Pro Binary Bot is a new platform offering to online investors access to binary options software. It is presented as an easy to use and free web based solution which requires no downloads from customers and can work on all types of devices. Another interesting mentioned feature of the product is the fact that it should provide users with the ability of Demo Trading which would mean 100% risk-free demo trading available.
Still, there is no creator of the system. It is like an anonymously created software because there is no information related to the creator of this product. This is something I usually find really bothering.
My desire to discover further and more specific information, related to the working process of this ProBinaryBot, made me conduct full scam research. If you would like to see what I managed to find, continue reading the review and learn everything I know about this new binary options robot.
What is ProBinaryBot?
Taking into consideration the info which is available on the landing page of this binary trading robot, I can say that it is advertised as a powerful and flexible system with customizable settings that put you in control of the trading process. Of course, there are two options for placing trades just like all the other available online-investment solutions on the market. You can choose between manual trading and autopilot modes. Every new member is required to invest at least $250 to unlock their account.
Review Verdict: Pro Binary Bot Is Scam
With more than 500 allegedly generated signal combinations and the 3 offered money management systems, Pro Binary Bot is stated to be among the most advanced binary trading systems on the market. Unlike most other binary options auto-traders, this product promises to provide its members with a high level of control over their trading process. As I couldn’t find any 3rd party information to confirm these theories, I am not inclined to take them for granted.
ProTIP:
My professional suggestion is that you sign up for an already proven to work software like the FinTech Ltd. trading robot.
How Does Pro Binary Bot Work?
Pro Binary Bot is supposed to generate trading alerts on a variety of expiries and pairs. You have the ability to choose which of them you want to get signals for. You should be able to trade these signals manually or by relying on the autopilot mode. Traders are also supposedly given a choice of 3 different money management strategies. In addition, the system generates signals by employing some technical indicators. All traders have to do is select which indicators they would like to utilize separately or in any combination – CCI, MACD, RSI, STOCHASTIC, TREND, WILLIAMS %R.
The 3 different money management systems are also allegedly available as their choice depends on the size of their invested amount, preferred risk level, and investment objectives. The systems are called Conservative (Classic), Accelerated (Martingale System) and Most Accurate (Fibonacci System).
Is Pro Binary Bot a Scam or Not?
Despite the fact this system supposedly utilizes some advanced trading indicators and money management systems, I couldn’t find any proof to confirm its legitimacy. Also, I found some user reports related to the profitability of the robot. All of them state that the platform is fraudulent and that it cannot help anyone commence a successful and profitable online trading binary options process.
Therefore, I do not recommend Pro Binary Bot to users. On the contrary, I advise them to stay away from it as it is dangerous to their investment and is a possible scam.
Final Thoughts
Considering everything I found and inspected, it is more than clear that this new binary auto-trading robot is a potential scam. Not only there is not a single proof confirming its authenticity, but everything I found from the Internet space in terms of feedback, was negative. As a result, I am going to add Pro Binary Bot to my scam list. In case you really want to start dealing with binary options, you should choose another solution to rely on as this one will not be of any help for you and your income.
Review Verdict: Pro Binary Bot Is Scam
