CashFX Review, Is Cash FX Group a Scam or Legitimate?

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Have you heard about CashFX Group yet?

I heard about it through a site that I am a member of that has a post rotator, the site is called CashJuice. Even tho the name of the site sounds very scammy, its actually a very nice and legitimate community for the most part. Throughout all of my searching and reviewing of the CashFX program, I found very little positiveness. Most reviews about Cash FX Group pointed toward it being a scam and if not a scam then definitely not recommended. Additionally & sadly, most marketers who review other platforms negatively almost always include their “Opportunity” that is of course better and legitimate right in their review. Are you a member, do you have positive information to share, can you change our mind? I am always open to hearing new information and other perspectives from friends who have had experience with platforms on the internet.

What exactly is CashFX Group about?

CashFX Group is an investing forex trading site that is indeed an MLM and focuses much more on rewarding recruiters than on actual investors. They also charge a hefty percentage for cashing out your own money, does that sound right? The cheapest investment package is available for the low price of $90 and goes all the way up to the largest investment package at $100,000.

Below is an explanation of what each ranking is and the credentials that you require in order to reach them:

  • Affiliate Rank– To qualify for this ranking, you will need to acquire one of the financial investment bundles.
  • Executive Rank– To get approved for this ranking, you will certainly require signing up with at the 1K level financial investment with a 500 PV or higher degree, recruit and also preserve 3 spending participants with a complete team of a minimum of 7000 GV.
  • Manager Rank– To get this rank, you will need signing up with at the 1K level financial investment with a 500 PV or greater degree, recruit and also maintain 2 Executive Rank or higher with a total downline of a minimum of 25,000 GV.
  • Supervisor Rank– To receive this rank, you will require signing up with at the 1K level financial investment with a 500 PV or greater level, recruit and also preserve 2 Manager Rank or greater with a total downline of a minimum of 100,000 GV.
  • President Club Rank– To get this rank, you will certainly require signing up with at the 1K degree financial investment with a 500 PV or higher degree, recruit and also keep 3 Director Rank or greater with a total team of at the very least 500,000 GV.
  • Ambassador Rank– To get this ranking, you will require signing up with at the 1K level financial investment with a 500 PV or greater degree, recruit and preserve 3 President Club Rank or higher with a total down line of a minimum of 2,000,000 GV.
  • International Ambassador Rank– To receive this rank, you will need signing up with at the 1K level financial investment with a 500 PV or greater level, maintain and recruit 2 Ambassador Rank or higher with a total downline of a minimum of 5,000,000 GV.

A number of terms that were detailed here were GV and PV, below is what they mean:

PV– This term is “Personal Volume” which is the investment or the volume PV from your personal investment volume.

GV– This term is “Group Volume” which is the financial investment or the volume PV (quantity) from your whole down line.

Where does the investment go?

With Cash Forex Group they claim to be able to pay up to 15% per month and a return on investment of 200 – 400% over time. Supposedly only 70% of your investment goes toward actual investing & 30% going towards education …. In my opinion, the 30% goes toward recruiting bonuses. The withdrawal fee is also 25% so where does the 25 percent go to? Yes, once again back to the recruiting members. With the qualifying amount of point volume, you can be paid up to 50% so those who are sponsoring machines with huge teams will indeed make a massive amount of money.

Compensation Plan Trade Academy Packs

Of the 30% that goes towards the educational “products” 100% goes is paid back out through the compensation pack and is non-refundable. Early withdrawal of the remainder of your investment is available but there will be penalties as well as fees involved. The video above talks about Bear & Bull Capital, the Bull Capital is what triggers the leadership bonuses but needs to be continuously upgraded in order for your income not to be capped. Fast start bonuses, have you ever heard that term? The 3×10 matrix is set up to benefit the recruiting superstars with most of the compensation going to those who create massive teams. Your profits can't be used in order to upgrade within the system, you must first withdraw the money (25% fee) rendering your profits right back to the company and the compensation plan. Do you see how the company will indeed be able to sustain the compensation plan while rewarding its Leaders and Ambassadors? View the Cash Forex video on their YouTube channel above for details and more information.

Is Cash Forex Group on Social Media?

Yes the Cash Forex Group is on social media sites but doesn't have a large following, they are on Twitter, Instagram, Facebook & YouTube.

You can view their pages by clicking on them below (Your click will open in a new tab):

  • Instagram – Only 297 Instagram followers
  • Facebook – Only 635 Facebook Fans
  • Twitter – Only 122 Twitter Followers
  • YouTube – 1,4700 Subscribers but most videos have less than 100 views per week as well as less than 20 likes.
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CashFX Scam or Legitimate?

Cash Forex Live Event Business Presentation

It's still too early to answer the above question on whether or not the CashFX Group is a scam or a legitimate online earning opportunity. That being said, I am going to steer clear of this but may watch the Live Event on YouTube scheduled for Friday October 25th at 9pm EST. and will keep an open mind. How about you, will you register for and be online for this live event or will you simply be doing something else? How about Panama City, will you be there in person at the Hard Rock Cafe Megapolis from November 8th through the 10th?

Tickets can be purchased here and range from $95 for the cheap seats (Hotel Room not included ~ Event Tickets only) all the way up to $1,395 for the Super VIP Tickets that included

  • 2 NIGHT HOTEL PREMIUM OCEAN VIEW ROOM + BREAKFAST INCLUDED
  • SUPER VIP ROUND TRIP AIRPORT TRANSFER
  • EXCLUSIVE IMMIGRATION BYPASS
  • OPENING NIGHT RECEPTION PREMIUM AREA
  • MASTER CLASS TRAINING
  • MASTER CLASS PIT SEATS
  • EXCLUSIVE LUNCH WITH CFX CO-FOUNDERS
  • GRAND LAUNCH EVENT ACCESS TICKET
  • GRAND LAUNCH EVENT PIT SEATS
  • CELEBRATION PARTY + LIVE BAND MUSIC
  • 2 HOURS OPEN BAR + PRIME DINNER BUFFET
  • CFX CO-FOUNDERS GUIDED OFFICE TOUR
  • SUPER VIP CFX GOODY BAG

Sounds like a good time, maybe we should join, what do you think?

