Every year, there are new tools to facilitate the process of market trading. While each market remains unique, automated services that assist in the process of buying and selling are becoming more feature rich and useful. Commonly referred to as “robots,” these services are becoming a necessity for traders interested in binary options.
In particular, there are six of these services that specialize in binary options trading:
- Binary Robot 365
- Option Robot
- Mike’s Auto Trader
- Binary Robot Plus
- Automated Binary
Each of these automated services operates around the concept of “all-or-nothing” and “high-low.” This principle means that a specific monetary value is traded (or not) if particular criteria are met. While some might see trusting a “robot” to place options trades as risky, there are major time-saving benefits to using these services correctly.
Option Robot offers a complete package of automated trading tools and emphasizes that you don’t need any previous knowledge to trade in the market. If going it alone makes you nervous, Option Robot can also connect you to reputable brokers who can assist you in your trading.
Binary Robot 365
Of the many choices in automated stock options trading, Binary Robot 365 is a solid one. Being able to view broker options without being previously assigned options is just one of the many useful features that Binary Robot 365 offers. It is also able to customize the options and the inputs for these options as much as you want.
Mike’s Auto Trader
Mike’s Auto Trader is a great, free SaaS tool that has been upgraded continuously over the past three years. If you choose this option, you’ll be connected directly to the developer who has a private notification service of new trading opportunities.
Binary Robot Plus
Binary Robot Plus is probably the most advanced tool and carries an extensive feature set because it is based on a real-world stock trading system. One standout feature is the highly customizable filtering mechanisms that most other option can’t match.
Another SaaS tool for options trading is BinaryOptionAutoTrading. This service matches you to a broker who will guide you through the setup process and get you trading fast. This tool is preferable for traders who want a fully automated online tool that doesn’t require any downloads or installations.
Staying up-to-date on the markets is unbelievably time-consuming. When you’re overwhelmed with the continually changing predictions or paralyzed by indecision about buying or selling, Automated Binary is a great option. If you are already very busy but still want to benefit from options trading, You can use Automated Binary to make the trades for you based on your preferred methods and preferences.
Whether you are a beginner or an expert trader, binary options trading can be lucrative. However, it’s also surprisingly time-consuming. Maximize your time by utilizing automated tools like trading robots.
What Are The Best Binary Option Trading Platforms If You Want To Trade On Your Own?
If you do not trust binary option trading robots and you wish to trade on your own than you can find our recommendations underneath. You will be able to find more information about the platforms by clicking on the link where you will be redirected to the review websites.
- IQ Option trading platform test and review
- eToro trading platform test and review
- Plus500 trading platform testings and review
- Olymp trade platform testings and review
- Avatrade trading platform testings and review