Cash FX Review (2023 Update): Everything You Wanted To Know!
Welcome to my review of Cash FX Group by Huascar Lopez and Edwin Abad. There's a lot of talk about how this trading group may help your money increase gradually.
It gets you excited by telling you that all you have to do is sit back and wait for your profits to arrive in your account. This made me skeptical, and I believe it did the same for you.
So, in this review, I'll explain what I found about this Forex group after conducting extensive research.
Whether you want to try Cash FX Group and discover how you may earn money online, read this Cash FX group review first to see if it's a legitimate business or just another Ponzi scheme.
This Cash FX review has been thoroughly researched with information and testimonials that are available to anyone in the public. Any conclusions drawn by myself are opinions.
- Impressive student results
- Excellent advice
- Transparent company
- Negative reviews
- Pushy sales
- Collect money from people
Why Listen To UsMy name is Josiah, and this is my Dad, Joel.
Together, we make up the team here at Scamrisk.
If you’ll let me bother you for two minutes, I’d like to quickly explain why I’m even here writing this review.
In early 2020, I had just graduated from college & had no real career prospects.
I knew I was destined for something more, but I had no clue how I was going to make it happen.
I had this sinking feeling in my gut all the time… like the “big man upstairs” had accidentally given me the version of life where I’d be mediocre forever, instead of the one where I was, ya know – happy & fulfilled.
I had fiddled around with some different online businesses in college:
Some random MLMs, a bit of affiliate marketing, a (failed) dropshipping store or two, all the usual suspects.
Even my dad had been involved in MLMs back in the day… selling knives & other random nonsense people (probably) didn’t need.
All I really wanted was to find something that was going to actually work for me.
Maybe those things had worked for others, but for me it all turned up a fat “0” in the bank account department.
So I searched! And searched… and searched… and searched…
And eventually, I somehow stumbled upon a program that promised to help me build an income online (read about it here if you’re curious).
I didn’t really want to be “rich”.
The thought of making a reliable $5K per month & not having to worry about clocking in to a 9-to-5 ever again was all I needed.
Sure, there were people in the program doing high-6 and low-7 figures per year… but that wasn’t what I was out for.
I just wanted to provide freedom for myself, and if I was lucky, take my family along for the ride.
Fast forward a few days and a few phone calls & I was enrolled!
Here’s the first “money making website” I put up:
I built that site in 2020, and it still makes me $1,500 per month. It’s a basic 5 page website I built based on a template the program provides.
The best part to me? My dad and I get to do it all together!
So between the:
Is why I recommend local lead generation as my #1 business model for making money online.
Sure, it takes some work and dedication – but anyone that tells you that there’s a business out there that requires no work is selling you a lemon.
I’m not saying you need to sign up for the same program I did, but I would definitely recommend giving the business model a peek!
You probably discovered Cashfx for the same reason you might have come across any other financial newsletter, trading service, or investment program: Because you want more money in less time. And chances are, you want to quickly multiply the money you do have (as opposed to waiting months or even years to see a decent ROI).
This is a really exciting promise, and it’s probably why the financial publishing and training industry is worth billions of dollars. The problem is, because the idea of doubling, tripling, or 10X-ing your money in a few minutes to a few days is so enticing, there are a ton of shady characters in this space.
But, putting that aside, let’s say every investing guru and “trading expert” on the internet had the best of intentions. Even with proprietary algorithms, a room full of supercomputers, and a team of rocket scientists, most of these experts would be lucky to get it right 20% of the time.
Now sure, we’re talking about asymmetric bets here, so theoretically the winners should more than make up for the losers. But in order to make that happen, you can NEVER miss a trade. With a 20% success rate (speaking optimistically), one missed winner could turn a profitable month into a loser.
That’s a lot of pressure and a lot of stress (not to mention a lot of losing) with not much certainty. But what if there was a way you could build a passive income stream that’s actually passive?
An income stream that doesn’t require:
- Constantly monitoring your phone for buy/sell alerts
- Obsessively watching charts and movement
- The emotional roller coaster and angst of hoping one winner can cover the last 8 losses
- Gambler’s odds (20% chance of success is worse than the odds of winning at Blackjack)
An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)? An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day monitoring charts, trades, and alerts?
If that sounds like something you’d be interested in, check out Digital Leasing.
However, if you’d still like to know more about Cashfx, keep reading.
What Is Cash FX?
Cash FX Group is a multi-level marketing company that offers you the opportunity to earn money through guaranteed ROI and referral commissions. The company offers an investment opportunity with financial trading education levels that reflect the cost of joining at each level. The CFX vision has always been a full-service forex experience, from fully-automated forex participation to a global membership. With Cash Forex Group, they will associate you with the best group of traders internationally, with a combined experience of more than 15 years.
However, if you're trying to learn about forex trading and want to improve your skills, Cash FX has a training Academy called Cash FX Academy. Cash FX's business model combines assisted trading systems with algorithms in the Forex Market, Network Marketing, and Interactive Educational Programs to provide their global membership with a one-of-a-kind experience. With its automated tools and global membership, there are several chances to profit from the world's largest financial market.
