Fast Cash Bot-Is it a Scam?

This review is on a website I stumbled upon on facebook. I tried to find any info on it I could but there is not much information out there. So I am guessing this is a fairly new site. 

  • Name: Fash Cash Bot
  • Website: fastcashbot.org
  • Cost: Free to join
  • Hyip: Yes
  • Secured site: No
  • Location: United Kingdom
  • Company Certificate #07638215
  • Verdict: SCAM

What is Fast Cash Bot?

Fast Cash Bot says they are a high yield loan program and they are backed up by forex trading. They claim to have been in business since 2011 and have just recently decided to expand their business online due to their alledged success offline. They claim they are a team of investment experts, but I have seen this claim in almost every HYIP program online.

What Investment Plans Does Fast Cash Bot Offer?

There are 3 different plans you can choose from and they have different minimum deposits for each plan. The 200%/1 day return plan has a $200 minimum deposit, the 3 day 170% return plan has a $100 minimum deposit and the 5 day 130% return plan has a minimum deposit of $2.00. This is consistant with most of the HYIP’s I have seen in the past.

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Fast Cash Bot Payment Processors

There are 6 payment processors that are accepted by Fast Cash Bot. These are Skrill, Neteller, Payeer, Bitcoin, Solid Trust Pay, and Perfect Money.

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What the HYIP monitors are saying about Fast Cash Bot.

I have looked everywhere for some type of ranking with all the hyip monitors and I have been unable find anything on this company. As well as any reviews on Fast Cash Bot there are none. I am beginning to think that this is the first review of any kind on this company. I am not sure how much help it will be with very little information to go on. I am not willing to invest any money to find out if this is real or just another scam like most hyip’s are theses days.

How is interest paid with Fast Cash Bot?

Fast Cash Bot claims to pay interest 7 days a week rather than just on business days. You can withdraw at any time you wish and the minimum withdraw is $2 and they do charge 3% for every withdrawal made. All withdrawals will take up to 24 hours to verify and they say you should contact them if it takes longer than 24 hours. You must withdraw your funds with the same processor you deposited your funds with.

Can you make money from referrals without making a deposit?

Unfortunately Fast Cash Bot does not allow clients to collect commissions from referrals until they make an active deposit. I can not say I am a big fan of that condition. Most of the sites that I am involved with do allow commissions before depositing.

My Verdict on Fast Cash Bot.

I can say it is a scam but the fact that it is not a secure site I think I would stay away from it until further information is available. As I have stated in the past that 99% of hyip’s are scams and this one may be no different. There is however a good site that has a great reputation and you can find out more about it by clicking here.

Forex Paradise LTD

Cheers!