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Best Binary Options Robots: Binary Robot Auto Trading Software – Binoption
Binary Options Robots and Autotrading Software have helped thousands of traders to invest in trading more efficiently. Bringing approximate 80% of profits by using binary option robot is possible. On the other hand, each Auto Trading software has unique and interesting trading features.
Trying all auto trading binary robot is quite impractical because it’s hard to find free binary option robot. Moreover, we found that some people are confused to trade Binary options for lack of proper knowledge, improper market analysis, trading asset values, and others.
Reality is, binary options trading is easy and simple to understand. For its unique characteristics, binary options are a popular choice for low-skilled traders.
Binary options auto trading came at the market as a blessing; not only for busy traders but also for others. However, before entering into the financial marketplace, you should have a basic concept of what is binary options trading.
Similarly, we suggest you know the profitable ways of binary trading to minimize the trading loss. At the same time, it is a dream for every trader to find out a perfect and profitable automated trading that guarantees profits.
Here, we will recommend you the best binary options robots and auto trading software that is web-based, trustworthy, and support a good range of reputed brokers.
Binary Options Robots & Auto Trading Software Comparison
|Robot Name||Price||Min Deposit||Features||Rating|
|Robot||Read Review||Visit Site|
What Is Forex auto Robot?
The Forex Auto Robot functions within an automated trading system which enables traders to make a profit without having to possess extensive knowledge of investing and trading on the financial markets. Within such a high quality trading system, traders are able to execute a variety of trades through the use of different techniques, without having to monitor or watch the market non-stop. Undoubtedly, this makes it much easier to manage different trading accounts, compared to having to manually manage them.
Best Forex Brokers:
Automated Forex & CFD Trading
With the growing popularity of Forex trading in the recent years, new brokers and online trading platforms have been constantly emerging on the market. This has made the financial markets accessible not only to banks and large financial institution, but to individual traders as well. As Forex trading has been attracting more and more people with advantages like low initial investment, flexible trading hours and the opportunity for significant profits in a relatively short time, Forex and CFD trading brokers have started developing innovative solutions for an easier, more profitable and time saving trading experience.
Such a solution is the automated Forex trading, which enables even those who have little or no knowledge in the field of finance or economics, to trade successfully. The automated Forex robots are based on complex algorithms that analyze huge amounts of data, monitor the markets and execute trades automatically. This is especially useful for novices because it minimizes the risks of losing money due to lack of experience, impulsiveness or uncertainty.
However, advanced traders could also benefit from using auto Forex robots, because the best automated trading systems have numerous customizable options and after setting the parameters the software will execute trades according to the trader’s preferences. This not only provides great flexibility, but also saves a lot of time and you don’t have to sit in front of the computer for long hours studying complicated charts and analyzing market trends.
Furthermore, the auto trading software is able to spot more profit-making opportunities and execute more trades than a human trader possibly can, which makes managing different trading accounts much easier and enables you to reach a much larger trading volume. Another extremely helpful advantage of the auto Forex robots is the fact that they eliminate the mistakes caused by rash emotional decisions and allow traders to achieve optimal results.
There are many benefits to using the Auto Forex Robot, especially for beginners in the world of Forex and CFD trading. This definitely beats having to stare at your computer screen the whole day long, as you attempt to figure out all the various charts and terms that are involved in the Forex trading process.
Does the Forex Auto Robot work?
With the Forex Auto Robot, it is now possible to profit from Forex without even having to trade yourself. You may even use this Auto Forex Robot to execute trades on your behalf while you are at work or out playing sports. One of the key advantages of the Forex Auto Robot is that it is able to spot more opportunities than you can. In addition, a fully automated system is also likely to be able to manage more trades than a human trader possibly can. What’s more, this automated trading system is not susceptible to the same follies of human psychology.
“I was pretty sceptical at the beginning because let’s face it, it is hard to confide your money to some machine, you are not even sure if it works. But after two days of almost constant winning I took a deep breath and I was calm that I made right decision”
“Forex robots were like a shock to the industry, especially for traders like me, I have made my own trades for more than 3 years now. It is not easy to follow the market, the changes and everything, till now.. I feel way more free of charge since I bought my Forex Bot. It is not perfect, but I have the same winning ratio as before, so it is good for me and my free time.”
Benedict, Hannover – Germany
How does Forex auto Robot work?
The Forex Auto Robot software is very simple to use and offers signals that are highly profitable. The best thing to do while using the Auto Forex Robot to trade is to familiarize yourself with all the various trends, volume movements and underlying asset prices. You may do this through the analysis of charts, as well as the varying price movements that occur on a daily, weekly or monthly basis. During the auto trading process, payoff actions are typically all or nothing, no matter the time when the option is set to end. This is why it is important to be able to interpret the meaning of price movements.
