– The provider advertised itself as a financial service provider. The domain is no longer online at the moment. Profitable investments were possible here. If you have invested with and there are problems with the payout, the lawyers of the Herfurtner law firm will be happy to help you. – Reviews

Currently, there is a very high number of investment service providers such as Thus, it has never been as easy but also risky as now to invest in the volatile financial markets. Precisely because there are a large number of options, choosing a provider can be time-consuming and daunting. Especially if you want them to meet your particular investment needs.

Have you already invested in Then the following aspects are important for you as an investor.

  • A suitable address for investors who want to learn about securities, futures, binary options and cryptocurrencies is a web presence like this one.
  • State-licensed online brokers, trustworthy providers, costs and commissions, offer options and feedback from customers are just a few of the criteria you should consider when making your final decision.
  • A variety of order types can be used when trading on the World Wide Web.
  • Entry to the international stock markets is becoming more convenient and versatile for money investors through online investing.

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

Licence – does have an official licence?

Both financial markets and investor protection benefit from rules of conduct and organisational responsibilities. Equity services firms and companies like must follow a variety of regulations. The same applies to their employees. This is to avoid conflicts of interest and the associated disadvantages for investors.

This includes the responsibility of the service provider to inform its clients about the most important features of a bond transaction before it is concluded. This applies both to the respective investor and to the investment itself. According to this idea, further disclosures are needed for corporate clients who want to engage in highly speculative or risky transactions. To their clients, firms such as have a responsibility.

This goes far beyond the provision of a product or service. Is the provider licensed to sell financial products? You should definitely check this. In this context, you can use the broker check data collection of a financial supervisory authority and enter the name of the service provider in the search field.

Does have foreign-based accounts and require bank transfers?

Is it advantageous for you to transfer money abroad? Pay close attention to what you are doing. Countless investors have already lost capital in this context. It is conceivable that you lose track of where your money is going and how it is invested. When capital has been provided to a broker, it has often happened that the company did not invest the transferred amount of money as specified or even not at all.

There have also been cases where the company simply did not exist, although it presented itself in a similar way to In addition to the licensed providers, there are many dubious online trading platforms where a comparable procedure can be observed in the majority of cases. New investors are contacted by employees of the respective trading platform.

For example, with a phone call if the customer has provided non-binding contact information on the provider’s website. In many cases, however, they are also contacted by mass e-mails. These entice the customer with supposedly lucrative investments. The investor is quickly provided with his own broker who instructs him on how to set up a trading account and make the first transfers.

The investor feels well supported at first and online trading often begins with smaller sums. But shortly afterwards, higher deposits are demanded – often to accounts abroad. The same deposits are supposed to increase the possible profits. Difficulties with dubious brokers finally arise as soon as the investor demands a payout. This is often continuously delayed or linked to further payments such as alleged taxes and brokerage commissions.

In the past, the criminals only operated from obscure locations. Now they operate from very different locations such as the UK (incl. London), the Netherlands, Canada, Spain, Dubai and others. For the vast majority of people, it is difficult to identify tricky schemes. Companies often receive e-mail orders with immense order volumes that bear no relation to the normal purchase amounts. In order to lure the German company, enormous promises of profit are made.

However, the considerable order volume functions exclusively as a means of exerting pressure in talks with the provider in order to demand correspondingly high registration and licensing costs. It is not always possible to ascertain whether the addressee of this payment is also the client of the goods. However, it can be assumed that companies active abroad will not have to pay local tax on shipments to other countries for the time being.

Check whether this also applies to investments at

Ponzi scheme: How do I recognise it early?

A Ponzi scheme, or Ponzi scheme, is a type of fraud. In this, capital is pooled from new investors and then used to pay out capital to the original aggrieved individuals. The masterminds of Ponzi schemes often claim that they will invest your assets and reap exorbitant profits without risking your capital. Nevertheless, in many Ponzi schemes, the fraudsters do not actually invest the capital they receive. Instead, it is used to pay off people who paid in earlier.

In this way, the criminals can keep some of the funds for themselves. So pay attention to the risk-reward ratio in all investments – also at Ponzi schemes require a steady inflow of fresh capital to keep running, as they have little or no actual revenue. Many of these schemes fail when it becomes costly to attract fresh capital investors or when a substantial number of investors drop out.

