CFB

CFB is a Hong Kong-based entity operating under the domain cfbullion.com. Founded on 22 February 2019, the company lists its registered address at E Room, 21/F, Jingmao Centre, No. 62 Junye Street, Kwun Tong, Kowloon, Hong Kong.

The broker's name and domain suggest a focus on precious metals or bullion trading, rather than traditional forex or CFD brokerage. Despite being registered in Hong Kong for several years, publicly available information about its operations is extremely limited, which itself warrants a cautious approach from potential clients.

According to official records, CFB was incorporated in Hong Kong on 22 February 2019. The company's official name appears to be simply 'CFB', though its domain cfbullion.com implies bullion-related activities. The registered physical address is a commercial unit in Kowloon, a major business district in Hong Kong.

However, no corporate history, ownership structure, or management details are publicly accessible through readily available sources. The lack of transparent background information is a notable concern for traders seeking to evaluate the credibility of a financial service provider.

CFB lists a single regulatory entry on our records: HKGX, described as a 'Precious Metals Trading' regulator under the category 'AGN' (likely referring to Approved Gold and Silver Traders). The status of this licence is not provided, and HKGX is not a common regulatory body recognised for overseeing retail forex or CFD brokers.

It is important to note that regulation by HKGX, if active, pertains specifically to precious metals trading, not to broader financial services such as forex or derivatives. The absence of a clear regulatory status (active, suspended, or revoked) means that clients dealing with CFB may not benefit from the protections afforded by a well-established regulatory framework.

Based on the available information, CFB appears to specialise in precious metals, likely gold and silver bullion trading. The domain cfbullion.com supports this interpretation, as 'bullion' is a standard term for refined precious metals. No details are available regarding account types, trading platforms, leverage, spreads, or any additional instruments such as forex, CFDs, or cryptocurrencies.

Without access to an operational website or published product documentation, it is impossible to verify the range of services offered. Potential clients seeking conventional forex or CFD trading should be aware that CFB's core offering is almost certainly limited to precious metals, if it engages in retail client services at all.

Our FXCanary Scam Risk Score for CFB is 42 out of 100, categorised as 'Guarded'. This risk level indicates that while there are no immediate red flags of fraud, the lack of verifiable information and unclear regulatory status present material risks for traders.

The combination of a low-profile broker with limited public presence, an unverified regulator (HKGX), and a niche product focus (bullion) makes due diligence particularly challenging. Traders should exercise caution and consider whether a more established, transparently regulated broker might better serve their needs, especially if they intend to trade leveraged forex or CFDs.