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Binary Robot 365 Review – Automated Trading
This is an in-depth review of the BinaryRobot365 trading service based on automated trading on user accounts.
Trading robots are based on computer algorithms used for technical analysis and trading on financial platforms. Algorithms are sets of specific rules and responses based on automatic and predefined calculations.
Trading robots are nothing new in the financial world. In fact, they been in operational on Wall Street for well over a decade, for moving huge sums of money in the markets.
Frequency trading is another example where automated calculations combined with a set of implemented specific instructions allows robotic trading on multiple assets within milliseconds, something that would be impossible to accomplish by a human trader.
Today, almost every big Wall Street name is chasing AI robot technologies where AI will program and adjust automatically the algorithms used in such trading robots. As expected, JP Morgan is heavily involved. (read FT article)
Can robots trade better than humans?
The main premise behind robot trading is that it can do it better than humans, or at the least, most humans. Although there is definitely some truth to that for binary options, not everyone will agree. Some traders believe that in specific trading strategies human input is simply irreplaceable.
However, that fact remains that there are many advantages of robot trading. Some of the main advantages include:
- Robots have no emotions, which is why they don’t make decisions based on greed, fear, or hope.
- Robots are very precise, which is why they are perfect for financial trading.
- Robots don’t forget and they don’t get tired.
As humans, we experience many emotions which hinder our progress as a trader. Greed, fear, and hope have been the underlying cause of downfall of many traders, even those with many years of trading experience. Why? Because emotions influence and dictate our actions to a great extent and it’s difficult, if not impossible, to turn them off completely.
When a trading robot is programmed correctly, it will execute its strategy and rules very quickly and very precisely. Speed is essential in successful trading and indecision can lead to many missed opportunities in the markets.
Think about how many times you have missed a trade because you were unsure if your analysis was correct? Trading robots don’t hesitate and they don’t make any errors either, unless they are programmed incorrectly or inadequately.
People make mistakes all the time. And the more tired they are, the more mistakes they tend to make. They forget to consider things in their analysis which can have disastrous effect and expose them to greater risks.
Robots don’t forget anything, each decision is verified by examining all the parameters that are programmed into the system. They also never get tired doing all the calculations of each trade. They can analyse and trade round the clock, seven days a week and with the same intensity.
BinaryRobot365 – Does it work?
Before we delve into the BinaryRobot365 company and its structure, let’s see if the platform delivers on the promise. Trading binary options using automated robots can have its advantages and it seems that the designers of the system thought about them a great deal. It’s no wonder it is one of the most popular robot trading service.
They created a platform which allows users to very quickly and efficiently connect the trading robot to a live (or demo) account with a binary broker. This allows the robot to execute trades on user accounts without the need for any user participation. Their online system syncs their robot to the broker and it trades on the user’s behalf.
Results can vary. There are users who claim they have set up the system, went to sleep and woke up $1000 richer the following day. There are also those that claim the robot blew their account. The good news is that the whole system and the robot can not lose more than the deposited amount.
Due to the all-or-nothing nature of binary options and the unpredictability of the market, one can not say that a trading robot will always produce fantastic results. The same goes for a professional binary trader.
However, a well programmed trading robot should be able to trade binary options much better than a beginner. BinaryRobot365 claims wins of up to 90% and it is possible, however one should not expect to see such great results every week or month.
Here are some of the most recent trades executed by the BinaryRobot365.
Of course, past result do not guarantee or even imply future results. Please keep that in mind before you sign up to this, or any other signalling and trading service.
The BinaryRobot365 website features top 10 traders in their system who achieve highest returns out of all users. Here is a screen capture of few of them.
We have no way of knowing whether these results from top traders displayed on their website are authentic but if they are, then the results are very impressive. These three traders show an average win rate of over 82% which is very good by any standard.
The results also show total profit generated by the trading system, number of trades executed by the robot, and all time ROI (Return On Investment). These statistics show that the trading robot is capable of producing very good results, but one question remains. Why do the results differ? If they are using the same trading robot, shouldn’t all users have the same results?
