Reported as a scam / unregulated
Why Sfitrader is on the register
According to Sfitrader’s website, there is no licensing information for Sfitrader. It claims to be in the process of registration and not yet to be operating as a registered or licensed financial services provider, and it does not currently offer regulated financial services, trading execution, or investment advice. It also fails to provide any company details, such as registration information or the company’s address. This makes it difficult even to verify whether the company is under registeration or not. All of these red flags indicates a high risk of engaging with this broker. Sfitrader appears to be 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 to the right next step. 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.