In the recent past, Cash FX Group has been getting lots of attention due to their high-income claims, and you might be interested in the opportunity. In this review, we’re going to see if their promise is a real one or just another fraudulent scheme. This review will assist you in ascertaining whether the business opportunity is legit or a scam. We will discuss all the facts on the company website and also compare the available information with the set regulations and laws from institutions such as FTC and SEC to determine whether this business opportunity is worthwhile. I have heard through the internet grapevine that members are now not being paid, is this true, are you one of the unfortunate ones who invested and is now not receiving the returns promised?
#CashFX #CashForexGroup #CashFXGroup #Forex #ForexTrading ~ Click here for my #1 Recommendation!
There are numerous opportunities on the internet that promise you incredibly easy ways of earning yourself a passive income online. Getting the right income opportunity can be a daunting task, given the number of available options. To find a legitimate business opportunity, one should take ample time to research to avoid the scams and rip-offs that are found all over the internet.
What is Cash FX Group?
Cash FX Group refers to a multi-level marketing company that offers you an opportunity to earn some money with a promised return on investments and referral commissions which you can earn money from. The online company offers an investment opportunity through levels of financial trading education that reflect the costs per level that an individual joins at. According to the name of the company, one would consider the firm to be in the Crypto and Forex trading niche.
When you take a look at the website of the company, there is no information about who runs or owns it. When it comes to the domain name, it was registered privately as “cashfxgroup.com” on 3-4-2019. The official name of the online company is known as Cash Forex Group, according to the website.
What Are The Cash FX Group Products?
Cash Forex Group has gained lots of attention lately due to their income claims, but they do not have any retail products or services that are available. The purpose of the company is that they trade your invested money through external sources and later give you a certain percentage of the attained profit. When searching around the website, you’ll be given education on how to trade and better your finances. Since there are no retail products offered by the company, the only thing that one can do to earn from the business opportunity is to join by simply investing.
How Does The Cash FX Group Compensation Plan Work?
There are two main ways that you can make some money with the Cash Forex Group business opportunity, and they are:
• Referral Commissions
• ROI Commissions
There are various levels that you can start as an affiliate to earn from the referral commissions and ROI commissions. The ROI guarantee that you can earn money from your investment is 400% or 200%, which is capped at 15% every week. The following is a breakdown of the levels of investment that you can begin at and what you will get from the program.
• The 300 Level – To get started at this level, you will need an investment of $300. You will receive 150 PV from the Leadership Program of the company.
• The 500 Level – To get started at this level, you will need an investment of $500. You will receive 350 PV for your Trade Pool Deposit and 250 PV for the Leadership Program.
• The 1K Level – To get started at this level, you will need an investment of $1000. You will get 700 PV towards your Trade Pool Deposit and 500 PV for the Leadership Program.
• The 2K Level – To get started at this level, you will need an investment of $2000. You will get 1,400 PV towards your Trade Pool Deposit and 1,000 PV for the Leadership Program.
• The 5K Level – To get started at this level, you will need an investment of $500. You will get 3,500 PV towards Trade Pool Deposit and 2,500 PV for the Leadership Program.
• The 10K Level – To get started at this level, you will need an investment of $10,000. You will get 7,000 PV towards Trade Pool Deposit and 5,000 PV for the Leadership Program.
• The 20K Level – To get started at this level, you will need an investment of $20,000. You will get 14,000 PV towards Trade Pool Deposit and 10,000 PV for the Leadership Program.
• The 30K Level – To get started at this level, you will need an investment of $30,000. You will get 21,000 PV towards Trade Pool Deposit and 15,000 PV for the Leadership Program.
• The 50K Level – To get started at this level, you will need an investment of $50,000. You will get 35,000 PV towards Trade Pool Deposit and 25,000 PV for the Leadership Program.
• The 100K Level – To get started at this level, you will need an investment of $100,000. You will get 70,000 PV towards Trade Pool Deposit and 50,000 PV for the Leadership Program.
The main difference between the 400% and 200% cap, as mentioned earlier, usually applies to the multi-level marketing side of the company’s compensation plan as well as to the income profits offered by the company.
• The ROI Cap: 200% weekly
• The MLM Cap: 400% weekly
Furthermore, the maturity date offered by the company is 400% for all the MLM commissions you earn and 200% for the passive income returns. The Cash Forex Group website teaches you to reinvest your money once it matures to help you earn more money. However, one of the things you should take note of is your withdraw fee. The online company will take a total of 20% from all your commission withdrawals, and 50% of the 20% will go towards the referral commissions earned from the multi-level marketing compensation plan.
Qualifications and Ranks
Generally, there are seven ranks that one can qualify for in the income opportunity offered by the Cash FX Group. The higher the ranking that you qualify for, the more money you will make with the online company. Before we different ranks and their respective qualifications, there are some terms that we need to understand. These terms are GV and PV, and here are their meanings.
• PV – This term denotes Personal Volume, which refers to the volume of your investment.
• GV – This term stands for Group Volume, which refers to the investment PV or the volume from your downline.
The following is a complete breakdown of what every rank entails and the qualifications you require to attain them:
• Affiliate Ranking – For you to qualify for this level, you will have to buy at least one of the investment packages offered by the company.
• Executive Ranking – For you to qualify for this level, you will have to join the opportunity at the 1K investment level with 500 PV or a higher level, recruit as well as maintain three investing affiliate members with a downline of a minimum of 7000 GV.
• Manager Ranking – For you to qualify for this level, you will have to join the business opportunity at the 1K investment level with 500 PV or a higher level, recruit as well as maintain two Executive Ranking or higher with a downline of 25,000 GV on the minimum.
• Director Ranking – For you to qualify for this level, you will have to join the opportunity at the 1K investment level with 500 PV or a higher level, recruit also maintain two Manager Ranking or higher with a downline of 100,000 GV on the minimum.
• President Club Rank – For you to qualify for this level, you will have to join the business opportunity at the 1K investment level with 500 PV or a higher level, recruit as well as maintain three Director Ranking or higher with a downline of 500,000 GV at least.
• Ambassador Ranking – For you to qualify for this level, you will have to join the opportunity at the 1K investment level with 500 PV or a higher level, recruit as well as maintain three President Club Ranking or higher with a downline of 2,000,000 GV at least.
• Global Ambassador Ranking – For you to qualify for this level, you will have to join the business opportunity at the 1K investment level with 500 PV or a higher level, recruit as well as maintain two Ambassador Ranking or a higher level with a downline of 5,000,000 GV at least.
Referral Commissions
Cash Forex Group also pays 50% of the amount invested by all the members enrolled under you. However, the company takes 50% of the PV that your recruited members join and pays you according to that volume. For instance, if you recruit a member and they join at the 500 investment Level, the member will get a 250 PV, and you’ll earn a total of $125 from the same.
Residual Commissions (Uni-level)
Cash Forex Group also offers two sets of some residual commissions which you can earn whenever an affiliate member investments with the company. The online company utilizes the uni-level compensation package for the first to pay out these commissions. The following is a breakdown of how the company’s uni-level compensation plan normally works:
• 1st Level – This level is the first one on your uni-level compensation package and will only consist of your individually recruited affiliate members.
• 2nd Level – This level is the second one on your uni-level compensation package and will only consist of the team members recruited by your level 1 affiliate members.
• 3rd Level – This level is the third one on your uni-level compensation package and will only consist of the team members recruited by your level 2 affiliate members.
• 4th Level – This level is the fourth one on your uni-level compensation package and will only consist of the team members recruited by your level 3 affiliate members.
• And so on.
When it comes to the uni-level compensation plan, the Cash FX Group offers an unlimited number of levels that you can earn from. The ranking that you qualify for in the online company will determine the levels and the amount that you can earn on. The following is a detailed breakdown of what it looks like:
• Affiliate Ranking – If you are qualified for this level, you can receive10% on all levels starting from1 to 4.
• Executive Ranking– If you are qualified for this level, you can get 10% on levels 1 to 4 as well as 20% on 5 and 6.
• Manager Ranking – If you have qualified for this level, you can get 10% on level 1 to level 4, 20% on levels 5 and 6, as well as 5% on 7 and 8.
• Director Ranking – If you have qualified for this level you can get 10% on level 1 to level 4, 20% on level 5 and 6, 5% on 7 and 8 as well as 5% on the 9th level.
• President Club Ranking– If you have qualified for this level, you can get 10% on level 1 to level 4, 20% on 5 and 6, 5% on 7 and 8, 5% on 9 and 10, as well as 1% from the 11th level down.
• Ambassador Ranking– If you have qualified for this level, you can get 10% on level 1 to level 4, 20% on 5 and 6, 5% on 7 and 8, 5% on 9 and 10 as well as 1.5% from the 11th level 11 down.
• Global Ambassador Ranking – If you have qualified for this level, you can get 10% on level 1 to level 4, 20% on 5 and 6, 5% on 7 and 8, 5% on the 9th level as well as 1% on the 10th level.
Residual Commissions (Matrix)
Cash Forex Group also offers second residual commissions that are paid out utilizing the matrix compensation plan. The matrix structure refers to a set of levels and rows that you can easily earn from. The online company provides you with a 3X10 matrix from which you can earn more residual commissions. You can fill any of the available positions through indirect or direct sales from your team members or your sales.
When it comes to the withdrawal fees, the online company will take 20% of all the 50% commissions which you earn from personally recruited members. That’s what they utilize to pay all these commissions. You can earn matrix commissions from Cash Forex Group, depending on how much you’ve invested in the company. Here is how the matrix commissions work:
• If you join the 500 or 300 investment level, you will receive 3% on level 1 to 3.
• If you join through the 1K level investment, you will earn 3% on level 1 to 3 as well as 5% on the 4th level.
• If you join through the 2K level investment, you will earn 3% on level 1 to level 3, 5% on the 4th level, and 6% on the 5th level.
• If you join through the 5K level investment, you will earn 3% on level 1 to level 3, 5% on the 4th level, 6% on the 5th level, and 10% on the 6th level.
• If you join through the 10K level investment, you will earn 3% on level 1 to level 3, 5% on the 4th level, 6% on the 5th level, 10% on the 6th level, and 30% on the 7th level.
• If you join through the 20K level investment, you will earn 3% on level 1 to level 3, 5% on the 4th level, 6% on the 5th level, 10% on the 6th level, 30% on the 7th level and 20% on the 8th level.
• If you join through the 30K level investment, you will earn 3% on level 1 to level 3, 5% on the 4th level, 6% on the 5th level, 10% on the 6th level, 30% on the 7th level, 20% on the 8th level, and 10% on 9th and 10th levels.
The online company will also pay an extra 10% matching bonuses on your recruited residual earnings.
The Leadership Bonuses
Executive and higher affiliate ranks in Cash FX Group purportedly correspond with some associated Leadership Bonuses. Cash Forex Group mentions that this bonus is currently available but does not disclose what the commission will be for the bonus. However, we know that when an individually recruited affiliate member qualifies at this level, the recruiting affiliate earns 50% of the Leadership Bonus.
Is Cash FX Group just a Pyramid Scheme disguised as an Investment Opportunity?
Cash Forex Group claims to generate an external return on investment revenue through some assisted trading systems along with algorithms. However, the online does not provide any evidence of trading, nor does it disclose any information on their alleged trading activities on their official website. Moreover, while clearly providing a passive income opportunity, the Cash Forex Group gives no evidence of having registered the company with financial regulators.
The online company claims to be controlled and regulated by the Financial Conduct Authority of London (FAC), Financial Services Authority in Dubai (DFSA), Financial Sector Conduct Authority of South Africa (FSCA), and the Financial Services Authority of Seychelles (FSA). Without legally financial regulatory registration, the Cash Forex Group investors do not have a way of verifying that the company is utilizing external revenue to payout returns.
Outside of the passive investment opportunity offered by Cash FX Group, the online company operates like pyramid schemes. Generally, the company does not have retail customers, which means that 100% of the commissions are entirely tied to recruiting affiliates. Furthermore, it’s in the multi-level marketing side of the business opportunity that you can confirm that Cash Forex Group is indeed operating like Ponzi schemes. If you sign up as an investor with the sole aim of making 400% in returns, you do that by recruiting new affiliates and encourage them to do the same.
If recycling the invested funds is what’s happening on the company’s MLM side, then the same is happening on the business side of trading as well. Secondary to pyramid investment fraud is usually “pay to play.” The compensation plan of Cash FX Group demonstrates a pay to play technique by restricting the matrix levels depending on the amount an affiliate invests in the company.
In multi-level marketing commissions, qualifications should be tied to the volume of the sales, not the amount spent or invested by affiliates. Just like all other MLM Ponzi schemes, when affiliate recruitment dies down, new investments will die down as well. That will starve Cash Forex Group of return on investment revenue, prompting a collapse in the long run. The simple math behind all Ponzi schemes indicates that when they eventually collapse, most of the participants normally lose their money.
Conclusion: Is Cash FX Group recommended?
Having taken the time to review the information about Cash FX Group, their products, and their compensation plan, you should now have a clear picture of what it is, what they offer, how the company works, and how you can earn with Cash Forex Group. However, I wouldn’t recommend joining Cash FX Group because of the serious issues we have seen about it. It is in my humble opinion that it will not be long until the Federal Trade Commission shuts down CashFX Group as an illegal pyramid Ponzi scheme.
My recommendation and advice are to avoid investing your money in anything that seems suspicious. There are many red flags on the Cash Forex Group website. Even if you want to ignore them, you can’t miss them. I advise you to invest only in websites and online opportunities that have a sound record of achievement and whose information and claims are easily verifiable.
#CashFX #CashForexGroup #CashFXGroup #Forex #ForexTrading ~ Click here for my #1 Recommendation!
I decided to leave a review about Cashfx, because this might be helpful. I invested about $67,000 into this platform with the aim of diversifying my trading portfolio. However, with my strict habits of growing my account 100% before taking profits, I never attempted any withdrawals, not until two months when I tried to withdraw but all effort was in vain. I called the account manager and explained the situation, he told me I would be able to withdraw after 4 working days which sounded shady to be very honest. 4 days went by, still no withdrawals. I did research about recovery tech and came across Frecuperation. They are best in dealing with online scam and assisting victims in receiving reimbursement, tracking down digital fingerprints, cyber analysis and thorough investigation.
Please everyone should be careful and stop being deceived by all these brokers and account managers, they scammed me over $350,000 of my investment capital, they kept on requesting for extra funds before a withdrawal request can be accepted and processed, in the end, I lost all my money. All efforts to reach out to their customer support desk had declined, I found it very hard to move on. God so kind I followed a broadcast that teaches on how scammed victims can recover their fund, I contacted the email provided for consultation, I got feedback after some hours and I was asked to provide all legal details concerning my investment, I did exactly what they instructed me to do without delay, to my greatest surprise I was able to recover my money back including my profit which my capital generated.
Thank You Neil for sharing……….
Could you provide me with that contact as I have same experience w 49K of my retirement money frozen in my FX6 account and no response from customer support. Vincenzofound1@yahoo.com thx jim
Neil, contact Jim if it’s an indeed legit way to help him……
Thanks for such a thorough overview of CashFX and the benefits and drawbacks to their program. I really appreciated the honest review as it lead me to determine that it wasn’t the best fit for me at this time, while still seeing what they have to offer. I particularly appreciate that you have also posted a more recent updated review as things can evolve and change so quickly that more recent information is always beneficial!
This company seems to have put a lot of work into setting up an affiliate style program. But since they do not offer a lot of evidence as to what they do with forex trades, it is highly questionable as to whether they are just a pyramid scheme.
At some point in time, I don’t see Cash FX Group lasting.
The residual commissions look promising but still have a hard time coming to terms with investing that much to not be guaranteed return on investment. There are lots of ranks to try push through for high commissions return. Great review on CashFX I found it to be very useful. and will be sharing with my follwers
Forex and crypto is something I am looking to try and get into. It is quite complicated and daunting at first so I’m still a bit hesitant. Having said that this article is great for people as they don’t want to put their money in something that doesn’t give them more back.
It’s good to know that there are people like yourself who crack down on scam sites and alert everyone about it. Your content is nicely detailed and provides good insight. I like that you guard everyone with this knowledge.
Hope people are more careful when it comes to websites like that.
There has often been negative press when it comes to trading online with multi level marketing and with so many companies out there, it’s great to have an insight into how they actually work. It can be very easy to get roped into such companies and we never really know if they are legit. I do believe that there is always a risk when it comes to investing money but as long as people are aware of the risks, starting small is often the best option.
This is a very good research finding.
The commissions or earnings being on affiliate recruitment imply that the ROI will decrease with time as the recruitment declines. It will not be a surprise then if the scheme folds up.
The 15% weekly commission translates to 60% in a month which is not sustainable especially as they do not have any retail outlet.
WELL, I think your review is very detailed and complete to anyone interested in financial investment opportunities, This is a very interesting read! I believe you also had another article looking at the Cash Fx potentially being a real business and not a scam. A lot of companies have some similar signs that can point someone into believing that it is a scam to the well-trained eye, but I never thought that there could be businesses out there that lie directly on the fence. It’s good to keep people informed. Great review and nice article good job!
Hello. I’m not at all familiar with the website you’ve reviewed. I’m not at veteran level as of right now. It is good to know that there are people like yourself cracking down on scam sites and alerting everyone about it. I admire, appreciate and respect honesty. Since I know now, I won’t be involving myself with that so-called “program”.
How many scam sites have you discovered so far? Does it vary in difficulty when determining if a website is legit or not while doing research on one? What approaches do you take when tracking down scam sites? How often do you come across scam sites? How often do you do reviews on fake vs legit affiliate programs?
Your review is rich in detail. With your knowledge and experience on this, it guards as well as arms everyone within your reaching power. Your content is nicely detailed and gives plenty of insight. You guarding everyone with this knowledge is something I 100% support. This has been my take on your review. I’m rooting for you on your continued success.
Best wishes,
Tyre
Thanks for a really thorough review. People have to be so careful signing up for these things and parting with hard-earned cash. It is so hard to know whether something is legit because everything always sounds so good, so the fact that you have provided such a good comprehensive review is appreciated.
Thank you so much Tony lee Hamilton for this amazing review, it’s always nice coming across your sites, it is always a blessing and helps us not fall prey to. Scammers. I. Solely agree on your. Opinion on. Cashfx and I. Think anybody going to. This route should thread carefully
Looking at the revenue models of various online businesses advertised on the Internet recently, it seems very difficult to judge. FX in this article seems to have a multi-level format with the common denominator of various online businesses. Not all multi-level business types are wrong, but I think most multi-level business types are risky. I hope that it will be an opportunity for many people to see the warnings about risky investments and make the right investments. It is difficult to understand the setting of using people to receive more money than I paid for each stage, but I also think that it is the scary magic of money behind the multi-stage background.
Please contribute to finding a meaningful business model among the countless online business advertisements. A warning article like this makes a lot of sense.
Before I started to read your site, I believed I know some things about scams and frauds. I am now aware that I don’t know a thing! There are so many information that are valuable, and it’s not only about the money, but knowledge, skills, approach to sites and companies that could easily trick people who are not into this at all. Since I started to build my site, I know I will have to be more informed about scams online.
Thank you for this review, i have been scammed twice by people claiming to invest for you money and you get huge returns in just days. SO anything with an -fx- is a total off for me. These are scams. they will want you to give out money and disappear on you or start talking badly to you. so run away immediately.
It’s interesting that you point out that there’s no identifying information on the website. Why is that? I would think that a legitimate business would want people to be able to contact them. What if I had questions not answered on the website? Also, that missing information makes me thing, “What do they have to hide?” Personally, I still believe in integrity in business practices. And, this includes online business, as well. Thanks for shedding some light on this.
I read your article twice. I agree that the ROI of 200 and 400% on a weekly basis will make me skeptical in joining the community. In fact, every time when there is a registration fee, it will take me time before finally joining in because it will sound to me that it may be a scam. I have experienced a lot of MLM and scam investment in the past and the same procedure I see the way you enumerated the processes being done in this investment platform. So, yeah I agree that one has to think several times before investing hard earned money into this company.
