Pro Binary Robot – Scam or Not

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a Complete Guide for Binary Options Trading

With the help of binary options trading robots, binary options trading becomes a bit easier and less stressful. The trading robots also eliminate the errors caused by a human during trading and thus improve on risk management.

However, with the rise of the use of trading robots, there is also an increase in the rise of scammers in the market, who claim to provide excellent robots whereas they are actually after the trader’s hard earned money without minding about the efficiency or the usability of the robot thereafter. Therefore, it is important that the trader first does enough research about any robot before using his or her money to purchase it.

With this in mind, we have done a deep research on Pro Binary Robot, which is a relatively new trading robot, so as to help in answering a few questions like if the robot is genuine or a scam. Read our review to find out more about Pro Binary Robot.

Basic information:

Cost: Free
Software: 100% Automated
Max Returns: Up to 88%
Minimum Deposit: $250
Countries: All nations

  • The trading software is fully automated.
  • The robot has a very user-friendly interface
  • The affiliate brokers are not regulated
  • There was very little information about this trading software.
  • There is no proof o whether this robot is actually able to generate as much profit as proclaimed by the developer

BinaryMinery Verdict:

Not Reliable Service

What Is Pro Binary Robot?

Pro Binary Robot is a free binary options automated trading software that was developed by Bobby Benson, who claims to have had a wide experience in binary options trading.

The developer has provided a preliminary video in which he says that this robot can earn the trader profits in the range between $5,000 and $7,500 in a week, which is surely a lucrative amount of many by sight. But the truth of the matter is that for any trader to make such profits in a week, he or sh will need to have invested a lot of money as well as risk alot. It is purely impossible for any trading robot to earn a trader such amounts of money from just a mere small investment which most binary options trader invest with an aim of growing the investment slowly by slowly with time.

Screenshot

How Does It Work?

The robot is designed to operate on a number of algorithms which help it to monitor the market and come up with signals to place a call or a put option.

For the prospective traders, this trading robot requires that they first open an account with affiliate brokers before being allowed to use the robot. Then after signing up for an account, you must then make a minimum deposit of $250 to the opened account. After all, this is successfully accomplished, the trader can now choose the settings and authorize the robot to start trading for him or her.

From our research, we found out that after the robot trades for some time, the trader can then withdraw his or her profits. However, we could not identify the exact duration that the withdrawal process takes and there were some complaints about the withdrawal process. Most of the traders who have used the system claims that the withdrawal process takes to long to be finalized.

Best Binary Options Brokers 2020:
  • Binarium
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    Best Choice!
    Free Trading Education!
    Free Demo Account!
    Big Sign-Up Bonus!

  • Binomo
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Final Conclusion: Is Pro Binary Robot a Scam?

From the preliminary video that we found during our review, it was obvious that there are a lot of questions about the legitimacy of this trading robot. It is definitely not possible for a robot to make about $7,000 a week from a small amount of deposit as the $250 they claim.

Also, the developer, Bobby Benson, ha not given a clear explanation of how the robot works apart from the process of getting to use the robot that is well outlined.

There are also a lot o questions about the affiliate brokers which we found in the list provided in their official website since they were all not very familiar brokers and they are also not regulated. This makes one to have some doubts as to whether the whole process could be a scam of earning both the developer and the broker some money.

Binary Option Robot

In today’s article, our professional trader Michael Allen will teach you how to spot binary options trading scams. You will also get systematic instructions, which will allow you to trade effortlessly with the best binary option brokers (such as IQ Option) and automated binary option robot. If your goals are any of the following, then please keep reading, as this is the right article for you.

How Binary Option Robot Can Change Your Life? Look This Video!

TABLE OF CONTENT

How to Make Money with Binary Option Robot

Instructional Video – Binary Option Robot

Best Robots Signal Services

Option Robot Review

Do you want to have a free binary option robot that is able to win over 90% of the trades in our test?* Click on the picture below and find out how this is possible.

Option Robot – Scam Investigation

Hello, my name is Michael Allen. I have been a professional stock trader for over 20 years now. I have seen a number of economic ups and downs, both personally and professionally. In most of the worst cases I have seen, the main reason was because of lack of experience or poor timing. Sometimes the losses are just attributable to bad luck and stats. However, the saddest thing is that many of these losses could have been easily avoided.

