WikiFX Investigation: SBC Group Review Reveals High Risks and Unverified Licenses

Safety Indicators Missing: A Look at the WikiFX Score

In the trading world filled with both opportunities and pitfalls, SBC Group attempts to present itself through its website sbcfx.com as a professional investment gateway that might tempt traders looking for new opportunities. However, behind this polished digital facade, analytical data from WikiFX reveals a starkly different reality that warrants serious concern. The broker has received a catastrophic overall score of 0.99 out of 10.

This extremely low figure is not just a statistic; it is a severe warning sign indicating that the platform lacks the bare minimum standards of financial safety. When dissecting this score, we find a complete collapse in the fundamental pillars of safety. The broker scored 0.00 in Regulation, 0.00 in License, and 0.00 in Risk Control. In financial terms, these zeros mean the company is operating without any legal cover to protect trader rights or ensure the safety of funds in the event of disputes.

The License File: Claims That Don't Add Up

SBC Group attempts to legitimize its operations by claiming on its official website that it holds a license from the Financial Sector Conduct Authority in South Africa (FSCA) under license number 54813, registered to a legitimate-sounding entity named “STAR BRIDGE CAPITAL GROUP”.

However, the surprise lies in the verification details. WikiFX records show that the status of this license is classified as “Unverified”. This classification implies that the inspection team could not confirm the validity of the license or establish a verified link between the license and the broker's actual business operations. Consequently, this license cannot be relied upon as a legal guarantee for your funds.

Furthermore, the company's records are devoid of any licenses from major global regulatory bodies—such as those in the UK or Australia—keeping it entirely outside the circle of strict supervision and recognized international standards.

Market Standing and Potential Risks

The WikiFX system automatically categorizes brokers with scores below 1.0 into the “High Risk” bracket. This classification is based on the absence of transparent regulatory information and a weak legal structure. This situation places investors dealing with SBC Group in a critical position, increasing the likelihood of encountering operational issues or difficulties in withdrawing funds without an official regulatory body to turn to for complaints.

Conclusion and Recommendation

Based on the current data and careful analysis, the verdict is clear:

• The Risk: A disastrous score (0.99) combined with zero risk control indicators points to an unsafe trading environment.
• The Regulation: The “Unverified” status of the South African license casts serious doubt on the company's credibility.

WikiFX Recommendation: Traders are strongly advised to exercise maximum caution and avoid dealing with SBC Group under these circumstances. Searching for brokers with clean records and valid, verified licenses remains the only viable option to ensure capital is protected from loss.