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 Robot
Auto trading robot 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.
Legit Auto Trading Robots
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. owadays, trading can be done on the go with the technology advancement and plenty of binary trading apps to choose among.
That, in turn, points to a very simple fact – traders get varying results when it comes to profit despite using the same set of binary options trading 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 discuss 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. If you wondered how to master binary trading, perhaps considering a binary robot could be one step towards the answer.
Best Forex Robot in South Africa
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 the best forex robot in South Africa. Because the time-saving aspect has to be paired with higher profit-making rate then would be achieved if traders traded manually.
Best Trading Robots in South Africa
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 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 binary robot, traders actually get software which uses free binary 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 binre broker 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 the best binary robot with which it is possible to have 91% return rate.
Fintech Automated Trading Software South Africa
What we learnt about Fintech South Africa, is that this software relies solely on free binary signals, which are created by advanced trading algorithms scanning the market 24/7.
Fintech Ltd seems to be a top-notch binary robot, with a user-friendly interface that can be used by many traders in South Africa, regardless of their expertise. When traders register on Fintech South Africa, they will be redirected to a trading dashboard and can perform trades right away. To get access to Fintech software, South Africans first need to complete the registration process, make a deposit and afterwards, activate their trading account.
The required binary trading minimum deposit for Fintech Automated Trading South Africa is $250. This amount may vary depending to the broker with which South African traders make the deposit. Following currencies are available for deposits EUR, GBP, USD, ZAR, RUB, JPY, BRL, AUD and CAD.
To traders registered in South Africa, Fintech Ltd offers a wide range of trading features, which can lead to monetary gain. One of such features is Trader Sentiment. This trading tool shows the percentage of those traders who use automated or manual way of binary trading South Africa.
This binary robot also supports copy and social trading so that beginners may prefer greatly from trading on Fintech Ltd platform. According to our review, Fintech is available on the mobile version of the platform. This way, South Africans can trade binaries when they are on the go, a common thing nowadays considering the busy lifestyles.
In case traders need any sort of assistance, they can turn to Fintech South Africa customer support, which is provided via email and live chat. What we find very interested is the fact Fintech robot is available in multiple languages, such as English, Italian, Russian, German, Spanish, Japanese, Portuguese, Swedish and Arabic.
Also, if traders want to educate themselves further about binary options automated trading and what this software has to offer, they can use a selection of educational materials and binary options guides, as well as FAQ.
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 successful binary traders in South Africa, interested in automated trading as this software offers the possibility for traders to put together the personalized robot. Read our full IQ Option Robot Review for all the relevant details about this software.
The offer a Wizard option for new traders or Constructor option for advanced once. Payouts with this robot go up to 85%.