Binary options are prohibited in the European Economic Area. Between 74-89 % 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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GPSTrader Review

  1. GPSTrader is a brand new automated binary options trading software that claims to offer many benefits to binary options traders, regardless of their investment experience. The most important thing that will attract traders to this specific trading software is that it is completely automated so it requires no input from the user itself. It is also a free software, so you will never have to deal with unexpected cost or sudden fees that you have no idea where it came from.

    In this review, we will go over the most important aspects of the GPSTrader and what we think are its biggest weaknesses and strengths, so we can make a difference for our readers when they find themselves in search of a great binary options software.

  2. Account Features

    Registering with GPSTrader is completely straightforward and it will definitely won’t take a lot of your time. All that is needed to sign up is to provide a few basic details about yourself and submit it directly on the main website of the product.

    There is only one basic account you are getting with GPSTrader seeing that this is a free binary options trading software. This means that any other accounts you will be opening are exclusively with a broker you will choose to do trading with. Obviously, you will have various brokers to pick from, as it is typically the case, so that you can be certain that you have made the correct choice.

    Demo Account

    GPSTrader doesn’t have a demo account offer for their traders, but we suspect that this is because the software is already free. However, it is always a great thing to have a Demo account offered to potential clients as it offers endless possibilities connected to an intense learning experience and risk free investment training.

  3. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  4. Testimonials FairForexBrokers Your capital is at risk

    Become an IQ Option trader today

    Join IQ Option and become a trading master! IQ Option is a world-famous regulated broker that takes your trading to the next level. It allows you to trade forex, crypto, stocks, options and much more on its award-winning platform. The best part? You can start trading with a minimum deposit of ONLY $10! Read our IQ Option review.

  5. Trading Software & Assets

    There is nothing on the website regarding the software details, which is a complete shame because it is very hard to figure out the intricacies of a certain product if there are no information written about it on the main page.

    However, traders can expect to have a binary options trading software that is functioning on the basis of advanced trading algorithms that is designed to look for the most profitable trades on the market. The software itself will recognize those potentially great trades and will place a trade on your behalf. This also means that you, as an active binary options trader, will not have to be near your computer or laptop to place your trades, but you can relax since your GPSTrader is doing all the hard work for you.

  6. If you want to trade with an award-winning licensed broker, we recommended using IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs

  7. Support Information

    Customer support is less than ideal, that is for sure. For a sophisticated product like this one, the customer support should be excellent as the traders will definitely have questions or issues the are unable to handle themselves.

    On the GPSTrader main website, there is a Contact us tab that is supposed to redirect visitors and traders to a page where you would be able to find all the available means of contacting the customer support agents. Unfortunately, we were unable to contact anyone since it seems that their tab is not currently working and there are no other ways to contact the agents.

  8. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs

  9. Banking & Company Information

    Payments of any kind are not going to be processed through the GPSTrader as this is a completely free software as we already mentioned several times. Once you decide to open an account and use the auto trading software, you will be connected to a binary options broker who will then receive your deposit so can begin trading with the money you deposited.

    Considering the fact that we do not know which broker you will choose as your own, we cannot know which amount will be necessary to deposit in order to start trading binary options. However, we do know that the average deposit required among brokers is a minimum of $250. Any other fees or charges will depend solely on the conditions set up by the chosen broker so make sure you have carefully read the Terms and Conditions of every broker you come in contact with.

  10. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

    • FREE $10,000 demo account
    • Award-winning trading platform
    • Licensed and regulated broker

    Trade with an
    award-winning broker
    like IQ Option

     

     

    Between 74-89 % of retail investor accounts lose money when trading CFDs
    11. Your capital is at risk

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