the broker’s dashboard or any third-party platform like

MetaTrader 5 to analyse the market condition.

Spread & Leverage Trading Option

BinBot Pro does not offer leverage trading directly. But the partnered brokers do. So, you can enjoy leverage trading of 1:100 on over 100 trading assets.

However, it is necessary to remember that leverage trading can be a risky game. Beginners should learn how to trade with leverage. In terms of spread, only VideForex offers BinBot Pro users competitive spreads.

Is Binbot Pro Offer Personal Account Manager?

If you are looking for official or unofficial training on how to run a bot, then you will come up empty. The BinBot Pro team does not offer any official training for traders.

However, they offer account managers so that you can get some help from them. On the other hand, the dedicated customer support team is also there to solve your problems 24/7.

Real Trader's Feedback - Binbot Pro Testimonials

Finding out the right trader’s feedback is not an effortless task. Thousands of fake reviews are available on the online platform.

But the trading robot has a ton of positive reviews. Many expert traders also engage themselves with BinBot Pro for profitable outcomes.

Christian, a famous binary trader, is using this software for a long time. You will find a lot of videos on YouTube where he mentioned his successful results multiple times with binbot pro.

Faisal Rahman is a professional trader. He achieved an impressive result by using the system at 19 GMT over a lengthy period. He only trades in this specific session by using his customised and Rising East robot.

Let’s see what other users stated about BinBot Pro.

In this first review, we can identify an appropriate reaction from this user. He admits that not only the bot but users are also responsible for a losing trade. As we always recommend our reader to stick with trading strategies.

Let’s jump to the second one. We agree with Ashton’s explosive opinion. We never denied that scam robots do not exist. But so far, BinBot is not alarming compared to other trading bots in the market.

Ok, so lastly we found this statement from one of the trusted site. Trustpilot only approves reviews, if traders can submit necessary documents with proof.

According to him, it is obvious to analyse the current market situation before placing trades.

As money doesn’t fall from trees, do not consider everything as a legit platform without testing.

Minimum Deposit & Withdrawal Process

BinBot Pro’s deposit and withdrawal process depend on which broker you are working with. Additionally, all four brokers use the same methods for making deposits and withdrawals.

We broke down how to deposit and withdraw below:

How To Fund BinBot Pro?

The deposit process is quick. All four brokers have a minimum deposit of $250, but for some regions, it is $500. BinBot Pro redirects you to your chosen broker during the withdrawal and deposit process.

They offer multiple transaction methods such as

Credit cards (Visa, MasterCard)
Wire transfers
WebMoney
Skrill
Neteller
Cryptocurrency

BinBot Pro Withdrawal Process

Traders will get multiple withdrawal methods. ,Payment methods accepted include:

Litecoin (to use this payment method, you will need to acquire Litecoin)
Bitcoin (purchase Bitcoin to use this method)
MasterCard
VISA
Tether USD (USDT)

But, only on credit card transactions, the bot will charge a 5% transfer fee. On the other hand, registered brokers with BinBot Pro guarantee the processing of withdrawals within 1 hour.

After confirming the withdrawal request, traders will receive the requested payment within 2-7 business days.

BinBot Pro Golden Rules To Avoid Trading Loss

By using BinBotPro, you according to market conditions and fundamental news.

A blog post on BinBot Pro will demonstrate how to generate the highest profitability margin through the use of volatile pairs.

Before creating a bot, consider these golden rules that help you earn a profit from each trade.

It is not proven that these points will work for everyone. We have listed these based on the robot's performance.

Don’t let your bots place more than three trades in one day.
Manually analyze the market before placing a new trade.
Don’t be too ambitious with your investments
Stop trading after 3-4 trades.

We do not recommend crypto pair trading when the market is bearish.
Avoid trading on Friday or Monday
Avoid volatile markets.
Trade when the market is stable.

You are now ready to set up your bot after you have followed these golden rules.

Customer Support Team

The customer support team is dedicated to responding to clients’ questions. At any hour, you will find someone who is there for you and will help you to get the best path.

Also, the team will always be available through the live chat option. However, to contact them, you need to register first.

Apart from this, e-mail communication is also possible. The representatives will respond to your questions.

So, you will get

Live chat support
24/7 dedicated support team
Email support

How Reliable Is Binbot Pro?

With its user-friendly platform, binbot pro is doing well. Apart from the regulation, the bot is pretty popular in the trading world.

And about reliability, yes, it is.

Trading is a far more deadly game. However, the game will not allow you to lose money without your intervention. On the flip side, the robot’s SSL security layer protects users’ personal information and bank details. Additionally, your fund is also in a safe hand.

Let’s find out what makes this bot reliable-

Expert review
Stability in the market
Hassle-free withdrawal
SSL encryption

Is BinBot Pro Scam Or Legit?

Is BinBot Pro a scam? The answer should be NO. It is one of the trading bots that make binary trading profitable. If you wish to earn from the most volatile market, you should prioritize this robot on your list.

It has been in the trading market for many years. However, it is not a regulated trading bot. Therefore, the automated bot is not regulated by a popular regulatory body.

However, you can make a profit with a success rate of over 90%. Additionally, it offers a variety of trading robots and is compatible with four regulated brokers.

Also, it has many reasons to be a trusted auto trading platform, along with positive customer reviews. Also, the platform has received a great deal of negative feedback.

Automation relies on algorithms and machines to make trades for you. But, unlike some fixed principles, it can’t ensure success each time. The platform may be used for profitable trading, which is legal, although we cannot guarantee this 100%.

Advantages And Drawbacks

Due to some pros, traders are more likely to use this trading bot for easy earning. These are:

Manual customisation of robots
Supports major fiat currency pairs
Return percentage 90%
BinBot PRO has a profit rate of up to 313%

Reliable and successful in the market
Stress-free trading experience
Account Manager facility
Risk management facility
24/7 dedicated customer support

Though it has many unique features for traders it has also some cons and they are –

Demo account lasts only 60 seconds
Demo trading results seemed to suspect to us
Offers only one broker for trading
Minimum deposits for top robots are high
There is no information on past performance
Fake awards on their website

Frequently Asked Questions - FAQ

These are the common and frequently asked questions by traders about BinBot Pro. Read and learn:

1. Does BinBot Pro work

BinBot Pro is a scam that is promoted by most websites. But according to our research, it works perfectly if you know how to trade with trading software.

2. Is BinBot Pro Fee?

There is no FREE lunch. You have to deposit $250 to start trading with BinBot Pro.

3. Is It Regulated?

No, this trading bot is not governed by a regulatory body such as the SEC.

4. Is BinBot Pro Available In My Country?

On its website, BinBot Pro did not list its accepted countries. Though BinbotPro robot is not registered and do not provide any services on the US territory but clients from US can easily sign up there and trade.. Contact customer support for more information about accepted countries.

5. Is BinBot Pro Safe?

Trading carries a higher risk. However, about safety, the robot the SSL security layer is used to protect the customers’ personal information and bank details.

Conclusion

BinBot Pro stands out from the rest of the auto trading by providing incredible service. The robot has a high success rate, various indicators that offer a vast technical analysis.

Also, both novices and experienced traders can enjoy profitable auto trading with the convenient robot creation process.

However, there are a few things they could work on improving further. One of these is their website. The website feels lackluster to use. Second, they need to partner with more brokers to cater to more traders.

In conclusion, BinBot Pro is an excellent auto-trading robot that delivers what it claims to do.

November 1, 2020January 23, 2023

DBot Review: Automated Trading Robot By Deriv Platform

DBot Review- An Wondrous Automated Trading Innovation Of Deriv Platform

Do you know why DBot is the most widespread automatic trading bot? Many of you have the experience of trading the volatile market using this bot. However, we are counting on you, who has limited experience.

We design the review of DBot in such a way where you will find the working process along with benefits. On the other hand, it is required to mention that traders can pick the trading robot with or without coding skills.

So, anyone can automate trading ideas without writing codes. Unquestionably, the feature is lucrative for beginner traders who want to generate maximum profits. But the journey should begin after a small introduction to the Deriv platform.

As an alternative, you can have a quick look at the review of the Deriv Platform. It will help you to gather information regarding the broker.

Things About Deriv Platform:

Mainly Binary.com has rebranded to Deriv in the middle of 2020. With a sharp vision, they designed this brand-new trading platform for everyone. So, you will get every unique feature that you have used before, but with some new spice.

Moreover, they are now allowing trading on the Binary.com platform. But they will move their operations to the new one, eventually.

However, on Deriv.com, accounts, assets, and everything you have on the previous broker will be unrestricted and accessible.

So, we request our readers to move into the new one to get more voluminous opportunities.

What Is DBot - Autotrading Bot Review

DBot is a binary trading bot that requires zero coding knowledge to build or operate. Anyone can create a bot with a simple drag-and-drop method.

Are you worried about legitimacy?

A trader can safely execute trade because it is a regulated and trusted trading bot.

Moreover, traders can create, modify, and refine any number of trading bots on Dbot. So, if you are planning to start with an uncomplicated algorithm, you are welcome.

Except for the drag-and-drop method, what more one can get?

Of course, the benefits are diverse. We will discuss it later. Before everything, you have to open an account using valid information. As the team has 20 years‘ experience in this trading field, they designed this bot to make things easy for traders.

Why DBot Autotrading Robot?

Before recommending any trading product or broker, our team always goes through every layer of their services. Moreover, we regularly updated our readers if platforms introduce any additional features.

Let’s have a look at the following points that DBot offers to their valuable clients:

Regulated and trusted trading bot
Demo account worth of $10,000
Three pre-build strategies
Zero cost to build

50+ trading assets
80% accuracy
No programming skill required
Simplistic drag-and-drop method

Apart from these influential features, it has an intuitive software interface. Moreover, the bot helps traders to trade without monitoring the screen all day long.

DBot Signup And Login Process

Both sign-up and login process is accessible. You can either open a new account or use the previous login credential to enter the platform.

However, Binary.com traders need not register with a new credential. Also, there is no maintenance fee for traders to open an account with the DBot auto trading bot.

You can also log into your account by using social media account like Google and Facebook.

You will redirect to a trading page where you can manually adjust the setting to give trading volume limit and strength rate.

But it is not essential to open a live account to test this automated platform. Deriv allows traders to open a demo account. Even you can begin your trial with us by clicking the link below.

Platform Overview - How To Use?

We have already mentioned that the platform is easy to operate. Anyone can open a position with or with no trading knowledge. However, it is required to have a small understanding of the platform.

Moreover, tutorials, guides, and reference information will be there for you. These will help you in several ways to build your bot.

After login to the platform, you will find a workplace. A pre-designed bot will appear there. You can either use the pre-designed bot or can import it from the local device or Google Drive.

Also, from the search option, you can add blocks to build a customized trading bot.

Different analysis tools, indicators, and smart logic will help traders to maximize profits and limit losses. Take profit and stop loss is one kind of intelligent logics. See how your bot is performing as it executes each trade and receives notifications via Telegram.

The most exciting part is that one can store strategy into Google Drive to use it later.

How DBot Works – 5 Easy Steps To Build A Bot

A common query from many of you: Do I need to deposit money to start trade with DBot? Surprisingly, no. DBot won’t ask you to deposit any portion to create your first trade. However, it only applies to demo traders.

First, to start live trading, you need to deposit a small amount like $5.

As the trading bot uses an effortless drag-and-drop method, you can open positions using five simple & easy steps. Select your trading assets. The bot won’t allow you to trade with over 50 assets.

Set the purchase conditions. You will find two types of DBot conditions. One is raised, and another is Fall. Select one depending on the pre-determined price movement.

Lastly, set restart conditions. The bot will get the last trading information and results to trade again. Click the “Run” button and let the bot work on your behalf.

After closing positions, DBot will show you the list of profits. You can check the profit balance from the transaction and the Journal menu.

If you want to know the details on how to build dbot, check this article.

Which Strategy To Choose?

DBot had multiple trading strategies that are popular and profitable. You can select one from the list or can create your own from scratch.

These are the following strategies:

Martingale
D’Alembert
Oscar’s Grind
Cutler’s RSI
Bollinger Bands and
SMA Crossover

On the other hand, the platform will also allow you to customize strategies according to your preference. It is not required to have coding knowledge to build systems.

Drag, drop, and configure pre-built blocks and indicators onto a canvas to build your bot.

How To Deposit & Withdrawal Money

Literally, let us ask you the same which method you prefer to deposit your account? As the Deriv platform supports verity of deposit and withdrawal options.

These are:

Bank Wire Transfer
Credit/Debit Card
E-Wallets
Cryptocurrency

Note that, Mastercard and Maestro withdrawals are only available for UK clients. Again, except cryptocurrency, other methods have a maximum and minimum deposit limit.

Also, for withdrawal, check the minimum amount before processing. It is also applicable for crypto account holders.

Moreover, for traders, who use crypto as a withdrawal method, the minimum amount will differ depending on the latest exchange rates.

Lastly, they process all your deposits and withdrawals within 1 working day. However, sometimes it will delay depends on the situation.

Benefits That You Can't Ignore

What makes you think twice? The automated platform is incredibly powerful for beginners. Even expert traders are also picking this trading bot to win profits from the most volatile market.

