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Quantum Securities 'Markets and You'

Discussion in 'Trading/Investing Resources' started by cmg, Mar 14, 2015.

  1. cmg

    cmg New Member

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    I received a call from the above followed by an email with a link to a video. I am not sure how he got my contact details.

    Some info from the email
    Markets And You are Australia's No.1 and Multi Award Winning Binary & FX trading alert provider.Marketing At Markets And You

    C| Quantum Securities Group Pty Ltd on behalf of Markets and You Pty Ltd | ACN: 163 076 319 | ABN: 13 163 076 319

    M| Lvl. 36, Riparian Plaza, 71 Eagle Street, Brisbane QLD 4000

    Has anyone heard of them or used their services?
    Thankyou
     
  2. Joe Blow

    Joe Blow Administrator

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    Let's take a look.

    Address is a Servcorp virtual office in the Brisbane CBD - Check
    No AFSL or PDS - Check
    No information about company staff or principals - Check
    Company registered recently - Check (December 2014)
    High risk binary options trading - Check
    No audited results - Check
    Cold calling - Check

    I'm not sure what their various packages cost but I think it's safe to assume that you will be handing over anywhere from $X,XXX to $XX,XXX.

    I dug a little further and found one of their job ads seeking professional telemarketers.

    quantum.gif

    They are promising telemarketers $150K a year plus bonuses, so a good chunk of whatever money you hand over to Quantum Securities ends up in the hands of the telemarketers who sold you on their "investment packages". Notice something else? They have a virtual office in Brisbane but their ad seeking telemarketers claims the job is on the Gold Coast. Hmmmmm...

    Quantum Securities are Binary.com affiliates meaning that they make money from all client trades. Here's a screenshot of the Binary.com affiliates page with more details:

    binary.gif

    In short, this is how the business model works. They charge you $X,XXX to $XX,XXX for one or more of their "trading alert" packages. They then send you trading alerts and make more money from you every time you trade, win or lose. I've seen a lot of similar companies over the years with the same business model. None of them seem to last long.

    Personally, I wouldn't touch Quantum Securities with a barge pole, and based on their website content, job ads and promotional videos, wouldn't recommend them to anyone else either.
     
  3. Modest

    Modest Well-Known Member

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    [​IMG]
     
  4. cmg

    cmg New Member

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    Thanks Joe and Modest
    Price mentioned was 10k to 20k though in his opinion he couldn't understand why the boss was selling so cheap as he believed the value was 50k to 60k.
    He wouldn't go into details as I hadn't watched the introductory video yet.
    He told me that last year if I had followed their advice I could have turned 2k into 100k and if he was going to send me a cheque in the mail for 100k wouldn't I find the time to watch a 20 min video. I should have told him to send the cheque.
    I couldn't find them reviewed anywhere so hopefully others will find this thread before and not after making a regrettable purchase.
     
  5. tech/a

    tech/a No Ordinary Duck!

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    I still find it amazing that people can be shown a video --promised the world by an un known un proven "Voice" on a phone---and then part with $10-20K

    Dumbfounding Stupidity at the very highest level.

    THEN a week or so later another post appears with another company with similar patter
    Options/Forex the main offenders----
    Then somehow the same question is different to this one and the 39 others on ASF!
     
  6. So_Cynical

    So_Cynical The Contrarian Averager

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    Watching Wolf of Wall Street and there is a similar line used by the call callers.
     
  7. openminded

    openminded Member

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    Everybody has the right to their own opinions whether right or wrong or on the fence.

    However, has anybody here currently or in the past been a client of Quantum securities?
     
  8. openminded

    openminded Member

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    Morning all,

    I would like to say that the amount a company pays it sales people is certainly not a way to judge what they do. There are many industries such as, brokers, mortgage brokers, real estate, financial advisors, office equipment sales and even holidays to which this is the norm. In fact it is more reflective of the success of the individual company than anything else.

    With the advent of the internet and cheap phone rates cold calling is the most effective way to get your product or services out to a broader range of potential clients. The old fashioned way of driving out to cold call on businesses is obsolete now. Unfortunately calls from unethical people e.g. the Indians that try and tell your computer has a virus or want to swap your phone or electricity over has badly tarnished that style of marketing.

    Also they do have a money back guarantee (conditions apply) and give you the opportunity to trial it before you decide to come on board. I have found it to be very profitable I was referred to them and now work for them but you need to make up your own mind. I'm not saying there are not companies that you should not deal with and I'm not saying binary trading is something that is for everybody. You need to have a good company with proven results a solid plan and stick to it to mitigate any losses.

    I am not spamming or phishing or endorsing anything but as this is a forum I would think personal opinions were warranted not just the negative ones. As with anything, take everything with a grain of salt (including my post), and then make up your own mind.
     
  9. The Falcon

    The Falcon Well-Known Member

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    ha ! Classic material this....pure gold.
     
  10. tech/a

    tech/a No Ordinary Duck!

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    So ----sales person (open minded) or anyone else working there can for $10K and $2k make $100kin a year
    Say 4K and $200k.
    Why then are they selling packages??
    Their commission cheque (Depending on whether they get 10k or 20k for the package sold) wont amount to that.

    I've a number of methods that return good money.
    No way am I going to sell them to the public---don't have to!
     
