It's a CONFIRMED scam broker/company, recover your stolen funds by filling out the form below and you will get a FREE Mychargeback consultation today:
CFXPoint (Cfxpoint.com) is a Forex trading scam platform that has hit the financial world. After receiving numerous email complaints from subscribers, we decided to have a look. Shocked by our findings, we decided to share it with you. No one should ever lose money with fake scam brokers. Here, we will reveal all the dirty tricks these scam artists have used to defraud people. Read this detailed and honest review.
According to the homepage, CFXPoint claims to trade and invest securely with Forex. Traders are promised an enriched trading experience that is unmatched. Members are also urged to join this platform as they will be trained to become expert investors. By reading tutorials and eBooks, members are promised to become expert traders within no time. All these sounds too good to be true. Cause it isn’t. We are dealing with a professional scam outfit.
Fake promises are what scam artists rely on to lure unsuspecting investors. Claims such as fast and secure platform will immediately raise trust among investors. Other promises that CFXPoint is using include being an award-winning broker. Users are also promised a unique user experience in the world of online FX trading. Having said this, we simply had to conduct a thorough investigation and below is proof of scam.
Always get the best and most trusted Forex brokers on your corner for maximum Forex trading experience. With reputable and trusted Forex brokers, you will never miss a chance to make real profits. Members also get the chance of trading with ease and simplicity. Why don’t you get signed up with one today and enjoy the perks of Forex trading?
First red flags that we noticed was the platform they were using. According to their website, you can easily get MT4 platform, Sirix Crypto, web and mobile trader, and Activ8. Folks, we tried downloading these platforms on our devices. Sadly, none of the platforms worked on our devices as download stalled at 27%. It must be mentioned that this is highly unusual and unorthodox. Simply put, their platforms are useless.
Users can only use their web-based platforms which is at a disadvantage to mobile traders. Some traders prefer to trade on the go. Notice how their platform is unstable? It means that hackers can easily gain access to this platform and do as they want. Without SSL encryption protection, it makes this platform vulnerable to cyber-attacks. Who would sign up with a platform that can easily be manipulated by hackers? We’re guessing certainly not you.
👉 Are you looking for a Forex Robot that offers realistic returns even when the markets are volatile or down? Golden Pickaxe is the BEST Forex robot using low risk and EARNING a whopping 47.93% monthly profit margin. You get a robot offering the best in terms of safety and guaranteed profits no matter the risks. A gold-driven EA robot, the robot was created and developed over ten years. It has the pedigree to offer gold traders a profitable all-year-long profit regardless of market conditions. We have tested the platform, and it has seen remarkable profit margins for the past 15 months. The well-known trader developer (Valeriia), put the robot out there for any trader to confirm its realistic profitability. And the robot was tested and seen to be even better than what we thought was the best, Waka Waka. Golden Pickaxe is now one of the best-proven forex robots that offer profitable outcomes, and all data are third-party verified independently via Myfxbook. The balance volume for Golden Pickaxe is there for anyone to see. And that means you get a transparent Forex robot guaranteeing results. Even when facing drawbacks of 37.47%, the robot balances the profits. With an automated trading robot, you can receive near-perfect signals for trading gold. And that’s what every trader needs when investing in Gold. So what are you waiting for? We have tested the robot and Guarantee it’s a perfect match for you. Start earning realistic profit margins from forex trading with a LOW-RISK thanks to Golden Pickaxe. We have been using it even when the gold market was risky. Thanks to this automated forex robot, you can earn 47.93% ROI or more per month consistently. Complete beginners to Forex can start and immediately start earning a stable and reliable income with it. What's more? You don’t even have to deposit funds with your broker when using the Golden Pickaxe robot. Just register with a Broker such as IC Markets or Coinexx (for US-based traders); there’s no need to deposit your real funds with them. Instead, use the Golden Pickaxe robot to pass a funded account challenge on FTMO. No worries, it’s very easy to pass once you install the EA. Once you pass the challenge, FTMO funds your account with real live funds depending on the challenge you passed, then you can simply carry on trading with the EA on the live account and request payouts monthly whenever you want to withdraw your profits. All challenges and trading are done automatically by the Golden Pickaxe robot, so you don't have to worry. Or... if you don't like the idea of a trading challenge/evaluation, you can simply buy a cheap funded account with prop firms we recommend like FundYourFx, get instant funding of a real account, then start using the robot to trade, profit and make weekly withdrawals, very easy. If you have any questions or want help with the setup, head over to our live chat and ask for Corey Woods. Corey will help you with any issues, problems, or initial setup along the way. Here’s your chance to start trading Gold and earn with an AUTHENTIC, PROVEN, AND SAFE Forex Robot. Sign up today for a chance to get a reliable side income with GOLDEN PICKAXE. Click the button below to buy the EA, then contact me on live chat if you need any help setting up the whole thing.
