WaterCFX is a broker that has no license and reveals very little information about itself. A lack of transparency is usually a sign of other problems. Why would a regulated broker want to be evasive if they are regulated, legitimate, and have a solid reputation? The only reason a broker would want to be evasive is if there is something to hide. What does WaterCFX have to hide? We’ve only scratched the surface, but it’s clear that it’s best to stay away.
We Have Found Some Problems with WaterCFX
One thing WaterCFX may have to hide is that it has no license. It also has plenty of negative reviews about it. There may be other issues that we don’t know about WaterCFX, but there certainly isn’t a reason to trust this broker. Therefore, we don’t recommend that you open a brokerage account with WaterCFX and instead urge you to do in-depth research and choose a broker that is reliable.
Here Are Some WaterCFX Flags:
No transparency
No contact information
False claims
Not regulated
Bad reviews
What Should You Do If You Have an Account with WaterCFX?
We do not recommend opening an account with WaterCFX. If you do hold an account with this broker, close it right away and ask for a withdrawal of your funds. If the broker will not allow you to retrieve your funds, talk to ChargeBax professionals right away. We will investigate the matter, track down the broker and your funds, and will help you prepare your claim.
