TD365 – The ostensible financial service provider TD365 presents itself on its web presence as an online broker.

If you have invested with TD365 and there are problems with the payout, the lawyers of the law firm Herfurtner are available to help you with words and deeds.

TD365 experiences – How is the online broker to be rated?

Currently, there is a very high number of online trading platforms such as TD365. As a result, investing in the unpredictable financial markets has never been as easy but also as risky as it is today.

Precisely because there are countless opportunities, choosing an online platform can be time-consuming and daunting. Especially if you want it to suit your personal investment plans. Are you considering investing money with TD365? Then the following aspects are important for you as an investor.

  • Access to the world’s stock exchanges is becoming easier and more affordable for investors through online investing.
  • An optimal address for money investors who want to find out about shares, futures, options and cryptocurrencies is a web presence like this one.
  • When trading on the www, a variety of order types can be used.

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

TD365 Checklist: Evaluate brokers comprehensively

The following list serves as a safeguard against brokers with fraudulent intentions.

  • Do not use remote control software that gains access to your terminals.
  • Is there a complete imprint on the website?
  • Is a provider like TD365 listed in the company database of the specific EU supervisory authority?
  • Don’t be misled by claims of excessive profits without the risk of losing assets.
  • In which location is the provider’s head office?
  • Is the online trading service provider TD365 a company licensed by BaFin or in another EU country?
  • Do not accept any unwanted investment recommendations from unknown persons via telephone advertising or e-mails.
  • Inform yourself as thoroughly as possible about the company and the product you want to buy (search engines on the net, blog entries, online card services).

Strange broker calls unexpectedly – what should you do?

Have you ever received a telephone call from a stranger who has made you a special offer? Under no circumstances should you react to it without checking carefully. Unwelcome calls are prohibited. “Cold calling is clearly not allowed at investment service providers and other companies such as TD365.

There are also people who pretend to work for reputable online trading platforms. They do this to get people to give them their personal information. Most of the time, after your initial deposit, you are instructed to deposit more capital.

Phone scammers are always coming up with new methods to rob investors of their savings, cash and other valuables. A common strategy of the criminals is to call the people they want to harm at inconvenient times of the day. This is, for example, very early at dawn or very late at night.

Times, in other words, when they are most vulnerable. Furthermore, the criminals pretend at the beginning of the conversation that they and the person being called know each other. The other method works as if the callers are friendly.

In this way, the offenders convey a feeling of goodwill and trust to the person they are communicating with on the phone. Check whether you are actually dealing with the TD365 company when you are contacted by phone.

Investment orders you do not authorise – protect yourself

Placing orders for transactions in shares without the account holder’s consent can sometimes cause the price of certain shares to jump. This is particularly true for open market transactions in illiquid foreign shares (over-the-counter trading).

You should therefore be sceptical if you are asked to disclose personal data about your investment with TD365 without your consent, with reference to supposedly lucrative transactions or profit announcements.

Your International Bank Account Number, Business Identifier Code and other bank codes should not be disclosed at any time to anyone you do not know. Nor should you disclose your account or deposit numbers and passwords.

Do not hand over custody account documents or securities statements from TD365 to a third party you do not know. Callers posing as investment advisers, online brokers or employees of a financial regulator are also dangerous.

What is your experience with online trading platforms?

On dubious online trading platforms, there are a variety of capital goods that are penetratingly advertised in forums and social media to lure investors. In addition, “network marketing” is used to solicit new investors.

In particular, the promise of immediate profitability is emphasised in the advertising. In order to start investing, an interested investor must first create an account with the online trading platform – such as TD365.

Then the perpetrators contact the investor via a call centre and try to persuade him to invest large amounts of money. The investors’ positive attitude towards cybertrading is partly supported 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.

TD365 does not necessarily fall into this category. The criminals 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 alleged profits are paid, this swindle will continue.

When the moment of payment arrives, the buyers suddenly no longer have access to their accounts and the personal client advisors associated with them. The majority of investors lose all their capital invested in such illegal trading, so they are forced to call in a lawyer.

Recovery Scam: Absolute caution is advised!

Anyone who has ever lost assets to a fraudulent investment platform knows how disastrous this can be. That alone is bad enough. But on top of that, the rip-off artists behind the bogus scheme will contact you by email or phone call in a manageable amount of time.

This time, however, they don’t pretend to be TD365 investment advisors. Instead, they guarantee to help recover the stolen money in exchange for an upfront payment. Many scammers even appear to have been hired or instructed by reputable companies such as a financial regulator.

After stealing your personal information, the rip-off artists usually pose as good Samaritans. They promise to assist you in recovering the stolen money. Even if you have invested money with a service provider like TD365, your data may be stolen.

Anyone who has lost a considerable amount of money is usually desperate. Criminals take advantage of people’s worry by posing as “recovery companies”. They offer their services under the bogus pretext of helping them get their money back. That is, they make dubious assurances that they will get back the lost assets.

Recovering money from TD365: Increase your chances

Action must be taken as soon as possible once the suspicion is confirmed that an investment service provider is not acting in accordance with regulations and there is a risk that the online broker will not make its refunds.

Apart from a criminal complaint and a notification to the tax authorities, the online broker should also be held legally responsible if necessary. The contractual claims against the online broker as well as possible compensation options will be examined.

In the case of monetary payments, it is also important to check whether banks can be held liable in the event of an error. Claims for compensation against banking institutions can arise, for example, in the case of money laundering or other criminal acts.

However, this must be examined depending on the context at hand. If your provider refuses to pay, you should contact a professional law firm immediately:

  1. Let us know how long the broker has not paid you
  2. Give us the names and contact details of anyone you have been in contact with
  3. Describe your case to us in an email

We will give you a no-obligation initial assessment in connection with TD365. We will also let you know as soon as possible whether we think you have a realistic chance of recovering your losses.