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Looking for a reliable binary trading robot with a reliable broker

Adi34

Recruit
Messages
3
Hello

I am new to forex but still need time to learn, I am seeking in the meanwhile an advice for a reliable binary trading robot and a reliable broker that can work with this robot. When I say a reliable broker I mean a broker that does not withhold your money and is accessible.

Any honest suggestions?

This is my first investment and I do not want to end it in tears eventually...

Your honest opinions are very welcome.
 
what is your risk tolerance? do you understand the technology behind algorithms?
Yes I do, I am just giving away 250USD and cannot afford to lose more in the time being. ut will dedicate more time for learning in the meantime. But I wonder if there is any reliable robot that can do automate trading and is connected to a reliable broker that does not steal the people's money
 
In my experience, no there's not. All online binary sites are scams. Especially these robots. If you want to invest, do your research and trade yourself, or just invest with your bank and they will do it for you.

The only reliable platform I've heard of for trading is Robinhood and it may not be available in your country.
 
Hello

I am new to forex but still need time to learn, I am seeking in the meanwhile an advice for a reliable binary trading robot and a reliable broker that can work with this robot. When I say a reliable broker I mean a broker that does not withhold your money and is accessible.

Any honest suggestions?

This is my first investment and I do not want to end it in tears eventually...

Your honest opinions are very welcome.
Hi Adi34 welcome to FPA-It is always great to go outside your comfort level and try to expand your portfolio. My wisdom tells me this. Hey I'm not a dinosaur yet-hmm some v my friends would question this! My thinking was the same as yours in the beginning. Hey-that the robots must be cleverer than me. The truth is they are just tools to suck you in. You will find that a 3rd party, generally cold calls you(so called professionals) and convinces you to invest in a broker that can outsmart the robot. Thats where the fun starts and this forum has hundreds of members that can tell you, it ends up badly. STAY AWAY FROM THEM.
The only good reliable trading robot, in my eyes, is the one thats continuing to rust at the scrapyard. To profit in trading, if you don't put the time and effort, and actually understand what you are doing, is fraught with failure.
Why you might ask? the answer is simple-there's always someone out there that understands the trading better than you do, and will ultimately take your money. You can be lucky for a while, so good luck if you want to try!
This site is invaluable-because ultimately, if you put in the work, the big guns will train you and guide you to success!!$$-so good luck-:):):):)
 
Hi Adi34 welcome to FPA-It is always great to go outside your comfort level and try to expand your portfolio. My wisdom tells me this. Hey I'm not a dinosaur yet-hmm some v my friends would question this! My thinking was the same as yours in the beginning. Hey-that the robots must be cleverer than me. The truth is they are just tools to suck you in. You will find that a 3rd party, generally cold calls you(so called professionals) and convinces you to invest in a broker that can outsmart the robot. Thats where the fun starts and this forum has hundreds of members that can tell you, it ends up badly. STAY AWAY FROM THEM.
The only good reliable trading robot, in my eyes, is the one thats continuing to rust at the scrapyard. To profit in trading, if you don't put the time and effort, and actually understand what you are doing, is fraught with failure.
Why you might ask? the answer is simple-there's always someone out there that understands the trading better than you do, and will ultimately take your money. You can be lucky for a while, so good luck if you want to try!
This site is invaluable-because ultimately, if you put in the work, the big guns will train you and guide you to success!!$$-so good luck-:):):):)

Thank you for this detailed advice.. I tend to agree with you, I do not believe in magics, but the hardwork that you put that should pay off
 
Thank you for this detailed advice.. I tend to agree with you, I do not believe in magics, but the hardwork that you put that should pay off

Hi Adi34-Just a little more info for you-The Education link above is really good-If you like they send you mail every day- re: the schooling(economic jargon you need to become familiar with) Half the battle with any new money making venture is to understand the terminology and then plan your strategy. It's one thing to lose a bit of money as you go along and then learn from your mistake. You actually grow as a person (you become empowered) -
But to get scammed-ripped off is another thing altogether-believe me I've been there and am still working my way thru it-that's why I spend time helping other people.
The losses worldwide are staggering involving at least 10 to 20 billion a year------------(DID YOU GET THAT?)
Information coming to light now, as a lot of crook firms are being investigated and prosecuted,show that a lot of the trading platforms used and supplied by a firm called-SPOTOPTIONS are being doctored by 3rd parties. What i
mean by that is-even if a client predicts the correct direction a derivative(stock) moving up or down, they can and do delay the timing until it goes against you. So a robot can win for a while but the company that supplies you is not making any money so they manipulate the trades to end up winning. Do you get my drift?
As you go thru the training they will introduce you to brokers and systems that are used by FPA users and keep u safe-So once again-Good Luck-Tolly
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Simple thing to think about. ALL binary brokers are bucket shops. Your wins are their losses, just like casinos.

There were legitimate systems where a bright person could come out ahead in blackjack using nothing but their own brains. Casinos countered by increasing the number of decks of cards in play at any one time.

Any profitable robot or signals service would result in it being made against the rules or having other changes made to make it not profitable, at least by the small percent of binary brokers that pay withdrawals.
 
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