The BaFin issues a warning against Coinnova On Nov 4, 2025, the Federal Financial Supervisory Authority (BaFin) issued a warning against Coinnova for the lack of the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2025/neu/meldung_2025_10_30_coinnova_eu_en.html?cms_expanded=false

BrokersView has reviewed that Coinnova is an unregulated broker According to its website, it is located in the UK. Upon investigation, no matching information was found in the Financial Conduct Authority (FCA). In addition, the Federal Financial Supervisory Authority (BaFin) issued a warning against Coinnova for the lack of the required authorization. In fact, Coinnova is not regulated by any authority. Therefore, Coinnova is a scam.