KapitalXP – The alleged financial service provider KapitalXP presents itself on its homepage https://kapitalxp.de/ as an online broker. Investments in shares and cryptocurrencies are possible here.

If you have invested money with the provider KapitalXP and now have problems with the repatriation, the law firm Herfurtner will help you reliably and comprehensively.

KapitalXP – Broker Overview

Currently, there is an extraordinarily high number of online trading platforms such as KapitalXP. As a result, investing in the volatile financial markets has never been as easy but also as risky as it is now. Especially because there are so many options, choosing a financial services provider can be time-consuming and intimidating. Especially if you want them to meet your particular investment needs. Have you already invested with KapitalXP? In this case, the following aspects are relevant for you as an investor.

  • Licensed online brokers, reputable websites, costs and bonuses, offering options and ratings are only exemplary criteria to consider when making your final choice.
  • Access to the world’s stock exchanges is becoming more convenient and affordable for investors through online investing.
  • A good place to start for investors who want to inquire about securities, futures, binary options and cryptocurrencies is a web presence like this one.

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

KapitalXP: Methods of assessing an online broker

Investors have a wide variety of investment opportunities at their disposal, with professional and questionable providers vying for their attention. There are many indications that a service as well as a product is not reliable, and it is elementary to have a focus on it. Here you will learn what details you need to think about in the event that you invest your hard-earned assets.

Banking, financial services and insurance companies such as KapitalXP are only allowed to operate in Germany with state authorisation. The companies may have received a licence, but this in no way means that the services they offer are of excellent quality. In the event that a prospectus or information sheet approved by the German financial supervisory authority has already been published, trading papers and investments can likewise be made available to the general public.

BaFin only ensures that the prospectuses are complete, comprehensible and coherent. The prospectus or information sheet of KapitalXP is by no means required in every case. Before investing, it is advisable to think about your permanent goals and check whether you have the monetary means to achieve them. Do not rush the process. Before putting your money into an investment, take your time to weigh up the pros and cons. Do not make a decision immediately, even if you have consulted with others.

Trial investments as a method of recruitment also possible with KapitalXP?

Does KapitalXP tempt you to try out investments with a smaller amount? You cannot find any information about the financial service provider because it is supposedly a recently founded company with exciting business ideas? The probability is high that the investment tip is a deception.

After a very short time, the service provider will tell you that your investment was an enormous success and appeal to you to increase your investment. The success of your trial investment may lead you to make further investments. Here are some examples of dubious investment tips:

  1. “Would you like to convert 1000 euros into 250,00.00 EUR?”
  2. “With the automatic stock profit method you will make 3500.00 EUR per month!”
  3. “With just 5 minutes of your life you can become a stock market billionaire.”

Anyone who guarantees too much, and that too unsolicited, is in the rarest cases serious! Nevertheless, also check which offers and promises are presented to you by the online broker KapitalXP.

Ponzi scheme – simply explained

A pyramid scheme, or Ponzi scheme, is a type of fraud. In it, funds are collected from new investors and then used to distribute money to the original victims. The masterminds of Ponzi schemes often stress that they would invest your capital and make huge returns without putting your assets at risk. Nevertheless, in many Ponzi schemes, the fraudsters do not actually invest the capital they take.

Instead, it is used to pay off people who paid in earlier. In this way, the criminals can keep some of the assets for themselves. So with all investments – including KapitalXP – pay attention to the risk-reward ratio. Ponzi schemes require a constant inflow of fresh capital to keep running, as they have low or no actual income. Many of these structures fail when it becomes onerous to generate fresh backers or when a substantial number of investors drop out.

In the event that you wish to invest with an online broker such as KapitalXP, you should always act with prudence. Some of the pointers you should look out for include:

  • Overly predictable results. Over time, investments tend to rise and fall. Any investment that consistently delivers positive returns regardless of market conditions should be viewed with a high degree of scepticism.
  • Selling without a licence: Investment professionals and firms must be licensed or registered in accordance with federal and state securities regulations. The most common Ponzi schemes involve unlicensed people or companies.
  • Risk-free profits with minimal or no volatility. Every investment involves some risk, and the riskier an investment is, the more likely it is to yield a high return.
  • Is there a problem with the documentation? If your account statement shows errors, this may be a signal that your assets are not being invested properly.
  • Investments that are not registered with financial regulators. In the most common cases, Ponzi schemes are unregistered investments that are not supervised by government authorities such as Bafin.

Check advertisements for online trading platforms for seriousness

There is an abundance of capital goods on dubious online trading platforms, which are penetratingly advertised in internet forums and social media in order to convince capital investors. In addition, “network marketing” is used to attract new investors. In particular, the guarantee of prompt profitability is emphasised in the advertising. In order to start investing, a potential investor must first create a user account with the trading platform – as is the case with KapitalXP.

Then the perpetrators contact the investor via a call centre and do everything they can to persuade him to pay large sums of money. The investors’ hopeful attitude towards cybertrading is partly supported by the idea of future profits. Buyers are more willing to invest in the future if they see exactly the kind of results they dream of. At this point, investors are deceived by a manipulated trading algorithm about the true evolution of stock market data and prices.

KapitalXP does not necessarily fall into this category. The criminals use their own unilaterally determined price values to calculate returns. As a result, the service provider has complete control over whether a profit is made or not. Until the alleged returns are paid, this deception will continue. If the investor wishes to be paid, the buyers suddenly no longer have access to their client accounts and the individual contacts associated with them.

The vast majority of investors lose all their money invested in this fraudulent trade, forcing them to seek legal help.

Surprising offers of help to recover funds?

Anyone who has ever lost assets to a fraudulent investment platform knows how devastating that can be. That alone is bad enough. But on top of that, the criminals behind the bogus model contact you by email or phone call within a manageable amount of time. This time, however, they do not pretend to be brokers of KapitalXP. Rather, they guarantee to provide assistance in recovering the lost money in exchange for an advance payment.

Many criminals even seem to have been hired or commissioned by reputable companies such as a financial authority. After stealing your personal information, the perpetrators often pose as good Samaritans. They promise to help you recover the stolen money. Even if you have invested money with a provider like KapitalXP, your contact information may be stolen. Anyone who has lost a large amount of money is predominantly desperate.

Criminals take advantage of people’s desperation by posing as money recovery service providers. They offer their services under the guise of helping them get their funds back. That is, they securitise in a dubious manner that they will recover the lost capital.

Getting your deposit back from KapitalXP? Contact our lawyers

You should take precautions as soon as possible if the suspicion is confirmed that an investment service provider is not proceeding properly and there is a risk that the broker will not pay out. Apart from a report, which our lawyers file with the police on behalf of our clients, and a report to the tax authorities, the online broker should also be held legally accountable if necessary.

This involves checking the contractually agreed claims against the provider as well as any chances of compensation. In the case of monetary payments, it is equally important to check whether banks can be held responsible in the event of an error. Claims for compensation against financial institutions can arise, for example, in the case of money laundering or other unlawful activities.

However, this must be examined on a case-by-case basis. If your online broker refuses to pay out, you should therefore contact a competent law firm immediately:

  1. Describe the facts of the case to our law firm in an email
  2. Tell us how long the provider has been delaying the payout
  3. Give us the names and contact details of all the people you have been in contact with

The Herfurtner law firm will give you a free initial assessment in connection with KapitalXP. In addition, we will inform you at short notice whether we believe that you have a good chance of recovering your losses.