Binary Review Facebook Auto Trader

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  • Binomo
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Binary Review: Facebook Auto Trader

Today I’m looking at a new binary options trading program that’s trying to benefit from social networks an automated trading, Facebook Auto Trader. This system is developed and created by John Thompson, a man with no reputation in the binary options market that is promising traders a system can earn traders thousands of dollars on a daily basis.

There is no address for the creator or the offices of the software, and there is no way of contacting the vendor either. This is not a good sign.

For new traders, go to our Binary Options 101 guide and learn how to trade the right way.

Facebook Auto Trader Review

There is really nothing new or unique about this trading system, the Facebook Auto Trader follows the footsteps of many failed automated binary options tools that have come before it. The website is filled with outlandish claims and promises, that have a nearly impossible chance of being fulfilled.

It is also important to note that this product is not associated with Facebook in any way. In fact, I’m sure Facebook was aware of this product, they would take quick and direct action to shut it down.

The Team

The sales page shows 3 employees that play a significant role in developing and creating the software. There are 3 people, and these are their positions.

  • Visionary
  • Lead Designed and Developer
  • Customer Relations Director

All 3 of these people are supposed to have a major impact on the company, to ensure they’re going in the right direction and providing their clients with a level of service that is above the rest. Yet, if you do a quick Google search, you will find that all of the images being utilized for these employees are stock images that have been taken from other websites. This is not the worst thing in the world, but when you combine this with the other issues and get rich quick indicators, it’s quite clear that this is another element that can’t be trusted.

Trading Results

Instead of trading results, the creators of the Facebook Auto Trader rely on testimonials. These testimonials are supposed to be published publicly on social networks, with traders providing their experiences on both Facebook and Twitter. However, if you attempt to find these tweets or Facebook posts, you will find nothing.

Being as though Twitter is a public platform, we should be able to read every single one of these positive tweets but they don’t exist.

I believe the creators of the system are fabricating all of the testimonials, because they do not exist anywhere else online.

Best Binary Options Brokers 2020:
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    Best Binary Options Broker 2020!
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    Free Demo Account!
    Free Trading Education!
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  • Binomo
    Binomo

    Good Choice For Experienced Traders! 2nd place in the ranking!

Conclusion

I see no reason why anyone should sign up for a copy of the Facebook Trader. Generally, I provide much longer reviews, but in this case I really don’t see the point. It’s quite clear that the creators are just trying to pull the wool over our eyes and make a sign up for something that we don’t need. I don’t believe that there is a trading strategy associated with this product, and that it is just a shell being utilized to convert traders into clients and earn affiliate commission. Be very careful if you have signed up with this program, or if you consider signing up in the future.

Thank you for reading this review, and please feel free to message me personally or leave a comment for the rest of the community to see.

Robots and Automated Trading

The use of binary options robots – “bots” – and other automated trading software and apps has exploded in the last few years. Here we explain how a trading robot works and review the top services 2020, and list what you as a user need to know and look out for. We also show where to get a robot demo account to trial the service, and teach you to use auto trading software and tools.

The best auto trading service for you will be down to individual choice, so read on to get all the facts.

Top Robots and Auto Traders in Russia

BinBotPro Choose among 20 robots and compare them on past performance. Activate automated trading in only 3 steps. » Visit Binary.com Regulated broker with a tool for building robots, offering a large range of features. Exclusive $20 Free » Visit OptionRobot Free to join with flexible settings including indicators, expiry and methods. » Visit AutomatedBinary Free demo account and options for money management and algorithms. » Visit

How an Auto Trading Robot Works

Robot software and auto trading algorithms combine a signal service with automated trading. So the software will attempt to identify profitable trades, and will then place the trades automatically. This automated element takes signal services a step forward, and actually place the trades as well – rather than leaving that to the trader. These systems will have differing levels of risk management – from stop losses, to daily fixed spend limits. The automated element however, does increase the financial risk for traders overall.

There is also a growing trend for brokers to provide their traders with the ability to configure their own ‘bots’ or automated trading systems. These tend to simplify the the process, letting traders “drag and drop” technical indicators into their system. The best bespoke robot features also allow traders to run their robot in a demo account, in order to trial it risk free.

Brokers are keen to promote robots, because they create higher trade volume, and therefore reduce risk for the broker. They can be a great tool for traders too – but as ever in binary options – any promises of profits are an immediate ‘red flag’. Robots, like binaries themselves, need to be fully understood before use, and they are not a route to guaranteed profits.

Will a Robot Make You a Better Trader?

Sometimes. Trading robots will have swings, just like any other trading method. Likewise, the settings by which the robot is operated, might become less (or more) effective over time. So they will need to be constantly monitored for performance.

Automated trading without doubt increases risk – and binary options are already a high risk investment vehicle. But an automated bot running unchecked could rattle through a large number of losing trades, particularly where a news event impacts the market. An event that might make a human trader step back from the markets, is not going to stop an automated robot.

This extra risk can be managed to some extent. Many robots will have daily loss limits, and overall limits. They can also be set to stop if a certain level of profit is reached. Traders need to be aware of all the pitfalls however and treat bots with respect.

Reviews of Auto Traders

Binary Bot from Binary.com

Binary.com also offer the facility to design and run an auto trading robot. Long the broker for advanced traders, Binary.com now offer a range of ‘advanced platforms’ – one of which includes the Binary bot platform (Screenshot below).

This platform gives traders the ability to put together an automated trading system. As might be expected from this firm, the feature offers more depth than some of their rivals – again appealing to advanced users. The criteria available for putting together the algorithm offer greater choice than elsewhere. The process allows extra layers of complexity to built in, enabling users to get very specific about their trade ‘triggers’.

