Cash Forex Group Spreads, leverage, minimum deposit Revealed

WikiFX | 2023-02-10 17:01

Abstract：Cash Forex Group is registered in China and appears to be a fraudulent broker without any credible regulation, with a history of no more than 5 years. Unfortunately, we could not find any more detailed information about this broker on the internet. Therefore, we recommend that you do not deal with such a low-information broker right off the bat and always consult WikiFX to get at least a basic understanding of a broker.

Registered in	China
Regulated by	No effective regulation at this time
Year(s) of establishment	2-5 years
Trading instruments	Information not available
Minimum Initial Deposit	Information not available
Maximum Leverage	Information not available
Minimum spread	Information not available
Trading platform	Information not available
Deposit and withdrawal method	Information not available
Customer Service	Email, address, social medias
Fraud Complaints Exposure	Yes

　　Note: At this time, we only have a cursory look at Cash Forex Group as the company's official website (https://www.cashfxgroup.com/ ) does not open properly.

　　Risk Warning

　　Online trading involves huge risks and you can lose all 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 herein is for general information purposes only.

　　Screenshot time: 02/09/2023

　　The scores provided by WikiFX are dynamic and track the broker's movements in real time, so the scores screened at the current time are not indicative of past or future scores.

　　General information and regulations

　　Cash Forex Group is registered in China and appears to be a fraudulent broker without any credible regulation, with a history of no more than 5 years. Unfortunately, we could not find any more detailed information about this broker on the internet. Therefore, we recommend that you do not deal with such a low-information broker right off the bat and always consult WikiFX to get at least a basic understanding of a broker.

　　When choosing a forex broker, you should know that a regulatory license does not necessarily guarantee the reliability of a broker as it may be an expired or cloned regulatory license, but a broker without any regulatory license has a high probability of being unreliable.

　　Customer support

　　The support service provided by Cash Forex Group is not very extensive. It can only be accessed via email, address and social medias. Since the company's website is not currently open, we do not know if it offers other services such as live chat, callback, FAQ, 24/7 or 24/5 service, etc.

　　Below are the details about the customer service.

　　Email: support@cashfxgroup.com

　　Address: RBS Tower - Ave. Balboa, Ramón H. Jurado St, 9th floor, Punta Paitilla, Panama.

　　Social media: Facebook, Instagram, LinkedIn, YouTube, twitter

　　Users exposures

　　On our website, you can see that some users have reported scams. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.