If you want to make money with binary options without having to trade yourself, auto traders (or: robots) are the perfect opportunity for you. In this article we will take a closer look at the system Binary Auto Trader is offering.
Features of Binary Auto Trader
Binary Auto Trader offers a complete trading system. When you subscribe to Binary Auto Trader, their auto trader will automatically be copied into your binary options account. From there on, it will control every aspect of your trading.
Binary Auto Trader will:
- Generate trading signals
- Send them to your trader
- Translate these signals into trading decisions
- And execute them automatically
Signals are generated from 6am to 6pm GMT (Greenwich Mean Time). Since you do not need to interfere with Binary Auto Trader’s auto trading system, you can use them from wherever you are in the world. If you are living in Asia, for example, Binary Auto Trader can make money for you while you sleep.
Investments will be made exclusively in big currency pairs. The majority of Binary Auto Trader’s trades are in the Euro vs. the U.S. Dollar (EUR/USD) pair, with other significant amounts of trades taking part in other big pairs such as the British Pound vs. the US Dollar (GBP/USD) or the Euro vs. the Japanese Yen (EUR/JPY).
Binary Auto Trader displays a detailed performance history for of all their generated trading decisions. For most months, Binary Auto Trader generated a winning percentage in the high 50s or low 60s percentages. There are, however, several outliers where there success rate climbed close to 70 percent, and one outlier where it fell to 48 percent.
All in all, Binary Auto Trader generates secure enough signals for you to make money with them.
Binary Auto Trader offers four different subscription offers:
- For $100 per month you will get their bronze subscription, which allows you to trade multiple traders simultaneously with a maximum invest of $100 per signal.
- If you invest $300 per month, you will get the silver subscription with the same signals which you can trade with a limit of $300 per trade.
- The gold subscription costs $500 per month and allows a maximum investment of $500 per signal.
- The highest subscription type, the diamond subscription, cost $1,000 per month and allows for a maximum investment of $1,000 per trade.
While your subscription type defines the maximum amount you can invest, you have the last say about the size of the investment Binary Auto Trader uses for each trade. You can control their trader with a Google chrome browser. Simply install Binary Auto Trader’s extension, define the amount you want to invest per trade, and the auto trader will work with your setting from now on. This feature is especially interesting for new traders with a small bankroll that should limit their investment per trade.
This feature also comes in handy if you want to try Binary Auto Trader with a limited risk first and later want to increase your investment size. With this option Binary Auto Trader also enables you to apply a money management strategy. Simply check your account balance every day and adjust your maximum investment accordingly. Of course, even with the diamond subscription your investment is limited to $1,000 per trade.
Still, an investment of $1,000 per trade should be easily enough to generate a nice profit to live from every month.