Another key benefit of the Forex Auto Robot automated trading system is that traders do not have to be present all the time, as they are able to take advantage of the system both during the morning and at night. This is a great advantage to individuals with busy schedules and who are not able to be physically present at all times.
The risks involved in this automated trading process are also reduced due to the fact that investors are able to utilize multiple buying or selling systems that feature various time frames or indications. Moreover, there is no psychological trading involved, which means that traders do not have to be stressed out at all times, which enables them to make wiser trading decisions.
Types of Automated Forex Trading
Automated Forex trading systems have been attracting more and more traders lately because of the many benefits they offer. The auto trading software is easy to use and enables traders to profit from Forex without having to execute each trade personally. There are two main types of trading robots available on the market. The fully automated robots use complex algorithms to collect and analyze market data, generate signals and then spot and initiate trades. The number of customizable settings is different for the various robots.
The trading systems, which offer fewer parameter to set are probably more suitable for novices and traders with little experience on the Forex market because they could get confused with many different options to choose from. Advanced traders, however, would benefit more from having a variety of settings at their disposal because that would give them the opportunity to optimize their results and achieve better payouts. The other main type of auto trading systems are those that provide signals, which could be automatically generated or provided by experts in the field of Forex trading, and allow traders to place the trades manually. In this case, however, it would be necessary to monitor the markets in order to follow the trends and movements of asset prices, which means you would need to spend time studying and analyzing charts and graphs.
Therefore the fully automated trading would be more suitable for people with busy schedules who are looking for an efficient and time saving trading experience. Some auto trading robots provide both fully automated trading as well as the option to open positions manually and these are probably the best choice, but it ultimately depends on your individual needs and goals which type of automated Forex robot would suit you better.
Is Forex Auto Robot a scam?
To answer this, we first need to take into account the fact that there are 2 types of automating trading systems available on the market today. The first is the fully automated robotic trading in which a computer algorithm programmed into a trading system spots, sets up and initiates trades. Depending on the particular product, you may or may not enjoy control over the parameters of the system. Otherwise, the system in hands-off.
Pro Tip: Some Forex Robots are much better than the others. Make sure you choose the best one! We have reviewed more than 300 Forex Robots. Check out why we do not recommend them and their disadvantages:
The second type of automated trading is the signal-based trading in which an algorithmic program sends trading signals to you and you make the decision on whether to place a trade or manually execute it yourself. In certain instances, an actual person will send the signals as there are many people who offer this type of service.
While scammers are currently focused intently on the Forex market, the good news it that the Forex Auto Robot is a good service which has been proven to work well.
Best Forex Automated Trading
One of the best Forex automated trading systems available on the market today is the Forex Robot, which provides a comprehensive and secure trading suitable for both novices and professionals. The Binary Option Robot is one of those auto trading systems that offer numerous customizable settings to give traders unparalleled flexibility and unique control over the way trades are executed.
In addition to the auto trading software, the Robot provides signals with a high accuracy rate based on the data gathered and analyzed by a sophisticated algorithm and traders can choose from a selection of signal sources. The interface has an intuitive layout and is easy to navigate, which allows traders with various levels of proficiency to quickly get familiar with all of the platform’s features. For more convenience there is an instructional tutorial to help traders set their preferences and it can be replayed as many times as they like. This is especially useful for beginners who might feel a little confused with the large number of customizable options. The parameters you can set include the amount of money you want to invest in a single trade, the maximum number of trades to be executed per day as well as the maximum sum to be invested per day. There is also the Reverse Trading feature, which allows you to trade in the opposite direction of the signals.
Invest.com Review and Tutorial 2020
|Traders in Russia welcome|
|Invest.com Facts & Figures|
|Instruments||CFD, Forex, Crypto, Stocks|
|Mobile Apps||iOS, Android and Windows|
|FTSE Spread||2 pips|
|GBPUSD Spread||1.4 pips|
|Oil Spread||0.06 pips|
|Stocks Spread||0.2% Var|
|GBPUSD Spread||1.4 pips|
|EURUSD Spread||1.1 pips|
|EURGBP Spread||1.8 pips|
Invest.com have ceased offering online trading of any description. To view a list of the best online brokers, in your region, visit the brokers page.
Invest.com was founded in 2020 and has grown in the last three years into a well-established CFD broker. Their slogan reads ‘smart investing, made simple’. This page is here to put that slogan to the test. This in-depth Invest.com review will consider the platform, apps, fees, regulation, features, account types, and more. The page will then offer a final verdict.
A Brief History
An Israeli venture capital firm by the name of Singulariteam took control of the domain name in 2020. It brought with them an affiliate, in the form of Renren, the Chinese social network. A quick look at Invest.com Crunchbase shows that together they invested $20m into the new platform.
