Binary options are risky and banned in most regulated markets for good reason. Even great signals won’t save you - the odds are stacked against you from the start. You’re better off with forex EA systems for automated trading. You get way more control and can actually manage your risk properly. Skip the free signal bots - they’re garbage. Learn proper risk management instead of chasing quick fixes.
Traded binary options for two years before switching to forex. Those free signal bots are garbage - basically random number generators that’ll destroy your account. I tried six different ones and they all failed.
Binary options are rigged for brokers. You risk 100% to maybe win 70-80%. The math doesn’t work.
If you want automation, get a simple forex EA instead. You can actually set stop losses and control your trades. I’m using a basic trend-following scalping EA now and it’s way better than any binary bot.
Just switch to forex if possible. Your money will last longer.
Switch to forex - it’s way better. Free binary bots are trash because they can’t adapt when markets shift. They just use basic indicators that barely work, and you need 50%+ win rate just to break even. The real problem? Risk management sucks with binary options. Forex lets you cut losses short, but binary is all-or-nothing - you either lose everything or get a fixed payout. One bad streak kills your account. Just learn proper trading strategies instead of chasing these bots.