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122 thoughts on “CashFX Review, Is Cash FX Group a Scam or Legitimate?”

  1. Great review of CashFX Group. Thoroughly enjoy reading thrice. Scams or not, it never escapes Tony’s eyes of sharp observation.

    What you said is true and definitely right. We wish you every success and please write more articles. We are yearning to learn from your Great Wisdom.

    Straight to the point and thorough coverage of the issue. I would not expect anything less from Tony. Another home run, buddy.

    Reply
  2. Thank you for this informative article on Cash Forex Group.  It really sounds great, but I agree it is a little too early to tell.  I learned a lot reading the information.   However, I do not think I will ever choose to be a part of an MLM.   Maybe in the future I will change my mind.  I do not like recruiting.  Thank you for sharing.

    Reply
  3. Excellent post, Tony! Well for starters, I am not really incline to join whatever MLM company there is. It is just a no for me. Howevee, Cashfx seems to be reliable. I like their ranking especially the affiliate rank and excutive one. With just making a purchase for a financial investment bundle, you easily get to join them. What is more is that the executive rank seems promising with a 500 PV. Though no verdict has been made in this review, I hope it wont be a scam or a fraud company in the long run.

    Reply
  4. Hi,

    In this review, CashFX is a legit platform and not a scam. Nice to know that CashFX Group is an investing forex trading site that is indeed an MLM and focuses much more on rewarding recruiters than on actual investors. From this platform it can serve as means of getting massive income.

    Thank you.

    Aluko.

    Reply
  5. I will have to look into the list of links you’re provided to really understand the concept. MLM business model might have its pros but when the business focuses more on networking/recruiting than the business they claim to promote I too have to question their true purpose. Thanks so much fo sharing

    Reply
  6. I was wondering about the Cash FX Group since there are so many scams out there. Thanks a lot for this thorough review of the Cash FX Group. 

    Originally I thought this was a legit company, but since I started reading about the Personal Volume and Group Volume, I automatically knew that this is just another MLM that deal with trading. 

    It immediately made me not interested in this company. 
    There must be a legitimate company that teaches how to trade or how to make money online… 

    Reply
  7. I enjoy Forex trading. In fact as I write this I have three trades in progress, with a net gain of 12 pips as of now. My target is 200 pips. Somehow, getting involved in Forex MLM programs does not appeal to me. However, I have nothing against others doing that.

    When I read the investment levels necessary. it was too much for my mind to absorb. I would not recommend MLM to anyone. Instead, my preference is affiliate marketing. I am indeed an affiliate for a Forex trading company and do not have to buy anything for that opportunity. 

    Thanks for sharing the Cash FX opportunity though. 

    Edwin

    Reply
  8. Another waste of time to invest in such MLM scheme. I don´t see how we can be serious with these guys if they reward more recruiters than investors.  An even recruiters take compensation plan with non-refundable benefits. That said they can allocate all the benefits levels they want, it is definitely a scam to me.

    When you see company with so many levels of programs from $90.00 to $100,000.00. You better watch out.

    Reply
  9. CashFX is an invest group that people may want to “check out” if looking for a way to invest and make money. I would suggest reviewing the videos explaining this invest program rules. This review of CashFX was well executed and explain to anyone who is considering becoming part of CashFX.

    Reply
  10. I’ve heard some experiences using this platform but I don’t know how credible they are. The CashFX platform looks tempting at first glance. There aren’t a large number of followers on social media and media so we can’t get the right information on whether it’s worth becoming a user of this platform. 

    This post is informative, thank you for that

    Reply
  11. I’m a bit nervous about putting money into something like this, especially as there are so many mixed reviews about the company. I’d be more confident if you were fully recommending it, however given you are at this point just keeping an open mind then I will wait to see if you provide any further reviews in the future. I must say however that I don’t like the fact that you are charged when you want to withdraw your money, as this seems a bit unfair.

    I will keep my money for now and see if there are any positive signals from you. Thanks for sharing.

    Reply
  12. Hello Tony, I must tell you after reading this article I discovered that Cash fx is really nice and it worth giving a trial but the issue no is the fact that they have a very High investment amount and  this would cause user or investors to deviate because the proof of high return can not yet be ascertained 

    Reply
  13. Why will they “charge a hefty percentage for cashing out your own money”? That’s utterly bullshit and scammy to me. In fact, I don’t even have to go any where to look for review no more. Many of what I’ve read here has given me a great turn-off, the many negative reviews, condition, and all that. I don’t like anything about them and won’t waste my precious time promoting what look like a scam, if not.

    Reply
  14. CashFX is certainly an interesting concept company but I’m not quite comfortable with jumping in yet. Your review does seem to show them as possibly a good program, though with some risk. From what I can see in your article, I’m not sure I would call it a scam, but certainly, it has some risk involved.

    I think I’ll take a wait and see approach for now. I do appreciate all the detailed information you’ve provided and I’ll be stopping back for updates to see if anything changes with this opportunity.

    Reply
  15. Thank you for sharing i have never really heard about CashFX, but according to what you have just shared with us it seems these guys charge high withdrawal fees so that you find it hard to withdraw you own money. My guess is that they want to discourage those with small investments from withdrawing. I usually stay away from these investment mlm platforms i have had a number of my friends lose money 

    Reply
  16. i love reading your texts, and I am a fan of general reviews because it saves my time from spending money and energy on things that can be a scam. Even if it turns out that something is legitimate, and that it really works, it’s a good time to read. I think maybe CashFX is quite ok.

