Asian Trade Fx – The alleged financial service provider Asian Trade Fx presents itself on its website https://asian-trade.info/ as a trading platform… Investments in foreign exchange, metals, indices, CFDs and cryptocurrencies are possible here. If you have invested with Asian Trade Fx and there are problems with the payout, the lawyers of the Herfurtner law firm are there to help you in word and deed.
Asian Trade Fx – customer-oriented online broker?
Currently, there is an extremely high number of online trading platforms such as Asian Trade Fx. As a result, investing in the unpredictable financial markets has never been as easy but also as risky as it is today. Especially because there are so many options, choosing a provider can be time-consuming and frustrating. Especially if you want it to meet your personal investment needs. Are you thinking about investing with Asian Trade Fx? In this case, the following aspects are important for you as an investor.
- Access to international stock exchanges is becoming more convenient and lucrative for investors through online investing.
- Regulated online brokers, trusted platforms, fees and commissions, quote options and feedback from clients are just some of the criteria you should consider when making your irrevocable decision.
- When trading on the internet, you can use numerous order types.
The following information is basic advice for investors – regardless of the platform you invest money in.
How risky is trading with service providers like Asian Trade Fx?
Just as the stock market and other financial markets are subject to certain risks, so is online trading. As an investor, you should therefore check Asian Trade Fx with regard to the following topics:
- Risks arising from careless or incompetent trading
- Disadvantages associated with the product, e.g. possible losing trades
- Incomplete knowledge of the offer
- Financial service providers who are not trustworthy
Reduce the risk by ensuring that you have a proven track record when choosing an investment service provider. In this context, it is equally important that you are guaranteed safe money management. Only in this way can you move confidently in the online trading world. Traders who have a deft touch can certainly profit from this, and their profits may be above average.
As long as they have the best approach. One thing everyone who starts trading should be aware of: The threat of losing more money than deposited into the Asian Trade Fx online broker account when trading on the stock market is always there.
Does Asian Trade Fx guarantee exceptionally high profits?
Assess how trustworthy Asian Trade Fx’s offer is. Is the interest rate provided to you exceptionally high? Can you get a large amount of money with just a few EURO? The majority of these offers are nothing more than misleading. Be aware that criminals are usually hiding behind these tempting offers. As a rule, nothing at all is invested in these investment offers. Therefore, investigate how honest the offer from Asian Trade Fx is. Scams are usually carried out by con artists in almost the same way.
Financial products that are supposedly profitable are prominently advertised online. The criminals claim that they will receive any amount of capital. At the beginning, the investment amounts are halfway small. All those who sign up are consulted by a fictitious stockbroker or securities broker. The scam victims then gain access to an apparent investment software after depositing the money. Dubious special offers can also be recognised by promises of returns that are obviously above the market average.
An investor’s risk of losing investments also grows in direct proportion to the expected margin at Asian Trade Fx. An opportunity to find out about the usual market yields is the business sections of newspapers or the website of the German Bundesbank. You should also treat advice for companies with exceptional growth potential with caution. Low prices and minimal trading volumes make penny stocks, for example, extremely vulnerable to speculation and manipulation.
Hardly regulated: the grey capital market
Only a small number of financial market participants such as Asian Trade Fx are subject to official regulation and control. In the grey capital market, service providers trade who do not need a licence from the Federal Financial Supervisory Authority and do not have to comply with anything more than a few regulatory rules. Only make an investment in the grey capital market if you are convinced of the company’s creditworthiness and it is known to you as a company.
As I said, BaFin has no control over these providers at all. The grey capital market offers a variety of options. There are:
- Participations in companies
- Order bonds
- Crowdfunding offers
- Direct investments such as in timber, precious metals or other commodities
- Profit participation rights and other hybrid forms of bonds
One thing is certain: it is unclear what the bottom line is for the investor.
Is it difficult for you to see through the advertised offer? If so, you should find out as much information as you can before making a choice. Don’t buy anything you don’t fully understand! When it comes to financial transactions, the more know-how you need, the more complex the financial product. It is also not advisable to put all your capital on one card. Spread your risk beyond Asian Trade Fx. To avoid being influenced incorrectly, always focus on the product itself and not on the brand name or reputation of the financial service.
Online Trading Platforms: Learn to recognise reliable service providers
There are a variety of capital goods on dubious internet platforms that are aggressively advertised on internet forums and social media to lure investors. In addition, “network marketing” is used to solicit new capital investors. In the advertising, the guarantee of immediate profitability is emphasised above all. In order to start investing, an interested investor must first of all create an account with the trading platform – as is the case with Asian Trade Fx.
Then the alleged online brokers contact the investor via a call centre and do everything they can to persuade him to invest large sums of money. The investors’ optimistic attitude towards cybertrading is partly reinforced by the desire for future profits. Buyers are more willing to invest in the future if they see exactly the kind of results they dream of. At this point, investors are fooled by a manipulated trading algorithm as to the true trend in stock market data and prices.
Asian Trade Fx does not necessarily belong to this category. The criminals use their own biased price values when calculating returns. This means that the service provider has complete control over whether a profit is made or not. Until the alleged returns are paid out, this fraud will continue. If the investor demands the payout, the buyers suddenly no longer have access to their client accounts and the personal contacts associated with them.
The vast majority of investors lose their assets fully invested in such fraudulent trading, forcing them to seek legal advice.
Supposed services to recover capital investments?
Anyone who has ever lost capital to a fraudulent investment platform knows how devastating this can be. That alone is terrible enough. But in addition, the rip-off artists behind the bogus entity contact you within a very short time by email or phone call. This time, however, they do not pose as Asian Trade Fx online brokers. Rather, they guarantee to help recover the lost money in exchange for a payment.
Many rip-off artists even appear to have been hired or instructed by trusted organisations such as a financial authority. After stealing your sensitive data, rip-off artists often pose as good Samaritans. They assure to assist you in recovering the stolen money. Even if you have invested money with a service provider such as Asian Trade Fx, your data may be stolen. Those who have lost a large amount of money are usually desperate.
The criminals take advantage of people’s worry by calling themselves money recovery firms. They offer their services under the guise of helping them get their money back. That is, they make dubious assurances that they will recover the lost money.
Repaying investments at Asian Trade Fx: Increase your prospects
Action must be taken as soon as possible as soon as the suspicion is confirmed that a provider is not operating reputably and there is a risk that the online broker will not pay out its profits. In addition to a criminal complaint, which our lawyers file with the police authorities on behalf of our clients, and a notification to the tax authorities, the provider should possibly also be held legally responsible.
This involves an assessment of the contractually agreed claims against the financial service provider as well as any possibilities for compensation. In the case of money transactions, it is also important to check whether financial institutions can be held liable in the event of an error. Claims for compensation against financial institutions can arise, for example, in the case of money laundering or other illegal activities.
However, this must be checked depending on the context at hand. If your online broker refuses to make a distribution, you should contact a professional law firm immediately:
- Give us the names and contact details of all persons with whom you have been in contact
- Describe your experience with the service provider by email
- Let us know how long the online broker has been refusing to pay out
Our lawyers will provide you with a free initial assessment in relation to Asian Trade Fx. We will also let you know as soon as possible whether we think you have a good chance of recovering your losses.