Terms & Conditions

Liability for contents

As a service provider, we are responsible for our own content on these pages in accordance with general legislation pursuant to Section 7 (1) of the German Telemedia Act (TMG). According to the Sections 8 to 10 TMG, however, we are not obligated as a service provider to monitor transmitted or stored third-party information or to investigate circumstances that indicate illegal activity.

Obligations to remove or block the use of information according to general laws remain unaffected. However, liability in this regard is only possible from the time of knowledge of a concrete infringement. If we become aware of such infringements, we will remove this content immediately.

Liability for links

Our offer contains links to external websites of third parties, on whose contents we have no influence. Therefore, we cannot assume any liability for these external contents. The respective provider or operator of the pages is always responsible for the content of the linked pages. The linked pages were checked for possible legal violations at the time of linking. Illegal contents were not recognisable at the time of linking.

However, a permanent control of the contents of the linked pages is not reasonable without concrete evidence of a violation of the law. If we become aware of any infringements, we will remove such links immediately.


The content and works created by the site operators on these pages are subject to German copyright law. The reproduction, editing, distribution and any kind of exploitation outside the limits of copyright require the written consent of the respective author or creator. Downloads and copies of this site are only permitted for private, non-commercial use.

Insofar as the content on this page was not created by the operator, the copyrights of third parties are acknowledged. In particular, third-party content is identified as such. Should you nevertheless become aware of a copyright infringement, we request that you notify us accordingly. If we become aware of any infringements, we will remove such content immediately.

Out-of-court dispute resolution

The European Online Dispute Resolution Platform of the European Commission can be found at We are neither willing nor obliged to participate in this dispute resolution procedure.

Consumers may also complain at any time in writing or for the record to the conciliation body at Deutsche Bundesbank about violations of provisions of the German Civil Code (BGB) relating to distance contracts for financial services. A request for conciliation can be submitted there by e-mail to, by fax to +49 69 709090-9901 or by mail to Deutsche Bundesbank, - Schlichtungsstelle -, Postfach 11 12 32, 60047 Frankfurt am Main. A form for this purpose and further instructions on the procedure are available for download at schlichtungsstelle. We are obliged and willing to participate.

In the event of disputes in connection with investment brokerage, there is also the possibility of contacting a conciliation body set up at Bundesanstalt für Finanzdienstleistungsaufsicht (Referat ZRC 3, Graurheindorfer Straße 108, D-53117 Bonn, Fon: 0228 / 4108-0, Fax: 0228 / 4108-62299, E-Mail:, Internet: The application for a conciliation procedure must be submitted in writing to the office of the conciliation body, briefly describing the facts of the case and including the documents required to understand the dispute (e.g. correspondence, terms of contract, cost calculations). The request can also be submitted by e-mail. We are obliged and willing to participate.