    Reply
  17. t’s good to have perused this article, there are loads of chances on the web and along these lines, there are likewise heaps of risky offers online that we shouldn’t consider on the grounds that they are awful and are simply out there to take our cash and offer no good thing consequently.

    Reply
  18. Well, thanks Tony for reviewing CashFX Group. A friend asked me to join this program, but I’m a bit skeptical since it’s still a new program. Your insight about their follower base in social media is good. It’s still early to judge, so I might want to skip joining them for now. I’ll keep an eye if they become worthy to join later. Thanks

    Reply
  19. Cash FX sounds like a tricky opportunity to get into. Why you were not able to fully deduce whether or not they are indeed a scam or a legitimate business opportunity, I fully believe anything requiring large amounts of money upfront and gives little return on investment is too risky to mess with and should be avoided.

    Reply
  20. My stomach cringe every time when I hear a MLM company with the Forex service. My friend was involved in one and lost a lot of money. What I am trying to say is that I always have my guard up when I read a review for platform like these. Anyways, you are right it is too early to judge them yet. But the conference at the hard rock cafe sounds pretty good to me. We can always say no afterward lol

    Reply
  21. There are hundreds of opportunities out there but not all opportunities are meant to be grabbed as most of the are just waiting to rip you off your hard earned money. I like to read reviews, they are very helpful when it comes to making decisions whether you should do on with it or not.

    Reply
  22. This is good, I man the review that you have written on this cash fx group. You did well to out this together and also to tell us that making money is not easy. I think the reason why many people have been able to give up to scams is because they do not make the right research and also because of the many lies they are told.

    Reply
  23. So let me see in case I got this right. An speculator that needs to cash out has got to pay 25%? That appears scammy to me. Is there a specific sum of time one should hold up to decrease that tall pay out? Or are there activities a individual can take to avoid that tall pay out? I am not investing cash into something that will charge me an extreme charge to urge my cash back. Other sites offer much way better return without the withdrawal punishment. Thank you for the article. And can you let me know how that cash goes to the individuals that alluded them? This sounds like a few sort of pyramid conspire or an amway sort item.

    Reply
  24. Hello there Tony, thanks so much for this informative and insightful review. CashFX seems kind of sketchy to me. With what you invest in and there being no  guarantee for a return or even any testimonials, I find this questionable. Also, the very small social media following concerns me a little, but this is all judging based on surface knowledge. 

    Reply
  25. Your review here about cashfx is massive and I can only resonate with you for all you have shared here. Really massive to see here. You know the fact that they offer it all and make it all worthy to follow through. I love your overview here and they are well worthy to see. Though I still find it awkward that forex can be done in mlm style

    Reply
  26. Great article. This sheds some like on Forex. and to be completely honest i have been looking into expanding my knowledge base on it. Your outline has furthered my interest in this platform.

    The MLM aspect seems a little flaky to me. i have never really been a supporter of MLM. Is there and true educational value to this platform?

    Best regards,

    Jordan

    Reply
  27. You have outlined Cash FX well.  I will have to look into the list of links your provided to really understand the concept.  A mutual fund is basically a bunch of people investing in a given area of the economy with each benefiting a bit from everyone else in the group and their purchasing power.  You have adequately outlined two things to be cautious about – initial invest and penalty for pulling out of the program.  Most mutual funds do not impose penalties unless you are involved in a term transaction.  For me this is a new take on an old concept.  I think it is worth watching.

    Reply
  28. Hi Tony,
    This CashFX Group sounds so much like another I came across recently and refused to join. MLM business model isn’t so bad but when the business focuses more on networking/recruiting than the business they claim to promote I too have to question their true purpose.

    After all, if a member stands to make more recruiting than trade why trade. Would anybody. Well, there will always be the person who enters with a legitimate desire to trade and maybe isn’t good at recruiting who will receive the short end of the stick in this case.

    Regards,
    Candy Benn

    Reply
  29. Hello Tony, I have heard of cash juice and I am a member eve though I stopped for a while and seeing this now make me realise a lot and I am really happy that you make thing easy for us all and this is something that I am happy about the people can find help online. Very good 

    Reply
  30. For anyone willing enough to actually uopload and be willing fo do the dirty work of network markeyinga nd bringing oeool in, then cash fx can really be their taken though the fact that mlm was blend to forex is the rewon I font want to get I to this at all. Thanks so much fo sharing

    Reply
  31. It’s good to have read through this amazing article, there are lots of opportunities online and because of this, here are also lots of dangerous offers online that we shouldn’t even consider because they are very bad and are just out there to take our money and offer nothing good in return.

    Reply
  32. Thanks a lot for sharing this information! I don’t have earlier heard about the CashFX group but this review has just revealed a lot about them. I’m definitely of the opinion that no one should invest in a business choice with this ”awkward” combination of a forex trading site and an MLM.

    All the best for you!

    Reply
  33. Hi Tony

    Your review about Cash FX sound interesting after watching your video post. How ever I didn’t like the fact that you couldn’t use your profits to upgrade in the the system. To me that sound a little fishy investing into something like Cash FX. 

    Thanks for getting the word out about invest trading opportunities such as Cash FX.

    Reply
  34. Defrauding the world and making casualties.

    I discovered the dance simply subsequent to losing 100.000€ attempting to purchase bitcoins on their foundation… I made installment and they professed to not have gotten it, anyway my bank affirmed that the exchange was finished!!

    This isn’t acceptable at everything and we require to get equity! I made reports to all the offices, specialists and controllers I could consider I got a similar reaction from every one of them, “We will think about your report, when we get more data, we will have the option to explore.”

    What happened to researching out and out… I was not having it and I expected to get my cash back so I went searching for private firms and found an organization that had the option to get me out and effectively get my cash back… .

