The German BaFin issues a warning against AIFMD On March 27, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the company AIFMD and the services it is offering. BaFin suspects the unknown operators of the website aifmd.xyz of offering consumers financial and investment services without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_03_11_aifmd_xyz_en.html

BrokersView has reviewed that AIFMD is an unregulated trading platform AIFMD purports to have a market presence spanning over eight years. Yet, its domain name, aifmd.xyz, was only registered recently in February 2024. This inconsistency between its alleged age and the recent establishment of its domain name casts doubt on the platform's credibility. This discrepancy serves as a red flag.The platform doesn't provide details regarding its operators, discouraging investors from verifying its authenticity and legitimacy. The Federal Financial Supervisory Authority (BaFin) has launched an investigation and warned consumers about the company AIFMD and the services it is offering. BaFin suspects the unknown operators of the website aifmd.xyz of offering consumers financial and investment services without the required authorization.In essence, AIFMD is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.AIFMD appears to be a scam.

CONSOB orders the shutdown of AIFMD's website On June 17, 2024, the Italian Companies and Exchange Commission (CONSOB) ordered AIFMD’s website to be blacked out since it offers financial services illegally in Italy. https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-17-june-2024/718268

BrokersView has identified that AIFMD's website is currently offline BrokersView found that the domain "https://aifmd.xyz/;https://live.aifmd.xyz/" are currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

Which account type on AIFMD is recommended for newcomers? We strongly advise against opening account with AIFMD, an unlicensed broker.This broker's website is newly established and it is unclear who is offering financial services through the site. This is a red flag for fraudulent activities. the Federal Financial Supervisory Authority (BaFin) has launched an investigation into the platform and issued a press release to warn consumers about the company AIFMD and the services it is offering. BaFin suspects the unknown operators of the website aifmd.xyz of offering consumers financial and investment services without the required authorization.Therefore, AIFMD poses substantial risks fo fraud and identity theft. To avoid falling victim to scams, it is highly recommended to opt for fully regulated brokers over unregulated ones like AIFMD. View Source