Option Robot a Scam? Option Robot Review, Demo and Settings

Option RobotIsn’t it  pretty much exciting to find a Binary Option Robot that simply makes huge amount of money while you sleep? The answer is, of course, “yes.” However, your follow-up question should then be, “Does it really work?” And the answer to that question is rarely as positive as the initial assertions may sound. This is no different in the case of Option Robot (OptionRobot.com), an auto trading software developed back in 2014, which is based on technical analysis.

Option Robot Review

One Google search for “Option Robot” yields an unending stream of websites reporting that people have experienced massive wealth trading with this platform. Everyone from Youtube testimonials to reputable review site praise it as the best auto trading solution, but the real truth about Option Robot may surprise you. While it may not have magical money making power, Option Robot is very useful and has several benefits; when properly put into place made Option Robot unarguably lived up to its promises of providing its clients with a profitable system that gives them some extra cash and make them have enjoyable trading experiences. Option Robot have gained lots of trust from their clients owing to their reliability and credibility. We know this because we have also received so many testimonials from other users. So we can therefore say that this software worth giving a your time.

So, read on, and discover the real truth and benefits of  OptionRobot.com auto trading software.

Option Robot Review

There’s a current trend of using Option Robot to make easy money from home. — a trend that exploded when a popular binary option robot review site introduced it as having up to 95% accuracy. It’s really hard to ignore, when the assertions many review sites and people regularly trading with Option Robot make include such things as making $2,000 in day with no other significant knowledge in binary option.

I continue to passionately support the statement that “Auto Trading Binary is Highly Risky ” Realistically, the risk associated with binary option is much greater than we have been led to believe. Real trading experience back up this claim (even when some “Authority” sites ignore it), so it’s important to know what real users really say about auto traders like OptionRobot.com, especially when the results shown are so incredible.

The truth is that Option Robot has various profitable benefits (which I’ll explain a little later), but its role in raking profits is not quite as “magical” as some have insisted.

So, here are the facts:

1.There have been two genuine feedback from real traders regarding Option Robot and its accuracy on real trading account and one additional study conducted on the demo account.

First is on the actual accuracy of the Option Robot. In this case, some real users were able to provide us with an overview of they success rates in which they were able to achieve using Option Robot.

Later the second feedback was received on how best to select technical indicators, in order to achieve maximal accuracy. The indicator options were mixed and matched to different trading strategies offered by the OptionRobot.com. The overall performance and accuracy of the Option Robot was recorded.

In the demo study, the Option Robot demo price feed was matched with real life price chart.

2. From these feed backs, we discovered that Option Robot is a self generating signals provider which does not seem to guarantee a static percentage of winning accuracy, but have potentials of generating an incredible level of success rate.

The first feedback on accuracy found Option Robot to have a positive success rate on your account, ability to make some decent amount of monthly income. Other significant results included potential of making $200 – $500 per day when used properly.

Sounds great, right? Here’s where it gets interesting: Although Option Robot did seem to be a profitable option, some participants in this study did not actually make significant profit. They certainly did not see the kind of results that would lead to claiming Option Robot to be a miracle “Money-making” machine with a guaranteed 97% win rate.

After sometimes, the second real trading feedback was analysed, this time on the best indicators and trading systems for the Option Robot. Again, these indicators were mixed and matched to different trading systems. Like the first study, we could not find any significant proof to show that a particular indicator or selection of indicators were more profitable, meaning that no particular indicator or selection of indicators work for everyone.

”With the Option Robot, every investor needs to setup their own trading strategy, and therefore, no two people will have the same results. If one trader only chooses, EUR/USD and another trader only selects AUD/USD, there is no way the results will be the same. And this is the main reason why it is such a versatile software. You must setup everything yourself.”

In the Option Robot demo study, we discovered that the demo price feed is different from the real trading price movement. Thus the accuracy derived from the demo trades will be different from the real trading section.

