FXBTG
We checked FXBTG against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
FXBTG claims to be a trademark of FXBTG Financial Group, a group registered in the FINTRAC with an MSB license number: M19450949 and regulated by St. Vincent and the Grenadines Financial Service Authority (SVG FSA) under license number: 25503 BC 2019. First, please be informed that FINTRAC is not a regulatory authority that has no right to issue licenses for forex trading or regulate entities that offer forex activities. Investors should be wary of brokers claiming to have registration in such authority. Second, we did not find any match results to the license number or the company name in SVG FSA. Besides, SVG FSA does also not regulate forex. All regulation info FXBTG claims are false statements for unsuspecting traders. FXBTG 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.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report FXBTG.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.