Reported as a scam / unregulated
Why XFine is on the register
XFine claims to operate under XFine Ltd, a company registered with the Saint Lucia International Financial Centre (IFC). While such registration confirms the company’s legal incorporation as an International Business Company (IBC), it does not equate to regulatory oversight or authorization to conduct financial services. The Saint Lucia IFC has explicitly stated that it does not regulate or license forex brokers or similar financial entities. XFine is in fact not authorized or supervised by any reputable financial regulatory authority worldwide. Therefore, XFine 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 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.