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Binadroid2 aka Binabot v2 fully automated auto trader review
Binadroid2 aka Binabot v2 has been launched after beta testing. Is BinaDroid 2 an improved software on BinaDroid or it is a refined scam? This impartial review will report technical data, verification on testing.
Binadroid 2 is being launched as we publish this scam review. This combo software, which is an automated robot as well as a signals software has been created as an upgrade on the BinaDroid App that has been on the binary options market for a few months now.
The critical components of the original Binadroid have been preserved whilst the new software has been optimized to give an improved trading experience and a more sophisticated platform. The algorithms used for this new software as said to have been finely tuned for more precise data collection. Can you make money with Binadroid 2? This impartial review based on critical information will reveal whether Binadroid 2 is scam or not.
Very important: last week the name of the software has been changed from Binadroid 2 to Binabot v2 but it’s still the same software with same features. Change covers only visual design.
Who is Troy Everett of Binadroid2 aka Binabot v2?
In our review of Binabot v2 , Troy Everett, at the time preferred to remain out of the spotlight. In this new video presentation, Troy Everett, even jokes about picking an actor to present his original software. He explains, that most developers are not fit or are too shy to be in front of a camera.
To present his new improved software Binadroid2, Troy Everett bit the bullet and faced the camera. He is clearly not an actor, and any professional can tell that he has had to do many takes in order to put this video together. The real Troy Everett is the developer of the new sophisticated Binadroid2. He has 15 years experience in trading the capital markets. After working up his way in some of the largest investments companies. Whilst working for some leading financial firms in the UK (although his accent is clearly American) he developed a sophisticated trading machine for his employers.
As a reward for his exceptional software, Troy Everett was promoted and rewarded for his brainchild. Sadly, later he discovered that his own bosses were selling his algorithm and leaking it to other entities for phenomenal values. This not only violated their confidentiality agreement, but obviously short changed him in terms of his financial rewards. For this reason Troy Everett decided to resign, and use his product to recreate the Binadroid 1 system and sell it under his own name.
How does Binadroid2 aka Binabot v2 work? Review details
Binadroid 2 which is the improved version of the highly successful BinaDroid is based on Android technology. The software legitimately reaches out to Android smart phone users and pulls of critical mass data in volumes of hundreds of thousands. As we are all aware, social media tools are critical in exploring the overall market sentiment for trading. The first part of the algorithm explores this sentiment. BinaDroid2 collects data based on what most people think about the market. This behaviour is what influences market movements. The second part of the algorithm tracks the signals generated from the sentiment of the android users. It calculates past performance and risk factors. It has a built in ranking system which filters trading signals over the web at any given moment. This translates to the signals which are now on the BinaDroid2 platform.
Why develop a new version of Binadroid ? Binadroid2 aka Binabot v2 review
Troy Everett explains his search for excellence in his own product and by his own words he wanted to improve Binadroid to perform into what can be an even better software now called Binadroid 2. The markets are ever changing. Financial markets are extremely dynamic and improved trading strategies are the name of the game. The BinaDroid 2 software has been designed with adjustments over Binadroid 1 to take further advantage of the new market environment.
This fine tuning of Binadroid 2 aka Binabot v2 has led to an increase in performance of 3-5%. Not having made this improvement, according to Troy Everett is tantamount to losing money. As had been technically proven in our original review of Binadroid and live testing session – this software which was a semi automated binary options robot, could deliver between 75 and 80% accuracy rate for ITM (in the money) performance. The new and improved Binadroid 2 is expected to reach an 80 -85% accuracy rate. This fine margin is crucial in making money online trading binary options.
Although Everett himself targets a 90% accuracy rate, we are still testing the new software to confirm this target success rate. At this point we can confirm that the previous software was delivering a maximum of 80% success rate in correct signals.
Binadroid2 aka Binabot v2 – new improved version and trading platform
Binadroid2 App was designed to be a semi-automated trading platform specifically targeted to newbies or new binary option traders. The platform was simple and easy to navigate, but it did not provide for manual trading through a signal service. Seasoned traders who wanted to experience a choice of trading styles could not do this with BinaDroid.
The sophisticated platform for Binadroid 2 aka Binabot v2 provides for AutoBinadroid which is the automated trading mode, with a risk choice of low, medium and high at a minimum trade value of $25. It also provides for manual trading based on five signals at any one time. The trading signals are very clear with a Trend Start-off and a Trend Ending feature which is clearly setting out the active trading parameters.
The new improved version of Binadroid. Is the Binadroid2 App risk free?
Troy Everett claims that Binadroid 2 aka Binabot v2 is a risk free software. As we know, there is no such binary options software that is completely risk free. However Binadroid 2 has a Reverse Button Feature which makes it completely unique and authentic. It also proves that Binadroid 2 is free from scam.
Binadroid 2 aka Binabot v2 is 100% FREE to register with, but obviously there are some limitations to its availability. We are pleased to see that there are no pressure tactics, no false security counters and no standard red flag scam signals. The only request which Troy Everett makes at this stage is for real traders to share their statistics and their performance data within the next 3-6 months. Traders may choose to do so anonymously. At this point, it is expected that Binadroid 2 will be sold for about $2500 per license.
What is the reverse button feature of Binadroid2? How does the reverse button feature work?
