World Binary Exchange

[WBE Services]

Hi minwa,
I'm not here to give a fairy tale only facts to maximum of my knowledge.
Being a highly competitive market, sure I agree with you this gives exposure and the chance for all those first time posters above (strange! greggles Join Date Jul 2004 Posts 1),
likely competitor or ex-employees to let it all out.
The point is that people like you or cynic with a fair amount of post, therefore presumably not associated with this forum to ask real questions and get real answers.

Is not that this forum has a reputation of being run and having honest people as members

aussiestockforumscam(dot)com
http://www.ripoffreport.com/r/Aussi...ussie-Stock-Forums-Is-A-SCAM-Internet-1131218

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

You seem to know an awful lot about the way ranking works for someone that makes his money on trading!

 

[cynic]

Hi minwa,
I'm not here to give a fairy tale only facts to maximum of my knowledge.
...

You certainly could have fooled me!

You were not at all forthcoming about the connection between WBE, Mark Tencaten and Brett Mendham when responding to one of minwa's posts!

 

[McLovin]

aussiestockforumscam(dot)com
http://www.ripoffreport.com/r/Aussi...ussie-Stock-Forums-Is-A-SCAM-Internet-1131218

You're not helping your cause, chief.

Aussie Stock Forums is being run by a Freemason Jew,

..

It's the ultimate joke on planet earth for some low IQ reject like the owner of Aussie Stock Forums to call me, a genius a scam.

It's an odd way to run your "public relations department".

 

[minwa]

The point is that people like you or cynic with a fair amount of post, therefore presumably not associated with this forum to ask real questions and get real answers.

I asked real questions, did not get any answer. So I will ask again:

1. Why do you keep avoiding many questions by myself & others of Mark Tencaten's involvement when you're here to provide "maximum knowledge".

2. How is a "First hour successful" post publicly auditable ?

I now add another 2 questions, but please answer the above 2 first.

3. Why do you keep thinking any negative posts are ex-employees ? Why do you keep having this notion that ex-employees will be disgruntled..in my experience only dodgy companies have those bent on revenge.

4. Which one are you - Mark, Brett or Maurice ?

 

[Porper]

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.

That's the beauty of these types of companies posting (really advertising) on forums. They think it will benefit the company (scam, if it is) but in reality it only allows potential clients to read reviews and facts before running for the hills.

If it's too good to be true - beware. In this case the promotion clearly isn't working in their favor which is good for newbie traders looking for the holly grail.

 

[skc]

-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.

Hi,

Can you please point me to a source where your results are publicly available so I can run some quick analysis?

Thanks

 

[Bruce Miller]

Hi all,

Getting confused as to why all the negative comments, the internet and forums like this is full of rubbish posters who seem to be disgruntled for many reasons and hide behind fake profiles.

I have just ran a google search on this forum and come up with a whole lot of negative one being:

http://www.ripoffreport.com/r/Aussi...ussie-Stock-Forums-Is-A-SCAM-Internet-1131218

Do i believe this, well as much as i believe the negative comments on this forum, if people want to post with credibility and have their opinions taken seriously please post your real name and credentials, that way we can put some weight to whats being said.

Thank you

 

[Joe Blow]

I see that ASF is coming under attack for no reason other than it is the venue for this discussion. Well, I decided to do some checking and this is what I found:

Bruce Miller and libra are posting in this thread from the same IP address. Although WBE Services is posting from another IP address (presumably a proxy) the IP address they registered at ASF with is the same IP address that Bruce Miller and libra are posting from. This same IP address is also associated with another ASF account by the name of "scamwatch".

So, there you have it.

 

[Porper]

I see that ASF is coming under attack for no reason other than it is the venue for this discussion. Well, I decided to do some checking and this is what I found:

Bruce Miller and libra are posting in this thread from the same IP address. Although WBE Services is posting from another IP address (presumably a proxy) the IP address they registered at ASF with is the same IP address that Bruce Miller and libra are posting from. This same IP address is also associated with another ASF account by the name of "scamwatch".

So, there you have it.

That's a shock

 

[minwa]

I see that ASF is coming under attack for no reason other than it is the venue for this discussion. Well, I decided to do some checking and this is what I found:

Bruce Miller and libra are posting in this thread from the same IP address. Although WBE Services is posting from another IP address (presumably a proxy) the IP address they registered at ASF with is the same IP address that Bruce Miller and libra are posting from. This same IP address is also associated with another ASF account by the name of "scamwatch".

