Binary Options Auto Trading Robot
Keeping in mind the higher profitability and higher risks associated with Binary Options or Digital Options trading, many automatic trading software has come up in the market. This automatic trading software is called Binary Options Trading Robots, Auto trading Bots, Trading Robots to name a few.
Are these Binary Options Trading Robots trustworthy? — No, They are not.
To be frank, many of these auto trading Bots or Robots are useless, they are designed to make clients lose money and make money for the Robot developer in terms of commissions and license fees.
The mode of operation involves –
- Signing up with the Binary Option Robot Platform
- Then signing up with non-reputed Binary or Digital Options Brokers through the Robot Platform
- Making a deposit and start trading automatically
- When you finish the above steps, the Robot platform earns a commission
- Then the Robot performs trades on your account and makes a profit or loss
- In most cases, the client ends up losing all his money
Then, How to trade Binary Options automatically?
Well, the Binary Options traders or Digital Options traders can still have a better option to implement Automatic Binary Options trading without the risk of getting scammed. In this method of automatic Binary Options trading or Digital Options trading, the trader has all the control in their hands. They can choose the brokers of their own choice.
Step by step guide to implement Automatic Binary Options trading
Getting your own Binary Options Trading Robot
Step 1
Get MT2TRADING Binary Options Robot. Get MT2Trading Demo Copy. It is one of the unique software that can execute automatic trades in your account. You can select the signals available on its platform and trade those signals automatically in your account. You can also design your own signal using its Signal Builder plugin and use them.
Step 2
Open a Demo account with any of the compatible brokers or use your existing Demo account with MT2Trading. Select from the list of Free or Paid expert traders to follow.
The compatible brokers of Mt2Trading are
- IQOption.com
- Binary.com
- Alpari.com
- Spectre.ai
- Instaforex.com
- Clmforex.com
- GCOption.com
Step 3
Create MT4 or MT5 Arrow indicators easily using Signal Builder and use them for auto trading in your account. You can also use the Free Version of EA Builder to create Arrow Indicator and create your Binary Options Strategy for trading using MT2Trading.
Step 4
Fine-tune the result you get on your Demo Account and apply the best performing signals or arrow indicators to your real account with proper risk management.
By following the above steps you can design your own Binary Options Robot and use it in your account. You can create your own Binary Options Arrow Indicator or you can buy one from the marketplace on Mt2Trading.com
Benefits of creating own Binary Options Robot with MT2Trading
- Fully Automated Binary Trading Software
This system is 100% automated and allows you to trade while you are busy with life’s day-to-day activities. After you set up your account, you are good to go. You can run this Binary Options Robot on your desktop or laptop. You can remotely monitor, stop and start it using an app.
- Automated Stop Loss – Safe and Secure
You do not need to worry about losing all of your money. This software allows you to set your limits & lets you decide what amount you want to risk and trade each day. It gives you the flexibility to manage your risk.
- Free to choose brokers and multiple expert traders to diversify your risk
You have to set up your account once and set the amount you want to risk to each strategy or signal provider. Then everything runs automatically; you can now start collecting your profits.
Special Features of the MT2Trading Binary Options Trading Robot
The Trading Interface
As mentioned previously, this is MT4 or MT5 based binary options software, and since the trader in mind designed it, this Robot can accept more than one Arrow Indicator or Expert trades to increase the success rate. It also has awesome features to facilitate the customization of money management and the trading portfolio all at the same time. You can spot trading before and after news releases.
You can set daily loss limits on the MT2Trading platform so that your daily loss is limited. The traders can set the daily stop losses or only the amount of money they are willing to risk in a given day.
Daily Take Profit Setting
Traders are also free to define the amount of profit for each day. When the profit in the account reaches a predefined level further trading is stopped and no more trading takes place for the day.
Conclusion
The best way to avoid scam Binary Options Robot is to subscribe to MT2Trading Binary Robot. This Robot is not affiliated with any broker, you can select your own broker, you can select your own trading signal with this Bot. You can also create your own Arrow indicator by following simple steps. You can also backtest your strategy. The best thing about MT2Trading is that it gives Free Demo access to their Robot. You can use it on your Demo Accounts and check its efficiency.
