Margex’s offer is aimed at investors who are interested in the online trading segment. Because at Margex, you can trade Bitcoins with a leverage of 1:100. However, our lawyers have received a public warning from the Spanish financial supervisory authority (CNMV) on the subject of Margex.

For Margex ‘s current online trading clientele or for those who are considering investing in the near future, the following questions are definitely essential:

  1. Are there any empirical values from other investors on the subject of Margex from which conclusions can be drawn?
  2. What can you as a customer of Margex do in the event of losses?
  3. Does the provider Margex have a licence from a state supervisory authority in Europe?
  4. Is Margex a reputable company?

The lawyers of the Herfurtner law firm have addressed these questions and compiled the answers in this article on the topic of Margex.

Table of contents

  1. Margex experience
  2. Margex on the net
  3. Contact details of Margex
  4. Margex authorisation
  5. Warning from financial regulators about Margex
  6. Online trading advice
  7. Lawyers advise on disputes

Parallel to the question to what extent Margex offers a trustworthy offer, it is crucial to deal with the basics for a promising trading. Our lawyers will also comment on how Margex compares to other financial products. We will also assist investors with detailed questions and disputes relating to Margex.

Margex Experience

The provider’s website tells us that Margex is a trading and investment platform for digital assets. In addition, Margex offers worldwide access to a modern trading infrastructure. In doing so, Margex has made it its mission to offer a fair, secure and easy-to-use platform with the world’s best financial technologies.

Moreover, Margex believes that everyone should have equal and unrestricted opportunities to build wealth. According to Margex, this applies to everyone, regardless of who they are and where they live. After all, Margex’s goal is to make complex systems simple to understand and simple to use.

Furthermore, Margex is a reliable way to trade bitcoin, whereby one can use a leverage of up to 1:100. According to Margex, it was developed by traders for traders and combines the liquidity of more than twelve exchanges in one place.

Furthermore, Margex was developed with user-friendliness in mind, which is why investors benefit from the most transparent reporting system in the industry.

In doing so, Margex uses the most practical and scalable infrastructure that allows traders to trade without interruption even during the highest market activity. This is because Margex combines the best of cryptocurrencies with standard banking security standards and stores 100% of assets in cold offline wallets.

The web presence of Margex

Information on the alleged online broker Margex can be found on the German web presence of the service provider at the URL

Operator and trademark

The name of the website or trading platform or offer is not always identical with the operating company. In the past, it has often happened that providers operate in parallel with many different trademarks.

On top of that, it is common practice for certain operators to shut down the websites of discredited trademarks and to return to the market with another trademark in the near future.

Consequently, when researching news and statements about a service provider, it is always a good idea to look not only at the trademark but also at the operating company. The respective information can be found either in the imprint or often also in the footer of a website.

In the footer of the website one reads that Margex is owned by Margex Trading Solutions Ltd.

Domain information

Various companies throw their many years of experience into the balance in order to convey credibility. However, such claims are often contradicted by the date on which the domain was registered. Consequently, it is necessary to check who the domain owner is and when the domain was registered.

Our legal advisors have established the facts about the provider Margex on 30.3.2022 with this result: Domain Name: Registry domain ID: 1868005786_DOMAIN_COM-VRSN Registrar WHOIS Server:

Registrar URL: Updated Date: 2021-06-19 10:55:39 Creation Date: 2014-07-23 01:32:30 Registrar Registration Expiration Date: 2025-07-23 01:32:30


According to §6 of the State Media Treaty (MDStV), the name of the person responsible for the content of the online presence must be indicated in the imprint. In many cases, this is a member of the provider’s management board. To name the persons responsible is not only obligatory, but also a sign of transparency.

In March 2022, no information on responsible persons could be found on the Margex website.

Imprint information

In the Federal Republic of Germany, according to §5 of the German Telemedia Act (TMG), there are basic obligations to provide information and mandatory details for the imprint. Accordingly, this obligation for “provider identification” exists for all commercially operated websites.

This is because the information should inform the user of an online presence who he or she is dealing with. Last but not least, the address of the website operator plays a role in the event that legal claims are to be enforced against him.

In this context, it is also important to note that the obligation to maintain an imprint applies equally to providers based abroad who conduct their business activities in this country. As of March 2022, there was no imprint on the Margex website.

