The Pros And Cons Of Automated Trading Systems
Binary Option Robot, the Original Software. Binary Option Robot can trade Binary Options both manually and automatically. The Best Auto Trading Robot for ...
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This award winning popular automated binary trading software is recommended and supported by almost all regulated USA, UK, AUS or other globally regulated Brokers.
The latest kid on the block that claims to make trading forex and binary options a simple task is called FXMasterBot. The software has brought a great deal of advanced functions to the market including the ability to trade both types of options at the same time.
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When the conditions pertaining to a buy or sell trade are met, the robot triggers the corresponding order through the website of a connected binary broker. The order is then placed after considering restrictions, if any, put forth by the trader. The restrictions may include, but not limited to; expiry time, the maximum amount that can be invested in a trade, total number of trades that can be simultaneously placed, which assets are to be traded or discarded, etc.
In order to begin using Automated Binary, traders only need to sign up on the provider’s website using one of the brokers recommended (these are the brokers compatible with the service at the moment)- 72Option, BinaryOnline, GreenFields Capital and UTrader.
FX Master Bot is the best automated trading robot because it works with the licensed Forex brokers Trade Financial, 24Option & EuropeFX.
Unlike traders, Binary Options Robot adheres a trading algorithm, regardless of the current market situation. All the rules of risk management, entry points, as well as candlestick formations and indicators are taken into account by Binary Options Robot.
Usually, traders in South Africa achieve that by reviewing binary strategies and placing trades in accordance with market news . This way, they can expect possible market changes if any and place trades according to situation on the market.
The only decision you need to make is choose your system(s). Your Altavest Trading Advisor is available to guide you through the iSystems platform and help you select the system that best fits your investment style. Be sure to ask your Altavest Trading Advisor for our list of recommended systems.
Binary Option Robot has been copied several times and even by products using the exact same name but the real one is the French one. The French company that created Binary Option Robot owns Copyrights in USA and in EU. So just take care and don’t be scam by other auto trading products using the same name.
Disclosure: is a Forex broker and software review website, and is not responsible for any losses you may incur by investing with a company mentioned on this website. We may receive compensation from the companies we write about.
Advantages of Automated Trading Systems
There is a long list of advantages to having a computer monitor the markets for trading opportunities and execute the trades, including: