Optionrobot.com Honest Option Robot Review. Scam or Not

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Option Robot

Robot Name: Option Robot
Founded: 2020
Type: Robot
Price: Free*
Return: N/A
Trading: BO
Demo Account: No
Minimum Deposit: Up to Broker

Option Robot Review

You’re about to get rich again! Ah, getting rich seems to be so easy these days; everywhere you look there’s free software or a guy willing to give you the Secret to millions. Most of the time I feel bad about all the people who get scammed by these robots and autotraders, but I have to admit, some guys have it coming. It’s really easy to spot a blatant scam on your own and on top of that, we do our best with these reviews to open the eyes of our readers, so if you don’t see it, I cannot stop you from giving your money away. Here’s another warning, take it or leave it.

What Is Option Robot And How To Stay Away From It

Unlike most of the software that comes out these days, Option Robot doesn’t show a sales video with a wonderful story of success so actually, I am less entertained. The truth is that to me the sales videos are very funny, I like watching them – not because I believe a word of what they are saying but because I am curious to see how far they take it. I’ve seen guys who claim to control weather satellites to predict the market, others have *allegedly* cloned the mind of Warren Buffett and some even claimed that their robot doesn’t only predict the market but it creates it. That’s what fairy tales are made of! Sprinkle some stardust on top and you have your millions.

But let’s return to our Option Robot (no cheeky name like Quick Cash or Millionaire Stay-At-Home Mum): this one is an autotrader that uses technical indicators like MACD, Stochastic, Relative Strength Index, CCI and more to predict the next move of the market with 83% average accuracy (or so they say).

Once you fire up the thingy, you can choose how many indicators you want to use by simply ticking a box next to them but I am not sure how this affects the advertised accuracy. I mean, using only one indicator will make it less accurate than using all of them? Should I use more than one? Maybe using too many will give conflicting signals. I don’t know man, I’m confused and the Option Robot team doesn’t help me at all; they just say I can use more than one.

The trades will be executed automatically on your linked brokerage account and you can choose from several brokers like GreenFields Capital, Wise Banc, Ashford Investments (which is actually closed), Brighter Trade and others. Most of these brokers are unregulated and some have even disappeared from the scene or have changed their name, moving out of the dying binary options industry but there are also a few good ones among them.

Why Option Robot Doesn’t Suck?

A few positive things I have to note so far: the signals are generated by technical indicators, not by Skynet or Gandalf. Some of the recommended brokers are actually legit. They warn about the risks of Martingale, without focusing only on the profits you can make. There’s a functioning Live Chat feature (I actually talked to a representative) and they offer brief reviews of all the brokers you can link your account to. Also, they have been around for a few years now and they don’t look like the regular rubbish funnel or the scam robots we are used to. Does that make them OK to use? Will you make money with Option Robot? I don’t think so, but they are a step above some of the other trading robots out there.

Why Option Robot Sucks

I talked about the positives above because I want to paint an accurate picture and to give you the best idea of what you will be dealing with, but that doesn’t mean that I believe Option Robot is a good choice for you. No, scratch that – I don’t know what a “good choice” for you is. I only know what a good choice is for me and according to my opinion, just saying that the robot uses RSI, CCI, MACD or whatever indicator doesn’t make it 83% accurate.

Just because something is not screaming “I am a Scam” doesn’t make it good and – again, in my opinion – this Option Robot doesn’t give enough information and hard evidence to make me use it with confidence…or to make me use it, period. Partly because I don’t like Binary Options trading robots and partly because it claims to make me rich with a push of a button and my mind simply cannot comprehend that.

The People’s Voice – What Users Have To Say About Option Robot

No matter how bad something is, you will always find some people supporting it for the sake of arguing with someone or for other reasons like affiliate marketing. So, yea, if you look around the web a bit, you will find review sites praising Option Robot for its accuracy, ability to make money and all that jazz. Take it with a pinch of salt, please. In the meantime let’s see what users have to say about it in our comments:

Here’s Nothando who just wanted to register and was planning to decide later whether or not to deposit money. But the well-known broker aggressive marketing kicked in and he was pestered with phone calls asking him to deposit. Typical broker behavior.

Chandra wasn’t so lucky and she actually deposited with the “stupid robot”, which resulted in her losing money. She also mentions getting annoying calls everyday, so I see a Modus Operandi emerging: Option Robot hooks clients and then their broker is pressuring for more and more money.

Last but not least, a “fine print” warning from one of our readers:

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The brokers’ minimum investment is 250 but you can only withdraw the profits if it’s over 1000. Well, that’s interesting. I am not sure where he read that (I know he says it’s on the bot but I couldn’t find it) but it’s definitely something worth checking if you still want to use Option Robot after reading this review.

