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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
support@forbeschain.com
https://www.forbschain.com/
42 AVENUE JF KENNEDY, L-1855 LUXEMBOURG
Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
  • It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Luxembourg Luxembourg
Operating Period
2-5 years
Company Name
Forbschain
Customer Service Email Address
support@forbeschain.com
Contact Number
+442045772916
Account
Website
Company Summary
Disclosure
News
Comment

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Official website

Website

  • forbschain.com
    104.21.12.125
    Server Location
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    ICP registration
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Company 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.

Keywords

  • 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.

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