There are a couple of systems released recently that have made a mixed impression. The so-called Binary Options Pro Bot is one of them. I conducted thorough research on the robot and got mixed results. The following review has an entirely informative function and I will update you further if there are any sudden changes in my results. If you are interested in learning more about the Binary Options ProBot, keep reading.
Origins of BinaryOptionsProBot
The creators of the automated robot claim to have more than 10 years of experience in the field of financial investments and trading. There was no information supplied about their backgrounds, affiliations and this overall anonymity is quite bothering. The only thing that becomes immediately obvious is the fact that the creators are inspired by the practices of the big Hedge Funds.
Review Verdict: Binary Options ProBot Is Scam
What Is Binary Options Pro Bot?
The ProBot trading robot is a fully automated tool for trading digital assets. It is available on all operating systems, does not require download and can be used on smart devices as well, not only desktop. It can be used both manually and on autopilot.
The Binary Options ProBot is based on six well-known indicators – TREND, RSI, MACD, STOCH, CCI and Williams %R. Those indicators are applied in three supposedly tested strategies used for the creation on the algorithms running in the background. Those are strategies applied by Hedge Fund managers for generating significant profits of which everyone dreams about. Due to the fact that it is a very new system, I cannot recommend it as safe for trading purposes. For now, opt for a tested trading bot.
Review Verdict: Binary Options ProBot Is Scam
Expected Results of Binary Options ProBot
The creators promise you a success rate of 89% but the registered results show something different. The average winning ratio of BinaryOptionsProBot is around 60% to 70%. This is significantly lower than the success rate of reputable and established system. Even though it is not a far-fetched claim, traders can achieve much better results with other trading systems. This is another reason why I think Binary Options ProBot is not a good choice for forex trading endeavors.
Binary Options ProBot – Opt or Not?
To join this forex trading system you have to provide basic details about yourself. The sign up is free. After the initial campaign is over and the limited spots are over, if the robot has shown good results, it will be sold worldwide for an unknown price. To start trading, you will have to invest a minimum of $250.
My personal opinion and experience with Binary Options ProBot is that it is not satisfyingly profitable. I’ve been trading with much better bots compatible with much better brokers. I cannot recommend BinaryOptions ProBot for your trading needs.
Final Overview
The BinaryOptions ProBot is a very new system. It has much to improve about itself. For now, it does not seem to be a reliable partner. Binary Options ProBot lack any special features that can give it an advantage over its competition. It is an average trading bot with uncertain results and a performance that is yet to be confirmed as stable. I will continue monitoring the ProBot trading software to inform you of any future developments. For now, it is not a good choice.
Review Verdict: Binary Options ProBot Is Scam