The Obvious Conclusion: Stay Away!

Please don’t believe for a second that someone will give you for free software that will make you money on autopilot. Yeah, feels like I am repeating myself, and I am. I’ve said this many times but I will keep saying it as long as people still fall for autotraders like Option Robot and many others similar. Almost forgot: they offer a free Demo to test the robot out. You will probably make a lot of money on Demo and then think “Oh, that guy on ThatSucks doesn’t know what he’s talking about. Option Robot works!”. No guys, it doesn’t work and the Demo is probably rigged to make you think it works and then invest real money. Nothing is what it seems and if it sounds too good to be true, guess what… it isn’t.

Binary Option-robot Reviews

16 • Average

Write a review

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Reviews 16

My review can enlighten you…

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There are still great traders!

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OptionRobot Review 2020 – Is OptionRobot.com Scam or Legit?

Name OptionRobot Review 2020 – Is OptionRobot.com Scam or Legit?
Founded 2020
Legal Entity Binary Options Robot
Turnover Depends
Minimum deposit $200
Bonus 100%
Regulation No
Site visit site
E-mail send mail
Visit Broker

OptionRobot is a completely web-based software for automatically gaining profits from the lucrative binary options markets. Currently, the robot is compatible with over 15 brokers, and enables traders to execute orders with increased accuracy and without any emotions, all without charging them any fees.

Features Review

  • Reliable and transparent dealings
  • Supports different regulated brokers
  • User-friendly and innovative automatic trading software
  • A variety of quality indicators
  • Extensive range of expiration times
  • Wide range of financial assets, including currencies, stocks, indices, and commodities
  • Payouts of above 85%
  • Minimum deposit is $250
  • Support offered via live chat and email
  • Several languages supported, including English, French, and Arabic
  • Demo trading available
  • High-yielding trading systems available
  • Launched in 2020

Supported Brokers

To start using the innovative OptionRobot software, you’ll need to open an account with any of the supported brokers listed on its website. OptionRobot provides a simple and straightforward signup form you can use for registering a new trading account with a supported broker.

Currently, OptionRobot is compatible with 15 reliable brokers, including 24Option, StockPair, BinaryTilt, EmpireOption, and Tropical Trade. Therefore, you can always have a peace mind knowing that your money is safe.

Thereafter, you deposit cash in your trading account and activate the auto-trading feature. The minimum deposit recommended is $250. A common complaint in the binary options industry is about scam brokers coordinating with fraudulent trading robots to milk traders of their hard-earned money.

However, OptionRobot affiliates only with popular CySEC-approved brokers, which reinforces its credibility and commitment to quality service delivery.

OptionRobot Trading Software

The robot utilizes advanced computer algorithms to identify trading opportunities and automatically execute them to your trading account—without any extra charges on you.

Unlike other automatic trading systems that do not give traders control, OptionRobot puts everything in the hands of the trader—you can customize the robot’s settings according to your preferences. This way, the robot will automatically follow your orders, allowing you to be “in-charge”.

Here are some key features of the software.

  • Easy to use and customize to your needs
  • Provides access to a wide range of assets, consisting of commodities, currencies, indices, and stocks
  • Extensive range of expiry times
  • Minimum trade amount of $5 and maximum of $500
  • Ability to set simultaneous trades
  • Demo account loaded with $1,000 virtual funds is available

Indicators

OptionRobot has six indicators you can use for identifying trading opportunities. You’ll have the freedom to select indicators you want for trading, depending on their unique strengths.

You can choose one, two, or all of the market indicators for generating trading signals. If you choose multiple indicators, the robot will only execute trades if the signals generated are correlating. For instance, before placing a Call order, all the indicators should produce Call signals. As such, this leaves little room for errors and increases the chances of profitable trades.

Here are the indicators available.

Trading Systems

During our OptionRobot review, we noticed that everything about the software is systematic, especially concerning the trading process.

Depending on your trading style, you can choose to use any of the following three types of trading systems.

  • Classic System: It’s suited for traders looking for safe and secure trading opportunities. If you are just starting out trading binary options, this system could suit you best.
  • Martingale System: It’s suited for traders looking for quick profits. You can choose it if you’ve mastered the binary options market.
  • Fibonacci System: It’s suited for traders looking for accurate, bigger payouts. If you are an intermediate trader, you can choose to use this system.

Support Team

Customer service at OptionRobot is excellent. A team of experienced professionals provides customer support via email and live chat in various languages, including English, French, Spanish, and Japanese.

