MT2 Trading Review: True Automated Trading Bot For Binary Traders

Last Updated: 15.10.19
Overall Rating
4.5/5
Overall Rating
4.5/5
Features
3/5
Platform
3/5
Desktop Experience
3/5
Accuracy
3/5
Signal Builder
3/5
Withdrawal
3/5
Customer Support
3/5
Trust
3/5
Features:
3/5
Customer Support:
4.2/5
Trusts:
2/5
Education:
5/5
Desktop Experience:
4/5
Withdrawal:
3.1/5
Mobile Experience:
1/5
Platform:
5/5
Home» Binary Options Robots » MT2 Trading Review: True Automated Trading Bot For Binary Traders

MT2 Trading Review: True Automated Trading Bot For Binary Traders

MT2  Trading is a powerful and innovative trading platform for traders that allows you to trade binary options. It is one of the most profitable auto trading binary robots like BinBot Pro.

You can set your trading indicators and allow the robot to trade 24/5 for you. Moreover, traders can subscribe to signal providers and copy trading services simultaneously. 

The MT2 Trading software has more unique features that will help you to track global and personal trading statistics. 

Furthermore, the platform is beautifully integrated to work with four of the most reputable Binary Options brokers that we will describe later. 

In this MT2 trading review, we will describe all the necessary information that you need to know before investing money with them. 

We are encouraging you to read till the end to know why thousands of traders trust this trading robot every day to achieve success with Binary Options.

What Is MT2 Trading

MT2 trading platform will allow you to trade automated binary options simply and easily.

The bot is especially for binary options traders, who want to trade automatically with the help of various regulated and reputed brokers.

The platform was established in 2017. However, we could not able to find the establishment date from the main website.

The company is based in the New Horizon Building Ground floor; 31/2 Miles, Philip. S. W Goldson Highway, Belize. Approximately, the number of active users is more than 7000. Not only the users but also the traded volume is more than 117 million.

The user interface is simple and easy. You can customize your trading bot as per your requirement. However, to start a trade, you have to download the platform on your desktop.

Additionally, based on the MetaTrader indicators, traders can place the trade. On the other hand, you can subscribe and copy expert signal providers on your platform.

You can set your trading risk parameter from the risk management window. You can also set the economic news filter. So, traders can stop trading on dangerous market hours.

Without any doubt, you can follow the real-time market movement through a trading graph and charts.

Apart from these, there are so many unique features available which we will mention below.

MT2 Trading Platform Features

MT2 is a revolutionary trading robot that allows you to trade binary options on its platform.

The robot will also help you to take your binary options trading at the next level. So, you can enjoy your important things in life and make money simultaneously. 

There are some important trading features offered by MT2 automated trading bot.

These are:

  • Fully automated trading
  • Support Regulated broker
  • Multiple subscriptions
  • Minimum investment 1 USD
  • Demo account facility
  • Copy-trading service
  • Custom configuration
  • MetaTrader connector
  • Risk management facility
  • Trading news and real market graph
  • Signal builder
  • Trading statistics

SignUp And Login Process

Before register with this trading bot, download it on your trading device. Install it as per the below instruction:

  • Right-click on ‘mt2trading_setup.zip’.
  • Choose ‘Extract Here’ option.
  • Open the decompressed folder.
  • Double click on ‘mt2trading_setup’ to execute the MT2 setup.
  • Follow the installation instructions.

It is recommended to run the application constantly on your pc or laptop while trading.

However, you can also run the application by using VPS service when you are away. You just need to hire VPS and configure the platform on a remote system.

So, you don’t need to turn on your pc all day long. Unfortunately, IQ Option will not allow you to perform trade using VPS.

Even more, the signup process is different than other trading robots. The login screen will open after installed and run the program.

Here, you have to register an account with a supported broker. You will find a list from their website that which brokers they support.

After signing up with a broker, you can use the same login credential to enter the MT2 trading platform. But, to use the copy trading feature, you need to register a new subscriber account.

High Capital Risk Is Involved In Financial Trading

MT2 Trading Account Types

Along with a demo account, the trading platform offers three different trading accounts. You can enjoy the best automated binary options trading robot experience by choosing one of these licenses.

