Auto traders, which can take over your entire process for you, are an invaluable asset to every traders success. Unfortunately, though, most auto traders cost a lot of money. Luckily, there is a free alternative now.
Binary Option Robot is a free auto trading software. You can download the auto trader and use – completely without having to pay for it. That does not mean that the trader is worth nothing, though. Your broker is paying the cost for you.
That shifts the cost to the right side: There are so many brokers that want your business, why should you not sign with those who are willing to pay the cost for such an essential tool as an auto trader?
Binary Option Robot has another ace up its sleeve: It is the first completely automated auto trader. While most auto traders promise to take over your entire trading process, they cannot exclude you completely. These auto traders still require you to run on your computer or mobile device. When you shut your computer down or lose your internet connection, these auto traders stop working.
Binary Option Robot does things differently. The auto trader runs on a server and is not connected to your computer. Therefore, you do not have to ensure that the auto trader is running properly – it always is.
If you want to manage your auto trader, you can still do this as easily as with an auto trader that is running on the device in front of you. Simply access the control menu on Binary Option Robot’s homepage and you can set your money management preferences, define your investment per trade, and select which assets you want to trade.
The final important asset of Binary Option Robot is its transparent trading system. Professional traders make trading decisions for you and publish their thought process daily on Binary Option Robot’s website.
This way of automated trading helps you to understand what is going on. Most other auto traders work based on a secret algorithm you can neither understand nor control. With Binary Option Robot, on the other hand, you can always see what your auto trader is doing.
The professional brokers that make trading decision for you tell you everything you need to know about why they make these decisions. With that knowledge, you can easily evaluate whether they do a good job and are trustworthy or not.