✔️ Information reviewed and updated in March 2024 by Pedro Martínez González

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

All 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/

Telephone: 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.

 

[democracy id = ”79 ″]

 

 

 

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

60 comments on «CFXPoint: Rating and Comments»

  1. Laureano ortega Reply

    I hope that my comment is published, it is unfair that there are still people scammed

  2. Laureano ortega Reply

    These guys are the same as FXC MARKETS AND PRIME FX "PLEASE DON'T GET SCAMMED" these people are dangerous apart from the fact that these unregulated businesses are for money laundering, Dirty money from Narco traffic Organ traffic traffic people, the safest is that neither are in Spain but are in Latin America mainly in Central America in countries like El Salvador, Honduras and Nicaragua apart from the Dominican Republic in South America are Colombia, Peru and Chile they work as Call Center Outsourcing in the place where they are are a company that does not have income, only expenses because its money comes from outside when providing services to third parties

    • Recommended Brokers Reply

      Hello Laureano, thanks for the information about CFXPoint, we are very sorry about what is happening to you… Do you remember how you found this broker in the first place?… Tell us more about your experience please.
      Greetings.

  3. angelik Reply

    Good afternoon, thank you very much for your comments, a few minutes ago they called me from 34919042351, I almost deposited 200 dollars that they asked me to start with a silver account. But now with all the comments that I have read, I am grateful because I know that people are scammers.

    thank you very much.

    • Recommended Brokers Reply

      Hi Angelik, thanks for your comments. Do you know how CFXPoint has your number? If you have more information about the company, please share it with us. We are glad to have been of assistance.

      Greetings.

  4. paulo rodrigu Reply

    Hello, I have been insisted for months but thanks for your comments, they contacted me for the first time when I downloaded an application and registered with my number, but now I do not remember what it is because it was several years ago and today I received one more call.

    • Recommended Brokers Reply

      Hello Paulo, we are grateful for having been of help.

      Greetings.

      • Samuel

        Hello, these Damned from cfxpoint they stole my money, what can be done? because they continue freely stealing money from users to this day !!! Why do they allow it?

      • Recommended Brokers

        Hello Samuel, we understand your frustration, it is a pity that they are not stopped, but being an unregulated broker, it is difficult to keep track of them and know where they really are ... In any case if you think they were not fair to you, you should contact the regulatory body of your country, where are you from?

        Greetings.

  5. Jose Reply

    I don't remember how I fell into that trap but I must thank God for having avoided depositing a larger sum. After depositing the initial 250 Euros, which now I cannot withdraw, I was about to make a transfer for a larger sum, but I was saved when the bank where I was supposed to do it is domiciled in Budapest and this for me was like an alarm. If they gave me a bank in London, Madrid, Los Angeles, Berlin, etc. I'd have gone down like an asshole for not investigating first. I have requested a refund of the 250 Euros on multiple occasions but without success. I have threatened to report them and they do not even answer me. I am going to deal with the CNMV but I don't think I will have any results.

    • Recommended Brokers Reply

      Hi Jose, thank you very much for sharing your experience with CFXPoint with us, do you remember how you came to find them in the first place? Regarding the CNMV, they have already issued a warning about them, the CNMV unfortunately limits itself to issuing warnings, but it does not solve the problems, although well, maybe you are lucky and they help you.

      A greeting.

  6. cirineo caicedo Reply

    I see similar answers for everyone because they are not braver and they fix this scam that you do between cfxpoint and the brokers they can no longer dissimulate me they have stolen all the money that the broker took out with loans in financial institutions and banks the broker takes out and sends him to a slim maximum and supposedly he sends the receipts after he has already taken out enough they change broker so that the other continues to try to sacrifice more loans and then they put him to a broker woman so that with her sweetness she calms the clients because She says that she is just to help I have the recordings of all those brokers whenever they want they tell me nothing more that I am lying and I make them listen to them in addition to the remains that I have indicating the countries where they send the money, they are an organized band that steal and then They want to put up with victims saying that they have never asked me to invest that it is one who is to blame for investing I will not tire of telling them thieves thieves that they like them They steal from humble people because they know they can't defend themselves and if you want to know how they contacted me, I can give you names from the first time a woman called me and that was where everything started because they ask you everything after they fuck Trust one if with those answers you defend cfxpoint you are very badly be more courageous and apologize publicly and return the money to all those who scammed a band of thieves some time I will laugh at you, do not think you are very powerful

    • Recommended Brokers Reply

      Hello Cirineo, first we want to tell you that you are confusing, we only created a review that analyzes the company CFXPoint, WE ARE NOT CFXPOINT, having that clear, what you comment is really a shame… Thank you for sharing your experience with CFXPoint with us.

