Is Option Bot Scam?

Option Bot SCAM REVIEW

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Option Bot Preview: (to pause video, simply tap/click on it)

Summary

Created for automated binary options profits

Option Bot is a new breakthrough binary trading robot that helps users start earning an income from binary options instantly

Read 100% Free Option Bot Review by Binaryoptionsrobotreviewed Team

Details

Broker Option Bot
Website URL www.OptionBot.net
Free Demo Account Open Demo
Overall Score 9.2/10

FULL REVIEW OF Option Bot

Is Option Bot 3.0 software better than its predecessors? That’s the question that’s on most traders’ minds in the binary options industry at the moment. We are going to comment on this release after testing this robot on our own binary trading accounts.

Option Bot 3.0 is a binary options application whose launch had the entire industry on its feet. This is partially due to the fact that earlier incarnations of the popular trend trading indicator have been not only successful with regards to consistently profiting for its users, but revolutionary and key to shaping the online trading world as we know it.

The original Option Bot was launched back in 2012 when there was no such thing as third party binary options software. The trend indicator was important because it let first time traders with zero experience to start making extra money almost instantly. The idea was to teach traders how to recognise trends within the financial markets and to reduce the risk of loss, all in one application. Option Bot quickly became really well-known and soon, Option Bot 2.0 took its place.

Review Verdict: Option Bot is NOT a Scam

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Development of Option Bot Version 2 & 3

The first major step forward with version 2 was that it was entirely web based, which meant that the user didn’t have to install any software onto their PC. Option Bot 2.0 catapulted the popularity of the trend indicator and it became arguably the longest standing app in the binary options market to date.

Option Bot 2.0 gained even more inexperienced traders who were eager to learn, so Keith the owner began designing the next step in trend indicator technology. There are still people falling for these “set and forget” methods to this day, which is what makes Keith’s latest project so valuable. Option Bot 3.0 includes all of the popular features associated with the previous versions and adds a whole host of updates. Particular favourites of ours would include Instant Trading and Sniper Trades .

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Review of Option Bot 3 Sniper Trades

Sniper trades are achieved by the software looking for “resistance and support” trades. This is where an asset’s value is bouncing between two points for a short time, thus creating short-term trading opportunities until the value finally breaks free of the pattern. If you can profit more than twice during this time, you can be almost certain to come out on top overall.

If you are familiar with binary options trading, you would be forgiven for realising that often, when you make a trade with a broker, you are required to click “approve” before accepting another pop up box. This can take care of between 3 and 5 seconds, in which time the chosen asset’s value may have moved. This is something which has led us to ignore short term trading altogether in the past.

Introduction of Instant Trading Feature Of Option Bot 3

Instant Trading was introduced to allow the bot to find more profitable trades. Option Bot, as we’ve said before, has been innovative and a total game changer in all its incarnations and Option Bot 3.0 is no different.

This new trend indicator has DIRECT access to the broker’s API which totally bypasses the aforementioned delay. Ok, this means that you are limited to using the brokers carefully selected by the Option Bot 3 developers but the fact that brokers have allowed this access should tell you that they have your best interests at heart. In short, they want their members to profit!

If the features mentioned above aren’t enough to give you an indication of the potential this software has, trader Keith Wareing made a video yesterday explaining that this is his parting gift to the industry. Mr Wareing has been quite open about the fact that he is stepping down from this company and closing his office.

Keith Wareing and Option Bot 3

In his latest video, he explains that the company which now owns the rights to Option Bot is taking this software to the next level. The creators of this robot have decided to re-develop a new bot that will be a serious competitive to the strongest robots in the industry.

Review Verdict: Option Bot is NOT a Scam

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How Do You Get Started Now With Option Bot?

The Option Bot 3.0 software is NOT a fully auto trader that will execute trades on your behalf like “set and forget”, but a semi-auto trader that provides members with a list of available trades that you will then have to decide on which one to trade and which one to ignore. There are a few more features include in the Option Bot 3.0 interface, like the Economic Calendar which is supposed to help members taking the right decision before you pick up a trade. Nonetheless, the Option Bot 3.0 comes with a free demo account charged with $1000 as promised by the developers, however when we decided to start using this software, we have received a demo account charged with none less than $25k, right at the beginning, which is pretty impressive.

Other than that, the Option Bot 3.0 system is a bit different from many other automated trading services in the industry. A good example is that it has been developed with a minimum investment per trade of only $5, means that if you are a newbie trader you don’t have to break the bank and to hesitate too much before executing a trade.

This issue, is definitely a good advantage to have, especially if you are a newbie investor who still wants to check things out and to make sure before you jump into the cold water. As mentioned, the Option Bot 3.0 is NOT a fully automated software that will execute trades on your behalf, based on a programmed and complex algorithm that analyzes the market and with a capability to generate a constant ITM performance. But it is 100% opposite! This robot’s algorithm has been developed to scan the currency pairs markets (15 pairs if to be precise) and to find support and resistant levels.

Then, the Option Bot 3.0 robot will provide members with only 6 available signals of 60 seconds period, each session. Based on this methodology, members will have to choose which signal they want to trade and on which signal they want to skip.

Review Verdict: Option Bot is NOT a Scam

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Conclusion about Option Bot

bestchoice

Keith has worked closely to seamlessly merge the latest version of his show stopping application with the brokers directly and what he’s created is truly astounding. We created this website to warn readers of any scams we find, not to push them in the direction of bad software.

We don’t expect even 1% of the readers of this review to try the software but if you want to, you can find the home page using the link below. Option Bot 3 offers a demo so that new members can try it before depositing any of your hard earned cash. It’s entirely your choice and we’re not going to push readers into anything here but for once, this is an application we recommend… Great job Option Bot!

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