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Forbschain foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.forbschain.com/account/register, about the company's legal and temporary regulatory information, the company's address 42 AVENUE JF KENNEDY, L-1855 LUXEMBOURG.

Forbschain Forex Broker

Basic Information

Registered Region
Luxembourg
Operating Period
--
Company Name
Forbschain
Abbreviation
Forbschain
Company employee
--
Customer Service Email Address
support@forbeschain.com
Contact Number
+442045772916
Company address
42 AVENUE JF KENNEDY, L-1855 LUXEMBOURG
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

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.

Is Forbschain safe or scam

Rating Index

PLATINIUM

Minimum Deposit
50000$

GOLD

Minimum Deposit
5000$
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Latest Reviews

高山流水32173

高山流水32173

Australia

The Forbschain website is unavailable. I am very confused and disappointed by this as I was a customer of theirs and now cannot log into the website to view my account information. I advise others to think carefully when choosing a foreign exchange company, make sure they have a reliable regulatory license and a good reputation.

Positive

2023-03-20

平安个贷-小王(成都)

平安个贷-小王(成都)

Taiwan

Still no response regarding getting my funds out. The email address is just bouncing back the emails. The guys constantly corresponded via WhatsApp, but again no response there. Absolute rip-off avoids at all costs.

37130

2023-03-09

Forbschain

20642

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.

Forbschain Forex Broker has an overall rating of 1.44, Regulatory Index 0.00, License Index 0.00, Business Index 6.45, Software Index 4.00 Risk Control Index 0.00.
Forbschain