What am I getting at here? Option Robot, while offering some benefits and potentially helping make extra amount of income by generating profitable signals, does not miraculously rake huge profits within a short time — at least, according to real trading experience.

As always, the most effective way to safely trade binary option is to start on a real demo account, study the market regularly and use proven trading strategies of “extra help” in your online trading journey. It’s not impossible to make huge profits from trading, but it usually won’t easily happen because of one free software.

One important conclusion all of these studies also reached is that OptionRobot.com did not seem to have “features suggesting it to be a scam.

Is Option Robot scam free?

With the consistent influx of so many scam software into the binary options market, it is very essential to be skeptical when selecting a software and always check them out before making a choice.

So at first when our team approached Option Robot, we were a bit skeptical and did more researches on it. From our results, we must say that we are really impressed not just on the features and quality of the Option Robot but also on the fact that makers of this products didn’t make attempts to make ludicrous and unrealistic promises of profits and lies.

Unlike the scams we see, there are no fabrications, fakes display of profits, fake testimonials or actors telling us some stupid lies on how they have made thousands to millions of dollars within a short time of using the Option Robot and other facades. So to a large extent, we can say that this is a legit system.

Option Robot App

Benefits of Option Robot

Now, don’t get discouraged. While Option Robot may not be the miracle money making machine many are looking for, it does have several benefits that makes it the number one profitable and popular system.

Best Accuracy

This software has one of the highest tested performance rate, especially when it comes to accuracy. It is not affected by any trader’s emotions or negative circumstances. It is completely automated software that works on very accurate signals, which leads to high payouts.

Beginner friendly Platform

Option Robot has easy to use trading platform. Even binary trading newbies with no trading skills or earlier knowledge will easily be in control of this amazing software since the user can easily manage their settings. Making it suitable for both professional and newbie traders.

Time Saving

The Option Robot saves your precious time because there’s no more need to perform extensive fundamental and technical analysis before trading.

Proven Trading Strategies

The robot trades by using the most important trading strategies which are the classic system, Fibonacci system, the martingale system and a combination of some other advanced binary options trading strategies.

High quality customer support

The Option Robot support team is always there to assist you with any problem you may encounter while using the software. This is unlike many scam products where the support is almost non-existent or very difficult to reach.

Option Robot is free

Best of all, it is free of charge and works with reputable brokers in which you are required to deposit a certain amount of money.

Option Robot Software vs Binary Robot 365

Option Robot vs. Binary Robot 365

The accuracy of Option Robot is often claimed to be similar to that of Binary Robot 365, another popular auto trading software. However, like most popular binary option robots, its true results are not quite as exciting as the testimonials. Like Option Robot, BinaryRobot365.com gives some aid in making extra income but is not effective at raking huge amount of money as some people might claim.

Let’s take a look at the similarities and differences of these two popular software.

Both:

  • Have been named the most popular auto trading software in some popular review sites
  • Help make extra income when used in the right way.
  • Synced with regulated brokers (with Option Robot having more of regulated brokers).
  • Generate multiple signals at different time of the day.
  • 100% free automated robot signal system.
  • Vast currency pair.

Differences:

  • Option Robot is the original software having been in existence since 2014.
  • Option Robot is synced with more number of regulated brokers.
  • Performance rate of Option Robot have been shown to be greater than that of Binary Robot 365

Using the Option Robot

Indicators: The Option Robot provides you with 7 profitable indicators. The selected indicators are where the signals are generated from. You must choose from the 7 indicators before the Option robot can perform.

Method: Here you choose from the 3 trading strategies and money management systems. these include the Classic, Martingale or Fibonacci.

Currencies: You choose from 8 profitable currency pairs. Information about these currency pairs can be easily sourced on the OptionRobot.com website.

Max Simultaneous Trades: This is the number of trades that the system will make at any given time.

Expiry: This is the duration in which the robot will make trade for you. You choose from 60 second options to one hour options.

