Forbes Capital claims to be founded by forex and information security industry veterans with over 10 years of experience while presenting neither details about its company office address and regulations, nor legal documents (terms & conditions, risk disclosure, privacy policy, etc.). Lacking such vital information is a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. The truth is, Forbes Capital is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. Therefore, it is a scam.

In 2022, the Securities Commission Malaysia (SC) issued a warning against Forbes Capital that this firm is carrying on unlicensed capital market activities of dealing in securities. You may visit: https://www.sc.com.my/regulation/enforcement/investor-alerts/sc-investor-alerts/investor-alert-list