      • cirineo caicedo

        I apologize for confusing who I have to insult, I know what happened to me because I was very bad at that time because what happened to me just happened. Now I tell you that they have reset my account and have returned 9.000 Euros of 25.800 But because they were drawn with a visa card and of course that was claimed by my bank and I don't know how, but that was returned to me while the financial and personal loan issues were not able to recover anything, according to them, they make me accounts telling me that they have been lost The investments that I make are very shameless because they are the ones who were working supposedly because they know much more than one. los voy a poner nombres para que de esa manera puedan estar en guardia al comienzo mire una invitación a una charla para aprender a trabajar en la bolsa y al inscribirme me pidieron numero telefónico y correo cuando sali de la charla sin aceptar ser miembro porque no me gusto la forma de explicar para mi no se para el resto a los 15 días recibi la primera llamada de el numero 911235120 y me dijo llamarse Alexandra Jonson diciéndome que me e inscrito para hacer inversiones en la bolsa yo no me di cuenta que esta gente han regado o han vendido mi numero y mi correo a esta empresa asta ese momento lo dije que no quería saber nada de momento además que yo soy ignorante para estos tipos de trabajos pero ella me dijo que no me preocupara que al depositar 200 euros ellos trabajarían personalmente al 25% de las ganancias a la llamada 6 lo dije que probaría con la oferta que me hace y claro una ves que me inscribió me dijo que me dejaba en manos de la persona experta porque ella se iba de vacaciones y me presenta a Francisco Escobar este sujeto me dice que el es un experto asesor financiero con mucho conocimiento en el mercado y que el disponía de productos con una rentabilidad muy alta y un riesgo minimo o inexistente siempre y cuando yo depositara mi confianza en el y me dijo que quería entrar en mi ordenador para que yo no desconfie y mire las ganancias que generaba acepte el entro en mi ordenador con el programa Any Desk a las tres semanas empeso a hacer prestamos diciéndome que eso lo pagaba en dos meses y que no me preocupara que el trabaja con mucho mas dinero que el que estaba sacando y claro cuando ya no tenia de donde sacra mas prestamos desde la empresa cfxpoint me dicen que Escobar ya no trabaja mas con mi persona porque ya no es trabajador de la empresa y que me cabian de bróker y que no me preocupe que esta persona trabajara mucho mejor que el que estaba de comienzo no quería y diego escobar se contacta por skype diciéndome que no les haga caso que el quiere seguir trabajando y luchando para que devuelvan el dinero pero no fue asi después de sacar 4.000 euros en el BBVA el dejo de comunicarse de un momento a otro y mientras eso el otro me llamaba todos los días y el dia que lo conteste lo primero que me pidió fue entrar en mi ordenador para ver de que forma me podía ayudar y cuando entro me dijo que estaba muy mal lo que a echo el otro bróker y que el lo solucionaba pero para eso tenia que hacer un préstamo de 15.000 euros para resolver y le dije que eso no estaba bien que ya tenia bastante con los prestamos echos por el compañero de el y me dijo que es la única manera de solucionar y entro a sacar un préstamo en ING DIRECT pero este no contaba que ya estaba inscrito en asnef por la deuda de 4.000 euros que saco el compañero en BBVA y al momento que se dio cuenta me dijo de todo menos bonito se cabreo muy feo diciéndome que porque no lo e avisado y me dejo diciéndome que yo perdia la oportunidad de recuperar el dinero y que me arrepentiré por no dejarme llevar por el.

      • Recommended Brokers

        Hello Cirineo, do not worry, it is normal for you to get angry and we understand you, we also wish you the best of luck. Thank you very much for sharing your CFXPoint experience with us. Do you remember how you found them in the first place?

        Greetings.

  7. Alvaro ramirez Reply

    I have been trying to withdraw my funds for 2 months and they do not return them to me, apparently after the investment is made it is impossible to withdraw without losing the investment, apart from the fact that they tell you that the investment is small and then they tell you that with that You can't do much, in order for you to invest more money, when they contacted me they told me to be calm that if I didn't like it, they would give me back what I had invested, and that is false, they steal the money if you want to withdraw. do not be fooled, do not invest in this, it is a sham, it is a telephone robbery.

    • Recommended Brokers Reply

      Hello Alvaro, thank you very much for sharing your experience with CFXPoint with us… Do you remember how you came to find this company?

      A greeting.

    • Alberto R Reply

      Alvaro the same thing happened to me, I put this case in the right hands, these unarmed men played with me. You can leave me your email so that we can contact each other and exchange information. So we end this.

  8. Samuel Reply

    It is a scam, they put me with an advisor who only made me lose everything and still wanted me to deposit more money, the truth is some tough faces, a corrupt broker and pyramid, they are thieves, they stole all my money, be careful people, do not let them steal their money How much it costs us to earn honestly, they steal it.

    • Recommended Brokers Reply

      Hi Samuel, thank you very much for sharing your experience with CFXPoint with us, as you will see by reading the rest of the comments, you are not the only one with problems with this broker. Do you remember how you came to find them?

      A greeting.

  9. Elan Rodriguez Reply

    How can I report this mob? They scammed me a few months ago and I don't want them to keep doing it with others.

    • Recommended Brokers Reply

      Hello Elan, because being an unregulated broker you do not have a regulatory body that controls this broker, but you can, for example, denounce it with the financial regulatory body of your country, if for example, you are from Spain, it would be with the CNMV.

      A greeting.

      • navigable

        Excuse me, the same thing happened to me. I would like to report them, how can I do? I live in peru.

      • Recommended Brokers

        Hello Navil, because we believe that when living in Peru, you should contact the SMV.

        A greeting.

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