Option Robot gets our #1 recommendation – since 2016 until this review is updated, July 2017
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.
- Based on our personal test, this software gives at least 86% ITM, which is quite good.
- You can test this software even on mobile phones.
The brokers for the Option Robot
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.