Reported as a scam / unregulated
Why EO Broker is on the register
EO Broker claims to operate under EOLabs LLC, registered with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. While our verification confirms that a company by this name exists in the SVG FSA registry, this registration only confers International Business Company (IBC) status, not a financial services or forex trading license. Importantly, the SVG FSA explicitly states that it does not regulate or license forex brokers, meaning this registration provides no investor protection or regulatory oversight. Furthermore, EO Broker appears to be entirely unlicensed by any credible financial regulator. Therefore, EO Broker appears 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.