What would binary options traders think of a website that combined speed and choice? The Binary Options Robot allows you to choose from a variety of the most, well-respected brokers, all in the same place. It might be referred to as a “Super Broker.”
Not only do you have choice, but you can also use the proprietary Binary Options Robot software to automate your trades. Control your destiny with ancillary income 24/7/365. Here is a “Binary Options Robot” review discussing its philosophy, proprietary software and which type of binary options traders, might find it the most appealing.
Broker Review Content
Automatic Robot Trades
After the “IBM Big Blue” computer beat the top chess Grandmaster, the world was changed forever. Computers can simply calculate faster than humans. Already, the top banks use “high-frequency” trading (HFT) in microseconds to gain consistent profits.
Now, most advanced binary options traders want the same high-speed software to improve their “money-making” capacity. Thankfully, the Binary Options Robot has made these software algorithms available to every man. With this system, you can run your “money-making on auto-pilot.” Spend more time in leisure, while the robots do all the work.
Graphical User Interface (GUI)
This is one of the newer binary options websites, only founded in 2014. The black-and-gold color scheme and display is fairly straightforward. Visitors must remember that this is not a single broker, but acts as kind of a “gate keeper for multiple brokers.”
As a result, the website’s display focuses on promoting the different brokers under its umbrella. The middle of the screen includes a couple of featured binary options brokers, listing their minimum deposit and maximum returns.
Along the top of the screen, you can choose tabs for “Guides,” “Brokers,” “Robots,” “Signals” and “News.” In the upper right corner are the “Traders Favorites” – brokers. The website claims to have over 30,000 members receiving their “killer newsletter.”
The BinaryOptionsRobot.com website is not really, very splashy or promotional. All of the website pages, share the same basic look; this optimizes ease-of-use.
Minimums & Spread
Since you have so many brokers to choose from, the minimums, spreads and payouts are going to vary dramatically. Basically, the minimum deposit is about 250 units of currency, which is a little higher than the industry norm. The minimum investment for each trade is 1 unit, which is quite low.
The website designers are really aiming at the average to more advanced traders. They are not focusing a lot of time on education, but instead on the fastest, automatic trades.
On the Binary Option Robot home page, you can also see a “Social Trading” feature, listing the name, country and profit for the top performers. This adds the human touch to the binary robot.
Broker of the Day
It takes any industry, a little time to mature. The Binary Options trading industry is not even a decade old yet (it started in 2008); but every year, it offers innovations. This Binary Options Robot has combined broker reviews, trading features and its own proprietary software. It understands that each broker has its own unique feel. Now, some traders would like to sample binary options from different brokers.
At the Binary Options Robot, the broker reviews are included on the website. You can juxtapose their features side-by-side to find the best deal. You can also access the brokers, directly from the Binary Options Robot.
The only downside is the potential for a “conflict of interest.” Can traders really trust a Binary Options Robot review of a broker, which is also featured on Binary Options Robot?
The best way to turn binary options into a career, is to generate a variety of trading types. One trade might offer some profits, but with multiple trades, you can achieve income stability. By listing multiple brokers, the Binary Options Robot offers the following: 1. Choice, 2. Risk Management and 3. Profits.
1. Choice
The top global bankers make money every day. They look for tiny variations in prices, fast movements and repetitive patterns. Just as you stock screwdrivers, hammers and wrenches in your tool box, you also want a variety of brokers for different trades. Each broker offers key advantages for certain trades.
With the Binary Options Robot, you can “mix-and-match.” If Broker A offers a 60-second trade on gold and Broker B offers a 180-second trade on gold, then you could overlap them to create intriguing profit potentials. You also might find different personalities, involved with “Social Trading” on different broker sites.
2. Risk Management
You can’t predict how the macroeconomic conditions might change in the world, but you still need to make money. A bear or bull market will impact trades differently. With a variety of different brokers, you can customize trades more easily.
Some brokers offer “exotic trades,” you can’t find anywhere else. With multiple brokers, you can also engage in “cross broker risk management.” Use one trade to hedge against another trade.
3. Profits
Some days, the fish are not biting and you might want to find a new watering hole. With the Binary Options Robot, you can. And furthermore, you don’t have to start at “square one;” you can take all of your trades with you, by using the same Binary Options Robot software with each broker.
The Binary Options Robot allows you to use different strategies to handle different circumstances. It is like the soup of the day. You can also choose a different broker, if your luck has gone south.
Services, Features & Accounts
You can basically choose between a “Regular” or “VIP” account. The “Regular Account” includes the “Daily Stop Loss.” Unfortunately, there is no free demo account with this Super Broker.
Getting started is easy … just click on “Trade now.”
VIP account features are available for one month after the “first deposit.” VIPs enjoy these added benefits – “Strategies,” “Risk Level” and “Order Flow Trading.” The “Order Flow Trading” uses real-time analysis for your trades. The software is online, so no downloads are necessary. The goal of the Binary Options Robot has been to offer a “leap forward in automated solutions.” Traders can choose from the following 4 trading strategy algorithms: “Wise Growth Strategy,” “Perfect Pitch Method,” “High Yield Systems” or “Capital Gain Cue.”
“Automated Wealth”
There are also 4 different Risk Tolerance levels for the automatic trading – “Green” is the safest and “Red” is the riskiest. This is perfect for the advanced traders, who want to adjust their risk tolerance levels to handle different exigencies.
Once you select a broker, you can use the proprietary Binary Options Robot software to set up an automatic trade. The software designers understand that people want “simple, intuitive control,” so they have created algorithms with an “unprecedented level of accuracy.” Binary Options Robot developers claim that they offer a “true representation of a likely outcome with severity of risk.”
Proprietary Trading Software
With multiple brokers, you can choose from hundreds of assets, types, time periods, bonuses, deposit and withdrawal methods. The number of signal systems on the Binary Options Robot is quite impressive. You can use this proprietary software on your mobile device too.
Education
Just click on the “Guide” to read one of the educational articles on binary options. These include an overall summary of the binary options industry, how to register on the website and reviews of various brokers. There aren’t many beginner videos; therefore, the website is probably better for more advanced traders.
Customer Support
This is a truly global binary options platform, allowing customers to get help in any of the following languages: Bulgarian, Cantonese, Croatian, Czech, Danish, Dutch, English, Finnish, French, German, Indian, Hungarian, Italian, Japanese, Korean, Mandarin, Norwegian, Polish, Portuguese, Russian, Slovenian, Spanish, Swedish, Turkish and Vietnamese.
When you need answers, you can contact a customer service representative from 8AM to 10PM, any day of the week. LiveChat is available (a pop-up box follows you wherever you scroll on the screen) – this allows traders to “Leave a message” at any time. The website won the “Most Successful Robot” award for 2016.
Advantages
+ Free One-Month VIP Account Trial
+ Automated Trading
+ Multiple Brokers
Disadvantages
– Potential Broker Review Conflict of Interest
– No Free Demo Account
– Website Pages Look Similar
Perhaps, this is the “Yellow Pages” for binary options brokers. You can select your favorite broker and use the Binary Options Robot proprietary software as the common thread. When traders want variety and automated trades, this website is sure to please.
The Binary Options Robot seems to be geared towards average to experienced traders, who want to take the next step. They want to use the most advanced trading strategies, risk management and automated tools to earn solid profits. The Binary Options Robot rapid speed algorithms give humans the ability to trade at the “speed of light.”