Binary OptionRobot Software review: is Option Robot a Scam?

optionrobot review

Option robot review

Every human being wants to make a lot of money. However, some experts believe that it is quite difficult to achieve tremendous success on their own. That is why automated systems for trading binary options periodically appear on the modern financial market. Among them, this machine is one of the popular applications

This project is a free service designed for binary needs. It first became known in 2016. The software is available 24/7 in real time. Moreover, the developers offer to download their software for Android, iOS and other mobile operating systems.

To start your way here, you just need to go through a simple registration procedure on the official website and make an initial deposit of $250. The algorithmic program is ideal for beginners. With the help of the developed mechanism, the player will be able to learn to analyze crypto signals and calculate the most effective scheme using the example of transactions made by the bot.

The robotized system recognizes successful crypto signals with an accuracy of up to 78. Impulse reliability is influenced by the type of contract. For example, long-term deals increase the chances of getting the maximum accurate prediction.

Optionbot

This system is one of the newest of its kind, which independently generates crypto signals and makes transactions based on them automatically. All actions are performed directly on the user’s account, which is connected to it. This mechanism is designed like a browser, easy to use and has a clear interface. It is ideal for those who value their time and are afraid of missing a chance to react quickly, because after making all the necessary settings the robot will automatically perform the desired algorithm of actions and bring the desired profit without any additional action of the owner of the deposit.

It is very easy to work with them, because the registration takes only one minute. After depositing money in your account you will be able to adjust the system for you and your own strategy, select “Start Automatic Trading” and the broker, and start enjoying the results! On average, deals here are crowned with absolute success in 83% of cases.

binary-option-robot-review

Signing up is easy. The registration process consists of only 3 steps:

  • entry of personal and contact information;
  • account activation;
  • Clicking the “Automated Trading” button.

Registration is simple, you need to specify in a special form:

  • name and surname;
  • cell phone number;
  • account currency – dollar, euro, bitcoin or litecoin;
  • email address and password.

Tools for working

A wide list of technical indicators is available on their web portal, including:

  • MACD. The simplest tool, based on mathematical algorithms. It is used to provide information about the dynamics of price quotes movement. It uses bars that have been taken from the history of transactions to provide an extremely accurate analysis.
  • RSI. The most accurate indicator, which is designed to display the moment of trend reversal. Its peculiarity is the possibility to determine the strength of price movement.
  • Stochastic. The most popular oscillator which is used for getting data about price placing on those levels where there was an overbought or oversold asset.

binary options robot review

  • Williams. A simple but effective Williams Percent Range Oscillator, which is designed to broadcast information about the overbought and oversold points of assets. It is similar to Stochastic, but differs in the inversion of the scale and the lack of possibility to smooth the moving average data.
  • Trend. The trend indicator is a classical and the most accurate tool for determining the direction of price lines.
  • CCI. The most profitable binary oscillator, which is used to demonstrate the commodity channel index. This technical tool is needed to determine trend reversal points.

How to start earning on automatic process

The program is based on a mathematical algorithm that is used to analyze asset price trends. All the basic work is done on the candlestick chart with the establishment of certain settings. After creating an account, the user needs to choose a demo or real account.

In the personal area of the site, the user has access to various functionalities. The regulation of the program will help to personalize the process. The following parameters are offered for setting up it:

  • Expiration time. The service offers the following expiry times: 60 seconds, 5, 10, 15, 30 minutes and 1 hour.
  • Method. The robot offers three ways for money management: Classic, Martingale and Fibonacci systems.
  • Strategies. To recognize signals for transaction opening, such indicators as TREND, RSI, WILLIAMS, MACD, STOCH and CCI can be used.
  • The cost of the 1 lot. The size of the lot may vary from 5 to 500 dollars.
  • Number of simultaneous deals. A users can make from 1 to 8 bets at a time.

It offers the following assets:

NameView
Currency pairsEUR/AUD, EUR/USD, GBP/USD, USD/CHF, EUR/JPY, USD/CAD, AUD/USD and EUR/GBP;
CryptocurrenciesBTC/USD, LTC/USD, ETH/USD and VSN/USD.

Ways that you can use:

  • The classic system, which is considered the most reliable and safe
  • The Martingale system is considered the most reliable and safest.
  • The Fibonacci System is the most accurate of all systems.

optionrobot trade types

In spite of the automated nature of this process, it has gained the trust of many brokers and fans. The good thing about this system is that you do not need to install or download anything, since it is compatible with modern operating systems such as iOS, Windows, Android, etc. A simple registration is all you need plus a couple of simple manipulations with the process settings. There is no fee for using the system. Support is available in various languages 24/7.

Advantages and disadvantages of the robot

Before you start working here, it is advisable to familiarize yourself with its main advantages:

AdvantagesDisadvantages
Full automation of the bot. The program manages the account on its own, even if the user is offline.no access for guys from Russia to use;
There is no need to download and install. The application works in browser mode, so you only need to register on the website.high minimum fee for work on a real account;
High productivity. The system reacts quickly to market changes, which leads to opening positions without price slippage.absence of advanced settings;
The robot is considered a prescribed strategy, so it can adapt to any financial market conditions.English-speaking customer service.

Is it a scam?

Their terminal has a list of robots that deal on behalf of the user. Each robot follows its own tactics. The guy can choose the bot he considers the best. In addition, speculators have the right to create their own robots based on their own requirements and preferences, but they are all regulated and this is not a scam.

Working “under” three brokers, this robot actually copies the conditions they offer. This explains some differences among the tools used, changes in the minimum bet (from $0.1 to $5) and methods of depositing to the wallet. If you study all the information: review, characteristics and reviews of positive/neutral users, you can conclude that this resource fulfills its obligations.

Promised percentage of profitable transactions at the level of 80-90%, you can track your transactions.This proves that this is true one.

binary optionrobot review

Users of the resource get access to the following tools:

  • Currency pairs;
  • Binary options;
  • Cryptocurrencies;
  • Raw materials and metals.

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