{"id":38430,"date":"2020-02-14T14:58:00","date_gmt":"2020-02-14T19:58:00","guid":{"rendered":"https:\/\/binarytoday.com\/?p=38430"},"modified":"2020-02-29T09:02:22","modified_gmt":"2020-02-29T14:02:22","slug":"tool-review-mt2binary","status":"publish","type":"post","link":"https:\/\/binarytoday.com\/tool-review-mt2binary\/","title":{"rendered":"Tool Review: MT2Binary"},"content":{"rendered":"<p>Today I&#8217;m looking at a new tool that allows for the automation of binary options trading directly on MetaTrader 4, <strong>MT2Binary<\/strong>. The goal of the tool is to allow traders to bridge their MetaTrader 4 platform with the binary.com broker. At this point in time, it doesn&#8217;t seem like the software works with other brokers, but hopefully this technology can expand to more platforms over time. As an avid MT4 user, I have obvious interest in using this platform as much as I can.<\/p>\n<p><a href=\"https:\/\/binarytoday.com\/wp-content\/uploads\/2017\/11\/404-page-not-found-mt2binary.jpg\"><img  class=\"alignright wp-image-38436\" src=\"data:image\/gif,GIF89a%01%00%01%00%80%00%00%00%00%00%FF%FF%FF%21%F9%04%01%00%00%00%00%2C%00%00%00%00%01%00%01%00%00%02%01D%00%3B\" data-layzr=\"https:\/\/binarytoday.com\/wp-content\/uploads\/2017\/11\/404-page-not-found-mt2binary.jpg\" alt=\"\" width=\"287\" height=\"177\"><\/a>It is unknown who the creators of this tool are. At one point in time they had an about page, but this isn&#8217;t functional anymore and is just returning a 404 page not found error. To get in touch with the support team, traders can email <strong>info@mt2Binary.com or skype bo.indicators@gmail.com<\/strong>. It would nice to get more information about this vendor before signing up with their tool.<\/p>\n<div id=\"toc_container\" class=\"no_bullets\"><p class=\"toc_title\">Contents<\/p><ul class=\"toc_list\"><li><a href=\"#MT2Binary_Review\">1 MT2Binary Review<\/a><\/li><li><a href=\"#Details\">2 Details<\/a><\/li><li><a href=\"#Who_Should_Use_This\">3 Who Should Use This?<\/a><\/li><li><a href=\"#Conclusion\">4 Conclusion<\/a><\/li><\/ul><\/div>\n<h2><span id=\"MT2Binary_Review\">MT2Binary Review<\/span><\/h2>\n<p>The process is explained simply on the MT2Binary website. The &#8220;<strong>MetaTrader connector sends signals to \u041c\u04222Binary bot<\/strong>&#8221; which places those trades for the trader on their binary.com account. Keep in mind, that this is just a tool that allows you to automate your trading. This tool does not provide you with trading opportunities. You would still need a separate binary options indicator or trading system that sends <a style=\"color: #0000ff;\" href=\"https:\/\/binarytoday.com\/trading-binary-options-in-metatrader-4-mt4\/\">binary options signals in your MT4<\/a>, which are then automatically traded with the brokerage.<\/p>\n<p><a href=\"https:\/\/binarytoday.com\/wp-content\/uploads\/2017\/11\/mt2binary.jpg\"><img  width=\"620\" height=\"350\" class=\"aligncenter size-full wp-image-38435\" src=\"data:image\/gif,GIF89a%01%00%01%00%80%00%00%00%00%00%FF%FF%FF%21%F9%04%01%00%00%00%00%2C%00%00%00%00%01%00%01%00%00%02%01D%00%3B\" data-layzr=\"https:\/\/binarytoday.com\/wp-content\/uploads\/2017\/11\/mt2binary.jpg\" alt=\"\"><\/a><\/p>\n<p>I&#8217;m currently looking into ways, and discussing with developers as to how this could work with the <a style=\"color: #0000ff;\" href=\"https:\/\/binarytoday.com\/best-binary-options-signals-and-software\/\"><strong>best binary options software currently available on the market<\/strong><\/a>. Utilizing binary strategy, or binary today trader in this manner would be a very efficient way to make passive income in the binary options market.<\/p>\n<p><a href=\"https:\/\/binarytoday.com\/wp-content\/uploads\/2017\/11\/mt2binary-automation.jpg\"><img  width=\"887\" height=\"313\" class=\"aligncenter size-full wp-image-38437\" src=\"data:image\/gif,GIF89a%01%00%01%00%80%00%00%00%00%00%FF%FF%FF%21%F9%04%01%00%00%00%00%2C%00%00%00%00%01%00%01%00%00%02%01D%00%3B\" data-layzr=\"https:\/\/binarytoday.com\/wp-content\/uploads\/2017\/11\/mt2binary-automation.jpg\" alt=\"\"><\/a><\/p>\n<p>The only issue here is that if you don&#8217;t qualify for a binary.com account, you are essentially out of luck. I mentioned this earlier, and I&#8217;ll mention it again, I do hope that this type of technology can be ported to other platforms, as this would make the entire process more viable.