Has anyone heard of or used the services of Share Express
Has anyone heard of or used the services of Share Express
BKB have you had any dealing with Share Express and id so have they been positive?
have been contacted regarding trading in CFD's by Share Express. I provide the money (min 20K) and for a annual fee ($5650) they managed my IG Account, e.g they select, buy/sell the CFD.
Has anyone have any knowleadge re this stratergy and any dealings with Share Express..............
I had an old mate phone me up back in Feb because he'd been contacted by this mob.
(Mind you, just the fact that you are contacted by these guys should have you running!
The little I checked out about them didn't look good (nor did I expect it to, of course).
I told him to steer clear. He did.
I understand that, the right person in the right place (like my old mate) - things like this can hold some appeal (if you don't know any better). I'm just glad he got in touch with me before handing over any cash.
Regardless, being solicited for financial products should have you hanging up on them in the first place.
My name is Marie and I make up part of the Share Express customer support team. My role is to answer any questions or concerns related to the services we offer and ensure every client remains completely satisfied with us.
If I can be of any assistance to you please contact me on 1300 739 594 between 9am to 5pm Monday to Friday or alternatively by email at firstname.lastname@example.org. I am happy to help you personally.
Share Express Customer Support
I like your website. I'd give it a 8 or 9 out of 10. You should post some vids of people meeting in your serviced offices.
Amongst other things, you're "fully insured by Global Insurer". Can you explain what that means?
Artificial Intelligence is no match for Innate Stupidity.
I have been approached by Share Express, they will contact me again shortly with more info. Their fees are apparently 0.17% on each buy/sell transaction. eg. for a $10,000 transaction they would charge $17. This could mount up however if they do a lot of transactions on the account.
Does anyone else use this company and with what results?
The above comments should not be considered as financial advice. Readers should seek professional financial advice appropriate to their own personal circumstances.
I used their services. My $20K investment was ahead for one day, then declined on a daily basis after that. Overall, a very bad experience.
Plenty of feedback on this thread. If that doesn't tell you to stay well clear I don't know what will.
Also, a representative of the company made one post stating they would answer all question...then disappeared without trace. Everything you need to know right there.
It's great when these types of companies post on forums like this as it makes everybody aware of what to avoid.
My posts are for educational purposes only and should not be taken as financial advice in any way.
I passes over some money to "SHARE EXPRESS'',for a managed account, but after reading the fine print in the agreement I am not sure about going through with it. Can anyone tell me their experiences with this company?
I am feeling a bit like an idiot!
If you are just unsure about what you've got yourself into, read the fine print and ask specific questions here on the forum. And maybe hold onto your units until you know exactly what's going on.
If you feel like they are a dodgy company, do a search of the directors. Make sure the office is a real physical office on Google street view. Visit the office in person or get someone to physically go there and have a little look around and speak to the staff. If there are any images of people (staff, directors) on the website, reverse search them on Google to see if they are real people. Google the words "scam + [director name]" or "scam + share express". If you find something and need clarification, post what you find. Call ASIC and ask them. Lots you can do. Also check scamwatch.gov.au
Report them if anything is illegal or questionable. Scamwatch.
I see Joe has moved the thread to tack it onto and old one. Doesn't look good, does it?
Last edited by Gringotts Bank; 26th-November-2015 at 01:03 PM.
I just had an interesting experience with Shares XP - a trading name for Share Express Pty Ltd.
They rang us. They made an introductory offer ending 29 Feb as they were "entering the retail market after years of success in the professional investment market". The offer was that we pay only a one-off fee of $4900 and they waive the annual fee of $5750 in perpetuity.
They gave us a login so we could talk through an online presentation. I took screenshots. One slide showed the stockmarket curves for various countries dating back 15 years, all of which showed no glitch at all in 2008. In 2008 they had their lowest return of 15%. The highest was 52%.
They claimed to have been in operation since 2004. I did an ASIC search and found that the company was registered in 2011 and has had 1 change of name, 5 changes of registered address and 2 changes of director in that time.
Their website says they are an authorised representative of Olive Financial Markets Pty Ltd, which in 5 years since registration has had 1 change of name, 4 changes of address and 2 changes of director.
Like the other posts on this forum, I was unable to find any mentions of its share performance in google searches other than on its own website.
It's primary trading mechanisms were CFD and short selling.
All of the above is just the facts as I experienced them. Guess what, I won't be buying.
I have just had a similar experience. I don't know where they got my number from, but their promised returns are too good to be true. Thanks for the thread, I am going to steer clear of them now.