Creating an Automated Trading System ¦ South Africa

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Creating an Automated Trading System in Binary Industry

That automated binary trading is sweeping not just South African but global market is not new, yet many interested South Africans still struggle on how to start trading binaries in this manner.

This is where useful guides such as this one come in handy.

All it takes for South African traders to get a solid start in trading binaries with an automated trading system is to be aware of few crucial segments.

For that reason, we have decided to take traders through the most important elements which will help South Africans in creating an automated trading system in binary industry.

What is Binary Automated Solution?

Binary options trading is quite popular in South Africa and it is natural traders keep looking for more ways to benefit from it.

The advanced technology and forward way of thinking has resulted in binary automated solution which many traders now embrace as a great way of trading binaries.

Automated binary trading rest on the shoulders of technology which has made possible to create powerful, sophisticated and fast trading algorithms.

What they do is scan and analyse the market, and based on the findings generate trading signals.

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Even for those South African traders who have no experience, it is easy to recognise the benefits of using such automated trading system in binary industry.

In using trading software, traders skip several steps which are otherwise obligatory in binary trading.

For manual binary trading, it is necessary to invest time in education, continuous monitoring of the financial market.

It is also important to understand the nature of underlying assets and using various tools and features to possibly boost the chances to make a profit.

What trading software or binary robots (as they are often called) provide South African traders is a unique opportunity to save time and, simultaneously, increase their chances for great profits.

Yet, simply because we are discussing binary auto trading, traders should not be alarmed and think they will have no control in how the trading process is going. In fact, they get to adjust the system according to their wishes.

Not every automated system is the same, just like all binary brokers are not the same. The risk of losing funds is always present.

However, to find the trading solution that traders will be happy with is down to research and studying useful guide articles such as this one.

How to Create Automated Trading System – Binary Options Robot?

Perhaps the best way to illustrate South African traders how to approach creating an automated trading signal is by pointing out what to look for.

With so many on offer both in South Africa and globally, it can be hard to pick one.

Successful automated trading rests on a great software. And, if a trading solution is run by a great software South African traders will be able to find plenty of information about on their website.

An automated trading system such as Binary Options Robot has detailed info on their site alongside guide section, FAQ and contact information. This points out that they want their registered traders in South Africa to have as many information as possible.

Their algorithm does not only scan the current market situation, but also includes risk management, indicators and candlestick formation as well as entry points.

Opting to use a trading solution which is transparent and open is the direction in which traders want to go when creating an automated trading system in binary industry.

The next important step is to inspect the number of available underlying assets. If the system offers just a few, or even one, it might not be as effective.

With Binary Options Robot, South Africans have a fantastic selection which numbers more than 50 underlying assets divided into currencies, stocks and commodities.

Keeping a large number of underlying assets activated, the software is able to generate more trading signals which may result in profitable trades.

Trading System with Advanced Features – South Africa

There is another crucial thing South Africans have to count in when creating an automated trading system is the issue of features.

The beginners might think that it would be easier to start trading with fewer features. The reality is quite the opposite – the more features available with a certain software the higher chances are to secure profits.

Binary Options Robot is a champion in that respect as they offer two great trade options – Max Daily Trades and Daily Stop Loss.

Those are fantastic as traders can adjust them as they see fit and in doing so control the number of trades per day and the daily amount they wish to invest.

However, with Binary Options Robot traders get to experience the full quality of software-supported trading. This trading system with advanced features contained in their VIP account can set South African traders on a profitable path.

Binary Options Robot VIP account has features like Risk Level, Trading Strategies and Expiry Times.

In adjusting the risk level, selecting the expiry time and using various trading strategies (5 in total available) South Africans are creating an automated trading system which is unique and personalised.

The Level of Control with an Auto Trading Software

As we already pointed out, control is an important segment in the binary trading process. When South Africans decide on using auto trading software they should always pick one which demands they be online to activate it.

Additionally, if there is an extra step such as the Auto Approval feature with Binary Options Robot that is even better.

Binary Options Robot was the first binary trading solution which included this fantastic feature. It functions as a pop-up window. When South Africans get a suggested trading signals with info which suggests a certain trade, traders also have to give a final yes or no.

Meaning, they are the ones who accept the suggested trade or decline it. In a way, this is also a learning curve which can come in handy later on when making similar decisions.

Creating an automated trading system in binary industry is a process, but it can be achieved with the right binary trading software and ultimately lead to fantastic profits for South African traders.

Automated Trading

Automated trading platforms

Automated trading platforms enable traders to mirror or copy the trades of others. A trader can copy signals or mirror complete strategies, thus enjoying the experience and knowledge of successful traders. The different auto trading platforms provided by AvaTrade give traders the confidence to engage in trading, as well as the option to trade when there is no available time, sufficient knowledge or experience. We also support expert advisors trading bots for MT4 download & MT5.

DupliTrade

DupliTrade is a MT4 compatible platform which allows traders to automatically follow experienced traders’ signals and strategies in real time. Its user-friendly interface makes it easy to build and manage a trading portfolio while gaining valuable insights on successful trading strategies.

ZuluTrade

One of the most popular auto trading platforms used today. ZuluTrade converts the recommendations of experienced traders and automatically executes the trade in your AvaTrade account. Select which program or experts are best for you.