<\/p>\n<h3><span id=\"Details\">Details<\/span><\/h3>\n<ul>\n<li><a href=\"https:\/\/binarytoday.com\/wp-content\/uploads\/2017\/11\/mt2binary-cost.jpg\"><img  width=\"518\" height=\"137\" class=\"alignright size-full wp-image-38438\" src=\"data:image\/gif,GIF89a%01%00%01%00%80%00%00%00%00%00%FF%FF%FF%21%F9%04%01%00%00%00%00%2C%00%00%00%00%01%00%01%00%00%02%01D%00%3B\" data-layzr=\"https:\/\/binarytoday.com\/wp-content\/uploads\/2017\/11\/mt2binary-cost.jpg\" alt=\"\"><\/a>Type: Binary Options Tool<\/li>\n<li><strong>Price: $150<\/strong><\/li>\n<li>Developer: Undisclosed<\/li>\n<li>Support: info@mt2Binary.com<\/li>\n<\/ul>\n<p>Currently the MT2Binary software is going for <strong>$150<\/strong>. For this price, traders get access to the connector, and the library. The connector will connect directly to signal indicators and pass those trades along to your binary.com account.<\/p>\n<p>As much as the developers want the process to come across as quick and simple, <strong>I believe some knowledge will be required here in order to get the most out of this technology<\/strong>. I wouldn&#8217;t recommend this tool to a beginner, or even someone who&#8217;s just working their way to the intermediate stages of trading and different trading platforms.<\/p>\n<h4><span id=\"Who_Should_Use_This\">Who Should Use This?<\/span><\/h4>\n<p>I believe that traders with an expansive knowledge of the market, that are looking to automate their own personal strategies are the main market for the MT2Binary tool. It&#8217;s possible in the future that this will be easy for everyone to use, but between installing this system and then finding an indicator that works properly, there can be quite a few issues throughout each of these stages.<\/p>\n<p><a href=\"https:\/\/binarytoday.com\/wp-content\/uploads\/2017\/11\/mt2binary-connector-display.jpg\"><img  width=\"528\" height=\"695\" class=\"aligncenter size-full wp-image-38439\" src=\"data:image\/gif,GIF89a%01%00%01%00%80%00%00%00%00%00%FF%FF%FF%21%F9%04%01%00%00%00%00%2C%00%00%00%00%01%00%01%00%00%02%01D%00%3B\" data-layzr=\"https:\/\/binarytoday.com\/wp-content\/uploads\/2017\/11\/mt2binary-connector-display.jpg\" alt=\"\"><\/a><\/p>\n<p>Going forward, I think that this technology shows a lot of promise, and is the type of thing I&#8217;d like to see more of in the binary options market.<\/p>\n<h5><span id=\"Conclusion\">Conclusion<\/span><\/h5>\n<p>I only recommend the MT2Binary to <strong>traders with experience in the markets, the need to automate their strategies and have access to the binary.com broker<\/strong>. Remember, this only works with binary.com at this point in time, so if you cannot access this broker, then there is no point for you to buy this software.<\/p>\n<p><strong>I hope that one day binary options brokers will find their way onto the Metatrader 4 platform for good<\/strong>. I think I speak for everybody, when I say we are tired of trading directly on the brokers website, instead of with a standalone platform like MT4.<\/p>\n<p>Thanks for reading the review, and please let me know your thoughts about this new technology.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today I&#8217;m looking at a new tool that allows for the automation of binary options trading directly on MetaTrader 4, MT2Binary. The goal of the tool is to allow traders to bridge their MetaTrader 4 platform with the binary.com broker. At this point in time, it doesn&#8217;t seem like the software works with other brokers, but hopefully this technology can expand to more platforms over time. As an avid MT4 user, I have obvious interest in using this platform as much as I can. It is unknown who the creators of this tool are. At one point in time they <\/p>\n","protected":false},"author":1,"featured_media":38435,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"episode_type":"audio","audio_file":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","date_recorded":"","explicit":"","block":"","filesize_raw":""},"categories":[18],"tags":[2453,2454,2451,2452],"series":[],"episode_featured_image":"https:\/\/binarytoday.com\/wp-content\/uploads\/2017\/11\/mt2binary.jpg","episode_player_image":"https:\/\/binarytoday.com\/wp-content\/uploads\/2015\/03\/binary-today-podcast-cover1.jpg","download_link":false,"player_link":false,"audio_player":false,"episode_data":{"playerMode":"dark","subscribeUrls":[],"rssFeedUrl":"https:\/\/binarytoday.com\/feed\/podcast","embedCode":"<blockquote class=\"wp-embedded-content\"><a href=\"https:\/\/binarytoday.com\/tool-review-mt2binary\/\">Tool Review: MT2Binary<\/a><\/blockquote>\n<script type='text\/javascript'>\n<!--\/\/--><![CDATA[\/\/><!--\n\t\t\/*! 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