As explained earlier in our scam review, Binadroid2 aka Binabot v2 has a very unique Reverse Button Feature. Basically when opting for the Reverse Signal feature, a trader will be applying the exact opposite direction to the signal which the software is generating. This provides clients with a protection shield when they feel that the software is not performing to its optimum results. It also makes Binadroid 2 completely above board. Why is this? Simply speaking, with Binadroid 1, there were many competitors and rival developers who claimed that the software was a scam robot.
Traders who were not watching out for important news announcements on the Economic Calendar, were trading in spite of warnings not to trade during high impact news announcements. This meant that some traders were losing money. This was not because the software was not legit, but it was because traders were making uninformed decisions. For this reason some traders also labeled Binadroid 1 scam.
By opting to introduce the Reverse Button Feature, Binadroid 2 is allowing traders the option to trade even during high impact news. Any seasoned trader will understand, that robots cannot immediately sense the volatility created and the dramatic changes that can result from important news announcements. Robots can analyse trends. By taking the opposite directions during this critical time, traders can ensure that they are protected. Furthermore, for anyone who would potentially think that Binadroid2 is scam and is taking too many losing trades, then they always have the option to set the auto trader to act in the opposite direction. It is a win-win situation.
Binadroid2 aka Binabot v2 and the Economic Calendar – more review details
The new improved version of the software Binadroid2 aka Binabot v2 has The Economic Calendar as an integrated feature. This is a very important feature and it makes it very simple for traders to follow. There is no need to open new browsers in order to check crucial times when there is important news announcements.
Seasoned traders may opt to take advantage of high impact news and trade on it. New traders would be wisely warned to stay away from high volatility during news announcements and switch of their automated Binadroid2.
Disadvantages of Binadroid2 Robot – Is Binadroid2 software a scam?
Technically speaking there are no disadvantages of Binadroid 2 aka Binabot v2 over Binadroid 1. A trader needs to have internet access and can trade on the go. However, Binadroid 1 users cannot automatically upgrade to Binadroid2 aka Binabot v2. Access to Binadroid 2 will require new registration. Traders who already have registration with brokers will be required to open a new account with a new dedicated broker and to verify their account. A trader cannot start trading without verifying his account.
The brokers supporting Binadroid 2 aka Binabot v2 are high reputation brokers, and therefore Binadroid2 will not be available worldwide. Countries such as India, Pakistan, Africa and Asia where binary options brokers are still largely unregulated, will not be able to subscribe to Binadroid2. Troy Everett has teamed up with some reputable and EU-regulated brokers who will not eat up your capital. Verified brokers such as Banc De Binary and OptionFM are amongst the list of brokers synced with the new version of BinaDroid2 software. Investing your money safely with reputable brokers is the key element. Binadroid 2 will not work with a broker that a trader may already have an account with. For this reason, the support team for this software will be available 24 hours a day, 7 days a week in order to help you process registration with alternative brokers.
No fake social media accounts or fake testimonials
We can see that the presentation for BinaDroid 2 software does not have any fake reviews or false testimonials. Troy Everett invites traders to search the internet for reviews and real you tube users who have tried and tested the software. There are no fake widgets lying about social media activities. This calls for further endorsement that BinaDroid 2 is legit. The website is not spammed with browser pop ups when visitors try to leave. In other words, traders are not coerced or pushed into registration because the software is genuine.
How do I register for Binadroid2?
- Clear cookies for a better browsing experience. If not sure how to clear your cookies click HERE
- Check out the Binadroid2 video presentation and proceed to subscription HERE
- Fill in your personal details and correct telephone number.
- You will be assigned to a dedicated binary options broker that is operating in your region. Remember to do your due diligence on the broker before funding your account.
- If the broker is not a broker that you already hold an account with, you can go ahead and fund your account.
- In case you already have an account with the broker you are assigned to, we recommend that you contact support for assistance to sign up.
- Fund your account. Verify your identity as required by the broker prior to trading. If you are not sure how to do this watch THIS VIDEO
- Do not accept bonuses from Brokers
- Switch on your BinaDroid2 trading platform and decide whether you wish to trade with auto trader robot or by signal software.
- Benefit from trading with Binadroid2. Do not let your profits to collect. We recommend that you apply for withdrawal once you quadruple your capital and start over.
ONE OF OUR TOP APPROVED BINARY OPTION AUTOTRADERS.
Binadroid2 aka Binabot v2 App was designed to be a semi-automated trading platform specifically targeted to newbies or new binary option traders. The platform was simple and easy to navigate, but it did not provide for manual trading through a signal service. As explained earlier in our scam review, Binadroid2 has a very unique Reverse Button Feature. Basically when opting for the Reverse Signal feature, a trader will be applying the exact opposite direction to the signal which the software is generating. This provides clients with a protection shield when they feel that the software is not performing to its optimum results.The new improved version of the software Binadroid2 has The Economic Calendar as an integrated feature. Binadroid 2 is 100% FREE to register with, but obviously there are some limitations to its availability.
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Since we have already been trading with Binadroid for a few months with very satisfactory results, we are in no doubt that BinadDroid2 aka Binabot v2 is not scam but a legit software. The newly added features have only enhanced the previous software, and it is a new and excellent trading experience.