Who we are.

Cipher Trade UG was founded in Hamburg in 2026. We trade in pre-owned Microsoft volume licences — strictly to distributors, system houses and resellers. Our focus: a complete chain of documentation, ready to pass through to end-customer audits per Microsoft SAM or BSA.

Our model is deliberately lean: no direct sales, no branch structure — just a dedicated written channel with clear terms. That is what keeps our pricing competitive.