Deutschtrader – The website advertises itself as a trading platform. On its website, ingenious investments in the areas of forex, indices and commodities are possible.

Currently, the German financial supervisory authority BaFin is warning against the provider and investigating the operator of the website If you have invested with Deutschtrader and there are problems with the payout, the lawyers of the Herfurtner law firm are available to help you in word and deed.

Deutschtrader – BaFin initiates investigations

Currently, there is an extremely high number of investment service providers such as Deutschtrader. As a result, it has never been as easy but also unsafe as now to invest in the unpredictable financial markets.

Precisely because there are countless opportunities, choosing an online broker can be time-consuming and frustrating. Especially if it is supposed to satisfy your respective investment intentions. Are you considering investing with Deutschtrader? Then the following aspects are relevant for you as an investor.

  • When trading online, you can choose from a wide range of order types.
  • State-licensed online brokers, secure websites, costs and brokerage fees, product options and customer reviews are just a few of the considerations you should take into account when making your final decision.
  • Entering the international financial markets is becoming easier and more interesting for money investors through online investing.
  • An ideal address for money investors who want to learn about share certificates, futures, binary options and cryptocurrencies is a website like this one.

The following information is basic advice for investors – regardless of the platform you invest in.

Regulatory financial supervision: Licensing of service providers like Deutschtrader

Both financial markets and investor protection benefit from rules of conduct and organisational responsibilities. Bond service companies and firms like Deutschtrader have to comply with a number of standards of conduct. The same applies to their employees.

This is intended to prevent conflicts of interest and the associated disadvantages for investors. This includes the obligation of the company to inform its corporate clients about the most important 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, extended information is needed for clients who want to engage in highly speculative or risky transactions. Companies such as Deutschtrader have a responsibility towards their clients.

This goes significantly beyond making an offer or service available. Does the service provider have a licence to sell investment products? You should definitely check this. To do this, you can use the broker check data collection of a financial supervisory authority and type the name of the service provider into the search mask.

Cold Calling – how does this unauthorised procedure work and does Deutschtrader also use it?

Have you ever received a phone call from a stranger who presented you with a special offer? Do not answer under any circumstances. Unsolicited calls are prohibited. “Cold calling” is clearly prohibited at securities service providers and similar companies such as Deutschtrader.

There are also people who claim to work for professional internet trading platforms. In this way, they want to get people to entrust them with their personal information. As a rule, after your initial deposit, you are asked to deposit more funds.

Phone scammers are always coming up with new ways to rob investors of their savings, cash and other valuables. A commonly known tactic of the rip-off artists is to call the people they want to harm at inconvenient times of the day.

This is, for example, very early at dawn or very late at night. Times, in other words, when they are most vulnerable. In addition, the criminals pretend at the beginning of the conversation that they and the person being called know each other.

The other method works as if the callers are friendly. In this way, the criminals convey a feeling of sympathy and trust to the person they are communicating with on the phone. Check whether you are really dealing with the Deutschtrader company when they call you.

Pump and Dump – the common scam method

The term pump and dump is used to describe a situation in which the value of a share is artificially inflated by insiders. Afterwards, the same share is sold at a loss to the remaining investors. This is therefore a fraud. A trickery that profits from the cluelessness of small investors and stock market novices.

This approach is therefore inadmissible on a controlled securities market and for providers such as Deutschtrader. The crypto market, on the other hand, is still largely “Wild West” as far as such tactics are concerned. That is why special attention is required!

Pump-and-dump scams are frequently encountered there in connection with the so-called altcoins. The pump-and-dump scam is used by criminals to drive up the market price of an unknown or possibly independently created currency.

They achieve this by propagating false information on the internet or social media or by luring co-investors with unreasonable profit expectations. So make sure that the provider Deutschtrader provides you with all the necessary information on this complex of topics, if requested.

Scheme of investment fraud: Tips for your protection

You want to invest with Deutschtrader? Then you should find out all the necessary information about the company. Investment fraud is a special form of fraud. The perpetrator guarantees or pretends a lucrative capital investment on the capital market to a larger circle of people.

Capital investment fraud is sanctioned with a prison sentence of up to three years or a fine in accordance with Section 264a of the Criminal Code. Subsequent services and measures may sometimes come into question as capital investment fraud:

  • Unwanted telephone advertising calls, so-called cold calling
  • Shareholdings in shares, funds and certificates
  • Shareholdings in companies
  • Boiler room scam, a cold call seeking investors by telephone call

Anyone who has fallen for capital investment fraudsters has usually invested a lot of assets. What can you do in case of investment fraud?

  1. Making claims for damages: People who have been given improper advice can claim damages from the investment advisor.
  2. Withdrawing or contesting contracts: Affected persons who have concluded a contract can withdraw or contest it in the case of investment fraud.
  3. Retrieve money: If payments have been made via credit card, this can be retrieved in various cases by involving a law firm. In the case of bank transfers from the current account, this can often be recovered by bank order.
  4. Involve the police and financial supervisory authority through legal counsel: There are collective police proceedings against some fraudulent companies in the FRG and also abroad. The criminal investigation department is authorised to have the accounts of the criminals blocked and the assets seized. In addition, the public prosecutor’s office becomes active.

What is an order commission?

Before investing with Deutschtrader, find out how much of your investment sum is used to cover costs such as fees and commissions. This is a good time to look in detail at the information provided by the providers! Investors need to be made aware of all fees charged and their impact on the return from financial services providers.

In addition, the costs must be presented separately. If you request a detailed overview of any fees, providers are obliged to give you this information. A service provider such as Deutschtrader is usually interested in as many trading transactions as possible for understandable reasons.

Often the costs are so high that it is difficult to make a profit. The costs can even eat up the invested capital in a very short time. Therefore, be sure to pay attention to the costs! The broker’s trading fees must be publicly visible.

The transparency of the structure of the costs is also stipulated in the official rules and regulations. If there is a violation, the service provider’s official authorisation can be withdrawn.

Repayment of investments with Deutschtrader: Increase your prospects

Investors who have lost capital with a company like Deutschtrader or who encounter problems getting their money paid out should first stop further deposits. Afterwards, it is highly advisable to seek legal advice and to have them examine all the chances of getting their investments back. It is important:

  1. never bury your head in the sand
  2. react quickly
  3. seek legal support

Do you have questions about Deutschtrader? Then our lawyers are at your disposal. Feel free to contact us to discuss the topic of Deutschtrader.