Readers, another shocking detail we learned was about their demo account. Investigating CFXPoint led us to opening a demo account and we noticed some discrepancies. For instance, we would place winning trades and surprisingly win. It seems that the platform is rigged to ensure users make winning trades. Notice that this is only happening with their demo trading account. Why could this be happening?
Scam artists are good at luring people into signing up with them. What CFXPoint scam artists have done is rig the demo account. It ensures that investors will use the demo account and make winning trades. Once they have laid this trap, investors are led to believe they can actually profit from CFXPoint. Wouldn’t you sign up with CFXPoint if it actually made winning trades? Sadly, all these are rigged trades meant to lure you into signing up.
Users are asked to refer friends and family to this fake Forex broker platform. Once you do this, you and your friends will lose money together. Affiliate programs used by scammers are meant to enlarge the trap set. It’s also a form of marketing strategy where they don’t need to advertise. Members do all the donkey work for them. Note that this is in a way an accomplice to crime. Members are asked to stay away from this venture.
Another affiliate program is the business affiliate. As their business affiliate, you are responsible to promote the product for them. Promotion can include high traffic websites, blogs and others. Doing this will be aiding and abetting financial fraud. Why can’t these scammers higher real promoters? It’s because reputable promoters don’t want a hand in scamming millions of people. No one has even been paid for promoting this website, it all looks phony.
Since no trader is the same, CFXPoint offers a wide selection of trading accounts. Each account is tailored to benefit a certain type of investor. Investors can choose between three different account types. Users can either choose to have the Silver account. A Silver account holder must make a minimum deposit of $1000 to start trading. To be honest, this is way above the industry recommended value of $250.
Gold account holders on the other hand must make a minimum deposit of $2500. These account holders get a sign-up bonus of 30%. Platinum account holders must cough up $25000 to start trading with CFXPoint. With this account, members are eligible for 50% bonus for opening an account. All these accounts come with different perks as we mentioned such as trader rebate on request.
Alternatives to fake Forex brokers can easily be found thanks to Forex trading robots. Distinguished and acclaimed Forex trading robots are best used to get maximum returns. Credible Forex trading robots ensure safety of members as well as ease of trading. Get one today and stand a chance of making some real money.
Notice to all our readers is that issuance of bonuses in Forex trading is strictly prohibited. No one should be allowed to offer bonuses to the public. All regulatory bodies are against use of bonuses as brokers take advantage of this. Brokers normally withhold withdrawals in the pretext that users must pay for bonuses used. Why then would they offer bonuses to members? It is simply a scheme to lure investors into signing up with CFXPoint.
Hell NO! CFXPoint has not being regulated by any regulatory institution. Furthermore, this is an offshore broker which means following set rules and regulations is next to impossible. Contacting the FCA and CySEC was the only way we could confirm CFXPoint was actually regulated. Sadly, none of these regulatory bodies has ever registered this fake Forex platform. It makes us question the real motive behind such a broker.
Without a doubt we have a scam in our hands. From the evidence gathered, we are sure that CFXPoint is nothing but a scam. Why would a legitimate platform fail to be recognized by regulatory bodies? It’s simply because we are dealing with an unknown entity. Another alarming detail is the level of anonymity these brokers have kept. No one can even know who the owner of this firm actually is.
Due to concrete evidence on our hands, we believe that CFXPoint is a scam. From offering bonuses to not being regulated, this is definitely a scam. As ardent Forex investors and traders, we have no other option but to blacklist CFXPoint as a scam.
