FXdirekt Bank

From Wikipedia, the free encyclopedia
Jump to: navigation, search
FXdirekt Bank AG
Private company
Industry Banking / Online Trading
Founded 2004
Headquarters Oberhausen, Germany
Products defunct
Number of employees

FXdirekt Bank was an independent company that had around 90 employees at its peak. On December 21, 2012, it began to liquidate customer accounts and return customer assets, pursuant to the order of the German financial regulator, BaFin. The company headquarters were located in Oberhausen, Germany. FXdirekt Bank was a member of the EdW ("Entschädigungseinrichtung der Wertpapierhandelsunternehmen"), which was an organisation created to secure investor claims and was also registered as a commercial bank with the BaFin the German financial regulator.

Company history[edit]

The first German-language online trading platform FXdirekt was introduced onto the market in 2001 by the company ibas AG, which was closely associated with the FXdirekt Bank. The FXdirekt Bank was founded in 2004.

The CEO of FXdirekt was Mr.Wolfgang Stobbe, born on 21 May 1963. He helds 100% of all shares of the FXdirekt Bank AG.

The company was forced to liquidate customer accounts and return assets on December 21, 2012 by BaFin.