Binary Auto Trader Review
Binary Options Auto-trader is an automated trade copying solution for traders who wish to automate the binary options trading process. Developed by French company, SAS Neutrino, the software acts as a signal receiving platform which works by trading signals automatically on a trader’s behalf on their chosen broker in the same way as they would do so themselves manually.Visit Website
- Transparency of results
- Win-rates have recently been lower than average
Binary Auto Trader Info
|Price: $100 to $1000 per month||Signal Type: Software Algo|
|ITM: 69%-84%||Signal Execution: Robot|
|Signal Delivery: Google Chrome App Extension|
About Binary Auto Trader
Traders no longer need to sit down at a computer all day, waiting for signals to arrive.
Binary Option Autotrader has been developed as Google Chrome extension which chooses an asset, expiry time and trade amount and then buys a call or put option on a trader’s behalf. The extension works as a trade copying solution, which effectively means that real traders do all the work. When Binary Options Autotrader’s team of professional experts are ready to make a trade, the software will also carry out the trade for all its users which are then automatically copied into each trader’s binary options account.
Binary Options Autotrader is in continuous communication with its servers and checks for new signals every second. If there are any, it sends out an alert and trades them on a trader’s behalf in accordance with their specified settings. As Binary Options Autotrader uses the very latest technology in web applications to connect to its servers, traders are able to receive professional signals in real time. Its professional team works and sends out the best signals from 6am to 8pm GMT.
Like many other signals service providers, Binary Options Autotrader works with a number of recommended binary options brokers. Both monthly billing and free plans are available depending on a user’s trading requirements. The service is backed by an effective customer support service that is available by email. Overall, traders are provided with a complete binary options autotrading package to enable them to maximise their trading goals.
Binary Options Autotrader How To Join
Traders can join Binary Options Autotrader with a range of monthly billing and free plans available. Its Bronze Month package starts with a maximum investment of $100 per signal. At the upper end of the scale is the Diamond Month package with a maximum investment of £1,000 per signal.
Binary Options Autotrader also allows traders to obtain access to its software free of charge. Those opening 1 new qualifying broker account receive 1 free Bronze Month. Traders who open 2 new qualifying broker accounts receive 3 free Silver Months and those opening 3 new qualifying broker accounts receive 6 free Gold Months.
In order to qualify for free months, traders need to select their compatible broker from those listed including StockPair, 24Option, CherryTrade, Banc De Binary, GOptions and Grand Option.
Traders should then click on the broker’s respective logo, register a new account with the minimum deposit stipulated and submit the deposit receipt to Binary Options Autotrader. Upon receiving an activation link by email, traders can go onto install Google Chrome and the Binary Options Autotrader.
Binary Options Autotrader How It Works
Once the software has been downloaded and installed, users need to log into their broker so that it can trade automatically. Binary Options Autotrader works by sending signals to a server that redirects them to a user’s computer and trades them automatically. During the day, Binary Options Autotrader’s professional traders look for opportunities in the market and place trades when they believe their predictions might be correct. These trades are copied into a trader’s account simultaneously.
A user’s computer must be logged on for the software to work. It is also possible for traders to continue trading as normal while keeping Binary Options Autotrader on in the background. Traders should ensure that their computer is kept on from 6am to 6pm GMT weekdays coinciding with when the signals are sent. Using a VPS (virtual computer) to run Binary Options Autotrader is an ideal option for traders who are unable to let their computers run during these times.
Binary Options Autotrader Results
Binary Options Autotrader provides around 80 signals per month but the number can vary in accordance with market conditions. The service offers complete transparency in terms of results with performance screenshots and listings shown on the website. Win rates average at around 52-69%.
Binary Options Autotrader displays real performance statistics and while their results have not been particularly outstanding due to performance and technical issues, its new version which allows integration with SpotOption v2 platform has fixed the compatibility and functionality issues that were previously experienced.
Binary Options Autotrader Scam Watch
Binary Options Autotrader is in our opinion a professional autotrader with a transparent approach, meaning that results can be seen via screenshots on the website. This along with the fact that Gold and Diamond subscriptions come with a money-back guarantee in the event of a losing month leads us to conclude that the service is legitimate. We also admire their openness in respect of the recent technical and performance issues experienced. Binary Options Autotrader does not exhibit the characteristics of a scam and while we always urge traders to be mindful of using any signals software service, this one does not raise any cause for concern as the win rates posted on its website are realistic.