Unauthorized trading on my account - account violation!
I strongly advise extreme caution when dealing with FX Fund Managers.
I provided my MT5 login details strictly for account review, with the clear understanding that trading would only begin after a formal agreement was signed. No agreement was signed and I did not authorize trading to begin.
Before signing anything, I raised multiple concerns regarding their agreement, including requests for basic legal information such as their full legal entity name and registration details. These questions were never answered, and due to these unresolved concerns, I explicitly did not proceed with signing the agreement.
Despite this, trades were placed on my account. The company later admitted in writing that this occurred due to an internal “technical error.” The result was a drawdown that exceeded the 30% maximum drawdown level they themselves had communicated.
Instead of taking responsibility for initiating trading without authorization, they attempted to reframe the situation as normal market risk and pressured me to allow further trading to “recover” the losses.
-I also want to note that in our communication I was labeled as "delusional and criminal" as I demanded to recover my money that was not allowed to trade with, without further trading.
I also contacted my broker, Vantage, who confirmed they have no affiliation, partnership, or any business relationship with FX Fund Managers, and do not endorse or authorize them in any capacity.
Since raising these issues, communication has stopped entirely. Emails are unanswered, website support is unresponsive, and their other communication channels are inactive.
I have full documentation of all communication, including their admission of the error.
This raises serious concerns about transparency, authorization, and how client accounts are handled.
Proceed with extreme caution. Well, DO NOT get involved with them.
EDIT**
After the response with a lot of words, not a lot of meaning I want to add and comment:
"Till this very moment, all channels of communication remains open to the reviewer, where all questions and enquiries both standard and contentious have been professionally responded to without fail." My comment: - Not professional if you call somone delusional in your emails. Also , not responding for a week. My last emails and chat messages have not been responded at all, but I see they commented here to try and "fix" their reputation.
Them: "it's shocking to see all the lies and falsehood peddled for reasons that are nothing short of mischievous, nefarious and financially induced."
Me: - nothing in my claims is false. I have evidence for all.
Them: "Accounts were formally delivered from a a place of aligned mutual interest, and the clear was given in principle to begin trading, hence the delivery of the needed logins, for a one week effectiveness test, with the full understanding of possible outcomes."
Me: AT NO POINT I AGREED TO START TRADING, THAT IS THE WHOLE POINT! Nor was "one week of testing EVER communicated to me." It is like they are talking to themselves.
Them: "A profit margin of more than ten percent was smashed in less than 48 hours of trading using our game changing trading AI, an outcome that was fully monitored by the reviewer, who never had a reason to complain or throw tantrums, notwithstanding the fact that no signed agreement existed as claimed."
Me: THAT IS A LIE. They did make a profit, but I immediately sent a concerned email and a WhatsApp message regarding UNAUTHORIZED TRADING ON MY ACCOUNT. The issue here is not a bout profit or loss, it is that they traded without my consent. And no, I could not monitor their trades as I am in a different time zone and I was sleeping, not even expecting my account to be traded until I sign the agreement so I did not bother to check the state of my account until it was at 60%, not 70% as they say in their comment. At no point I was throwing tantrums (but I like this professional communication again), just sent an email asking about my account - and I believe I have every right to do so if I see my capital is touched WITHOUT MY CONSENT!
So even here in their public response, they are not addressing the issue, which is UNAUTHORIZED TRADING on my account, not taking any accountability. I raised the issue with them even while in profit. I DID NOT WANT THEM TO USE MY ACCOUNT!
So yes, they can keep talking about "market possibilities" and insulting my intelligence. I am aware of the market, but this was never my concern.
April 14, 2026
Unprompted review
