Author: Jacob Bailey
Market Analyst
Jacob Bailey

BinaryOptionsRobot.com Review

Our Expert Rating
Brokers
8.2
Systems
8.6
Bonuses
8.8
Mobile
8.6
Features
8.0
Support
8.4
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Summary

BinaryOptionsRobot.com offer some features that aren't available with other robot software providers. The availability of an app and the different trading systems in addition to their VIP account make them a little different to some of the other robot traders. Overall they offer an easy to use, trading on the go, experience.

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

BinaryOptionsRobot.com is a relatively new entrant to the binary options arena offering an extensive choice of both licensed and unlicensed supported binary options brokers, some of who are very new to the world of binary options. Currently, they offer trading in only 8 currency pairs though which include the USD/JPY, EUR.GBP and EUR/USD.

Unlike some of their peers, who offer a greater choice of assets, they do provide several features that you won't find on other platforms. These include a VIP account, an app for both Android and iOS and a whole section dedicated to binary option trading education for those who are new or relatively inexperienced when it comes to trading.

While they are new to the market, they are working hard to establish themselves as a reputable robot trading platform with 24-hour customer support, 7 days a week. They also offer trading systems that you won't find on other platforms as well as the option to trade even when not active online although the safeguard of an automatic stop loss means that you won't lose too much on a bad day.

In this review, you will learn:

  • The brokers available on BinaryOptionsRobot.com
  • Different trading systems and algorithms offered
  • All the unique features of this robot trader
BinaryOptionsRobot.com Screenshot BinaryOptionsRobot.com Screenshot BinaryOptionsRobot.com 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

8.2
Supported Brokers

The following supported binary options broker are available through the BinaryOptionsRobot.com platform:

24option

As a more established binary options broker, 24option is a well-recognised and trusted brand. They are licensed by CySEC and offer various expiry times ranging from 60 seconds to 5 minutes as well as several assets.

PlusOption

Unlicensed and relatively new to the binary options market, PlusOption was established in 2015 and is headquartered in Romania. Offering 4 different types of accounts and various assets, the minimum deposit required is $250.

BinaryOnline

Trading since 2016 they seem to have entered the market on a mission to rise above the reputation of unscrupulous brokers and provide a service that traders can trust. With many expiry options and minimum trades of $5, their website makes trading easy and comprehensive.

RoyalMarkets

Registered in Saint Vincent and the Grenadines, RoyalMarkets aims to make trading accessible to all with a range of educational tools and an intuitive trading experience.

Prestige.FM

Regulated and registered in Vanuatu and operated in Sofia, Bulgaria, you can see a copy of their license certification on their website. Offering returns of up to 88%, the expiry times available range from 30 seconds to 5 minutes.

Omenda

Based in St Vincent and the Grenadines, Omenda has been only operating for a short while having launched in 2016. They currently offer a range of assets and expiry times with a minimum deposit of $250.

PWRtrade

Located in the Marshall Islands, PWRtrade is built on the popular SpotOption platform and offers more than 80 assets with a minimum deposit requirement of $250.

PrimeCFD

A very new entrant to the market opened in April 2017, PrimeCFD is located in Sofia, Bulgaria and is yet to be licensed. With expected returns of 82-88%, they offer 5 different account types.

BinaryCM

Established in October 2016 and already operating with a CySEC license, BinaryCM (Binary Capital Markets) is based in Limassol Cyprus which some may consider the home of Binary Option trading.

CFDStocks

Catering for English, German and Spanish speaking traders, CFDStocks has both an address in England and St Vincent. They are currently unlicensed. They offer a range of expiry times from 60 seconds to 5 minutes, with over 180 assets to trade.

LionMarkets

Launched in 2016, LionMarkets is another new broker to the world of binary options. Trading on the SpotOption platform they offer minimum trades of $10 with a minimum deposit of $250.

Lionexo

Located in Sofia, Bulgaria, Lionexo is new to the binary options arena. They trade on the Panda Trading System and offer a variety of Forex, commodities, stocks and market index assets with expiry times ranging from 30 seconds to 10 minutes.

Supported Languages
Bulgarian
Czech
Danish
German
English
Spanish
Finish
French
Hindi
Croatian
Hungarian
Italian
Japanese
Korean
Dutch
Norwegian
Polish
Portuguese
Russian
Slovenian
Swedish
Turkish
Taiwanese
Vietnamese
Chinese

Systems And Payouts

8.6
Systems And Payouts

Unlike many automated robot software platforms, BinaryOptionsRobot.com uses different trading systems to the usual Classic, Martingale and Fibonacci Systems. These trading systems are as follows:

  • Wise Growth Strategy
  • Perfect Pitch Method
  • High Yield Systems
  • Capital Gain Cue

At least one of these trading strategies has to be selected for you to place a trade allowing you to auto-trade even when not connected or active online.

