WIKIFX REPORT: Trading platform forbschain.com: BaFin investigates Forbschain

Forbschain | 2022-07-28 13:54

Abstract：In accordance with section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG), BaFin would like to make clear that Forbschain, domiciled in Luxembourg, has not been granted authorisation under the KWG to conduct banking business or provide financial services. The company is not supervised by BaFin.

The information provided on the website operated by Forbschain, forbschain.com, and the information and documents available to BaFin give reasonable grounds to suspect that the company is conducting banking business/providing financial services in the Federal Republic of Germany without the required authorisation.

Under the KWG, authorisation is required in order to conduct banking business or provide financial services in Germany. However, some companies operate without the necessary authorisation. Information on whether a particular company has been authorised by BaFin can be found in BaFins database of companies.

BaFin, the German Federal Criminal Police Office (Bundeskriminalamt – BKA) and the German state criminal police offices (Landeskriminalämter) recommend that consumers seeking to invest money online should exercise the utmost caution and do the necessary research beforehand in order to identify fraud attempts at an early stage.

Broker Dealer Forex trading Forex Broker

Related broker

No Regulation

Forbschain

Company name：Forbschain

Score

1.47

Website：https://www.forbschain.com/

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.47

NaFa Markets User Reputation: A Deep Look into Complaints and Scam Claims

Let's answer the important question right away: Is NaFa Markets safe or a scam? After carefully studying all available evidence, NaFa Markets shows all the typical signs of a fake financial company. We strongly recommend not putting any money with this company. You should avoid it completely. Read on for more revelation about the broker.

Original 2026-01-23 20:58

Core Prime Exposure: Traders Report Illegitimate Account Blocks & Manipulated Trade Executions

Was your Core Prime forex trading account disabled after generating profits through a scalping EA on its trading platform? Have you witnessed losses due to manipulated trades by the broker? Does the broker’s customer support team fail to clear your pending withdrawal queries? Traders label the forex broker as an expert in deceiving its clients. In this Core Prime review article, we have investigated some complaints against the Saint Lucia-based forex broker. Read on!

Original 2026-01-23 20:24

Inside the Elite Committee: Talk with Ahmed Hassan

WikiFX has launched the “Inside the Elite” Interview Series, featuring outstanding members of the newly formed Elite Committee. During the committee’s first offline gathering in Dubai, we conducted exclusive interviews and gained deeper insights into regional market dynamics and industry developments. Through this series, WikiFX aims to highlight the voices of professionals who are shaping the future of forex trading — from education and compliance to risk control, technology, and trader empowerment.

Original 2026-01-23 11:46

NaFa Markets Regulation: A Deep Dive Investigation Exposing a Major Scam

WARNING: Do not put any money into NaFa Markets. Our research shows it has all the signs of a clever financial scam. This platform lies about its legal status and uses tricks that are the same as fake investment schemes designed to steal your funds. When people search for information about NaFa Markets regulation, they need to know the truth: it is fake and made up.

Original 2026-01-22 22:30