Hello Tony!
This is a very interesting read! I believe you also had another article looking at the Cash Fx potentially being a real business and not a scam. A lot of companies have some similar signs that can point someone into believing that it is a scam to the well-trained eye, but I never thought that there could be businesses out there that lie directly on the fence. It’s good to keep people informed. Thank you and all the best!
-Sam
I am in cash fx and honestly, I thought it was a scam and invest at the smallest level. Boy was i WRONG – it is exploding now and it’s been 2 years running strong. I am so excited for others to join in and get some passive income going. Also, any word on opening up stateside yet? I need to plug in and get some answers on that 🙂
Hi Mr. Hamilton:
I think your review is very detailed and complete to anyone interested in financial investment opportunities, however, I consider it a bit confusing to many categories and levels, not so trustful product I believe.I understand clearly its a review and as such you are offering your opinion and research about it.
Thank you for giving an unbiased review of Cash FX Group. Though it may not be a scam, the MLM is not a legit in some countries. Moreover I belief that MLM is not a great way of marketing especially when there are no products involved as in Cash FX Group. And to add to the fact that there are instances of the members not receiving their commissions, does not make this so attractive option. Especially after you put in your hard work, it will not be worth the try.
This is the first thorough review I have ever read about CashFXGroup. The most interesting facts about the ranking and the compensation plan are the most confusing ever. In earning money, one has to understand the meaning of GV, PV and match to various rankings. The return based on commission and return on investments (ROIs) also complicates the whole money-making idea. Whether legit or not, scam or not, the red flag for me is the value for money as well as the absence of the owners on their website. While reading your review, I found myself actually searching more to understand the type of business. At face value, the name suggested to me a forex or crypto company but was amazed that there is so much secrecy as well as complaints against this company. I am now convinced not to even think of such an investment.
Thank you for pointing out all the red flags and really getting down into the dirt to give the best possible advice. Because of this article, I will be avoiding Cash FX Group. The huge investments required to join are enough to make most people, including me, want to run for the hills.
Great work again, Tony. All your articles have been nicely laid out, well thought out, informative, related, relatable and inviting. Your use of links and you tube videos is great, and it helps break up your pages nicely. Nothing too repetitive or boring. Lots of great information and your readers have plenty to learn from you.
I am sure I already commented on your site, not sure why they’re making me comment again. But, I will. I think you did a great job with this site. Before, I wasn’t able to identify if you were saying this website was a scan or wasn’t a scam. But your upgraded website, definitely helped clarify it was a scam. I think you did great. Lots of information, and that’s what we look forward to reading and learning,
Hi Tony! Thanks for an in-depth article on the Cash FX Group. I find your article interesting but to be honest it all sounds too complicated to me.
As someone who has always hesitated to invest in something that I don’t feel 100% comfortable with, this would not be an opportunity that filled me with confidence. After reading your article I want to run a million miles in the opposite direction! Not an income making opportunity for the faint hearted!.
Thank you so much for this article! I believe that investing in yourself is the ultimate success! it is true that there might be few legitimate schemes that may guarantee you the success that you always have dreamt of, but it is rarely the case! I unfortunately have been a victim of these fraudulent schemes a few times and now I have decided to learn the appropriate and essential skills that will help me in the future by enrolling to courses and learn from there! In most cases it is not about the money but rather the knowledge and skills acquired.
Hey Tony Lee Hamilton. Thanks so much for this, I strongly agree with you on this. It is not advisable for anyone to register for cashfx group. There are so many red flags. I am definitely going to check out your no 1 recommendation now, It looks really nice, Thanks once again
This is not the first time I have come across an article about the cash FX group. This means that majority of people think it is dodgy. I was not aware of what this group is about until today. You have provided me with the necessary information I need. Thank you so much.
Is Cash FX Group a Scam? Are You Not Getting Paid? – Thats Sounds Is really Grate I just Love That Voice Really Great Content. we are all inspired to your Content. thank you so mutch for that. That’s Really Best Review Of Ever Seen, Really Help Million Of People.This article is very important for ordinary people We Love Your Review.Thank you so much for showing that thanks tonyleehamilton
We Love Your Recomandetion –
(My recommendation and advice are to avoid investing your money in anything that seems suspicious. There are many red flags on the Cash Forex Group website. Even if you want to ignore them, you can’t miss them. I advise you to invest only in websites and online opportunities that have a sound record of achievement and whose information and claims are easily verifiable.)
This is a very informative post on cash FX and has certainly helped clear up some misconceptions I may have had before reading this review. Earning your money through referral commissions and ROI commissions seems entry-level in this day and age for this sort of multi-level organization. They have done well in disguising certain techniques and have not convinced me that they arent just another pyramid scheme, in my opinion at least.
Platform described to the smallest details. Based on what I read here I wouldn’t dare to “mess” with Cash FX. A bunch of comments also helped me to realize that I better choose something that doesn’t have MLM in their description. This and similar reviews are useful to draw our attention on things that could be potentially scams.
Thank you for detailed insight
Here is what one of its British promoters says: ‘CashFX has always paid a daily return of between 2 per cent and 3 per cent, which is capped at 15 per cent passive income each week; this is from trading which is done on your behalf – you can literally set it up and forget it.
most of my friends using the platform said it’s a scam and I have been seeing many post online saying the same.
The trading business is very risky, even much more risker for anyone putting their money in the wrong hands. Good review about this website. There are too many warning signs to watch out for, that every new investor should reconsider. I agree 100% it’s best to do some research before joining any trading program.
The methods the CashFX are not sustainable. Thank you for such a detailed account of the machinations of CashFX.
There are many more people doing a pyramid ponzi scheme and hoping to take so many people under their wing, this is a big problem and your explanation will probably help many people!
What do you think could be an efficient way for the authorities to stop or quickly detect and prevent such schemes?
I so agree with you. A few years back I got enticed into investing my hard earn money in an investment with a similar scheme as this. They offer way larger ROI than placing my money in the bank. At first I was able to get the so called profit but eventually it stopped and the company just disappeared. I learned my lesson though to always make a research. If something offers way over the top return, we should always start to question it’s validity rather than jump right to it.
The persistent evil ever on the internet is the pertuation of fraudalent sites. Most people are here trying genuinely to earn an income only to be defrauded of what Capital they are able to bring on board.
I am super excited your site is tackling this problem the content is rich and well laid for maximum impact.
weldone
Thanks for breaking it down again! Clearly a giant pyramid scheme! It is unethical for a company to rely solely on the continuing inflow of new paying members, never to get their end fulfilled. Excellent coverage! i hope to read more about online residual income on your site and realistic means of achieving it!
It looks like cash FX is a scam. They make their business too complicated to understand and expect you’ll buy-in with your “gold fever.” Multi-level marketing is always a scam, and people should run away from it.
Every MLM I joined when I was young was a learning experience. All they want is your money and will tell you anything to get it.
Gary had a good video on this. His analysis was very insightful and believable. I think it is a ponzi scheme. Unfortunately I also believe a lot of lives will be ruined by it. So many people are unsuited for the challenges of the internet world.
Thank you for the expert review. We need people out there like you who will review programs like this. I hope your review saves someone from investing their life savings.
This is definitely a company to watch carefully. There is too much information that is unknown, and it looks like the only way to make money is through bringing in new associates. (Buy in and have all your friends/family buy in too!) My question is how are they able to promise returns when it seems the algorithms are not accurate and that money can only be made by people paying into the system… At this point I wouldn’t trust the company based on your review. Thanks so much for all the information provided.
I have heard a lot about Forex Trading and think you can really make money by investing in the forex trading market. I have looked into it myself and want to find out more so I can also do some trading myself. One of the reasons why I consider forex is because it is a simpler form of trading compared to other investment strategies. I will go ahead with my plan in the near future.
I like your website I have learned a lot there is some good and helpful information available and I like the videos as well.
Hello there, congrats on the work you’ve put into your website so far! These are my observations:
your website also does not have a privacy policy page, some people may turn away as they would want to what kind of information safety they have while on your site. some people don’t mind but why turn away those that do?
on your page/post on “become healthier (click here)” the menus don’t appear just in case someone needs to visit any other article on your site. If possible have the menu appear on all your pages/posts.
you could also add a few more images on your landing page just to make the display more readable.
After reading this post I wouldn’t join Cash FX, clearly, there’s something not quite right about the structure with earnings. While I’ve read a few comments on another site applauding Cash FX, those were mixed with many bad reviews as well.
From reading this post and looking into more research about their site, I think the system may well be a pyramid. There’s regulatory looking into Cash FX from what I’ve been reading as of late, which sends the red flags up for me. Some people may make money if they were an early bird, but when the people stop coming so does the money as you’ve said.
They make it sound too good to be true, which always makes me question anything 10 times more.
Thanks for the heads up, I will not be joining Cash FX mostly because of this review of their system.
This is a great topic and example of what to look out for. The website does a good job of explaining how the Cash FX Group is a scam and how to detect it. This is very helpful information to someone like me who is just learning. Is there a site/Blog that list more of these types of scams that are out there to keep people informed?
Hello Tony, thank you for letting us know about Cash FX Group. If there has such high income claims, or anything suspicious on make money online programs, I will be careful on it. I understand that I can’t miss them in free market, but I can avoid them instead of.
Interesting read on Cash FX. I have often wondered about how their business works, but have not been curious enough to track it all down. Thanks for the detailed insight into what appears to be a ponzi scheme.
I , myself, got tricked into something similar in my earlier years. Of course, I realized fairly early on how insane it sounded and never propositioned my friends and family, thankfully! When they finally shut it down, I was only out my invested money and not the people closest to me.
Thanks again for looking out!
Thank you for sharing your opinion about the Cash FX group. I have read many other blogs about this group and most of them feel like bots promoting the group, but you are preaching the truth about this scamy website. I have a question. How did you find this group and what other experiences do you have to share? Like it says in the bible “Seek the LORD and his strength; seek his presence continually!” – 1 Chronicles 16:11
Hi Tony,
Thanks for this in-depth yet very clear review of Cash FX Group. It’s sad that so many of these scams are allowed to continue enticing innocent people to part with cash in the hope of making a decent return.
The logic and method you apply to investigating these schemes is a good lesson to us all and the message I certainly take from it is research, research, research before getting involved in anything that offers a passive income with little or no work.
And thank you for doing this research for us!
Keep up the great work my friend!
This review of Cash FX Group is very detailed and provides a great deal of information. While I only have a small amount of investment knowledge, it seems as if I receive training in the trading arena which is cool. The explanations provided were clear and concise; however, the CashFXGroup business model had me a little confused. Although there appears to be a lot of moving parts, it would be interesting to take a second look at.
As soon as I saw MLM I was suspicious. Having personally been burned by many such companies, I prefer to just leave them alone. Your review made it clear to me that my convictions were correct.
Anything that makes big promises is suspect in my mind. Lately, I have been suspicious of anything that has “cash” in its name! Thank you, Tony!
Hello. In fact, I would like to thank you for such an informative and complete presentation of this method of investing your own. After such reviews, there is a desire to really consider this program. Yes, of course, the question of whether it is scammers, or whether it is worth it, has always been with people, but with the help of your review, the percentage of mistrust should drop sharply! But this has always been so, no one is immune from this. Although, on the other hand, the very concept of this program is intriguing as well as its reward and referral systems. So it is obvious that I will consider it for possible further cooperation, which I advise others.
This Article taught me one basic fact…to run from this website! What a Ponzi Scheme. Your investment becomes someone else’s payout. With all the entry levels and rankings and residual levels, it’s very confusing. Maybe it’s meant to be that way. Then only they know what’s going on. Even the worst stock broker knows the money you invest is still YOUR money. Anything with an upline or downline, or an initial investment is to be avoided. Heck, I’d have more faith in a chain letter. Thanks for the heads up. I won’t waste my time.
Damn man, you could be one fine detective with investigation skills like these. I owe you for this one would have probably lost some money if it weren’t for this article. Great text, kept my attention till the end i didn’t even notice there was this much. Keep up the good work these posts are a life saver!
Hi there, Tony.
I have recently been receiving emails in my inbox relating to CashFx. I am not sure how I subscribed to their email newsletter.
I personally think it is a pyramid scheme. I did some background checks myself as well. Rightly, it has no information about the owner, which is a very risky business or investment activity. Not to mention their profit forecast, which appears to be too good to be true.
I have a strong feeling that the company is a scam and your assessment of their operations demonstrates how untrustworthy they are.
Thank you for the Comprehensive information about Cash Forex Group, some of us could have lost our money through this but thanks to you, you have provided me with the information in good time. I remember last time I came across Cash Forex Group ,I failed to join because I had insufficient funds but with this ,I think I’m going to be alert.
A few of the videos are now unavailable to watch and may need to be updated. I do agree with you that it seems like somewhat of a scam and I’m not sure that I would trust it. There are a lot of red flags and things that do not seem legit. It seems like you have to spend a lot of money to go anywhere with the program. There also doesn’t seem to be a lot of helpful support provided for members. Thanks for your informative article!
I have many commercials from Cash FX group, now I understand what it does.
Detailed article – many details to examine.
I don’t think I can do this because I don’t have any experience in MLM.
When I clicked on the reviews, I noticed that most of them are resuming their networks.
How long does it take to do that? It bothers me to recruit as long as the top line is strong and there is support.
Thanks – and 2 of the videos were blocked from playing, I don’t know why.
I don’t have much experience but I think we have to be careful with such sites.
Hey appreciate the comprehensive article – lots of details to review. I think I can do this because I have some experience with MLM. So when I clicked through to the reviews I noticed most are still getting their networks together. How long have you been doing this one? I don’t mind recruiting as long as the upline is strong and there is support. Thanks again – oh and one of the videos was blocked from playing – just a heads up!
Hi Tony , thanks for the Article of this Cash Forex group of scammers, I would stay away from this online business website. You are a true investigator on revealing these groups of scammers and helping us not too invest our money on Cash forex group. I have other help for you online business seekers that need help on legitimate websites by contacting a website Detective name les Abbbott that would investigate fraud online businesses.
Thank you very much for this detailed report where we can get a pretty good idea of what we have at hand. As an investor and user in different sites, I must admit from my experience that the sites that in the past had a general operating structure similar to what is exposed in the article, have ended up disappearing because they were fraudulent, with the economic loss that this it entails for those who entered the platform and did not get a return on their investment.
It is for this reason why it is advisable not to get excited and to have leaden feet, I think there is a general confusion among some users whose fundamental premise is that if the website pays, then it is legal. Nothing is further from the truth since all these places start paying to get a hook with which to catch as many dupes as possible in their nets before delivering the final blow and disappearing with the money.
Thank God, there is both fraud and sites where they warn us about it. So as I always suggest before anything, educate yourself before undertaking an online investment.
Thank you for this very thorough and informative review. Forex is certainly a confusing thing to get into and I think it is important to do your research first. Thankfully you’ve done the hard work on this post, I personally think I’ll avoid it as you said you feel there are too many red flags. I’ll be sure to check out your #1 recommended program!
I also love the fact that you gave the full rundown details of who they are as well as their “Business Plan”
A lot better than some Twitter like “I hate you” Post. You CLEARLY put a LOT of hours in! THe best part of it is still the explanation of the scheme of only paying affiliates through bringing in more. What a scam!
Cash forex site seemed to be promising with it ways but after reading you review I’m kind of relieved that i didn’t invest my money in it. Sites like this one can easily fool you. Your review just uncovered a major aspect from it. Thank you so much for warning about such fake sites
Too many forex website out there with income claims. I am looking at earning money through trading but I rather become independent and learn the skill myself.
this website helps me tick off another on the list to look into
trading can be risky . And if not done with calculated risks can cause alot of loss.
thank u
This article shares at least a few warning signs to help people, especially those who aren’t familiar with the inner workings of financial trading, to see that this isn’t really a legitimate opportunity for them. It is a good thing that you are shining a bright spotlight on Cash FX here because it is too easy for people to fall for financial scams like this one.
I have never heard of CFX group. Thank you for explaining everything about it and for the very well written review. They don`t sound good and I hope they are dealt with.There are so many scam websites these days it gets hard to believe anything and often times i come across something real but don`t believe it because of all the scams i have seen. I agree with your review of CFX group being a scam. Thank you again for the very well written review.
Hello Tony, Your review seems to explain what is, and will be happening for CFX. They don’t disclose ownership, they offer no products or services to promote, they are registered privately, and the success depends on the funds of the new members. It’s like borrowing from Peter to pay Paul. Do you think the Attorney General will step in soon? I hope they do it soon!
I would say your advice to stay away from CFX is correct. There are already rumors of members not being paid. One can’t help but be sorry for them. Thanks for the honest review post.
Thank you for your recommendation! I think it is always important for the legitimate businesses ran by an ethical owner to get their fair share and that isn’t possible with these companies and their ponzi schemes and all this illegitimate business. Glad to have someone such as yourself who can take the time and study these sites and educate others because the worst possible solution is that you have saved others from not joining in something that would lose them money.
Hello, I’ve never used Cash FX before. I’ve also heard that Cash Fx does not pay its members as they should. Reading reviews on the internet is one of the finest ways to avoid scams like Cash Fx. I’d want to know who the boss of Cash Fx is before enrolling. After this, Why should I put my money in Cash Fx? Cash Fx should try to re-invent itself in order to serve a good purpose.
Let’s hope the Federal Trade Commission shuts down Cash Fx Group, as you suggested.
Thank you for encouraging us to put our money into legitimate websites.
This certainly does sound like a pyramid scheme to me. It is incredibly sketchy to not be able to find out any legitimate information on the company and who owns it and operates it. I have no respect for programs that ask you to pour in a large investment and then promise to give you the information you need to determine whether it is a wise investment. And with the reports of people not receiving their payments, I can only hope this operation will be shut down soon.
If this platform was legit it would be amazing. However, I don’t believe it is. This seems in line with the MMO scams that just want you to keep forking over your hard earned money. I understand that any investment carries some sort of risk, but no investment should push you to invest more money. Great content on the subject.
P.S. – I’m not sure if it’s my browser or not, but 3 of the videos won’t play. If they are broken links, replace or remove them.
hey just wanted to say ….. Nice Content !!
honestly i appreciate those you write articles like these only because i’ve been scammed so many times from frauds its sad but mainly it just aint right . ruins it for others because people start being ery about whats real and whats not..you know so its good to pick up on information like these well often thank you for that education about the cash fx group .
-To Your Success
Irrespective of everything I have come across here, I still would not be easily convinced by the legitimacy of this platform. I think there is enough risk and I am notw killing to actually put my money into things that would not give me a rest of mind. Hence, thanks for sharing this out here with us all. God bless
The fact CFX Group states that they can pay up to 15% monthly with a return of 200% -400% seems unlikely and makes them seem untrustworthy. IT’s and “investment” that screams Ponzi Scam with any type of return depends on recruiting new members. It’s clear that the only people who will benefit would be people who have knowledge of marketing, a big team and following. Thank you for your info. I’ll be looking for other investments.
Whoa!! Thanks for this detailed post! For sure we have to steer clear from this program. The red flags are indeed a danger and putting your cash in the wrong place will drag you down! I am so thankful that I read this post so that I don’t even give it a second thought. Thanks again!
Discussion about the topic:
I was recently scammed through Forex Trading over $3,000K. An account manager by the name Nancy Wallace contacted me through FB messenger and then transferred our conversation to WhatsApp. So, immediately I was suspicious. Going against my better judgement I went ahead and indulged her in the whatsapp conversation.
After spending $500 they said my account was in the top ten for trading and if I invested $1500 more dollars I would make $15,000K. So, I did it then my account manager continued trading for me and got me $36,875.
Then they come back with $700 more in taxes. And after paying that they keep saying after $100 increments payments all the way up to $700, and they keep saying their not receiving my last $100 payments into their bitcoin wallet address and that I should continue to repay it.
