Reported as a scam / unregulated
Why Mtxotu is on the register
Mtxotu claims to be regulated by reputable authorities including the Mauritius FSC, CySec, and Seychelles FSA since its 2019 launch, but our investigation confirms it does not appear in any of their official licensee registers, indicating false regulatory claims. It also states it is U.S.-based with an MSB registration; however, it is not listed by the NFA, and its provided MSB number corresponds to a different entity—DKM Markets—further exposing its misrepresentation. Notably, FinCEN does not regulate forex platforms. With its regulatory claims proven false and critical details inconsistent, Mtxotu is highly likely to be a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.