Verified: Texmanagedfx Is Operating Through The Website Http://texmanagedfx.com/, The Company's Website Is Currently Defunct, Inaccessible, And Appears To Have Closed Down.
As For Supervision, It Has Been Verified That Texmanagedfx Does Not Currently Have Any Valid Licenses.
Here Traders Are Advised To Be Vigilant When Entering The Market To Avoid Being Deceived And Causing Loss In Capital.
The Following Is The General Information According To The Internet Query:
Texmanagedfx Is A Foreign Exchange Trading Platform That Has Been Flagged As Suspicious By Several Financial Regulators And Consumer Protection Organizations. According To The Evaluation Found On The Internet, The Company Claims To Provide Foreign Exchange Trading Services, But In Fact It Is A Fraud Organization Under The Guise Of "hosting Foreign Exchange Accounts And Providing Loss Insurance". Its Operation Model Is Suspected Of Attracting Investors To Deposit Funds Through False Promises, And Then Defrauding Traders Of Funds Through Manipulation And Transfer Of Funds.
Lack Of Regulation: Texmanagedfx Does Not Have Any Valid Financial License, And Its Operations Are Not Subject To Any Authoritative Regulatory Authority. This Means That The Safety Of Investors' Funds Cannot Be Guaranteed, And The Regulatory Authorities Cannot Hold Them Accountable.
Fictitious "escrow Account Insurance": Texmanagedfx's Main Scam Is To Lure Investors Into Deposits By Promising Traders "escrow Foreign Exchange Account Loss Insurance". In Fact, This So-called "insurance" Does Not Exist, And Traders May Face The Risk That Their Funds Cannot Be Withdrawn Once They Deposit.
High Leverage And False Claims: Texmanagedfx Claims To Offer Ultra-high Leverage Ratios (such As 1:1000), While Attracting Investors By Exaggerating Returns, False Cases, And Promising Low Risk. Investors May Encounter Problems Such As Abnormal Spreads, Slippage, And Delayed Execution In Actual Trading.
Funds Custody And Scams: The Platform Claims To Deposit Traders' Funds Into Separate Custody Accounts, But In Fact These Accounts Do Not Exist, And The Funds May Be Transferred Directly To The Scammer's Private Account.
Association With LegendTrader And Khalid Alam
According To Reviews Found On The Internet, Texmanagedfx May Be Related To The LegendTrader Platform And Its Founder Khalid Alam, Which Has Been Previously Flagged As A Scam. Khalid Alam Has Been Blacklisted By Regulators In Several Countries Around The World For Allegedly Operating Multiple Financial Fraud Websites. Although LegendTrader's Website Is Defunct, Khalid Alam And Its Related Companies Continue To Lure Investors Into Deposits Through Rebranding.
Khalid Alam's Scam Pattern
Makeover: Khalid Alam's Usual Means Is To Continue The Scam With A New "disguised" Platform (such As Texmanagedfx) By Changing The Company Name And Domain Name.
False Propaganda: Using Social Media, Advertising, And SEO Optimization To Package The Platform As A Legitimate, Transparent Trading Institution To Attract Investors.
False Threshold: Offering Low Deposit Thresholds And High-yield Promises To Further Lure Novice Traders.
Verifying Regulatory Qualifications: Before Choosing A Forex Trading Platform, Be Sure To Verify Whether It Holds A Legitimate Financial License. Authoritative Regulators Include The UK's Financial Conduct Authority (FCA), The US Commodity Futures Trading Commission (CFTC), And The Australian Securities And Investments Commission (ASIC), Among Others.
Be Wary Of High-yield Promises: Be Highly Vigilant Of Platforms Claiming "guaranteed Capital," "zero Risk," Or "high Return," Which Are Often Common Bait For Scams.
Avoid Fund Deposits: Do Not Trust Any High-yield Promises To Deposit Without Fully Understanding The Platform's Background And Operating Model.
Summary
Texmanagedfx Is A Platform That Has Been Flagged As A Scam. Its Operating Model Is Suspected Of Luring Investors Into Deposits Through False Promises And Fund Custody Scams. Traders Should Be Vigilant And Avoid Trading With Any Platform Associated With LegendTrader Or Khalid Alam. When Choosing A Foreign Exchange Trading Platform, Be Sure To Verify The Legitimacy Of The Platform Through Formal Channels And Refer To Multi-party Evaluation And Regulatory Records To Protect The Safety Of Your Own Funds.
