Richmond, VA -- (SBWIRE) -- 02/20/2015 -- Binary options are a form of trading available on the forex market. Binary options work by asking brokers to predict the stock level of a given investment – if the prediction proves accurate and the stock is above that level, brokers are paid out. If not, they lose their investment. Binary Options are so easy even in a robot could do it. Now, software has been developed to do just that, allowing individuals to simply set up a bot and leave it running to earn passive income. Scam Watchdog has investigated these software and compiled a list of the top 40, to ensure people choose authentic, reliable binary options bots.

The site, which has previously covered topics like, "what are binary options" and, "best binary options brokers" is now looking at the best binary options bots. The top 40 has been collated from tests performed with hundreds of such software, and the top five represent by far and away the most successful in making their users money. Industry heavyweight Roy Tribble oversaw all the test and used his Masters in Computer Forensics to dissect the results and trading patterns, it was his in-depth analysis that shaped the rankings.

The countdown is so current it even includes information on beta testing opportunities, and every listing includes a sample testimonial from a real user- the data from which has also been used in forming the rankings.

A spokesperson for Scam Watchdog explained, "We understand that these bots represent very skilled trend analyzers, and that is in a sense all that is required for successful binary options trading. The best software goes further than the pattern recognition and prediction algorithms however and include intuitive interfaces and comprehensive features that make managing the bots as easy as possible. Our ranking is constantly being updated, so individuals can always find up to date information on the most competitive software of the moment."

About Scam Watchdog
Scam Watchdog is the #1 Binary Options Product, Signal and Bot Review Site. Users can get honest information about binary options and separate the scams from the real systems that work. Roy Tribble, who holds a Master's Degree in Cyber / Computer Forensics and Counterterrorism, runs the very popular website as a way to help the public find out which work from home products are effective and which ones are scams.

For more information please visit: http://www.scamwatchdog.org/