✔️ Information reviewed and updated in April 2024 by Pedro Martínez González

Comments on Forbslab

In this section we will analyze the broker Forbslab (also called forbslab.com), is a Forex and CFD broker. Is Forbslab 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.

You might be wondering why we did a review on Forbslab. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.

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We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.

Essential information: Who does it belong to? Where is located? Is it a regulated broker?

The broker mentions being part of: Kayescent Corp. and Walsh Invest & Trade Ltd.

As to its location, the broker mentions being based in: British Virgin Islands and Luxembourg. 

If we analyze the regulation of the broker: Forbslab does not mention anything about being a regulated broker, which makes us think that it is an unregulated broker. 

If now we go on to analyze account types offered by Forbslab, we noticed that they offer 4 different types of account / plans: the Basic Account, the Advanced Account, the Expert Account and the VIP Account. We leave an image with a little information about each type of account.

Basic Account: basic training, personal account manager, expert advisor, fixed spreads, customer support 24 hours 5 days a week, leverage up to 1: 100, coverage, negative balance protection, 1 free withdrawal per month, access resources, 10% monthly service fee, access resources.

Advanced Account: advanced training, personal account manager, expert advisor, floating spreads, customer support 24 hours 5 days a week, leverage up to 1: 100, hedging, negative balance protection, 2 free withdrawals per month, access resources, 4% monthly service fee, access resources, webinars.

Expert Account: Expert Training, Experienced Consultant, Expert Advisor, Floating Spreads, 24/5 Customer Support, Up to 1: 200 Leverage, Hedging, Negative Balance Protection, 2 Free Withdrawal per Month, Access Resources, 2% monthly service fee, access resources, webinars.

VIP account: personalized training, personal trainer, expert advisor, floating spreads, 24/5 customer support, leverage up to 1: 400, hedging, negative balance protection, unlimited free withdrawals per month, access resources, 1% monthly service fee, access resources, webinars, daily market alerts, personal bonus policy, personal trading conditions.

Forbslab account types
Forbslab account types

In the following image you can have more information about the types of account. Click here to see the image in full size.

Las platforms to operate that Forbslab offers are: we believe that Forbslab's own platform.

We will now analyze the different resources and aids for traders that Forbslab provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.

Forbslab website
Forbslab website

Forbslab provides the following aids or resources to traders or stakeholders: English glossary, some live charts, FAQ section, not much more than this.

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Other information about Forbslab

Some more information in case you want to contact the company, or see its website for yourself.

Website: forbslab.com/es

Telephone: +49 21 124092007 (Germany), +352 28 48 08 94 (Luxembourg) and +44 20 3936 8619 (United Kingdom)

Email: [email protected] y [email protected]

>>> Feedback on Forbslab <<

Ending with this section, in our opinion Do we believe that the company Forbslab is trustworthy? Should you invest your money with the company?

The truth is that, we believe that it is better to be careful because: it is an unregulated broker, it is based in unsafe countries (British Virgin Islands), we believe that its base in Luxembourg is false, since if it were real they should have the regulation by the Luxembourg regulator, and they don't have it, so they apparently lie about their real basis. In addition to this, looking for other reviews about Forbslab we have found negative reviews and clients with problems to withdraw capital. We suggest using caution. 

We always recommend working only with properly 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?

January 2020 update: the CNMV, the Spanish financial regulator, has issued a warning against Forblsab

You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.

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, you can also leave a comment on our website with your experience if you are a client of the broker.

We leave a vote open so that traders, clients and users of the broker can vote.

[democracy id = ”298 ″]
About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

23 comments on «Forbslab: Rating and comments»

  1. Fermin Reply

    Good morning, thank you for your information. I will tell you about my case: I have been waiting for several weeks (already like two months or more) for my withdrawal and they simply do not give an answer or progress ... Supposedly the withdrawal should have been made as I said, weeks ago but they no longer give news of the process nor do they bother to reply to my messages.

    It makes me suspect that they are ripping me off. I would like you to advise me on what I can do to be able to withdraw my money.

