Cash FX Group Scam Updated Review August 2020

There are numerous online scams and particularly when it comes to the online programs purportedly developed to help people earn a decent income over the internet. Just like in other areas of life, some people still believe that there are some shortcuts to success in life without working hard. However, that is never the case when it comes to life, and you’ll find some scam artists over the internet always ready to swindle you off your hard-earned money. Unfortunately, a lot of people normally fall under such traps and even end up spending their savings in hopes of getting rich quickly.

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Today, we’ll be doing a Cash FX Group review, an online platform whose owners proclaim that they would like to show you how you can make a lot of money over the internet even if you don’t have any experience or specialized knowledge in affiliate marketing. We’ll discuss what Cash FX Trading is, the owners of the platform, and how the online program works to determine if the online income opportunity is another online scam or a legit business opportunity.

#CashFX #CashForexGroup #CashFXGroup #Forex #ForexTrading ~ Click here for my #1 Recommendation!

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What is CFX Trading?

Cash FX Group is generally a multi-level marketing platform that provides you with an opportunity to earn with promised referral commissions and return on investments. The online firm offers you an opportunity to invest through different financial trading education levels that reflect the costs of the level that every person joins at. Looking at the name of the platform, one might think that the firm is in the Cryptocurrency or Forex trading niche, which is not the case.

When you take a closer look at the company’s website, there’s no information about who owns or runs the company. The domain name was registered privately on 3-4-2019 as “cashfxgroup.com”. According to the official website, the official name of this online company is Cash Forex Group. The platform has gained a lot of attention due to their online income claims, but they don’t have any retailing products or services available. The platform claims that they trade the money you invest with them through some external sources and then give you a particular percentage of the gained profit.

When you take a closer look at the company’s website, affiliates are given access to the various packages of the Trade Academy Education that teaches them how to trade and better their finances. Since Cash FX has no retail services or products, the only thing that affiliates are to market the affiliate membership of the company. Once you sign up, you can invest money to participate in the multi-level marketing compensation plan attached.

What is the CFX Marketing System?

CFX Group would like you to believe that the company is investing your cash into Forex trading and later sharing the profit with you. The online program assures you that you’ll make a certain percentage each month and also guarantees a 400% or 200% return. However, that’s not the truth according to their compensation plan. In reality, the company will recruit you as one of their affiliates you and offer you a high incentive to refer or recruit some other people as well.

You will receive a fixed amount as recruitment commissions and also keep balance with them. A percentage from the total balance will also be shared with you as some passive income. In reality, this company is not investing your cash anywhere. Provided they are still getting big numbers of new affiliates, you’ll get your commissions. The marketing system is typically designed in a way that gives you profit after every 30 days, which gives the company adequate time to recruit some more people into the platform. As long as the process continues, you’ll make some money, but once new people stop joining, the money will be gone.

Is Cash FX a Pyramid Scheme?

You can make money with CFX Group, but the money is not coming from selling retail services or products, or might not even be from Forex trading. If that is the case, then the money can only come from the investments made by the new affiliates joining the online company. That means that you’re making your money in an illegal and unethical way. It is also possible for you and other affiliates to continue getting paid by the Cash FX platform until the time when there will be no more people to recruit to the company.

If that happens, CFX will not earn monies coming in, and it’ll stop paying the existing affiliates as well. But of course, these are assumptions build around the concept that Cash FX platform was not typically making money through Forex trading. You can also become a Cash FX group affiliate by purchasing one of the Trade Contracts offered by the company. These Trade Contracts cost between $300 and $100,000. According to the site, 30% of the amount you invest will be utilized to fund the compensation plan of the company, while 70% is utilized on Forex trades.

For instance, if you purchase the Academy 90 Pack for $300, $90 will be used to pay the other company affiliates above you, and only $210 is used for Forex trades. That proves that you’re only making money from the money invested by the new people who join the Cash FX Group. However, each of the available packages offers you access to the CFX Group’s Trading Education Academy, qualifies you to earn residual and recruitment commissions and also earn an ROI every week from Forex trades.

Nevertheless, that is not just a one-time investment. According to the company website, once you have earned the promised 400% or 200% ROI, you need to reinvest to continue participating in the income opportunity offered by Cash FX Group. If you join the program with the Academy 90 Pack that costs you $300, you’re only entitled to get $420 that’s paid to you every week.

Moreover, the amount you invest determines the amount of return on investment you’re entitled to earn typically between 200% and 400%. The more cash you invest in the system, the higher your ROI will be. This system is what is usually referred to as a Pay to Play model, where the earning potential of an individual in a certain program is mainly determined by the amount of money they can invest at the start. Generally, Pay to Play systems are among the common telltale signs of pyramid schemes.

Outside of the Cash FX Group’s passive investment opportunity, the online platform operates just like a pyramid scheme. The online company doesn’t have any retail customers, means that all the commissions are tied to affiliate memberships. Furthermore, in the multi-level marketing part of this business opportunity, you can clearly see that CFX is operating as a Ponzi scheme. If you register as an investor with CFX to make the 400% promised in returns, you can only do that by referring new affiliates to the program and encourage them to invest too.

If recycling the money invested by recruits is what is happening on the multi-level side of the company, then the same is probably happening on the trading side as well. The CFX Group’s compensation plan shows a pay to play tactic by restricting the program’s matrix levels based on the amount affiliates invests in the platform.

The qualifications of multi-level marketing commissions should be tied to the sales volume, not the amount of money invested by the company affiliates. Just like any other MLM Ponzi scheme, when the recruitment of affiliates dies down, investments will die down too. That’ll starve CFX Group of its return on investment, leading to the collapse of the platform in the long run. Once an online company operating as a pyramid or Ponzi scheme collapses, most of the program participants normally lose their money.

Is Cash FX Regulated?

Cash Forex Group platform claims to generate external returns on investment through some trading systems and algorithms. However, this online platform doesn’t provide any proof of trading or disclose any information about their alleged forex trading activities on the company’s website. Furthermore, while the Cash Forex Group provides a passive income opportunity, it does not give any evidence of registering the platform with financial regulators.

Cash Forex Group claims to be regulated by different regulation agencies but such as the Financial Conduct Authority of London (FAC), Financial Sector Conduct Authority of South Africa (FSCA), the Financial Services Authority of Seychelles (FSA), and Financial Services Authority in Dubai (DFSA). Without legally regulatory registration, the CFX Group investors have no way of showing that the online company is using external funds to pay out their returns.

The issue with unregulated investment firms is that they are not dependable and always abuse the regulations. These companies prefer to remain anonymous and can disappear at any time without giving notice. To ensure you’re dealing with a known and regulated investment company, you need to easily see the CEO of the brokerage company and the people running it, among other things. Lack of sufficient information is a red flag because you do not know who will be handling your money. That is one of the reasons why CFX Group is a risky investment firm to invest in.

With Cash FX being unregulated and lack of sufficient information, your money is not safe. The security of money is a big issue with unregulated and uncontrolled investment firms. One of the red flags we have noticed is that Cash FX platform is withholding important information to investors. Cash FX scam can go bankrupt at any time because there is no banking information given about this investment firm.

Is Cash FX a Scam or Legitimate Investing Opportunity?

In my opinion, there is still not sufficient information to say with certainty that CFX is a scam. Nevertheless, there are many red flags about the company that you should be wary about. Here are some of the concerns we have.

1. No retail services or products

One of the biggest reasons why joining Cash FX Group might be risky is because it is a multi-level marketing company that does not have any retail products or services. And since you will not make money selling any products, and then all your Forex trading earnings with Cash FX are questionable at best. Your income will probably come from recruiting new people only. Although there’s nothing wrong with building sales teams and recruitment in a multi-level company, if your income solely depends on affiliate memberships alone, then you need to be careful because you may be involved in a Ponzi or pyramid scheme.

Similar investment firms that operate like CFX collapse only after several months of operation. Even if you normally get training programs that one might consider a product once you join this online company, this education does not provide you with any real value as you can get the resources elsewhere online for free.

2. No history or proof of forex trades

While Cash FX claims to have an exceptional trading bot that provides amazing trading results, the company does not provide any evidence of this purported software application in action. The online company also claims to have developed a partnership and network with various licensed Forex brokers and traders that do the trading activities for them but have not disclosed any evidence to that too.

In my opinion, the money you invest in Cash FX Group once you sign up is not used in trading in Forex but are typically used to pay the existing affiliate promoters of the company. The other thing that is a bit weird about the Cash FX is that the platform only accepts payments in Bitcoin. If Cash FX is involved in Forex trading activities, then I don’t why do they need members joining the platform to pay in Bitcoins. Bitcoin payments make me wonder if Cash FX Group is also dealing in crypto because joining a multi-level company that’s involved in cryptocurrencies is not a good idea. That’s because cryptocurrency is quite volatile and you may incur huge losses in the long run.

3. Similarities to past forex scams

While Cash FX claims to have an incredible trading bot that provides exceptional trading results, the company does not provide any evidence of this alleged software application in action. Previously I came across another sketchy Forex multi-level company known as Lifestyler Club that utilizes a forex trading bot known as AI Expert Adviser. However, I could not get any connection between Lifestyler Club and Cash FX. Nevertheless, Cash FX works similarly to another Forex multi-level company called FX Trading Corp that received lots of disapproval from both its critics and members. To be clear, I am not stating that Cash Forex is a scam but am just pointing out the facts.

4. Fixed returns on investment

Cash FX claims that they’ll return 15% of your first investment in every week. While that might sound amazing, there are no forex traders in the entire world that always win all the Forex trades they put their money into. Besides, no robot or algorithm can predict all the winnings with100% accuracy to guarantee a 15% return every week and daily profits without fail.

Although seasoned forex traders can make educated predictions through data and charts to get a higher probability of winning, there is no assurance that the AI software and the company traders will make some cash all the time. That means that Cash FX knows how to win all their Forex trades, which is impossible. Besides, the online company itself says that trading with Forex is extremely risky and that no forex trading results are guaranteed.

5. Unregistered business operations

While the Cash Forex Group provides a passive income opportunity, it does not give any evidence of registering the platform with financial regulators. Cash Forex Group claims to be regulated by different regulation agencies such as the Financial Conduct Authority of London (FAC), Financial Sector Conduct Authority of South Africa (FSCA), the Financial Services Authority of Seychelles (FSA), and Financial Services Authority in Dubai (DFSA).

The FCA (Financial Conduct Authority), a financial regulatory agency in the UK recently issued a stern warning against the Cash FX Company for operating in the United Kingdom without proper authorization. The investment firm is also not legally registered to operate in the United States. The issue with unregulated investment firms like CFX Group is that they are not dependable and always abuse the documented regulations. Such companies prefer to remain anonymous and later disappear without giving notice.

To make sure you’re dealing with a known and regulated investment company, you need to easily see the people running the company and the agency regulating them, among other things. Lack of clear information about CFX Group registering with financial regulators is a red flag because your investment is not safe. Without legally regulatory registration, the CFX Group investors do not have any way of showing that the online company is using external funds to pay out their returns.

Summary

The Cash FX program claims to get external ROI revenues through various assisted trading systems and algorithms. However, the company does not provide any evidence of the form of trading it does or any information about its alleged trading activities on their official website. Besides, while they offer a passive investment business opportunity, CFX Group doesn’t provide any evidence of being registered with any financial regulators.

Unless Cash FX Group registered with some financial regulators in each jurisdiction it solicits its investments in, the online firm and its marketers are operating illegally throughout the world. Without the legally needed financial regulatory registrations, the people who invest with Cash FX have no way of proving that the online company is utilizing some external revenues to pay affiliates’ returns. Outside of the passive investment opportunity offered by Cash Forex Group Scam, the company typically operates as pyramid schemes. The online platform has no retail customers, meaning all the company’s commissions are usually tied to the recruitment of new members.

Besides, the MLM side of this platform confirms that Cash FX Group operates as a Ponzi scheme. That’s because if you sign up on the platform with the main aim of getting a 200% return, then you can only get that return by recruiting some new investors and have them do the same. Your 200% return is therefore paid out of the subsequent investments. If the MLM side of the platform is recycling the funds invested by new affiliates, there is a high probability that the same is happening on the platform’s trading side as well. Recycling the invested money will starve CFX Group of revenue and eventually prompt a collapse like all pyramid or Ponzi schemes do.

#CashFX #CashForexGroup #CashFXGroup #Forex #ForexTrading ~ Click here for my #1 Recommendation!

In summary, I wouldn’t recommend Cash FX Group Scam to anyone because of the serious issues we’ve seen about it. You should avoid investing your hard-earned money in online programs that seem suspicious. There are lots of red flags on the CFX Group’s site. Even if you would like to ignore them, you cannot miss them. You should only invest in sites and online investment firms whose available information and income claims are easy to verify and those that have sound records of achievements.

561 thoughts on “Cash FX Group Scam Updated Review August 2020”

  1. Great review Tony,
    I’ve had someone badgering me about Cash FX for over 6 months now and I kept putting her off as she seemed too persistent. I think I will be blocking her number now and if I decide to invest in crypto, just handle the transaction myself through a trusted provider.

    Reply
  2. Thank you so much Tony lee Hamilton for this amazing review, it was really helpful, I have been thinking of signing up on this platform and this just came at the right time.. your articles really mean so much to me. I solely agree on your opinion of the platform. I’ll check your recommendation out

    Reply
  3. Thank you for this very thorough analysis of this Cash FX scam.  The name alone sounds suspicious, and you nailed it in detailing exactly why to stay away from this too good to be true “investment.”

    In the world of real Forex investments, there’s only one investor I trust besides myself.  That is Mark Boardman, one of the few who will show evidence of his trades.  He’s one of the best, yet he only achieves around a 70% success rate. 

    It’s all about managing risk by choosing adequate entry and exit points, looking at the proper indications, and only risking about 1-2% of the total capital in a given trade.  A 50% yearly return is about as good as it gets in Forex.

    This is clearly a phantom operation that will get busted soon enough.  Meanwhile those who aren’t lucky enough to read a review like yours will lose a lot of money.  There are still a lot of people in this world who don’t understand that you should “never invest in something you don’t understand.”

    Reply
  4. Thank you for sharing this article. I had a friend approach me about one of these schemes not too long ago. The general idea was similar. Investing in an emerging crypto company that had yet to revalue. Upon researching the company I found that not only had they changed names multiple times, but a number of people had been promised RV several times over without results. It is important to be able to recognize the characteristics of these ponzi schemes so that they can be identified and avoided. Thank you for shedding light on CFX. I will be sure to mark and avoid them as well.

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  5. MLM, now that is a group of characters I haven’t heard of since the late 1980’s. I almost fell victim to their scams and was saved by a knowledgeable friend. I know the drill about making money to earn by recruiting other people under you. the people on the high levels make all the money while the newbies do all the recruiting. It is illegal as it should be and it is unethical. How did you discover these guys? I’m glad to see you are pointing them out. Any company that has no proof of sales or proof to show they are making money in a legal way should be trusted. Thanks for the information and you did some great investigating.

    Reply
  6. Awsome insights to help people avoid getting ripped off. I have sadly been caught in a similar situation, but it was for a digital marketing platform. 

    The initial buy-in was ridiculous, and the training you were given access to was very fast-paced and lacked direction. It was basically the owner saying, “Do it my way because it works, and don’t question it” and anytime you had an issue they would treat you like it was just an excuse to be lazy. 

    In the end, it was just a way to get people to buy their website, SEO, and advertising services to use for your own “business” that was centered around you paying them to get ANY results at all.

    I truly wish there were more reviews like this one that could have helped me avoid spending so much money on what was potentially a scam!

    Reply
  7. It frustrates and saddens me that companies can get away with scamming people like this. It has been going on for many years. I fell for a similar scheme in my early thirties when I joined a well-known pyramid scheme selling nutritional products – not really understanding what I was letting myself in for. It actually turned out to be very cult-like. I went on a weekend conference with them, and they had us attend presentations from 9 am until 10 pm on both days. It was akin to being at a large pentecostal or charismatic church. It almost became hysterical with the dramatic clapping and cheering for each speaker. People were even crying!  I see now that it was all part of the brain-washing. They taught us how to answer common questions that people we were trying to sell the products to would ask. The brain-washing was so intense that the most honest among us found ourselves believing the answers. I had invested a lot of money, but after a couple of months, I pulled out because it dawned on me that it was all a big scam, and I had a wake-up call when I realized that I felt incredibly uncomfortable selling certain products that I deemed not to be suitable. Thank you for an informative and helpful post. I hope it prevents people from making similar mistakes to me. I lost money, but I could not bring myself to recruit others once I realized the truth. 

    Reply
  8. I’ve never heard of CashFX before reading your article.  There are definitely red flags within the whole company. The biggest one being no services or products–just recruiting other members. And my main concern is that they promise a return every week. No one can promise returns. 

    I watched a show on Netflix called LulaRich about the downfall of the Lula Roe network marketing company. Although they had products to sell and people were making money, it eventually came crashing down when the quality of the products went downhill. The CashFX seems like it’s already doomed.

    Great, insightful article. Thanks for doing the research.  I’ll stay away from them.

    Reply
  9. Good topic wow I like it I think is good and you also have the actual amount of traffic because I read about you and I think you also have a good ranking and when it comes to content it is very knowledgeable content the scam of cashFX because lot’s people are taking interest in crypto trading and forex trading. It will also provide assistance to the people who are interested in it.

    Reply
  10. A truly honest and insightful article around the Cash FX group.

    I remember looking into this as a potential opportunity a few months ago but, due to the lack of and often contradictory information I found I decided to give this a wide berth. After reading your detailed analysis I am glad I made this decision, the information included will be hugely beneficial to anyone who is looking into giving Cash FX a chance and will hopefully provide some valuable clarity to anyone who is unsure as to whether this is worth taking a risk with.

    Thanks again.

    Reply
  11. I’ve learned some lessons in my life, but from this point of view, I am a bit late with fixing those lessons (as in this article you are pointing out on a scam to online programs). I am not one of those believers who are sure that we can make money briefly, I am more like to believe that people are normal and wouldn’t harm if you are willing to help or invest in their offer, as I am 🙂 Well, life and Internet proved me wrong. So now, after reading this article, I am thankful for all of you people who are pointing out and researching on the things we, regular believers in humanity, would never stop and think. 

    Reply
  12. Lots of content and information which is awesome. I would like to see the section titles pop a bit more perhaps by bolding or underlining them. There are a lot of comments which is awesome. I did see some that you can reply to. Other than that you did an amazing job.

    Reply
  13. This kind of Scheme can be so detrimental to regular everyday people who are just trying to find ways to better their lives. It’s infuriationg. I am glad that someone like you is out there researching and bringing light to these crooked practices and making people aware of what to expect and what to watch out for. I commend you.

