Warning: Is iTexusTrade a Scam?

Investigation: iTexusTrade (itexustrade.com)

Our team strongly advise you to avoid iTexusTrade (itexustrade.com).

iTexusTrade appears to be a trading platform, but it appears currently unlicensed by any credible financial regulator, like the ASIC or CySEC.

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Regulatory Check: iTexusTrade

iTexusTrade runs without regulation.

Investing with unlicensed firms is highly unsafe. Trusted firms are must be authorized with agencies like the FINRA or FCA for your protection.

iTexusTrade lacks this supervision. This means there is no safety net if they keep your money. Most investment fraud use unregulated entities, and recovering funds from them is hard without professional help.

For example, in the UK, unauthorized firms are not covered by the Financial Ombudsman. In America, they are not part of regulatory bodies, meaning your money is at risk.

Common Scam Tactics

Investment fraud is evolving. Criminals use social engineering to steal your savings. Below are typical tactics seen in brokers like iTexusTrade (itexustrade.com).

Dating App Scams

The "Romance Scam" is a brutal method where scammers groom victims over weeks. They fake a romance on social media. Eventually, they introduce a secret crypto opportunity. It's a trap to lure you onto a scam site like iTexusTrade.

Rigged Platforms

Scammers build websites that look exactly like legit trading apps. You see graphs and profits that increase. But it is a simulation. The broker controls the numbers to make you feel rich to deposit more. If you ask for a payout, the "profits" disappear.

Other Warning Signs

• Cold Calling: They call you from "brokers" out of the blue.
• Unregulated: The company has no legal registration.
• High Returns: They guarantee huge profits with no risk.
• Cannot Withdraw: You cannot get your money out. They ask for "tax fees" first.
• Aggressive Sales: Agents pressure you to deposit more.

Ignore positive ratings. Fraudulent brokers often post their own 5-star reviews to appear real.

Conclusion

iTexusTrade is not trusted. It is likely a fraud. Protect your money and find a regulated broker. Avoid itexustrade.com at all costs.