Enter the era of trading robots – BinBot Pro promises accuracy and efficiency in binary options trading. This tool offers advanced features and a user-friendly interface among the myriad trading bots.
Dive into our comprehensive review to discover BinBot Pro’s potential and unique offerings and why it’s becoming the first choice for its ace and experienced binary options traders.
Key Facts About BinBot Pro:
| Fact: | Details: |
|---|---|
| Platform Type: | Automated trading robot platform on the web for binary options. |
| Supported Brokers: | BinaryCent, VideForex, RaceOption, IQcent. |
| Minimum Deposit: | $5 – $250, varying benefits with different brokers. |
| Demo Account: | Available, after first deposit on the brokers |
| Regulation Status: | Unregulated, but considered safe and legitimate by many traders; SSL-certified website. |
| Customization Options: | Allows users to customize trading parameters based on risk tolerance and goals; offers pre-set trading bots with different strategies. |
| Supported Assets: | Forex pairs, cryptocurrencies, CFDs, and binary options. |
| Key Feature: | Combines multiple algorithms for diverse trading strategies, flexible for traders of all experience levels. |
| Payment Methods: | Deposits and withdrawals via MasterCard, Visa, Bitcoin, Altcoin, and eWallet; small fees apply. |
| Customer Support: | 24/7 customer service via live chat and email; responsive and easy to communicate with. |
| Withdrawals: | Processed within one hour; funds transfer may take 5-6 business days, possibly longer if details are incorrect. |
| Trading Leverage: | Up to 1:100 for certain brokers, allowing traders to amplify market exposure. |
| Strengths: | Diverse trading strategies, flexibility in customization, supports various trusted brokers, positive user reviews, SSL-certified for security, suitable for traders of all levels. |
| Weaknesses: | Unregulated, limited demo account, potential risks with high leverage trading, possible delays in fund transfers. |
What is BinBot Pro?
The BinBot Pro trading robot is one of the few hyped binary options trading bot systems recently gaining immense popularity. BinBot Pro is a collection of different trading robots designed to make trading easy for traders.
Launched in 2016, BinBot Pro is a unique, fully automated trading bot that operates using various algorithms. It allows users to customize trading parameters based on their risk tolerance and investment goals, making it flexible for traders of all experience levels.
The platform offers a range of pre-set trading bots with different strategies, enabling traders to select one that aligns with their trading style.
With BinBot Pro, experienced traders can invest in Forex pairs and cryptocurrencies using its automated trading strategies. One of the platform’s strengths is its diverse trading strategies, which can lead to significant profits if utilized correctly by novice traders.
Although BinBot Pro has been operating for a few years, it remains unregulated. However, this does not detract from its reliability; it provides excellent trading services. The BinBot Pro website is SSL-certified, ensuring that your data is secure and protected from unauthorized access.
(Risk warning: Your capital can be at risk)
Brokers Compatible with BinBot Pro
BinBot Pro supports four trusted and reliable trading brokers. You can choose one of these brokers to trade safely in the market. All four brokers are connected to the market, which means that you can easily place a trade.
BinaryCent
BinaryCent is the first broker supported by BinBot Pro. It was launched in 2016 and helps traders invest money in Forex (fiat currencies), CFDs, and Binary Options.
After making an initial deposit, traders can choose from three account types: Silver, Bronze, or Gold. Each account type comes with its own benefits and tiered welcome bonuses, ranging from 20% to 100% based on the deposit amount. This tiered system provides varying levels of support and rewards larger deposits with greater advantages.
BinaryCent differentiates itself by offering trading options with leverage up to 1:100. This feature is particularly attractive to traders looking to manage larger positions than their actual deposited funds would normally permit, potentially increasing their investment returns.
However, it’s important to note that higher leverage amplifies risk, potentially increasing gains and losses. Traders should carefully assess this risk before using high leverage.
VideForex
BinBot Pro supports the broker VideForex, which was established in 2017. It requires a minimum initial deposit of $250 and grants access to Bronze, Silver, or Gold account tiers.
VideForex offers trading with leverage up to 1:100, allowing traders to amplify their market exposure with relatively small investments. The broker supports various payment methods and is well-regarded for trading traditional options and CFDs. Its tiered account structure incentivizes larger deposits by offering more personalized and comprehensive services.
