BinBot Pro has been established within the trading community for almost 5 years, being incorporated in 2016. It offers a semi-automatic trading software, with pre-configured ‘robots’ that use different algorithms to initiate profitable trades. BinBot Pro is partnered with 4 popular binary options brokers, including BinaryCent, VideForex, RaceOption and IQ Mining. When signing up to BinBot Pro, you select your desired broker on their page, so there’s no need to manually connect your broker account.
It’s typical that binary options auto-trading software come to the market and disappear quickly, once the trading community discovers that the software is fake. However, BinBot Pro has proven to be a reliable and consistently performing trading software.
Creating an Account
The account creation process is quick and simple, as it should be! Heading over to the sign-up page, you will need to enter your name, email address, chosen password, preferred broker and your currency. Once you confirm your account by verifying your email, you’ll be ready to start trading.
Note: In order to minimise any delays when withdrawing from your chosen broker, verify your ID before you start trading! This way, when you wish to withdraw from the broker, the withdrawal process is quick and simple.
Funding your account
Once your account is set up, you’ll be greeted with a dialog box to process your deposit. You can deposit by using any Visa/MasterCard, Bitcoin (offering a 5% bonus!), Altcoins, Stablecoins, Tether, or PerfectMoney. In my personal experience, when making a deposit it can take up to 5 minutes to show in your broker’s account. This is normal, as it’s just a verification process in the background.
Your deposit will show up in your brokers ‘Transaction History’.
Once you’ve made your deposit, it’s time to start using BinBot Pro!
Using the Robots
BinBot Pro gives you the option to use one of the ‘Top 10’ robots. This is the perfect place to start off. Each robot uses different trading pairs, and uses different algorithms to execute trades at certain times. Some robots are better than others – in my personal experience, I would stay clear from Ichimoku Crypto v2.
Here’s an example of the configuration for Strong ADX v.2, which has given me consistent results over the time I have tested BinBot Pro.
You can see that the cryptocurrency trading pairs are not used with this robot, however, all of the currency trading pairs are. All you need to do now is click run, and wait for trades to execute.
Building your own trading robot
If you’re looking to have more control over your trading, then you can create your own robot. You have full flexibility to choose your own trading pairs, indicators and execution times. A separate post on creating your own BinBot Pro trading robot will be coming soon.
TOP TIPS FOR TRADING WITH BINBOT PRO
I’ll be honest with you, BinBot Pro is NOT a get-rich-quick, fully automated trading platform! YOU WILL LOSE YOUR MONEY IF YOU RUN A ROBOT AND WALK AWAY, AND EXPECT TO COME BACK TO A HUGE BALANCE. That’s not how auto-trading software works.
You need to see BinBot Pro as an ‘assistant’ for your trading. The best steps to follow are:
- Never, and I mean NEVER, leave your bots running unattended!
- Check the market calendar to see if there are events that may impact trading volatility.
- Avoid Friday and Monday Morning trading.
- Let a bot place 2-3 trades, then immediately stop it. If they are mostly winning, run it again, if they lose, stop and come back later.
- Trade when the market is stable.
Addressing the criticism over BinBot Pro
Let’s be real here, there are mixed reviews about BinBot Pro online. Some websites tell you it’s working, other’s tell you it doesn’t. From my experience, BinBot Pro performs well. People leaving bad reviews tend to have the mentality that you can run all the bots, come back in the evening and expect a huge balance. This is a rookie mistake. Trading needs your focus and attention, whether it’s fully automated, semi-automated or manual. If the markets suddenly change and you’re not there to stop your bots, you are putting your funds at a huge risk.
BinBot Pro and the brokers are a business. They are also wanting to make money, but they also want their users to make money, too. Their own commissions are already in place in the profits you make, so the balance you see is the balance you’ll get when you withdraw. There’s no nasty surprises when you try to withdraw, like with other brokers, who may slap you with a huge percentage.
My advice: Grow your account steadily. Keep an eye out on the economic calendar for any major events. And, if you have a losing streak, stop trading and come back tomorrow. It happens to all of us, but tomorrow is always a new day to make some more profits.
If you’re new to the trading world, BinBot Pro is a great place to start. The semi-automatic trading platform gives you the ability to stay in control, and gives you the choice to either trade with pre-configured bots, or trade entirely by yourself. Providing you trade responsibly, there’s potential in using BinBot Pro to grow your balance over time. Easy does it!
Click the link below to try BinBotPro for yourself!