Passive Income Bot Review, SCAM Free Software FINALLY!!
Passive Income Bot Review, SCAM Free Software FINALLY!!November 9, 2016
The Passive Income Bot software created by Carl Razinski and Mark Foster has finally launched. This much anticipated app and auto-trader could be the “next best thing” as our staff of researchers has actually tested this app and it passed with flying colors. It seemed odd at first, but as we progressed the win ratio climbed and we reached an ITM rate of around 83%, which is very respectable according to any criteria. But, as we all know there are new scam apps hitting the market practically every day so we had to make sure we are dealing with a legit system. So we let other people try it out and the conclusions were very clear, we had stumbled onto a solid trading app which actually performs consistently as advertised. In this context, we consider it to be an absolute sensation where trading enthusiasts are concerned. Keep reading to see what this interesting app is about.
Passive Income Bot SCAM Review
The story starts when Carl Razinski introduces himself as the owner and creator of the Passive Income Bot. He goes on to explain how he developed the software with Mark Foster who left MIT and began programming code. The main idea behind the software and what differentiates the algorithms from other binary options robots is the fact that non linear algebra is used and that is where the Razinski-Foster trading algorithm comes into play. This algorithm acts as a buffer which minimizes the risk levels which occur due to various inconsistencies and unpredictable events that influence the state of the economy, and also factors in cyclical events like the seasons changing, the Superbowl, or boxing day. All of these influence our behavior and in-turn the economy and Wall Street.
Things Worth Noting
The website is in HTTPS, that is something most systems don’t offer these days. This not just a feature, and means the trading environment is completely safe and the information is encrypted and stored on external servers. The technology is new and innovative, and the narrative is authentic in ways not previously seen.
The testimonials are legit and these people can be reached through their Facebook accounts as real references to validate their statements. We have already done this and can confirm we are dealing with real people who have experienced the software first hand and are completely satisfied with it.
The live results section is also very nicely presented, however we did notice a bit of lag in the information since we checked the strike rates. It was explained to us that there are delays in expiration times having to do with server communication. This only means the information may be presented with a delay, but in reality there is none.
The graphical elements explaining the Razinski-Foster trading algorithm are also very impressive, but even more so is the simplicity of operating the software. In terms of transparency, there is a clear message indicating that the software will start to work immediately after funding it so that is honest. When we asked about the brokers it was explained to us that the selection process was very strict, and only the most reliable brokers were chosen. We inquired about regulation and were told that some brokers are regulated but those will not accept most traders due to their place of residence. So based on your location as well as other factors, a broker is assigned to you.
Fake logos, bogus testimonials, falsified certifications, inflated bank accounts, and ripped off image bank photos could not be found. This places the system in a different category when it comes to legitimate trading tools.
The trading area is very easy to understand. As Mark said, “all you have to do is hit the start button. We have done all the work so you don’t have to”.
Why Are We Endorsing This System?
To put it plainly, it performs and that’s the bottom line. We started out with $500 and its been 3 days. Our balance is currently $950 and we stopped it for 24 hours to see if the trades would expire in the money. There are no magic or super sophisticated techniques or strategies, you can turn it on or off and the system does the rest for you. In this sense Carl was correct, and there is no learning curve.
How Much Does it Cost?
The software is provided at no cost, you will however need to fund a trading account in order to use it. This will cost you at least $250 to get started.
We Asked the Hard Questions
We asked the support staff why is the broker selection process decided for us since we believe this to be extremely important. The response we got was both timely and logical. We were told that brokers are selected according to their level of performance and if we have a special preference they will surely try to assist and connect to the preferred broker, but there is a selection of brokers which are available so brokers are not “forced on you” as in other systems. Another issue we noticed is the fact that some of the brokers were not regulated, so naturally we inquired about this and were told that there is a mixture of brokers and the first priority is to allocate a regulated broker. Again, if you reside in a certain country these brokers will not accept you since their license forbids them to do it, so they selected other brokers which we looked into ourselves. This is a very sensitive issue for us, so we have a special mandate here to intervene and in unique cases represent the traders as well as speak directly with brokers to make sure there is no foul play, withdrawal issues, or misrepresentation of the facts. Finally people wanted to know about a demo account, so the response we got was that it was abused by traders who received free access and started paper trading on other broker accounts. Naturally the software didn’t work because it wasn’t properly integrated but the people still complained so they decided to just take it down for that reason, but now since we asked them to bring it back they did it for a trial period. If it goes well they will let it stay.
It’s worth mentioning the quality of staff and level of customer service was extremely high. We felt we were dealing with intelligent, truthful, and patient people who really tried to help without being too pushy or overly aggressive. This is an unexpected and refreshing break from common industry standards which simply prompt you to fund an account and don’t answer difficult questions.
Auto-traders Versus Signals
If you are searching for a solid trading tool you will have a choice. An auto-trader will provide you with a hands-off solution adapted to a busy lifestyle. A signals tool will give you more control over your trades and provide you with additional flexibility. We showcase all the best systems in our recommended section.
Is There Any Risk Involved?
Of course, you may risk losing your initial investment and that is something everyone should be aware of when it comes to any form of online trading.
The feedback we just received today further validates our initial premise, the system while a bit crude and lacking flexibility was able to achieve solid results consistently and this is no small feat.
Review Summary and Conclusions
While it may seem a bit out of the ordinary, the Passive Income Bot software created by Carl Razinski and Mark Foster has proven to be a genuine and legit trading app with superb accuracy levels and consistent results. We have tested a variety of apps and auto-traders, but this software really takes it to the next level in terms of simplicity and user-friendliness. Customer service was also sharp and responsive so when we started asking difficult questions about brokers and cashing out all the answers made sense even if at times we didn’t like it (but that’s life nothing is perfect). Overall we had a very good experience and we are recommending it to our members and viewers without any form of hesitation or doubt and do not believe it to be a scam.