Forex CFX Trading Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.5

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.7

Business 1.0

Risk Control 1.3

Software 2.0

Regulatory 1.5

Terminal Snapshot

CFX Trading Conditions

Registered Region China

Operating Period 2-5 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@cashfxgroup.com

Contact Number N/A

Website cashfxgroup.ma

Balanced Review

Pros & Cons

Pros

Access to a variety of trading instruments
Utilizes popular platforms: MetaTrader 4 and MetaTrader 5
Demo account available for practice
Customer support available 24/5
Flexible account opening process

Cons

Not regulated by any recognized financial authority
Withdrawal fee of 20% applies
Limited educational resources available
Potential risks associated with trading activities
Variety of investment plans may not suit all traders

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	CFX	CITIC Futures	HUA TAI	AvaTrade
Operating Period	2-5 years	See review	See review	See review
Region	China	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.5/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does CFX Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners and casual traders	Access to a variety of trading instruments	Suitable for small-capital practice
Professional Account	Experienced traders	Potential for higher leverage and trading volume	Requires demonstration of trading experience
Demo Account	New traders and those testing strategies	Practice trading without real capital	Ideal for skill development

Account Opening Process

To open an account with CFX, potential traders must follow a structured process that includes submitting personal information, employment details, and financial background. Identity verification is required, which typically involves providing an identification document and proof of address. Additionally, traders may have the flexibility to upgrade their accounts to a professional status later on, depending on their trading activity and experience.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	Varies	Varies	Tight spreads available for popular pairs
CFDs (Stocks, Indices, Commodities)	Varies	Varies	Competitive conditions based on market
Cryptocurrencies	Varies	Varies	Fees may fluctuate with market volatility

Other Fees

Clients should also be aware of other potential fees, including deposit and withdrawal fees. For withdrawals, a fee of 20% applies. Additionally, inactivity fees may be charged if the account remains dormant for a specified period. Users should also consider any potential platform usage fees and overnight interest (swap rates) that may apply. Currency conversion fees can also be relevant for traders dealing in multiple currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

CFX User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

John Smith

Los Angeles

★ ★ ★ ★ ★

I’ve been trading with CFX for about a year now, and I appreciate the range of instruments they offer. The MetaTrader platforms are user-friendly and provide all the tools I need. Customer support has been helpful when I had questions, although sometimes response times could be better. Overall, a solid experience so far.

Emily Johnson

New York

★ ★ ★ ★ ★

CFX has been fantastic for my trading needs! The interface is easy to navigate, and I love the access to both forex and cryptocurrencies. The demo account helped me get started without any pressure. I’ve enjoyed my experience and feel confident in my trading strategies.

Michael Brown

Toronto

★ ★ ★ ★ ★

I faced issues with withdrawals at CFX. It took longer than expected to get my funds, and the 20% withdrawal fee is quite high. I also found the lack of regulation concerning. I would suggest looking for more established options.

Sarah Davis

London

★ ★ ★ ★ ★

Extremely disappointed with CFX. I had a terrible experience trying to withdraw my money, and customer support was unresponsive. The platform seems promising, but the withdrawal process is a nightmare. I would not recommend this broker.

China Market