In this article, I will teach you how to discern a good, effective binary options robots from robots whose only purpose is to take an investor’s money. In addition, I will give you my personal recommendation, if you want to invest with automated trading software.

Binary Options Robot Scams?

Nowadays there are several automated binary options robots available on the market, but despite the fact that the of the vast majority of them are honest: you will still find the occasional bad apple, whose sole purpose is to take your money.

If you are new to Binary Option Robots, then I would recommend reading our home page first, where I tell you in more detail about how traders can benefit from using trading software.

The great thing about Binary Option Robots, is that they can make profit in situations in which human beings are not quick enough to take advantage. If you are trading with binary options already, then you will already know that there is almost no situation where a Binary Option Robot doesn’t help you in some way: making you more efficient and helping to maximise your profits.

However, it is vital that you choose the right robot, otherwise you risk not making as much money as you should! I will also take you through the things to watch out for, which will allow you to recognise whether a Binary Options Robot is legitimate or fraudulent.

Here are the warning signs, which will help you to spot Binary Options Robot scams!

No Scam Option Robots Video

Are Binary Robots a Scam? (How to Spot a Scam Binary Option Robot?)

  • Poor Website Design. This is my number one red flag. Scammers do not bother to spend time or money to make decent web pages. Usually, they see an opportunity to make fast money and immediately take full advantage of it. I recommend paying close attention to potential image manipulations: some unnamed scammers are using photoshopped celebrity images on their webpages. While some websites are so amateurishly made that everyone can easily see that they are untrustworthy. On the other hand, if the website is as stylish as websites of large companies, it is very likely that it was made with honest goals in mind. With Binary Options Robots, it always pays to judge a book by its cover.
  • No Information About The Binary Option Robot’s Features. If you cannot find any information about the binary option robot’s features, then it is very likely that the features are very bad, or the binary option robot is extremely simple. Every honest piece of binary options software has a very wide range of ways to customize its functions according to your desired parameters.
  • No Previous Trading History. If you cannot find any information about past trades or data from previous years , this is a huge red flag. If the binary option robot were actually able to make a profit, why would the developers hide its results? This just does not make sense. Many robots promise high profits for their users, but when they try to locate where these profits come from, it is almost impossible to discover. The best binary options robots – such as the option robot – keep their trading history clearly visible on their website.
  • No Contact Information or Possibility to Contact Customer Support. Fraudsters do not have any interest in helping when problematic situations occur, so it is likely that they do not even bother to put contact information on the website. Even if there is any, they are most likely fake. However, if you find contact information and you get answers to your questions, there is a good chance that the robot is trustworthy.
  • The Binary Option Robot, costs Hundreds or Even Thousands of Dollars. There are many excellent free binary option robots available on the market, so there is no reason to pay large sums money for binary trading software. For example, my personal favorite – the option robot – is currently available for free. It is without a doubt the best binary robot, so there is no reason to pay for software of inferior quality.
  • Clearly Exaggerated Results and Promises. If an option robot promises an income of more than $1,000 per day for a new user, it is very likely that it is a scam. None of the fully automated binary option robots is able to guarantee such results at the moment, and I doubt that it will be possible in the future. The best results that you can realistically expect are a few thousand dollars of monthly income. Even such results do not occur instantly: you need to experiment, fine-tune and be patient. Investing always involves the risk of losing, so if someone promises you something that is too good to be true, then it almost certainly is.
  • The Binary Option Robotis Only Compatible with Shady Broker Sites. If any of the well-known binary options brokers (such as 24Option or IQ Option) do not trust a certain robot, then you shouldn’t either. The more brokers to choose from, the better for the investor. This way, you can also take advantage of bonuses, risk-free trades and other possible benefits that are available for new investors. Your investments should always be stored on a separate broker account, and you should be able to turn the robot off whenever you want. Therefore, you can significantly reduce the possibility of fraud.
  • The Binary Option Robot Has Only Been on The Market for a Short Period. This does not necessarily mean that the software is fraudulent. However, scammers usually stay on the market for a short period. If the software has been available for many years, it is much more likely that it is trustworthy and useful to help you earn money. Scammers tend to get so much negative publicity that it is almost impossible for them to remain on the market for many years or even months.
  • Only a Few Trading Assets Available. Some fraudulent option robots only trade with one trading asset, or even worse, it makes no real trading at all. A wider variety of trading assets also means more opportunities to earn money. It is almost impossible to earn money if there is only a couple of trading assets to trade. There are some exceptions; sometimes by specializing in a particular trading asset, an exceptionally good trader can make a huge profit. Lack of educational resources are also a red flag.
  • I have used dozens of different binary option robots and so far,have only found three that have been able to avoid all these fraudulent signals.Next, I will detail the most important features of this automated trading software, and tell you which ones are superior to their

