Score

1.54 /10
Danger

CASH

United States

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 2

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.21

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

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

open now

Broker Information

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Company Name

CASH Ltd

Company Abbreviation

CASH

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
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CASH · Company summary

General Information& Regulation

CASH Ltd. is a professional Forex trading platform directly facing individual traders under CASH TECHNOLOGY LIMITED. The latter has registered its Money Services Business (MSB) with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) under the Registration No. M19086583.

Market Instruments

CASH offers investors a range of financial instruments, including Forex, gold/silver, crude oil/natural gas, index CFDs, and cryptocurrencies.

STP Model

CASH is a broker that operates on a Straight-Through-Process (STP) basis. The STP model allows all clients to trade anonymously, without discrimination based on transaction method or capital size, ensuring the same market price, spread and liquidity.

Leverage & Spreads

Users can trade 27 currency pairs at CASH with 10,000 currency units at a time. According to the official website, CASH offers leverage trading ranging from 1:100 to 1:500. In addition, the trader advertises that it offers low spreads, with customers able to enjoy trading from 0 spreads on EUR/US and 0.9 spreads on gold/USD.

Trading System

All orders traded on CASH are traded through the Currenex (CNX) trading system. This allows traders to have direct access to the real international interbank foreign exchange market with a daily trading volume of trillions of dollars and enjoy professional trading with low trading costs and quick execution.

Trading Platform

CASH provides clients with access to the world's financial markets via the MetaTrader 5 (MT5) platform. MT5, the most widely used investment trading platform in the world, is one of the most widely used software for receiving quotes for trading in the market today. At the same time, MT5 supports the use of computer browsers and mobile applications.

Deposit & Withdrawal

Clients can make deposits via UnionPay card or bank wire transfer with a minimum deposit amount of 500 USD. The former is applicable to RMB deposits and the latter is applicable to large USD deposits. In addition, CASH does not charge any fees for deposits, but there are no specific disclosures regarding withdrawal methods or fees.

Trading Hours

Customers can use the client portal and website at any time, but trading hours depend on the specific market. CASH lists the opening hours for each asset in its product description, for example, Forex can be traded from 21:05 on Sunday to 20:58 on Friday, with Monday to Thursday being closed from 20:58 to 21:05 each day.

Customer Support

CASH creates a number of services for traders, including operational technical analysis, trading strategy reference, and community interaction. In addition, CASH will launch bonus, trading points, financial travel and other value-added promotional activities for investors.

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