Speaking about BinBot Pro, it is generally a collection of various trade robots that are developed to help traders to earn money while trading on binary choices trading platform. It comes with more than ten customizable trading robots. Each robot has its own strategy, so you need to choose wisely.
It works with three major online brokers; they are VideForex, RaceOption, and BinaryCent. The platform supports deposits as well as fund withdrawals through the partnered brokers. Now, let’s have a look at this BinBot review to know more about this automated trading platform.
- How does BinBot Pro work?
- Is BinBot Pro legit?
- Why Choose BinBot Pro?
- Sign-up and Login
- BinBot Pro Supported Brokers
- Demo Trading
- Cryptocurrency Trading
- BinBot Pro App – Mobile Trading
- Minimum Deposit And Withdrawal Process
- Advantages And Disadvantages
- Reviews of traders
How does BinBot Pro work?
Here is the process of how does binbot pro work. Once you are done with the registration, firs you need to deposit at least USD 250 initiate the trading.
When you logged in, in the lower-left corner, you will find an option with “Top 20 Robots.” Here you need to choose the robot that you want to use. Each robot will be listed with the estimated profit. Some names of the listed robots are Rising East, RSIMA, Bolly Band Bounce and HP Cycle.
After the selection of the robot, you will be taken to a screen to initiate the robot. If you want, you can stop the robot anytime you want by clicking on the “Stop” option. There you will also see “Add Balance” option to add more fund.
This will start trading, and you can watch the trading graph live. For current balance, check the upper left corner of the screen.
Is BinBot Pro legit?
If you are worried about to know is binbotpro legit, then the answer is yes. It has been the trading industry since the year 2016 and has achieved a success rate of 90 per cent. In the year 2016, it received “The Best Binary Robot” award. The robots that the platform offers have supported by major regulated brokers. There is no doubt about binbot pro legit. It has also managed to cornered a lot of positive reviews. So, do your trading without worrying about any scam with BibBot Pro.
Why Choose BinBot Pro?
The BinBot Pro robot is getting popular with time and also has awarded with the best trading robot. Even though it requires you to deposit at least USD 250, you can start your investment with USD 0.1. On the other hand, it claims to offer a 300 percent profitable rate with around 90 percent maximum return. Besides, you will get a demo account to understand how it works. The best part is, it comes with a pre-built automated robot, but you can also create your own trading robot based on your requirements. So, all these reasons are enough to convince you to use the binbot pro robot.
Sign-up and Login
The sign-up process of the platform is very easy. Here are the steps that you will have to follow for registration.
- First, you need to visit the official site of BinBot Pro and then click on the “Register” option.
- After, on the next screen, fill up the online registration form by putting all the required information, like your name, contact details, email ID, etc.
- Then you need to choose a currency type. Currently, it supports USD, EUR, LTC, and BTC.
- After that, choose one broker from the three available brokers. The features of all the broker are the same.
- Once done, choose the “Register For Free” option to complete the process.
BinBot Pro Supported Brokers
For now, you with BinBot Pro, you can trade with only three brokers. They are RaceOption, BinaryCent and VideForex.
It is based in the UK and began functioning in 2014. The traders from the US can use it. The broker deals with 150+ trading assets and requires a minimum deposit of USD 250.
Established in the year 2016, this broker is a part of Finance Group Corp. It is regulated by the VFSC. With a minimum deposit of USD 250, you can start starting at USD 0.1. You will get 1:100 leverage. You can go for Gold, Bronze and Silver trading accounts and can earn around 20 to 100 percent bonus.
It is functioning since the year 2017 and offers a 100 per cent deposit bonus when you deposit USD 250. The broker is perfect for Binary Options and CFD trading.
Like other trading platforms, this auto-trading platform also offers a free demo trading platform. You can run at least ten trading robots with the demo account. You will start the demo trading with USD 10000 of the initial fund. However, the major drawback is, it only operates for just one minute.
You may find the demo account little suspicious as it always ends up with a profit. So, don’t take it seriously. No robot can let you enjoy a 100 percent winning rate. Just use it to know how the things work, that’s it.
It offers the crypto trading facility to the users. However, traders from the United States of America can’t use it for crypt trading. It supports all most all the popular cryptocurrencies, like Dash, Litecoin, ETH, Bitcoin, Ethereum and more.
On the other side, you can make withdrawals and deposit using Altcoins and Bitcoins, which will make all your transaction much secure.
The site claims to offer 700 percent of income return on crypt trading. As per the statistical data, the robots win around 32390 crypto trades regularly. On average, a trader can earn around USD 3836 in profits. Around 24000 traders have enjoyed profitable trades with this. The best thing is, the new crypto trades, signing up with BinBot Pro for the first time can get a 100 per cent sign up bonus.
BinBot Pro App – Mobile Trading
As per the BinPro review report, for now, it doesn’t have any mobile app. But all the supported brokers have their own trading app. The app can be downloaded from Google Play Store as well as Apple App Store. You can use the apps for the only transaction-related work. For trading, you need to use the web version.
Minimum Deposit And Withdrawal Process
As per the BinBot Pro review, the platform has three brokers, and they come with a minimum USD 250 initial deposit. However, for some specific region, it can go up to USD 500.
While making any withdrawal or deposit, BinBot Pro will automatically take your selected broker. You can deposit through multiple methods, such as Wire Transfer, Skrill, Crypto wallet, Neteller, Visa & Master cards, and crypt wallet. It offers faster deposit process. All these methods can be used while withdrawing funds.
However, if you are using a credit card, you will have to pay a fund transfer fee of 5 per cent. The brokers generally initiate the withdrawal in just one hour but to reflect in your account; it can take 2 to 7 days.
Advantages And Disadvantages
There are a few advantages following which traders prefer to use the bot for trading. These are:
- Stress-free automated trading experience.
- 24×7 available customer support.
- No more manual trading.
- Reliable robot in the trading market.
- Free to use.
- Highly transparent process.
- Let’s you to create custom robots.
However, there are some drawbacks that you need to keep in your mind while using it.
- You will get a demo account that will only last for one minute.
- You may find the demo trading little suspicious.
- No information about the past record of the robots.
- Offers only three brokers for options trading.
- You may find the minimum deposit higher.
From this binbot pro review, it can now be said that Binbot Pro is a useful free automated trading tool for BinaryMate as well as FinPar traders. It operates quite differently from other automated trading platforms by offering higher success rate, nearly accurate technical analysis, and more. However, currently, it supports only three brokers. The company should bring in more brokers to attract more traders. As it is legit, you can trust the robot and start trading now.
Reviews of traders
- From my point of view, the Binbot pro trading robot works perfectly fine. This is good if you are planning for a big investment. However, I would suggest that before running the robot, check the USD as well as Euro pairs. If the price is high, then run the robot. – Phillip Young
- I love trading binary options platforms but normally never get enough time for this. One of the friends suggested me to use binbot pro robot to automate my trading. Well, the robot works amazingly fine. Sometimes I encountered a few issues, but those were temporary. – Valery Z.
- It is a good free trading tool that lets me set the basic trading indicator. Well, it took me a few days to figure out how it works, but I would say it is quite easy to understand. All the things are now working fine, and I am growing my account gradually. – Damon
- The thing that I like the most about the robot is it comes with automated settings and also lets the users create their own robot. You may face some technical issues, but you will enjoy a good overall experience. Try it out now. – Pavol