I mean what do these people take me for? An IDIOT?
Anyways, I think all Bitcoin Mining is a scam! My best piece of advice is steer clear of all bitcoin mining!
To Your Success,
Shaun S.
every trader will always desire to be paid and this is why a lot of review is done to confrim or not if they are legit and i really appreciate this review because it has help to clearify a lot of things especially in the area of payment and i am really impress for this information you gave out thanks.
Hi, Tony! Thanks for taking the time to provide this detailed information about the Cash Fx Group and its earning potential. It does seem sketchy to get involved with a company that requires an investment up front, rather than an opportunity to grow your own brand and content in order to see profits. Very good to know!
Hi Tony, this page is working better. Check out the videos if they regularly work and are already available. This is also a new chance to create your email list as well. Maybe you can use a pop-up to get it. There are a lot of plugins that can collects email for you to take a look at Monster or any Autoresponder that provides a WordPress plugin to implement.
Good day, Tony.
Cash Fx Group, a corporation with no information about the owner, is a very risky business or investment activity. Not to mention their profit forecast, which appears to be too good to be true. I have a strong feeling that the company is a con, and your assessment of their operations demonstrates how untrustworthy they are. Thank you for this deceptive enlightenment.
I’ve dabbled in FX before. I lasted about a few months and ended up losing about 600$ overall, which, compared to quite a few people I know in the game, is pretty good! That being said, it’s already a difficult game to get into, so having platforms like this that scam people boils my blood.
You’ve written a great article here. It’s informative and gives the reader everything they need to know to make an informed decision.
Keep it up!
The overall article topic is very familiar because I was once involved with the FX group, it worked well while I was working it, everything seems great because I was making money, but when the time to withdraw there were other rules and regulation reasons why I could not, then suddenly the mentor I was working with happen to be no longer with them, the to end I never got my investment back. So I stay very far away from programs like those.
I wish more people would read as many reviews on programs before joining them.
If this is not a reliable website to invest in do you have any suggestions on good sites to do so? I hate that there are so many scams out there. I do not like to invest any money in anything that I have extensively researched and know for sure, as sure as possible anyways, that it is going to be worth it.
Hello everyone, I’ve been a member of the Cashfx Group since September 2020, and I’ve received every trade of 5-6 percent interest per week with no flaws. They make payments. Everything they’ve said has been kept. To be honest, I have received no complaints. This company is fantastic.
Since day one, CFX Corp has consistently underpromised and overdelivered. I am so grateful and blessed that this opportunity has come my way. Huascar Lopez and Edvin Abad, the founders, are true visionaries and leaders. We’ll have many, many years ahead of us! This is a legitimate way to become financially independent in a matter of years.
I love the post all of the videos are extremely informative and I think anyone looking at the Cash FX Group should see this. I agree in saying I don’t know their credibility and would not want to put any of my money there but each and all to their own opinion. Keep up the good work!
Oh, yikes. I’ve heard of this group before, but I wasn’t sure if it was for me. Thank you for the honest review. This looks like a terrible investment. It has everything that I avoid when I think of extra ways to make a passive income. I might as well sell color street or any of those other MLM products. No thank you.
Hi Tony,
I was actively looking for reviews of Cash Fx Group, and I found your review here to be a huge eye-opener. I was going to invest a huge amount of hard-earned cash with them. Your review shed light on the many red flags of Cash Fx groups. I certainly agree with your opinion not invest with them.
The affiliate commissions are super high for an investment company. They can never sustain paying the affiliates and investors those ridiculous high ROI and commissions.
Thanks,
Jordan.
I certainly liked the site! However, there’s a couple broken links in the video inserts you’ve got. I’m not sure if you’re aware of this or not. But, considering the many comments you have on the site, you clearly have yourself a decent formula going! Good for you!
The only real issue I have, honestly, was the long run it took to get to the bottom of the page. While all the comments are great, I will admit it would be nice to see if something was installed to shorten this section. I know there’s a way you can have only the most recent (like 5 or 10) on this particular page and then install something like a “read more” link should viewers care to continue reading the comments section.
This would definitely make it a quicker trip to the end of the page! I know you’ve got goodies down there, so it would be nice to maintain your audience long enough for them to get there. Too many comments to run/filter through may wind up causing your visitor to bounce off before getting to the bottom. Not everybody has the patience level to even just place the curser on the bar to the right and speed down.
I did, which is how I know you’ve got goodies at the bottom!
And this is where I also bring up your section of recent posts. Again, if the comments list is shortened on this page, odds are you may have visitors interested to check out your other posts. If this is done for every single page I’m certain you will see even more success than you do already.
Hey Tony appreciate your grunt work on keeping people informed and in the loop about what and what NOT to engage in. I believe what’s in the dark will eventually come to the light, and although I don’t know much about Cash FX Group, you seem to and the pyramid schemes are all too abundant, so it is very helpful for others with people like yourself keeping them abreast and informed of what to stay away from. Kudos to you my man!
Much Respect,
Timo
Hey Tony appreciate your grunt work on keeping people informed and in the loop about what and what NOT to engage in. I believe what’s in the dark will eventually come to the light, and although I don’t know much about Cash FX Group, you seem to and the pyramid schemes are all too abundant, so it is very helpful for others with people like yourself keeping them abreast and informed of what to stay away from. Kudos to you my man!
Much Respect,
Timo
Thanks Tony for the great review on CASH FX. The internet is a blaze with online opportunities, and I also saw this a while back when I was surfing the net looking for opportunities.
You have really helped me in my decision making process on whether this was a scam site or not and I will now definitely be doing some more research on this.
Thanks
Thank you, Tony. What an awesome article on CashFX Group. It really helps us to stay aware and understand the workings of a high-income pyramid scheme that is sadly illegal! I’m surprised they’re still operating… someone’s getting paid for sure, but it sounds like not many victims see any success with this company; maybe there’s something about them we don’t know? Anyway, thank you for your time & expertise in such a great topic – I’ll be forwarding this information out to some friends who may want/need more info from our perspective, so thanks again 🙂
Your review of the Cash Forex Group provided me with knowledge into a form of on line business that I had not heard of prior to reading the review. For the relatively new internet business person (newbie – although I have been in for over 2 years) it provided me with data that I can use for evaluation of this and offers similar to Cash FX.
Hey Tony, that for more detail on Cash FX about levels, ranking and commissions. It sure is an MLM systems, and one to be avoided. I wish the government would do more to hunt theses scammers down and keep us all safe. Thanks for putting things is a simple way that is easy to understand. I accept your good advice, if it seems suspicious then it probably is, so best to keep away. Thanks for the review, much appreciated!
The topic of this post will help the beginners who just start their online business to know that this company is true. I never heard this company before, but now through your post, I know it’s not a junk. Thanks for sharing.
Another point that I want to mention is there is a long paragraph only has words but without any pictures. I feel when I read it, it’s difficult for me to read through it. If you could add some pictures, that would be helpful.
Because of the pandemic and everything people are more in need for money. Since the future is uncertain I can see why a lot of them
might look for stability in income online. This might make them more vulnerable to scams.
Though paradoxically they of all people should be on alert for any sketchy signs in whatever financial investment they make
since they are looking for stability of all things, which is based on certainty and trasparancy.
Based on that, this program seems like a clear no-go, due to the reasons you mentioned. It’s just too sketchy.
Hello Tony! I think Cash CX is just another scam platform like Clone cash.. They just capitalize on the “hunger of people to make quick wealth” without actually settling down to learn The ways to carefully grow a business and become consistent. Its quite sad really that a lot of people fall prey to these things
Wow you say many red flags it’s more like almost an uncountable amount I find it so laughable that they put an ROI maximum on one of their stipulations giving in our Joe Schmoe the illusion that they get there and then they’ll be at actually get stopped out thank you so much for this awesome review really entertaining really accurate keep it coming Tony
Hey Tony,
Great informative article on Cash FX Group. I myself am always looking for new ways to earn passive income and Cash FX Group looked to be a good way to do just that. I never heard of Cash FX Group before reading your article, but thanks to you, I will definitely not be investing my money and time into it. Sadly, there are a lot of scam ponzi schemes out there and I appreciate you putting in the time to help people like me not fall into their traps. We all have to be careful and do our fair share of research before investing large amounts of money into anything!
Hi Tony I would like to congratulate you on a very informed review. When it comes done to investing money one sould be well informed and that is what you achieved here, The more one knows the better it is well written with all the right information one would need to make a informed decision, congrats on a awesome review.
As always, Tony, your reviews are spot on and provide excellent information that makes you think.
When I see places like Cash FX, almost right away the way they market and promote sets off alarm bells for me. It’s hard for me to trust people or activities that promote things like this. And there are so many out there right now. It’s insane.
I appreciate you providing the truth and doing it in a way that makes you really understand it.
Keep up the good work, my friend.
Sammy
Your last paragraph is so very important. Don’t ever invest your money in anything that seems suspicious. Definitely only invest your money where you can see a history of good reviews that are verified.
One thing is for sure, a bad reputation travels at the speed of lightning!
I did some research on iMarketslive, which also deals in Forex trading and my thoughts were similar to yours about Cash Forex Group.
Thanks for your review,
Madison
Hello, Tony,
Your review on Cash FX is beneficial. As soon as I read referral and then MLM and pyramid, I knew that the program was probably one to stay away from.
I am grateful for people like you who share an honest review like this to make sure people know that not all the programs out there are legitimate.
I have noticed a lot of this happening on Facebook. Do you have other reviews for that platform?
Review sites can be very short in their descriptions and explanations but THIS is NOT one of them.
You have done a great job explaining the program.
Explaining what the company does.
How they plan to pay out at different levels.
Your opinion paragraph tells the reader how you feel toward the program but also why you felt that way. This is exactly what should be done. Well done.
We heard about Cash FX a few months ago from a friend. After looking into it more we had too many questions and decided we would step back and watch for a little bit. We still have not jumped in.
You cover a great amount of information here and it is well laid out. Thank you!
Hi Tony, thank you for your detailed review about the Cash FX Group. This has certainly put me off investing in them! I am always very suspicious of MLM schemes anyway. They have a pretty bad rep, and deservedly so in my experience. It seems that most MLM’s are scams. During your research, have you ever found any MLM companies that you would actually recommend? I would be interested in hearing about that.
Hey Tony, I checked out the Cash Forex Group. Seems to be a legit promotion but is the promotion legit? I like the way you approached this. I used to do a lot of forex research and stocks/options were a part of my game back in the day. There are just so many different companies out there who are into forex, you just have to be careful who you get into business with.
The fact that this company is trying to be transparent but at the same time is not very transparent at when it comes to who exactly they are. But like I said, there are just so many out there, caution is the word here. It really does sound like a great company, I’ll just have to do a little more research if I were to invest.
Thanks so much for the review and I look forward to reading more. Do you plan to invest in Cash FX Group in the future or are you already in a similar group? Let us know, sir.
Dan
I never tried using Cash Forex Groups. It shows red flags seem to be waving all along with their site. They are an exciting site, but there are also many suspicious things I can’t ignore. I find there are much better ways to start a home-based business, such as affiliate marketing. Thank you for sharing.
I never tried using Cash Forex Groups. It shows red flags seem to be waving all along with their site. They are an exciting site, but there are also many suspicious things I can’t ignore.I find there are much better ways to start a home-based business, such as affiliate marketing. Thank you for sharing, and I hope my feedback was helpful. I use a wealth affiliate for my website.
There are a lot of scams floating around these days. Cash FX Group’s offer seems too good to be true. It seems like it is another MLM. People should always be skeptical when it comes to spending their hard-earned money to prevent being fooled. Thank you for this relevant information.
Toni great, very good text about Cash FX Group.
In this review, Tony “disassembled” the Cash FX Group’s business scheme. And what we see is a very clever, well-thought-out, and well-thought-out scheme for attracting money. Investors should give money, and when will they see it, and how big a question that is. An old folk proverb says “fish are caught in the mud”. Cash FX Group is everything but not smart, they made everything complex and blurry to make it easier to leave people without money. In support of this are unclear information about the owner of the site, no products for sale. Everything points to a better alarm to stay away from this site and the like. Tony himself gave the advice that this is not a recommendation for investing, but a warning not to invest. Perfect.
The internet is full of easy money schemes and scams. I know that it’s tempting to believe the promises made by these programs, but be careful before you fall victim like so many others have in the past. You’ll rob yourself if you don’t spend your earnings wisely on something better than what they offer
Cash FX is an excellent business platform for you if you have an intention to trade. Do you tell it a SCAM? No, there is no way of being scammed.
Why Cash Fx will pay you, you must be get paid by Cash FX as you have invested money at Cash FX and you will get a financial return on your investments. Again if you are a referral at Cash FX, you too will get referral earnings from Cash FX.
I would like to call Cash FX a safe and sound earning platform, Why?
Know? Cash FX works in three-level to provide you all possible facilities and to maintain Business transparency. So, you can trade with Cash FX is no doubt.
Thank you for your input concerning the Cash Forex Group. It does seem like a questionable organization advertising a very high level of return. Many people think investing in Forex is a goldmine when in actuality if is really difficult to trade that market.
I the ink I would agree with your assessment that it is probably best to stay away. Years ago, there was a whole slew of HYI (high yield internet) opportunities – I lost a bunch of money in them so the buyer beware especially with these inflated returns.
Thanks for your wanting – looks like it is spot on!
Dave.
Hi Tony, Oh boy, another scam. I heard of Cash FX, but I decided to check up on them because they wanted an investment of my hard-earned money. I am so happy I found your review. You had me in the beginning when you said you could not find who owned the company. Not to mention it is an MLM which I do know most of those are not scams, but I don’t do well with MLM companies. So again, thank you so much for your review and for saving my tooshie from losing money.
This was very helpful and I’m glad you reviewed this company. It’s crazy how many internet scams there are out there. I can’t help but feel that I might have gotten drawn into one of these scams. I recently joined a company called Hyper Fund or the Hyper Fund Community, its similar to cash fx. I did my research into them and only found 2 articles claiming they are a scam, and I couldn’t find anything else. If they are hiding anything it would be much appreciated if you can look into them as well and write a review on them.
Very Informative. I find reveiws all the time that usually don’t have near as much detail and information as this one. It very well may save someone lots of money. It seems you really dug deep and did a good job investigating this site. This let me know what the interworkings of this particular company is and that definitely helped me make an informed decision on not investing my money here I mean they take 70% back that’s more of a Ponzi scheme, So Thanks for this Tony
Hi there, seems well written and very informative. Gives one the slight impression and once again makes one aware of scams out there. One need to do proper research and to make sure that we know what we are getting into. Content and the use of graphics and images also well laid out. Great Post in my humble opinion.
Regards
Hi Tony another great post about this scam, I watched the week 17 review I nearly fell off my char laughing. Jerome says “another great week of amazing payouts”. Apparently he says, he was excited, must be looking forward to that Rolex !!!
Then “We have great traders here”. Well because of those fine offices in Panama they wouldn’t want to work for Goldmans now, would they. Jerome claims 9.68% income growth that week showing daily trade winnings. That is BS. Then he claims a 174.12% growth in 17 weeks. Wow I want in. Then says he can’t produce the evidence because he isn’t allowed.
As Tony makes very clear stay away!!!!
Since the pandemic hit us so has these scammers. Preying on people who have lost their jobs and dignity is so evil. Any program that offers high payouts and relies on others investing into it to determine output is a definite no no. Rather look at opportunities whose success depend on your level of hard work and input and not just stealing others money. Thanks for alerting us to yet another scam!
Its very wise for every one planing to invest online to have read this article and its really great for someone who thinks cash fx was a good deal to have read this article. FX has been getting attention due to their high end claims for sure. I don’t know but it looked suspicious first time i saw it for they don’t have any retail products or services available.
The videos in the website draw you in and adds easy-access context to Cash FX. If you are tech-savvy (unlike myself, I must admit), then you could create a video where you make your points about Cash FX – this would make your website less text-heavy. The links from your website makes it easy to understand the terminology and we can follow.
Thanks, Tony, that is again comprehensive. If we belong to the first level we are just affiliates, so that we get paid for each person we recruited that joined. Second level will allow us to get paid also for those who were recruited by the people we recruited. You are then right when saying it resembles pyramid, and lots of people are attracted to these schemes even after understanding risks, and what is involved. Now, thanks to your site, they will know that the money is distributed among members all the time, and they trade nothing, so well done.
Hi there, Cash FX Group i a forex trading group and it is not regulated. There are a some signs that Cash FX Group might be a pyramid scheme.
It’s a must for a broker to provide the clients with a virtual money practice account before they start trading with real money and it’s a must for the trader to test the broker first as well but there is no demo trading available .
If you want to trade financial markets, start with a regulated broker. Before you actually invest real money, you have to practice, learn and gain an understanding of the risks of trading with real money.
I do perceive that you have made a remarkable site. It looks amazingly illuminating. Regardless, I would propose adding really more substance and some more pictures to it. Or of course clearly maybe some connected records would be fine as well. Regardless, surrounding, it looks perfect and eminent, Simple to examine and appreciate. You made an ideal appearing.
Not getting paid is a problem. MLM programs usually only make money for the people in the top tier. Thanks for doing this in-depth research. The initial investment of $300 sounds high for something that is not guaranteed. The levels they offer sound too good to be true. That is a red flag to stay away.
Hey Tony Lee Hamilton thank you so much for sharing this amazing piece on cash FX group. I really loved the review so much, I would definitely not recommend or suggest this platform to anyone out there though , because their offers seem too good to be true and they have so much red flags that makes them look suspicious
Hi, You have done an excellent job of showing why this business/scheme should be avoided, thank you. When you invest money with claims of high returns, it’s important to make sure they are able to sustain these returns. As I read your review, you answered the questions that I had around regulation and if it was a scheme designed to extract cash or make cash. I definitely would not be using this company to invest my money, thank you for your review.
I’ve heard of this program and I’ve always been a little leery about it. Thank you for clarifying this. If they are not regulated under the appropriate trading regulators then they truly are a pyramid and Pozi scheme. It will only take time for them to crash and for all of their investors to lose all of their money. By the way, the first video didn’t work for me. I am also wondering if this article was written by one of Tony Lee Robinson’s people or by you? How does THAT program work?
Tony, thank you for the review. Although to be honest with you I have never even considered an investment of this type any where except maybe buying crypto.. that is if I ever had the extra money to do something like that.
I felt after reading the first couple of text heavy paragraphs that this was most certainly some kind of “scam”. My apologies to them and you if there is a chance they are legit. However something just doesn’t set well with me. Maybe because I was basically lost after two or three paragraphs? You almost brought me into the light when you offered the definitions of the abbreviations….. but it was already to late. I had closed my mind and just wanted out!
Have you considered or actually made these kind of investments?
Would you invest in crypto? Peres Bitcoin?
Enough out of me. Thank you for the opportunity to review your review.
Peace
Larry.
I know that a lot of people get lured in by the prospect of making money and then get very trapped when they realize how much it takes to study and ask questions before signing up for any online business like Cash Fx. Getting the correct pay opportunity can be an overwhelming errand, given the quantity of accessible choices.
Thank you very much for the Cash FX Group review. You may just save some precious time for me to look into what they are about. From the review you’ve given, it is quite obvious that they are an MLM company operating a typical pyramid scheme modus operandi with many multiple tiers. People got to be careful with such a company and from the look of it, this company is probably just a huge pyramid scheme scam waiting to be busted.
Hi Tonny Lee,
First of all thanks for the great information you just shared on Cash FX Group. It’s really important for people to know whether they are a scam and if indeed people are getting paid. To be honest I’ve been at the crossroads for a while concerning Cash FX Group legitimacy with all the attention they have on the internet lately.
It’s great to learn that they offer education on how to trade and better your finances either from the referral commissions or own ROI Commissions. This was really enlightening. Thanks!
Thank you for this great review!
