High Risk
Reported as a scam / unregulated
SF-9599registry entry
Why PhoenixGen is on the register
PhoenixGen (phoenixgen.org) offers plans paying 10% to 100% per trade, with deposits of up to $1,000,000. Two of its plans pay the same 70% even though one needs two and a half times more money. It uses the same broker template as many other flagged sites and names no company, address or regulator. The UK Financial Conduct Authority has warned about it. The domain was registered on 6 May 2026. Therefore, PhoenixGen 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.