    Reply
  14. I think is a great article because it makes people aware of all the scans going on online. Also I think it’s wonderful that you give the name is a particle website that is a scan. I’m always finding thing like that online. One time I was in a webinar and at the end they were asking us for $4 thoulsand dollars to start a bussiness online.. most of us know that it take time before you are known and start selling. And to pay $4 thoulsand dollars to start selling is crazy.

    Reply
  15. Thanks, Tony, for your review of the cash-fx-group.

    You have described it perfectly for what it is, a Ponzi scheme. 

    The great thing about your approach is the natural folksy way you speak with you easy phrasing. It make the reader, me anyway, trust you. After scanning through the article, knowing now I’d never want to touch that company with a 10 foot pole, I wanted to peruse the rest of your site.  I loved your personal story. I built up even more trust, and made me want to know what you recommended. 

    I would think that you’ll get a lot of clicks on your affiliate links because of how you present it. 

    The pictures added color and authenticity. I personally would have the background something besides grey, but once I started reading your material, I didn’t care about the color.

    The only thing that didn’t work for me was the collagen link. It didn’t fit in your niche for me. As a vet in healthcare, and knowledgeable in supplements, to have a link that tells me to get healthier and sends me to collagen, well, I don’t at all agree that that’s the place to start your health journey. But that’s only my opinion. The rest of your site is golden, and I’d but anything from you but collagen. 😉

    Stay well and strong, fellow vet, and here’s to 55 more years of vibrant health!

    Al

    Reply
  16.  i think that is a  great ideas and  tool that you shared on your website and so kind of you to sharing a good  idea with the audience, when I went onto your website I saw your link tree and loved it. I felt that it showcased important links that people would enjoy and a great way to have them all in one place.. that”s a great one  nice Domain nice website

    Reply
  17. Wow, you made me wonder some of my life decisions. So, if a website like that does that, how are we going to be sure that we are making a good treat?

    I understood that wen new users stop going, all the platform will stay paying and the business will end… is there an approximated time for that? If there is, should we invest a lot of money and stop in the right time before the company starts going down?

    That you so much for letting us know this, I hope I never invest in a bad platform.

    Reply
  18. Hi Tony Lee,

    Thank you for your detailed article and your conclusion and recommendation not to join Cash FX.

    I am looking to join Cash FX so that makes your post interesting reading.

    I have bookmarked this for future reference.

    I am in a Cash FX Facebook group where there are post of people joining the opportunity and getting good results.

    Best wishes,

    Delroy M.

    Reply
  19. Wow! I have gotten burnt on numerous occasions here online with FX group and in person at classes given throughout the tristate and lost my money big time.

    My experience was able to grasp on somewhat, but never enough to make money, there was always upgrade to see the result, at least that’s what I was told.

    On the other hand online, you invest $250 to $500, and start trading, when my account looks good to the withdrawal couches are nowhere to be reached others came on with blamed excused why cannot withdraw, to the end money was gone.

    It is great to see reviews like this to help the public who are interesting in the online business world to be aware.

    Reply
  20. This is such a comprehensive read! It’s unfortunate that so many people can be fooled into joining programs like this and losing their hard-earned money! It’s great to know this and pass the knowledge along and help someone else! Great work on your writing and research, I enjoyed reading this article! 

    Reply
  21. Cash FX has a lot of good information I watch a couple of the YouTube video but I still want to read up more about it and just get a little bit more information and discuss with others, what do you guys think about Cash-fx please give me feedback want to what you guys think feel free to leave me a comment.

    Reply
  22. I am more heavy on the bull side of things and love that someone is making articles on this group. CashFX has been a game changer on the training and the system really is meant for any skill level. Have you implemented your training on any solo trades or do you just let the auto investor do it’s thing? 

    Reply
  23. The review of the website or program is so comprehensive. It will definitely guide future investors to take caution before diving into the system of Cash FX Group. And I agree, it may be a scam and don’t fall into the trap of high commission schemes like this. When it is too good to be true then it is a lie.

    Reply
  24. Thank you so much for sharing these unique advent calendar ideas for Christmas!  I have so many awesome holiday memories that revolve around advent calendars.  As a child I could not wait till the next day to open up the next “door” to see what surprise was awaiting for the day.  Every day that went by brought more and more excitement and intrigue.  Every year one of my favorite parts of Christmas was waiting to see what new advent calendar my mom picked out for the year!  Now, chocolate advent calendars await!  Oh boy… This should be a lot of fun!  I am going to get myself a few… one to just open up daily and the other ones to just eat the goodies!  hehehe! 🙂 

    Reply
  25. A friend introduced me to CFX program. Lucky me I’m have some knowledge of forex trading. CFX got their concept of business from MLM system. The profits gain promise is 300%. Can you imagine 300% profit. I almost instantly no! Even in Forex trading the higher one can gain is 80% profits. This bubbles awaiting to burst. My suggestion, please avoid CFX completely.

    Nazmi

    Singapore 

    Reply
  26. Phew.. I am glad I read this. I watched a programme on this the other night and although I understood some of it, you have made it far easier to understand. It is so awful that people find it okay to set things like this up and simply prey on peoples trust. There seems to be an ever growing niche offering making money in FX at the moment and all of them seem to be only making the cash from the people they Sign up…. nothing more! Its unfair and the more people like you that shine the light on this… the better! Good on you! 

    Reply
  27. Thank you for the elaborate review on the Cash FX group, Tony. A few days back when I was discussing about Wealthy Affiliate to a friend, he came up with this Cash FX group dealing with Foreign exchange. He also knew that it is an unregistered business operation, but he knew of some people earning some income out of this.

    After reading your review, I know, that the money is paid as a commission for the referrals. It is more of a money circulating business and has no turn over from Forex as they claim. This is obviously a scam. I will caution my friend who is inclined to join.

    Ernest 

    Reply
  28. You’re so right. The name alone makes it look like forex trading. Without doing research, a visitor could easily be fooled into signing up and wasting their money. Thank you for posting this review and revealing this scam. You have done the research for me. I appreciate how you go into specific details about the methods this site uses to disguise the scam.

    Reply
  29. Thanks for your in-depth analysis of Cash FX. I almost became a victim of this Ponzi scheme but I smelt a rat when I was unable to get any response to my questions. It sounded too much like somethingelse I had managed to avoid that turned out to be a glorified scam.

    By the way, videos are not availabe.

    Reply
  30. Hi,  Mr. Hamilton :

    I agree with your review for Cash Forex Group, but other than that, I see unavailable videos and posts, again I think visually there’s so much to be done, I am definitely not an expert nor pretend to be but I hope you understand it could be so much better .

    Also I think your ideas are clear,well written .

    Reply
  31. Great article About CashFX I am not surprised it works out to be a MLM like scheme most businesses like it do conform to that model.  I agree most success comes from hard work and dedication and most people trying to sell get rich quick are only trying to make themselves rich quick off of peoples dreams of making money fast.

    Just so you know some of the videos you posted are no longer available the company may have already changed things over to the next scheme.

    Thanks for the very in-depth report on this scam job.

    Reply
  32. Who can really believe a 400% return on investment? I couldn’t believe such crazy promises. However, as you stated, a lot of people are desperate to get rich quickly without doing much or anything. The majority of people want to bypass the effort of using their brains. Thank you for a thorough review on CashFx because I was confused if it was a forex company or a cryptocurrency program. What really amazes me is when people can pay money for generally available information on the internet in return for a promise. Secondly, once you see the website without anything about the owners, then it already signals to me the red flag because the owner is already dodgy.

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  33. This is very interesting information. I thought about it once to join, but I didn’t know too much about the company. Then recently on FaceBook, a friend asked if I was interested in making money part-time, and they said it wouldn’t take away from what I was normally doing.  I saw my their posting they were doing really well with this group.

    But after reading your article about this group, I’m really glad I didn’t have time to read up or meet up with my friend. I will show my friend your article and see what they tell me. I know, once you are in it, you may defend it thinking it’s not as bad as it seems until the blinders come off, then it becomes an “ah ha” moment. Thanks!

    Reply
  34. Thank you for this highly informative piece. 

    Your breakdown and emphasis on the red flags are eye-opening. 

    Furthermore, how you broke down the defining points of an MLM Vs. pyramid schemes and how this company compares to those are very helpful for those who may not understand the difference. 

    With all that you have said about this particular company and the fact that you would never recommend them to anyone, is there an online company you would recommend? 

    Reply
  35. Thats a great review and I see you have put in effort for research. Its right, there are no products and it seems very much like a Ponzi scheme to make money off the downlines. 

    I am going to stay away from you and recommend others too!

    Look forward to more of your reviews on Forex Trading platforms.

    Reply
  36. I like that you added the you tube videos in your text; nice touch! In this sentence “In reality, the company will recruit you as one of their affiliates you and offer you a high incentive to refer or recruit some other people as well” I think you need to remove the word “you” after “affiliates”. Really informative piece!

    Reply
  37. Thank you for this review, i hear you so much when you talk about these scams promising more than 100% ROI in days, i have been a victim of this twice, although i put my feet in low waters, so i could not sink, these claim to trade bitcoin, they show you links which they gain from probably and rob you money, i hate anything that has FX in it because i know it is a scam..

    There is one that  told when my so called withdraw date reached, that i delayed so i need to deposit more $300 to be able to withdraw.

    So how does their affiliate program work, do they actually give people money or they lock up the money.

    Reply
  38. Your Cash FX group article is very good! Your approach is very thorough and it’s clear you spent a lot of investigative effort on this!

    I like how you broke down not only how MLMs and pyramid/Ponzi schemes work, but also explained how Cash FX group is doing basically the same thing.

    I was always curious about Forex trading and how it works. Now I know not to mess with Cash FX group if I ever want to know more and try my hand at it! This is really good stuff! Keep up the good work!

    Reply
  39. Wow, thanks for the breakdown. It definitely doesn’t make sense that they claim a 15% return every single week when even the most experienced traders can’t promise that. It just seems like another one of those cases of “if it’s too good to be true, it probably is.” Just the same, I was getting curious and a tiny bit interested in CashFX so I appreciate you doing the work to dig in a little more. Unregulated is a huge red flag, too. I’m wondering if there is an investment platform or stock trading group you would recommend. 

    Reply
  40. Good morning,

    Thanks for your article! I’ve hear a lot about Forex and the trading platform they have, however I’ve always been a little weary. Your site provided clarification and was very informative.

    The only improvement I could think of, is maybe making the paragraphs a little shorts (more paragraphs), a couple times i had lost track on which line I was on.

    Also, there’s a Facebook post that is no longer available

    All the best,

    Logan

    Reply
  41. Okay Tony, I do realize your aiming towards this company being a ponzy scheme. You have facts stating why you think so, no history or proof of forex trades,no retail services or products, etc. I understand this much better, you did a great job conducting this article with facts and helpful information.

    Reply
  42. Some Ponzi schemes are simple and easily noticeable, while others can be pretty sneaky and made in a way that can make it hard for you to spot them.

    I would easily classify Cash FX in the second group as it’s, without a doubt, one of the “best” business models I’ve seen lately.

    Just another Forex MLM trading platform that, in my opinion, is nothing but a cleverly masked Ponzi scheme.

    I’m staying away from it, and everyone should too.

    Reply
  43. Hi Tony,

    I appreciate you posting this updated review of cashForex. I was kind of waiting for it. 
    it is needy time for many people to earn staying at home through online business. May it be pandemic or time freedom. However, it never means you should be in a hurry to choose something without proper research. You may get scammed and lose your initial investment.

    After reading this detailed review, this lucrative program does not have authentic registration code and has not been scrutinized by regulatory authority. Besides, it doesn’t include US as one of the participants possibly they may possibly come under scrutiny.

    I will not consider joining in this program.

    Reply
  44. Thank you so much for this extremely informative article! it definitely opened my eyes in regards to the online world. Unfortunately I have been a victim of it by making me believe that I could’ve earn money quickly on the internet without prior experiences. As you said in your article: Don’t join prior to reading! You were exactly right! And I have learnt the lesson in the hard way! I will definitely do my own research before trusting anyone on the internet! 

    Reply
  45. I always thought that forex was illegal and fraudulent. It is the way society perceives it. But your website gave me some clarification. I am now aware of what forex is about and how it works. There is a lot of scams that happen online. Thank you for giving me more clarification. I am now aware of the scam group. 

    Reply
  46. Cash FX Group Scam Updated Review Really Help Million Of People. This article is very important for ordinary people We Love Your Review. Thank you so much for showing us the way Thanks -tonyleehamilton

    Cash FX Group Scam Updated Review Really Help Million Of People. This article is very important for ordinary people We Love Your Review. Thank you so much for showing us the way Thanks – tonyleehamilton

    Reply
  47. Thanks for this comprehensive review about Cash FX. I always run away when I see a forex trading platform coming in the form of multi-level marketing (MLM) business model. One need to be careful or risk making an investment you will never profit from.

    These schemes coerce you into a multi-level marketing scheme where rather than focusing on the reason you joined, in this case, trading forex – most of your time is spent recruiting new members into the company. So, the money is generated through recruiting and when recruitment stops the whole thing collapse!

    Reply
  48. Tony –
    Thanks for you information about this! I have seen a few things like CashFX pop up and have never understood how they work. I watched a documentary on a pyramid scheme (Lula Rich) and people lost tens of thousands of dollars. I’m guessing that CashFX is quite similar and will quickly starve their revenue.
    I appreciate you breaking down the reasons why CashFx would be risky. I think the proof of FOREX trades is the biggest red flag for me! Going along with the fixed returns it all just doesn’t add up. 
    Do you know if this is something legally operated in the U.S.?

    Reply
  49. Thank you so much for this review , i think it gives a clear explanation to anyone who wants to do online investment and open their eyes to those people ready to scam which you have emphasised .Many people rush to get quick money where they end up losing even the little they have . Thank you again i found this article helpful.

    Reply
  50. Good review, I don’t really trust Forex trading platforms. They are an easy way to lose hard earned money very quickly. It’s good that there are reviews like this out there informing people of the reality of scams that are around the internet especially in the trading industry. Very informative on the way You integrate all the truths about the platform right down to them being unregulated. The company fails to provide any sort of reassurance as to whether they actually do trade Forex. Too many pitfalls for my liking and I’m sure others will feel the same.

    Reply
  51. Thank you for your perspective on this. I have been a market trader for about 10 years, mostly swing and day trades with equity instruments. I try to stay out of derivatives. The forex market has always fascinated me, but I know a lot of people that attempt to play and do not do well. From an MLM standpoint, this seems very unsafe and not a good use of money when taking fees etc into account. I feel there are safer and less fee-based ways to invest money in markets other than this. I do belong to reputable trading groups as well as MLM’s and the only MLM’s I can suggest that are worth anything are for goods and services that one would use and are highly consumable. Best of luck to all on the road to retirement!

    Reply
  52. hey tony lee Hamilton, i really enjoyed this article, I have heard a lot about cashfx, but i have never gotten a detailed article like this one. I personally agree with your take and I wouldn’t advice anyone to do it but if they should go in they should thread with caution and also be very careful as well

    Reply
  53. Hello Tony!

    Thank you for your review on Cash FX Group!

    I’ve actually heard of them before. I’ve been doing forex for a while now and there are many of these forex mlms populating now more than ever.

    I’ve actually been a part of one, IM Academy formerly known as IMarketsLive.

    I left because there were things going on internally within the company that wasn’t following their own guidelines, policies, and compliance rules.  Recently a bunch of their leaders are no longer part of the company so they are cleaning up, including all the different Binary Brokers they use!

    Thanks again. Just wanted to share my experience in these types of things!

    Reply
  54. I like the way you write your reviews. Clear and to the point. there are several broken video links – since the article was dated 2020 not sure if this post is still applicable or not. I did click on your #1 recommendation – Legendary marketing. Interested in getting more info on this. 

    Reply
  55. So many MLM’s out there. I had not yet heard of Cash FX. Anything that doesn’t fall into compliance with financial regulations is a red flag to me. While I do believe you have to invest money to make money this seems over the top and not something that will provide long term financial stability or I could support ethically. 

    Reply
  56. My bro was trading with it early last year until his account got blocked for no reason with some funds in the account, he tried reaching to the customer care but never got a feedback. he said he asked his friends that are trading with the apk if they have had such experience but they said no. he was soo confused I will surely show him this thread once he comes back home.

    Reply
  57. Hi Tony! What an amazingly frank and honest review. I really thank you for that. The reason I read your article is because my youngest son has just started Fourex trading and he keeps talking about needing to invest money in a larger company for guidance and investment options.( He made his first $100 dollars yesterday by himself!)

    Your article while dealing with Cash FX Group specifically in your review has also opened my eyes to what I should be looking for in general so I can talk about it with my son. That is priceless information for me. 

    Reply
  58. Thanks for the honest review- so many sharks out there preying on people with little or no financial knowledge and promising the earth regarding financial returns . Certainly promises of 200% ROI and pay to play “pyramid schemes” and not being being able to operate in USA smack of deception so grat that you laid these points out . However, sadly not everyone has these investigating skills are often badly burnt !

    Reply
  59. I will never be able to understand how come people are so sneaky and unethical. Most of their victims are desperate people looking for a a way out of their economic problems. I myself was looking for a way out. But all the propaganda these people publish made me waste my time and give a bad reputation to the online business. Thank God I finally found a legit site called Wealthy Affiliate. One of the sites you suggest. Keep up the good work. God bless you. 

    Reply
  60. I think I just found the exact information I have been looking for, and after reading I think I am going to opt out of the cash FX group. There are some really appealing aspects about this investment, like their fixed return on investment, to name a few, but thanks for this update, I can now make a more informed decision.

    Reply
  61. “Never invest more than you are willing to lose.”   What a profound statement!  I read your previous review and it seems pretty evident by now that Cash FX is indeed a scam.  There will be more and more experts and reviewers piling on until the SEC and other regulatory groups are forced to take action.  

    The world is such a big place, filled with so many people that our regulatory agencies must feel like they are trying to hold back a flood with their hands.  It can’t be done.  People are ultimately responsible for their own decisions but my heart aches for those who will be taken in by this group.

    Reply
  62. I don’t understand why these types of companies are even allowed to trade. These sorts of businesses are the type that scam people of their hard earned money, only to disappear without a trace leaving the investor broke. The whole process sounds dodgy! Definitely be weary of these types of companies, especially that they don’t offer any information of what they are about. Thanks Tony for your informative reviews.

    Reply
  63. I had never heard before about Cash FX group before I stumbled into your website! Really thankful for the post, the more you know the better. I read your other posts too and all of the content on the website is very informative and I’m really saving this one for future! Thank you!

    Reply
  64. The first warning that comes in the opening line of the CFX review is the warning to the you. Many people fell victims because they set themselves to be scammed.