Above, we have already presented a few benefits. However, these following advantages are also necessary to mention.

No need to have programming knowledge
The platform is very accessible
Excellent customer support
Accurate information – real-time

Lastly, the revenue opportunity is transparent. So, you can purchase multiple contracts.

Final Words

We always try to introduce our readers with the best platform or trading robots. Also, we highly recommend our trusted traders to do manual trading.

However, in some cases, remarkably support traders to make money without having experience.

In terms of the winning ratio, DBot is the best choice for both novice and professional traders. So, if you are ready to start then, it can be your one of the good friend.

January 9, 2020January 23, 2023

DaxRobot Review: An Wide Analysis Of Automated Trading Robot

DaxRobot Review: A Wide Analysis Of This Automated Trading Robot

A recently launched automated bot gets the most hype compared to other giant automated software. And our DaxRobot review will save your investment by disclosing some facts you should know.

The trend has some positive impacts on the market as well as some negative. However, these robots are versatile and resourceful, which helps traders to trade according to market fluctuations.

You are guaranteed a quick, safe, and secure 24/7 trading experience. But not always.

The automated robot usually trades with no emotional involvement. It also helps traders to keep themselves aloof from indulging in random trading.

But choosing a scam robot can easily put a trader into huge trouble. So, make sure that you have done complete research.

We assure you that you will get a transparent review here. It will also help you choose a suitable auto-trading robot.

Please make yourself comfortable, and let’s get started!

What Is DaxRobot: DaxRobot Review

DaxRobot is a CFD and Forex auto-trading robot. The platform is designed so sophistically that any trader can trade without difficulties.

DAXbase is the only broker that DaxRobot supports. It has an excellent reputation in the CFDs market. Besides, the bot offers ten pre-made robots for traders’ convenience.

It has a wide range of payment methods, including credit cards, Bitcoin, Litecoin, etc. There needs to be detailed information about the robot on their website or historical data. Unfortunately, we found nothing on their website.

On the other hand, this company complies with financial regulation standards; however, as their business is international, they are not limited to a particular country’s regulatory framework.

But it needs to be noted that this robot does not provide any service inside the United States.

DaxRobot Special Offer

Using DaxBase platform, you can fund your account and run DaxRobot live account. For verified live account holders, Binoption is delighted to present an incredible 200% Deposit Bonus.

Besides, we all know that trading markets are competitive, and we want our traders to conquer the market with us. Existing and new customers can use these codes mentioned in the table below. Besides, this special offer is available around the world.

Deposit $1000 or more to activate this code and straightly get a 200% extra bonus on the first deposit amount.

Through this special offer, we are allowing you to trade with even more power and confidence.

How To Get Special Bonus Offer

As we stated, the bonus is automatically available for all clients who deposit $1000 or more into their funding accounts.

Copy the bonus code
Go to the Account funding page
Enter the special bonus offering code and get your bonus

Why Choose DaxRobot

Choosing a well-organized and trusted robot is undoubtedly important for every trader. Before making the final decision, read the following features and see if this robot is worthy of performing trade or not.

Demo account facility
A minimum deposit $250
Minimum investment $1
Return up to 97%
Profitability up to 340% a year

Web-based platform
Various deposit methods
Own robot customization
Dedicated customer support team
User-friendly trading platform

DaxRobot Sign-Up And Login Process

Sign-up and logging are the processes you must complete to start trading. It’s pretty easy here. You just need to proceed through some easy steps to register and have login access.

So, let’s see what the steps are.

DaxRobot Sign Up:

Follow the following steps to sign up.

Firstly, you need to fill out a registration form that will appear as soon as you sign-up. You’ve to put your First name, last name, phone number, account currency, E-mail address, password, and the broker that you want.

Secondly, put a tick by clicking all three boxes for security issues, verifying you’re not a robot, agreeing with the disclaimer, and you’re from the outside USA.

Thirdly, you’ll get an account to log in after completing the free registration.

DaxRobot Log In:

Just click on the login option and enter the email address and password that you’ve provided while registering. And their trading platform will appear before you.

High Capital Risk Is Involved In Financial Trading

Settings And Trading Platform

Trading can be both thrilling and disastrous based on the knowledge and skills as well as the platform you choose. It has multiple underwater stones that can easily ensure your downfall within a very short time.

Every trader needs to get familiar with the trading platform. All trading platforms are almost similar, except for some ordinary differences. So, it will add some advantages to the traders that they can easily understand the whole platform.

After opening the trading platform, you must choose a robot from the list. Or just create your bot according to your plan. You can easily find out all the Top robots on the left side of the trading platform.

If you are unwilling to trade with these robots, just click on the “CREATE MY ROBOT” option, which is located above the top robot list. You have to select your favorite asset pairs and at least three indicators to start with.

Lastly, you are ready to place the trade.

DaxRobot Supported Broker

DaxRobot has only our supported broker, which is DAXbase. Clever Technologies operate DAXbase.

There are three account types- Bronze, Silver, and Gold. After completing your free registration, you have to activate your preferable trading account and by initial deposit to start your trading. They also provide a copy trading facility.

Additionally, the broker offers leverage up to 1:100, and Demo trading is also allowed.

Deposit amount is minimum 250$ and the maximum – 50000$
The minimum trade starts from only $1
Minimum amount allowed for withdrawal is $50.
Guaranteed withdrawal processing within 1 hour.

How To Create A Bot

Click on ‘CREATE MY ROBOT’ after reaching the trading platform. Name your robot and select asset pairs that you prefer.

Next, select your favorite indicators and period. You have to select a minimum of 3 indicators. And save it by clicking the save option, and you’re done.

Here, creating own robots seems very easy for the traders, especially the newbies. You can easily find the list of your own robots in the ‘MY ROBOT’ section.

High Capital Risk Is Involved In Financial Trading

Top Robots: Created By DaxRobot

There are ten top robots that you will find on the dashboard after opening an account. These are all pre-made bots you can use in the most volatile market. Unlocking these robots requires funding on your account.

Besides, the deposit amount also differs from the DaxRobot. The profit rate you see there is not fixed; rather, it varies monthly. The initial deposit amount starts from $250, and the maximum is $2500.

Each bot has a unique strategy, and not all bot is suitable for all type of assets. So, our recommendation is to create your own by analyzing the market movement and price.

Demo Trading

Demo trading is undoubtedly important for every trader. It boosts the experience level and skills of traders. DaxRobot provides a demo trading facility. But like most cases, it’s only for a one-minute duration.

Just click on ‘ROBOT DEMO’ to start demo trading. You will get virtually $1000 to trade. When you open a demo account, forget it is a “demo” account. Treat it as a live account and your real money. However, the time frame is too short of understanding the platform properly. Besides, the demo account result is misleading.

Do you like to lose money with your live account so easily? If not, then do not lose your demo account so easily too.

Mobile Trading

Trading on a mobile is much easier than trading on a laptop. It’s tough for traders to execute the trade by sitting before the laptop all day. Mobile trading is a kind of a blessing in this case as it helps traders to get follow up on their trading history.

Unfortunately, DaxRobot doesn’t have any Mobile trading platform. In reply to the question regarding this matter, they notified that they are working on it.

Now time will say what we’re going get, whether they really are working on it or just trying to create a good impression.

DaxRobot Asset Index

You’ve learned before that DaxRobot basically deals with Cryptocurrencies and Forex pairs. In the dashboard, you can see the 12 different asset pairs from both Forex and Cryptocurrency.

Forex pairs:

EUR/AUD EUR/USD
GBP/USD USD/CHF
EUR/JPY USD/CAD
AUD/USD EUR/GBP

Crypto pairs:

BTC/USD
LTC/USD
ETH/USD
BCH/USD

From these pairs, you can select one or multiple pairs to start trading with. It’s about your choice.

Deposit Process

Funding your deposit is easy. You can use various payment systems to fund your account and get started.

Let’s have a look at the deposit methods first:

VISA MasterCard:

This method will cost 5% while funding. Its covered regions include almost everywhere. You can instantly fund your account.

Bitcoin:

Bitcoin doesn’t cost any transfer fee and instantly input your fund to the account.

Ethereum:

Funding with Ethereum is just like bitcoin. You can instantly fund your account without any cost from anywhere.

Altcoins:

Altcoins too don’t cost any transfer fee.

Perfect Money:

You can also use Perfect Money to fund your account with no transfer fee. But it may take up to one hour to complete the funding process.

Moreover, there are other options like BitcoinCASH, MONERO, etc.

Withdrawal Process

The withdrawal methods are the same as the deposit methods. But it’s worth mentioning that you may have to wait up to 1 hour to get your withdrawal.

During weekends and public holidays, the funding may be delayed.

Is It A Scam Or Legit

Trading robots are spreading rapidly in this era, and in most cases, all they have to offer on their website is a simple trailer video that is to convince new traders to invest.

From this point of view, the authority of DaxRobot seems to be on a tight budget, as they didn’t even include a trailer on their website.

So, it took a lot of work to compare this bot with the leading one. However, the bot should provide all its information to prove its legitimacy. It makes traders feel safe.

But not providing every detail of information doesn’t mean they are a scam. Scam robots can’t survive in the market for a long time. As DaxRobot is getting more attention daily, it has some specialties to provide to its traders.

So far they have some disadvantages that we will point out later.

DaxRobot Advantages

Let’s quickly look at the advantages you’ll get from this robot. It may help you to decide precisely whether you choose it or not.

Simple and convenient interface.

24/7 Customer support.
No additional fees.
Accept cryptocurrencies.
Own robot creation facility

DaxRobot Disadvantages

DaxRobot has some crucial drawbacks that we should make you aware of are given below.

Only one broker that is new in this field and not regulated by any major regulatory body that limits traders
Lack of information on the website
one-minute limit demo session
No verified back-testing result
The initial deposit amount is comparatively high
No mobile trading facilities.

Final Words

Most auto-trading robots claim to use special algorithms; we appreciate that DaxRobot doesn’t claim to use any of that special stuff.

Instead, it simply explains that you will be using an automated system powered by common technical indicators.

Lastly, As usual, we always recommend you enrich your trading knowledge. You must have to be conscious and smart enough to find out the authenticity of any auto trading platform.

Don’t fall for any temptation, rather, verify every single detail from your trusted sites that provide you with authentic information. Or, just knock their customer care service option just to be 100% sure.

Keep in mind that if you lose, you’re going to lose money from your wallet, not from anyone else’s.

So, check and double-check before starting with any trading robots.

September 29, 2019May 23, 2023

MT2 Trading Review: True Automated Trading Bot For Binary Traders

MT2Trading Review: True Automated Trading Bot For Binary Traders

Presenting the brand new MT2 Trading review. If you are looking for super fast gear to trade the most volatile market, the MT2 Trading platform is the right choice. It is a powerful and innovative auto trading platform that allows you to trade binary options.

Ask me, what’s missing here? The answer should be nothing. The platform is ornamented with a variety of features to attract traders. Moreover, you can set your trading indicators and allow the robot to trade 24/5 for you.

Besides, traders can subscribe to signal providers and copy trading services simultaneously.

Overall, this is something that expert traders are obsessed with. And in this review, we will describe why traders choose MT2 over other third-party trading platforms.

Let’s find out the secret to Binary Options’ success every day with this MT2 trading review.

What Is MT2Trading

MT2Trading platform is an automated bot that allows you to trade binary options with your favorite broker. You will find a broker’s list on the dashboard.

Moreover, the bot is aimed at binary options traders who want to trade automatically with the help of various regulated and reputed brokers. MT2Trading platform was founded in 2017, though the information is missing on their website. Here, we won’t play with the numbers, but it is proven that this automated bot has some Unique features.

On the other hand, the user interface is simple and intuitive. You can customize your trading bot as per your requirements. However, to start trading, you must download the platform to your desktop.

Note that the minimum investment and funding amount depends on which broker you choose.

Also. this platform is compatible with Meta Trader 4 and MT5 platforms.

MT2Trading Platform Features

MT2 is a revolutionary trading robot that allows you to trade binary options on its platform.

Furthermore, the robot will help you take your binary options trading to the next level. So, you can therefore enjoy meaningful things in life and earn money at the same time.

There are some noteworthy features available. These are:

Fully automated trading
Meta Trader connectors
Copy trading
Demo account
Supports regulated broker
Trading Statistics

24/7 dedicated servers
Risk management
Custom configurations
Economic news filter
Powerful signal builder
User-friendly interface
Mobile App

SignUp And Login Process

The registration process is slightly different from other platforms. Before registering with this trading bot, download it on your trading device. However, you can also create an account through the web platform.

Follow the instructions to download and install the platform on your device.

- Registration Procedure:

To create an account, you must fill out a form with valid information, like

Name
Valid email
Password

Lastly, put the tick mark if you agree with the terms and conditions.

After signing up with a broker, you can use the same login credential to enter the MT2 trading platform. But, to use the copy trading feature, you need to register a new subscriber account.

- Download & Set up:

You will find a link on the website from where you can download the zip file. Once you have downloaded MT2 on your PC, proceed to install it following these steps:

Right-click on ‘mt2trading_setup.zip’.
Choose the ‘Extract Here’ option.
Open the decompressed folder.
Double-click on ‘mt2trading_setup’ to execute the MT2 setup.
Follow the installation instructions.

