Blacklands Finance Limited – According to information on the website https://www.blacklandsfin.com/, the online broker is a service provider for online trading and investments, where customers can make use of various services.
Accordingly, lucrative investments in Forex, CFD, indices and commodities are possible with Blacklands Finance Limited. If you have invested with Blacklands Finance Limited and there are problems with the payout, the lawyers of the Herfurtner law firm are available to help you in word and deed.
Blacklands Finance Limited – legal assessment
Currently, there is a very high number of online trading platforms such as Blacklands Finance Limited. As a result, investing in the volatile financial markets has never been as easy but also risky as it is now.
Especially because there are many options, choosing a broker can be time-consuming and intimidating. Especially if you want it to meet your individual investment needs. Are you considering investing with Blacklands Finance Limited? If so, the following aspects are important for you as an investor.
- Licensed online brokers, trusted provider sites, costs and brokerage commissions, offering options and customer feedback are just selected features to plan for in your final choice.
- Access to the international stock markets is made easier and more affordable for investors through online investing.
- A large number of order types can be used for trading on the Internet.
The information below is general advice for investors – regardless of the platform you are investing in.
Financial Regulators: What is their purpose with financial service providers like Blacklands Finance Limited?
Both financial markets and investor protection benefit from conduct of business rules and organisational responsibilities. Investment services firms and firms like Blacklands Finance Limited must comply with a number of regulations.
The same applies to their employees. This is to prevent conflicts and related disadvantages for investors. This includes the responsibility of the company to inform its own corporate clients of the key features of a financial transaction before it is sealed.
This applies both to the individual investor and to the investment itself. According to the idea, further information is indispensable for corporate clients who wish to engage in highly speculative or risky transactions.
To their corporate clients, firms such as Blacklands Finance Limited have a responsibility. This goes far beyond making a product or service available. Does the provider have an authorisation to sell investment products?
You should definitely check this. To do this you can use the broker check directory of a financial regulator and enter the name of the service provider in the search box.
Does Blacklands Finance Limited require you to make hasty investment decisions?
Do you feel the pressure of a tight deadline? Is the broker baiting you with a special offer but you are under pressure to make a choice promptly? This is not an excellent idea at all, as it is quite often a red herring. Don’t be in a hurry!
Not only can you get excellent offers now, but you can also invest money with Blacklands Finance Limited in the future. To achieve their goal, rip-off artists know exactly what to do. They strive to obtain as much information as they can about their targeted person through cleverly prepared questions.
Incidentally, they ask about the other person’s condition, for example whether they are home alone or whether they have any assets at home. In addition, use a tactic of “wait and see” to drive the person to despair.
They can keep their counterpart on the phone until he or she agrees to go to the house bank and give the criminals cash and other valuables. In one such scam, time pressure is imposed on the victim. With the same tactics, the victim is made to ignore his own vigilance. Current support scams use the same method.
Since the computer of the person contacted is presumably infected by a very serious malware programme, the callers, who presumably act on behalf of Microsoft or a service provider such as Blacklands Finance Limited, demand urgent payment of a maintenance contract in English with an Indian accent.
The criminals add to the stress, in the way that they threaten the targeted persons to ask them to pay if their computer is infected and transmits the infections.
Pump and dump – a common scam method
The term pump and dump is used to describe a situation in which the market price of a share is artificially inflated by insiders. The same share is then sold to other investors at a loss. This is therefore a fraud. A deception that profits from the cluelessness of small investors and stock market novices.
This strategy is therefore illegal in a controlled securities market and for companies like Blacklands Finance Limited. The crypto market, on the other hand, is still largely “Wild West” as far as such tactics are concerned. For this reason, extreme attention is necessary!
Pump-and-dump scams are increasingly encountered there in the context of the generally so-called altcoins. The pump and dump scam is used by criminals to inflate the value of an unknown or possibly independently created currency.
They achieve this by propagating false information online or on social media or by luring co-investors with unreasonable profit expectations. So make sure that the provider Blacklands Finance Limited provides you with all the necessary information on this very topic, if applicable.
Online Broker Charges Taxes and Other Transactions?
Consumers are often wooed by an “online broker” or a call centre employee as soon as they have registered on the supposed online trading platform. The intention is to persuade the investor to increase his long-term investments in order to maximise profits.
This is also a legitimate goal of the online broker Blacklands Finance Limited. Immediately after the buyer has transferred his capital, the first profit developments will probably be presented on his user account. This should encourage the investor to continuously invest in the financial instrument.
However, the operators of the trading platform can simulate improper account changes and profits through the use of fraud software without the client being aware of this.
Check that accounts can be verified equally with Blacklands Finance Limited.
In truth, no trading takes place on several online trading platforms per se. Instead, the deposited assets are transferred by the fraudulent brokers to accounts abroad. This is not recognised by the investors at first.
The “brokers” postpone the payout of the declared profits by demanding payment of allegedly incurred taxes and processing costs from the investors. These scams only serve the purpose of increasing profits.
At some point, contact breaks off altogether. The capital paid has been used up. From that moment on, the only option is to go to a lawyer to take the necessary steps.
Exit alternatives – which are difficult to determine
Check at what time and how much money was paid out. It is best to avoid longer-term contracts that cannot be terminated early or where you would suffer high financial losses.
Only enter into longer-term contracts without the possibility of early termination with financial service providers such as Blacklands Finance Limited, whose reliability you have no doubts about. Even if you have the option to waive a contract at any time or to cancel it over a specified period of time, you should be critical.
Even if these options are available, you may still be vulnerable to monetary damages. Make sure you know exactly how much capital you will get back if the investment goes wrong. The following rule applies to transactions in securities:
Before the end of the term, find out what options are available to you to get rid of share certificates.
It is often crucial to know whether there is a liquid market for services such as those offered by Blacklands Finance Limited. It is possible to sell share certificates through an online broker or a financial institution. All three methods are approved for placing a sell order.
The actual selling process is therefore carried out via a stock exchange (e.g. Berlin, Stuttgart, Frankfurt, Tradegate or Xetra) (e.g. for penny stocks). With order supplements, the execution of the order can be guided from the beginning. The share certificates are discharged at a time and place defined by you.
Money Back from Blacklands Finance Limited: Increase Your Chances with the Assistance of Lawyers
It is advisable to take steps as soon as possible as soon as the suspicion is confirmed that an investment service provider is not working seriously and there is a risk that the online broker will refuse to make repayments.
Apart from filing a report with the criminal investigation department on behalf of our clients and notifying the financial authorities, the broker should also be held legally responsible if necessary. In doing so, the contractual claims against the operator of the trading platform as well as possible compensation options are examined.
In the case of financial transactions, it is also essential to check whether financial institutions can be held liable in the event of an error. Claims for damages against financial institutions can arise, for example, in the case of money laundering or other illegal activities.
However, this must be examined depending on the context at hand. If your provider delays the payout, you should contact an experienced law firm immediately:
- Give us the names and contact details of anyone you have spoken to
- Tell us the facts of the case via email
- Tell us how long the online broker has not paid you
Our solicitors will give you a free initial assessment in relation to Blacklands Finance Limited. We will also let you know at short notice whether we believe you have a good chance of recovering your losses.