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Forbestrader

Operating status: SCAM

Website: https://www.forbestrader.com/

Broker violations and abnormal records
  • Oct 30, 2022 The Swiss FINMA Added Forbestrader into Its Warning

    On 31 Oct 2022, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning that Forbestrader was not entered in commercial register. You may visit: https://www.finma.ch/en/finma-public/warning-list/forbestrader/


    On 31 Oct 2022, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning that Forbestrader was not entered in commercial register. You may visit: https://www.finma.ch/en/finma-public/warning-list/forbestrader/
  • Oct 31, 2022 BrokersView has Reviewed that Forbestrader is an Unregulated Forex Broker

    Forbestrader claims to be a reliable broker without presenting its regulation or any other information that can be used to trace it, such as address and phone number. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. 

    Moreover, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning that Forbestrader was not entered in commercial register.

    The truth is that Forbestrader is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.


    Forbestrader claims to be a reliable broker without presenting its regulation or any other information that can be used to trace it, such as address and phone number. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. Moreover, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning that Forbestrader was not entered in commercial register.The truth is that Forbestrader is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

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