- Login Procedure:

Once the program has been installed, you will be able to see the login page. You will get a list of 4 reputed and regulated binary options brokers. Use the MT2Trading platform to log into your broker account.

There’s a slight difference in the login process, depending on your choice.

MT2Trading Account Types

Along with a demo account, the trading platform offers three different trading accounts. You can enjoy the best automated binary options trading robot experience by choosing one of these licenses.

Remember that all licenses include these below common features:

MetaTrader Connectors
Social CopyTrading
Trade With Real Money
Free Updates

Signal Builder & Back-Tester
‘BinaryProfit’ Indicator
One Broker License
Free Broker Change

Moreover, the minimum subscription fee is $30. You can trade with real money after depositing the initial amount.

But, the minimum investment will depend on the broker’s platform. However, the minimum deposit required by brokers is as follows:

IQ Option’s minimum deposit: 10 USD
Binary.com’s minimum deposit: 5 USD
Spectre.ai’s minimum deposit: 18 USD
Alpari’s minimum deposit: 1 USD.
OptionField’s minimum deposit: 10 USD
InstaBinary’s minimum deposit: 5 USD
CLMForex’s minimum deposit: 18 USD

On the other hand, you can also deposit $150 for an annual license.

Before subscribing to a particular account type, please go through the below price table.

$ 30

Monthly Payment

$ 60

3 Month Payment

$ 150

Annual Payment

BEST VALUE

Demo Account

MT2Trading offers a free demo account for traders. After opening the demo account, you can use the automated trading platform to practice the trade.

A demo account will help you to understand the platform’s features. It will also help you configure it correctly.

Here you will get a virtual amount to practice trading. Using a practice account, you can also access signals, channels, and updates. Moreover, you will get free licenses for all brokers without any payment.

We highly recommend you start with a demo account to learn how to navigate the financial industry.

FREE

Only with fictitious money
Free updates
Access to free channel
All brokers
No payment

Get Started With MT2Trading Platform

As we said earlier, you must download the trading app on a desktop. Also, you can download the platform on your mobile device. However, we always prefer a comprehensive view to analyze the chart correctly. After installing, run the program and log into the platform.

Via the MT2 platform, you will be able to trade automatically multiple reputable Binary Options brokers.

Other brokers are also available, but not on the binary market. The auto-trading platform is user-friendly. Traders can completely customize and configure the trading platform according to their preferences.

From the user interface, you can access different functions.

These are:

Trading Chart:

From the trading chart, traders can access MetaTrader indicators, signal providers, and manual plug-ins. Depending on the trading signal, the robot will trade on your behalf.

The auto signal connector will work as a bridge between MT4/MT5 and MT2trading platforms.

Daily Profit & Trading Volume:

You can get updated with information on your daily profit and trading volume from the platform.

Click the “Trades Analytics” button, and it will show you a new tab. From that tab, you can check your trades history and profit graphs.

CopyTrading Service:

You will have a clear view of copy trading later in this review article. In the copy trading service, you will get a public signal providers list, historical trading statistics, historical trading graphs, chat messenger, and signal subscriber/provider panel.

By using these, the trading bot will copy and paste profitable trades into your platform.

Economic News & Events Filter:

From the “news events filter,” you will get notifications and details on important news.

The chart will show you the upcoming events, time, impact, currency, and events. Moreover, you can pause your trading before and after the event.

Live Financial Market Graphs:

MT2 trading platform is directly integrated with the “Trading View” chart. The trading software will use this live graph to analyze the market and predict the right asset price.

Additionally, the live chart is the best place to analyze the market using different tools and trading indicators.

Custom Configuration:

From the “Settings” button, you can customize the MT2 configurations according to your trading strategy.

You will be able to define the trade amount, risk management, trading filters, and general configuration from the MT2 configuration window.

From the “Help” section, traders will learn about the platform’s functionality. You can also receive technical support via skype and e-mail.

On the other hand, we also briefly describe each of the features one by one.

If you haven’t downloaded it, you can download it right now.

High Capital Risk Is Involved In Financial Trading

Supported Brokers: MT2 Platform

The MT2 platform is successfully integrated with the four most reputed and regulated brokers.

You can choose your favorite broker from the below list and start trading automatically.

MT2IQ For IQOption:

It is alluring that the MT2trading platform supports the leading and regulated broker IQ Option. You will get a wide range of trading instruments that help you to diversify your portfolio. On the other hand, the payout is also lucrative, approximately 95%.

The registration process is simple. Enter your IQ Option email address and password, and you’re set.

MT2Binary For Deriv (Binary.com):

Previously, it was binary.com that rebranded with a new name Deriv. Yes, the MT2Trading platform also supports this old broker. For Deriv.com (previously Binary.com), you’ll also need an API token and your login details.

Follow these steps to do it:

Login to your account (Deriv.com)
Open the dashboard and click “Manage account settings”
Go to the security section and click API token
To create a new token, choose any token name you want; make sure to choose the scopes “Read and Trade” and click on the “Create” button.
Click “Create,” and your new token will appear. Just copy your token now.
To add your account, paste (ctrl + V) your token in the “API-Token” field in MT2 Trading and click the + button on the right.
Your token will be verified now. You’ll see your account ID if it’s valid. Let’s start trading by clicking “Login”!

MT2Spectre For Spectre.ai:

Spectre.ai is the world’s first regulated and broker-less financial trading platform. The trading platform will allow traders to trade the financial trading market directly.

If you want to trade the financial market with low risk, Spectre.ai will be the best financial online trading platform. The registration process is simple. It’s just as easy as that, just enter your email and password.

MT2Alpari For Alpari.com:

Alpari broker has been running a trading service for more than 20 years. You can trade binary options on Forex by using this broker.

It is a regulated broker with unique features. You can execute the trade by using both desktop and mobile devices.

The login process is simple, and using the same login credential; you can open the MT2Trading platform account.

Instaforex:

Instaforex is a regulated broker allowing traders to trade over 100 trading assets. Moreover, the broker also has good reviews on the market. To log in to the MT2 trading platform, you must enter the same email address and password.

The one that you have used to open the broker’s platform.

Optionfield:

Optionfield is a regulated binary options broker. It is new platform that started it’s journey in 2017. To log in to the MT2 trading platform, you must enter the same email address and password.

The one that you have used to open the broker’s platform.

CLMForex:

CLMForex is a regulated broker that offers multiple trading classes. It is a new platform that started its journey in 2013. To log in to the MT2 trading platform, you must enter the same email address and password.

The one that you have used to open the broker’s platform.

Copy Trading Service With MT2 Trading

The copy-trading feature will allow traders to copy successful traders and receive automated signals from a signal provider.

After that, you can copy them into your favorite brokers with desire amounts and risk parameters.

The interesting part is that expert traders’ trades will be copied and pasted automatically in your account. However, signal providers use their strategies.

For start copy-trading, you have to follow 3 simple steps:

Choose a signal provider and send a subscription request
Wait for the approval
If your request is approved, their trades will be copied and executed in your account.

Click the social trading button from your platform.

The platform will show you a complete list from where you can get the name of signal providers. Among those, you can choose and receive a signal from them.

As per the website –

“This list was designed in such a way that all the necessary and useful information of each provider is available to potential subscribers.”

Before selecting a particular signal provider, you have to search a few things. It is wise to take time to analyze and choose the best one.

History of provider
Filter a provider according to gain, win-rate, trades, days, and free
Communicate with provider

After analyzing, subscribe to the provider. Create an account with a selected subscriber. If you already have a subscriber account, then you just have to enter your log-in data.

On the other hand, you can also become a signal provider by sharing your signals directly form your indicators in Metatrader with the auto-connector or manual-connector.

Firstly, you have to make an account. If you already have an account, then login with the same credential.

Secondly, fill the form with all necessary valid information. After finishing the configuration, click on the “OK” button. Lastly, you are ready to start offering your service as a Signal Provider.

Economic News

The economic calendar will help traders to minimize their loss when the financial market is unpredictable. During such news and economic events, behavioral trends are no longer detectable.

So, this can negatively affect your trading.

Through an economic calendar, traders will able to pay attention to all the international live news that impacts the prices of the currency markets.

From the platform, click the clock button to configure the news filter and set your news feeds.

With the help of this powerful trading tool, you will be able to prevent the robot from trading during news or events that may impact the market, causing unusual price movements.

MT2 Trading Documentation

You will find the documentation part while opening their website. The documentation will help new traders to know about the trading platform’s features briefly.

Moreover, you will also get some idea on how to use those features in the main trading platform. So, you can consider it as a basic guideline for new traders.

MetaTrader 4 & MetaTrader 5 Connector

With the help of many tools offering by this platform, you can create a bridge between your MetaTrader 4/5 connector.

Not only connector, but also you can trade on the MetaTrader platform with the help of your favorite broker.

On the other hand, you will find thousands of trading indicators that traders use every day.

With MT2 connector, you will be able to connect virtually any MetaTrader 4/5 technical indicator to your Binary Options broker. After that the signal place automatically in your platform.

Apart from these indicators, you can also connect any indicators in the MT2 trading platform. As per your specific needs, you can configure it.

Risk Management

MT2 trading platform allows you to have control of your account balance using risk management feature. You can set the parameter and the robot will maximize your profits whole minimizing and regulating your loss.

Moreover, traders can set the daily profit target for their account. The robot will trade non-stop until the parameter is reached.

Additionally, you can minimize your loss by setting a stop-loss parameter. Set up a limit on the amount for each one of your trades. Lastly, you can set the trade limit according to your preference.

Live Market Graphs

Every trader needs to constantly analyze the live market data to predict future asset price. Via live financial market data, you can see the price movement. So, now you can enjoy the market movements without leaving the trading platform.

Moreover, you can also customize your graphs according to your personal preference. The platform will give you a wide range variety of options to make your graphs.

Telegram Signal

Well, the platform also allows traders to get signals from Meta Trade 4/5 to Telegram channels. The first step is to open a signal provider account and set up the Telegram application.

After that, the following steps are required to follow:

Create a Telegram public channel
Create a Telegram Bot
Add your new bot to your Telegram channel
Share signals

Desktop And Mobile Trading App

To execute a trade, you have to download the application on your trading device. Download the application and start automating your trades within minutes. However, check the system requirements on their official website.

MT2 is also compatible with your smartphone, so you can access your account right away! Moreover, you can watch your trading performance, historical statistics and start/pause the platform.

MT2 Trading Platform Pros And Cons

MT2 Trading is a 3rd party software. The major advantage of this trading software is that you can trade with all regulated brokers who are famous around the global market.

Additionally, the robot win rate depends on the users. So, the result will depend on the technical indicators, general configurations, risk-management parameters, and overall strategy!

Moreover, you can run the trading app for 24 hours with a VPS connection.

The benefits that you can’t ignore:

OTC market integration
Regulated brokers
Free demo platform
Mobile app facility
Copy trading

Simultaneously, there are some disadvantages to this trading robot. Like:

We failed to get company information and establishment date from their main website.
No live chat option
Don’t offer web-based trading platform

Contact

As we said earlier, MT2 trading platforms do not offer live chat options for traders. You can only contact the team via e-mail or phone number.

On the other hand, you can send a message if you have any doubts or suggestions. The team will contact you as soon as possible.

Conclusion

No wonder you will find lots of trading robots in the market. But, always remember the best one will help you to earn more.

As long as you trade with trustworthy trading software, you will push your income higher. MT2 trading bot is the latest technology that allows you to trade binary options automatically and profitably.

Moreover, the trading bot has excellent features for successful trading. MT2 trading can be your go-to trading platform. So, you can start trading without any doubt, whether you are an expert or a beginner.

September 5, 2019January 23, 2023

CentoBot Review: Scam Or Legit Crypto Trading Robot

CentoBot Review: Scam Or Legit Crypto Trading Robot

Centobot Review has been highly requested by automated traders, especially beginners who wish to learn more about this trading software.

Try not to skip because you will not find detailed information on their website, which we discussed below. Therefore, we gathered all the information in one place so you can find it easily and decide before investing.

Moreover, CentoBot claims to be a cryptocurrency trading robot that helps investors earn more than their expectations. But, it is important to determine whether this platform is legit or scam trading software.

So, let’s discuss the ins and out!

CentoBot Review: What Is CentoBot?

Centobot is a crypto robot that was established in 2017. Traders can trade forex and cryptocurrency with this automated trading software.

To operate, you can choose selected partnered brokers, including multiple pre-set robots. Each bot will trade on your behalf. Besides, you can choose the listed bot according to your trading strategies. You will get the robot list from the dashboard.

However, this bot does not provide any services on US territory, which is a pity for traders.

On the other hand, it is not licensed and regulated. In the “Awards” section, you will see that they received an award for the best robot for the binary options in 2016, though it’s a bit confusing.

But we have a second opinion regarding this award, which we will discuss later in the regulation part.

Special Bonus Offer

Binoption is delighted to present our valued traders and investors with an incredible 200% Deposit Bonus. We want our traders to conquer the competitive trading market with us. Because, it is high time to make money.

