Reported as a scam / unregulated
Why Sandai is on the register
Sandai is a thorough scam for two main reasons. Sandai presents no details regulations. Lacking regulation information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their certificates and licenses in a prominent position. It is a red flag here. Besides, Sandai shows its office address is in Saint Vincent. However, we did not find any match results to Sandai in Saint Vincent and the Grenadines Financial Services Authority (SVG FSA). Besides, SVG FSA does not regulate forex. The truth is that Sandai 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.