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cashfxgroup.com Review

cashfxgroup.com

Tags:  Investment
5/55 votes
Last update: 2023-03-06
Remark: Reported ponzi scheme
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Lee Pritchard
150 Followers   1 Review
Last Update: 2022-07-30
My experience with the program so far

This has been amazing for me and my family, starting at just 300 dollars and now 20000 dollars in 2 years, with no extra investment, just keep compounding up the ranks

What I Like

It pays every saturday into your backoffice

What I Dislike

All the security you have to get through, but that's beneficial to us as account holders. Right?

Final Verdict

Look at the page, then and buy a package, this is the easiest way to make passive income, let the pros trade for you and just sit back and watch the money roll in. 300,000 members can't be wrong
Is this review useful?
5.02022-07-303
Zenola
72 Followers   1 Review
Last Update: 2021-04-27
I joined Cash FX in November 2020. I joined because a colleague of mine had joined several months earlier and was already making money from the system. In fact, he was earning money daily, five days a week, and being paid every Saturday. I joined at the lowest package which was $300. Let me tell you, three days after I joined I begin receiving an. Average of $11 a week on that $300. This is amazing because compared to a bank, I don't get this type of interest on $ 10,000 savings in the bank. I have already sent $100 to my bitcoin wallet and I am about to send another hundred in another week and I did nothing but invest that $300.

What I Like

What I like most about the system is that you don't have to invest another dollar in the system. You can leverage the system and keep upgrading until you have the highest investment of $100,000. The payout is enormous!

What I Dislike

There is nothing so far I dislike about the system

Final Verdict

I rate this system as the best investment system I have seen in years. I believe everyone looking for a bright financial future should invest in this system.
Is this review useful? 1
5.02021-04-273
Gary Nugent
251 Followers   1 Review
Last Update: 2021-04-15
Cash FX is an online investment program.

It takes 70% of the investment you make, adds that to the trading pool from all other members and trades that money on the foreign exchange market (Forex) on your behalf.

Each day, it returns about 1% of your initial investment.

Your investment contract lasts until you've made a 200% return (doubled your money).

Alternatively, before you reach that 200% return, you can use your earnings to upgrade to the next contract level.

In this case, you only pay the difference between contract prices, and not the full price of the next contract level.

If you let your contract expire when it caps out at 200%, then you would need to pay full price for a new contract.

Contracts start at $300 and go all the way up to $100,000.

As I mentioned, 70% of your investment goes into the trading pool. The other 30% is used for paying out a 15% fast start bonus to the person that referred you and for other ways of earning within the program.

There is also an MLM aspect to this program where you earn from people several levels deep who you refer and who they refer, and so on.

How many levels you earn from depends on what's called your Leadership Level.

This is basically a points system where you earn points from having people come in under you on all your levels.

My Experience With The Program So Far

I was dubious about this program to begin with.

It sounds like a classic Ponzi scheme where the fees of new members are used to pay the commissions of existing members.

However, the investment aspect of the program is real and carried out by professional Forex traders.

You can even follow their trades in real time and can copy their trades (with your own money outside of the program) if you so wish.

I've been with the program for 8 weeks now.

I signed up for the minimum $300 investment and have averaged about a 1% return each day.

Something like $400,000,000 has been paid out to members since the company was founded.

What I Like

  • While $300 is a lot of money to some people, it's a comparatively low amount to start an investment like this with.
  • You don't have to buy a contract immediately. You can sign up as a free member, take a look at the member's area and learn more about Cash FX before committing any money to this.
  • Investment contracts are a one-time investment and there are no monthly fees required.
  • It's consistently earned around 1% of my investment per day since I joined.
  • You don't have to refer new people if you don't want to; you will still earn daily returns from the trading pool.
  • New members can only join under existing members - the company will not allow people to join directly on the company site.
  • Deposits and Withdrawals are actually made in Bitcoin. If you hold on to your Bitcoin withdrawals, its value could go up substantially if the price of Bitcoin continues to increase.
  • You have to withdraw funds from your account to your Bitcoin wallet before you can upgrade an existing contract. That means money isn't tied up in the system and this procedure adheres to various governments' regulations regarding reinvestments.
  • The team I've joined provides weekly online training sessions and a lot of material you can use to promote the program.

What I Dislike

  • You can only buy investment contracts with Bitcoin. This is going to put off some potential investors who know nothing about cryptocurrencies, how to buy them or transfer them to another account.
  • There's a 20% withdrawal fee. That seems excessive. However, those fees do not go to the company. They go into other ways of paying out commissions to members. But it's still something to keep in mind.
  • The minimum withdrawal amount is $100, though with the 20% fee, you'd only receive $80 worth of Bitcoin.
  • Cash FX are not accepting new members from certain countries including the USA and Canada. However, you can use a VPN to circumvent that issue.
  • Earnings essentially come from two sources - your trading pool investment and by referring others. While it's not necessary to recruit, some of the earning channels only become available once you recruit at least 1 new member.
  • The company was founded in Panama, so it's outside of the usual financial regulatory bodies. That means you'd have less protection and not much chance of getting your investment back, should things go bad.
  • Some countries have issued warning notices advising people not to invest with the company as they're not regulated.

