Seven Gates Consulting – The provider claims to be a financial service provider on its website https://sevengatesconsulting.de/de/home-de/, which is active in the areas of forex, cryptocurrencies, shares, indices and commodities. Accordingly, investors can expect high profits.
If you have invested capital with the financial services provider Seven Gates Consulting and are now facing complications with repayment, our lawyers can advise you throughout the German-speaking world.
Seven Gates Consulting – Trading Valuation
Currently, there is an extraordinarily high number of online trading platforms such as Seven Gates Consulting. As a result, investing in the unpredictable financial markets has never been as easy but also risky as it is now. Especially because there are many options, choosing a financial services provider can be time-consuming and challenging. Especially if you want them to meet your individual investment needs.
Are you considering investing with Seven Gates Consulting? Then the following points are important for you as an investor.
- When trading on the World Wide Web, you can use a large amount of order types.
- Entering the international financial markets becomes more convenient and lucrative for investors through online investments.
- Authority-regulated brokers on the internet, secure websites, costs and brokerage commissions, product options and customer reviews are just some of the aspects you need to consider when making your final decision.
- An ideal place to start for investors looking to learn about share certificates, futures, binary options and cryptocurrency is a web presence like this one.
The following advice is general advice for investors – regardless of the platform you invest money in.
Seven Gates Consulting – general disadvantages of online trading
Just as the stock exchange and other financial markets are exposed to corresponding risks, so is online trading. As an investor, you should therefore check Seven Gates Consulting with regard to the following questions:
- Incomplete knowledge of the offer
- Threats resulting from incorrect or incompetent trading
- Service providers that are dubious
- Disadvantages associated with the offer, such as possible losses
Minimise the risk by looking for a verified track record when choosing a financial services provider. In this context, it is equally important that you are guaranteed reliable money management. This is the only way you can be reasonably safe in the internet trading arena. Online traders who have a deft touch can definitely benefit from this, and their profits may be high. Provided they have the right approach.
There is one thing that everyone who starts trading should be aware of: The threat of losing more money than deposited into the account of the provider Seven Gates Consulting when trading on the stock exchange exists at all times.
Are you being lured by Seven Gates Consulting with investments on trial?
Does Seven Gates Consulting entice you to try out investments with a smaller sum? You cannot find any information about the provider because it is supposedly a newly founded company with highly interesting business ideas? There is a good chance that the investment tip is a scam. After a very short time, the online broker will tell you that your investment was an enormous success and ask you to increase your investment.
The success of your trial investment can awaken in you the desire to make further investments. Here are some examples of dubious investment tips:
- “5-star share with a profit share of 47.88 %”
- “With the automatic share profit method you will earn 3500.00 € per calendar month!”
- “Invest just five minutes of your time and become a billionaire”
Anyone who promises too much, and that too unsolicited, is rarely trustworthy! So also check what promises and offers are made to you by the financial service provider Seven Gates Consulting.
Pump and Dump: What is it all about?
The term pump and dump is used to describe a situation in which the price of a share is driven up unnaturally by insiders. The same share is then sold at a loss to other investors. Accordingly, it is a case of fraud. A manipulation that profits from the cluelessness of small investors and stock market novices. This strategy is therefore prohibited in a controlled securities market and for companies like Seven Gates Consulting.
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 vigilance is indispensable! Pump-and-dump scams are often found there in connection with the so-called altcoins. The pump-and-dump scam is used by fraudsters to drive up the price of an unknown currency or even a currency they have created themselves.
They achieve this by propagating disinformation on the World Wide Web or on social media or by luring co-investors with unreasonable profit expectations. Therefore, make sure that the provider Seven Gates Consulting provides you with all essential information on this topic.
Differences: reliable and dubious operators of trading websites
Fraudulent online trading platforms offer a variety of investment products, which are advertised in Internet forums and social networks in order to lure investors. In addition, “multi-level marketing” is used to solicit new investors. The advertising primarily emphasises the guarantee of short-term profitability. In order to start investing, an interested investor must first of all create an account with the online trading platform – such as Seven Gates Consulting.
After that, the perpetrators contact the potential new customer via a call centre and do everything they can to convince him to pay large sums of money. The positive attitude of investors towards cybertrading is partly supported by the desire for future profits. Clients are more willing to invest in the future if they see exactly the kind of results they want.
At this stage, money investors are misled by a manipulated trading algorithm about the true trend in stock market data and prices. Seven Gates Consulting does not necessarily belong to this category. The backers use their own unilaterally defined price values to calculate returns. This means that the provider has complete control over whether a profit is made or not. Until the supposed profits are paid, this deception will continue.
If the investor wishes to receive the payout, the buyers suddenly no longer have access to their client accounts and the personal contacts associated with them. The majority of investors lose all their assets invested in this fraudulent trade, forcing them to call in a lawyer.
What costs can be incurred when trading online?
Before investing, find out from Seven Gates Consulting how much of your investment amount will go to cover costs such as fees and commissions. This is a good time to fully check the information provided by the providers! Investors must be informed of all calculated costs and their impact on the profit margin of financial service providers. In addition, the costs must be listed individually.
If you request a detailed overview of all costs, financial service providers are obliged to provide you with this information. For obvious reasons, a service provider such as Seven Gates Consulting is usually interested in as many trading transactions as possible. In quite a few cases, the costs are so exorbitant that it is difficult to make a profit. The costs can even devour the invested capital in a short time.
Therefore, be sure to pay attention to the costs! The broker’s trading fees must be accessible to everyone. The transparency of the cost structure is also stipulated in the official rules and regulations. If there is a violation, the service provider’s regulatory licence can be withdrawn.
Money back from Seven Gates Consulting: maximise chances of success with the support of lawyers
It is advisable to take action as soon as possible if the suspicion that a financial service provider is acting improperly is confirmed and there is a risk that the online broker will not make its repayments. In addition to a criminal complaint, which our law firm files with the police on behalf of our clients, and a notification to the financial regulator, the online broker should possibly also be held legally accountable.
This involves assessing the contractual claims against the provider as well as any chances of compensation. In the case of money transactions, it is also essential to check whether financial institutions can be held liable in the event of an error. Claims for compensation against financial institutions can arise, for example, in the case of money laundering or other fraudulent activities. However, this must be examined depending on the facts of each case.
As soon as your broker refuses to pay, you should contact an experienced law firm immediately:
- Give us the names and contact details of all the people you have communicated with
- Tell us how long the online broker has been refusing to pay you out
- Discuss the facts of the case with us via e-mail
Herfurtner Law Firm will conduct a free initial assessment for you in connection with Seven Gates Consulting. In addition, we will let you know at short notice whether we believe you have a realistic chance of recovering your losses.