Report a Scam and File a Chargeback Against CashFXGroup

File a Complaint against CashFXGroup

Is CashFXGroup a Scam Broker? 

“Expanding Possibilities, Achieving the impossible.” Some people may find this slogan on CashFXGroup’s site inspiring, but others would see such extravagant statements as a red flag. Reliable brokers do not promise the “impossible.” A hallmark trait of broker scams is guarantees of impossible returns. Any broker who claims to return 20% per month like CashFXGroup should have a strong license and background to bolster the claim. 

Is CashFXGroup a Scam or Legit Broker?

CashFXGroup does not have a license to back up the claim of 20% monthly returns. In fact, no license can justify this fantasy. Not only is CashFXGroup not licensed, but it has received a warning from the ASIC that the broker is unregulated and should be avoided. Always avoid brokers that promise ridiculous returns and have no license. Do the research and look for another broker with a license and that is run by qualified financial professionals. 

Here are some problems we have discovered from our research on CashFXGroup and reviews:  

  • No license
  • Warning from ASIC
  • Guarantees of impossible returns
  • No visibility into who runs the company
  • Bad reviews

ChargeBax experts have examined CashFXGroup and have discovered that it is a scam. If you want to trade, do some research and select only a regulated broker. If you need assistance finding a reliable broker or require fund recovery from a scam broker, consult with our professionals right away. 

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