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OptionRobot Review

OptionRobot Review
Ryan Collins
OptionRobot is a new auto trading software that was noticed on the market. There are many robots for the automated trading present today, but not all of them are good and worthy of recommendation. OptionRobot review will give traders an insight into what trading with this broker looks like. Binary robots have become increasingly popular... Read more
OptionRobot is a new auto trading software that was noticed on the market. There are many robots for the automated trading present today, but not all of them are good and worthy of recommendation. OptionRobot review will give traders an insight into what trading with this broker looks like. Binary robots have become increasingly popular as more and more traders prefer automated trading. That is also the basic role of OptionRobot. Traders don’t have to get a vast education before trading. They have to register with OptionRobot and can start trading immediately. In OptionRobot review traders will find all they need for making a good trading decision and decide whether or not they want to use this robot in the first place.
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  1. OptionRobot Broker review

    OptionRobot is a new auto trading software that was noticed on the market. There are many robots for the automated trading present today, but not all of them are good and worthy of recommendation. OptionRobot review will give traders an insight into what trading with this broker looks like.

    Binary robots have become increasingly popular as more and more traders prefer automated trading. That is also the basic role of OptionRobot. Traders don’t have to get a vast education before trading. They have to register with OptionRobot and can start trading immediately.

    In OptionRobot review traders will find all they need for making a good trading decision and decide whether or not they want to use this robot in the first place.

  2. OptionRobot Special features

    In order to trade with OptionRobot, traders should have an account opened. This can be done fairly easy, or at least it seems so. When filling an online form for registration, the trader will have to provide some basic information and select a broker. However, FBO team wasn’t able to finish the process as there was an error on the website. If this issue isn’t fixed soon, many traders won’t register with this robot.

    It is somewhat unprofessional and unreasonable that the most important part of the website is not working. Who knows how many traders lost the will to try auto trading thanks to this mistake. Things like this shouldn’t be happening.

    Brokers on OptionRobot

    There are several brokers available on the OptionRobot, but it is very unfriendly towards the user that they have to make their choice immediately, during the process of registration. The minimum deposit is $250, but OptionRobot review found out that in FAQ’s they recommend $500 deposit which is the very high amount for beginner traders. The way it looks from trader’s perspective is that this binary robot is not successful and profitable enough to promise profit even with some smaller amounts. More experienced traders won’t find this fact unsettling, but beginners definitely won’t appreciate that statement. All traders who are already using services of some of the brokers available won’t be able to trade automatically on the existing account, but will have to open a new one, only for auto trading.

  3. Your capital might be at risk

    OptionRobot Trading Software

    OptionRobot review found out that this product is dedicated to the automated trading of binary options. However, the website failed to explain how the trades are placed and trading signals generated. It is completely understandable that some things should remain hidden from the eyes of the competition, but traders have the right to know. Some basic information, like is it based on human generated signals or algorithm signals remains unknown.

    Whan of the most worrying things regarding OptionRobot review is that it seems how, once the trading starts, the trader has very little place to maneuver and do a proper money management. All they can do is set the amount, indicator, and trading method. This may seem all fun and easy, but the trader should have control in every moment, and have even more customization possibilities for more effective money management.

     

  4. OptionRobot Support information

    In case the traders manage to open an account with OptionRobot, they will be happy to read all tools and features explained in OptionRobot review. This binary robot has a demo account with $1000 virtual money. That amount is really symbolic and could be much higher as the money is not real and doesn’t cost the company anything.

    Traders can select among three strategies offered. One of them is a classic strategy that is supposed to be safe and reliable. They claim that it is the classic strategy that is used for binary trading. However, it is not explained and remains a mystery to traders.

    Martingale strategy is the second strategy offered. This is the riskiest strategy and is very rarely recommended, especially for beginners. The last one is Fibonacci strategy and it is based on selecting the trade amount, all depending on the way the profit goes. It is important to notice how these strategies are very poorly explained and beginners will find it difficult to understand. As there is no educational section, traders must figure them out all by themselves.

    There are also some indicators available like trend, RSI, Williams, MASD, Stoch, CCI. They can be very useful when properly applied, but again, they are not explained and traders won’t know how to use it.

  5. OptionRobot Banking and company information

    OptionRobot review showed that this auto trading robot has some interesting features and that it is really auto trading software. Unfortunately, it is more oriented towards experienced traders who already have a good set of skills and vast knowledge. Some technical issues, like the fact that it is impossible to finish the registration, can cause some suspicion. Such problem is unacceptable for longer periods of time.

    The only customer support available with OptionRobot is email. This means that users always have to wait for an answer. As there is no live chat, traders can’t count on immediate help and quick fixes, but have to patient. In binary world time is money, and traders sometimes don’t have time for emails.

  6. Your capital might be at risk

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