iRobot Review

  1. iRobot Review
    Ines Matkovich
    Auto trading software for binary options trading are becoming increasingly popular and this iRobot review will provide traders some further info regarding this auto trading service. iRobot claims to be free, completely automated trading software that supports numerous features and strategies for binary trading in every occasion. According to the website, iRobot is created for... Read more
    Auto trading software for binary options trading are becoming increasingly popular and this iRobot review will provide traders some further info regarding this auto trading service. iRobot claims to be free, completely automated trading software that supports numerous features and strategies for binary trading in every occasion. According to the website, iRobot is created for both beginners and professionals alike, but is it really so? iRobot Registration iRobot review showed that registration process is fairly simple. Traders have to enter the required information in obligatory fields, as well as immediately select one of the brokers offered. This can be a bit challenging for beginners who are not sure what to expect from each broker and what their needs really are. iRobot registration Traders can choose to trade with a demo account that comes with $5000 virtual money, or real account that is usually available after $250 deposit. iRobot Features iRobot review is based on their demo account that is the same as the real account, only that real money is not involved. Traders have the opportunity to trade automatically or manually – this feature is a bit pointless as traders who want to trade manually can do so simply by trading with a broker, without using the auto trading service. iRobot auto trading According to the demo account, all trades are executed in extremely fast pace, and traders don’t have the possibility to limit the number of daily trades or the amount that is traded daily. Such approach towards auto trading makes money management more difficult and demanding. As soon as the auto trading is turned on, the iRobot starts trading. It is also possible to shut down auto trading in the middle of the trade, but only for a certain amount of time. If traders notice that the trade will not be profitable and stop auto trading, iRobot will execute trades till the end anyway. In the iRobot review, we noticed that the mentioned success rate is 82%. iRobot auto trading software can execute only 2 trades simultaneously. iRobot Trading Settings There are also several features that can be used when trading with iRobot auto software. Traders can turn on and off several indicators and choose their preferred method. The settings page claims that this is perfect for beginners, but in fact, most traders who are getting started don’t understand what Martingale, RSI, CCI and other terms in financial trading really are, so these features won’t be as useful as iRobot states. iRobot features iRobot review also showed that there is no VIP account for loyal traders. The number of brokers demonstrated on the home page and brokers who are really available for trading is not the same, so traders can be deceived that this service is supported with their favorite broker when it isn’t. iRobot auto trading is based only on short-term trading, and users can choose expiry times up to 5 minutes, which can be considered a bit risky. Additional time frames would be welcomed for traders who want to take the slower path in trading. The only asset provided is currency pairs – 8 of the most popular ones. It is a very limited number of assets for traders who want more variety in binary trading. iRobot Pros and Cons iRobot review showed that this binary auto trading software offers some advanced customization possibilities that average trader won’t find very useful. Also, a limited number of assets and short expiry times are more alluring to traders who like to take a risk. Beginners might find iRobot auto trading software to be too fast and too dynamic, as everything happens too quickly. Traders who prefer better portfolio and money management should opt for another auto trading software. Trade with Binary Options Robot, the best auto trading software!
    2.5

    Auto trading software for binary options trading are becoming increasingly popular and this iRobot review will provide traders some further info regarding this auto trading service.

    iRobot claims to be free, completely automated trading software that supports numerous features and strategies for binary trading in every occasion. According to the website, iRobot is created for both beginners and professionals alike, but is it really so?

    iRobot Registration

    iRobot review showed that registration process is fairly simple. Traders have to enter the required information in obligatory fields, as well as immediately select one of the brokers offered. This can be a bit challenging for beginners who are not sure what to expect from each broker and what their needs really are.

    irobot auto software

    iRobot registration

    Traders can choose to trade with a demo account that comes with $5000 virtual money, or real account that is usually available after $250 deposit.

    iRobot Features

    iRobot review is based on their demo account that is the same as the real account, only that real money is not involved. Traders have the opportunity to trade automatically or manually – this feature is a bit pointless as traders who want to trade manually can do so simply by trading with a broker, without using the auto trading service.

    irobot dashboard

    iRobot auto trading

    According to the demo account, all trades are executed in extremely fast pace, and traders don’t have the possibility to limit the number of daily trades or the amount that is traded daily. Such approach towards auto trading makes money management more difficult and demanding. As soon as the auto trading is turned on, the iRobot starts trading. It is also possible to shut down auto trading in the middle of the trade, but only for a certain amount of time. If traders notice that the trade will not be profitable and stop auto trading, iRobot will execute trades till the end anyway. In the iRobot review, we noticed that the mentioned success rate is 82%. iRobot auto trading software can execute only 2 trades simultaneously.

    iRobot Trading Settings

    There are also several features that can be used when trading with iRobot auto software. Traders can turn on and off several indicators and choose their preferred method. The settings page claims that this is perfect for beginners, but in fact, most traders who are getting started don’t understand what Martingale, RSI, CCI and other terms in financial trading really are, so these features won’t be as useful as iRobot states.

    irobot features

    iRobot features

    iRobot review also showed that there is no VIP account for loyal traders. The number of brokers demonstrated on the home page and brokers who are really available for trading is not the same, so traders can be deceived that this service is supported with their favorite broker when it isn’t.

    iRobot auto trading is based only on short-term trading, and users can choose expiry times up to 5 minutes, which can be considered a bit risky. Additional time frames would be welcomed for traders who want to take the slower path in trading.

    The only asset provided is currency pairs – 8 of the most popular ones. It is a very limited number of assets for traders who want more variety in binary trading.

    iRobot Pros and Cons

    iRobot review showed that this binary auto trading software offers some advanced customization possibilities that average trader won’t find very useful. Also, a limited number of assets and short expiry times are more alluring to traders who like to take a risk.

    Beginners might find iRobot auto trading software to be too fast and too dynamic, as everything happens too quickly. Traders who prefer better portfolio and money management should opt for another auto trading software.

    Trade with Binary Options Robot, the best auto trading software!

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