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.
The binary robots can be categorized as the exclusive trading software, which can assist traders to experience automatic trading moves powered by its expert features.
Every trader, whether expert or a beginner, needs professional guidance in order to make money with binary trading.
In this regard, the binary robots are extensively used and rely upon many experts across South Africa. The binary robots are solely designed and launched for the convenience and support of the traders when using binary options.
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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.
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.
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.
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 robot registration process is simple, straightforward and free. All traders need to do is fill in the basic information in the provided web form and they are one step closer to using Binary Options Robot trading settings.
The next step is to make the deposit, as that is really the only necessary requirement before they can start using this otherwise free trading software. Furthermore, South African traders also need to understand that they make a deposit with one of the connected binary brokers and not with Binary Options Robot. Traders will be quickly directed to the binary broker site to make the deposit. After that, they can return to Binary Options Robot dashboard which will show their balance. Binary Options Robot provides over 50 underlying assets sorted into currencies, stocks and commodities.
While traders might have a personal preference concerning underlying assets, a wiser approach how to trade binaries on Binary Options Robot software is to activate as many underlying assets as possible. The reason is simple – the more underlying assets trader has activated the more signals will the software generate. In keeping most underlying assets activated South African traders are not investing any extra money but they are maximising their chances of achieving profits.
Unlike most other trading solutions available to South African traders, Binary Options Robot has a special feature called Auto Trade Approval which grants absolute control to traders. With this unique trade alert, traders are in a position to either accept or decline the suggested binary signal. Once traders optimise the trading dashboard Binary Options Robot software will scan the market in search of trades which have the most chances of yielding monetary gain. The Auto Trade Approval pops up every time the Robot generates the trading signal and traders can either accept it or not.
Statistically speaking, the more trades South African traders accept the more chances they have to make profits.
Once South Africans get sufficiently familiar with the trading dashboard on the Robot they will notice a History Tab. The History tab provides them with detailed data on all their previous trades – underlying asset, price direction, precise investment amount, binary broker, order and close time as well as strike and close price with returns and final results.
While this is an overall useful aspect available to traders this tab becomes an extremely valuable tool once traders begin to trade with several CFD broker in South Africa. For that reason, the History tab found its way into our 5 steps how to trade binaries on binary options robot software. In consulting this tab, South Africans have a clear overview and can adjust the settings accordingly.
In using available features and aspects of this remarkable synergy of advanced technology and user-friendly software, South African traders can experience the best of binary options trading.
Startup and functionality of binary robots South Africa have been designed in a user-friendly manner. Novice traders can take advantage of the free binary signals which are automatically generated to facilitate the investment decisions and timing of traders.
The software basically directs the user account to the linked binary broker account and initiated profitable moves instantly. No matter if a user lacks sufficient time and ability to apply binary options strategies, the binary robots can facilitate them towards automatic trading moves with due proficiency.
Very often traders believe that the way to earn more profits is to leave Binary Options Robot trading settings as they are. However, simply because South African traders might be beginners in binary options trading it does not signify they should not adjust trading settings differently.
The best and simplest way to start is by adjusting Binary Options Robot dashboard trading settings. There, traders can find Daily Stop Loss and Max Daily trades as well as Trading Amounts which should be adjusted first. These are simple, and every beginner can navigate them easily. After that, South African traders can move to the VIP account trading settings.
The key is to use all available Binary Options Robot trading settings in unison as that might bring the highest chances of making profits. Both Binary Options Robot Max Daily Trades and Daily Stop Loss are significant trading settings as they can influence the trades. South African traders who use them wisely can experience a different quality in their trading.
With Max Daily Trades, it is possible to clearly set the precise number of traders that should be done daily. Traders just enter the number of trades they wish to be placed for a day. Once this amount is reached, the trading will stop. This is a great setting as it can prevent unnecessary monetary loss and it is especially beneficial to newbie traders.
Daily Stop Loss is just another fantastic opportunity for traders to manage their account more effectively. With Binary Options Robot Daily Stop Loss, traders get to dictate the amount they wish to invest. When this amount is reached, the trading will cease.
