Scam
Cash FX Group
Contact
RBS Tower - Ave. Balboa, Ramón H. Jurado St, 9th Floor, Punta Paitilla, Panama
Regulatory & Licensing Information:
Regulatory Status and Concerns: Cash FX Group is not authorized or registered by major financial regulatory authorities. Several regulatory bodies have issued warnings against the company: Financial Conduct Authority (FCA), UK: Issued a warning stating that Cash FX Group is not authorized to provide financial services in the UK. FCA Financial Markets Authority (FMA), New Zealand: Advised caution when dealing with Cash FX Group, noting that multiple regulators have issued warnings or placed the company on their investor caution lists. FMA Australian Securities and Investments Commission (ASIC): Alerted investors about a suspicious investment opportunity from Cash FX Group, highlighting that the company is not licensed to provide financial services in Australia. ASIC User Reviews and Complaints: Numerous users have reported negative experiences with Cash FX Group, including: Withdrawal Issues: Difficulties in withdrawing funds and unresponsive customer support. CEL SOLICITORS Misleading Claims: Promises of high returns that were not delivered, leading to financial losses. SCAM RISK Red Flags and Warning Signs: Lack of Regulation: Operating without authorization from major financial regulators. Regulatory Warnings: Multiple warnings issued by financial authorities across different countries. Negative User Feedback: Consistent reports of withdrawal issues and unmet promises. Conclusion: Given the lack of regulatory oversight, multiple warnings from financial authorities, and numerous user complaints, Cash FX Group exhibits several characteristics commonly associated with scam brokers. Potential investors are strongly advised to exercise caution and conduct thorough due diligence before engaging with this platform
Tags:
scam broker , unregulated broker , scam warning
Account & Cost
Trading Platforms | NA |
---|---|
Minimum Deposit | NA |
Deposit Options | NA |
Withdrawal Options | NA |
Max Leverage | NA |
Minimum Trade Volume | NA |
Margin Call Level | NA |
Stop Out Level | NA |
Commission | NA |
Spread Type | NA |
Account Currencies | NA |
Trading Instruments | N/A |
Special Promotions | N/A |
Additional Features | NA |
Customer Support | N/A |
Islamic | ✘ |
EA | ✘ |
Hedging | ✘ |
Scalping | ✘ |
NBP | ✘ |