Enter the era of trading robots – BinBot Pro promises not only accuracy but also efficiency in binary options trading. Amongst the myriad of trading bots available, this tool claims to offer a blend of advanced features and a user-friendly interface. Dive into our comprehensive review to discover the potential of BinBot Pro, its unique offerings, and why it’s becoming the first choice for novice and experienced binary options traders alike.
Most important facts about BinBot Pro:
- BinBot Pro is a trading robot platform, offering automated trading in binary options, with support for various trusted brokers.
- The platform requires a minimum deposit of $250 to start trading, with each supported broker offering different advantages.
- BinBot Pro’s demo account provides a quick glimpse of trading, active for only one minute, which may not fully replicate real trading conditions.
- Despite not being regulated, BinBot Pro is considered by many traders as a safe and legitimate platform for binary options trading, backed by SSL certification and positive reviews.
What is BinBot Pro?
The BinBot Pro trading robot is one of the few hyped binary options trading bot systems that has gained huge popularity. In fact, BinBot Pro is a collection of different trading robots designed to make trading easy and simple for traders.
It was launched in 2016 and is one of many unique trading bots. It runs on different algorithms and is fully automated. This means that when you use BinBot Pro you don’t have to make a trade manually, the software does it for you. Sounds great so far, right?
With this automated trading robot, experienced traders can invest their money in Forex pairs and cryptocurrencies. Another thing that makes BinBot Pro better than others is its trading strategies. If a novice trader uses the given strategies correctly, they can make a considerable profit.
Although BinBot Pro has been around for a few years, it is still unregulated. However, this does not make it unreliable as it offers excellent trading services. The BinBot Pro website is SSL certified. This means that your data is completely safe and no third party can access it under any circumstances.
In short, when trading with BinBot Pro, you don’t have to worry about huge trading fees or getting scammed.
BinBot Pro supported brokers
BinBot Pro supports four trusted and reliable trading brokers that you can choose for safe trading in the market. All four brokers are connected to the market. This means that you can easily place a trade.
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 depositing this minimum investment amount, you can access the Silver, Bronze or Gold account. These accounts come with different benefits and offer a welcome bonus of 20% to 100%, depending on the amount you have deposited.
BinaryCent also offers 1:100 leverage trading and is regulated by VFSC, Vanuatu Financial Services.
The next broker that BinBot Pro supports is the VideForex which was launched in 2017. It requires a minimum initial deposit amount of $250. After depositing this amount you can get access to either the Bronze, Silver or Gold account.
With VideForex, traders can trade with a maximum leverage of 1:100. This broker supports almost all payment methods. It’s also a great broker for trading binary options and CFDs.
The third broker supported by BinBot Pro is RaceOption. Launched in 2014, it offers more than 150 assets to trade.
Once you have deposited the minimum amount, you can start using BinBot Pro or other trading robots. You can also take part in weekly competitions to win more money.
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.
Pricing and BinBot Pro sign-up process
The BinBot Pro website states that any trader can gain access to the ultimate money-making machine by following just three simple steps. After following these steps, you will be able to access this trading software.
- Firstly, you need to visit the BinBot Pro website and then click on register.
- Next, you will be asked to fill in a form with the necessary information.
- Next, you need to choose a currency and one of the four brokers available on the platform.
- Finally, you can select the “Register for free” option and you are ready to trade with BinBot Pro.
To start trading with any of the brokers available on BinBot Pro, you will need to make a minimum deposit of $250, as all four brokers have a minimum deposit policy. After depositing the money, you can legally trade with BinBot Pro.
To make trading easy, this platform supports withdrawals and deposits in multiple payment methods. You can choose any of the payment methods accepted to trade with.
To fund your BinBot Pro account you can choose between MasterCard, Visa, Bitcoin, Altcoin, or eWallet. Usually, MasterCard is the most commonly used payment method. When funding your binary options broker account, you will be charged a small deposit fee.
As easy as it is to deposit money, it is just as easy to withdraw money from your BinBot Pro account.
You can choose any of the payment methods from eWallet, MasterCard, Visa, Bitcoin or Altcoin to withdraw the amount. When you request a withdrawal, you would have to pay a small withdrawal fee.
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, if the details are not filled in correctly, the transfer may take longer than expected.
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.
But there is one thing you should know about Bin Bot Pro’s demo account. It’s that the account is only active for a short time-period. This means that you only have a limited amount of time to use the money and understand the market.
