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SafeFin

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Operating status: SCAM

Website: https://safefin.org/

Broker violations and abnormal records
  • 2025-03-18 BaFin issues a warning against SafeFin

    On March 19, 2025, the Federal Financial Supervisory Authority (BaFin) issued a warning against SafeFin, noting that this is not authorized by them and it is not associated with the authorized COI Partners Deutschland GmbH. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2025/meldung_2025_03_19_Safefin_GmbH_en.html;jsessionid=CA7434749F79E89AADCC4E952C433250.internet982

    On March 19, 2025, the Federal Financial Supervisory Authority (BaFin) issued a warning against SafeFin, noting that this is not authorized by them and it is not associated with the authorized COI Partners Deutschland GmbH. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2025/meldung_2025_03_19_Safefin_GmbH_en.html;jsessionid=CA7434749F79E89AADCC4E952C433250.internet982
  • 2025-03-19 BrokersView has reviewed that SafeFin is an unregulated broker

    SafeFin fails to provide any useful information about its true identity and regulatory status. This lack of transparency is a major red flag. Against its claims of having 194 years of experience, its domain name was just registered in December 2024. In addition, the Federal Financial Supervisory Authority (BaFin) issued a warning about SafeFin, noting that this firm is not authorized by them and has no association with the authorized COI Partners Deutschland GmbH.

    In essence, SafeFin 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.  SafeFin appears to be a scam. 

    SafeFin fails to provide any useful information about its true identity and regulatory status. This lack of transparency is a major red flag. Against its claims of having 194 years of experience, its domain name was just registered in December 2024. In addition, the Federal Financial Supervisory Authority (BaFin) issued a warning about SafeFin, noting that this firm is not authorized by them and has no association with the authorized COI Partners Deutschland GmbH. In essence, SafeFin 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. SafeFin appears to be a scam.

Related Complaints

Q&A

What is SafeFin? A safe platform?

Nazrul Islam
France
2025-03-23
ANSWER Dear Investor, We strongly advise against trading with SafeFin due to the substantial risks. SafeFin has raised significant concerns regarding its credibility. Firstly, the platform fails to disclose meaningful information about its identity or regulatory status. Secondly, despite its claim of an impressive 194 years of experience, records show that its domain was only registered in December 2024. Additionally, the Federal Financial Supervisory Authority (BaFin) has explicitly warned that SafeFin is not authorized by them and has no connection with the regulated entity, COI Partners Deutschland GmbH. Based on the available evidence, SafeFin appears to be fraudulent in nature. Therefore, we strongly suggest avoid using SafeFin.
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