Margex contact details

At the time of writing, the following information was available on the Margex website:

  • Postal address of Margex: n. A.
  • Margex telephone number: n/a A.
  • Margex email contact: info[a]

Margex Authorisation

The existence of a valid authorisation from a state-owned European financial supervisory authority can be an important characteristic of whether a company is a reputable provider. This is because the granting of a licence requires a great deal of financial effort on the part of the company.

Nevertheless, it does not necessarily have to be an investment fraud if a broker omits information on its licence or its own regulatory status. The following financial supervisory authorities, among others, are responsible for granting authorisations and supervising financial service providers such as Margex:

  • CNMV, Spain (Comisión Nacional de Mercado de Valores)
  • BaFin, Germany (Federal Financial Supervisory Authority)
  • FI, Sweden (Finansinspektionen)
  • MFSA, Malta (Malta Financial Services Authority)
  • SFC, Hong Kong (Securities and Futures Commission)

No information on regulatory licensing could be found on Margex’s web presence at the time of writing in March 2022. Private investors can discuss what this fact entails in dialogue with a legal advisor of our law firm.

Margex – Warning of the Spanish Financial Supervisory Authority

On the subject of Margex, the CNMV, Spain’s financial supervisory authority, already announced in February that it was an unregistered company. Accordingly, the provider of Margex is not authorised to offer investment services.

Before trading with Margex and others – online trading tips

Trading via online platforms such as Margex is the extension of conventional trading in financial instruments to the internet. Here, as there, investors act with the aim of generating income through the purchase and sale of assets. Trading is no longer limited to securities.

Rather, customers can also choose from the following alternatives, for example:

  • Money market funds
  • Commodities
  • Real estate
  • Cryptocurrencies such as Bitcoins and Altcoins, e.g. Ethereum
  • Contracts for difference trading
  • Cash
  • Forex Trading
  • ETFs
  • Funds
  • Silver

Online trading is done through intermediaries such as online brokers (like Margex) or banks that provide their clients with a special trading software solution. Especially the far-reaching technical developments have led to the fact that online trading is nowadays time-saving and convenient and consequently as recognised as popular.

The advantages of online trading

Digitalisation has also had a significant impact on the financial world, especially in relation to trading such as at Margex. Because of the technological possibilities, trading has gained significantly in speed.

Whereas investors and traders used to have to place their orders by phone, fax or post, this is now possible at the click of a mouse and with considerably less effort. Criteria such as the term and type of trade, pricing and quantities or account details no longer have to be discussed between the broker Margex and its customers in a personal meeting.

At the end of the day, the possibility of online trading has brought about a number of advantages:

  • Learning materials for online trading, knowledge pools, analyses or trading courses are offered as standard in many places.
  • The danger of losses due to gaps decreases.
  • The range of tradable assets is broader and deeper.
  • A lot of tools can be applied automatically and immediately.
  • Transaction fees have dropped noticeably, as personal telephone support is no longer required.
  • Profits can also be earned with a low stake.
  • Online traders have access to a wide range of tools and indicators.
  • The speed of trade execution has increased noticeably.
  • The platform executes the booked orders, all you need is an internet connection.

But online trading does not only provide investors with plus points in terms of the easy use of the platform. Above all, the capital investor enjoys noticeably more comfort through analysis options, indicators and the various tools.

After all, the days when you had to draw your own chart diagrams or make your own time-consuming calculations are a thing of the past. Today, online trading platforms offer their customers a wide range of order types that online traders can execute themselves with a day trading broker of their choice.

Bitcoin & Co. – cryptocurrencies are moving onto the radar of investors

However, digitalisation has not only changed trading as such enormously. Because the unstoppable technologisation has provided online stock exchange traders with a new field of action: trading in digital assets.

The most popular cryptocurrencies include Bitcoin and Ethereum. Bitcoin was the very first cryptocurrency, which is why all other digital currencies are called “alt-coins”.

Currently, there is an enormous variety of tradable crypto assets, and the landscape is extremely volatile. As a result, fresh coins are constantly coming onto the market and many disappear just as quickly as they were released.

For online traders, this harbours opportunities as well as risks, which are, however, noticeably increased in comparison to conventional investments due to the pronounced volatility. For investors, freshly issued cryptocurrencies are basically like a game at the roulette table.

