Global Broker Regulation Inquiry App
About WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Forbschain

Luxembourg Luxembourg | 2-5 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://www.forbschain.com/

Website

Rating Index

Contact

+44 2045772916
https://www.forbschain.com/
42 AVENUE JF KENNEDY, L-1855 LUXEMBOURG

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Luxembourg
Operating Period
2-5 years
Company Name
Forbschain
Email
support@forbeschain.com
Contact Number
+442045772916
Account Info
Verified Site
About Us
Disclosure
News
Wiki Q&A
Comment

Users who viewed Forbschain also viewed..

XM

XM

9.10
Score
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
XM
XM
Score
9.10
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
PUPRIME

PUPRIME

8.53
Score
ECN Account5-10 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
PUPRIME
PUPRIME
Score
8.53
ECN Account5-10 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
IC Markets Global

IC Markets Global

8.90
Score
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
IC Markets Global
IC Markets Global
Score
8.90
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
VT Markets

VT Markets

8.68
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
VT Markets
VT Markets
Score
8.68
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website

Verified Site

  • forbschain.com
    104.21.12.125
    Server Location
    --
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Company Profile

Company Profile

Review summary

General Information

Forbschain is a broker based in Luxembourg, engaging in providing clients with a variety of financial products and services.

Market Instruments

Forbschain offers investors a range of financial instruments including forex currency pairs, indices, stocks, commodities and cryptocurrencies.

Accounts & Leverage

There are three kinds of account types for investors to choose from at Forbschain:

  • Silver: minimum deposit of 250$, maximum leverage up to 1:30

  • Gold: minimum deposit of 5000$, maximum leverage up to 1:30

  • Platinum: minimum deposit of 50000$, maximum leverage up to 1:5

Spreads & Commissions

The spreads start from 0.1 pips on the Platinum account, from 1.5 pips on Gold and from 1.3 pips on Silver. No commission is charged.

Trading Platform Available

Forbschain offers a proprietary Web trader, recommended to use on Google Chrome. It has different strategies and analyses, yet the broker says nothing about the number of charts and indicators.

Deposit & Withdrawal

Forbschain accepts electronic payments, credit cards and bank wires as deposit and withdrawal options. A levy of 10% of the withdrawal amount will be charged to any withdrawal from an account that has not executed more than 200 in turnover.

Accepted Countries

US traders are not accepted by Forbschain.

Customer Support

If clients have any questions or concerns, please call 442045772916 or email support@forbeschain.com for consultation.

Company Profile

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

News

WIKIFX REPORT: Trading platform forbschain.com: BaFin investigates Forbschain

News WIKIFX REPORT: Trading platform forbschain.com: BaFin investigates Forbschain

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.

WIKIFX REPORT: Urgent Warning against BitMegaChain, ForbsChain, Blokchains, and their scam network!

News WIKIFX REPORT: Urgent Warning against BitMegaChain, ForbsChain, Blokchains, and their scam network!

What a name. A “MegaChain” sounds promising, but consumers should have learned by now that “mega” is a scary term that is usually used to promote the worst companies, products, and services.

Wiki Q&A

Is Forbschain safe and reliable?

According to the WikiFX assessment, Forbschain exhibits a high-risk profile. The platform holds an extremely low overall score of 1.49 and operates without any valid financial regulatory licenses. This lack of formal oversight from recognized authorities creates a significant risk for traders, as there is no external protection for client funds. Public user feedback also indicates operational issues, further eroding confidence in its reliability.

Three days ago
United States

Is Forbschain regulated?

No, Forbschain is not regulated. The WikiFX data shows that the broker currently holds no valid or authoritative licenses for offering forex and CFD trading services. It operates without formal oversight from any recognized financial regulatory authority. Trading with an unregulated entity means client funds are not protected under standard compensation schemes.

Three days ago
United States

What is the minimum deposit of Forbschain?

The minimum deposit requirement at Forbschain varies by account type. The SILVER account, designed for entry-level traders, has a minimum deposit of $250. The GOLD account requires a $5,000 deposit, while the high-tier PLATINIUM account demands a significant entry capital of $50,000.

Three days ago
United States

Does Forbschain support MT4 or MT5?

Information regarding the specific trading platforms supported by Forbschain, such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5), is not publicly disclosed.

Three days ago
United States
View More
Write a Review
2
Customer ServiceDownload AppScroll to TopTOP

Chrome

Chrome Extension

Global Forex Broker Regulation Query

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com