FX Lounge Binary Review

There are better choices! Learn more about Binary Options Robot! There are many new and interesting auto trading software on the market, and FX Lounge Binary is one of them. Unlike many auto robots that are promising great results, this product is relying on trading based on education. FX Lounge Binary review will provide more information about this auto trading software for binary options that is promising top-notch learning materials to traders of all kinds. FX Lounge Binary noted how they promise education for forex and binary options traders, and also offer SNIPER indicator for automated binary trading. What is FX Lounge Binary? FX Lounge Binary combined educational and auto trading platform. All trades are placed based on SNIPER automated trading that relies heavily on a popular analysis of support and resistance levels. These indicators, generated by analysis, are used for trading in FX Lounge Binary strategy. SNIPER was first their signal providing service, but was then made into a crucial element of this software, according to FX Lounge Binary review. FX Lounge Binary Auto Trading Software Review FX Lounge Binary review noted how this product is promising that every time a successful trade is made, a screenshot of market conditions is being delivered to the trader. According to them, thi is amazing way to learn how to recognize a trading opportunity. FX Lounge Binary Demo Account FX Lounge Binary review noted how there is something called FX Lounge Binary Trail Account, which is basically a demo account. Demo accounts are always welcomed and great choice for traders who want to learn more about binary options. When registering with FX Lounge Binary, traders must be careful to select the right account type as there are both forex and binary trading accounts offered. FX Lounge Binary noted how the registration process looks the same as with many other auto traders. There is a special form and traders must fill the required information, and upload a picture. It is rarely seen that auto trading software requires a picture. When this is done, traders get a piece of information how they should visit a certain broker, open account there and provide FX Lounge Binary with the data for login. This can be considered inconvenient and complicated for traders without experience, as it requires more effort than usual registration process with auto trading software. Common practice is that traders get an opportunity to be redirected to the broker immediately, or get a trial or demo account directly on robot’s platform. The only useful piece of information regarding the information received is that this robot allegedly operates via MetaTrader4 platform. FX Lounge Binary Trading Account Features Review FX Lounge Binary review showed how this broker is accentuating the fact that it is delivering educational materials and tools. They should provide traders with a deeper insight and deliver more interesting trading experience. Some of them are: Extreme conditions strategy based on RSI, and stochastic indicators and Bollinger bands. It costs $97, which is somewhat pricey. Another tool that is mentioned on FX Lounge Binary is economic calendar. Economic calendar is just a link to economic calendar by DailyFX. Promised course for beginners and newcomers is mentioned as ‘coming soon’ feature. Unfortunately, there are no brokers mentioned on the website, and traders don’t know what broekrs are available for trading with FX Lounge Binary. This is something that traders don’t appreciate as it doesn’t give a sense of trust. More information about brokers available would be more than welcome. FX Lounge Binary Price – Is it Free? FX Lounge Binary review noted how this broker is not free. There are different packages traders can choose from, but only after paying a fee. Considering there are many auto trading software around, FX Lounge Binary showed that this might be pricier version. The FX Lounge Binary prices are: $9 for one week $27 for 1 month $67 for 3 months $119 for 6 months $197 for 1 year FX Lounge Binary review noted how this auto trading software claims that all subscriptions include trading course and indicator. FX Lounge Binary Review Opinion FY Lounge Binary heavily relies on binary options trading education, but knowledge, in this case, comes with a price tag that not every trader can afford. Even though education is the key for understanding binary options and risks involved, there are many free educational resources that won’t cost a penny. The fact that FX Lounge Binary is not free, can make many traders turn their back to this service. Also, additional information regarding brokers available for binary options auto trading would be useful for traders who want to sign up with this service. FX Binary Lounge review noted how this auto trading software still has a lot of room for improvement and has a lot of potential of becoming better auto trading software in the future.