Abstract: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.
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:
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.
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. |
In the digital era, social media platforms have become a double-edged sword. While they connect millions of users worldwide, they have also evolved into a breeding ground for fraudulent investment schemes. Criminals exploit these platforms to lure unsuspecting victims with promises of quick and high returns.
Fear and greed are the two biggest emotions traders face. These feelings can lead to poor decisions. Many traders fail because they let their emotions take over. If you want to succeed, you must learn to control them.
Know how to identify support and resistance levels like a pro with expert tips, tools, and strategies for successful trading. Master chart analysis today!
Many traders want to make money without spending too much time learning. Copy trading seems like an easy way to do this. It allows you to copy the trades of experienced traders. You follow their moves, and your account mirrors their actions. It sounds simple. But is it really safe?