Cash FX Group Review 2023, is CashFX Group a Scam?

As we delve into the labyrinth of online trading, our exploratory journey brings us to the doorstep of a particularly intriguing entity – the Cash FX Group. This digital entity, a creation of business enthusiasts Huascar Lopez and Edwin Abad, has been the subject of much chatter in the virtual world of finance​. Is it a beacon of hope for those eager to increase their wealth through the labyrinthine world of forex trading, or merely an illusion designed to draw in the unsuspecting? Our expedition today will unearth the truth behind this enigmatic organization, dissecting its inner workings, dissecting its promises, and revealing the voices of those who have ventured into its domain.

As we navigate this complex web, we aim to determine – is the Cash FX Group a golden opportunity or an elaborate scam?

Are they launching a new app?

Sending out new debit cards?

Has anyone been paid?

Buckle up, dear reader, as we embark on this captivating quest into the heart of the Cash FX Group.

I've created 5 other articles about Cash FX in the past, they can be viewed at TonyLeeHamilton,com by clicking on any of the Blue links below……

You can also view many other articles and/or YouTube videos by visiting this link!

What is Cash FX Group?

The Cash FX Group, a multi-tiered marketing behemoth, presents itself as a golden gateway to the world of riches through the volatile yet potentially lucrative realm of foreign exchange or ‘forex' trading. They paint a vision of a comprehensive forex experience, a dream that they claim to have always strived for, encompassing a full spectrum of services from fully automated forex participation to a widespread global membership​.

At the core of their operation is an investment opportunity adorned with financial trading education levels that mirror the cost of entry at each tier. They assert that their alliance with the finest cadre of international traders, with a cumulative experience of over 15 years, can equip you with the knowledge and tools required to profit from the world's most substantial financial market.

In their educational arsenal is the Cash FX Academy, a training institution purportedly designed to elevate your forex trading skills. The business model they put forth is a fusion of assisted trading systems intertwined with algorithms in the forex market, network marketing, and interactive educational programs. This amalgamation, they assert, will provide their global membership with a unique, one-of-a-kind experience.

Thus, the Cash FX Group positions itself as not just a platform but a comprehensive ecosystem that merges automated tools and a global community, offering multiple avenues to profit from the titanic forex market.

TrustPilot has over 2,000 individual reviews with Cash FX Group scoring a 2.2 out of 5 rating…….

How Does Cash FX Group Work?

Embarking upon your journey with CashFX Group begins with the creation of an account and the selection of a Trading Pack. These packs, like stepping stones, are categorized into three distinct series – The Elemental, The Advanced, and The Supreme Series. Each series signifies a different level of engagement, a different depth of immersion in the forex trading world, with the cost of these packs ranging from a modest $300 to a whopping $100,000​.

Once you plunge into this financial pool by purchasing a Trading Pack, your investment is split into two channels. Approximately 30% of your payment goes towards the academy pack, a doorway to an array of educational resources that strive to equip you with knowledge about the forex market. The remaining 70%, the lion's share of your investment, gets funneled directly into the trading pool. This segregation is referred to as the 30/70 split, a fundamental part of the Cash FX Group's modus operandi​​.

The company's promise is that their automated trading systems, fused with their interactive educational programs, will work in tandem to turn this investment into profits. As a member, your role in this complex dance is to essentially watch as their system, guided by their expert team of traders, maneuvers through the tumultuous seas of forex trading to generate returns on your investment.

In essence, the Cash FX Group presents itself as a vessel, a conduit that takes your investment, applies its trading and educational machinery to it, and promises to return you profits, all while you sit back and observe the process unfold.

Pros and Cons of Cash FX Group

Cash FX Group, like every other venture in the business world, brings to the table its own set of strengths and weaknesses, a unique blend of advantages and disadvantages that shape the overall experience of being a part of this trading platform.

On the brighter side, one of the alluring facets of the Cash FX Group is the impressive results that its students have reportedly achieved. This might indicate a degree of efficacy in their training programs and their overall system. Their advisory role has also been lauded as excellent, suggesting that they offer valuable guidance to their members. Adding to their positive attributes is the transparency they claim to maintain in their operations, an element that often inspires trust among investors​​.