All the best, Sergej
I could almost already tell this is a shady opporutunity from just the first few sentences of your review, I have seen and heard about so many opportunities online that I have learned that almost 90% of them are scams or simply don’t work as promised, thank you for doint this review and warning people away from this.
I have heard Cash FX Group Mlm for the first time and thank you for the comprehensive review about this MLM program. for initial start-up I need $300 to start earning and this money is too much for me, Cash FX Group would be another source of income but Is there another way of joining this program at a cheaper price. Thanks
Tony, great in-depth review of Cash FX group scam. I really appreciated the various YouTube videos as well with honest reviews of people’s experiences with the program. It definitely seems like a pyramid scheme to me as well and something I would stay away from.
There are definitely some legit multilevel marketing companies out there with great retail products but this company is NOT one of them. Thanks again for your honest review!
Thanks, I was not tempted to join them but I have a friend that was excited about them. I thought that was something odd about them but I did not know what exactly they are up to.
I showed my friend your review and convinced him to not invest with them.
Great work, all the best.
I’ve read a few other posts by you on the Cash Forex Group and it seems like the CashFX Group focuses too much on its multi-level marketing side and not enough on actual products or services. This is a huge red flag for me as no legitimate products mean there is a pyramid scheme going on. Great review!
I find this article to be a bit disturbing because of the way Cash FX is being run. It is odd that they claim to be backed by several different financial groups, yet show no evidence of that. What makes this even more scary is the fact that so many people are buying into this and it has gained so much steam. Thank you for bringing this to light for us readers, because many of us would probably just trust the claims made by the company. My hope is, if this is a pyramid scheme, that it gets take down soon.
thank you for this excellent review of cash forex group. i have always maintained that any MLM is unsustainable and i have been proven right time after time and anyone investing in any form of get rich quick scheme undoubtedly knows what he or she is getting into. MLM should be avoided like a plague
Thank you so much more for sharing this here. This us really good to see here. The fact that you have shared all these here and just thinking about it and the way we are also thinking of how to make it all. The way things are, I just hope that the way you have presented ted this, I just think a lot more can be done. Thanks
This is more of a caution alert on another Possible PONZI network. While the investment packages are brilliantly arranged and profit rates high and paid weekly at the two levels of refferal commissions and returns on investments, one should be absolutely sure before making any investment on this network. Thank you for this relevant information.
Thank You for taking the time to write such a thorough review on Cash FX Group. I may not have seen the warning signs right away being someone that knows nothing of this type of thing. I could have been easily taken in by whatever anyone wanted to tell me. I will keep this in my files as a company to tread lightly around. Thank You again.
As to whether or not this is legit I cannot speak to that. I can however say that I tend to try and stay away from MLM nowadays. That being said, there is a lot of money to be made from this industry if done correctly. I like the way it’s setup but the claims are a bit bold.
I won’t even bother with this Cash FX Group because it has already checked all the scam boxes. Why will I do business with a company that I don’t know who runs it and how they operate? Reading through this article indeed shows that they running a pyramid scheme because they lay much more emphases on recruitment and not the other main side of their business. I will advice people to steer clear from them.
Because of you, I have been hearing about this ‘venture’..lol. I know that I say this a lot but you don’t know how your information sharing and reviews have helped me. Like… seriously helped me. Because out of fear of not getting paid I have tried to get into so many things but lack accurate and genuine honest information. But your site helps me a lot, keeps me very informed. thanks
As usual, I found reading all the information that you have collected on CashFX Group fascinating. All the red flags are there from the beginning. Faceless owners, no premises or products. Really I’m surprised that anyone would give their hard-earned money to a scheme like this. It makes me sad that there are people who will only see the 200% to 400% figures and think it would never happen to them that their money will disappear in a puff of smoke. This company is all screens and mirrors and I for one will be staying clear.
Greed is the one emotion that blinds many people to the obvious faults in a Ponzi scheme. Buyer beware!
Hello
after reading you post even before reading the conclusion, I came to a realization that Cash FX Group might be a scam. it actually has so many red flags. Like you say, it is very suspicious and anything like this is not worth investing your money in.
Funny that I read review about it somewhere a few days back and whoever wrote that review avoided highlighting all these red flags. in fact he or she did not even comment on them.
Thank you for opening our eyes to the possible scammers in this industry
Thank you for sharing this very detailed review of Cash FX, in my opinion having to pay to be an affiliate is a red flag. If one stands behind their product or company, they should be happy to make you an affiliate at no cost, because the product will sell itself. It is so important that people do their due diligence when looking for opportunities because the scammers are out and coming up with new schemes daily.
hello tony! As for the review, it’s one of the most extensive reviews I have ever seen. I really like that it offers dissenting opinions on Cash FX Group and not just a one-sided mudsling. As it offers dissenting opinions, I followed one of the videos and inquired about the progress of one of the users who joined a year ago. I am awaiting his response. Thanks!
This is a great article Tony Lee this is because I have actually been able to witness and observe other kind of scam stuff online and after that I vowed never to engage myself in this kind of stuff but ever since I came across the website with you inside it has made The Whole easier for me and my family, thank you for this.
Since the launch on October 25 have you become a member or participated in any of their offers? I sure hope you do have more information to provide. Wouldn’t it really be great to double or triple investments, alas, they are so few of such miracles around and if they exist usually the rich will smartly keep it to themselves. Thanks!
Great article, thank you very much. I have tried quite a few opportunities to earn extra money, forex trading included. I have made and lost money in a few business ventures and I have to say that I am genuinely afraid of trying any form of online trading, I have been met with quite a few scams. I have found an honest and solid way of making money and it’s a business model I really trust in Real Estate.
Heard quite a bit about FX. Thanks for your in depth article it really does cut through the noise and tell me what I need to know. The qualifications and ranks seem quite complicated and I had wondered whether this was a pyramid scam. I’m glad I came across you article as i may have just dodged a bullet here! Thanks Tony
Hi Tony! Thank you a lot for having to do your honest review on CashFx Group. Well My opinion is that I think The Cash Forex Group is a terrible 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. i am glad a lot of these scams are being exposed
Hello there, Thanks alot for sharing another beautiful piece of information. It’s always a great pleasure coming across your articles because it is always very educative and informative. I can imaginehow people on the platform are feeling right. I can only say patience is a virtue and one shouldnt give up on a nice platfom like cash fx.
Great article, thank you very much. I have tried quite a few opportunities to earn extra money, forex trading included. I have made and lost money in a few business ventures and I have to say that I am genuinely afraid of trying any form of online trading, I have been met with quite a few scams. I have found an honest and solid way of making money and it’s a business model I really trust in Real Estate.
Hi Tony! Thanks for sharing your honest opinion on Cahfx. I had to go and do a research and talk to some people who used it. I’ve found it to be a great company, with great customer communication.If you truly believe this company is a scam, keep your money in the High St bank. Maybe they’ll give you some interest on your money …not
Hello Tony I hate MLM and especially those companies that don’t have any products to sell. At least there are MLMs out there that try to have some legitimate products to sell even if these are nothing I would normally buy. Thanks for sharing this with me and the public
Hi: TL, just wanted to let you know your website is amazing. I’m really into researching for fraud. I am so glad that there are sites like yours that will expose these characters. As you already know, there are plenty of scams out there and it feels good to know that someone is looking out for us. I look forward to hearing more from you.
I have heard of bad stuff about Cash FX group. As always, for me the first question I ask myself is how old is the system. If it’s only 2-3 years, I don’t care if it’s the most incredible system in the world. I will not invest in it. It has not passed the test of time. Anyway, an MLM business that makes that kind of bold income claims is a red light, for me. The best ones are those who focus on education.
Nice review , I was looking for something like this online so I am glad that I stumbled upon your article.
You pointed out some key points on what Fx group really is.
I personally woudnt use it because I dont trust platforms like these.
Your article was very informative and I want to thank you for that.
Have an amazing day and wish you all the bebst
I hate MLM and especially those companies that don’t have any products to sell. At least there are MLMs out there that try to have some legitimate products to sell even if these are nothing I would normally buy. When I hear about MLMs that the only thing they do is to take money with the intent to return some of the profit back I just turn the other way and start running.
Reading through your review I was hoping Cash FX Group would get your recommendation. But, in the end, I agree with the way you see it. The Forex market is lucrative if you know what you’re doing. I have been minimally successful in my own Forex trading. I’m doing that on my own using some charting tools I’ve purchased along with the education provided by the company that produced the tools. Hopefully, enough folks have an opportunity to read your review before they waste their money on Cash FX Group.
Cash Fx Group does no sound appealing too me. Like you mentioned in the post, there are too many red flags on their site. Even their compensation structure is quite cumbersome for me. They try to build a workable structure but it will tire their members out at the end of the day. I’d not recommend Cash Fx Group to anyone.
After reading the reviews (as well as your own) on this platform it has me feeling like maybe this is one of those opportunities that are too good to be true. It’s great that they have different levels of investment opportunities but I could not even fathom why someone would put $50,000 dollars into an investment scheme that doesn’t even offer full business details on what is supposed to be operating as a professional site. This just screams red flag to me personally.
Hey tony lee hamilton, Thanks for sharing this review on the cash fx group platform it is indeed so nice and i have heard so much about this platform but never a very constructive article like this. this was really nice and i also shared it with my friends too so that they can be aware of this platform
This is a very thorough review and informative for anyone who would consider using this website. I would recommend anyone to come to this site before committing to anything. You have gone through everything that you would look into and broken them down for everyone to understand no matter how much knowledge you have and will hopefully help a lot of people! Thank you
I haven’t really been on the platform or heard about the platform until now or today, haven read all these I always want to keep an open mind about things like this. It could be very legitimate and as well be a scam. Then again, the fact that this site has reviewed it, in my own opinion, this could be legit
Hey there
thanks for bringing people attention to cash fix group, most people are actually also having doubt about this platform, if they should either venture into it or not, if the platform is legit or just another site to scam people of their time and information’s
But what some people don’t know about the platform is that it is a multi-level marketing company that offers you an opportunity to earn some money with a promised return on investments and referral commissions
Thank you for the information about forex. I have been watching videos about their offer and somehow there was no way I was sure that this was legit. Their offers look great but for me its too good to be true. Like you said, I really believe that someday their business will be come to halt or it really seems illegal.
Hello, I never heard of cashfx. It sounds like something I will look into for sure. I love how you write about it in your post with such info that it’s easy to understand what your reading.
Have a great day, thanks for this one too. I look forward to reading more posts about what you find.
I just found this article while looking into investing options. Thanks for taking the time to give a bit of an overview. Since the launch on October 25 have you become a member or participated in any of their offers? I sure hope you do have more information to provide.
Wouldn’t it really be great to double or triple investments, alas, they are so few of such miracles around and if they exist usually the rich will smartly keep it to themselves. For now with the level of investment it seems prudent to wait for a bit more time for any conclusion on whether it is a scam or not, hopefully with info being provided by more experienced investor experiences
Hi tony! Thank you so much for sharing yet another review!
it’s so hard these days to tell the difference between what is a scam and what is not.
thankfully there are reviews like yours here.
I’m glad to hear that cashfx groho is not a scam. I will be looking into it.
You know I never heard about this site. There is a lot I haven’t heard about until I met you. You have so much to learn from. It is nice to know that Cash fx isn’t a scam. It is a bit more expensive then I would like but eventually I will get there. As always thanks for an excellent review.
Hello Tony, Great work from you to do a good job on this review. I really love your honest opinion on this. 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.
Hi Tony,
Great review of the CashFX system. Previously I had not heard about this product but your review has tyaught me a lot about it. I will look more into it. Say, have you ever heard of Wealthy Affiliate? How would you say they compare? Thanks again for the great review of this product
Thanks a bulk Tony for taking your precious time to share about the cash fx group, I have always wanted to know more about the cash fx group cause have come across them online and develop an interest but your review as clearly show me more about them I now believe them not to be a scarm but something I could really try out.
It’s a pleasure to be here and I have seen so many things happen online and this is one information that I really appreciate. I have been contemplating whether to invest in it or not. After going through this article, I waived off the idea of going into it. There are some many scammers out there these days. This is indeed helpful! Thank you
Hey Tony,
Very important article. With so many scam sites with only goal to drain money from normal people, honest and fair review can save multiple investors. I’m impressed with your detailed analyze of Cash FX group (at the same time written in very straightforward way so everyone can realize connected dangers).Thank you for warning, I’m adding them to my black list.
This is a good one on the cash fx group and Lal that about it. It truly looks like one that I should go on to buy because of how it looks and how it works as well. I’m really impressed at the way everything seems to work for it. Thanks for the information regarding this one.
I like what has been shared here is just amazing to see I believe that a whole lit more can even be done for us and by us too. If properly taken care of. I believe that I can make the best use of all these here. I will tey my best to ensure that I can make the best use fo these too. Thanks so much
Nice site. Just one suggestion though…
Your ‘Number 1 recommendation’ could be a bigger bolder font that is harder to miss and closer to the top of the page. Dave Sharpe has a very ‘hard to not buy into’ video and anyone going to your site needs to see it.
Keep on keeping on. You’re definitely on the right track!
The scams, the scams. It’s overwhelming how many scams there are verses real helpful products and resources. You have to weed through the trash in order to find something that doesn’t screw you over. sometimes It’s simply not worth it. and you just don’t want to have to deal with it.
Hi There! Thanks for sharing this information, prior to this. I have heard of cash fx before, and I have been contemplating whether to invest in it or not. After going through this article, I waived off the idea of going into it. There are some many scammers out there these days. This is indeed helpful!
Thank you for considering to out this out hereIt is really interesting to have an article like this, many time I look out for new things to benefit from online and it is a good thing that you are always there to help and it is a god thing that I’ve come across this article right here, thanks for sharing
Hey Tony Lee Hamilton, for me so many things about cash FX doesn’t sit well with me and I am strongly behind your opinion on this platform, there are so many red flags and I would not advise anyone to venture it or anyone who is in already to thread with serious caution so as not to get caught up in the rubble
Hello Hamilton! Thanks for your humble opinion on Cash Fx! Never heard of it, Thanks to you I have striked it off my mind! It is very easy to fall prey to these Investment schemes as newbies hungry to make money fast. I would take your advice to heart and astain from any sort of investment schemes and all.
That is a really great summation of Cash FX!
I was frequently asked to sign up with Cash FX but avoided it because of all the red flags which you elaborate on so clearly.
I’m still surprised that they haven’t scammed out yet. Are people still getting paid? Do you think Cash FX will shut up soon? It’s already lasted quite a long time so far.
The incredible Tony Lee Hamilton. Your reputation precedes you. Good to finally run across one of your reviews. As for the review, it’s one of the most extensive reviews I have ever seen. I really like that it offers dissenting opinions on Cash FX Group and not just a one-sided mudsling. As it offers dissenting opinions, I followed one of the videos and inquired about the progress of one of the users who joined a year ago. I am awaiting his response.
What I have learned after being a part of various MLM opportunities in the past 20+ years is that at some point, they all come crashing down. Those who get in at the top and who invested the most money will usually make a great deal of it back. However, those who make the minimum investments and have a hard time recruiting, well, they struggle, and then they quit. I don’t know how that applies to FOREX trading, but you have to consider this because it’s a matrix.
Now, this guy, Jerome (in the first video), is saying you can make a 60% return on your investment over time. However, he can’t show proof because it “violates the company’s terms of service,” which is quite convenient. Is this actually common for MLM and network marketing opportunities? Even if it is, there are other ways of showing what you actually earn from a program. Right? How about a redacted bank account showing only the investments and returns from this one company? Hmm.. that could fire up “some” folks to give it a go!
Also, I think the worst part of the entire program, as previously mentioned, is that a portion of your RETURNS goes to “leadership prizes in the matrix bonuses.” That’s 60% return on investment, 20% to SOME JOE who didn’t earn it, and 20% that I guess is just part of being on the team. I am not very smart on investments, so I don’t know what that 20% would be called. Perhaps it’s the broker and other company fees. It would be far more appealing without the 3×5 forced matrix, which gives it the SCAM appeal.
Hey, thank you for sharing this great post with us. Nowadays, people are increasingly interested in how to make money online. Especially in this year which has contributed to many people losing their jobs and many young people with a college degree unable to find work. This text is very useful for everyone.
Ack, not getting paid? That isn’t acceptable, and if it is happening enough to be showing up on internet forums and threads, then I’d treat the rumors as a red flag. Often where there is smoke, there is fire. The structure of the business does have a few things that make it seem more like a Pyramid Scheme disguised as an Investment Opportunity, so thanks for sharing your insight to help make sense of it all.
Hey there!
With comments I have been hearing so far about the Cash FX Group, I think there are very limited reasons to think the platform may be scam. I have heard more of positive comments about them than negative ones. Hence, if one is not getting paid by them, I think it might be a different issue.
Thanks for sharing that review.
There are various open doors on the web that guarantee you unfathomably simple methods of acquiring yourself an automated revenue on the web. Getting the correct pay opportunity can be an overwhelming errand, given the quantity of accessible choices. To locate a real business opportunity, one should set aside sufficient effort to research to maintain a strategic distance from the tricks and shams that are discovered everywhere on the web.
I have also heard of Cash FX, and it does not seem to be like it is legitimate. The fact that it has just been on for a few months old make my suspicious, as much as am looking for a good and attractive opportunity i wouldn’t want to engage myself in all those “get rich quick” opportunities. However, I will like to give a trial and am believing that it will be good for me.
I must thank you for the eye opening who will say as bulky as this write up taking one on a pronzi where lies know future . I know that a lot of people get lured in by the prospect of making money and then get very trapped when they realize how much it takes to study and ask questions before signing up for any online business like Cash Fx. If one is too greedy to get quick cash then he or she ends up being duped. Thanks for the post.
Hi Tony,
Thank you for your honest review on Cash FX group. Personally, I think there are numerous so called money making opportunitiies online. The major step in not falling into any scam or such is to get the most research on the platform before going into it. I will not recommend Cash FX whether it is a scam or not.
Wow! Do people really fall for these schemes? In my view, Cash FX is really a scam !
I have a pallet recycling business where I get the pallets for nothing and create something nice that I sell!
If I ask you for a £300 or £300 investment, where in return I will give you 0.1%, 1%, 10% or even 50% of my sales then you may consider this as a genuine opportunity and will consider the prospect against how many sales I actually could make.
But if like Cash FX I ask you for a £300 or £300 investment, where in return I will only give you 0.1%, 1%, 10% or even 50% of what other investments you bring in. i.e if you convince other people to give me £300 or $300 then I’ll pay you. You should not consider it as a genuine opportunity because it really has not nothing to do with my sales. It is all about getting me £300 for nothing. Remember the pallets cost me nothing!
Hi Tony, it’s nice to be learning this from your site. Learning about cash fx group being a scam. Thank you for exposing them. The reviews about cash fx group was really nice. I never would have thought it was a scam platform. I won’t even think of investing into the company. Thank you Tony
Thank you Tony for exposing the Cash FX Group scam. As you pointed out, there are a lot of leg flags on the website. l also used third-party tools to check the amount of traffic visiting Cash Fx has been declining over the months. It is not worth the risk. The forex market is too fluid and requires huge investments to make any tangible results. There are free advantages of forex trading if you choose the right platform.
To join these ForEx (FOReign EXchange) programs, there many things I need before join them. 1. Enough money to invest 2. Truthfulness Company 3. The Amount of Return of Investment (ROI) and 4. Knowledge on how these companies work. Most of them do not operate in the USA, while others use overseas companies (Neteller, Skrill, etc.).
