Avanchie – The investment service provider is, according to statements made on the provider’s website https://avanchie.ch/, a service provider for online trading where clients can make use of a wide range of services. Accordingly, Avanchie takes care of trading in forex, shares, commodities, indices, cryptocurrencies and energies.
Are you encountering problems with the payout of your capital investment? Our lawyers can help you with claims against Avanchie.
Avanchie – online broker with serious intentions?
Currently, there is an extraordinarily high number of online trading platforms such as Avanchie. As a result, investing in the volatile financial markets has never been as easy but also as uncertain as it is today.
Especially because there are countless options, choosing a provider can be time-consuming and frustrating. Especially if you want them to meet your personal investment needs.
Have you already invested with Avanchie? Then the following points are important for you as an investor.
- Officially licensed brokers on the internet, secure websites, costs and brokerage fees, product options and customer feedback are just some of the criteria you would have to take into account when making your final decision.
- When it comes to trading on the web, you can use a variety of order types.
- Entering the transnational financial markets is becoming more convenient and interesting for capital investors through online investments.
The following statements are basic tips for investors – regardless of the platform you invest in.
Identify reputable service providers and invest wisely
Money investors have a wide range of investment opportunities to choose from, with reliable and questionable service providers vying for their favour.
There are many indications that a service or offer is not safe, and it is essential to focus on them. Here you can find out what details to look out for when investing your hard-earned assets.
Banking, financial services and insurance companies such as Avanchie are only allowed to operate in Germany with a state licence. The providers may have obtained a licence, but that does not mean that the products sold are of good quality.
Assuming that a prospectus or information sheet approved by the German financial supervisory authority has been published in advance, derivatives and financial investments can likewise be made available to the general public.
The Federal Financial Supervisory Authority simply ensures that prospectuses are complete, understandable and coherent. The Avanchie prospectus or information sheet is by no means necessary in every context.
Before investing, it is advisable to think about your long-term goals and check whether you have the actual means to achieve them. Do not rush the process. Before putting your assets into an investment, take time to look at the pros and cons. Don’t make a decision on the spot even after consulting with others.
Does Avanchie offer entry-level trading with trial investments?
Does Avanchie tempt you to try out investments with a smaller amount? You cannot find any information about the financial service provider because it is supposedly a new company with highly interesting business ideas?
There is a good chance that the investment tip is a pure rip-off. After a short time, the investment service provider will tell you that your investment was a great success and appeal to you to increase your investment.
The success of your trial investment may lead you to make further investments.
Here are some examples of dubious investment tips:
- “With the automatic stock profit method you will make 3500.00 EUR per calendar month!”
- “Would you like to turn 1000 EUR into 250.00,00 €?”
- “5-star share with a profit share of 47.88 percent”
Anyone who promises too much, and that too unsolicited, is rarely trustworthy! Nevertheless, also examine what offers and promises are made to you by the investment company Avanchie.
Ponzi scheme: How do I protect myself from it?
A Ponzi scheme is a type of money fraud. In this, assets are pooled from new money investors and then used to pay out capital to the original victimised individuals.
The organisers of Ponzi schemes usually claim that they will invest your capital and reap substantial profits without putting your assets at risk. Yet, in many Ponzi schemes, the fraudsters do not actually invest the money they receive.
Rather, it is used to compensate people who paid in earlier. This allows the perpetrators to keep some of the capital for themselves. So pay attention to the risk-reward ratio in all investments – including Avanchie.
Ponzi schemes require a constant inflow of fresh capital to keep running, as they have little or no actual profits. Many of these schemes fail when it becomes difficult to attract new backers or when a significant number of investors drop out.
In the event that you want to invest with a broker like Avanchie, you should always act with caution.
Signs you should look out for include:
- Is there a problem with the documentation? If there are errors appearing on your account statement, this may indicate that your assets are not being invested properly.
- Risk-free profits with little or no volatility. Every investment carries a certain amount of risk, and the riskier a deposit is, the more likely it is to yield a high return.
- Strategies that are difficult to identify. Keep your money out of the stock market if you don’t know enough about it.
- Overly predictable results. Over time, investments tend to rise and fall. Any investment that consistently produces high returns detached from market conditions should be viewed with a high degree of scepticism.
- The payment of profits does not work out? If you do not receive any payments at all or find it difficult to cash out, you should be vigilant. The operators of pyramid schemes may try to encourage participants to stay by promising even bigger cash winnings if they do not withdraw money.
Online trading platforms: Learn to recognise reliable service providers
Dubious internet platforms offer a variety of investment products, which are relentlessly advertised on internet forums and social media to lure investors.
In addition, “multi-level marketing” is used to solicit new investors. The advertising particularly emphasises the assurance of immediate profitability.
In order to start investing, a potential investor must first of all create an account with the online trading platform – such as Avanchie. Then the apparent brokers contact the investor via a call centre and do everything they can to convince him to invest large sums of money.
The investors’ optimistic attitude towards cybertrading is partly reinforced by the idea of future profits.
Buyers are more willing to invest in the future if they see exactly the kind of results they dream of. At this stage, investors are fooled by a manipulated trading algorithm about the true evolution of stock market data and prices. Avanchie does not necessarily belong to this category.
The perpetrators use their own unilaterally determined price values when calculating returns. This means that the trading provider has complete control over whether or not a profit is made.
Until the alleged profits are paid, the scam will continue. When the time comes for the payment, the clients surprisingly no longer have access to their accounts and the direct contacts associated with them. The majority of investors lose their capital fully invested in such illegal trading, forcing them to contact legal counsel.
Fees for online trading – enquire in good time
Before investing with Avanchie, find out how much of your investment amount will be used to cover costs such as fees and commissions. This is a sensible time to examine the information provided by the providers in detail!
Investors must be made aware of all estimated costs and how they affect the profit margin of financial service providers. In addition, the costs must be listed separately.
Should you request a presentation of all costs, the providers are obliged to give you this information.
For understandable motives, a broker like Avanchie is usually interested in as many trading transactions as possible. In many cases, the costs are so enormous that it is difficult to make a profit. The fees can even devour the invested money in a very short time.
Therefore, be sure to pay attention to the costs! The trading fees of the online broker must be publicly available. The clarity of the structure of the costs is also set in the official regulations and licensing.
In connection with a violation, the service provider’s licence can be revoked.
Lawyers advise on Avanchie
Have you invested with Avanchie, or a similar service provider? Now you are encountering difficulties with repayment?
Then it is advisable to block further payments immediately. This is especially true if the provider advises additional payments to compensate for losses.
Furthermore, one should try to recover the lost capital. In doing so, affected persons can seek investor protection and turn to the lawyers of our law firm. Our law firm examines both civil and criminal law options and possible claims for damages against the company and against involved payment service providers such as banking institutions.
“A private investor who loses his capital in the course of online trading is truly not an isolated case. Many investors are misled by the professional appearance of the financial providers and only realise too late that they are not responsible for their losses.”
Our recommendation is therefore not to despair, but to act quickly and energetically. Because the prospect of recovering the lost money is often greater than the aggrieved capital investors assume.
Would you like to talk to one of our lawyers about Avanchie? Then click here to go directly to our contact form.