Binary Bot follows the Binary.com look and feel, which is fairly unique. The visual ‘fluff’ has been trimmed back, and replaced with more features and usability – typical of the brand. Read more about the platform in the Binary.com review.

Other Auto Trading Software

Auto trading software does require a small manual element in setting up, but once that is done – as the names suggests – the trading is automated. This form of trading is generally very similar to robot services. A trader using automated software will first setup the software based on the type of trading they are interested in. So the level of investment, the type of assets to trade and the level of risk. Once configured, the software can be left to place trades based on the settings given.

Signals – Essential to Auto Trading

In theory, signals and automated trading are similar. The difference being that when auto trading software spots a signal, based on data analysis, it will open a trade. A signal provider will simply highlight the trading opportunity, but leave the actual opening of the trade to the user.

Automated software therefore, generates signals based on the algorithms it uses, and will open and close trades based on those algorithms.

Copy Other Traders

There are also services that will allow trades to be opened based on a real-life binary options trader. Providers will offer a list of live traders, and publish their results. Users of the platform can then decide to copy those traders – choosing levels of risk and investment to suit their own needs. This kind of “almost auto trading” is called copy trading.

Robot and Auto Trading Scams

The automated nature of this style of trading is fraught with danger. If ever a trader hands control of their trading over to someone else, the level of risk grows hugely. Our scams page details some of the red flags to look for (including a list of scam services), but auto trading in particular attracts a lot of scam operations. Here are a few reasons why:

  • Novice Traders – Auto trading software is often aimed at novice traders, or people who do not have the time or knowledge to trade themselves. This group is perhaps easier to mislead, and they are therefore targeted.
  • Easy to blame the trader – Linked to the first point. Dishonest providers will simply say the software was misused, and therefore not at fault.
  • Control – If traders have put someone else in control of their trading, it is very easy to simply say the money was lost trading.

Warning sings of a scam will include a lack of transparency (results that are not verifiable), forcing users to use a particular broker, and the most obvious – the promises of guaranteed or very high profits. If it was easy, everyone would be doing it. Tread very carefully if proceeding with auto traders. The risk of scams is considerable.

7 Binary Options

Binary Today Trader is the latest binary options trading software claims to be designed for both novice and experienced to maximize their profits trading binary options without investing too much time and effort. Created by John Kane, Binary Today Trader promises its users a success rate of 70%, which is pretty impressive. Read ahead if you are interested in learning more about this system.

Basic information:

Cost: Free
Software: Signal Service
Max Returns: Up to 70%
Minimum Deposit: $149,99
Countries: All nations

– Educational Tools
– Fully automated
– Success rate of 70-80%
– Good variety of trading assets

– Does not offer a welcome bonus

7BO Verdict:

Reliable Service

Is Binary Today Trader a Scam?

It is quite easy to trade with Binary Today. The website seems legit and we did not find any information that aroused our suspicions. They are not regulated at this time, but we are getting positive feedback from other traders who have used this system.

How Much Does Binary Today Trader Cost?

The initial cost for Binary Today Trader system is $149.99 USD. You must pay the full amount upfront before you can sign with a broker. It is only after you have completed this process that you can begin trading.

How Does Binary Today Trader Work?

Binary Today Trader generates trading signals and sends you email alerts, MT3 alerts or push notifications if it finds a trade that fits your parameters, which you have to set beforehand. This software program will maximize your choice of profiting from trading while at the same time minimizing your losses. 70-80% seems to be the average winning ration which is similar to the rest of the binary options automated systems out there.

Binary Today Trader does not offer a welcome bonus. They do offer a variety of underlying assets including forex, commodities, indices, etc. You have the ability to stop the system from placing a trade if you do not wish to pursue it. You will need to put in a bit of your own effort into this system in order to make a profit. Automated trading systems can be very helpful, but they alone do not guarantee any winnings without a little effort on your behalf.

Binary Today Trader Results?

The system boasts of an extremely high rate of accuracy. However, they do not give us access at to which binary broker these trades have been executed, so we are a bit unsure if the Win/Lose ratio on this site is at all accurate. Binary Today Trader claims to update their results on a daily basis,

How to Get Started?

It’s really simple to get started with Binary Today Trader. Simply follow these steps:

Step 1: Enter your email address to purchase the software and register for an account so you can sign with a broker so you can begin trading

Step 2: Wait until the system generates signals and watch as it makes profitable trades on your behalf.

Step 3: Once you have earned a profit, you can withdraw your money and spend it how you see fit.

Special Features

  • 70 to 80% average winning ratio
  • Average winning ration of 70-80%
  • Generates live trading signals
  • Offers technical and historical analysis
  • Ability for 60 seconds trading

A lot of people have already signed with Binary Today Trader and have begun trading with the system. It does appear to offer a good amount of educational resources for new traders such as eBooks, webinars and training videos. All of your questions and concerns are addressed by the experts on their customer support team, who are have been very responsive to our previous inquiries thus far.

Final Conclusion

Binary Today Trader does offer quite a lot of features and educational resources and is helpful for those who are new to binary options trading. There is an upfront cost of $179.00 to access the software, but traders can easily earn this money back once they start to profit from trading. If you are looking for a reliable automated trading system with good educational tools, then Binary Today is a good place to start.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!
    Get Your Sign-Up Bonus Now!

  • Binomo
    Binomo

    Good Choice For Experienced Traders! 2nd place in the ranking!

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