Are you looking for Passive Income Bot Review for making money, then I would recommend you to read the full scam review thoroughly before taking any steps of considering Passive Income Bot because today’s internet is full of Scam reviews as well as legit reviews.
But don’t worry, this Passive Income Bot review will help you make a wise decision. So, let us check out other details of the system of how it works and other information that will help you to trade easily without any hesitation.
Passive Income Bot Review – Scam System – Warning !!
Speaking of unlicensed and non-regulated brokers, in this article, we are going to discuss and expose a new automated binary trading software; called Passive Income Bot software, whose developers are claiming that by using the software, you will be able to make thousands of dollars in a day.
After Forex trading, binary options trading is considered the second largest market, from new-new online to automated trading software, with each passing day, new companies are trying to enter into the binary options trading industry.
Binary trading has not only gotten the attention of millions of traders and brokers but since few years, it has also become a common target for fraudsters. These days, if you come across ten binary trading websites, you’ll see that 4 out of 10 are fake.
Some of them sites that seems to be genuine, but are actually sponsored by some non-regulated or unlicensed brokers. This kind of brokers comes up with a new site like Passive Income Bot every now and then, which makes it quite difficult for them from getting identified.
Passive Income Bot Review : Scam Tricks Exposed !!
If you are reading this Passive Income Bot review , then it’s pretty obvious that you got any kind of mail or you came across an Ad for them, well, that’s one of the tricks this kind of sites use for luring users. And, one of the common traits about this type of sites is that, you’ll surely come across a video in the middle of the Passive Income Bot page, followed by some snaps or testimonial videos, however, you’ll never see any kind of details regarding the customer service, the types of assets they offer, regulating agencies, and much more.
As we started our research, like you, we also had to visit their Passive Income Bot site for getting all the information we needed, and soon as the page got loaded, we were greeted by a video, which again is not surprising with such kind of sites. What surprised us was the design, and layout of the site, which kind of looked like the one we have seen in the past while exposing such fake trading sites like Binabot, 50K, etc.
The only changes we noticed on the Passive Income Bot site was the representative, and the testimonial, all the rest is quite common. Although some of you might disagree with what we are stating about them, and honestly, it’s not surprising, this kind of unlicensed brokers even pay some of the site owners to write a false review about them. This kind of misguided information benefits the brokers, as they got a good number of customers through paid reviews.
Who is Mr. Carl Razinski? The Fake Passive Income Bot CEO !!
If we go with this Passive Income Bot video, then Mr Carl Razinski seems to be the brain behind this ground breaking software, however, when we looked for him in social media sites we didn’t find any kind of information about him being the founder of this software.
And, on top of that, it seems that Mr. Carl Razinski doesn’t exist in real life, the reason we are stating is that because we looked for him on sites like Facebook, Google+, Linkedin, etc., but we didn’t come across anyone named Mr. Carl Razinski, which is founder of Passive Income Bot.
Passive Income Bot License and Regulation:
Throughout the whole Passive Income Bot video, you’ll only get to see how you can make thousands of dollars using this software, but, not in the video, or in the site, there is any kind of information regarding the broker’s license or regulation.
From a user perspective, these are some of the key information, which a broker must have, and in case, if a broker doesn’t have such information, then it’s a clear indication that they are not transparent with their customers. This basically means if they charge you some extra dollars or include some clause in their terms and conditions, you won’t be able to do anything about it.
No declaration About Assets
This has become a common thing, time to time this kind of fraudsters fails to provide any kind of information regarding the assets, the software lets you trade on, usually if you check out the websites of some of the authenticate brokers, then you’ll see that all the information regarding the asset types and the total number of assets are given on the website itself, but that’s not the case with Passive Income Bot App.
Therefore, if you are someone who has a good knowledge about commodities or currency pairs then you are completely blindsided.
No Information About the Trading Platform
In the whole Passive Income Bot video, not for once, Mr. Carl Razinski gives any kind of information about the trading platform, their software is using. Even though, he claims that his software has a high accuracy of winning trade, but there is no official confirmation.
Just ask yourself, if the software is so good, why there is no news about it, and top of it, why they are offering it for free of cost, doesn’t make any sense right.
The Passive Income Bot Customer Support is Non Existent !!
If you are convinced that they are offering a genuine automated trading software by which you can make almost 50K a month, then this will make you ask yourself, why they haven’t provided any kind of information about the customer support.
First all, there is no reviews or information about the Passive Income Bot software compatibility, whether or not it can run on cross platform. So if you wanted to know, there is no way of knowing that because they didn’t provide with any kind of live chat option, or any kind of toll-free number, which would certainly make anyone quite suspicious.
In addition to that if you face any kind of issues while using this software, you will be left out of options, as there is no helpline number or live chat support.
Update :- ASAF WEINSTEIN is the Scammer Behind This Software !!
( Source & Credits – BinaryOptionsDoctor.com )
The Passive Income Bot’s Founder’s real name is ASAF WEINSTEIN. He is from the middle east. Asaf Weinstein is the main man behind this Passive Income Bot and the Blog called BinaryScamAlerts.com. He has released many scam software and made traders lose their cash. We have secretly monitored him and his activities and finally caught him red-handed. Never trust this Patrick AKA Asaf and his binary blog www.binaryscamalerts.com. He is a scammer. Never join this Passive Income Bot scam.
Final Verdict : The Passive Income Bot is Confirmed SCAM !!
It would be quite fair to say that the Passive Income Bot is nothing more than a scam, there were are several things about the system which we found to be quite shady. For example, the site didn’t have various important details, which was a clear sign that they weren’t transparent.
Regardless of that, they also doesn’t seem to provide some crucial information, which also includes their toll-free or contact number. Moreover, a review video representative who introduces himself as the founder doesn’t exist in real life, hence, it doesn’t matter whether you are a beginner or a pro, don’t sign up or think of downloading Passive Income Bot software, because at the end of the day, it will be who whose hard money is going to get wasted.