Winning a trade in binary options is all about accurate speculations and correct timing. But traders spend most of their time analyzing the chart, watching trading videos, understanding the market condition, and researching.
Though these things are essential, it takes most of their time. And it also happens that they miss a good trading opportunity. But traders will not miss opportunities anymore because trading robots are getting popular.
Lately, binary options traders have started taking the help of binary trading platforms to understand the market quickly. Also, using a binary options robot comes with a win success rate of 60% or more. So, using a trading robot makes sense.
But which one should you use? Well, BinBot Pro is a good option as it’s packed with helpful features. If you are interested in using this broker, stay tuned because we will discuss the legitimacy of BinBot Pro and more.
What you will read in this Post
Most important facts about BinBot Pro:
- We’ll guide you through the four trusted brokers supported by BinBot Pro, each offering different advantages and requiring a minimum deposit of $250 to start trading.
- If you’re considering practising with a demo account first, it’s important to know that BinBot Pro’s demo account is only active for one minute and may not fully replicate real trading conditions.
- Although BinBot Pro is not regulated, we’ll discuss why many traders still consider it a safe and legitimate platform for binary options trading. The same goes for its SSL certified website and positive reviews.
What is BinBot Pro?
BinBot Pro is one of the few hyped binary options trading systems that has gained huge popularity among traders. BinBot Pro is a collection of different robots designed to make trading easy and simple for traders.
It was launched in 2016, and it’s one of a kind. It runs on various algorithms and is completely automated. That means when you are using BinBot Pro, you won’t have to make a trade manually because the software will do it for you. Sounds great, right?
Using this automated trading robot, traders can invest their money in forex pairs and cryptocurrencies. Another thing that makes BinBot Pro better than others is its trading strategies. If a newbie trader uses the given strategies properly, they can make a considerable profit.
Although BinBot Pro has been around for a couple of years, it is still not regulated. However, this thing does not make it unreliable because it offers the best trading services. The website of BinBot Pro is SSL certified. That means your data are totally safe, and no third can access them under any circumstance.
In a nutshell, when you are trading with BinBot Pro, you don’t have to worry about getting scammed.
BinBot Pro supported brokers
BinBot Pro supports four trusted and reliable trading brokers that you can select for safely trading in the market. All four brokers are linked with the market. That means you can easily make a trade.
BinaryCent is the first broker that BinBot Pro supports. It was launched in 2016, and it helps traders invest money in forex, CFD, and binary options.
After depositing the minimum amount, you can access the silver, bronze, or gold account. These accounts come with different advantages and offer a welcome bonus of 20% to 100%, depending on the amount you have deposited.
BinaryCent also offers 1:100 leverage and is regulated by VFSC, i.e., Vanuatu Financial Services.
The next broker that BinBot Pro supports is the VideForex which was launched in 2017. It requires a minimum deposit of $250. After depositing this amount, you can get access to either the bronze, silver, or gold account.
With VideForex, traders can trade with a maximum leverage of 1:100. This broker supports almost every payment method. Also, it’s a great broker to trade in binary options and CFD.
The third broker supported by BinBot Pro is RaceOption. It was launched in 2014, and it offers more than 150 plus assets to trade.
Once you have deposited the minimum amount, you can start your trade. Also, you can take part in the weekly contests to win more money.
IQcent is the last and newest broker that BinBot Pro supports. It was launched a couple of years back, and it offers 1:100 leverage to trade. It is the right choice for day traders and small investors.
Pricing and BinBot Pro sign-up process
The website of BinBot Pro says that any trader can get access to the Ultimate Money-Making Machine by only following three easy steps. After going through these steps, you can access this trading platform.
- At first, you need to visit the website of BinBot Pro, and then, you can click on register.
- Next, you are required to fill a form by entering the necessary information.
- Following this, you will have to choose a currency and one of the four available brokers from the platform.
- Lastly, you can choose the “register for free” option, and you are ready to trade with BinBot Pro.
To start trading with any of the brokers available at BinBot Pro, you are required to make a minimum deposit of $250 because all four brokers have a minimum deposit policy. After depositing the money, you can legally trade with BinBot Pro.
For making trading easy, this platform supports withdrawals and deposits in different payment methods. You can select any of the accepted methods for trading.
For depositing money in your BinBot Pro, you can either choose MasterCard, Visa, Bitcoin, Altcoin, or eWallet. When you are funding your binary options broker account, you will have to pay a small deposit fee.
As simple as it is to deposit money, it is equally easy to withdraw money from the BinBot Pro account.
You can choose any of the payment methods from eWallet, MasterCard, Visa, Bitcoin, or Altcoin for withdrawing the amount. When you are requesting a withdrawal, you would have to pay a small withdrawal fee.
BinBot Pro will process the withdrawal request in one hour. However, it will transfer funds into your account in 5-6 business days. But if the details are not filled in correctly, money transfer might take longer than expected.
Just like other trading platforms, even BinBot Pro offers a demo account option so that you can get a better understanding of trading. Once you have gained asses to a binary demo account, you can use the dummy money for trading.
But there is one thing you should know about BinBot Pro’s demo account. It’s that the account is only active for one minute. That means you only have limited time to use the given money and understand the market.
Another thing is that a demo account would never let you lose money. When the final trade result is displayed on the screen at the end of one minute, you will notice that you have won the trade, which is a little suspicious.
