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CFx Trading -

Score

1.34 /10
Danger

CFx Trading

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://cfxtrade.org

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Score

Regulatory Index0.00

Business Index5.70

Risk Management Index0.00

Software Index4.00

License Index0.00

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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 : 2024-11-19
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

CFx Trading · Company summary

Risk Warning

Online trading involves significant risk, and you may lose all of 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 in this article is for general information purposes only.

General Information & Regulation

Feature Detail
Regulation No regulation
Market Instrument Forex, stocks, commodities and cryptocurrencies
Account Type N/A
Demo Account N/A
Maximum Leverage N/A
Spread N/A
Commission no
Trading Platform N/A
Minimum Deposit $500
Deposit & Withdrawal Method Popular methods: Bitcoin, Ethereum, Litecoin, Bank transfer

CFx Trading is allegedly a multi-asset broker registered in the United Kingdom that claims to provide its clients with various tradable financial instruments with tight spreads and no commissions, as well as 24/5 customer support service. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, it has been verified that CFx Trading currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.02/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

CFx Trading advertises that it offers access to a wide range of trading instruments in financial markets, including forex, stocks, commodities and cryptocurrencies.

Spreads& Commissions

CFx Trading claims to offer tight spreads and no commissions.

Deposit & Withdrawal

CFx Trading says to work with numerous means of deposit and withdrawal choices, consisting of Popular methods: Bitcoin, Ethereum, Litecoin, and Bank transfer. ·Minimum investment balance is the equivalent of $500. No deposit and withdrawal commission fee is charged.

Customer Support

CFx Tradings customer support can be reached by telephone: +44 786 8761 503, email: support@cfxtrade.org or send messages online to get in touch. Company address: 15 Corley Avenue, Birmingham, England, B31 3UH.

Pros & Cons

Pros Cons
• a variety of trading assets • No regulation
• Lack of transparency
• High minimum deposit ($500)

Frequently Asked Questions (FAQs)

Q 1: Is CFx Trading regulated？
A 1: No. It has been verified that CFx Trading currently has no valid regulation.
Q 2: What is the minimum deposit for CFx Trading？
A 2: The minimum initial deposit at CFx Trading is said to be $500.
Q 3: Does CFx Trading charge a fee？
A 3: Like every forex broker, CFx Trading charges a spread fee. But no commission is charged.
Q 4: Is CFx Trading a good broker for beginners？
A 4: No. CFx Trading is not a good choice for beginners. Not only because of its unregulated condition, but also because of its lack of transparency and high initial deposit.

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河北团车
more than one year
I just created an account and didn’t upload the required documents yet. I first want to see if I can withdraw my money. If this works then I would be willing to explore further.
I just created an account and didn’t upload the required documents yet. I first want to see if I can withdraw my money. If this works then I would be willing to explore further.
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2023-02-14 11:00
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frank18881
more than one year
Customer service were very poor, and it seemed like automated messages for the most part. Thankfully i didn’t upgrade to the higher package… I would not have been scammed out of more money.
Customer service were very poor, and it seemed like automated messages for the most part. Thankfully i didn’t upgrade to the higher package… I would not have been scammed out of more money.
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2022-12-19 14:00
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