    If by the age you are to begin to look for a source of income and you are still living in the dream world that many can be had without efforts, you are only setting your self up to loose whatever you have to the other.

    By addressing this problem, I want to sincerely appreciate the efforts put here for the collective good of internet users.

    And the review itself is so detailed that you will be left with the right information to take an informed decision.

    Reply
  65. This review of Cash FX Group made my skin crawl. The entire entity sounds shady especially when you are looking into the fact that there are no products or services that are being offered. To me, the company sounds like a MLM that doesn’t care about the person…they only care about the money they are making (hand over fist). I would be interested to see how long the company lasts or if this will morph into other companies that offer the same thing. Thank you so much for your review. I will steer clear of this one!

    Reply
  66. The site is extensive, very informative, but why the August 2020 date? Oh, the review update link. I missed it at first. Thought, “If this is actually a current working site it needs updating” It’s nice to have all this information. Even if it is old. The video links are not available – that may be because of the age and can lead to readers doubting it’s content.” Then I found the link that I had skimmed right over. The link is a nice update, but … Question: are you trying to sell this product? Because that’s what a skimmer might conclude. Skimmers don’t really read. For them you provide: what it is, how it works, how to sign up even the training – looks great. Unless of course they catch the large video link advising not. 

    The first link link image is great – large, bright, attention drawing color and informative. The three that follow are a little cluttered. And, the second links image falls a little short of the other three. Overall I loved the impact but, a black space with: 

    “Video unavailable”

    “Playback on other websites has been disabled by the video owner”.

    “Watch on YouTube”

    may not work in your favor.

    Reply
  67. Hi there, congrats on the work done on your website! These are my few observations: 

    The third video on your landing page has a “This video is unavailable” message, you can fix it or remove it entirely.

    All websites interact with user data in some way. This means that if you have a website and you intend to have people visit that website, then it’s advisable that you include a privacy policy. It informs users about what data you collect, how it’s used, stored, and protected.

    thirdly, the “become healthier” page does not show the main menu in case someone wants to go to a different page/post on your website. if it’s possible please fix it so that the menu show despite the page the user is on.

    cheers

    Reply
  68. It is a very professional-looking website, with lots of information to take in and links to check out. The only thing was that some of the Videos were not available you maybe could have put some more pictures in the text there is a lot of reading. Otherwise, it is a great website. Well done keep up the good work.

    Reply
  69. You definitely hammered it home about it taking work to earn money. Thank you for pointing that out to people who may be looking to invest. I just don’t believe it has to be the back-breaking kind.  What do you think is a better way though?

    I don’t really trust anybody online who tells you to give them your money and they’ll take care of the rest. A 200 to 400% return? Sriously? That just sounds too good to be true. I would like a way out of my day job though and there are legit opportunities online I just haven’t found them yet. Thanks

    Reply
  70. Wow! Crazy how professional modern scam artists can make their content look. It’s truly unfortunate how many people dump money into these things… I have been there! They sell you your dream, at your expense, make their money and leave you in the dust. Sad really.. I appreciate your message at the very beginning regarding how one needs to work hard in order to produce any substantial amount of income be it passively or actively produced. I’ll watch out for this one in my travels!

    Cheers

    Zach

    Reply
  71. Well Tony, I’m glad I just found your updated review on the cash FX group. It seems to have proven that my initial fears were correct. They now definitely seem to be a pyramid scheme. I was worried the moment investing cash was mentioned. I am a retired banker and the information you listed raised many red flags. I really will be avoiding them now. Thank you for enlightening your readers with this new information. Jim

    Reply
  72. After reading this review I know I won’t be spending a dime with Cash FX in the future. I’ve recently looked at a few opportunities in forex and cryptocurrency, but I’m not on board with any one of them just yet. 

    This review is 100% correct, and after reading this review it inspired me to look for Cash FX on Trustpilot. There’s a notice at the top of the page on Trustpilot that Cash FX has garnered regulatory attention now. 

    With an advisory to be careful about spending money with Cash FX. Thanks for the spot-on review, it insured me that my money is better off in my wallet than theirs. 

    The fact that you pointed out that only 70% of your investment is actually used for trades and that there’s no service or product to speak of tells me everything I need to know. 

    I’m glad I stumbled upon this review before I stumbled upon Cash FX, you just saved me from wasting my money. 

    Thanks! 

    Reply
  73. Thank you for the update on Cash FX. Looks like they still haven’t changed anything. I remember reading about them in earlier in the year. I have seen a lot of poor thoughts regarding their product. It really is a shame, the amount of money that people will pass out for a get rich quick scheme. 

    Unfortunately, nothing is free in this life and you have to work for it all. With that said, a lot of people can make money doing off the wall jobs, but there is work or additional finances being provided somewhere. 

    Reply
  74. Hey Tony, this post is very helpful. Nowadays this is the kind of information we need, to help take control of our finances, to find a way to earn real money not just by scams. After reading your review there’s no way I’d not want to try and see for myself that CFX is legit.

    Reply
  75. It’s comical to hear about 200% return for beginners. But there are always people who actually believe in these scams. It’s such a shame that MLM is still a thing because it ruins so many lives, literally. Thank you for such a detailed post about this scammy website. I hope that everyone else can see this post and leave the program. But I have a question, have you ever been trapped by the MLM scam? If so could you share your experience?

    Reply
  76. its definately not what it seems personally i believe its a scam of some kind just because of the lack of content in the site  most likely they get investors to join give them a fixed amount every month making them do all the footwork  why they sat back and collect .

    Reply
  77. Great review Tony. Forex trading is a risky business, and we need to be careful with our money. Lots of scam artists make it harder for the average joe to find where to invest their money in. Hopefully, people on the internet, get educated on avoiding sketchy trading sites like CashFX. 

    Reply
  78. This was an interesting summary of everything going on these days in “Earn Online from Home”. When I read “About page” I realized that it is definitely written by someone who has rich experience on this topic.  Seems to me that here are presentations for everyone. Anyone will surely find something that will catch their attention. YouTube videos about WebTalk  opened my eyes!  Content introduce us with a lot of different videos on this topic. In few of them information are repeated, but ok. I was hopping to find out little more about MoneyLine, maybe also videos.

    At the bottom line: I found this site is very helpful because it gives you a lot of creative business choices and something to think about if you are looking a way to earn  legit money online or to learn new things for improving existing business.

    Reply
  79. Hi, how are you, your work has touched me, I’ve been living in this situation, despite always working on everything I find, it’s been a year and a half now that I’ve been trying to earn extra income to help my family, I honestly feel that I’m be fooled because the topics or goals of the people who teach us are never complete, which always leaves us by the way.
    I can’t explain it to you but your work is very sincere and purely true, personally and professionally I hope to work with you one day, you’re direct and you know what you’re saying.

    Reply
  80. These Ponzi Schemes are increasing day by day and people are attracted by their advertisements and return a profit. The margins are so high and they show us all the testimonies where people earning a bunch of money by investing in forex any type of trading. Cash FX Group is very popular and at first, if  I have to join their program I need to be referred by someone who uses it. These ploys create more trust and belief about the program and make me believe it’s real and ethical. From your article, it’s very clear they have no retail products or services, no government approval, no history in forex trade, Fixed and guaranteed return in investment, and above all, they only accept Bitcoin all these lead to more suspicious behavior. Thanks for sharing all the useful info about CashFX it really helps others who are willing to join the program.

    Reply
  81. Hi Tony

    This is yet another Forex trading scam by the looks of it. Most people lose money trading (me included) due to day trading. Trying to capture those small movements and make a profit is difficult. 

    This one looks like it is really an MLM scheme at best and a pyramid at worst. If the income is really generated through bringing other people onboard then it isn’t even a trading system opportunity

    Best to steer clear

    Reply
  82. Thank god i stumbled upon this review. I’m constantly trying to find some jobs online so i can work from home and at first glance Cash FX sounded legit. But after reading this thorough review no thanks, ill be checking out some alternatives.

    Thanks tony and keep up the good work!

    Reply
  83. I had read your earlier review and decided it was definitely not for me. CashFX looks to be something that takes advantage of those not savvy enough to read reviews like the one you have posted here, Tony. There are a lot of great ways to make money on the Internet. I am not a fan of these forex trading schemes.  

    Reply
  84. Hi there

    Thank you for the explicit review on cashfx. 

    As someone who is constantly in the market for great work from home online business, i would have maybe tried it out someday, if I didn’t come across this review. 

    I will be checking out the recommended alternative. 

    Will it be ok if I have to come back here and comment on my experience on the freelance digital marketing you recommended? 

    Reply
  85. Hi Tony, Thanks so much for your honest review of Cash FX –  I’ll know to avoid this program now. No product for your investment is always a big red flag for me as it’s the very definition of a pyramid scheme but I can see how easy it would be for someone like me, who has no clue about forex trading, could fall prey to something like this – because all the terminology is new to me and sounds legit. Deeply grateful to you for going to all the trouble of investigating the company and uncovering what they are really about when you get past the marketing speak.

    Reply
  86. Thanks Tony for the headsup! After reading your post, I have come to the conclusion that, if I were to make any investments, I would open an account with well-known regulated forex brokers. I do not have anywhere the breadth of knowledge you have to assess the many forex brokers out there to discern the good from the bad. Thanks again for your review!

    Reply
  87. Hi Tony,

    Once more you have perfectly dissected through the post all about Cash FX Group, I think it is essential to be well trained and educated in online investments before carrying them out. Generally those of us who are enthusiastic we rush to make the decision, I do not know if it is due to some kind of cognitive failure or to get easily carried away by emotions. Or maybe a little of both. That is why I will always say that for everything in life you first have to train and educate yourself and then start acting.

    The fact is that when we see something that looks like a round business, instead of looking at everything and wondering if the website we are seeing is being transparent, we tend to easily fall into the trap.

    Thanks to different forums and specialized websites like yours, we have an opportunity to see in greater detail and a more balanced analysis what may be behind the staging.

    As a final point I would like to point out that fraud is the order of the day on the web and as a suggestion to the community to say that when a website is new and does not yet have specialized reviews, it is better to wait or opt for sites that already have a consolidated track record with reviews favorable. What do you think about it?

    Greetings!

    Reply
  88. Thanks for detailed article Tony. Quick question: When you say CFX uses a multi-level marketing model, does that mean members have to get into recruiting to make any headway (and/or money?!?)  Not enough hours in the day to do recruiting meetings and phone calls, which is what I think of when I hear MLM lol. But seriously looking for any edge I can get, so in your experience, how much time would I need to spend in recruiting new members, or can I just rock on with the program and get value from this without recruiting. Thanks in advance for any reply bro.

    Reply
  89. Hi Tony its great that you investigating on these online scammers too take our hard earn money from us. I was scammed $200.00 last year from a Bitcoin crpyto currency online trading business, promised too invest $200.00 too make $10,000 wow that sure grab me too try this within a week I would make this money. Well to my surprise a week passed and nothing, just the sponsor told me my trading signal was down and I needed too purchase my investment a $300.00 for the signal too go up? So I investigated online Scam detectives and they told me its a scam and to not purchase any money again since I lost my $200.00 I don’t know anything about bitcoin currency or Forex trading so I would stay away from these online scams.!!

    Reply
  90. Thank you for your explicit explanation of the cash FX group scam. Most times investing in programs that are not verified is very risky, I have invested in some programs and failed me. My take is that we should be careful and make proper research before investing into any platform.

    Reply
  91. I like everything. You have a very informative info there. You`ve took many deployed answers and introduced it to people. But in general, of course, there are very scammers in a particular industry, and especially on the opportunity to make money on the Internet. Therefore, people like you who help to expose them and about the myths that do nothing, everything will come by itself.

    Reply
  92. It’s always good to research on training websites that are available before you spend a dime on it. I would think researching before joining a program is important because what if you get scammed into a program and end up losing money that could have been used for other things. It couldn’t hurt to just spend 10 to 15 minutes researching the program you wanted to join. For example if you were to research Wealthy Afilliate and do search up if it’s a scam or not, results will pop up saying it’s not a scam and videos showing that it’s a legitimate website. Now for other websites you wanna do research on it and think to yourself do you really wanna do this, if yes then do the research find out exactly what you want to do and go for it!! Don’t stop the grind and push yourself to do better!!  

    Reply
  93. Freaky I found this article as I was literally looking at potentially joining Cash FX but I found many red flags before reading your articles and now I’m pretty much convinced that this is indeed a weak house of cards that will collapse when people stop joining. 

    I’m curious, have you personally joined them? I’m currently speaking with a lady who has joined in November 2020 and claims to make decent money. Yeah right. She also claims to have seen all the bad reviews and that the company has been operational for 3 years. I have not found evidence to back up her claims. 

    I’m curious if you know more about that?

    Reply
  94. These types of programs really scare me… not because I’m worried about being scammed but because I know there are people out there that do not fully understand what they are getting involved in.  I wish more people did their homework and studied and analyzed what they find.  I hate seeing people using their hard earned cash to only be ripped off and used by someone else.  I’m not one to use scams when referencing other people’s work but when I do see one I will call attention to it and the reasoning behind it.  I appreciate your thoughts on this topic and CashFx itself.  Nicely done.

    Reply
  95. Is the article written in 2020, that what it looked like the article was submitted? but has been updated in 2021? I couldn’t tell exactly from your headline.  Looks like some of the video links might need to be updated, they were showing missing videos. 

    I can tell and you documented LOTS of research!!!  I’m not joining, you convinced me!  Thanks for all the helpful information!

    Reply
  96. A multi-level marketing trading system? Wow this next level of scam absolutely blows my mind. Thanks for the warning about Cash FX,  most of the time people fall into scams due to lack of information. Your review will definitely help many people see through the program and save them from making the mistake of joining.

    People joining thinking that they can earn quick money but only to lose out on their hard-earned income. This just goes to show how important it is to do your research before joining anything.

    Reply
  97. This is the type of post and article we need to see more of these days. It would save us all a lot of pain when we are trying to find good programs for one reason or anotha.

    Is there a particular record site or something where you can see the analyticals or statistics of a site to verify authenticity?

    Reply
  98. It was really very informative article, I didn’t know a thing about trading but the cash forex review made me realise that there are people out there who want to scam you and take advantage of you. Thankyou for reviewing and warning about such scammy sites. I enjoyed reading your article

    Reply
  99. In the review of Cash FX Group, you painted a very clear picture them being an MLM company with no retail products or services.  You have to recruit affiliate marketers to earn money for the company’s compensation.

    In the CSX Marketing System, you get a fixed amount as recruitment commission.  It gives you profit every 30 days, as long as the recruitment of affiliates continues.  I agree that when the people stop joining, the money will be gone.  Their claim of being able to earn from 200% to 400% on your investment is not realistic.

    Cash FX Group does appear to be a pyramid scheme.  Not providing information on the founders is definitely a red flag.  Also, not being able to verify that they are being regulated is an issue.

    When you invest in their trade contracts, 30% is used to pay other affiliates above your level and 70% is used for Forex trades.  To continue your return of investments, you must reinvest your earnings.

    I agree that their are too many red flags with Cash FX Group to be a sound investment. 

    Reply
  100. Your article is very educative. Most victims of these scams on the internet are those always looking for the shortcut. The scammers make their adverts sound good and easy to succeed in life. But as you rightly said, there is no shortcut in life to be rich.

    People fall into the hands of these scammers due to lack of information. Not that the information is not out there, but the knowledge or time to read more about such services, they don’t have that time. Is so sad that one cannot have the time but will go the extra mile to have the money to put in a business he or she has no clue what will happen next.

    I strongly think that if people are going to invest their money in any online business, they should first check the legal status of it and if in doubt seek help from expects in that field of trade.

    Reply
  101. Very informative article. The article flows and have a good structure from the initial question of “What is CFX Trading?”, than looking at the marketing system with, “What is the CFX Marketing System?” to comparing “Is Cash FX a Pyramid Scheme?”. Also looking at the Regulations, “Is Cash FX Regulated?” And than finally analyzing by unpacking every aspect “Is Cash FX a Scam or Legitimate Investing Opportunity?” by focusing on,”1. No retail services or products”, “2. No history or proof of forex trades”, “3. Similarities to past forex scams”, “4. Fixed returns on investment”, “5. Unregistered business operations”. The final conclusion is sound and based on what has been presented.

    Reply
  102. Reviewing your site this site looks very clean tidy plenty and I mean plenty of information well done there must have taken a lot of investigating to find out all about these different scams.
    That can be so difficult to know what is a scam and not is a scam so well done in finding out so much information, put up not only in word but videos as well.
    At this point I must say a few of your videos not available wrote across them so you might want to look into that.
    the site itself set out very nicely with plenty of leads to follow and links to open, as I went through them I don’t know whether I’ve got them all most worked.
    As I went in checked each one has a lot of reading within it and videos at at times can be watched for more information
    Is Cash FX Regulated? Above this the video it’s not available
    Is Cash FX a Scam or Legitimate Investing Opportunity? Also above this video not available
    Summary this video not available within summary also has this This Facebook post is no longer available.
    (It may have been removed or the privacy settings of the post may have changed).
    Just things you might want to change by rechecking.
    To finish off below comments have clicked image below that works I tried that for anyone who wants to start a profitable online business but doesn’t know where to begin comes up fine.
    Clicking image below bonuses and videos is fine discover a secret most affiliate marketers will never tell you.
    So all in all all the recent post links work well.
    So full congratulations on a nice site with a lot of information for people to learn about the scams put on the internet
    Ian Jackson

    Reply
  103. I’m very sure that my 16 years old son who is very picking when it comes to food, will enjoy homemade Burger Bun. As they may have superior flavour.  In fact, I was just salivating when I was at your website. Thanks for providing the recipes in a simplified manner.

    Reply
  104. This article is very informative. As somebody who isn’t really familiar with how financial trading works, it could have been easy for me to fall for a scam like Cash FX. There is a saying that if something sounds too good to be true, it probably is. Scammers like to prey upon those who don’t understand how something is really supposed to work. If you can’t find any information about who the people running Cash FX are, that is a really bad sign as something probably isn’t right about Cash FX.

    Reply
  105. The topic that Tony Lee writes about is very well known to me because I ended up on a similar platform in the beginning. Constantly taking money for any system upgrades, support and there is no one to explain to you what kind of goods you should send people emails for. Fortunately, I came across a post by a man who, like Tony Lee, wrote about various platforms and had a list to recommend or to avoid. People like him are a beacon in the ocean of internet scams.

    Reply
  106. Very honest review and interesting perspective on the topic. Nowadays there’s so many programs out there that turns out to be a scam or a pyramid game, it’s good to see some honest reviews on them so people can make a well informed decision for their online businesses. 