However, these glowing aspects are juxtaposed with some potentially troubling cons. Among these, the existence of negative reviews about the Cash FX Group is a red flag that cannot be ignored. These reviews, coming from real users, offer a glimpse into potential issues with the platform. Another area of concern is their sales approach, which has been criticized as being pushy. This aggressive salesmanship can often lead to hasty and uninformed decisions by prospective investors. Lastly, there have been concerns raised about the company's practice of collecting money from people, an action that may be construed as suspicious or unethical in certain contexts​​.

Thus, while the CashFX Group does present some enticing pros, it is crucial to take into account the cons that have been reported before deciding to invest. It is always advised to undertake a thorough investigation and make an informed decision based on a holistic view of all available information.

Customer Reviews and Experiences

The realm of customer feedback reveals a diverse spectrum of experiences and perspectives regarding the Cash FX Group. A glance at the average rating on Trustindex.io shows a score of 2.5 based on 2232 reviews, hinting at a mixed bag of opinions​.

Some reviewers have shared harrowing tales of alleged scams, painting a picture of financial distress and disappointment. They speak of an inability to withdraw their earnings, sometimes even after years of involvement with the platform. Accounts of blocked access and lost investments paint a worrying portrait of potential financial mismanagement and misconduct​​.

Simultaneously, there are stories of customers who managed to retrieve their funds with the help of third-party services. These tales often come with a warning about the necessity of due diligence before investing in platforms like Cash FX Group, highlighting the inherent risks of such ventures​.

 Here's a summary of a few notable reviews:

  1. One disheartened investor branded Cash FX Group a deceitful enterprise, having been unable to withdraw a single cent for over two years despite the illusion of profits accumulating in their account​.
  2. Another client lamented the company's alleged modus operandi of blocking accounts and absconding with earnings, revealing that they had to resort to external assistance to retrieve their funds​.
  3. A contrasting viewpoint comes from an investor who successfully regained their significant lost funds ($155,000), highlighting the rampant digital asset theft and the necessity of due diligence in online investments​​.
  4. Despite the chorus of complaints, a lone voice of satisfaction stood out, expressing contentment with the platform and its customer service, albeit acknowledging delays in withdrawals​​.
  5. Another disgruntled investor described a frustrating ordeal of being repeatedly denied access to their funds since February, branding the company a fraudulent scam​​.
  6. A tale of regret emerges from an investor who, despite initial enthusiasm, was prevented from withdrawing their investment until a third-party firm intervened​​.
  7. An angry investor warned others to stay away from Cash FX Group, alleging that they have been unable to withdraw their money for two years and dismissing positive reviews as falsehoods​.
  8. Another customer, who invested a staggering £90,000, faced an uphill battle to retrieve their funds, eventually succeeding with the help of an external agency​.
  9. A further account of frustration came from an investor who was denied withdrawals despite paying additional taxes as demanded by the platform. They eventually managed to recover their funds with the help of a third party​​.
  10. One investor's bitter experience ended with them losing all their money, and they were unable to withdraw even the bonus until they sought help from an external recovery service​​.
  11. A final word of warning labeled the platform as untrustworthy, with the reviewer advising potential investors to refrain from investing their money with Cash FX Group​​.

These reviews present a sobering reminder of the potential risks involved when investing with platforms such as the Cash FX Group, and the importance of due diligence in investment decisions.

Yet, amid the ocean of negative testimonials, there are islands of positive experiences. Some customers report satisfactory dealings with the platform, stating that despite delays, their withdrawal requests were eventually honored. These individuals credit CashFX Group with providing them a profitable investment experience, albeit with some caveats​​.

These divergent narratives underscore the need for a potential investor to tread carefully and carry out their own detailed research before engaging with platforms like Cash FX Group.

Is Cash FX Group a Scam?

The question of whether the Cash FX Group is a fraudulent entity is one that's draped in layers of complexity, with responses varying widely across the spectrum of investor experiences and expert evaluations.

On one side of the equation, we see a multilevel marketing company that boasts an impressive suite of offerings. It presents itself as a platform that brings together high-caliber traders and novices alike, with the promise of lucrative returns on investment and comprehensive educational opportunities. It's a seductive proposition that has drawn in many, captured by the allure of what appears to be a golden goose in the often murky world of forex trading​.

Yet, the sheen of this seemingly promising enterprise is tarnished by a deluge of negative reviews and tales of financial woes from disgruntled customers. A common thread that runs through many of these accounts is the inability to withdraw funds, raising red flags about the platform's legitimacy. These narratives of frustrated attempts at retrieving hard-earned money are deeply concerning, sowing seeds of doubt about the platform's credibility and trustworthiness​​.

