Abstract:CFX, a trading name of Cash Forex Group, is allegedly a forex broker based in Panama under the registration of RUC that provides its clients with a web-based trading platform, various tradable assets, a choice of 17 different investment plans, as well as Expert Advisors and copy trading services, and 24/5 customer support service.
General Information
CFX, a trading name of Cash Forex Group, is allegedly a forex broker based in Panama under the registration of RUC that provides its clients with a web-based trading platform, various tradable assets, a choice of 17 different investment plans, as well as Expert Advisors and copy trading services, and 24/5 customer support service.
Market Instruments
CFX advertises that it mainly offers three different asset classes in financial markets, including forex, commodities and cryptocurrencies.
Investment Plans
There are 17 investment plans offered by CFX, consisting of 2 academy plans, 5 elemental plans, 5 advanced plans and 5 supreme plans. Starting elemental plans require the minimum investment amount of $150; the advanced plans require the minimum investment amount of $3,500; and the supreme plans with a much higher minimum initial capital requirement of $21,000.




Trading Platform Available
When it comes to trading platforms available,CFX gives traders a web-based trading platform. We suggest you use MetaTrader4 or MetaTrader5 as the trading platform. As most traders know, the MT4 and MT5 are known as the most successful, efficient, and competent forex trading software. The MT4 offers an intuitive and user-friendly interface, advanced charting and analysis tools, as well as copy and auto-trade options. While the MT5 allows traders to execute trades on different financial markets through a single account and there is a hedging option.
Deposit & Withdrawal
CFX accepts deposits and withdrawals with Bitcoin only. No minimum deposit or withdrawal amount is specified, but each withdrawal will be subject to a withdrawal fee of 20%.
Customer Support
CFX‘s customer support can be reached by email: support@cashfxgroup.com or send messages online to get in touch. Besides, you can also follow this broker on some social media platforms like Facebook, Instagram, Twitter, YouTube, LinkedIn and Telegram. Company address: RBS Tower - Ave. Balboa, Ramón H. Jurado St, 9th floor, Punta Paitilla, Panama. However, this broker doesn’t disclose other more direct contact information like telephone numbers while most brokers offer.

We all love trading geniuses and their strategies that earn them profits season after season. And we also love following them to make our investment journey seamless. Copy trading is one such tactic that beginners employ to enter the forex market. What do most of them usually do? They pick an experienced investor from the list and let the platform replicate every trade automatically. The fact that experienced traders continually earn profits, the feeling of copying their trades remains intense. However, the uncertain forex landscape can bite you hard by simply copying trades and not focusing on technical analysis and the charts during the day. Beginners can have a set of preconceived notions that can potentially open the gate for losses. In this article, we have highlighted such mistakes traders should avoid.

amari Capital, a Saint Lucia-based brokerage firm, may have limited user feedback. However, users only highlight the cons that warrant immediate attention from the broker officials to prevent a further dip in its trust score, which already sits at a low of 1.80 out of 10, according to the WikiFX data. Users have openly claimed foul play while trading on the platform. This amari Capital review aims to uncover those allegations against the broker.

Forex traders often wonder why the same currency pair, for instance, EUR/USD, shows 1.17450 on one broker but 1.17455 on another. This difference creates suspicion among traders, often leading to wrong calls and losses. Calm your nerves first by understanding that small price variations are normal and are a reflection of the global forex market’s operation. The forex market is decentralized with no single exchange or official price for any currency pair. That is some revelation for new forex traders. So, what’s the methodology for price determination? It is derived from an expanded network of financial institutions, banks, liquidity providers and brokers globally. So, as a forex trader, you must understand the price structure thoroughly to stay out of unnecessary chaos and continue to reap rewards.

Whether it’s South Asia, Western Asia, Europe or America, users all over are basically asking this: Why is VITTAVERSE cancelling my profits without providing any evidence? While they may be user allegations, a large volume of such complaints creates suspicion, if not affirmation, about the broker’s alleged involvement in profit cancellations. Users also complained about massive withdrawal delays in the name of ‘Account Review’ or ‘Account Upgrade’. This VITTAVERSE review article closely examines user allegations, including those concerning profit deletions, by the Seychelles-based brokerage firm. To give you a fair idea of its legitimacy, we have also provided a regulatory overview of the broker.