Global Success Management – The supposed investment company Global Success Management presents itself on its website as an online broker. You encounter difficulties with the distribution of your investment? Our lawyers can help you with claims against Global Success Management.

Global Success Management – What is known about the online broker?

There are currently an extraordinarily high number of online trading platforms such as Global Success Management. This means that investing in the unpredictable financial markets has never been easier, but also riskier. Especially because there are so many options, choosing a provider can be time-consuming and frustrating. Especially if you want them to match your particular investment preferences.

Are you considering investing with Global Success Management? Then the following points are important for you as an investor.

  • An ideal address for investors who want to find out about securities, futures, binary options and cryptocurrencies is a website like this one.
  • In online trading, you can use a wide range of order types.
  • Entering the cross-border financial markets becomes more convenient and interesting for money investors through online investments.
  • Regulated brokers on the internet, secure providers, fees and commissions, product options and reviews from customers are only selected criteria that you should plan for when making your final decision.

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

How credible are Global Success Management’s services?

The following considerations should be kept in mind when looking for opportunities to invest your capital online:

  1. Quality seals are often used by fake shops to suggest that they are reputable. To see if a link leads to the homepage of the quality seal and if the shop is also mentioned there, click on the image of the seal. It is quite possible that the operator of the WWW page has simply copied the quality seal from another online presence and transferred it to his current website without the correct certification.
  2. Look for an imprint on the provider’s website. If this is not the case, you should: Hands off! But also take into account that an imprint can be faked.
  3. Financial service providers such as Global Success Management must be licensed in Germany by the Federal Financial Supervisory Authority (BaFin). The BaFin’s company database contains information on licensed service providers.
  4. In The Federal Republic of Germany, the imprint must include an address, the contact details of an authorised representative of Global Success Management and a telephone number.
  5. It can be very helpful to find out what other clients are saying about a potential service provider, even if it is only on the net.

Does Global Success Management entice you with trial investments?

Does Global Success Management entice you to try investments with a small amount? Can’t find any details about the financial service provider because it is supposedly a recently established company with exciting business ideas? There is a good chance that the investment tip is a scam. After a very short time, the provider will tell you that your investment was a huge success and ask you to increase your investment.

The success of your trial investment may tempt you to make additional investments. Here are some examples of dubious investment tips: “5-star stock with a dividend of 47.88 per cent” , “Invest just five minutes of your life and become a stock market billionaire.” , “Would you like to convert 1000 euros into 250,00.00 euros?” Anyone who holds out too much promise, and that too unsolicited, is rarely serious!

Nevertheless, also check which guarantees and offers are presented to you by the provider Global Success Management.

Investing in the grey capital market? Advice for your safety

Only a few of the financial market participants such as Global Success Management are subject to official regulation and supervision. In the grey capital market, there are financial service providers who do not need a licence from BaFin and only have to follow a few regulatory rules. Only invest in the grey capital market if you are sure of the provider’s liquidity and it is known to you as a company.

As I said, the Federal Financial Supervisory Authority has no control over these service providers at all. The grey capital market holds a wealth of options. There are:

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

One thing is certain: it is unclear how it will ultimately turn out for the investor. Do you find it difficult to understand the product on offer? If so, you should gather as much information as possible before making a decision. Don’t invest in anything you don’t fully understand! When it comes to investing, the more experience you need, the more complicated the financial product.

It is also not recommended to put all your capital on one card. Spread your risk beyond Global Success Management. To avoid being influenced to your disadvantage, it is advisable to always focus on the product itself and not on the name or presentation of the financial service.

Deal with the risks of cybertrading

Classic investment fraud is carried out using well-known methods such as advertising, unsolicited telephone calls or stock market letters. When it comes to running scams, the old-fashioned method is fast becoming obsolete in the digital age. The modern type of investment fraud can be described with the term “cybertrading”. Investment products are traded fraudulently via the World Wide Web.

Fraudulent investments include investment products such as contracts for difference and cryptocurrencies. Global Success Management’s offerings have also been used by other service providers in a similar way to dupe investors. Investors are increasingly informing themselves about investment opportunities on the internet.

In making their decisions, people rely on their own expertise or on the suggestions of others in weblogs, forums and other online portals. The switch to ever new financial products has no long-term effect on criminal activities related to the organisational structure. Since the mafia-like organisations rely on already existing and widely recognised infrastructures, there is no need to switch to a new “business model”.

No matter what financial product is traded, the process of cybertrading is almost congruent. These investment products are advertised penetratingly in social media or with paid advertisements. The focus here is almost exclusively on the presentation of ludicrously high returns. Calculate the probability of earning high profits with Global Success Management before you invest.

Duty to inform about commissions and costs

Before investing with Global Success Management, find out how much of your investment amount will be used to cover expenses, fees and commissions. This is a good time to thoroughly review the information provided by service providers! Investors must be informed of all costs charged and their impact on the return from investment service providers. In addition, remuneration must be listed separately.

Once you request a breakdown of any fees, providers are obliged to give you this information. A broker like Global Success Management is normally interested in as many trading transactions as possible for understandable reasons. Often the costs are so exorbitant 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 take the costs into account!

The commission fees of the online broker must be publicly available. The clarity of the structure of the costs is also set out in the legal provisions and regulations. If there is a violation, the provider’s regulatory licence can be withdrawn.

Losses with Global Success Management – What You Can Do

Have you invested with Global Success Management, or a similar service provider? Now you are encountering obstacles to payout? Then it is advisable to immediately stop further payments. This is especially true if the broker advises additional payments to compensate for losses. In addition, you should try to recover the lost capital.

In this regard, aggrieved parties can seek investor protection and contact the lawyers of our law firm. Our law firm examines civil law as well as criminal law options and possible claims for damages against the provider and against involved payment service providers such as banks.

“It is far from being an isolated case if a private investor loses his capital in the course of online trading. Many investors are deceived by the professional appearance of the financial providers and only realise too late that they are not responsible for their loss Our advice is therefore not to resign, but to act quickly and actively.

Because the prospect of recovering the lost money is often greater than the aggrieved private investors suspect. Would you like to talk to one of our lawyers about Global Success Management? Then you can go straight to our contact page here.