When the first auto – trading software for binary options was launched back in 2014. Many traders were enthusiastic. Soon these systems gained amazing popularity within an online community attracting many even inexperienced new traders into the market.
Binary Option Robot is designed to apply complex mathematical and statistical methods to analyze the situation on the stock, registers positive options, generates signals and executes transactions immediately. People saw this concept as a great helping hand, even the tool that is capable of handling almost the whole process of trading on behalf of the traders.
Soon after the pick of enthusiasm, the other side of the story showed up. Some traders labeled the software as suspicious or an obvious scam that takes advantage on all inexperienced traders who don’t understand truly how the market works.
To dispute this controversial reputation, we went a little deeper into details to see where do these accusations come from.
So, the main task of these software is to evaluate the trading indicators on the market and independently conducts financial moves according to these estimations. It is capable of handling all the work without trader’s assistance. This great advantage turned out to be the problem. The critics said that it’s way too risky to let some application maneuver with your finances, particularly if you have no idea what goes on behind the scene. The truth is that this application can perform better than the majority of average users, and there are ways to find out what robot does. The Binary Option Robot has fascinating precision, rationality, ability to multitask and interact with several markets at the same time and it is never going to fail due to fear of risk or biased judgment.
The software has integrated “history” options where you can list all the previous actions, as well as the generated signals and analyze step by step of everything software did while you weren’t watching.
Another controversial part of the system are broker companies associated with Binary Option Robots. The software interacts with one or multiple broker accounts which provide platform and services necessary for the trading process. Also, when profiting from winning option, the trader gets certain returning percent of the starting investment, and the return varies among broker companies. These are the aspect that rises many questions and doubts among clients. Many are worried about legal and financial terms of business, as well as about the quality of the broker’s services. To be honest, there are reasons for mild precaution and worrying, because there are some illegal and disreputable brokers out there trying to sneak into the market. The best advice on how to secure your trading and avoid these risks is to stick to the list of broker given by the software itself, because these are popular, licensed and well-known brokers. Plus, you can always choose to work with more the one of them and compare the result over the time.
Finally, many traders are worried about dramatic loses. Well, the truth is that trading on market hardly can go without taking any risk, even without failing here and there, but Binary Option Robot isn’t any different or riskier when it comes to that. Moreover, it allows you to limit risk levels you are willing to take or to define the maximum amount of money you are ready to invest or lose. Use these options and even if you lose, you will never lose more than you are willing to.
Explore the website http://top10binarysignals.com to get all the info you need and go through the most frequent questions before you make your first steps with Binary Option Robot.