South China Bullion

Note:South China Bullion's official website:https://www.scb-cn.com is currently inaccessible normally.

South China Bullion Information

Founded in 2012 and registered in China, South China Bullion deals in gold among precious metals. The firm has been identified as a questionable clone notwithstanding being linked to the CGSE. South China Bullion may be accessed for customer service by phone at 37560059, email at CS@scb-cn.com, or QQ at 1669561640.

Is South China Bullion Legit or a Scam？

	The Chinese Gold & Silver Exchange Society(CGSE)
Current Status	Suspicious Clone
Regulated by	CGSE
License Type	Type A1 License
License No.	249
Licensed Institution	South China Bullion Ltd

Downsides of South China Bullion

1. Suspicious Regulation: The broker asserts that it is regulated by the China Hong Kong CGSE; however, this regulation is suspected to be a clone.
2. Absence of Valid Regulation: It has been confirmed that South China Bullion is presently devoid of valid regulation, which presents substantial risks to investors.
3. Warning for Low Score: The organization has been issued a warning to refrain from conducting business with it due to its low score.

Conclusion

Since 2012, South China Bullion has entered the precious metal market; nonetheless, there are several legal questions regarding them. The firm is said to be a duplicate of a CGSE-regulated entity as it lacks actual rules and is hence quite dangerous. With low trust and warnings, this company is not safe for trading. Those who wish to trade should avoid these middlemen and instead pick open, fully regulated brokers.