However, the scene isn't entirely gloomy, as some positive experiences peek through the clouds of skepticism. There are investors who claim to have had satisfactory dealings with Cash FX Group, with successful withdrawals and profitable returns​​.

Given this landscape of mixed reviews and polarized experiences, it's crucial for potential investors to embark on a journey of meticulous research and due diligence. It's also recommended to seek advice from financial advisors or professionals in the field to better understand the potential risks and rewards. Remember, in the world of investment, nothing is guaranteed, and caution is always a reliable companion.

There is absolutely no way that I would ever recommend CashFX Group to anyone!

36 thoughts on “Cash FX Group Review 2023, is CashFX Group a Scam?”

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  3. I never believed in bitcoin recovery because I was made to understand that it is not possible. But sometime in June last year I fell for a binary options scam which promised a higher return and I lost close to $73,200. I read an article online as regards to a recovery expert so I reached out to them and to my surprise I got all bitcoins recovered within 72 hours time. I don’t know if I’m allowed to share the links here but you can contact them if you are finding it very difficult to withdraw your funds.

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  4. I never believed in bitcoin recovery because I was made to understand that it is not possible. But sometime in June last year I fell for a binary options scam which promised a higher return and I lost close to $73,200. I read an article online as regards to a recovery expert so I reached out to them and to my surprise I got all bitcoins recovered within 72 hours time. I don’t know if I’m allowed to share the links here but you can contact them if you are finding it very difficult to withdraw your funds.

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  5. I invested $65k with Pocket Option, and they refused to release my deposit and profit, then was asked to verify my address which I did, 2 weeks down the line, I didn’t get my money. I kindly ask anyone who reads this review not to invest on this platform. I was able to recover my money by getting in touch with frecuperation. They are highly recommended by me. They helped me recover my lost fund which was taken from me by those frauds.

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  6. its all a scam, i traded with different brokers, most of them disappear when I make withdrawal request, some of them will try to convince you not to withdraw and instead invest more while others will actually allow you withdraw a little amount so they can build your trust and after that they begin to make large requests. i lost a lot to these fraudulent brokers, i was depressed for months until i was recommended to a Binary options trade funds recovery expert Mr Patrick Michael when i met them i didn’t believe they could get back my money because i have been scammed a lot already and didn’t know what to believe, but my gut feeling told me to give it a try and i did. f

    Reply
  7. I was convinced to invest here by a friend I met on Tinder, Her name was Annie ( now I know she could be anyone else). At first everything was going on well until I requested for withdrawal, that’s when the nightmare started… I had to put in more money before I could withdraw. Then came the unending taxes; I was fined and taxed for various reasons. There was always a reason why I couldn’t take out my money. I was tired of everything and began looking for help. Since all the payments I made were through cryptocurrencies, my local police could not help me. Luckily I finally got help from the authorities that I contacted. Wonderfully, after providing my details, it took them barely a week to trace and retrieve my funds. Get help from them if you are in a similar situation.

    Reply
  8. My experience here was a very terrible one. After I had made my second deposit I was blocked out. Nothing I did worked. I was so frustrated and giving up on my money when Mrs. HARPER JAMES came to my rescue and helped me out with the issue. I would have been in a big mess if I had not met Mrs. HARPER. I wish to recommend Mrs. HARPER to anyone in recovery of loss. She saves me and I believe She can also save others who have run into loss.

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  9. I was scammed out of 24.7 bitcoin this week when hackers discovered a security flaw in Trezor’s wallet software and stole 7,140 BTC ($60 million). A few days later, I recovered $50 million worth of Bitcoin through an expert. But I’m still waiting for more Bitcoins to come back to me after the verification is complete. Silvana Tenreyro Tech is the best tech expert you need to help you recover your fraudulent or lost bitcoin. They deal with online scams, crypto investments, and help victims receive reimbursement. Digital fingerprint tracking cyber analysis and thorough investigation

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  10. SCAM !! beware from them I lost all my savings to this company, trick me into investing with them hoping for a great return which all turn out to be lies. I feel so much pain when I realized they have no intention of keeping their problems. I am telling you for free to stay far far from here and never engage yourself because it’s not worth investing in ; this web should be shut down by the authorities, help prevent others away from this site before they got ripped too and those who’re ready victims like myself to get rightful justice and a refund as well. NOTE : STAY AWAY FROM THIS COMPANY..

