Like all the other common binary options robots, promises of making money and lots of it are not in short supply. The promises are incredulous and have very little chances of being achieved in normal binary options trading. Option Bot 2 promises that once you start trading, you will make a minimum of $781 in 20 minutes. Even professional and experienced traders will tell you that this is not possible. Think about making $781 every 20 minutes. It would be world news how they make millionaires in such short times. The realistic figure is a lot more modest if you make any at all.
Option Bit 2.0 claims that accuracy of their signals go as high as 90%. No trader has come forward of proof of such accuracy with this program. 90% is highly ambitious and you should take it not as factual and proven result but as an advertising gimmick to get you and other enthusiastic traders on board.
What traders have to say about Option Bot 2.0
The most common complaint was about the accuracy of the much hyped signals. It was apparent that most traders did not make any good profits when trading with this program. A good number of traders reported of trading streaks lasting over 100 trades and returning less than 50% accuracy. That is a run that is more than enough to realize that you could be losing money there. This situation calls for you to be really diligent when assessing binary option robots. A good thing is gauge the experiences of others who are already in the program and compare that to your own aspirations and the experience you hope to find in the robot you eventually choose to host your trading.
Customer support, or lack of it was another common complaint. Traders reported of a non-existent live chat feature. This is because your queries were rarely ever replied in time and actionable queries took ages, even hours to be acted upon. Trying their email support is giving yourself a test in patience and endurance. Emails went unanswered for hours and the responses not very much helpful. Their system favors very experienced traders who may not need much customer support.
Security of your finances is something you could consider as well. Quite a good number of traders expressed their concerns that their investments could be on the line. This is because the use of older browsers to trade left a good number of them feeling exposed. The reasoning behind this is that there are some modern security features that are not compatible with older computers and by extension, the browsers that they run on. The same could be said of hacking and viruses firewalls that are advanced and capable of operating only on modern browsing software
The fact that Option Bot is not a fully automated software puts off a good number of traders who would prefer the robot doing all the trading on their behalf. For people who do not have enough time to be constantly online to trade in the binary options will feel disadvantaged by this program as thye will have to compromise their other duties to create time reviewing the signals.
Newbie traders are not very well taken care of here in terms of comprehensive trading. The account officers seconded to trader’s accounts are more interested in making you do more trades than help you with skills and knowledge to make those same trades. Their training webinars were reported to be shallow in fresh content and they were found to be rehashing what most other binary robots give as training.