简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
WIKIFX REPORT: Trading platform forbschain.com: BaFin investigates Forbschain
Abstract：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.
The information provided on the website operated by Forbschain, forbschain.com, and the information and documents available to BaFin give reasonable grounds to suspect that the company is conducting banking business/providing financial services in the Federal Republic of Germany without the required authorisation.
Under the KWG, authorisation is required in order to conduct banking business or provide financial services in Germany. However, some companies operate without the necessary authorisation. Information on whether a particular company has been authorised by BaFin can be found in BaFins database of companies.
BaFin, the German Federal Criminal Police Office (Bundeskriminalamt – BKA) and the German state criminal police offices (Landeskriminalämter) recommend that consumers seeking to invest money online should exercise the utmost caution and do the necessary research beforehand in order to identify fraud attempts at an early stage.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
The Daily Habits of a Profitable Trader
Every professional trader follows a structured approach to ensure they are well-prepared, disciplined, and able to seize opportunities with confidence. Whether you are a seasoned investor or an aspiring trader, adhering to a robust daily checklist can significantly enhance your performance. Use this checklist to check if you are a qualified trader
How a Housewife Lost RM288,235 in a Facebook Investment Scam
A 47-year-old housewife in Malaysia recently fell victim to an online investment scam, losing a substantial sum of RM288,235 after engaging with a fraudulent scheme advertised on Facebook.
A Trader’s Worst Mistake: Overlooking Broker Reviews Could Cost You Everything
In today’s digital age, reviews influence nearly every decision we make. When purchasing a smartphone, television, or home appliance, we pore over customer feedback and expert opinions to ensure we’re making the right choice. So why is it that, when it comes to choosing an online broker where real money and financial security are at stake many traders neglect the crucial step of reading reviews?
Interactive Brokers Launches Forecast Contracts in Canada for Market Predictions
Interactive Brokers introduces Forecast Contracts in Canada, enabling investors to trade on economic, political, and climate outcomes. Manage risk with ease.
WikiFX Broker
Latest News
The Withdrawal Trap: How Scam Brokers Lure Victims into Paying More
WikiFXFCA to Investors: Think Twice Before Trusting These Brokers
WikiFXTrump\s tariffs: How could they affect the UK and your money
WikiFXTrump gambles it all on global tariffs he\s wanted for decades
WikiFXTradingView Brings Live Market Charts to Telegram Users with New Mini App
WikiFXTrump tariffs: How will India navigate a world on the brink of a trade war？
WikiFXInteractive Brokers Launches Forecast Contracts in Canada for Market Predictions
WikiFXAuthorities Alert: MAS Impersonation Scam Hits Singapore
WikiFXStocks fall again as Trump tariff jitters continue
WikiFXIG Group Acquires Freetrade for £160M to Expand UK Investment Market
WikiFXCurrency Calculator