Hello Tony, good businesses are available and we need to get clarity about them and you are giving us some really good ideas about them. You’ve made a simple example about what we can consider before joining such businesses, such as, considering the information about who owns and runs such businesses and cash fx Group is no exception
I have seen so much about cash fx and even seen some people’s testimonials but i am yet to be convinced to join this program as it doesn’t sit right with me as i always stay clear from MLM program and cash FX group sadly is one of them, so it is a no go venture for me. Thanks for the info
The level of online scams on the internet is increasing daily and very fast too. After reading this article, I have no desire to invest in this company as I have no interest in any pyramid schemes. I’m glad I read this article before I stumbled into Cash FX Group. You’ve been of great help Tony, thank you
Another helpful, informative and educative article from you Tony. There are many online investment opportunities out there of course but the main determining factors are whether they are scams or legit. Most of us are always looking for the great benefits being promised and ignore the fact that we have to do our own research first before investing in such businesses. You’ve made a simple example about what we can consider before joining such businesses, such as, considering the information about who owns and runs such businesses and cash fx Group is no exception. Thanks so much for opening my eyes.
Thank you here for all hat have been shared with us all. I think cashfx is actually one of the very best thing GS out there to I vest into if you have interest in doing all these kind of mlm businesses. I just lime what it presents too all the way. I just value all that have been shared here. This is awesome.
It is very true that there are countless numbers of scams online which has warranted that we make our own time out to research about products before we buy them online and also businesses. I’ve read a whole lot about Cash fx and it’s very true that some people are not getting paid which is why I’ve not tried it.
I have always heard of something like this but I never thought that it is possible for one to join without paying. Now I see how this whole thing works and I believe that it even better off if I do not get joining in. All the same you seem to have a better option for me to go and use instead and I will be looking to do just that.
I’ve heard about cash fx before and as I said earlier the companies name itself if you ask me is quite misleading. The fact that those behind cash fx are not really know as ruled cash fx out for me, I like to be sure before I get into anything. Lastly, even if I wanted to, since you didn’t recommend it, then that rules cash fx out totally
Thank you for your head up! Now I know it is an illegal pyramid Ponzi scheme. So I won’t join it. I think your post is helping lots of people and saving a lot of time for them. After all, human energy is limited. We can’t go into the details of these projects, and your posts fixed this problem.
It is unfortunate that the CashFX Group happens to be among those platforms that do now have any information about its owner on the website. Well,I wasn’t expecting anything better than this. The CashFX Group sounds so much like a Ponzi scheme. I have been a fan of ponzi scheme. So joining or investing in anything that looks like it is a no no for me.
Thanks for another great article, Tony. I have to agree with your conclusion on Cash FX Group. Perhaps your most valid point is about how qualifications should be tied to sales volume. I find that the fact it is tied so closely to the cash invested by the affiliates themselves makes it a dangerous slope with loads of red flags – someone is pocketing a lot of money.
Hey there, Tony! I haven’t head of Cash FX Group before, but I am glad I ran into it through your article. This article was really detailed and the YouTube videos provide a lot of information as well. Thank you for helping your viewers save a huge amount of time, money, and headache. There are so many scammers out there these days.
hey tony lee hamilton the digital marketing veteran, thank you so much for sharing this review on cash fx group, it seems like a nice platform though, and i also liked how you explained it in detail while also keeping it simple and easy to understand, but in my opinion i dont really like this platform
I saw another article on cash FX from you earilier, how ironic to run into one more! And crazy to see there is an issue with people not getting paid. There are so many scams out there, it’s so hard to know who and what to trust! Thank you for sharing your opinions and reviews with honesty and integrity!
You are absolutely correct Tony, there are way too many red flags in this platform. I’m always a little bit unsure when it comes to MLM model, and this seems to fit right into that category. It seems like a scam and your review sure helps me to avoid platforms like this. Thx Tony, as always!
Well, I have tried searching about the legitimacy of Cash Fx Group and I will say that I am really hesitant to try it myself. It works like a local bank wherein you get a commission based on the money you put in them. I think the ROI is not really worth it and the security of your money is not ensured. I will take a pass on Cash Fx group definitely.
Aside the serious issues CashFX seems to have, I did not seem to have any interest in it since it is a MLM company. I am not saying MLM Companies are bad or not good enough, but I personally do not find Interest in anything that has to do with MLM. Thanks for this informative review article on CashFX.
Hi Tony, I’ve read a few of your reviews and they come in handy, they are thorough. Cash FX does seem like a scam and not so good to invest in. Thankfully I have come across this review otherwise I too could have got stuck! There are many other online platforms to invest in which are much better!
Thanks!
Red flags are going up for me all over this one. I would not be one to look into this and take the risk. There are many more options and ways to make money online, I for one recommend Affiliate Marketing as it’s an option where you grow a strong, legit, sustainable business for yourself and your family for many years to come. Anything connected to MLM makes me turn around and run away. Thank you for this great post, now I know more about the Cash Forex Group and I thank you for giving me more knowledge today.
Hi there, this platform is something I invested a small amount of money with cashfx before realising they were a scam. I thought it was odd how the withdrawal fee (20%) was so high and how they said that you shouldn’t withdraw and constantly just reinvest.After I decided to do some research I found out that they are unlicensed and unregulated. Thanks for sharing this wonderful piece of information.
Reply
For me,I think the bare fact that there are no published accounts of the FX trading activity is enough of a red flag on its own. If they really were successfully trading FX why not share their past trades with us as proof. I find all this on the highly complex and layered compensation plan to be another red flag. Thanks for sharing this awesome article..
Hello there, I invested a small amount of money with cashfx before realising they were a scam. I thought it was odd how the withdrawal fee (20%) was so high and how they said that you shouldn’t withdraw and constantly just reinvest.After I decided to do some research I found out that they are unlicensed and unregulated. Thanks for sharing this awesome article.
Good review on a company that looks and seems more like a pyramid scheme. I have been lured in by them before on one occasion, but I was fortunate and didn’t invest anything into the scheme. It’s probably the one time I’m grateful for not having the money to make a very rash and potentially dangerous decision for myself. I know that a lot of people get lured in by the prospect of making money and then get very trapped when they realize how much it actually takes to even begin thinking about making any sort of money. Then they want out, and for those like me who haven’t invested much into it, it’s an easy out, but for others it can be quite complicated.
What a great in depth review! I haven’t heard of Cash FX before reading this but honestly, it feels like this told me everything I needed to know, and way more. We’ll see how they’re doing in a few months and if things get more legit. There are tons of ways to make money online that are legit and way less sketchy. It’s good to see scam warnings so readily available though
Hello Tony. Thanks for the texts that raise awareness of possible scams. Insufficient data are definitely enough of a red flag. What I explicitly dislike is that Cash Forex Group is not being registered with the financial regulators. This further calls into question our financial gain. I don’t think any of the programs that offer a quick opportunity to make money are good and true and I wouldn’t try myself in that.
There are so many scams that are on the internet and it is so sad how so many are misleading by their miss leading words, a scam will always make it seem so easy to make a ton of money in a short time even if you do not have the experience. It’s normally a few steps program while they drain you of your money. Thanks so much for sharing and exposing this platform.
Thank you so much for sharing this. The do really seem like a good investment company, but after finding your review I have decided that this is not a good idea. I am so glad you took the time to explain this company in a detailed way. I am also glad I read this review before making a decision.
Hi Tony and thanks for sharing this review and the videos. I watched two of the videos. One from someone who is part of it and hoping and believing that it will all come good for him and one other from someone who concluded that it is dubious, to say the least. I think the bare fact that there are no published accounts of the FX trading activity is enough of a red flag on its own. If they really were successfully trading FX why not share their past trades with us as proof. I find all this focus on the highly complex and layered compensation plan to be another red flag. It has all the signs of being a system that is designed to hype and excite you into burying more and more of your money with them so that you rise in the rankings on a promise of future riches. I will not be signing up for this, and thank you for reconfirming my decision. Best regards, Andy
Hello there Tony Lee, this is a very awesome piece and a very detailed one. I’m really happy I came across this as the information I’m getting from here is standard. I don’t know much about cashfx but I have been seeing some stories about them, I am glad to have come across this so I would not waste my time joining
Hello there!
That is another helpful one you dropped there. There are truly countless of opportunities on the internet which promises high income and most of them promises a get-rich quick scheme. It is important to make good research on these programs so as not to fall victim on fraudulent schemes. A review like this will really help to know if Cash FX group is scam or not.
Thanks
Tony, this a very comprehensive review of CASH Fores Group. I don’t know anything at all about this company, outside the information provided here. And that is why it is necessary to get out information about any program from trusted and unbiased sources. Unfortunately, those sources are not many again. According to your research, you stated that Cash Forex claims to general external return on investment revenue by the use of assisted trading systems along with algorithms. And from your research, you stated that you found no evidence of such trading proofs.
Another red flag raised was the issue of Cash Forex Group, not being registered with the financial regulators. And the problem with that is that without following the proper financial regulatory rules and channels, it will be hard for investors to verify that the company’s claims are true or not.
I equally found it interesting to note that the Cash Forex Group, operates like Ponzi schemes. From this review, Cash Forex does not have retail customers. That means that the revenue is dependent upon recruiting affiliates. This review equally highlighted that the compensation plan of this company shows nothing short of pay to play technique. for me, with all these red flags, I will not like to be enticed with their elaborate claims, since I know that foundation matters!
Hello Tony
A very fantastic piece of work from you. Thanks for sharing this beautiful piece of information with us. I must say I really did enjoy going through your review as it contains valuable information one needs to be aware of scams like this Cash fx group.
Thanks for pulling this together
OMG, I knew there was a lot of scams online, and thankfully you are reviewing them all so people don’t get caught in that system. Unfortunately people want to get rich quick but there’s no such thing, any business online takes work, even as an affiliate! Such a shame that people get conned and lose money which just discourages them to find a legitimate company online that’s growing strong. It gives the whole business a bad name! Great review!
This was a very interesting read an until I had read I had never heard of Cash FX. Your websites are always so informative, original and relative. The commission levels were good to know and the uploaded videos also broke up the narrative and provided clear information for those who prefer not to read paragraph after paragraph of writing.
You often come across “get rich quick” schemes when surfing the internet. People are always looking to maximize their returns while minimizing their input, it’s built into our humanity. In other words, we’re naturally lazy. We should always be on the lookout for individuals or groups who want to take advantage of our laziness.
Your article went into details of Cash FX Group; how they operate, their membership levels and, most importantly, their apparent lack of financial regulation. It all seems shifty to me.
The article taught me something about analyzing multilevel marketing schemes so I can avoid them. Thanks.
Thanks for bringing this to our attention Tony. There must be so many dodgy schemes out there, you seem to be reviewing them non stop! Are there any schemes like this that aren’t dodgy pyramid schemes? I’d be interested to hear if any exist. But until then I’ll stick to my fitness blog
Thank for this article Tony, I am glad I came across this when I did, as I have been thinking about using Cash FX for their services.
I was very attracted to their referral commissions, but your article shows that Cash FX are not that authentic and true to what they stand for.
Thanks for highlighting this.
Wow thank you for this post! I’ve never heard of Cash FX Group, and it sounds like I’ll never hear about them. After this article, I have no desire to invest in this company as I have no interest in any pyramid schemes. I’m glad I read this article before I stumbled into Cash FX Group. I sure do hope the FTC shuts them down soon.
In the recent past, Cash FX Group has been getting lots of attention due to their high-income claims, and you might be interested in the opportunity. In this review, we’re going to see if their promise is a real one or just another fraudulent scheme. This review will assist you in ascertaining whether the business opportunity is legit or a scam. Thank you very much
Thanks for sharing this beautiful piece of information with us. I must say I really did enjoy going through your review as it contains valuable information one needs to be aware of.There are lots of scams online and many people are calling for it day by day tyatg is why we need to acquaint ourselves as online business owners on how we can stay safe and free from these potential scams as they can take our money eventually. I think Cash Fx is a scam
Thank you Mr. Tony for this. This has enriched my knowledge about cash FX group, It has boosted the confidence about the authenticaticity of this platform. So, therefore, it has become a push for me to work hardinvest in it. I will clearly say that my doubts have been cleared and I am very good to go. Internet scams right now are numerous, so one has to be extremely cautious and diligent.
Hello, this is a very awesome piece and a very detailed one. I’m really happy I came across this as the information I’m getting from here is standard. Thanks Tony, I wouldn’t get into this however because I don’t think it is something I should invest in. I have weighed my options and this doesn’t come on my top list so I’ll have to ignore.
Hey Tony ,
thanks for a perfect review and we’ll detailed and explained article on cash FX group …it’s seems like a Ponzi scheme anyways …most people wouldn’t want to enter into any kind of passive income opportunities that Involves trading …thanks for clarifying the different levels of membership ranks and the competition plans set up for each rank ….it’s really really wonderful
Thanks for an accurate review of Cash FX Group, Tony! Though it sounds more or less like a Ponzi or Pyramid scheme, most people wouldn’t want to venture into any kind of passive income opportunity that involves trading. Kudos for clarifying the different levels of membership ranks and the compensation plans set up for each rank!
I appreciate the fact that some passive income opportunities are still open to people of different calibers who want to make money online while in the comfort of their homes. Good to know that Cash FX Group does not have a retail product it sells, but simply relies on incomes generated from membership subscriptions.
Thanks,
Joyce
Thank you for your submission Tony and not letting us falling victim by always going ahead of us to ascertain the validity and authenticity of platforms and giving us reviews. CashFX in out look is a no no to me so I will rather get a chill bottle of Pepsi than try it hahaha
Hello there Tony, thank you for sharing this informative and resourceful article on CashFX Group. This is my first time hearing of this platform and I could not ask for a better place to learn about the platform than from your article. You gave à detailed and in-depth review of the platform that was really easy to understand
Hello there! Thank you very much for sharing this wonderful piece of information. I’ve gone through it and it’s a really detailed one. There are a lot of platforms online that ends up not to be legit and makes people regret their actions and I’m happy you post reviews like this to tell us about them. After going through this, I’m not sure this is something I want to get acquainted with. Thanks so much for sharing
Cash FX Group definitely sounds like an artificial, non-sustainable pyramid scheme that is well worth staying clear of…
Great, informative article as always – there are so many ways to really earn serious money only in a legitimate and sustainable way, so it’s important to expose these frauds… keep up the good work.
People who not careful with how they go shouting about business without making funding is really bad and I how they learn fast. So that pulled me back a little bit. But with reading this, my doubts have been confirmed and I am very good to go. Internet scams right now are numerous, so one has to be extremely cautions and viligant.
Hey Tony nice work on your review on cash FX being a scam?
well i think is not but is a complete waste of money and time. you said it better “An illegal pyramid ponzi scheme”.
thanks for this article, i think people should see this and know what to expect before making any vast decision.
Once again Tony, thank you for this. I was also confused about cash FX group, I wasn’t sure if it was real or not. So that pulled me back a little bit. But with reading this, my doubts have been confirmed and I am very good to go. Internet scams right now are numerous, so one has to be extremely cautions and viligant.
There are lots of scams online and many people are calling for it day by day tyatg is why we need to acquaint ourselves as online business owners on how we can stay safe and free from these potential scams as they can take our money eventually. Thanks for sharing this Cash fx reviews.
Thanks for your honest opinion here Tony Lee, as if you were a part of the trading or ponzi scheme group it may have been a different sotry, however I would have never expected you to be a part of this type of mlm in the first place. From the beginning it sounded like a bad deal. I have had my share of those.
Honestly, the world of MLM kind of freaks me out, but it may just be my own experience in that world. I didn’t realize it was still so prominent now in 2020. I thought we’d moved into a new world with online marketing, mostly being e-commerce and print on demand these days. I think when you mentioned there’s no information as to who owns the company, it just brings back bad memories! But I really like how detailed you explain the entire commission structure and bonuses on your site.
There are a lot of opportunities that the internet have provided for everyone. Even in the bid to get money, one should not be carried away by what we wanted forgetting how to get it. Some platforms are not legitimate while some are correctly legitimate. Since there are sure ways,the unsure paths should be neglected.
In my opinion, any online business that depends solely on another person to register before paying you isn’t a real business, the promises of Cash fx are enormous, but the true is, it’s almost like scam and venturing into something as complex as this could hamper someone’s finances and slow down their progress towards wealth. I think the set of people that would fall for is are those that want to get rich as soon as possible. Thanks for the detailed review Tony.
This is. Agiid post of cashfx group and I think that they are just there because the information you have on them really shows that it is about forex and maybe some people think that it is good and that they can make money from it too. I guess I’m just here on the fence about the whole thing.
An interesting review of the cahjuice you have here and I would say it can not go without the saying that this had been superb. I just seem to like everything that has been explained here and the fact that cashfx is just trying to combine two different fields that should never be merged. This is test to see though
Hi Tony! Thanks for sharing this review. I’m surprised that people would invest in this type of scam. I mean, when someone has that much money to invest, they can find smarter ways than spending their money on this. I am relieved to have read your review that this company is rather suspicious and one to steer clear from. Thanks for clarifying all about this illegal group and hope it makes many people realise about them too!
There are lots of times people endanger their businesses and money because of their nonchalant attitude towards reading about products before they apply or pay for it. This review is a very nice information, I like the fact that it’ll be helpful in telling the truth about what cash fx is about.
Wow! I’m sorry for the people who have fallen for this scheme. Mutual funds have a better return…and you can actually have your money back if you want it! I hope the FTC shuts them down quickly before more people are hurt but it’s unfortunate that most of them will never see their money again. Thank you for the eye opening review, Tony!
Thanks Tony. This is like one of the most detailed review I’ve seen on cash fx group. About a month ago I was introduced to cash fx group by a friend. There were lots of promises and benefits from joining and I almost joined but as usual I told her I’d get back to her. Fortunately for me I saw this article and I think I’ve made my decision cos it seems like a scam
Im so glad people are writing review about this and especially on something like this. I’ve heard of a few people who had this problem of not knowing whether to trust a website that doesn’t even have a face behind it which i’m sure will detour loads of others. Thanks for a trustworthy review from the Tony Lee website!
hello,
it seems to me that Cask FX group is a pyramid scheme as it offers mainly a compensation pan for people who can get poeple in their scam. also I find that they have claims of earnings that look strangely like get rich quick schemes and I am not a fan of it. I also think like you that the FTC will close them very soon. And the other red flag to me is that it is regulated in Seychelles. Ewww!
It is interesting that Cash FX MLM company provides the opportunity to earn passive income. But it is surprising that they don’t have a physical products on its own. Also, huge amount of investment up front makes me want to think again about the liability of this MLM company.
Although it does provide good commission as you level up in your membership! I would really like to know few genuine success story from this group before investing into them! Thank you for the post.
Thanks for a comprehensive review of Cash FX Group, Tony! It sounds interesting to know that the platform provides opportunities to earn passive income streams, but when I read down the review, I discovered that Cash FX Group does not have retail products of its own that it deals in, but just introduces investment opportunities to its members based on investment packages.
Thanks for breaking down the PV, GV, affiliate ranking, and membership level compensation plan! The 50% affiliate commission, referral commissions, and uni-level residual commissions are all nice to know.
I appreciate your candid review of Cash FX and their MLM program. Honestly, the entire program is just too complicated for me to give it much thought. That’s due, in part, to the many levels and so true of many MLM schemes. I’m just not a fan of MLM’s anyway as they mostly seem dependent on getting others into the fold and not providing the true value of the product itself.
After all is said and done, I agree that the FTC will probably shut this one down in the near future. It seems to have Ponzi scheme roots.
Hey.
Myself I’m not interested with Fx trading after when I lost a lot of money from them today I’m not believing in any kind of FX trade, despite I believe there are some FX company are legit and paid out what they promised, To be honest thank you for being clear and wise on this platform you have explained with a enough word to decide either this platform It’s real or illegal.
Oh boy is Cash FX Group expensive! That alone sends me running the opposite direction. I don’t know, to me if you are going to work for a online company, and you are earning something for them, then why should you pay such a huge amount of upfront cost? Shoot for that I could buy something tangible that I could turn around and flip. This is a definite scam to me.
My word, there are a lot of reviews on your website! Again, thanks for your honest opinion on Cash FX Group. Some people will just say that everything is great to earn a referral fee.