MQL5 – Signals Service

MQL5 is fully integrated with MT4, so you can subscribe to signals from thousands of Australian and international providers directly from your trading platform.

Most Profitable Auto Trading Robots in South Africa

Since it first came out in 2008, binary options trading keeps attracting traders from all over the world and South African traders are part of that.

Yet, with the rapid advent of technology new way of binary options trading has emerged in the form of auto trading robots which are hailed as a great solution for traders who are just starting to trade binary options.

However, there are numerous benefits when it comes to this manner of trading and we will try to point it in this article.

Auto Trading as a Time Saving Solution

Automated trading offers various benefits to those who opt to trade binary options in such way. Considering human obsession with time, it is hardly surprising that the fact this way of trading not only generates profit but saves time as well presents a very appealing package for traders.

By utilizing the so called trading robots to place trades instead of traders provides the perfect solution when it comes to leading a normal, active life and also being active on the market.

Looking at it from this aspect, most profitable auto trading robots save time in more than one way.

Firstly, the software places trades on behalf of the trader and additionally, due to advanced, sophisticated algorithm which this software uses, traders can also forgo trying to learn and grasp financial analysis which is otherwise necessary.

Therefore, opting to select one of the popular auto trading robots on South African Market, traders save considerable time which they are now free to spend doing something else.

Profitable Binary Auto Trading

As appealing as time saving is for interested South African traders, it will not amount to much if all that is not followed by generating healthy profits.

Because of that, we have decided to take a closer look at most profitable auto trading robots in South Africa. Because, time saving aspect has to be paired with higher profit-making rate then would be achieved if traders traded manually.

Comparing Binary Robots in South Africa

Several ways are open when it comes to contrasting and comparing binary options robots and determining which are the most profitable ones in South Africa.

In this article, we shall do precisely that by applying a defined set of criteria which will present traders with an accurate picture of all the automated software we shall discuss.

Auto Trading Robots Profitability Criteria

Naturally, when looking at most profitable auto trading robots in South Africa the criteria of profitability is the first one to look at. However, the story is not as clear cut as would be expected.

And the reason for that lies in the simple fact that all traders using auto trading robots have their own settings which they change and adjust according to liking and preference which makes it hard to assess the profitability.

That, in turn, points to a very simple fact – traders get varying results when it comes to profit despite using the same set of signals provided for a specific period.

Verifiable Data

Another important point is the possibility to verify data which will give traders accurate info. Since we only want to provide accurate info to our South African readers, and simply putting out statistics is just not something we are willing to do, we have made sure to properly inspect all robots we shall discus in this article.

Accordingly, we shall present the obtained results in a clear, simple and transparent way so that interested South Africans have at their disposal data which they can later use when selecting a one (or more) of the most profitable auto trading robots.

Also, it is important to keep in mind that taking a step back from the default settings changes the results and the way the trader has adjusted settings is different from one trader to the next.

As is our goal with this article, we shall present the most popular and the most profitable auto trading robots in South Africa which will also be backed up by the criteria put forward.

These are the most popular and most profitable robots which South African traders use:

  • Binary Options Robot
  • Fintech Limited
  • Qbits MegaProfit System
  • IQ Option Robot

Binary Options Robot Software

Firmly placed at the top of the list, Binary Options Robot is by far the most profitable automated trading system not just in South Africa but worldwide. By using this robot, traders actually get a software which uses signals that have been calculated via algorithms.

These algorithms are based on mathematical and financial data. This makes Binary Options Robot perfect solution for all those new traders who are only venturing into binary options trading and feel uncertain about what to do.

Since this trading solution uses data obtained via price indicators and technical patters to generate signals with great accuracy which escapes the ability of an average trader, it is a sound choice not just for newbies but experienced traders too.

Binary Options Robot is integrated only with trustworthy brokers such as Banc de Binary which have a long-standing reputation on the South African and global markets. This also means that traders have over 50 assets to trade with as well.

This solution is 100% free and web based, there is no need for any download and traders also have the opportunity to activate the VIP membership, which can be seen as an added value which, when used has the potential to further boost the potential for profit-making.

Another point in favour of this amazing blend of technology and financial data comes via prize awarded in 2020 for best binary robot with which it is possible to have 91% return rate.

Fintech Limited

These two auto trading solutions are also a good choice for South African traders.

Fintech is owned by trading professionals and uses mathematical algorithms to place traders on behalf of traders. The software is free and connected with liable brokers like StockPair and Banc de Binary.

It offers traders various features and is suitable for both new and seasoned traders. It is possible to earn as much as $900 in span of an hour with this software.

Qbits MegaProfit System

On the other hand, quantum signal technology is the basis of Qbits MegaProfit System. It provides South African traders with useful features which can bring about returns of up to 97,5%.

IQ Option Robot

IQ Option Robot or IQ Robots, is also a fine choice for South African traders interested in automated trading as this software offers the possibility for traders to put together personalized robot.

The offer a Wizard option for new traders or Constructor option for advanced once. Payouts with this robot go up to 85%.

Best Binary Options Brokers 2020:
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    BINARIUM

    Best Binary Options Broker 2020!
    Ideal for beginners!
    Free Demo Account + Free Trading Education!
    Get a Sign-up Bonus:

  • BINOMO
    BINOMO

    2nd place in the ranking!

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