Edigitalfxtrade – is, according to statements found on the company’s website https://edigitalfxtrade.com/, a provider of online trading with cryptocurrencies that offers its customers various services.

You have invested with Edigitalfxtrade and want your money back? The law firm Herfurtner helps you with obstacles.

Edigitalfxtrade – Evaluation

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

Especially because there are so many options, choosing an online broker can be time-consuming and frustrating. Especially if they are supposed to meet your particular investment needs. Are you considering investing with Edigitalfxtrade? Then the following points are important for you as an investor.

  • In the field of online trading, you can use several types of orders.
  • A suitable address for investors who want to learn about shares, futures, options and cryptocurrencies is a homepage like this one.
  • Access to transnational financial markets is becoming more practical and affordable for investors through online investing.
  • Licensed brokers on the internet, secure portals, fees and brokerage charges, product options and customer feedback are just exemplary criteria to factor in when making your irrevocable choice.

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

Are providers like Edigitalfxtrade reputable?

Capital investors have a wide range of investment opportunities at their disposal, with reliable and questionable service providers competing for their favour. There are many indications that a service or even a product does not inspire confidence, and it is significant to have a look.

Here’s what to look for in case you’re investing your hard-earned capital. Banking, financial services and insurance companies such as Edigitalfxtrade are allowed to operate in Germany with state authorisation alone. The companies may be licensed, but that does not mean that the services they sell are of excellent quality.

Assuming that a prospectus or information sheet approved by the German financial supervisory authority has been published in advance, shares and investments can also be made available to the general public. BaFin’s sole responsibility is to ensure that prospectuses are complete, comprehensible and coherent.

The prospectus or the information sheet of Edigitalfxtrade is by no means necessary in every circumstance. Before you invest money, you should think about your long-term expectations and assess whether you have the actual means to achieve them. Do not rush the process.

Before putting your assets into an investment, take time to look at the pros and cons. Do not make a choice immediately, even if you have consulted with others.

Does Edigitalfxtrade require quick action on investments?

Do you notice the pressure of a tight deadline? Is the broker tempting you with a special offer, but you are under pressure to make a choice quickly? This is certainly not an ideal idea, because it is usually a feint. Don’t be in a hurry! Not only can you get serious offers now, but you can also invest with Edigitalfxtrade in the future.

To achieve their goal, con artists know in detail what they have to do. They strive to get as much info as they can about their targeted person through cleverly crafted enquiries. They also ask about the other person’s circumstances, for example whether he or she is home alone or whether he or she keeps money at home.

Furthermore, they use a tactic of “wait and see” to make the person desperate. They can keep their counterpart on the phone for a very long time until he or she agrees to go to the house bank and hand over money and additional valuables to the fraudsters. In one of these scams, time pressure is imposed on the injured party.

With that tactic, the injured party is urged to ignore his own vigilance. Topical support scams use the same method.

Since the contacted person’s computer is allegedly attacked by an extremely serious computer virus, the callers, presumably acting on behalf of Microsoft or such a provider as Edigitalfxtrade, demand urgent payment for a maintenance contract in English with an Indian accent.

The scammers increase the pressure by threatening to make the targeted persons pay if their computer is infected and transmits the infections.

What is a pyramid scheme?

A Ponzi scheme, or Ponzi scheme, is a type of capital fraud. It involves pooling assets from new investors and then using them to pay out money to the previous victims. The organisers of Ponzi schemes usually assure you that they would invest your assets and make huge returns without risking your money.

Nevertheless, in many Ponzi schemes, the criminals do not actually invest the assets they take. Rather, it is used to pay off people who paid in earlier. In this way, the criminals can keep some of the money for themselves. So pay attention to the risk-reward ratio in all investments – including Edigitalfxtrade.

Ponzi schemes require a constant inflow of new assets to keep running, as they have very little or no real income. Many of these schemes fail when it becomes onerous to generate new investors or when a considerable number of investors drop out.

In the event that you wish to invest money with a provider such as Edigitalfxtrade, you should without exception act prudently. Indicators to watch out for include:

  • The distribution of returns does not work out? If you do not receive any payments or find it difficult to get distributed, you should be on your guard. The operators of Ponzi schemes may try to persuade participants to stay by guaranteeing even higher profits if they do not withdraw money.
  • Deposits that are not reported to financial regulators. In the most common cases, Ponzi schemes are unregistered deposits that are not supervised by official authorities such as Bafin.
  • Tactics that are difficult to identify. Keep your money out of the stock market if you do not know enough about it.
  • Risk-free profits with little or no volatility. Every investment involves some risk, and the riskier a deposit is, the more likely it is to yield a high return.
  • Selling without licensing: Investment professionals and firms must be licensed or registered under federal and state securities regulations. The most common Ponzi schemes involve unlicensed people or providers.
  • Overly predictable outcomes. Over time, financial investments tend to rise and fall. Any investment that delivers good returns without interruption, regardless of market conditions, should be viewed with a high degree of scepticism.

Online trading platforms: Learn to recognise reputable providers

A variety of capital goods exist on questionable online trading platforms, which are penetratingly advertised in forums and social media to lure investors. In addition, “network marketing” is used to solicit new investors. The advertising mainly emphasises the assurance of short-term profitability.

In order to start investing, an interested investor must first create a user account with the trading platform – such as Edigitalfxtrade. Next, the perpetrators contact the investor via a call centre and try to persuade him to invest large amounts of money.

The optimistic attitude of money investors towards cybertrading is partly supported by the desire for future profits. Clients are more willing to invest in the future if they see exactly the kind of results they hope for. At this stage, investors are misled by a manipulated trading algorithm about the true trend in stock market data and prices.

Edigitalfxtrade does not necessarily belong to this category. The backers use their own unilaterally determined price values when calculating returns. As a result, the financial service provider has complete control over whether or not a profit is made. Until the supposed profits are paid, this deception will continue.

When the time comes for the distribution, the clients suddenly no longer have access to their accounts and the individual client advisors associated with them. The majority of investors lose their capital fully invested in this illegal trade, forcing them to seek legal counsel for assistance.

What are the order fees for online trading?

Before investing with Edigitalfxtrade, find out how much of your investment amount is used to cover costs such as 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 payable and how they affect the profit margin of investment service providers.

In addition, remuneration must be listed separately. Insofar as you request a presentation of the individual fees, the financial service providers are obliged to provide you with this information. An online broker such as Edigitalfxtrade is usually interested in as many trading transactions as possible for understandable reasons.

Often the costs are so enormous that it is difficult to make a profit. The fees can even devour the invested assets in a very short time. Therefore, be sure to take the costs into account! The broker’s commission fees must be available to everyone.

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

Lawyers give advice on Edigitalfxtrade

Investors who have suffered losses with a provider such as Edigitalfxtrade, or who encounter difficulties in withdrawing their money, should first stop further deposits. It is then highly advisable to seek legal advice and have them investigate any possibility of recovering investments.

It is important: do not lose hope, act quickly, seek legal support Do you have questions about the service provider Edigitalfxtrade? Then our lawyers are at your disposal. Feel free to contact us to discuss Edigitalfxtrade.