Nextonbid – The alleged financial service provider Nextonbid presents itself on its own website as an online broker.

You have invested with Nextonbid and want your capital back? The Herfurtner law firm will help you with obstacles.

Nextonbid – Trading Evaluation

Currently, there is an enormous number of online trading platforms such as Nextonbid. 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 countless opportunities, choosing a financial service provider can be time-consuming and frustrating. Especially if it is to suit your individual investment plans.

Have you already invested with Nextonbid? Then the following points are important for you as an investor.

  • When trading on the Internet, you can choose from a wide range of order types.
  • An ideal address for investors who want to find out about shares, futures, options and cryptocurrencies is a website like this one.
  • Access to the international financial markets is made easier and more lucrative for money investors through online investments.
  • Officially licensed online brokers, reputable portals, fees and bonuses, product options and reviews are just some of the features you should plan for when making your final choice.

The tips below are general tips for investors – regardless of the platform you invest capital in.

Nextonbid Checklist: Evaluate online brokers comprehensively

The list below serves as a safeguard against providers with dubious intentions.

  • Find out as much as possible about the provider and the product you want to buy (search engines, forums, online card services).
  • Do not accept unsolicited investment recommendations from strangers via advertisements on the phone or e-mails.
  • Is a provider like Nextonbid listed in the company database of the relevant EU supervisory authority?
  • Ask yourself: What is the name of the contact person I should get in touch with?
  • Identity theft is a problem: Please do not hand over a photocopy of your photo ID. Criminals usually ask you to do this.
  • Do not be blinded by promises of excessive returns without the risk of losing money.
  • Do not use remote access software that gains access to your terminals.
  • Is the online trading service provider Nextonbid a company licensed by BaFin or in another state of the EU?
  • In which place is the official registered office of the provider?

Nextonbid: Small investments that subsequently increase?

Does Nextonbid persuade you to try out investments with a smaller sum? You cannot find any data about the service provider because it is supposedly a new company with interesting business ideas?

The probability is high that the investment secret tip is a scam. After a very short time, the provider will tell you that your investment was an enormous success and ask you to increase your investment.

The success of your trial investment may make you want to make additional investments.

Here are some examples of dubious investment tips:

  1. “With the automatic share profit method you will make €3500.00 per calendar month!”
  2. “Would you like to turn €1000 into €250,00.00?”
  3. “Invest just 5 minutes of your time and become a self-made billionaire.”
  4. “5-star share with a profit share of 47.88 percent”

Anyone who promises too much, and that too unsolicited, is rarely trustworthy! Nevertheless, also check which promises and offers are presented to you by the provider Nextonbid.

Ponzi scheme: How it works

A Ponzi scheme is a type of capital fraud. In it, capital is collected from new investors and then used to pay out money to the original victimised individuals.

The masterminds of Ponzi schemes usually postulate that they would invest your money and make huge returns without putting your money at risk. Notwithstanding this, in many Ponzi schemes the criminals do not actually invest the capital they receive.

Rather, it is used to pay off people who paid in earlier. This allows the criminals to keep some of the funds for themselves. So pay attention to the risk-reward ratio in all investments – including Nextonbid.

Ponzi schemes require a steady inflow of fresh assets to keep running, as they have little or no real profits. Many of these schemes fail when it becomes costly to generate fresh investors or when a significant number of investors drop out.

Assuming that you want to invest capital with an online broker like Nextonbid, you should always act with prudence.

Among the clues you should look out for are:

  • Profits not being distributed? If you are not receiving any payments or are finding it difficult to cash out, you should be vigilant. The operators of pyramid schemes are probably trying to persuade those involved to stay with them by guaranteeing even greater monetary gains if they do not withdraw money.
  • Money schemes that are not registered with financial regulators. In most cases, Ponzi schemes are unregistered investments that are not controlled by official authorities such as Bafin.
  • Selling without authorisation: 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.
  • Is there a problem with the documentation? If there are errors on your account statement, it may be an indicator that your capital is not being properly invested.
  • Strategies that are very difficult to identify. Keep your assets out of the stock market if you don’t know enough about this.
  • Overly predictable results. Over time, financial investments tend to rise and fall. Any value investment that permanently gives good returns irrespective of market conditions should be scrutinised with a high degree of suspicion.

How to distinguish reputable from dubious online trading platforms

On dubious internet platforms, there is a variety of investment goods that are aggressively advertised in internet forums and social networks to lure investors.

In addition, “network marketing” is used to solicit new investors. The advertising primarily emphasises the guarantee of immediate profitability.

In order to start investing, a potential investor must first create a user account with the trading platform – like Nextonbid. Afterwards, the perpetrators contact the investor via a call centre and try to convince him to pay large sums of money.

The investors’ hopeful attitude towards cybertrading is partly strengthened by the desire for future profits.

Buyers are more willing to invest in the future if they see exactly the kind of results they hope for. At this point, investors are misled by a manipulated trading algorithm about the true trend in stock market data and prices. Nextonbid does not necessarily fall into this category.

The backers use their own unilaterally defined price values to calculate profits. This means that the provider has complete control over whether a profit is made or not.

Until the alleged profits are paid out, this manipulation continues. When the time comes for the payout, the buyers suddenly no longer have access to their accounts and the personal contacts associated with them. The majority of all investors lose all their money invested in this fraudulent trade, forcing them to call in a lawyer.

Recovery Scam? Beware of unsolicited offers of help after you have invested capital

Anyone who has ever lost assets to a fraudulent investment platform knows how devastating it can be. That alone is terrifying enough. But in addition, the criminals behind the bogus scheme contact you by email or phone call within a very short time.

This time, however, they do not pose as Nextonbid online brokers. Instead, they promise to help recover the stolen assets in exchange for an upfront payment. Many scammers even appear to have been hired or instructed by trusted institutions such as a financial regulator.

After stealing your personal data, it is not uncommon for the perpetrators to pose as good Samaritans. They guarantee to assist you in recovering the stolen money. Even if you have invested money with a service provider like Nextonbid, your contact details may be stolen.

Those who have lost an immense amount of money are usually desperate. The criminals take advantage of people’s worry by posing as money recovery companies. They offer their services under the pretext of helping them get their money back. This means they make dubious promises that they will get back the lost assets.

Recovering assets from Nextonbid: increase your prospects

It is advisable to take precautions as soon as possible if suspicions are confirmed that an online trading provider is not operating correctly and there is a risk that the online broker is delaying its payouts. Apart from filing a report, which our lawyers do for our clients with the police, and a report to the financial supervisory authority, the broker should possibly also be held legally accountable.

This involves reviewing the claims against the provider agreed in the contract as well as possible compensation options.

In the case of financial transactions, it is also important to check whether banks can be held responsible in the event of an error. Claims for damages against banks can arise, for example, in the case of money laundering or other illegal acts. However, this must be examined depending on the facts of each case.

If your broker delays the payout, you should therefore immediately contact a competent law firm:

  1. Send us an e-mail describing your experience with the provider
  2. Give us the names and contact details of all the people you have communicated with
  3. Tell us how long the online broker has been delaying the payout

The Herfurtner law firm will carry out a free initial assessment for you in connection with Nextonbid. We will also let you know in the short term whether we think you have a realistic chance of recovering your losses.