UPDATE March 2014
After doing our initial pre-release product review we have just completed our extensive testing of the full Option Bot 2.0 system.
Option Bot Software
Option Bot is basically a customizable currency pair scanner. You enter time frame and pip spread amount and the system scans 15 different currency pairs and alerts you when a pair moves in one direction the amount of pips you select in the selected time frame. Option Bot 1 and Option Bot 2 are identical in basic functionality. Option Bot 2.0 is available on more platforms including mobile devices and the original version was a separate download, whereas version 2 is browser based. The software has definite value as we will explain shortly.
Option Bot Recommendation
Option Bot has 2 parts. The first part is the actual software which if used properly has much value. It is a scanner nicely geared towards trading Binary Options currency pairs. I would suggest signing up for Option Bot and taking the free 7 day trial.
If you are a more experienced trader Option Bot can be a terrific tool to use with many Binary Options trading strategies. The Retraction Strategy or Corrective Strategy will work great with these trading alerts.
In general Bots are not the best way for beginner or intermediate traders to make money. You must have real trading knowledge to fully understand how to use the alerts. The best way for beginner traders to make money is by making use of trading signals provided by expert traders. Fortunately, OptionBot has recently upgraded it’s staff of proffessional traders that are provided to help customers develop the ideal trading strategy to use in conjunction with the OptionBot software.
How to Best Use Option Bot
1. Sign Up to the Option Bot 7 Day Free Trial.
2. Option Bot will Contact you to advise the best brokers to trade with based on your trading level.
3. Make sure to deal with an expert trader at OptionBot who best instruct you as to which trading strategy to use.
4. When you get alerts study the trading chart to see if it fits qualifications for your trading strategy.
5. Place Trades in the Appropriate Direction on your broker accounts.
Make sure to take advantage of the Option Bot trading experts for help and assistance. Start trading with lower investment amounts until you become more comfortable. Only after you begin to acclimate yourself with the system should you begin to raise your investment amount. Keep in mind you have a 60 day money back guarantee so maintain your patience and discipline with the Option Bot strategies.
Option Bot 2.0 Scam
With many of the Binary Options Bots and systems available there is a definite concern that they are actually a scam. Based on our testing and observations, Option Bot is NOT a Scam. They web based software that they provide is a legitimate trading scanner. The alerts they provide are extremely beneficial to virtually any Binary Options currency trader. By integrating multiple trading platforms into the actual interface it makes it extremely easy to take advantage of most of the alerts in a timely and efficient manner.