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Brain Wave Fortune

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Operating status: SCAM

Website: https://brainwavefortune.com/

Broker violations and abnormal records
  • 2025-03-23 BaFin issues a warning against Brain Wave Fortune

    On March 24, 2025, the Federal Financial Supervisory Authority (BaFin) issued a warning against Brain Wave Fortune for the lack of the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2025/meldung_2025_03_21_Orizon_LLC_en.html;jsessionid=BAE1A65B84D51C74A1510D97324C1AF4.internet971

    On March 24, 2025, the Federal Financial Supervisory Authority (BaFin) issued a warning against Brain Wave Fortune for the lack of the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2025/meldung_2025_03_21_Orizon_LLC_en.html;jsessionid=BAE1A65B84D51C74A1510D97324C1AF4.internet971
  • 2025-03-25 BrokersView has reviewed that Brain Wave Fortune is an unregulated broker

    Brain Wave Fortune seems to have emerged recently, as its domain name was just registered in December 2024. The website doens't disclose useful information to substantiate its legitimacy and regulatory compliance. The Federal Financial Supervisory Authority (BaFin) has issued a warning about Brain Wave Fortune for the lack of the required authorization.

    In essence, Brain Wave Fortune is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.  Brain Wave Fortune appears to be a scam. 

    Brain Wave Fortune seems to have emerged recently, as its domain name was just registered in December 2024. The website doens't disclose useful information to substantiate its legitimacy and regulatory compliance. The Federal Financial Supervisory Authority (BaFin) has issued a warning about Brain Wave Fortune for the lack of the required authorization. In essence, Brain Wave Fortune is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Brain Wave Fortune appears to be a scam.

Related Complaints

Q&A

Hello, check this out Brain Wave Fortune.

Anubavsheik
Malaysia
2025-03-27
ANSWER Dear Investor, Brain Wave Fortune raises significant concerns regarding its trustworthiness as a trading platform. We strongly advise against trading with it. The entity appears to be a recent entrant, with its domain name registered only in December 2024. This recent establishment, coupled with the lack of transparent or credible information on its website to verify its legitimacy or regulatory compliance, is a major cause for skepticism. Additionally, the Federal Financial Supervisory Authority (BaFin) has issued a formal warning against Brain Wave Fortune, explicitly pointing out that the platform lacks the required authorization to operate. With these red flags in mind, Brain Wave Fortune exhibits traits consistent with scam operations. Stay away from this unauthorized entity to protect your investments.
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