    Thanks and regards

    • Recommended Brokers Reply

      Hello Fermin, thank you for sharing your experience with Forbslab, normally the only option for them to pay you is to sell them the idea that you want to invest as € 85.000 and that you want to see how effective and fast the return is before contributing more capital and if They believe you, they may send you your capital, if not, they will keep it. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.
      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      regards

  2. Antonio Mora Ayora Reply

    A lesson in life. I invested when reading an interview that, in theory, appeared in EL MUNDO. And all for the desire to get money to make a dream come true. But the minute after doing the operation with my credit card I realized that everything was a fraud because I looked at the URL of the page where the interview that convinced me appeared and IT WAS NOT FROM THE NEWSPAPER but a URL to which the fake interview.
    But I decided to try to recover the investment. It was 500 euros. The first thing I did was cancel the card from where I had made the deposit to avoid new charges. My agent was the nice MATIAS that I have read about already ... he wanted to convince me to invest 10.000 and I told him that I would invest 5.000 as soon as I recovered the 500 since my wife was whipping me and I wanted to show him how the business was very real ... the truth is that the hesitation lasted a whole month in which my account "earned a lot" and I even asked him to go to Luxembourg for a weekend to eat with him since he had 50.000 euros that he could invest in FORBSLAB ... everything was hesitant and I I was cursing for not having realized the scam until the minute after the investment ... as I said, I continued for a month and with my promise to invest 5.000 at the time I received my initial investment, I got them to make a transfer to an account that they Say, the transfer came I think from UKRAINE, I celebrated that day because I had managed to fool a professional scammer. The truth is that we had come to have great confidence and since MATIAS asked me many things I invented a character ... jjjj I still laugh at those conversations in which the scammer swallowed all my lies ... but as I say in the end I got my 500 euros ... and when he called I told him that since the account had 1.100 euros "in theory", before entering the 5.000 he would send me another 600 to prove to my wife that in reality I had not only recovered my investment but that I had also earned 600 euros ... or It has to be said that at that moment MATIAS realized that he had no intention of investing a single euro more ... and that is how the story ended. Since that day I have tried to report this scam on my website elportaluco .com / bitcoin.una.consntida.al.uncovered /. I've been chasing these ads on facebook and google denouncing them a thousand times and now it seems that they are no longer operational ... they will be preparing another type of scam or they will be in jail, the truth is that that month that my relationship lasted, our conversations were very funny and now I am happy to verify that my suspicions were true

    • Recommended Brokers Reply

      Hello Antonio, thank you for contributing your comments about Forbslab and preventing future deception or scams, your way of acting has been correct, usually they are the ones who try to convince and manipulate you to send more money in the hope of obtaining great benefits, you You have turned it around by offering a great investment if he received the capital back and you have convinced him for the same, because of the expectations that he had of obtaining a large commission with your investment, you have been very smart and you have achieved your goal, I am glad thus.

      On the other hand, if you have more information about the broker or if you know where its real headquarters are, from where the calls are made, it will help a lot in reporting this supposed broker.

      Greetings and good luck!

  3. Paloma Reply

    It has happened to me exactly the same. They assigned me an advisor, Santiago Lopez, who called me almost daily. At first all very well and very friendly until the calls stopped. I wrote to his email and they returned it to me as invalid email. I can't even access my account anymore. Even when you click Forbslab.com I get the message "this page cannot be found." White-collar scammers, as Jacinta said.

    • Recommended Brokers Reply

      Hello Paloma, thank you for providing your comments about Forbslab and preventing future deceptions or scams, as you can see on our website we give you the option of being able to recover all or part of the money with a company that specializes in it and that has proven to be very effective. :
      https://brokersrecomendados.com/reclama-tu-dinero-te-ayudamos/

      On the other hand, if you have more information about the broker or if you know where its real headquarters are, from where the calls are made, it will help a lot in reporting this supposed broker.

      Greetings and good luck!

  4. M.Carmen Reply

    Good morning, I am a Forbslab customer. At first they called you daily. Now I try to get in touch with them, and I can't. I have tried to make withdrawals, but it is impossible. I have access to my account, but I cannot operate with it.
    Could you give me a solution?

    • Recommended Brokers Reply

      Hello M. Carmen, thank you for sharing your experience with Forbslab. If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of people who contacted you, numbers, emails from which they have contacted you? Try calling them from a new number.

      regards

  5. Jacinta Reply

    Hello,
    I think this looks like the wailing wall and is going nowhere. I think what we should do is agree and report them to the police so that other dupes are not scammed. We should organize a group and make decisions about it. I believe that united we can be stronger.
    If someone has an idea to make a group to present it.

