Binary options robots.
Artificial Intelligence and Algorithmic Trading for Binary Options Trading.
Binary Options Robots.
What is Binary Auto Trading?
Thanks to technology improvements over the last few years, binary options traders now have an amazing opportunity to trade binary options in a more easy and sophisticated way. Binary auto trading comes as a leading innovation, since the whole trading process is based on automated software.
With automated binary options trading, there is no human element involved. The entire trading process is done automatically. Binary options auto trading completely relies on binary trading signals.
There are now many different robots available for trading binary options. The hard part is figuring out which robot actually works, and which robots are a scam.
What Are The Real Results?
Many robot providers like to brag about results of 90% accuracy.
The truth is, 90% results can happen when the robot is on a winning streak, binary options but a losing streak of only 40% success rates will wipe out your trading account quickly.
Different brokers offer different returns (see table above), so that also effects the performance.
The Problems Using Auto Trading Robots.
The terms high frequency trading, algorithms, and automated trading are thrown around Wall Street like they are no big deal. When a Wall Street firm builds a trading system, it is designed by stock market analysts and then back tested to near perfection before it goes live.
The majority of binary option robots give us no idea what the robot is programmed to do. For all we know, it could be just randomly generating trades.
Can You Customize the Robot?
You watched a video, or received an email. They told you to just open an account and the robot automatically trades for you.
But where are the controls?
Can you pick which assets are traded? Can you choose where the signals come from? Did you know that different brokers have different returns?
Complete robots or signal executers ?
Some binary options robots can take over your entire trading process – they find trading signals and execute them. There is, however, also the option to get both systems individually. Signal providers create signals and tell you what to invest in, and some robots simply provide the opportunity to execute these signals with your account.
Unfortunately, this system has many disadvantages, for Binary Options example:
You have to pay two providers. Doubling your cost without providing any added advantage, such a move makes little sense. All of these systems lose some signals. Usually, these systems lose around 50 percent of the signals your signal provider creates, greatly reducing your earning potential.
Consequently, we recommend sticking with complete robots. On this site, we will focus on complete robots exclusively, and when we talk about robots in this article, we always refer to complete robots.
How much do binary options robots cost?
Prices for robots can vary greatly. As with most products, quality is expensive; but if you know what to look for, you can also get a quality robot for little money – even for free. Let’s not get ahead of ourselves, though, and start from the top.
Most robots come for a one-time fee of around $200 to $500. For this money, you buy lifelong access to the robot and its service. Some robot providers also offer their robots as a subscription service for around $100 a month. If you plan to use a robot for more than half a year, the one-time fee is always cheaper than the monthly fee, which is why we recommend getting a fixed price robot to everyone.
Of course, with fixed-price robots, the initial investment is a little higher. This, however, should not deter you from choosing a fixed-price offer. Most brokers offer a 60-day money back guarantee that allows you to get all your money back within the first two months of your purchase.
This guarantee allows you to test the robot thoroughly and if you do not like it, get out without having lost a single Cent. Consequently, the higher initial investment does not result in a higher risk and is, therefore, no reason to neglect brokers that are priced this way.