The Names Behind The Company
He is a Dominican Republic native with a marketing degree and a passion for business. According to his profile, he has traded over one hundred million dollars since focusing on trading in 2016.
Edwin, also from the Dominican Republic, started and ran traditional businesses before switching to Forex. No names, founders, administrators, or traders were mentioned when the website was first created.
I think this is a significant step in developing their reputation because, with names and faces, people can trust them more since they are no longer strangers, and you are not transferring money to individuals you do not know. I, personally, won’t invest all my money in a company that doesn’t have any reputation and name.
How Cash FX Works
First, you create an account and select from a wide choice of Trading Packs divided into three series:
- The Elemental Series
- The Advanced Series
- The Supreme Series
The trade packs range in price from $300 to $100,000. If you invest $100,000 in this business, make sure it is a legitimate business. This is where the 30/70 split occurs. The academy pack receives 30% of your payment, regardless of your selected trading pack. The remaining 70% represents your investment.
Each trade pack has a point value that determines your place in the matrix. Cash FX Group claims to provide a 200 % or 400 % return on investment. When that maximum is reached, you can choose to reinvest all the money you've got in order to earn more. If you want financial freedom and financial success, this can help you achieve that!
Cash FX Group Reward Plans
There are two different ways: Bull Capital and Bear Capital.
The Bear Capital is where you make money from your investment, and the Bull Capital is where you make money by recruiting others. The Bull Capital offers four different sorts of bonuses: the Fast Start Bonus, the Uni-level Bonus, the Matching Matrix Bonus, and the Leadership rank Bonus.
The Cash FX Group website primarily offers a "Trading Academy" with various deposit plans. When you invest in these plans, the website says that a portion of your money will be assigned to a trading pool, which will be handled by a team of in-house "professional traders," ensuring high passive returns.
What Is The Cost To Join Cash FX Group?
$300 is the minimum cost to join Cash FX Group. However, the company provides numerous investment amounts ranging from $1,000 to $100,000. Remember that you should still be careful since forex trading is never guaranteed.
Is Cash FX A Scam?
So, is Cash FX a scam? Not technically. You can make money with it, but it’s definitely not as easy Huascar and Edwin as makes it sound. Again, with any kind of financial product (especially trading), you’re taking on a lot of risk.
Sure, you could hit it big and retire in Italy, but chances are you need the stomach and financial cushion to weather tons of losses before you get there...and it may never happen.
Most of the big gains numbers these companies use in their marketing (“xyz grew by 4,112% in 3 months” or “this option made 324% in just 2 days”) are cherry-picked.
They don’t tell you about the 10 100% losers that came before. In other words, if you invested $100 into 11 recommendations, you’d lose $1,000, and make back $324...so you’d still be out almost $700. Most people don’t have the fortitude to stick it out through 3 straight months of losers in the hopes of landing one big winner.
What if, instead, you took those same 3 months, invested just a couple hours a day (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?
And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week? And what if you could double it next week?
Well, that’s the power of Digital Leasing. It’s a true lifestyle business. Your laptop and an internet connection is all you need.
Some of the most successful students in this program run their entire 6-figure businesses from:
- A camper in the middle of the woods
- A beach chair on the water in Mexico
- A small villa in Greece
They’re able to travel around, living their lives first, and focusing on their income second.
Because even if they stop working for an extended period of time, the money keeps coming in.
So adventure, memories, and experience are the top priority. And they never have to worry about how to pay for the next trip, or consider asking for time off. If this sounds more like the type of life you want to lead, just click here to find out more about Digital Leasing.
Are There Alternatives To Cash FX?
Yes, there are plenty of other business models to choose from if you want to pursue this making money online. Here are just a few:
What Is Our Top Recommendation In Making Money Online In 2023?
Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs. While there may be no “perfect business”, the research IS conclusive:
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is for you. Why?
1. It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Leasing business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day. This is only possible if you have an income stream that’s not tied to your time.
2. You Own & Control EVERYTHING: With anything in the financial markets, you own and control NOTHING. You have no say in price fluctuations, demand, or what the market will do.
Trying to beat the market is fighting against the tide. There’s just too much working against you, no matter how many supercomputers or rocket scientists are on your side.
With Digital Leasing, you own the assets, which means you have all the power and all the control.
3. Little To No Startup Costs: It’s possible to get into Digital Leasing with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket...even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
4. Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier. Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income with any kind of trading or investing, you’d have to double your initial capital OR double the average order size of your existing trades. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
5. Make Money Helping Real People: This part is what makes it all worth it. In the financial markets, you might be helping your family, but the impact never goes beyond you and maybe a few others. But with Digital Leasing, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Leasing, you are unleashing a flood of happy, paying customers for these businesses. You make money by helping them make money.
Not a big, faceless corporation either...a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent. Once you see how Digital Leasing makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours. You could continue browsing, looking at opportunities like Cash FX which could one day make you money. You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Leasing.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits. All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Leasing.
#1 Business Recommendation
We each make around $10,000 per month with the help of this system.yes, show me more