RoyalForexManagement.com Review

3.388 • 7 REVIEWS
Out of business Patrick Haxton
Updated: Apr 13, 2022

The FPA confirms that this company and its owner are under SEC investigation. We urge traders to avoid investing with this company until the SEC issues a final ruling

Website is down. Company appears to be out of business.

RoyalForexManagement.com
Out of business
3.388 • 7 REVIEWS

Recent User Reviews of RoyalForexManagement.com

S
Scammed
New Mexico,
Jul 29, 2010,
Guest

Just in case Patrick Haxton surfaces, he is a bonafide liar and thief. He stole a large sum of money from my family. Never give Pat Haxton money or personal information. Don't believe any positive reviews regarding the man. Most likely they are forgeries just as his RoyalForex Management scam was...you have been warned; be wary, be wise. If you encounter this thief contact the proper authorities immediately. Remember, if it sounds too good to be true, it is!
K
Keeping You Informed
Texas,
Aug 21, 2008,
Guest

From the Dallas Morning News:

The U.S. Securities and Exchange Commission sued a Carrollton man and his foreign currency exchange business, alleging he runs a fraudulent investment scheme that has lost investors more than $300,000.

The SEC suit against Patrick H. Haxton and his company, Royal Forex Management LLC, alleges that Mr. Haxton and his company
T
TONY.R
Albuquerque, New Mexico,
Aug 19, 2008,
Guest

I have been trading 4x for 3 years then I found RFM They are the best ever I tell everyone about them. You should be with
this company. They are the best.
S
STEVE N
OK CITY OK,
Aug 7, 2008,
Guest

I HAVE BEEN TRADING WITH RFM FOR OVER SIX MONTH. I HAVE BEEN SO HAPPY WITH THE PERFORMANCE. THEY ARE MAKING 25-35 % MONTHLY. DONT WAIT ANY LONGER CONTACT THEM.
B
Brett Draper
Las Vegas,
Apr 29, 2008,
Guest

I have had an experience with Pat unfortunately and it has been about a year now.

If a forex account trader does not give you an independent account that he/she is not able to access and that YOU and only you have the ability to deposit and withdraw funds, run for the hills.

I can also emphatically state there is no trading robot, he does not provide real reports, and you have no control over your own money. I will leave it at that. The 5 star reports on here are not real. They are Pat himself writing them... BE AWARE!!!
R
Roddy Howald
Tulsa, OK,
Feb 6, 2008,
Guest

My partner and I are trying to put together a capital introduction company based on solid due diligence - legacyibroker.com. When we asked for trading confirmations, we got something faxed from a Kinko's... The contract is really off the wall requiring a 10% cut on principle before trading begins and then your locked out for 180 days unless you're prepared to take a serious penalty. This is all really hard to swallow, but like mot of us visiting this site, I know the kind of returns that he's boasting are possible. When I was on his site he was still posting material from PFG and they told me that they do not do business with RFM.com and that his business model is ah... not a good fit for their company. Okay, Patrick you don't want to follow the NFA member route, we'll go hook up with a reputable Swiss broker like Dukascopy and offer a straight managed account - if you do and you have one month of substantiated transparent gains on a true managed account, then we'll bring you millions. What's the hold up?
T
Theresa Y
Grapevine Texas,
Jan 15, 2008,
Guest

I have been a investor with Royal Forex Management since the begining. He has been the best trader I HAVE ever seen. He has been honest and very up front. If you need a trader to do everything for you Patrick is the company you should be using. Everything he states on line is true and he is the greatest.
B
Bill O
Plano, Tx,
Jan 12, 2008,
Guest

I've been investing with Pat for several months and I've received 30+% already! That's better than anything alse I've seen. He has been very transparant and professional so far, and I have no complaints. The best experience I've had in Forex and I've been trading and trying other programs for years! He is an excellent trader!
P
Paul Trad
Jersey City,
Dec 29, 2007,
Guest

well if you read his site and ask him about the service he offers it sounds great but when you talk to him you find out that nothing on his site is correct. That was really depressing for me, I was really excited to get the ball rolling. Then there is the stuff about him on ripoffreport.com , I don't know, keep me posted and let us know if you make money with him. I would invest with them if I was able to do it with a normal brokerage account like fxcm or oanda or something where I have control over my money. his website says that he does this but when you talk to him and get his paperwork you find out that your actually wiring the money to him, that's scary, and the way his contract reads..he could literally take your $35,000 and walk away with it and you can't do anything about it. He could be the nicest guy in the world but when you ask him for references he almost sounds angry, you'd think if this guy was getting those kinds of returns people would be begging to give references for him.