Option Robot Scam or Not?
Detailed OptionRobot.com Review.
Option Robot Software has average winning trades ranging from 80 – 89%, Option Robot is the most recommended binary option robot in binary options industry that has proven to be one of the most successful automated trading robots in the binary options industry.
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 Option 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 updates automatically.
Official Website: OptionRobot.com
Option Robot Review – Is Option Robot a SCAM ?
Now I strongly understand the fact that new traders need a guideline 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. Now every trading bot 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. 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. Over time, 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.
How does the Option Robot software work?
The Option Robot works by combining various profitable trading strategies and indicators in conjunction with usual market analysis and trends. This way, the Option Robot is able to produce up to 85% win rate. This is fair because we are not being promised a 100% win rate, otherwise, this would be a big lie or scam. This Auto trader works by recognizing highly profitable market opportunities which have a direct impact on asset and stock value. Together, the Option Robot is able to Analyze market changes, economic reports in relation to how they affect commodities like currency pairs, oil, gas and so on. 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.
Why invest in Option Robot Auto-trading software
Option Robot is fully automated and only requires your internet connection to be on for trades to be executed. Along with the automated trader that give signals based on various models, they also have manual option for you to decide on the signals to opt for. They do not claim to have an almighty algorithm like other scams do but work 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 up to 85% accurate binary trading investment.
How to use the 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 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.
Note that it is important to customize the 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 Option Robot will place trades for you on 100% autopilot.
Max Simultaneous trade
While using Option Robot, 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 thesystem. Also the minimum amount per trade you are allowed to invest is $5 whereas the maximum is $500.
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, Banc de Binary, Opteck. So there is a wide selection of brokers for everyone. Also Depositing with brokers through the Option Robot 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.
Pros 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, Stoch Oscillator.
In using Option 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
Like we said earlier, Option Robot 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 Automated Binary software offers to it 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 Option 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 whiletrading.
+Absence of known scam tactics
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.
+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.
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.