Cash FX Group

Cash FX is a multilevel marketing forex trading scheme that promises passive returns on investment by a forex trading bot.

The company has no products or services. The only income is generated through the recruitment of other members.

Regulator warnings

The UK financial regulator, the FCA issued a warning against the Cash FX Group in December 2019 saying the company does not have authorisation to sell financial services or products in the UK.

The Financial Supervisory Authority of Norway (Finanstilsynet) has issued a statement saying Cash FX is not authorized to provide investment services in Norway.

United Kingdom: https://fca.org.uk/news/warnings/cash-fx-group
Canada (British Columbia): https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2020/cash-forex-group
Norway: https://finanstilsynet.no/en/investor-alerts/2020/cash-fx-group/
Panama: https://supervalores.gob.pa/component/content/article/215-informacion-del-mercado/varios-alertas-al-inversionista/10485-cash-fx-group-s-a-comunicado-publico
The Bahamas: https://scb.gov.bs/wp-content/uploads/2020/12/SCB-Notice-No.-13-of-2020.pdf
Spain: https://lautorite.qc.ca/en/general-public/fraud-prevention/illegal-on-line-trading-platforms/warning-list-of-websites-and-companies-that-solicit-investors-illegally

In the News

Brutal Scams - Cash Forex Review - T Bob
FCA - British Regulatory warning - FCA
Cash FX Group Review: 200% to 400% ROI trading bot securities fraud - Behind MLM
Cash FX Group withdraw delays suggest imminent collapse - Behind MLM
Cash FX Group - Investor Alerts - Finanstilsynet