Dear Investor,
Regarding your question about whether SBCFX accepts Mastercard payments, we recommend reaching out directly to their official customer support for the most accurate information.
SBCFX claims to be regulated under multiple licenses: Star Bridge Capital Group Pty Ltd is said to hold authorizations from South Africa’s Financial Sector Conduct Authority (FSCA) and Australian Securities & Investments Commission(ASIC), while Topical Wealth International Ltd is cited as holding a license from the Seychelles Financial Services Authority (FSA). Our verification confirms that all three entities appear in their respective regulators’ registers. However, significant concerns remain.
The FSCA registration does not include disclosed website or domain information, making it impossible to confirm whether SBCFX is genuinely linked to the licensed entity. Moreover, while FSCA is a recognized regulator, its oversight of offshore-facing brokers can be limited in practice.
The ASIC license, though valid, explicitly excludes authorization to provide forex or CFD services to retail or institutional clients, which means that SBCFX cannot lawfully operate as a forex broker under this license. As for the Seychelles FSA license, although Topical Wealth International Ltd is listed, the registered website bears no relation to SBCFX and shows no indication of affiliation.
Taken together, SBCFX’s claimed regulatory framework appears misleading or incomplete. None of the licenses fully support its current business as a retail forex/CFD broker. We therefore advise caution and recommend conducting thorough due diligence before considering any engagement with this platform.
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