Binary Robot Plus Review
Whether you have been trading in binary options for many years or are new to the industry, it is important to keep track of all the latest software options available. BinaryRobotPlus has literally just started trading; as of April 2017 it is available to access for free!
It is important to note that this is not a brokerage, it is a trading robot; also known as ‘Software as a Service. To benefit from its service you simply register and select from one of the five affiliated brokers.
What Binary Robot Plus Offers
The system has been designed by several programmers who have many years of experience within the binary industry. One of the best features of this software is the fact that it has been well designed; it is exceptionally easy to use with all the controls easy to access.
Even more importantly is the fact that you can customize a wide range of options to ensure the robot does exactly what you need it to do. In fact, there are so many different options that new traders may struggle to understand all the different options available.
What is refreshing is that the promotional material attached to this software does not provide promises of amazing wealth in just a few days or weeks. It is possible to generate a good income from binary trading but it takes time, skill and a reasonable amount of funds.
Even more promising is that the promotional film does not appear to use actors to promote the Binary Robot Plus. The use of actors is a common technique used by scam firms as they do not wish to be traced easily. The fact that Binary Robot Plus does not adopt this approach suggests that they are a genuine offering.
Alongside the range of customizations; which include setting limits for the value and number of trades; there are five key areas to understand. In each of the following areas you will need to clarify your preferred options. It is important to consider each option carefully; although you can change them at a later date if necessary:
You will need to set the amount you are prepared to invest in each trade. You can also establish a maximum number of trades and even the maximum level of losses you are prepared to accept on a daily basis.
There are a number of options regarding which assets you can choose to trade in. Binary Robot Plus offer currency pairs; in fact, there are sixteen different options in respect of currency pairs.
The newer you are to trading the more you will want to play safe and learn more about binary options. This will ensure you gain enough knowledge to select the right trades and generate an income.
There are four risk options to choose from; these cover using all the signals or using virtually none of the signals created by Binary Robot Plus. This software can be used as an autonomous robot which will trade on your behalf. Alternatively you can simply accept the signals and choose whether to trade on each one or not.
Including in the impressive range of options is the option to choose which signals you wish to react to. The options include all signals, Euro ones, US ones or even the ability to accept conservative daily signals.
It is also possible to select which trades you prefer to take part in by time available. You can choose between trades finishing within the next twenty four hours, forty eight hours, seventy two hours or even longer!
Binary Robot Plus does not offer a historical analysis of results; this is because they can never be used to predict your potential earnings. The reason for this is that there are simply too many variables to accurately predict a profit figure.
Binary Robot Plus currently has five brokers associated with it. None of these are licensed which is often considered to be a warning flag. However, this is also one of the most difficult things for a new robot to secure; connections to licensed brokers. It is, therefore, likely in this case that Binary Robot Plus are a genuine service who will attract licensed brokers in the near future.
Overall, the quality of service and the range of options available make Binary Robot Plus an attractive option.