Simon Saunders, the spokesperson for Auto Profit Replicator, presents Auto Profit Replicator as a special software he created that focuses on winning binary options trades. However, if we dig a little deeper, we discover a different story. Keep reading as I show you the Devil in the details.\n\n\n\nProduct Name: Auto Profit ReplicatorProduct Website: autoprofitreplicator.comProduct Cost: Free, but there\u2019s a catchProduct Owner: Simon Saunders (Probably Fake)Opinion: Not Recommended\n\n\nClick to DISCOVER a Proven Path to Financial Independence!\n\n\nWhat is Auto Profit Replicator?\n\n\n\nAuto Profit Replicator is software the owner claims will automatically place binary options trades.\n\n\n\nIf you visit the Auto Profit Replicator website, you can watch a lengthy sales video narrated by Simon Saunders. Mr. Saunders, who is probably a paid voice actor, will tease you with images of wealth and personal freedom. Then he will tell you about a special software he claims he developed that generates winning binary options trades automatically.\n\n\n\nYou will also hear convincing video testimonies from people who claim Auto Profit Replicator has changed their life.\n\n\n\nIs Auto Profit Replicator a Scam?\n\n\n\n\n\n\n\nTo get an idea of what Auto Profit Replicator is, scroll to the bottom of the home page of the Auto Profit Replicator website. Be sure to read every word of small print.\n\n\n\nFirst, you\u2019ll notice that Auto Profit Replicator threatens anyone who copies anything from their website. Apparently, they do not want anyone reviewing or discussing their product. These threats suggest they are hiding something. Most companies want people to talk about them because it\u2019s free publicity.\n\n\n\nKeep reading, and you\u2019ll see that Auto Profit Replicator admits that they use actors in the video, that the claims made in the video are not reliable and that the testimonials do not apply to the average purchaser.\n\n\n\nWhat is a Binary Option?\n\n\n\nTo understand Auto Profit Replicator, it is necessary to understand binary options. A binary option is not a true investment option.\n\n\n\nIn investing, a true option is when you purchase the right to buy something at a set price at a specific time. For example, a wheat option might be the right to purchase a railcar of wheat for $5 a bushel by April 25th, 2017.\n\n\n\nWith a binary option, you don\u2019t own anything. You are simply betting that the value of an asset will move in a specific direction at a specific time. It\u2019s like betting on a roll of the dice.\n\n\n\nBinary Options is not investing.\n\n\n\nWith true investing, an investor can study the markets, the economy and the underlying value of the asset before making an informed decision.\n\n\n\nIn binary options trading, underlying value is irrelevant. Money is made and lost by the minute to minute fluctuations in asset values. Binary options trading is not trading. It's really not even trading. It\u2019s gambling. And usually, the house wins.\n\n\n\nBinary Options Trading is Unregulated Gambling.\n\n\n\nIn a casino, the house wins most of the time. With binary options, the broker wins most of the time.\n\n\n\nYou cannot trade binary options until after you have opened a trading account with a broker and placed a large deposit of cash into your account, usually $2,500 or more. At this point, the broker is like a bookie.\n\n\n\nThe broker has nothing to lose. There is no product cost. If you win, the broker pays you from the money deposited from other traders.\n\n\n\nBut, most of the time you will lose, and the broker will take your cash.\n\n\n\nBinary options are lucrative for the broker.\n\n\n\nA binary options broker makes a ton of money from the traders. Because it is so lucrative, the brokers pay high commissions to affiliates who entice traders to open a brokerage account. Once a new trader opens an account, the affiliate earns a commission that can range from $200 to $500 and higher.\n\n\n\nMany brokers even develop software for affiliates to give away to entice traders to sign up. The affiliates can name their software whatever they like. The broker is the source of the Auto Profit Replicator software.\n\n\nClick to DISCOVER a Proven Path to Financial Independence!\n\n\nThe Auto Profit Replicator Software.\n\n\n\n\n\n\n\nAll binary options trading software are about the same and produced by the brokers for the benefit of the broker. The goal is to transfer your money from your trading account to the broker\u2019s account as quickly as possible.\n\n\n\nThe software allows you to make automatic trades. You can set it to make one trade a day or a thousand or more. In the case of Auto Profit Replicator, the minimum trade is $25.\n\n\n\nSet the software to make a hundred $25 trades a day and it can quickly empty your trading account. Set to make a hundred $100 trades and your account could be dry before breakfast.\n\n\n\nThe Last Word on Auto Profit Replicator.\n\n\n\nAccording to the United State Securities Exchange Commission, most online binary options brokers are unregistered. Auto Profit Replicator is an unregistered broker. The SEC warns that unregistered brokers are known to steal people's money and their identity, and lock people out of their account.\n\n\n\nThe purpose of Auto Profit Replicator is to entice you into opening a binary options trading account. The software is free. The owner of the Auto Profit Replicator website earns a commission each time a new trader opens an account with the broker.\n\n\n\nBinary options trading is not investing. Most people lose money with binary options trading. It is not a legitimate way to make money online.\n\n\n\nIf you want to know how to earn money on the internet, my friends and I can help. We\u2019re a community of internet business owners who teach people how to succeed online. We\u2019d be happy to help you too. The place to begin is to enroll in our totally FREE starter course.\n\n\n\nClick Here to learn more about our free course and how we can help you make money online the right way.\n\n\n\nIf you found this article helpful or have experience with Auto Profit Replicator, please leave a comment below.