• Australian (ASX) Stock Market Forum

World Binary Exchange

Discussion in 'Brokers' started by franky73, Aug 16, 2016.

  1. franky73

    franky73 New Member

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    Hi, i got a call from this company for a 3 day trial free of charge.
    I wander if anyone has used their services before?
     
  2. RowanC

    RowanC Active Member

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  3. WBE Services

    WBE Services Member

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    Hi,
    This is the public relations department at World Binary Exchange.

    First of all, to clarify RowanC reply:

    The thread is about another company where we are mentioned at the very end about 18 months since the thread originally started.

    Regarding the two comments in that thread:
    • The company formation was in 2013 first under the name global intra-day commodities and later that year changed to World Binary Exchange. All this information is publicly available at the ASIC website since we are an Australian registered company and therefore we oblige to Australian rules, regulations and taxes.
    • Our correct contact details are listed on our website the Sydney office opening hours are MON-FRI from 9am to 4PM.
    • All our results are published on social media, these results can be independently verified trough public market data providers like Bloomberg, Google finance, investing(dot)com or any other reputable provider of financial data. In addition to that clients have access to results and account activity through our private web interface were everything is accurately recorded.

    So franky73 please don't be misled by information that is not correct, and since my records state that you are currently attending the trial please post your experience once you have completed that would be really appreciated.
     
  4. minwa

    minwa Well-Known Offender

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    Different company, same people behind it, same crap. Just more expensive at $12.9k for entry level and $194k for VIP - lol.
     
  5. mjim

    mjim Well-Known Member

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    -So do you have a AFSL? your product seems to be Selling of Financial trading signals or you are just Australian registered as a private company ( which any body can do for less than $2000)
    - Which Binary broker / product do you people have to use to trade your signals? where are they regulated? do you get any financial benefit from them ? becasue Binary is a OTC there is normally a conflict of interest between a trader and the "Broker" Could you please clarify?
    - Your claimed performance is it independently audited by an Australian licenced Accountant?
    - If your signal service is so good I am sure your company and your staff trades itself, Are you prepared to show proof of that?
    Let not bit around the bush ...!
     
  6. libra

    libra New Member

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    World binary exchange has change me and my family life 6 years ago me and my husband where working 60 hour weeks just to pay the mortgage now we are both retired yes traveling the world spending more time with grand kids and we have also set the hole family up with world binary exchange even my grand daughter who is now turn 25 has just purchased her first home in Melbourne.

    Me and my hole family would recommended World binary exchange to anyone looking for a safe investment with a large company that puts there clients before profits or share holders

    since February 2013 I have made between $4000.00 & $7000.00 USD per month and in June 2016 I made over 38% for the hole month of June.

    And to if check out World binary exchange Facebook page https://m.facebook.com/worldbinaryexchange/
    That face is from 1st of August 2016 to 5th of August I made 37.8% return in just one week.

    For people reading this I am a client at world binary exchange and when my account manager ask me to place a review on this link Aussie stock forums I was only to happy to put my option here.

    I hope my comments have be helpful to the reader on this forum as Iv only just join today and I have found the hole Aussie stock forum to be very informative.
     
  7. Bruce Miller

    Bruce Miller Member

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    Hi All,

    I was asked by my account manager at world binary exchange to comment on this forum.

    As a client of world binary exchange , granted only for 3 months, I can honestly say i have been more than impressed as they have over delivered on everything i was promised.

    I would strongly suggest that people do what i did, take part in the FREE 3 day trial and then form their own opinion, because lets be honest most people who post negative comments on these type of forums are either ex-employees, competitors or just people who have nothing better to do with their time.

    Please feel free to private message me and I will respond individually

    Kind regards
    The Miller's
     
  8. DaveDaGr8

    DaveDaGr8 Well-Known Member

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    NO ... people post negative comments because when a bunch of one post wonders start a thread and preach about 38% returns in one month we ALL roll our eyes.

    I Call BS.
     
  9. WBE Services

    WBE Services Member

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    Hi minwa,
    Thank you for your opinion,
    Fortunately, the world doesn’t roll around opinions but facts, therefore stating that the same people are behind it therefore it the same "crap" it’s quite offensive toward my colleagues and me personally wo have no affiliation whatsoever with the other comapany.
    Why don't you go ahead and download the ASIC details and spend a few bucks of the fortune you made and then come back to give a proper comment "yes I did go through your profile and well done on your accomplishments".

    About the cost of the subscription, first of all they are on a multiple year basis then you as a trader probably know that anything that has to do with finance,
    from real-time market data to analysts like yourselves all come with a hefty price tag.
     
  10. Bruce Miller

    Bruce Miller Member

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    I have simply posted my experience under my real name, and not a fake name which most on this forum seem to use, what are people hiding from!!!! I ask?

    How can anyone comment unless they have tried something!

    They said once that man would never go to the moon he did, they said and laughed at bill gates when he had a vision, they said the world was flat at one point. They said that facebook would never work and everyone laughed at steve jobs.

    The point is hide behind comments that you cant support using fake names or be honest and stand by your own comments.

    thanks
     
  11. cynic

    cynic Well-Known Member

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    Are you saying that Mark Tencaten isn't involved with WBE?
     
  12. minwa

    minwa Well-Known Offender

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    This is so funny, even the shill marketing is so bad.

