In this My Passive Trades review you will find an explanation of how this investment scam works.
This service also offers an investment plan where you can get up to 1.25% daily on your returns, which means 37.5% per month. Passively, you don’t have to do anything.
Should you want to be an active member and refer other people to the network, you can earn 11 percent across two levels.
My Passive Trades scam
There really is no need to dive deep into the business model of My Passive Trades to see that it is a scam. Because any business promising you 1.25% daily is a scam, there is no other possibility.
Because there is no way of generating a steady 1.25% daily return on investment in any legitimate business, that’s the reality.
The only question is exactly how the My Passive Trades scam operates. The usual scenario in these cases is a Ponzi scheme that redistributes deposited money without creating any real value.
This model is heavily dependent on deposits rising to satisfying the rising withdrawal requests. It is a model doomed the fail, the only question always is how long it will take before it collapses.
Scams like My Passive Trades usually last only weeks before they collapse and people realize they were scammed.
You should never invest money in these schemes not only because you don’t know when they will collapse, but also because every potential return would somebody else’s loss.
My Passive Trades review conclusion
My Passive Trades is a scam, an illegal investment scheme that is going down, it is just a matter of time. Avoid it!
If you want to try to make money in financial trading, start on a free demo account to see if you manage to build a profitable strategy.
Before potentially investing real money you have to understand the risks and know what you are doing.