The Binary Lab by Julian Wong Reports & Reviews (8)
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Thebinarylab.net by Julian Wong is a Scam!
I’ve joined about 6 months ago, I went through his videos and it just sucks, you cannot learn anything or it’s very difficult, because he does not know how to teach. Not to mention that he is trading wrong on my opinion. Maybe he is making his videos confusing on purpose, so you think that you don’t get it and should study/practice more. I have said to him two hard facts about trading (1. not to include emotions in trading process, 2. trading should be treated like a business) in his closed group in Telegram, and what happened? I was expecting him to comment his opinion regarding that, but instead within 1 minute I was removed from Telegram and Facebook group. Now it all makes sense.
Another thing I noticed about his 1k-10k challenge. He blown his account on IQ Option multiple times. You can see that his turnover restarted. Not to mention that on all webinars I’ve been he ended up in a loss or break even. Literally, every time it was like “today the market is not in a good condition”. Then he was able to increase his balance somehow off the camera. I am still so mad at this scammer, who pretends not to be one.
At the time of registration, I opened account with Binary Online broker. They’ve been calling me 5 to 20 times per day! Telling and forcing me to deposit. After trading on their platform (with my own strategy, not Julian's) I’ve managed to increase my balance from 250 USD (initial deposit) to 300 USD. Then I requested a withdraw. The process took 3 weeks before I got my money with multiple emails that I needed to send them. And at the end I got 190 USD. What the heck? Where is the rest of the money? Nobody answered me. I guess that money went to Julian.
Why am I wasting my time here writing this? Because I am so mad and angry at this pig that I have so much hate energy inside of me because of him. I did not hate and I do not hate any person on this planet except him.
thebinarylab.net - ppedad.wordpress.com - Julian Wong Exposed!
He has abandoned the "The Binary Lab" and now as of late started peddling iBG Finance, a fake DeFi platform designed to steal from investors of their hard-earned money as the “ThePPEDad” (i.e. theppedad.tumblr.com) on Youtube with fake celebratory comments that are written by him.
Check out the fake comments, subscribers and likes from his Youtube sock puppet usernames such “Ammie Senavat”, “Teeratika Senavat”, “BinaryChannel”, “mlmtruthrevealed” as well. He also deletes critical comments from those that he misleads into his scams. Julian is using the PPE brokering business as a front to lure people into cryptocurrency ponzi schemes.
He used to be an MLM and Binary Options affiliate scammer from 2013! So many people lost money from his fake trading systems that never produced any results! What's worst is that he makes you sign up with unregulated brokers that refuses to process withdrawals. He is a very manipulative and dangerous fraud with a long history of scams and continues doing this without any conscience swindling people out of their hard earned money. Stay away from the Binary Lab and the PPE Dad!
Scammer's address Bangkok, Thailand
Country Thailand
Type of a scam Investment
Initial means of contact Social media (e.g., Facebook)
The Binary Lab Thailand Fraud! Lost $3000
This is the scam company his owns in Thailand:
ARB8 Co. Ltd. 710, PHLAI RATANA, SOI MOOBAN PHLAIRATTANA, SAI MAI, SAI MAI, BANGKOK 10220
https://www.matchlink.asia/business/page/Thailand/BANGKOK/53644-arb8-co-ltd.html
Scammer's address Bangkok, Thailand
Country Thailand
Type of a scam CryptoCurrency
Initial means of contact Social media (e.g., Facebook)
Thebinarylab.net - Julian Wong Exposed!
At the beginning of this year, he was having so much trouble that his win rate was below 13%, and he was missing or ignoring basic technical and fundamental analysis that he was losing more trades on his webinars than winning. After stepping way to move house and have a baby, he came back after a month and demanded that every member in his group; 3K resign up and deposit to join a new group or if you was a new member within the last few months, all you had to do was prove you signed up to one of his affiliated brokers, so he can get his commission.
Ignoring that something was wrong and how he was doing over his long term customers, I went ahead and joined this now group, The Binary Lab Elite, as did a few other long term members, but straight away I noticed that something was wrong as the broker of choice to rejoin was IQ Option, a broker that follows all regulation rules and does allow you to withdraw but has the worse affiliate campaign ever; the affiliate makes more commission off the losses of their sign ups.
The next flag that went up was what and how he was trading, he set up a strategy that members could trade off IQ Option 15 second chart, which to this day gives 50/50 results. He ignores all the basic technical analysis such as price action, divergence, and any patterns at all. He even states that fundamentals such as news will not affect the 15sec chart. Her also offers a 7 tier martingale strategy that will supposedly allow your setups to win in the end, but the truth is that they will blow their accounts and he, Julian, will get his commission from the losses.
As I have my own strategy for Binary and Forex I didn’t bother with what he had to offer, but when I saw members having trouble and no real guidance was given, I added my own observations such as perhaps you are all having trouble due to trading off the 15sec chart, and you are all ignoring basic technical analysis but was confronted with the market is [censored] and not the strategy. I rebuffed with that you need to check higher time frames as part of your daily analysis and ignoring news is very wrong, I even stated that the 15 sec chart trading is nothing but gambling and that there is too much noise to even try and read the charts. I even stated that binary in itself is nothing but a gamble, which I didn’t portray as negative, as we all like to go to the casino.
My opinions were mostly ignored by the group as they have all been brainwashed to believe that no real knowledge is needed to trade and that the 15 sec chart is the best time frame to get rich fast. As a byproduct in stating my opinion, I was kicked out of the group and called a loser and a person who blew his account and blames Master Julian Wong for my own lack of understanding.
I want to inform everyone that Julian Wong is nothing but a very talented affiliate marketer and only has limited to basic trading knowledge. He also uses brokers that are not regulated such as Binary Mate, Finally and Pocket Option even though his members have stated they have been scammed by them as to prove he is only interested in the commissions he gets.
*DON’T SIGN UP TO JULIAN WONG'S THE BINARY LAB RETRO GROUP AS ITS NOTHING BUT AN AFFILIATE COMMISSION SCAM*
The PPE Dad Scam by Julian Wong
Country Thailand
Type of a scam CryptoCurrency
Initial means of contact Social media (e.g., Facebook)
Along with Yuri Anischenko and David Nocitra, Julian Wong marketed the “Ouroboros Network”, an auto-trading scam which promised 30-40% trading profits but instead they ended up scamming hundreds of thousands of dollars from investors when the scheme went bellied up with extreme trading losses.
He is now an introducing (forex) broker for tradersway.com, iqoption.com, XM.com, betonline.ag, optionfield.com, olymptrade.com, binary.com, deriv.com and pocketoption.com still deceiving those who think he is an successful trader yet has never produced a third-party trading track record. Currently, he is partnered up with binary.com peddling a “martingale mastered” trading system which executes a high number of trades with the sole purpose of churning as much commissions and rebates as possible.
His "trading systems" are engineered to lose money for his followers so that he can generate commissions for himself.
Learn to trade forex on your own with babypips.com instead. Never sign-up under an affiliate who tries to deceive you with "free training"
or "mentoring" when they refuse to show documented proof with a verified third-party trading record.
Do not be fooled his "helpful" persona. He is a very dangerous and manipulative individual and has no morals nor any credibility whatsoever.
Stay vigilant!
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