Does OptionStars Provide Auto Trading

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a Complete Guide for Binary Options Trading

In the ever expanding binary options broking industry, another product that has been gaining popularity is binary options robots, also known as auto traders. These robots are simply proprietary software that generates trading signals for the user and most even have the option of automatically placing the trades for them. Just like binary options brokers themselves, however, many of these binary options robots are scams themselves, or they simply do not work. Often, such scam robots will promise exaggerated returns to its users, such as up to a couple of thousand dollars a day, which is not a realistic amount (a much more realistic amount would be in the range of up to a few thousand dollars a month, and it may take several months of use to reach that level).

Further, just like binary options brokers, the creators of these robots also make extensive use of the affiliate marketing model to market them, meaning that the Internet is full of dishonest and biased reviews of these binary options robots.

Lastly, many binary options brokers clearly state in their ‘Terms and Conditions’ that using a robot or any automated trading software to conduct trading on a client’s behalf is against their rules and is grounds for termination of the account and any profits made. This is not surprising as we have also mentioned before that binary options brokers are not really brokers; they are on the other side of your trade meaning that your gain is their loss and your loss is their gain. That said, many brokers do allow automated trading software on their platform and that is because no matter what the robot creators promise you, there is no such thing as guaranteed success.

Binary Options Robot and OptionStars Auto Trading

So the question is does OptionStars allow auto trading? The good news is that yes, they do indeed allow auto trading and one of the most trusted auto trading software in the market today, Binary Options Robot, is also compatible with OptionStars’ trading platform. Note that traders wishing to use Binary Options Robot in conjunction with OptionStars will have to register with the robot first before opening a new account with OptionStars.

Auto Trading Features

Currently, Binary Options Robot is free of charge and is 100% web-based, meaning that users do not have to download any software in order to make use of this robot. It is also fully mobile compatible. Its trading algorithm uses its extensive historical trading data to attempt to predict market movements. Unfortunately, the software does not work with demo accounts; meaning that the only way to put the robot to the test is by investing real money.

Lastly, Binary Options Robot also has a VIP feature which allows for traders to set their preferred risk levels, different trading strategies, and different expiry times. Despite calling it a ‘VIP account’ however, the VIP feature is available to all traders upon making their first deposit with a broker (one month free for each broker), or by referring a friend (two months free for each referral). Based on the incentive structure, it is clear that the VIP account is used as a way to get traders to market the software themselves or to sign up with as many brokers as possible.

7 Binary Options

OptionStars is one of the brokers that does its best in trying to maintain a great reputation and providing high-quality services for its traders. We should mention that OptionStars is licensed by CySEC, one of EU most prominent regulatory bodies. This characterizes it as a serious binary options broker that fulfilled all the requirements and is doing its best to serve traders.

This review is written for all traders out there to get a closer insight into the activities of the broker, who grows in popularity. Can this broker be trusted? Find out more about it here.

Basic information:

Online since: 2020
Jurisdiction: Cyprus
Software: Tradologic
Max Returns: 85%
Bonus: 100%
Minimum Deposit: $250
Minimum Investment: $10
Maximum Investment: $1000
Currencies: EUR / USD / CAD / AUD / GBP
Mobile: Yes
Countries: All nations excl. USA

– Licensed by CySec
– User-friendly
– Wide variety of trading accounts

-Traders from the USA cannot use this web broker

7 Binary Options Rating:

The Variety of Account Types with OptionStars

Binary options trading has shaped into a serious business and is meanwhile obtaining acknowledgments as deserved. Brokers extend their business to include binary options services, traders quickly became great options fans, and regulatory bodies had to provide rules and regulations for this type of trading as well.

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  • Binomo
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OptionStars wants to provide the best possible service to its clients and by offering different account types, the broker tries to match the experience levels of different trader target groups.

OptionStars offers three account types with the following features:

Bronze Account

  • The minimum deposit starts with $1,000 and goes up to $4999
  • Market review on a weekly basis
  • Video training lessons for beginners

Silver Account

  • The minimum deposit starts with $5,000 up to $9999
  • Market reviews on a daily basis
  • Trading strategies (3)
  • Binary options senior account manager
  • Video training lessons for beginners
  • Advanced video training lessons

Gold Account

  • $10,000 minimum deposit
  • Market reviews on a daily basis
  • Market reviews on a weekly basis
  • A total of 5 trading strategies
  • Binary options senior account manager
  • Video beginner and advanced training lessons
  • One on one live trading sessions
  • Withdrawals within the same day

Looking at the minimum deposits for any of the account types traders realize that this broker is more oriented towards experienced traders.

Even if the broker offers a demo account, it cannot be accessed without the initial deposit. If a trader should register with the demo, despite the high sum, they have to send a request to the account manager for approval. Once you are approved, you get $5000 of virtual money to start practicing your trading skills.

Bonuses have been part of the binary options market since forever, and they attract many traders. OptionStars provides two types of bonuses to cheer up their clients. There is the Pending Cahs Bonus and Proportional Bonus.

When traders reach the pre-set volume, they qualify for the Pending Cash bonus. They get a call from the broker who informs them in advance on how the funds can be utilized. Several requirements need to be met before the trader is eligible for withdrawal.

The proportional bonus refers to a particular bonus, and as its name suggests, the bonus amount can vary. In every trade that follows, the deposit money and the bonus money the trader uses for trading is reciprocal to the deposit and bonus amount.