So, there you have it.

http://accc.gov.au/consumers/misleading-claims-advertising/false-or-misleading-claims

http://asic.gov.au/about-asic/contact-us/how-to-complain/report-misconduct-to-asic/

Not sure which one to lodge so I did both.

 

[mjim]

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!
LOL So what exactly do you provide? if not Buy and sell recommendations?
For 12K?
- 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.
If so Last time I checked giving trading recommendations requires AFSL , that would be "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.
Irrelevant? have you heard of Client money safety? so you don't care if clients use "brokers" from thinly regulated tin pot countries!

-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.

SO NO independently audited proof? As a afterthought? If you are so good you would be running a Regulated Managed Fund!

-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!

How ? so you dont risk any money in the market? don'tt practice what you preach! WOW

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”

ASIC where are you? sleeping!

These are legitimate questions any consumer should be asking ,

 

[Porper]

ASIC where are you? sleeping!

These are legitimate questions any consumer should be asking ,

I wouldn't hold my breath regarding ASIC getting involved. Would be good if they would though. Some jail time would send a powerful message to some of these clowns that are breaking the law.

I.P addresses are available so they are traceable. With a bit of luck they'll be prosecuted. Just wait for the knock on your door!!

 

[Bruce Miller]

I see that ASF is coming under attack for no reason other than it is the venue for this discussion. Well, I decided to do some checking and this is what I found:

Bruce Miller and libra are posting in this thread from the same IP address. Although WBE Services is posting from another IP address (presumably a proxy) the IP address they registered at ASF with is the same IP address that Bruce Miller and libra are posting from. This same IP address is also associated with another ASF account by the name of "scamwatch".

So, there you have it.

Having checked Joe blow it appears you are a moderator and as such you have no right to slander my name. I simply put I don't believe what is being said about your forum on other sites as well as I don't believe what is said on this forum from people who refuse to use their real names and credentials. If you want to moderate then fine but you must moderate all and not simply allow your friends to post lies and falsehoods without proof.

Please ask your friends on here to post the proof they have also credentials that this company I am doing business with is illegal, because I checked with asic today and they have assured me that no criminal activity is taking place. So over to you and your forum friends to provide total proof of you can't then that says it all.

Oh and you can't ignore this Joe, because you chose to get aussiestockforum involved and as such it is now not covered by any law you want to hide behind and you are responsible for moderating all the comments previous and future on this thread. I await your assistance.

 

[Bruce Miller]

I wouldn't hold my breath regarding ASIC getting involved. Would be good if they would though. Some jail time would send a powerful message to some of these clowns that are breaking the law.

I.P addresses are available so they are traceable. With a bit of luck they'll be prosecuted. Just wait for the knock on your door!!

I couldn't agree more, people who hide behind fake names and photos who think they are invisible should be tracked down and held to account, just like you! Why is it that when you are all asked to take of your troll masks you get upset and start attacking the only person using a real name? I openly disclosed my reason for posting and use my real name so I was hiding nothing but I must question what are you all hiding? If you are as knowledgeable as you all claim to be and use words like scam and arrested why are you hiding and acting like trolls? Anyone responding to this message is giving consent for Aussie stock forum to provide me with there full registration details and ip address. Oh and for the record I use a proxy server just like millions of people do.

 

[Porper]

I couldn't agree more, people who hide behind fake names and photos who think they are invisible should be tracked down and held to account, just like you! Why is it that when you are all asked to take of your troll masks you get upset and start attacking the only person using a real name? I openly disclosed my reason for posting and use my real name so I was hiding nothing but I must question what are you all hiding? If you are as knowledgeable as you all claim to be and use words like scam and arrested why are you hiding and acting like trolls? Anyone responding to this message is giving consent for Aussie stock forum to provide me with there full registration details and ip address. Oh and for the record I use a proxy server just like millions of people do.

The best place for you is on ignore.

 

[minwa]

I couldn't agree more, people who hide behind fake names and photos who think they are invisible should be tracked down and held to account, just like you! Why is it that when you are all asked to take of your troll masks you get upset and start attacking the only person using a real name? I openly disclosed my reason for posting and use my real name so I was hiding nothing but I must question what are you all hiding? If you are as knowledgeable as you all claim to be and use words like scam and arrested why are you hiding and acting like trolls? Anyone responding to this message is giving consent for Aussie stock forum to provide me with there full registration details and ip address. Oh and for the record I use a proxy server just like millions of people do.

Keep posting Mark the more evidence the better.

On another note, you do need to hire better marketers.



