Binary Option Robot presents itself as a free browser-based software that will automatically make binary options trades for you. However, is Option Robot a scam and how dangerous is it?\n\nProduct: Binary Options Trading Software\nProduct Website: optionrobot.com\nProduct Cost: Free but there\u2019s a very big catch.\nOpinion: \u00a0Not Recommended\nClick to DISCOVER a Proven Path to Financial Independence!\nIs Option Robot a Scam?\nAt first blush, Binary Option Robot appears to be a free a software that automatically makes binary options trades. It's even linked to several binary options brokers. However, there is a lot more to this story and it's not pretty.\n\nAccording to Binary Option Robot, all you have to do is join, deposit your money and start trading. They even claim they have an 83% winning rate.\n\nDon\u2019t believe it! Trading binary options is NOT investing.\n\nYou can choose between three trading systems, the Classic System, the Martingale System and the Fibonacci System.\n\nNone of this means anything because what Binary Option Robot doesn\u2019t tell you, is that you will lose money regardless of what system you use. It\u2019s all a charade.\n\nNo licensed financial consultant would ever recommend trading binary options as an investment strategy.\nWhat is Binary Option Robot?\nBinary Option Robot is a gateway to binary options brokers. Binary Option Robot is compensated for every sucker they deliver to these brokers.\n\nWhy do you think they offer their software for free? It\u2019s bait to lure you into a trap.\n\nTo understand Binary Option Robot, you must first understand binary options and binary options brokers.\n\nFirst, let\u2019s look at binary options brokers. There are registered brokers and unregistered brokers. Unregistered brokers are scams. Registered brokers are scams too but on a higher level.\n\nAn unregistered broker can promise you anything and do anything because no authority is watching them. Their objective is to get your money. Money only flows one way with unregistered binary options brokers and it ain\u2019t into your pocket.\n\nThe United States FTC warns that unregistered binary options brokers are suspected of stealing people\u2019s identities, manipulating trading software to force losing trades and freezing trading accounts.\n\nIn other words, if you open an account with an unregistered broker, you will probably lose your money and possibly have your identity stolen. Most of the binary options brokers linked to Binary Option Robot are unregistered.\n\nThe only registered broker linked to Binary Option Robot is Opteck, which is registered with CySEC, the Cyprus Securities Exchange Commission. However, don\u2019t expect CySEC to help you if you lose your money with Opteck.\nClick to DISCOVER a Proven Path to Financial Independence!\nWhat is a binary option?\nA binary option is nothing more than a bet, otherwise known as speculation. Trading binary options has nothing to do with trading. Nothing is traded.\n\nWhen you place a binary option trade with a legitimate binary options broker or exchange, you are betting that a specific asset will behave in a specific manner at a specific time. Statistically, it\u2019s like trying to hit a moving target with your eyes closed. Good luck!\n\nIt doesn\u2019t matter how smart your free software is or how many advisors are on your team or what secrets they promise to reveal.\n\nStatistically, it is nearly impossible to get a binary options trade right unless you have inside information.\n\nThe binary options market was NOT created for the small investor. It was created for the very large investor, like hedge funds and pension funds who manage accounts worth hundreds of millions of dollars.\n\nLarge investors who control massive amounts of stock are the only ones who know when an asset will behave in a specific way. When these big investors dump stock on the market, they know the price will go down, so they place the appropriate binary options trade and reap the rewards.\n\nHowever, for the large investor to make millions with their binary options trades, they need thousands of small investors on the losing side of the trade. That\u2019s where you come in, and that\u2019s as good as it gets with binary options trades.\n\nAnother thing, the big investors don\u2019t use free software from a questionable website. The big boys use supercomputers that make thousands of trades a second all day long. You can\u2019t win. Learn more about binary options here.\nThe Curse of the Unregistered Broker.\nNow that we have seen the game from the perspective of a registered broker considered the UN-registered broker. The unregistered may not even be in the binary options market at all. There is no way of knowing.\n\nIn most cases, if not all, the unregistered broker is nothing more than a stranger in a foreign country trying to talk you out of your money. The entire binary options story is just that, a story.\n\nThe objective of the unregistered broker is to talk you into funding your account. Binary Option Robot recommends you deposit a cool $1000. Remember, money only flows one way with these guys. Money goes in, but it doesn\u2019t come out.\n\nIf you deposit money with an unregistered binary options broker, the software will show you made a nice profit. You didn\u2019t. The broker is trying to get you to put more money into your account. You\u2019ll never be able to take that money out because it\u2019s not real.\n\nIf you deposit more of your money with the unregistered broker, they may let you believe you are winning until you try to take the money out of your account.\n\nOnce the unregistered broker thinks they have as much money out of you as they can get, they will lock you out of your account and keep all the money you put into it. You can\u2019t win.\nThe Ugly Truth About Binary Option Robot.\nThe truth about Binary Option Robot is in the Risk Disclaimer. Scroll to the bottom of their website homepage. There you will find the Risk Disclaimer written in tiny print that is very hard to read. I posted an excerpt below.\n\u201cTrading binary options is highly speculative, carries a level of risk and may not be suitable for all investors. You may lose some or all of your invested capital; therefore, you should not speculate with capital you cannot afford to lose.\n\nPlease note if you are from the USA, some binary options companies are not regulated with the United States. These companies are not supervised, connected or affiliated with regulatory agencies . . .\n\nWe warn US citizens of the dangers of trading with such entities and strongly advise they take legal advice on this in the US.\u201d -OptionRobot.com Risk Disclaimer.\nGet Real.\nTrading binary options is NOT investing. If you do not have a clear understanding of what it means to invest, I recommend my article "How to Invest."\nClick to DISCOVER a Proven Path to Financial Independence!\nA Better Option for YOU...\nWork at Home in Your Pajamas.\nWhen you try to find a real way to make money on the web, you are met with a world of lies and misinformation. It's a minefield of deathtraps for as far as the eye can see. That's why I'm devoted to helping anyone learn how to make money online the right way.\nMaking money online is a lot like making money anywhere else. It takes skill and sustained effort. Fortunately, the internet permits you to leverage your efforts, so you can make more money faster online.\nBut, this doesn\u2019t mean you can get rich overnight. It means with the proper training and support, and if you take action, you can be financially independent in years instead of decades.\nAnd it's not difficult. I'm convinced anyone who can send an email and surf the web is capable of building a profitable internet business, IF they are correctly trained and supported. That's why I promote the FREE Starter Level of the Online Entrepreneur Certification Course.\nThe FREE Program shows you the fundamentals of digital marketing and will introduce you to an amazing community of digital marketers who are eager to help you.\nWhen you sign up for the FREE Starter Course through this website, I'll coach you one-on-one at no cost.\nFor More Information, Click Here.\nIf you found this article helpful or have experience with Option Robot, please leave a comment below. Thank you.