Always go for dependable and trustworthy Forex brokers. Faithful and truthful Forex brokers ensure you trade safely and with ease. Get excellent services from Forex brokers who are backed by the trading community. It’s the only way to trade safely and easily.
Stay safe and trade with ease.
Valforex.com will not be liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity. All trademarks, images and logos that appear on this site are copyrights of their respective owners and have been used under the Act of Fair Use.
One Reply to “CFXPoint Review: Cfxpoint.com Dishonest Forex Scam Broker Denounced”
Fill out the form below to recover your lost funds from this scam company
Hallo! Ich bin schon seit Oktober 2018 dabei und habe zuerst 200 € investiert und mit einem Broker namens James Anderson gesprochen. Er war nett und freundlich. Zuerst lief alles gut, wir haben auf Währungen gesetzt und ich habe meine Investition fast verdreifacht. James hat mich bezüglich noch höhere Investitionen gefragt, weil da die Chancen größer sind. Ich habe noch 500 € investiert. Es ist aber immer noch zu wenig, sagte er mir. Er wollte mit mir größere Trades setzen. Dann habe ich noch 1600 € überwiesen. Dann habe ich angefangen langsam zu verlieren. Er hatte noch einen Vorschlag für mich. Er schlug mir ein Bitcoin-Projekt vor. Hierzu braucht man natürlich mehr Geld (50.000 €), aber es gibt in drei Monate ein sicheres Gewinn (250.000 €). Es ist alles versichert, sagte er mir. Im Fall wenn etwas schief gehen sollte, bekomme ich meine komplette Investition zurück. Es ist kein Trading mehr ist, sondern eine richtige Aktie und er möchte mir die Einstieg warmherzig empfehlen. Er hat mir ständig erzählt, dass er früher, wo er noch so arm war, hatte auch in solche Projekte investiert und hat jetzt 12 Autos daheim stehen. Er hat mich immer gefragt was ich mit so viel Geld machen werde. Und welch tolle Sachen ich mir leisten kann. Er hat mich jeden Tag angerufen und gefragt, ob ich mich schon entschieden habe. Ich habe mit meinem Mann ein Kredit (50.000 €) aufgenimmen und zuerst zu einem Unternehmen namens cryptomarkthalle überwiesen. Der James hat alles überprüft und dabei geholfen, da wir uns mit Bitcoin nicht auskannten. Er sagt uns dass wir für 50.000 bircoins kaufen sollen und diese auf unsere Brieftaschenadresse (die in meinem Account stand und lautete (1BwCRwYkqHTWBePZfYeywFFizrWf3pb3VU ) überweisen sollen. Er wollte die Überweisungskopien als Bestätigung haben. Haben wir alles gemacht. Klar, die 50.000 € landeten auf mein Account Konto. Danach ging alles schief. Mein Konto fiel tiefer und tiefer. Und von unseren 50.000 € sind nur noch 7.830 € geblieben. Danach meldete sich ein anderer Broker bei uns, der Maximilian, und sagte dass der James nicht mehr da ist. Er wusste nicht wo er sein kann. Ich fragte ihn bezüglich des Bitcoin-Projekts, davon wusste er nichts. Er hat mir geraten dass ich dieses Projekt einfach vergessen soll. Aber er hat ein Vorschlag für uns, und er lautet Cannabis-Projekt. Aber dazu braucht mann wieder 50.000 €. Ich konnte es nicht mehr hören. Ich habe den Restbetrag zurück gefordert. Er lachte mich am Telefon aus. Wir haben sofort unsere Anwältin eingeschaltet. Sie hat schon zwei Schreiben mit der Fristsetzung zu CFX Point geschickt. Keine Reaktionen. Sie rufen uns ständig an und befehlen uns weiter zu traden. Und übrigens, die Brieftaschenadresse habe ich im Internet angeschaut. Da läuft eine wahnsinnsmenge Geld durch. Also, meine Brieftaschenadresse kann das unmöglich sein. Wir sind total verzweifelt und möchten über die Staatanwaltschaft und Finanzpolizei gegen CFX Point vorgehen. Bitte, fällt nicht auf die sogenannte “Projekte” rein!