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TheBinaryLab.net review: Binary options 7

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Author of the review
2:09 am EDT
Review updated:

Julian Wong used to heavily promote Goptions - a notorious binary options broker that has defrauded millions of dollars from unsuspecting investors.

People who tried to withdraw their profits have never seen a dime. 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.

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7 comments
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Ken Huang Lim
Bangkok, TH
Aug 19, 2023 10:29 pm EDT
Verified customer This comment was posted by a verified customer. Learn more

This guy sucks at everything he does regarding trading. Martingale, are you serious?

I’ve joined about a year 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.

What a pig! 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 Olymp Trade broker. They’ve been calling me 5 to 20 times per day! Telling/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. Stay away from this scammer! He only wants to steal your hard earned money!

James B. Roscoe
James B. Roscoe
Mount Olivet, US
Dec 17, 2022 6:09 am EST
Verified customer This comment was posted by a verified customer. Learn more

They are skilled con artists. They stole $20,000 from me with the expectation of receiving significant returns, but when the time came to take the money, everything fell apart.

I approached the company for assistance with my funds because I was tired of all the investment scams. I tried everything, but it didn't work. But they refused to let me withdraw my money.

On a good day, I came across a topic on this website about Paige McCubbin and how she has helped several people with similar issues.

I immediately messaged her using the name "paigecubbin" on Telegram. It took her four days to recover my money from these scammers, and it was deposited in my bank.

I advise you to contact her to recover your money.

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Charles Menkens
Mansfield, OH 44902, US
May 29, 2023 6:56 pm EDT
Verified customer This comment was posted by a verified customer. Learn more

Thank you James, I appreciate you making this suggestion. I contacted Paigecubbin on Telegram recently, and much to my surprise, she was able to assist me in getting my funds back from Thebinarylabnet.

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Rose Trugernanner
Stayton, OR 97383, US
Feb 02, 2024 12:47 pm EST
Verified customer This comment was posted by a verified customer. Learn more

I appreciate you writing this article about Paige McCubbin because she helped get my money back.

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Susieb01
Phoenix, US
Jun 29, 2022 7:13 pm EDT

They are definitely a scam website, very easy to deposite but they're never letting you take your money out. I lost a lot of money dealing with them but glad I found a recovery expert online who helped me. I'm glad I got back everything I lost including profits. If you found yourself in similar situation please write me and I'll refer you for help; Susiebell2009 {at} gmail, dot com

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Oliver Williams
Albany, US
Mar 17, 2022 7:06 pm EDT
Verified customer This comment was posted by a verified customer. Learn more

Julian Wong started shilling for another scam broker called Pocket Option that is owned by "Gembell Limited" based out of Marshall Islands, a well-known jurisdiction for operations of financial scams with the fake regulation agency called International Financial Market Relations Regulation Center (IFMRRC). He has abandoned the "The Binary Lab" and now as of late started peddling iBG Finance, a fake DeFi platform designed to swindle unwary investors of their hard-earned money as the “PPEDad” (i.e. ppedad.wordpress.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 is a dangerous fraud with a long history of scams and continues doing this without any conscientious swindling people out of their hard earned money.

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Sun Hueng
Vancouver, CA
Oct 12, 2020 10:55 pm EDT
Verified customer This comment was posted by a verified customer. Learn more

Julian Wong is deceiving many unsuspecting investors into a cryptocurrency pyramid scheme called "EXXA Network" that is an unregulated investment program that is based out of Singapore. He has worked very closely with this scam ever since it has launched in September 2019. Exxa Network has not paid out any of my profits since May 2020 and Julian Wong has refused to respond to my emails and comments on his facebook page. Please do not invest any of your hard earned money into "EXXA Network" or "The Binary Lab" by Julian Wong. Do not buy his automated trading systems or invest into his PAMM account management services. You are guaranteed to lose money in the long term.

More information on this scammer:

https:///link removed/

https://www.thatsucks.com/thebinarylab-net-scam-exposed-julian-wong-a-leading-scammer/

http://datojimmywong.com/beware-of-binary-options/

https://www.forexpeacearmy.com/community/threads/ouroboros-networking-auto-trade.46639/

https://thebinarylabscam.blogspot.com/2017/

https://forums.hardwarezone.com.sg/money-mind-210/warning-about-stocks-forex-guru-trading-courses-market-5294637-42.html