The German regulator BaFin has conducted an investigation of ProfitInvestFX. The operator is allegedly New Generation Market SIA in Dublin, Ireland, or Riga, Latvia. The content on the website as well as documents available to BaFin justifies the assumption that New Generation Market SIA is unauthorizedly offering banking transactions or financial services via the aforementioned Internet platform in Germany. During our review today, no registration was possible. The scam will soon be gone.