Derivatives trading is growing increasingly popular around the world, and part of the reason is down to the development of increasingly sophisticated trading robots. To fully utilise their capabilities and maximise your returns, it’s a good idea to understand what binary options robots are, and why you should be using them.
What Are Binary Options Robots?
Stated simply, they are computer programs that find and execute the trades for you. The robot analyses the market in search of profitable trading opportunities. It uses a range of real-world data, and information provided by the user, to scour the marketplace for the most appropriate trades. The user controls a range of settings, including the maximum investment per trade, an overriding money management strategy and the specific type of assets that are to be monitored.
Before you choose a robot, which is usually part of a wider trading platform, you should check whether or not a subscription charge applies. There are some excellent free binary options trading software packages on the market, so you don’t have to spend a penny to get started.
The most popular automated trading software. OptionRobot logic is based on popular technical indicators for trading binary options – RSI, Bollinger bands, MACD and even Fibonacci. Minimum deposit amount with this robot is $250.Visit Website
2. Automated Binary
AutomatedBinary software is very close to OptionRobot. The main advantage is that it works with more brokers, than competitor, including such reputable brokers as Opteck, BinaryTilt and 24 Option. The minimum deposit with this robot is $250 also.Visit Website
3. Binary Options Robot
This automated software has more settings, than others. Users can choose the proper risk level (between 1 and 4), trading strategy and expiration time. BinaryOptionsRobot works with brokers, regulated by CySEC in Europe and ASIC in Australia – OX Markets (CySEC license №274/15), Binary Capital Markets (CySEC license №296/13), Vantage FX (ASIC license №428901). So may be it’s the most reliable binary options robot among all.Visit Website
Five Reasons to Use Binary Options Robots
The latest robot software packages make trading relatively straightforward for beginners. There are clear instructions, as well as demo modes that help you to get familiar with the various options available. You will also find excellent customer service support with the most reputable packages on the market.
Stay in Control
It doesn’t matter whether you’re new to binary options trading or an old hand, it’s always best to remain in control of your own trades. There are usually several customisation options, so only trades that suit your overall strategy will be displayed. And unlike trading directly with brokers the traditional way, trading robots allow you to have the final approval on all transactions.
Protection from Terms and Conditions
The most reputable trading robots on the market will offer Terms and Protections that keep your money as safe as possible.
Most Robots Are Free
You can now find several very effective binary options robots that are available to download for absolutely nothing. While there may be optional premium services available for an additional charge, the basic programs are often completely free.
A Range of Analytical Tools
Successful trading involves analysing historical data and real-time data. You can then forecast whether or not certain assets are likely to rise or fall in value of a specific period of time. To make the process of analysing huge amounts of data as easy as possible, the best robots offer a range of visual and analytical tools.
Binary options trading is not an exact science, and it has the potential to lose you money. But with automated trading software helping you to make the right calls at the right time, you can maximise your chances of securing a return on your investments.