If you have any issue, you’ll receive prompt and personalized assistance within the shortest time possible.

Summary

The binary options industry is cluttered with different sorts of automatic trading systems promising get-rich-quick results without a systematic and thorough approach to trading.

OptionRobot does not conform to such norms. It is a trustworthy and legitimate robot trading software capable of delivering realistic results while focusing on the traders’ needs and abilities. So, if you are looking for a reliable system for auto-trading, going for OptionRobot will not leave you disappointed.

Range of Services

Your Rating

The crypto Currency Authorities should monitor every Brokers and Account Managers activities, I lost over $230,000 to unregulated Brokers who convinced me into investing my capital. After some successful trade and my profit increased I make a withdrawal request but surprisingly all my withdrawal request was declined , I contacted their customer service unit but i was not given a meaningful Reason why my request was declined. I tried all I could to withdraw my fund but no solution , at the end I lost all my capital without a single profit return .In search for help on how to get my money back I was directed to contact Mr Bernard macus who work with crypto Currency authorities, I contacted him and explained my situation to him , he requested for some details about the broker and concerning my investment, I forwarded all the details to him. It was all like a dream , through him I was able to get back all my money , please don’t sit back and cry when you facing difficulties in withdrawing your profit or you totally lost your funds to any Broker or Account Manager , kindly contact Mr Bernard with his email below I assure you a successful recovery of your funds [email protected] WhatsApp :+1(780)900-3704

I have being a victim of these fake brokers. I invested about $390K MAGNUM option and all could do in my first withdrawal was $59k. Then my money started going down the drain till i was left with only the bonus they said i couldn’t withdraw until i fund my account again. The trend continued and i lost everything.Not one dollar was left. I almost died knowing i was scammed. I was very determined to get my money back so i had to hire Regalrefunder at gmail dot com who recovered 80% of my money including my bonuses to me. The moral of this story is for everyone to be very vigilant about the kind of broker you invest with and if you have lost some money don’t give up the quest to get your money back

I made deposit of $10,000 into this broker on 1st December, then I got a call from the account manager telling me about my account and the bonuses I could get if I put in more money. He was really good at convincing (maybe he brainwashed me ) I later put $86,000 in total. Then I sent all of my verification documents such as proof of address, ID and Bank card detail (I sent without CCV) and Declaration form . Also I received lots of emails from them about verification and activation and etc. During first 3 days which my account was funded and was ready to start; they called me many times to re-invest and increase my amount and I refused cos they got too pushy about it. I figured something was seeing wrong when I requested for a withdrawal and was told I had to reach a deposit target before I can make withdrawals. So I couldn’t trust them as they changed their word and I asked adviser I want to close my account as my account is verified and it’s ready. I already told him I can’t put more money and now I change my mind and I want to withdraw my money and close my account. I send lots of email, chat, request, text, call and etc and asked them to call me and explain but nobody answer and reply to me even through email (Used to be emailed straightaway) Now I want to withdraw all of my money but I can’t go through my account. THEY NEVER CAME BACK TO ME. TEL, ADDRESS AND COMPANY AND ALL ARE SCAM. Until I was introduced to a recovery company that helped me out FASTFUNDSRECOVERY AT PROTONMAIL SITE: FASTFUNDSRECOVERY.WORDPRESS.COM

Being a Binary options scam victim is depressing, you have been promised a fortune by binary companies or brokers but at some point, they do not seem to answer to your emails and phone calls, i have been at that point too, i trusted enough to invest a chunk of my life savings, i never thought i would be getting back my money till i came in contact with a Recovery Team that helped me get a significant sum of my investment and at the moment, i have taken the company to a civil court, do not waste your time with scammers claiming to be a recovery company, hopefully you wont fall for similar tricks in the future, reach him on; boltonrefunders at gmail dot com,you can also reach them via call or whatsapp +14253121045

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I lost over 10k in an investment trading company last year; i was down because the company refused to let me make withdrawals and kept asking for more money. My friend in the military introduced me to a recovery agent with the email address “boltonrefunders at gmail dot com” and he’s being really helpful, he made a successful recovery of 95% of my investment in 2 weeks, and I am really grateful to him. If you are a victim of binary scam and needs to get your money back, please don’t hesitate to contact him on email: “boltonrefunders at gmail dot com” . If you have been scammed he can restore your hope of getting your money back, you can also reach them via call or whatsapp +14253121045

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Options Broker 2020!
    Great Choice For Beginners!
    Free Trading Education!
    Free Demo Account 1000$!
    Get Your Sign-Up Bonus Now!

  • BINOMO
    BINOMO

    Only For Experienced Traders!

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