Why Option Robot gets our #1 recommendation Let’s get straight to the point here. We believe that you are tired of looking for binary options products that really work. Chances are, you’ve fallen victim to rip off products which are created for obvious reasons – to make the binary brokers rich but then, you will be left alone. Option Robot (optionrobot.com), on the other hand, is different. It is now our #1 recommended binary options auto trading app for simple reasons – it is legit and it works.
Brokers recommended by Option Robot are regulated. Which means, your deposit is safe and once you’ve made a good income, feel free to withdraw. This is different compared to several rips off products out there where you cannot verify whether the binary options brokers are regulated or not.
The ability to choose your own broker. This part is so refreshing since you don’t need to stick with just one or two brokers.
Pay for results. This robot works on a demo account, so you can test it first before you can get it to work. Yes, test on the demo account first, so there is no risk there. It’s very rare to see a binary options system which allows you to test on demo accounts first.
Great support from Option Robot team.
No hype, no income guarantee on the optionrobot.com website. This is quite different from tonnes of other trading robots software.
The most common complaints you will see in binary options forums and occasionally, we received them too, is the fact that people aren’t able to withdraw their money from binary brokers, despite the trading app seems to be working. In most cases, people who are searching for those products on the web, are actually looking for ways to refund their money from those scam brokers, and of course, their attempt fails.
Heck, you could be one of them. The next time you want to choose a binary options system, always, always choose a regulated binary broker. The problem is, most of the garbage products out there are associated with unregulated binary brokers. While they could be working and produce results on the software dashboard, by the time you want to withdraw, the binary brokers will refuse to do so.
The beauty of OptionRobot.com is that you have the ability to choose your own brokers. There are 9 brokers that are currently connected with this software, and each month more brokers are added.
We highly recommend one of these brokers – Stock Pair and 24 Options.
The system has multiple options for you to configure, and this is the reason we like it. No, this is unlike other software where the settings are too simple that it won’t make you money. You have several customizations and can choose your assets, trading styles, time of expiry and more.
Expiry: This is where you tell the robot which option to trade. Your choices range from 60-second options to one-hour options.
Amount: Here you set how much money the robot should place on each trade. The minimum is $20 per trade, and it goes as high as $600 for high investors.
Method: Here you choose will you be trading Classic, Martingale or Fibonacci.
Max Simultaneous Trades: This is the number of trades that the system will have going at the same time. Caution: If you try out the demo mode, will all the options selected, you will be amazed how many trades the robot can place at one time. If you select Trend, for example, the software will start placing trades anytime there is a pattern that matches.
Indicators: You choose from 7 indicators (signal sources). The indicators are what the signals are generated from. If you select Trend, for example, the software will start placing trades anytime there is a pattern that matches.
Currencies: This Option Robot trades 8 forex pairs.
Quick tutorial and winning tactics for newbies
Frequently asked questions Q: How do I track the results? A: You can track the results of every trade place by Option Robot via the trading history in your link of your broker account.
Q: How much Option Robot cost? A: You don’t need to spend a dime to join Option Robot. However, you need to deposit real money to start trading.
Q: Does Option Robot works with tablet and mobile phones.
A: Yes it is.
Q: What expiration times does the Robot use? A: You can configure one of any of the following expiry times: 60 Second, 5 Minute, 10 Minute, 15 Minute & 60 Minute. Please refer to our broker settings comparison article for which expiry times are available for each respective broker.
It is very rare that we recommend any auto trading software but Nuvo Finance is different. Nuvo Finance is a brand new software created by Peter Millen. At first, we are skeptical about this auto trader software, but after checking inside the member’s area, as well as the performance, we have to say that this is a great software.
In this Nuvo Finance review, we will share our feedback concerning this newly discovered money making opportunity created by Nuvo Finance Ltd. The very reason why Nuvo Finance caught our attention is the fact it uses a unique concept to generate revenue for its users. Af first, the company accepted only 100 beta testers, per day. If you are accepted, then you will stand a chance to generate a healthy income online in the next 30 days.
Without further ado, let us share what you will get with the Nuvo Finance system.
1. Nuvo Finance Algorithm is Based On Technical and Fundamental Analysis. In case you are new to trading, let us explain what are fundamental and technical analysis. Technical analysis is basically about predicting the price action and market direction by using tools such as candlestick chart, indicators or support and resistance lines. Fundamental analysis, on the other hand, is basically about watching where the market goes by analyzing the news results. If you want to make steady income
If you want to make a steady income with trading, whether stock market, forex trading or binary options trading, you will need to do both technical and fundamental analysis.
