The number of binary trading software is constantly increasing, so trades have to learn how to recognize a good robot. Luckily, reviews can help them make the right decision!
In this SimpleAutoTrading review, we will introduce our readers to a binary trading software that is new on the market and that promises great trading experience. What makes it interesting is not only quick registration process but also great features that will allow you to customize your trading and develop a personal trading style.
SimpleAutoTrading claims to be simple and free, with up to 83% win rate, which are characteristics many traders are looking for in their binary trading software.
SimpleAutoTrading Registration and Login Process
In order to use SimpleAutoTrading login, traders first have to register. The registration is completely FREE. Traders never have to pay any money to SimpleAutoTrading platform. In order to get a free account, you are required to fill out an online form. Simply type your name, surname, email, and mobile phone number.
SimpleAutoTrading will also suggest you a list of brokers that are available on the trading platform, and you can select one that is best for your country. This is a very convenient feature. Traders, especially beginners, can get easily confused by much contradictory information they find online, and they still want to research brokers’ offers. This is a very demanding process, and by using SimpleAutoTrading the effort for finding a good broker is minimized.
Minimum deposit with most binary brokers is only $250, while SimpleAutoTrading remains completely free. You deposit and withdraw money with your broker, and never with this auto trading robot.
SimpleAutoTrading Trading Experience
SimpleAutoTrading review noticed how there are several tools, features, and benefits offered to traders who decide to use it.
The entire trading approach with this robot is based on 3 different systems, that we will try to explain in the most comprehensive way in the text that follows.
SimpleAutoTrading Classic System
The robot presents the Classic System as the safest system with the regular increase. This type of trading can be considered suitable for more conservative traders or traders who are only entering the world of binary trading.
SimpleAutoTrading Martingale System
This is a trading system based on the popular Martingale theory. It is described as a more dynamic type of trading, so it is more suitable for traders who prefer fast-paced trading or already have some binary trading experience.
SimpleAutoTrading Fibonacci System
Described by their website as the most accurate system. It relies on the Fibonacci theory of numbers and allows precise trading.
SimpleAutoTrading Trading Indicators
As it was noticed in SimpleAutoTrading review, this binary trading software integrated several different indicators to their trading algorithm. Indicators are used to analyze short-term price movements which make them an essential part of every binary trading software. SimpleAutoTrading added an impressive list of indicators that are applied to trading.
Here is the list of SimpleAutoTrading indicators:
- Trend indicator – indicator that follows well-established trends regarding certain assets that are traded in the binary industry.
- CCI indicator – Commodity Channel Index is mostly used for commodities trading, but can sometimes be applied to currency trading as well.
- RSI indicator – Relative Strength Index indicator is calculating momentum based on averages of gains and losses. It is considered to be an oscillating indicator.
- Stoch Indicator – is a great indicator for beginners as it visually shows the expected price movements.
- Williams Indicator – this indicator is usually used in addition to Stoch indicator as it provides an additional point for checking on trends and potential price movements.
- MACD Indicator – this indicator is using two sets of averages to discover oversold and overbought assets.
SimpleAutoTrading Platform Revealed
SimpleAutoTrading is, as already mentioned, a software that appeared on the market only recently. However, it keeps up with much other software that has been on the market for much longer periods of time.
SimpleAutoTrading.com review was really fun to do, as there was exciting and dynamic platform waiting for us. Once the traders register and log in, they will get access to a dashboard that gives them amazing overview over the entire trading process.
On the left side, there is a list of different categories such as Brokers, Settings, and Support. In the middle of the dashboard, there is an auto trading button that activates the auto trading process. Also, you will be able to find a table with some details regarding your SimpleAutoTrading account.
On the right side, you will be able to see current trades and recent trades. This gives you an amazing insight into what have you done in the past and what you are doing at that exact moment. Only by following their progress can traders fix their mistakes and achieve the desirable win rate.
Is there a SimpleAutoTrading Demo Account?
SimpleAutoTrading offers a demo account as well. Traders who opt for this solution can get $1,000 virtual money they can use to practice auto trading and explore how different settings affect their trading results. SimpleAutoTrading is completely free, which is an important fact you should keep in mind.
During SimpleAutoTrading review was noted how the best solution is to activate auto trading on a demo account for a shorter amount of time and then change settings to see how it affects the generated trades. Demo accounts are always welcome when it comes to binary trading as they provide trading experience and platform knowledge without the financial risk involved.
SimpleAutoTrading Conclusion and Verdict
As we noted in SimpleAutoTrading review, the main benefit of using this auto trading robot is the demo account. It is always a good decision to use demo account prior to real trading as it helps you understand basic principles of how the software operates.
Also, SimpleAutoTrading has many interesting assets, indicators, and systems that can be used during trading, so your trades will never be dull, but highly diversified. High level of diversification is something all traders should long for as it helps them optimize their trading.
SimpleTrading.com also has an email customer support, and we hope they will add live chat support very soon as easier and faster method of communication.