OptionRobot.com is a type of automated binary option software that will place binary option trades on your behalf after you must have configured the software. The Option Robot was initially developed in 2014 by European software programmers and was later updated in 2016. Since then, Option Robot has maintained its integrity as a top notch binary trading system. This, consequently earned the Option Robot a reputation and endorsement that by far surpasses for any other auto trading software.
Option Robot Review
This singular truth about Option Robot reputation can be ascertained when a little Google search with the key word ”Option Robot” is made. The amount of positive reviews with few or no negative report about the Option Robot being a scam might surprise you. The popularity of Option Robot was ignited when an authority website endorsed the Option Robot as having an incredible success rate that is capable of taking your trading experience to another level. Everyone from Youtube testimonials to reputable review site praise it as the best auto trading solution. The Option Robot unarguably has lived up to its promises of providing its clients with a profitable system that gives them some extra cash and make them have enjoyable trading experiences.
Official Website: OptionRobot.com
What is Option Robot?
Option Robot is an auto trading Binary Option trading software that helps you to conveniently place trades and save you the stress of studying the market and the losses of placing the trades yourself. The Option Robot has gained its popularity as the leading trading software in the history of Binary Options. These can be attributed to the special features it offers which we are going to stretch out.
We strongly understand the fact that new traders need a guideline on what the Option Robot is capable of doing and this is where our review is going to help you out because we will judge Option Robot from the perspective of the trader and see how it can change things for you.
Every trading robot has its set of pros and cons, but what sets Option Robot apart from its competitors is that the number of pros are far more than the drawbacks and this is what makes this trading system a worthwhile option.
Thoughts on the Option Robot
Option Robot has average winning trades ranging from 80 – 89%, Option Robot is the most recommended binary option robot that have been proven to be one of the most successful automated trading robots in the binary options industry.
Option Robot is a professional binary options signals provider. When you sign up, the Option Robot will be automatically synced with your broker and therefore allow the trade signals to be easily copied and executed from within your broker platform.
The robot is free and fully web-based meaning you don’t have to download any other applications or programs. Also there is no need for regular software update because the software is completely web-based and requires only internet connections to updates automatically.
Along with the automated trader that give signals based on various models, Option Robot also have manual option for you to decide on the signals to opt for.
Option Robot do not claim to have an almighty algorithm like most scams do only to sale your dream. However, The Option Robot works on a combination of various signal indicators and trading systems and allows you to try them out and make a choice based on which is perfect for you.
Option Robot is an ”All in One” Software. It offers three different trading systems. They are classic, Martingale and Fibonacci. Also, indicators such as the RSI, trend indicator, Stoich indicator, William %R indicator, MACD, and CCI indicators are all integrated into the Option Robot. All these features are combined to thoroughly analyze the market and translate the outcome into safe, profitable and accurate binary trading investment.
Option Robot – a Scam?
Another important fact about the Software which makes it trusted than any other trading bot is the absence of Fiverr.com scam actors pretending to be Beta Testers. No limitation on the number of members. No fake widgets and elements that you’ll find on literally every fake software. Brokers with negative reviews and reputation are not synced with the robot. No insane claims, bonus traps and or other bogus manipulations. You can take all of the above and throw it out of the window, and shun any scam that has any type of shady elements associated with it.
Benefits of Option Robot
In terms of high signals generation, Option Robot is top rated and has countlessly shown its uniqueness relative to other software. It uses highly developed algorithms to create signals from six high-grade indicators with an accuracy rate of 85%. The indicators include:
Trend Indicator, Relative Strength Index(RSI), Moving Average Convergence Divergence (MACD), Commodity Channel Index, Williams, Stoich Oscillator.
In using the robot, you are in total control hence you can decide the particular indicator and the number of indicators you want to use. We would at this point recommend you use all the indicators at once, and in doing so, your trades will only be placed when all the indicators show similar directions thus, further increasing your chances of making the right predictions and reducing your losses.
Money Management System/ Trading Methods
Like we said earlier, this software is extremely unique and it also shows its uniqueness in this aspect. It is quite understandable that traders in Binary option have difficulties in managing their account and controlling their risks. This brings us to this thoughtful and innovative feature that Option Robot software offers to its users. There are three money management options available for selection and they include:
Classic System – This is the safest of the three. It is the regular system of trade in which the same amount selected by the trader is continually used to place trades irrespective of the results. This is a slow and steady type of system where there are reduced losses and low returns.
Fibonacci System– This was built to base on mathematical calculations following market trends with the anticipation that these trends will be repeated. It is especially useful and more accurate when trading pairs.
Martingale– This system has a casino background as it was adapted from methods used by casino players. This is the riskiest of the three and we do not recommend it to beginners. In this method, the robot initially begins the first set of trades with lower amounts and then doubles the amount continuously each time there is a lose until there is a win. This enables the trader to recover and make up for the previous losses using the wins.
Option Robot Demo Account
This feature is very important especially as a newbie in binary option to make you fully understand how the system works. Option Robot gives you virtual money in your demo account to carryout live trades while avoiding the risk of actually losing your money. Whenever you feel ready to start real trading, you may switch over to your real account.