Remember that all licenses include these below features:

  • MT2 automated trading robot
  • Active community and support
  • Backtesting strategy with historical data
  • 0 additional trading fees from MT2
  • MetaTrader 4 platform
  • Personal & global trading statistics
  • ‘Binary Profit’ Indicator/Template
  • Access to our Telegram VIP group

Moreover, the minimum subscription-fee is $50. You can trade with real money after depositing the initial amount. After opening a real account, you will also get one broker license with VIP group access.

But, the minimum investment will depend on the broker’s platform. However, the required broker’s minimum deposit for traders are below:

  • IQ Option’s minimum deposit: 10 USD
  • Binary.com’s minimum deposit: 5 USD
  • Spectre.ai’s minimum deposit: 18 USD
  • Alpari’s minimum deposit: 1 USD

On the other hand, you can also deposit $200 for an annual license. MT2 trading accepts credit/debit cards, PayPal, Bitcoin, advcash, and Neteller as payment methods.

Before subscribing to a particular account type, please go through the below price table. 

Monthly Subscription

$ 50
  • Trade with real money
  • Free updates
  • Access to VIP group
  • One broker license
  • Monthly payment

3-Month Subscription

$ 100
  • Trade with real money
  • Free updates
  • Access to VIP group
  • One broker license
  • 3 Month payment

Lifetime License

$ 200
  • Trade with real money
  • Free updates
  • Access to VIP group
  • One broker license
  • Annual payment

Demo Account

MT2 Trading offers a free demo account for traders. After opening the demo account,  you can use the automated trading platform to practice the trade.

A demo account will help you to understand the

platform’s features. It will also help you to configure it correctly.

At the same time, you can check our demo account article, where we have mentioned 7 lessons that you need to know. 

Here you will get a virtual amount to practice trading. Through a practice account, you can also access to the signals, channels, and updates.

Moreover, you will get free licenses for all brokers without any payment. 

We are highly recommended you to start with a demo account to learn how to navigate the financial industry.

Try Demo Account

FREE
  • Only with fictitious money
  • Free updates
  • Access to free channel
  • All brokers
  • No payment

Get Started With MT2 Trading Platform

As we said earlier, you have to download the trading app on the desktop device. After installing, run the program and log into the platform. 

We have already described the process of signup and login above. 

Via the MT2 platform, you will be able to trade automatically with the 4 most reputable Binary Options brokers: 

  • IQ Option
  • Binary.com
  • Alpari Fixed Contracts
  • Spectre.ai

The trading platform is user-friendly. Traders can completely customize and configure the trading platform according to their preferences. 

From the user interface, you will be able to access different functions. These are:

Trading Chart:

From the trading chart, traders can get access to the MetaTrader indicators, signal providers, manual plug-in. Depending on the trading signal, the robot will trade on behalf of you. 

The auto signal connector will work as a bridge between MT4/Mt5 and MT2 trading platform. 

Daily Profit & Trading Volume:

You can get updated with the information with your daily profit and trading volume from the platform. 

Click the “Trades Analytics” button and it will show you a new tab. From that tab, you can check your trades history and profit graphs. 

CopyTrading Service:

You will a clear view of copy trading later in this review article. In the copy trading service, you will get public signal providers list, historical trading statistics, historical trading graphs, chat messenger, and signal subscriber/provider panel. 

By using these, the trading bot will copy and paste profitable trades in your platform. 

Economic News & Events Filter

From the “news events filter”, you will get notification and details on important news. 

The chart will show you the upcoming events, time, impact, currency, and events. Moreover, you can pause your trading before and after the event.

Live Financial Market Graphs:

MT2 trading platform is directly integrated with “Trading View” chart. Using this live graph, the trading software will analyze the market and predict the right asset price. 

Additionally, the live chart is the best place to analyze the market by using different tools and trading indicators. 

Custom Configuration:

From the “Settings” button, you can customize the MT2 configurations according to your trading strategy.

You will be able to define the trade amount, risk management, trading filters, and general configuration from the MT2 configuration window.  

