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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
1.48
Website:https://www.forbschain.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.48

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AMBER MARKETS Review 2026 — Is AMBER MARKETS Broker Safe for Forex Trading?

If you’re searching for an AMBER MARKETS review or wanting to know whether the AMBER MARKETS broker is regulated and trustworthy, this in-depth article breaks down everything you need to know before trading forex or CFDs with this broker.

Original 2026-01-28 14:40

Voices of the Golden Insight Award Jury | Kathy Lien, Co-Founder of BKTraders & PropTraderEdge.com

WikiFX Golden Insight Award uniting industry forces to build a safe and healthy forex ecosystem, driving industry innovation and sustainable development, launches a new feature series — “Voices of the Golden Insight Awards Jury.” Through in-depth conversations with distinguished judges, this series explores the evolving landscape of the forex industry and the shared mission to promote innovation, ethics, and sustainability.

Original 2026-01-28 10:37

Cabana Capital Review: Traders Report Withdrawal Issues & Account Blocks

Cabana Capital, a Saint Vincent and the Grenadines-based forex broker, has grabbed headlines for negative reasons. These include numerous complaints traders have made over withdrawal denials/delays and account blocks upon repeated attempts to contact the broker. These alleged trading activities have inevitably frustrated traders who have rightly criticized the broker online. In this Cabana Capital review article, we have mentioned a growing list of complaints against the forex broker. Keep reading!

Original 2026-01-27 21:35

GLOBAL GOLD & CURRENCY CORPORATION Exposure: User Complaints on Heavy Slippage & Spreads

Did you face massive slippage on the GLOBAL GOLD & CURRENCY CORPORATION trading platform and the subsequent reduction in profits? Did the broker apply a stop-loss when you were in profit? Does the high spread only add to your trading losses? Has the broker blocked your trading account and run away with your funds? You are not alone! Many traders have highlighted their painful trading experiences with the Saint Lucia-based forex broker. In this GLOBAL GOLD & CURRENCY CORPORATION review article, we have explained some of them. Read on!

Original 2026-01-27 20:32

WikiFX Express

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