Binabot was an automated trading software that opened on August 9th 2016. The binabot software has an interesting history and we will discuss that later in our review. For starters, you need to know that there are many bugs and problems with the Binabot trading software.
There are currently major scams happening in the binary options industry and you need to read this article.
You will be the next victim if you do not read this thoroughly!
When you compare the binabot with a real trading software, you can do nothing more than laugh! Look that the options you have for configuring the robot.
This is called an automated coin flipper, and not an automated trading robot for binary options.
The software doesn’t let you see anything, not asset selection, historical trades, or anything. They think that you are interested in a system where you push a button and make money. If you want to make money trading binary options, then you will have to use your brain a little bit.
Binabot Fake Scam
As you can see, the website for Binabot was only opened last week on August 9th.
What the makers of this software did was they first copied another trading software called BinaDroid, and called it BinaDroid 2.0. After the got in trouble for copyright infringement, they changed the name to BinaBot.
What is funny is that they have 3 logo’s on their website, and they are already calling the new software version 2, when it is only one week old.
A real professional trading robot will give you the options to select assets, limit number of trades, and choose the type of signals, see here.
No Choice of Brokers
Another big problem we had with this trading software was the lack of choice for a broker. A visitor to ScamBroker.com shared with us that they gave him an account at Secured Options, which is an offshore scam broker.
Important: All binary option brokers must be licensed and regulated, no matter where you live. But the truth is that 90% of brokers are not licensed, and simply scams.
Tell us which scam broker Binabot said you should trade with in the comments below.