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

Not Regulated

Forbschain

Company name：Forbschain

Score

1.49

Website：https://www.forbschain.com/

2-5 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

Score

1.49

Best Lowest Spread Forex Brokers in Indonesia 2026

Indonesia's retail forex market has matured into one of Southeast Asia's most active. With more than 800,000 Indonesians now trading currencies online and demand for tighter pricing rising every year, the spread — the gap between a broker's bid and ask quote — has become the single most decisive cost factor for active traders. A difference of even half a pip on EUR/USD can add up to thousands of US dollars annually for a trader running 50+ standard lots a month. This guide breaks down the brokers offering the lowest spreads to Indonesian traders in 2026, explains exactly how spread mathematics impacts your bottom line through real trader scenarios, and walks through the regulatory framework you should understand before depositing.

Original 2026-05-20 20:33

CFI Expands UAE Offering with Direct Access to Dubai Stocks

CFI has added more than 40 Dubai-listed stocks to its platform, widening its UAE product range as forex brokers in the region continue expanding beyond currency trading.

Original 2026-05-20 18:23

ECN vs STP Forex Brokers: A Complete 2026 Comparison

If you've spent any time researching forex brokers, you've almost certainly run into the labels ECN and STP. They sound technical, broker marketing departments use them interchangeably, and the actual difference matters more for your trading costs than most beginners realize. Both ECN and STP are No Dealing Desk (NDD) execution models — neither broker type takes the opposite side of your trade. That alone separates them from market makers and matters because it removes a fundamental conflict of interest. But the way each model routes your order, prices it, and earns revenue is structurally different, and those differences directly translate into the spread you pay, the slippage you absorb, and whether your strategy is profitable at scale. This guide breaks down exactly how the two models work, where they diverge, and which one fits which type of trader.

Original 2026-05-20 17:29

RoboForex Review 2026: Examining Withdrawal Issues and Unfair Account Termination Complaints

While trading with any forex broker, the fundamental aspect to look at is its regulation and user reviews. Today, we will examine the RoboForex broker, its offerings, user reviews, regulatory perspective and more. In a nutshell, user reports have been largely negative for this broker in 2026, with many complaining about funds being withheld despite KYC confirmation, illegitimate account termination and other trading aspects. Let’s start investigating all of these in this RoboForex review article.

Original 2026-05-20 15:16