The Pros And Cons Of Automated Trading Systems
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.
Like many brokers and software, Option Robot is not legally allowed to accept clients from the United States. This is because they are not registered and licensed by the Commodities Futures Trading Commission (CFTC), as this is no walk in the park it is pretty understandable.
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.
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.
1 . Create an account at Automated Binary for free
2 . Choose your preferred broker from the Automated Binary extensive list
3. Deposit and start the automated trading software. We recommend a deposit of $500 (min. $200) so you will receive broker bonuses and have the highest probabilities of huge profits
FX Master Bot is the best automated trading robot because it works with the licensed Forex brokers Trade Financial, 24Option & EuropeFX.
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Automated trading can compensate for lack of knowledge needed for success in the binary industry. Direct trading with a broker may be increasingly risky, especially if you don’t have the knowledge on how to trade binary options. If you are a beginner or don’t feel like wasting your time or money, automated binary options trading could be the best choice!
Some robots are able to scan numerous charts and watching their movements all at the same time, which is beyond human capability somehow.
The way it works is straight forward. With demo trading, you are given a certain amount of fake money to start out with. You can use that money anyway you see fit. The platform you will be using for demo trading is the same platform that you will use when you’re actually trading with real money, so demo trading helps eliminate the learning curve and any mistakes that you might make while figuring out how to use the software. US Traders can open a Nadex Demo Account in just a few minutes.
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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:
View screenshots of our results on the right-hand side. We'll regularly add new screenshots to show you previous trades and results. Members will also be able to view results of trades every day.