RaceOption
The third broker supported by BinBot Pro is RaceOption. Launched in 2014, it offers more than 150 assets to trade.
Once traders deposit the minimum required amount, they can use BinBot Pro and other automated trading robots to boost their trading skills and earnings through RaceOption’s exclusive weekly trading contests.
These contests create a competitive environment where traders can win extra funds based on their performance. This feature adds excitement to the trading experience and allows traders to test their strategies against others in real-time market conditions.
IQcent
IQcent is the last and newest broker that BinBot Pro supports. It was launched a few years ago and offers 1:100 leverage trading. It is the right choice for day traders and retail investors.
IQcent’s emphasis on small-scale recent is among its main advantages. The platform’s user-friendly interface makes it easy for novices to understand the intricacies of the financial markets without compromising the depth that seasoned traders need.
Because of its accessibility, it’s an excellent option for regular investors who might not have much funds or trading expertise.
(Risk warning: Your capital can be at risk)
Pricing and BinBot Pro Sign-up Process
The BinBot Pro platform offers a straightforward, three-step process to access what they describe as the ultimate money-making machine for trading. Here’s how you can get started:
- Step 1: Visit the BinBot Pro website and click the ‘Register’ button to sign up.
- Step 2: You must provide basic information by filling out a registration form. This step is essential for setting up your account.
- Step 3: Choose your preferred trading currency and select one of the four available brokers on the BinBot Pro platform.
- Step 4: After selecting your preferences, click “Register for free” to finalise your account setup. Y” you are now ready to begin trading with BinBot Pro.
To start trading with any brokers available on BinBot Pro, you must make a minimum deposit of $250. This deposit activates your legal trading capabilities on the platform. Once deposited, you can immediately start trading using BinBot Pro’s features.
Payment Methods
To make Pro’strading accessible, this platform supports withdrawals and deposits using multiple payment methods. You can choose any of the accepted payment methods to trade with.
Deposit
To fund your BinBot Pro account, you can choose MasterCard, Visa, Bitcoin, Altcoin, or eWallet. MasterCard is the most commonly used payment method. You will be charged a small deposit fee when funding your binary options broker account.
Withdrawal
As easy as depositing money, it is just as easy to withdraw money from your BinBot Pro account.
You can withdraw the amount using any payment method, including eWallet, MasterCard, Visa, Bitcoin, or Altcoin. However, you must pay a small withdrawal fee when you request a withdrawal.
BinBot Pro will process your withdrawal request within one hour. However, the funds will be transferred to your account in 5-6 business days. However, the transfer may take longer than expected if the details are incorrectly filled out.
Demo Account
Just like other trading platforms, even BinBot Pro offers a demo account option so that you can get a better understanding of trading. Once you have gained asses to a binary demo account, you can use the dummy money for trading.
However, it’s important to note that BinBot Pro’s demo account is only available for a limited time. This means you’ll have a restricted period to use the virtual funds and get acquainted with the market.
Additionally, the demo account is designed in such a way that you will never lose money. When the trade results are displayed at the end of each minute, you’ll always see a winning outcome, which could be a bit suspicious.
In short, the market trading conditions demonstrated by the demo account may not give you an experience of actual trading.
(Risk warning: Your capital can be at risk)
How does BinBot Pro Work in Binary Options Trading?
How does the BinBot Pro platform work? Well, it’s simple.
Once you have registered with BinBot Pro, choose a broker, and paid the minimum deposit, you can access the demo trading account. You can trade with the demo trading account to learn about the market and understand price fluctuations.
You are ready to start trading once you have learned the basics of binary options brokers and trading. To trade with VideForex, IQcent, and RaceOption, you must make a small initial investment of $1. For BinaryCent, you can begin trading at $0.1. Each of these binary options brokers offers a 90% success rate.
The broker you choose will then analyse the market, consider price fluctuations, and place a trade on trading assets on your behalf, depending on how you predict the market movement. For instance, you can speculate if the price of an investment will go up or in the opposite direction. The BinBot Pro platform is designed to help traders benefit from trading assets.