    Just google world binary exchange libra goodman and you will get a "hole" bunch of comments from this name copy pasting the same thing, except with different dates in the "testimony" LOL.
     
  13. WBE Services

    WBE Services Member

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    Hi mjim,
    Here your questions answered:
    - Do you have a AFSL?
    No we don’t as we are not providing any type of financial advice to our clients!

    - or you are just Australian registered as a private company (which anybody can do for less than $2000)
    Yes, we are just like most other businesses in Australia registered as a private company, that obeys to the rules and regulations set by the government of Australia.

    The company pays taxes in Australia and the same stands for our other offices in Hong Kong and London.

    If you are employed by someone and don't work for a publicly quoted company, then even you work for a company that your boss “setup for less than $2000"

    -Which Binary broker / product do you people have to use to trade your signals?
    Clients can choose from a variety of online brokers that provide platforms to trade binaries.

    -Where are they regulated?
    Although there are many brokers on the market to trade binaries I would have to say that 80% of them fall under the umbrella of 4 main trading platform providers that retail their product for an affiliate fee and share of profits and these are mostly publicly traded companies. Most of them are regulated just like any other big companies, in places that favor their bottom line therefore in places where taxation is pretty low or they can strike good tax deals. Therefore, it's pretty irrelevant where these brokers "or better the companies that provide the services to them" are regulated because smaller countries will often adjust their rules and regulations to these market makers in order to cash in on a share of their business revenue.

    -Do you get any financial benefit from them?
    No we don't, as clients can choose where to trade on their digression. It would be a conflict of interests to associate with any of the providers and with the variety of brokers available it is pretty impossible.

    Do we recommend certain broker over others? Sure we do as it's in our interest that our clients are able to withdraw funds from their accounts without any unwelcome surprise.

    -Your claimed performance is it independently audited by an Australian Licensed Accountant?
    Well I never claimed that it is, nevertheless our results are publicly available therefore can be audited by anyone who likes to do that, we have nothing to hide.

    -If your signal service is so good I am sure your company and your staff trades itself, are you prepared to show proof of that?
    This again is a conflict of interests, we provide a service and in order to excel at it we cannot put ourselves in a situation where we would be biased based on how well or how bad the trades when on a particular day!

    That said there may be the odd employee that has access to signals beforehand that does trade themselves, but I cannot say for sure as my department like most others do not have access to signals before expiry time.

    Please feel free to ask any additional questions or clarifications without “bit around the bush”
     
  14. minwa

    minwa Well-Known Offender

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    They don't have one. http://scamoption.com/question/world-binary-exchange/
     
  15. minwa

    minwa Well-Known Offender

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    w.png

    You call this publicly audit-able ? Dosn't even say going long or short how can any audit that - let alone not real time.
     
  16. greggles

    greggles Member

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    OK. I just downloaded the ASIC company details, and they are as follows:

    Global Markets Australia Pty Ltd (Deregistered 15/07/16)

    Previous Directors: Mark James Tencaten and Brett Allan Mendham
    Previous Secretaries: Mark James Tencaten and Brett Allan Mendham
    Shares Issued: 200
    Previous Shareholders: World Trustees Ltd A/T/F The Tencaten Family Trust (100 Shares) and World Trustees Ltd ATF The Mendham Family Trust (100 Shares)


    World Binary Exchange Pty Ltd

    Director: Maurice McGarrell
    Secretary: Maurice McGarrell
    Previous Directors: Brett Allan Mendham and Mark James Tencaten
    Previous Secretaries: Brett Allan Mendham and Mark James Tencaten
    Shares Issued: 200
    Shareholders: World Trustees Ltd A/T/F The Tencaten Family Trust (100 Shares) and World Trustees Ltd ATF The Mendham Family Trust (100 Shares)

    Interesting. Will do some more research.
     
  17. libra

    libra New Member

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    i am all for freedom of speech...... but clearly Dave you have issues as i am only giving my honest and personal option on my personal experience.
     
  18. WBE Services

    WBE Services Member

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    Hi minwa,
    Do you have any affiliation with that site?
    Because on a quick look that site dose nothing else than promote affiliation to binary brokers and sell some kind of automated robot with keywords relating to any company that relates to the business.
    "Pretty clever" but surely not a place to gather facts.

    A quick research yielded the following associated websites
    scambroker.com
    scamoption.com
    www.binaryex.com
    www.binarydealer.com
    www.anyoptionbot.com
    www.binaryoptionex.com
    www.callorputoption.com
    www.topoptionbroker.com

    And well i answered the question just shortly before you!
     
  19. WBE Services

    WBE Services Member

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    Hi minwa,
    You can easily go look at the graphs for that time span and figure out if if it was long or short, clients obviously have full access to this past information and graphs.
    And I'm a little bluffed by what you mean not real time, since the results can only come when something occurred, they cannot be in real time, otherwise you could see into the future and we would not be here discussing it.
     
  20. minwa

    minwa Well-Known Offender

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    Yup and your company is categorised in all those similar sites. Makes one wonder. Anyway thanks for answering that you do not have AFSL.

    Goodluck to all those who wish to spend 12.9k (or more) in a company providing signals without AFSL with questionable people involved (Mark Tencaten).

    Do keep posting though let this thread climb up higher on Google search.
     
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