Unlike their rivals, there is also an Android and iOS app available to download.

Bonuses And Promotions

8.8
Bonuses And Promotions

In line with the other robot trading software operators, there are no bonuses or promotions offered as an incentive to open an account. The bonuses are offered by the brokers, so if this is a feature of binary options trading that is important to you, then you should examine the various broker offerings before deciding which one to use.

The bonuses are usually awarded upon sign up or on receipt of a deposit. To withdraw the bonus it has to be traded a specific number of times (the number is determined by the broker) before it can be withdrawn.

Mobile Trading

8.6
Mobile Trading

In this age of modern technology and transacting on the go, it is critical to an online platform to be mobile responsive. The BinaryOptionsRobot.com platform is available to use on all devices, whether Android or iOS for those who like to trade on the move.

Unlike many of their rivals, there is also an Android and iOS app available to download. This is particularly useful for those who like to receive notifications and remain logged in. The downside of the mobile website is that you have to keep checking back.

Expert Reviews

Algorithms And Indicators

8.4
Algorithms And Indicators

As well as choosing your trading system, there are also various algorithms or, as they are otherwise known, indicators, that are used to make trades based on a set of code. This offers the trader the opportunity to trade without emotion and fear. Popular indicators and algorithms include:

Trend

The trend indicator looks for patterns in the market of the various assets to determine the likely activity of those assets and then predicts whether the trade should be a call or a put.

CCI

The Commodity Channel Index refers to the average of asset trends so rather than following a particular pattern; it will take an average of the performance over time and then make trades based on this information.

Williams

Unlike the trend indicator, which looks at the general trends of an asset, the Williams Indicator will identify extreme trends of a particular asset. If a stock or currency is showing extreme activity or behaviour, then this specific algorithm will decide whether to call or whether to put.

Special Features

8.0
Special Features

There are a few unique features worth mentioning. One of these is the fact that they have an app for traders who prefer an app to a mobile website. In addition to this, they offer several trading systems which are unique to this particular trader, as mentioned above.

One noticeable difference between this robot trader and their competitors is the fact that they offer a VIP account for the more severe and more substantial investors, although a downside of their offering is the limited available assets.

Trending Pages

Customer Support

8.4
Customer Support

In addition to their FAQ section, there is also a contact link in the main menu section which brings up a contact form to enter your name, email, subject and message. This feature is available before you open an account so if you are unsure as to whether this is the service for you and you want to test their customer services, then you can send them a message and see how long they take to respond.

There is also a live chat box which sits at the bottom of the page both on desktop and mobile for those who want to speak to someone in real-time.

Conclusion

8.4
Conclusion

While the website isn't as intuitive and easy to use as some of their rivals, BinaryOptionsRobot.com does offer several features that aren't available with other robot software providers. The availability of an app and the different trading systems in addition to their VIP account make them a little different to some of the other robot traders.

They offer a lot of information about the binary options market in the form of various explanatory articles in their "guide" section, but unfortunately, the number of assets is limited to currency pairs and only a select few. This is fine for those who only like to trade in currency pairs but restrictive to those who want more choice. Overall though they offer an easy to use, trading on the go, experience.

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 BinaryOptionsRobot.com legit, will they scam me?

We found that this robot software was legit and scam-free. Their customer service is easy to get hold of, and their site contains lots of educational articles.

Do they have a decent mobile or tablet app?

Yes to both! They have a fully responsive mobile website that is compatible with all devices, and they also offer an app in the App Store for iOS and Google Play for Android users.

What bonuses are offered for new traders?

It's not common for auto trading software to offer bonuses to traders. If you are interested in bonuses, then you need to select the broker which provides the best one for you.

Can I start trading on a free demo account?

There appears to be no free demo account with BinaryOptionsRobot.com's software. They do offer lots of help and advice and trading guides to help traders get familiar with trading.

What's the minimum deposit and trade amount?

The minimum deposit requirement is specified by the broker and not the robot software. Usually, the amount is set at $250 by most brokers. When it comes to minimum trade size, these vary between brokers.

Meet The Author
Jacob Bailey
Jacob Bailey
Market Analyst
-

Jacob has been an author for us since our launch in 2012. He has over forty years’ experience in the financial sector and has held a variety of positions within financial services corporations and venture capitalist organisations. Learn more.

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