    Reply
  35. The rankings sound complicated and the investment are too hefty.These claims of paying 15% per month and a return on investment of 200 – 400% over time sound too good to be true.

    I wouldn’t advise any loved one to sign up for such opportunity,there are a lot of red flags .

    Reply
  36. Hello there!
    That is a very amazing review you have there. I have barely heard about the CashFX group but this review has just revealed a lot about them. It is interesting to know that the scheme is actually an investing forex trading site that is an MLM. It is also nice to see that the site focuses much more on rewarding recruiters than on actual investors. That is really a good one but it is also important to know if they are scam or not. This review have just helped in deciding that.
    Thanks.

    Reply
  37. CASH fx is a bit new and i am happy that you could find time to create this review. I have seen facts that Your profits can’t be used in order to upgrade within the system, you must first withdraw the money. The idea you have passed on will help us and guide us in our engagement.

    Reply
  38. That was so informative, and I hope I’ve read this sooner. As a victim of one of these scams myself, I just can’t help but notice how they’re popping out of nowhere. So thank you, Tony, for this article and for informing other people before they become a victim like me. 

    Reply
  39. Hi Tony,

    Thanks for your amazing review – CashFX Review, Is Cash FX Group a Scam or Legitimate?

    CashFX does sound familiar to me as I have heard about them before. However, I am amused to know from your review that a forex trading site like CashFX operates as an MLM.

    I am definitely of the opinion that no one should invest in such a business model with this awkward combination of a forex trading site and an MLM.

    Thanks for enlightening us with this detailed review

    Reply
  40. Thank you for sharing such an informative and interesting article. This scheme however raises a lot of questions and red flags which unfortunately cannot be ignored. It does not sound like something that is for me for the first instance it being an MLM is something I personally believe carries too much risks for one to even consider investing in it

    Reply
  41. There seems to be an explosion of these shady MLM businesses lately and in my opinion is good to stay clear from them because even if they are legitimate making money in MLM business is extremely hard to completely impossible for someone that starts right now. I would hands down suggest affiliate marketing as it is way easier and the risk is much much lower.

    Reply
  42. Now I know all about the CashFX program. First of all, that cashout fee is just too much. I am a minimalist. So 25% of anything has to be carefully scrutinized. 

    Secondly, Forex Trading is super popular right now. Even I have considered jumping in. But what I don’t get is the Compensation Plan Trade Academy Packs. It’s complete with products, penalties, and fees to the tune of ‘o I don’t know about this’.Your review is thorough enough, though. 

    I suspect you will recruit many interested people which are familiar with Forex Trading and unafraid of those fees.

    The videos show a different side of the game. It’s much better due to the video presentation, which I enjoyed because I can digest this information in smaller bits and pieces. Finally, I will not attend the online live event or Panama City. There is way too much risk on the table to feel comfortable with this yet. 

    Thanks, Tony. I learned a lot!

    Reply
  43. Its normal to win and lose when investing. But it’s heartbreaking when you know you have been cheated. I was caught up in a scam with bitsane last year that cost me BTC. This guys came up with a fake story of being hacked when it was actually an insider affair. Luckily i was able to track and recover my funds. I strongly recommend them to other victims going thru similar situations. Together we can uncover the truth and save millions of other people.

    Reply
  44. I have listened to the name of cash fx many times through the internet. but I don’t care to about it. recently a friend of mine introduce me about cash fx system and force me yo join. but I want to read the review of cash fx before joining.on searching on the internet I found your blog and understand through your blog that it is not a legit product and it is only just a pyramid scheme.thanks to you for giving me the right information.

    Reply
  45. So let me see if I got this right.  An investor that wants to cash out has to pay 25%?  That seems scammy to me.  Is there a specific amount of time one has to wait to reduce that high pay out?  Or are there actions a person can take to prevent that high pay out?  I am not investing money into something that will charge me an exorbitant fee to get my money back.  Other sites offer much better return without the withdrawal penalty.  Thank you for the article.  And can you tell me how that money goes to the people that referred them?  This sounds like some sort of pyramid scheme or an amway type product.

    Reply
    • If they return 200% and ask for 20% back that’s still 160% return. Pretty good. Your looking at it the wrong way.

      Reply
  46. Tony the CashFX group sounds more like a pyramid scheme to me. I don’t think the payments they are promising and making are sustainable.At some point it will topple over and fail. Like you rightly say they seem to be compensating the recruitment of new members than the payments to investors. I think at some point its all going to fail. I would avoid them. To me this is a scam.

    Reply
  47. Hi Tony, 

    thanks for the article.I was a bit interested to find out how much the CashFX business grew since you have written this review. I don’t know if I am surprised by the numbers or I even expected these results. In almost 10 months their IG account jumped from almost 300 to 3000 only? Facebook is somewhere around 6000 and so on. 
    This tells me that they did not succeed much as they claim themselves as a big opportunity. 

    What do you think about this?

    Reply
  48. Thank you for this review on cashfx.  There are so many schemes or “scams”, that it is often difficult to see the wood for the trees.  The fact that you say “30% goes toward recruiting bonuses etc.” makes it sound like a pyramid scheme.  I think I will be avoiding this scheme for now. Your review, is I think a most helpful contribution to understanding the scheme and so help people to be aware of the potential pitfalls. Thank you.

    Reply
  49. CashFx is slowly making a name for itself in the early stages. I ran across something on them on youtube the other day. Two big no no factors for me however is that it is a forex (most do not last) and the ones that do end up being ponzi schemes in the end. The second no no for me is it is based off of the MLM business model. Again it is too early to say for sure but I will be watching this one closely. Thank you for the honest review,always love them. At this time I think it would be a safer bet to play the regular stock market.

    Reply
  50. Hello Tony, the true style of a business matter a lot and its either calling potential investors or chase them away. Looking at this MLM, I don’t see where they talk at all about actual forex trading and the risks involved.  Add in the fact that I think their fees are kind of outrageous, and I see a lot of downside to this program. I still have something to learn and see. 