    • Recommended Brokers Reply

      Hi Jacinta, thank you for sharing your experience with Forbslab. If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have numbers, contact names, emails? Regarding doing something, the big problem with Forbslab is that it is an unregulated company, perhaps it is a good idea to contact a lawyer who specializes in these problems, or if you tell us where you are from, we will tell you which financial regulator to contact.

      regards

  6. Jacinta Reply

    Forbslab are scammers, first they are all attentions, then they do nefarious operations that even a beginner would not do to wipe out all your capital and disappear. Unod white-collar thieves

    • Recommended Brokers Reply

      Hi Jacinta, thank you for sharing your experience with Forbslab. If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have numbers, contact names, emails?

      regards

      • Jacinta

        The advisor they assigned me was Marias Fernandez, surely a made-up name, her email [email protected]. The customer support is [email protected].
        I filed a complaint and they replied that they would contact me assigning me an account manager to give me information about the platform and a professional trading guide, but in no case do they mention the return of the scammed money.
        I have already sent them several emails, they always answer, but nobody shows their face.

      • Recommended Brokers

        Hi Jacinta, thank you for sharing your experience with Forbslab. If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

        Do you have numbers, contact names, emails? What exactly do they tell you when you tell them about the retreat?

        regards

      • Jacinta

        Hello,
        I think this looks like the wailing wall. What we should do is unite to report them to the police so that these criminal acts are not repeated. If someone comes up with a way to organize a group to expose it

      • Recommended Brokers

        Hello Jacinta, thank you for your comments about Forbslab, we have responded to your other message.

        regards

  7. klaus Reply

    Ha, auch ich bin auf die Werbung bei Facebook (Höhle der Löwen) bei FORBSLAB mit 250 € reingefallen. Alles großer Betrug, müsste man ja wissen das es solche Gewinne nicht gibt (aber Gier schaltet Hirn aus) Ist eine Anzeige wegen Betrug sinnvoll und was kann man damit bezwecken / erreichen, wer hat damit Erfahrung und kanben vieorge man Tipps george besten am wieorge man Tipps . Kohle ist leider nun mal weg, sollte man eher darüber nachdenken, oder was noch besser ist auf die Frau hören.
    Nachdem ich eine Auszahlung beantragt hatte ist natürlich nichts passiert, die Grösste Frechheit bestand darin das man mir per E-Mail mitteilte das ich über meinen Gewinn von € 35.000 ab Februar 2020 verfügen könnte, wenn ichieren jetztde € 8.000.

    • Recommended Brokers Reply

      Klaus: “Yes, I fell for a Facebook ad (Cave of the Lions) on FORBSLAB with € 250. Every great fraud, one should know that the profits they offer do not exist (but greed turns off the brain). It is a fraud advertisement and what can be used to achieve / achieve, who has experience and can give other advice on how to proceed in the best way, Unfortunately, the coal is gone, you should rather think about it, or what is even better to hear to the woman.

      Of course after requesting a withdrawal, nothing happened, the biggest impudence was that I was informed by email that I could get my € 35,000 earnings from February 2020, if I now invest € 8,000. "

    • Recommended Brokers Reply

      Hi Klaus, thank you for sharing your experience with Forbslab. If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have numbers, contact names, emails? It's really sad what you mention.

      regards

  8. Ricardo Marín Reply

    I invested some money through them and when I went to withdraw some of the money, I could no longer contact them. What's more, I no longer have access to my account, I can't enter it or see what happens to my money.

    • Recommended Brokers Reply

      Hi Riacrdo, thank you for sharing your experience with Forbslab, do you remember how you came to find them in the first place? If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have numbers, contact names, emails?

      regards

  9. Juan Antonio Reply

    After many attempts they managed to convince me to invest, at first very good attention from the agent they assigned me, but that has changed as time has passed and my current situation is that I need to contact them and I can't find the way to do it nor know how I can close my account and recover part of the investment.

    • Recommended Brokers Reply

      Hi Juan, thanks for sharing your experience with Forbslab, do you remember how you came to find them in the first place? If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have numbers, contact names, emails? Have you tried to contact them from another number or email?

      regards

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