Binary options are prohibited in the European Economic Area. 83% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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76% OF RETAIL INVESTOR ACCOUNTS LOSE MONEY WHEN TRADING CFDS BINARY OPTIONS ARE PROHIBITED IN EEA

BinBot Pro Review

BinBot Pro is a binary trading software that, according to their website, can make money for you. Of course, such claims and promise should be taken with a grain of salt, so we definitely recommend you to read our BinBot Pro review first. BinBot Pro review takes all aspects of trading with this software into consideration and provides you with more details that can affect your final decision.

Find out more about different features, trading software, customer support and banking possibilities as well as deposits and withdrawals in the review that follows. Only so can you make the decision that is right for you.

BinBot Pro Demo Account

Some binary trading software decide to follow the footsteps of binary options brokers and offer numerous accounts with different benefits. BinBot Pro decided not to mention any specific account types on their homepage, so we needed to register in order to see whether or not there is a demo available.

The registration process is pretty straightforward. Traders must first follow the button in the upper right corner of the website to access the registration form. Then, all they need to do is fill out the form. The requested data is: first name, last name, phone, account currency, email, password and broker. The account can be opened in USD, EUR, BTC and LTC, which means that two cryptocurrencies are supported for account registration.

Upon the registration, the traders are immediately redirected to the trading dashboard. There they can also activate their BinBot Pro demo account that is allowing traders to test the platform. Still, the BinaryBot Pro demo could be better executed, as it has to be renewed in short intervals of time – every 60 seconds. More solid demo account that lasts a week would be much more efficient and more user-friendly.

Also, traders would have a chance to see what real trading looks like and get a much better perspective as this time-limited demo can affect their virtual trading in critical moments.

The real trading account is available only after the trader has made a deposit in the amount of $250 with a broker of their choice. We were offered only one broker, but we can hope they will add more brokers in the future for even better trading

BinBot Trading Software

Once the trader is registered they can place trades thanks to this auto trading software called BinBon Pro. BinBot Pro has a proprietary platform that is easy to navigate. Traders can easily access different settings, including the special interface where they can even build their own robot. Also, there is a list of top 10 performing robots. It would be great if this feature was better explained as it would definitely improve the overall trading experience and add more diversity to your trading game.

BinBot Pro is a robot that is exclusively focused on currency pairs. The currency pairs offered are:

EUR/AUD, EUR/USD, GBP/USD, USD/CHF, EUR/JPY, USD/CAD, AUD/USD, EUR/GBP and BTC/USD.

Also, when creating your own robot, you can easily select your favorites among 6 indicators and determine how often you want to activate them. Every trader that is building their own customized BinBot Pro has to select at least 3 indicators for the trading robot. The trading indicators offered are:

  • ADM INDEX
  • COMMODITY CHANNEL INDEX
  • MOMENTUM
  • RSI
  • RVI
  • AROON

Traders can also decide whether or not they want their robot to be public or private.

BinBot Scam

BinBot Pro understands how valuable customer support is for the average trader. Their customer support is available via live chat when the trader is looking on the website and when they enter the trading room. This is a great feature as it means that traders never have to log out in order to ask customer support what they need to know. Also, BinBot Pro has a support email, where traders who are more keen to written correspondence can easily send an email.

Unfortunately, the education on the website could be better. Traders don’t get any free educational materials or news updates. Also, all BinBot Pro Traders who want to learn more have to do it all by themselves by researching other websites and articles published elsewhere. Additional guides and webinars would be great, as they would provide easier access to trading strategies for traders all around the globe.

We did not receive any complaints about BinBot Pro scam make sure to do your own research before signing up.

BinBot Pro Withdrawal

BinBot Pro is a binary trading software. This means it does not accept deposits or processes withdrawals as binary brokers do. All transactions are processed by the binary broker you have chosen from the BinBot Pro trading dashboard. However, in most cases minimum deposit is $250 and minimum trade is $25. The minimum withdrwal is determined by the broker and we strongly recommend you to check their terms and conditions for more info. Still, BinaryBot Pro could offer more info about the company as well as create their own terms and conditions to improve the legal aspect of trading with them.