Reported as a scam / unregulated
Why XPBEE is on the register
XPBEE has provided a registered address in Saint Vincent and the Grenadines. Although XPBEE is listed as registered, this registration only confers International Business Company (IBC) status. It is crucial to understand that IBC status does not equate to a valid financial services license. More importantly, the SVG FSA has publicly clarified that it does not regulate or license foreign exchange trading activities. Besides, XPBEE does not appear to be regulated or authorized by any reputable financial regulatory body globally. This lack of proper oversight indicates that XPBEE may operate as 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.