Due to the fast pace of modern life, people are often forced to multitask throughout their day. This is especially true if you’re a trader – you can’t expect to place winning bets if you’re not completely focused. Fortunately, the existence of automated trading software products allows traders to tend to their daily duties, while trading at the same time. Automated Binary is yet another addition to the binary options robots market. It offers a highly customizable trading interface paired with a wide selection of binary option brokers. Furthermore, by using the free demo account, you can develop a unique trading strategy without risking any of your money. Combined with high payout rates, this software will surely reward you with breathtaking wins. Interested to learn more? Our experts have thoroughly examined this robot and wrote a detailed Automated Binary review article. Just read on and you’ll learn all you need to know!
Automated Binary Review | How to trade?
We decided to start our Automated Binary review article off by explaining how one can become a user of this tremendous software. The procedure is actually pretty fast and simple, to be honest. In order to open an account, one needs to select his/her preferred broker and enter some personal information. Since Automated Binary software is completely free, in order to commence trading, you’ll need to open a trading account with one of the available brokerage companies. We’ll talk more about those brokers in the following parts of this Automated Binary review. After submitting the necessary information, you’ll be asked to make an initial deposit with your chosen broker. The moment your deposit is registered, you’ll become eligible to trade with this software. If you activate its auto trade option, the robot will start opening trades in accordance with your trading preferences. These can be tweaked by changing some of the numerous trading options. Keep reading and learn how to do it!
Automated Binary Review | Trade Size and Algorithms
After reviewing the basic trading concept, let’s now deal with money management and indicators. Trade size determines how the software will handle your desired trading deposit amount. Safe or classic method will invest a fixed amount in each trade, regardless of the win/loss trend. This method is recommended for beginners and those who don’t want to risk a lot. You can, of course, change the amount at any time if you wish. Compound or Martingale system originates from casino gambling techniques and is now successfully implemented into the binary options trading, as well. This system will double up the investment after each loss, earning you back your deposit with extra profit. After the first win, trading investments roll back to its initial value. An accurate system, also known as Fibonacci, is deeply rooted into the concept of repeating number patterns. It uses advanced mathematics system to correctly predict the future market fluctuations, but also requires higher investment amounts.
As for the trading algorithms, there are six of them at your disposal. You can choose only one or a certain number of them in order to filter trading signals. “Trend” indicator determines the price change in relation to the average price trend for the chosen asset. “CCI” indicator will compare the current price with the moving average, which makes it a great tool for predicting oversold and overbought trading assets. “RSI” or Relative Strength Indicator uses the speed and change of an asset’s price, giving it a rank between 1 and 100. Overbought assets will gain an index over 70, while the oversold ones will be ranked as 30 or below. “Williams” indicator uses the relative high price values from previous time periods to determine the future movements. “Stochastic Oscillator” basically returns the mirror image of “Williams” indicator, reflecting low prices over a period of time. They are often combined by skilled traders, a move that allows them to successfully filter out fake signals. Finally, “MACD” subtracts two exponential moving averages of different duration, creating a 9-day trigger for executing trades. As you can see, many features here can be changed, meaning you can completely personalize your trading modes. But how much will all of this cost? Read the next section of our Automated Binary review to find out!
Automated Binary Review | Brokers and Banking
Automated Binary software has teamed up with many respected brokerage companies to give you the best possible trading experience. All of these brokers are well-known, secure and legitimate, so there is absolutely no way you or your funds experience problems of any kind. The palette of available brokers includes 24option, Stockpair, Tropical Trade, Opteck and many more. Keep in mind, however, that the list of available brokers will change depending on your country of residence. This is strictly because each broker has its own operating area, which might not include your country. Nevertheless, you will surely have a lot of success no matter which company you pick.
Banking methods are different for each broker, but some average amounts can be determined. Minimum deposits are usually set to 250$, which is the average amount in this industry. However, traders are advised to deposit at least 500$ in order to unleash the platform’s full potential. Various deposit methods are available, ranging from bank transfer and credit cards to prominent e-wallets. Most importantly, withdrawals will usually be processed in under 5 business days. Need some free trading resources to consult? Read the final part of our Automated Binary review and learn what you have to know!
Automated Binary Review | Resources
If you want some more info about any part of this software, FAQ page is the place to visit. Everything is explained thoroughly there, so you will surely find all the answers you need. Of course, you can also contact the customer support team at any time and have your queries answered momentarily. In any case, we suggest you try out the demo account which contains 50 000 fictional dollars. That way, you’ll be able to try out different strategies and combinations and find your ideal one. With that, it’s time to wrap up this Automated Binary review article.
Automated Binary Review | Conclusion
At the very end of this Automated Binary review, we can once again state that this software is really something special. Highly customizable trading interface, huge number of available brokers and high payout rates are some of its major advantages. On top of that, you can even give it a try for free by using the demo account. It really doesn’t seem this offer can get any better, so go on and give this robot a try – you surely won’t regret it!