Trade Pro UK Plc, London, United Kingdom, claims on this website that it is registered with the British Financial Conduct Authority (FCA). To back this claim, it has published a certificate allegedly issued by the FCA. However, this certificate is fake.

Furthermore, a link on the website trade-pro.tech redirects consumers to the entry of the company Trade Pro Ltd in the British Company Register at Companies House. It seems that this is supposed to create the impression that the operator of the website, Trade Pro UK Plc, and Trade Pro Ltd are identical. BaFin does not have any information suggesting that this is the case, and considers it more likely that this is a case of identity theft.

BaFin has since become aware that the operator is now operating under the completely identical website trade-pro.io.

As BaFin has now become aware, an employee of Trade Pro UK Plc is acting under the name “Albrecht Baumann” and refers to a corresponding registration with the FCA. He also claims to be working for Westmile Invest L.P., which is also registered with the FCA. BaFin has no indication that this information is correct. In both cases, identity theft must also be assumed here.

Anyone conducting banking business and providing financial or investment services in Germany may do so only with authorisation from BaFin. However, some companies offer these services without the necessary authorisation. Information on whether a particular company has been granted authorisation by BaFin can be found in BaFin’s database of companies.

Theinformation provided by BaFin is based on section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG).