Binary options firms frequently provide trading software for binary options that promises to make trading binary options simple and profitable. Binary options bot software, however, is also one of the most popular methods shady options brokers defraud their customers.
It’s critical to understand how to spot a binary robot scam and what to do if you do become a victim of one if you’re interested in starting a career in binary options trading.
A Binary Options Robot: What Is It?
A sort of software called a “binary option trading robot” is said to employ pre-programmed algorithms to research the binary options markets and provide you trading recommendations. Broker platforms assert that their bots will provide you advice.