    Reply
  11. I joined Cash fx in September 2021 investing $15k .I earned constantly and could upgrade to the $25k pack and then to the $50k . After trading and making so much profit, withdrawals suddenly became very difficult. It says on their website that fund withdrawals will take around 3 days. I messaged support but no positive response until August 2023, I recovered my money with the help of a triangulation expert. Frecuperation Tech is the best tech expert you need to help you recover your scammed or lost funds.

    Reply
  12. I invested $65k with Pocket Option, and they refused to release my deposit and profit, then was asked to verify my address which I did, 2 weeks down the line, I didn’t get my money. I kindly ask anyone who reads this review not to invest on this platform. I was able to recover my money, They are highly recommended by me. They helped me recover my lost fund which was taken from me by those frauds.

    Reply
  13. I lost up to $55k while trading on Binary Options .I tried getting my money out from the option broker account and was unable to place a withdrawal. I found my self wading through excessively complicated terms which seemed impossible to meet, all because I traded with an unregulated broker. I did not panic, I have good news. I lost over $55k to an unregulated broker who stocked my trading capital and denied me access to my account. I have recovered all my lost funds, through the help of a certified binary recovery expert.

    Reply
  14. I have traded with this several brokers, i eventually gave up when 24option stole my investment funds and I can tell you categorically that I was/am unimpressed by their performance. Having lost almost $93,000 to them I decided to withdraw the remaining balance to meet a pressing need but they have found it difficult to release my money. I paid through Liberty reserve and they got my money instantly but when I wanted to have my balance back they said it will take 5-7 days and it’s exactly a week today yet I have not been paid. The so-called account manager lied to me that he has processed my money and that it’s on its way to my account but it is now 3 days after without any money. I have sent emails to him and he has refused to reply to me and this is somebody that has been disturbing me with calls and emails to make a deposit and trade and now it’s their turn to release my money they have not responded. When you check through their website you could notice they don’t have details about the withdrawal of funds as expected. I got my money back a few days ago with the help of a recovery Intelligence Binary funds recovery. They Provide Hassle-Free Solution For Every Client And Solve Every Cryptocurrency And Binary Options Disputes For Good In The Shortest Time-Frame. Big thanks to my brother who told me about them.  

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  15. I just wonder what is happening to CFX Group? After trading and making so much profit, withdrawals suddenly became very difficult. I messaged  CFX Group support but no positive response until October 11 that  I was able to recover my money with the help of a triangulation expert. I felt hope again. Professionalism and Support fostered a sense of certainty and trust. They were really helpful, guiding me through explanations of the recuperation process and making sure I was aware of everything at all times. I was able to successfully retrieve my lost Bitcoin

    Reply
  16. I just wonder what is happening to CFX Group? After trading and making so much profit, withdrawals suddenly became very difficult. I messaged  CFX Group support but no positive response until October 11 that  I was able to recover my money with the help of a triangulation expert. I felt hope again. Professionalism and Support fostered a sense of certainty and trust. They were really helpful, guiding me through explanations of the recuperation process and making sure I was aware of everything at all times. I was able to successfully retrieve my lost Bitcoin

    Reply
  17. Pocket Option was the second one binary options broker where I registered and completed my profile verification.
    I tried to withdraw my money then and that’s when the troubles began. First, they declined my verification.
    After many attempts, I finally managed to complete it and tried to withdraw the money again.
    I managed to pass all their levels of verification in the end but then Pocket Option used their last ace in the hole.
    They wiped out all of my trading deposit and profits claiming that I was using bot to trade and that’s prohibited.
    A few days later, I recovered $79,800 worth of Bitcoin through a triangulation expert. 
    They are best in dealing with online scam and assisting victims in receiving reimbursement,
    tracking down digital fingerprints, cyber analysis and thorough investigation.

    Reply
  18. I’d like to bring to the attention of this platform (pocket option) the recent act of account blocking that’s been carried out by the outfit pocket option.
    They blocked my account for some weird reasons without proof.
    I made a trade, staking $100,000 and made a profit of $92,000, that’s a total of $192,000.
    On trying to withdraw my funds my account was blocked immediately claiming that I violated their policy!!
    I was stunned.
    I sent mails, but all efforts failed.
    A few days later, I recovered my money with the help of a triangulation expert.
    Frecuperation Tech is the best tech expert you need to help you recover your scammed or lost funds.
    They are best in dealing with online scam and assisting victims in receiving reimbursement, tracking down digital fingerprints, cyber analysis and thorough investigation.

