Option Robot Pro is an automated trading robot for Forex and binary options, that opened in June 2017. The Option Robot Pro is connected with many brokers including some of the best licensed Forex brokers like iTrader.
We reviewed this binary option robot software and immediately noticed how professionally it was made. They took a no nonsense approach when they created it, and we like that there are no flashy videos, or promises of huge profits. Look at their website: OptionRobotPro.com
Option Robot Pro Review
It is safe to say that the Option Robot Pro is one of the best binary option robots we have reviewed in a long time. When comparing and choosing an automated trading system, the first item we look for is the ability to choose a licensed broker, and the second thing we look at are the settings available for us to configure.
The software comes with four trading strategies based on commonly used technical indicators, and we really love the risk management settings. The ability to set a stop loss and take profits is unique among trading robots.
You can see here and in this screenshot below, some of the many configuration options available.
Option Robot Pro Settings
Risk Management: The 6 risk management settings are there to let you control your default trade size and minimize losses from bad signals. It is always smart to set the Max Daily Trades number very low. We have seen trading systems that can generate 100 trades in one hour. The Max Concurrent Trades setting is for you to limit, how many open trades are happening at the same time.
Asset Selection: The signals generated by the software are available on 17 currency pairs. You can choose which underlying assets the robot will open positions on. The reason asset selection is so important is because, an algorithm can sometimes work well during normal trading conditions, but will have bad results during volatile markets.
Software Demonstration: You will be able to take a tour of the trading software once you are inside the trading room. Just remember, that demo accounts are in no ways real, and they always make money. Their purpose to is to show you the features of the software, but not the actual trading signals.
Choice of Licensed Brokers
A huge problem with trading binary options are the many scam brokers that steal your money, and are not regulated by a government authority. Many trading robots we have reviewed looked good, but they do not work with licensed brokers which means they are a scam.
With this software you will have the ability to choose which broker to use.
At the Option Robot Pro, there are so many options to configure the software that no two traders will experience the same results.
Go visit the official site: http://OptionRobotPro.com.