There are a lot of binary option robots out there but not all of them live up to their billing. Therefore, if you are intent on finding the best binary options trading robot, then BinaryRobot365 is a nice place to start.
BinaryRobot365 is a binary option trading robot developed in 2016 by a team of expert traders with extensive experience in financial trading. The robot has already gained multiple rave reviews since launching at the beginning of the year and has now established a membership of more than 5,000 users.
The service is offered at no charge, which means that there is no sign up fee required. In order to get started, all that is required is deposit funds in the binary options brokerages accounts and download the software.
It is good to note that BinaryRobot365 prefers working with regulated brokers, which is illustrated by the list of brokers it recommends to its traders on the platform. This provider recommends that traders sign up with EU regulated brokers.
BinaryRobot365 is also one of the few binary options robot service providers that consistently displays proof of results on their website homepage. The provider has averaged 83% win-rate since launching early this year.
Using the Software
RobotBinary365 works hand-in-hand with a list of EU regulated brokers. They include Banc de Binary, OptionWeb, StockPair, CherryTrade, OptionRally, and Tradorax. All that is required is to download the software and sign-up for an account with one of these brokers in order to start using the provider’s auto-trading service.
Next after signing up, traders must fund their trading accounts to begin autotrading. All that follows after this step is customization of the various filters to your liking. You choose which indicators, trading system, assets, and expiry periods to apply in your trades.
Then you select the autotrading option for the software to automatically place your trades based on signals generated by the filters you selected. Some of the notable filters in the software include:
Choosing the assets to trade in, selecting the technical indicators to apply when generating trading opportunities (amongst, the Trend Indicator, RSI, Williams Indicator, MACD, Stochastic Indicator, and CCI Indicator), and selecting the trading system to use (amongst the Martingale system, Fibonacci System, and the Classic system), among others.
Traders are also required to enter the amount to invest per trade before then choosing the option of whether or not to automate the trading process. After activating automated trading, the BinaryRobot365 takes care of the entire trading activity based on the filters applied.
So how do you determine which trading system to use?
BinaryRobot365 is designed in such a way that every trader, whether novice or experienced can find a place for it in their trading strategy. This has been facilitated by the provision of three trading systems, which are suited for different types of traders.
The Classic System: This system has been developed with beginners and novice traders in mind. It is used by traders only interested in applying simple trading strategies. The amount invested per trade remains standard regardless of the outcome of the previous trade.
Martingale System: This system is tailor-made for traders with experience in risk management tactics. It also requires traders with significant cash flow for investing purposes. Ideally, traders double the amount invested per trade after every losing trade until they record a winning trade after which the system reverts to the initial starting amount put by the trader. This is system is also used by traders who wish to grow their trading accounts quicker, given the success rate of their trades.
Fibonacci System: This is a rather more sophisticated trading system which requires traders that have a little more experience in binary options strategies. It relies on algorithmic trade sizes whereby the next trade amount is determined based on the results of the previous trade. For instance, if the previous trade was a loss, then the system reduces the next trade amount while if it was a win, the system increases trade amount.
BinaryRobot365 has demonstrated consistently a decent return on investment given its average win-rate of about 83%. The system is barely a year old, but has already managed to send thousands of signals in the process growing membership to more than 5,000. This indicates that BinaryRobot365 has a genuine return rate, which traders can look forward to.
BinaryRobot365 is free to use system, which means to subscription fee is required. However, traders are required to sign up with one the supported brokers.
Traders can contact BinaryRobot365 through the Contact Us page accessible via the provider’s website. BinaryRobot365 has demonstrated commitment by providing timely feedback on enquiries and requests since launching early this year.
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