Erscheinung: 12.03.2026 | Topic Unauthorised business, Consumer protection BaFin warns consumers about the series of platforms with the slogan “Invest and trade 300+”

The Federal Financial Supervisory Authority (BaFin) warns consumers about a series of almost identical websites. According to information available to BaFin, this website is being used to offer financial, investment and cryptoasset services without the required authorisation. The operators of the website are not supervised by BaFin.

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

• alphaxle(.)com, purportedly operated by ALPHA UCITS SICAV bzw. ALPHAXLE broker (UK) Limited – identity theft targeting the investment fund Alpha UCITS SICAV, which is registered with the British Financial Conduct Authority (FCA);
• axerdigital(.)com, purportedly operated by AXA Global Distribution Fund or AXERDIGITAL broker (UK) Limited – identity theft targeting the investment fund AXA Global Distribution Fund, which is registered with the FCA;
• vontrade(.)io, purportedly operated by VT Sorbus Vector Fund 1 or VONTRADE broker (UK) Limited – identity theft targeting the investment fund VT Sorbus Vector Fund 1, which is registered with the FCA;
• vectradx(.)com, purportedly operated by VT Sorbus Vector Fund 1 or VECTRADX broker (UK) Limited – identity theft targeting the investment fund VT Sorbus Vector Fund 1, which is registered with the FCA;
• mfxtech(.)com, purportedly operated by MFS MERIDIAN FUNDS – U.K. EQUITY FUND or MFXTECH broker (UK) Limited – identity theft targeting the investment fund MFS MERIDIAN FUNDS – U.K. EQUITY FUND;
• qpbroker(.)com, purportedly operated by Quilter Investors UK Equity Growth Fund or QPBROKER (UK) Limited – identity theft targeting the investment fund Quilter Investors UK Equity Growth Fund, which is registered with the FCA;
• qbitrex(.)com. 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 – 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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