Option Robot is an auto-trading platform started by software designers in Europe in 2014. It is advertised as the most trusted in the market with reliable broker compatibility. They believe this makes it stand out among other similar robot software. Option Robot does not overstate about the success you can get if you decide to use them for trading. They let you decide how you want to trade and with this in mind; you get different results from other people.
Option Robot is not a binary options broker hence another authority cannot license it. Despite this, it has several brokers licensed by other groups like the CySEC. Some of the binary options brokers that it is compatible with are as follows:
- Binary Tilt
It started in 2013 in London with Chemmi Holdings Ltd as its owner. Its minimum deposit requirement is $250 and a minimum trading size of $10. It has expiry times of 60 seconds, 90 seconds, 2, 3 and 5 minutes.
- Dinero Libre
It started in 2016 making it new in the market. It mainly focuses on South American clients. It offers expiry times of 60 seconds, 90 seconds, 2 minutes, 3 minutes, and 5 minutes.
- Stock Pair
It is one of the more recognized brokers. It specializes in pair options and binary options. It has expiry times of 60 seconds, 5 minutes, 10 minutes, 15 minutes, 30 minutes, and 1 hour.
- BDSwiss (Banc de Swiss)
It has its headquarter in Cyprus. It has a minimum deposit of $250 with 85% returns. It offers 60 seconds, 5 minutes, 10 minutes, 15 minute, 30 minute, and 1-hour expiry times.
It started in 2012. It allows trading in eight different currencies. It offers expiry times of 60 seconds, 90 seconds, 2 minutes, 3 minutes, and 5 minutes.
Option Robot Software Review
This automated software has two versions: the free version and the pro version. The free version limits you to certain features like having to use the Stock pair. Other limitations are like having five-minute trades, 3 trading indicators, obeying to a minimum amount per trade, two maximum concurrent trades, and only one binary options broker. The Pro version of this binary options trading robot software allows you to access more features like have higher minimum trade amounts, 7 concurrent trades, three binary options broker, varying breaks, and 8 currency pairs.
When you use both versions, you can be able to make use of three trading systems namely, Martingale, Classic, and Fibonacci. The Martingale system ensures that when you get a loss, it increases your trade amount and if you win, it resets your trade amount back to the original. The Classic system ensures that whether you lose or win, you will have the advantage of trading with the same amount. The Fibonacci system does the opposite of what Martingale system does.
The Option Robot software is user-friendly and easy to download. Even though the system may not accomplish its goal of 83 percent win rate, it still has a remarkable win rate. Its win rate can go up to around 70 percent.
OptionRobot is software is compatible with smartphones and tablets. It makes it easier for brokers to travel anywhere and be able to make trades on their phones or tablets. Traders who like to get notifications on their trades should know that there is no app accessible on Android or IOS to give them the notifications. They should, therefore, do their trading through mobile internet browsers.
The software has a live chat available on its website. A chat box opens up and it has an online chat advisor who is ready to help you with any queries. If you would rather use other means of communication, you can go down to the bottom page and choose “Contact Us” link. This gives you the option of either sending an e-mail or going to the FAQ’s to get answers for your questions.
The Option Robot platform is quite easy to use. It is very easy to find what you are looking for in the software. It has reviews of different brokers, signal indicators, trading systems, and even a demonstration of how the software works before you decide to start trading.
In the past, a binary options software like this one would be very appetizing. Yet, in recent years, systems like these don’t seem to have the same cache. There’s no verified trading results, and it’s almost impossible to find a trader that’s using it, and can prove their success rate.
It’s much like the BinBot Pro software we reviewed just a couple weeks ago.
There are lots of promises, but no real proof that the software is actually viable. Prove us that it works, and I’ll certainly change my mind.
Overall, Option Robot has a reputation for being one of the first big systems in the binary options market. Yet, as times have changed, we expect more from the software vendor.
We want to know why we can’t find successful clients, and we want real verified results.
Show us the money!