Brave Climbing Global Capital – On its homepage https://braveclimbingfx.com/, the broker claims to be a service provider in the field of finance, active in online trading. Accordingly, investors can invest in precious metals, cryptocurrencies, energy and CFDs. You have invested with Brave Climbing Global Capital and want your money back? The Herfurtner law firm can help you with obstacles.
Brave Climbing Global Capital – What is known about the online broker?
Currently, there is an extremely high number of online trading platforms such as Brave Climbing Global Capital. 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 so many options, choosing a provider can be time-consuming and frustrating.
Especially if you want them to match your particular investment needs. Are you considering investing capital with Brave Climbing Global Capital? If so, the following points are relevant to you as an investor.
- State-licensed online brokers, secure providers, costs and bonuses, product options and customer feedback are just a few of the considerations you would need to take into account when making your final choice.
- A good place to start for investors who want to find out about securities, futures, binary options and cryptocurrencies is a web presence like this one.
- When trading on the World Wide Web, you can choose from a variety of order types.
- Accessing the global stock markets is becoming more practical and affordable for investors through online investing.
The following statements are general tips for investors – regardless of the platform you invest in.
Brave Climbing Global Capital provider checklist: General advice to protect you from financial risk
The following list is designed to protect you from trading platforms with dubious intentions.
- Is a company like Brave Climbing Global Capital listed in the company database of the specific EU supervisory authority?
- Do not accept unsolicited investment recommendations from strangers via solicitation calls or emails.
- Ask yourself: What is the name of the contact person you want me to get in touch with?
- Identity theft is a serious nuisance: please do not hand over a copy of your photo ID. Fraudsters often ask you to do this.
- Is the online trading provider Brave Climbing Global Capital a company licensed by BaFin or in another EU country?
- In which city is the official headquarters of the provider?
- Do not use any remote maintenance software that gains access to your terminal equipment.
- Don’t be blinded by stories of huge monetary gains without the risk of losing investments.
- Find out as much as possible about the provider and the goods you want to buy (search engines, forums, online card services).
Does Brave Climbing Global Capital have foreign bank accounts and require bank transfers?
Does it make sense for you to transfer money abroad? Consider carefully what you are doing. Numerous investors have already lost money in the process. You may lose track of where your money is going and how it is invested. When money has been made available to a provider, it has often happened that the provider does not invest the transferred amount of money as agreed or even not at all.
There have also been cases where the company simply did not exist, although it appeared similar to Brave Climbing Global Capital. In an extension of the trend of the former “Nigeria Connection”, a lot of emails from Africa (in English, so-called “scams”) continue to circulate. These target institutions and private investors. Likewise, fake requests are reported from many other African countries.
Previously, the perpetrators acted solely from dubious locations. Now they operate from completely different locations such as the United Kingdom (including London), the Netherlands, Canada, Spain, Dubai and others. For the vast majority of people, it is difficult to see through tricky systematics. Institution not infrequently receive e-mail orders with huge order volumes that bear no relation to the usual purchase amounts.
In order to lure the German company, very large promises of profits are made. However, the considerable order volume only serves as a means of pressure in talks with the factory owner to demand correspondingly increased registration and licensing costs. It is not always comprehensible whether the addressee of this payment is also the customer of the products.
Regardless of this, it can be assumed that companies that are active abroad will not have to pay regional taxes on shipments to other countries for the time being. As a rule, this also applies to investments with Brave Climbing Global Capital.
The not insignificant threat of unauthorised orders
The placing of orders for securities transactions without the account holder’s consent can sometimes lead to a sudden rise in the price of particular shares. This applies in particular to open market transactions in illiquid foreign shares (over-the-counter market). Therefore, be sceptical if you are asked to disclose personal information about your investment with Brave Climbing Global Capital completely without your permission, citing apparently lucrative transactions or profit announcements.
Under no circumstances should you provide your IBAN, SWIFT code and other bank codes to a third party who is not known to you. Nor should you disclose your account or deposit numbers or passwords. Do not hand over any deposit papers or securities statements from Brave Climbing Global Capital to a third party you do not know. Callers posing as financial advisors, brokers or employees of financial regulators are also dangerous.
Distribution is linked to preconditions?
Buyers are often wooed by a “broker” or a call centre representative as soon as they have set up an account on the supposed online trading platform. The aim is to encourage the investor to increase his permanent investments in order to maximise his income. This is also a legal goal of the broker Brave Climbing Global Capital.
Immediately after the customer has deposited his money, preliminary profit developments are shown on his account, if applicable. This should encourage the investor to invest in the financial instrument on an ongoing basis. The operators of the trading platform, on the other hand, can use fraud software to fake account movements and profits, even without the consumer noticing.
Make sure that the accounts can also be authenticated at Brave Climbing Global Capital.
In reality, no trading takes place at all on several online trading platforms. Rather, the capital paid is forwarded by the fraudsters to bank accounts outside Germany. This is not noticed by the investors at first. The “brokers” postpone the payout of the stated monetary gains by demanding that the investors pay the taxes and commissions that are allegedly incurred.
These tricks only serve the purpose of increasing profits. At some point, contact breaks off completely. The transferred capital is used up. From this moment on, the only thing left to do is to go to a lawyer in order to take the necessary steps.
Recovery Scam? Beware of dubious offers of help after you have invested capital
Anyone who has ever lost assets to a fraudulent investment platform knows how devastating it can be. That alone is horrible enough. But in addition, the rip-off artists behind the bogus entity will contact you by email or phone call within a very short time. This time, however, they are not posing as financial advisors from Brave Climbing Global Capital.
Rather, they promise to help you recover your lost capital in exchange for an upfront payment. Many scammers even appear to have been hired or engaged by trusted companies such as a financial regulator. After stealing your sensitive data, the scammers often pose as good Samaritans. They promise to assist you in recovering the stolen money.
Even if you have deposited money with a provider like Brave Climbing Global Capital, your contact details may be stolen. Anyone who has lost an immense amount of money is usually desperate. Criminals take advantage of people’s worry by posing as “recovery” companies. They offer their services under the guise of helping them recover their money. This means they assure in a dubious manner that they will get back the lost capital.
What to do in case of losses with Brave Climbing Global Capital?
Investors who have suffered losses with a company like Brave Climbing Global Capital, or who encounter complications in getting their money paid out, should first refrain from making further payments. Furthermore, it is advisable in any case to find a lawyer and have him look at all the options for recovering your investment. It is important:
- seek legal help
- react quickly
- under no circumstances despair
Do you have questions about the provider Brave Climbing Global Capital? Then our lawyers are at your disposal. Feel free to contact us. You can access our enquiry form at this point to discuss Brave Climbing Global Capital.