Most traders are not familiar with trading binary options. But, automated trading enabled them to begin their investment journey starting using binary robots. Automated trading is considered as simple and it should be accessible for all trading newbies. Binary robots place trades automatically and traders don’t need to calculate complicated formulas in order to generate the binary signal. Binary Option Auto Trading software works the same as most binary robots.
Traders are welcome to choose a broker from their choice and set some ground rules for their robot. After all being set, Binary Option Auto Trading will start auto trading. If you are asking yourself: how do I begin trading with this software, this article will help you understand and learn some basics.
Binary Option Auto Trading software works the same as most binary robots. Traders are welcome to choose a broker from their choice and set some ground rules for their robot. After all being set, Binary Option Auto Trading will start auto trading. If you are asking yourself: how do I begin trading with this software, this article will help you understand and learn some basics.
Simple registration and various brokers selection
It is important to say that traders don’t need to give any credit card information with this software. Binary Option Auto Trading robot registration will take less than a minute. We have registered with this software to get most accurate information and to show traders how easy was to register. During Registration with Binary Option Auto Trading, traders will automatically get broker account. It is important to note that traders don’t pay for trading with Binary Option Auto Trading software.
There are various binary robots available on the market and some of them charge traders for their services. Besides this, Binary Option Auto Trading gives free trading signals to their traders. This is also not the case with other robots, so if you are already using a binary robot that charges you for signals, it doesn’t necessarily mean they will be successful.
How to Set Trading Features on Binary Option Auto Trading platform?
Check your Daily stop loss amount so your robot can stop trading when it reaches a certain amount. Binary Option Auto Trading enabled Trading amount feature where traders can define what will be the amount of one trade. We have to remind traders that every broker has a different minimum trading amount and you will not be able to choose $1, $5 or $10 with all brokers.
Trading platform enabled traders to trade with most important trading assets. There are 14 different assets and most of them are currency pairs. Binary Option Auto Trading lets you choose to activate or deactivate each asset, according to your preferences. It is important to mention that robot will trade fewer trades if most assets are deactivated.
Traders who want to additionally protect their trades have the opportunity to select different risk levels. If you want your robot to place safer trades, choose Low or Medium Risk level. Trading with low-risk levels can reduce the number of trades and result with a lower profit, but that trade will have more probability to succeed.
Besides risk level, Binary Option Auto Trading robot provides using different signal expiry times. Traders can define preferable options according to their preferences. The more active expiry times are enabled, the robot will trade more trades. Binary Option Auto Trading signals are free.
Binary Option Auto Trading works on behalf of several signal providers. Signal providers are professional traders that generate signals and integrate them in Binary Option Auto Trading software. Besides human signal providers, Binary Option Auto Trading provides a few computer algorithms that create binary signals using different indicators. Traders can choose between:
- Euro Trader
- Pro Trader Lennon
- US Trader
- World Trader
- Pro Trader James
If you are trading with more brokers at the same time, you can activate various signal providers with each broker. This way you diversify your trading plan and learn which method works better.
Placing Trades on Binary Option Auto Trading Platform
Most beginners are scared of this step. Before you start trading with real money, you have to be aware that binary options carry a high level of risk to your investments because of the volatile market. Trading with an automated robot is the best solution for traders with no experience. After registration with Binary Option Auto Trading robot, a trader can make a deposit with a broker. It is important to say that traders need to open an account through Binary Option Auto Trading platform in order to trade automatically. When a trader has made a deposit, his balance should be visible on Binary Option Auto Trading platform.
Auto trading With Binary Option Auto Trading Robot
Basically, Binary Option Auto Trading will automatically place trades on your behalf. Traders can simply click on “Active” to enable active trading and Binary Option Auto Trading will start placing trades. A number of trades depend on your settings. If you have restricted a number of trades, the robot will stop trading when it reaches that amount. The number of trades also depends on signals providers that calculate binary signals. If they don’t have binary signals, they won’t send them to the robot. Don’t worry if that happens, the market is constantly changing and providers will send those signals when the best market opportunity comes.
All of the above should help you begin trading with Binary Option Auto Trading robot and understand each feature. According to the website, Binary Option Auto Trading has 86% winning rate when trading low and medium signals. We have been searching for information about manual trading, but apparently, it is not available. Traders that want to manually place trades can always login with their broker and do it on their trading platform.
To start trading with one of the brokers from the Binary Option Auto Trading portfolio, there is a minimum deposit that is usually between $200 and $300. Most brokers will allow you some bonus promotions so feel free to accept them but first, read their terms and conditions. Every broker has different trading rules and requires different terms. Most common question is about payment methods that are available with a certain broker. If you don’t see it on their page, feel free to ask their customer support.
Binary Option Auto Trading platform is a web based and traders don’t need to download any software on their computers. This means traders can login from any device that has an internet connection.