Abstract:Forbschain is a broker based in Luxembourg, engaging in providing clients with a variety of financial products and services.
General Information
Forbschain is a broker based in Luxembourg, engaging in providing clients with a variety of financial products and services.
Market Instruments
Forbschain offers investors a range of financial instruments including forex currency pairs, indices, stocks, commodities and cryptocurrencies.
Accounts & Leverage
There are three kinds of account types for investors to choose from at Forbschain:
Silver: minimum deposit of 250$, maximum leverage up to 1:30
Gold: minimum deposit of 5000$, maximum leverage up to 1:30
Platinum: minimum deposit of 50000$, maximum leverage up to 1:5
Spreads & Commissions
The spreads start from 0.1 pips on the Platinum account, from 1.5 pips on Gold and from 1.3 pips on Silver. No commission is charged.
Trading Platform Available
Forbschain offers a proprietary Web trader, recommended to use on Google Chrome. It has different strategies and analyses, yet the broker says nothing about the number of charts and indicators.
Deposit & Withdrawal
Forbschain accepts electronic payments, credit cards and bank wires as deposit and withdrawal options. A levy of 10% of the withdrawal amount will be charged to any withdrawal from an account that has not executed more than 200 in turnover.
Accepted Countries
US traders are not accepted by Forbschain.
Customer Support
If clients have any questions or concerns, please call 442045772916 or email support@forbeschain.com for consultation.

The moment the SQUARED FINANCIAL review column opens, a pattern of disturbing complaints appears, demonstrating massive user frustration over alleged withdrawal denials for months, fund disappearance from the platform, frequent login issues and more. These may be user allegations, but the lack of response from the broker side on many such reviews causes some doubt over this Seychelles-based brokerage firm. This article thus aims to provide an insight into the growing user resentment considering the nature of their complaints found until June 2026. Additionally, we will share the broker’s offerings and regulatory framework, allowing you to figure it out better.

Yes, it’s true! The Government of India decided to ban Telegram in the country on June 16, 2026, surprising many who rely on this platform for daily trading alerts & advisories. The ban has taken effect under Section 69A of the IT Act as part of the government’s plan to stop fraud during the NEET-UG re-examination. According to reports, fraudulent rackets were selling fake question papers for amounts ranging from INR 5,000 to 50,000. But the ban, which will be effective until June 22, 2026, affects far more than students. It transcended from a messaging blockout to a sudden disengagement from the app that shaped many traders’ daily routine over time. Out of the 15 crore plus unique registered investors in India, a large chunk sought trading tips, market news, along with buy and sell signals on Telegram. It must have taken investors by surprise. But is the ban detrimental to traders, or is there something more than meets the eye?

As we look to sum up iFOREX Europe and check user comments, they all read virtually the same issue, year after year - fund withdrawal issues. While some users never received withdrawal access from the broker, others received it for some time before the trading enterprise suspended their trading account, leaving their funds allegedly trapped on the platform. In this iFOREX EUROPE review, we take a close look at reported fund scam allegations against the brokerage first. Additionally, we will elaborate on the broker’s product & services and its regulatory framework.

The rupee, which has been falling against major global currencies, including the US dollar, is finally back on the path to recovery. As per the initial trade, the rupee touched a six-week high of 94.43 against the USD on June 17, 2026, tracking a plunge in crude oil prices following the interim peace deal agreed upon between the United States of America and Iran. Brent crude oil price slipped to around $78 per barrel, which has not been the case for three straight months following the war. The surging crude oil prices further caused pressure on the rupee, which was already falling apart.