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Lets start with some of the advantages that this robot offers to its users.
- Ease of use and its exceptionally unique offerings
- Trade even when we were not online and actively trading
- Set the maximum number of trades per day
- Set the maximum exposure as to how much you are willing to risk.
- Set the level of maximum daily loss you are willing to accept.
- Set which assets you want to trade
- No download required
- Chat Support available
- Works with many brokers
As you see the configuration allows us to manage our trading strategy like we would be the ones trading and not a robot.
The setup is intuitive and relatively easy, if you get stuck then there is enough support to get you through it. There are tutorials available as you see below and there is an online chat service that will help you when you get stuck and don’t know any more what to do. Still this most likely will not happen as the process is really easy and if you are unable to do this then maybe trading online is not the right thing for you to begin with.
How does the program work?
The software is using an advanced sophisticated algorithm that uses the historical data of the market in order to predict the current and future activity and directions of those markets. When then certain triggers are activated that are conform your settings of the parameters and the market opportunity, the trade will be opened according to your restrictions. In short .. Smart machine that learned from the past what the future will bring.
BinaryOptionRobot offers their software for free.
This of course does not mean they do not get paid, since they work with certain brokers they provide the brokers with new traders that want to use the software , and for this they get paid. You have the option thou, to open a VIP account. This account gives you a few more features that you will not get with the free version.
To receive this a VIP account status, you are required make a deposit within the next 48 hours after you registered or you can refer a friend with a special referral link. This will grant you and your friend the VIP status for 2 months.
there are several Brokers that allow you to work with this robot