Score

1.13 /10
Danger

CFX Fund

United Kingdom

1-2 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index4.05

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

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Broker Information

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Company Name

CFX Fund

Company Abbreviation

CFX Fund

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-10-05
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

CFX Fund · Company summary
CFX Fund Basic Information
Company Name CFX Fund
Headquarters United Kingdom
Regulations Not regulated
Account Types Platinum, premium, gold, silver, bronze accounts
Minimum Deposit $10000
Customer Support Email (support@cfxfund.com)Phone (+44-2038076239)

Overview of CFX Fund

Based in the United Kingdom, CFX Fund functions as an investment fund providing a range of account types tailored to suit the diverse needs and risk preferences of its clients. These account options, such as Platinum, Premium, Gold, Silver, and Bronze accounts, accommodate investors with varying investment objectives and risk tolerances. However, it's crucial to emphasize that CFX Fund operates without regulatory oversight, indicating the absence of supervision from established financial regulatory bodies.

Overview of CFX Fund

Is CFX Fund Legit?

CFX Fund is not regulated. It's crucial to highlight that CFX Fund operates without regulation, indicating the absence of supervision from recognized financial regulatory authorities. Traders should proceed with caution and fully understand the risks involved when contemplating trading with an unregulated broker like CFX Fund. Such brokers may offer limited avenues for dispute resolution, potentially raising concerns about the safety and security of funds, and may lack transparency in their business practices.

Is CFX Fund Legit?

Pros and Cons

CFX Fund provides traders with a variety of account types, catering to different investment preferences and risk tolerances, which enhances flexibility and choice. However, it's essential to note that CFX Fund operates without regulatory oversight, which may expose traders to potential risks associated with unregulated investment activities. Additionally, the lack of clear information on spreads and commissions can hinder traders' ability to make informed decisions. Furthermore, encountering difficulties in accessing the website can disrupt the overall investment experience, potentially causing frustration and inconvenience for traders. Moreover, CFX Fund imposes high minimum deposits, which may pose a barrier to entry for some investors.

Pros Cons
  • Four types of trading accounts to choose from
  • Operates without regulatory oversight, potentially exposing traders to risks
  • the lack of clear information on spreads and commissions
  • Unable to access the website
  • High minimum deposits

Account Types

CFX Fund offers four types of trading accounts tailored to meet the diverse investment needs of its clients.

The Platinum account is designed for high-net-worth investors, with a minimum deposit requirement of $250,000.

The Premium account caters to investors with substantial capital, requiring a minimum deposit of $100,000.

For investors seeking mid-range options, the Gold account has a minimum deposit of $50,000, while the Silver account requires a minimum deposit of $25,000.

Additionally, the Bronze account offers a more accessible entry point for investors, with a minimum deposit requirement of $10,000.

Account Types

Customer Support

Traders can reach out to the support team via email atsupport@cfxfund.com for prompt assistance with any queries they may have. Additionally, clients can also contact CFX Fund's customer support team directly by phone at +44-2038076239.

Customer Support

Conclusion

In conclusion, while CFX Fund offers a variety of account types and trading instruments, the absence of regulatory oversight, limited educational resources, unclear policies, website accessibility issues, and high minimum deposits pose potential risks for traders. It's crucial for traders to research thoroughly before engaging with CFX Fund to ensure a safer investment experience.

FAQs

Q: Is CFX Fund regulated?

A: No, CFX Fund operates without regulation, meaning it lacks oversight from recognized financial regulatory authorities.

Q: What account types does CFX Fund offer?

A: CFX Fund provides various account types, including Platinum, Premium, Gold, Silver, and Bronze accounts, catering to different investment preferences and experience levels.

Q: How can I contact CFX Fund's customer support?

A: You can reach CFX Fund's customer support primarily through email at support@cfxfund.com. Additionally, you can contact their support team directly by phone at +44-2038076239.

Risk Warning

Trading online carries substantial risk, and there's a possibility of losing your entire investment. It's important to recognize that trading may not be suitable for everyone, and it's crucial to understand the associated risks. Additionally, the information provided here is subject to change as the company updates its services and policies. Considering this, it's advisable to verify any updated information directly with the company before making any decisions. Ultimately, the responsibility for using the information in this review lies with the reader.

News

ExposureCanada's Watchdog Warns Against CFX FUND

Canada’s CSA issued a warning against CFX Fund, advising investors to be cautious. The regulatory authority highlighted concerns regarding the company's operations and urged the public to refrain from engaging in any financial activities with CFX Fund.

WikiFX
2024-05-15 17:34
Canada's Watchdog Warns Against CFX FUND

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