Home -
Brokers -
Main body -

WikiFX Express

XM
FXTM
IC Markets Global
TMGM
EC markets
FOREX.com
HFM
pepperstone
D prime
octa

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.

BrokerDealerForex tradingForex Broker

Related broker

No Regulation
Forbschain
Company name:Forbschain
Score
1.48
Website:https://www.forbschain.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.48

Read more

Is CITY INDEX Legit or a Scam? Read This In-depth Review

Is your fund withdrawal experience with CITY INDEX nothing short of a disaster? Have the broker officials given you various reasons to deny you fund withdrawals? Did their reasons seem invalid to you? Have you lost capital due to malicious hedging? Did you even witness hassles while depositing funds? These issues have allegedly become common for traders here. We have thoroughly investigated these allegations in this CITY INDEX review article. Read on as we share their complaints.

Original 2026-04-01 22:53

Olymptrade Review: Examining Fund Losses, Withdrawal Denials & Credit Failures

Is the majority of your trades on the Olymptrade platform resulting in losses? Does the Vanuatu-based forex broker fail to grant you withdrawal access despite numerous requests? Have you witnessed an error in the candlestick chart provided by the brokerage entity? Did your deposit fail to show on the Olymptrade login? You are among the list of traders who have faced all these, with some venting out on broker review platforms such as WikiFX. In this Olymptrade review article, we have examined a series of allegations made against the trading enterprise. Have a look!

Original 2026-04-01 19:20

VIDEFOREX Review: Is This Broker Legit? Check Regulation Now

Read our VIDEFOREX review to find if this broker is a scam. Check VIDEFOREX regulation, login details, and user complaints. Start trading safely today!

Original 2026-04-01 17:52

SuxxessFX Review: Scam or Legit Broker? Unbiased Analysis

Is SuxxessFX a scam? Read our unbiased SuxxessFX review to uncover risks, complaints, and regulatory status. Investigate before you invest!

Original 2026-04-01 17:40

WikiFX Express

XM
FXTM
IC Markets Global
TMGM
EC markets
FOREX.com
HFM
pepperstone
D prime
octa

WikiFX Broker

TMGM

TMGM

Regulated
XM

XM

Regulated
TICKMILL

TICKMILL

Regulated
FXTM

FXTM

Regulated
vantage

vantage

Regulated
Exness

Exness

Regulated
TMGM

TMGM

Regulated
XM

XM

Regulated
TICKMILL

TICKMILL

Regulated
FXTM

FXTM

Regulated
vantage

vantage

Regulated
Exness

Exness

Regulated

WikiFX Broker

TMGM

TMGM

Regulated
XM

XM

Regulated
TICKMILL

TICKMILL

Regulated
FXTM

FXTM

Regulated
vantage

vantage

Regulated
Exness

Exness

Regulated
TMGM

TMGM

Regulated
XM

XM

Regulated
TICKMILL

TICKMILL

Regulated
FXTM

FXTM

Regulated
vantage

vantage

Regulated
Exness

Exness

Regulated

Latest News

QUOTEX Review: Recent Withdrawal Cases and Scam Alerts

WikiFX
2026-03-31 15:08

CTBC Securities Review: Is This Taiwan Broker Safe for Forex?

WikiFX
2026-03-31 15:22

DFSA Issues Warning Against Fraudulent Scams Using Fake Regulatory Information

WikiFX
2026-03-31 16:39

Mtxotu Review 2026: Is this Forex Broker Legit or a Scam?

WikiFX
2026-04-01 11:01

Why Malaysian Crypto Investors Should Pay Attention to Quantum Computing

WikiFX
2026-04-01 12:52

MEGA FUSION Review: Regulation, Licences and WikiScore Analysis

WikiFX
2026-04-01 12:41

Evest Review 2026: Is This Broker Regulated or a Scam?

WikiFX
2026-04-01 17:32

SuxxessFX Review: Scam or Legit Broker? Unbiased Analysis

WikiFX
2026-04-01 17:40

Is CITY INDEX Legit or a Scam? Read This In-depth Review

WikiFX
2026-04-01 22:53

IUX Broker Review: The High-Leverage Trap Hidden Behind Multi-Regulated Facades

WikiFX
2026-04-01 11:55

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

DingHui

DingHui

TOP-MININGBOT

TOP-MININGBOT

StocksCM

StocksCM

GlobalOption TRADES

GlobalOption TRADES

GlobalMonedas

GlobalMonedas

BizPrimeCapitals

BizPrimeCapitals

Xtboption

Xtboption

TGM

TGM

Capital88

Capital88

AUS Financial

AUS Financial