I think anything online that requires an upfront fee to join seems terribly suspicious to me. For investments, I would stick to my local banks. At least those banks and their activities are being regulated by my government through the Central Bank.
I invested a small amount of money with cashfx before realising they were a scam. I thought it was odd how the withdrawal fee (20%) was so high and how they told you that you shouldn’t withdraw and constantly just reinvest.After I decided to do some research I found out that they are unlicensed and unregulated.
Hey there
That is just unbelievable that some people aren’t getting paid for things they should be getting paid for. I am so glad I googled this before investing!
This information was great everything seems to good to be true when it comes to signing up for Cash FX. I can see how many people would fall into the trap of investing in this system I have personally been that person and defiantly don’t want to do that again.
I think it’s great how you still break down each piece of information given from their website and still went on to give your opinion on it the whole situation. I hope this helps more people then just me not get caught into a scam or trap that will make them loose in the end.
The Cash Fx Group. I have no idea what this is, even though i’ve seen it advertised here and there. Is it to do with stocks and shares? Because if it is, i find it all too complicated. Is it like one of those pyramid schemes, where only those that recruit others to do the same get all of the benefits of commission?
If members of FX group aren’t being paid, then there must be some sort of scam going on, or the group is just a money pinching rip-off, of an organisation!
When you said that there’s no information of the owner anywhere to be found, that really did it for me. It’s way too complicated with the investments, the re-investments, the profits, the numerous levels and high rankings. Even watching the simplified video was more than complicated.
After reading you review, i’m definetely staying far away as possible from this group!
Thank you for the advice about sound records of achievements, verifiable information and claims.
Thank you for your honest review on CASH FX group, I never knew that forex can be also a multi-level networking. This kind of business scheme is really a lot of risk on one’s invested money. There are a lot of online businesses that are good but I would say also that there are also a lot of legit forex broker companies that good to invest in.
Tony,
Yet again the information that you share is so important for many of us investors looking to do business online. Your experience is really key is providing these reviews which you do so well.
I always get nervous about dealing with companies you cannot find any information about. I always think that it is awful when a company takes such great commissions off your money that you have invested and I can see how this will benefit the company and not the individual.
Thanks to this review I will definitely not be investing as I think that this is a badly run business just out for itself.
Thank you so much
Imelda
Thanks Tony for the review of the Cash FX Group. It’s good to know what you recommend to be joined and what not. It simply saves time and money. I am however a very shiny object person (trying to get rid of that habit) but however, I am taking your advice now as always.
Thanks friend,
Sunny
Any Forex trading opportunity that promises guaranteed return on investment appears suspect to me. And when I saw that the company offered opportunities where the cost of entry was as high as $100K red flags were raised everywhere.
When the owner hides from its members, that aone signifies that they have gpt more to hide than themselves.
I commend you for predicting that the FTC will most likely take this company down as a Ponzi Scheme.
Cheers.
Edwin
Thank you for the heads up and detailed picture as to what CFX is. There are many legitimate and clearly more honest ways to make money. It is not necessary to try out the ones that look at all shady or even difficult. I will take your advice and steer clear of CFX, but fortunately, your site has many more good methods to pursue.
This is a very insightful post and it is true that there is too much information online about making money and the worry of signing up for any. whenever I see the word “cash” in a name, it immediately makes me think that they are looking to attract those looking for “get rich quick” opportunities. I totally agree with you on pyramid schemes and this Cash FX is not something I think I can go with seeing how it’s not really impressive. I would rather invest in my time wisely, work hard, and be patient and see the returns of my hard work in the long term as you always say. Thank you very much Tony.
I think Cash FX group is a great multi level marketing company with great plans for it members. There is a lot that can be benefited from being a member. But the issues they are facing now, with one of these problems being members not being paid, will really tarnish their image even with their attractive claims.
Yikes! Cash FX sound like bad news and a sinking ship. Generally, if a company starts paying out late it’s a very bad sign that the cash flow is not as it should be, or the owners or siphoning off money for their own benefit. I have no intention of going near this company, despite the promises of an exceptional income. I’d prefer to build my own online business from the ground up than be involved in something dubious.
Tony, I am so glad you do reviews on these kind of platforms! I am here to tell you first hand if it sounds to good to be true than most likely it is too good to be true. If a company comes off as if you will be making money in no time and no hardwork is required. Most likely they are selling you a pipe dream Cash FX sound like that type of company!
Wow, that is definitely not a good company to join.
Glad there are people like you who do a thorough investigation into the various ‘opportunities’ and ‘systems’ on offer. If only more people checked blogs like this before falling for the scams.
I feel for the people who will lose so much money when it all collapses or gets shut down.
Thank you for sharing this post, its an interesting read and a good warning about what to avoid.
What a thorough and useful examination! Before I delved into something that I will eventually regret, I was hoping for something much like this. Thanks for pointing out so many obvious red flags. It is interesting how we realise that something seems too good to be real, and our wishful thinking sometimes gets in the way of making a logical decision. won’t have to make that mistake thanks to your detailed analysis!
As the world evolves, online businesses are on the increase and so are scammers, these kind of reviews are very helpful for the public, I have also heard about CashFx, but their modus operandi didn’t sit well with me, your analysis was really top notch, and I fully agree that it is not advisable to join the platform. Thanks for this.
I’m glad there are sites out here, such as yours, which gives marketers a ‘heads up’ in regards to the service of others. I wish years ago, there were more people like you Tony, that research then expose these other companies for what they really are. Some good, some bad. I feel most companies out here are on the level. (But no one never really knows). I could have saved hundreds of dollars many years ago, if only back then I knew more about the company before I’d invest. But I guess we all as entrepreneurs ‘live and learn’ through the years.
Hey Tony Lee Hamilton, I totally enjoyed this review. Are we suppose to trust a company that has no registered financial regulators? For a company that is not selling any products or rendering any services, yet earning huge profits. Thank you for letting us know that it is a Ponzi Scheme.
Hello Tony,
After reading your review of the CashFX Group, I certainly would not invest my money in their business. It sounded fishy to me right from the getgo, and I am definitely a newbie at most of this.
I would hope that anyone interested in investing in this business would read your review first.
It certainly makes me wonder how many have actually invested and will lose terribly.
I’m surprised that people would invest in this type of scam. I mean, when someone has that much money to invest, they can find smarter ways than spending their money on this. I’ve seen another so-called opportunity recently when they were also offering an income opportunity but first after you send them some money. And people still fall for that. Otherwise, these companies wouldn’t pay for ads, it must pay off.
Thank you for your honest review. I now have a clear picture.
It is amazing to think that someone might invest $100,000 to join this program at the top level. I have seen this type of MLM before and I am dubious. Your article describe the program very well. The difficulty for me is that there is not product other than recruitment. If recruitment ends the program folds. I am just not interested in spending time recruiting for a program.
To get started you will need an investment of… instant alarm bells. Withdrawal fees? more alarm bells. Whoa. It’s so sad that companies like this exist and tear people away from hard-earned cash. People are trying to make an honest living and others destroy all their trust in humankind with scams like this one. I hope the federal trade commission does out an end to it.
As the world evolves, online businesses are on the increase and so are scammers, these kind of reviews are very helpful for the public, I have also heard about CashFx, but their modus operandi didn’t sit well with me, your analysis was really top notch, and I fully agree that it is not advisable to join the platform.
Thank you Tony for this article. Cash Forex is a nice marketing opportunity which helps earners to build their their new business on a promise return of investment and referrals. this is really cool because the online company offers an investment opportunity through levels of financial trading education that reflect the costs per level that an individual joins.
Thank you for this thorough review. I really appreciate your articles and look forward to receiving them as I continue to build my online business. The information presented here is very great. There are so many money-making opportunities online and it can get very confusing when trying to decide which to get involved in. I am so glad that I can read written reviews on various opportunities in advance. This one really sounds suspicious. Thank you.
Hello Tony, always a new and interesting topic and this time very detailed. Well done.
Personally, I think that investing money is very tricky and that you should be very careful where and to whom the money is given. This is about large amounts of money and I don’t know where that money comes from. I don’t know if it’s scam or not but it sounds suspicious. Maybe they want to attract people who need money in a fast way but they still need to be very careful. I hope that this text of yours will help them and others who may be considering this option.
Hello,
This is a very insightful post and it is true that there is too much information online about making money and the worry of signing up to any! I am also amazed that you just have to invest through this group which sounds simple enough.
I am relieved to have read your review that this company is rather suspicious and one to steer clear from. Thanks for clarifying all about this illegal group and hope it makes many people realise about them too!
It really concerns me when a company makes promises of getting money from investments and trading and wants you to spend a large initial amount of money to get started. The fact that the Cash FX Group is not regulated or licensed by the proper trading and investment groups is very concerning. I agree with you that it sounds like a ponzi scheme. Do you know of anyone who has made money with this or does that seem to be a pipe dream as well? Thank you for sharing this detailed review of Cash FX Group. I will stick with Affiliate Marketing.
I have also heard of Cash FX, and it does, indeed, sound suspicious. The fact that the website is only about 18 months old is also a red flag, when added to the other elements. It’s interesting, but whenever I see the word “cash” in a name, it immediately makes me think that they are looking to attract those looking for “get rich quick” opportunities. However, I think you and I both know, there is no such thing.
This article describes in detail how a ponzi scheme business (such as CashFX Group) operates and that one should avoid at all cost. Basically, it is an Multi-Level Marketing pyramid scheme where the top earner recruits other affiliates to make money for him by selling the CashFX group’s financial investments or through signing up other affiliates. I think business like this give other legitimate financial businesses and the industry a bad name and reputation. Instead of guiding people to financial wealth, it is leading them to financial catastrophes and I think these people should be shut down by the FTC as soon as possible.
When I read about the Cash Forex Group before, I was very hesitant to continue reading. It sounded very strange, the numbers weren’t adding up.
I’ve seen many pyramid schemes and MLM’s over the years, and this seems to be one of the worst. Just seems to be, based on reviews including this one. I can never say for sure, because it’s something I just wouldn’t do.
I do know that there are MLM’s out there that are legit, but this one seems way off. I think the only one making money here is the person (or people) that invented it.
Thank you for your review, hopefully it helps more people!
This company offers an interesting concept of earning on your investments. There are several reviews that are more sales pitched then actually a review. I like how you detailed this review of the forex company with videos to help better understand the promised concept of earning. I will have to think about it a little longer before joining and I will be sharing your review article with my followers.
Hello Tony! Thanks a lot for dropping this review. The problem with online businesses these days is that most of them are fake and not legit. Some people invest a lot of money and end up losing it but coming through articles like this makes everything better. I totally agree with you on pyramid schemes and this Cash FX is not something I think I can go with seeing how it’s not really impressive. Thanks for the review
From my own opinion I still strongly think this is just another pyramid scheme although they may have claimed not to be, but of course it’s obvious it’s a ponzi scheme. There are so many platforms like this that promise members great opportunity and commissions but at the end it’s just a complete waste of time. I wouldn’t recommend anyone to join this kind of platform.
No company is willing to pay an immense amount of money in a short period of time, much less without an extended period of working hours; if that was the case we’d all be millionaires by now. I don’t trust MLM companies and their false claims. My respect to anyone who works for one of these companies but it’s just not something I can see myself doing. It’s a good thing to invest in your business but if you’re not getting your money’s worth then what’s the point of it all?
Hi Tony, I totally agree with you about Pyramid schemes, and this Cash FX Group seems to be one of the companies that I must stay away from it. You have done great work here, writing all the issues and the reasons why everyone must be prudent and know exactly how this company works. Thank you very much for this review. I consider very helpful to everyone that wants to take a risk and invest his money in similar schemes.
Best
Alketa
Investing in a business with k-leg may be harmful. After having access to this wealth of knowledge and reviews, failure is a personal choice. Some promises may be beautiful and still manifest while some may not manifest. I think it’s a good thing for those who are planning do business with them to have a rethink and do the needful. Thanks for this review
Without having any retail products or services is a signal to me that it may be a ponzi scheme disguised as MLM. Apart from that, they have lots of red flag. Not much information about themselves, high ROI. Don’t know if they’re scam or not but I will not be doing business with them. I’ll rather look for who to trust with my money or start up my own online business.
Honest this sounds suspicious! I would stay very much away from such companies. This is clearly seen as a Pyramid scheme. You will perhaps loose all your funds. These trading systems are just a play for the gallery. It looks legit, but at the end of it all, it is all a digital illusion. They often work from different areas. And with no information on who runs it says a whole lot about it.
A very detailed review on Cash FX Group, and when I first saw this company advertised I thought it was something to do with investing your money. On coming across this review I see it is yet another of those MLM companies. I have been bitten in the past by these sorts of companies, and won’t try again. This one I couldn’t help noticing seems a lot more expensive than most of the others out there, so what exactly is one getting here? It looks a bit dubious to me, as where do they get the funds to pay out members unless they are simply taking from new members. Eventually, this sort of system crashes and many lose their money.
Hi Tony
I have to say that I only heard of cash FX recently and I have seen some people claiming to earn good revenue from it. Now my concern was on the recruiting part because I am ready to risk my own money but not someone else’s money. And from what I understand, you can only make serious cash by recruiting, which is already a red flag for me.
I really hope people get to read your review and realize that Cash FX is not a steady investment opportunity.
Thanks
Thank you for alerting us regarding Cashfx, I heard about it from one of my friend. I was confused about it because easy money is not that easy. This whole blog explain everything someone needs to know.
Thank you for giving us detail description.
people who are in doubt will get help from this article.
Hi Tony, thanks so much for sharing a great review on Cash FX Group, it’s good to know about new business opportunities on the internet to start working from home, as always I like to read your website as you share accurate reviews, I will pass off on this one, I don’t think it will work for me, this is not the business opportunity I’m looking to work on, I’m currently working on affiliate marketing with Wealthy Affiliate and I’m happy to see how well it works and my website is making some money for me now.
Wish so many great business opportunities on the internet every single day, it’s better to find information to help us to make the right decision, keep up on the great work you do on your website!
Currently, there are many types of platforms for passive income, one of them is Cash FX Group. Anyone can make money through MLM or affiliate marketing through this platform. However, there are some disadvantages to this platform which make all its issues unresolved. So I would say that those who will join this platform must join at their own risk.
There are a lot of affiliate marketing and Multi Level Marketing companies and sites out there that finding a reliable one can be a little difficult as sometimes some of these platforms give out false promises but it will be a plus to gain early knowledge on these platforms so as to know which to join and which to avoid.
Hello there , to me I believe cash Fx group is not a legitimate platform and this is because what they are offering seems too good to be true and in the recent past cash Fx has been getting a lots of attention due to their high income claims and I wouldn’t recommend anyone joint cash Fx program but they don’t seem to be legit and this kind of company should be reported and not allowing anyone to fall victim , thank you for sharing your review Tony , it was really helpful.
Hello Tony, it’s really cool to get help from you and I have really learned a lot from reading this article. Actually,I do not see it as a potentially good one for me and that is the reason I decided to stay off it. What has been shared here is really good for me on the overall and can be the difference maker too.
Hello there,thank you for sharing this informative and resourceful article. This article is centered on Cash Fx group,whether people get paid or not. i heard aboout cash FX a while back and decided not to go into it because of their illegality. i hope people won’t end up falling victim of this platform.
I heard about this Cash fx before and I think that it would be nice for me to want to give it a try and thankfully you have given good information on how it works. It’s all good stuff and I’m happy about it. You really are good because you are showing us all this scams and giving us a good way to make money as well. I’m definitely going to try it.
Wow! Who would have thought that cash fx would turn out to be like this despite that I did not have any special reservations for it. Actually,I do not see it as a potentially good one for me and that is the reason I decided to stay off it. What has been shared here is really good for me on the overall and can be the difference maker too. Thanks
Reading about products that you are kit so clear about is good and it’ll always reduce the tendencies of you being in the danger of being scammed because you have been able to gather reasonable information about it. CashfX is a nice product but I really don’t like how it operates.
Great article about Cash FX Group although I think it is still a job for people who are willing to invest a lot of time and energy in online business. I still wouldn’t decide to take such a step because I still need a lot of experience in marketing. Certainly, I see that there is a possibility of good progress and that it can function on several levels. Maybe too complicated for me.
Hey Tony, I’ve been skeptical about Cash fx ever since your review of the program. A lot of light has been shed, along with peoples positive perceptions of the program. I’ve never even been to their site but there is a reddit thread out there full of people who claims to have been scammed by Cash FX. Majority rule i guess.
Hi Tony,
It appears to me that Cash FX Group is too risky for me. I also like to do my due diligence and tons of research before omitting my hard earned money to a cause. I like to speak with other, read reviews (like yours) and get all the pertinent information before moving forward. I also believe Companies that offer a money back guaranty (not all but many) do this for a reason and that reason usually means most people find it too risky to join and they HAVE to offer this guarantee to get them hooked. I say run for the hills when this is part of their offer. Most people will not ask for their money back and many times the Company will not contact you and you are ripped off! Scams are out there everywhere and we all must be careful.
Thanks forever.As always, I enjoy reading your article so very much. Such an in-depth and complete information is really invaluable to the internet community as a whole.
Thank you so much for sharing, Tony Lee Hamilton, my dearest friend.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.
Hi,
There are many platform online that promise incredible easy ways of earning yourself a passive income online, to find a genuine platform online one must take to research to avoid the scam and rip offs that are found all over the internet, cash fx group is a multi-level marketing company that offers an opportunity to earn some money with a promised return on investments and referral commissions which you can earn money from.
Thank you.
Aluko.
Hi Tony, it feels good to know and read about all this. Thanks for letting this through, i would love to see more updates about this in the future. This kind of opportunity appears to be quite risky. Maybe you can make money for a while then sometimes, like in this example, you hear stories about people not getting paid.
Hi Tony,
I was not surprised when I came to your conclusion after reading the article. I always steer away from the ones that charge so much. I would like to think you get what you pay for but looking at the format of the investment strategies it feels like a tangled web from which you will not prevail.
You have really looked into this and spelled it out for us. Thank you for that. It does seem like something one could bring in some dividends but I don’t feel like it would be reliable.
I would also recommend caution looking into this one.
Thank you!
I think the Cash FX Group is definitely a scam. They have some flaws that any serious platformer in the world of Wealthy Marketing must not allow. I had the opportunity to join them, but after a bad experience of some friends, I decided to give up. This is one great review and I like that you give an objective opinion in it. Thank you for that.
Cash forex group is part of a niche that has a lot of dubious companies. You should always do a lot of research into any forex company. As Tony says there is a lot of red flag on the Cash Forex group website. It is important to ensure you do all the research you can. But remember if you have any doubts walk away it is easy to lose your money.
It is awesome how well you can give an explanation. This is the first time I am hearing about Cash FX Group, and I feel like I know pretty much everything now. I love the fact that you insert videos in your content. And since you are the Digital Marketing Veteran, it is great that you give your opinion on whether we should join a program or not.
Really appreciate the feedback on Cash FX. Taking the proper time and research is vitally important. Trading is a tricky business of course. This definitely looks like a pyramid structure and listening to the videos was very helpful too.
Affiliate marketing seems to have many twists and turns on how it works and where people guide you. I’m not sure even if I had money to spend or lose, I’d be joining a program like Cash FX. Maybe people that give it a positive review are the ones that have invested and need to find a way to justify their investment. Even if they say they’ve done their research.
Tony, an exceptional and comprehensive review of the Cash FX Group and their MLM business. I personally respect everyone’s efforts and I think that MLM companies have never been my choice because I don’t have time and I don’t want to work for little money without some of my work earning much much more. I prefer to be my own boss and try a little harder, but I also earn more.
Very interesting page. You have done very well in your review of this content and have supplied some valuable information for people who are looking to start into a business endeavor like this. Thank you for taking the time to look into this and make the information available to people so that they can make the right decision in their business adventures.