From the “Help” section, traders will know about the platform function. You can also receive technical support via skype and e-mail.

On the other hand, we also give a brief description of each of the features one by one. 

If you haven’t downloaded it, you can download it right now by

High Capital Risk Is Involved In Financial Trading

Supported Brokers: MT2 Platform

The MT2 platform is successfully integrated with the four most reputed and regulated brokers.

You can choose your favorite broker from the below list and start trading automatically.

MT2IQ For IQOption:

IQ Options is the most trusted online trading broker, especially for beginners. Because the trading broker will let you open an account with a low amount as $10

IQ Option founded in 2013 to deliver the fastest, accurate, and user-friendly trading platform.

Traders from NON-EU countries can trade with binary options by using this broker platform. The maximum profit percentage is 93%. 

Here, you can trade more than 300 trading instruments by using both the desktop and mobile devices.

Additionally, the demo account will help traders to know more about trading and strategies. 

To open an account with IQ Option, you just need to submit a valid e-mail address with personal information.

MT2Binary For Binary.com:

You can consider the Binary.com broker as a one-stop trading solution for binary traders. Using this broker platform, you can trade binary on currencies, indices, commodities, and Volatility Indices. 

Since 1999 till now, the broker is successfully operating its service around the globe. You can trade more than 100 popular trading instruments. 

Not only the trading assets but also the payout percentage is attractive to traders. 

On the other hand, the online broker platform also offers a demo account. There is no need for extra downloads for using this broker. 

Aside from the login details, you will also need to create an API token.

Follow the below steps: 

  • Firstly, log into your account and then select the menu Settings 
  • Select the “Security and Limit” section and

    Click on the API token button

  • You need to create a new token. For that make sure to choose the scopes “Read and Trade” and click on the “Create” button
  • Copy your token from the display box
  • Paste your token on the “API-Token” field and click the + button on the right, to add your account.
  • After verifying your account ID, click the “OK” button to start trading

MT2Spectre For Spectre.ai:

Spectre.ai is the world’s first regulated and broker-less financial trading platform. The trading platform will allow traders to trade the financial trading market directly. 

So, without any intermediary brokers, you can trade the financial market. It is a web-based trading platform. 

You just need to enter the same login credential to open an account with the MT2 trading platform. 

In case you do not have a Spectre account yet, you can open one by 

MT2Alpari For Alpari.com:

Alpari broker is running a trading service for more than 20 years. You can trade binary options on Forex by using this broker. 

It is a regulated broker with unique features. You can execute the trade by using both the desktop and mobile devices. 

The login process is simple and using the same login credential, you can open the MT2 Trading platform account. 

If you don’t have an account with this broker, then feel free to open one by clicking the below link.

Copy Trading Service With MT2 Trading

Copy Trading Service With MT2 Trading-Binoption

The copy-trading feature will allow traders to copy successful traders and receive automated signals from a signal provider.

After that, you can copy them into your favorite brokers with desire amounts and risk parameters.

The interesting part is that expert traders’ trades will be copied and pasted automatically in your account. However, signal providers use their strategies.

For start copy-trading, you have to follow 3 simple steps:

  • Choose a signal provider and send a subscription request
  • Wait for the approval
  • If your request is approved, their trades will be copied and executed in your account.

Click the social trading button from your platform.

The platform will show you a complete list from where you can get the name of signal providers. Among those, you can choose and receive a signal from them.

As per the website –

 “This list was designed in such a way that all the necessary and useful information of each provider is available to potential subscribers.”

Before selecting a particular signal provider, you have to search a few things. It is wise to take time to analyze and choose the best one.

  • History of provider
  • Filter a provider according to gain, win-rate, trades, days, and free
  • Communicate with provider

After analyzing, subscribe to the provider. Create an account with a selected subscriber. If you already have a subscriber account, then you just have to enter your log-in data.

On the other hand, you can also become a signal provider by sharing your signals directly form your indicators in Metatrader with the auto-connector or manual-connector.

Firstly, you have to make an account. If you already have an account, then login with the same credential.

