Definite Area – The supposed financial service provider Definite Area presents itself as an online broker on its online presence https://definitearea.com/.
You encounter complications with the payout of your capital investment? Our lawyers can help you with claims against Definite Area.
Definite Area – Provider Experience
Currently, there is an extremely high number of online trading platforms such as Definite Area. This means that it has never been so easy, but also risky, to invest in the volatile financial markets. Especially because there are a large number of options, choosing an online platform can be time-consuming and daunting. Especially if you want it to meet your personal investment preferences.
Have you already invested with Definite Area? In this case, the following points are important for you as an investor.
- A good address for investors who want to find out about securities, futures, binary options and cryptocurrency is a homepage like this one.
- Officially regulated brokers on the internet, reputable provider sites, fees and bonuses, offer options and reviews by customers are only selected criteria that you should include in your final decision.
- Access to the international stock markets is becoming easier and more lucrative for investors through online investments.
- When trading on the www, you can use a variety of order types.
The following tips are general suggestions for investors – regardless of the platform in which you invest capital.
Online trading with Definite Area or other investment service providers: risks and dangers?
Just as the stock exchange and other financial markets are exposed to special dangers, so is online trading. As an investor, you should therefore check Definite Area with regard to the following aspects:
- Lack of knowledge about the product
- Risks and dangers that may be associated with the product, e.g. potential losses
- Online trading platforms that are dubious
- The risks of online security
Minimise risk by ensuring that you have a proven track record when choosing a financial services provider. In this context, it is also important that you are assured of secure money management. This is the only way you can be reasonably safe in the internet trading arena. Online traders who have a deft touch can definitely make a living from this, and their profits may be super-average.
As far as they have the right approach. One thing everyone who starts trading should be aware of: The danger of losing more capital than was deposited into the Definite Area provider’s bank account when trading on the stock exchange exists all the time.
Does Definite Area also offer trial investments?
Does Definite Area persuade you to try out investments with a smaller sum? You cannot find any information about the provider because it is supposedly a new company with exciting business ideas? The probability is high that the “insider” tip is a deception. After a very short time, the investment 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 make you want to make further investments. Here are some examples of dubious investment tips:
- “With the automatic share profit method you make 3500.00 € per month!”
- “With just 5 minutes of your life you can become a self-made billionaire.”
- “5-star stock with a profit share of 47.88%”
Anyone who promises too much, and that too unsolicited, is in the rarest cases serious! Nevertheless, also check which offers and promises are made to you by the online broker Definite Area.
Pump and Dump – Explanation
The term pump and dump is used to explain a situation in which the price of a share is driven up unnaturally by insiders. Afterwards, the same share is sold again at a loss to the other investors. This is therefore a fraud. A fraud that profits from the cluelessness of small investors and stock market novices.
This strategy is therefore forbidden in a controlled securities market and for service providers like Definite Area. The crypto market, in contrast, is still almost completely “Wild West” as far as those tactics are concerned. For this reason, special caution is indispensable! Pump-and-dump scams are more common there in connection with the so-called altcoins.
The pump and dump scam is used by criminals to inflate the value of an unknown or even independently created currency. They do this by spreading disinformation on the World Wide Web or in social media or by luring co-investors with unreasonable profit expectations. So make sure that the provider Definite Area provides you with all the necessary facts on the subject, if requested.
Characteristics of reliable online platforms
On dubious online trading platforms, there is an abundance of investment goods that are aggressively advertised in forums and social media to lure investors. In addition, “multi-level marketing” is used to attract new investors. The advertising mainly emphasises the promise of immediate profitability. In order to start investing, a potential buyer must first create an account with the online trading platform – like Definite Area.
Then the perpetrators contact the investor via a call centre and do everything they can to convince him to invest large sums of money. The investors’ optimistic attitude towards cybertrading is partly strengthened by the desire for future profits. Buyers are more willing to invest in the future if they see exactly the kind of results they expect.
At this point, investors are misled by a corrupted trading algorithm about the true evolution of stock market data and prices. Definite Area does not necessarily belong to this category. The backers use their own unilaterally defined price values when calculating profits. This means that the financial service provider has complete control over whether a profit is made or not.
Until the supposed profits are distributed, this manipulation will continue. If the investor wants the payout, the buyers 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 such fraudulent trades, so that they are forced to ask a lawyer for help.
Recovery scam explained simply: properly evaluate providers for recovering lost investments
Anyone who has ever lost capital to a fraudulent investment platform knows how devastating it can be. That alone is terrible enough. But in addition, the scammers behind the bogus entity will contact you by email or phone call in a manageable amount of time. This time, however, they do not pose as Definite Area brokers. Instead, they guarantee to help you recover your lost money in exchange for an upfront payment.
Many rip-off artists even seem to have been hired or entrusted by trustworthy organisations such as a financial authority. After stealing your personal information, the scammers usually pose as good Samaritans. They guarantee to assist you in recovering the stolen money. Even if you have invested money with a service provider like Definite Area, your contact details may be stolen.
Anyone who has lost a substantial amount of money is usually distressed. The criminals take advantage of people’s concern by calling themselves “recovery companies”. They offer their services under the guise of assisting them to get their funds back. That is, they make dubious assurances that they will recover the money they have lost.
Do you want to recover your funds from Definite Area? Our lawyers can help
You should take precautions as soon as possible if your suspicions are confirmed that a provider is not operating in accordance with the regulations and there is a risk that the broker will refuse to pay out your profits. In addition to a criminal complaint and a notification to the tax authorities, the provider should possibly also be held legally accountable.
In this context, the claims against the operator of the trading platform agreed in the contract as well as possible compensation options are reviewed. In the case of money transactions, it is equally important to check whether banks can be held liable in the event of an error. Claims for damages against banking institutions may exist, for example, in the case of money laundering or other illegal activities.
However, this must be checked depending on the facts of each case. If your broker refuses to pay out, you should therefore contact a professional law firm immediately:
- Discuss your case with us via email
- Let us know how long the broker has not paid you
- Give us the names and contact details of all the people you have communicated with
Our lawyers will give you a free initial assessment in connection with Definite Area. In addition, we will let you know as soon as possible whether we think you have a realistic chance of recovering your losses.