By starting this Binary Option Robot review, I think that over the past few years, we have seen a lot of automated trading robots launched on the market. But the sad part is that most of them turn out to be scams. Nowadays, it is quite difficult to find a binary option trading system that really works. A lot of traders have ended up losing all their investments in online bogus systems and this is the reason why auto-trading solutions have earned a bad name in the financial field. So is the Binary Option Robot also a scam program? If you are thinking about using this system, you must read my review first.
Product Name: Binary Option Robot
Binary Option Robot Overview
I didn’t know about the Binary Option Robot until its promotional campaigns went viral. When I searched for information about this system, I found mainly positive reviews. They went on and on how people were able to make money from it. The information that I found on the binary options software’s website also looked promising and convincing and this is what made me try it. I wanted to see for myself if it was a scam or not. From my personal experience, the Binary Option Robot is a legit software that has been designed to aid in the trading process. Traders can benefit very much from the system and the features it has to offer. The Binary Option Robot is an amazing tool which can greatly enhance your profitability. Just watch the tutorial video and get started!
Review Verdict: BOR is NOT a Scam
What is Actually the Binary Option Robot?
This is an automated online trading software that has the capability to execute binary options trades. The system generates live signals on the base of which it can perform all types of trading tasks. Based on complex algorithms and advanced technology, the software can process market and financial data quite quickly. It can scan the market and look for trends and patterns in the assets’ movement. When it generates signals, the investor can either perform the trading tasks manually or he could allow the robot to make deals. The software has specialized settings which can be customized. You can allow it to trade automatically or you can choose to trade manually.
This binary options trading robot is available in two versions. One is the Free Version and the other is the VIP version. Initially, I had to go with the Free one because the VIP couldn’t be purchased. Although it comes with more advanced features, you can get it only after you make referrals. Basically, you have to make more traders sign up for the Binary Option Robot. I did exactly that and when I referred one of my friends, I got upgraded to the free VIP status for two months. So the more friends you bring in to sign up for the system, the more you will be able to enjoy the VIP status for free.
Is Binary Option Robot a Scam?
It is definitely not a scam because I have used it and many other traders have used it too, finding out that this is an excellent software. The main reason it proves to be legit is that it delivers results. If you use knowledge and make the right decisions, you will be able to benefit from this extremely profitable system. Another good thing is the choice of brokers. Currently, the Binary Option Robot recommends some of the top brokers in the industry. They are regulated and licensed, which means that they follow the laws of the regulatory authorities. They do not practice unprofessional or unethical business behavior and make sure that their customers enjoy a great trading experience with them.
Trading Signals and Results
When it comes to binary options trading, getting accurate signals is very important. With the Binary Option Robot, you can get live signals directly on your trading platform. In order for this to happen, all you have to do is to download the binary options investment software and log into your account. The software uses a variety of technical indicators to generate signals. This is the reason, it is essential to choose them carefully.
After you have customized the settings, you will start receiving the signals. I had to be very careful with the assets and value of the trades that I chose. This is because although their website says that the robot can offer success rate of 85%, the success rate actually depends on the asset you choose. I was able to get about 75% for my chosen assets.
The maximum success rate also depends on the expiration time you choose. You can get the best success rate with 15 minutes and 30 minutes trades. Trades with short expiration times can be quite risky and this is the reason I usually avoid them.
Overall, it can be said that the signals that are generated by the Binary options Robot automated trading system are quite accurate. The software is legit and it may not result in winning trades all the time, but it ends up in generating profits most of the time.
Review Verdict: BOR is NOT a Scam