    Reply
  51. I think you made a great review here. I have heard of CashFX on Youtube but I haven’t got the opportunity to get such an explicit presentation. I think it can be an opportunity to make money indeed. Only I will not recommend it for beginners or for people who are new to MLM. I was personally attracted to it for the Forex part but as you said it is more rewarding for recruiting than investing in the Forex. 

    Thanks

    Reply
  52. I do not know why whenever there is a new way for people to start making money online, different platforms just keep popping up with their different scams which I don’t think is infact a good thing at all. All in all, I am happy that you shared this post and I am also very happy that you explained about this Cash fx

    Reply
  53. CashFX is a scan and it is advisable that people stay away from it before they fall victim to this fraud. I don’t like it when I hear people say bad things about products or offers, that is why I take my time to read through review just like this one to show me what and what is it about 

    Reply
  54. The return on investment seems very high and tempting, however, the climb up through their ranking system seems quite a task, involving a lot of risky investment. I personally wouldn’t sign up with them, at least not at this stage. I’m glad I know of other platforms you’ve been recommending, which are definitely on my to-do list, such as the Global Moneyline. Thanks again for casting your light on yet another opportunity, and highlighting all the risks involved.

    Reply
  55. Well! 

    Cash fx might just be the way out for anyone willing enough o want to get into affiliate side of forex and also get into the details of making money in mlm. though I would not dare to do something like this because I don’t have the vibes for it. This is really great to see here and I an quite impressed to see it all here. 

    Thanks

    Reply
  56. CashFX seems kind of sketchy to me. With what you invest in and with no guarantee for a return or even any testimonials. Also, the very small social media following concerns me a little, but this is all judging based on the cover. If it were me, I’d let time do it’s work to really see if this is legit or not. 

    Reply
  57. The fact that the lowest price is $90 and you can even invest over $1k without even knowing what you’ll get in return. Just for that I would definitely not think about it twice if I had the opportunity to join it’ll be a huge pass for me. I have never heard of the company before so I can’t be quick to jump in with critics but from what you stated, it’s too much of a risk. 

    Reply
  58. Ethics aside – talking business. This endeavour clearly includes ‘ponzi scheme’ type of practices and history shows that in most cases there is money in it. You can earn good cash if you make informed decision about joining, you know the risk AND if you join early and leave early (before market saturates). I wouldn’t by default condemn such business types – if rules are laid out and nothing is hidden then it’s just like playing a game. You may or may not win.

    Reply
  59. Usually just reading the word MLM makes me shiver, I had a bad experience and I don’t want to repeat it. I’m sorry Tony, I trust your judgment a lot and I find your training is fantastic, I’ll take a look at CashFX, but I don’t know if I will sign up.

    Reply
  60. Great information! That’s the main thing that scare me about online marketing is knowing what is a scam and what is not, like CashFX Review . Me personally I dont like alot of 3rd parties in online marketing, so CashFX Review really wouldn’t be for me. It’s too many levels to CashFX Review marketing.

    Reply
  61. Looking at this MLM, I don’t see where they talk at all about actual forex trading and the risks involved.  Add in the fact that I think their fees are kind of outrageous, and I see a lot of downside to this program.  Did the live event on YouTube give any further details about how the money is invested, or did they just focus on the recruiting aspect?  

    Reply
  62. The Cash FX will have to wait to see if anyone has a positive outcome with this program before investing my hard-earned money. The price of $90 might not seem like a lot to some, buy $90 is a lot more me to lose at this time.  If the negative reviews outweigh the positives, do not think this company will be operating long. I hope others who are planning on investing in this company read your review before sending money to them. I will be sharing this review with my social media followers. 

    Reply
    • It’s not a scam, I invested $700 at the beginning. Kind of took it slow and eventually upgraded to 5K, I get paid every Saturday. The only difficult part is knowing how to sign up and purchase bitcoin, it has several steps which took me few days to learn before actually setting my account up

      Reply
  63. There are recruiting superstars with massive email lists who will do well with this opportunity. And what I am amazed with these recruiting machines is that, when something goes wrong in a company, they can easily explain to their followers what went wrong and they’re easily forgiven. 

    If someone is not biased against this company just to promote theirs, it is true that there’s huge money to be made out of this program. Paying commissions by percentage rather than by fixed amount of commission, is certainly bigger and if one of your downlines happen to be a big spender with lots of cash, you as an upline will surely make huge money. I’ve seen it happen with some of the top earners in MLM, and it can happen to in Cash FX.

    Reply
  64. Hi Tony, I was a bit interested to find out how much the CashFX business grew since you have written this review. 

    I don’t know if I am surprised by the numbers or I even expected these results. In almost 10 months their IG account jumped from almost 300 to 3000 only? Facebook is somewhere around 6000 and so on. 

    This tells me that they did not succeed much as they claim themselves as a big opportunity. What do you think about this?  

    Reply
  65. Here you have another MLM opportunity.  I view all sites that put rewards on recruiting as the primary way to make money questionable.  Also, all these levels and groups are designed to confuse, but also, at the same time, successful induce a certain number of people to join.  I would not join this MLM group, and I would not encourage other people to join.

    Reply
  66. I have been looking at a variety of FX schemes and been worried about whether they are scams. So many make claims but are just after your cash. It is good to see Tony Recommend one as I have come across the products he has reviewed and promoted in the past and he has a lot of integrity and credibility. I will be looking further into this opportunity.

    Reply
  67. Though i am not really intrigued by their product line and the fact that they are offering mlm style in cashfx, I still think it might be worth trying out. CashFx is great is you can take the risk and seeing all you have shared here, I can only thank you and stay hopeful for all you have shared out here. Thumbs up to you for sharing here

    Reply
  68. Tony,

    I appreciate you for sharing this well-researched review on CashFX. My husband and I just started to learn about trading. We would like to start small and hopefully, when we understand how it works and whether it is worth our investment, we want to do more so we can have our daughter’s college fund started. 