Since the algorithm of Nuvo Finance is designed to trade short term positions which last in 15 minutes, it is safe to assume that the software works on oscillators such as MACD, stochastic to confirm the trends through its inbuilt sentiment tool. This feature alone allows the algorithm to make the right decision based on the direction where the market orders flow in.
2. Trade with both automatic and manual system. Automatic trading is one great method to make money online and for some newbies, this is actually a great time saver. You don’t need to watch the computer or handphone screen all day. Even better, the Nuvo Finance software operates on a cloud server, which means there is no need to download anything to your PC.
Some traders prefer to watch the chart and market all day – this is actually the other function of Nuvo Finance. The app comes with the features that you will need to make the correct decision. There are features such as the signal calculator (which indicates traders’ sentiments).
3. Neat user interface plus mobile friendly designed Peter Milen, in other words, the CEO of Nuvo Finance software has taken this app to the next level for mobile users. Mobile phones are getting more popular these days for trading and browsing the web, thus Nuvo Finance app is created so it will fit the screen of your phone. Traders and investors these days don’t have the time to watch the chart all day at home or office. They are always on the move and therefore a real, mobile friendly software dashboard is a big help.
4. 83% ITM, which is great for an automated software Based on the results of beta testers, this software generates an average 83% of in the money (ITM) rate. This is actually something to feel good about since this software is still in its development phase. This means, that the winning rate will get even better as more signals will be added soon into the Nuvo Finance system.
Also, the founder of Nuvo Finance has incorporated ten trading tactics into the algorithm of this system. These indicators/strategies have to match with each other before a signal can be produced. In other words, if the tactic doesn’t match each other, then you won’t be getting the signals and your fund is safe.
5. A great team which supports you 24/7. This product is backed by a professional support team who is there to answer any of your questions and concerns. This team will work for you 24 hours per day, 7 days per week. In addition to email support, there is also a live chat support which is very neat.
What are the advantages of Nuvo Finance?
1. You don’t need to pay for VPS or additional cost to use this app If you are familiar with forex EA robots, then you should realize that in addition to the expensive cost of the robot itself, you need to pay monthly for virtual private server (VPS) hosting. Otherwise, the robot won’t operate properly if you are offline. Nuvo Finance system, on the other hand, is different. You don’t need to pay extra for hosting or something like that.
2. You can earn money with very low investment Professional traders often trade with minimal amount of $500 – $1000 capital. However, this software only requires you to fund your broker account with as little as $250. That is actually the minimum amount that you need to invest in trading. Other than that, you don’t need to pay extra for VPS or something.
3. You are free to choose how much you want to invest for each trade Thanks to this Nuvo Finance software, users can set the right, specific amounts of money they want to invest for every trade. The minimum amount trade value offered here is $25 with a payout of 80%. Of course, you can adjust this setting accordingly. The main benefit of this function is the fact Nuvo Finance software lets you manage your capital accordingly, to the amount which is available for trading.
4. Perfect for noobs, with easy to use interface and system The idea behind using the robots is the fact that most traders don’t want to wait for years in order to profit consistently from trading. They also don’t want to spend too much money and time on education about trading, investing or charting software. For people who are looking for such a thing, Nuvo Finance software is just perfect for you. You don’t need to spend too much time learning on how to trade – you just need to operate this software accordingly.
Verdict – Do we recommend Nuvo Finance? Short answer: Yes Is Nuvo Finance software a scam? In simple words, no it is not. In case you are curious, you can go ahead and sign up for the software because it is free to access. See the dashboard, figure out how this software works and finally decide for yourself whether this software is fit for you or not. You don’t need to deposit any money until you are 100% ready.
Binary Options trading is quite a technical field. It requires massive experience on the part of the trader. However, some traders feel that manual trading will be a tough venture for them. This is why they decide to trade using auto trading bots. Now the investors have loads of misconceptions when it comes to trading bots. Some traders believe that they will become millionaires overnight if they decide to trade using the auto trading bots. However, this will not be the case in the real world for sure because trading is quite a technical field. The investor needs to be quite careful when choosing auto trading bots because he might come across a scam as well.
