High Risk
Reported as a scam / unregulated
SF-704885registry entry
Why EXCO is on the register
While its website claims to be registered in St. Vincent, inquiries revealed its status with the Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) as “Cancellation Pending.” In reality, as is well known, this only confirms the company’s status as an International Business Company (IBC), which does not constitute a valid forex license. This is a very dangerous signal; investors are advised to be cautious and stay away.
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.