As of 07 July 2020, BaFin issued a cease and desist order to Z.I.E natural edition GmbH, Hamburg, to stop the unauthorized money remittance business immediately.
Z.I.E natural edition GmbH accepts funds from private persons on its own accounts for the sole purpose of transferring these funds to mainly foreign accounts of companies based abroad. Among these companies are the owners of unlicensed trading platforms as marketssoft.com.
The administrative order is final.
Additional information
Online trading platforms: BaFin warns against unlicensed providers
