What is the SCB license?
A simple explanation of the regulator, the strength of the license, and what to check before opening an account.
The Securities Commission of The Bahamas (SCB) regulates securities markets, investment firms, broker-dealers, and certain financial service providers operating from The Bahamas. Many international forex and CFD brokers use Bahamian entities to provide services to clients in different regions under the country's financial regulatory framework.
A broker appearing in the SCB register allows traders to verify the legal entity, regulatory status, license information, and authorized activities through an official public register. However, traders should remember that many global broker groups operate multiple legal entities, so it is important to confirm which licensed company will actually hold the trading account before making a deposit.
