About cpb
Company Overview
cpb, also known as Hexun cpb, is an online Forex corporation that was reportedly established on December 25, 2017, in China. The company presents itself as offering trading instruments with premium conditions and support, but according to our records, it has not provided verifiable office location details or any regulatory information.
Our research indicates that cpb operated for a relatively short period—no more than five years—and its registration in China has not been accompanied by any licensing from a recognized financial regulator. This lack of transparency and regulatory oversight is a significant concern for potential traders.
Regulation and Safety
FXCanary's records show that cpb has no regulators on file. The broker's claimed registration in China does not equate to financial regulatory authorization, as China's regulatory framework for forex brokers is limited and does not typically cover retail forex trading in the same way as jurisdictions like the FCA or ASIC.
Without a reputable regulatory license, client funds are not protected by any investor compensation scheme, and there is no independent oversight of the broker's operations. This absence of regulation contributes to cpb's high scam risk score of 75/100, which we categorize as severe.
Trading Instruments and Conditions
According to the limited information available, cpb claims to offer a range of trading instruments, likely including forex and possibly CFDs, though specific details are not provided. The broker states it provides 'premium trading conditions and support,' but no concrete information on spreads, leverage, or execution models has been published.
We were unable to find any official website or marketing materials for cpb beyond the domain hexun.com, which is a financial news portal rather than a dedicated brokerage site. This makes it difficult to verify any claims about trading platforms, account types, or available assets.
Client Support and Service
The broker has not disclosed any information about customer support channels, languages offered, or service availability. As a China-registered entity targeting Chinese-speaking clients, it is plausible that support would be provided in Mandarin, but this remains unconfirmed.
Given the lack of verifiable contact details or office addresses, traders would have no reliable means of reaching the broker in case of issues, which further amplifies the risks associated with depositing funds.
Market Positioning and Target Audience
cpb appears to have positioned itself as a provider of forex trading services to the Chinese market, but its exact target audience is unclear. The broker's short operating history and absence of regulatory credentials suggest it may have targeted less experienced traders who are less likely to perform due diligence.
In the competitive Chinese forex landscape, where many offshore brokers operate, cpb's lack of a transparent track record and verifiable licensing makes it an outlier that is unlikely to attract risk-aware investors.
Overview compiled by FXCanary from regulatory records and public data. full cpb review