After reviewing Sandai, we assess it as a high-risk, likely fraudulent broker. Below we break down exactly why, and what your options are if you have already deposited.
None found
High (4/4)
Undisclosed
Avoid — do not deposit
Who is Sandai?
On the surface, Sandai looks like an ordinary forex and crypto broker. Its public site is presented at https://sandai-fx.com/. But surface impressions are exactly what these operations rely on — the substance behind Sandai is where the problems begin.
Is Sandai regulated?
Sandai provides no verifiable regulatory licence. An unregulated broker answers to no one: it can freeze withdrawals, invent fees, and disappear with deposits, all without consequence. This alone is reason enough to stay away.
Red flags we identified
- Unrealistic profit claims and pressure to deposit more
- Account dashboards that show “gains” with no real market exposure
- No verifiable licence from a recognised financial regulator
- Aggressive “account managers” coaching clients to deposit
- Withdrawals reportedly blocked behind “taxes,” “fees” or account “upgrades”
Our analysis
Sandai is a thorough scam for two main reasons. Sandai presents no details regulations. Lacking regulation information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their certificates and licenses in a prominent position. It is a red flag here. Besides, Sandai shows its office address is in Saint Vincent. However, we did not find any match results to Sandai in Saint Vincent and the Grenadines Financial Services Authority (SVG FSA). Besides, SVG FSA does not regulate forex. The truth is that Sandai 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.
Can you recover money lost to Sandai?
If you have deposited with Sandai, do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.
Were you scammed by Sandai?
You may still have options. Our team can trace where your funds went and tell you honestly whether recovery is realistic — with a free, confidential case review.
Start a free recovery review →Warning: never pay an upfront fee to anyone “guaranteeing” recovery. Cleverecovery does not guarantee outcomes.