Titanpros – On its website https://www.titanpros.co/de/home-de/, the online broker claims to be a service provider in the field of finance, which is active in the field of CFDs. Accordingly, investors can build up a fortune.
In a warning notice, the Austrian Financial Supervisory Authority expresses the suspicion that the provider lacks the necessary authorisation to offer these financial services.
If you have invested money with the broker Titanpros and are now facing repayment problems, our lawyers can help you nationwide.
Titanpros – Reviews
Currently, there is an extremely high number of online trading platforms such as Titanpros. This means that investing in the unpredictable financial markets has never been as easy but also as uncertain as it is now.
Especially because there are countless opportunities, choosing an online broker can be time-consuming and daunting. Especially if you want it to meet your individual investment requirements.
Are you considering investing with Titanpros? In this case, the following points are important for you as an investor.
- Online trading allows you to use numerous order types.
- A good address for investors who want to find out about share certificates, futures, binary options and cryptocurrencies is a website like this one.
- Officially licensed brokers on the internet, reputable provider websites, fees and brokerage commissions, offer options and feedback from customers are just some of the points you should consider when making your final choice.
The following information is general suggestions for investors – regardless of the platform you invest money in.
Properly evaluate online brokers like Titanpros
Investors have a wide range of investment options to choose from, with professional and questionable service providers vying for their favour.
There are many indicators that a service as well as a product is not reputable and it is elementary to have a look. Here you will learn what to look for in case you are investing your hard-earned money.
Banking, financial services and insurance companies such as Titanpros are the only ones allowed to operate in Germany with state authorisation. The companies may be licensed, but that does not mean that the services they sell are of good quality.
Assuming that a BaFin-approved prospectus or information sheet has been published in advance, shares and investments can be made equally accessible to the general public.
The BaFin merely ensures that the prospectuses are complete, comprehensible and coherent. The prospectus or information sheet of Titanpros is by no means necessary in every context.
Before investing, you should consider your long-term goals and check that you have the financial means to achieve them. Do not rush the process. Before you invest your capital in a capital investment, you should take time to review the advantages and disadvantages. Do not make a choice on the spot, even if you have consulted with others.
Short-term offer at Titanpros?
Feeling the pressure of a tight deadline? The online broker is tempting you with a special offer, but you are under pressure to make a decision quickly?
This is not an excellent idea at all, because it is usually a feint. Don’t break anything over your knee You can not only get excellent offers now, but also invest with Titanpros in the future.
To achieve their goal, rip-off artists know exactly what to do. They make an effort to obtain as much information as possible about the person they are targeting by asking well-timed questions. They also ask about the person’s constitution, for example, whether he or she is home alone or whether he or she has cash at home.
Furthermore, they use a “wait and see” method to exhaust the person. They can keep their counterpart on the phone for a very long time until he or she agrees to go to the credit union and give the fraudsters money and other valuables.
In one of these scams, time pressure is imposed on the victim. With this very method, the injured party is encouraged to put aside his own caution.
Current support scams use the same method. Since the computer of the person contacted is allegedly attacked by a very complex computer virus, the callers, who presumably work on behalf of Microsoft or such a service provider as Titanpros, demand urgent payment for a maintenance contract in English with an Indian accent.
The criminals increase the pressure by threatening to make the targeted persons pay if their computer is infected and transmits the infections.
Pump and dump: simply explained
The term pump and dump is used to describe a practice in which insiders artificially inflate the value of a stock. Subsequently, this share is sold again at a loss to the remaining investors.
This is therefore a fraud. A fraud that profits from the ignorance of small investors and stock market novices.
This strategy is therefore illegal in a controlled stock market and for providers like Titanpros. The crypto market, however, is still largely “Wild West” as far as those tactics are concerned. Because of this, extra vigilance is necessary!
Pump-and-dump scams are increasingly common there in connection with the well-known altcoins. The pump-and-dump scam is used by fraudsters to drive up the price of an unknown or even independently created currency. They achieve this by spreading disinformation on the World Wide Web or on social media or by luring co-investors with unreasonable profit expectations.
So make sure that the provider Titanpros provides you with all the necessary information on the subject complex, if desired.
Cybertrading – why it is risky
Conventional investment fraud is carried out using familiar means such as advertising, telephone canvassing or stock market letters.
When it comes to conducting fraud, the outdated method is fast becoming obsolete in the digital age. The modern type of financial fraud could be described with the term “cybertrading”. Investment products are traded over the internet with dishonest intent.
Dishonest investments include investment products such as contracts for difference and virtual funds. Titanpros’ offers have also been used by other service providers in a similar way to deceive investors.
Investors are increasingly informing themselves online about investment opportunities. In this way, people rely on their own knowledge or on the tips of others in weblogs, forums and other online platforms when making their decision.
The shift to ever new financial instruments has no lasting effect on the unlawful activities in terms of organisational structure. Since the mafia crime rings rely on already existing and widely recognised 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 investment products are aggressively advertised on social media or with affiliate marketing. In this context, it is almost exclusively about the presentation of gigantically high returns. Determine the probability of achieving high profits with Titanpros before investing money.
What fees can I incur when trading online?
Before investing with Titanpros, find out how much of your investment amount will be used to cover costs, fees and commissions. This is a good time to check the information provided by the service providers in detail!
Investors must be made aware of all fees charged and their impact on the profit margin of financial service providers. In addition, the costs must be itemised.
Should you request a presentation of any costs, the financial service providers are obliged to provide you with this info.
A service provider such as Titanpros is usually interested in as many trading transactions as possible for understandable reasons. Often the costs are so high that it is difficult to make a profit. The costs can even devour the invested money in a very short time.
Therefore, be sure to pay attention to the costs! The trading fees of the online broker must be visible to everyone. The clarity of the structure of the costs is also laid down in the legal requirements and regulations.
In the event of a violation, the provider’s licence can be revoked.
Payout from Titanpros not made? Get a lawyer involved quickly
Investors who have had to accept losses with a service provider such as Titanpros, or who have difficulties having their money paid out, should first stop additional deposits. After that, it is highly advisable to consult a lawyer to clarify any possibilities for refunding your investment.
It is important:
- never bury your head in the sand
- seek legal help
- act quickly
Would you like to talk to us about the Titanpros provider? In this case, our lawyers are ready to provide you with information.
Feel free to contact us to exchange views on Titanpros.