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Edward Duffy asked 2 months ago

Forex Trading Scheme

Hi everyone, I have been asked if I wanted to invest money in Cash Forex Group. Has anyone any knowledge of this organization? Some of the information on the net is saying it is nothing but a MLM and is not really into FX trading. I would welcome any feedback as I am applying the if it quacks like a duck and sounds like a duck it usually is a duck.

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5 Answers
Gareth White answered 2 months ago

Hi Edward, CFG is a Ponzi scheme. There have been loads of warnings come up about it in the UK and as its unregulated I would steer clear

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Nnaemeka Victor answered 2 months ago

You have gotten answer you need through your inquiry online. Don’t think of investing your hard earned money in cash forex group.

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Edward Duffy answered 2 months ago

Thanks guys, that is my thought and I didn’t want to but just putting it out there to get everyone’s opinion and my further research says that it is just another MLM.

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Kenneth Ogbonnaya answered 2 months ago

I did not know about cash forex group.

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Ahmad Khasan answered 2 months ago

I have checked the website Edward. It seems they are an introducing broker that provides educational material to members. I don’t understand exactly how they work, but they are offering courses in fundamental and technical trading strategies for member who registered and deposit a predefined amount of money on the broker that they are associated with.

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