    I find this post really helpful for people who are involved in affiliate marketing, so thank you for this post!

    j.

    Reply
  107. Interesting perspective here, and I love your honest review.  I am very much aware of today’s financial climate, and how many pyramid schemes there are to try to manipulate individuals to make money quick.  This article explains in detail the importance of looking for certain red flags in any sort of money making program.  It is very important in today’s world to know what to look out for. 

    Reply
  108. Thank you for making your research and writing this review. I never  knew that cash FX wasn’t that but after reading your article I will be more cautious about cash FX and I will tell others about this too. Ponzi sites are on the high side nowadays.

    I will be more careful.

    Reply
  109. Hi Tony,

    Great looking site, i have invested in FX and crypto platforms before and you point out so valid points that should be considered before investing in such schemes. Unfortunately some of the links to the video’s are unavailable so I was not able to follow up with them. 

    I would certainly look at your site if i was doing due diligence on the selected platform if it was presented to me as ranked on one of the top search engines.

    I hope this helps and good luck.

    Simon
     

    Reply
  110. First of all, thanks for keeping people updated on the scams that are out. It’s very helpful. Them not having any actual products or services is alarming. I definitely agree with you on their approach being unethical and illegal. It’s unfortunate that there are companies like this that try to use people to make money. But, I am glad there are people like you exposing them and allowing others not to fall for the scams!

    Reply
  111. It is really good that you have done the research to let people know about Cash FX Group.  All of the facts that you found do make the whole thing seem like it really is a scam.  I also wanted you to know that some of your videos are not showing up in your post.  I just hope that people are able to find your post before getting caught up in the scam.

    Reply
  112. This page is really impressive and in today’s day, most of the sites are scams. Many people don’t know anything about and they fall for it. No one can earn easy money, you have to work hard to get it. This page is given me a piece of good information about the Cash Fx group scam. Thank you for explaining in detail about the site.

    All the best

    Reply
  113. Although I understand the topic of the site, it is over expressed for a review. The home page is written like a dissertation and is very wordy for a review. It appears as if one of the videos is missing/link broken. The links on the Top Recommendation page leads too another set of links, why?

    Reply
  114. Hi, thank you for the update review of this program. I can see that you are really dedicated in what you do. Thank you so much for the detailed review with all the points covered and with the clear conclusion as well. I will steer clear from this for sure. 🙂

    Reply
  115. I understand the general caution against investing money in some online program. Especially when it comes to trading, an established relationship with a professional is simply the way to go. Even if you have to pick the brain of a friend in the industry, without necessarily hiring them.

    Interestingly enough, I’ve seen quite a number of positive (even rave) reviews from Cash FX users. Some are even baffled by the negative reviews. At the very least, maybe some extra homework is required for anyone considering them.

    Reply
  116. Hi 

    A lot of people do end up getting scammed. I feel like this issue should be talked about more often so that people know what to look out for, things like, emails, phone calls, social media platforms. Do enough research about what ever company it is that your interested in, Just like in this article, the author has said, “some people still believe that there are some shortcuts to success in life without working hard.” 

    It is hard to find out if it’s legit, but there are signs that need to be more talked about to get more knowledge and understanding within this industry. 

    I have seen people fall down this road and end up losing their hard earned money and then end up with nothing.

    Anyways, really good article

    Reply
  117. Something just doesn’t seem right with this. Guarantees of as much as 400%…? That can’t be real. So many things about Cash FX Group scream scam. I mean, how can a platform or an individual be successful at making money when there are no products or services offered. Where does the return on your money come from. As mentioned in the article, no forex traders in the world are that good at predicting and making that much money every single week. Thanks for the heads up about these guys. I definitely wouldn’t recommend them to anyone. 

    Reply
  118. Thank you for the warning about Cash FX. Those are a lot of red flags and I think you review will save many people from making the mistake of joining, only to lose out on their hard earned income. I am not a fan of pyramid schemes and companies that operate that way. I hope this company is eventually put out of business. Just goes to show you should always do your homework before joining anything!

    Reply
  119. Tony,

    Another well written article. I like how right away you mention what this site is and what it is not. You also go on to add that there is no mention of who owns or runs the website which is always a red flag because that is a lack of transparency. No listing of retail products or services on their site only makes the red flag that I already have more red. 

    I like how you break down your concerns about this site piece by piece throughout your article. You mention that their affiliate program only allows affiliate to promote their company (sounds like a scam to me.) 

    Anytime something sounds to good to be true, it probably is. Well in the case of Cash FX Group, they take that saying to a whole new horrible level! They are making guarantees of a 200-400% return on your money! That’s insane in a bad way!

    I like how you cut through their lies and shady business practices by explaining that although this company claims to invest your money, they aren’t investing ANY of it! (FRAUD)

    This definitely has the trademarks of a classic pyramid scheme because as you mention in your article, you will make money each time a new affiliate joins. However once that stops, so does all of the money!

    Tony, thank you for taking the time to do your research and due diligence on this company. While I can’t say for sure that this is a scam, I would give it about a 90% or greater likelihood of being a scam. As the old saying goes: “If it smells like a fish, looks like a fish and swims like a fish, it’s most likely a fish”. So, if it looks like a scam, smells like a scam and conducts itself like a scam, it’s most likely a scam.” If this was legit, there wouldn’t have been so many red flags. 

    I would advise anyone to STAY AWAY from Cash FX Group!

    Reply
  120. Well, I have never really felt at peace with this platform and seeing the FCAT people are not really encouringbwith this review. Thanks for sharingbehre and helping people like us not to get tangled in such a dishonest platform like this here. Thanks so much for sharing this with us all. Thumbs up for actually sharing

    Reply
  121. The program just isn’t really straightforward. They state that they have the connections and experience to help you invest your money, yet do not provide any evidence. Plus, they claim they can make you 15% interest monthly, which is unlikely. On top of that, they’re not registered to any financial regulators. Thank you for taking the time to share your analysis on CFX Group.

    Reply
  122. Hi, Tony! Wow- I didn’t realize that the Cash FX Group doesn’t provide details about the behind-the-scenes practices involved with their trading and how they are not registered with financial regulators. That is really concerning to me and would discourage me against getting involved with their group- thanks for the heads up!

    Reply
  123. Forex trading is just as risky as trading stocks and options. This company seems even more mysterious and untrustworthy. Legit companies are more transparent in their activities. Although, from what you’ve learned, it seems that they clearly pay themselves first out of their client’s funds. I will be sure to apply your key points to watch for against any company offers that appear too good to be true. Keep up with the great research.

    Reply
  124. “Just like in other areas of life, some people still believe that there are some shortcuts to success in life without working hard. However, that is never the case when it comes to life, and you’ll find some scam artists over the internet always ready to swindle you off your hard-earned money. Unfortunately, a lot of people normally fall under such traps and even end up spending their savings in hopes of getting rich quickly”by Tony Lee Hamilton.

    How true is this quote!
    I learned from this article to be very careful!

    There is a lot to learn from this article. I have to reread it and apply it exactly.

    Informative article on Cash FX Group.Earning 15% a week is very much!

    Cash FX Group is one I have to avoid.

    Respectfully
    Vasile,

    Reply
  125. Very informative article on Cash FX Group.  You are completely correct about the impossibility of consistently earning 15% a week on your investment.  Even legendary trader Warren Buffett, who has often been the richest man in the world, doesn’t earn 15% a week consistently on his money.

    Thanks for the warning.  What other programs would you caution people about?

    Reply
  126. Hello, I heard the following statement in one of your videos: “Never invest more than you are willing to lose.” I don’t know why people create deceptive websites like Cash FX. Every day, I’m afraid, a large number of people join such websites. I believe it is a crime to have such sites so close to us. People go online in search of assistance in a specific area of their lives. So bad, but I believe we should promote many more appropriate methods of guiding clients in getting what they are looking for on the internet. The only problem I have is how can I tell if a website I’m viewing is legitimate or not?

    Thank you

    Reply
  127. Hey Tony,

    It’s reviews like these that we need online to make others aware that companies like this exist. It’s a shame what some people do to scam others. My usual practice is, if they want you to sell their product to get money then they are most likely a scam. The too good to be true saying also applies. Thankfully we have people like you writing about the scams online, will certainly stay away, thank you.

    Reply
  128. I recently had an experience with a Forex Trading site that turns out requires me to pay taxes on my fees for withdrawing 36K. What do you think about this?

    They kept hustling me out my money every single month as I am on disability, and at only $800 per month I certainly don’t make that much to be losing money. And now I only have $100 left to pay to get all my money (or so they say).

    So, do you think this site is a scam or not because I am new to Forex Trading and am trying to educate myself on this topic.

    Very interesting article given what’s happen to me…

    Reply
  129. You have a great topic for your website. Lately I have been getting so many “make money online” emails its outrageous. I am also a psychotherapist and have had 2 clients recently scammed. It is so important to help people know more about what is out there. You website is very helpfu

    Reply
  130. this is very helpful,i was wondering is cfx is a scam with the news i have been hearing about them.but with the help of this review i can finally make a decision to work with them as an affiliate to their product.but do you think it worth it to give my time and resources to work with them? 

    Reply
  131. I am not very familiar with Forex trading but I have been looking to get involved with it and came across your article.  I know there are a lot of legitimate MLM companies out there, but after reading your in depth article, I honestly do not believe CashFX to be one of them.  I’m not sure I would call it a “scam” but it sounds like they don’t provide adequate training or transparency within their own company.  That seems fishy to me. 

    Reply
  132. The whole cashFX thing seemed quite fishy to me but luckily, I came up here and found out the detailed article, thanks for the information, there are a lot of scam programs are around us and we never know, some of us are part of it without even knowing it. Useful information, I hope others will benefit from it too.

    Shah

    Reply
  133. For me this is very interesting topic. I was once a victim of this sort of scam. I was younger that time and novice in the trading world. But thanked God, I only invested a smaller amount but still it was a hard earned money. I learned my lesson.

    Now, every time I read about these “too good to be true” promises, I fell sorry for their next victims, so this article is really very useful and reminder for anyone intending to invest to not to fall into this Pyramid or Ponzi Scheme. In my experience, one of the signs that the company is a scam is that their people are too  aggressive to let you in, They will keep on calling you countless times. They also used unregistered brokers. Oftentimes their promotion  ad looks genuine and very enticing but beware when you dig deeper into their operation, like, looking at the scam review, you’ll get disappointed that they are scammers. It is very important  to do  some  research on their organization and operation before you decide to join.  

    Reply
  134. This is a very dangerous online platform where many people would easily be deceived with promising returns. I’m glad you’re able to convey your messages about this scam in detail and very clear. People will be able to judge the CFX program easily and know the risk if they are still want to experience themselves on this platform.

    Reply
  135. i was wondering if cash fx and all of the stuff they claim to do was really worth joining or if it would just turn out to burn a hole in my pocket. thank you for the honest and in depth review. truly appreciated. everything i seem to come across with forex trading has some question marks. But this right here explains a ton about that cash fx group I’ve seen so much about. 

    Reply
  136. Howdy Tony, 

    There are so many of these Ponzi schemes going on these days. Especially with these “newer,” more popular ways of making money. Everyday citizens now have more access to these different platforms for trading currencies, stocks, options, etc. that the dark side of these worlds is coming out full force!

    Great stuff, Tony!

    Keep up the good work!

    Reply
  137. Hello, Hamilton.
    If you recall, I previously remarked on your enlightening us the public about the Cash Fx Group fraud offers, but this time I want to ask, what if someone has already been scammed in their investment plan, what steps can be taken to get your money back? Do you have any idea if they offer a money-back guarantee? I frequently visit your blog in order to gain useful business ideas, and as a fan of your blog, I’d want to hear from you on this.

    Reply
  138. PYRAMID SCHEME BEWARE

    If you go around reading reviews about Cash fx you will find many red flags about the site and others saying it’s a scam. But basically, it’s a pyramid scheme type of business where the people at the top of the hierarchy earn more than the new recruits. It’s basically difficult to get people to join this site that’s why many new members will flag it as a scam because to earn depends on how many people you have recruited. You can make a decent income if you have a large following and good at marketing but otherwise, I wouldn’t recommend it.

    Reply
  139. Thanks for this in depth report. When it comes to investing in a ponzi operation, the best lessons learned are from the largest losses. Usually after they have been shut down and all the lawyer and court fees, there is nothing left to distribute. But wait, people still play the lottery, gamble at casinos, and still believe crypto currency has hard assets tied to its value. It doesn’t matter what people know, most of us have this urge to believe the improbable will be in our favor. Yep, I have been caught in a few of these, and I’ll probably get sucked into a few more, that’s what friends are for.

    Reply
  140. I really enjoyed learning more about Cash FX group on your post. Considering they have no retail services or products, no history or proof of forex trades, many similarities to past forex scams, and unregistered business operations I would have to steer clear of this investment personally. I really enjoyed the videos you scattered throughout your post. These really helped me understand the material here. It is basically a pyramid scheme so watch out!

    Reply
  141. Thanks for this review. 

    I am with a legitment MLM company that also provides education in the trading forex & crypto field. 

    however, this company is proven to give proper education & guidance to inexperience people who is seeking to learn a new skill. 

    it’s unfortunate that there are scams out there which ruins it for the legitment company. 

    there are proven experienced  live educators company. 

    Reply
  142. I joined on a 300 USD pack, and my mentor suggested that one of my family members join under me as well, for a total of 600 USD. The deposit was quick, and I began receiving 10.5 USD per week in my CashFX account. The real issue arises when you attempt to withdraw the funds. You are not permitted to withdraw. It will be credited to your account in 6-8 weeks, according to them. Only God knows if that company will still be around in six weeks. Worst of all, you can’t ask questions. Management and those in positions of power dislike being questioned. If you ask a question or leave a comment in a chat forum, they will make you remove it.
    Avoid using CFX. The company is entirely a Ponzi scheme. Total rip-off.

    Reply
  143. Thank you, Tony. It’s scary to think that many people are falling for this without any proof and testimonies from real customers or traders who have used Cash FX Group before. The company is basically a multi-level marketing pyramid scheme where whoever owns the business–or rather, whoever they don’t want exposing–is very unethical in their practices of not paying anyone what they earn right away to keep them around longer and get more money by having others invest with each new person introduced into the system through recruitment efforts like those we discussed earlier today on our call. This way, it becomes an endless cycle of fraudulence which I’m glad someone like yourself can expose us all to!

    Reply
  144. Although forex trading is legit and a good way to grow your capital, I do not recommend any of these programs, such as the Cash FX program. You never know whether your returns come from trading or the money flow gained from new recruitment. This smells like a Ponzi scheme to me, and I would rather trade my own capital on a registered broker of my own choosing.

    Reply
  145. It is a comprehensive review dealing with how to deal with online investment in general, and with the CashForex group in particular. Before joining an online investment company, we must first search whether this company is operating legally, and know the products and services in which this company invests. When the company’s legal information is lacking, and the area in which it invest is ambiguous, we are risking our hard-earned money. Therefore, we should be careful not to fall into the trap of fraud and lose everything we have earned throughout our lives and sit on the edge of poverty.

    Reply
  146. These kinds of programs sound dubious and risky from the word go. They are claiming that people can join without any prior knowledge and experience of affiliate marketing. Their program is about trading and investing. This fact may not be comforting for people who neither have affiliate marketing experience nor any trading experience.

    Another big warning sign as mentioned in your article is that there is no information about the owners of this program. There is no clarity as to how they would trade money invested by people who join them. People would be limited to earning commissions promoting Cash FX Group’s program only. Then those people need to reinvest their money after a point to continue with the program. On the whole, this seems like a small-time lottery system that too illegal. This one definitely should be avoided.

    Reply
  147. Again you have submitted a great honest review Tony!

    With so many scams online today your reviews for the older and less internet savvy people like myself are priceless, and while I have heard the phrase Ponzi schemes and the likes it is great that you do all the research for us. 

    Had I known of yourself earlier in my quest to find an online business I may have saved myself 1000’s $$$ in wasted investments and programs.

    Keep up the great reviews mate!

    Reply
  148. Excellent review Tony! Red flags everywhere! I have dabbled in the stock market myself but have stayed away from Forex trading. Your review tells me to definitely stay away from a website like CashFX. They promote the English language but not available in the US? Makes no sense to me. This site sounds like a money grab to me. Hopefully you didn’t get the bends on the way back up from your deep dive into this. Thank you!

    Reply
  149. Hi Tony I left a comment on your website. I have positive reports about Cashfx from a number of people whom I trust so I may try it out myself, just to confirm personally that it is ok (or not). I heard numerous people report that they received a regular return on their investment just as promised by the company.Alan

    Reply
  150. This is the first time I have heard of the CASH FX group.  I often receive notifications on my phone thru my Twitter account that unknown “Professionals” can take $500 and turn it into $5,000 using Forex trading strategies.  It is strange how ALL these opportunities can appear and exist in the investment niche unregulated.

    I know they may not operate from the United States so that can be one reason.  However, this company – CASH FX Group, has a multi-faceted approach.  As you mentioned, they offer a MLM guaranteed 200 to 400% ROI based SOLELY on new recruits.  Then, no where to identify any actual trades that show profit or loss.  

    So there is no way to identify how the funds are being used whether in a ethical or unethical way.  Based on your review, it definitely seems like a business opportunity to stay away from based on these findings.

    This article really sheds light on how certain companies operate from an outside view.  Unfortunately, companies like this will never share this information with the people they want to bring in.  

    Thanks for the thorough review of CASH FX group as Im sure other people who are doing their due diligence may run across this article/blog post as well.

    Reply
  151. I’m pretty much a newbie at marketing and all the subtleties and methodologies that go along with it. Your article offers a ton of useful information. It’s always good to have resources such as yours when doing research, especially when you are just starting out.

    I found some of the videos especially enlightening.

    I had a friend who was interested in a MLM program (I forget the name of the company – this was many years ago). The idea was to get commissions from selling a bottle of herbs for $50 US and to build a team doing the same. You also got money for each person you recruited as a member of your team. Each member of your team was expected to do the same – sell bottles of herbs and recruit people to be members of their own team. And so on. They also offered expensive “seminars” you were encouraged to take that provided training for your sales activities. I told my friend that this all looked like a pyramid scheme and pretty fishy to me. He signed up anyway.

    Sometime later and considerably poorer, he told me I was right and that he shouldn’t have signed up. In the meantime, I had done some research and found out some very interesting things about this company.

    One thing I did learn was to avoid MLM companies. You confirmed my wariness.

    It is very useful to have reviews such as yours to take a look at when you are looking to invest some money. There are a lot of scam companies out there and many more operating right on the border between legal and illegal. It seems like nearly everyone is trying to leverage the internet to make money. You have provided a lot of information all collected in a single website (I did nose around some of your other pages). This is a great boon when doing research.

