Erscheinung:14.01.2019 | Topic Unauthorised business CCFDbank has no authorisation under section 32 of the German Banking Act (Kreditwesengesetz – KWG)
The Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) wishes to state that it has not granted CCFDbank authorisation under section 32 of the KWG to conduct banking business or provide financial services. The company is not subject to supervision by BaFin.
On its website, CCFDbank offers potential clients the opportunity to open trading accounts to trade in forex and contracts for difference (CFD) on shares and commodities (gold and silver).
The company does not have an address in Germany where postal delivery is possible. The Frankfurt am Main address provided on the company’s website does not exist. It is also not possible to contact the company using the telephone number provided on the website.