It is important to know if BinaDroid automated trading software can be trusted or if it is a scam. We have investigated it for this review and we have thankfully found no evidence of any scam! On the contrary, our tests have proven that this is a reliable binary options robot. As many of our readers know, almost every trading robot we review turns out to be a scam. The last good one we reviewed was CopyBuffet. And now BinaDroid is added to our list as one of the reliable bots. Our review investigations have revealed that this is a genuine way to make money from binary options and there are some unique features which make BinaDroid stand out from all other types of binary trading robots. See their video at BinaDroid.com
The main difference between this binary options robot and the others is that the BinaDroid autotrading robot makes use of Android technology to collect data about trading strategies. It also has its own ranking system, so it will always find the best strategies for trading binary options.
The Binadroid trading software has been developed by an experienced financial analyst with inside knowledge of trading strategies. For many years Troy Everett has been working for some big finance companies and he has studied a whole range of trading strategies. He has personally developed a number of very successful trading systems for those companies.
Now Troy Everett has adapted his most successful system so that it can be used by anyone for binary options auto trading on a smart phone, a tablet, a laptop, a PC or a Mac.
Even complete beginners can use this software to win binary trades, simply by selecting the Auto Trade option on the trading platform. Then every trade will be placed automatically by the binary options robot. More experienced traders can choose to place their own trades semi-automatically from the BinaDroid trading signals.
BinaDroid Review: Safer Trading
BinaDroid trading software generates binary options trades from analysis of market movements combined with the information it gathers from various social trading platforms and from top trading professionals. The trading algorithm uses data collected by Android technology to generate accurate signals. Several traders on our staff have tested it and found an impressive 88% success rate. In other BinaDroid review tests, this trading robot has been winning between 80% and 90% of real binary trades.
There is less risk involved in auto trading with the BinaDroid system than with other types of autotrading robot, because this system allows a trade to be made with as little as $5. A minimum amount of $25 for binary trades is normal for almost all other types of forex robot software.
BinaDroid only works with regulated brokers, so you will experience no difficulty when you want to withdraw your profits. There are a number of well known brokers associated with this autotrading robot and you will be asked to select one of them from a list provided by BinaDroid.
How Does BinaDroid Work?
When you access the app for the first time, the system automatically provides you with a binary options trading platform that will work in your particular geographical location. This means that BinaDroid trading software can be used for successful binary trades anywhere in the world.
When you are ready to start trading, you will be able to choose between binary trades that expire in one, three or five minutes. Trades expiring in sixty seconds are more risky than trades which take longer to expire, so you can choose you own level of risk.
If you need any technical help, 24/7 support is available. We have tested it for this review and we can confirm that the BinaDroid support system does respond to queries.
Is BinaDroid Trading App a Scam?
Our investigations for this review have proved that there is no BinaDroid scam. This trading software can be trusted to be safe for trading. It has been given positive reviews on several reputable binary options sites and there have been no complaints from anyone who has tried it. Our own traders have had amazing success with it over the past few weeks of testing. The technical support team is very responsive and all the brokers affiliated with BinaDroid are regulated and reliable.
Later this year the BinaDroid trading app will be made available at a high cost to finance companies and big traders. Because Troy Everett intends to sell his app in future, he is offering it for free now so that he can show potential customers some genuine trading results.
Cost and Getting Started
You can access the auto trading app at no cost and continue to use it for free, if you join now. Just go to the BinaDroid website at BinaDroid.com to enter your name and give an email address where all the details you need can be sent to you.
From the members’ area of the website, you should select a binary options broker and register for a trading account. It is important to use the same password for your broker account and for the BinaDroid app, so the trading robot will be synchronized with your account.
The minimum investment required to start trading will be $200 or $250, depending on the broker you pick. When you have funded your trading account, you should select “Auto Trade” for instant automatic trading. All you have to do is decide how much money you want to place and indicate whether you want binary trades which expire in one, three or five minutes.
No matter how good an autotrading robot is said to be, when you are starting out as a trader it is not a good idea to put too much money into your trades. The big advantage to using BindaDroid trading software is that you can exercise some prudent money management by beginning with very small amounts and building up profits without the risk of losing your entire investment.
Profits from winning trades will appear in your account instantly as each trade expires and you will be able to see for yourself that you get excellent results from trading with the BinaDroid system. At any time you can decide to increase the amount you want to place on each binary trade, using some of the profits you have already made.
Review Conclusion
Our Binadroid review has proved that the software can be trusted and it is not a scam. You can safely start auto trading with as little as $5 per trade and you get to choose your own level of risk. This binary options robot has been tested and proven to win on average between 85% and 88% of binary trades. BinaDroid joins only a small handful of trading robots that we recommend on our site!