    When I am ready to invest, I am definitely planning on using your site as a resource. In the meantime, I am trying to learn as much as I can.

    I know you are looking for a topic review, but I want to go off topic for a second. When commenting, I always take a look at people’s sites on my phone (this is very important to Google – something like 85% of people use a mobile device to browse the net). The left side of some of your pages are right up against the side of the screen, which makes them a bit hard to read, especially on phones with “infinity” edges like mine. But no worries. Just increase the left margin a bit.

    All in all, good job.

    Reply
  152. Dear Tony, thank you for exposing yet another illegal money syphoning venture for those wishing to do better in life. Based on your information, it is clear to me that the CFX Group, which is not registered with any financial regulators, is a threat to lives of many. Usually those getting involved in these schemes are low income earners trying to make ends meet. I hope your site receives lots of attention. Thank you again for bringing this to the public and hopefully the attention of the government.

    Reply
  153. Hey Tony,
    That was a thoroughly informative post. I could hardly believe what I read about and I am grateful to your extensive research and explicit warnings regarding investing in such schemes related to investments, money markets and bitcoins. I do hope that your post reaches as many unwary people as possible so that they are able to save money. Thank you for your research and warnings! Thanks again for sharing!

    Reply
  154. Hi Tony Lee , I have to commend you on highlighting this to everyone who is looking to earn money online , I have been contacted on several occasion with offer like this and is happy that I did not get involved and part company with my hard earn cash , as for you Tony you deserve a medal for this article , lots of people fell victim to these scam and is so depressed they never talk about it , but you did , and this article is very well put together with lots of detail , I want to personally thank you , with the fluctuation of the crypto market I been tempted to get involved but with the information you provide in this article , I will definitely check stuff like company registration and licence before I even attempt to sign up , very good article Tony , thanks you

    Reply
  155. Hi Tony, I once made an account with this company, thinking I would be able to make money with them. I first entered their website to look around and a bot message automatically popped up asking for my number for a call to provide more information, which I accepted. Then they told me to register there and then, while on the phone with them, without giving me time to think, so I just registered and put a deposit in to make them happy (They said the deposit can be withdrawn at any time). 

    Afterwards, I needed my money back from them for an emergency and they refused to give it back and when they did it was too late. On top of that, they took 20% of the money and gave me the rest of it, which is unfair because I didn’t use any of the money for their services.

    Later on within the week, I received an email saying they are going to terminate the contract because they are no longer going to be providing services to residents in the UK and closed the account. I found this to be strange because it wasn’t long when I opened the account. I mean they could have specified this before I opened the account but they were just insisting for me to do this. 

    So today, my account has been closed and I still receive numerous, spammy calls from them, which I don’t pick up. Honestly, I wouldn’t recommend this company at all. You rather save your hard earned money and invest into something that doesn’t waste your time. 

    Thank you Tony for this informative article and I wish you all the best! 

    Amzy 

    Reply
  156. This topic is a good one as not a lot of people dont know about scams especially the older generation my mum is in her 70s and she doesnt have a clue about them so now she asks me first because im more aware what to look out for so yes i think this topic is really good.

    Reply
  157. Services like this is not my area of expertise, but like you said more and more companies are claiming to be the right fit but most of them are just scams in my view.

    I have personally been exposed for several of them and the same tactics come to play.

    1. They want to book a call to show the platform.

    2. Before you get to research if they are legit they want you to do the first investment while they are on the phone.

    3. I have also experienced that they sell your email adress and phone numbers from several countries called from similar services.

    There are so many claiming to know the best investment to do in this field and if you are not carefull you can be tricked big time.

    Reply
  158. After reading through a few posts, the central intention (heart) of the site seemed unclear (ambiguous)? (Make us Curious? Warnings? Breakthroughs? Other?)

    Since I understand the Home page example as generally describing a “Ponzi scheme” (shell game), not much to say there.

    On the Collagen post, to your credit this opened my thoughts about the hypothesis. But then there were a few points where personal opinion and anecdote seemed to overwhelm science. It might have helped to mix in an external link or a citation inline to offer reputable references (e.g. NIH, FDA, Webmed, MayoClinic, Harvard Med)?

    In general, I won’t adopt a new thing based on anecdotal evidence alone. Nor do I suggest others adopt a new thing, without either testing (e.g. A/B) and/or support from research that applied a scientific method, rather than simply the name of one doctor.

    But the article did make me curious, which may have been the intention? So… success!

    Anyway, medical professionals and researchers all highlight the need for FDA-approved supplements, as some Collegen supplements could deliver BSE. So my concern here is safety.

    “Collagen supplementation is generally safe with no reported adverse events. Further studies are needed to elucidate medical use in skin barrier diseases such as atopic dermatitis and to determine optimal dosing regimens.” (NIH)  

    [Look for companies that get their bones and tissues from cage-free, free-range, and antibiotic-free sources. Look for a trusted brand with a third-party label like NSF or USP.] (ConsumersHealth, WebMD)

    At the end of the day, there is material that seems grounded in personal experience, which is fine. But perhaps some valid concerns and objections might be overcome with use of more observational, scientific links.

    Hope this helps –
    SteveT

    Reply
  159. All of these “forex trading” companies I see around seem really fishy to me in the first place. However, I understand enough about the markets to realize they COULD potentially be making the kind of money they say. Trading bots can scalp profits off of volatile stocks during the trading hours really easily, and 24/7 with cryptocurrencies. I mean they pool together all of these peoples funds into one trade, and go hit up the leveraged trading, like with cryptocurrencies you can get 100x leverage even. This would be really nice for them, because they would be pooling together everyone’s money into single trades allowing them way more leverage, they could easily be turning their money over 100x in a day and paying out 2x, 3x, 10x to each person and laughing to the bank. However, I still don’t really trust the idea of these things. I’d rather set up the trades myself and just make my little tiny bits of cash at a time. 

    Reply
  160. Cash FX Group is generally a multi-level marketing platform that provides you with an opportunity to earn with promised referral commissions and return on investments You can make money with CFX Group, but the money is not coming from selling retail services or products, or might not even be from Forex trading better not go like this website are totally scammers

    Reply
  161. Hey Tony. I’ve heard a lot about this. And I’ve seen all kinds of other programs that promote exactly the same thing. The way they are written and the enticement within the articles make it seem so tempting to join. What I do now is just close the page whenever I see them.

    Your article gives excellent data and points out all the key facts and information making it evident that engaging in this program would be unwise.

    Thanks, man!

    L,

    Sammy

    Reply
  162. Thanks for your update concerning the Cash FX system – and questioning the whole enterprise as a “Pyramid Scheme” or a “Ponzi Scheme.”  

    I would certainly be concerned about joining such a program that the feds might come in and shut the whole thing down. If that were to occur, you would almost certainly lose all or most of your investment.

    My fears of government intervention were further heightened by its lack of financial accountability.  Just like you say, these programs have a way of disappearing with your money never to be seen again.

    Thanks for alerting the investment community to what seems to be a shady operation unless it provides more background information.  Certainly, I would not invest unless it was regulated by some US group that would be able to investigate whether its income is really from investing or from other investors.

    Dave.

    Reply
  163. Great article. There are so many scams out there that promise get rich quick schemes. Generally, if it was easy, then everybody would figure it out and once everybody figured it out, it wouldn’t be lucrative anymore. The sad thing is that many people stuck at home during the pandemic would probably click on this and go down the rabbithole and end up signing up with money they don’t have.

    Reply
  164. Tony, you are in the true sense a true veteran and digital wolf. This review of the CashFX Group is detailed and exhaustive and based on a range of facts and evidence of a possible Ponzi scheme indicates many red flags and confirmation that no money should be invested here. Great text and a good example of possible fraud.

    Reply
  165. Thanks to provide such information Tony. Extraordinary to peruse your survey. Above all else, the second I saw “Money FX was a Multi level promoting, I got as uninterested as your one visitor mentioned before. Most multi levels markets I have seen are a finished exercise in futility. Simply work and little rewards. Exhaustive audit tho, I figure it will help control amateurs. Overall you did good, your content is informative and helpful 

    Reply
  166. Cash FX Group is an MLM company that allows you to earn money with the promised ROI. I appreciate your discussion on the topic, as available research provides viewers a better understanding of the topic. I was very skeptical and always have in the past stayed clear of this sort of thing but something caught my eye. Thank you for sharing. 

    Reply
  167. Hi Tony, you have put a lot of good work into your website. Just quickly running my eyes over everything shows you have done some in depth research on this matter and you have strong feelings in regards to the if not legality of it, certainly the moral bankruptcy  ( Is that too strong language – maybe not for those who have lost their life savings) of it all.

    Anyway first things first, I think you have laid out the script and video evenly. It is easy on the eyes and that helps get the message across ( You can concentrate on the content without any glaring interference from unbalanced script/picture mix.) . Perhaps though it would be nice to center the video in the middle of the page. The gap to the right of the video needs either the video moved further over or a small amount of text (A heading maybe or brief overview of what you are about to see) 

    I liked your use of click throughs ( is that what they are called) . Especially the one going through to the analogue timer. I could just about smell the scam. However, I think you should be careful as to how many you use. for no other reason than this..Hmmm… can’t reach this page
    tXXXXXXXXXX took too long to respond
    Try:
    Checking the connection
    Checking the proxy and the firewall
    Running Windows Network Diagnostics
    ERR_CONNECTION_TIMED_OUT

    And it may not be your end. Vietnam quite often has weak internet , but I have the best there is over here, so it shouldn’t happen. anyway i would be careful, especially if you know it is going to be viewed off shore.

    There was another one further down the page that said this..This Facebook post is no longer available. It may have been removed or the privacy settings of the post may have changed. And honestly, I don’t know if that has to do with the “scam” story or it is informing you there has been a problem. But you are running a lot of Data and things can start to go wrong if there is a hint of a weak internet connection. 

    Ok, back to the content. I have a bit of an investment/banking background a long time ago so I do understand what is being discussed. However, even if I didn’t have that background I would still be able to understand because you have put it in laymans terms that make it understandable.

    I will not go into my feelings about the moral bankruptcy of what is happening here because that was not my role. But I understand how you feel and applaud that you have still managed to control your feelings and approach this “Topic” with a level head. In short, well laid out but with a few things needed to be changed. and for the rest of the matter you have prepared and laid out your material in an informative journalistic way. Well done. 

    Reply
  168. Hey Tony,

    Thanks for a very informative and in depth review. Looks like you definitely did your homework on the legitimacy of the company. I am positive that your work will have saved many people from the headache who were thinking about investing. Being that the company is not legally registered to be doing business will save alot of people headaches to come in the future.

    Good work sir!

    Reply
  169. Hi there Tony! Great to read through your review. First and foremost, the moment I saw “Cash FX was a Multi level marketing, I became uninterested. Most multi levels markets I have seen are a complete waste of time. Just work work work and little commissions/ rewards. Thorough review tho, I think it will help guide newbies.

    Reply
  170. Hey Tony , had visited your earlier blog post on cash fx .. got some insightful updates on the same . glad you shared about CFX Marketing system in this blog post , it was good to know how they invest our cash in forex trading and later share profits with us . glad you have embedded videos this time in your post which is really helpful to gain knowledge before we can invest ! keep up the good work . 

    Reply
  171. I can tell you did your homework on Cash FX Group. While I have had no run-ins with this company, when I first started in Affiliate Marketing I knew nothing and it took sitting through countless webinars and sales pitches, who all but guaranteed success, which they are not supposed to do, to finally begin to see through the scams. 

    So many new people were joining affiliate marketing because it took very little money and no license. The free webinars were all basically the same. These “experts” Promise you the moon to get you into the webinar where they were supposed to tell you the secret to making money. 

    After 45 minutes of hot air and never telling anything, they get down to the real purpose which is getting as many people to sign up at extremely high costs, but again, promising you the moon.

    I am glad you posted this and we need more of these kinds of posts that can make others aware of scams and traps that are everywhere. People who do nothing more than dream up ways to get our money, legal or not, are not going away anytime soon.

    But one way to fight back is to expose them.

    Thanks,

    Michael

    Reply
  172. I was just checking to see if anything new had been posted here. I’d come across this website before and found it to be interesting. As I was still hoping for a little more clarity but I suppose this tells you what you need to know anyway so thanks again tony

    Reply
  173. Hey Tony! Another program with a pyramid scheme. It’s really bothering me why they only accept bitcoin. Sounds suspicious. People should always be reminded and not to rush in too quickly with everything. I appreciate your honesty in sharing this valuable information! Sometimes, it’s hard to be brutally honest but you did a great job!

    Reply
  174. Hello there

    Thank you for sharing this amazing post Tony. When Cash Fx had just come, i thought it was a real deal too. I had almost gone through it as well. In this online world, you can easily lose a lot of cash if you are not careful. thats why its very important to rely on the reviews especially by experts like you Tony before investing in any online business venture. Thank you so much for this  aye opener.

    Reply
  175. good morning 

    this is the first time for me to comment on WA

    I have read many times about this article Cash FX Group … really it always touch my feeling for passive income but never gain what i want 

    great research and hope you always success but if you accept my opinion don’t play on others dreams when you know it is not like that 

    have a good day for all 

    Reply
  176. Hi TonyLee, thanks for this review on Cash FX Group! I have seen these guys around the internet, and it’s encouraging to hear you say that you feel they are a scam. I also felt that way. It’s a good reminder to only put your money into “…online investment firms whose available information and income claims are easy to verify and those that have sound records of achievements,” as you said. Too many red flags are simply too many red flags! It really is a shame to put hard-earned money into something like this when it could be used to grow your business in other ways. Thanks for helping us navigate through all the scams online today! I really appreciate it!

    Reply
  177. What’s really interesting about this article is your detailed research was able to identify that it is a pyramid scheme or at best “multi level marketing”. You have clearly done your research, I wonder if you had to suffer a “lived experience” with this company? whatever it is I am suitably grateful because if you manage to help just ONE person then your job will have been done. 

    I have signed up to very similar systems hoping, (this time) I will be one of the lucky ones. As I said at the outset, what is interesting about your research is that despite all the clear evidence, how you have shown  that the long term figures don’t stack and its almost certainly a  scam, never the less the numbers can and still do (in a certain light), look attractive and the customer reading their website and spin will know its too good to be true, but an element of  “what the heck” “I may be the lucky 1% who is successful, (this time)” 

    I have witnessed many times (myself included) how persuasive the seller can be when they tap into the customer’s desire psyche. How passive income is such a desirable commodity, as a customer it always appears just out of reach, everyone else is achieving 5 figure income per month why not me?

    The article was detailed, I really appreciate you taking the time to warn myself and others like me, to STAY AWAY.

    Do you research other or similar types of programmes? if so are there any you can recommend?

    Reply
  178. Tony Lee, our friend, talks about the Cash FX Group in detail. It is apparently another pyramid scheme, so that we have to get people to join, and those have to get more people to join or we don’t get the promised reward, and may still lose all the money we invested there. Yet, nothing of this seems to be said by those proposing the scheme to us. There is also strong evidence that the group trades nothing or is acting in illegality. 

    Reply
  179. Tony, OK, wait, I just read the other review, but now you have this updated one. First, thanks for doing this, but WHAT? When I read the other one, I was a bit irritated because it is another scam. But you say the MLM side operates as a ponzi scam. How are they still operating? Since they are not registered anywhere, can the trade commission not find them? But can’t they still shut them down. Please help me understand this better? Maybe I just got so upset about this that I missed it in your words. 

    Reply
  180. I wish I had read your article a long time ago before getting into what I got into and made me less interested into Cryptocurrency or Forex trading.  I joined this forex trading group that had great explanations but after I invested my funds into it, I was left alone with no knowledge or guide into the process. I also couldn’t get a refund and there was no way I could get in touch with anyone of them by email or phone. So basically I was scammed and it just made me to stay away from any sort of forex trading.

    Reply
  181. No  no no … dont trust this at all. The money being made here is not through trading but through other peoples money so its a ponzi. Im so sick of theses scammers taking advantage of desperate people during a pandemic. May they all crash soon! BTC payments are not traceable and is too risky y, you have no contact people here either to hold accountable,

    Thank you for alerting us to this yet another scam.

    Reply
  182. Yeah, that’s a big red flag. The part about how there’s no info about who owns or runs the company. It’s one thing not having any retail products for sale, because affiliate marketing works the same way, since you’re selling someone else’s products. But when you don’t know who’s behind the opportunity, you really have to wonder. You really have to watch out, these days. The scammers, especially recently with all these lost jobs during the pandemic, are everywhere you look. 

    Reply
  183. I think you have to send Cashfx BTC to get started. Rang alarm bells for me too because that makes payment untraceable. So many people on Facebook hitting me up to join. How long do you think they will last? Do you suggest any goof FX resources? Maybe they are ok!

    Reply
  184. Tony Lee Hamilton. The world needs more people like you who can go into depth about scams around. I lost a lot of money as well through trading with a company which I did not really understand their concept. I was trained but it seemed that to them, the more money I would lose, the more money they would make. Sometimes newbies or uninformed people would need people like you to guide them in the right direction and with such thorough investigation, who can go wrong. Great review. 

    Reply
  185. Honesty is huge, people do not like to be deceived or tricked into money making scams. Thankyou for your knowledge and diligence in proving if this is a legit way to earn money, or a scam. Your article is well written and informative. An honest opinion goes a lot farther than a flashy, site that’s just trying to get your hard earned income.  Sometimes being Brutally honest is tough, but it grabs your readers attention and earns their trust. Good use of space and video. 

    Reply
  186. From my viewpoint, I acknowledge that you have a very point by point site structure, enlightening with all the recognizes that you have added to your site. Everything is flawless, and you do have stacks of pages and posts in general. When in doubt it is an impeccable turn of events. I can perceive how much problematic work you have set into it. In any case, I’m certain that it will payout for you. Beguiling work.

    Reply
  187. It’s important to be extra careful when joining any programs ostensibly designed to help you earn a decent living from home. There are many scams that prey on our desire for shortcuts, and some people still believe they can find them online. Just like in other areas of life I’m sure we’re all aware by now there is no such thing as an easy way out or quick-fix solution waiting around the corner. Unfortunately, it seems so many fall victim after being scammed away their hard-earned money which could have been spent more wisely elsewhere.

    Reply
  188. Cash FX group is a platform that offers so many benefits, the offers seem too good to be true though.. I might not advise anyone to thread that part of I wouldn’t recommend it for anyone either. Affiliate marketing still remains one of the Best things to venture into on the internet till date. Thank you Tony for sharing this here

    Reply
  189. Hi there, Cash FX Group is a forex trading group with an FCA scam warning. Cash FX Group claims that they give you the opportunity to earn money with the promised ROI and the referral commissions.

