BaFin Warns About Unauthorized Forex Platforms

BaFin News

Published March 6th, 2026

Detected March 6th, 2026

Summary

Germany's financial regulator, BaFin, has issued a warning regarding several forex trading platforms operating under the slogan 'Trade Without Limits' that are offering cryptoasset services without the required authorization. Consumers are advised to exercise extreme caution as these platforms are not supervised by BaFin.

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What changed

BaFin, the German Federal Financial Supervisory Authority, has issued a consumer warning concerning a series of forex trading platforms, including imc-point(.)com and imperiumfin(.)com, which are allegedly offering cryptoasset services without the necessary authorization. These platforms are not supervised by BaFin, and the regulator has previously issued a warning for imc-point(.)com on February 27, 2026. The warning is issued under Section 10 (7) of the German Cryptomarkets Supervision Act (KMAG).

Consumers are strongly advised to exercise utmost caution when considering online investments and to conduct thorough research to identify potential fraud attempts. BaFin recommends checking its database of companies for authorization status before engaging with any financial service provider. Failure to comply with authorization requirements can lead to supervisory actions, and consumers engaging with unauthorized entities risk financial loss without recourse.

What to do next

Consumers should verify BaFin authorization before engaging with forex or cryptoasset platforms.
Exercise extreme caution with online investment platforms, especially those with slogans like 'Trade Without Limits'.
Consult BaFin's company database to confirm authorization status.

Source document (simplified)

Erscheinung: 06.03.2026 | Topic Unauthorised business, Consumer protection BaFin warns consumers about the series of platforms with the slogan “Trade Without Limits with 0 Spread Forex Broker”

The Federal Financial Supervisory Authority (BaFin) warns consumers about a series of almost identical websites. According to information available to BaFin, the operators are offering cryptoasset services on these websites without the required authorisation. The operators are not supervised by BaFin.

To date, BaFin has become aware of the following websites in this regard:

imc-point(.)com
imperiumfin(.)com BaFin published a warning about the website imc-point(.)com on 27 February 2026.

Banking business, financial services and cryptoasset services may only be offered in Germany with authorisation from BaFin. However, some companies offer these services without the required 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 10 (7) of the German Cryptomarkets Supervision Act (Kryptomärkteaufsichtsgesetz – KMAG).

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.

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