That investment has brought with it more than a clean new logo. Operations have expanded across the globe. Invest.com now offers a multitude of trading features to day-traders from all over. It’s headquartered in Limassol, Cyprus and more importantly, it’s regulated by CySEC, but more on that later.
Minimum Initial Deposit
Let’s cut to the chase. What is the minimum initial deposit you will need? The amount will vary depending on payment method. However, for e-wallets, it’s $100. For credit cards, it’s $250, and for bank transfers, it’s $500. The variation in charges is mainly down to the processing costs of different payment methods. However, there are other brokers out there who offer minimums as low as $50. So, this may deter some first time traders.
It’s also important to note that whether you’re day trading on Invest.com for futures, forex, bitcoin, crude oil, or natural gas, the minimum requirements will not change.
Spreads & Commissions
Many customer reviews of Invest.com will disappointingly point out that the spreads are not fully disclosed upfront. You get access to two different platforms (more on that below). The ‘Simple’ platform offers some of the characteristics of options trading, whilst the ‘Pro’ version provides a more classic trading environment.
Unfortunately, Invest.com has variable spreads on the ‘Pro’ version which leave a lot to be desired. They are significantly worse than the current industry standard. For example, the EUR/USD spread has been found to be as high as 5.2 pips. Normally anything above 2 pips is considered high.
Another essential component of any Invest.com review has to be leverage offerings. The greatest leverage on offer is 1:200. Although, the initial leverage is 1:50, in line with CySEC regulations. This is fairly industry standard. However, if you go elsewhere you can find brokers that will offer up to 1:500.
It is worth highlighting though, that if you’re new to trading, opting for low leverage is often a wise decision. This will prevent you taking considerable losses. CySEC enforced a 1:50 leverage rule specifically to protect new traders.
Other Trading Fees
As a day trader making a high volume of trades, fees can quickly add up. You may have seen in Invest.com news that they’ve tried to make their fee structure as transparent as possible. Invest.com is following the ‘two and twenty’ structure often seen in hedge funds. This means they charge you a flat 1.5% annual fee for accounts under $10,000, and .99% fee on accounts over $10,000. You will then pay 15% on profits.
Day traders have the choice of two trading platforms for CFDs and Forex. The first is called ‘Simple Invest’ and the second ‘Pro Invest’. You’ll benefit from a selection of over 60 common underlying assets for trading currencies, shares, indices, and commodities.
With the simple platform, you get a clear break down of all the CFD instruments available.
Once you hit the ‘invest’ button the potential actions are presented and you can select which one you’d like to go for, such as ‘up’ or ‘down’. You’ll also see a small chart area with time frames ranging from 5-minutes up to 1 month. You’ll also get a newsfeed and information about the asset in question.
Whilst some platforms display investment rates that are generated by derivative values of market prices, at Invest.com you get real-time market rates. In addition, you’ll never be trading against your broker. This means you don’t need to worry about the price manipulation associated with some unregulated brokers.
The ‘Pro’ version offers advanced charting and over 100 technical indicators. The charting package comes from TradingView. This is a highlight of the Invest.com review. TradingView is widely agreed to be one of the best and a worthy competitor of MetaTrader4. You can choose between bars, candles, hollow candles, line, and, Heikin-Ashi charts.
There are generous customisability options, plus the platform is sleek and straightforward to navigate. It takes just a couple of clicks to bring up oil price, for example. You can also reverse, double your position, and close all trades with a single click. You’ll also benefit from the liquidity you’d want to see in your platform.
On top of that, you get an Invest.com economic calendar in the form of a news feed. Just click the ‘Financial Updates’ button. You’ll also get market commentary along with the news.
The ‘Simple’ version is perhaps best for novice day traders, and the ‘Pro’ version will tick most boxes for experienced traders.
However, whilst the platform is relatively reliable, it does lack in some areas. Other more sophisticated platforms offer enhanced functionality and additional features.
Both versions of the web-based platforms also come with mobile apps, which can be used on both iOS and Android devices. When you place an order you are faced with a simple panel that allows you to enter in the parameters of the deal.
This technique of applying risk management, however, is not ideal. Normally you would pick a level on a chart. This will show you whether your trading idea is valid and determine the position size, based on the distance to both their entry point and account balance. However, with the Invest.com app interface you have no such option. This makes implementing effective risk levels trickier.
It’s also worth noting that most Invest.com app reviews from customers point out the ‘Pro’ trading app is what most brokers deem a standard app. So, their app offerings will suffice, but by no means do they go above and beyond.