The manual configuration of BinaryRobot365
The main reason why users of the system will have different results is because of different configurations of the Binary robot. Most users, when they sign up, they are offered a standard configuration, which enables all automated strategies across all available assets.
This screen shows the default configuration of the trading robot. As you can imagine this type of full configuration will produce many trades within 24 hours.
Especially since the entire system only offers very short-term binary trades of 60 seconds to 5 minutes.
More experienced traders can tweak the trading robot and choose the trading methods, indicators, and assets which they feel will work better. This can be configured manually and as such, the trading robot can be manually optimized. That is why many users will have different results using the BinaryRobot365.
The robot takes over with one click.
It is truly surprising to see how easy it is to start using the trading robot offered by BinaryRobot365. As soon as the user is registered with the platform and the chosen broker, he/she get full access to the platform. All is really needed to start the robot robot on your binary options account is to switch the autotrading feature to ON. The switch is huge and can not be missed.
A single click on the platform will turn on the auto-trading feature. Nothing more is needed. The robot will trade actively on your linked binary account. Currently the option robot can only be used with two binary brokers, Greenfields and Toroption, both of which are unregulated unfortunately.
It is a shame that the robot trading and the platform is not integrated with more binary brokers, especially those that are fully regulated. Perhaps this is an indication of the legitimacy of the system.
Surely, for the benefit and universality of their system, the owners of the BinaryRobot365 tried to include and work with regulated binary brokers. It can be assumed that they were unsuccessful most likely due to the nature of their service and possibly also their company structure. Regulated binary brokers with existing large user base are unlikely to stake their hard-earned reputation on third-party unregulated systems.
If it’s FREE, how do they make money?
Undoubtedly one of the most attractive features of the BinaryRobot365 and also one that begs an explanation is the fact that it is a free service. How can that be, you ask? If people are making money using the robot how come they don’t charge for it?
There is a saying in the tech marketing community that if something is offered for free, it’s because the user is the main product.
Google or Facebook also offer free services and products, but they still make a lot of money. In the case of the BinaryRobot365, this is similar albeit much simpler.
Every time a user signs up to their trading robot and one of the binary brokers integrated in the system, they receive a payment from the binary broker for introducing a new user.
This is a simple system that beneficial to the user, since he/she does not have to pay anything to use the system. A deposit is required but that becomes the user’s trading capital. No additional premiums are taken for using the system.
It is very likely that BinaryRobot365 also have other commission structures set up with their partnering brokers. Additional commissions or bonuses could be issued based on the number of introduced traders per month and on large trading volumes.
The BinaryRobot365 software is well programmed. The strategies and indicators used in their system are known and used by many technical traders. Indicators can not be configured individually but they have been optimized by professional traders to produce optimal results.
The website, where all the trading on the user’s end happens, is fast, intuitive and responsive, and all pages and data is served over a secure https connection.
The system is also extremely easy to use set up and to configure. Beginners can launch their robot trading for free within seconds of opening an account.
Sceptical users can see the binary robot in action using a demo account which is also offered. The demo account has the same functionality as a live account.
The only downside to the service is that it is integrated with unregulated brokers. We always recommend using regulated brokers if possible. The BinaryRobot365 service could greatly benefit from having regulated brokers integrated with their trading system.
Letting the robot do all the trading for you can be quite exciting, and in the right conditions, also profitable. However, just like in any type of trading no results can ever be guaranteed and there are recorded incidents where users lost all their initial deposit.
We strongly recommend that people educate themselves as much as possible about trading the markets so they don´t have to rely on such services like this one.
We recently received many complains about this service so please be careful and think twice before using the Binary Robot 365.
Check out other binary options signal providers that are more reliable and perform better than Robot365.
Binary Robot 365 Review :- Is Scam Or Legit Software ? Find Out !!
December 17, 2020 By Shane
Is Binary Robot 365 Scam? Read my detailed Binary Robot 365 Review before joining this Auto Trading System. The use of robots in auto trading is a trend that is already causing ripples in the binary options world. The indispensable aspects of robots to trade round the clock is increasingly becoming popular because they widen exposure to financial markets hence boost profitability. With technological evolution gathering pace, the number of binary options robots has taken a sharp upward curve. So are you conversant with binary options robots? Ever heard of Binary Robot365?
