Bitai Method – The alleged financial company Bitai Method presents itself on its website https://bitai-method.com/ as Online BrokerX.
You have invested with Bitai Method and want your money back? The Herfurtner law firm can help you with obstacles.
Bitai Method – Reviews
Currently, there is an enormously high number of providers such as Bitai Method. Thus, it has never been as easy but also as insecure as today to invest in the volatile financial markets.
Mainly because there are a large number of opportunities, choosing an online platform can be time consuming and intimidating. Especially if you want it to meet your individual investment needs.
Are you thinking about investing capital with Bitai Method? Then the following points are important for you as an investor.
- Entering the global stock markets becomes more practical and lucrative for investors through online investing.
- Licensed brokers on the internet, trustworthy platforms, fees and brokerage commissions, product options and customer feedback are just selected factors you should plan for when making your final choice.
- A suitable place to start for investors who want to learn about stocks, futures, binary options and cryptocurrencies is a website like this one.
- A variety of order types can be applied in online trading.
The following statements are general suggestions for investors – regardless of the platform you invest in.
General risks and dangers of online trading on trading platforms like Bitai Method
Just as the stock exchange and other financial markets are exposed to certain risks and dangers, so is online trading.
As an investor, you should therefore examine Bitai Method in light of the following questions:
- Threats that may be associated with the product, such as potential losses
- Lack of knowledge about the product
- Disadvantages arising from incorrect or incompetent trading
- Online trading platforms that are unreliable
Minimise risk by looking for a proven track record when choosing a financial services provider. In this context, it is equally important that you are assured of reliable money management. Only then will you be able to navigate the internet trading arena with some degree of confidence.
Traders who have a skillful hand can definitely make a living out of it, and their earnings are potentially large.
In the event that they have the right approach. There is one thing that everyone who starts trading should be aware of: The threat of losing more investment than was deposited into the Bitai Method broker’s account when trading on the stock exchange is always there.
Bitai Method – did the contact occur via fax?
Have you ever received investment proposals by e-mail from a service provider like Bitai Method that you are unfamiliar with? Do you receive faxes from the stock exchange that you have by no means requested? Or have you received an apparent “secret tip”?
Investors should beware of comparable tips, because they are usually spread by dubious people or even providers who want to make a profit by selling securities from an embellished success story.
Cases have also become known in which consumers and investors are consulted by a supposed stock exchange supervisory authority.
It is erroneously asserted that the people written to have become victims of a fraud and that the relevant data had been passed on to the stock exchange supervisory authority by the alleged Federal Public Prosecutor’s Office in Karlsruhe. The persons written to are asked to fill out an Internet form.
This is a clear attempt at fraud. We do not recommend contacting this person under any circumstances or sharing sensitive information such as user names, passwords, credit card numbers or other identifying information such as your account data at Bitai Method.
Grey capital market specifics
Only a small number of financial market participants such as Bitai Method are subject to official regulation and supervision. In the grey capital market, investment service providers are positioned that do not even require BaFin approval and only have to comply with a few regulatory basics.
Only invest in the grey capital market if you are certain of the provider’s solvency and know it as a company. As I said, BaFin has no control at all over these service providers.
The grey capital market holds a variety of possibilities. There are:
- Loans with a subordination agreement
- Direct investments such as in timber, precious metals or other commodities
- Crowdfunding offers
- Ordinary bonds
- Equity investments
One thing is certain: it is uncertain how it will ultimately turn out for the investor.
Is it difficult for you to see through the offer on the table? If so, you should find out as much information as possible before making a decision.
Don’t buy anything you don’t fully understand! When it comes to investments, the more knowledge you need, the more complicated the financial instrument.
It is also not recommended to concentrate all your capital on one offer. Spread your risk across Bitai Method.
To avoid being wrongly influenced, you should always focus on the product itself and not on the name or image of the financial service.
Assess cybertrading providers with confidence
Classic capital investment fraud is carried out using well-known methods such as advertising, “cold calling” or stock market letters.
When it comes to conducting fraud, the outdated method is fast becoming obsolete in the digital age. The new type of financial fraud could be described as “cybertrading”. Investment products are traded over the internet with dishonest intent.
Unfair investments include investment products such as contracts for difference and cryptocurrencies. Even Bitai Method’s services have been used by other service providers in a similar way to deceive investors.
Investors are increasingly informing themselves about investment opportunities on the web. Thus, people rely on their own knowledge or on the advice of others in weblogs, forums and other online portals when making decisions.
The shift to more and more new financial instruments has no lasting effect on the unlawful activities in terms of gang structure. Since the mafia gangs rely on already existing and widely accepted infrastructures, there is no need to adapt to a new “business model”. Regardless of which financial product is traded, the process of cybertrading is almost identical.
These financial instruments are aggressively promoted on social media or with paid advertisements. In this context, it revolves almost exclusively around the presentation of ludicrously high returns. Calculate the probability of earning high profits with Bitai Method before you invest.
Opaque exit options
Make sure you know when and how much money will be paid back to you. It is best to avoid long-term contracts that cannot be terminated early or where you would suffer huge financial losses.
Enter into long-term contracts with no early termination options only with providers like Bitai Method, whose credibility you have no doubts about.
Even if you have the option to waive or cancel a contract at any time over a fixed period, you should be suspicious. Even when these points are given, you are still vulnerable to monetary losses. Make sure you know exactly how much money you will get back if things go wrong.
The following rule applies to share transactions:
Before the end of the term, find out what options are available to you to redeem a share certificate.
It is often crucial to find out whether there is a liquid market for products such as those offered by Bitai Method.
It is possible to sell shares via a broker or a financial institution. All 3 options are legitimate for placing a sell order. The actual selling process is then carried out via an exchange (e.g. Berlin, Stuttgart, Frankfurt, Tradegate or Xetra) (e.g. for penny stocks).
Order supplements can be used to control the execution of the order from the outset. The share certificates are discharged at a time and place determined by you.
Do you want to recover your capital from Bitai Method? Our law firm can help
You should take precautions as soon as possible if the suspicion is confirmed that a service provider is not working in accordance with the regulations and the risk exists that the online broker will not make its repayments. In addition to a report, which we file with the police on behalf of our clients, and a report to the financial supervisory authority, the online broker should also be held responsible under applicable law, if necessary.
In doing so, the contractual claims against the operator of the trading platform as well as possible chances for compensation are examined.
In the case of monetary payments, it is also essential to check whether banks can be held responsible in the event of an error. Claims for compensation against financial institutions can arise, for example, in the case of money laundering or other unlawful acts. However, this must be checked on a case-by-case basis.
If your online broker refuses to pay, you should therefore immediately contact a competent law firm:
- Tell us how long the broker has been delaying the payment
- Give us the names and contact details of all the people you have communicated with
- Send an e-mail to our lawyers describing your experience with the provider
Herfurtner Law Firm will provide you with a free initial assessment in connection with Bitai Method. We will also let you know in a timely manner whether we believe you have a good chance of recovering your losses.