Automated Binary Review
This time round I am looking at a new Binary Options Software service called Automated Binary. This looks to use the same engine as OptionRobot, so I am hoping for good things.
From the outset, there are no obvious scam signs. Not a single cheesy video or countdown timer to be seen. How refreshing to see something that isn’t trying to trick people. The site is very clean looking and professional, with no fake testimonials or other crap to make my alarm bells start ringing.
Another great sign is the no-obligation demo account that is offered. The scammy products all make you deposit before you can see what their software can do. Here we have the opposite. The developers of Automated Binary want you to test drive their product and see for yourself what it is capable of before you even spend a penny on it. This demo account is funded with a slightly unrealistic amount of $50,000. However the trades can be placed at a realistic rate, so the results should be on par with someone starting on a small balance. I set it running with the settings on Classic, with 60 second trades and maximum of 3 trades at once. I set the algorithm to Trends only, as I am not confident in any of the other methods on offer. My demo balance went up $140 in just 12 small trades within about 10 minutes. Impressive.
I decided that a real investment was the next logical step, so I deposited $350 into my Tropical Trade account and now I will start trading for real.
Hi Gary. I’m a complete and utter newbie to all this. I actually signed up to FinTech a week or so ago before reading your reviews and realise I probably shouldn’t have! There was no explanation about how it works and I’m still in the dark. I deposited £200, and set it to autotrade, but then nothing seemed to happen. Don’t know if I should be clicking on something else or not. Any advice? Should I be looking at something else? I am an ‘about to retire’ part time teacher and am looking to make some money online to supplement my meagre pension. I live in the UK.