Author: Shelly Burns
Broker Specialist
Shelly Burns

BinaryOptionAutoTrading Review

Our Expert Rating
Brokers
9.2
Systems
9.8
Bonuses
9.8
Mobile
9.8
Indicators
10.0
Features
10.0
Support
10.0
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Summary

This robot software seems to tick all of the boxes when it comes to binary options trading. From the 9 supported brokers offered to the various algorithms and indicators, the choices are made simple. On the whole, the site seems to provide good returns, there is positive feedback from clients displayed, and there is a box that shows in real time the latest trades made.

Risk Warning / Ad Disclosure

Risk Warning: The products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.

Ad Disclosure: Some of the links that you will find on this website are advertisements for which we do receive financial gain from referring new customers.

Introduction

Introduction

BinaryOptionAutoTrading is a robot software that executes trades for those who prefer using auto trading software as opposed to manually placing the trades themselves. In fact, unlike some of the other auto trading robots in the market, there is no option to trade manually, all trades are automated and are based on the sites own signals and algorithms.

Relatively new to the options market, BinaryOptionAutoTrading offers 9 supported brokers for you to open an account with. All of are known names, and while not all of them are licensed, they do all have a good reputation when it comes to trading.

The site is aimed at both new and experienced traders and at first glance seems very easy to use and intuitive. There isn't a lot of contact information or details about the company itself, but the trading process seems quite straight forward, and they offer customer support that is considered accessible and quick to provide the answers you are looking for.

In this review, you will learn:

  • Details of the supported brokers using their system
  • The meaning of auto trading tools and signals
  • If they have a mobile website/app and it's usability
BinaryOptionAutoTrading Screenshot BinaryOptionAutoTrading Screenshot BinaryOptionAutoTrading Screenshot
Risk Warning / Ad Disclosure

Risk Warning: The products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.

Ad Disclosure: Some of the links that you will find on this website are advertisements for which we do receive financial gain from referring new customers.

Supported Brokers

9.2
Supported Brokers

BinaryOptionAutoTrading supports the following brokers:

24option

A well-known name in the world of binary options trading, 24option are licensed by CySEC and offer several assets and expiry times with the standard minimum deposit requirement of $250.

BinaryCM

Another supported broker who has a CySEC license, BinaryCM (Binary Capital Markets) was established in Oct 2016 and is based in Limassol, Cyprus. They offer various expiry times and require a minimum deposit of $250.

uTrader

Based in the Marshall Islands and established in 2011, uTrader is an unlicensed broker that offer several assets and a range of expiry times. The minimum deposit is $250, and they offer a $5 turbo trade option.

Binarymate

New to the binary options world, Binarymate were established in 2016, so they are a newcomer by most standards. Offering returns of up to 92% they require a minimum 250 dollar deposit.

BinaryTilt

A UK based broker which was established in 2013, BinaryTilt is owned by Chemmi Holdings Ltd. They offer a range of assets and expiry times with a minimum trade size of $10 and a minimum deposit of $250.

Finrally

Registered in Mahe, Seychelles and licensed in Vanuatu, Finrally is another relative newcomer to the binary options market with various trading options and expiry times including both short and long term options.

PlusOption

This broker is relatively new to the binary options arena and is currently unlicensed. Based in Romania, they offer various account types, expiry times and a minimum deposit of $250.

RBinary

Founded in 2014 they are not as new as some of the companies that have appeared in the last 12 months but relatively new compared to others. They are an unlicensed broker that is based in Anguilla, and they offer various assets and expiry times with multiple account options.

StoxMarket

One of the more established brokers, StoxMarket have been around for a few years and are registered in Dominica with contact numbers in Switzerland and the UK. With expiry times ranging from 60 seconds to 10 minutes, the minimum account deposit is $250.

Supported Languages
Bulgarian
Danish
German
English
Spanish
French
Hindi
Indonesian
Italian
Malay
Norwegian
Polish
Portuguese
Romanian
Russian
Swedish
Thai
Filipino
Turkish

Systems And Payouts

9.8
Systems And Payouts

While BinaryOptionAutoTrading doesn't offer a specific breakdown of the information used in their automated trading systems; the algorithms are based on the following:

Classic

The Classic trading system is the most popular for new traders who have little or no experience when it comes to trading. It is the least risky but also produces the lowest results both in terms of wins and losses. If you want to use a trading system that will help you Get Your money at once, then the Classic is the one to choose.

Fibonacci

The Fibonacci trading system is more suited to those that want larger payouts without the considerable risks associated with a system like the Martingale. While this system can provide big wins, it can also produce similar losses. The value of each trade placed increases sequentially after each winning or losing trade.

Martingale

The Martingale system is the riskier of the three binary options robot trading systems but also the one that carries the most risk. If you are an experienced trader, trading more substantial volumes, this system will bring higher returns; however, losses can quickly leave you with a zero balance, so it is not advisable for the faint-hearted.

