EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED 30 June 2026

Is Traders Place GmbH & Co. KGaA licensed under MiCA in the European Union?

Traders Place GmbH & Co. KGaA's European entity (Traders Place GmbH & Co. KGaA) 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 21 July 2025.

Verdict: Traders Place GmbH & Co. KGaA appears in the ESMA Register of MiCA-Authorised CASPs.

Legal entity	Traders Place GmbH & Co. KGaA
Home Member State	Germany
National Competent Authority	Federal Financial Supervisory Authority (BaFin)
Authorisation date	21 July 2025
Legal Entity Identifier (LEI)	`5299005Y5T6LXFAXDQ78`
Authorised services	Order R&T

Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.

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About Traders Place GmbH & Co. KGaA

Traders Place GmbH & Co. KGaA is a German neo-broker rather than a dedicated crypto exchange: it offers securities such as stocks, ETFs and derivatives alongside crypto-assets inside a single depot, accessible through a smartphone app or web portal. On its own crypto overview page the company states that customers can trade real crypto-assets through Traders Place, with the crypto wallet unlocked as part of the existing Traders Place depot. The same page notes that, at present, crypto trading is only available to customers resident in Germany. Source: Traders Place crypto overview

The crypto offering is built on third-party infrastructure rather than run end-to-end by Traders Place itself. The company states that crypto-assets are held in custody in Germany by Tangany GmbH, a custodian supervised by BaFin, and that buy and sell orders are passed to Baader Bank AG, which acts as commission agent (Kommissionar) and acquires or disposes of the crypto-assets in its own name but for the customer's account. Traders Place also warns that crypto-assets are speculative, that trading takes place on unregulated markets, and that the displayed price is indicative only and may differ from the execution price (slippage). According to research summaries, the firm was founded in 2023 and is based in Freilassing, Germany; it offers spot trading and savings plans but no staking, no wallet transfers and no crypto card, with EUR funding via SEPA. Sources: Traders Place crypto overview, CryptoTicker review

On the legal point: the contracting entity is Traders Place GmbH & Co. KGaA, established in Germany, whose competent national authority is the Federal Financial Supervisory Authority (BaFin). Under the EU Markets in Crypto-Assets Regulation (MiCA), the entity is authorised for a single crypto-asset service: reception and transmission of orders for crypto-assets on behalf of clients. This matches its role as an order router that forwards customer orders to Baader Bank for execution. The MiCA authorisation does not, on this basis, cover other services such as custody and administration of crypto-assets, operating a trading platform, or exchanging crypto-assets for funds or other crypto-assets - custody in this setup is provided separately by Tangany GmbH. So the direct answer to whether Traders Place GmbH & Co. KGaA is licensed under MiCA in the EU is yes, but only for the reception and transmission of orders, under BaFin supervision in Germany. Source: Traders Place crypto overview

Which crypto services is Traders Place GmbH & Co. KGaA authorised to offer in the EU?

Under its MiCA authorisation issued by Federal Financial Supervisory Authority (BaFin), Traders Place GmbH & Co. KGaA (Traders Place GmbH & Co. KGaA) is approved to provide the following services to EEA residents. Each service is defined in Article 3(1)(16) of Regulation (EU) 2023/1114.

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 Traders Place GmbH & Co. KGaA not authorised to offer?

Traders Place GmbH & Co. KGaA's MiCA licence does not cover: Custody, Trading platform, Exchange for funds, Exchange for crypto, Order execution, Placing, Advice, Portfolio mgmt, Transfer services. These services may still be offered by other authorised providers, or by Traders Place GmbH & Co. KGaA under a different regulatory framework (for example, derivatives may fall under MiFID II rather than MiCA). Source: ESMA Register, retrieved 30 June 2026.

Why is Traders Place GmbH & Co. KGaA 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 Traders Place GmbH & Co. KGaA in the EU?

If you transact through Traders Place GmbH & Co. KGaA's EEA-authorised entity (Traders Place GmbH & Co. KGaA), the protections introduced by MiCA apply to your relationship from 21 July 2025 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 Traders Place GmbH & Co. KGaA's terms of service that your contracting entity is Traders Place GmbH & Co. KGaA, not a non-EEA affiliate.

Which MiCA-authorised exchanges are alternatives to Traders Place GmbH & Co. KGaA?

Three MiCA-authorised providers to consider. Drawn from the ESMA register, never paid placement.

Provider	Home Member State	Authorised	Services
Alaric Securities	Bulgaria	22 December 2025	9 services
OKX	Malta	27 January 2025	9 services
Kraken	Ireland	25 June 2025	8 services

Frequently asked questions about Traders Place GmbH & Co. KGaA and MiCA

Is Traders Place GmbH & Co. KGaA licensed under MiCA?

Yes. Traders Place GmbH & Co. KGaA 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 Traders Place GmbH & Co. KGaA 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 Traders Place GmbH & Co. KGaA 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 Traders Place GmbH & Co. KGaA'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 Traders Place GmbH & Co. KGaA's entry is on this page under 'Sources'.

Sources

This page is updated weekly. Last verified 30 June 2026. If you believe any information on this page is inaccurate, write to our contact page.