In short, the market trading condition demonstrated by the demo account might not give you an experience of actual trading.
How does BinBot Pro work?
You can make a good amount of money by trading with BinBot Pro. But how does this platform works? Well, it’s simple.
Once you have registered yourself with BinBot Pro, selected a broker, and paid the minimum deposit amount, you will get access to the demo account. You can trade with the demo account to know the market and understand price fluctuation.
After you have learned the basics of binary options trading, you can start actual trading. To trade with VideForex, IQcent, and RaceOptio, you need to make a small investment of $1. And for BinaryCent, you can start trading with $0.1. Each of these binary options brokers offers a 90% success rate.
Following this, your selected broker will analyze the market, consider the price fluctuation, and make a trade on your behalf. The platform of BinBot Pro is designed in a way to help the traders get maximum benefit.
Is BinBot Pro legit?
Are you still worried whether BinBot Pro is legit or not? BinBot Pro is a popular trading platform that is packed with several features. However, it is not regulated.
It’s a matter of concern because even after so many years, BinBot Pro does not have a license. But since this platform offers support from some major brokers, traders use it to earn money.
BinBot Pro is a legit platform and also has multiple positive reviews. It works on algorithms and traders on your behalf. So, all in all, even without regulation, you can trust BinBot Pro.
Moreover, this platform is not like others. It solely focuses on quality trading so that traders can earn a huge profit. To make trading easy and quick for everyone, BinBot Pro offers different assets to trade-in. That means you can pick an asset you are familiar with to reduce the chances of losing.
Best settings for BinBot Pro
After considering everything, we can conclude that BinBot Pro is a genuine trading platform that you can register with for trading.
As this trading platform is fully automated, you might ask what the best BinBot Pro settings are. The answer is there are no best settings available for BinBot Pro. But you can create settings by using the available binary options trading tools and other parameters.
You can also use indicators but try not using more than three indicators at a time. It’s because each indicator has its unique traits. And using multiple indicators at once can create a conflict. Meaning you won’t get an accurate result.
BinBot Pro customer service
Another area where BinBot Pro does not fail to impress us is customer service. Its customer support representatives are easy to talk with, and they are prompt to answer.
You will find a live chatbox on the website of BinBot Pro, from where you can reach out to the representatives for help.
If you are not registered with BinBot Pro, you will have to enter your email address, name, and phone number, or you can simply connect your Facebook account. Once you have entered the required information, you can get help from the customer care team.
Besides doing live chat, you can also send an email to the customer support team. The representatives will respond to your questions as they are 24/7 available.
BinBot Pro Pros
To give you a better understanding of what BinBot Pro is capable of doing and what kind of features it offers, we have listed some of its pros.
- BinBot Pro offers account and risk management facilities.
- This trading platform is entirely free to use.
- It is fully transparent and hides nothing from the traders.
- It is partnered with a few popular binary options trading brokers from which you can select one to trade.
- BinBot Pro is easy to use and is fully automated.
- It offers round-the-clock customer support service.
- It allows you to create your custom robots.
BinBot Pro Cons
Along with pros, this trading platform also has certain limitations.
- One thing that does not favor BinBot Pro is its demo account that only lasts for a minute.
- The demo trading results are always profitable, which is a little hard to believe.
- The minimum deposit for brokers is a little high.
- The website of BinBot Pro does not provide any past performance records on the robots that it supports.
Lost money with BinBot Pro
If your experience with BinBot Pro was not good and you have lost your money while trading with this platform, you can follow these steps to get your money. While these steps don’t guarantee to get back your money, there is some possibility.
First of all, remember the broker you have traded with via BinBot Pro. Next, reach out to that broker and ask for a refund. If you don’t get any satisfactory response, you can contact your bank and ask for a chargeback on the transactions.
Following this, you can report BinBot Pro. And then, you can wait.
Like other platforms, BinBot Pro is also a reliable option for traders to invest in the binary options market. But what makes it better than others is its automated interface.
BinBot Pro is entirely automated and is excellent for traders who don’t have time for trading manually. Also, this trading platform lets you start real trade by investing as little as $1. However, it is not regulated by any authorized body.
In concussion, BinBot Pro is a great trading platform that needs to upgrade itself a little to fix its issues. So, if you want to trade with an easy-to-use platform that is fully automated, you can register with BinBot Pro.
Some Frequently Asked Questions (FAQs) about BinBot Pro:
What is BinBot Pro and how does it work?
It’s a platform that offers a collection of trading robots designed to execute trades on your behalf. Once you register and make a minimum deposit, the platform’s algorithms take over, analysing market conditions and executing trades.
Is BinBot Pro a legitimate platform?
We understand that the legitimacy of a trading platform is a major concern. Although BinBot Pro is not regulated, it has gained popularity and positive reviews over the years. It also offers SSL certified security for your data. So despite the lack of regulation, many traders find it to be a trustworthy platform.
How do I start using BinBot Pro?
Getting started with BinBot Pro is quite simple. You’ll need to visit their official website, fill out a registration form and make a minimum deposit of $250. After that you can choose one of the four supported brokers and start trading.
What payment methods does BinBot Pro support?
If you’re wondering about the logistics of funding your account, BinBot Pro offers several payment options. You can deposit and withdraw funds using MasterCard, Visa, Bitcoin, Altcoin or eWallet. Please note that there are small fees for both deposits and withdrawals.