Is Binary Robot 365 a Scam? Binary Robot 365 Review and Results !!
The Binary Option Robot 365 Website is an automated trading software that sprung to life in summer 2020. The software has enjoyed an unexpected meteoric rise thanks to its promise of being different from the other trading software.
The Binary Robot 365 trading tool offers services in over 12 languages and allows users to customize their own settings for optimized gains and real-time trading experience. Moreover, traders can set trading amount, preferred assets for trade, the number of investment, and the expiry date. There is also the freedom to apply one of their money management strategies which include Martingale, classic, and Fibonacci.
Since its emergence Binary Robot 365 Review system has won the heart of many binary traders but one controversy continues to linger. Is Binary Robot 365 a scam?
Key Features of Binary Robot 365 Explained:
Here are the key features of the Binary Robot365 Reviewed
- Fully customizable and automated
- Easy to learn and use thanks to the user-friendly interface
- Easy to develop a customized trading strategy
- Uses advanced binary option strategies
- Binary traders start trading by depositing $100 or 250 based on the broker selected.
- It can be deployed on mobile devices
- Accepts traders from the United States
- Use of 7 most popular technical indicators to send signals
- Traders can initiate trade with a 90% success rate
- Use 3 advanced money management strategies which include classic, Fibonacci, and Martingale.
- Freedom to trade with a regulated broker from a bulging pool of professionals.
- Proven trading history
- No recurring or initial charges
- 24/5 professional customer support
- Live chat available
How To Get Started With Binary Robot 365 App?
One of the sells for Binary Robot 365 software is its ease of use. For this reason, the process of getting started is pretty simple and intuitive.
Trading with this BinaryRobot365 software is a breeze and you just select your ideal broker from a drop-down menu, then enter your email address, telephone number, and create a password. Brokers associated with the software are many and a regulated by either ASIC or CySec. If you are a binary trader from Asia or Europe you can go with BdSwiss which has a minimum deposit of $100. On the other hand, traders from the United States have an option to select Dinero Libre and deposit a minimum of $250 to get started.
Once you are registered and the verification is done you will gain the access to the broker cashier and the robot interface where you will get the chance to fuel your account with either Neteller, Debit Card, or Skrill.
The next step is to turn the robot On to initiate the Auto-trading. The Binary Robot 365 Review system will automatically place trades on a wide range of currency index/pair. The degree of customization accorded by this software is something to marvel at. It gives you the freedom to select your trades’ time frame and indicators. In its full autopilot format, this software will follow every of your predetermined instruction thereby keeping you in total control over the investments. Trading becomes as easy as the following three steps.
And just in case you want to untangle any complexity related to the robot you will have the opportunity to seek advice from phone support team or via the live chat functionality.
How To Fund Your Binary Robot 365 Account?
To fund your account you should follow the following clear guidelines;
- Visit Binary Robot 365 HOMEPAGE.
- Select your ideal broker and enter your details
- Log in into the robot.
- Select the ‘CONTINUE REAL MODE’ options
- Then ‘DEPOSIT MONEY’ then fund the account at the selected broker.
Is Binary Robot 365 Free? Any Costs Involved?
This Binary Robot 365 App is absolutely free; no monthly costs nor up-fronts will be charged once you register on this software. You just sign up on the official website then you will be requested to join one of the associated brokers. Once you fund your account you will be legible to initiate trade without any deduction being made.
This has been one cause for concern amongst novice, but the software is offered for free to increase the number of triumphant traders who will eventually refer other traders to join the associated brokers. By so doing commission is generated from the partnered brokers thereby exempting the charges for the trader and putting the responsibility on the recommended brokers.
What Is The Best Setting For Binary Robot 365 Software?
The Binary Robot 365 App uses trading strategies are based on the frequently used indicators which include Stochastic, Williams, MACD, CCI, RSI, and STOCH. The software uses three money strategies including Martingale, Fibonacci, and Classic.
