BaFin

The user fell victim to a bank impersonation scam involving N26, resulting in an €8,000 loss. Scammers, posing as N26 Security, obtained personal and financial details, added the user's card to Apple Pay, and made unauthorized purchases. N26 refused to reimburse most of the loss, citing authentication via the user's app during the scam.

German financial regulator BaFin is investigating fashion retailer Zalando over potential failure to disclose a €1.1bn transaction. The probe relates to a deal connected to Zalando's acquisition of About You.

UniCredit has requested BaFin, the German financial regulator, to review Commerzbank's statements related to a bid. A UniCredit SpA bank branch in Milan is mentioned in the article.

The author switched from buying crypto spot to trading crypto CFDs due to capital efficiency and flexibility. They tested several brokers, including Plus500, XTB, and Libertex, and currently use Libertex. The author uses a hybrid approach with core BTC/ETH in spot and CFDs for shorter-term trades.

The author switched from buying crypto spot to trading crypto CFDs due to capital efficiency and flexibility. They tested several brokers, including Plus500, XTB, and Libertex, and preferred Libertex for its competitive spreads and decent range of crypto CFDs. The author now uses a hybrid approach, keeping core BTC/ETH in spot on a hardware wallet and using CFDs for shorter-term trades.

The author tracked spreads on four platforms for about two months and found significant differences in EUR/USD and DAX spreads. Platform C, a commission model regulated by CySEC and BaFin, offered the cheapest options for position sizes above €1,000. The author's findings suggest that commission models can be more cost-effective than spread-based brokers for larger trades.