Secondly, fill the form with all necessary valid information. After finishing the configuration, click on the “OK” button. Lastly, you are ready to start offering your service as a Signal Provider.

High Capital Risk Is Involved In Financial Trading

Economic News

Economic News-Binoption

The economic calendar will help traders to minimize their loss when the financial market is unpredictable. During such news and economic events, behavioral trends are no longer detectable.

So, this can negatively affect your trading.

Through an economic calendar, traders will able to pay attention to all the international live news that impacts the prices of the currency markets.

From the platform, click the clock button to configure the news filter and set your news feeds.

With the help of this powerful trading tool, you will be able to prevent the robot from trading during news or events that may impact the market, causing unusual price movements.

MT2 Trading Documentation

You will find the documentation part while opening their website. The documentation will help new traders to know about the trading platform’s features briefly.

Moreover, you will also get some idea on how to use those features in the main trading platform. So, you can consider it as a basic guideline for new traders.

MetaTrader 4 & MetaTrader 5 Connector

With the help of many tools offering by this platform, you can create a bridge between your MetaTrader 4/5 connector.

Not only connector, but also you can trade on the MetaTrader platform with the help of your favorite broker.

On the other hand, you will find thousands of trading indicators that traders use every day.

With MT2 connector, you will be able to connect virtually any MetaTrader 4/5 technical indicator to your Binary Options broker. After that the signal place automatically in your platform.

Apart from these indicators, you can also connect any indicators in the MT2 trading platform.  As per your specific needs, you can configure it.

Risk Management

MT2 trading platform allows you to have control of your account balance using risk management feature. You can set the parameter and the robot will maximize your profits whole minimizing and regulating your loss.

Moreover, traders can set the daily profit target for their account. The robot will trade non-stop until the parameter is reached.

Additionally, you can minimize your loss by setting a stop-loss parameter. Set up a limit on the amount for each one of your trades. Lastly, you can set the trade limit according to your preference.

Live Market Graphs

Every trader needs to constantly analyze the live market data to predict future asset price. Via live financial market data, you can see the price movement. So, now you can enjoy the market movements without leaving the trading platform.

Moreover, you can also customize your graphs according to your personal preference. The platform will give you a wide range variety of options to make your graphs.  

Desktop And Mobile Trading App

To execute a trade, you have to download the application in your trading device.

There are a minimum requirement s for downloading this trading platform: 

  • Windows Vista, 7 SP1, 8.1 or 10
  • Windows Server 2008 SP2, 2008 R2 SP1, 2012, 2012 R2 o 2016
  • Processor 1 GHz
  • RAM 512 MB
  • 500+ MB free hard disk space

Unfortunately, the mobile app for MT2 Automated Trading Platform is currently under development. 

You don’t need to pay any extra fee to access the mobile platform. 

High Capital Risk Is Involved In Financial Trading

MT2 Trading Platform Pros And Cons

MT2 Trading is a 3rd party software. The major advantage of this trading software is that you can trade with all regulated brokers who are famous around the global market. 

Additionally, the robot win rate depends on the users. So, the result will depend on the technical indicators, general configurations, risk-management parameters, and overall strategy!

Moreover, you can run the trading app 24hours with VPS connection. 

Simultaneously, there are some disadvantages to this trading robot.  We were failed to get company information and establishment date from their main website. 

Furthermore, there is no live chat facility for traders. Moreover, they can allow for web-based trading. 

Contact

As we said earlier, MT2 trading platform do not offer live chat option for traders. You can only contact with the team via e-mail or phone number. 

On the other hand, you can send message if you have any doubt or suggestion. The team will contact with you as soon as possible. 

Even more, the website is now fully translated into 5 different languages along with English. 

Conclusion

No wonder, you will find lots of trading robot in the market. But, always remember the best one will help you to earn more. 

As long as you trade with trustworthy trading software, you will push your income higher. MT2 trading bot is the latest technology that allows you to trade binary options automatically and profitably. 

Moreover, the trading bot has great features for successful trading. MT2 trading can be your go-to trading platform. So, you can start trading without any doubt, whether you are an expert or a beginner. 

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