    Since we are so new in this, an important review like you did is very helpful for us so we won’t fall victim to scams. I think CashFX is an interesting forex program that has an MLM element to it. That said, we are not so much into MLM but we do want to learn about trading.

    If they are going to have a live event, I don’t think we will register for it. We will better off to do more reading and research about trading and investing our money somewhere else.

    Cheers,

    Ferra

    Reply
  69. In the past, I’ve tried many forex programs, and I earned a decent amount of money with some of them. But this one seems like a big SCAM. Those ponzi schemes have never been more profitable I think, but for Us, but for the owners.

    What do you think is the best forex making money website? That’s not MLM of course.

    Reply
  70. hi Tony, thanks very much for this informative review. I guess you really want to help people make better choices in life and I am so glad about that. I have tried MLM in the past and CashFX definitely looks like an MLM as well. Thank you for your research into their program.

    Reply
  71. Trading online has been really wonderful and it’s not a bad idea to see platforms that have a similar oriented program to help you make online. However it very new to me to see an MLM program under and forex related platform, but since it will be making gains as a recruiter is would be good for those who are good at it and an affiliate part of any business is a great idea. Worth a try for me.

    Reply
  72. Never heard of this platform before but it should be Worth giving a shot. I always like to try new stuff everytime and this one shouldn’t be an exception. I see that there are a number of cons to it but it doesn’t give away the many potentials that the platform has and the many things that I stand to gain from joiing. I don’t mind trying it out.

    Reply
  73. Thank you for that informative content and no I am not  member of Cash FX.  I have been approached by so many platforms promising all these great money making schemes and the majority of them are scams.  There fore I am very leary.  I Just can’t trust the majority of these sites with my money.  I think Cash X is one of those and I believe you feel the same way.  Are there any other platforms besides WA that you feel are legitimate. I would like to know for my own benefit  I really liked your post.  It was a nice read.  Like the majority of these get rich fast scams they all just keep asking for more and more money and making unrealistic promises so I am very careful.  Again,, THANK YOU.

    KathleenJ

    Reply
  74. Cash FX is interesting personally for me in discussing whether their payout fees should be fair and balanced and charging a hefty fee is not legit. I have a real issue with this and people’s investments are important to them and can change lives. I changed my pension provider as a result of such things! The one thing that also jumps out is their lack of social media following. I would not expect it to be massive as a niche but I think I would expect more than the numbers you quote so a good highlight.

    Rightly or wrongly I am not an MLM fan but know many people are.Thanks for an honest review.

    Reply
  75. I have tried MLM in the past and CashFX definitely looks like an MLM as well. Thank you for your research into their program. Helps me to narrow down what companies to further research to see if it fits my personality and economic needs. Success in this particular MLM seems pretty aggressive with a minimum of 7000 GV team effort, so this will take much thought.

    Reply
  76. There seems to be a lot of research in this article. How many companies like these even exist and aren’t you tired of posting reviews for each and every company that comes out like this. I guess you really want to help people make better choices in life. Great mission keep going!!!

    Reply
  77. Thanks Tony for this awesome review about CashFX, I’ve read a bit about and I’ve not been able to see clearly what they are about, but reading through your review, I’ve been able to know how it works and it’s level of legitimacy. I believe it’s good to sort out for what people think about business offers before you go into it and it’s clear that most people believe it’s a scam.

    Reply
  78. Well! Everything that involves forex is two sided and that is the more reason that it is always advisable to thread on the part of caution when it comes to it. However, these people seem convincing somehow though I am not fully convinced yet. Thank you so much for sharing this post out here. Thank you so much and God bless you for sharing this out

    Reply
  79. Thank you so much for sharing such an informative article with everyone. The main content of this article is CashFX Review. After reading your article I got very excited about Forex trading which I was interested in doing from the past. Following this, I joined CashFX which helped me reach my desired goal. Although many people disagree with it, I would like to agree with you completely. It is completely legitimate.You can easily trade using CashFX and establish yourself in the world of Forex trading.

    So I would say those who are interested in Forex trading should join CashFX and start trading now.

    Reply
  80. This scheme doesn’t sound like something that would be good for me. I am not fond of MLM for starters. That payment plan seems to be a bit involved. Just over 600 followers on facebook doesn’t seem like a roaring business to me. I would say the same for Instagram and twitter.Those qualifications needed for ranking seem to be so hard to reach. Thanks for letting me know what to avoid.

    Reply
  81. To be honest the amount of investment mentioned in the review is for me a little bit scary. The MLM added some more shiver down my spine. Well maybe because I had bad experiences with multi level marketing that made me  react this way. However I like the part you mentioned about being open minded to new ideas from friends. the way you segue way to your alternative platform is nice. 

    Reply
  82. This is one that instantly makes me jump up and question. With 7 ranks to climb to get to a place of healthy reward, that will take A LOT of work. They are very young still and forex trading itself has a lot of issues and questions surrounding it. While I appreciate your depth and heads-up, this is not one that I will be pursuing any time soon. Perhaps in the next few years, if it is still around I may take another look.

    Thank you.

    Reply
  83. Everything I read about this in your article send my red flags to be raised. First flag investment trading tells me this is a risky business. Second : Rewarding recruiters tells me your investments as a customer will probably vanish in a bad trading transaction somewhere. Percentage for cashing out your money does not sound very lucurative to me. Do i need to say more? I would never involve myself in this. Too high risk of loosing money you invest.

    Reply
  84. Cash fx does not sound like something I would get involved with. First of all it is an MLM and secondly the compensation program sounds very complicated which should not be the case. I think the average person would have a hard time trying to recruit people to join because it sounds overly complicated.

