Bitaurox – The provider claims to be a financial service provider on its website https://www.bitaurox.com/, which is active in the field of online trading. Accordingly, investors can invest in the area of foreign exchange. You encounter complications with the payout of your investment? Our lawyers can help you with claims against Bitaurox.
Bitaurox – Online Broker with serious intentions?
Currently, there is an enormous number of online trading platforms such as Bitaurox. Because of this, it has never been as easy but also risky as now to invest in the volatile financial markets. Precisely because there are countless options, choosing a provider can be time-consuming and daunting. Especially if it is to meet your personal investment needs. Are you thinking about investing capital with Bitaurox? In this case, the following aspects are relevant for you as an investor.
- There are several types of orders available for online trading.
- Access to the international stock exchanges becomes easier and more versatile for investors through online investments.
- A suitable address for investors who want to find out about shares, futures, binary options and cryptocurrencies is a website like this one.
The following information is general advice for investors – regardless of the platform in which you invest money.
Bitaurox – recognising serious investment offers
Money investors have a wide variety of investment options to choose from, with reliable and questionable providers vying for their favour. There are many indicators that a financial service or even a product is not safe, and it is essential to keep an eye out for this. Here you will learn what to look out for in the event that you invest your hard-earned capital. Banking, financial services and insurance companies such as Bitaurox are only allowed to operate in the FRG with state authorisation.
The companies have received authorisation, but this in no way means that the services sold are of excellent quality. Assuming that a prospectus or information sheet approved by the German financial supervisory authority has been published in advance, share certificates and investments can likewise be made available to the general public. BaFin merely ensures that the prospectuses are complete, comprehensible and coherent. The Bitaurox prospectus or information sheet is not necessary in every circumstance.
Before investing capital, it is advisable to think about your long-term plans and check whether you have the monetary means to obtain them. Do not rush the process. Before you invest your money in a capital investment, you should take time to weigh up the pros and cons. Do not make a decision instantly, even if you have consulted with others.
Have you made a trial investment with Bitaurox?
Does Bitaurox persuade you to try investments with a smaller amount? You cannot find any data about the financial service provider because it is supposedly a recently founded company with exciting business ideas? The probability is high that the “insider” advice is a deception. After a very short time, the service provider will tell you that your investment was a great success and ask 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: “5-star share with a profit share of 47.88 per cent” , “Would you like to convert €1000 into €250,00.00?” , “With the fully automatic share profit method you will make 3500.00 € per month!” , “With just five minutes of your time you can become a stock market billionaire.” Anyone who promises too much, and that too unsolicited, is rarely trustworthy!
So also check what offers and guarantees are made to you by the provider Bitaurox.
Investing in the grey capital market: risks and uncertainties
Only a small number of financial market participants like Bitaurox are subject to official regulation and supervision. In the grey capital market, investment service providers position themselves that do not need the approval of the Federal Financial Supervisory Authority and do not have to follow anything more than a few regulatory prerequisites.
Only invest in the grey capital market if you are convinced of the company’s solvency and it is known to you as a company. As I said, the Federal Financial Supervisory Authority has no control over these providers. The grey capital market holds a variety of possibilities. There are:
- Direct investments such as in timber, precious metals or other commodities
- Corporate investments
- Profit participation rights and other hybrid forms of bonds
- Loans with subordination clauses
- Crowdfunding offers
- Order bonds
One thing is certain: it is uncertain what the final outcome will be for the investor.
Is it difficult for you to get an overview of what is on offer? Then you should gather as many facts as possible before making a choice. Don’t invest in anything you don’t fully understand! When it comes to investments, the more experience you need, the more complex the financial instrument. It is also not advisable to put your entire fortune on one card. Spread your risk beyond Bitaurox.
In order not to be influenced to your disadvantage, it is recommended to always focus on the product itself and not on the name or the presentation of the financial service.
Differences: reputable and dubious operators of trading websites
On questionable online trading platforms, there is a plethora of investment goods that are aggressively advertised on blogs and social media to lure investors. In addition, “network marketing” is used to solicit new investors. In particular, the guarantee of prompt profitability is emphasised in the advertising. In order to start investing, an interested investor must first create an account with the trading platform – as is the case with Bitaurox.
Then the supposed brokers contact the investor via a call centre and do everything they can to convince him to invest large sums of money. The optimistic attitude of investors 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 hope for. At this stage, money investors are deceived by a corrupted trading algorithm about the true evolution of stock market data and prices.
Bitaurox does not necessarily belong to this category. The perpetrators use their own unilaterally defined price values when calculating profits. This means that the trading provider has complete control over whether a profit is made or not. Until the supposed profits are paid, this rip-off will continue. When the moment of payment arrives, the clients suddenly no longer have access to their accounts and the personal contacts associated with them.
The majority of all investors lose all their capital invested in this illegal trade, forcing them to seek legal assistance.
Recovery Scam: Increased caution is required!
Anyone who has ever lost capital to a fraudulent investment platform knows how disastrous this can be. That alone is bad enough. But on top of that, the criminals behind the bogus entity contact you by email or phone call in a very short time. This time, however, they do not pretend to be financial advisors from Bitaurox. Instead, they guarantee to help recover the lost capital in exchange for an upfront payment.
Many rip-off artists even seem to have been hired or commissioned by reputable companies such as a financial regulator. After stealing your personal data, the rip-off artists often pose as good Samaritans. They guarantee to help you recover the stolen money. Even if you have invested money with a service provider such as Bitaurox, your data may be stolen. Anyone who has lost a considerable amount of money is usually desperate.
The criminals take advantage of people’s desperation by calling themselves service providers for the recovery of funds. They offer their services under the guise of assisting them to get their money back. This means they assure in a dubious manner that they will get back the lost assets.
Recovering money at Bitaurox: increase your chances
You have invested with Bitaurox, or another service provider? Now you notice difficulties with the repayment? Then we recommend you to block further payments right away. This is especially true if the online broker recommends additional payments to compensate for losses. Furthermore, you should try to recover the lost capital. In this regard, those affected can seek investor protection and turn to the lawyers of our law firm.
We examine civil law as well as criminal law options and possible claims for damages against the provider and against involved payment service providers such as banks. “It is no longer possible to speak of an individual case if a private investor loses his capital in the course of online trading. Many investors are deceived by the professional appearance of the companies and do not realise in time that they are not responsible for their loss.”
Our recommendation is therefore not to resign, but to act quickly and with commitment. Because the chance of recovering the lost capital is often greater than the aggrieved capital investors suspect. Would you like to talk to one of our lawyers about Bitaurox? Then you can go straight to our contact section here.