Vestrado – On its website https://vestrado.com/, the broker claims to be a financial service provider that is active in the areas of value investments and financial analyses. Accordingly, investors can hope for returns in the near future.
If you have invested with Vestrado and there are problems with the payout, the lawyers of the law firm Herfurtner are at your side with advice and action.
Vestrado – Broker appraisal
Currently, there is a very high number of providers such as Vestrado, among others. Thus, it has never been as easy but also as uncertain as now to invest in the volatile financial markets. Precisely because there are many options, choosing a broker can be time-consuming and daunting. Especially if you want it to meet your personal investment needs.
Have you already invested with Vestrado? In this case, the following aspects are relevant for you as an investor.
- Regulated brokers on the internet, trustworthy providers, costs and brokerage commissions, product options and key data are just a few of the aspects you should consider when making your final decision.
- Access to cross-border stock markets is becoming easier and more interesting for investors through online investments.
- A wide range of order types can be used in trading online.
- A suitable place to start for investors who want to inquire about share certificates, futures, binary options and cryptocurrencies is a website like this one.
The following statements are basic suggestions for investors – regardless of the platform you invest in.
Vestrado Checklist: Evaluate brokers comprehensively
The following list serves as a safeguard against providers with dubious intentions.
- Ask yourself: What is the name of the contact person I should get in touch with?
- Is there a complete imprint on the homepage?
- Do not use remote maintenance software that gains access to your end devices.
- Identity theft is a serious nuisance: Please do not hand over a copy of your identity card. Criminals usually ask you to do this.
- Find out as much as possible about the company and the goods you want to buy (search engines on the net, forums, online card services).
- Do not accept unsolicited investment recommendations from strangers via telephone advertising or e-mails.
- Do not be misled by assurances of extremely high profits without the risk of losing investments.
Unsolicited and unsolicited – “insider” tip via email or fax from Vestrado?
Have you ever received investment proposals by e-mail from a provider like Vestrado that you do not know? Do you receive fax messages from the stock exchange that you have by no means requested? Or have you received an apparent “secret tip”? Investors should beware of such suggestions, because they are usually spread by dubious groups as well as companies that want to make a profit by selling shares from a fictitious success story.
Cases have also come to light in which consumers are called or written to by a supposed stock exchange supervisory authority. It is erroneously claimed that the persons contacted have been the victims of a fraud and that the relevant data have 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 a web form. This is an obvious attempt at fraud. We strongly advise against interacting with such a person or sharing sensitive information such as usernames, passwords, credit card numbers or other identifying information such as your Vestrado account details.
Detect pump and dump in time and protect yourself
The term pump and dump is used to explain a procedure in which the value of a share is unnaturally inflated by insiders. The same share is then sold to other investors at a loss. This is therefore a fraud. A manipulation that profits from the ignorance of small investors and stock market novices. This approach is therefore prohibited in a controlled securities market and for providers such as Vestrado.
The crypto market, however, is still largely “Wild West” as far as such tactics are concerned. That is why special caution is required! Pump-and-dump scams are more common there in connection with the altcoins commonly referred to as such. 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 WWW or in social media or by luring co-investors with unreasonable profit expectations. Make sure that the provider Vestrado provides you with all the information you need on this topic.
Contacting and proceeding with dubious online trading platforms
There is an abundance of capital goods on fraudulent provider websites, which are persistently advertised in blogs and social media to lure investors. In addition, “network marketing” is used to solicit new investors. The advertising primarily emphasises the promise of immediate profitability. In order to start investing, an interested buyer must first of all create an account with the online trading platform – as is the case with Vestrado.
Next, the alleged online brokers contact the investor via a call centre and try to convince him to invest large amounts of money. The investors’ optimistic attitude towards cybertrading is partly reinforced by the idea of future profits. Buyers 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 evolution of stock market data and prices. Vestrado does not necessarily belong to this category. The perpetrators use their own unilaterally defined price values when calculating profits. This means that the financial service provider has all control over whether a profit is made or not.
Until the alleged profits are distributed, this swindle continues. When the time comes for the distribution, the buyers suddenly no longer have access to their accounts and the direct client advisors associated with them. Most investors lose their capital fully invested in this fraudulent trade, forcing them to contact legal counsel.
Duty to inform about commissions and costs
Before investing with Vestrado, find out how much of your investment amount will be used to cover costs, fees and commissions. This is a useful time to look in detail at the info provided by the providers! Investors need to be made aware of all fees included and how they affect the return from investment service providers.
In addition, the costs must be presented individually. Provided that you request a breakdown of the individual fees, the financial service providers are obliged to give you this information. A broker like Vestrado is usually interested in as many trading transactions as possible for understandable reasons. Often the costs are so enormous that it is difficult to make a profit.
The costs can even eat up the invested assets in a very short time. Therefore, be sure to take the costs into account! The broker’s trading fees must be publicly available. The transparency of the structure of the costs is also stipulated in the legal regulations and licensing. In the event of a violation, the provider may be deprived of its regulatory licence.
Payout denied by Vestrado? Call in a law firm immediately
Investors who have lost money with a company like Vestrado, or who are having difficulties getting their winnings paid out, should first stop further payments. Afterwards, it is advisable to seek legal advice and clarify any options for the return of your money. It is important:
- act quickly
- under no circumstances bury your head in the sand
- seek legal help
Would you like to discuss the Vestrado service provider with us? In this case, our lawyers are at your disposal. Please do not hesitate to contact us. This will take you to our contact area, where you can exchange views on the subject of Vestrado.