Firebird Crypto – the company titled itself on its corporate website http://firebirdcrypto.com/ as . In doing so, Firebird Crypto had offered different services to its clients. The online presence of the service provider is currently no longer accessible. If you have invested money with the online broker Firebird Crypto and are now experiencing difficulties with repayment, our lawyers will be happy to help you.
Firebird Crypto – safe trading with high leverage?
Currently there is a very high number of providers such as Firebird Crypto. As a result, it has never been as easy but also risky as now to invest in the unpredictable financial markets. Precisely because there are a lot of options, choosing a financial service provider can be time-consuming and daunting. Especially if it is to suit your individual investment plans. Are you considering investing with Firebird Crypto? Then the following points are important for you as an investor.
- Entry to the global stock markets is made easier and more affordable for investors through online investing.
- An ideal address for capital investors who want to enquire about securities, futures, options and cryptocurrencies is a homepage like this one.
- Regulated online brokers, trustworthy internet sites, costs and bonuses, offering options and customer reviews are just a few of the points to factor in when making your irrevocable choice.
- In online trading, you can use a large number of order types.
The following information is general advice for investors – regardless of the platform in which you invest capital.
How risky is trading with service providers like Firebird Crypto?
Just as the stock market and other financial markets are subject to specific risks, so is online trading. As an investor, you should therefore examine Firebird Crypto with regard to the following topics:
- Insufficient knowledge about the product
- Disadvantages that arise from careless or incompetent trading
- Service providers who are unreliable
- The risks and dangers of online security
- Risks associated with the product, e.g. conceivable losses
Reduce risk by looking for a proven track record when choosing an investment service provider. In this context, it is also essential that you are guaranteed reliable money management. This is the only way you can comfortably navigate the online trading world. Investors who have a deft hand can definitely benefit and their earnings may be high. As long as they have the right approach.
One thing everyone who starts trading should be aware of is that the threat of losing more funds than deposited into the broker Firebird Crypto account while trading on the stock exchange is always there.
Has Firebird Crypto contacted you by fax?
Have you ever received stock proposals by email from a provider like Firebird Crypto that you do not know? Do you get fax messages from the stock exchange that you didn’t ask for? Or have you received a supposed “insider tip”? Investors should be wary of such tips, as they are usually spread by untrustworthy groups as well as providers who want to make a profit by selling share certificates from a made-up success story. Cases have also come to light in which consumers and investors are contacted by an apparent stock exchange supervisory authority. It is erroneously claimed that the people contacted have become victims of a fraud and that the respective data has been passed on to the stock exchange supervisory authority by the apparent Federal Public Prosecutor’s Office in Karlsruhe. The persons written to are asked to fill out a web form. This is an obvious attempt at fraud. In any case, we advise against contacting such a person or providing sensitive data, such as user names, passwords, credit card numbers or other identifying information, e.g. your account data at Firebird Crypto.
Discover Pump & Dump in time and protect yourself
The term pump and dump is used to explain a situation in which the value of a share is artificially inflated by insiders. Subsequently, the same share is sold again at a loss to the other investors. This is therefore a fraud. A fraud that profits from the inexperience of small investors and stock market novices. This approach is therefore not permitted in a controlled securities market and for providers such as Firebird Crypto.
The crypto market, on the other hand, is still almost completely “Wild West” as far as these same tactics are concerned. For this reason, extreme vigilance is required! Pump-and-dump scams are more common there in connection with the so-called altcoins. The pump-and-dump scam is used by fraudsters to drive up the market price of a currency they do not know or may have created themselves.
They achieve this by spreading false information on the WWW or in social media or by luring co-investors with unreasonable profit expectations. So make sure that the provider Firebird Crypto provides you with all the information you need on this topic.
Differences: reliable and dubious operators of trading websites
On dubious online trading platforms, there are a variety of capital goods that are aggressively advertised in blogs and social media to lure investors. In addition, “network marketing” is used to solicit new investors. The advertising mainly emphasises the assurance of prompt profitability. In order to start investing, an interested investor must first of all create a user account with the trading platform – as is the case with Firebird Crypto.
Then the supposed brokers contact the investor via a call centre and do everything they can to persuade him to invest large sums of money. The optimistic attitude of investors towards cybertrading is partly reinforced by the desire for future profits. Clients are more willing to invest in the future if they see exactly the kind of results they want. At this stage, investors are deceived by a corrupted trading algorithm about the true evolution of stock market data and prices.
Firebird Crypto does not necessarily belong to this category. The backers use their own biased price values to calculate profits. This means that the trading provider has complete control over whether or not a profit is made. Until the supposed returns are paid, this rip-off will continue. When the moment of payment arrives, the buyers suddenly no longer have access to their accounts and the direct contacts associated with them.
The majority of all investors lose their money fully invested in such fraudulent trading, so they are forced to call in a lawyer.
Costs and commissions in online trading – inform yourself early on
Before investing with Firebird Crypto, find out how much of your investment amount will be used to cover costs, fees and commissions. This is a good time to thoroughly check the information provided by the providers! Investors must be informed of all fees payable and their effect on the profit margin of investment service providers. In addition, the costs must be presented individually. In the event that you request a presentation of any costs, providers are obliged to give you this information.
For understandable reasons, a service provider such as Firebird Crypto is usually interested in as many transactions as possible. Often the fees are so enormous that it is difficult to make a profit. The costs can even eat up the invested assets in a very short time. Therefore, be sure to pay attention to the costs! The broker’s trading fees must be publicly visible. The clarity of the cost structure is also specified in the applicable guidelines and regulations.
In the event of a violation, the service provider’s regulatory licence can be withdrawn.
Recover payments from Firebird Crypto: Lawyers help
Investors who have suffered losses with a company like Firebird Crypto, or who have problems getting their profits paid out, should first stop additional payments. Then, in any case, it is advisable to find a lawyer and have him look at any options for recovering your investment. It is important:
- act quickly
- seek legal help
- do not despair
Do you have questions about the provider Firebird Crypto? In this case, our lawyers are at your disposal. Feel free to contact us to discuss Firebird Crypto.