Score
Cash Forex Group
China|5-10 years| https://www.cashfxgroup.com
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Rating Index
Influence
Influence
A
Influence index NO.1
South Africa 6.83Surpassed 15.20% brokers
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Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
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Danger
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Cash Forex Group
Cash Forex Group
China
Pyramid scheme complaint
Expose
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- Global regulators have disclosed 6 pieces of information about this broker, please be aware of the risks!
WikiFX Verification
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Cash Forex Group · Company Summary
| Registered in | China |
| Regulated by | No effective regulation at this time |
| Year(s) of establishment | 2-5 years |
| Trading instruments | Information not available |
| Minimum Initial Deposit | Information not available |
| Maximum Leverage | Information not available |
| Minimum spread | Information not available |
| Trading platform | Information not available |
| Deposit and withdrawal method | Information not available |
| Customer Service | Email, address, social medias |
| Fraud Complaints Exposure | Yes |
Note: At this time, we only have a cursory look at Cash Forex Group as the company's official website (https://www.cashfxgroup.com/ ) does not open properly.
Risk Warning
Online trading involves huge risks and you can lose all your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained herein is for general information purposes only.
Screenshot time: 02/09/2023
The scores provided by WikiFX are dynamic and track the broker's movements in real time, so the scores screened at the current time are not indicative of past or future scores.
General information and regulations
Cash Forex Group is registered in China and appears to be a fraudulent broker without any credible regulation, with a history of no more than 5 years. Unfortunately, we could not find any more detailed information about this broker on the internet. Therefore, we recommend that you do not deal with such a low-information broker right off the bat and always consult WikiFX to get at least a basic understanding of a broker.
When choosing a forex broker, you should know that a regulatory license does not necessarily guarantee the reliability of a broker as it may be an expired or cloned regulatory license, but a broker without any regulatory license has a high probability of being unreliable.
Customer support
The support service provided by Cash Forex Group is not very extensive. It can only be accessed via email, address and social medias. Since the company's website is not currently open, we do not know if it offers other services such as live chat, callback, FAQ, 24/7 or 24/5 service, etc.
Below are the details about the customer service.
Email: support@cashfxgroup.com
Address: RBS Tower - Ave. Balboa, Ramón H. Jurado St, 9th floor, Punta Paitilla, Panama.
Social media: Facebook, Instagram, LinkedIn, YouTube, twitter
Users exposures
On our website, you can see that some users have reported scams. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.
Frequent asked questions about Cash Forex Group
Is this broker well regulated？
No, it is currently not effectively regulated and you are advised to be aware of its potential risks.
News
NewsWIKIFX REPORT: CashFX Celebrates 2nd Anniversary in Italy: Soaking Up the Sun on Costa Cruises
CashFX (CFX) members from all over the world recently gathered on a 5-star Costa ship in the port city of Trieste, Italy. In November 2021, the Deliziosa was home to the company's second anniversary party, an event that had been put off for many moons due to COVID. Costa Cruises is the largest cruise line in Europe, and this trip included stops in Split, Croatia and Rome. Before the cruise, members had the chance to tour Venice as well.
WikiFXNewsWIKIFX REPORT: ITALY REGULATOR BLOCKS GALICFX, CASHFX AND NEOTRADE DOMAINS
The Commissione Nazionale per le Società e la Borsa (CONSOB) has shut down new websites in an ongoing clampdown against firms it accuses of illegally promoting investment products in the country.
WikiFXNewsWIKIFX REPORT: ASIC alerts public about investment ‘opportunity’ from Cash FX Group
The Australian Securities and Investments Commission (ASIC) has voiced its concerns regarding the activities of Cash FX Group, also known as CFX.
WikiFXNewsThe CFX corporate Team is comprised of business-minded people.
CFX members around the world
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