There is a helpful 24/7 live chat assistant who pops up when you land on the site.

Bonuses And Promotions

9.8
Bonuses And Promotions

While the robot software doesn't offer sign up bonuses and promotions, the brokers that they support often do. These bonuses and promotions are used to incentivise traders to open a trading account and deposit funds. For some traders, the bonuses are not a motivation as they prefer to select their broker based on results, ease of use etc.

If you are keen to benefit from a bonus or promotion, then it is worth examining which each one has to offer. You are not restricted to just one account when using BinaryOptionAutoTrading so you can choose more than one; however, it should be noted that bonuses must be traded a certain number of times before they can be withdrawn.

Mobile Trading

9.8
Mobile Trading

It is not common for a robot trading software to offer an app to traders, although some do. BinaryOptionAutoTrading doesn't have an app for Android or iOS, although they do provide an easy to use mobile trading experience.

The website is mobile friendly and enables you to trade on the move, whether on a smartphone or tablet. The site is responsive for whatever device you are using so you don't have to pinch and squeeze the screen to see what you are doing.

Expert Reviews

Algorithms And Indicators

10.0
Algorithms And Indicators

Algorithms and indicators are used by auto trading robots to decide how to place your trades using many factors. There are 6 main indicators in total; Trend, CCI, RSI, Williams, Stoch and MACD all who use a different analysis of the markets to place trades. The 6 are all variations that look at the various trends, behaviours and predictions of the markets and how they are likely to behave. Here's a look at three of the popular indicators:

Trend

The trend is the most simplified indicator and does exactly as the name suggests. It examines trends in the market place to determine how to place trades. If a stock has a steady upward trend, then the system will place a call trade. If it's showing a downward trend, then it will place a put.

RSI

When the price of an asset is high is thought that lots of people will sell, when the price is low, then lots of people will buy. The Relative Strength Index follows these behaviours to trade on assets.

STOCH

An acronym for Stochastic Oscillator indicator, STOCH is a little more complicated than the trend or RSI indicators. Its translation is "having a random probability distribution or pattern that may be analysed statistically but may not be predicted precisely". This indicator is also used to predict the movement of assets when placing trades.

Special Features

10.0
Special Features

The platform is 100% automated. This means that you cannot switch to manual trading and that you don't have to be connected to the internet or have your browser open to be trading. In addition to this, there is an automatic stop-loss feature, which means you can select the limits that you want to trade each day.

The website is intuitive and easy to use and shows you the supported brokers and available assets on the home page, so you don't need to go searching for the information.

Trending Pages

Customer Support

10.0
Customer Support

Both the brokers and the robot software all tend to have the same contact facilities. Firstly there is a 24/7 live chat assistant who pops up when you land on the site asking if you need help. You minimise the box, and it sits at the bottom of the screen until you need it.

In addition to this, if you want to contact someone, there is the facility to send a message. You need to scroll to the bottom of the page and find the link for this first though. If your question is popular, then you may find the answer in the FAQ section of the site.

Conclusion

9.8
Conclusion

This robot software seems to tick all of the boxes when it comes to binary options trading. From the 9 supported brokers offered to the various algorithms and indicators, the choices are made simple. There does appear to be little information about the multiple indicators and trading systems used and not much of a breakdown of the numerous brokers however if you see the "guides" section you can see that you make your choice when opening an account at which point they notify the relevant broker.

On the whole, though the site seems to provide reasonable returns, there is positive feedback from clients displayed, and there is a box that shows in real-time the latest trades made. The site is intuitive and easy to use, and it seems to stack up well against the competitors.

Risk Warning / Ad Disclosure

Risk Warning: The products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.

Ad Disclosure: Some of the links that you will find on this website are advertisements for which we do receive financial gain from referring new customers.

Frequently Asked Questions

FAQ

Is BinaryOptionAutoTrading legit, will they scam me?

This robot software company is a relative newcomer to the world of binary options, but so far, they seem to be making the right impression in the market.

Do they have a decent mobile or tablet app?

While BinaryOptionAutoTrading doesn't offer an app; they do have a fully responsive mobile offering for all handheld devices so that traders can check their progress anywhere.

What bonuses are offered for new traders?

The robot software platforms don't offer any bonuses. It is the brokers who provide the bonuses, so you should check out each one.

Can I start trading on a free demo account?

Not all robot software platforms offer a free demo account, and this is the case with BinaryOptionAutoTrading. To be honest with their trades being 100% automated, there isn't a lot to test.

What's the minimum deposit and trade amount?

With all robot trading, the deposit and minimum amounts are set by the broker. Most require a minimum deposit of $250. When it comes to minimum trading the requirement, it's approximately $1 to $25.

Meet The Author
Shelly Burns
Shelly Burns
Broker Specialist
-

Shelly is proud of her current position as Head of Brand for a well-known organisation that owns several brokerages in the trading sector. She’s consulted for us since 2015 and readers can benefit from her insider knowledge of how brokers work. Learn more.

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