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Comments on CFXPoint

In this section we will analyze the CFXPoint broker, is a forex and CFD broker.

The broker mentions being part of KLDC Technical Systems LTD .

As to its location, the broker mentions being based in the Marshall Islands.

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If we analyze the regulation of the broker appears to be an UNREGULATED broker.

If now we go on to analyze account types offered by CFXPoint, we note that it offers 3 different types (actually 4, but the Islamic Account we will not take into account): the Silver Account, the Gold Account, and the Platinum Account.

Silver Account- $ 1.000 minimum initial deposit, fixed or variable spread, flexible leverage, free VPN, backed margin calls.

It is followed by Gold Account- Minimum initial deposit of $ 2.500, fixed or variable spread, leverage up to 1: 400, NPV at the lowest cost, backed margin calls.

The last type of account is the Platinum Account: minimum initial deposit of $ 25.000, fixed or variable spread, “interesting” leverage (???), NPV at the lowest cost, “attractive” spreads (??), commercial discount on request.

You can see even more features about the CFXPoint broker account types in the following image:

Some specifications about CFXPoint account types
Some specifications about CFXPoint account types

The platforms to operate that CFXPoint offers are: MT4 (MetaTrader 4) and Social Tradingr.

We will now analyze the different resources and aids for traders that CFXPoint provides to its clients on its website.

CFXPoint website
CFXPoint website

CFXPoint provides the following help or resources to traders or interested parties: explanations about the different instruments that can be traded with CFXPoint, trading hours for the different instruments, some basic explanations about some cryptocurrencies such as Bitcoin, explanations about different concepts such as analysis fundamental, trading signals and technical analysis.

 

CFXPoint and FXC Markets, are they the same company?

In addition to receiving emails from clients who told us that after having a bad experience with FXC Markets (you can read here the section with opinions about FXC Markets) were contacted by people from CFX Point, without having registered in advertisements or anything, which is very curious in itself, we noticed the following similarities between the CFX Point website and the FXC Markets website, which makes us believe that it is the same company:

First resemblance, when one enters both the FXC Markets and CFX Point websites, a pop up (also called a pop-up window) with cryptocurrencies (bitcoin, litecoin, dashcoin, etc.) click here to see the full image :

Similar between home pages
Similar between home pages

 

2nd resemblance, notice the items in the menus, and the items in the "About ..." menu, they are the same, click here to see the full image:

Similar between menu items
Similar between menu items

 

Another similarity, note in the menus, the item "Platforms" contains the same sections in both cases, click here to see the full image :

 

Similar between the "Platforms" section of the menu
Similar between the "Platforms" section of the menu

 

Another similarity, and in our opinion the most incredible, in the case of the similarity of the account types, observe, on the left FXC Markets, on the right, the account types of CFX Point. Not only is the information the same, the account types are called the same, and are in the same order, notice in the image, marked with green, that they even have the same spelling error where they both put "minimum" instead of "minimum" ... click here to see the full image :

Similar between account types
Similar between account types

 

The last resemblance, as we can see, they have the menus practically the same, but that is not all, if we go for example to the "Markets" menu and go to any of the sections, for example the "Currency", we notice that the text is practically the same (again, on the left the website of FXC Markets, and on the right that of CFX Point), click here to see the full image :

Similar between the sections "Currency"
Similar between the sections "Currency"

 

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Other information about CFXPoint

 

Some more information in case you want to contact the company, or see its website for yourself.

Website: cfxpoint.com/en/

Phone number: 0207 534 0558, +44 20 3332 2938

Email: [email protected]

 

Ending with this section, in our opiniondo we believe that the CFXPoint company is trustworthy? We are not sure, but we suggest caution. Why? In simple words, it is not regulated and it is a new broker, there is not much information or opinions about the company on the internet, so it is difficult to know if it is really recommended or not.

 

Update December 2017: Because we believe that CFX Point is the same company as FXC Markets (which has a very negative reputation), we do not recommend the broker.

 

What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
caution possible broker scam

 

We leave a vote open so that traders, clients and users of the broker can vote.

 

What do you think of CFXPoint? What has been your experience?

 

 

 


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60 comments on «CFXPoint: Rating and Comments»

  1. Money recovered Reply

    Thanks friends for the information, I wanted to comment that I am very happy because I finally managed to recover the money, I had lost more than 10 thousand dollars. Mychargeback has been a great help.

    • Recommended Brokers Reply

      Hello, Great !!!, Thank you very much for warning, we are very happy that you have achieved it, now be careful if you invest again, check the brokers before trusting one, here we have almost all of them.

      For others who want to get their money back, they should try talking to our chat or click on this link:
      https://brokersrecomendados.com/reclama-tu-dinero-te-ayudamos/

      If you want to see our ranking of the recommended brokers 2021 click HERE

      Greetings and good luck.

  2. Sandra Perez Reply

    Hello, I saw an account and they write to me saying that to release my 1470 dollars, I must first pay 60 dollars for the closing of the account, so I already pay once and they do not give me anything where do I claim that money

    • Recommended Brokers Reply

      Hi Sandra, thank you for sharing your experience with CFXPoint. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you've lost and they keep it.
      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      regards

  3. anonymous Reply

    Fxc markets. pfxbank, cfx point, gm options are platforms that belong to the same owner from Israel, they have several offices around the world, its main one in Albania, the call center that works with Spanish-speaking clients Spain and Latin America is located on Avenida Independencia Km. 10 1/2, Plaza Atalaya del Mar, Santo Domingo, Dominican Republic.
    At the moment that they find out about this comment, they will look for a way to move the office, it is the only thing I can tell you about an investigation that he submitted with a private official who visited that country in the Caribbean. Just like you, I also want my hard back.

    • Recommended Brokers Reply

      Hello Anonymous, thank you very much for sharing your experience with CFXPoint… Can you tell us more about your experience with this company? Do you remember how you came to find them? How do you know all this information?

      Greetings.

  4. Manuel Ortiz Reply

    Pfxbank, fxcmarkets and cfxpoint are the same, I have already verified it, they have called me several times from the same number but from "different page" be careful with one called "claudia sena" and a certain Eduardo de Leon

    • Recommended Brokers Reply

      Hello Manuel, thank you very much for the information, it would not be strange, it is common for many of these companies to open more than one web page, only that it varies in some details ... Did you work with some of the companies?

      Greetings.

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