Frequently Asked Questions
How does AutomatedBinary.com work?
When you create an account with Automated Binary, you will choose your language and a broker. You have the power of choosing the settings used in the automated system. You choose:
- The expiry time: 60 seconds, 90 seconds, 2 minutes, etc…
- The amount on each trade: $5, $10, $20, etc…
- The maximum simultaneous trades: 1-8
- The trading method the system will use: Classic, Martingale or Fibonacci.
- What market indicators you want the automated system to use. There are a wide variety.
- What assets you are willing to allow the automated system to trade on.
Once you have made these choices, you just simply turn the system to auto-trade. The system will follow the indicators you chose, and will begin trading. You can watch the trades live, or you can tend to the tasks you have and come back later to review the profits the automated system made for you.
Also Automated Binary offers you a $50,000 demo account to find the settings that work best for you without risking your own money. Once you have an understanding, you can deposit and allow the system to make you profits through your binary options broker of choice.
How do I see the trading history?
While you can view recent trades and their results on the Automated Binary website, you can view the complete trading history by logging into your chosen binary option broker and going to trading history. You will be able to view all trades and the results.
How much does AutomatedBinary.com cost?
Automated Binary is free to use. But, to make profits, you do have to deposit with one of the Automated Binary recommended brokers.
Is AutomatedBinary.com compatible with tablets and mobiles?
Absolutely! We know that a large percentage of traders are on the go and use their smartphones and tablets. Automated Binary recognizes when a mobile device is being used and adjusts to be compatible.
Does AutomatedBinary.com work while I am offline?
For your safety, we do not allow the system to keep trading if you go offline. The browser must be kept open, but you can open other tabs or windows to work on other tasks.
Deposit & Withdrawal
What is the minimum deposit amount?
The minimum deposit amount is normally dependent on the broker you choose. I have discovered that the majority of brokers have set the minimum deposit at $250, but some are more or less.
What is the recommended deposit amount?
We recommend that you deposit $500 or more to get the most out of Automated Binary. When using either the Martingale or Fibonacci trading methods, the system “doubles up” on trade amounts when the occasional loss happens. By depositing $500, you know that your trades will be covered allowing you to make big profits.
How do I withdraw my funds?
All your winnings are handled by the binary options broker you chose. Automated Binary does not process deposits or withdrawals. You will sign in to your broker account, request a withdrawal and supply any compliance documentation to abide by anti-money laundering regulations. Brokers will process the withdrawal request within just a few days, and the money will be in your account quickly.
How do I configure my setting?
Your setting tab is found on the side of the Automated Binary screen. Just click the tab and you will be taken to the page where you can configure your desired settings. They will adjust immediately upon the change.
What are the available expiry times?
Expiry times available at this time are:
- 60 seconds
- 90 seconds
- 2 minutes
- 3 minutes
- and 5 minutes
What are the default robot settings?
The default settings are set to create the lowest risk possible. They are:
- 60 second expiry time
- The minimum $5 trade amount
- 2 simultaneous trades
- The Classic trading method
- All indicators are turned on
- All assets are available for trade
Can I trial the robot with a demo account?
We are happy to provide you with a method to understand Automated Binary. We provide a free $50,000 demo account so you can review the system.
How do I choose a binary options broker?
We have a wide variety of binary options brokers to choose from. You can read the reviews of these brokers that we have on the website. You can find one that accepts your country, and has the language structure you desire. Brokers have different minimum deposits and ways to deposit. I suggest you review the broker’s terms and conditions to see if they are the broker you would be comfortable using.
How come a broker is not available to join?
Some brokers have restrictions on the countries they can accept traders from. This is usually because of their licensing and regulation. But, we do have a wide range and you should be able to find a great broker you can use.
Can I use my existing broker account?
Because of the technical issues, we do not allow traders to use existing broker accounts. You will have to create a new account to use Automated Binary.