the The German Federal financial Supervisory authority has on 19. December, ordered the immediate cessation of the financial transfer transaction, the Swiss Convene GmbH. On www.cfdpremium.com it provides financial services for Bitcoin & co., which is not approved by the BaFin.
By Phillip Horch
20. December 2018ShareFacebookTwitterLinkedInxingemail
What for English learning at the end of a tongue Twister, Ghost for many financial service providers a fright: the German Federal financial services Supervisory authority (in short: BaFin). This has now been arranged that the Swiss Convene GmbH ceases with immediate effect your services. On the website www.cfdpremium.com she had offered without the permission of the authority, the CfDs for crypto-currencies such as Bitcoin, Ethereum or Ripple.
CfD Premium, licensed Bitcoin CfDs
to offer On their website CFD Premium describes itself as one of the leading brokers:
„CFDpremium is one of the most innovative Forex brokers. [The platform] offers a wide range of highly advanced technical solutions. It offers high-quality trading platforms and a high level of liquidity, both for new as well as experienced traders. Our team of experts can help you, so that you can safely invest in a secure and regulated environment.“
BaFin assigns the immediate setting of
Well, that’s probably a lie – a regulated environment will be a non-licensed. BaFin:
writes, „The Swiss Convene GmbH looks forward to taking on your business accounts, deposits from individuals and forwards them to various foreign accounts of various companies. The companies are primarily foreign-based. In this way, among other things, customers of the non-licensed Internet trading platform www.cfdpremium.com funds to be credited to your internal trading platform managed trading account.“
Also refers the authority to a warning from August, you had already warned of the like provider. Therefore, BaFin was able to observe in the area of contracts for difference and Forex trading increasingly it is coming here to unlizenziertem trade. A note on the often hidden imprint, which often refers to Offshore letter-box addresses.