There has always been a fascination with automated trading among forex and binary options enthusiasts. Some of the most experienced traders have developed their own algorithms and trading systems in order to take full advantage of their technical analysis knowledge. Such robots exploit the benefits of automation and computing power and can be very successful in the right circumstances.
Here is the list of the best binary options auto-trading strategies based on the actual results we had with them on our monitoring accounts:
# |
Strategy Name |
Win Rate |
Profit |
1 |
64% |
15.20% |
|
- |
60% Winning Rate |
60% |
8.00% |
- |
Break Even Rate |
55.55% |
0.00% |
- |
Average Robot |
52% |
-6.40% |
- |
50% Winning Rate |
50% |
-10.00% |
Win Rate = The number of winning trades out of the last 100 trades executed (updated weekly)
Profit = The average profit per trade calculated based on a 80% payout for winning trades and 100% loss for losing trades. This is the actual profit per trade after taking into account the difference between the payout offered by brokers which is lower than the amount lost when the trades are out of the money. This means that you need a winning ratio of 55.55% to break even.
Note: The robots that had a winning rate below 55.55% and generated losses are not listed in the table above. The average winning rate we experienced with trading robots is around 52%, so the average robot will generate a loss over the long term. However, using the top robots can be quite profitable.
All of the robots listed above are free to use. For different reasons their developers decided to allow the public to use their software. Some of the systems have a limited number of free subscriptions while others are free to use indefinitely.
Binary options robots are very different, just like human traders. There are trading gurus that make a living from trading while there are people who lose their investment in no time. The same applies to robots. This is why it is very important to choose a quality robot that is performing well, and we hope the ranking above will help you find the best robot. We update the ranking on a constant basis and list only the most popular robots.
We know from our own testing and experience with different robots that some of them perform well and are usually profitable, while others fail to meet the expectations. Every system has its strengths and weaknesses and can perform differently depending on market circumstances. Some trading systems are doing well during calm markets while others are making the most out of volatile situations. Some robots are designed to ride the trends and are vulnerable to market swings, while other systems can perform better in flat market but might have difficulties when a powerful trend continues to keep momentum more than it was forecast to do it.
We think that binary options robots are a fun way to test and experience the world of binary options. It is recommended to test more robots with different brokers and compare the results, and stick with the ones you are fully satisfied. We think the best strategy for testing the robots is to start with small deposits and see how things go.
If your robot is doing well and generates profits, it is wise to cashout the winnings instead of raising the stakes. Every now and then it is good to enjoy your winnings in real life.
Is it better to let a software do the work for you and just enjoy watching the results, or is it better to trade hands-on yourself?
This depends on your personality, knowledge, patience and time. There are people who get a lot of pleasure in analyzing the charts, studying indicators and fundamentals, and who enjoy being right about a trade more than the winnings. Such people will always prefer to trade themselves and be in control. For high stakes traders who prefer to make fewer but bigger trades it is much better to do it themselves. For all these folks we strongly recommend to use a very reliable binary options broker where larger investments can be handled properly.
On the other hand, there are people who don't have the patience or the time to read all the charts and make all the calculations. Some people don't even know how to analyze the markets, but still want to enjoy the thrills of binary options trading and try to make a profit from the huge forex market. For such people the robots are the best solution. Using advanced software developed by trading professionals will greatly increase the chances of success for those who don't want to put a lot of effort into trading.
A very advanced platform that matches fund managers and investors is the Hot Forex PAMM System. PAMM stands for "Percentage Allocation Management Module" and is a system that allows investors to participate in Forex Managed Funds without giving the fund manager access to the investor's money. A PAMM fund will allocate the winnings... Read More
Buying Bitcoins can be a very frustrating process as there are not too many reputable Bitcoin Exchanges and funding your account takes time and is limited to wire transfers in most cases. Since Bitcoin transactions are irreversible, the exchanges will not accept deposits using Credit Cards, PayPal or any other reversible ways of sending money... Read More