    As you know, scammers are always looking for new ways to scam people online. What we need to do first is to protect ourselves from these scammers.

    It’s your duty not to rush blindly trying to make money online and keep your personal information to yourself . We should also share our experience with others so people can avoid scams.

    Thank you so much for sharing the details of this scam. Much appreciated.

    Reply
  190. Cash FX Group – You are saying they are not registered with financial regulators?  How can they be in this business then? I do not care for MLM schemes and this sure looks like one to me.  The only people that make money are ones at the top.  Can people do well with MLM – sure – if they have support from a group of like minded people that can join under them.  This is one thing I will be steering clear of.  Thank You once again. 

    Reply
  191. Hi,
    Well done you. Thank you for this valuable information.

    It’s hard for people to notice the red flags or signs when they are desperately looking to make money fast. Also, because of the sweet wordings in the promotional mails, it’s hard to not be hood winked.

    This is a good insight into a program that is in high demand. this is because a lot of people are looking for ways to make more money online.
    Cash FX was introduced to me by my brother sometime last year, but because I was sceptical, I did not Join. Now, your elaborate insight into how it works, it will be easy for others like me to make up their mind.

    But with your knowledge in this sector, which one can you recommend?

    Reply
  192. I read the entire article about the Cash FX group. Although it wasn’t clear from the beginning if it is a scam or not, one minute of listening over the first company’s video presentation made it all clear. 

    Without selling a physical or digital product how can you guarantee returns? Taking simply money from the right pocket to the left pocket till they dry you up, is a scam Ponzi strategy of the worst kind. Nice to have informative articles, over scammers. lately, I am receiving repetitive phone calls for abroad phone numbers, asking me to invest with their Forex company, giving a prize of cash for the entry of about $300. Ridiculous, none of them were regulated, like the Cash FX group.

     My question to Tony “marketing veteran” is why to leave the link of the company, inside his article, when it’s obvious one needs to stay away from these sharks.

     Finally, would like to see some articles about cheap software. There are many platforms promoting such items to shiny syndrome buyers. As an auditor, I would love to have them all audited! Extensive amounts of hard-earned money thrown into the black hole pit. Most of today’s digital citizens are unaware of the risks ahead.

    Reply
  193. Thank you for your review of CFX.  I have heard of it and everybody likes it.  I can now see that this is a total scam and Ponzi scheme. As with other pyramid schemes, it will all fall to pieces when they stop generating customers – because they have nothing else to buy or sell.  I won’t ever buy into this.  Thanks!

    Reply
  194. Well, I must say!! I have never heard of this company before, but thank goodness I haven’t I guess.  It’s amazing to me how easy it is for people to take advantage of other people’s disadvantages.  How can you find out if a company is legit or not?  I know that you can pretty much put anything on the web or YouTube these days, saying anything.  So how do you tell the legit sites from the phony one’s?  Is there a website to go on?  I would like to know for future references.  Thank you for posting this article and making people aware of this scam site.

    Ni

    Reply
  195. To be honest, I have been the type or still are the type to think that there is a way to make money much easier in life but with that mindset I tend to hit a lot of rock bottoms when it comes to these sites and apps but thankfully I have never been the one to use my hard earned money on these scams.I normally try out sites and apps that claims to make money on their program and cash out after reaching a certain threshold.

    And I agree with your article, it is too sketchy and putting in your hard earned money into this would be a very bad investment decision. To some persons it may seem appealing but for me, since it talks about recruiting persons and making money out of referral commissions only after investing your own money into the site, it seems a bit scammish to me. 

    Thank you so much for shring this information. At least I know that I’ll be avoiding Cash FX Group from having an idea of what it is and the red flags that are revealed!

    Reply
  196. The Cash FX scandal is just one of Tony’s five-star reviews that reveal the cold hard facts about their deceptive practices. There are thousands of online scandals that are discrediting the overall expectation of those people who are new to online business endeavors.

    Tony has done an excellent job of directing the truth and the facts in this particular scandal. There are many truths revealed that have been ongoing misconceptions by thousands of new entrepreneurs.

    I feel the most important part of the review is the simple fact that most people often overlook due to their level of excitement about their promises of commission. On their website is absolutely no information about who owns or operates the company. Really? WOW, that is an instant red flag to run for the hills in my opinion.

    This was an excellent review that had some very disturbing facts and truths revealed. This is definitely a five-star in my opinion. Many people can be rescued from the old “hook and Bait” routine that the FX program was going to swindle the newbie out of everything they had.

    Reply
  197. As soon as I started reading this, I was thinking, “Ponzi Scheme! Red flag!” I think you called it. Anyone that wants to take your money and invest it for you is usually just wanting to take your money. Do your own research before investing your hard earned paper. Speaking of which, really suspicious that they only accept bitcoin. Super sketchy. Thanks for the review and highlighting this information. It highlights how these people want to be anonymous, and that’s never a good thing when you’re considering doing business with someone. 

    Several of the videos on here seem to be outdated. When I clicked on the ones that work, I was a bit confused as to what I was seeing at first. Consider including a caption.

    Reply
  198. It takes time and persistence to get somewhere. I have found out that the only money that you should spend, to make money, is money well worth spent on online training and courses. Even then, you need to be careful on where to spend your money on lessons, do you have any good experiences with wealthy affiliate ?

    Reply
  199. Thanks for doing your research and sharing what you have found. There are so many options today via online sources that you should be wise and defiantly do some research before joining. They offer you cash success and hardly any work or training required. These are some easy red flags to spot. Like you said becoming wealthy without work is more like an inheritance not a business. Looking forward to your future reviews.

    Be safe

    Mike

     

    Reply
  200. The site has not been updated for some time. The text extends to the sides of the page. Hard to read and follow. They talk about a lot of scams, but there is no defining outcome. Many links to click on, but it isn’t easy to click on anything when talking about scams.

    Reply
  201. Before Joining wealthy affiliate platform, I had  fallen Into online scams that seems to be true and legit at the beginning but finally ends up stealing our money . Since you have talked about  Cash FX platform, I will do further  research to see if the program is legit before I Join. Thanks

    Reply
  202. This was a great article Tony! Many of your comments about the Cash FX Group brings back memories of when I was involved with FX, but that was a long time ago.

    I am interested to learn more about this and look forward to your next review. When do you think you’ll be writing another one for Cash FX Group?

    Thanks for the excellent content, Tony.

    Reply
  203. Thanks for your opinion, Tony.  I had a friend that was interested in them and was ready to give it a try. But when he told me about them I advise him to search for more info and make a decision after. 

    Your article proves my concerns. I will show him this page as well and hopefully, he will change his mind if is not to late.

    Thanks, Tony.

    Reply
  204. Wow, Tony what an eye-opening article and review of this Cash FX group scam! I have seen it advertised online awhile back but was never interested in Forex trading so I never clicked it and I am glad I didn’t! I definitely seems like a pyramid scheme, especially since they don’t have any real products they sell! 

    I appreciate your thoroughness on this topic and the updates you make recently to keep us in the know about this scam.

    Reply
  205. Once again, another great topic on Cash FX Group.  I’m glad that you had an update on the site and what they are doing.  It seems like there is more and more evidence that this is more of a pyramid scheme, and that it should be avoided.  I am actually surprised that the Federal Trade Commission has not shut this site down yet, as it provides no real evidence of some of the things it claims.  Is there any reason why you think they have not been shut down yet?

    Reply
  206. Hey,

    Thank you for sharing this, hope more people will see your post and realize that is not worth it. There are more other better platforms out the to join. I personally think that is a scam. There are way too many concerns about it. 

    Great, informative videos. Useful information which gives a bit of sense on what that actually is.

    Reply
  207. Awesome review, Tony! I agree with all the concerns you have about the Cash FX Group. I think anything that offers guaranteed fixed returns on investments without proof of results can be very easily slotted into the category of scams. Like in Canada, I know there’s a law that says companies should be able to back up their claims for certain industries and it should be that way for the make money online programs.

    Reply
  208. What is CFX Trading? Looks like you have done a really great job of explaining the ins and outs here! An opportunity to invest through different financial trading education levels that reflect the costs of the level that every person joins at. And since Cash FX has no retail services or products, the only thing that affiliates are to market the affiliate membership of the company!

    This seems like an affiliate marketers dream! Thanks Tony!

    Reply
  209. what a great review.  the amount of research done is very impressive.  I am not likely to spend any time researching cashFX because, you Tony have done an awesome job.

    I would like to know how you keep repeatedly putting out great quality.  I am very impressed.

    Thank you for your research and honest opinion Tony,

    I hope that anyone looking at the cashFX system can manage to take the time to review your research.

    Chris

    Reply
  210. Thanks for the update here Tony.   I learned about who CFX is because of this post and I will take your recommendation. There are too many get-quick rich schemes out there and more so now that everything is online.   You point this out quickly in your post and I, and many of your followers are grateful for that.

    Reply
  211. Hey Tony,

    thank you for this thorough Cash fx Group Review! It really opened my eyes about this product, because I heard about forex and trading and also wanted to get working on it. But after reading your review I definitely will not consider cash fx group as a mentor. I heard of those pyramid-sheme-like “trainings” and really not a fan of it because instaed of learning the skills you rather involve other people in them doing the same: involving other people!

    Thank you for the eye opener!

    Reply
  212. I always fear that the method of evaluating products or services and even marketing platforms is very effective and very attractive to visitors since it always answers the questions asked and also answers questions that may come to mind.
    the difference i find in this article is that the rating can be positive or negative but there are types of ratings “like this” which let the visitor decide by showing them things as they looked like. negative intelligence but what remains in the mind of the visitor is what interests him .. and generally he makes the right decision to register since obviously he will earn money and it does not really interest him how the business goes of the platform.

    Reply
  213. Thank you for all the information in this detailed review, I did not know about all of the things one should look at when assessing a company before joining them, luckily for me I did not join this company yet, it would have been suspicious for me when they ask for the investment straight up so once again thank you.

    Reply
  214. In todays age, digital marketing is quickly becoming more popular as a career choice as is many other online earning oppurtunities. I think that it’s great to have websites like these where people can scope out various programmes and companies,etc before diving in. I’ll also be keeping this site bookmarked myself for reference. 

    Thanks

    Reply
  215. Knowing which venture is legit and which one is a scam is  very important. The  information will help to keep people from getting rob they hard earn money ,by some fraudulent internet scam.  It will help you to know who runs this online opportunity, how it operates, and if you would be wasting your money by being part of it .Don’t forget that if you have an online business this program can help to drive more traffic to your sites.

    Reply
  216. Cash FX has no information on who owns or run the company, as well as , the company was registered March 2019.  There is no retail or products to sell, in fact, you have to become an affiliate to promote products.  This is an on line platform for people who want to invest large amounts of money and get a return of 200-400 roi.  My opinion I don’t know if this is a scam just because you don’t know who the owner for admin of the website, but if Cashfx is real and people are joining the platform  and doing good business they should not have anything to hide.  

    Reply
  217. I can definantly see how this company would be what is considered using a MlM way of making money I think. This is especially true if the only way you make anything would be through the affiliates of the program. To me this just says that the more affiliates that join under your investment, the more you make, which is the making of a pyramid scheme right ? 

    Reply
  218. Thank you for reviewing this company, your information is complete and comprehensive enough for my “beginner level”. I was wondering what these guys were all about and the details you provided really helped me avoid making a mistake I might have regretted in the future. It is not always easy to navigate in all that marketing verbiage, I’ll continue checking out your articles as I think it will save me time and money. Thank you Tony!

    Reply
  219. Hello Tony, 

    This kind MLM money trading scheme they are everywhere. Pitty for the people that does not have idea about stocks and forex trading, that they will easy be convinced their investment money will gain as promised. Most of the trading company present a well structured worksheet that in shows how much money is gained in given time. 

    We are lucky to find this article, your site will help more people be victimized by scammer.

    Reply
  220. First off, I want to express my appreciation for you bringing attention to CFX. This is one of the companies that was brought to my attention a few months ago, and their program really intrigued me. I was just waiting until I had enough money saved up before possibly joining them. However, the brakes have been immediately applied after reading this article. As you mentioned, their program may not necessarily be a scam. Okay, I can see your point; and I do agree. However, I also agree there are way to many red flags to ignore.

    Reply
  221. all get rich quick schemes are scams and cash forex group is not an exception. in my opinion all MLM schemes are scams also and are well structured ponzi schemes that sets out to defraud the gullibles. nothing short of hard work is the necessary ingredient for a successful endeavour . beware of quick fixes. they dont work out well in the end.

    Reply
  222. The updated review here is simply good to see and I think that so much more will be down to the way we all view things. I peeosnally like thr overview in here and I think that I can do so much Kore by developing things a lot Kore better with time. Thanks so much for the information shared here with us all. 

    Reply
  223. Thanks a lot for this review. 

    I was actually skeptical about the Cash FX but was not sure. So I went ahead and have done a little research. 

    This really seems like a pyramid scheme. 
    I have learned that anyone promoting such a pyramid scheme is doing an illegal activity as well. 

    So I would also recommend to anyone – Stay off the Cash FX. 

    Reply
  224. Once again, great review – in fact this may be the most in depth and comprehensive review of yours that I have read yet. As always, I really appreciate the transparency with which you operate. Anyone reading this should be able to see that you have and a lot of homework here. I believe and that time will tell and prove you to be correct, certainly smells like a scam to me!

    Reply
  225. As people love saying:
    its not a “pyramid scheme” its a “triangle of opportunity”

    All jokes aside, it is really disgusting that some people
    actually do this kind of scams to earn money on other peoples expenses
    it really shows you the sad truth of the world that we live in. 
    Some people are willing to awful things to make a quick buck

    Thank you for sharing this article, I found it very informative.

    Reply
  226. Hi Thank you for the factual review in Cash FX. I did not know it was a MLM system and they did not offer a product that they only way to earn commission is on recruiting. I found that these kind of sites have such a lot of info and the main crux of how they run their business is hidden in smoke screens and then unwittingly you think you are signed up into credible company and not realizing that you are on shaky ground.

    Reply
  227. Hi Tony,

    Thanks for sharing this information. People really need to be educated and should make a wise decision on where to invest.

    In the past, I have joined several MLMs for quick returns, they have products to sell but I did not really gave time to work them out. No returns for investments. Just loses.

    What more can you expect with a pyramid scheme? I just learn a week ago that my daughter had a small money investment to a company she did not mentioned and not aware if products exist. It was a small investment and she has been observing if it is a scam or not. I am doubting on how they earn which was also about 200 %. She reinvested her income for the first few weeks. Last week, she was able to withdraw 133% of  her initial investment. I said that is good enough. This week, her group was informed that the company will stop operations and they will just deposit their grown money which I responded quickly, I doubt. Good, if they can but don’t expect too much.

    I will share this article to her to inform her about these schemes. Thanks again for sharing.

    Reply
  228. Hello there Tony! I must really commend you for sharing this kind of post here at wealthy affiliate. I t was really helpful I must say. I have heard quite a lot about this platform but never have I seen a review like this before. This really is a good one as it creates awareness to those who are willing to join the platform.

    Reply
  229. Thanks for exposing this scam. It really seems like there are too many distractions out there when people look for a decent way to earn an income online. Personally I do not believe in any form of multi level marketing because I feel the promise of pay doesn’t really correspond to the structure of the business. My advice is to avoid it entirely.

    Reply
  230. I have fallen victim to multiple MLM schemes like this and it is refreshing to see someone who is reviewing it at an unbiased standpoint. Rather than completely bashing it, you state the facts. While the schemes I have bought into are built just like this one, I have made money from them. The point they fall short in is transparency and you explained that too a tee. 

    Reply
  231. There are to many red flags about this company and to get involved with this is quite risky and certainly not worth it. I am put off by this company with there being no information of who own or runs the company and this really should be transparent! I am happy with the research you took into this company and have taught me how to do your homework when joining any company for that matter – another educational article Tony, Brilliant:)

    Reply
  232. You are so correct. We shouldn’t fall for these get rich schemes. I am glad that you did your research and found that the company is fairly new. I hope nobody falls for this scam.

    Guaranteeing massive gains on your investment 200-400% cannot be true. It definitely sounds like a PONZI scheme. It only pays the original investors and those coming at the end lose all their money. Thank you for exposing the truth about this product. 

    Reply
  233. I feel people’s investments are in jeopardy with the Cash FX Group. All signs point to a Ponzi scheme. If the indications are accurate, this company may disappear overnight. There are many red flags, as you mentioned. I know how mind-blowing money systems are, and it is downright wrong, in my opinion, to hold back information from investors. Too many people out there will get duped. Ordinary people need protection; we need a way to fend for ourselves in this age of scams and corruption.

    Reply
  234. Hey Tony, Thanks for providing some insight to Cash FX. I’m very cautious when it comes to Multi Level Marketing products. Cash FX screams pyramid scheme. I was scammed $2,400 2 years ago and was never able to recover my loss. That’s ok though I learned a lesson. According to the FCA, the British financial authority published an official warning that Cash FX Group is a company to avoid doing business with.

    Reply
  235. First off, I don’t like MLM businesses. That’s me. Others may excel in this but it’s just way too difficult especially for beginners in the world of digital marketing. Secondly, I don’t like doing business with a company that I get little to no information about them. That would put me off way too quick. And thirdly, by not having any retail products or services available altogether with the above is just an indication for me to skedaddle.

    Reply
  236. While you won’t specifically say that Cash FX is a scam, it certainly sounds pretty scammy to me. Anything that is not built on a good foundation of products or services is highly suspect. The epitome of an unethical pyramid scheme. Thanks for your research on this company, hopefully, people will read and make a more informed decision. 

    Reply
  237. I recently lost close to $1800 in a similar type of program. It was my lack of research and analysis before investing my hard-earned money as it involved bitcoin. The so-called company representative kept asking for depositing the funds through bitcoin which by the time I understood was already gone. 

    I find the Cash FX falling into the same category with a slight difference of re-cycling the funds. This is clearly a pyramid scheme. If you don’t have any products to trade with then what is your source income? I completely agree with your final thoughts on Cash FX and would definitely stay away from it. Thank you for highlighting this.

    Reply
  238. Once again another great review. There are so many of these programs out there I would not know where to start. Is there anywhere you would recommend for this type of online opportunity? I know many systems are out there but do they deliver? is there a best and worst platform?

    Thanks for the information, great article

    Reply
  239. Hey Tony, I have fallen for these scam artists severally over the years. I’m somewhat wiser now anyways 😄

    One similar thing I have observed about these scam systems is that they always promise quick riches. Because of this, many people tend to fall prey. Who doesn’t want to get rich quick?

