SCB Forex Broker

SCB Review SummaryFounded2006Registered Country/RegionUnited StatesRegulationFCA/NFA (Exceeded)Products and ServicesLow-carbon commodities, carbon-neutral solutions, environmental productsCustomer SupportTel: +41 22 365 5300SCB Information SCB, which started in the US in 2006, focuses on carbon-neutral products and environmental markets. It has a strong mission for sustainability, but its regulatory permits have been withdrawn or have run out, which makes people worry about its regulatory status.Pros and ConsProsConsStrong focus on sustainability and low-carbon marketsNo valid regulatory licensesRecognized as a B Corporation and ISO certifiedLimited information on feesGlobal reputation in environmental product marketsIs SCB Legit? SCB used to have licenses from the FCA (UK) that have now been taken away and a license from the NFA (US) that has been flagged as expired, which means it is no longer in good standing with the regulators.Regulatory AuthorityCountryLicensed EntityLicense TypeLicense No.Current StatusFinancial Conduct Authority (FCA)United KingdomSCB & Associates S.A.Appointed Representative (AR)610633RevokedFinancial Conduct Authority (FCA)United KingdomSCB & Associates S.A.Appointed Representative (AR)610633RevokedNational Futures Association (NFA)United StatesSCB Brokers SACommon Financial Service License510531ExceededProducts and Services SCB's main areas of interest are low-carbon goods, carbon-neutral solutions, and eco-friendly items. It sees itself as a world leader in sustainability by providing services and making promises that are in line with reducing carbon emissions and taking action on climate change.Products & ServicesSupportedLow Carbon Commodities✔Carbon Neutral Products & Services✔Environmental Product Markets Trading✔Sustainability Consulting / Commitment✔General Investment or Forex Trading✘Retail Brokerage Services✘