Binary Options Robot is a piece of software that has been designed to automatically place trades through certain binary options brokers.
What is the product?
Binary Options Robot comes as an application that follows certain trading systems in order to make predictions about the outcome of binary options. These are a classic trading system, the Martingale system and the Fibonacci trading system. Following these and pre selected parameters in terms of currency pairs and time scales (note this is only applicable to Binary Options Robot pro), the robot is claimed to produce an 83% win rate whilst running fully automatically. Binary Options Robot comes as a free format which is tied down to a single broker and can only trade one currency pair and on a single time scale. The pro version of Binary Options Robot is however fully customisable allowing you to choose from eight currency pairs, a number of time scales and 3 different brokers, Top Option, StockPair and Zoom Trader.
What is the investment vs. the rate of return?
As mentioned there is a free version of Binary Options Robot but the focus here is on the pro version as this is obviously what is being sold. This pro version sells for $79 and comes with a vendor backed 60 day money back guarantee. In terms of earning potential, Binary Options Robot is actually shockingly tight lipped. There are no claims made and not enough trade evidence to make an educated guess.
Does the product provide value for money?
Personally I don’t see Binary Options Robot as having any real value whatsoever.
I am not a fan of binary options at all and Binary Options Robot does nothing to sway this opinion. What is on offer seems to be a very clever marketing campaign for a product that seemingly lacks substance. There are all the usual tropes for a binary options trading but such as tying you into certain brokers (for the marketer to claim a commission for referring you) to claims of a simple and hands free income. As with many of these products, Binary Options Robot also makes the same mistakes, namely a lack of evidence that is strong enough to make me doubt the quality of the whole product.