Reported as a scam / unregulated
Why FXBTG is on the register
FXBTG claims to be a trademark of FXBTG Financial Group, a group registered in the FINTRAC with an MSB license number: M19450949 and regulated by St. Vincent and the Grenadines Financial Service Authority (SVG FSA) under license number: 25503 BC 2019. First, please be informed that FINTRAC is not a regulatory authority that has no right to issue licenses for forex trading or regulate entities that offer forex activities. Investors should be wary of brokers claiming to have registration in such authority. Second, we did not find any match results to the license number or the company name in SVG FSA. Besides, SVG FSA does also not regulate forex. All regulation info FXBTG claims are false statements for unsuspecting traders. FXBTG 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.