    Reply
  85. Hi tony 

    from your review, I can understand that CashFx is not a scam and sounds like a legitimate site on Cash Juice. I noticed that the rank system is a little bit complicated and this is probably one of the problems a beginner can have on systems like CashFx. you review this business very well so thanks for sharing it with us. 

    Reply
  86. Hello there Tony, 

    Is Cash FX Group a Scam or Legitimate? Thats a common question and a lot of people who decide on the former. CashFX Group is actually an investing forex trading site that is an MLM and focuses more on rewarding recruiters than on investors. It’s costs seem really high and i read that they charge hefty amounts for cashouts.

    Interesting. I hope the company is legit. 

    Aparna

    Reply
  87. I wouldn’t say I’m totally oblivious to this cash fx group but as a person, I have never considered the thought of giving it a go. Though I know they actually present quite an interesting fact and ways to get started with things but I am never convinced enough that I need them to boost myself up. Thanks for the review up here though. 

    i quite frankly picked up a few things about them more here

    Reply
  88. Thanks for this detailed explanation. However, I have to note that the explanation is primarily about the unbelievably complex compensation system. There is very little, and I am sure that is because CashFX barely explains, about how the FX trading will actually be executed and how they guarantee a profit. While I accept that it may not be a scam I have a hard time accepting that it is completely on the up and up. The first thing to note is that Forex trading is a zero-sum game. The only guaranteed winner is the exchange that gets its fees. In that respect, it is really like gambling. I’d be delighted if someone could correct me on this but it is a bit like betting on horses. Yes, you can do all the charting and technical analysis and do it better than everyone else and stay ahead of the game. But you have to be aware that there are massive numbers of traders out there trading Forex in trillions of $, multiple times more than the actual underlying world economy. I could suspect that CashFX pegs its program to Forex trading in large part because of the allure to people who have limited understanding of Forex markets, of all the money sloshing around and stories of fast riches. I am sure there may be some people who trade Forex and manage to make a consistent profit, good for them. But my sense is that this is designed to draw people in and I could see how many would not have good experiences. Thanks.

    Reply
  89. Hi Tony, It is always fun and inspirational to read your post. 

    There is always something new in your post. I heard about Forex trading from my friend who made a lot of money from it.

    I have a impression that you need to have a lot of money to trade forex. 

    Based on your article, the cheapest package is only $90, which is good price for me to join the CashFX and to learn something from it.

    It is nice that you provide addresses of their social media. 

    I just watched some of the youtube and I like channel name: New Era of Growth. 

    Yes, this is the way to grow my business financially.

    Reply
  90. I’m surprised and honestly a bit disappointed concerning their social media following. I know that’s not an accurate thermometer to measure a business. But because I have spent so much time on social media in my life, I know how easy a following can be built, I don’t respect very much those business that don’t have a decent following. Just my personal thoughts.

    Reply
  91. Honestly, programs like CashFX with extremely complex rankings and multiple levels of investment, etc. always put me off. I feel like unless you’re spending a ton of money to drag yourself to a higher ranking, they won’t pay attention to you or help you and you leave with empty pockets and another hit to your bank account and self esteem. Anything that only focuses on preening their existing crew and pushes outsiders out of the nest after plucking them clean is NOT for me. Thank you for the honest review!

    Reply
  92. Hey Tony

    We will be busy with something else on Friday, October 25th at 9 pm. Cash Forex Group seems to be dishonest from the onset. I don’t usually use this expression as it is somewhat limiting oversimplified but if it sounds like a duck and quacks like a duck, in this instance it might as well be a duck.

    But, as you said it might be too early and we should stay clear of it for now and just watch. What bothers me the most is that there’s no transparency, the withdrawal and penalty fees are ridiculous and it’s members seem to be its primary products. I would just stay away and clear from it, scam or not.

    Solomon & Selina

    Reply
  93. The name CashFX is indeed a scammy name – add in that it is an MLM and then furthermore add in that it is a forex trading site more concerned with recruiting people into the money making side than recruiting online traders? This business may have a bad rap online and I am not surprised, it has so many things that I detest. 

    Reply
  94. I have looked into forex trading and quite frankly it seems to complicated for me to get excited about it.   Having participated with MLM before, I find that these sorts of programs are good for people that already have an established audience.  Even if you start from the bottom and get help, it takes a lot of work and I would rather spend my time doing something else. 

    Reply
  95. I had not heard about CashFX yet, although I have come across other similar sounding schemes. Trading on the stockmarket can be risky and foreign currencies can be very volatile. One can lose a lot of money very quickly, so that is not something that I would be doing. 

    A return on investment is never guaranteed. There are just too many things here that point to a scam. Thank you for the review.

    Reply
  96. I found very little positiveness. Most reviews about Cash FX Group pointed toward it being a scam and if not a scam then definitely not recommended it to anyone but after reading this awesome article I think I would dive in and find out what is all about…I hope it ends well

    Reply
  97. I came across this offer With CashFX a few months ago to join, but I haven’t actually look into it. I’m glad you give us your honest thoughts on it and how it works. As for the program itself, I seen better. The fees you have to pay just to get your own money out is ridiculous. Based on the information given, it looks legit. 

    Reply
  98. Hi Tony,

    Thanks for the review. A lot of people are always skeptical about MLM & Forex these days so it is good that you are providing honest reviews to bring it to peoples attention. The big things that jumped out at me were the lack of social media numbers…not sure I’d be investing $100,000 in something that seems so small!

    Reply
  99. Hello there! this is an amazing review you have got here. For me, I can honestly say this company is legit and worth the while. A friend of mine get paid without any mistake each saturday. Moreover, they are also very open and transparant, I know the CEO Huascar Lopez, also Ron Pope of the conversion pros is involved.

