The original binary option robot review
These lists are growing all the time as demand dictates. The asset lists are always listed clearly on every trading platform, and most brokers make their full asset lists available on their website.
Full asset list information is also available within our reviews. The expiry time is the point at which a trade is closed and settled. The expiry for any given trade can range from 30 seconds, up to a year. While binaries initially started with very short expiries, demand has ensured there is now a broad range of expiry times available. Some brokers even give traders the flexibility to set their own specific expiry time. While slow to react to binary options initially, regulators around the world are now starting to regulate the industry and make their presence felt.
The major regulators currently include:. There are also regulators operating in Malta and the Isle of Man. Many other authorities are now taking a keen a interest in binaries specifically, notably in Europe where domestic regulators are keen to bolster the CySec regulation.
Unregulated brokers still operate, and while some are trustworthy, a lack of regulation is a clear warning sign for potential new customers. We have a lot of detailed guides and strategy articles for both general education and specialized trading techniques. From Martingale to Rainbow, you can find plenty more on the strategy page. For further reading on signals and reviews of different services go to the signals page. If you are totally new to the trading scene then watch this great video by Professor Shiller of Yale University who introduces the main ideas of options:.
In addition, the price targets are key levels that the trader sets as benchmarks to determine outcomes. We will see the application of price targets when we explain the different types. Expiry times can be as low as 5 minutes. How does it work? First, the trader sets two price targets to form a price range. If you are familiar with pivot points in forex, then you should be able to trade this type.
This type is predicated on the price action touching a price barrier or not. If the price action does not touch the price target the strike price before expiry, the trade will end up as a loss. Here you are betting on the price action of the underlying asset not touching the strike price before the expiration. Here the trader can set two price targets and purchase a contract that bets on the price touching both targets before expiration Double Touch or not touching both targets before expiration Double No Touch.
Normally you would only employ the Double Touch trade when there is intense market volatility and prices are expected to take out several price levels. Some brokers offer all three types, while others offer two, and there are those that offer only one variety. In addition, some brokers also put restrictions on how expiration dates are set.
In order to get the best of the different types, traders are advised to shop around for brokers who will give them maximum flexibility in terms of types and expiration times that can be set.
Most trading platforms have been designed with mobile device users in mind. So the mobile version will be very similar, if not the same, as the full web version on the traditional websites. Brokers will cater for both iOS and Android devices, and produce versions for each.
Downloads are quick, and traders can sign up via the mobile site as well. Our reviews contain more detail about each brokers mobile app, but most are fully aware that this is a growing area of trading. Traders want to react immediately to news events and market updates, so brokers provide the tools for clients to trade wherever they are.
So, in short, they are a form of fixed return financial options. Call and Put are simply the terms given to buying or selling an option. As a financial investment tool they in themselves not a scam, but there are brokers, trading robots and signal providers that are untrustworthy and dishonest. Our forum is a great place to raise awareness of any wrongdoing. Binary trading strategies are unique to each trade. Money management is essential to ensure risk management is applied to all trading. Different styles will suit different traders and strategies will also evolve and change.
Traders need to ask questions of their investing aims and risk appetite and then learn what works for them. Binary options can be used to gamble, but they can also be used to make trades based on value and expected profits.
So the answer to the question will come down to the trader. If you have traded forex or its more volatile cousins, crude oil or spot metals such as gold or silver, you will have probably learnt one thing: Things like leverage and margin, news events, slippages and price re-quotes, etc can all affect a trade negatively.
The situation is different in binary options trading. There is no leverage to contend with, and phenomena such as slippage and price re-quotes have no effect on binary option trade outcomes. This reduces the risk in binary option trading to the barest minimum. The binary options market allows traders to trade financial instruments spread across the currency and commodity markets as well as indices and bonds. This flexibility is unparalleled, and gives traders with the knowledge of how to trade these markets, a one-stop shop to trade all these instruments.
A binary trade outcome is based on just one parameter: The trader is essentially betting on whether a financial asset will end up in a particular direction. In addition, the trader is at liberty to determine when the trade ends, by setting an expiry date. This gives a trade that initially started badly the opportunity to end well.
This is not the case with other markets. For example, control of losses can only be achieved using a stop loss. Otherwise, a trader has to endure a drawdown if a trade takes an adverse turn in order to give it room to turn profitable.
The simple point being made here is that in binary options, the trader has less to worry about than if he were to trade other markets. Traders have better control of trades in binaries. For example, if a trader wants to buy a contract, he knows in advance, what he stands to gain and what he will lose if the trade is out-of-the-money.
For example, when a trader sets a pending order in the forex market to trade a high-impact news event, there is no assurance that his trade will be filled at the entry price or that a losing trade will be closed out at the exit stop loss.
