WikiFX

Sagot

Having reviewed SCB in depth, my foremost concern stems from its regulatory standing. Although SCB was established in 2006 and has built a global reputation for its focus on sustainability and environmental commodities, its regulatory status is currently highly questionable. Key licenses from recognized authorities like the FCA (UK) have been revoked, and the NFA registration in the United States is listed as “exceeded,” making it very clear that SCB is not in good standing with those major regulators. For me as a trader, the absence of valid licenses raises significant red flags, especially with respect to fund security, dispute resolution, and the integrity of trading operations. Additionally, SCB does not seem to provide general investment or retail forex brokerage services, which is important if you are looking for typical forex trading conditions and client protections. Even the available user feedback mentions issues with customer service, such as slow or unhelpful responses. Low transparency in fee structures is another practical concern. Given these factors, I believe anyone considering SCB should be extremely cautious—not only because of the potential for regulatory issues, but also due to the lack of conventional retail trading support and clear consumer protections. For my own trading accounts and capital, I would require much higher regulatory clarity and direct evidence of customer protection before taking any further steps.