Final Verdict

I had $300 I was willing to invest and, more importantly, willing to lose on this.

All investments are risky and this is certainly more risky than those offered by regular, traditional financial institutions.

Only join this if you can afford to lose the money you invest. Don't beg, borrow or steal to raise the capital to invest because, if it all goes south, you're the one who'll be left in debt and carrying the can.

That said, this could be a financial game-changer. With great risk can come great reward.

Many members have provided testimonials about how Cash FX has changed their finances for the better.

They've been able to give up their day jobs or replace an income they lost due to being made redundant.

Or they've been able to supplement an income that's been reduced due to consequences of the pandemic.

For me, the investment was worth the risk. For you, it may be different.
Is this review useful? 1
4.02021-04-154
Tau Geno Hoire
1 Follower   1 Review
Last Update: 2021-11-27
Cashfx Group offers 15 forex trade contract packages payable only in Bitcoin. You can start at any package level.

The packages are $300, $500, $1,000, $2,000, $3,000, $5,000, $7,000, $10,000, $15,000, $20,000, $30,000, $40,000, $50,000, $70,000 and $100,000.

The company offers a 200% Return of Investment (ROI) on your investment. You will earn 1 - 3% profit every weekday until you reach 200% of the investment capital or when you reach the required amount to upgrade to the next package.

What I like about this program is that you can start with a $300 one time out of pocket expense and upgrade up the next 14 levels using the profits earned.

It is passive income as expert traders trade for you. You simply receive profits every weekday.

This is not a get rich scheme as it takes about 5 years to reach the 15th level where $70,000 will be traded for you while you earn $28,000 every week.

The only thing I dislike is that it takes more than a week for a withdrawal to be completed. You need to withdraw BTC to your wallet to transfer back to Cashfx to upgrade.

My final verdict is that I have witnessed many people in my country (Papua New Guinea) benefit from this program. We now have about two Papua New Guineans who completed 15 levels and are now earning passive income on weekly basis.

For more information or to register, click on the link provided.

To your success
Tau
Is this review useful? 1
4.02021-11-274
Rob Ritter
160 Followers   7 Reviews
View my top recommendations

My Top Recommendations

Last Update: 2023-03-09
My experience with the program so far

I must be honest here. I was skeptical at first. It is not my nature to be skeptical, but I had been scammed by some very professional people in this particular space. (Forex and Crypto) I had watched a few videos and saw all the typical click bait scam stuff on Youtube, and the company had a very good review that totally addressed these click junkies for what they were, hucksters.

I wanted to speak with a person, and my sponsor was not exactly the most communicative person in the world. I like him, but he's just not focused on providing the kind of support I need. What happened next is why I decided to give this a go. His sponsor reached out to me. At first, I thought she was going to try to sign me under her, but surprisingly she did not. Which means, she wants to help her team succeed. And she knows that by helping her team succeed, she will succeed too. This was a first in the many years I have been doing this kind of business. She even agreed to hop on a quick zoom call to answer a few questions. Nice. Another box ticked.

Then, she proceeded to tell me that she had replicated a beautiful website and was going to send me the login details. WOW! Not a penny out of pocket yet. But, like I said I was skeptical. Let's just see how this goes.

What I Like

What I like most about CFX is this team that I am on. There are other amazing teams in this business, but I really love all the support this team provides to anyone who is on it.

The thing that blew me away was their claim that I would be earning within 72 business hours. I thought "yeah, right, where have I heard that before. " Nobody was more shocked than me when the following Saturday (payday) I had a small sum in my account. Doing the math, I figured with my small seed capital, it would take me about 4 years (without building a team) to reach the top spot in the comp plan. Many people are getting there much faster by simply sharing it with others. And, there's plenty of social proof to that fact.

What I Dislike

One thing (and it's not a small thing) is, it is very difficult for you to fund this currently. It took a lot of instruction and doing my own research to figure out a way to put money in my account. The company has stated that this issue is being worked on and will be fixed soon. I believe them when they say that, because they haven't been wrong yet.

At first I didn't like the withdrawal fee. Until I saw how ingenious it was. Because it literally forces everyone to move forward and when you upgrade or cash out, everybody gets a payday. One of the hardest things to do in most MLM companies is to keep your team moving forward. Again, pure genius the way this was designed.

Final Verdict

My final verdict is a very pleasantly surprised 5 stars. I'm looking forward to meeting many more people and in growing a team of other Entrepreneurs who can see the vision of this company.

Update

This program has earned me commissions every week since I've started. I have no complaints at all with that.
Is this review useful?
5.02023-03-094