BaFin Warns Consumers About Wertede Services

BaFin News

Published March 24th, 2026

Detected March 24th, 2026

Summary

BaFin has issued a warning to consumers regarding the financial and investment services offered by Wertede on the websites wertede(.)com and wertede(.)cc. The operator is providing these services without the required authorization from BaFin, which is a violation of German banking law.

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What changed

The Federal Financial Supervisory Authority (BaFin) has issued a warning to consumers concerning the unauthorized financial and investment services offered by Wertede via the websites wertede(.)com and wertede(.)cc. BaFin states that the operator lacks the necessary authorization required under German law to provide such services within Germany. This action is taken under Section 37 (4) of the German Banking Act (KWG).

Consumers are strongly advised to exercise extreme caution when dealing with online trading platforms and to conduct thorough research to identify potential fraud. BaFin recommends consulting its database of authorized companies to verify the legitimacy of financial service providers. This warning highlights the risks associated with unauthorized financial activities and the importance of regulatory oversight for consumer protection.

What to do next

Verify company authorization in BaFin's database before engaging financial services.
Exercise extreme caution with online investment platforms.
Report suspected violations to BaFin.

Source document (simplified)

Erscheinung: 24.03.2026 | Topic Unauthorised business, Consumer protection Wertede: BaFin warns consumers about the services offered on the websites wertede(.)com and wertede(.)cc

The Federal Financial Supervisory Authority (BaFin) warns consumers about the services offered on the websites wertede(.)com and wertede(.)cc. According to information available to BaFin, the operator is providing financial and investment services on this website without the required authorisation.

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 authorised 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).

Please be aware:

BaFin warns consumers to beware of fraudulent trading platforms.

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.

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