Trading with Binary Robot Could Save Time
We have been talking a lot about trading with binary robots and in this article, we will discuss those robots that we think will provide the best trading services on the market. There is a huge difference between trading with binary options alone and trading with the help of a binary robot.
The first advantage that we need to mention here is that trading with binary software could save a lot of time. Traders that are familiar with binary options and similar financial investments know that it takes a lot of time to keep track with financial analysis and placing trades manually. Trading with certain binary software enables traders to stay active in their business and private life, while trading software continues to generate binary signals and saves a lot of time by doing that.
Comparison of Binary Robots
All binary robots should save time, but this is not the only factor that is important here. Trading with binary software won’t mean much if the robot is not successful in patterns recognition. If you still don’t get the picture, this means that binary robot has to gain better results than traders would gain by trading manually.
In this article, we have tried to find the most appropriate binary robots that could ensure great trading experience and make traders satisfied. We have been using several sets of criteria to compare with several binary robots.
Profitability of Auto Trading Robots, a Myth or a Reality?
One of the important factors that we haven’t analyzed in our robots comparison guide is trading profitability. It is very hard to find out what is the exact profitability of each binary robot because traders use different trading settings and it directly influences on the results of every trader. We can only say that we believe in providing transparent information to traders. We can’t guarantee that information provided on binary software websites provides credible information and genuine profit rates.
Our opinion is built on accessing information from their websites and reviewing services they provide. Our binary robot reviews consist of reviewing the robot features according to other robots from binary industry. We never make any deposits or calculate the profitability of certain binary software.
Different Binary Software Offers Different Features
Every auto trader allows different trading options, so every trading portfolio will have different trading results. For example, if traders trade with Binary Options Robot, there are several settings that traders can change, which will immediately affect on his trading strategy. The first factor that could affect trading with Binary Options Robot is trading with different assets. This robot offers more than 50 trading assets.
Traders use different methods while they trade, some of them activate all assets to have more trading signals and some of them deactivate most assets and trade only with several. Every trading strategy brings different trading experience.
Another factor that could participate in trading profitability is when traders set different limits on their trading accounts. Most of us want to have more controllability in our hands and most of the binary robots started to provide certain features that allow limiting your investments. These tools may help with organizing your trading portfolio as you basically limit preferred amount you wish to invest during a specific time. Binary Options Robot, for example, has this feature and traders can set desired investment amount or they could limit the number of preferred trades.
Make Your Own Binary Robot
Another binary software that caught our attention is IQoption Robots that is a bit different than Binary Options Robot software. This binary robot is owned by famous IQoption broker and it is free for all traders. The difference between Binary Options Robot and IQoption Robots is that IQoption Robots allows trading only with one broker – because it is owned by a broker and trading with Binary Options Robot allows trading with more binary brokers at the same time.
According to the IQoption, their binary robot is one of the best binary robots on the market. Besides providing various trading solutions, IQoption Robots enabled traders to choose or to build their own binary software. Traders that have no aspiration to spend their time building their own robot are welcome to pick one of the IQoption Robots from the catalog. This means that IQoption Robots provide more than one robot software, meaning traders can pick their preferred software according to several parameters.
Trade With Multiple Brokers
Binary Options Robot software provides only one robot version, but it provides trading with various binary brokers from the same trading platform. Depending on trade preferences, they will choose to trade with one or with more brokers. By choosing to trade with more brokers, traders are increasing the diversity of trading options.
For example, traders can choose to trade with tree brokers at the same time. This way traders can set different trading settings for every broker on Binary Options Robot portfolio. Traders are also enabled to activate or deactivate Active trading option for every broker.
Binary Software That Offers Reverse Trading Option
The third binary software we wanted to mention in our guide about robots is Fintech Ltd. This binary robot is free like previous robots we have talked about in our robots guide. Fintech is similar to Binary Options Robot and there is one feature that caught our attention – reverse trading tool.
Every binary software generates binary signals using certain algorithms. Those signals are integrated into binary software and traders can use them by placing trades on different assets. Every generated signal provides information about the certain asset and the direction of its value in specific time period. Fintech has allowed traders to use the Reverse trading option in order to execute opposite predictions.
Every binary robot brings different trading features and we have mentioned only three robots that make reasonable promises and provide traders with necessary information about their services. Read more about those robots in our robot reviews and decide which software will fit your needs.