CashFX Group uses the earning potentials of digital currencies and the Forex Trade to broaden your profit margin. It allows you to earn bonuses and extra profits through several investment packages online.
Are you interested in earning money through an online investment platform? CashFX Group is a digital markets trading platform that promises to provide these services to you. Get in touch with the company through this post. Here, you can access the CashFX Group Login procedure, How to Sign-up/Register on the CashFX official website, and CashFX Packages review.
By providing tutorials and investment packages through CashFX Pro sites, CashFX Group attempts to make its investors rich.
Also, through an intricate referral chain, CashFX Group intends to grow a large investor-sphere and include more people in its company. But is CashFX Group a credible company? Will it deliver on its contracts? Does CashFX Group default on payment packages? Learn the answers in this post.
Table of Contents
CashFX Group: Overview, Outline of CashFX ROI
First, you need to understand that CashFX Group is a conglomerate of several joint-MLM companies offering investment packages and other earning options through downlines and referral systems.
Second, CashFX (CFX) Group promises to pay 15% cumulative Return on Investment (ROI) weekly. The profit is the peak of a daily 0.2% – 2.5% daily tokens the company will supposedly remit to the customers.
And lastly, you can also earn through CFX Group Referral System. This is the trademark earning scheme of most Multi-Level-Marketing (MLM) firms globally. But the gnawing question is,
Is CashFX Legit or Scam?
To get answers to this question, you merely have to compute the total ROI accruing to you on a $17, 500 capital. With the CashFX payment scheme, you can become more than $2, 000, 000 rich in twelve (12) months.
Since the CashFX Group offers 15% ROI, you can expect at least 50% profit monthly. But the chancy financial instruments in digital markets makes this investment strategy unsustainable. You can visit the website to view the goals and investment packages.
Also, you can infer from the CashFX Group Investment description that the company does not insure against risks in your portfolio. Like other MLM platforms, the company offers investment at customers’ discretion, regardless of how naive they may be.
CashFX Group: Trade Licenses and Possible Issues
With fast-growing business affiliates in many countries, CashFX Group has come under the scrutiny of several regulatory bodies in Europe. Previously, the company claims to have licenses from these institutions:
- Financial Conduct Authority of London (FAC)
- Also, Financial Services Authority, Seychelles
- Lastly, the Financial Services Authority, Dubai (DFSA)
Currently, some of these offices allegedly offering trade licenses to CashFX are non-existent. And the rest have published public disclaimers detaching themselves from CashFX Group.
Further, some regulatory bodies in Australia even publish notices to the public to inform them of possible Ponzi schemes inherent in CashFX Investment Packages. Where does this leave CashFX Group? Well, you can guess but the company lies about having regulations from FAC in London.
Moreover, the Financial Conduct Authority, Great Britain advises the general public to discontinue investing with CashFX. This notice confirms the suspicion of many incredulous investors about the credibility of the platform. The British regulatory body says that CashFX does not use authorized financial trading procedures and that its investment package is likely a scam.
However, you can access the investment packages in the company if you still wish to trade with CashFX Group.
Owner of CashFX
The owner of CashFX, also its CEO, is Huascar Lopez.
Citing issues due to volatile market derivatives, Huascar Lopez says that the company loses money through Bitcoin recently.
Also, for more than a month, investors have not received their promised ROI from the company. Attempting to address this issue, Huascar Lopez says that CashFX Group will pay investors their profits gradually. At least it shows that CashFX can barely sustain the 200% or 400% ROI it promises.
Additionally, this exit from CashFX by investors shows that the company is going downhill. How can it continue to pay the 15% ROI if it loses money to FIAT daily? The answer is simple. CashFX Group may go bankrupt and make away with investors’ capital and profits.
What the Company Offers
Here is how it works.
CashFX has no tangible products that you can buy. Instead, it offers digital assets and allows you to invest in its Forex Trade stratagem.
Also, you can get more profit through CFX Referral Program. The list of services available on the official website also includes Forex Trade Education and Online Seminars/Webinars.
Further, the company accepts your payment of registration fees through Bitcoin. Then it proceeds to add you to the CFX Group Payment Matrix. This chart allows you to climb the referral rung to earn more points in your Bitcoin Binary Team.
CashFX Group has been paying investors until last year when it defaulted on due withdrawals. However, the investment packages remain unchanged. You only have to register on the website to get on a specific investment package.
Moreover, you can earn on a two-way investment scheme by:
- Signing up for a package with profit capping at 200% for passive investment.
- Earn as an affiliate through referrals (downlines and binary teams) with profit capping at 400% ROI.
- Here are the investment packages in the platform:
- Invest $300 on a 300 CFX Package
- $500 gets you on a CFX 500 Package
- $1000 gets you on a CFX 1k Package
- Accordingly, you can get CFX 2k and 5k packages for $2000 and $5000 investments.
- Further investments like 10k, 20k, 30k, 50k, and 100k require $10, 000, $20,000, $30,000, $50,000, and $100,000 investment capitals respectively.
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CashFX Group Updates
The pandemic left its mark on the Forex Markets. Since CashFX Group trades on FX and Cryptocurrency, it records glaring deficits in its portfolio.
Also, investors are pulling out their assets from the company. And the recent Facebook video from the company CEO attempting to rectify it confirms the massive withdrawals.
Further, CashFX Group continues to operate without vets from financial agencies. Although it may not pay up as promptly, or stop paying entirely, as before, there is no way to prove CashFX Group will go bankrupt.
Moreover, CashFX Group records more visits from the United States of America (USA) than any other demographic. So, if you wish to invest in this platform, use the sign-up/registration steps in the next section.
CashFX Group Sign-up/Registration
Register on CFX Group using the steps below:
- Go to cashfxgroup.com
- At the Homepage, Locate and Click on “Register”
- (A pop-up message directs you to get a referral link. Get the link and enter the CFX Registration portal to finish the sign-up process.)
- Then create a Username and a unique CashFX Password.
- Finally, click on sign-up/register.