Legit Binary Option Robots

OptionRobot Review

When it comes to auto trading systems, there are no shortage of options to choose from: the market seems to be saturated with these systems, yet they seem to grow at an almost exponential rate. However, this has meant that a few outstanding pieces of software have risen to the top in this cut-throat world. Trading systems, like Option Robot, have to work twice as hard to remain legitimate, given so much of their competition engages in unscrupulous activity, which gives the industry a bad name. In my view Options Robot is one of the very best pieces of trading software out there, and I recommend that everyone investigates it as an option: trust me, you won’t regret it!

Start making money today with the Option Robot. It is extremely simple!

Top Notch Software

Few pieces of software can boast a proven hit rate of over 75%, which makes Option Robot’s 90% accuracy rate all the more impressive. It is comfortably, among the top 5 robots in the world, and as soon as you start using it, you will see why: its system is well constructed, it has an excellent website, great customer service and the software itself really works. In a market filled with dodgy alternatives, The Option Robot, is a breath of fresh air, delivering exactly what it promises, in a sleek and professional manner.

Of all the robots that we tested it stood out in pretty much every category: no big or unrealistic promises, an easy sign-up process, with clear instructions and all the necessary information about the software itself. This is complemented by an informative blog, which describes all the linked brokers, making it by far and away the best site for options trading.

How the option robot works

The Option Robot is a 100% automated piece of trading software that generates its own high-quality signals and then automatically places trades directly to the client’s broker account. To ensure maximum accuracy, the option robot generates signals from not one but six market indicators each with its different strengths and features. You, the trader, have the freedom to choose which indicators that you want to provide signals for your trades. It puts you in total control of these indicators, allowing you to choose from one of them all the way up to all six of them. The software ensures that the robot cannot place a trade if the signals produced by the indicators are not correlating. Which leaves very little margin of error and may explain the impressive hit rate of the robot.

The trader also has the freedom to choose which brokers to sign up with as opposed to having one pre-selected for him/her as is the case with most binary option robots. The downside is, you have to open a completely new broker account when signing up(existing accounts are not supported).It also allows you to open a demo account, allowing you to test the software, before depositing. It operates slightly, different from a real account, which uses the Reuters live feed, while the demo version uses eToro live pricing feed.Itis an ideal way to test the option robot without risking your money.

As you would expect, the software’s creators have affiliated with numerous trustworthy companies, which are mainly approved by the CySEC, famed for being one of the most rigorous regulators around. Stockpair and 24Option stand out on this list, and you can be confident that with this calibre of broker, your money will be safe.

The Option Robot is compatible with the biggest and most trusted binary options broker sites.

Option Robot Trading Systems

Everything about The Option Robot is systematic, and the trading process is no different. Basically, the option robot places trades based on one of three trading systems, selected by the trader.

  • Classic System– This is the oldest and most used trading system in binary options. It is regarded as much safer and is a favorite of newbie traders. It doesn’t offer much in terms of profits but then again, it is associated with very few losses.
  • Martingale System – Widely used in Forex trading, the Martingale system is the best choice for traders looking for quick profits. It places higher risk trades which are known to have very high profit margins. This may not be the right system for beginners as it can bring your account balance to zero in minutes.
  • Fibonaccisystem – This is one for traders, who are looking for bigprofits. It increases the trade size sequentially after every win or loss. If all goes well, the eventual profits are far bigger than with the other systems, however, on the flip side, the losses can also be bigger.