Methods of Payment
If you’re using Invest.com from the UK, US, Europe, or anywhere else, you need to be able to deposit and withdraw money conveniently. Invest.com score well in this area. You can use any of the following payment methods:
- Debit cards
- Credit cards
- Bank transfer
This means wherever you’re based, transferring funds should be a walk in the park. Really, it’s only Bitcoin users that are left out, for now.
A strong point of Invest.com is their demo account. This is a totally free practice account, ideal for beginners looking to get familiar with the markets. You’ll receive $10,000 in simulated money, plus you don’t have to worry that the results you see are manipulated. Unfortunately, some brokers have been known to fiddle with demo account results to encourage you to start live trading with them. However, because Invest.com is regulated by a reputable body, this is not an issue.
With the demo account on Invest.com, you can trade gold, silver, and a whole host of other assets. Plus, the rates are in real-time and you can match them with rates from the financial markets. This means you know the results you achieve with their practice account can be replicated in live mode.
There are a number of other advantages this review of Invest.com has found. These include opting for investment strategies and portfolio advisers, plus automated account trading.
You complete an online survey to establish your risk tolerance before you join one of seven investment strategies. They will ask about your age, net worth, and how much time you would like to invest. These strategies then use CFDs to bet on stocks and other assets. The strategies are as follows:
- Daily Trend
- Divorcing Pairs
- Smart EU Indices
- Smart US Indices
- Momentum Algo
- Calm Algo
- Smart APAC Indices
The strategies above are totally free. You’ll also benefit from the detailed explanations of how they can help you. The break down will cover their effectiveness, risk, and the assets they are most commonly used with.
This is a topic that divides opinion amongst traders. Invest.com have managed accounts which see a professional money manager oversee your capital. Whilst you do still own the funds, in theory, these accounts will tailor portfolios specifically to your needs. You should not confuse these accounts with Expert Advisors.
However, as Invest.com customer reviews have highlighted, there are a couple of issues. Firstly, using such a system will bring with it its own set of fees. These will vary depending on what you choose to trade and in what volume.
In addition, there are concerns over conflicts of interest. Some feel that strategies used by Invest.com trade too often. This allows them to generate greater revenue via commissions. Giving Invest.com such control with a blatant financial motivation to excessively trade should make customers proceed with caution.
Safety & Security
Invest.com security is high. In an era when some traders have lost serious capital to scams, prioritising security is sensible. Any review of Invest.com would be impressed with the most advanced SSL encryption they use to protect your data and personal information. They routinely update their systems to ensure they are employing the most intelligent fraud detection systems.
Head over to Invest.com LinkedIn and you’ll see they are proud to be licensed in Europe by the CySEC Securities and Exchange Commission. Their license number is 262/14.
Too many day traders have fallen victims to online scams. That is why brokers today have to be regulated by credible bodies, such asCySEC. Such a reputable regulator allows you to relax in the knowledge your capital is secure.
CySEC has made promising steps in recent times to monitor the behaviour of brokers under their watch. They have cracked down on broker bonuses that can tie customers in. They have also enforced more prominent risk warnings.
The Invest.com CEO has also ensured they remain within ‘segregated accounts’ guidelines. This means the broker cannot freely access your funds. Specific protocols have to be followed before funds can be transferred.
All CySEC regulated brokers must also take part in the local investor compensation scheme. This protects customers from brokers going insolvent. The scene will cover investments of up to €20,000, per account.
So, it would be unfair not to mention in this review of Invest.com that they have taken appropriate steps to stay in line with regulations and to ensure they do not misrepresent any of their products.
Invest.com Trading Hours
Invest.com trading hours are in line with competitors, so you can trade between the following hours:
- Currencies – Sunday 21:10 to Friday 21:10
- Commodities – 22:05-20:55 daily, from Monday to Friday
- Indices – 22:05-20:55 daily, from Monday to Friday and 06:05-19:55 daily, from Monday to Friday (DAX 30)
- Equities – Varies depending on the instrument in question, but in line with competitors.
- ETF – Monday 13:31 to Friday 13:31
Contact & Customer Support
Invest.com customer support is strong. Customer feedback shows they reply to queries as quickly as possible and extend numerous support channels. Their email address is [email protected] and the phone number from the UK is +44 203 608 8025.
Alternatively, you can write to Invest.com. The address is, GS Sharestocks Ltd, 1 Chrysanthou Mylona and Griva Digeni Street, Panayides Building, 3030 Limassol, Cyprus.
Part of extending their global reach and being accessible is offering their platform and support in a number of languages. So, their website is available in English, Spanish, Arabic, French, Polish, Russian, Slovenian, and, Bulgarian.
Top Binary Options Broker 2020!
Best For Beginners!
Free Trading Education!
Free Demo Account!
Get Your Sign-Up Bonus Now:
Only For Experienced Traders.