What is BaFin?

BaFin is the German authority that supervises banks, investment firms and insurance intermediaries. A brand that lists it holds German permission, which is the check worth making before you hand over money.

arttrade is the clearest case here: its regulators are limited to BaFin, and it publishes the licence number 80175757 so you can look it up. 1822direkt also names the European Central Bank, BaFin and the insurance intermediary register. BERGFÜRST lists BaFin alongside the IHK Berlin intermediary register, and Bitpanda names Austrian, German and Maltese market authorities.