Is Option Bot 2.0 a Scam?

Option Bot 2.0 promises very high and quick profits to traders. But does this Binary Option Robot really work or is it a Scam?

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Our Robot Testers made a research of Option Bot 2.0 and found out that this binary options robot does not rate highly in Google Trends and there is no significant data about them. As an alternative we have selected our Top Safe Binary Robots along with detailed reviews for safe and secure trading.

Since we haven’t gathered enough information yet, we cannot confirm that Option Bot 2.0 is legit. You can Continue to Trusted Robot Site OR Choose one of approved and safe trading applications:

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Option Bot 2.0 Overview

First launched in 2008 by Gary Davies, Option Bot quickly gained popularity. This popularity led a lot of traders into the schemes of OptionBot and the Internet was flooded with complaints of the robot. Option Bot therefore remains today one of those shady inconsistent automated trading bots, popular mainly with its fluctuating results.

Gary Davies and his team tried to enhance their product and introduced the Option Bot 2 auto trading software. The team recently participated in a partnership with Option XE to offer courses in trading options to users of their software program. But does this upgrade deliver the promised speed and safety, so passionately claimed by the creators of OptionBot 2.0? Read our full review to understand every aspect of the binary trading software.

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Why Option Bot 2.0?

The creators of Option Bot 2 have tried to provide features that might attract and retain clients. Among those features are the information feed, updated live, more customizable settings for more control over the autopilot from the user. Clients should also be able to customize the time frame and settings to remain alerted on price movements. But feedback and reports show that most of those features are inactive. There are very few benefits to actually using the Option Bot 2 trading software.

All these features sound great and at first made us believe that this binary robot is one of a kind offer. This is probably partly true, but since we tested this robot the results were not even close to the promised. The provider of this software builds up expectations that are really hard to be delivered on.

Does Option Bot 2 Work?

It is a software for currency analysis that is synced up with the accounts of up to 12 brokers. Option Bot 2 is the very latest version which offers traders an auto trading analysis system and fully customized user trading alerts for various periods of time, with a supposedly high accuracy and industry leading service.

Warning:

About 42% of our customers who use Option Bot 2.0 made a complaint that their auto trading system does not work as smooth and accurate as it used to. Our team is feeling obligated to warn you and give you alternative solution.

Out Test Team recommends Qbits Robot, since it has the best testing results.

The Option Bot 2 is claimed to be the highest performing signals service with an accuracy rate of up to 92%. This notable performance has never been well documented and there is not enough positive reviews and feedback from satisfied traders on the Internet.

Traffic ranking websites have Option Bot 2 as the highest ranked trading site with regards to daily visitors. Many traders who trade currencies on their binary options platforms today regard Option Bot 2 as their lack of good judgment.

What are the advantages and disadvantages of Option Bot 2?

During the testing period, while researching this binary options robot review, we found that certain services are not so great at delivering high accuracy. However, with regards to signal delivery, certain services seemed to have technical problems with their SMS alerting system, as some services would often send the signals with a delay.

This is the case with the Option Bot 2, which is not fast enough and optimized to simultaneously work with your binary broker’s platform. Remember that because only certain brokers have been synced to the Option Bot, when registering your new accounts, you will need to do this through the Option Bot software with a requirement of 2-5 trading accounts to achieve optimal results.

With regards to customer support – they offer 24/7 support via email, but also phone support and live chat for non-members. But the quality of their assistance has been gradually falling.

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How much does OptionBot 2 Cost?

Using the Option Bot 2 software will set you back $97 for a one-time user license fee. There are no additional monthly charges or fees for you to worry about. As a requirement and for optimal results traders are required to register their binary trading account directly via the software.

Is Option Bot 2 a Scam?

Having tested the Option Bot 2 for months now, we cannot safely conclude that it is among the safest trading solutions available on the market today. It is fairly priced and ideal for every budget, which does not exclude the possibility to be somehow not totally scam free software. Option Bot 2 is a compromise choice for anyone interested in trading currency options.

Keep in mind that because not every broker will offer all the currency pairs of this bot, it is advisable to register with one of the recommended from Option Bot brokers directly via the software.

Conclusion

high_risk_stamp_top10_BRAfter making a detailed investigation our team came to the conclusion that there are better binary robots to trade with than Option Bot 2.0. We cannot confirm whether Option Bot 2.0 is a scam robot or not, but upon investigating we found a lot of traders’ comments and complaints about the performance of this binary options robot and we don’t have confirmation that it can achieve the profits advertised via email.

We recommend you to Continue to Trusted Binary Robot and avoid scams by choosing a High-Rated and Trusted Robot on Top10BinaryRobots.com

 

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