There are so many out there it can be an exceedingly daunting task to sieve through, that’s a red flag for me they not being transparent, those returns alarms me how can that be supported. there are too many tier levels to be familiar with which for me instills a sort of uncertainty. I definitely would stay clear of them personally, great article thanks for bringing it to my attention.
Cash FX is a program that I would never get involved with. It has so many huge red flags saying it is not a safe bet. These sorts of programs never seem to last that long because they rely on a constant flow of money coming in to then be paid out to the members, this is not a sustainable business model. I appreciate the information contained in this post and so will many others.
I appreciate you sharing your views on The Cash Forex Group. I must admit I do not know a lot about the company itself but what I have heard has been quite negative. I heard for example that it was attracting a lot of dodgy characters to work for the company. I always try to keep an open mind and listen to both sides of the story good and bad. What you say however does give me serious cause for concern. Especially if the companies main source of generating money is through relying on other people to deposit their money into the scheme. As you say that is a recipe for disaster. When people stop paying into the company then it will indeed fold like a pack of cards! Even more reason to work on generating positive public relations with it’s clients!
As for myself, I do help people to invest their money into real estate. I consider that to be much safer and a lot less volatile. With property there is a stability and predictability over a substantial period of time. Do you agree?
I have now heard of Cash FX Group for the first time, but so far I have not looked for such sites and investment opportunities.
Given everything written in your article, caution is definitely in the first place at this point, and if I was thinking about investing in this site, I should be waiting now, to see, what will happen in the near future.
The Cash Forex Group is a fierce trick that will fall sooner or later. It isn’t controlled, avoid it at all cost is my advice just like Tony said! In the event that you need to exchange stocks I would start on a free demo account with a managed merchant. You need to practice and in addition you need to have good comprehension of the dangers of trading stocks with play cash before you can really put risk your hard earned genuine cash.
For a while now, there has been so many speculation about this Cash fx. Now you have done quite the research about it and also given us a big response to it. I like the way you have found out baoutthis and also told us about how it works. This article informed me so well on Cash fx. Thank you!
Thanks for the info, there were too many red flags spotted in your review and that heps a lot of people to get rational decisions. I have to admit many of these methods were really confusing one has to put on a lot of effort to understand them and explain it to others. However, your conclusion was really easy to understand though. I got your message.
I believe this Cash FX group isn’t something new. And for the fact that its a multi-level marketing company that basically deals on money gotten from your referrals to get you to the top-that is not my kind of line.
But actually it feels good to know and read about them. Thanks for letting this through, i would love to see more updates about this in the future.
I fully agree getting the right internet opportunity can be a daunting task.Experience has taught not to trust companies that do not have their own products or services. However if they make money through trading maybe to increase their credibility they can be open and clear of their trading practices and what they trade on with who.
Thanks Tony you have really done your research on Cash FX Group. This kind of opportunity appears to be quite risky. Maybe you can make money for a while then sometimes, like in this example, you hear stories about people not getting paid. I prefer to have more control over my interests, and I find affiliate marketing to be the best way of ensuring the work you put into it, there are returns in terms of building your asset. Thanks for sharing.
Hey Tony,
I have just visited your website. Thank you for sharing about guest posting. This is something very new to me. I had never heard about it before. There are so many useful information in the videos that you shared. In the video the person mentioned that we have to be with guest posting for at least 2 years. I am just wondering and would like to know more about if it is included in a package of something for is it to pay during those two years.
Thanks again, and best of luck in all your endeavours!
For a while now, there has been so many speculation about this Cash fx and now you yourself have done quite the research about it and also given us the big response to it. I like the way you have been able to find out baoutthis and also told us about how it works very good stuff.
There are lots of products online that are presented to you to be very helpful and very resourceful, they promise you a lot of money by investing in them but deep down, they have nothing to offer you. It very nice of you to share this article about cash fx, I wouldn’t recommend it and I’ll suggest people be aware of this.
I read about cash fx few months ago, though I didn’t pay more attention to it cause I had a lot to handle at that time.
Thank you for sharing this with me, I would have signed up for it if I hadn’t read your review as their claims are highly intriguing.
Wow….. This is an incredible article.
This is a prime example of why I like to do a ton of research before jumping into a product blindly.
Your thorough outline was full of solid information that keep me engaged through out the whole article. There seems to be a lot of speculation regarding the legitimacy of this brand. I Kudos to you for finding this time-bomb!
Regards,
Jordan
Well, so far they are still in existence and there are people getting paid by them, then I would take it as they are not scam yet. Though it can really be hard at first but with time, it can guarantee success needed to achieve it all. I live all you have shared here. Thank you so much
Thank you Tony for this insightful assessment of FXG Group. There are so many “get rich schemes” on the internet its so difficult to navigate to trustworthy advice. I can see from your track record of providing balanced and honest reviews that this is one I can trust. I will not be investing in Cash FX Group. It will be interesting to see when the FTC move on this scheme. Thank you for your advice.
I have read a few articles about cash fx in passing but your article ‘Is Cash FX Group a Scam ? Are You Not Getting Paid’ has really shed a huge light on all that the cash fx group is and made me understand it better. I appreciate that you took your time to give a detailed, well explained and in-depth review of the platform and also a comprehensive one.
It’s really nice to see business opportunities line up for your and cash fx is one of the few that I have been following one time and I guess it’s finally got to a point where I can trust them to do good business with. I have always been sceptical about MLM business but I can trust this. Cheers
With the site owners having hidden identity, there’s surely a snake in the grass. It is clear that they make money at the expense of people’s investments and leave you dry. Why not have your own product or services? Such a typical way to spell scam. Why is it that for a 2K level one needs an investment of $2000 but for a 5k level $500 is required?
I think you have done a great job at breaking down CashFX for us. It does seem like a scam and I would be weary joining this site. Ultimately, this site seems like junk and with so many better opportunities out there- this one isn’t worth it. I would love to find sites like this that are legitimate but I’m not sure that’s even a thing.
Well! I would say that cash fx is honestly not a scam but also not recommended to be done by someone without knowing how to actually refer a lot of people. Getting into this without knowing how to refer would only guarantee failure for such persons. So, identifying with what is worthy and doing it all would only mean success in a long while. Thanks
This is the first time I’m reading about CashfX and I love the idea of using my time to find out what it is used for. I always appreciate the way you take out time to make reviews of products that are liable to be useful or those that can be really dangerous too. I’ll share this article around.
Wow you can get lost in thier compensation plan alone. The way the ftc has been going after forex groups and pyramid schemes in recent years, I have stayed away from anything that says Forex trading. Always a red flag when someone hides the identity of owners and claims outragous moneys.
Well practically astounded to be completely forthright. I have been perusing this sort of article for quite a long time after I had a nearby shave with an AMWAY dispersion Network numerous years prior, a system that was in the end driven bankrupt by both the UK Government and AMWAY themselves (despite the fact that their part in the early achievement of that circulation organize remains fairly sketchy)
However, this is the most exhaustive deconstruction of a pyramid that I think I have seen. I welcome the work that you have placed into this and the exhaustiveness with which you have moved toward it.
I am certain that when might be CASH FX initiates do their due industriousness, and some will, however unfortunately not all, you will have helped numerous individuals abstain from being fleeced for their investment funds or on numerous occassions cash that they either can’t bear the cost of or simply don’t have!
Much regard sir!
Every brand that starts with “cash” seems dubious to me. Maybe it’s just me, but yes, it’s kind of my personal gauge to determine the legitimacy of the service/site. Moreover, if it’s an MLM company without a product is called a ponzi scheme (and there, I found it through your article–you said it)! I think that says a lot for me, so whether they name their rankings with “President Club” or “Global Ambassador” it just wouldn’t change my mind. Thank you for this warning. Another company off my sites-to-checkout list. Cheers
Hi Tony,
Thanks for this wonderful article. Your reviews help us to weed out the scammers online.
Well, I must say I always double-check the MLM companies. The attractiveness of making money from the networking component always makes me question whether any real work gets done.
20% of Commission redrawal, guess we are getting to the scammy part now. Well sounds like a pyramid scheme wrapped up in glitters to me.
Thank you again, Tony.
Cheers,
Candy Benn
Despite the bad reviews and the failures of cash fx group, there are some people who have benefited from this platform. i think that it is unfair that people will not consider all areas before bringing up a platform like this. thank you for the review. i should be more careful with these platforms.
Hello there Tony, I really appreciate this review of cash fx group in your article as it has saved me from making the mistake of signing up for it. I think the fact that the owner of the business is unknown is in itself a red flag and its really sad these days the sheer amount of scam sites running around with this included and I’m glad I’ve learnt about it now and will be sure to avoid it
This is a very informative website review, that may be relevant for some people interested in investing in this Company. I like a lot of people, where it comes to investing money or paying for something online, get a little scared to do so. We need people like you checking these companies out for us. Your Cash FX website review is well laid out and well written, however I did find something you may want to look at in your content….In this sentence “Before we different ranks and their respective qualifications,” I am not sure what that word should be instead of “different” or if you by mistake left out some words, but I thought I would mention it so you could edit it. Keep up the good work we need to know things like this.
I know of people that have been bitten by these sorts of companies, and your review explains this company to be an MLM company; noticing that this one seems a lot more costly than most of the others offering this service. These companies with pyramid schemes have a terrible reputation in the market; these sort of systems mainly collapse and burn; losing people money; They seem to be a bit suspicious; that’s my perspective.
Thanks again.
This is a very informative website review, that may be relevant for some people interested in investing in this Company. I like a lot of people, where it comes to investing money or paying for something online, get a little scared to do so.We need people like you checking these companies out for us. Your Cash FX website review is well laid out and well written, however I did find something you may want to look at in your content….In this sentence “Before we different ranks and their respective qualifications,” I am not sure what that word should be instead of “different” or if you by mistake left out some words, but I thought I would mention it so you could edit it. Keep up the good work we need to know things like this. Deborah
Wow, thanks for another great eye opener Tony. Never heard of Cash FX Group before reading your post and I’m really glad that I hadn’t. It’s incredibly suspicious to me that they are not only registered privately but they are also not transparent about who is the owner running the show either. The investment amounts are also outrageous, there’s honestly no way anyone starting out in the online money making world could even think about joining their program. Not to mention the fact there are members not getting paid, sounds like it’s just best to stay far, far away from them.
Thanks Tony for yet another mind blowing review about Cash FX group, I believe this offer isn’t something that’s really worth considering because it has a lot of odds that I don’t like, the number one is the fact that it is an MLM company and it has based most of its money making on referrals.
Hello Tony, I love to see such nice opportunity with great potential and with this nice reviews you give, I feel really good to know about them. However, seeing the levels of payment is nice and I wonder how long it will take you get to the top is own refuses to get referrals. It’s not my kind of business but it’s truly a great deal. Thanks for sharing
This is a great post with good information. There was obviously a lot of research that went into the article. The information given not only painted a truer picture of the company being reviewed, but also gave a lot of information of the type of research any individual should do for any company like this one, before signing up to be a part of it. Time and money is valuable to each of us, and when looking for how to make money online or trade with great returns, this type of research should always be done first. There is a lot of insight given not only about this particular site/company, but what should be kept in mind to research for any site or company we wish to invest in. Thank you for the time you took to review this site! It was very informative.
Well, it is not good to just jump in and call something a scam like they. This review you have done on this cash fx group platform and it really is very detailed on everything. I like the way you have done this review as structured as it is. I will make sure I share this with other people so they can know more about it.
Forex is a business or a field with a lot of potentials and the chances of actually making the money is really huge. With proper dedication and discipline, the sky’s the limit however, I have not seen any platform before where you have to do it in an mom style. So. This feels a bit strange and uncalled for. Thank you for the review
I didn’t know Cash FX Group but I’d like to share my opinion. When I’ve read MLM and Ponzi scheme in your review I thought “What?”. I mean, the web is being populated with this kind of products so the best thing to do is acquiring as more info as possible to make a good choice. I don’t use this so my opinion is not supported by experience, but I think I wouldn’t like to use it!
Hearing Forex is already suspicious enough but the MLM part is a super obvious red flag.
I do find it odd that a trading company doesn’t even show any details or progress on the trading but rather focusing more on recruitment, typical MLM scheme. Though it’s an MLM programme, even MLMs should have details on their main product. Take away that, then that’s not an MLM anymore, it’s a pyramid scheme.
Excellent review Tony, thanks for exposing yet another risk to help us avoid 😀
Thank you for your warning about Cash FX Group, a site that I had not come across before. I am not a fan of multi level marketing business model, as it is very difficult to make money with them without continuously having to recruit more people to your team and build a downline.
The fact that Cash FX does not actually have a product, really points to a pyramid scheme for me, which is illegal. So I will be avoiding them.
Hi Tony, it’s always good to have someone differentiate between good and bad opportunities. I have always been reluctant to join pyramid schemes and typically the ones who get to enroll first reap the most benefits. With so many opportunities to make money online your article is very useful in guiding people who may want to go that route. Easy money is almost always not legit!
Hello there Tony,
Thank you for taking the time to write this honest review. There is always that excitement that comes with multilateral marketing companies.
It really is helpful. This post is centered on whether the cash FX group is legit or scam. This is my first time of hearing about this platform. And I now fully understand how it operates.
thanks for sharing.
stephen!
Hello there Tony,
Thank you for taking your time writing this honest review. There is always that excitement that comes with multilateral marketing companies. That excitement that puts people in a rush to purchase the products or joining the company when new as early as possible. But in the end , everything gets stagnant.Your income is not increasing anymore and those who hadn’t received a paycheck would probably never
Thanks for writing an honest review about cash fx group. I was invited to join their platform by my friend, but I am really scared if this is just a scam. After reading your article here, I think I won’t join even if it’s not a blatant scam. MLM business is oversaturated and many new members are rarely to get any success. Thanks.
Hello There, Thank you Tony Lee Hamilton for sharing this informative and educative review article. It really is helpful. This post is centered on whether cash FX group is legit or scam. This is my first time of hearing about this platform. And I now fully understand how it operates. I personally can’t go into investing with someone I don’t know. I can’t advice anyone to invest in this platform
Hello, went thru your post “Is Cash FX Group a scam?” According to me all the MLM companies with pyramid schemes have bad reputation in the market. I am also victim of such MLM schemes. I had a very bad experience with MLM. They just need your money and puff they are gone.
Regards
Rajesh
I almost felt a sense of vertigo when I looked at their levels of investment. I’d like to hear from anyone who has really invested 100K with them! It seems like an extremely elaborate system and it would be hard to write it off as a simple scam, but the risks involved are huge, and there is a vibe of something suspicious about Cash FX especially as it is not easy to verify any results and connect with genuine people who have benefited from their system. Thanks a lot for investigating this company in such great detail.
Starting with an online business that really pays is nice and going on to see they have a forex related concept makes it really technical because not everyone knows their way around it and it’s sad. However, seeing the levels of payment is nice and I wonder how long it will take you get to the top is own refuses to get referrals. It’s not my kind of business but it’s truly a great deal
Well! I’m always very wary about the concept of this cash fx before. Anything that has to do with forex always scares me and I will like to say that this has not helped it too. Though the way you have shared it here too self is good but I wouldn’t be too thrilled about this here though. I like the overview of this here. Thank you
This sounds like such a dodgy business. Is it still operating?
Well, it’s out for me anyway as even at the starter level it’s too much of an initial investment for me.
Thanks for the thorough review, as always you seem to be able to find out the best information about a wide range of business opportunities.
Hello there, I must say this article is really packed…Anyway without any certification of being regulated, with no information of how the trades are being done, it’s definitely shady and I don’t think anyone should go and join such programs at all without proper checked, Even though you can start off low, I would say they better off saving that money and invest it in other places.thanks alot for sharing this awesome article
Seems a bit sketchy giving my hard earned money to someone to invest for me when I don’t have a lot of information on such a person or on how my money would be invested. This is too risky and I am not sure how some people would be willing to give these guys their money hoping they make a profit. There has to be a disclaimer somewhere explaining the risk involved in this business model because to me it sounds too good to be true
According to this MLM compensation plan structure – it is thinly veiled that you basically buy your way up the ranks.
The more you pay, the higher your ranking level. This is definitely not sound Network marketing practice. Especially if there is no training about the product they are meant to be promoting.
If anyone is watching this – do not part with your hard-earned money with the notion you are going to get your money’s worth….You probably won’t make your money back.
And that’s the truth. True Network marketing (MLM) requires sound ongoing training and you definitely have to put the work in. Buying your way up any ranks is normally thoroughly frowned upon.
Thanks for sharing!
It’s always very fishy when a website asks you to make some kind of payment first before you can know anything more about it. I like the way you have given the full detail about this Cash FC group platform. It makes me even more confident. I’m sure you have already saved people with this review and I need to share it with others.
Just looking at their tiers, it screams scam to me lol
Without any certification of being regulated, with no information of how the trades are being done, it’s definitely shady and I don’t think anyone should go and join such programs. Even though you can start off low, I would say they better off saving that money and invest it in other places.
This is probably one of the products that can we can all tell is a scam from far.
Thank you so much for sharing us an interesting and excellent article. The principal content of this article is the Cash FX Group Reviews. It is truly admirable that you have demonstrated this topic so well in your article. I have learned a lot by reading your article and gained a lot of cognition about it. Of the points mentioned in your article, I like Referral Commissions of Cash FX. I would say that before investing in such a website, anyone who needs to invest a little thought is entirely up to you.
Finally, I enjoyed reading your article and I’d like to share your article in my Facebook group if you give me permission.
Hi Tony
A very detailed and comprehensive review of Cash Fx group, something after reading your review I will not waste my time on. I cannot believe they have that many tiers and people are willing are willing to spent up to 100,000 dollars on something that is not proven. To me, it is the same old pyramid schemes, promising a lot and delivering very little. If the bosses are hidden then you should run a mile, as obviously they want to remain hidden. It still shocks me to what lengths people will go to make money.
Thanks
Antonio
It’s so disheartening and disappointing that 90% of the business opportunities we have online nowadays are pure scam, most of them are just out there looking for who to prey. One of the major offs a business can have is not making known it’s real owner, this definitely signifies the fact that something is off. I wouldn’t recommend Cash FX Group cos it’s not plainly organized and more so, it’s an MLM establishment which I don’t encourage that much.
Hi Tony,
Thanks for another lifesaving article!
There have been sooo many stories of online businesses that start up, and months later, there are loud wails from Members or Affiliates, one would expect that the Public would shy away from any new ventures. But the reality is that, people are aware, and people are indeed researching deeply before joining. But there are so many “mutations” that these companies make, it is impossible for us not to continue falling into the traps. One of the things they do, is to disguise under misleading names.
Thanks for providing the link to the Legal frameworks and institutions that people can consult in order to ascertain the legitimacy of online businesses before diving in.
You have once again provided a detailed analysis, enabling you reader to go on and make an informed decision.
I typically stay away from websites that name their products and services with extrapolated naming conventions that only serve to distract the potential buyer away from what it truly is: a scam! Thank you for the review and for warning people to stay away from Cash Forex.
The fact that one has to invest hundreds and thousands of their own dollars just to join higher levels of compensation should be a huge red flag to anyone looking to join. Making money online is never a guarantee, but this is borderline gambling.
I used to work for a pyramid type company. It was truthfully a honest and good company to work for. They always provided great service to the clients, but I hated asking for the sale all the time. The only way to make money was to get people to spend their money on something they truly didnt need. Cash Forex is definitely one of those “nobody needs it” scams.
Hi Tony,
Great to know more information on the Cash FX group. So they have a product to sell – a training product on financial trading education. This seems to pretty new one with domain registered only a year back. But the way of joining is by investing into it – this doesn’t come in a good light to begin with.
There are a number of red flags though – no evidence of trading through which they claim to pay back members. Not registered with the financial transaction agencies. It definitely points out to be a pyramid scheme.
A definite no for me.
Thank you for you honest review on Cash FX Group. It sounds like they have a very nice MLM program as far as the payment plan goes. But with the other issues within itself as you’ve explained, it would be nice if they sort that out and try to make it trustworthy. Now, I know more about them, I’ll stay away from them.