You can only run a bot after depositing an initial amount through the broker’s platform. Both existing and new customers can use these codes that we mentioned in the below table. Besides, currently, this special offer is available around the world.

Also, you can use when funding your account via two supported brokers such as Binarycent and Raceoption.

Deposit $1000 or more to activate this code and straightly get 200% extra bonus on the first deposit amount.

How To Avail Bonus

The deposit bonus is only available to real account holders. Besides, if you deposit $1000, you will get the bonus automatically.

Through this special offer, we are allowing you to start trading with even more power and confidence.

Copy the bonus code
Go to the Account funding page
Enter the bonus code and get your bonus!

CentoBot Review: Why Choose CentoBot?

The traders usually choose automated platforms after analyzing their features. Some unique points push traders to think about Centobot.

These are:

Demo account facility
Minimum deposit $250
Minimum investment $0.1
Maximum returns 95%
Dedicated customer support team

Award-winning a trading robot
Popular Forex and Crypto assets
Customize your robot
More than 15 deposit methods

CentoBot Signup And Login

The registration process is simple. You just need to provide some valid information to open an account.

So, please follow the below steps to finish the process.

Open the dashboard and select the “Signup” button
Fill out the registration form with your name and contact details, including the valid information
Choose the broker from the list
Agree with the terms
Lastly, click the “register for free” button to enter the automated trading platform.

Finally, put the e-mail and password to log into the account.

Is CentoBot Regulated?

Regarding regulation, unfortunately, CentoBot is not a regulated entity. Except few, the majority of the auto-trading bot has no regulation.

So, like a broker, you can’t measure the legitimacy based on the regulation.

However, this bot achieved the award for “best robot for the binary options” in 2016. However, according to the research, they started their operation in 2017. So, this info is a bit confusing.

CentoBot Partnered Brokers

To operate the trading bot, you need to select a broker. Centobot has partnered with 4 trading brokers, like

Binarycent
VideForex
RaceOption
IqCent

Each broker provides almost similar opportunities, except for a few.

BinaryCent Broker:

Binarycent is an online trading broker that is partnered with Centobot. The broker is regulated by theVanuatu Financial Services Commission (VFSC). Besides, the broker offers Forex, CFD, and Options trading, including over 15 Cryptocurrencies.

The BinaryCent review will give you a clear view of this broker. Now, it’s time to see the features that make this broker lucrative for traders.

Return up to 95%
Start trade from 10 cents
Leverage 1:500
Can withdraw profits within 1 hour
Weekend trading
Copy-trading

You can start trading on a live account after depositing the initial amount of $250. At the same time, to operate the demo account, you also need to fund your account.

High Capital Risk Is Involved In Financial Trading

VideForex Broker:

Videforex is a regulated and leading Forex, CFD, and binary options broker established in 2017. With multiple trading accounts, you can trade your favorite instruments. Let’s find out the features that make this broker outstanding.

Maximum return up to 95%
More than 100 trading assets
Minimum withdrawal of $50
Copy trading

Apart from these, you will get a bonus option. Besides, to start trade, traders need to fund their accounts with a minimum of $250. The web-based broker also allows you to trade on mobile.

High Capital Risk Is Involved In Financial Trading

RaceOption Broker:

UK-based broker RaceOption is a regulated broker for Forex and CFD. From 2014 till now, the broker has successfully served numerous traders. However, renowned regulatory bodies do not regulate the broker.

More than 100 assets are available for trading via the web platform and mobile platforms.

As a trader, you will get some benefits from RaceOption:

Return up to 90%
Deposit bonus starts from $20
Weekend trading
Copy-trading facility

You will also get multiple trading accounts with exclusive features. The minimum deposit amount is $250. Remember, to profit from the financial market; you must predict the asset price correctly.

High Capital Risk Is Involved In Financial Trading

IQCent Broker:

IQCent is a popular cent broker that allows traders to trade on cents. This broker is absolutely affordable, as the minimum deposit starts from $20.

This is not the only opportunity you will get if you open an account with IQCent. Other features also make this broker an excellent option for traders, like –

Minimum trade size $0.01
Leverage up to 1:500
Maximum payout 95%
Copy trading facility

Besides, you will get multiple trading accounts. Choose one that meets your needs.

High Capital Risk Is Involved In Financial Trading

CentoBot Top Robots

You can either make your own bot or select one from the list. Besides you will find the list in the dashboard. Those are made with pre-set strategies. These top robots help traders profit from the most volatile market. After opening the trading dashboard, you will find a complete list of robots.

To unlock each robot, you must fund your trading account.

Apart from names, you will also find ALGO level, income, and minimum deposit amount.

We will give an overview of each robot below in this article.

Also, remember that the profit percentage is updated daily.

CentoBot Trading Platform

CentoBot is an automated cryptocurrency software. You can select a bot from the list by clicking on the robot’s name.

The list will appear on the left side of the trading dashboard. On the other hand, you can select the robot based on the desired level of income.

On the other hand, you will also get a short description of each robot along with its profit percentage.

However, a trader will be able to open the full functional trading bot after funding the bot.

You can also create a robot from scratch. So, to build or create a bot, traders must choose currencies and technical indicators.

Remember, each successful trade will give you approximately 95% return.

How To Create A Robot - Settings

To create a bot, you have to follow some easy steps. Click the button “Create My Robot” and start following the below steps:

Create the bot name
Select single or multiple trading assets
Adjust the level of the buy and sell slider
Select the indicators with the time
Check and click the “public” button to make the robot public

You can see your current balance after funding your account or investing in a trade from the dashboard. Run the robot by clicking the “Start” button.

“Add Balance” button will redirect you to a selected broker page for the funding amount in your trading account.

Finally, you will find a Balance chart, from where you can see your balance with time.

CentoBot Trading Indicators

There are six indicators available on CentoBot. These technical indicators help robots to take decision based on the pattern and indicators.

CCI
STOCH
MACD
WILLIAMS
RSI
TREND

CentoBot Demo Trading

CentoBot trading robot offers a demo account for traders. The account will help traders to know how the bots work. Unfortunately, you can run the bot only for one minute.

Moreover, traders can run the demo robot on the top 10 trading robots. For that, select the robot and click on “Robot Demo.”

Besides, the initial virtual amount is $1000. After finishing the trade, you can see your final balance in the currency balance section.

Surprisingly, the demo test always ended up with profits. However, the demo trading situation completely differs from the normal financial situation.

Trading Assets

In the trading dashboard, you will find more than 20 trading assets including Forex pairs and Cryptocurrencies. CentoBot offers major Forex pairs and popular cryptocurrencies which are paired with Forex.

These are:

Forex pairs:

EUR/AUD
EUR/USD
GBP/USD
USD/CHF
EUR/JPY
USD/CAD
AUD/USD
EUR/GBP

Crypto-Forex Pairs:

BTC/USD
LTC/USD
ETH/USD
BCH/USD
SAN/USD
OMG/USD
ZEC/USD

EOS/USD
ETC/USD
XRP/USD
XMR/USD
DSH/USD
IOT/USD

From this list, you can whether select one pairs or all of them to run the robot functionality.

Trading App: Mobile Trading

Currently, there is no mobile trading app for the both theCentoBot trading robot. The robot only offers a web-based platform with Forex and digital currency pairs.

You have to trade by sitting in front of your laptop.

However, including BinaryCent brokers, other brokers offer mobile trading for traders. So, you can download the app on your mobile device.

The application is available for the both Google Play Store and the iOS store.

CentoBot Deposit And Withdrawal Process

To run the bot, traders need to deposit a minimum amount of money.

As per the bot’s requirement, the minimum deposit amount is $250. However, sometimes the amount depends on the trader’s region.

1. Deposit Process:

You can use your Credit Card, Bitcoin, Ethereum, Litecoin, and 15+ other Altcoins to fund your account. According to each broker, you will get the deposit bonus based on your funding amount.

The bonus starts from 20% to 100%.

Moreover, deposit your account via Bitcoin will help you to get a 5% bonus.

Transfer funds via Visa and Mastercard, traders need to pay a 5% transfer fee.

Other methods of funding time are instant. Note that funding time may be delayed during weekends and public holidays.

2. Withdrawal Process:

Before withdrawing your amount, the broker will request you to submit your proof of identity and valid address.

Based on the type of trading accounts, withdrawal fees will be applied.

You can use the same methods that you have done during deposit time. They charge a 5% transfer fee on credit card transactions.

Customer Support

To communicate with their support team, you can use the live chat. You will get an instant reply from them.

On the other hand, you can also communicate with the support team through an e-mail. The team will get back to you soon when they are online.

The software is available in 8 different languages.

Advantages And Disadvantages

CentoBot has some advantages and disadvantages. You will find many online robots to help you make your trade automated.

Besides, it is the most accessible online Crypto and Forex trading software currently in the market.

Apart from the advantages, you will find a few disadvantages we mentioned below.

Advantages:

A huge range of cryptocurrencies to trade
Various funding methods
Trading bonus up to 100%
Multiple robots to choose
Six trading indicators that are popular

Disadvantages:

Fake trading awards
Lack of transparency
No terms and conditions or privacy policy link
Negative reviews from traders

Conclusion - Is CentoBot Legit Or Scam?

CentoBot is a brand-new trading robot that started its business form 2017. On the other hand, you found a problem while we were checking their awards section.

After researching, we found that the trading software is legit and a good choice for all investors. The withdrawal part is also satisfactory. However, we got multiple complaints regarding this.

The most interesting part is that, similar to the binary.com auto-trading robot, you can create your bot using at least three trading indicators.

Lastly, it is a good option to invest your money. So, you can explore the financial market with the help of this legit trading software.

December 23, 2018October 22, 2023

FXMasterBot Review: Reveal FXMasterBot Scam Or Not

FXMasterBot Review: Reveal FXMasterBot Scam Or Not

FXMasterBot Review – Trusted Forex Robot: FXMaster Bot is a free WEB-based trading software powering a user-friendly trading platform for both Cryptocurrency and Forex currency pairs in 13 European languages.

They started their journey in December 2017. The platform is independent.

This automated trading software was developed by a team, who has an experience of over 20 years in the financial markets.

To use FXMasterBot on mobile devices and desktop computers, traders don’t need to download apps or software.

The ‘robot’ software collects financial market data and sends signals that are recommendations to trade, directly to the dashboard of the trading platform.

Traders can decide whether to implement the signals, automatically or manually, on the trading platform available only to FXMaster Bot clients.

But to know more about this automated trading robot and why we recommend it as safe and secure, you can read the full review below.

FXMasterBot Review: Forex and Cryptocurrency Trading Robot

High Capital Risk Is Involved In Financial Trading

The ‘brainchild’ of several experienced Forex traders, this trading software provides a progressive trading experience from the ‘newbie’ level right up to the trading pro.

The evolving nature of the software sets the FXMasterBot apart from other Forex trading Robots reviewed by us.

Trading strategies are very unique. It provides more features, more options and more opportunities for traders.

The outstanding feature of this robot is that it’s not provided through a single broker.

In fact, it is an independent, free software giving customers who register a trading account on its website, a choice of 10+ brokers to deposit with.

A key point to remember is that the brokers are a ‘mixed bag’ of licensed Forex or Cryptocurrency brokers and unlicensed brokers.

And it’s left up to the customers to decide which broker suits their individual requirements.

Recently, they have upgraded their software to be more in line with recent regulations that ensure traders protection.

Why FXMasterBot

Here are some reasons you can choose FXMasterBot for Forex and Cryptos auto trading –

Minimum Deposit $250
Multiple regulated and unregulated brokers
17 Forex pairs
5 Cryptocurrency pairs
Take profit/ Stop loss
Multiple Device Supported

FREE Signals
5500+ Winning Trades
Advanced Trade Settings
No Download Required
Professional and sophisticated Trading Algorithm

FXMasterBot – Demo Account

Demo account is suitable for all types of traders to know the trading platform more precisely.

After opening a demo account, the trader gets a minimum amount of virtual money which will not bring a real profit for you. However, it will give you a priceless experience.

This signal platform previously offered a FREE demo account for five days with simulated trades on their authentic trading platform.

Currently, FXMasterBot does not offer a demo account for its traders. However, Some of their brokers offer a demo account.

You will need to deposit to access their automated trading signals, but you can always contact your broker on whether they can make a demo account available for you or not.

Sign Up and Login Process

Opening an account is easy and hassle-free. You can open a FREE account with this trading software.

The process is described below:

STEP-1

Click on the ‘Website’ to start your registration process.

STEP-2

You will find a registration form mentioning “Open FREE Account”, enter your first name, last name, phone number, email address, and password.

They will automatically connect you with the selected broke.

STEP-3

Click on the checkbox that asks you to confirm that you want to receive the newsletter and special offer notices along with the terms and conditions.

STEP-4

Re-check all your information and then click on the “JOIN NOW” button.

STEP-5

You will receive a mail to confirm your subscription to “FXMasterBot”

After completing the account creation, a minimum deposited amount is needed to run your trading.

High Capital Risk Is Involved In Financial Trading

Login

If you already have an account with this trading software then you will simply click on the “Login” button.

To log in into your account, just use your email address and password.

After login into the platform, you will see a compatible broker’s list. The broker will vary country to country.