    Cash FX Group pisses me off. Why will the founders hide their true identity? They obviously have evil agendas. One of my friends complained about being deceived join a MLM company. They promise her that she would get back her money in two weeks time. It’s over a month now and she’s still struggling to even sell the items she got.

    Cash FX Group is a MLM business model, that alone has even discouraged me from joining in.

    Thanks for this review.

    Reply
  240. Thank you for bringing light on Cash FX Group. People are so eager to get out of debt that they over look the biggest red flag out there: if it is too good to be true then usually it is. Judging by your review on Cash FX Group I think its safe to say that this is definitely one of those moments. It promises so much potential and yet falls short. I hate being taken advantage of so thank you for your review on this company. I will be looking over the website myself.

    Reply
  241. The article was very informative written in an easy to read tone. I felt there was a lot of research conducted in order to provide indepth analysis of the company (cash FX). The information provided gave the reader insightful review without leading us to a certain conclusion rather allow people to make an informed decision. The layout was good as it made it easy for me to read without feeling overwhelmed.

    Reply
  242. Hello Tony, Thanks you for sharing this wonderful piece of information. I am very glad I came across this great article. There is just no shortage of scams going on right now. This “program” looks like it took a lot of time and effort to create. But it is not easy to have your money scam. Proper research is always needed.indeed the article is nice,thank you sir

    Reply
  243. Your personal story is great, but the first sentence could state something like “I started this business part-time, and after very hard work and diligence I was able to turn it into a full-time and rewarding career that has replaced my former profession.  

    You also state that you assist people to start and grow their online businesses.

    Reply
  244. Wow Thank you for writing this article.I can tell you did a lot of research to write this review. I appreciate your honesty, it is hard to come by people that are not just trying to sell you something. I never have appreciated these schemes that suck people into their scams. After reviewing your article it does appear that this just another pyramid scheme and is just benefiting the creator.. you did a great job

    Reply
  245. thank you Tony for always shedding light on the things that matter the most now – money. i personally think that without your reviews and insights i don’t know how i would be navigating this online money making world. You have helped me a lot. I have heard about cash fx briefly from someone who is an online trader but nothing more. I think forex is for those who have extra cash to grow, for someone who has a very small amount of money it can be a huge burden or a huge success. well, most things in life are like that but thank you for this review, i am making a list.

    Reply
  246. thank you Tony for always shedding light on the things that matter the most now – money. i personally think that without your reviews and insights i don’t know how i would be navigating this online money making world. You have helped me a lot. I have heard about cash fx briefly from someone who is an online trader but nothing more. I think forex is for those who have extra cash to grow, for someone who has a very small amount of money it can be a huge burden or a huge success. well, most things in life are like that but thank you for this review, i am making a list. 

    Reply
  247. Hi Tony! Thank you much for sharing your honest review on CashFx Group. Well My opinion?? I think The Cash Forex Group is a brutal scam that is going to collapse. It is not regulated, I urge everyone reading this to stay away from it, there are loads of legit Forex brokers for those interested in Forex who offer free demo accounts

    Reply
  248. Thank you again for bringing a shady online company to light. While they might not be an official scam, there are a lot of red flags about the way there do their business and the difference between what is advertised compared to what is actually happening. People beware. Generally the rule of thumb that I use is “if it looks to good to be true, then it probably is”.

    Reply
  249. Hi Tony, Thanks alot for sharing this beautiful piece of information. I am very glad I came across this great article. There is just no shortage of scams going on right now. This “program” looks like it took a lot of time and effort to create. But it is not easy to have your money scam. Proper research is always needed.

    Reply
  250. Wow, there is just no shortage of scams going on right now. This “program” looks like it took a lot of time and effort to create. You would think that people would prefer to use all that time and energy to create something that actually makes the world a better place instead of stealing and lying. I don’t know how they face themselves. Thanks for taking all that time and research to break this down. Everyone is looking to make more money from home these days and times are tough. It can be difficult to weed through all of the dishonest and unethical “businesses” out there.
    It’s good to know there are those who are looking out for us. This was a really detailed and informative review!

    Reply
  251. Hey Tony! Well I like your honest review! Thanks for always creating awareness. They are damn scammers that will just take your money. They play elaborate games on your psyche to make you feel like you’re winning, but the moment you give them your money you’ve lost. Its really mind draining

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  252. Hi Tony! Thank you much for sharing your honest review on CashFx Group. Well My opinion?? I think The Cash Forex Group is a brutal scam that is going to collapse. It is not regulated, I urge everyone reading this to stay away from it, there are loads of legit Forex brokers for those interested in Forex who offer free demo accounts

    Reply
  253. Hello Tony, thank you for writing this post and make us aware that there are places to be aware of when it comes to making money online. I get scared when I see these businesses promising a quick get rich scheme. I found an organisation that I can trust and that is with Wealthy Affiiiate.

    Reply
  254. Thank you for doing this article. It’s a shame people like to sell dreams for a living, if I had basically given my hard earned money just to be scammed I will be very angry. Cash FX is a danger zone and I will recommend anyone not to trust them. Thanks for the great review Tony! Thanks a lot Tony

    Reply
  255. Hello Tony Lee, My name is Alex Psomas and I am new to WA and my perspective comes  from 20 years as a
    Commercial Real Estate Broker and many years in sales and marketing of industrial products. I hope my comments are constructive and helpful.   

    I am still a layman when it comes to digital marketing, but when looking at your site right off the cuff I am not sure what product you are providing. You state that you are a  Digital Marketing Veteran, which I am sure you are,  but think it is something you want to convey clearly and provide some backup info. in your “about me” section that conveys it in a captivating way.  Your personal story is great, but the first sentence could state something like “I started this business part-time, and after very hard work and diligence I was able to turn it into a full-time and rewarding career that has replaced my former profession.  

    You also state that you assist people to start and grow their online businesses.  Great idea,  but I think that message could be organized in a way that could be made more clear as to how you can accomplish that.   

    Your headings should be clear about what they try to do.   “niche sites”!    my response:   niche sites for what?  how will those sites help me start and grow my business?   It looks like the links are for other sites that provide reviews.   I am not sure.   

     Also,   your menu heading “Earn with Multiple Sources……”  is under the heading “top recommendations”

    Since there is only one item under the main heading,  why not change the name of the main heading to the multiple sources one? perhaps “make money with multiple sources?” to draw them in.

    Once you link to the multiple sources heading,   it displays several other links that are not clear what they refer to help them, not to me anyway.   The typeface on the link headings are small and not easy to read. I think your backdrop makes it more difficult to read.    I am also not sure about the links and whether they all help you make money with multiple sources directly or do some of them help you become more effective in accomplishing that?

    I am really trying to be helpful!     I will make the last suggestion and that is to always ask yourself when you include any item in your site, “how does it help visitors to start and grow an online business”? or whatever your main focus is for the site. 

    I wish you all the best Tony.  Feel free to let me know if you have any questions.

    Best Regards,  Alex

    Reply
  256. Wow! So much information. I honestly had never heard of this company, but you did such a good job at breaking everything down that I’m glad I came here first.  I hate that there are so many scammers out here.  Thankfully, people are wising up and doing their research before jumping into money ventures.  Do you know of any good companies to work with when it comes to investing and trading?  My brother has been very interested in it lately.

    Reply
  257. Thank you for doing this article. It’s a shame people like to sell dreams for a living, if I had basically given my hard earned money just to be scammed I will be very angry. Cash FX is a danger zone and I will recommend anyone not to trust them. Thanks for the great review Tony!

    Reply
  258. I have been a victim to these amoral characters on so many occasions when I decided to venture into online business. They purportedly claim to trade your investment and share the profit with you and also gives percentage when you refer someone. This is a complete ponzi scheme which they will use to lure you to loose your hard earned money

    Reply
  259. Hello. Good day. Wow this is so enlighten. I love this article. What a wonderful one. It’s a good thing that we should know which of the online businesses are scams. Because when we get into such businesses we end up meeting the right ones we would not like to be part of it. Thanks again for such a wonderful article. Waiting for more of your post. Thanks.

    Reply
  260. Thank you for writing this. I can tell you did a lot of research to write this review. I appreciate your honesty, it is hard to come by people that are not just trying to sell you something. I never have appreciated these schemes that suck people into their scams. After reviewing your article it does appear that this just another pyramid scheme and is just benefiting the creator.

    Reply
  261. I actually feel a bit uneasy reading this review and knowing that you will only achieve an income by the platform taking advantage of new members. This is one of those that I think many people just starting out in the field of internet marketing may be discouraged from such when they find out how it actually works. Not a thumbs up from me i’m afraid.

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  262. I definitely will not be going for Cash FX Group neither will I advise anyone to join. I see alot of red signs from their business history to their ownership structure and business disclaimer, something is definitely not right. Like you mentioned in the post, the moment people stop joining, the whole system will begin to crash as payments can’t be laid to their affiliates.

    Reply
  263. Thank you for shedding some light on this CashFX so I can be sure to avoid it! I do not like that they offer no products or services – red flag for sure. Then, no history or proof of forex trades, similarities to past forex scams, fixed returns on investment and unregistered business operations, are all red flags to me! Thank you again for sharing this very important information!

    Reply
  264. Hi there,

    Thank you for thids detailed review of the cash fx group scame and for updating for august of 2020 so I know it is recent information. I had never heard of cash fx but will be sure to steer clear of it now after reading this review. Thank you for sharing this information, I really sappreciate it

    Reply
  265. Thanks for the heads up on this particular opportunity. Your extensive review and valid points regarding an MLM and potentially a Ponzi scheme, makes me believe one should steer far clear of joining at all.
    Personally, if proof cannot be provided that one’s funds are actually being traded to obtain higher returns, I would leave well alone. Doesn’t seem to me that these people are ethical and honest either.
    Much appreciate you bringing this information to our attention.

    Reply
  266. TonyLeeHamilton, I could not agree with you more! It is ridiculous that these individuals can knowingly take other individuals hard earned money and not think twice about it! It is unethical and it is immoral amongst many other choice words! I learned my lesson about these things the hard way, unfortunately. I wish I had read any kind of article like your “Cash FX Group Scam Updates” and I may have known what to look for! It did not occur to me to look for company members like a CEO or people running the company. People like me need to get informed about such places, this way our pockets don’t wind up empty. I have never heard of this Cash FX Group and I’m glad that I haven’t! But I would like to know more about how to target places like these in order to find out if they are legit or not! I know that people have advance their way in making their pitch and getting good, honest, and decent people to trust them. I now know more ways to spot scammers like these such as, registering with Financial Regulators, amongst many other details from your article. Thanks so much!

    Reply
  267. Hey there!

    Have been seeing various post about the cash fx group, and have also been reading various articles concerning it, but honestly am yet to conclude or agree if its actually a scam or not

    am just going to take my time and find out all i can possible find out about it before i actually make up my mind and decide whih is which and thanks for the article

    Reply
  268. Hey tony lee hamilton, Thanks for sharing this review on cash group fx, it was really nice going through it because i have heard so much about this platform before and i have not hotten any detailed review such as these before. thnaks so much i really appreciate it  though i would not recommend this to anyone

    Reply
  269. Great review article you have here and thank you for sharing. One fact about online earning is that true and genuine websites where you can earn some income are kind of hard to find based on the fact that we are slaves to the get rich fast mentality. Nice review and I think it will highlight some of the red flags to the beginners. What other facts can help in identifying if a website is a scam or pyramid scheme?

    Reply
  270. Hi Tony ,thank you for this post .A few months ago ,i almost fell for this .A friend I know tried to recruit me .My friend said invited me to join her for a conference zoom call with the guys who recruited her .The guy who recruited her tried to convince me to join ,the numbers the guy gave me where just unbelievable ,it was too god to be true .Now ,i know why and i can see now how their system work after reading your post .Thank you Tony for sharing this ,very informative 

    Reply
  271. Hello Tony Hamilton, it’s nice to come across your articles once again. Thank you so much for sharing this review of Cash FX Group. Many of us want to invest and make a living from online businesses but we are at a danger of falling for scams. Some online investment companies promise returns which seem too good to be true and it’s important that we don’t fall for such. Really do appreciate what you do. 

    Reply
  272. , the online firm and its marketers are operating illegally throughout the worlds.The online platform has no retail customers, meaning all the company’s commissions are usually to the recruitment of new members.CFX Group investors do not have any way of showing that the online company is using external funds to pay out their returns. its really eye open information..

    Reply
  273. Tony at it and doing the deed- telling it like it is. Reviews such as this are what I prefer- honest and to the point. Trading, if it was easy would have been the bastion of everyone, but when even the experienced get to lose and gain in repeated cycles selling a product such as this to neophytes does rankle me to no end especially when advertised as money making machines. I know people who have succeeded in forex and those that were crushed by it – so one must be totally prepared to learn as hard and as much as one can before even attempting this- which your review emphasizes. Thanks for the honest review

    Reply
  274. A very honest and objective review of the CFX group. Advice such as never invest more than what you are willing to lose. The reviewer clearly and fiercelessly tells people that the crypto world is unregulated and is like gambling. I like the warning given and I think this blog is very useful as a lot of people have been scammed before. Most people who are about to sign up for CFX group would find this information very useful. Thanks for the research done.

    Reply
  275. Shoot, I don’t think I would have joined this even with your review.  I am really not into trading and to me that is like gambling.  I don’t have enough money to “gamble” it away on something that seems pretty much a scam.  Thanks for confirming that for me!  Great review and hopefully it will steer others clear!

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  276. Hi Tony, this a great and very well thought out review. scams are something i’m very wary of and they are everywhere so its nice to see reviews from people i can trust. this scheme is a losing game and it doesnt seem viable or sustainable as a concept. thanks for the detailed analysis, i will be steering clear of this one 

    Reply
  277. Hi Tony, what an incredible review of CashFX Group. Having read about Ponsi schemes and keeping myself educated online this really smells like a scam. It’s a house of cards. Any company that needs new paying blood to pay the older members is not really a stable business. It’s a bit like trying to trade out of bankruptcy, someone is going to lose. You can only hope that it isn’t you.

    I really appreciated this detailed analysis.

    (By the way, the video at the bottom is not accessible without a code. You can delete this sentence. I just thought you would like to know.)

    Reply
  278. Great Work, Being able to See the ins and the outs of the Cash FX Group Scam, I was a part of another system that ultimately scammed me as well. It was the Digital Altitude Scam.

    It was very similar to this where it offered different “Tiers of education” which you ultimately had to pay thousands for. However, this system seems to be a bit more… Sneaky.

    Good Job, Keep up the good work!

    Will & Kait

    Reply
  279. Hi Mr. Hamilton, it’s nice to meet you once again. Thank you so much for sharing this review of Cash FX Group. Many of us want to invest and make a living from online businesses but we are at a danger of falling for scams. Some online investment companies promise returns which seem too good to be true and it’s important that we don’t fall for such.

    Reply
  280. The lack of information about the founders was already a red flag for me. But even if I was not interested, I really though that this firm was a Forex trading niche.  I realize that you learn nothing about how to build a business in their “classes”. This system is so close to a pyramidal scheme.  I would not touch Cash FX even with a long stick.

    Reply
  281. Thank you for this review. I would never join a platform that wants money from me right away, but the results are slim. Unfortunately, there are a lot of similar sites these days that promise to make money online, but in the finale it’s just a scam. Unfortunately, there are people who believe that. therefore, I am happy for such articles that warn against fraudsters.

    Reply
  282. Absolutely no short cuts to success! It’s about deciding what you want, knuckling down and making it happen with consistent hard work. I have to admit I’m genuinely impressed with the depth of your website and the topics that you cover – how do you find the time to go into so much detail it’s impressive. I’ve not come across cash FX. I do find it frustrating that as a multi level marketer myself there are so many dodgy schemes out there that gives the industry a bad name and makes the job that much harder for reputable opportunities. Keep up the good work boss! 

    Reply
  283. I have heard a lot of information about cashfx and I have heard a lot more that I feel can make the difference even for me here. Hence, what has been offered here is just amazing too. I like it all here and thumbs up to you for giving the avenue to help us out and simplify things for us. 

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  284. If a trading company such as this does not register with the regulatory bodies in each country that it operates then one should stay away from them. Anyone who gets sucked into one of these schemes runs the risk of losing all the invested money but also of being prosecuted for fraud. I really love to see good businesses online and I hope to keep coming back for some more

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  285. Hello Tony, I’m still thinking and the blog is indeed very honest and logic.On the other hand, what could happen in worst case senario: If you invest 300 dollar, you get back about 200 dollar in a few months. so maybe loose 100 dollar and some facebook friends. Cash FX is all about your mindset and research.

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  286. Thanks a lot for sharing about the cash fx group, it really wonderful to come through such a great platform online and get to make more cash out of it. I really appreciate ur effort on this post and I bet it reading through this was no waste of time at all but a gainful knowledge to help make more money.

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  287. I cannot stand MLM groups that the only real source of income is by getting your friends and family to pay to join the same program. Theirs no other product or service involve. Its such a grotesque business plan, and a total fraud. Thanks for telling us about these guys before we got suckered into another pyramid scheme. 

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  288. The information that you have provided leads me to believe Cash Forex is a ponzi scheme as well as a pyramid scheme. If a trading company such as this does not register with the regulatory bodies in each country that it operates then one should stay away from them. Anyone who gets sucked into one of these schemes runs the risk of losing all the invested money but also of being prosecuted for fraud.

    Why would they insist on being paid in bitcoin? This seems to be a way to dodge getting caught with legitimate currency that can be traced back to the country of origin. Another thing that troubles me is the lack of transparency. The same CEO could have been previously prosecuted for using this model before and has been convicted of that crime. A company that tries to hide its upper management normally is hiding something.

    Jerry

    Reply
  289. Hey Tony. Very valuable article. With so many scam companies with only goal to drain money from decent people, objective and true review can save multiple investors. I’m impressed with your detailed and professional analyze of Cash FX model (at the same time written in very straightforward way so even beginner will understand all dangers). Thank you for warning, I’m adding them to my black list.

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  290. It s agreeable that this is a really nice article and it has a lit of things to teach people, many times. I’ve been able to learn a lot just by reading through articles online and this has helped me a lot in making my business online developed and also I’ve been able to earn a lit of money

    Reply
  291. This update has been written a long time a go but just the same way that she is a u r ey your website here today so I will not take classes uey you  I think everyone will have to say that it would be able su day I can come up to the office today and will y people here you sjo you also you a is a heads o but it is not.

    Reply
  292. Hello Tony thanks for presenting me with a detailed review on CashFx. Personally I have not heard about in before now, but after this review, It is definitely “Marked together with some of those scams you have presented me. I would also do the little I can by sharing them to create awareness 

    Reply
  293. Thank you for this insightful review of Cash FX Group.

