A Prestige Option robot is a dream of many traders. While such a system can be highly profitable, it requires a little knowledge to set up. With this guide, the dream can finally come true for you.
In this article, you will learn:
If you are interested in further reading about binary options robots we suggest this article: What is a binary options robot?
Unfortunately, no current robot directly supports Prestige Option. Prestige Option is such a new broker on the market that no robot developer has had the time to create a robot for Prestige Option.
That is a problem. Robots need to communicate with your broker to tell it which options to invest in, which requires a tailor-made interface for every single broker. If a robot lacks the tools to communicate with a specific broker, there is no way this robot can work with this broker.
Despite the lack of robots that support Prestige Option directly, there are still two ways for you to automate your trading with Prestige Option. These ways are:
Let’s look at each of these possibilities individually.
Meta Trader is the world’s leading trading platform. Running on your computer, laptop, or mobile device, Meta Trader offers almost limitless possibilities to analyze financial markets and program robots to trade for you.
With Meta Trader, these robots are called “expert advisors” and can be shared. Consequently, there is a large online community where you can get a robot for free and run it with your Meta Trader. By using a connection provider, you can connect Meta Trader with Prestige Option and automate your trading.
All you need to do to trade automatically with Meta Trader and Prestige Option is:
With this system, you have created your own robot. It can be highly profitable and easy to run, but let’s also look at the alternative, modifying a robot to work with Prestige Option.
Existing robots always aim to expand their trader base. When a new broker comes along in the way Prestige Option did, the creators of the robot have to decide whether it makes sense to expand their robot. The number one criteria in this decision are customer requests. If many customers want to use a robot with a new broker, the robot provider will want their business and will adapt their robot.
Consequently, it can make sense for you to ask around which existing robots plan to integrate support for Prestige Option or might already have integrated this support in the time since this article was written.
Set up an email that explains what you are looking for and send it to all the robots you like. If you are lucky, one of the robot providers might offer you a way to auto trade Prestige Option. If not, you can always go with the Meta Trader solution.
Prestige Option might be the perfect broker to trade with a robot. There are three reasons for this statement:
Prestige Option is a great broker to trade with a robot. Combining high payouts with a large selection of assets and 24/7 trading, few brokers offer a higher earning potential when combined with a robot.
Unfortunately, no robot supports Prestige Option directly just yet. Luckily, getting inventive requires only a little work and can create a highly profitable system. Whether you choose to use Meta Trader or a modified robot, your first step should be to create an account with Prestige Option. Follow our links, fill out their registration form, and you will be ready to enter the world of binary options.