Tony, thanks for the thorough review. My first thoughts as I read your post was that Cash FX Group was all too good to be true. I’d read about it previously on other blogs so this review was intriguing.
I appreciate you informing the online entrepreneur community about this scam and exposing dangerous situations.
I’ll be steering very clear of these folks!
A very detailed review on Cash FX Group, and when I first saw this company advertised I thought it was something to do with investing your money. On coming across this review I see it is yet another of those MLM companies. I have been bitten in the past by these sorts of companies, and won’t try again. This one I couldn’t help noticing seems a lot more expensive than most of the others out there, so what exactly is one getting here? It looks a bit dubious to me, as where do they get the funds to pay out members unless they are simply taking from new members. Eventually, this sort of system crashes and many lose their money.
In my experience with MLM, all the companies with pyramid schemes have bad reputation in the market. When I got to know that many unfair trade practices are carried out and many cases are registered against its company I backed out. I had a very bad experience with MLM. They just need your money and puff they are gone.
I was actually optimistic before towards them but having read this about them. I have totally lost interest in getting g my money into such a shady platform like this. I had burnt my accounts before when it comes to forex and I would not even be willing to lose it to such scam as this. The earning claims actually made me interested before but not anymore. Thanks for sharing this here
Thanks Tony I was just really stressed about whether to invest or not you know the earning they claim you will get here as quite huge to ignore just like that but had a prior experience where I lost 400 bucks to these forex investments , I won’t jump in so quickly now. And with all these complaints I just lost all interest
Sounds suspicious! I would shy away from such companies.This is clearly a Pyramid or ponzi scheme. You will probably just loose all your money. These trading systems are just a play for the gallery. It seems real, but it is all a digital illusion. They often operate from different alloctaions. And with no info on Who owns it says it all.
I really enjoyed the review, but to be honest I was confused of the PV and the GV when you started talking about Affiliate levels. I might recommend putting those in before your explain the levels. Found that part a bit frustrating and then having to search for the definition later. I know I won’t be going with them as their payout schedule looks way to confusing. Thanks for making that an easy No for me.
Thank you for this post. I love your thorough review.
I was suspicious of this website, and I almost decided to start at $300. My idea was to just try it with the least amount of money to see if it is a scam or not. And if it was a scam I would not lose a lot of money.
Fortunately, before doing that, I searched and found your post. After reading your review and the red flags that you raised, I am not going to invest any money.
Thanks for saving me 300 bucks.
Hello there! this is an amazing review you have got here. If I had not read your review on this platform, I would have immediately signed up for it as the claims and commission is on the high side. Thank you very much for sharing this with me, its extremely helpful for me.
Thank you for your post. It is useful for me. I started my online business for a while now and am actively looking for money-making opportunities. Program like Cash FX sounds interesting and could be a target business I am pursuing.
It is so nice that you did a intensive investigation on the program. I agree with you that to avoid investing your money that seems suspicious. You raised so many red flags on the Cash FX. It is apparent that it is not worth your money by taking so high risk.
There are so many program out there that are proved by many. I am going to invest in businesses that have a sound record of achievement.
Yes, Cash Forex Group’s red flags seem to be waving all along their site. They are an interesting site, but there are also many suspicions things I just can’t ignore.
One of the things I don’t like about being scammed if that we’re all responsible for scammers to be out there. We give them our attention… and our dollars. We should know better. I really don’t know if Cash Forex Group is a scam, but better don’t join when there is suspicion stuff.
I find mlm compensation plans very confusing and think that the only one who really benefits from such schemes are the creators and the top line distributors. Just look at what you have to invest to get any return. The mlm model is so out of date as there are much better ways to start a homebased business such as affiliate marketing without even leaving the hourse. I’m curious though to know more about the people this Cash FX Group. Do you have names or other background information about them?
This article on the Cash FX Group has a great deal of information. I honestly was not interested in this group and this article has confirmed that disinterest. The payback percentages and the structure of the different levels are not appealing. Im curious though about the founders of this investment group. You have any background information?
Thanks for sharing such a detailed review.
It seems to me that this company has all the red flags flying in the breeze. No information on the owner, earnings without product or service and income based on investment. It is also a pyramid scheme and is based on your action and the group action. I have been caught on one similar to this before. In general I don’t like MLM programs. The analysis of this scheme gives some useful information which can be adapted to assess other schemes. Thank you Tony
Hello there,thanks for sharing this awesome article I know it would be of great help to the public as it has been of help to me….I have heard a lot about this brand and I have been looking for good reviews on them so as to know if they are legit and I think I would still be on the watch to get more details…as money is involved.
Hi Tony,
thank you so much for this review of the Cash FX Group as you have saved me from making the mistake of joining this program. I commend you for what you do in sharing the truth about online opportunities and also those that aren’t so good at all.
Thanks,
Tamara
The first red flag that I see from this Cash Fx group is that the owner is appear to be unknown. There are so many scams with the Forex courses. They promise that if you invest in the particular currency you will have a lot of returns.
The reality is that investing in the currency that you are not familiar is the highest risk for your investment. You just do not know that country politics or situation. You need years of research. Yes, I am a safe investor like Warren Buffet. To be honest, if I can get the 20% of my return investment I am lucky. 200% is just a joke. There is no way.
I do not have to see their compensation plan. This is totally a scam.
Hola Tony,
Lately i find that u are reviewing a lot of these MLM and/or other sites that promise big bucks. Well, Is Cash FX Group a Scam? From what i read about it, i’m not too sure. There seem to be a whole lot of people who claim that they are Not Getting Paid?
Actually these big ticket companies do manage to impress people a lot by their fancy advertising and cool websites.
It’s a great review TonyLee.
Aparna
I hadn’t heard of CAsh FX prior to reading this review. I do agree that any company that makes high income claims shoudl be able to back them up, given the amount of Fluff and BS on the Internet.
As with any MLM, yu ar going to need to work very hard, to earn any decent money.
Normaly the decent money comes from the growth within your organisation and attractiing the right type of business person to that group, other wise your own income is going to suffer
With Cash FX it seems that trhroug hte various levels, you have to have 100% plus focus in order to earn some decent income.
One of the things that is not good is the lack of testimonials for income. If people are earning good money, then natural endorphines should be encouraging them to say “I have jusr earned XXX” but there is none.
I have bookmarked this post for further more in depoth reading
This is so timely. I was about to be tempted to try this product with high hopes of earning big time in the online world. I thought this is really legit because they make it appear in their presentation that it very easy to earn money using their platform. Anybody who was burned before with other scams (like me) would want to recover their hard earned money. So they are looking ways on how to do it. It’s good that I found this site before committing another mistake. I salute you for your thorough review.
I initially invested a total of $105,000 over a period of 5 weeks. My bonus/profit was $830,000, every attempt to make withdrawal failed and I was instructed to make another deposit of $25,000 before I can make withdrawals which I did. Up till now, I’m still unable to make withdrawals and all attempt to contact broker has failed. This is very pathetic and I felt so bad losing my investment. I did a due diligence test before investing with them but guess what I ended up getting burned. This is to create awareness, not everybody can be as lucky as I was. I’m saying this because I was able to recover my funds. Thanks to a recovery specialist, she’s a private investigator and wealth recovery expert…Thought someone might find this information useful.
Well almost speechless to be frank. I have been reading this kind of article for years after I had a close shave with an AMWAY distribution Network many years ago, a network that was eventually chased out of business by both the UK Government and AMWAY themselves (although their part in the early success of that distribution network remains somewhat questionable)
But this is the most comprehensive deconstruction of a pyramid that I think I have seen. I appreciate the work that you have put into this and the thoroughness with which you have approached it.
I am confident that when would be CASH FX recruits do their due diligence, and some will, though sadly not all, you will have helped many people avoid being fleeced for their savings or on many occassions money that they either cannot afford or just don’t have!
Much respect sir!
Hamish 🧐
Hello Mr. Tony Lee Hamilton- you probably have no idea how many people’s behinds you are going to potentially save as a result of your writing on wether or not is Cash Fx Group a scam- including mines! I’m glad I kept reading because for the most part- I too am suspicious of sites that require you to make an up-front investment in order to see any other additional private level content, and this has red flags all around period! (Thank you!)
I haven’t seen a multi-level Ponzi scheme site in a long while, and I’m not sure if this may mean anything- but recently I have been coming exposed to other kind of multi-level Marketing systems that are legit so I know that internet marketing is always constantly changing-
and eventually people will start to connect the dots then smack their foreheads!
Thank you for this very informative review of Cash FX. As I read through your review, the red flags started to materialize for me. The first red flag is that the people running it are not visible. The next red flag is that there is no real product and what they are selling isn’t very clear. It seems that the money made is in mainly in recruiting which is another red flag. I will follow your recommendation and pass on Cash FX.
Personally I love multi-level marketing. I didn’t know about the Cash FX group before reading your review. I saw the youtube video and I am surprised to see the 17 weeks earn. But they haven’t any product. I like their affiliate commission ROI commission. It’s very lucrative. But without product, no one can sustain in multi-level marketing. I agree with the writer for not investing money on this site. We can work with any company that has a great success story.
Thanks for your review. People can aware of scams from your review.
Hi.
I am a top-leader of AlysDax.
I was advised to write to you.
I know that you are one of the best top leaders too.
Your momentum in other projects is impressive.
I suggest you contact me and discuss individual terms of cooperation in our project.
-Team manager
-Top status
– Leadership bonuses
– Attending large leadership conferences
– Budget for the promotion of team network
For details, contact me in this account.
Thank you so much for sharing such an excellent article with us. I have got a lot of information about the Cash FX group a Scam. Currently many are being cheated. Understanding who is doing business legally and who is doing business illegally is very difficult at present. The cash FX group looks like a pyramid project. Just like every other MLM scam. At any time, the Cash FX group can close the as an invalid pyramid scheme. Thank you for aware of this invalid. After reading your article I became personally aware. I will share your article with my friends so that they can be aware after reading your article.
Wow! This is informative, thanks for reviewing this company. Though I’ve not heard about them before now but I too would have been intrigued by their claims and won’t hesitate to invest with them. I totally agree with your opinion about Cash Fx group as alot of people will loose their money if they are closed down by the Federal trade commission. Thanks for this information.
Hello thanks for these great article about cash fx group but am not into online affiliate marketing but what got real information i will be sure to relate to my friend who is into online marketing and investment thank for your review one has to be careful not fall in scam online that why i stay away from online investment
The internet is overflowing with quick money “opportunities” and so many of them are scams. That’s why it’s important to always research such companies or platforms before signing up with them. I am a bit shocked at the level of investments that Cash FX asks, but since they trade money, it is probably to be expected that you should invest large amounts of money to get a high return, right? Do you make more money when you recruit other people or can you just make money by investing your funds? I just don’t trust pyramid schemes and that is the one thing that would put me off doing this. I wouldn’t spend so much money on the internet on a company like Cash FX of which I have never heard before anyway …
Thanks for another great review and for keeping us up to date on what is going on in the internet jungle out there!
Hey bro, this is a good review of Cash FX Group. I found it exactly when I needed it, a friend on Facebook is recruiting me to join this company. Instead of joining him immediately, I usually check for reviews online to see if it is worth my time and money. In the past, MLMs like have cost me more money than what I’ve earned with them because of the monthly maintenance requirement where the company requires its members to keep paying the company so they will remain active in the compensation plan. I’d like to know if this company has that feature.
Hi.
I am a top-leader of AlysDax.
I was advised to write to you.
I know that you are one of the best top leaders too.
Your momentum in other projects is impressive.
I suggest you contact me and discuss individual terms of cooperation in our project.
-Team manager
-Top status
– Leadership bonuses
– Attending large leadership conferences
– Budget for the promotion of team network
For details, contact me in this account
Thank you for this review, the moment I saw in your review that Cash Fx has no product but all they sell is a referral based system. To top it up, the owner of the system is FACE-LESS. I love your number one recommendation on selling high value ticket through an online business and very good it is friendly for newbies.
Hello, I really want to first appreciate your effort in putting this great website together and writing this article. whenever i hear the name cash fx, the first thing that comes to my mind is scam. i know about two people who has lost most of their funds and resources on this platform. thank you for the review.
I for one think that this cash fx group is a scam if not, where are the details of the owners? what are the products people are investing on? I have been a victim of such scam in the past, MMM just to name one and about two others I cannot remember because the websites would not open any more after I had deposited money. Lots of scammers everywhere on the internet, I would not advise anyone or recommend this to anyone. Please steer clear if you value your money. Your detailed information on how this works is explanations enough to know that this is not a legitimate business.
It has been working very well for me. Here is a great unbiased 147 day review in 20 different videos by one of the most trusted crypto/trade advisors. May be worth a watch.
https://www.youtube.com/playlist?list=PLlT64IXCE3I6QLaImQ4h9MEy0ZDJoNbCu
Thank you very much Raymond for sharing my friend!
Great review. Millions of people are losing their hard earned money on illegal pyramid ponzi schemes, but they continue investing in them. Cash FX Group is a pyramid scheme, and will be shut down soon. Those who joined earlier have multiplied their investments. Anyone who joins now is at risk of losing his investment.
You’re definitely right on this one. My scam sensors went off when I saw all those ranking systems.
A telltale sign something is wrong is when the system is so complex that people will end up not wanting to bother understanding it.
And that’s exactly what they want. They don’t want people to actually try to understand what’s going on.
That’s why they deliberately made it complex and difficult to understand.
Since the system isn’t just clear and transparent, it’ll all be based on wishful thinking and promises, rather than proper insight and facts.
Hi Tony, before now I had never heard of Cash FX group and from what you’ve described it sounds like we should stay well clear of them as there’s nothing about the company that makes it seem like a worthy investment and its a sizeable chunk of change to get started on the ROI side if things as well.
As far as the MLM side of the business is concerned, it is as you say, more of a pyramid scheme. Which, in my mind gives real MLM a bad name. Thanks so much for writing about this company, I hope it serves as a good warning to others as well.
Pete.
Great article Tony. There are so many fraudulent companies these days that it’s hard to tell who is legit and who isn’t. You did a really good job at breaking down how Cash FX Group operates. Anytime I come across a company that sounds like a ponzi scheme, I run the other way. I don’t understand how they say they’re a forex trading group but yet the only way to make money is to continue to recruit other people. I definitely enjoyed reading.
Hey, I found many negative review on Cash FX and it look likes a pyramid scheme. Just like all other MLM Ponzi schemes. Anytime Federal Trade Commission shuts down CashFX Group as an illegal pyramid ponzi scheme. You are doing an awesome work to keep people away from these illegal pyramid ponzi scheme. Keep this grate work up for peoples.
Thanks for this illuminating review of the Cash FX Group. You have really explained clearly what this MLM company is all about. As I was reading through the content, I could not help shaking my head as each red flag for me was touched on. I am not a fan of MLM companies, and this one is especially bad.
I totally agree that it will not take long for the FTC to shut this operation down. I do hope that not too many people get talked into investing in this, as all the signs are there that they will lose their money. Perhaps the early investors may make a little money, but the most will be losers. This is one I will stay away from!
Thank you so much for doing this thorough research on making money online with cash fx group. I am so happy that there are people like you who invest and research these ‘opportunities ‘ where people easily can lose a lot of their hard-earned dollars. I personally never heard about this Cash FX group, but in the past, I definitely last some money myself by investing money in a mlm structured company and it’s not much fun to lose your hard-earned money.
‘What sounds too good to be true, is often too good to be true’. I believe that success cost hard work, either doing t online or ofline. It is just a shame and very sad there are so many not legit companies out there trying to empty peoples wallets with false claims. Thank you for doing such a great job with your research to warn people about this company. Jude
Thanks for your input on the cash-fx group, at the rate you could make money with these guys would make me want to jump right in and get started, but I don’t think it will be today.
Anything that seems to good to be true is a good one to shy away from, especially if the FTC will more than likely be shutting them down. A lot of great information to become more informed of their practices.
The name of the scheme is so misleading. At first glance I actually thought it was a Forex trading platform.
It seems like Cash Fx is just a recruitment scheme with no real services or product. I don’t foresee it can last long as pyramid scheme is usually not sustainable. I will definitely give it a miss.
What an in-depth and useful review! I was looking for something just like this before I delved into something I would ultimately regret. Thanks for pointing out so many clear red flags. It’s funny how when something sounds too good to be true, we know it, yet our wishful thinking often gets in the way of making a rational decision.
Thanks to your detailed analysis, I won’t have to be making that mistake!
So you can easily double or even quadruple your money with the Cash FX Group system. Sounds too good to be true. Compensation system is complicated with many levels so you can’t figure out how they are moving all the money around. Another pyramid scheme designed to seduce those looking for a get rich quick formula. Thanks for the review, Tony.
JR
Absolutely JR,
I agree my friend, too good to be true and now they aren’t paying out …….
I’m glad that I nor anyone that i know personally has fallen for this scheme.
You are welcome and thank you JR,
Tony
Never knew of Cash FX Group. But from what you’ve outlined so far, I feel is not a good idea to join the system. There are so many red flags I’ve noticed and I can’t blindly follow them on that.
If anyone wants to be serious about making money for themselves, they should be ready to put in the hard work to build an online business that will give them passive income in the long run.
We should avoid websites like this that no information about who run or owns it, and also, they seem not to provide any evidence of trading. I wouldn’t trust such company with my money. Such companies like this may get shutdown by Federal Trade Commission sooner or later.
Absolutely Kell, thank you my friend!
I am always worried about these so called multi-level marketing companies. They typically are just what you said, a pyramid Ponzi scheme. How long does it normally take the Federal Trade Commission to investigate websites like these, and are the people who have invested money into it able to get their money back if they find it to be illegal? Such a shame that websites like Cash FX take advantage of people and make it difficult for honest opportunities to succeed because people are so worried that they will be scams. Thank you for taking the time to research this so that at least some people will not join and lose their money.
There isn’t a specific amount of time for investigations Travis, each case and situation is different.
Hopefully those that were taken advantage of will someday recover their so called investment.
You are welcome and thank you my friend,
Tony
It is incredible how well could be the image of a company be developed being actually nothing more than a Scam. Whenever investing your money you should get the correspondent due diligence done.
I love the way you’ve written your post. One of the former videos almost makes me fall into the trap.
Thanks for a great review!
You are welcome Juan my friend & thank you!
Tony
I was already getting drawn into the potentials of joining this cash FX group because of the possibilities to make quite a lot of money with them before. Wow! Thanks so much for sharing this review here. I personally find this information helpful as I would definitely stay off them right now. Thanks a lot for sharing this here.
You are welcome Rodarrick, it’s my pleasure to review programs for friends my friend.
Tony
Thanks a lot for such an amazing review of the Cash FX Group and explanations are given.
I have heard many times about Cash FX Group and it seems like a good way to make a passive income. I have been searching for an article for a long time about this but I did not find much on the internet and if I found it it was very poorly explained. When I came to this site I found out everything I needed. I will definitely try this method.
Thanks again for this post. If you don’t mind, I will share this article on my social media account. Good luck!
You are welcome my friend but keep in mind that I am not a representative and don’t recommend it.
Thanks for sharing this detailed review of Cash FX Group. From what I have seen so far about Cash FX Group, I have no doubt and I agree 100% that this group is a Ponzi Scheme group because they don’t actually have real products or services to sell or render. I don’t like the idea at all. What gives me concern again is that the owner is unknown. If he or she truly has confidence in his or her program, there’d not be a need to hide identity.
Regards!
Thank you my friend!
Thank you so much for the awesome post! I think, like you, Cash FX Group is probably going to get shut down in the near future, due to it’s pyramid like scheme. I’m actually surprised it has not been done yet honestly. At any rate, I’m glad I read this review. There seems to be a lot going on as far as how to make money with them, and to me it seems really confusing. I wonder if that is done on purpose.
You are welcome Jessie and thank you my friend.