    In general, we are always wary of multi-level marketing schemes.  As the saying goes, if it sounds like it is too good to be true, then that is likely the case.  If there are no products or services involved, then the only way for the scheme to continue to promise high returns is by recruitment of new members.  And there is a limit to that.  Once that stops, then the scheme falls. And as you indicated, there are so many red flags about this scheme.

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  294. Thanks for the detailed review on CashFX. In my opinion a business that does not have a product or retail service is just not worth it. It all seems means users of CashFX would only really be making by referring people in. Wrong!.  I would definitely share this to create awareness.

    Reply
  295. I really loved one of those last bits where you broke down the reasons as to why it’s such a miserable of an opportunity. 

    And I definitely agree. It feels so shady to be in an MLM and not have a physical product to promote. It just feels wrong. And then, this whole idea of claiming something to be true (that “incredible” bot), yet no results or anything to show for. Or no proof of actual partnerships (even no pictures with other brokers). I mean, I’ve seen far too many programs like this that talk the talk but can’t walk the walk. Yeah, that 15% return on investment, for sure, sounded too good to be true.

    Overall, I think the risks that it is a legit Ponzi scheme are just too high. I will avoid it like the plague. I appreciate it, Tony! 😉

    Reply
  296. hey tony lee hamilton, I really enjoyed going through this review on the cash fx group platform. Reviews like these are really good because they help the naive ones out there to be more exposed and not o fall into the hands of scammers. your review was really top notch and straight to the point as well

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  297. Again, Tony you’ve taken time to carry out another important research. You went deep into digging up the reflags in Cash Forex Group. Your method of investigation is really amazing. I appreciate the fact that you save me a lot of time and stress and also money. Because your site is now my most trusted review spot for any online venture. Thank you Sir.

    Reply
  298. Tony, Hats off to you for yet another very insightful and great review! Before I went over the content in this review I had never heard of Cash FX. Now that I went over the content in this review I now know I want to stay away from Cash FX. So thank you very much for that!

    With that being said do you have a list of some good non-scam platforms you would recommend?

    Thanks again for this great information. Tell next time stay blessed Tony!

    Your Friend, Johnny.

    Reply
  299. I was looking for a article like this and I am glad that finally I have found the right one for me. You really explained everything in detail and that is a big plus. Thank you for providing this useful information and I will definitely browse through your website a lot more. A lot of useful and and informative information you have given us. Trading is really great bit you need to master it first and then go all in with the trading.

    Reply
  300. That is such a scam! No way am I going to be repaying that much to only earn like 100 dollars. Cash Fx group is a total scam. I don’t even know how they can get some many people to join? Like that doesn’t make any sense to me at all. I would rather go into a program that makes me pay once then I can earn as much as possible.

    Reply
  301. Hello, I’m Charlotte,

    Your article is a great way to get traffic to your site and build your brand. I just want to give you some encouraging feedback to inspire you to continue on your journey by building your brand and becoming a great business owner. I would love your feedback on my site. The great article have a great morning.

    Reply
  302. Hey Tony.  I agree with you in that I wouldn’t recommend Cash FX Group to anyone either.  There are a number of serious concerns about it.  I highly recommend that people avoid investing their hard-earned money in online programs that seem suspicious. CFX groups has a lot of red flags. Only invest in sites and online investments that are at least researchable and easy to verify.

    Reply
  303. I found Cash Forex Group very interesting, I think there are many opportunities for making money online. I will consider about join to this platform, thank you for the details it is really helped me.

    Kind regards.                                                         

    Reply
  304. I must say very big well done for your review. It had to believe that so many if this platforms just want to swindle people of the money they have saved over a while. Coming up with so activities to entice you into believing in their platforms. Cash Fx should come out transparent. Thanks for your article this has helped so many of greatly In getting into platform that one will end up waisting is precious time and hard money. 

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  305. I’ve encountered Cash FX Group in the past and have always eyed the company with suspicion. The fact that the company does not provide any evidence of being registered with financial regulators throws up some huge red flags. Like, humongous, flashing and alarm-blaring-in-the-background red flags.

    Any trading company which is not transparent about their management/trading mechanisms/financial registrations AND that asks you to put in a dollop of cash upfront, should be a cause of suspicion.

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  306. Thanks for this valuable information. I have been looking at trading in the forex market  as another option to earn an income. I have seen adds pop up about this same group, Cash Fx. but never click on the link to find out more about it. Subsequently , I saw a video with someone saying that it is a scam because of a friend’s experience and now our a saying that are a lot of red flags. i was part of an MLM and I dislike it because you have to be constantly recruiting  persons to benefit.

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  307. Thanks for an in-depth review of Cash FX Group! Most people see this group as a pyramid scheme because it doesn’t sell products directly to retailers. Rather it earns income from monthly membership payments and this scares many people away from participating.

    I’ve got the same experience from a multilevel marketing company based in the US; there are membership levels and ranks, but there are no retail products to sell. I believe more people will be interested to participate if some products are included. Thanks for the video added!

    Reply
  308. There are so many websites out there claiming to make easy money, that it’s hard to differentiate between what is fake and what is real these days. Thanks for the articles as it truly helps make it more simple in determining this. I can’t believe there are still so many scams out there, but you can never be too careful. Thanks! 

    Reply
  309. Hello there!

    That is an awesome review and it has enough of informations to give readers a clear picture of what Cash FX Group is about. That is indeed a great job there. Following the review, I think the Cash FX Group is a popular platform and many people have tried out their features, the informations in the review is enough to decide if the platform is scam or not.

    Thanks

    Reply
  310. wow,

    I couldn’t have figured out the way such system works, although seeing the name I would have said that its a Forex trading platform, i thinks just like the average multi-level marketing platform and it won’t be a bad idea to give it a trial, as long from what have seen they will always pay me for my referrals at the end of the month.

    Reply
  311. I trade crypto for a living and hate it when I see things like CFX trying to scam people, it appears to be just an MLM and they don’t even trade with your money, that is just wrong.

    I have learnt to trade independently that way I am 100% responsible for my hard-earned cash and will not fall victim to someone like CFX, thanks for the heads up.

    Reply
  312. The Cash FX Group is certainly a scam. As you rightfully said, there are no details about the owners of the company on the about us page which raises a lot of red flags. The fact that you earn money from new recruits’ subscriptions points towards a pyramid scheme. Once there are no new people joining the scheme, it collapses. l also hope they have not been sniffed out by FTC because that will be the end of the Cash FX Group. Thank you Tony for alerting the world about this pyramid scheme masquerading as a Forex Trading platform.

    Reply
  313. There will always be people who believe the internet life is a shortcut to working hard. There are no shortcuts to true success, these scams aim to drop those who are desperate enough to still believe in get rich quick schemes and that just makes you lose faith in humankind. It’s mean to scam people. This is why it is so great that people like you warn others before they fall into such a terrible trap.

    Reply
  314. The fact that they are unwilling to disclose vital information is at least enough for me to consider it a scam. Oof, well, I guess technically people will get some money if they get in early enough, but it’s definitely not the way I want to be earning money. Once this all comes crumbling down a lot of people will suffer for it. I can only hope that they’ll learn from the experience too and no longer pursue these get-rich-fast scams.

    Reply
  315. Hello Tony Lee Hamilton, Thank you for another great piece of work from my best affiliate marketer. In life, I have learnt that nothing comes easy. So seeing platforms that shows you can make money so easily without work is a big NO for me. Cash FX is a big scam for. I will share this so others wont fall

    Reply
  316. Thank you for opening our eyes before we lose our savings to scam Mlm companies. There are no shortcuts to life without hard work. These companies exploit people’s ignorance about getting rich by promising unroofed promises. How can someone trust a company with no information about its founders or trading reports? This is sad and unethical. A 400% return on investment it promises is a big fraud and lie.

    Reply
  317. Hello there, thank you so much for sharing this. this is a very awesome piece and a very detailed one. I’m really happy I came across this.I’m super excited to have learn about cash fx group scam. Basically there are scammers everywhere so we all need to be on alert and not fall victim 

    Reply
  318. Ah, Forex… the fine wine of affiliate marketing. Seems like CashFX is the next evolution to that concept. I remember the Forex videos back in the day. Some rich guy, yelling at you you’re wasting your life, trade money from your couch. Good times… Good times. thanks for this, I guess anything’s a scam to someone, haha. 

    Reply
  319. If this MLM company collapsed or collapsed, would we get back the money we invested in our business and in this platform? I am very impressed with the topic and I want to say that you have done a great job. Congratulations and I wish you a lot of success

    Reply
  320. Hello Tony, it’s really cool to see a well detailed review online and I’m glad it’s like this. Without the legally needed financial regulatory registrations, the people who invest with Cash FX have no way of proving that the online company is utilizing some external revenues to pay affiliates’ return. I wish to go into it to make some money for myself and that would be a good start 

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  321. There are so many potential scam companies out there it hurts. With Cash Fx group like you say, there are just to many red flags. The fact that they are not forthcoming with the names of the people running the company already say this might not end well.

    For a company that has so many red flags, their Trade Contracts are just to expensive. Thank you for the review. I have been reading a lot about it lately and you have provided so much deeper incite. 

    Reply
  322. Your review of “CFX Trading Company” is both informative and helpful. In the past, I myself was one of those people who was looking for a quick fix to my financial situation. Only to find out that they were scams after I had already invested my money. The Five-Points on what to look for when thinking about investing in a company is very beneficial. More reviews like these are helpful to everyone. 

    Reply
  323. I think I visited this site a while ago regarding cash FX, I do briefly remember what the program was about but not clearly, I know I wasn’t totally happy with the program so decided to come and check again. Currently one of my friends received an email, talking about this company so I think she should take a look at this and then take it from there

    Thanks

    Reply
  324. This is a very helpful review on cash fx group. To think I was considering signing up on this platform. I was introduced to it by a friend and there were so many promises and I felt skeptical tho. Plus I now know how to know if a platform is legitimate or a scam by myself now following the step you used. Thank you for this eye opener 

    Reply
  325. I think i have seen something about cash fx group before, well my mindset still remains the same about this platform and it is a no go area for me. I have made it a life mission to stay away from MLM programs as i have had my own share of experience with them and honestly it wasn’t a nice experience 

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  326. First of all Tony, thank you for sharing this article on Cash FX group. I really like that you wrote about this because a lot of persons have taken wrong decisions in online businesses these days which causes them to regret. Something like this will give them a clue of what the business is  all about. This cash fx group has so many red flags that I can’t excuse. It doesn’t seem legitimate and I won’t advise anyone to join this. 

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  327. This is an interesting review to be seen here and for what its worth, you have done a great favor here with your review of cash fx. Well, I have never joined them even though I received an invitation to try it out but then, I never dared to try it out because of the MLM business model being tried out there. 

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  328. It is always advisable to us as online business owners to always endeavor to read through product reviews like that of cash fx and  with that we’ll be able to know how legitimate the business and how lucrative it can be. Thanks for sharing this, it’s a very resourceful article, it’ll be of great help

    Reply
  329. Wow, this is a good update you have given us here on this cashfx group and I think it is really nice because you also attached a video to it to properly make us understand just what it is all about. I am definetely going to stay away from it. The best thing about this is that it is an updated one here. Thank you very much!

    Reply
  330. Hello Tony! I haven’t heard of Cash FX Group. But I will take your recommendation on that since you are someone who does in depth research on the many online business programs out there. You seek out the both good and bad programs out there and write really detailed reviews about them so that helps significantly. Thank you for all that you do!

    Reply
  331. Those are great points about the cash FX group to help people to stay away. If someone wants financial education that are plenty of other ways to go of which I’m sure you can recommend. This is not necassary to join as an mlm because this is not legit from a legal standpoint or a trustworthy standpoint. Thanks for helping to bring the company down which is a good thing. 

    Reply
  332. For the fact that Cash FX program claims to get external ROI revenues through various assisted trading systems and algorithms, but cannot provide any evidence of the form of trading it does or any information about its alleged trading activities on their official website, this is a redflag for me. I do think this program is credible or legitimate enough to join. Although, I am not saying it is a scam, but I wouldn’t not advise anyone to join this program.

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  333. There are so many online scams these days particularly in the money making niche, and it can be hard to determine if something is a scam or not. Thank you for the detailed analysis of the Cash FX group. Your points about the red flags are incredibly helpful to anyone thinking about investing into Cash FX.

    Reply
  334. Hey Tony Lee Hamilton, thank you so much for this review on the cash fx group, I initially didn’t know anything about this platform but after this review I must say that I am really educated and it was really an eye opener as well. The videos were also on point as well as they dished out a lot of content while keeping it simple. I had to share this with others. It was top notch

    Reply
  335. Wow, great content! This is extremely detailed and offers a lot of great insight into possible scams. I like how you look at when the company was established, plus so many other details. Your research saves the reader a ton of research and potential headaches. Thanks for the helpful info!

    Reply
  336. I appreciate your honest and unbiased review. While I don’t believe it’s a scam, it definitely makes people believe they can earn alot of money overnight. Making money online takes time and effort. Yes, it seems like you can make money on this platform, you have to have certain skills too!

    Reply
  337. When I saw that the people behind cash fx are unknown, I already had a red flag. Later on, cash fx which I thought was definitely forex ends up not being forex, why not just change the name.

    Although, according to your article they can’t be tagged as scam, I wouldn’t want to take the risk as I’ve lost a lot of money online

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  338. Wow, I couldn’t imagine anyone giving up their hard earn money to join a bad program like this.  I learned over the years when you are required to recruit others to participate for you to make your commission, then you are probably involved in a pyramid scheme.  What amazes me is the fact that Cash FX Group doesn’t have to disclose any financials for the funds they claim are being invested.  This company has no financials available for the public to view. This is given with any reputable investment company no matter what they are investing in.  They don’t buy or sell any type of product.

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  339. Well I guess to each His/Her own on these type of websites If your willing to take the chance and put in the time and effort towards recruiting a lot of new recruits then do so I guess, Otherwise each person knows the consequence of there actions by joining these types of pyramids.

    Reply
  340. Thank you for your honest review about cash FX group. It is so disheartening that so many people are willing to take advantage of others, especially those who are trying to better themselves. It’s really great to see a site that will give detailed information in a review of these scams and not simply just say that they are a scam. People are then  able to understand fully and make informed choices about their future! 

    Reply
  341. That’s a detailed review of the Cash FX group. I heard about it sometime back, did not have much information about it back then from their website. I have noticed that if online is the best way to earn money, it is also the best way for fraudsters to perform their unfair activities. 

    From your review not only I get to know the detail of Cash FX system, but also I got an expert opinion on this system. 

    Thanks a lot for sharing this useful review.

    Reply
  342. I see an awful lot red flags here. No actual product, no successful history, no registration and no actual people that relate to it doesn’t give me any kind of safety feeling. And I get that people are getting desperate these days financially but we should all be very careful with such platforms. Personally I would stay as far away from this one as I can.

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  343. There are a lot of sites like CFX , who appear in the internet, make some money by scam and then dissapear. The only losers are innocent people who lose their hard earned money. Reviews like this  by people like you certainly will aid people to understand the scam sites. The CFX is almost redflagged in almost all aspects and  your 5 points explanation on red flag should be appreciated. Thanks for your review.

    Reply
  344. The fact that Cash FX is not registered with any financial regulators is the number one red flag right away. Not only that, like you’ve pointed out so well, this company may be operating illegally throughout the world. Investments such as these, even regulated ones, can be a risky business, so it’s a no brainer that I’ll steer well clear of Cash FX thanks to your review. Much appreciated!

    Reply
  345. Hi Tony,

    I have heard about CFX and was introduced to this platform. I did a lot of research since it was introduced to me by a good friend, a professional network marketer from the Uk. I felt the least I could do is check it out, but I find many portions of this program I could not agree with. 

    I follow the Crypto markets, have taken several courses from Blockchain to investing with the Crypto market. I use a hard wallet to protect my assets, the S Nano. I have a tough time trusting any new company that promises to make you rich or general you large returns. For me, that is a red Light. STop

    Regards,

    Joseph

    Reply
  346. Hello, 

    There are a lot of scams online. Some people still believe that there are shortcuts to make a lot of money online. And this is what scam artists take advantage from. It’s the first time that I hear about Cash FX Group. I prefer to make money with affiliate marketing better than MLM, even that I recognize that it can be possible to make money with MLM too. The fact that there’s no information about who owns or runs the company is already a reg flag. 

    Reply
  347. I have not come across my but I see people on youtube advertising it.Can you also talk about Crowd1 because they have scam people especially the poor in Africa and Europe.  I wonder why despite what these people are going through, someone can just go into ones country to make a fool and scam of them   

    Reply
  348. This is a comprehensive review that alerts us to ‘pass’ on this so-called opportunities. It is easy to be lured in by many of these types of marketing schemes (I will refrain from calling it a ‘scam’) because there is no clear product or service. If you are not buying/selling something of value, it looks suspect. Thanks for the info!

    Reply
  349. Thanks for taking the time to alert people to these red flags! Sometimes these “opportunities” are packaged up in a really shiny way that takes over the individual emotive when logic should prevail. Missing registration and contact details are certainly a big red flag to me. This serves as a good reminder that we should always take a moment to dig a little deeper before parting with any cash for a new “opportunity”! Thanks again!

    Reply
  350. Tommy I really appreciate very highly someone taking the time out to write such a comprehensive review, I also really cannot stan the scammers the real reason why I like to see review like this, you can very well save many their hard earn money, they really don’t care who you be as long as you can fork out the cash. I would really like to thank you again for this helpful article.

    Reply
  351. What a shame that there are such programs online that plan to take advantage of people’s naivete. I salute you for exposing them, and hopefully a lot of people will read your post and become aware of such scams online.

    However, there are legit opportunities online. Especially in these Covid times, online earning is turning out to be a really good idea.

    Reply
  352. Hello there I know There’s so many scam artists out there which  offer an individual amazing opportunities to join them And also get rich schemes. There is no such thing as getting rich quick, there must be work. In this article you have gone into great detail to point this out to us all and given us more insight into the scam ways they operate. Thank you for this wonderful pieces.

    Reply
  353. There’s so many scam artists out there where offer you amazing opportunities to join them I get rich schemes. There is no such thing! In this article you have gone into great detail to point this out to us all and given us more insight into the devious ways they operate. Great article 

    Reply
  354. Hello there, I think any reader will come to the conclusion that Cash FX is indeed just an MLM scam versus a legitimate forex trading platform. It’s important that you highlighted the fact that they claim to be regulated, but have already been given a warning from the FCA.Thanks alot for sharing this awesome article.

    Reply
  355. For me, If they are not scamming, at the very least they look very shady and I wouldn’t even want to take a chance with them. As a fairly new affiliate marketer, I think my money is better spent elsewhere, like trying to improv