What are the traits of scam trading bots?
The new traders are more vulnerable to trading scams because they have little knowledge regarding the field of trading. This is why the investor needs to be on his guard regarding the scams. Here are few things that are common amongst the auto trading scams.
1. The promotional video of the scam bots usually does not have any valuable information in the video. The algorithm of the trading bot is not revealed, and the trader is usually oblivious to the trading terms and conditions.
2. You will be unable to find any valuable information about the person who created the bot.
3. The scam trading bots divert the trader’s attention to the profits that the trader will be able to generate and do not focus on the actual trading mechanism. Make sure that you are quite vigilant when you are selecting a trading bot for trading.
How do we find the best trading bots available?
While it is true that there are some bad apples in the binary options industry, it doesn’t mean that all trading robots are bad. In fact, using software to trade currency pairs was popular and still used by some traders all over the globe. The same goes for binary options trading.
We only choose binary options trading robots that meet the following criteria:
1. Users of these robots must be able to choose their own brokers. If you were subscribing to any binary options products before, chances are, you will be directed to any random brokers that you cannot choose.
2. Users, in other words, our readers must be able to test the robots on a demo account first. This is very important since you don’t want to lose thousands on any random apps on the market.
3. The recommended brokers must be regulated. In case you didn’t know, some binary brokers are not regulated. In other words, they don’t get approval from the local government first before starting a real business, handle credit card payment and so on. It is not safe to deposit your money into these brokers because once your money is inside, there is no way to get them back. Even if the software might get rave reviews all over the web, it is worth to check whether the recommended brokers is regulated or not. Otherwise, that particular app is not worth your time.
Which binary trading software we recommend?
Below are our choices for binary options trading software that get good feedback all over the web and most importantly, they allow you to test on demo account mode first, before putting real money on the line. Yes, the recommended brokers are safe and regulated.
1. Option Robot
Option Robot is yet another trading bot that will not come up as a disappointment for the trader. This trading bot has a genuine and transparent trading approach. This is why it is surely an array of hope for you if you are new to trading and have little trading knowledge.
The following are the features of this trading bot that should convince you to choose this system right away.
1. The best thing about Option Robot is that it offers a demo account to the trader. This is why you get a fair chance to evaluate this trading bot and see if it suits your requirements. Offering a demo also proves the point that the trading bot is genuine and has got nothing to hide. Sign up for a free demo account with Option Robot.
2. Signing up with this trading bot is quite a simple process. You have to follow just three simple steps. First of all, you need to join and choose a broker. Don’t worry, you don’t need to deposit anything and the binary brokers are regulated so they are safe to use.
3. This trading bot promises an accuracy of about 83 percent. This is a quite an impressive percentage and proves the point that this trading bot will be able to turn out to be a profitable venture for you.
4. Option Robot readily reveals the names of the brokers that it uses. This also proves the fact that this trading bot is genuine and there are no loopholes. It is essential to know the names of the associated brokers because the trader will eventually be making a deposit to the associated broker.
5. Option Robot does not keep the trading approach secret. It defines three clear-cut methods for trading. These methods include Classic, Martingale, and Fibonacci. The trade, indicators are also indicated on the website, so there are no secrets kept.
6. In case you need help about using this robot, there are several tutorials about Option Robot which can be found on Youtube.
Verdict about Option Robot
This trading bot is perfect for the new and experienced traders. The new traders should try the Classic method offered by Option Robot because it holds the minimal risk for the trader. If you are willing to try out high-risk trades, then you can easily use the Martingale method offered by Option Robot. Thus the ample trading options make Option Robot an ideal pick for any trader who wants to reach new heights of success.
If you are looking for an alternative to Option Robot, Automated Binary is the ones that you are looking for. Automated Binary actually works on several indicators, such as CCI, RSI, stochastic and more. It also comes with several money management settings. You need to manage the risk properly, such as martingale for the highest risk, classic for standard risk settings and finally Fibonacci. 1. Once you’ve signed up, you can test this robot on the demo account first. There is both demo and real account mode in the dashboard.
2. Trade only with regulated brokers. No need to trade with unregulated ones, so rest assured, your deposit is safe and your profit will be guaranteed.
3. The interface is easy to use and there are several trading indicators that you can use, such as CCI, RSI, stochastic, MACD, candlestick trend and more.
