Anyone who has invested in binary options or is considering doing so will, undoubtedly, be looking at the various options regarding what the different binary brokers offer and what rates of return they provide. Most of the offerings are consistent between brokers in this fiercely competitive marketplace, however, a relatively new broker to the scene, OptionRobot, is adding a new feature which is not currently offered by any of the other binary options brokers; this is the ability to establish your own trading boundaries and have the program handle all the purchasing of options.
OptionRobot, as its name suggests, is fully automated; once you have created an account with them and an approved broker, and then set up your boundaries, or trading options the system will do the work for you. It will look at available trades and decide whether they fit your budget, risk factor and return rate. If they do then the order will be placed and hopefully be successful. An automated service does not guarantee success!
One of the main advantages of using an automated product is that you do not need to have any prior experience or knowledge regarding binary options. The fact that this automated system is capable of being adjusted to fit your own preferences is making it much more attractive to many traders who are looking to broaden their portfolios without unnecessary risk or additional strain on their valuable time.
Getting Started With OptionRobot
The first step is creating your account; you will then need to add your initial funds to your account. Providing you have entered your preferences you can then simply press the start auto trading option and let the robot get to work!
You can control the amount of funds you are prepared to risk on each trade, as well as how long the trade can be. You will also be able to explore the settings option to indicate your boundaries and have a range of information made available as it happens, in response to your established boundaries. It is worth noting that the minimum initial deposit is $200; as soon as this deposit is placed you will be able to start trading.
It is possible to use exactly the same amount of funds on every trade; however, the automated system will also allow you to raise the value of your next trades to compensate for a loss on a trade. Alternatively you can get the robot to calculate the right amount for each trade to ensure you end the day in a profit position.
It is possible to adjust the settings on the OptionRobot to ensure it knows whether you prefer to buy on the up-trend or the down trend; it is important to understand what these settings do as it usually requires two settings to complement each other.
The software is held on the cloud and does not need downloading to your computer. This means it is possible to use it from any computer, regardless of where you are in the world. You simply need to know your log-on details.
OptionRobot Additional Details
As with the majority of binary options brokers, there is no charge to use the service or register from an account. Their funds come from the losses you make; it is inevitable there will be some! The rate of return is promised to be good but the firm has been trading for such a short while it is difficult to confirm this yet; time will tell.
The customer support offered by OptionRobot is excellent. You can contact them via email or through the dedicated ‘contact us’ page on their website. Their operators speak a variety of languages and are exceptionally helpful and quick to respond.
BEST BINARY OPTIONS ROBOTS
More related articles:
If you have ever considered trading in binary options you will already know how these trades work and the importance of choosing the right broker. Although trading is essentially simple, it can be difficult to acquire a good rate of return consistently without resorting to a s...
There are many new terms and phrases associated with learning anything new; entering the binary options trading industry is no different. You will need to decipher what a ‘put’ is and a ‘call’; you may also be presented with the &lsq... It is fun, exciting and potentially very rewarding trading in binary options. Every trade you undertake has the potential to provide you with significant levels of return. However there are a lot of details to learn to ensure you make the most of every opportunity. There are f... One way of trading within binary options is to sign up to the services of a binary options robot software firm. These firms are designed to provide a binary options robot which will search the markets to look for any trade which is likely to make a profit. You can control the ... There are a host of new websites offering means and ways to generate money through binary options and the use of the automated trading robots. Unfortunately, there are many firms which operate scams; this means it is essential to choose one which has a genuine approach and off... 2016 was a big year for automated trading systems. There were a host of new services which appeared on the market. The Money Code software became available in June 2016 although it is interesting to note that the software was originally released as 7 Figure Months.
... It may surprise you to know that this system has been around since early 2015 and is considered to be a primary contender as the first autonomous system for binary investments. In fact, the Millionaire Blueprint software has been reproduced by many different firms since; a rec... Gemini 2 is no longer open to new customers. The automated Gemini 2 software became available between late September 2016 and mid December 2016. The fact that they are no longer in business serves to confirm their status as a scam operator. Unfortunately many people fell for t... You may have heard or already experienced the system known as Dubai Lifestyle App. The general consensus states that this should not be considered a genuine offering. Instead of providing fair opportunities to generate returns it is simply operating to remove your hard earned ... Deciding to trade in binary options is the first step in generating a secondary or replacement income. However, other factors mean that many people are unable to dedicate the time that they wish to. Instead, a common solution is to use the services of an automated trading robo... With a name like the Brit Wealth System it is unsurprising that the offering from this autonomous trading software is considered to be a scam. In fact it is fairly obvious that the Brit Wealth System scam is just that by the poor quality of the site and the product.
&... This is one of many new auto trading robots to appear on the binary options scene. Bot Plus 365 offers an autonomous trading experience. Unfortunately the software, which has recently been converted from Italian to English, trades under a variety of names. All of them have the... It is possible that the Black Box Robot software is one of the best autonomous trading systems in recent years. Although it has only been available since late 2016 it has already managed to garner associations with many of the most popular and well established binary brokers.&... Choosing an automated binary trading system is not easy. There are an increasing number of options available on the market which can make it extremely difficult to choose the right one for your needs. However, a review of BinaryRobot365 shows that it is definitely worth consid... You will undoubtedly have heard about the various techniques of making money without doing anything. Binary options robots are effectively autonomous software which allows you to trade without needing prior experience and without being at your computer. To decide if it is the ... We were under the impression of unique features and proper functioning of this software. You need to be online to use this automated trading software for active trading. However in the same time this software gives the opportunity to trade on offline basis as well. The only th...
Choosing the right software is essential when looking for an autonomous trading system. The good ones can assist you in earning an income; the bad ones simply take your money.
The Binary Brain Wave software studies the markets and finds a... It is unfortunately true that many people choose to make a living by scamming others. This means that you need to verify every system before you start using it. This review will help you to decide whether the Binary Bank Breaker is a scam or a genuine opportunity.
... As people search for more reliable ways to generate an income, particular methods which put them more in control of their own finances, more and more of them are turning to the binary industry. However, it is vital to know what you are getting into.
... Some binary options auto trading software providers are linked with specific binary brokers and work together to generate the maximum profits for themselves. The Binadroid software is not linked with any other firm; making it an independent, autonomous system. It is possible t...