BaFin

What a Tier 1 regulator means

Major-market regulator with a statutory investor-compensation scheme, strict capital and client-money rules, and an active enforcement record. We use this tier in the regulation part of every Editor Rating. How regulator tiers work.

Where a BaFin licence counts on Coinish

It is the local regulator for Germany: a company licensed by BaFin counts as locally licensed there. As a regulator in the European Economic Area, its licensees can also serve other EEA countries under the EU passport once they have notified those countries; we record which ones each company serves.

How to check a BaFin licence

1. Open the BaFin public register and search for the company name or licence number shown in the broker’s website footer.
2. Check the legal name matches the company named in your account agreement: brokers often run several companies under one brand.
3. Check the licence is current and covers the service you want (for example dealing in CFDs or holding client money).

Lists where BaFin-licensed companies are ranked

Forex brokers in Germany (2) · CFD brokers in Germany (2) · Stock brokers & investing apps in Germany (4) · Crypto exchanges in Germany (2) · Forex brokers in the Netherlands (1) · CFD brokers in the Netherlands (1) · Stock brokers & investing apps in the Netherlands (2) · Crypto exchanges in the Netherlands (1) · Forex brokers in Italy (2) · CFD brokers in Italy (2) · Stock brokers & investing apps in Italy (2) · Crypto exchanges in Italy (1) · Forex brokers in Spain (2) · CFD brokers in Spain (2) · Stock brokers & investing apps in Spain (1) · Crypto exchanges in Spain (1) · Forex brokers in Austria (2) · CFD brokers in Austria (2) · Stock brokers & investing apps in Austria (1) · Crypto exchanges in Austria (1) · Stock brokers & investing apps in Croatia (1) · Crypto exchanges in Croatia (1) · Forex brokers in Portugal (1) · CFD brokers in Portugal (1) · Stock brokers & investing apps in Portugal (1) · Crypto exchanges in Portugal (1) · Stock brokers & investing apps in Cyprus (1) · Crypto exchanges in Cyprus (1)