Integrating with your current broker is not possible. So, you have to choose brokers from their list.

Traders don’t need to create a new email and password for each and every broker.

You can Log in with multiple brokers at the same time but to perform trade you have to choose one broker.

You can switch from one broker to another broker for trading.

Live Trading Account

FXMasterBot does not offer any trading account types for their traders. The trading account types depends on the brokers.

Each broker has their own account types for customers with varying degrees of trading experience, where each account operates with specific parameters.

After signing up, a broker’s account in your name will be automatically created.

You can also trade with multiple brokers and switch between brokers as you like for optimum experience.

Traders need to activate the trading robot by depositing $250. Depositing with a broker will permit this platform to place a trade on behalf of you.

A free trading signal will help you to analyze the trading market.

All tools and instruments provided by the robot are for managing and optimizing the placement of your trades.

You have to set these trading features that will be the best for you. Note that, this software offers manual trading with automatically generated signals.

Of course, customers registering with FXMasterBot can decide for themselves at what level they want to begin.

Importantly, there’s no obligation to start at the lowest level and work up. If you are a novice trader, then start trading with just the simplest assets.

Customer Support

As a registered trader at FXMasterBot you can count on customer support during trading hours whatever your account type.

Live chat is available directly on the interface of the trading platform.

Besides this when the agents are absent you are asked to leave a message, so they can send an email with a response to your query when they return.

Their customer support is always active for traders. The support team is reliable and happy to answer all your questions.

Except for the live chat, you can also reach them through Email [email protected].

Payment Methods

We were not able to access the details of payment methods offered to customers. Multiple brokers are partnering with the free software provider.

Payment methods depend on each broker. Brokers handle all the user’s funds. It only provides the software.

However, their saying is that all payment methods are 100% secure, irrespective of the broker selected and it gives a few examples of the payment methods traders can expect to find when they sign up.

These include the credit cards Visa, Mastercard, American Express and Discover as well as the globally renowned digital payment provider PayPal.

Based on our extensive experience of reviewing online brokers, we can say with confidence that online brokers typically offer customers the possibility of a bank wire transfer, multiple digital payment methods as well as the option of using globally

Is FXMasterBot Scam ?

They designed their automated trading platform for the real forex and crypto traders.

The trading robot earned its popularity as the best automated-trading software in 2018.

Traders will find numerous positive reviews about FXMasterBot after they upgraded their service to make it safer for traders.

Comparing with other forex and crypto robots, there are a few things you will notice that makes this robot platform unique. Do not take our word for it; you can see by yourself.

No fake testimonial in their website
They do not promise any percentage at winning rate
No guarantees of performance results
No fake videos on trading results
All the trading algorithm is sophisticated

So traders, after reading our FXMasterBot Review, hopefully, you already understand why this Forex Robot is reliable, especially for beginners.

It has helped Thousands of Men and Women become masters in the trading field.

Those who are seeking for trusted Forex robot as their trading partner can try this signal generating platform.

December 16, 2018October 22, 2023

Option Robot Review: An Authentic Analysis For Option Robot Scam Check

Overall Rating

 4.5 Binoption

Option Robot Review- An Authentic Analysis For Option Robot Scam Check

Option Robot is an auto trading software comes with numerous advantages that help traders to trade the financial market smoothly.

We are here with an authentic analysis on Option Robot Review and to test its legitimacy.

There are many Automated Binary Options Trading software in the trading marketplace and this is one of the Best Binary Options Robot which has been running for a long time with its own trading strategies, rules, and regulations.

The Option Robot automated trading software still holds a remarkable and trusted reputation for traders looking to trade using binary options. If traders trade Binary Option without knowing proper strategies, it will result in losses. Proper trading strategies help traders to earn maximum profit in minimum time.

Option Robot is the 100% automated trading software for binary option as per their claim in their official website.

Binary Trading on Crypto assets is also accepted by this Robot software. Although, you will not able to find this information from their website.

They are partnered with a couple of Forex and Cryptocurrency Trading Platforms.

Moreover, if you are interested to trade CFDs (Contract For Difference), then you can trade with Forex Robot which is another associate platform of Option Robot.

If you are into trading binary options, currency trading, or cryptocurrency and wondering how to start and who to trust, the answer is quite simple: be a part of Option Robot Auto Trading Software.

So, before starting your trading through Option Robot, I will suggest you go through this article at least once.

Option Robot Review – Auto Trading Robot

High Capital Risk Is Involved In Financial Trading

Option Robot is a legitimate auto trading platform for binary options. They started their journey in 2014 with their proprietary platform.

It came up with new updates in 2015. In 2017 this was one of the top 3 automated trading systems for the binary options industry and even now this is popular in the trading market.

You can say that this product or platform stands out from other products in the market. This trading platform offers 3 trading systems as well as 6 indicators.

We will describe all these parts in the middle of this review article. You must have an active internet connection and your web browser open for the robot to work.

Option Robot introduced itself with various handful features. Their Demo Account facilities are not available at this moment. Option Robot will work with your ideas to meet your goals.

This 100% automated trading software has a broker list compatible for all traders. Traders will find a list of currencies pairs and cryptocurrencies based on broker selection which are acceptable by Option Robot.

Traders also can find the minimum deposited amount, requirements and a lot of information through Option Robot site.

This information is crucial for anyone who is looking to trade through this platform and not many trading platforms have this option.

It not one among the usual scam signs that you would have come across all these days.

Why Option Robot

Minimum Deposited amount $250
Invest Per Trade $10
Maximum Trade $10
Winning rate of 83%
Simultaneous Trades: Minimum 1 and Maximum 10
Signals Time Frame: 60 Seconds, 5 Minutes, 10 Minutes, 15 Minutes, 30 Minutes,60 Minutes, 4 Hour and 1 Day
Compatible and trustworthy Brokers

Compatible and trustworthy Brokers
Accepted for UK residents
Available mobile trading
A broker can be selected by the trader instead of auto allocation
Traders have control over the platform
Profitable 3 money management system
Nicely laid out platform for traders
Six Trading indicators and algorithm

Trading binary options carry high risk and this trade is not even suitable for all traders.

The robot works for traders to minimize the trading risk.

The result can vary based on many conditions, so before trading keep your emotion aside.

By the help of this auto trading software, traders can trade without holding any auto trading experience.

Login and Sign Up Process

Step-1:

Registering for an account is for free.

To begin the sign-up or registration process you need to click the “VISIT OFFICIAL WEBSITE” button below.

The “Option Robot” official home page will open.

High Capital Risk Is Involved In Financial Trading

Step-2:

After opening the main homepage of Option robot, you will find two option on the right side of the home page.

One is indicating the LOGIN and another one is indicating the OPEN ACCOUNT.

If you already opened your account with Option Robot then you will simply click on the “Log in” button.

To create a new account you have to click on “OPEN ACCOUNT” button.

Step-3:

After clicking the “OPEN ACCOUNT”, a new page will open and you will find a form where you have to fill your personal information.

You have to put your First and Last name along with your email and contact details.

Before clicking on the SIGN UP button you must agree with terms and conditions giving by the Option Robot authority.

Step-4:

After login, you will get a compatible broker’s list.

This is mandatory to know that, the broker will vary county to country.
You can open an account with your desire broker simply giving your existing Email and password.

That means you don’t need to create a new password for each and every broker.
You can Log in with multiple brokers at the same time but to perform trade you have to choose one broker.

You can switch from one broker to another broker for trading.

As the Demo option is not available now, so to start the Auto-trading you have to deposit the minimum amount of $250.

After depositing the amount you are ready to trade with Option Robot.

Demo Account and Advantages

Demo Account will allow you to test the platform even before any financial or bank details are shared.

In the marketplace, there are many trading robots that are available.

Out of all the scams if this robot is a genuine one, then its features are meant to showcase the same.

With a demo account, you can practice all the features and how this robot software works.

Practicing on a demo account can reduce mistakes because through demo account traders will understand how the whole system works perfectly.

Traders will find exactly the same signals and be set in Demo Account available in the “Real Money Mode”.

The main two differences between the Real account and the Demo account are –

Difference: 1

In Real Account, the percentage of the payout will always fluctuate depending on the broker’s current return percentage for each pair and expiry time. Where in Demo Account there is no fluctuation in payout percentage.

Difference: 2

In a Real Account, the price feed comes directly from your linked broker account and this is not available in the Demo Account.

In the home page of this trading site, there is a screenshot of a demo account.

But Option Robot has deactivated the demo account for now. They closed their facilities after hearing negative reviews from different traders.

Trader’s claim was not to have any similarity between the Option Robot Demoaccount and the real account.

But, few of their supported brokers are giving demo facilities.

If traders want, they can open an account from them and practice trading.

But our recommendation is that Option Robot should provide a demo account again because at least traders can get knowledge of the whole system and how to use the system by practicing with a demo account.

CFD Trading By Option Robot

We already know that Option Robot is providing auto trade for binary options, so you can’t trade CFDs directly through Option Robot.

But if someone wants to trade CFD, then they can trade through ForexRobot, an associate auto trading platform of Option Robot.

You can read this Forex Robot Review for getting more knowledge.

You can use the same trading indicators to produce the same signals but use one or both instruments to place a trade on an underlying asset like a forex pair.

Some of Forex Robot features to trade CFDs are:

You can trade on the difference in price at the time the contract was open and closed.

You can trade with leverage allowing you to trade with more money than you have.

You can also set a “Stop-Loss”, “Take Profit” and “Leverage Multiplier” to suit your trading appetite.

You can also trade cryptocurrencies.

No fixed expiry times.

Weekend trading with Cryptocurrencies.

High Capital Risk Is Involved In Financial Trading

Supported Brokers

Yes, just as mentioned above, it was quite impressive to see how traders have the option to choose brokers from the available list.

This gives an additional opportunity for traders to choose brokers according to their needs and wants.

Having that extra information about your broker who you are trading through will definitely make you feel more comfortable with the money you have invested.

At the end of the day, it is the hard earned money of yours that has to be taken into consideration while comparing other benefits offered.

On the signup form, you must choose one of the compatible brokers to perform your trading.

Keep one thing in your mind that, you cannot use your existing broker account with Option Robot.

Only new accounts made via Option Robot are eligible.

Option Robot is able to work with these following Brokers.

After analyzing these brokers we found that Option robot also works for Cryptocurrency and CFD (By Forex Robot).

Please note that all brokers are not supported for every region.

CAPITAL TRADERS

CAPITAL TRADERS broker established their business from 2017.

They have their proprietary trading platform.

They have 6 account types to perform the trade.

The minimum deposited amount is $250 and the minimum withdrawal amount is $50.

Minimum trade size is from $5.

They are providing Cryptocurrency and ICO.

Withdrawal Info –

E-Wallet: (3-7) Days
Credit/Debit Cards: (3-7) Days
Bank Transfer: (3-7) Days
Deposit/Withdrawal Methods: Bank Wire, Credit/Debit Cards, Paysafecard, Skrill, Neteller, Qiwi, Yandex Money.

24 OPTION

24 Option broker established their business from 2009.

They use Meta Trader 4 and Web Trader as their trading platform.

Demo account is not available to practice trading.

The minimum deposited amount is $250.

There is no minimum withdrawal amount.

You can perform the trade in Metatrader 4.

They are offering Crypto assets.

Withdrawal Info –

E-Wallet: (3-7) Days
Credit/Debit Cards: (3-7) Days
Bank Transfer: (3-7) Days
Deposit/Withdrawal Methods: Bank Wire, Credit/Debit Cards, WebMoney, Skrill, Neteller

KONTOFX

KONTOFX broker established their business from 2018.

They have their proprietary trading platform.

Demo account is also available to practice trading.

The minimum deposited amount is $250.

Three account types are available in KONTOFX.

They are offering crypto assets for their traders.

Withdrawal Info –

E-Wallet: (3-4) Days
Credit/Debit Cards: (3-4) Days
Bank Transfer: (3-6) Days
Deposit/Withdrawal Methods: Visa, MasterCard, Maestro, Wire Transfer.

TRADE TORO

TRADE TORO broker established their business from 2018.

They use Trader Soft as their trading platform.

The minimum deposited amount is $500.

They are offering five types of trading accounts.

There is no minimum amount for withdrawal.

They are offering crypto assets for their traders.

Withdrawal Info –

E-Wallet: (3-4) Days
Credit/Debit Cards: (3-5) Days
Bank Transfer: (3-10) Days
Deposit/Withdrawal Methods: Bank Wire, Credit/Debit Cards, Neteller, Skrill.

GFC INVESTMENT

GFC INVESTMENT broker established their business from 2012.

Demo account is not available to practice trading.

The minimum deposited amount is $250.

The minimum investment is $25.

There are 5 types of trading account.

The minimum withdrawal amount is $100.

They are offering Crypto assets and Forex currency.

This is a web-based platform so no need to download software.

Withdrawal Info –

E-Wallet: (5-10) Days
Credit/Debit Cards: (7-10) Days
Bank Transfer: (7-10) Days
Deposit/Withdrawal Methods: Bank Wire, Master Card, Credit/Debit Cards, WebMoney, Skrill, Neteller.

BRIGHTER TRADE

BRIGHTER TRADE broker established their business in 2018.

