2026 · Evidence audit

Deutsche Bank FX (Autobahn) — institutional liquidity provider

Deutsche Bank AG operates as a tier-1 FX liquidity provider. Its Autobahn platform serves institutional clients across various FX products. Self-measured claims regarding client count and trading volume should be independently verified.

Deutsche Bank AG · Frankfurt am Main, Germany · last re-checked 2026-09 · evidence score 92/100

Licence, read on the register

Regulator	Licence number	Jurisdiction	Tier	Source
BaFin + Deutsche Bundesbank	not verified	Germany	tier-1	open source ↗
FCA (Deutsche Bank AG)	150018	UK	tier-1	open source ↗
SEC/FINRA (BrokerCheck, Deutsche Bank Securities Inc.)	8-17822	US	tier-1	open source ↗

Tier classification follows the same scale as the retail register: tier-1 = FCA/ASIC/CFTC-class supervision, tier-2 = CySEC/FSC-Mauritius/MFSA-class, tier-3 = offshore registration. A tier-2 licence is genuine supervision without an investor compensation scheme — never misread it as tier-1 protection.

What the firm commits to

Claims specific enough to be falsified — and the ones that remain the venue's own measurement.

Testable claims

Autobahn is Deutsche Bank's next-generation FX trading platform (db.com press release, 23 Jul 2012)
Autobahn FX is Deutsche Bank's primary trading platform connecting clients (investment funds, corporates, other banks) and venues (exchanges, ECNs) — Google Cloud customer story on Deutsche Bank infrastructure
Deutsche Bank was founded in 1870 to accompany German companies abroad; over 150 years serving clients (db.com who-we-are)

Claims we cannot verify from outside

Autobahn client-count and volume claims (self-measured)
EUR 1tn-per-day e-trading commitment figure from 2012 press release (historical, self-measured)

Perimeter and coverage

Asset classes	Venues	Connectivity	Clients accepted	Explicitly refused
FX spot, FX forwards, FX swaps, NDFs, FX options		FIX, REST/API, Autobahn FX platform	Banks, Investment funds, Corporates, Institutional investors	Retail clients

A firm that publishes its own negative space — who it refuses, where it is not licensed — is materially easier to diligence than one that doesn't. The refusal list is treated here as a disclosure, not a defect.