Do you recommend that traders trade with Aktien AG?

https://aktien.ag/

Aktien AG is not a licensed or regulated broker even though it states offers that look good to be true. Aktien AG claims to be a trading name of AktienAG Holding Ltd, regulated by a financial authority without presenting the specific name of the regulator. Lacking details of regulatory information may be a distinct signal of an unlicensed broker, as regulated brokers always present their certificates and licenses in a prominent position. It is a red flag. 

Aktien AG also claims to be a Cyprus-based company. Then we searched the Cyprus Securities and Exchange Commission (CySEC) but did not find any matching results. 

What's more, the German Federal Financial Supervisory Authority (BaFin) issued a warning that Aktien AG has not been granted authorisation to conduct banking business or provide financial services. You can check the full warning from here.

The truth is, Aktien AG is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Aktien AG and trade with licensed brokers.