Demo account is not available to practice trading.

The minimum deposited amount is $250.

Minimum withdrawal is $100.

They are using a TraderSoft platform to perform trading.

They are offering cryptocurrency assets and also forex assets.

Withdrawal Info –

E-Wallet: (5-10) Days
Credit/Debit Cards: (7-10) Days
Bank Transfer: (7-10) Days
Deposit/Withdrawal Methods: Bank Wire, Credit/Debit Cards, Neteller, Skrill.

4XFX

4XFX is a trading broker offers Cryptocurrency and Forex trading assets.

You can perform trade with 3 different platforms; Webtrader, MT4 or on-the-go from the mobile app.

The minimum deposit amount is $250.

The minimum amount of withdrawal via a wire transfer is 3 000 EUR.

Withdrawal Info –

Deposit/Withdrawal Methods: Bank Wire, Master Card, Credit/Debit Cards, E-Wallets, Crypto Wallet.

BROKERZ

BROKERZ was started their business in 2013. You can choose your Forex pairs to perform trade.

This trading broker offers easy and user-friendly platform.

You can perform trade by using MetaTrader4 and WebTrader. Mobile trading is also available.

The minimum deposit amount is $250.

You can use demo account if broker allows this option.

Withdrawal Info –

Deposit/Withdrawal Methods: Bank Wire, Credit/Debit Cards, Bitcoin, Secure Virtual Credit Card, AstroPay Streamline.

In Bank Wire Transfer it will take 2-7 business days depending on the banks geographic location.

TRADERUR

TRADERUR is a broker that offers forex and CFD trading for their traders.

You can trade with your favourite forex pair in this broker platform.

The minimum deposit amount is $250.

The minimum Withdrawal amount is $100.

Deposit/Withdrawal Methods: credit cards (Mastercard, Visa), E-Wallet (Skrill, EFT) and Wire Transfer.

INVESTOUS

INVESTOUS is a regulated and licensed CFD broker. It is regulated by the Cyprus Securities Exchange Commission (CySEC) with a CIF licence number of 267/15.

You can trade with Forex and Cryptocurrency assets by using this trading platform.

The minimum deposit amount is $250.

You can deposit and withdraw your money through Wire transfer, Credit Cards, and Online money payment like Skrill.

Funding through wire could take 2-3 days.

UPROFX

UPROFX is a Forex broker. You can perform your currency trading with the help of this broker platform.

The minimum deposit amount is $250. For wire transfer, the minimum amount for deposit is 500 EUR/GBP.

It will take 5-10 business days to withdraw your money.

UproFX offers different methods for depositing funds: Visa, MasterCard, Maestro, Wire Transfer.

WISE BANC

WISE BANC is a Forex broker with more than 200 assets. The platform is easy to use and you can trade world’s biggest assets like EUR, USD.

The minimum deposit amount is $250.

You can choose from a variety of deposit methods. The most popular being the Credit/ Debit Card deposit, through Visa or a Mastercard.

You can also choose to credit your account using one of the following:

Alternative deposit methods (Entropay Virtual Card, Neteller, BPay)
Bitcoin transfer (BitSend)
Wire Transfer

With wire transfer it will take 10 business days for the funds to appear in your Wise Banc account

VIVO TRADER

VIVO TRADER is a Cryptocurrency trading platform. You can even create your own digital currency portfolio.

The minimum deposit amount is $250.

You can deposit your amount with

Credit or Debit Card.
Wire Transfer.

High Capital Risk Is Involved In Financial Trading

Option Robot Trading Method

Option Robot has 3 money management systems which you can set while performs trading.

We are going to offer a short explanation of these money management systems below:

Classic System:

This is the safest and most secure method for performing the trade. This method is most suitable for novice traders. Traders who do not want to invest a large amount of money can choose this method. On the other hand, it can be considered the least risky method for a newbie.

Martingale System:

Martingale system will allow traders to earn profit faster but at the same time hold the highest risk. Each pair has an independent martingale sequence. This method is suitable for those traders who want to win big trades within a short period of time.

Fibonacci System:

The Fibonacci system is considered as the most accurate system where trader’s trade size will change depending on the win and loss sequence. This system gives the trader the opportunity to win big but also carries the risk of bigger losses.

Trading Indicators and Algorithm

Option Robot has six indicators. Traders can choose their preferred indicators.

You can leave all indicators running at the same time or deactivate few from these.

If multiple indicators are selected at the same time, a signal is only generated when both satisfy each individual algorithm respectively.

The indicators are –

TREND:

These indicators look all over the market trends. It will search for the current trend of the market. Traders get confused sometimes whether to select the put option or call option. The Robot will determine this via the Trend Indicator.

MACD:

Often used as a compliment to the TREND indicator, the MACD measures differences between 2 moving averages. Plotting them against history, forecasts can be made. MACD stands for Moving Average Convergence Divergence.

RSI:

This indicator stands for Relative Strength Index. Simply put, when prices get too high, the majority will sell and when prices are cheap, people will buy. Following the people’s systems is usually profitable. This indicator can also identify the general market trend.

The RSI indicator follows a simple formula:
RSI = 100 – [100 / (1+ Average of Upward Price Change / Average of Downward Price

STOCH:

The system follows both the speed and momentum of market conditions and determines trades based on these factors. The calculation time for this indicator is 14 days. This indicator used for measuring either the crypto is overbought or oversold.

WILLIAMS:

The Williams indicator is what I would call an RSI indicator simplified. It grabs extreme over or undersold areas and attacks them, normally in short positions.

The indicator follows a straight forward calculation being:
%R = (Highest High – Closing Price) / (Highest High – Lowest Low) x -100

CCI:

The Commodity Channel Index is actually one of my favorite indicators. It bases everything off a given average over a length of time and uses that average to determine trends. The indicators may change positively or negatively depending on the price movement. You cannot use this indicator all alone; you need to combine this indicator with other technical indicators.

Option Robot Settings

Now we are going to show you some secret after analyzing this robot and also after performing several trades which has already proven to be successful several times.

Here are the Option Robot best settings for guaranteed profits depending on your starting balance and also a trading strategy –

Settings 1

Balance $250 – $1000
Method: Classic
Expiry: 60 sec- 5 min or 30 min
Trade Amount: $20
Max Simultaneous Trade: 1
Indicators: 1 only (prefer RSI or MACD)

Settings 2

Balance $1000 – $5000
Method: Fibonacci
Expiry: 5min or 30 min
Trade Amount: $25 – $50
Max Simultaneous Trade: 2 – 5
Indicators: 1 only (prefer RSI or MACD)

Settings 3

Balance $5000+
Method: Martingale
Expiry: 60 sec or 5 min
Trade Amount: $50 – $500
Max Simultaneous Trade: 3 – 8
Indicators: 1 only (prefer RSI or Trend)

Option Robot Best settings

There are multiple settings available in this automated robot.

All settings are giving excellent results.

But Option Robot is suggesting the best setting for their traders.

According to them, Option Robot Best Settings are –

Option Robot Best Settings

Risk- Medium

Indicators- TREND-MACD-RSI

Max Trades- 2

High Capital Risk Is Involved In Financial Trading

Trading Assets

Option Robot works with currency pairs.

Traders can select their given currency pairs.

Besides this, they also accept Cryptocurrency assets.

The choice can be one of the pairs or can be more than one or can be all of them which I will mention below:

EUR/USD
USD/CAD
EUR/JPY
EUR/GBP
GBP/USD
USD/CHF
USD/JPY
AUD/USD

There are also many assets which they are providing according to brokers.

Some brokers accept cryptocurrency and some accept CFD while some brokers accept both.

In their main website, they gave only Forex currency pairs List.

After login in their robot section, you will get a complete assets list after selecting the broker.

Trading Expire Time and Simultaneous Trade

The trader can choose what expiry times this Option Robot auto trading system will use for generating signals.

The choices are 60 seconds, 5 minutes, 10 minutes, 15 minutes, 30 minutes, 1 hour, 4 hours and 1 day.

Different brokers have various available expiry times.

The trader can also set the robot on how many simultaneous trades can run at any given time.
This can be set from 1 to 10.

Complete Overview On Option Robot Settings, Dashboard and Use

Option Robot Mobile Trading

Option Robot is legal browser-based software.

If you want then you can trade with tablets and mobile devices.

So, this is really helpful for those traders like me, who love to travel and also love to trade.

I already mentioned before that, active internet connection is needed to perform your trade. You cannot work by sitting offline.

This Option Robot is Mobile compatible.

There is no IOS and Android application for Mobile device.

You can directly trade via a mobile browser.

Option Robot is also compatible with all devices or operating systems.

High Capital Risk Is Involved In Financial Trading

Simple Withdrawal Options

Apart from keeping everything so simple, withdrawal of your money is also as simple as fund transfer.

The broker will directly transfer funds to your bank account as and when you raise the withdrawal request.

You can withdraw your profit at any stage by clicking the “Withdraw” button within the Robot Trading Platform.

From there you will be taken to your linked broker account withdrawal page.

Follow the withdrawal instructions which I mentioned in the broker’s information.

You will find their withdrawal methods in that list.

And another option used is Neteller prepaid credit card- this is used by those who do not want to pay tax.

This card has a Master Card flag and thus can be used all over the world.

This looks to be a good binary options auto trading platform or probably the best one that we have ever come across.

This gives a lot of control to traders and thus the confidence level on the platform is high.

Things are in our control and can be used in the right way according to various needs.

Customer Support and Live Chat

Option Robot customer care support always care about their traders.

They take feedback from their traders if they are satisfied or not.

Option Robot’s Free Account is a true testament for all traders.

When you will visit Option Robot website, then you will get a pop up Live Chat window of Facebook Messenger where you can chat via your Facebook account.

You can easily ask your questions.

The chat system is available for 24 hours and you will get replied immediately.

You can also query them via their email address.

The platform also offers a detailed FAQ section as well as a blog which can be used as a trader’s resource.

Advantages and Disadvantages

Already we have given a detailed explanation in our Option Robot Review where you can see there are many advantages as well as some disadvantages of this auto trading software.

Here we are giving key advantages and disadvantages of Option Robot and it will help to make your decision perfect –

Advantages:

Option Robot is Free to use. The only requirement is an active internet connection.
You can open a free account and trade will start after depositing money.
6 powerful indicators with 3 Money management Systems.
Excellent live chat support with customer care facilities.
Easy to customized the trading platform.
Browser based software so do not need to download in your trading device.

Disadvantages:

Some claims that the Option Robot has unrealistic return through demo account. This return does not match with the Real Account. So that, they deactivated their demo account version for traders. But we think that demo account is helpful for any traders and anyone can get proper knowledge on the platform by practicing with demo account.

Option Robot Software allows a limited number of Forex Currency Pairs, Cryptocurrency and CFD for trading Binary Options but sometimes traders interested to trade other assets. Though Cryptocurrency and CFD brokers are also available but failed to get any information through the website.

How to Use Option Robot (Tips and Tricks)

Some traders objection is that they are losing their investment through the auto trading robot.

Yes, we know that there are many scam robots in the market. But sometimes, traders also make mistakes while trading with auto trading software.

We are going to provide some guides and tips for reducing your risk when you use the auto trading software –

Do not over-rely on Auto Trading Software
Fundamental analysis is needed before entering into the trading market
Avoid investing in a neutral market
Try to invest in Low volatility FOREX currency pairs
Avoid opening multiple trades at the same time
Invest low before taking a huge risk
Always test before executing any new trading strategy
Choose your trading system depending on your strategy and risk management system

Is Option Robot Scam or Legit site?

What makes the Option Robot stand out? The answer is simple- The Legitimacy of this site.

This is not one among the usual scam signs that you would come across all these days. Sometimes Option Robot is indicated as a scam because of the lack of information regarding past trading history, assets and so on.

After doing research we can conclude with a big “NO” because Option Robot does not show any fraudulent activities. They have been around more than 3 years.

We really liked their transparency. The same Robot works differently for different brokers.

Some traders win rate is high and some lose their money. The trading robot works depending on your trading strategy, trading time, tools and indicators.

As I mentioned before, don’t rely much on the auto trading platform.

Keep balance both of your trading robot and trading education. Apply your strategy rather than copying others without any knowledge.

Conclusion

After doing backtesting for a long time and investigation, we can conclude, this platform is rated 4.5 out of 5 for its flexibility, ease of use, transparency, level of control and other attractive options.

It is ideal for both novice and experienced traders.

It’s time to start trading successfully through genuine platforms irrespective of how good you are in binary options trading.

Click the link below now and start experiencing all the above-mentioned features!

December 15, 2018October 15, 2019

Crypto Robot Review: Is this automated trading robot a scam?

Overall Rating

 4 Binoption

Crypto Robot Review: This Crypto Trading Robot Trusted For Beginners?

It becomes compulsory for traders like you and me to go through reviews of trading robots before investing due to the increased number of scam companies today.

Our job is to investigate such robots and test their claims.

This is the purpose of writing this Crypto Robot Review

Trading robots make our trading easier and save time and effort. But if that robot doesn’t deliver as promised, then all our efforts go in vain.

Is Crypto Robot a legit trading robot that will bring you profits or is it a scam?