Honest BinBot Review: Is this Trading Robot Legit?
If you’re concerned about BinBot Pro’s legitimacy, rest assured that it is a legitimate and popular trading bot with many features, though it is not regulated. Despite lacking an official license, BinBot Pro is supported by several reputable brokers and is used by traders to earn money.
In our experience, BinBot Pro is a reliable platform with many positive reviews. It uses algorithms to trade on your behalf and allows you to trade a variety of assets, which can help reduce risk if you choose familiar assets. However, like any trading tool, it carries risks, and poor trading decisions can lead to financial losses, so it’s important to trade carefully.
Best Settings for BinBot Pro
Although the software is fully automated, traders can customize BinBot Pro settings. There is no best setting, as the settings can be set depending on your trading style and preferences. However, you can create settings using the available binary options trading tools and other parameters, adjusting them based on your trading history and potential future market movements.
You can also use indicators, but we recommend that traders not use more than three simultaneously. Each indicator has different characteristics, and using several indicators simultaneously can create conflict when displayed on the interface, leading to signals that may mislead or confuse you.
BinBot Pro’s Customer Service
BinBot Pro’s customer service is commendable. Based on our experience, their representatives are responsive and easy to communicate with.
The BinBot Pro website features a live chat box for immediate assistance and answers to your questions. If you’re not yet registered, you’ll need to provide your email address, name, and phone number or connect via Facebook. Once registered, you can receive support through email or live chat. Customer support is available 24/7 to assist with any inquiries.
(Risk warning: Your capital can be at risk)
BinBot Pro Pros
To give you a better understanding of what BinBot Pro can do and what kind of features/new services it offers, we have listed some of its pros and cons:
Pros:
- BinBot Pro offers account and risk management facilities.
- This trading platform is entirely free to use.
- It is fully transparent and hides nothing from the traders.
- It is partnered with a few popular binary options trading brokers from which you can select one to trade.
- BinBot Pro is easy to use and offers fully automated trading.
- It provides round-the-clock customer support services.
- It allows you to create your custom robots.
- Tailored for binary options traders.
- One thing that does not favor BinBot Pro is its demo account, which only lasts 1 minute.
- The demo trading results are consistently profitable, which is hard to believe.
- The minimum deposit for brokers is a little high.
- The website of BinBot Pro does not provide any past performance records on the robots it supports.
Conclusion: BinBot Pro is a Reliable Automated Trading Software
Like other platforms we’ve recommended, BinBot Pro is an automated trading software for traders who want to invest in the binary options market. But what makes it better than others is its automated interface.
BinBot Pro is entirely automated trading software. It is ideal for traders who don’t have the time to trade manually. Furthermore, this trading software allows you to start trading by investing as little as $1. However, it is not regulated by any authorized body.
(Risk warning: Your capital can be at risk)
Most asked questions about BitBot Pro:
What is BinBot Pro, and how does it work?
It’s a platform/trading software offering a collection of trading robots designed to analyze and execute trades on your behalf. Once you register with the trading robot and make a minimum deposit, the platform’s algorithms analyze the market conditions and execute trades.
Is BinBot Pro a legitimate platform?
We understand that the legitimacy of a trading platform is a significant concern. Although BinBot Pro is not regulated, it has gained popularity and positive reviews over the years. It also offers SSL-certified security for your data. So, despite the lack of regulation, many traders find it to be a trustworthy platform.
How do I start using BinBot Pro?
Getting started with BinBot Pro is quite simple. Visit their official website, complete a registration form, and make a minimum deposit of $250. After that, you can choose one of the four supported brokers and start auto trading.
What payment methods does BinBot Pro support?
If you’re wondering about the logistics of funding your account, BinBot Pro offers several payment options. You can deposit and withdraw funds using MasterCard, Visa, Bitcoin, Altcoin or eWallet. Please note that there are small fees for both deposits and withdrawals.
BinBot Pro scam: Is this fraudulent software?
No, BinBotPro is not a scam software. It is a trading robot designed to automate binary options trading. However, users should exercise caution and thoroughly research before using any trading software, as all trading involves risk. Wrong settings can lead to losses.
