Review: Is IQROBOT A Legit Binary Options Robot?
IQROBOT Review: this is the name of a Binary Options Robot that is provided by Binary Options broker, IQ Options. Is a scam or a legit robot?
It is claimed on the page that with this robot Binary traders get automated Binary Options Trading. With the many features, they are promised improved trades and profit. It is totally in character for Binary Options trading robot providers to start out with claims of making clients richer. This is because everyone seeking out easier ways to trade effectively does so to make more profit.
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However, traders need to be careful about believing everything they encounter in the business sphere. Some are geared to just deceive and steal their funds. Considering what is offered and proofs are effective means of discovering fraud as well as reading our reviews and comparing the offers to those of other legit vendors at the bottom of this article.
IQROBOT is said to come with the following advantages that set it apart from others:
Full Automation Customizable Strategy Easy to Use.
It is important to note that the robot was once in existence as far back as 2016 but according to the vendors, it had to be canceled in January 2017. A statement credited to a representative of the vendor stated that:
“after careful consideration, the team concluded that the service was not performing up to (their) high standards of quality”.
Now that we find it again in 2019, we believe that the issues have been fixed and the robot is now working better. To understand at least to some level how the IQROBOT works, we will consider some of its features:
Automatic Trading.
It is said that the product allows traders apply their own trading strategy by setting up the robot and it will conduct trades automatically. There are thousands of arrow signal indicators and the robot connector allows traders connect virtually any MT4 technical indicator to the IQ Option broker and get signals placed on their account automatically.
Copytrading Service.
This feature allows traders subscribe to many providers or even become a provider. Signals will be broadcasted from providers to all clients that are connected. It is suitable for team trading.
Money Management.
Traders get to select if the will use money management or not, which type, and so on. It comes with Martingale, Snowball, Fibonacci and lots more.
Risk Management.
Every day, traders can setup the profit-target or stop-loss for their account. The robot does not stop trading until it reaches these preset parameters. Therefore, when losses reach the set amount or earnings are achieved, it would stop trading.
IQROBOT Pricing Structure.
Free – allows only practice trading (without copytrade feature) Basic – $30 per month and comes with copytrade feature. Lifetime – $50 and get lifetime access to all features. Payments can be made via bank transfer (Vietnam Only), PayPal or cryptocurrency.
Client Feedback.
We could not find clients reviews of IQROBOT on third-party websites. This could be because of its new re-emergence. However, it is important as it lets traders know what others are saying about it after using it.
To contact the vendors or a customer care representative, send an email to: [email protected].
We do not have much to hold for now concerning IQROBOT and it seems to resent information in a professional manner. The price is competitive when we consider the lifetime option. Traders can test the free package to see how well the robot works.
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