Another thing is that a demo account would never let you lose money. When the final trade result is displayed on the screen at the end of one minute, you will notice that you have won the trade, which is a bit suspicious.
In short, the market trading conditions demonstrated by the demo account may not give you an experience of real trading.
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, chosen a broker, and paid the minimum deposit, you will get access to the demo trading account. You can trade with the demo trading account to get to know the market and understand price fluctuations.
Once you have learned the basics of binary options brokers and trading, you are ready to start trading. To trade with VideForex, IQcent, and RaceOption you need to make a small initial investment of $1. And for BinaryCent you can start trading with $0.1. Each of these binary options brokers offers a 90% success rate.
The broker you choose will then analyze the market, take into account 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 asset will go up or in the opposite direction. The BinBot Pro platform is designed to help traders get the maximum benefit from trading assets.
Honest BinBot review – Is this trading robot legit?
Are you still worried about whether BinBot Pro is legitimate or not? Well, it is definitely legit and a popular trading bot with many features. But is BinBot Pro regulated? Here comes the point: It is not.
This is a matter of concern because even after so many years, this platform does not have an official license. However, as BinBot Pro is supported by some major brokers, traders use it to make money.
In our experience, BinBot Pro is a great platform that we use by ourselves and also has several positive reviews. It works with algorithms and traders on your behalf. So all in all, even without regulation, from our experience, you can trust this platform.
It is also important to note that it only focuses on quality trading, so traders can make a huge profit by correctly predicting asset prices and market movements. To make trading easy and fast for everyone, BinBot Pro offers different assets to trade. This means that you can choose an asset that you are familiar with to reduce the chances of losing. But as with all trading robots, there are risks involved. If you put in the false trade commands, you can lose your money. Be careful with that.
Best settings for Bin Bot Pro
Since this binary options trading software is fully automated, you might ask what are the best settings for BinBot Pro. The answer is that there is no best setting, as it largely depends on your trading style and preferences. But you can create settings by using the available binary options trading tools and other parameters, adjusting them accordingly by looking at your trading history and potential future market movements.
You can also use indicators, but try not to use more than three at the same time. That’s because each indicator has its own characteristics. And using several indicators at the same time can create a conflict. This means that you won’t get an accurate result.
BinBot Pro customer service
Another area where BinBot Pro does not fail to impress is its customer support and service to its users. From our experience, their representatives are easy to talk to and answer promptly.
There is a live chat box on the BinBot Pro website from which you can ask for help.
If you are not registered with BinBot Pro, you will need to enter your email address, name and phone number, or you can simply connect your Facebook account. Once you have entered the required information, you can get help from the support team.
As well as live chat, you can also email the customer support team. The representatives will answer your questions as they are available 24/7.
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:
- 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 is offers fully automated trading.
- It offers round-the-clock customer support service.
- 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 that only lasts for a minute.
- The demo trading results are always profitable, which is a little 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 that it supports.
Lost money with BinBot Pro – What to do?
If your experience with BinBot Pro was not good and you lost your money while trading with this platform, you can follow these steps to get your money back. While these steps don’t guarantee that you will get your money back, there is a chance.
First of all, remember the broker you traded with through BinBot Pro. Next, contact that broker and ask for a refund. If you don’t get a satisfactory answer, you can contact your bank and ask them to charge back the transactions.
Then you can report BinBot Pro. And then you can wait.
Conclusion – BinBot Pro is a reliable automated trading software
Like other platforms, BinBot Pro is a reliable 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 a completely automated trading software and is ideal for traders who don’t have the time to trade manually. Furthermore, this trading software allows you to start real trading by investing as little as $1. However, it is not regulated by any authorized body.
In conclusion, BinBot Pro is a great auto trading platform that needs to be upgraded a little to fix its problems. So, if you want to trade with an easy to use auto trading platform, you can register with BinBot Pro.
Frequently Asked Questions (FAQs) about BinBot Pro:
What is BinBot Pro and how does it work?
It’s a platform/trading software that offers a collection of trading robots designed to do market analysis and execute trades on your behalf. Once you register with the trading robot and make a minimum deposit, the platform’s algorithms take over, analyzing market conditions and executing trades.
Is BinBot Pro a legitimate platform?
We understand that the legitimacy of a trading platform is a major 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. You’ll need to visit their official website, fill out 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 do thorough research before using any trading software, as all trading involves risk. Wrong settings can lead to losses.