Binadroid Software Review
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 to create an account with a long list of brokers that will work with the Binadroid automated trading software.
This software has been available since the beginning of 2016 and is proving to be a viable contender.
Review of Binadroid Software
It can be difficult to assess which programs are providing genuine opportunities and which are simply trying to relieve you of your money. The Binadroid software stands above many of its competitors for a variety of reasons. These include a lack of dubious testimonials on the site, a wide array of brokerages to choose from; some of which are fully licensed and regulated and, the ability to trade from as little as just $5.
The joining process gives you the opportunity to select the brokerage you would like to deal with. It is advisable to one which is fully regulated; a license will provide you with some peace of mind.
Using the Binadroid Software
Part of setting up your account involves choosing your preferences in respect of trading. You will need to select whether you would prefer to use on or two of the droidbots. This effectively tells the Binadroid automated trading software how many trades you are prepared to run at the same time.
You will also need to specify your exposure level. High risk trades are considered to be those which are completed in just one minute. Low risk extends the time of the trade to five minutes whilst moderate covers the middle ground; three minutes. The Binadroid software is geared towards fast trading.
Finally, it is impressive that the Binadroid software allows you to select your trade level; you can start as low as just $5!
Select Your Binadroid Broker
One of the biggest warnings when using any autonomous system is the quality of the brokerages to which you are connected. A genuine site, such as Binadroid automated trading software, will have a range of fully licensed and regulated brokers associated with it. In fact the Binadroid system can be used after creating an account with Banc De Binary; a licensed broker with an excellent reputation. Also assists you in knowing what you are doing by warning you during the set-up process. You will receive a reminder that the Binadroid system will be placing trades with your funds in your name.
Although there is already a good list of brokers, more are being added all the time. If you already have an account with a brokerage you may already be able to access the Binadroid automated trading software.
Binadroid System Rewards
It is possible to provide average results and expected returns. However, the truth regarding any autonomous system, including the Binadroid system, is that the greater the range of preferences the more difficult it will be for two people to obtain the same results. Whilst the BInadroid system average is good, your actual results will be a culmination of your expose and financial position.