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Algobit Robot Review 2017

  • Min. Deposit $200
  • Min. Invest -
  • Return up to 81%

This robot is closed. try trading with Binary Options Robot instead.

Developed by OptionBit broker, Algobit is another automated robot now available to all South African traders interested in automated binary trading.

This is an interesting signal provider which can present various trading possibilities for traders in South Africa.

We will discuss all the details connected to trading with this robot in our Algobit robot review.

Trading with Algobit Robot

One of the most appealing characteristics of this auto trading binary system is the holistic approach with which it was created.

Because what traders in South Africa get with this binary robot is a product which scans and scrutinises the market and based on the findings, generates the trading signals.

The signals are then delivered by the Algobit trading system to inform the traders of the potentially profitable trades.

Our Algobit robot review also showed the platform though modern, is user-friendly and easy to use.

According to information available, the possible returns go up to 81%.


How to Use Algobit Automated Software – South Africa

Ever since Algobit appeared on the market in 2012, the team of experts in charge of this software keep working to deliver the best possible system for automated binary trading.

Going by available information, Algobit is one of the most popular binary robots on the market which has a fair chance of delivering satisfactory trading results to those who use it.

As we continued inspecting this binary robot for our detailed Algobit robot review, we also determined this is a free robot with no additional fees attached to it.

In order to start trading with Algobit, traders simply have to make a deposit of $200 with OptionBit broker.

That means they actually open an account with OptionBit and then proceed to register with Algobit binary robot by providing information like name, email address, phone number and password.

Despite Algobit being a part trading platform of OptionBit is still operating independently.

Once they open the account with OptionBit and deposit the funds, they move to Algobit software for the actual binary auto trading.

Algobit Trading Signals Accuracy

As we have already pointed in our Algobit robot review, this is two in one product which both generates the signals and then proceeds to the actual trading process.

Naturally, the generated signals have to be timely delivered and as far as Algobit trading signals accuracy is concerned it aims to be as precise as possible.

The Algobit signal provider uses an algorithm which calculates the possible underlying price movement on the market according to available information.

The accuracy is further helped by the fact that the algorithm takes into consideration the current market trends and signals are delivered accordingly.

Further benefits we found during the course of our Algobit robot review concern novice traders in South Africa which lack experience but with this trading system that is not an issue.

Meaning, even those with very little experience or none at all, still get to participate in the binary trading and reap the benefits since the system does everything on their behalf.

There is a medley of expiry times like End of the Day, 30 min, 15 min, 5 min, 2 min and 60 sec.

Additionally, they state they are collaborating with the most established brokers in the binary industry.


Binary Auto Trading with Algobit Software

Further benefits, which concern both the new and professional traders is the simplicity of the trading platform.

The platform is definitely modern but also user-friendly so South Africans should find the whole procedure of navigation fairly easy.

When Algobit software deliver the signals to traders they need to set the expiry time as well as the precise amount they want to invest and then move on to clicking on the Trade button to initiate the trade itself.

It is recommended to click the Analyses button in order to refresh the site as this enables the latest market-related news.

Another thing we need to stress in our Algobit robot review is that the system will never execute trades without the explicit consent from the traders (clicking on the Trade button).

This robot generates and delivers the signals and traders need to activate the trade personally.

10$ is the minimum amount needed per trade.

Algobit Performance – Binary Options South Africa

To improve their own knowledge and understanding, South Africans are free to use education materials. This is especially beneficial for South Africans which only began their binary options trading journey.

They can also utilise a handbook as well as videos.

Going by the information available on this robot, they seem genuine and a good choice for all those South Africans considering this manner of binary trading.

Even more so in the light of its affordability as the minimum deposit is $200 and minimum trade is only $10.

South African can also use both manual and automated trading mode.

The trading software also supports a fine variety of languages like Portuguese, Russian, Japanese, Dutch, Swedish, Arabic, English, German, Italian, Spanish and French.

Maximum returns may go up to attractive 81%, which is an appealing percentage for all prospective South African traders.

For details, questions or any issues, traders in South Africa can contact Algobit customer support service.

Algobit - Review Conclusion