Reported as a scam / unregulated
Why MintCFD is on the register
MintCFD claims to be based in India and operates as a brand name of MINTCFD LTD. The company states that it is regulated by the Labuan Financial Services Authority (LFSA) under License No. LL18171. However, our verification found no record of MINTCFD LTD in the LFSA’s official register of licensed entities—indicating that this license may be invalid or has been revoked. Additionally, we checked the list of Recognised Intermediaries maintained by The Securities and Exchange Board of India (SEBI) and were unable to find any registration for this entity. This means MintCFD is not authorized to conduct securities-related business in India. MintCFD appears to operate without regulatory oversight either in India or internationally. Therefore, it is a scam broker.
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.