  11. skyQuake

    skyQuake Well-Known Member

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    http://quantumsecurities.com.au/ebook-download/

    Results show clear martingale strategy, and judging by the wins the payoffs are always smaller than amount risked (as with most binaries)

    Also looks like they need >54% accuracy just to break EVEN
     
  12. tech/a

    tech/a No Ordinary Duck!

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    Quantum 1.png

    Really?

    Quantum.jpg

    At this point 19 trade 3 losses and 1% profit.
    67% win rate--1% profit---ahhhrrrr
    Looks like 31% at risk in this trade!
     
  13. Miner

    Miner Well-Known Member

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    I hope we all know that most of the life insurance companies pay hefty commission from the first premiums to their brokers.
    My own experience is to get 50% of my first year premium back from my broker. Often you get 20% back.
    All of those products are excellent.
    Many companies pay 150% bonus to base salary. They are all similar techniques in different formats.
    Car sellers earn their high salary from commissions.
    What about brokers get millions with new IPOs managed ? How Morgan Stanley or Goldman Sachs or Investment Planners of famous banks (CBA listening) earn their Rolls Royce compensation ?? All from Client investment.
    Look at Wyndhum resort sales techniques.
    I am not suggesting that Quantum is a very legitimate nor have heard of them earlier. I am commenting on high commission paid to telemarketers. The salary level advertised could often comprise of the commission potentially to be earned.
    Having said that any company with an address of Fortitude valley or Gold Coast to be researched well before investing.
     
  14. openminded

    openminded Member

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    If you look at the big picture 5% is very aggressive trading. If you were only to do 1% on each trade being $100 per trade on each and every trade using your stats as an example.

    I'm not a real maths person so please feel free to check the figures I am using an average $90 return for each $100 trade.


    $1,890 in
    $1,300 out
    $590 return
    -$28 live access
    = $562 Profit

    Multiplied by 12 months Total of $6,744 Profit equal to a 67% return

    Your original table with 5% shows $1,081 profit per month -$28
    =$1,053 by 12 months

    equals $12,636 Profit pa

    I would definitely think that is a prosperous outcome.

    Once again I am not endorsing anything
     
  15. cynic

    cynic Well-Known Member

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    Really!?

    The posts that you've made to this thread strongly suggest otherwise!!

    Aside from the highly optimistic estimations of hypothesized past performance, the thing that intrigues me most is the bold claim being made regarding "tax free" profits:

    Are you able to direct me to the Australian Taxation Rulings that can confirm, or support, Quantum securities claims regarding the "tax free" status of generated profits?
     
  16. openminded

    openminded Member

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    With all of the dubious calls we receive these days a bit of skepticism is a good healthy thing.
    When I said I am not endorsing it I should have said
    " look at it yourself get your own facts and don't make decisions based on my opinion"
    I don't think its a good idea to make any decisions solely based on the opinions or advice of others. I never cared for the mob mentality. That's why only a small percentage of the population become very financially independent.
    I've heard of and experienced some pretty hopeless accountants and financial advisers and solicitors and they did endorse everything they did! not to say they are all like that of course.
    As far as I know the February figures would be the actual figures not estimations or hypothesized as you say. I didn't trade as I have been doing other things. Having a life time status makes it easier as I know I can go in and out any time.
    And as to whether it is tax free or not I'm not here to sell it or go into the intricacies of it. Simply put, I don't pay tax on my trading account, but even if I did I would recoup it through my negatively geared properties anyway. There's a million and one ways to minimize your tax, but the thing is you have to earn the money in the first place.
     
  17. openminded

    openminded Member

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    And I find it amusing that I should be jumped on by saying I don't endorse it and have actually experienced positive things.

    But nobody cares about the comments. "Don't touch it with a barge pole" "It's a scam!"and "I just want to stop people losing their money" from people who have never even used them. Which is an endorsement and advice.

    Everybody loves the bad news gossip but no one cares about the facts.
     
  18. cynic

    cynic Well-Known Member

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    In that case you'll like the contents of this post!
    As far as you know!

    In other words you quite simply do not know!!

    Does this mean that you readily believe Quantum Securities to have operated a live account with that actual starting balance of actual money, placed those actual trades at those actual prices and subsequently achieved those actual results for the month of February?!

    Weren't you the one opining that "a bit of skepticism is a good healthy thing"?

    And yet here you are automatically accepting claims of phenomenal returns as being true?




    I don't incur tax liabilites when trading my sim/demo accounts either!

    (Real profits generated via the trading of real accounts are, of course, an entirely different matter.)
     
  19. roper

    roper New Member

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    Even the person that they use in the testimonial is fake.
    here is a link to show the duplications of this photo around the world.
    https://www.google.com/search?tbs=s...x_1XnwFp-fcFagXuz47tmis9eHzgZ6Y0eUMkKZzf1R8Rg
     
  20. roper

    roper New Member

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    There are many dodgy things with this company.
    The audited results??? some are second hour and some are third hour in 2014... What strategy are you using??? cause as far as I can see they omit the bad results, then the numbers look good.

    Lets look at 2015 march april... the worst trading ever. To the point they exausted there account the same as all the clients who followed the trade recommendations.
     
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