Naturally, the trading settings may be changed at any moment. But, it is this possibility that points just how incredibly diverse and flexible Binary Options Robot trading settings truly are. And just how much control and freedom South African traders really have in navigating this binary options trading solution.
Traders can easily work with binary robots by creating an account with them. In most cases, binary robots offer free account start up features in order to encourage the participation of the traders. Once South Africans have created trading account with the binary robots, they can easily access multiple binary brokers working with professional networks.
In order to start trading with binary option robot trader needs to make a binary trading minimum deposit with one of the brokers that are connected to the binary option robot. South African traders also need to be aware that they do not deposit funds with Binary Option Robot but rather with one of the brokers available with this trading solution. Binary Option Robot plays the part of the intermediary which provides a superb binary trading software.
The automated feature can be enabled by the traders in order to get the automatic trading functions. Providing expert binary signals, maximum binary daily trades, regulating the trade amount, instant profitable moves and numerous other features are offered by the binary robots to the traders across South Africa.
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.
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.
With the heightened interest in binary options trading solutions, having a variety to choose from is great news for all interested South African traders.
Qbits MegaProfit System is one such trading solution which could be a fine choice for traders on the South African market. One of the main attractions of binary options trading solutions such as Qbits MegaProfit is the fact it can be used by anybody, regardless of their trading skills and knowledge. This trading solution is web-based and does not require any downloads. This also means that traders can access this trading software using any web browser which is a further benefit.
Another attractive fact about Qbits MegaProfit system is that traders can use it free of charge. They only need to make the deposit which serves to fund the trading process but no additional fees have to be paid for the actual use of the trading software.
However, before traders can begin using this binary robot, several steps need to be taken first. Conducting Qbits MegaProfit Login is the first of them. Luckily, the Qbits MegaProfit login process is easy and can be done in a matter of minutes. South African traders simply have to supply their name and email address together with their phone number and then click the “Activate” icon. This will provide them with the access to Qbits MegaProfit System. For each consequent Qbits MegaProfit login, the name and email address are necessary. The whole process of registration and Qbits MegaProfit login are completely free of charge as is the actual binary trading software.
So, how does Qbits MegaProfit work and how can South African traders make profits using it?
This binary trading solution uses quantum technology to scan and scrutinise the market in order to generate trading signals. That means that South African traders who opt to use it effectively avoid constantly monitoring the market. By analogy, they also do not have to invest time in education as the trading system actually does everything on their behalf. This can be seen as a very attractive and time-saving feature. Additionally, in using a binary trading solution like Qbits MegaProfit System human emotions which are usually very much a part of the trading process have been greatly limited.
To initiate the automated trading process with this binary options app, login to Qbits MegaProfit and consequent deposit with one of the connected binre broker needs to be executed. It would seem that the minimum deposit is set at $250. Once this is finalised, South African traders will be granted the full access to the dashboard. There, they will be able to set the parameters about the preferred trade options. South Africans will be able to select which underlying assets they wish for the binary system to trade as well as how much they wish to invest.
Once that is done, Qbits MegaProfit System can now start looking for the trading signals which stand the most chance of being successful and then carry out trades on behalf of the traders. South African traders should know that they will not be able to get full access to the trading platform before they make the deposit. However, bearing in mind the advanced technology governing this trading software, this is still an attractive binary options trading possibility for interested South African traders. Also, the profits made are also dependent on the investment traders made and generally, the more they invest the more they stand to gain.
It is important that South African traders are aware of the risks which are a part of every trading process and include that fact into their decision-making process.
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%.
The main premise of OptionRobot is that traders get access to financial markets anytime, anyplace, in a completely new way. They can skip the analysis in a whole, because, according to the OptionRobot website, the trades are delivered immediately to the trading dashboard and placed according to already predetermined wishes.
OptionRobot review noticed how this binary trading software has more than few interesting tools and features.
The most useful feature is definitely the demo account. OptionRobot demo has $1,000 balance with virtual money. This can help traders test the platform and learn more about OptionRobot. Also, they can make the final decision whether or not this is a platform for them.
Also, traders have three different trading strategies at their disposal. The classic strategy is described as safe and secure, Martingale strategy is recommended by the robot for faster profits and Fibonacci is, according to OptionRobot, the most accurate.
