简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:MainTrade.Co has been warned by BaFin due to suspected financial services provided without any authorization from the agency.
In line with section 37 (4) of the German Banking Act (Kreditwesengesetz - KWG), BaFin wishes to state unequivocally that MainTrade is not authorized to conduct banking business or offer financial services under the KWG. BaFin does not oversee the firm. The material on the company's website, maintrade.co, suggests that MainTrade is doing banking operations and offering financial services in Germany without the necessary permission.
Companies that do banking activity or provide financial services in Germany must be licensed under the KWG. However, some businesses operate without the proper permits. BaFin's business database contains information on whether a certain firm has been given authorisation.
BaFin, the German Federal Criminal Police Office (Bundeskriminalamt - BKA), and the German state criminal police offices (Landeskriminalämter) advise consumers seeking to invest money online to exercise extreme caution and conduct extensive research ahead of time in order to detect fraud attempts early on.
However, a check of the alleged business on the FCA registration yielded the response “not registered.”
Overview of MainTrade
MainTrade, according to its official website, is an international online broker that offers consumers and institutional investors access to over 600 trading products across six asset classes. We operate all over the world and put a high value on offering professional and dependable services to all of our customers.
WikiFX, a medium platform of 30 global financial authorities, got bad comments from its traders.
Download and install the WikiFX App on your mobile phones from the download link below. You can also download the app from the App Store or Google Play Store.
Download link: https://www.wikifx.com/en/download.html
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
SC Malaysia has been cautioned regarding Arab investment company. According to the Authority, a possible clone operating an illegal investment scheme offers high returns e.g.a return of RM3,000 in 24 hours with an investment of RM300. This entity does not carry a License.
SWIFT EARNERS has emerged as a controversial and highly dubious player. Despite its claims of being a reliable broker with a base in the United States and additional operations in Thailand, the experiences of numerous victims tell a different story. A particularly harrowing account comes from a South African victim who has found himself ensnared in what appears to be a well-orchestrated scam.
When searching for "RIF-CAPITAL" in WikiFX, we found that we have not yet confirmed its valid license information. WikiFX has received eight complaints against the trader in the past three months.
Trading in the financial markets, whether forex or cryptocurrency, can seem daunting for beginners. However, with the right approach and mindset, anyone can evolve from a rookie to a confident trader. Here’s a step-by-step guide to help you navigate this journey.