The Option Robot is one of the very few robots that can be considered a trader’s robot. Everything about the robot, from the brokers to the trading program or method and even the currency used is all firmly under the traders control. The developers, limited the number of simultaneous trades at any one time to 8. The trade sizes are also flexible with the minimum amount being $20 and the maximum $500.

  • Overall rating 4,9 out of 5
  • Scam test result: Pass

I would definitely recommend Option Robot to every trader out there who wants to capitalize on binary options. Apart from being positively reviewed on most major sites, the option robot has a lot to offer with the signal generation and trade placement method that it uses. We rarely see the use of such complex indicators in binary options robots. While the blog, with the regular updates is also of great help to all traders, as is the highly responsive customer care service. Furthermore, there are no scam testimonials promising that you will make millions of dollars a month and you can use the demo to test everything out. The Option Robot is the Ferrari of binary trading software!

Binary options is arguably the fastest growing financial trade. Millions of people all over the world are now paying attention to the trade, once regarded as Wall Street’s version of gambling. And it’s not all about the huge returns, although that also contributes to its popularity. Perhaps what attracts people more to binary options is the relative ease of setting up a broker account and commencing trading in addition to the convenience of trading and following up on placed trades from anywhere at all times. The large number of auto trading systems make it is even easier to trade binary options.

The Automated Binary is just one of the possibly thousands of trading systems available and the subject of this review. Is The Automated Binary a scam or not? Read on to find out.

Get Your Free Option Robot by Clicking on The Button Below. There is a Limited Number of Spots Left!

7 Binary Options

One of the reasons that automated binary options trading systems are so popular is that they are easy to use for those who don’t have a lot of experience on the trading market. However, with the rise in popularity of these trading bots, there come fraudulent trading systems as well. There are shady and dishonest people who are posing as trading gurus to con innocent people out of their hard-earned savings.

Fortunately, we take the time to inform our readers of such scams. And with some practice, you will soon be able to spot the scams for yourself. Today we are taking a look at ProBinary Robot, a fairly new trading system that claims it can earn traders up to 7 grand a week. Read our Pro Binary Robot review to see if this is a reliable system or just another phony.

Basic information:

Cost: Free
Software: 100% Automated
Max Returns: Up to 90%
Minimum Deposit: $200
Countries: All nations

● Trading software is complete automated
● Website is user friendly

● We were unable to contact customer service
● Not enough information as to how the system operates
● No real proof of earnings
● Brokers are not licensed.

7BO Verdict:

Not Reliable Service

What is Pro Binary Robot?

Pro Binary Robot was created by Bobby Benson. The original claim in the preliminary video is that ProBinary Robot software can provide traders with a “legal way to cheat the system” thus earning them anywhere between $5,489 and $7,578 a week. We need to point out straightaway that if you wish to earn this kind of profit, you must be willing to invest a couple of grand. No binary options trading system can earn that much money in just a week with little to no investment, no matter what the presenters tell you. If someone promises you huge sums of money with little to no investment, you can guarantee that they are trying to scam you.

Benson claims to have over 14 years of trading experience and says that he used this knowledge to design Pro Binary Robot, which uses a complete series of algorithms to analyze and predict trading signals. However, he never quite explains how the system works. This is another red flag. If they are vague in their sales pitch and simply use a lot of big words this is another sign that you are about to be scammed.

How does it work?

If you wish to trade with Pro Binary Robot, you must first sign up for an account with one of their brokers. We did not recognize any of the names on their list of recommended brokers and also discovered that none of them are regulated. This is another huge warning sign. A reputation trading system only uses brokers that adhere to the policies set by the governing systems for trading binary options.

After you create an account, you must then fund your account with the required minimum deposit, which in this case, is $250. Then you may choose your settings and allow the system to place trades for you. If and when you accumulate a profit, you may then withdraw your funds. However, during our Pro Binary Robot review, we discovered that the withdrawal process is somewhat time consuming and confusing. There were many complaints from traders who were unable to withdraw their earnings.

Screenshot

Final Conclusion: Is ProBinary Robot a Scam?

We have reached the conclusion that Pro Binary Robot is not a reliable trading system. There are a great number of negative reviews and no real proof that anyone has actually profited with this trading system. We feel that you might profit better if you trade with a system that has proven results.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Choice!
    Free Trading Education!
    Free Demo Account!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!!!

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