The payouts per trade are usually higher in binaries than with other forms of trading. This is achievable without jeopardising the account. In other markets, such payouts can only occur if a trader disregards all rules of money management and exposes a large amount of trading capital to the market, hoping for one big payout which never occurs in most cases.
In order to trade the highly volatile forex or commodities markets, a trader has to have a reasonable amount of money as trading capital. For instance, trading gold, a commodity with an intra-day volatility of up to 10, pips in times of high volatility, requires trading capital in tens of thousands of dollars.
The payouts for binary options trades are drastically reduced when the odds for that trade succeeding are very high. Of course in such situations, the trades are more unpredictable.
Experienced traders can get around this by sourcing for these tools elsewhere; inexperienced traders who are new to the market are not as fortunate. This is changing for the better though, as operators mature and become aware of the need for these tools to attract traders.
Unlike in forex where traders can get accounts that allow them to trade mini- and micro-lots on small account sizes, many binary option brokers set a trading floor; minimum amounts which a trader can trade in the market. This makes it easier to lose too much capital when trading binaries.
In this situation, four losing trades will blow the account. When trading a market like the forex or commodities market, it is possible to close a trade with minimal losses and open another profitable one, if a repeat analysis of the trade reveals the first trade to have been a mistake. Where binaries are traded on an exchange, this is mitigated however.
Spot forex traders might overlook time as a factor in their trading which is a very very big mistake. Binaries by their nature force one to exit a position within a given time frame win or lose which instills a greater focus on discipline and risk management. Option Robot is indeed a beautiful software with several indicators and strategies coupled with good money management systems that can make trading worth the while and profitable.
It is automated which is good especially for people with little or no experience in trading. Also, in addition to the automated trader, Option Robot also gives you the opportunity to trade manually; that is, for those with some sort of experience who would like to equally place trades on their own. The Option robot software is quite easy to use. It has a sophisticated yet simple platform which is user friendly and easy to navigate.
On the webpage, there are several guidelines directing you on how to go about your registration and more. Like we said, Option Robot is a fully automated system and only requires you to be connected to the internet for trades to be placed. The beauty about working about these indicators is that they are very customizable. You can decide on the indicator you would like to use at any point in time.
Also, you can combine two or more or even all the indicators to give better results. Option Robot gives you total control over your software and trades helping you to manage your money and risks unlike the many scams out there. In using this software, there are three trading systems available for you to choose from. Your selection will depend on the level of risk you are willing to take, however it also reflects on your profits.
This is the regular system commonly used in binary options trading. It is quite simple and involves little risks; the least of the three trading systems.
However, it comes with lesser profits when compared with the other two. This system is recommended to beginners in the binary option trading with little experience in other to manage their profits and losses.
This system was adapted from mathematematical calculations which has been incorporated into market trends. It involves higher risks than the classic system with higher losses. Although to compensate this, it has high pay out ratio with higher profits. This system originates from casino players and has been integrated into binary options.
It is the riskiest of the three. Although it has really high payouts, it is not adviced for beginners to use this system. It should be reserved for professional traders with high investments. Option Robot provides you with a demo account with virtual money which you may use for trading. This is very important especially for beginners because with this account, you can practice various strategies. Whenever you feel ready enough to begin real trades, you may make a deposit and start trading live with real profits.
There are various brokers available to you as a trader with the Option Robot software. The software is affiliated with credible and renowned brokers which include big names like 24options and Stockpair amongst more.
Even more interesting, you are allowed to select your broker which is very unlike the scams we see where brokers are imposed on you.
That is, you would need to open a new account with the broker and this is common with binary option software. Official Sign Up Page: Your email address will not be published.
So, here are the facts: In the demo study, the Option Robot demo price feed was matched with real life price chart. Is Option Robot scam free? Best Accuracy This software has one of the highest tested performance rate, especially when it comes to accuracy. Beginner friendly Platform Option Robot has easy to use trading platform.
Proven Trading Strategies The robot trades by using the most important trading strategies which are the classic system, Fibonacci system, the martingale system and a combination of some other advanced binary options trading strategies.
High quality customer support The Option Robot support team is always there to assist you with any problem you may encounter while using the software. Option Robot is free Best of all, it is free of charge and works with reputable brokers in which you are required to deposit a certain amount of money. Have been named the most popular auto trading software in some popular review sites Help make extra income when used in the right way. Synced with regulated brokers with Option Robot having more of regulated brokers.
Generate multiple signals at different time of the day. Option Robot is the original software having been in existence since Option Robot is synced with more number of regulated brokers. How does the Option Robot work? Option Robot Trading Systems Option Robot gives you total control over your software and trades helping you to manage your money and risks unlike the many scams out there.