Erscheinung:21.02.2024 | Topic Unauthorised business, Consumer protection aix-trader.com: BaFin investigates website operator
The Federal Financial Supervisory Authority (BaFin) warns consumers about the company AIX Trader and the services it is offering. BaFin has information that the company is offering financial services on its website aix-trader.com without the required authorisation. BaFin does not supervise any company called AIX Trader.
Financial services may only be offered in Germany if the company providing these services has the necessary authorisation from BaFin to do this. However, some companies offer these services without the necessary authorisation. Information on whether a particular company has been authorised by BaFin can be found in BaFin’s database of companies.
The information provided by BaFin is based on section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG).
Please be aware:
BaFin, the German Federal Criminal Police Office (Bundeskriminalamt – BKA) and the German state criminal police offices (Landeskriminalämter) recommend that consumers seeking to invest money online should exercise the utmost caution and do the necessary research beforehand in order to identify fraud attempts at an early stage.
