✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
➡️ In this section we will analyze Forbschain (also called with the name: forbschain.com), is a broker of Forex , Cryptocurrencies y CFDs. Is Forbschain really recommended to make an investment? Or is it better not to invest with this company? ⛔ Is it a safe broker? Is a gotcha? We will help you determine it. ✅
Now, you can find the following: opinions about Forbschain ✅, claims, complaints 😡, experiences 📝, analysis 📊 of the most important characteristics of this company (updated 2022), and the most important: Is Forbschain ⚠️ a secure site? ⛔ Can we trust this company? ✅ Will we be able to withdraw our money? All this and more in this review about this investment company.
️️ Essential information: Who does it belong to? Where is located? Is it a regulated broker?
❌ Forbschain mentions being part of: no information on this.
❌ Regarding your location, the company is based in Luxembourg according to the website, but there is no valid information to corroborate this, we believe that it is a false information.
❌ If we analyze your fullfilment of security requirements, we observe that Forbschain does not have any type of regulation.
⚠ ATTENTION: Forbschain is a broker NOT REGULATED. ⚠
📌 Remember: the best option (and the safest) are the regulated brokers, since they must meet very strict requirements. Working with an unregulated broker is very risky. 📌
Account types | Investment platform
Now we go on to analyze the types of account it offers Forbschain, in this case, we observe that it offers 2 different account types:
Executive Account: minimum initial deposit $5, spread from 1.4 pips, leverage up to 1: 400, minimum lot 0.01, fifth decimal place.
Premiere Account: minimum initial deposit $100, spread from 0 pips, leverage up to 1: 400, minimum lot 0.01, fifth decimal place.
La platform to operate that Forbschain offers is: platform Forbschain Web trader.
Resources | Website
Here we will examine the different resources and aids for the trader that Forbschain provides on its website. We believe that the resources and help provided on the website can be a great point in favor of the broker.
Forbschain provides the following aids or resources to traders or interested parties: a brief explanation about the services it offers, market news and analysis, frequently asked questions, not much more.
ℹ Another insights about Forbschain ℹ
???? We will leave you something more than insights in case you want to contact the company, or see its website for yourself. ????
🌏 Website: forbschain.com
📞 Telephone number: + 442045772916
📧 Email: [email protected]
Maybe you wonder why we reviewed Forbschain. We make this review and assessment, because we receive different messages and comments asking for the reliability of the company in question. We like to think that our reviews page help investors, providing key information about the company, we disclose information that every investor should know before you are inclined or not, by investing with a company of investment.
You're a representative of this company? We recommend you leave a comment responding to customer concerns.
⚠ Valuation on Forbschain ⚠
Ending with this section, in our opinion: Do we believe that the Forbschain company is reliable? Should you invest your money with the company? Are they a recommended company? ⭐ Analysis of 2022 ⭐
❌ After you have examined it, we recommend be cautious, since it is a illegal company, clearly stated for taking money from people through deception and cheating. It is very little transparent, well it does not offer legal information, do not show data about your registration and further lacks regulation (unregulated company). ❌
⛔ ATTENTION ⛔: in december 2021 CSSF added to Forbschain to your list fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to CSSF's December 2021 warning ⚠️
⛔ ATTENTION ⛔: in December 2021 BaFin (Germany) added to Forbschain to your list fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to BaFin's December 2021 warning ⚠️
(I.e. A pocas palabras: It doesn't seem like a good idea, we suggest using caution. (I.e.
Our advice: we always recommend working only with duly regulated companies, Isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest? Why invest with an unregulated or poorly regulated broker, when you can invest with a broker regulated by a serious regulator?
📌 Don't forget: one of the few measures that assure customers' money is the broker regulationIn other words, it is probably the most important feature of any broker; HAVE GOOD REGULATION. Good regulation means that there is a authority to which, in case of misunderstandings or problems, customers can file a complaint. 📌
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, too leave a comment on our website with your experience with this broker.
🔻🔻 We leave a vote open so that traders, clients and broker users can vote. 🔻🔻
[democracy id = ”3047 ″]
This company will not let you withdraw. I assure you, I'm still trying to withdraw and I can't, don't do it, you'll thank me later. Greetings.
Hi Felipe, thanks for writing about Forbschain. Currently this broker is considered a SCAM.
If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.
If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY
Greetings.