On the Automated Binary web site you can read that this robot is a sophisticated tool that allows you to trade binary options and make huge profits.
You can choose different settings and let the robot trade for you. It even has a demo account.
We have seen this software used by a lot of binary options scams, like Gold Binary Robot or iRobot, look at the picture. This software has basically no edge in the markets, it just uses some indicators to create signals that are not profitable in the long term.
What is worse, this software also includes a demo account that fake results! We have proved this in the OptionRobot review.
So if you try the Automated Binary demo and you have good results, first check your trades against a real price feed from a real broker.
All in all we consider Automated Binary a worthless tool, because you can just throw some indicators on your screen and trade random signals, it would be the same, you don’t need a third party robot for this.
All these robots don’t give you a free choice of brokers, you always have to choose from one they offer. Because they get paid for referring new depositors to their brokers, so you should know that if you deposit money through Automated Binary, they will earn an affiliate commission. It is the main purpose of the robot.
Let’s close this Automated Binary review by saying that it is a binary options robot based on a scam software, so we recommend staying away from it.
To start making real money with binary options, you have to trade on a genuine demo account with a reputable broker. This way you can really build a profitable strategy before going live.