    Reply
  19. Things have not worked out as expected using CASH FX and it’s obvious I’m not the only one in this situation. I think they need to communicate better with their users concerning payouts, up until last week i reached out to Silvana Tenreyro and they’ve helped accordingly as CASH FX has been edgy with payouts.

    Reply
  20. Big scam, I invested a lot of money in this company and everything was going good until I said I wanted to withdraw and all my money was gone.
    I paid 240,000 Euros, they won’t allow me to withdraw any of my money out, I email them everyday, once you put money in, you can’t get it out.
    I finally was able to get my money back with the help of a recovery chargeback service & got my life back, I guess this information may be useful.

    Reply
  21. Everyday Bitcoin and other cryptocurrency scams are becoming rampant as the days go by. People should be careful when dealing especially when funds are involved, this is not to say recovery is not possible even though there are several frauds who claim to recover money online. but Rapid responder is most trusted and they were able to help me recover my funds from this platform i assure you. They are the best , and just as the name implies your money is recovered as quickly as possible. contact Rapidresponder . net . They have the best reviews and very much effective

    Reply
    • Wonderful Devin, Thank You for sharing your experience and recommendation……

      I haven’t heard of Rapid responder myself……

      Reply
  22. Please refrain from investing with Cashfx and read reviews. I kindly ask anyone who reads this review not to invest on this platform. This is a major scam. They had a pleasant conversation before investing and displaying early profits. Please take note that there is no withdrawal option. You must obtain their consent. My wallet was stolen by a con artist using a phishing scheme and 7.8 BTC were taken.

    Reply
  23. Please everyone should be careful and stop being deceived by all these brokers and account managers, they scammed me over $350,000 of my investment capital, they kept on requesting for extra funds before a withdrawal request can be accepted and processed, in the end, I lost all my money.

    All efforts to reach out to their customer support desk had declined, I found it very hard to move on. God so kind I followed a broadcast that teaches on how scammed victims can recover their fund, I contacted the email provided for consultation, I got feedback after some hours and I was asked to provide all legal details concerning my investment.

    I did exactly what they instructed me to do without delay, to my greatest surprise I was able to recover my money back including my profit which my capital generated. I said I will not hold this to myself but share it to the public so that all scammed victims can get their funds back.

    Reply
  24. Please everyone should be careful and stop being deceived by all these brokers and account managers, they scammed me over $350,000 of my investment capital, they kept on requesting for extra funds before a withdrawal request can be accepted and processed, in the end, I lost all my money. All efforts to reach out to their customer support desk had declined, I found it very hard to move on.

    God so kind I followed a broadcast that teaches on how scammed victims can recover their fund, I contacted the email provided for consultation, I got feedback after some hours and I was asked to provide all legal details concerning my investment, I did exactly what they instructed me to do without delay, to my greatest surprise I was able to recover my money back including my profit which my capital generated. I said I will not hold this to myself but share it to the public so that all scammed victims can get their funds back.

    Reply
    • Thank You Neil for sharing your past experience with investing with CashFX Group, is Cash FX Group a scam?

      Reply
  25. I was scammed out of 24.7 bitcoin this week when a hacker found a security hole in Trezor’s wallet software and stole 7,140 BTC ($60 million). A few days later, I recovered $50 million worth of Bitcoin through a triangulation expert, but I am still waiting for more bitcoins to be returned to me after the investigation round off. Silvana Tenreyro Tech is the best tech expert you need to help you recover your scammed or lost bitcoin. They are best in dealing with online scam and assisting victims in receiving reimbursement, tracking down digital fingerprints, cyber analysis and thorough investigation.

    Reply
    • Thank You for your response, forgive me if I’m in doubt about the legitimacy of your claims and recommendations.

      Reply
    • Traders who have been scammed before, my advise out there is for you to be wise before you invest in any binary option trade or broker, I was scammed $120000USD by online broker but at last i found someone who help me to recover all my lost funds back from a scam that shocked my capital with an unregulated broker, if you need assistance with regards of your lost funds from your broker or maybe your broker manager is asking you to make more deposit before you could make a withdrawal or your account has been manipulated by your broker manager or your broker has blocked your account just because they need you to make more deposit to your account. If you’re interested in getting all your lost funds back kindly get in contact with Mr. Nick, he will guide you on the steps i took in getting all my refunds.

      Reply

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