In order to qualify for withdrawal of the bonus certain criteria must be met, like a 20x trading turnover. Other criteria are listed in the Bonus Terms and Conditions which explain the whole process in detail. We kindly suggest reading the bonus policy of OptionStars in order to know what steps have to be taken to qualify for withdrawal, as well as to apply for a bonus.

Auto trading is also one of the sophisticated features offered by OptionStars.

OptionsStars Trading Platform

Tradologic is the binary options platform which is included in the service package of this broker. Tadologic is a very well-known platform in the binary options world and comes with all necessary features and options. The platform is highly safe and enables traders to enjoy a safe and protected trading environment while they trade in stocks, currencies, commodities, indices, and much more.

The platform offers different expiry time ranges so traders are free to place short and long-term trades.

The Tadologic platform is user-friendly and easy to navigate. The clear interface makes it easy for traders to find all relevant information. The different sections are lined up at the top of the OptionStars website.

As a high-quality broker, OptionStars uses SSL encryption of course to provide the highest level of security of its customers and their funds. Instruction on how to keep your account safe from hackers is also provided.

The trading platform is accompanied by a mobile version for all those who cannot stay away from trading even when on the go.

Screenshot

The OptionStars Customer Support Service

For purposes of the review, our team performed a customer support test by contacting the support staff. The customer support provided all necessary and relevant information we asked for. moreover, the employee was very polite.

The customer support can be reached via email, live chat and an online form which is displayed on their website.Live chat is the most convenient form for the majority of traders. It proved to be the most efficient.

The OptionStars website is available in seven languages. Those are English, Spanish, French, Russian, German, Italian, and Arabic.

If the traders want to enhance their knowledge, this broker provides many learning resources which are available in the Academy section. Some of the topics available are news and market analysis, technical analysis, strategies, etc.

The Academy section consists of two parts. The first part is the Binary e-book. The first is Binary V.O.D. , Economics Advanced Course, which is further divided into beginner videos and videos for experienced or advanced traders. There, traders can find different information which can come in handy in their trades.

Banking Options and General Company Info

OptionStars is based in Cyprus and operates under the Novox Capital Ltd company. As we said, the broker is registered with CySEC under no 224/14. All brokers registered with CySEC can be found on the CySEC website. Also, CySEC keeps reports on the business conduct of the brokers.

We came to find out that only two payment methods are accepted by the broker. Credit cards and wire transfers are the two possibilities to deposit and withdraw money. But, the broker did announce an introduction of other payment methods as well.

After careful research, we found out that the minimum amount for withdrawal is $30, even if the FAQ section claims that there is no limit on withdrawal. Every trader has the right to withdraw funds for free once a month, while each following withdrawal in the same month is charged with a $30 fee.

The traders have to verify their account when they want to withdraw their money by sending relevant documents. The withdrawal process takes 5 days on average. If the trader fails to submit the requested documents within 7 days, the withdrawal request will be canceled.

Additional information

Customer Service: Live chat, e-mail, website form
Languages: English, Spanish, French, Russian, German, Italian, and Arabic
Trading Options: High / Low, One Touch, 60seconds, Long Term, Pair Options, Ladder Options
Early close: Yes
Expiry Times: Short and Long-term
Deposits and Withdrawals: Visa, MasterCard, Direct bank transfer, e-wallets
Withdrawal Time: 5 days
Demo account: Yes

Does OptionStars Support Auto Trading? 2020

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Auto trading is taking the binary industry by a swept, and many traders have one very important question: does OptionStars support automated binary options trading. The answer is – yes, it does! No only it allows auto trading, but the trades can be executed via Binary Options Robot, the most reputable and safest auto trading software on the market.

Auto trading is a new and popular way of trading that is based on generating signals and placing trades according to traders’ wishes. Traders no longer have to focus on education prior to binary options trading, but thanks to auto trading software, can spend their times on more important things. Automated software or robot will place the trades for them!

Binary Options Robot and OptionStars Auto Trading

Binary Options is the best auto trading software on the market, and OptionStars is good and reliable broker which makes them a perfect combination. Binary Options Robot is free of charge, and all OptionStars users can execute their trades via this amazing and innovative software.

Keep in mind that new account has to be open in ord3er for a trader to use Binary Options Robot with OptionStars. First, register on Binary Options Robot and follow simple instructions. Minimum deposit for this type of trading is $250 which is very convenient, as even beginners can afford to use this Robot.

Auto Trading Features

When trading with Binary Options Robot, traders don’t have to pay any fees, because it is 100% automated software. Traders also get the opportunity to trade with free VIP account thanks to the amazing service available on this Robot. Auto trading with OptionStars has never been so easy.

Traders can easily personalize their trading profiles, which will help them to manage their money easily, as Binary Options Robot will place trades according to their wishes. With VIP account the possibilities for customization go even further. Find out more about this in Binary Options Robot Review.

OptionStars auto trading is safe and reliable, and traders only have to log in and check out what is going on. It doesn’t work when the trader is offline, so nothing unexpected can happen. All funds are safe and secure, as this auto trading software is using advanced security protocols that keep funds in place. With auto trading, binary options have never been so easy.

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Best Binary Options Brokers 2020:
  • Binarium
    Binarium

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    Free Demo Account!
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  • Binomo
    Binomo

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