Let’s find out in this review.

Crypto Robot Review: What is Crypto Robot?

High Capital Risk Is Involved In Financial Trading

Crypto Robot is an automated trading software that sends you trending signals of major crypto and forex CFDs.

You can trade manually or let Crypto Robot do all the work for you while you sit back and relax.

If you are wondering what an automated trading system is, it is a trading software developed by software engineers where the trading instructions are based on algorithms.

These algorithms are developed based on recommendations and instructions by financial advisors.

Crypto Robot was released on January 2018 and since then has attracted all kinds of traders.

This trading robot is the associate auto trading platform of the famous Option Robot.

Option Robot provides binary options auto trading whereas Crypto Robot provides auto trading on Forex and Cryptocurrency assets.

You can read this Option Robot Review for better understanding.

Automated trading and cryptocurrencies are both the most hyped and anticipated entity in the financial world.

This is why Crypto Robot has gained popularity rapidly as it combines both these into one.

Crypto Robot doesn’t have a broker of their own but instead, they are partnered with over 10 brokers that you can choose from.

Their platform is web-based, so you don’t have to download any separate software or app to trade.

Although Crypto Robot is an automated trading system, you can trade manually if you wish to do so.

Why choose Crypto Robot?

Crypto Robot is amongst one of the hundred automated trading systems that exist today.

So why should you make it your preferred choice of trading? Find out its unique features below:

Multiple automated trading methods
Multiple trading indicators
12 popular brokers to choose from
Trade both manually and automatically
Over 25 forex pairs and 9 cryptocurrencies
Manage up to 8 simultaneous trades
Multiple signal timeframes
A minimum deposit fee of $250
Trade cryptos as CFD’s and enjoy leverage
An easy account creation process
Up to 300:1 leverage for forex pairs and 15:1 for cryptos.
Fast and reliable web platform

Crypto Robot Sign-up and Login

The sign-up process for Crypto Robot is very simple and takes only a few minutes.

Step 1:

First of all visit their official website from the below link.
To do that, click on the ‘VISIT OFFICIAL WEBSITE’ button to get started.

High Capital Risk Is Involved In Financial Trading

Step-2:

Click on the ‘Open Account’ button to start your sign-up process. If you already have an account, click on the ‘Login’ button to enter into your account.

Step-3:

When you enter the open account form, enter the necessary information such as your first name, last name, email address, password, and mobile number in the sign-up form. Make sure to check the box asking you to agree on the terms and conditions

Step-4:

After logging in to your account, you will be designated a broker depending on your broker. If you wish to change or add a broker, you can do so by click on the ‘open account’ of your desired broker. You can switch from broker to broker as well.

Crypto Robot Asset Index

Crypto Robot mainly offers cryptocurrencies and forex pairs for trading.

You can trade these assets as CFDs so you can go long or short depending on the market conditions. Here are the popular assets Crypto Robot provides to its traders:

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Forex Pairs

EUR/AUD, EUR/USD, EUR/CAD, EUR/GBP, EUR/JPY, AUD/USD, AUD/NZD, AUD/JPY, USD/CHF, USD/CAD, USD/JPY, GBP/JPY, GBP/USD, GBP/CAD, GBP/AUD, CHF/JPY

Cryptocurrencies

Bitcoin, Ripple, Ethereum, Bitcoin Cash, Bitcoin Cash, Monero, Stellar, Litecoin, Dash, Zcash

High Capital Risk Is Involved In Financial Trading

Crypto Robot Supported Brokers

Crypto Robot does not directly deal with the traders.

They are partnered with many brokers and you link your Crypto Robot account with the one you prefer.

Note that, not all the brokers will be available at your disposal.

Depending on where you live, you will be displayed a list of brokers.

Let’s briefly discuss some of the brokers that are partnered with Crypto Robot.

High Capital Risk Is Involved In Financial Trading

Crypto Robot Trading Platform

Crypto Robot’s trading platform is web-based.

This makes it convenient for many traders as they can manage everything from their website.

The platform is simple and easy to use.

For beginner traders, the simplicity is important as too much information or cluttering of information might make them feel intimidated.

However, advanced traders may feel the platform is a bit underwhelming to use. Let’s go through the features of this platform.

When you log in to your Crypto Robot account, you will be redirected to their trading platform.

You will get a popup asking you to deposit funds to start trading.

You need to deposit a minimum of $250 to start trading. Once you have done that, you can start trading.

The first thing you will notice is the choice of either auto trading or manual trading.

With auto trading, you are not taking decisions on what assets to trade.

You leave that on the auto trader.

The two things you will be asked initially are to specify the investment per trade and the profit per investment.

As for currencies that you can auto-trade, you get to choose from Bitcoin, Dash, Ethereum, Litecoin, Ripple, BCH/BTC, and BTC/EUR.

After you have configured these settings, the auto trading will start and you can sit back and relax.

You can also trade manually if that’s your choice.

But that defeats the whole purpose of using a trading robot.

There is a market chart displaying the live price feed of the asset you choose.

It is displayed in candlesticks and there is no way to change that. We would have liked at least bar charts or line charts as alternate ways to display the market feed.

You can customize the time interval from one minute to 24 hours.

On the top of the market feed, you have the ‘sell’ button in red and the ‘buy’ button in green.

High Capital Risk Is Involved In Financial Trading

Crypto Robot Settings

There is an advanced setting menu where you can further customize the auto-trader settings to suit your needs.

The investment per trade depends on the risk level and the maximum number of trades you choose.

There are three risk levels you can choose from: low, medium, and high.

The maximum number of trades starts from 1 and up to 10.

In low risk settings, the minimum investment per trade is $150, in medium risk settings, it $100, and in high-risk settings, it is $50.

Profit per investment can be adjusted according to your needs.

The other settings include selecting the signal interval ranging from a minute to a day.

Between indicators, you can choose from trend, MACD, RSI, CCI, and STOCH.

Let’s explain about these indicators in brief:

Trend

Bar chart signals make it hard to separate the trend from the other clutter. Trend indicators help to predict the movement of the trend and measure that movement. In the case of trading cryptos, it becomes extremely important to use multiple trends for forecasting the best possible result due to the high volatility of the cryptocurrencies.

MACD

MACD stands for Moving Average Convergence/Divergence Oscillator. It was developed by Gerald Appel in the late 70’s and is considered to be the most popular and widely-used indicator due to its simplicity. MACD offers trend following and momentum by subtracting the longer moving average from the shorter moving average.

RSI

RSI stands for Relative Strength Index. It was developed by J.Welles Wilder. Basically, it is a momentum indicator where the recent prize changes are measured and compared. And from this data, you can identify the overbought and oversold conditions.

CCI

CCI stands for Commodity Chanel Index This indicator was developed by Donald Lambert. It is a multi-purpose indicator but mainly used to identify new trends. This indicator was developed for commodities but can also be used for forex pairs. In this indicator, the current price of an asset is compared with the average price of the asset over a certain period of time.

STOCH

The STOCH is short for Stochastic Oscillator. The STOCH indicator was developed by George C. Lane in the late 1950s. It is a momentum-based indicator that compares the closing price of an asset to its range of prices over a set period of time. The time period for this indicator is usually 14 days. The bullish and bearish divergences can be used to predict reversals.

Crypto Robot Trading Methods

There are 3 main types of trading methods available for auto trading on Crypto Robot.

Each of these has its pros and cons. We will discuss these indicators in brief:

The Classic Method

This method is considered as the safest method of auto-trading. Here, the risks level is negligible and hence the profits or losses are small. The trade amounts are the same. It will take time for the traders to rake in profits but it also prevents losses.

The Martingale Method

The Martingale method is generally meant for the get-rich-quick type of traders. It is for traders who are willing to take big risks in return for bigger profits. Keep in mind that the losses are also magnified in case you the market moves against your position.

The Fibonacci Method

The Fibonacci method is the sophisticated one amongst the three methods. It is also the most accurate method between the three. It focuses on precision and accuracy. It achieves this by taking your past trades into the factor.

Crypto Robot Demo Trading

Crypto Robot used to feature a demo to its users but currently, it has discontinued this service.

This may discourage some traders who want to try out the robot before investing their money into it.

The importance of a demo account is known to all of us.

It helps beginner traders to practice trading and learn new strategies.

Experienced and knowledgeable traders can try out different strategies to see what works best for them.

We hope Crypto Robot brings their demo trading back in the near future.

Crypto Robot Mobile Trading

Crypto Robot has partnered with different brokers where you can deposit, withdraw, and trade.

Almost all the brokers Crypto Robot has partnered with offers mobile trading to its users.

However, Crypto Robot doesn’t have a mobile application of its own but their auto trading platform is mobile compatible where anyone can trade from any mobile device, you just need the internet connection.

High Capital Risk Is Involved In Financial Trading

Crypto Robot Minimum Deposit

The minimum deposit depends on the broker you chose from the list of partnered brokers.

We have listed the minimum deposit of each broker in the table below.

Partnered Broker	Minimum Deposit
Roiteks	$250
Ashford Investments	$250
Opteck	$250
Greenfields Capital	$250
Olsson Capital	$250
CFDs100	$250
VEMarkets	$250
Brighter Trade	$250
KayaFX	$250
Capital Traders	$250
MilleniumFX	$250
eMarketsTrade	$2500

Crypto Robot Withdrawal

Just like deposits, the withdrawal process depends on the broker that you’ve decided to trade with.

Most brokers offer multiple transaction methods such as Credit cards, wire transfer, Neteller, Skrill, and many others.

Depending on your bank and the transaction method, the withdrawal process can take 1-7 working days.

Final Verdict: Is Crypto Robot A Scam?

If you look for Crypto Robot reviews, you will find mixed reactions from traders.

Some say, it has been the best investment they have made while others have not benefited from it.

Few complaints were related to withdrawal but that depends entirely on the broker.

We don’t think it is a scam as trading robots are ultimately a software and no software is completely error or bug-free.

September 16, 2017October 15, 2019

Forex Robot Plus Review: To Clarify Where It Is Scam App!

Overall Rating

 1 Binoption

Forex Robot Plus Review: To Clarify Where It Is Scam App!

Last couple of months, we closely monitored binary options auto trading robot software's activity. After getting feedback from different traders and through our research, we are still confused about its scam activities. However, we will give you a warning sign of a scam on this binary robot software after considering all things. We are suggesting you not to invest hard earned money in this trading robot. As we always try to give an honest review and also think about trader's benefits. Instead of this robot, you can automated your trade via Forex Robot

If you are searching for a legitimate Forex Robot Plus Review then you are in the right spot.

Forex Robot Plus is a platform that you will come across when you search online for Forex Robot or signals.

With so many options out there in the market a new or less experienced trader would find it difficult to choose one among many.

Forex Robot Plus is a free online service that opened in March 2017 can trade automatically Forex and Cryptocurrency directly on your broker account.

Traders do not need to download anything or even be online when trading.

Everything is running from their secure data center that are connected directly to all available brokers.

Forex Robot Plus was developed by few professionals whom were doing Forex trading in the currency market for a long time.

They put their trading knowledge and also strategies into this software.

It is a platform for both professional and budding traders.

Forex Robot Plus Review

High Capital Risk Is Involved In Financial Trading

Forex Robot Plus review will help you to know most general information about the auto trading software.

Even this Forex trading software will completely help you to do trade on autopilot.

The good news is that, this software is accepted by all countries including US traders.

Your trading experience with this software will help you to familiar with other features that you can use later.

If you are an ambitious trader then this Forex auto trading software is for you.

Traders can control the trading settings from the personal dashboard.

You can pick the leverage.

You can also set the take profit amount and also can select the trading amount.

When the signal provider sends a signal to Forex Robot Plus they also include a take profit.

If the take profit provided by the signal provider does not match your setting for the traded asset, Forex Robot Plus will always use the lowest take profit of the two.

The reason for this is that if the signal provider doesn’t believe a trade will reach a certain rate, he can set a lower take profit, to increase your chance of profiting on the trade.

Benefits of Forex Robot Plus:

100% automated trading even you are not in online
Advance and Secure trading
User Friendly interface
Trusted Brokers
No Download required
Platform is available to use in all device
Free auto trading system with free signals from pro traders
24/7 customer support with free live chat
Multiple brokers integrated
Average win rate is 86% on low and medium signals where 60-65% on moderate and high signals
“Take- Profit” range is from 25%-250% depending on the asset

Forex Robot Plus Features:

The software is completely new to the market and a profit making system.

There are some features which are available on Forex Robot Plus Platform:

• Trade Options: This auto trading software will help you to set up your trade amount, maximum daily trade. This is the place where you can set stop- loss to reduce your monetary risk. Reverse trading is also available in this software

• Asset Options: In this asset option sector, you can choose which asset you want to trade on. The number of available asset depends on broker to broker. You can also activate multiple brokers to grave these advantages. Even cryptocurrency assets are also available as present trend.

• Risk Level: Risk is involved if you want to trade. This is the platform where you can select a robot to use all signals or few signals.

• Signal Time Frame: You can select the signal time frame based on expiry time. You can trade signal within these time frames 0-24 hours, 24 -48 hours, 48-72 hours or more than 72 hours.

