Bafin
BaFin Warns of “Smarter Trading with Zero Spreads” Pitch That Could Cost You Everything
- The regulator said suspected operators behind "zero spreads" platforms are offering banking and financial services illegally.
- Similar scrutiny has emerged in Hong Kong, where the SFC proposed restricting unregulated firms from using terms like “exchange” or “trading platform.”
Thursday, 06/11/2025 | 13:24 GMT by
Jared Kirui
Germany to Mandate CFD-Like Risk Warning for Turbos, Will Prohibit Bonuses
- The new rules will reportedly come into effect in June 2026.
- Earlier, BaFin revealed that 543,000 retail investors traded turbos between January 2019 and December 2023, and 74.2 per cent of them lost money.
Wednesday, 15/10/2025 | 11:03 GMT by
Arnab Shome
Europe Shuts Down 1,400+ Fake Trading Platforms in Crackdown on Scammers: Report
- Many of the fake brokers operated from overseas call centers, persuading users to transfer money.
- German investigators, together with BaFin, Europol, and Bulgarian authorities, led the operation.
Monday, 13/10/2025 | 18:25 GMT by
Jared Kirui
Fraudsters Pose as Invesco to Offer Fake Trading Accounts in Germany, Regulator Warns
- According to the regulator, alleged Invesco employees have been contacting individuals by phone and email without their consent.
- To avoid falling victim to fraud, investors are advised to use BaFin’s online company database to verify whether a firm is properly authorized.
Wednesday, 10/09/2025 | 20:02 GMT by
Jared Kirui
BaFin Wants Brokers to Stress-Test Systems After April Trading Breakdown
- The move follows widespread failures when U.S. tariff news drove record traffic on trading apps.
- BaFin also expects institutions to maintain contingency measures and improve communication with users.
Monday, 25/08/2025 | 12:35 GMT by
Jared Kirui
More Firms Caught Promoting Unauthorized Investments in WhatsApp Groups, German Watchdog Warns
- BaFin is investigating Aurealis Capital and Minexra for allegedly offering unauthorized financial services via WhatsApp groups.
- The watchdog issued a similar warning early this month, accusing Axionto of promoting investments using the same channel.
Tuesday, 22/07/2025 | 13:53 GMT by
Jared Kirui
BaFin Warns Against Investment Offers Shared in WhatsApp Groups by Unlicensed Firm
- The German regulator warned against Axionto, accusing the company of promoting unlicensed investment services on WhatsApp and private messages.
- A recent BaFin study revealed that young investors, especially those aged 18 to 45, are increasingly relying on social media for financial information.
Wednesday, 09/07/2025 | 20:13 GMT by
Jared Kirui
BaFin Survey Finds Half of Clients Don’t Understand Structured Investment Products
- The review flagged inconsistent cost disclosures, potentially making it harder for clients to compare investment products.
- Some institutions failed to account for how rising underlying asset prices could lead to early product maturity and force reinvestment at higher costs.
Tuesday, 17/06/2025 | 19:26 GMT by
Jared Kirui
How Fraudsters Use AI to Lure Investors—BaFin Exposes the Scam
- Watchdog flags 20 nearly identical websites offering unauthorized financial and crypto services, urges consumers to exercise caution.
- Since early last year, AI-driven schemes have become a widespread issue in the retail trading world.
Tuesday, 03/06/2025 | 07:10 GMT by
Damian Chmiel
German Regulator Orders Stablecoin Issuer Ethena to Cease Operations, Cites MiCA Compliance Breaches
- Ethena GmbH was found to have “serious deficiencies” in regulatory compliance, prompting prior sanctions in March.
- The company had been operating under MiCA’s transitional arrangement.
Tuesday, 15/04/2025 | 18:54 GMT by
Jared Kirui
BaFin Freezes Ethena GmbH's Asset Reserves over USDe Token Deficiencies Under MiCA
- Around 5.4 billion USDe tokens circulate, with a large portion issued before MiCA’s implementation.
- The regulator suspects Ethena GmbH is offering unapproved securities, including USDe and sUSDe tokens.
Friday, 21/03/2025 | 17:21 GMT by
Tareq Sikder
BaFin Imposes EUR 23 M Fine on Deutsche Bank AG for “Regulatory Breaches”
- The bank faced the penalty for delays in investigating derivative violations and inadequate account change support.
- Postbank violated investment advice recording rules and account change assistance requirements.
Tuesday, 04/03/2025 | 17:58 GMT by
Tareq Sikder
Crypto Young Investors: BaFin Study Reveals over 50% Trust Social Media and Finfluencers
- The study found that 32% of respondents invested in cryptocurrencies in the past two years.
- Social media users are more likely to invest in diverse asset classes, especially cryptocurrencies, than non-users.
Monday, 23/09/2024 | 11:52 GMT by
Tareq Sikder
German Regulator Reveals €52.7 Billion Hit from Financial Sector IT Incidents
- BaFin reported a 17.5% increase in IT incidents affecting payment services in 2023.
- The German regulator highlights growing operational risks, particularly related to IT outsourcing.
Wednesday, 10/07/2024 | 12:29 GMT by
Damian Chmiel
BaFin: Beware of Unauthorized Clones of Pepperstone, CMC Markets, and ActivTrades
- The identified clone entities operate the websites: pepperstone.vip, cmc-market.live, and activtrades.live.
- Bafin mentioned that the entities use the catchy slogan "Your Time to Shine!"
Monday, 01/07/2024 | 12:36 GMT by
Jared Kirui
BaFin Unveils Unauthorized Financial Services: A Clone of Pepperstone
- The regulator warns against pepperstone.vip's unauthorized financial services posing as Pepperstone GmbH.
- Previously, the FCA warned of a clone firm falsely claiming affiliation with Pepperstone.
Wednesday, 22/05/2024 | 09:37 GMT by
Tareq Sikder
BaFin Imposes 9.2 Million EUR Fine on N26 for 2022 Compliance Lapses
- The firm faces a fine for reporting failures but has improved its anti-money laundering processes.
- It prepared for a potential fine by setting aside provisions in its 2022 financial statements.
Tuesday, 21/05/2024 | 11:43 GMT by
Tareq Sikder
FCA, BaFin Warns against These Unregistered Financial Service Providers
- The companies include Global Sky Trading, Supermininfx.ltd, EliteGlobalMiners, FlowsGlobal, LegitimateFxPro.com, and Solid-Trades Unit.
- Elsewhere, BaFin has warned against Trade211.com for providing unauthorized financial services.
Friday, 10/05/2024 | 14:08 GMT by
Jared Kirui
BaFin: Beware of These Firms Offering Unlicensed Financial Services
- The regulator flagged Taurumax.com for offering financial and investment services without authorization.
- Similarly, BaFin has warned the public about the services offered by ApolloKapital Ltd.
Tuesday, 26/03/2024 | 18:26 GMT by
Jared Kirui
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