The Millionaire in PJs Review
Overall Ranking: 00/100
Price: free to sign up, minimum $200 to start trading, various paid memberships
Website: www.themillionaireinpjs.com
Table of Contents
Introduction: What is The Millionaire in PJs?
The Millionaire in PJs claims to be a binary trading options software. You can make money on complete autopilot (oh dear this claim again?) and within as fast as 60 seconds!
This software is completely free to use…. except of course the fact that you have to first deposit some money to trade with.
So what is this really about and can you make money from it? Well firstly when you arrive at The Millionaire in PJs website the only information you are given is the shown in the screenshot above. There are links to their privacy policy, terms & conditions and earnings disclaimer but other than that no other information.
So I enter my email address and I am sent to another form where I must enter my name, email address, country and my phone number. This page shows me that it is a 4 step process of signing up, creating my account, accessing the software and then making money. Seems easy enough.
The next step of accessing the free software takes you to the EZTradingbot.com and it turns out that the minimum amount to deposit into your trading account to get started is $200.
Of course I am not spending $200 on something like this so I go and have a look around their website.
There are different types of accounts too so the more you spend the more benefits and features you will have. And yes I’m not sure if you noticed either but a $200 dollar account is not shown on this list so now I wonder what benefits you get for that?
Let me just share with you too a very amusing phone call I got from them today, yes they called me. I was at home with my 2 rowdy kids when a man with an american accent calls me and wants to know why I never “completed my account setup”… ie why I never deposited $200. I explained that I entered my details to find out what it was about because there was no information on the website. When I saw that it claimed to be an automated system to make money with trading I lost interest. I told him I don’t believe in automated systems that make money and I know nothing about foreign exchange.
His response to that was that I can have an advisor. Now I thought this was very amusing. Why would I need an advisor for a completely automated system that makes me money? I was also wondering how much extra that would cost. I told him thanks, but no thanks I wasn’t interested.
He thanked me for my time and asked me if he could ask me just one more question. Do I not want to make some extra money? Umm yes, but not with this system thank you.
I was just sorely disappointed that he caught me at a bad time with my kids crawling all over me wanting to talk to him too. I would have loved to have received that phone call in peace and quiet with a note pad on hand so I could ask him lots of questions and take notes.
Is The Millionaire in PJs a scam?
In my opinion yes. The first sign of a scam is their name, this alone implies that you can be wealthy and lazy…. lie around the house or maybe not even get out of bed to make money.
The next scam indicator is the website with no concrete information on how you will make money, just asking for your details. Once again promises of a free system, yet suddenly a minimum amount of $200 must be paid.
The biggest scam sign for me is claiming that this is a completely automated system that will make you money, remember the rule… if it sounds too good to be true it probably is.
But this part really had me giggling, I thought this was a trading website right? So why then in their earnings disclaimer are they talking about gambling? Surely only a gambling website would mention gambling in their earnings disclaimer?
My Verdict for The Millionaire in PJs
I recommend you avoid this. Maybe you can make money and maybe you will lose money. Yes just like gambling, they mention it in their disclaimer and I think it is for a very good reason. This is not an automated money making system it is just a gamble. If you want to gamble I would recommend just going to a casino, I expect this would be a lot more fun. Go with some friends and have some drinks too. Why not? It sounds a lot more fun than giving your money into an automated system, going to bed and waking up to finding out it is all gone right?
Foreign exchange is not something I understand and not something I would get involved in. This is not because I believe it is a scam, it is purely because it holds no interest for me and also very importantly because I believe it is high risk. I also know nothing about it.
This is not to say that money cannot be made with Forex. I am sure that there are people with lots of knowledge and experience with Forex that make a lot of money this way. However I doubt these people use any system like The Millionaire in PJs!
Have you had any experience with The Millionaire in PJs? Please let us know what you opinion about them is in the comments.
Are you tired of scams or working online for pennies? Check out my #1 Recommendation!
The Millionaire in PJs Review
Overall Ranking: 00/100
Price: free to sign up, minimum $200 to start trading, various paid memberships
Website: www.themillionaireinpjs.com
