BinBotPro is an automated trading robot for binary options that opened in November 2016. When we tested the BinBotPro software we see that it works with the two binary option brokers called Finpari and BinaryMate.
The BinBot Pro is made to be an easy to use trading robot for binary option investors. The creators of the software really simplified everything so that your only choice to make is which underlying assets the robot should trade and which one of the 6 robots to use.
The robot can only trade on 8 different currency pairs, and does not yet include trading on other assets.
BinBotPro Choice of Robots
This automated trading software is different from others because it has a minimum deposit requirement depending on the robot you choose to use. Some robots come with different trading strategies, with BinBot Pro, each trading strategy in called by a different name, and is its own robot.
The Gold Robot called Neuroscanner v3.0 requires a minimum deposit of $3,000 at one of the two brokers the software works with. Silver robots called Bolly Band Bounce and Bullish Intervention require a minimum deposit of $1,000. The Bronze robots require a deposit of $250 and they are called; Strong US v2, Bladerunner and Rising East v1.2.
When you look at the description of the robot called Neuroscanner, it says that income is 200%. We were not sure if that means we will double our money using the software, or what that number represents.
They describe the trading algorithm of the robot like this:
“This is the most advanced cyber-trading algorithm currently available on the market. It’s based on neuron networks. The robot is capable to analyze up to 20 million trading scenarios at the same time, thanks to its core 3 dual processing engine.”
There is a general rule with automated trading systems, that past results are no indication of future results. There reason is because no system is perfect and the financial markets are constantly changing. There is no such thing as executing the same trade each week and being profitable.
So the real results of the software will vary depending on the individual.
Brokers For BinBot Pro
You have a choice of two different binary option brokers to use with the BinBot Pro software.
Finpari is one of the binary options broker available and they have been around for a few years. They run on the popular SpotOption trading platform, read full review.
BinaryMate is a fairly new broker that uses their own custom developed trading platform. Their main feature which sets them apart from other brokers is their live video support, read full review.
Compare BinBot Pro
Traders have many options available to them when it comes to automated trading robots for binary options. We have managed to review almost 100 trading systems already. Take a minute and look at the ones that are currently popular among traders, see here.