Hi there! Welcome to MMOZ and my Lazy Trader review. If this is your first visit to the Make Money Online Zone Website then my name is Andrew and I sincerely hope that you find this page helpful. If you are here looking for Lazy Trader reviews because you are interested in joining the website, then you have done the right thing in visiting this review first. There are a lot of mixed reports online right now regarding this system and there is good reason for that. In this article I’m going to give you all the information that you need in order to make an informed decision before joining the Lazy Trader website. I must also point out that unlike many websites that you will see, I am not affiliated with Lazy Trader in any way. Welcome to my review!
Lazy Trader Review – First Impressions
It’s quite easy to see why many people would think that this website was totally legitimate. The Lazy Trader site looks and feels like a genuine opportunity to make money online. However, as soon as you start watching the sales presentation for this site we start to see some common traits that are associated with online scams.
Over the last couple of years there have been a massive increase in the amount of “trading” websites. Binary options trading has become the next biggest thing to try amongst those people looking to find a genuine way to make extra income online. Binary trading had also been portrayed as being an extremely easy way to make money as well. That is certainly the case with the Lazy Trader system. As the name suggests, this system is aimed at those people who are interested in making money online but don’t want to put in too much effort.
Fast Cars And Hype
Many people are drawn into systems like the Lazy Trader because they are impressed by the fast cars, good looking women and impressive claims. However, most of the time these claims are nothing more than over the top hype or outright lies. The huge earning claims and fast cars within the Lazy Trader sales video are there simply to convince you that this opportunity is genuine. To seal the deal, you are then told that you can test this amazing trading software at zero cost! Wow, it must be your lucky day, right? Well maybe not…
Is Lazy Trader A Scam? – The Facts
Unfortunately we have seen countless systems like this and new ones are launched each and every day. Is Lazy Trader A scam? Yes, without any doubt at all I can confirm that it is. Allow me to explain why this is a scam and how it works.
How the Lazy Trader Scam Works
As I have already said in this review, if you do a little research online you will see varying opinions on this system. This is largely because the Lazy Trader system encourages a lot of internet marketers to promote their software. Marketers that are affiliated with the Lazy Trader system will stand to make a commission if you get involved with this. So that’s why you will no doubt see a lot of people online saying that this system works. Unfortunately, that is not the case though. What makes the Lazy Trader a scam is the fact that this software was never designed to make you any money. In fact if you get involved with the Lazy Trader you will definitely lose money.
You may well be wondering how you could possibly lose money with a free system? Well, the answer is simply that it’s not actually free. The creators behind this scam give away a fake software which in turn gets you to sign up with one of their chosen binary options brokers. In order to make the software work you are asked to fund your account with a minimum of $250. And this is where you lose your money!
As soon as you deposit money into one of their chosen binary brokers and activate the software, you money will begin to disappear. The worst part about this scam is the fact that there is very little that you can do about this, if you have already started the process.
The creators of the Lazy Trader take a commission for every deposit that is made into one of their broker accounts. This is how they make their money from what might at first seem like a free system.
The scams that keep on taking your money
These scams don’t just stop at taking a commission and letting you lose your money either. The plan behind these scams is to take as much of your money as possible. Most of these systems will ask for a lot of personal details including your name, address and telephone number. By entering your details into the Lazy Trader system, you are also entering your details into many other systems too. Your personal details will be sold for profit and passed on to other binary trading companies who will try to sell their services to you.
You can also expect a call from the binary broker that you signed up to, if you join the Lazy Trader. These guys will want to confirm your details and activate your account manually. This is just another excuse to sell you more services and training. Should you make the mistake of joining the Lazy Trader scam, please be very careful when dealing with binary brokers. Many of these companies will try to offer you services that sound amazing. But in reality all they want is your money! There have been reports in the past of people losing thousands of dollars to scams like this. And getting your money back is near impossible!
Do Yourself A Favor!
If you are looking for a genuine way to make money online then there are several things that you should look for. First of all you should always know exactly what you are getting involved with. Everything should be totally transparent! If you are unsure about something then you should be able to make contact with someone that you can ask. If you want to see the system that we recommend for earning money online, take a look at the link below.