EJMarkets is not modest. The website claims that over 480,000 traders use the broker platform, which would be "multi-regulated" in several jurisdictions. This is all bullshit. The German regulator BaFin announced an investigation into the scam. The content on the EJMarkets website and information and documents available to BaFin justify the assumption that WP HOLDING UND MANAGEMENT LTD is unauthorizedly conducting banking business or providing financial services in Germany, the regulator says.