This review of the Wbtrading.co.uk website will show you the tricks that ‘William Brown’ is using to sell you a useless $5,000 trading mentorship program. He can’t be selling a profitable trading system when he is deceptive in his marketing and is unwilling to show us his real trading performance. WB trading is operated out of England, and Mr. Brown is peddling rule-based mechanical trading strategies. The strategies are allegedly suitable for day traders and swing traders.
Youtube video postings depict Brown analyzing the market and using his strategies to identify where big profits will be made from. In one of the videos, he depicted how to ‘turn £90 into £726.30’. He also claims in his website that he turned £500 into £6000 in his first few weeks of trading after watching a kid ‘making millions from his bedroom’.
Now, Mr. Brown wants to teach you how to be a consistently profitable trader in all markets. According to the sales page, the strategies involve using a momentum indicator alongside price action. This can be used in all timeframes and in all markets. The owner of WB Trading is also claiming that he uses high timeframe ‘bias bar”, scanning the 24 hour chart before narrowing down on the 1 hour chart. According to Brown, this strategy is effective as it is a set and forget trading system for busy people.
The entire WB Trading salespage is about purchasing the magic trading strategies and becoming rich quickly.
Is WBtrading what it purports to be?
WB Trading Review
I warn you that this website is very controversial as there are many consumer complaints floating around on the internet.
The owner of WBtrading is also using legal threats to silence victims of his online scam. He is making use of his lawyer to send threatening letters demanding that victims cease and desist from posting reviews online.
Just like the infamous Dacxi scam, WBtrading has chosen to continue defrauding unsuspecting victims in numbers. The trick is to use laywers to send threatening letters.
The logic is that if his trading strategies truly work, consumers should be happy, hence no negative reviews on the internet. So why is he using these under-hand tactics of intimidation to silence victims? The answer is very clear.
WBTrading is Violating the Commodities Exchange Act
Mr. Brown is not working alone to deceive consumers with his trading products. He is in cahoot with another New York based investment hustler known as ‘Zubin Mehta’.
Mr. Mehta is an ex-registered investment advisor. This is a red flag as the regulator cannot excommunicate you unless you have committed gross misconduct.
The mistake is that Mehta was caught guaranteeing very high monthly returns to the financially naive consumers of the trading product.
In fact, he also violated the FTC act by providing consumers with fraudulent account statements depicting his profitable trades.
It also appears that the owner of WB Trading partnered with the pseudo Rubin Mehta to run the trading scam out of the UK. Zubin Mehta is based in the US and the reason for participating in this slick marketing scheme and fraud outside the US is because he wants to avoid direct confrontation with the securities regulator.
Dax Strategy and the Live trading room
The owner of WB Trading wants you to believe that he is a professional trader, and that all his earnings come from trading his mechanical strategies.
One of those strategies is called ‘Dax strategy’. He claims on his website that he has ever traded the strategy in front of an audience and banked +81 points.
The story of how this trading happened in front of an audience is very interesting. According to Brown, Dax Masters live room traders approached him, asked whether he could sit in for one of their traders who was going to be away on holiday. Brown agreed and pulled one trade. He waited for a couple of days and the next day the profit was made.
He claims that he was using his real money to trade in front of an audience and that those followers were also trading live accounts.
But the problem with this narrative is that Brown is only showing us a couple of screenshots for his Skype and charting software but no verifiable proof of the +80 points target that he claims to have made.
He also claims that his audience made money from this trade. Well, where are those people, and can we verify their supposed results?
The True William Brown of WB Trading (you will be shocked)
After a bit of digging around, I discovered that this dude was actually a former UK based DJ. His DJ name was ‘DJ Campa’.
Since Mr. Brown is a very deceptive character, you can be sure that the name William Brown is just one of his many pseudos.
Other than the name that he is popular known with, the guy also goes by the names Paul Domino, Tom Wilson and other fake identities.
The guy is also tricking us with his real business address. WB Trading is ‘located inside a hotel room’ as the business address is from a hotel room.
This begs the question of where the real character is operating from and also why he is lying to us about his physical location.
WB Trading has no verifiable trading results
Despite peddling his mechanical trading strategies on his website and also across YouTube and even in the ads, Mr. Brown does not have verifiable trading performance.
In one instance, we were showed ‘trading results’ from multiple company accounts. The numbers were truly ridiculous.
I was assured that the results were real and that students typically enjoyed those returns. But of course the scam couldn’t give me the ‘secret knowledge’ unless I spent thousands of dollars on the mechanical strategy.
As I wrap up this review, I would like to mention that WB Trading has a Trustpilot profile with over 170 fake positive reviews.
‘Customers’ of WBtrading are praising the website and giving us reasons why we should check it out.
But you see, WB Trading is actually submitting these testimonials and not their customers.
The real negative reviews are out there in the wild, and I know that this fraudulent character will never want you to lay your eyeballs on those ugly comments.
Thanks for reading the WB Trading review.