• Managing Trade: Traders can also execute and manage their trades manually.

• Technical Analysis: This Forex Robot Plus offers full form of technical analysis. After analyzing, it provides results in the form of charts, indicators and exchange rates.

• Trading Solution: Forex Robot Plus is also providing smart solution by generating trading signals for opening and closing of each trade.

• Multiple Brokers: By the help of this auto trading software you can open multiple accounts directly from the overview page. You can apply different strategies as more brokers are connected in your account.

• Software Acceptance: This robot is working for all countries even in US.

Live Trading Result

High Capital Risk Is Involved In Financial Trading

How to Get Started

Forex Robot Plus is automated forex trading software that helps you to trade currency pairs.

You can start your trade after opening a free account.

When you will register with this forex robot signal, they will provide you with a compatible broker account with your country from trusted brokers.

Traders will not able to use their existing brokers account with their Forex Robot Plus.

The account opening is totally free but to start trading journey you have to deposit an amount to this newly created account.

The minimum deposited amount is $250.

After deposited the money, the auto trading software will start trading.

From broker settings panel you can adjust trading strategy and risk level.

Each broker account will be connected with Robot account.

In the account info section, you can find account information of a selected broker.

Traders can follow their broker’s account information as well as broker’s account ID.

In the trade option section, traders can setup their trading setting.

In the Signal providers section, you can choose which signal providers you want to follow.

The signal providers are working for:

Major Trader
Daily Trader
Conservative
Common Trader

You can follow this trader if you want.

Keep this on your mind that each signal provider trades on their own strategy.

You can even choose the asset which one you want to trade.

Currencies and Crypto-currencies both are available.

The number of available asset vary from broker to broker.

Available assets are – AUD/JPY, AUD/USD, EUR/USD, GBP/USD, USD/CHF, USD/CAD, DASH, BITCOIN, EHEREUM, LITECOIN, GOLD, Silver etc.

You can set your leverage, Investment and Take profit for each asset.

High Capital Risk Is Involved In Financial Trading

About Forex Robot Plus

Forex Robot Plus is software that enables traders to trade manually or through automated system.

The market rate is displayed in real time, analyzing market prices and trends from many other sources.

The Signals are fully automated – Making it easier which helps you move quickly on the signals.

The trader can choose the asset on which he would like to receive the signals and can also make his own choice, unlike other sites that automatically block you up with a broker allowing you with no choice of your own.

Traders can choose their risk level from this automated software.

Yes, this is cost free software and it provides automated signal.

The returns are up to 86% and it can be used by trader from all countries including USA.

Real-time market data is offered to its traders through the help of unique algorithm.

Though there is no charge for using it, it is worth for the premium services offered.

Though this software is very new but there are many traders who are making money from this signal platform and they are quite satisfied with their earning and the level of service offered by traders.

This software gives an option for the traders to choose their trading broker.

Traders cannot trade with their pre-selected brokers.

They need to choose from the brokers list which is provided by the Forex Robot Plus.

Those traders who are looking towards the burgeoning trend of interest in Crypto currencies, Forex Robot Plus also offers platforms for trading Bitcoin, Dash, ETC, Ethereum, Litecoin & Ripple.

High Capital Risk Is Involved In Financial Trading

Is Forex Robot Plus a scam?

Forex Robot Plus is a professional’s platform, the high level of service and legitimate features are the attractions for novice and experience trades.

After plenty of testing via real account and feedback of other traders, we are ready to say that this trading automated system is excellent.

Traders can control the whole process of trading if he wants.

As long as the services offered are genuine and legit in the eyes of law- there is nothing to worry about.

Many think not having a license is equal to scam but that is not true.

There are lots of platforms out there that are licensed and still have some loop holes through which people have lost their money.

Thus not having a license should no way be a decision making factor if you are looking to make use of Forex Robot Plus Forex auto trading service.

There is high chance of this being turned into a licensed platform shortly and talks are going around the same.

If everything is genuine, there is no reason why it should avoid licensing but the rates and charges will change once it’s licensed.

Thus be a part of Forex Robot Plus now to start enjoying the benefits at free of costs.

This is a complete software based signal platform that runs with a win rate of 86% or more.

This is also the only platform in the financial market that gives the option for the traders to choose the win rate.

The higher the win rate is, more will be the risk involved in the trades in which your money is invested.

Through this the profits will be high thus increasing the win rate.

Passive traders will choose the win up to 60% while active and traders who are ready to take high risk will choose 70-90% win rate!

After all research and feedback from other traders in our Forex Robot Plus Review, we can say that this Forex Trading Software is genuine.

February 27, 2017October 22, 2023

Binary Option Auto Trading Review: Combination Of Expert Scammers

Overall Rating

 0.5 Binoption

Binary Option Auto Trading Review: Combination Of Expert Scammers! - Updated 2019

We have got a few emails from traders for a couple of weeks. So, in this review, we are reporting the failure of Binary Option Auto Trading Software’s performance and its scam activities.

Read this review carefully, so that you can get all genuine information regarding this trading software. Interestingly, Auto Trading Software has some similarities and differences when we compare with one another for Best Binary Options Robot.

We have invested time and effort to deep dive into the performance, withdrawal, and support of this platform to understand how legit, reliable, and profit-making this is.

Thus, Binary Option Auto Trading is an interesting software, but we are not recommending it for our traders anymore.

At first glance, we will see the background of this trading bot.

What Is Binary Option Auto Trading

High Capital Risk Is Involved In Financial Trading

Binary Option Auto Trading platform is 100% automated. It is a free SAAS (Software As A Service) that lets you receive free Binary Options and Cryptocurrency Trading Signals from 3rd Parties.

Traders from all over the world including USA can trade with this trading software. This trading system is claiming that – behind this auto trading software, a group of expert and experienced traders are working with the best programmers.

The establishment date of this trading software is May 2016.

REALITY

They claim that a group of expert traders works behind this software. However, in reality, we failed to find out the background history of this trading robot. Even after opening the platform, you will find a video where a person named JERRY introduced himself as an experienced trader. Additionally, they don't give traders any information, or any last name to verify who the person is. Investment via online, it is essential to know whom you are dealing with. So, they are not transparent to their traders.

Benefits That They Claim

We got many benefits and interesting features of this automated trading software and they are –

100% trusted automated trading software
Secure and safe trading
You can set the trading limit
USA traders accepted
100% free signup
Minimum deposit 200 USD – 250 USD based on broker
Free VIP service

Minimum trade amount $10 – $25 based on broker
Daily Stop- Loss start from $10 to $500
Maximum daily trade 10
Work with regulated brokers
Average win rate of 86%
24/7 customer support facility
Variety of assets and time frames

REALITY

Yes, this is an automated software for binary traders. But the alarming fact is that you can't place a safe and secure trading order. Apart from 2-3 brokers, most of the brokers are not regulated. The interesting fact is that we failed to found the existence of a few brokers. You will never get supportive behavior from the customer support team. On the other hand, they do not offer any demo account. So, as a trader, you have to deposit real money to introduce yourself with the trading platform. The number of trading assets is very limited. There is no such thing as a VIP service.

A Better Option For You

As we said earlier, there are no real strategies, no real results available for Binary Option Auto Trading robot. It is important to check the background, whether it is automated trading software or a broker.

Depending on the software performance, legitimacy, and other factors, here are some safer alternative recommendations for all novice and experience levels traders.

So far, our recommended auto trading bots will not make you rich within a short time. But these bots will ensure you a safe trading platform with a standard return percentage.

The following trading robots have been tested by us and we recommend them for auto trading: BinBot Pro, Binary.com Auto trading Bot, and MT2 Trading.

Our Recommended Robots

$ 250 Minimum Deposit

Returns up to 90%
Demo Account: Yes
Profitability:300%

$ 5 Minimum Deposit

Returns up to 80%
Demo Account: Yes
Regulated & Trusted

$ 5 Minimum Deposit

Returns up to 85%
Demo Account: Yes
Fully Automated Bot

Explore The Fake Testimonial With Results

As per their claim, the trading system has a more or less 86% average winning rate on low and medium signals.

Additionally, you will get to see a testimonial from different traders with an image. Surprisingly, they are not real traders. We tried to find their identification on social media.

If you search on Google with this image, you will find them all over the place with different names.

The auto trading team created this fake testimonial with random peoples’ photos and fake names.

They say that –

“We are not perfect. Our robot also lose the trade sometimes.
So it is totally depends on yourself.”

After seeing the quote, you must be thinking that how reliable the platform is?

But this statement works as a honey trap for traders with bitter reality. After winning the first 2 or 3 trades, the performance will reverse, and you will lose all of your money.

In the Binary Option Auto Trading website, you will find total winning trades of the previous 72 trading hours. In reality, the trading result is a pre-build constant table.

You can also use the same result board on your website by using this pre-designed iframe that we mentioned below.

How Binary Option Auto Trading Software Scams People

Let’s know how this auto trading software works for its traders for trading binary options and cryptocurrency.

The trading platform offers a few lucrative features for traders. However, by showing those features, they attract people to scam their money.

We are going to describe their scam activities step by step below.

Trading Dashboard:

After opening your account in Binary Options Auto Trading software you will get a personalized dashboard.

In this dashboard, all trading settings will be available. For each broker, you will get an individual dashboard account form, where you can change your settings for each broker.

You can see your balance, open trades, profits, trading settings, trading status, etc. You can also update your broker’s password from the Dashboard.

REALITY

Supported Brokers:

We found 9 supported broker’s platforms on their website. From the main website, you have to click the “Reviews” button to see the full list of the broker.

You will find a short description of each broker with some features.

REALITY

Risk Level:

From the risk level section, you can control your trading risk.

There are four different risk levels and they are – low, medium, moderate, and high. These are indicating the confident level of traders as well as signal providers.

In the low-risk level, the robot will place a fewer amount of signals wherein the high-risk level you’ll get all signals.

REALITY

Signal Providers:

From the signal provider section, you can select the signal provider which you want to follow. Each signal provider has an individual trading strategy. There are seven signals provider and they are –

Euro Trader
US Trader
World Trader
Pro Trader James
Pro Trader Lennon
Pro Trader Lisa
Pro Trader Andre

By clicking the Active Button, you can get signals from your desired signal providers.

REALITY

We have tested all of them individually for measuring the signal performance. Most of the signals are not even semi-accurate for traders. Even more, we asked for the name of experienced traders. They deny to give us the name. Moreover, they don’t give us any insight into how each of these traders is approaching the markets. They have professional in-house scammers who deliver the signals along with some computer algorithms. So, you will never win your trade if you realy on them.

Scam On Deposit And Withdrawal

As we mentioned before, the minimum deposit $200, depending on the brokers. But, they encourage their traders to deposit $500 so that, they can easily do fraudulent activities with traders.

You can deposit money using various methods. It is quite easy to deposit money. Similarly, you will never withdraw profits from them.

Most of the time, they blocked the trader’s account to scam their money. They usually do the same things with affiliate marketers.

Poor Experience With Customer Supports

The binary options trading platform has supportive customer care support. Moreover, they are friendly in a professional manner.

You can contact with them via live chat. You will also find a form in their website. To contact with their support team, you have to fill a form with your problems.

As per their claim, the support team will contact you within a very short time.

REALITY

How They Make Money

This Binary Option Auto Trading software is popular among traders in terms of the highest scam activities. This trading bot makes money by following two methods.

Furthermore, this Binary Option Auto Trading bot makes money when traders lose their trade. Every time after placing a trade with Binary Option Auto Trading bot, you end up with zero profit. At that moment, the firm takes the money.

Another method is through commission feedback from supported brokers. For each signup, the company gets a percentage from brokers. It is the reason they forced traders to open more than one account with different brokers.

After winning trades, the software provider will receive no funds; and it is not a desirable situation for them. So, they make sure that at the end you will get nothing.

Our Experience With Binary Option Auto Trading Software- Updated 2020

Our team put an initial amount of $200 as per the request of the software. The minimum investment amount is $25. However, we found that a few brokers offer a small investment of $0.1.

Our compatible broker was BinaryCent. At first, we placed 2 trades by selecting low risk by activating 3 signals. Here, we lose one trade.

Again, we placed 2 trade by selecting medium level risk, and 4 trades with high-level risk. The outcome was not satisfactory. However, we ended up with no profits. We tried to contact with the support team but, we failed.

Moreover, we used to close 6-9 signals per day, and the platform was set for auto-pilot mode to understand how technically strong it works. Our overall trading experience through this platform was poor.

To understand their function more deeply, we deposit money for the second time. The deposited amount was $250. Our initial invested amount was $50 and we got nothing from that trade. And, once it started reaping profits, we tried to withdraw the rest principal amount of $200.

Lastly, we tried to contact their customer support regarding the withdrawal issue. But the support team gave us different excuses and blocked our account.

So, it is impossible to generate profits via the platform. Additionally, investing money on such a platform is worthless.

We also tried the recommended best setting for beginners. But in reality, the outcome was really poor.

Final Words

No wonder, we disagree with the statement that it is a highly profitable binary options auto trading software.

The level of investigation for this Binary Option Auto Trading Review conducted helps us to conclude, a group of scammers are actively operating this software to blow your account.