Binary Robot 365 is a popular website that offers a great automatic binary options robot. The technology that Binary Robot 365 offers, is based on the original binary option robot which was created by developers in Europe a few years ago.
Their software is integrated with more than 10 binary options brokers, and a smart investor will choose from one of the licensed brokers they work with. A nice feature of this product is that you can play around with the software in demo mode, look here.
Binary Robot 365 Review
You should know that a review of the Binary Robot 365 is really easy to write, because it is one of the most popular automated trading algorithm software for binary options. While there are many scam trading systems out there sending spam email, and making flashy videos, when you look at this trading system you can see it is strictly business.
The reason people choose this software instead of than others, is because you have multiple options to control and configure the robot. Also, they work with a variety of licensed European brokers.
Brokers For Binary Robot 365
The most frequently discussed complaints at the binary options forum is about shady binary brokers, who work with bad auto trading robots. The beauty of BinaryRobot365.com, is that you, the trader, has the option to choose which broker to trade with. There are more than 10 brokers connected with this software, and every month they integrate more brokers.
You should really read the review of the brokers before trading: 24option, BDSwiss, StockPair, Binary CM, FM Trader, TorOption, Stern Options, and PlusOption. (We only recommend trading with a licensed and regulated broker.)
Setting Up Binary Robot 365
Indicators: You choose from 7 indicators (signal sources). The indicators are what the signals are generated from. So if you select Trend for example, the software will start placing trades anytime there is a pattern that matches.
Method: Here you choose will you be trading Classic, Martingale or Fibonacci.
Max Simultaneous Trades: This is the number of trades that the system will have going at the same time. Caution: If you try out the demo mode, will all the options selected, you will be amazed how many trades the robot can place at one time. So be careful, and select a low number.
Currencies: The binary options robot can trade from 8 Forex pairs.
Expiry: This is where you tell the robot which option to trade. You choices range from 60 second options to one hour options.
Amount: Here you set how much money the robot should place on each trade. The minimum is $20 per trade, and it goes as high as $600 for high rollers.
Binary Robot 365 Results
A lot of the scam robots like to advertise that they have 97% accuracy, and that you are guaranteed to make money using them. With the Binary Robot 365, every investor needs to setup their own trading plan, and therefore, no two people will have the same results. If one trader only chooses, EUR/USD and another trader only selects AUD/USD, there is no way the results will be the same. And this is the main reason why it is such a popular software. You must setup everything yourself.