CFXPoint is an offshore based Forex broker that offers a wide range of tradeable financial assets. The broker provides MT4 and a web-based Sirix platform for trading. The minimum deposit is a staggering $1000 and has a leverage ratio up to 1:400. The entity also provoked access to various educational and trading tools.
Is CFXPoint A Licensed Broker?
CFXPoint is an unregulated platform owned by KLDC Technological Systems Ltd, a company incorporated in the Marshall Islands. Being an offshore entity, it ultimately comes under the legal radar, and the truth is also similar to that. The entity is illegitimate and works illegally.
Should You Invest With CFXPoint?
CFXPoint is a highly suspicious platform. It fails to create a provision for the safety of the client’s funds. Moreover, the lack of regulations and transparency creates a sense of uncertainty among investors. Hence, we recommend avoiding such an entity for any sort of investments.
What To Do If You Have Been Scammed By CFXPoint?
CFXPoinnt reviews indicate some major red flags in the market. The Italian financial authority CONSOB has issued a serious warning against the entity. In case, if your money is being duped by CFXPoint, approach us. We will deliver our best efforts to retrieve your lost money.
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