When you make fake google accounts and self write your own company reviews on Google, don't steal other people's photos that are easily found online to look more like a real person, it backfires on you.



Identity photo theft, you are just making my follow up reports to ASIC and ACCC too easy.

 

[WBE Services]

Hi all,
Wow this is all getting interesting, lots of open questions so let’s answer to all those questions out there and my apologies I could not get back to you any sooner!

People asking who is running the company!

This is an extract from ASIC

Current Director
Name: MAURICE MCGARRELL 7E7655586
Appointment date: 31/12/2015

Previous Director
Name: BRETT ALAN MENDHAM 5E3233848
Appointment date: 20/02/2013
Cease date: 31/12/2015

Name: MARK JAMES TENCATEN 7E5790088
Appointment date: 20/02/2013
Cease date: 17/09/2014

The current director of operations is Mr. McGarrell.

minwa: How is a "First hour successful" post publicly auditable

The hours are there therefore you can easily look at the graph on Bloomberg / google / trading terminal or any other and figure out from the result which direction the alert that clients receive claimed to be.
I believe you have that kind of capabilities it can only be that the market when higher or lower than the entry time (unless its the exact same witch is highly unlikely)
That said we are the only once posting to this extent even if we don’t have to.
I also know for a fact that a new website is under development where the full details along with graphs will be displayed.
To note here that detailed records and historical data is currently only available to clients.

minwa: Why do you keep thinking any negative posts are ex-employees

That was mentioned once! Simply because we dealt with a data breach early this year, of witch existing clients where informed. This was an ex-employ, this is why it was mentioned, and the case was given over to authorities.

minwa: Which one are you - Mark, Brett or Maurice ?

Actually guess what, none of them! It seems that you believe the company does not have any employs ? That would be scary!

mjim: These types of companies posting (really advertising) on forums. They think it will benefit the company (scam, if it is)

There are better means of advertising and surely you should believe that all these kind replies where bound to happen. Nothing wrong with criticism.
I'm here to answer any questions regarding our products and to clarify any misunderstanding.

mjim: So what exactly do you provide? if not Buy and sell recommendations?

We are providers of trade alerts for binary options, which are not a financial product but fall under gambling therefore profit derived from it tax free.

mjim: Irrelevant? have you heard of Client money safety? so you don't care if clients use "brokers" from thinly regulated tin pot countries!

Clients can open accounts where the believe it's best for them.
But let’s have a look at where the big brokers are regulated!
ig.com - uk or other depending on location
************* - Cyprus
binary.com - Malta / isle of Man
iqoption.com - Seychelles
pokerstars.com - Isle of Man

What you expect they all in what you call "tin pot countries" mainly for tax reasons, as no one likes to give away 50% or more of their earnings in taxes.
Just recently with the publications of the so called "PANAMA PAPERS" it is pretty obvious that the above companies are not the only once!!
Tax havens or better low tax jurisdictions have been around for many years and will always be around, simply because there will always be that one willing to take a little less for a cut of the market.

mjim: SO NO independently audited proof? As a afterthought? If you are so good you would be running a Regulated Managed Fund!

Like mentioned above the results are posted on social media and can therefore be audited if you like to do so yourselves! These results are the same as the once we provide to clients!
If you decided to run some analysis a quick search on google the following places witch we are not affiliated with provide historical data where you can run analysis against:

https://www.tickdata.com/
https://www.onetick.com/
http://www.tickdatamarket.com/

Mind you that the data from different providers might yield different results when the outcome was a close call but that is likely to be in the 1% or 2% range.

And what has a managed fund to do with binary options?? I don’t get it! We are not a financial services company and do not provide financial advice.

mjim: How? so you don’t risk any money in the market? don’t practice what you preach! WOW

That's really silly,
If I was to be a car dealer selling Mercedes, I have to drive a Mercedes?
If I was a dealer at a casino, I have to be a gambler?
If I was a store clerk selling cigarettes, I have to be a smoker?

I do my job to make a living, just about like most other people, at the end of my day I go home to my wife and kids and enjoy my rest of the day them.
Surely not to go back and watch the stock market run analysis on data or any of that.

Porper:I wouldn't hold my breath regarding ASIC getting involved. Would be good if they would though. Some jail time would send a powerful message to some of these clowns that are breaking the law.
I.P addresses are available so they are traceable. With a bit of luck, they'll be prosecuted. Just wait for the knock on your door!!

Well I totally agree with you on that! Anyone braking the law deserves to face the consequences.