There are also six indicators that can be combined as you like: Trend indicator, RSI indicator, Williams indicator, MASD, Stochastic, and CCI.
There are also certain limitations for trading. For example, the minimum trade is $25, while maximum trade is $500.
OptionRobot is a robot that supports fully automated binary options trading. This means that once the auto trading is turned on, the trader lets the robot place all trades on their behalf. The trader has to set different parameters, like trading amount, trading method and indicators they want to use to generate trades. This approach towards trading is good for traders who prefer to make trading as easy as possible and who want to avoid manual trading.
Lastly, many traders around the world, in South Africa as well, wonder is there binary robots scam. This is normal as scam happens and traders want to be certain they have chosen wisely and invested their funds with a quality binary options trading solution. However, binary robot is a trading software different from other available in the binary industry.
These trading solutions are not just 100% web-based and free, but it will also never trade unless traders performed a login with binary options robot. Additionally, traders get to adjust the setting precisely as they want which provides them with high levels of control. That clearly points that there is no binary options robot scam.
Yet, there is an ultimate safety measure incorporated with this outstanding trading solution called the Auto Approval benefit. This means that all generated signals suggesting which trades ought to be carried out by the Robot on behalf of traders first have to be approved by the traders. This is done via a simple pop-up window which, alongside the info about the suggested trade, also demands that traders select either the green “Go” button or the red “Stop” button.
This way traders truly have the absolute control and nothing can happen without their knowledge which certainly provides them with more confidence. This also points to the fact there is no Binary Options Robot scam activity involved.
Binary robots South Africa are recommended thanks to the possibility of transmitting useful binary signals to the traders and guide them towards greater profitable possibilities. Binary robots are considered as trading systems with possibility of high accurancy. Therefore, numerous traders across South Africa are relying upon them for trading professionally in binary options industry.
The newbies can definitely go with the binary robots, such as Pro V6 Fintech for an example, in order to get automatic professional trading strategies and actions. The risk factor is somehow completely controlled by the binary robots when the traders have enabled the auto trading feature of the software.
For all prospective binary options traders looking to find a way how to master binary trading in a simple and straightforward manner, using binary robots could be a great solution for interested South African traders.
Binary robots are simply the auto binary trading mechanisms, designed to support the real time trading challenges and demands. The popularity of binary robots among the beginners has been increasing due to their useful features.
This is a simple but powerful solution which is completely free and does not require any downloads. This trading solution requires for global traders to login and be online in order to use it. This also means that binary robots will never trade if those conditions are not met which provides extra control for traders. With inbuilt parameters, binary robots trading software functions following clear-cut rules which enable traders, especially newbies, an easy beginning in binary options trading.
Generally, some of the most common pros of using binary robots are mentioned as follows.
Less risk exposure
The binary robots are definitely designed in a way to lessen the trading risk exposure of the traders with its rational strategy making feature.
Latest binary industry trends are tracked automatically
The latest binary options trading trends and investment patterns are tracked automatically. The binary robots basically generate auto binary signals for facilitating the investment and trading of the users.
Facilitates trading without prior experience
This is probably one of the biggest advantages of referring to the binary robots. The binary signals, investments and trading decisions are handled by the binary robots automatically.
Reduced trading stress
South African traders can surely have reduced stress while trading with the binary options. Whether the trader is lacking sufficient time and experience, binary robots can handle the trading pressure.
Automatic and instant Stop Loss feature
The daily binary options winning trade limit is set by the system, which ultimately controls the risk of loss, such as on Binary Options Robot. Furthermore, the investments can be kept segregated for future trading.
Excellent Option to Use
As already mentioned above, the binary robots are more safer than other options to use and trade with.
No need to invest larger amounts
The traders no more have to invest larger amounts when trading with binary options. Daily trade wining limits is fixed by the binary robots and controls the amount of investments in the best possible way.
Chance of trading with increased assets
By using the binary robots, users can even enhance the chance of trading with the increased assets. Binary robots actually generate the binary signals, which can automatically regulate and control the assets to be used in the trading.