High Risk
Reported as a scam / unregulated
SF-700418registry entry
Why Theo is on the register
Theo claims to be regulated by US Financial Crimes Enforcement Network (FinCEN). We searched the FinCEN and found a matching result. However, FinCEN is not the regulator in charge of forex and CFD brokers. The truth is that Theo is not under valid regulation by any regulators to do forex. Investors’ funds in this broker are unsafe and cannot be protected by any law. Theo is 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.