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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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Related broker

No Regulation
Forbschain
Company name:Forbschain
Score
1.49
Website:https://www.forbschain.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.49

Read more

GULF BROKERS Review: Allegations of Fund Losses & High Swap Charges

Have you traded on wrong advice from GULF BROKERS, an Australia-based forex broker, and suffered losses? Were you made to pay illegitimate swap charges and taxes? Have you faced unfair brokerage charges? Many traders have expressed reservations over these alleged trading issues on broker review platforms such as WikiFX. In this GULF BROKERS review article, we have examined all these allegations. Let’s start investigating!

Original 2026-04-08 21:04

BDSWISS Regulatory Status: A Complete Guide to Its Licenses and Company Registration

When smart traders look at a new broker, the first and most important question is always about regulation. Before investing, understanding a broker's legal status and what protections they offer is absolutely essential. BDSWISS says it is a regulated trading partner globally. However, when we look closely at its regulatory setup, company structure and real-world track record, we find a big and worrying gap. The reality is much more complicated and concerning than what its marketing shows. This investigation will break down the key areas that every potential client needs to understand: its main offshore license, a history of serious regulatory warnings, a confusing company structure, and a huge number of user complaints that show a major problem. This analysis is designed to confirm your concerns and give you the evidence needed to avoid a potentially expensive mistake.

Original 2026-04-08 18:10

TenX Prime Review: Investor Complaints and Regulatory Questions

This TenX Prime review examines the broker through the lens of regulatory status and user complaints recorded on WikiFX.

Original 2026-04-08 17:42

Exclusive Markets Exposed: Low Ratings, Missing Offices, and Investor Warnings Raise Red Flags

This Exclusive Markets review provides a detailed analysis of the broker’s regulatory framework, licensing structure, WikiScore rating, and user feedback based on information available on WikiFX.

Original 2026-04-08 17:00

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