Reported as a scam / unregulated
Why GXOTE is on the register
According to its website, it claims registered in the Company House (CH) with registration number: 08114207. Upon investigation, we found that the status shows “Overdue”. In addition, no matching information was found in the Financial Conduct Authority (FCA). Because CH registration does not equal authorization by a financial institution, GXOTE is an illegal platform that provides financial services in the UK without a license.. The truth is that GXOTE is not regulated by any regulators. Letting it hold or control investors’ money is unsafe and the money can not be protected by any laws. Therefore, GXOTE 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.