The robot will place every trade with the fixed amount set by the trader. This strategy is incredibly good for traders with a low-risk appetite, the robot will keep placing with a similar trade amount unless it is adjusted.
Under this strategy, the Binary Robot365 system will double the trade amount after every lost trade. This is a high-risk strategy but it brings high returns. The strategy gives traders the chance to recoup all the losses from the previous trade.
This strategy is like the opposite of the Martingale management strategy. Under this strategy, the robot will double the trade amount after every trade won. This is the most popular strategy and is preferred by a good number of binary traders across the globe. This is a greedy strategy and the idea is that you win a trade when the market conditions are favorable therefore the probability of striking a deal in the subsequent trade is high.
The Binary Robot365 Review App is based on these advanced strategies since they deliver profitable trading opportunities. You can have a view of the latest Results on this trading robot on the website.
Assets & Indexes Available With Binary Robot 365.
The Binary Robot365 software gives the trader the opportunity to trade EURGBP, AUDUSD, EURJPY, GBPUSD, EURUSD, GBPJPY, NZDUSD, USDJPY, and USDCHF. However, only EURUSD, USDJPY, and AUDUSD options are available for 24 hours trading.
This Robot has a legal status and offers services as a licensed company. The company has bestowed regulated brokers with the responsibility to guide traders and the have expressed total confidence in them. The company is also out to serve their clients professionally and in case of any questions, they can be directed to the management or the support team.
Why Choose Binary Robot 365: Pros & Cons Explained
- Proven trade history
- Risk management
- Fully customizable
- Mechanical failure
- Manual risk management
Is Binary Robot 365’s Member Support Good?
The Binary Robot 365 Review software facilitates traders instantly via the 24/5 professional customer support. There is an online live chat support, in addition, all registered traders can launch any complaint directly by generating a ticket via the platforms official Binary Robot 365 website. You just provide the details (email and phone number) used during the registration process.
There is also the contact form that can be filled by traders to direct their concerns, ask question regarding the trade, or recommended an associate broker. The customer support team is truly qualified and they respond to question within 24 hours. Moreover, clients have the chance to launch concerns via email at [email protected]
In summary, the available support include;
- Online support
- Live Chat
- Email support
- Phone support
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VERDICT: BINARY ROBOT 365 IS NOT A SCAM
Though this Binary Robot 365 trading robot is juvenile in comparison, it has won the hearts of many binary options traders as a scam free system. It gives traders the freedom to fully manage their account and customize their own trading strategies. The fact that it’s offered for free should generate optimism instead of initiating shivers. With it being a new entrant our parting shot is that it’s a tool worth trying, and more can be learned on site.
Binary Robot 365 Review The use of auto trading binary robots and expert advisers is becoming very popular in binary options trading, just like it is a fast growing trend […]
Full Review Details
|Website URL NEW||http://binaryrobot365.com/|
|Support Number||Email: [email protected]|
|Languages||English, Dutch, Arabic, Finnish, Swedish, Japanese, Korean, Bulgarian, Romanian, French, Russian, Polish, Danish, Turkish, Czech, Malay, Croatian, Slovenian, German, Spanish, Italian, Portuguese, Chinese, Greek, Norwegian, Hungarian|
|Minimum 1st Deposit||$250|
|Minimum Account Size||$250|
|Minimum Trade Amount||$5|
|Free Demo Account|
|Account Types||Various as per Broker choice|
|Deposit Methods||Various as per Broker choice|
|Withdrawal Methods||Various as per Broker choice|
|Number of Assets||100+|
|Expiry Times||60s, 2m, 3m, 5m, 15m, 30m, 1h|
|Types of Assets||Currencies, Indices, Commodities, Stocks|
|Option Types||Various as per Broker choice|
|Trading Currency||Most popular GBP, USD, EUR|
|Account Currency||Most popular GBP, USD, EUR|
|US Traders Allowed|
- More than 90% winning rate
- Multiple Assets
- Multiple Brokers
- Free Package
- Full customization
- No Live Chat or Telephone Support
Binary Robot 365 Review
The use of auto trading binary robots and expert advisers is becoming very popular in binary options trading, just like it is a fast growing trend in Forex. There are several reasons why traders prefer robots over manual trading, for example robots do not have emotions while humans can make mistakes because of greed and emotional behavior. Similarly, binary robots are able to trade round the clock, they neither get tired nor make any mistakes and we know very well that in binary options trading, high exposure with the financial markets means high profitability. In this piece, we are going to review a very effective binary robot known as Binary Robot 365. After monitoring the results of this robot we are of the view that this is probably the best binary options robot of this age.
