Option Bot 2.0 Review Is Gary Davies LEGIT?
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Binary options can be extremely scary – especially for beginners. For starters, there are lots of scams out there designed for newbies who don’t understand binary options. Secondly, successfully trading in binary options required sophisticated analysis. Mastering such analysis takes time and experience.
As a result, around 98% of binary options newbies lose money. Yup, that is the reality of it!
A good number lose their money to fake “gurus” or products which promise instant returns. Those who survive the scams lose money because they don’t understand how to analyze market trends.
This is a travesty, because there many tools out there which can help beginners to successfully navigate the binary options industry. They provide newbies with the technical analysis required to successfully trade binary options. As such, they enable newbies to begin making money – even as they sharpen their trading skills. One of the best tools is a software called Option Bot 2.0 .
What is Option Bot 2.0 All About?
A predictive software which is designed to facilitate binary options trading in currency pairs. It was created to carry out the technical analysis which is essential when trading in forex. It uses sophisticated algorithms to predict the trends which the currency pairs will take. As such, it enables users to place their orders with some degree of certainty.
Currently in version 2.0, the binary options bot first entered the market in 2012. Back then, it caused a sensation due to its extremely high success rates. On average, those who use the software claimed that it offered a success rate of over 70%. As such, it was widely acclaimed among forex traders.
It is built on the success of its predecessor. It is compatible on a number of platforms including Windows, iOS and Linux. Users can access it on across multiple devices including PCs, tablets and smartphones. It offers direct integration with forex brokers which means that users can place their purchase orders instantaneously.
How Does Gary Davies Option Bot 2 Work?
Option Bot 2.0 is a software which you download and install on your device. The software has an intuitive interface which makes it easy-to-use. It also has a number of tools which make binary options trading in forex. One of its key features is an inbuilt browser through which all your operations are carried out.
The first thing you have to do is add your forex broker account. Allowing you to add up to 12 brokers. However, for easy trading, it is advisable to add 3 to 5 brokers for the start. If you don’t have a broker, you can sign up right from within the software.
Once your brokers are linked to the software, you then select a currency pair e. g. US/JPY. You can then choose how you want to be alerted when a trading opportunity arises. You can also choose how often the trading charts for the currency pair are updated. You can now sit back, relax and let the Bot take over.
Gary Davies built a software that has an inbuilt robot which uses a predictive algorithm to track the progress of a currency pair. It uses the pair’s previous trends, together with real-time changes to predict future trends. This is the same technique which sophisticated forex traders use.
As soon as the automated bot sniffs a potential winning trend, it sends you an alert. You can then place an order with your Broker. As is the case with binary options, you set your expiry time, and then wait. Alternatively, you can set the bot to place an order automatically on your behalf.
Option Bot has extremely high success rates with online options trading. The documented success rates range from 75% to 95%. This is far higher than the industry average. The best part is that you can place the same order with different brokers. This multiplies your earnings. Some users of the software report earning up to $500 within a matter of minutes.
-The software is compatible across all devices including tablets and smartphones. This means that you can trade on the go.
-You can add up to 12 brokers. This enables you to place the same order with multiple brokers and hence multiply your earnings.
-It offers free trainings including on-on-ones. The training not only covers how to use the software, but also how to successfully trade in forex using binary options. This makes it handy for beginners.
-It offers excellent customer support. You access customer support via chat, or phone. As such, in case you get stuck, you can always get help.
-The software comes at a one-time fee of $97. There are no further charges. All future updates are provided free of charge. This is a great deal.
-The software comes with a 7-day free trial. After that, you get a 60-day money-back guarantee. This gives you enough time to check it out, and see if it works for you.
The only downside with it is that it doesn’t support every forex broker. This can be a pain if you already have your trusted broker who isn’t supported. However, given that the software enables you to add up to 12 brokers, you can always sign up with another broker. The good news is that you can sign up from within the software without a hustle.
The Verdict in Our Option Bot 2.0 Review
Option Bot 2.0 is the perfect choice for anyone who desires to use binary options for forex trading. It is simple to use, offers high returns, has excellent training opportunities and offers money-back guarantees. Its only downside is that not all forex brokers are supported. However, most of the popular brokers on the market are supported. I hope you got what you needed for this option bot review . Ultimately, it is the perfect software for anyone who is just getting started with binary options.