Since it first came out in 2008, binary options trading keeps attracting traders from all over the world and South African traders are part of that.
Yet, with the rapid advent of technology new way of binary options trading has emerged in the form of auto trading robots which are hailed as a great solution for traders who are just starting to trade binary options.
However, there are numerous benefits when it comes to this manner of trading and we will try to point it in this article.
Auto Trading as a Time Saving Solution
Automated trading offers various benefits to those who opt to trade binary options in such way. Considering human obsession with time, it is hardly surprising that the fact this way of trading not only generates profit but saves time as well presents a very appealing package for traders.
By utilizing the so called trading robots to place trades instead of traders provides the perfect solution when it comes to leading a normal, active life and also being active on the market.
Looking at it from this aspect, most profitable auto trading robots save time in more than one way.
Firstly, the software places trades on behalf of the trader and additionally, due to advanced, sophisticated algorithm which this software uses, traders can also forgo trying to learn and grasp financial analysis which is otherwise necessary.
Therefore, opting to select one of the popular auto trading robots on South African Market, traders save considerable time which they are now free to spend doing something else.
Profitable Binary Auto Trading
As appealing as time saving is for interested South African traders, it will not amount to much if all that is not followed by generating healthy profits.
Because of that, we have decided to take a closer look at most profitable auto trading robots in South Africa. Because, time saving aspect has to be paired with higher profit-making rate then would be achieved if traders traded manually.
Comparing Binary Robots in South Africa
Several ways are open when it comes to contrasting and comparing binary options robots and determining which are the most profitable ones in South Africa.
In this article, we shall do precisely that by applying a defined set of criteria which will present traders with an accurate picture of all the automated software we shall discuss.
Auto Trading Robots Profitability Criteria
Naturally, when looking at most profitable auto trading robots in South Africa the criteria of profitability is the first one to look at. However, the story is not as clear cut as would be expected.
And the reason for that lies in the simple fact that all traders using auto trading robots have their own settings which they change and adjust according to liking and preference which makes it hard to assess the profitability.
That, in turn, points to a very simple fact – traders get varying results when it comes to profit despite using the same set of signals provided for a specific period.
Another important point is the possibility to verify data which will give traders accurate info. Since we only want to provide accurate info to our South African readers, and simply putting out statistics is just not something we are willing to do, we have made sure to properly inspect all robots we shall discus in this article.
Accordingly, we shall present the obtained results in a clear, simple and transparent way so that interested South Africans have at their disposal data which they can later use when selecting a one (or more) of the most profitable auto trading robots.
Also, it is important to keep in mind that taking a step back from the default settings changes the results and the way the trader has adjusted settings is different from one trader to the next.
The Most Popular Auto Trading Robots on South African Market
As is our goal with this article, we shall present the most popular and the most profitable auto trading robots in South Africa which will also be backed up by the criteria put forward.
These are the most popular and most profitable robots which South African traders use:
- Binary Options Robot
- Fintech Limited
- Qbits MegaProfit System
- IQ Option Robot
Binary Options Robot Software
Firmly placed at the top of the list, Binary Options Robot is by far the most profitable automated trading system not just in South Africa but worldwide. By using this robot, traders actually get a software which uses signals that have been calculated via algorithms.
These algorithms are based on mathematical and financial data. This makes Binary Options Robot perfect solution for all those new traders who are only venturing into binary options trading and feel uncertain about what to do.
Since this trading solution uses data obtained via price indicators and technical patters to generate signals with great accuracy which escapes the ability of an average trader, it is a sound choice not just for newbies but experienced traders too.
Binary Options Robot is integrated only with trustworthy brokers such as Banc de Binary which have a long-standing reputation on the South African and global markets. This also means that traders have over 50 assets to trade with as well.
This solution is 100% free and web based, there is no need for any download and traders also have the opportunity to activate the VIP membership, which can be seen as an added value which, when used has the potential to further boost the potential for profit-making.
Another point in favour of this amazing blend of technology and financial data comes via prize awarded in 2016 for best binary robot with which it is possible to have 91% return rate.
These two auto trading solutions are also a good choice for South African traders.
Fintech is owned by trading professionals and uses mathematical algorithms to place traders on behalf of traders. The software is free and connected with liable brokers like StockPair and Banc de Binary.
It offers traders various features and is suitable for both new and seasoned traders. It is possible to earn as much as $900 in span of an hour with this software.
Qbits MegaProfit System
On the other hand, quantum signal technology is the basis of Qbits MegaProfit System. It provides South African traders with useful features which can bring about returns of up to 97,5%.
IQ Option Robot
IQ Option Robot or IQ Robots, is also a fine choice for South African traders interested in automated trading as this software offers the possibility for traders to put together personalized robot.
The offer a Wizard option for new traders or Constructor option for advanced once. Payouts with this robot go up to 85%.