The robot is both user and beginner friendly, although its algorithm is very complicated. You could look down on it if you only concentrated on face value. The Option Robot-users interface doesn’t subject you to an endless learning curve, and with such, you can get started as soon as you fund your broker account. Thus is fully recommended to both newbies and experienced binary options traders who wants to make additional profit while trading.
Option Robot is free
For the moment, the Option Robot is free. If you can afford an initial minimum deposit of $200 or $250, then you will get to sign up with one of their brokers. The steps are self-explanatory. You have to sign up with your details and finally choose your mode of payment to fund your broker account.
The Option Robot algorithm places over 350 trades per week. This is simply groundbreaking since it means users will usually get nearly 40 to 50 multiple signals at various trading times per day.
If you don’t have the time to trade but still desires to make some extra profits while you do other things, then Option Robot is for you!
Option Robot vs. Binary Robot Plus
Binary Robot Plus like the OptionRobot.com is among the auto trading software in which we adore and recommend because of the high level of professionalism shown by these software. The do not sale your dreams neither do they make unrealistic claims like the ones we see in literally every scam system we exposed. Also the provide you with a platform in which you are totally in control while trading with a regulated broker. Unlike the Binary Robot Plus, OptionRobot.com have been in existence since 2014 and since then have maintained its integrity. These have earned it trust from its numerous users worldwide. BinaryRobotPlus.com though new compared to OptionRobot have additional features which makes it more versatile, innovative and easier to use compared to what the OptionRobot.com offers. No wander the name BinaryRobot+. They additional features include Reverse trading, Daily Stop loss, maximum daily trade, wide range of expiry time and vast selection of currency pairs to trade on. OptionRobot.com comes with 8 currency pairs whereas the BinaryRobotPlus.com comes with 14 currency pairs making it more versatile than OptionRobot.com
How does the Option Robot work?
Unlike most scam systems that are churned out daily by unregulated binary options brokers, the Option Robot is an independent and self generating signals provider which works by combining various profitable trading methods and technical indicators. This means that the Option Robot works independent of any binary option broker.This is what makes it unique. Being an independent and professional adviser, the robot will analyse the market and look for trading trends. This way, the it is able to produce high quality signals that are capable of making amazing accuracy that is not achievable by any other auto trader.
Option Robot Results
Option Robot algorithm recognizes highly profitable market opportunities which have a direct impact on asset and stock value. Together, the software is able to Analyze market changes, economic reports in relation to how they affect commodities like currency pairs. This means that anyone using the Option Robot software will be trading using a system that knows how to translate these factors into real trading signals with up to 85% success rate.
Getting Started with Option Robot
It is very easy to get started with Option Robot and the entire setup can be done within a minute or two. To be a part of this winning team all you need to do is visit the website OptionRobot.com and click on the ‘Open Account’ button which will take you to the trading platform.
On the platform you may click on the signup button after which you will need to enter your personal information such as name, phone number, email address and password. You will also be required to select the broker you would want to work with from a list of available brokers.
Furthermore, after you have selected your preferred broker who will automatically lead you to your software, you will also be required to put a minimum deposit of $250 into your account. Then you are ready and may decide to set the signal indicator you want to use, the money management system and basically how you want your Option Robot to work.
Setting Up the Option Robot
Note that it is important to customize the Option Robot to your own preference by choosing from a list of currency pairs, expiry time, maximum simultaneous trade, method, indicators, investment amount. For newbies and inexperienced traders, you can go straight to AutoTrading, in which case, the robot will place trades for you on 100% autopilot.
Max Simultaneous trade
While using the software, you have the freedom to decide how you want to run your trades the best being the privilege to select the number of trades you would like to carry out simultaneously usually from one to eight, one being the minimum. This is to prevent the auto trader from placing so many trades when you are not monitoring the system.
This is the time interval in which the software will generate signals.
The minimum amount per trade you are allowed to invest is $5 whereas the maximum is $500.
This is where you select the trading strategy that will guide the software.
Option Robot comes with 6 indicators. You must select an indicator before the software will generate signals.
The currency pairs are the assets in which the robot will trade on. The robot comes with 8 standard currency pairs. Meaning that those currency pairs are available in most binary option broker trading platform and so you will not have problem trading with your preferred currency pair while using the Option Robot.
Read Also: Binary Robot 365 Review
Option Robot Brokers
When using a software or even trading in Binary Options as a whole, selecting a broker is very important and should be a very sensitive process.This is because it will go a long way in determining your success or the losses in your trades. With the Option Robot, you have the best brokers in the world at your disposal. They are reputable brokers and are all fully licensed and regulated by CySEC so you need not to worry about having some security issues. They include big names like: 24Options, Stockpair, Empire Options, and Opteck.
So there is a wide selection of brokers for everyone. Also Depositing with brokers through the software has proven to be really simple. After signing up with a broker through the Option Robot dashboard traders can click on the deposit button and they will be taken to brokers control panel where they can simply choose payment service and deposit.
Option Robot is 100% Recommended!
In conclusion, Option Robot is one unique auto trading software which we would strongly recommend to anyone. It has gained all prospective trust of taking your profits and trading experience to greater heights. For years our team have never encountered any trading bot similar to what OptionRobot.com has to offer. The winning rate is outstanding and if you are looking for a profitable binary options solution, you should continue and open a free Option Robot account HERE. Following its well secured platform, unique features and organization we would give it our recommendation and always advice you to opt for the best performing software.