Reported as a scam / unregulated
Why AdvantCrest is on the register
AdvantCrest claims to be regulated by the U.S. Securities and Exchange Commission (SEC) and the Seychelles Financial Services Authority (FSA). However, investigations reveal no records of AdvantCrest with either agency. Furthermore, it is important to note that the primary regulator for forex activities in the U.S. is the National Futures Association (NFA), not the SEC. Despite claiming to have registered entities in both the United Kingdom and the United States, searches of the UK’s Financial Conduct Authority (FCA) and the US NFA databases yielded no results. These findings indicate that AdvantCrest lacks any legitimate regulatory oversight and appears to have fabricated its compliance credentials, strongly suggesting that it 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.