New Chain Mining – the company describes itself on the company website as a trading platform. New Chain Mining offers its clients various services in trading with raw materials. Do you encounter difficulties with the distribution of your investment? Our lawyers can help you with claims against New Chain Mining.

New Chain Mining – Broker Overview

Currently, there is a very high number of providers such as New Chain Mining. As a result, investing in the unpredictable financial markets has never been as easy but also as uncertain as it is today. Especially because there are so many options, choosing an online platform can be time-consuming and frustrating. Especially if you want it to meet your personal investment needs. Are you considering investing in New Chain Mining? In this case, the following aspects are important for you as an investor.

  • Officially licensed online brokers, trusted portals, costs and brokerage fees, quote options and feedback from clients are just some of the aspects you should consider when making your irrevocable choice.
  • When trading on the internet, a large number of order types can be applied.
  • A suitable place to start for investors who want to learn about stocks, futures, binary options and cryptocurrencies is a website like this one.
  • Access to cross-border exchanges is made easier and more affordable for money investors by investing online.

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

Assess trading offers from New Chain Mining in advance

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

  1. In The Federal Republic of Germany, the imprint must contain an address, the contact details of an authorised representative of New Chain Mining and a telephone number.
  2. Quality seals are often used by fake shops to pretend that they are reputable. To see if there is a link to the seal of quality website and if the shop is mentioned there, click on the image of the seal. It is quite possible that the provider of the internet presence has merely copied the seal from another website and transferred it to its current online presence without the certification that is usually required.
  3. It can be very helpful to ask what other customers are saying about a potential provider, even if it is only on the web.
  4. Financial service providers such as New Chain Mining must be licensed in Germany by the Federal Financial Supervisory Authority (BaFin). BaFin’s company database contains information on licensed service providers.

Unique development potential with the provider New Chain Mining?

Check how trustworthy the offer from New Chain Mining is. Is the interest rate you have been offered exceptionally high? Can you get a large amount of money with only a fewEURO? These offers are usually nothing more than misleading. Be sure that rip-off artists are usually hiding behind these tempting options. As a rule, nothing is invested in these investment offers. So check how trustworthy the offer from New Chain Mining is. Scams are often implemented by con artists in a similar way.

Investment products that are supposedly lucrative are advertised prominently online. The criminals postulate that they will receive a lot of wealth. At the beginning, the investment amounts are halfway small. All those who register are consulted by a fictitious online broker or trader. The scam victims then get access to an apparent investment software after paying the money. Dubious special offers can also be identified by promises of returns that are obviously above the market average.

An investor’s risk of losing money also increases with New Chain Mining in direct proportion to the expected margin. One chance to find out about the average market return is the business sections of newspapers or the homepage of the Deutsche Bundesbank. Likewise, you should treat recommendations for companies with exceptional growth potential with caution. Low costs and minimal trading volumes make penny stocks, for example, particularly susceptible to speculation and manipulation.

What are the disadvantages of the grey capital market?

Only a small number of financial market participants, such as New Chain Mining, are subject to official regulation and control. In the grey capital market, financial service providers operate who do not even need BaFin approval and only have to fulfil a few regulatory requirements. Only invest in the grey capital market if you are convinced of the company’s creditworthiness and know it as a company.

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

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

One thing is certain: it is uncertain how it will ultimately turn out for the investor. Is it not easy for you to get an overview of the financial product on offer? In this case, you should find out as much information as possible before making a decision. Do not invest in anything you do not fully understand! When it comes to investments, the more knowledge you need, the more sophisticated the financial instrument.

It is also not recommended to put all your money on one horse. Spread your risk beyond New Chain Mining. To avoid being wrongly influenced, you should always focus on the product itself and not on the name or presentation of the financial service.

How can you recognise serious cybertrading?

Conventional capital investment fraud is implemented using well-known methods such as advertising, unsolicited telephone calls or stock market letters. When it comes to fraud, the outdated method is quickly becoming obsolete in the online age. The new type of investment fraud can be described as “cybertrading”. Here, financial products are traded over the internet with dishonest intent. Dishonest investments include financial products such as contracts for difference and cryptocurrencies.

Even the offers of new chain mining were used by other service providers in a comparable way to hoodwink investors. Investors are increasingly informing themselves online about investment opportunities. Thus, people rely on their own know-how or on the advice of others in blogs, forums and other online platforms when making decisions. The shift to increasingly different financial instruments has no long-term effect on the illegal activities in terms of gang structure.

Since mafia crime rings rely on pre-existing and widely accepted infrastructures, there is no need to adapt to a new “business model”. No matter what financial instrument is traded, the process of cybertrading is almost identical. These financial products are penetratingly advertised in social media or with affiliate marketing. In this context, it is almost exclusively about the illustration of insanely high profits. Calculate the probability of achieving high profits with new chain mining before you invest.

Exit opportunities: Clear pricing transparency is a hallmark of reputable providers

Make sure you know when and how much money will be paid out. At best, bypass long-standing contracts that cannot be terminated early or where you would suffer significant monetary losses. Only conclude long-term contracts without the possibility of early termination with service providers such as New Chain Mining, whose seriousness you have no doubts about. Even if you have the option to waive or terminate a contract at any time over an appropriate period of time, you should be suspicious.

Even if you have this safeguard, you still remain vulnerable to financial loss. Make sure you know exactly how much capital you will get back if the money deal goes wrong. The provision below applies to transactions in securities:

Before the end of the term, find out what options you have to get rid of a share.

It is often crucial to be aware of whether there is a liquid market for services such as those offered by New Chain Mining. It is possible to sell share certificates through a broker or financial institution. All 3 methods are acceptable for placing a sell order. The actual selling process is then completed via a stock 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 shares are sold at a date and place defined by you.

Repayment of investments in New Chain Mining: Increase your chances

You should take action as soon as possible if the suspicion is confirmed that a provider is not acting conscientiously and there is a risk that the broker is delaying its profit payments. In addition to a report, which our law firm files with the police on behalf of our clients, and a report to the tax authorities, the broker should possibly also be held legally accountable. In doing so, the claims against the broker agreed in the contract as well as possible compensation possibilities are examined.

In the case of money transactions, it is also important to check whether financial institutions can be held liable in the event of an error. Claims for damages against financial institutions can arise, for example, in the case of money laundering or other criminal activities. However, this must be checked depending on the context at hand. As soon as your online broker delays payment, you should contact a professional law firm immediately:

  1. Tell us how long the online broker has been refusing to pay out your money
  2. Outline the facts of the case to our lawyers via email
  3. Provide us with the names and contact details of all the people you have been in contact with

Our lawyers will give you a free initial assessment in connection with new chain mining. We will also let you know at short notice whether we think you have a good chance of recovering your losses.