BrainsPlan Scam Warning: Boiler Room Forex Calls

BrainsPlan is an operation that presents itself as an online broker offering derivatives and forex trading, but reaches investors by unsolicited phone calls and tries to get them to open accounts. The Dutch financial markets authority, the AFM, listed the platform in June 2026 as a suspected "boiler room" type online investment fraud.

🚩 How Does the Boiler Room Scheme Work?

A "boiler room" is an operation in which sales agents call the same person again and again and press them into investing. In such schemes, after a first small payment a rapidly growing balance is shown on the dashboard; when the person wants to withdraw profit, new payments are demanded under names such as "level upgrade", "collateral" or "tax".

🔍 Details Identified About BrainsPlan

The addresses used by the scheme are brainsplan.com and its trading dashboard webtrader.brainsplan.com; the email address [email protected] is used for contact. Both domains were registered on the same day, 18 September 2025, and hidden behind Cloudflare. The website shows no company name, address or regulator details.

The platform does not appear in the SPK list of authorised intermediary institutions. SPK Decision No. 8/297 of 24.02.2017 describes intermediation in overseas leveraged trading for persons resident in Türkiye as unauthorised activity.

🔗 Other Platforms Using the Same Method

Schemes steered by telephone that show a balance on their own dashboard appeared before BrainsPlan as well. We have covered some cases showing the same scheme earlier:

🧭 The Legal Process for Victims

1. First, the path an investment fraud victim follows is clarified.
2. Following the trail of the money transfers, the criminal complaint process is started.
3. For amounts sent abroad, routes for getting money back are assessed.

For detailed information and legal support, you can contact Savun Law & Consultancy.

❓ Frequently Asked Questions