There was not enough information to make an informed decision about this system in order to rate them as a scam or a legit one.
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Top Binary Options Robots
|Robot||Win Ratio||Open Account|
|Up to 200%||
iRobot – What is The iBinaryOptionRobot?
Binary options is a trading field that proves to be really attractive to people these days. It is mainly because this type of online investment is easy to practice, fast and in most of the cases it doesn’t involve significant time to be done. In addition, the amount of profits that such solutions can earn is very large, so people feel seriously tempted to start dealing with one of them. However, there are many risks, too. For instance, there are many scams that fail to earn a single profit but only take people’s initial investments and then vanish.
That is why, users should be absolutely sure in the legitimacy and reliability of a trading platform, before signing up with it. In the present article, we are going to evaluate the characteristics of one particular auto-trading robot that promises high success rate and reliable support service – the iBinary Option Robot or iRobot.
The iRobot Review
It is said that all users need in order to start trading with this system is an active Internet connection and an up to date Internet browser. In addition, iRobot is allegedly one of the most accurate binary option robots on the market. The supposedly sophisticated algorithm includes 6 advanced trading indicators that users can select or deselect during their trading process. When selecting multiple indicators, the software is going to place a trade only when all the selected indicators show the same signal direction(PUT/CALL).
In case that even 1 indicator shows a different direction, trade will be postponed. As a result, the more indicators enabled, the fewer trades are placed, but the profits are way higher. However, this is only stated but unconfirmed information, so we are not able to give it credibility as for now. In addition, there is some feedback in the Internet space and it denies the trustworthiness of these statements.
How Does iBinaryOptionRobot Work?
Setting up the account is said to be simple. Traders will have to do it for each broker and then they can start trading by using the autopilot mode. With this allegedly reliable online trading software, you should have the ability to choose between auto-trading and manual trading mode only with the click of a button. You should also operate with the full control of you account, funds and trades you are willing to place.
However, when using the auto-trading feature people are not aware of what is happening to their account. Considering the fact that there is no proof supporting the thesis that the robot works properly, we are afraid that there is a high possibility for traders to lose all their savings with the system.
Is iBinaryOptionRobot a Scam?
We are not going to say that this robot is scam but we are insisting on the fact that this is the more probable outcome for this auto-trading online platform. Therefore, traders should avoid it and deal with another income-increasing program.
However, the team behind this online trading platform states that it is a web based application trusted by over 2000 traders. It is also said to provide them with an Average Winning Rate of over 85% on a daily basis. There is no real proof for these statements so we cannot confirm the safety of this system.
Final Words About The iRobot
The binary automated system has some special features that are said to help users accumulate more profits in an easier way. The settings will ultimately define how the robot trades. It is possible to adjust the trade parameters before trades are placed, irrespective of whether the user decides to trade manually or enables the autopilot trading mode of the system. Still, this information shouldn’t be trusted because as for now it is only empty talks and nothing more. Until we can confirm the safety of this robot traders are advised to choose another binary trading solution.
Our investigation team conducted a comprehensive investigation on iRobot to find out if this product is genuine. As a result we cannot say that there was enough evidence indicating if iRobot is generating high profits. We found many reasons that made us suspicious about this robot being a scam.
In order to protect traders from bad trading experience and financial loses we recommend you to
I am David Raines, a Binary Options trader with years of experience in online trading. I write reviews of Binary Options Brokers, Auto Trading Software and Signals Providers.