4. This software will manage your risk automatically. The highest risk settings are called martingale, (we don’t recommend this to beginners). The classic method is recommended for most situations. That is if you set the risk to $10 per trade, then you will be losing also $10 for every single trade. Compared to martingale method, which could vary.
5. This software is available in whatever languages that you choose from.
6. Support is provided via email/support ticket. Cons: There’s a little learning curve here and newbies need to know a little bit before putting real money on the line. The good news is, there are several tutorials available if you search on Youtube.
Verdict about Automated Binary
Overall, Automated Binary is highly recommended. No, it is not an easy money because the settings are somewhat tricky to newbies. However, if you are looking for a real, automated software that works, Automated Binary is one of them.
3. Binary Option Robot
Well if you are looking for some of the best trading bots then you should think along the lines of choosing Binary Option Robot. Now there are various reasons due to which you should think on the lines of opting for Binary Option Robot.
The Pros you need to know
1. The trader is only required to deposit about $250. Now, this amount is quite affordable in comparison to the expensive trading bots that exist in the market nowadays.
2. Binary Option Robot offers a 100 percent deposit bonus. This means that he will have the genuine cash to look forward to if he decides to choose this system.
3. You can expect an accuracy rate of about 78 percent with this trading bot, so this should convince you that this trading bot is a good pick for you.
4. The best part is that Binary Options Robot is easy to use and an ideal pick for those traders who are in no mood to use the complicated bots.
5. Binary Options Robot does not have any hidden trading charges, so all you need to do is make a deposit to this system and start using it right away.
6. It offers a generous choice of the binary options brokers to the traders, so this gives the investor one more reason to choose Binary Options Robot.
7. The trader does not have to download this system, and it is readily available online.
8. Once you sign up with this system, you just have to visit the dashboard, configure the trading bot and start trading right away.
There are certain areas where Binary Options Robot can improve, and we will just look at these areas right here. – Currently, Binary Options Robot does not offer a demo. This is the only setback of this system. Well if Binary Options Robot does offer a demo then this will help this trading bot to win the trust of the traders, and they will be keen to choose this system.
Verdict about Binary Options Robot
Well, Binary Options Robot is an excellent pick and a great asset for a trader who is comparatively new to the field of trading.
Trading binary options by using automated software
Now that we have already introduced the best trading bots, it is time to look into another important aspect, and that is how to use these trading bots in a way to attain the maximum benefit. First of all, whenever you come across a trading bot make sure that you explore the software in detail. The website will give you a clue about how the trading bot works. However, if you are still confused then do not be hesitant to put up queries. This way you will have a clear perception when you decide to opt for a trading bot. Make sure that you put your emotions aside when you decide to start trading using a trading bot. Make sure that you opt for a demo account first. When you try out the demo account, you will be quite sure about the fact whether the trading bot is an appropriate pick for you or not.
Once you explore every aspect of the trading bot, then you will be able to develop your comfort zone with the trading bot. This will be the smart move on your part and save you from a significant amount of trouble that you may come across shortly. Now once you are satisfied with the trading bot to make sure that you research about the associated broker as well because eventually, you will be making a deposit to the associated broker. Go slow with your trading investments initially till you are well versed with the trading bot and know all about it. This way you will have less on the lines and will not have to worry about the losses that may come your way. The traders have one incorrect perception about trading bots. They believe that they will not have to struggle on their own if they have the assistance of a trading bot. Now, this is completely incorrect.
The trader needs to polish his trading concepts. This means that you should not get completely relaxed in the presence of a trading bot. Keep an eye on the market trends and map how the trading bot is using this aspect to your benefit. You should never become oblivious of the new marketing trends if you have the assistance of trading bot.
The reason is that this will hamper your growth and you will not be able to excel in the trading world for long.Remember that it is a myth that you can trade without any trading knowledge because it does not happen in the real world. For binary options trading knowledge is a mandatory requirement whether you are into auto or manual trading. In fact, you should be searching for new trading strategies as well so that you can get a better insight. This is the secret to excelling in the field of binary options trading. The struggle is the key to success. However, the trading bots mentioned above can help you achieve your goal so make sure that you select one of the best trading bots mentioned above and take your first step towards trading success.
Risk disclaimer: Trading binary options, although has a huge amount of rewards, but also carries a huge risk. This business model is not necessarily suitable for everyone. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose.