JetbitX – The online broker is, according to information available on the website of the provider, a service provider for online trading, which offers its customers various services. Accordingly, JetbitX takes care of investments in forex, commodities, shares, indices and digital currencies.

If you have invested capital with the financial service provider JetbitX and are now facing complications with repayment, our lawyers can help you nationwide.

JetbitX – legal assessment

At present, there is an extraordinarily high number of online trading platforms such as JetbitX. As a result, investing in the volatile financial markets has never been as easy but also as risky as it is today.

Especially because there are so many opportunities, choosing a provider can be time-consuming and frustrating. Especially if you want it to meet your individual investment needs. Have you already invested with JetbitX? Then the following points are important for you as an investor.

  • Authority-regulated brokers on the internet, secure websites, fees and brokerage charges, product options and client reviews are just exemplary factors to consider when making your final choice.
  • Access to the world’s stock markets is becoming more convenient and lucrative for investors through online investing.
  • An optimal place for investors to go to learn about stocks, futures, options and cryptocurrencies is an online presence like this one.
  • In the area of trading on the internet, numerous order types can be selected.

The following statements are basic tips for investors – regardless of the platform you invest in.

Checklist JetbitX: Check providers in advance

The following list serves to protect you from brokers with dubious intentions.

  • Is there a complete imprint on the internet presence?
  • Ask yourself: What is the name of the contact person I should get in touch with?
  • In which city is the company’s head office?
  • Do not accept any unsolicited investment recommendations from strangers via advertising on the phone or e-mails.
  • Do not use any remote maintenance software that gains access to your end devices.
  • Is a provider like JetbitX listed in the company database of the specific EU control authority?
  • Do not be deceived by assurances of huge returns without the risk of losing capital.
  • Find out as much as you can about the company and the goods you want to buy (search engines on the internet, blog entries, online card services).
  • Identity theft is a serious nuisance: do not hand over a photocopy of your photo ID. Criminals often ask you to do this.

Does JetbitX guarantee very high profit margins?

Assess how trustworthy the JetbitX offer is. Is the interest rate you have been offered exceptionally high? Can you make a lot of money with just a few €? These special offers are mostly nothing more than misleading. Be sure that crooks are often hiding behind these tempting opportunities.

As a rule, not the least is invested in these investment offers. Therefore, assess how trustworthy the JetbitX offer is. Scams are often carried out by tricksters in a similar way. In the World Wide Web, investment products are prominently advertised that are supposedly profitable.

The criminals assure that they will earn a lot of money. At the beginning, the investment amounts tend to be low. Those who register are contacted by a fictitious online broker or securities broker. The victims of the scam then get access to an apparent investment software after paying the money.

Dubious offers can also be identified by promises of returns that are conspicuously above the market average. An investor’s risk of losing assets also increases with JetbitX in direct proportion to the expected profit margin.

One opportunity to find out about the usual market returns is the business sections of newspapers or the online presence of the Deutsche Bundesbank. Likewise, you should take recommendations for companies with exceptional potential for growth with a grain of salt.

Low costs and minimal trading volumes make penny stocks, for example, exceptionally susceptible to speculation and manipulation.

Pump and Dump: How does the scam work?

The term pump and dump is used to describe a procedure in which the price of a share is artificially inflated by insiders. Subsequently, the same share is sold to other investors at a loss. It is therefore a fraud. A trickery that profits from the ignorance of small investors and stock market novices.

This tactic is therefore illegal in a controlled stock market and for service providers like JetbitX. The crypto market, on the other hand, is still by and large “Wild West” as far as such tactics are concerned. For this reason, extreme attention is necessary!

Pump-and-dump scams are frequently encountered there in connection with the well-known altcoins. The pump-and-dump scam is used by criminals to drive up the market price of a currency they do not know or may have created themselves.

They achieve this by spreading disinformation on the World Wide Web or on social media or by luring co-investors with unreasonable profit expectations. So make sure that the provider JetbitX provides you with all the necessary information on the subject complex, if desired.

Assessing cyber trading providers with confidence

The classic capital investment fraud is carried out with known means such as advertising, telephone canvassing or stock exchange letters. When it comes to conducting fraud, the outdated method is fast becoming obsolete in the digital age. The new type of financial fraud could be described as “cybertrading”.

Investment products are traded here with dishonest intent via the Internet. Fraudulent investments include financial products such as contracts for difference and cryptocurrencies like Bitcoin & Co. JetbitX’s services have also been applied by other service providers in a comparable manner to hoodwink investors.

Investors are increasingly informing themselves about investment opportunities on the web. In this way, people trust their individual knowledge or the tips of others in blogs, forums and other online portals when making decisions.

The switch to ever different financial products has no lasting effect on the illegal activities with regard to the gang structure. Since the mafia-like gangs rely on already existing and widely accepted infrastructures, there is no need to switch to a new “business model”.

No matter what kind of financial product is traded, the process of cybertrading is largely congruent. These investment products are penetratingly advertised on social media platforms such as Facebook or with affiliate marketing.

The focus is almost exclusively on the presentation of gigantically high profits. Calculate the probability of achieving high profits with JetbitX before you invest.

Find out about fees before investing

Before investing with JetbitX, find out how much of your investment amount will be used to cover costs, fees and commissions. This is a useful time to look in detail at the info provided by service providers! Investors must be informed of all fees assessed and their impact on the return from financial service providers.

In addition, the remunerations must be presented separately. If you ask for a detailed overview of all fees, the financial service providers are obliged to give you this info. For obvious reasons, an online broker like JetbitX is normally interested in as many trading transactions as possible.

Most of the time, the fees are so exorbitant that it is difficult to make a profit. The fees can even devour the invested money in a very short time. Therefore, be sure to consider the costs! The broker’s trading fees must be available to everyone.

The transparency of the structure of the costs is also set in the legal requirements and regulations. In connection with a violation, the provider’s licence can be revoked.

Payout from JetbitX does not work? Hire a lawyer immediately

As soon as the suspicion is confirmed that an online trading provider is not acting seriously and the risk exists that the broker will not make his payments, precautions must be taken as quickly as possible.

Apart from a report, which our law firm prepares for our clients at the criminal investigation department, and a report to the financial supervisory authority, the service provider should also be held legally accountable, if necessary.

This involves examining the contractual claims against the online broker as well as possible compensation options. In the case of monetary payments, it is also relevant to check whether financial institutions 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 criminal activities. However, this must be examined on a case-by-case basis. If your provider refuses to pay, you should contact a professional law firm immediately:

  1. Let us know how long the provider has not paid you
  2. Rewrite your case for us by e-mail
  3. Give us the names and contact details of all the people you have spoken to

The Herfurtner law firm will give you a free initial assessment in connection with JetbitX. We will also let you know as soon as possible whether we think you have a good chance of recovering your losses.