Who is behind Cashfx?

Cash FX Group is led by Huascar Lopez, CEO of the company. He is reported to be from the Dominican Republic, and on Youtube he appears in several clips where he is interviewed by company members.

How does Cashfx make money?

Here is what one of its British promoters says: ‘CashFX has always paid a daily return of between 2 per cent and 3 per cent, which is capped at 15 per cent passive income each week; this is from trading which is done on your behalf – you can literally set it up and forget it.

Is CFX legitimate?

Yes, CFX BROKER is regulated by the Federal Financial Supervisory Authority (BaFin). Is CFX BROKER a recommended forex trading broker for experts and beginners? CFX BROKER offers a fair trading environment for all types of traders.

Is CashFX registered?

It is not regulated, stay away from it! If you want to trade financial markets, start on a free demo account with a regulated broker.

How do I cancel my FX account?

Call or write the professional who manages your FOREX account and request an account termination form. Your representative will have all of the information needed to close your account. Your representative might ask about why you are closing your account and urge you to keep your account open.

Who is the CEO of CashFX?

CHARLES nwokoro –
CHARLES nwokoro – Principal Chief Executive Officer – Cashfx Group – Nigeria | LinkedIn.

Is CashFX registered in South Africa?

CFX is not regulated by the FSCA and are not registered to give financial advice in South Africa. CFX supposedly does presentations in South Africa to members of the public and offers different training packages.

How do I close my FX cash account?

Is cashfx safe to deposit money?

The regulator said that CashFX is providing investment services without the necessary authorization and advised the public to stay away from it. This is a very serious argument. It would be very unwise to deposit money with an unregulated and basically anonymous entity, because it would not be protected in any way.

Is cash FX Group a good broker?

Cash FX Group has a nice website though, but it’s the single positive comment that we will make. Find out why in the full Cash FX Group review. Cash FX Group is a broker that originates in Panama- an offshore jurisdiction that poorly regulates its financial sector.

Why does cashfx need to be regulated?

And it is CashFX Group that needs to be regulated because it is offering investment services (as confirmed by the FCA, see below). The reality is that it has no license whatsoever, so it cannot offer investment services legally in most countries.

Who is the owner of cashfx?

Cash FX Group’s website domain (“cashfxgroup.com”) was privately registered on March 4th, 2019. Update 13th October 2019 – CashFX affiliates are citing Huascar Lopez as founder and CEO of the company. As best I can make out, Lopez appears to be from the Dominican Republic.