In the event that you want to invest capital with a service provider like, you should always act prudently. Among the clues you should look out for are:

  • Overly predictable results. Over time, deposits tend to rise and fall. Any investment that offers consistently high returns detached from market conditions should be viewed with a high degree of suspicion.
  • Risk-free profits with little or no volatility. Every investment involves a certain amount of risk, and the riskier an investment is, the more likely it is to produce a high return.
  • Investments that are not reported to financial regulators. In the vast majority of cases, Ponzi schemes are unregistered investments that are not supervised by official authorities such as Bafin.
  • Is there a problem with the documentation? If errors appear on your account statement, this can be a signal that your capital is not being invested according to plan.
  • Selling without licensing: Investment professionals and firms must be licensed or registered in accordance with federal and state securities regulations. Most Ponzi schemes involve unlicensed people or firms.
  • The distribution of profits does not work? If you are not receiving payments at all or are having difficulty cashing out, be vigilant. The operators of pyramid schemes may try to encourage those involved to stay by promising even higher monetary winnings if they do not withdraw money.

Characteristics of reputable online trading platforms

A variety of investment goods exist on questionable internet platforms, which are relentlessly advertised on blogs and social media to lure investors. In addition, “multi-level marketing” is used to solicit new investors. The advertising mainly emphasises the promise of timely profitability. In order to start investing, a potential investor must first create an account with the online trading platform – such as

Next, the perpetrators contact the investor via a call centre and try to convince him to pay large sums of money. The investors’ optimistic attitude towards cybertrading is partly reinforced by the idea of future profits. Clients are more willing to invest in the future if they see exactly the kind of results they hope for. At this point, investors are being hoodwinked by a corrupted trading algorithm about the true evolution of stock market data and prices. does not necessarily belong to this category. The wire-pullers use their own unilaterally determined price values when calculating profits. This means that the service provider has all the control over whether a profit is made or not. Until the supposed profits are paid, this swindle will continue. When the time comes for payment, the clients suddenly no longer have access to their accounts and the personal contacts associated with them.

The majority of investors lose all their money invested in this illegal trade, forcing them to contact a lawyer.

Opaque exit alternatives

Clarify when and how much money is paid out. At best, bypass longer-term contracts that cannot be cancelled early or where you would suffer large monetary losses. Conclude long-term contracts without the possibility of early cancellation solely with providers such as, whose seriousness you have no doubts about. Even if you have the option to waive a contract at any time or to cancel it over an agreed period, you should be sceptical.

Even if these options do exist, you may still be vulnerable to financial loss. Make sure you know exactly how much capital you will get back if the investment goes wrong. The following provision applies to securities transactions: Before the end of the contract period, find out what options are available to you to redeem a security. It is often crucial to be aware of whether there is a liquid market for offers such as those made by

It is possible to sell share certificates through a broker or a financial institution. All 3 methods are approved for placing a sell order. The actual selling process is then completed via an exchange (e.g. Berlin, Stuttgart, Frankfurt, Tradegate or Xetra) (e.g. for penny stocks). Order supplements can be used to control the execution of the order in advance. The sale of the share certificates takes place at a time and place defined by you.

Get money back from Contact our lawyers

If you have already deposited money with and now want to claim it back, there are several ways to proceed.

  1. If there is a suspicion that the money accounts to which our clients have transferred funds are part of a money laundering scheme, these money accounts can be blocked. Payments to these accounts can then be reclaimed from the receiving bank.
  2. Should an investigation by our lawyers reveal that the financial service provider may have acted unfairly, we file charges on behalf of our clients with the responsible law enforcement authorities. Our law firm is in constant dialogue with public prosecutors who conduct nationwide investigations. As a rule, there are many hundreds or even thousands of injured parties in these criminal proceedings. The investigations recurrently extend to other countries as well. In the past, the public prosecutor’s offices have repeatedly achieved important successes in their investigations.
  3. If payments have been made abroad, the foreign supervisory authorities and financial institutions should also be informed. As a rule, they then initiate their own investigations. This also serves the purpose of securing funds in the accounts and then repaying them to our clients.
  4. If no solution can be found with the provider, there is the option of filing a complaint with the responsible authority. This authority checks the facts of the case and can order the provider to pay compensation. Our client will then be reimbursed the amount of money by the service provider. Contact points for complaints can be, for example, tax authorities and the Financial Ombudsman.

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