With a little luck, the stake can be multiplied considerably. However, the possibility of losing the entire capital is also immensely high. Therefore, it might be a good decision for cautious traders to focus on the top 10 crypto stocks that have been traded for quite some time and have a relatively large market capitalisation.

What do the new alt-coins do?

In addition to Bitcoin and Ethereum, the Binance Coin, Solana, Cardano or Ripple should be mentioned here. Cardano and Solana in particular can be classified as more modern and future-oriented compared to Bitcoin and Ethereum.

While the former are criticised for their energy-intensive “proof of work” procedure, the latter rely on the less energy-intensive “proof of stake” mechanism.

In addition, the blockchain-based projects Cardano and Solana allow the use of so-called smart contracts. In addition, other projects are emerging in the respective ecosystems, such as Solanart, a marketplace for so-called “non-fungible tokens”, or NFTs for short.

These can be used in decentralised finance (“DeFi”), for example. There, they help to implement security mechanisms that ensure the uniqueness of transactions and the correctness of each submitted order. The bottom line is that cryptocurrency investors have an immensely wide choice of cryptocurrencies to invest in.

However, crypto trading is mainly recommended for those investors who are extremely risk-averse. Furthermore, the same applies to crypto trading: be careful when choosing a service provider. Unfortunately, there are many documented cases of fraud and cybercrime in which crypto exchanges have played a significant role.

The risks of online trading

Not all that glitters is gold, this statement also applies to online trading. Accordingly, in addition to the advantages, there are also a number of disadvantages that interested private investors should include in their considerations:

  • If wrong decisions are made, there is a risk of enormous losses.
  • The existence of fraudulent trading platforms has led to enormous risks of loss.
  • Investors should keep a constant eye on the price movements.
  • Compared to traditional trading, it is rather hasty.
  • Investors should already be experienced in trading and follow resilient strategies.

Especially risky day trading is not suitable for investors who are dealing with the topic of trading for the first time. This is because the risk of not correctly predicting price developments is considerable, and in view of the time pressure it is difficult to make adjustments.

Consequently, this form of trading tends to be suitable for particularly savvy investors or investors with a pronounced affinity for risk. If you belong to this group, day trading is a way to achieve results quickly. Furthermore, one benefits, for example, from the elimination of fees for holding positions overnight.

Finally, such financing costs must also be included in an overall consideration of a financial investment. Moreover, one is literally spared the rude awakening in the morning if there were immediate and violent price changes. Such “gaps” quickly arise due to adverse reports about a company.

On the other hand, one quickly sees successes if one can report a profit at the end of a trading day. It is also relevant for day traders to compare the trading fees of the individual brokers. At this point, it may be advisable to opt for a flat rate.

This is worthwhile if you trade at a higher frequency and individual order fees would significantly reduce your earnings.

Recognising risks and dangers

In order not to unnecessarily increase the dangers of online trading, it is recommended to check with which service provider one wants to be active at the trading places. From the experience of our law firm, some questions have emerged that can be used to identify possible risks. Applied to the example of Margex, these would be as follows:

  • Did the exchange with Margex take place via an unsolicited phone call?
  • Is Margex regulated by a European financial supervisory authority and is the provider subject to government supervision?
  • Are there any alerts from lawyers or law firms serving injured clients in connection with Margex?
  • Is there an imprint on the Margex website and can credible statements about the provider’s place of business be found?
  • Are there any official warnings concerning Margex?
  • Does Margex promise unusually high profits or safe returns and conceal or downplay the risks?
  • What experiences have other investors already had with Margex, what is the prevailing opinion in forums?

Conduct in the event of losses

If you suspect that you have been defrauded in online trading, it is recommended that you immediately block further payments. This applies in particular to the circumstance that the provider demands additional payments to make up for deficits.

In addition, one should try to recover the lost capital. In this context, affected persons can seek investor protection and contact the lawyers of our law firm.

Our law firm examines civil law as well as criminal law options and possible claims for damages against the financial provider and against involved payment service providers such as banking institutions. It is by no means an isolated case when a private investor loses his capital in the course of online trading.

Many investors are blinded by the professional behaviour of the service providers and do not realise in time that they are not responsible for their loss. Our advice is therefore not to despair, but to react promptly and actively.

Because the chance of recovering the lost capital is usually greater than the aggrieved investors realise. Would you like to talk to one of our lawyers about Margex? Then click here to go directly to our contact area.