There are so many options for investments out there. That makes it hard to know which ones are a real deal and which are a scam.
When it comes to CFD investments, learn how to tell the difference between a legit service and a CFD fraud. We’ve prepared a short guide to help you do your research before investing.
What is a CFD investment?
Always know what you’re investing in. CFD stands for Contract for Difference. It is a contract between a buyer and a seller. It means that the seller will pay the buyer the difference of value.
Are all investments a scam?
You might wonder if the CFD investment you are interested in is legitimate or a scam. Will it be something you can make money from? Or will you lose all your money?
The issue is written in the fine print. Are you really going to be the buyer or are you falling for a scam investment? If there is a legit contract, you can go for it. Keep in mind that you could still lose your money if market conditions go against you.
If anything about the contract feels off, or if the seller is being too pushy, do not go forward with the investment and look for another opportunity instead. Do not become one of the many victims of CFD fraud!
How does it turn into a scam?
It is easy for what you think is a legitimate CFD investment to turn out to be a scam.
You might realize that the assets you invested in don’t even exist. That is exactly why you need to do all your research before investing in anything they are offering you.
What scam brokers usually do is set the value to minus, which will make you pay all the difference. The moment you pay what they ask you for, they disappear with your money.
What should you do if you fall victim to CFD fraud?
It’s really hard to realize you’ve fallen victim to fraud and lost your money. You probably don’t know what to do if you have been scammed online. You might think your money is gone forever. However, this is not always the case. There is hope. Possibilities exist for you to recover your funds.
Claim Justice is a service that works for justice. We have worked many cases for people just like you, that have fallen for a CFD fraud.
What you need to know about Claim Justice
For you to determine if Claim Justice can assist you there are a few things you have to know.
You will be required to provide proof that you have been scammed by a CFD fraud. This will include all communication records between you and the scammers and proof of deposit. You will have to demonstrate that you have already asked the scammer to return your stolen funds.
The payment method is very important as well. How did the transaction happen? Claim Justice can only help if the transaction was via credit or debit card, or direct debit order.
How long does the process take?
You might wonder how long the process will take. When will you get your money back? It all depends on how difficult your case is. How big is the amount of money that was stolen, for example? Where are the scammers located? How much information do you have about their identity? Many more factors are taken into consideration. But long as it takes, Claim Justice will be with you every step of the way.
If you’re looking for Forex Scam information instead, please read our forex guide.