    Reply
  100. Well, first or all, thank you for this post. It goes a long way on shedding some light on the many MLMs out here. Personally, MLMs and Forex have been out of bounds because of what it takes to make a profit. CashFX seems to promise training and a great return on investment but from where I sit, I think you will have to vigorously recruit others to make a profit. And forex trading has no assurances. However, I will definitely check it out.

    Reply
  101. Hi Tony, a great article you have on CashFX review. The fact about forex is that it is very risky. I have personally lost a huge amount of money in trying to get involved and I take all as school fees I have to pay.

    Those promises of high and regular percentage in profit are usually to entice subscription and it is not sustainable. People who want to get rich quick will always prefer such investment to stable investments that have a lower risk but look very slow. It all depends on how risk-averse a person is.

    Your article will help provide the basic information that can help prospective investors make an informed decision.

    Cheers

    Reply
  102. Cash Fix may or may not be a good opportunity, but with the sit-up it has will not investigate any farther.  MLM’s just don’t fit what I am wanting right now.  However, that is not written in stone, maybe at a later date, it may be just what I AM looking for.

    I appreciate your review on this product and saving me some time.  There is room in this world for all sorts of businesses and business plans.  
     

    Reply
  103. Thank you for your review on CashFX and for sharing your incredible knowledge with us. I always feel very uneasy with lots of online businesses and especially Forex ones as there are a lot of them. However, it is good for people to do there research especially before parting with any money. This is definitely not for me but your article does share all aspects in fact about this business. I am sure other will look into further but I certainly will not be.

    Thanks so much

    Reply
  104. How is this such a popular website and no one has reported what they’re really doing???

    Scamming the world and making victims.

    I found out the jig only after losing 100.000€ trying to buy bitcoins on their platform… I made payment and they claimed to not have received it, however my bank confirmed that the transaction was completed!!

    This is not good at all and we need to get justice! I made reports to all the agencies, authorities and regulators I could think of I got the same response from all of them, “We will take your report into consideration, when we get more information, we will be able to investigate.”

    What happened to investigating outright… I was not having it and I needed to get my money back so I went looking for private firms and found a company that was able to help me out and successfully get my money back….

    Reply
    • Wow!

      This doesn’t sound very good at all & I am also surprised that they are still able to scam people online

      Let us know how it turns out for you so that we can inform our audience to what is being done as well.

      Thank you for your time and communication,

      Tony

      Reply
  105. This is a wonderful review. There are many forex trading group that are definitely not it (I mean scam). In my opinion the cash FX is not a scam and definitely has a good compensation plan. There have also been many testimonies over time that proves the cash Fx to be genuine. I’m looking forward to becoming a member.

    Thanks for sharing.

    Reply
  106. Helooo dear, thanks for sharing these valuable content with us, I was actually doing some research online when I saw your post online, I was actually referred to cashfx by my cousin but I wasn’t sure if it was legit or not , but after going through your article I believe my doubt has been cleared, thanks for the info

    Reply
  107. I must say I big thanks for your precious time you had to put in making a research on the cashFx and aslo sharing your candid findings with us here…. considering the rapid increase in internet scam these day’s, it’s very necessary to carry out a thorough investigation on website, products and others online business to be sure of their legitimacy before investig or joining them..
    Thanks for the intriguing post

    Reply
  108. I use to consider forex trading as a game of chance, you can hit money at any time but how to widraw the money based on the withdrawal percentage is a story for another day also froex trading can teck you down to zero level too.
    For cash fx group under review, since they are more interested in referrers rather than companzation to it members it makes the process look suspicious, so I think its likely to be a scam.

    Reply
  109. In this day and age, we have to be extra cautious about how and where we decide to invest our money. Some people don’t have enough information about a company and wont do the necessary research to find out. Without research, you can potentially miss out on a big opportunity or you might lose your investment. A little time and effort can help you save or make money. This company needs to prove itself for a longer time period before people start to willingly invest their hard earned money , but will keep an eye out also.

    Reply
  110. Cashfx is so clearly a SCAM, you’d have to be clinically stupid to invest in them. As for the ‘highly reputable’ and regulated broker they recommend just check them out on trust pilot and forexpeacearmy

    Reply
    • Funny so far I have pulled out twice what I have put in and am still growing. Just move the money to another tier as it matures and smash out often and you make alot. I was skeptical at first but it hasn’t let me down once

      Reply
      • Awesome James,

        thank you for sharing your great testimonial that CashFX Group has indeed paid you my Friend.

        You are welcome back anytime James,

        Tony

        Reply
  111. One of good reviewers. Bravo man. I was following CashFX since December 2020 and I paid just at the end of March, that is when my forex robot with MY MONEY on MY BROKER account that I CAN WITHDRAW anytime (they say) LOST all of it in the USD fall after March 09 2020. So seems like those models where you KNOW that your profit is from the actual trading can also make you lose your money. So I decided to give CFX a go. So far, 4 weeks, some friends joined too, everything worked well profit comes, trades that they show on WEBTV live are actual real trades cause people tested it, copied those trades on their MT4 and made profits. Their broker everfx.com is also testifying magical trading from CFX team and they are working together long before CFX was born. We can say, CFX money making machine was tested long before it came to this. EverFX broker is multiregulated and are Main Global Sponsor of the Sevilla FC. Can not be small company to be that kind of sponsor. And would they risk their licenses and business to promote and testify CFX trading? Nope.
    In fact, soon, hopefully May 2020 everFX will announce copy trading API so we can also have our own account with our money making copy trading from CFX traders and there will be definitive proof of trades.

    Reply
    • Hi Abilbek, i like your feedback of Cashfx, Is it possible if i can connect with you please. Thank you

      Reply
  112. This has been the most amazing opportunity! Everything the company said they were gonna do, they’ve delivered on. We get consistent earnings week after week. Live trades show exactly what’s going on also.

    Reply

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