Erscheinung:09.05.2025 | Topic Unauthorised business, Consumer protection capitalfxs.com: BaFin warns consumers about website
The Federal Financial Supervisory Authority (BaFin) warns consumers about the services offered on the website capitalfxs.com. According to information available to BaFin, Capitalfxs Ltd. is providing financial, investment and cryptoasset services on this website without the required authorisation.
The operator of the website, Capitalfxs Ltd., claims to be domiciled and registered in Saint Lucia. Elsewhere on the website, the company claims to be registered in Saint Vincent and the Grenadines. Furthermore, it also claims to be regulated by the Seychelles Financial Services Authority. The company states that Capitalfxs Securities LLC is involved in its business activities.
Anyone providing financial, investment or cryptoasset 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.
BaFin is issuing this warning on the basis of section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG) and section 10 (7) of the German Cryptomarkets Supervision Act (Kryptomärkteaufsichtsgesetz).
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.
