Coins Crossing – On its website, the provider claims to be a service provider in the field of finance. Accordingly, investors could achieve high profits. At the time of writing, the website of the service provider was no longer accessible.

In a warning notice, the Financial Services and Markets Authority expressed the suspicion that the provider lacked the necessary authorisation to offer these financial services.

If you have invested capital with the provider Coins Crossing and are now experiencing repayment problems, our lawyers are here to help and advise you.

Coins Crossing – Broker Reviews

Currently, there is an enormous number of investment service providers such as Coins Crossing. This means that 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 an online broker can be time-consuming and challenging. Especially if it should correspond to your individual investment plans.

Are you considering investing capital with Coins Crossing? In this case, the following aspects are important for you as an investor.

  • When trading online, you can use a variety of order types.
  • State-regulated brokers on the Internet, reputable websites, costs and bonuses, product options and reviews of customers are only exemplary aspects that you would have to take into account when making your final decision.
  • Access to international stock exchanges is becoming easier and more affordable for capital investors through online investing.
  • An ideal place for investors to go to learn about securities, futures, binary options and cryptocurrencies is a web presence like this one.

The information below is general advice for investors – regardless of the platform you invest in.

Coins Crossing Provider Checklist: General tips to protect you from disadvantages

The following list serves to protect you from trading platforms with dubious intentions.

  • Do not accept unsolicited investment recommendations from strangers via telephone solicitations or emails.
  • Do not use any remote maintenance software that gains access to your terminal equipment.
  • Is the online trading service provider Coins Crossing a company licensed by the Federal Financial Supervisory Authority or in another state of the European Union?
  • Ask yourself: What is the name of the contact person I should get in touch with?
  • Find out as much as possible about the supplier and the goods you want to buy (search engines, blog entries, online card services).
  • Is a provider like Coins Crossing listed in the company database of the relevant EU control authority?
  • Identity theft is a serious nuisance: please do not hand over a copy of your photo ID. Criminals usually ask you to do this.
  • Is there a complete imprint on the internet presence?

Are you lured by Coins Crossing with investments on trial?

Does Coins Crossing tempt you to try out investments with a smaller sum? Can you not find any information about the provider because it is supposedly a recently founded company with interesting business ideas?

There is a good chance that the investment tip is a deception. After a short time, the service provider will tell you that your investment was an enormous success and ask you to increase your investment.

The success of your trial investment may lead you to make additional investments.

Here are some examples of dubious investment tips:

“Would you like to convert 1000 euros into 250,00.00 euros?” , “5-star share with a dividend of 47.88 percent” , “With the automatic share profit method you will earn 3500.00 euros a month!”

Anyone who holds out too much promise, and that too unsolicited, is rarely trustworthy! But also check which offers and promises are made to you by the broker Coins Crossing.

Is it possible to make an almost risk-free deposit on the grey capital market?

Only a few of the financial market participants like Coins Crossing are subject to official regulation and control. In the grey capital market, providers operate who do not even need a licence from the Federal Financial Supervisory Authority and have nothing more to follow than a few regulatory criteria.

Only invest in the grey capital market if you are convinced of the solvency of the company and it is known to you as a company. As already mentioned, BaFin has no control at all over these providers.

The grey capital market contains a wealth of possibilities. There are:

  • Direct investments such as in timber, precious metals or other commodities
  • Crowdfunding offers
  • Profit participation rights and other hybrid forms of bonds
  • Ordinary bonds
  • Corporate investments

One thing is certain: it is uncertain what the final outcome will be for the investor.

Is it not easy for you to understand the financial product being advertised? Then you should find out as much information as possible before making a choice.

Don’t buy anything you don’t fully understand! When it comes to investments, the more experience you need, the more sophisticated the financial product.

It is also not advisable to put all your assets on one card. Diversify your risk beyond Coins Crossing.

To avoid being swayed to your disadvantage, it is wise to always focus on the product itself and not on the name or presentation of the financial service.

Contacting and proceeding with dubious online trading platforms

A variety of investment products exist on fraudulent provider websites, which are aggressively advertised in internet forums and social media in order to convince investors.

In addition, “multi-level marketing” is used to solicit new investors. In the advertising, the guarantee of prompt profitability is emphasised first and foremost.

In order to start investing, a potential buyer first has to create an account with the trading platform – as is the case with Coins Crossing. After that, the perpetrators contact the potential new customer via a call centre and try to persuade him to invest large sums of money.

The investors’ optimistic attitude towards cybertrading is partly supported by the idea of future profits.

Buyers are more willing to invest in the future if they see exactly the kind of results they want. At this point, investors are deceived by a corrupted trading algorithm about the true trend in stock market data and prices. Coins Crossing does not necessarily fall into this category.

The backers use their own biased price values in calculating returns. As a result, the service provider has complete control over whether or not a profit is made.

Until the supposed returns are distributed, this swindle will continue. If the investor demands the distribution, the clients suddenly no longer have access to their client accounts and the individual contacts associated with them. The vast majority of investors lose all their money invested in such fraudulent trading, forcing them to contact a lawyer.

Online Trading: Be sure to plan for fees

Before investing with Coins Crossing, find out how much of your investment amount will be used to cover costs, fees and commissions. This is a useful time to check the details provided by the providers in detail!

Investors must be made aware of all fees charged and their effect on the profit margin of financial service providers. Furthermore, remuneration must be listed separately.

Provided that you request a detailed overview of all costs, the providers are obliged to give you this information.

For obvious reasons, a provider such as Coins Crossing is usually interested in as many transactions as possible. Often the costs are so exorbitant that it is difficult to make a profit. The fees can even eat up the invested assets in a very short time.

Therefore, be sure to take the costs into account! The broker’s trading fees must be available to everyone. The clarity of the structure of the costs is also laid down in the legal regulations and licensing.

In the context of a breach, the provider’s licence can be revoked.

Recover funds from Coins Crossing: Lawyers help

Investors who have lost funds with a service provider such as Coins Crossing, or who encounter complications getting their money paid out, should first and foremost avoid additional payments. Afterwards, it is highly advisable to consult a lawyer and have him or her look at all the chances of getting your money back.

It is important:

  • never lose hope
  • seek legal help
  • react quickly

Do you have questions about the provider Coins Crossing? Then our lawyers are ready to provide you with information.

Feel free to contact us. This will take you to our form on our contact page to exchange information about Coins Crossing.