Raptor Robot is a popular website that offers a great automatic binary options robot. The technology that Raptor Robot offers, is based on the original binary option robot which was created by developers in Europe a few years ago.
Their software is connected with many binary options brokers, but a real investor will only choose one of the licensed brokers that they work with. A nice feature of this product is that you can play around with the software in demo mode, look here.
Raptor Robot Review
A review of Raptor Robot is very easy to do, because it is one of the most popular automated trading robots 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 Raptor Robot
The biggest complaint discussed on the binary options forum is about scam binary option brokers, that work with bad automated trading software. The beauty of RaptorRobot.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 licensed brokers: 24option, BDSwiss, BinaryCM and the unlicensed brokers: FM Trader, TorOption, StockPair, Stern Options, PlusOption and TraderVC. (We only recommend trading with a licensed and regulated broker.)
Configuring The Raptor Robot Software
Expiry: This is where you tell the robot which option to trade. You choices range from 60 second options to 5 minute options.
Method: Here you choose will you be trading Classic, Martingale or Fibonacci.
Amount: The minimum amount per trade is $25, and you can set it as high as $2,000.
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, with all options enabled, you will see how many trades the robot can place at one time.
Indicators: Choose from seven technical indicators (signal sources). The indicators are what the signals are generated from.
Currencies: The binary options robot can trade from 8 Forex pairs.
Raptor Robot Results
Many trading robots including the Raptor Robot, like to proclaim that they have a 90% accuracy rate. You need to realize even if your best friend had a 90% success rate with a trading software, it does not mean that you will have the same results. The markets are constantly changing and so is the results of an algorithm trading software.