EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is Fels wealth GmbH licensed under MiCA in the European Union?
Fels wealth GmbH's European entity (Fels wealth GmbH) is recorded as an authorised Crypto-Asset Service Provider under the EU's Markets in Crypto-Assets Regulation, with its authorisation issued by Germany on 10 December 2025.
Verdict: Fels wealth GmbH appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | Fels wealth GmbH |
|---|---|
| Home Member State | Germany |
| National Competent Authority | Federal Financial Supervisory Authority (BaFin) |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 391200LUYJY880GPSY38 |
| Authorised services | Order execution, Order R&T, Portfolio management, Portfolio management on crypto-assets |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About Fels wealth GmbH
Fels wealth GmbH is a German financial firm that operates FollowMyMoney, a multi-asset investment platform. Rather than a consumer crypto exchange, it presents itself as a brokerage, asset manager and digital wealth-management service: the site markets following the strategies of 'star traders and investors' with one click, a portfolio dashboard, and trading across asset classes through its MyBroker and MyInvestor features. Crypto-assets appear as one component of a diversified, multi-asset product range alongside instruments such as stocks, ETFs and derivatives, not as a standalone Bitcoin or custody product. Source: followmymoney.de
According to research compiled from public company sources, the platform is operated within the FELS group (FELS Group GmbH), is based in Kelkheim (Taunus), Germany, and was registered in 2019. The same sources describe support for EUR/SEPA transactions and indicate that, as a multi-asset broker and asset manager, the firm does not position dedicated crypto savings, staking, or a crypto card as primary offerings. These are third-party descriptions rather than confirmations from the entity itself. Sources: fintech-consult.com, followmymoney.de
On the legal point: the contracting legal entity is Fels wealth GmbH, established in Germany and supervised by the Federal Financial Supervisory Authority (BaFin) as its national competent authority. Under the EU Markets in Crypto-Assets Regulation (MiCA), the entity is recorded against the crypto-asset services of order execution, reception and transmission of orders, and portfolio management on crypto-assets. The authorisation covers those specific services and does not, on the available data, extend to other MiCA services such as custody and administration of crypto-assets for clients, operation of a trading platform, or exchange of crypto-assets for funds or for other crypto-assets. Source: BaFin
Which crypto services is Fels wealth GmbH authorised to offer in the EU?
Under its MiCA authorisation issued by Federal Financial Supervisory Authority (BaFin), Fels wealth GmbH (Fels wealth GmbH) is approved to provide the following services to EEA residents. Each service is defined in Article 3(1)(16) of Regulation (EU) 2023/1114.
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Execution of orders for crypto-assets on behalf of clients
The exchange can place orders for you on third-party venues (smart-routing). Less common in retail crypto; relevant for brokerage-style services.
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Reception and transmission of orders for crypto-assets on behalf of clients
The exchange can receive your order and pass it to another venue for execution. Brokerage-pattern service, often paired with order execution.
Which services is Fels wealth GmbH not authorised to offer?
Fels wealth GmbH's MiCA licence does not cover: Custody, Trading platform, Exchange for funds, Exchange for crypto, Placing, Advice, Portfolio mgmt, Transfer services. These services may still be offered by other authorised providers, or by Fels wealth GmbH under a different regulatory framework (for example, derivatives may fall under MiFID II rather than MiCA). Source: ESMA Register, retrieved 30 June 2026.
See other MiCA-authorised exchanges by service:
Why is Fels wealth GmbH licensed in Germany?
Germany's BaFin runs a strict, banking-style authorisation model. Trade Republic, which already held a German banking licence, was authorised in April 2025. BaFin previously refused Binance's German licence application in 2023, leading Binance to withdraw from the German market. Source: Federal Financial Supervisory Authority (BaFin).
| National Competent Authority | Federal Financial Supervisory Authority (BaFin) |
|---|---|
| Investor compensation | EdW (compensation scheme for securities firms) plus bank-deposit cover where applicable. |
| Regulatory context | BaFin's banking-style scrutiny is the highest barrier among MiCA NCAs. |
What does this mean for users of Fels wealth GmbH in the EU?
If you transact through Fels wealth GmbH's EEA-authorised entity (Fels wealth GmbH), the protections introduced by MiCA apply to your relationship from onwards. In practical terms this means: client crypto-assets are ring-fenced from the exchange's own funds (Article 70 MiCA), the authorised entity holds prudential capital, has formal complaint-handling procedures, and is subject to transparency obligations on fees and order execution. Source: Regulation (EU) 2023/1114.
One thing to verify yourself: the legal entity you contract with day-to-day must match the entity in the ESMA register. Some global exchanges operate multiple legal entities under one brand. Confirm in Fels wealth GmbH's terms of service that your contracting entity is Fels wealth GmbH, not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to Fels wealth GmbH?
Three MiCA-authorised providers to consider. Drawn from the ESMA register, never paid placement.
| Provider | Home Member State | Authorised | Services |
|---|---|---|---|
| Alaric Securities | Bulgaria | 9 services | |
| FIDUS Finanz AG | Germany | 4 services | |
| OKX | Malta | 9 services |
Related reading
Understand the regulatory context behind Fels wealth GmbH's entry on the register:
Frequently asked questions about Fels wealth GmbH and MiCA
Is Fels wealth GmbH licensed under MiCA?
Yes. Fels wealth GmbH appears in the ESMA Register of MiCA-Authorised Crypto-Asset Service Providers, with its authorisation issued by the competent authority of Germany.
Which EU countries can Fels wealth GmbH serve under this licence?
A MiCA authorisation in one EEA member state permits passporting across all EEA member states, subject to a notification process to each host-state regulator.
Are my crypto-assets on Fels wealth GmbH protected under MiCA?
MiCA introduces ring-fencing of client crypto-assets, prudential capital requirements for the authorised entity, complaint-handling obligations, and conduct rules. It does not provide a deposit-guarantee scheme equivalent to bank deposit insurance.
What's the difference between the authorised entity and the global brand?
Some global exchanges operate multiple legal entities. The MiCA authorisation applies only to the specific legal entity in the ESMA register, not to the global brand. Verify the contracting entity in Fels wealth GmbH's terms of service.
Where can I check the official record?
The ESMA register publishes the authoritative list and updates it weekly. The direct link to Fels wealth GmbH's entry is on this page under 'Sources'.
Sources
This page is updated weekly. Last verified . If you believe any information on this page is inaccurate, write to our contact page.