 

[mjim]

Hi all,
Wow this is all getting interesting, lots of open questions so let’s answer to all those questions out there and my apologies I could not get back to you any sooner!

People asking who is running the company!

This is an extract from ASIC


The current director of operations is Mr. McGarrell.


The hours are there therefore you can easily look at the graph on Bloomberg / google / trading terminal or any other and figure out from the result which direction the alert that clients receive claimed to be.
I believe you have that kind of capabilities it can only be that the market when higher or lower than the entry time (unless its the exact same witch is highly unlikely)
That said we are the only once posting to this extent even if we don’t have to.
I also know for a fact that a new website is under development where the full details along with graphs will be displayed.
To note here that detailed records and historical data is currently only available to clients.


That was mentioned once! Simply because we dealt with a data breach early this year, of witch existing clients where informed. This was an ex-employ, this is why it was mentioned, and the case was given over to authorities.


Actually guess what, none of them! It seems that you believe the company does not have any employs ? That would be scary!


There are better means of advertising and surely you should believe that all these kind replies where bound to happen. Nothing wrong with criticism.
I'm here to answer any questions regarding our products and to clarify any misunderstanding.


We are providers of trade alerts for binary options, which are not a financial product but fall under gambling therefore profit derived from it tax free.


Clients can open accounts where the believe it's best for them.
But let’s have a look at where the big brokers are regulated!
ig.com - uk or other depending on location
************* - Cyprus
binary.com - Malta / isle of Man
iqoption.com - Seychelles
pokerstars.com - Isle of Man

What you expect they all in what you call "tin pot countries" mainly for tax reasons, as no one likes to give away 50% or more of their earnings in taxes.
Just recently with the publications of the so called "PANAMA PAPERS" it is pretty obvious that the above companies are not the only once!!
Tax havens or better low tax jurisdictions have been around for many years and will always be around, simply because there will always be that one willing to take a little less for a cut of the market.


Like mentioned above the results are posted on social media and can therefore be audited if you like to do so yourselves! These results are the same as the once we provide to clients!
If you decided to run some analysis a quick search on google the following places witch we are not affiliated with provide historical data where you can run analysis against:

https://www.tickdata.com/
https://www.onetick.com/
http://www.tickdatamarket.com/

Mind you that the data from different providers might yield different results when the outcome was a close call but that is likely to be in the 1% or 2% range.

And what has a managed fund to do with binary options?? I don’t get it! We are not a financial services company and do not provide financial advice.


That's really silly,
If I was to be a car dealer selling Mercedes, I have to drive a Mercedes?
If I was a dealer at a casino, I have to be a gambler?
If I was a store clerk selling cigarettes, I have to be a smoker?

I do my job to make a living, just about like most other people, at the end of my day I go home to my wife and kids and enjoy my rest of the day them.
Surely not to go back and watch the stock market run analysis on data or any of that.



Well I totally agree with you on that! Anyone braking the law deserves to face the consequences.

"We are providers of trade alerts for binary options, which are not a financial product"

Are you kidding? Binary Options are not Financial products?
So you re like those Horse racing Prediction software companies doing the rounds few years ago! with glossy brochures then com all the "Covered call sellers " then the "Forex educators" now it is Binary! WOW indeed

You are digging deeper hole for yourself.
- Continue to resist a plain and simple and legit request to prove your results by independent qualified auditor
+ You dont trade your own recommendations!.....Your analogy of "..selling Mercedes" may sound logical at first instance but crucial thing is you are not even regulated , have not gone through the scrutiny...
-
- If you openly say Client money safety does not matter and we should trust these tin pot country brokers!
as is there are so many scams with Binary + it is a OTC product ( conflict of interest--- bet you dont tell that to your clients!)
Enough said I hope newbees and gullible people wake up!
Don;t get me wrong by all means you can operate a legit financial signals / advice business but for your own sake get some credit ability first!

 

[WBE Services]

Keep posting Mark the more evidence the better.

Do you know ? MARK JAMES TENCATEN 7E5790088

I did some research and honestly apart from several forum posts of unrelated companies full of on the day profiles obviously from someone that does not like the person from some reason,
I cannot see any concrete evidence that this person did anything wrong!? Please correct me with facts on this if I'm wrong!

 

[WBE Services]

minwa, from the billion or so Facebook profiles that exists how many of those have there real picture there!
Ever hear of people that like to keep their privacy? not that you are posting with a real name nor a real picture!
Actually as far as i see not a single one has a real profile picture nor name here!