Amount: This is the amount per trade. The minimum is $5 per trade, and its maximum is $600 for those in a high budget.

What is Option Robot ?

Option Robot is indeed a beautiful software with several indicators and strategies coupled with good money management systems that can make trading worth the while and profitable. It is automated which is good especially for people with little or no experience in trading. Also, in addition to the automated trader, Option Robot also gives you the opportunity to trade manually; that is, for those with some sort of experience who would like to equally place trades on their own.

The Option robot software is quite easy to use. It has a sophisticated yet simple platform which is user friendly and easy to navigate . On the webpage, there are several guidelines directing you on how to go about your registration and more. So making use of the software wouldn’t be a problem.

How does the Option Robot work?

Like we said, Option Robot is a fully automated system and only requires you to be connected to the internet for trades to be placed. It generates its signals from analyzing the markets and trends using several technical indicators and money management systems which enables it to give you the average winning accuracy of 83%.

Option Robot Indicators

There are basically six indicators used by the Option Robot and they include: RSI, trend indicator, Stoich indicator, William %R indicator, MACD, and CCI indicators . The beauty about working about these indicators is that they are very customizable. You can decide on the indicator you would like to use at any point in time. Also, you can combine two or more or even all the indicators to give better results. So in a case where you select two or more indicators, trades won’t be placed unless all the chosen indicators correspond thus increasing the accuracy rate.

Option Robot Trading Systems

Option Robot gives you total control over your software and trades helping you to manage your money and risks unlike the many scams out there. In using this software, there are three trading systems available for you to choose from. Your selection will depend on the level of risk you are willing to take, however it also reflects on your profits. The systems include:

1.classic system: This is the regular system commonly used in binary options trading. It is quite simple and involves little risks; the least of the three trading systems. However, it comes with lesser profits when compared with the other two. This system is recommended to beginners in the binary option trading with little experience in other to manage their profits and losses.

2.Fibonacci System: This system was adapted from mathematematical calculations which has been incorporated into market trends. It involves higher risks than the classic system with higher losses. Although to compensate this, it has high pay out ratio with higher profits.

3. Martingale system: This system originates from casino players and has been integrated into binary options. It is the riskiest of the three. Although it has really high payouts, it is not adviced for beginners to use this system. It should be reserved for professional traders with high investments.

Option Robot Demo Account

Option Robot provides you with a demo account with virtual money which you may use for trading. This is very important especially for beginners because with this account, you can practice various strategies. Whenever you feel ready enough to begin real trades, you may make a deposit and start trading live with real profits.

Option Robot Brokerage

There are various brokers available to you as a trader with the Option Robot software. The software is affiliated with credible and renowned brokers which include big names like 24options and Stockpair amongst more. Even more interesting, you are allowed to select your broker which is very unlike the scams we see where brokers are imposed on you. However, a turn off to this is that you aren’t allowed to maintain already existing accounts with these brokers. That is, you would need to open a new account with the broker and this is common with binary option software.

Final Thoughts on Option Robot

  • Option Robot is an automated system. This simply means that it can run on autopilot mode. However, traders who want to take control can use the manual trading feature. This means that users will be able to trade on their preferred signals.
  • The Option Robot algorithm places over 350 trades per week. This is simply groundbreaking since it means users will usually get nearly 40 to 50 per day.
  • Option Robot is a groundbreaking software developed by European software developers back in 2014, and had the potential of making serious amount of money for its users.
  • There is no proven accuracy of the Option Robot as a miraculous money making machine. Nothing like 95-97% success rate as such does not yet exist in binary option.
  • Free upgrades.
  • No Secret Fees!
  • Multiple Signals at various times in a trading day.
  • 100%  free automated robot trading software.
  • If you don’t have the time to trade but still desires to make some extra profits while you do other things, then Option Robot is for you!
  • Your Capital Might Be at Risk!

Official Sign Up Page: OptionRobot.com/Signup

Leave a Reply

Your email address will not be published. Required fields are marked *