The American real estate boom and subsequent bubble burst some ten years caused a global recession. Major world economies were negatively affected and some industries even collapsed. Most importantly, the perception of people towards the more traditional investment brokers and platforms such as real estate changed forever. Funny enough, binary options trading as a viable investment option gained prominence in , when America, and pretty much the whole world were experiencing recession.
It is safe to say that the mainstream attention and popularity that binary options robots and brokers enjoy today arose out of the need to move away from the traditional physical investments like real estate and into more liquid platforms like financial trading. Trading binary options even with signals is not as easy as it seems though. For one, there is a lot of technical analysis to be done. Think of complex mathematical charts and graphs, dozens of market variables to analyze and plenty of market news to follow.
Doing all that and achieving success is not easy, and it was never meant to be. Due to their ease of use and range of benefits compared to manual trade execution, trading systems are quite popular, their numbers totaling thousands.
In all aspects, this review will be beneficial to you, as a trader, and even to non-traders looking for some insight on trading robots. We will tell you what features iRobot offer ed and whether they are legit or not. Claim Your Free Binary Robot. Succes is Closer Than You Think!
Top Binary Option Robots in Ukraine Claim your free binary option robot, get started with three easy steps: Name of Robot Min. Deposit Rating Binary option robot. The reason for this is simple: Thus, as with everything else, you should spread your risk over a number of Binary Option Robots, to maximise potential profit and prevent loss.
Each one of the Binary Option Robot suggested in this article, has been rigorously tested, regulated, licenced and approved for the territories listed in the drop-down menu. Your Binary Option Robot will analyse the market and decide, which asset currencies, indices, commodities and stocks , is right to trade at that point in time. Your robot will assess a wide-range of factors, and then make a prediction on how the assets price will move, saying: Call up if it believes the price will rise and Put down , if it believes the price will fall.
Then you need to decide how much you want to invest in the commodity and when that investment will expire. Get the binary option robot for free by clicking on the button below! Two important points to note here; One, do not confuse iRobot the binary options software with iRobot the robot manufacturing company. And if you did visit irobot. The registered site for the software is ibinaryoptionsrobot.
Nonetheless, as a precaution which could also double as a word of advice — any site that promises to significantly expand your bank account in just a few days will most likely exhaust it in even less time.
Before even verifying the truth or lack thereof in those claims, a general overview of the features of the software is very necessary. Considering the site is new and not yet convincing enough, it is actually surprising, in a good way to see the amazing features in the robot. Although it has not yet met the standards of the market leaders, iRobot is pretty much halfway there.
The following are the good, the bad and the meh features of iRobot:. This is the upper market average and you would be hard pressed to come across a robot that is more efficient than this. The most important of these are the technical indicators which are under the control of the trader. Basically, iRobot makes use of signals from six of the best technical indicators in financial trading. Traders maintain overall control here — another big plus here — and can choose to have their trades based on all, one or just a few of the indicators.
This simply means that if any of the indicators generate a different signal, no trade will be placed. This method is attributed to fewer but more profitable trades — quality over quantity all the way. Demo account A lot of people are very new to binary options and most probably have little or no experience with trading systems. As such, we recommend going for robots which come with risk free demo versions.
The version is meant for trade practice, for lack of a more suitable phrase. All traders, level of experience notwithstanding, are invited and actually encouraged to first try the demo version before proceeding to real trading. The demo does not require signing up and is accessible to basically everyone visiting the site. This makes a lot of sense from a business perspective as it also doubles as a marketing tool.
Logically, the demo version contains the pretty much the same features as the real version. Expect to find virtual brokers, signals and even a price feed although not a live one.
To top it up, you will receive a sum of virtual trading cash from iRobot with zero conditions. Note that the demo account automatically expires once the virtual amount is exhausted so you have to be careful how you utilize it.
As you would expect, the demo version works smoothly with no hitches whatsoever. The truth is, it is always a different case when it comes to real trading. It makes sense for the developers to provide a risk free, hitch free, smooth trading experience on the demo version to attract traders. Some developers have been known to stage trading results to create a positive impression of the software to the traders. You will be shocked to find that whereas you made very few losses and big profits in demo mode, the losses are far much bigger and constant in real trading.
Thus, while demo trading is ideal for getting to understand the software, it is never a true reflection of real trading. The trader has absolute control and freedom in selecting their broker. Granted, it is a great variety but more can be done in terms of introducing more brokers especially ones with good reputation. Traders will normally be attracted to a robot that is compatible with reputable broker since they will be assured of fund security.
That is not to say that the 15 brokers are scams. Neither does it mean that they can be trusted. Simply put, it spells uncertainty, in capital letters. And in binary options, uncertainty is bad for business. A ssets traded in Another area that iRobot fails to meet even the lowest expectations is in the asset index. As it is now, the robot only carries out trades in currency pairs.
Once again, we have a case of not-so-bad-but-not-so-good-either and it really sucks. Just to state the obvious, all of us like some variety some times and even the most ardent forex traders will at times want to try out stocks, or indices. It is pretty disappointing that the software does not support the other asset types. This will force traders who wish to trade in them to find other robots, which is not that easy. Anyway, the robot features a wide range of currencies from the main world economic players and even a few exotic ones.
Here, what lacks in variety is made up for by quality — just as it should. The robot can trade in two modes; a fully automated mode or a semi automated one. In the fully automated setting, the robot collects the necessary data, generates signals and executes trades all on its own without any input from the trader. In semi automated mode, the robot will collect the data and generate signals but will leave the final decision on which direction to trade to the trader. In this mode, the robot does all the hard work and leaves the easier work to the trader.
Having two trading modes on the system is a great idea as it covers all trading preferences. For instance, there are some traders who, for whatever reason, like fully automated trading where their only role is to deposit and withdraw money.
The robot will appeal to them just as it will do to the former group. Talk about killing two birds with the same stone. Conclusion After carefully analyzing all the features of iRobot, we find no reason to call it a scam.
As a matter of fact, the robot has some of the best features we have seen and the amount of control it gives the trader is unbelievable. From experience, scam robots do not give traders that much customization options and they very rarely have demo versions.
The robot is very new to the market and few traders have interacted with it. For this reason, we cannot really recommend the robot until it proves itself in the long run.
What we can recommend is a robot that has been here for quite a long time, one that has been tested and proven foolproof by thousands of traders, Binary Options Robot. The robot is free and requires no downloads, a working Internet connection and functional browser will do just fine.
Its accuracy is also quite high and it is affiliated with the best binary options brokers in the world such as AnyOption. Check out these top rated articles! October 21st, by Michael Allen Author: Michael Allen Michael Allen is the main author at www. He holds a PhD in Economics and has worked in investment banking for 24 years. Get the best binary option robot - Option Robot - for free by clicking on the button below.
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