Trading Space.pro – The online broker is, according to information available on the company’s website https://tradingspace.pro/, a provider of online trading that offers its customers various services. Accordingly, investments in a wide range of financial products are possible here.
However, there is an official warning about the provider from the United Kingdom. The FCA expressly warns against the use of its services. If you have invested with the investment service provider Trading Space.pro and now have problems with repatriation, our lawyers can help you nationwide.
Trading Space.pro – assessing providers correctly
Currently, there is an extraordinarily high number of investment service providers such as Trading Space.pro. This means that investing in the volatile financial markets has never been as easy but also as risky as it is now.
Especially because there are a lot of opportunities, choosing an online platform can be time-consuming and daunting. Especially if you want it to meet your individual investment needs. Have you already invested with Trading Space.pro? In this case, the following points are important for you as an investor.
- A good place to start for investors who want to find out about stocks, futures, options and cryptocurrencies is a website like this one.
- Access to cross-border stock markets is made easier and more versatile for investors through online investing.
- A wide range of order types can be used when trading online.
The following tips are general recommendations for investors – regardless of the platform you invest in.
How risky is trading with financial service providers like Trading Space.pro?
Just as the stock exchange and other financial markets are subject to certain risks and dangers, so is online trading. As an investor, you should therefore check Trading Space.pro with regard to the following topics:
- Disadvantages associated with the product, e.g. possible losing trades
- Insufficient knowledge about the product
- Service providers who are unreliable
- The risks and dangers of online security
Reduce risk by looking for a proven track record when choosing a trading service. In this context, it is also important that you are guaranteed secure money management. Only in this way can you move confidently in the Internet trading arena. Investors who have a deft touch can definitely benefit from this, and their earnings may be above average.
At least if they have the right approach. One thing should be clear to anyone starting out in trading: The threat of losing more capital when trading on the stock exchange than has been deposited in the bank account of the broker Trading Space.pro exists at all times.
Trading Space.pro – did you contact them by fax or e-mail?
Have you ever received stock proposals by e-mail from a provider like Trading Space.pro that you are not familiar with? Do you receive faxes from the stock exchange that you did not ask for? Or have you received an alleged “insider tip”?
Investors should beware of such suggestions, because they are usually spread by unscrupulous groups or even brokers who want to make a profit by selling share certificates from a fictitious success story. Cases have also come to light in which consumers and investors are contacted by an alleged stock exchange supervisory authority.
It is erroneously said that the persons written to have become victims of a fraud and that the relevant data has been passed on to the stock exchange supervisory authority by the alleged Federal Public Prosecutor’s Office in Karlsruhe. The persons contacted are asked to fill out an online form.
This is a clear attempt at fraud. In any case, we advise against contacting this person or providing sensitive data such as user names, passwords, credit card numbers or additional identifying information such as your account data at Trading Space.pro.
What is Pump and Dump?
The term pump and dump is used to describe a situation where the value of a stock is unnaturally inflated by insiders. Afterwards, this share is sold again at a loss to the other investors. It is therefore a fraud. A trickery that profits from the ignorance of small investors and stock market novices.
This approach is therefore illegal in a controlled stock market and for providers such as Trading Space.pro. The crypto market, in contrast, is still by and large “Wild West” as far as such tactics are concerned. For this reason, extreme vigilance is necessary! Pump-and-dump scams are increasingly found there in the context of the so-called altcoins.
The pump-and-dump scam is used by fraudsters to drive up the price of an unknown or possibly independently created currency. They achieve this by propagating false information on the internet or in social media or by luring co-investors with unreasonable profit expectations.
Therefore, make sure that the provider Trading Space.pro provides you with all essential information on this topic, if requested.
Authorities warn of risks and dangers in cybertrading
Conventional investment fraud is carried out with known methods such as advertising, “cold calling” or stock exchange letters. When it comes to carrying out fraud, the old-fashioned approach is fast becoming obsolete in the digital age. The modern type of financial fraud can be described as “cybertrading”.
Investment products are traded fraudulently over the internet. Dishonest investments include investment products such as contracts for difference and virtual money. Even the offers of Trading Space.pro have been used by other providers in a similar way to deceive investors.
Investors are inquiring more and more themselves online about investment opportunities. Thus, people rely on their individual know-how or on the tips of others in weblogs, forums and other online platforms when making their decision.
The transition to more and more new financial products has no lasting effect on the unlawful activities in terms of gang structure. As the mafia gangs rely on already existing and widely recognised infrastructures, the transition to a new “business model” is unnecessary.
No matter what kind of 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 revolves almost exclusively around the illustration of astronomically high profits.
Determine the probability of earning high profits with Trading Space.pro before you invest.
Exit alternatives – which are difficult to recognise
Clarify at what time and how much money will be paid back. At best, avoid longer-term contracts that cannot be cancelled early or where you would experience large economic losses.
Only conclude long-term contracts without the possibility of early termination with financial service providers such as Trading Space.pro, whose credibility you have no doubts about. Even if you have the chance to waive or cancel a contract at any time over a certain period of time, you should be suspicious.
Even if you have this protection, you are still vulnerable to monetary losses. Make sure you know exactly how much money you will get back if things go wrong. The following rule applies to share transactions: Before the end of the contract period, find out what options you have to redeem a share certificate.
It is often important to know whether there is a liquid market for products such as those provided by Trading Space.pro. It is possible to sell shares through a broker or a financial institution. All three options are permitted for placing a sell order.
The actual selling process is therefore carried out via a stock exchange (e.g. Berlin, Stuttgart, Frankfurt, Tradegate or Xetra) (e.g. for penny stocks). Order supplements can be used to direct the execution of the order from the outset. The sale of the share certificates takes place at a time and place determined by you.
Lawyers give advice on Trading Space.pro
Investors who are affected by losses with a service provider such as Trading Space.pro, or who encounter difficulties in having their profits paid out, should first refrain from making additional payments. After that, it is definitely advisable to seek legal advice and have them clarify any chances of recovering your funds.
It is important: do not despair under any circumstances, act quickly and obtain legal support Do you have questions about Trading Space.pro? In this case, our legal advisors are at your disposal. Feel free to contact us for an exchange of views on Trading Space.pro.