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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.

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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

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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

Is NaFa Markets Legit? A Complete Investigation

Our research into NaFa Markets gives us a clear and urgent answer. For anyone asking, "Is NaFa Markets legit?", the answer is definitely no. This platform shows all the typical signs of a fake operation created to steal funds from people who don't know better. We strongly recommend that all traders stay completely away from this platform.

Original 2026-01-22 22:05

Capitalix Review: Revealing the Latest Fund Scam Allegations Against the Broker

Has Capitalix imposed a fine on your trading inactivity? Did you still lose your capital despite paying the fine amount? Have you had multiple instances of fund scams at Capitalix? Does your forex trading account balance often become negative? Failed to receive a response to the Capitalix withdrawal application? Did you face a prolonged drawdown issue on the broker’s trading platform? You are not alone! Many traders have reported these issues on broker review platforms such as WikiFX. We have uncovered all these alleged trading activities in this Capitalix review article. Take a look!

Original 2026-01-22 21:34

WikiFX Express

XM
FXTM
IC Markets Global
LiquidBrokers
EC markets
FOREX.com
TMGM
HFM
Pepperstone
octa

WikiFX Broker

XM

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Regulated
FXTM

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Domestic Regulation
XM

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IC Markets Global

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OANDA

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WikiFX Broker

XM

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FXTM

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IC Markets Global

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Vantage

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HFM

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OANDA

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XM

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FXTM

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IC Markets Global

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Regulated
Vantage

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HFM

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Regulated
OANDA

OANDA

Domestic Regulation

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