About FELS Group GmbH:
The FELS Group is a fintech company based in Kelkheim, Germany, near Frankfurt. It has developed software that enables clients to easily and directly implement strategies from external and independent investment professionals: using their existing bank account and in their own securities account. This is made possible by an online financial platform on which selected traders and investment professionals post their strategies and investment suggestions for clients. Clients receive these suggestions in an app via a push service and can follow them directly and in real time.
Our first product Follow MyTrader is a product from FELS wealth GmbH, a FELS Group GmbH company. FELS wealth GmbH, Dieselstraße 2, 65779 Kelkheim, is the provider of the financial services in accordance to Section 1 German Banking Act (KWG) and has a corresponding permit from the Federal Financial Supervisory Authority (BaFin) in accordance to Section 32 German Banking Act (KWG).
As a content provider per § 7(1) of the German Telemedia Act, FELS Group GmbH is legally responsible for the content on its platform. FELS also offers third-party content via links to external websites, which are labeled accordingly. When setting an external link, FELS reviews the external content to determine its compliance with applicable laws. However, the content of these external links may change at any time and FELS does not perform ongoing checks of the content linked from our platform.