SmartFX-Overview of Minimum Deposit, Spreads & Leverage
Abstract： 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 It has a strong mission for sustainability, but its regulatory permits have been withdrawn or have run out, which makes people worry about its regulatory status.
| SCB Review Summary | |
| Founded | 2006 |
| Registered Country/Region | United States |
| Regulation | FCA/NFA (Exceeded) |
| Products and Services | Low-carbon commodities, carbon-neutral solutions, environmental products |
| Customer Support | Tel: +41 22 365 5300 |
SCB 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 It has a strong mission for sustainability, but its regulatory permits have been withdrawn or have run out, which makes people worry about its regulatory status.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 Cons
| Pros | Cons |
| Strong focus on sustainability and low-carbon markets | No valid regulatory licenses |
| Recognized as a B Corporation and ISO certified | Limited information on fees |
| Global reputation in environmental product markets |
Is 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 Authority | Country | Licensed Entity | License Type | License No. | Current Status |
| Financial Conduct Authority (FCA) | United Kingdom | SCB & Associates S.A. | Appointed Representative (AR) | 610633 | Revoked |
| Financial Conduct Authority (FCA) | United Kingdom | SCB & Associates S.A. | Appointed Representative (AR) | 610633 | Revoked |
| National Futures Association (NFA) | United States | SCB Brokers SA | Common Financial Service License | 510531 | Exceeded |
Products 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 & Services | Supported |
| Low Carbon Commodities | ✔ |
| Carbon Neutral Products & Services | ✔ |
| Environmental Product Markets Trading | ✔ |
| Sustainability Consulting / Commitment | ✔ |
| General Investment or Forex Trading | ✘ |
| Retail Brokerage Services | ✘ |
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