Reported as a scam / unregulated
Why XPO is on the register
According to its website, it claims to be regulated by multiple regulators. Upon investigation, no matching information was found in the British Virgin Islands (BVI FSC) and the Financial Services Commission (Belize FSC). In addition, it claims to be registered with MWALI INTERNATIONAL SERVICES AUTHORITY (MISA). Still, we found that XPO’s website address is inconsistent with the company’s website address on file with MISA. It is obvious that the license of a compliant company was stolen., so investors are advised to stay away from XPO. In essence, XPO is not regulated by any governing body. Entrusting it with investors’ funds is highly risky, as there are no legal protections in place to safeguard the funds. XPO 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.