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/10

CFX

China|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://cashfxgroup.ma/

Website

Rating Index

Contact

support@cashfxgroup.com
https://cashfxgroup.ma/
https://www.facebook.com/theCFXgroup
https://twitter.com/cashfxgroup

Licenses

No valid regulatory information, please be aware of the risk!

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No restriction on the broker account. Support service provided by WikiFX

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Warning: Low score, please stay away!
Previous Detection : 2024-02-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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CFX · Company Summary

General Information

CFX, a trading name of Cash Forex Group, is allegedly a forex broker based in Panama under the registration of RUC that provides its clients with a web-based trading platform, various tradable assets, a choice of 17 different investment plans, as well as Expert Advisors and copy trading services, and 24/5 customer support service.

Market Instruments

CFX advertises that it mainly offers three different asset classes in financial markets, including forex, commodities and cryptocurrencies.

Investment Plans

There are 17 investment plans offered by CFX, consisting of 2 academy plans, 5 elemental plans, 5 advanced plans and 5 supreme plans. Starting elemental plans require the minimum investment amount of $150; the advanced plans require the minimum investment amount of $3,500; and the supreme plans with a much higher minimum initial capital requirement of $21,000.

Trading Platform Available

When it comes to trading platforms available,CFX gives traders a web-based trading platform. We suggest you use MetaTrader4 or MetaTrader5 as the trading platform. As most traders know, the MT4 and MT5 are known as the most successful, efficient, and competent forex trading software. The MT4 offers an intuitive and user-friendly interface, advanced charting and analysis tools, as well as copy and auto-trade options. While the MT5 allows traders to execute trades on different financial markets through a single account and there is a hedging option.

Deposit & Withdrawal

CFX accepts deposits and withdrawals with Bitcoin only. No minimum deposit or withdrawal amount is specified, but each withdrawal will be subject to a withdrawal fee of 20%.

Customer Support

CFX‘s customer support can be reached by email: support@cashfxgroup.com or send messages online to get in touch. Besides, you can also follow this broker on some social media platforms like Facebook, Instagram, Twitter, YouTube, LinkedIn and Telegram. Company address: RBS Tower - Ave. Balboa, Ramón H. Jurado St, 9th floor, Punta Paitilla, Panama. However, this broker doesn’t disclose other more direct contact information like telephone numbers while most brokers offer.

Broker Information

Company Name

Cash Forex Group.

Company Abbreviation

CFX

Regulatory Status

No Regulation

Platform registered country and region

China

Company website
Customer Service Email Address
  • support@cashfxgroup.com

Company Summary

User Reviews

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2

Comments

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FX1624132913
more than one year
They offer a range of 17 investment plans, covering different levels from basic to advanced. Starting with a minimum investment of $150 for the elemental plans, it's pretty accessible. But if you're looking at the more serious stuff, like the advanced plans, you'll need at least $3,500 to get in the game.
2024-02-23 12:30
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0
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郭公子港美股IPO
more than one year
I hate this CFX, they ran away so quickly!!! They told me I could enjoy the most competitive spreads, no slippage, so I fell prey to this black platform. My hard-earned $2000 was lost…
2023-02-13 18:37
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