Global Broker Regulation Inquiry App
WikiFX
English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
German Regulator Issues Warning About Pepperstone Clone
Abstract：The Federal Financial Supervisory Authority (BaFin) of Germany has issued a cautionary alert to consumers regarding a website named Pepperstone. VIP.
The Federal Financial Supervisory Authority (BaFin) of Germany has issued a cautionary alert to consumers regarding a website named Pepperstone. VIP.
BaFin has received reports indicating that financial and investment services are being offered on this platform without the requisite authorization. It's important to note that Pepperstone GmbH, a licensed securities institution, is not associated with this website. This situation represents a case of identity theft.
Instances like these often involve unauthorized entities attempting to deceive individuals by utilizing the details—such as logos, names, and addresses—of legitimate, licensed companies. However, these unauthorized entities, commonly referred to as clones, have no affiliation with the authorized businesses.
In Germany, any entity offering financial or investment services must possess authorization from BaFin. Nevertheless, there are instances where companies operate without the necessary authorization.
This alert from BaFin is in accordance with section 37(4) of the German Banking Act, providing consumers with crucial information to safeguard against potential financial risks.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
Amillex Broker Affiliate Program: A Complete Guide to Earning with Referrals
The Amillex Broker affiliate and partnership programs offer an excellent chance for people and businesses to earn steady income by referring new traders. Simply put, this is your opportunity to make money from your network, website visitors, or social media followers by working with a trusted, high-quality broker. This partnership gives you competitive payment rates, strong benefits for partners, and reliable support to help you succeed. This complete guide covers everything you need to know, from understanding how you can earn money to following a clear plan for increasing your income. We will show you how to turn your influence into steady and growing earnings.
Original 1h
Firsttrade Review: Traders Raise Ponzi-Style Scam Concerns, Withdrawal Denials & More Issues
Have you lost all your capital while trading via Firsttrade? Does the US-based forex broker disallow you from withdrawing funds? Do you have to pay massive fees when transferring funds? Does your trade get affected because of frequent malfunction in the trading app? These have been haunting many traders at Firsttrade. Consequently, many of them have raised complaints online. In this Firsttrade review, we have shared such complaints. Keep reading to know about them.
Original Three days ago
Defcofx Review: Spread Manipulation & Poor Customer Support Outrage Traders
Does the poor customer support service leave you stunned when trading via Defcofx? Do you receive blunt, negative responses from the support team on several trading queries? Does the Saint Lucia-based forex broker pile on the losses for you by manipulating forex spread charges? In this Defcofx review, we have shared some complaints made against the broker. This will further answer your question: Is Defcofx real or fake?
Original Three days ago
Beware the “Ghost Brokers” This Halloween — Trade Safely with WikiFX
Stay safe this Halloween! Spot and avoid ghost brokers in the forex world with WikiFX – your trusted tool for verifying broker legitimacy.
Original Three days ago
WikiFX Broker
Latest News
Annual Sales Of New Vehicles Expected To Hit Only 15.7 Million Units: Cox
WikiFXAmillex Broker Affiliate Program: A Complete Guide to Earning with Referrals
WikiFXSaxo Bank Japan Expands European Stock Portfolio with UBS, Ferrari, and Other Major Names
WikiFXNew SC Rules Take Effect in November 2025: What’s Next for Finfluencers?
WikiFXCurrency Calculator
USD
CNY
Current Rate: 0
Amount
USD
Available
CNY
Calculate