How Does Binary Robot 365 Work?
Binary Robot 365 uses some built-in binary options strategies and advanced algorithms for automated binary trading. The robot has been tested and optimized extensively by its developers via both back testing as well as real trading. The binary robot software has a proven history of placing more than 90% winning trades and is also very easy to use because of its user-friendly interface which works well on smaller devices since the robot can also be used on mobile and tablet devices.
Besides automated binary trading based on pre-defined strategies, the software may also be used to develop custom strategies; this is one of the best features of Binary Robot 365. The software provides different technical indicators such as Williams, MACD, STOCH, CCI, Trend and RSI to help experienced traders develop their own trading strategies. Traders may also develop a hybrid binary trading systems by combining the built-in strategies of Binary Robot 365 with their own custom strategies.
In addition, traders can minimize their risk by choosing some advanced risk parameters such as expiry time, assets to trade, number of simultaneous trades etc. This is however pertinent to mention here that risk management with Binary Robot 365 is manual – the robot doesn’t choose risk parameters in an automated way. With Binary Robot 365, traders can also make use of advanced money management strategies to manage their risk; such strategies include Fibonacci, classic, martingale etc.
- Binary Robot 365 has a proven history of placing more than 90% winning trades
- The software uses advanced algorithms and binary options strategies
- The robot can be used to develop custom binary options strategies
- It provides seven frequently used technical indicators to develop custom strategies
- It also offers some advanced money management strategies including martingale, Fibonacci, classic etc.
- The robot is free of cost – there are no startup or recurring expenses
- Professional customer support is available 24/7
- The robot may be used on tablet and mobile devices too
Advantages of Using Binary Robot 365
- Proven Trading History: Binary Robot 365 has a proven history of generating more than 90% winning trades. It uses advanced algorithms and binary options strategies for placing automated trades. The performance of this robot has been extensively tested and optimized by its developers.
- Full Customization: Binary Robot 365 offers high level of customization – users can choose various risk parameters, develop their own binary options strategies with the help of seven different technical indicators and use advanced money management methods such as Fibonacci, classic and martingale.
- Risk Management: The software offers advanced risk management parameters such as setting the amount per trade, choosing an asset to trade, number of simultaneous trades etc.
- Manual Risk Management: Although Binary Robot 365 offers great risk management parameters but yet its risk management features are not fully automated. It may be difficult for beginners to set correct risk management parameters.
- Mechanical Failure: Another small disadvantage is the risk of mechanical failure, outage of internet connection might trigger trades on a PC and not on a server. Therefore, trade orders would not be sent to the market.
There are no upfront or recurring costs associated with Binary Robot 365. The software is absolutely free. Anyone can open a free trading account on its official website. After submitting a basic sign up form, you will be connected with one of brokers recommended by BinaryRobot365 and make at least $250 deposit. That’s it, after doing so you could start using services of Binary Robot 365.
Binary Robot 365 comes with professional email support round the clock. For any query about the robot, its recommended brokers or anything else you can contact on this email [email protected] . The staff of the company usually responds to all emails within 24 hours.
Binary Robot 365 is by far the best among all binary software/EAs/robots we have reviewed so far on our website, even when compared to our review on binary options robots. Its built-in trading strategies have a proven track record of more than 90% winning rate. It also enables anyone to develop own trading strategy based on a number of available technical indicators and advanced money management strategies.
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Good Choice For Experienced Traders! 2nd place in the ranking!