Reported as a scam / unregulated
Why Chainboxtrade is on the register
Chainboxtrade claims to be a trustworthy broker for traders worldwide with authorizations and regulations in several regulatory bodies, including: 1) The UK Financial Conduct Authority (FCA); 2) The Australian Securities & Investments Commission (ASIC); 3) The South Africa Financial Services Conduct Authority (FSCA). However, we did not find any match results to Chainboxtrade in the above watchdogs’ registries. The regulatory info this broker claims are false statements for unsuspecting investors. The truth is that Chainboxtrade is not overseen by any regulators. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, 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.