RatingFX: independent rating of Forex brokersCFXpoint: Mission ImpossibleIf you want to generate profit quickly and easily, you need CFX Point. That is how the broker positions itself. According to CFX Point’s website, the company offers its clients an abundance of trading opportunities and promises to make their trading efficient and, most importantly, profitable. The broker's mission is to make the client happy. Is it possible? In fact, the company works on the scheme of Sergey Mavrodi, a Russian financial fraudster, and is engaged in scam activity. This is not even a broker, but an ordinary telephone swindler. This is how the company can be characterized after studying the history of traders who made a big mistake by choosing CFXpoint as their guide to the financial market. CFXpoint betrays inexperienced and gullible people for money. Therefore, it is completely impossible to get your funds back.
Angela
Zoe
Alex Their scheme looks the following way: they buy up cold user bases and start calling. Interestingly, the majority of people they phone do not have the slightest idea about trading. The persistent and trained staff keeps calling until a person agrees to make a deposit. Usually, they try to persuade people to get a loan promising that everything will pay back in a relatively short time and users will generate extra profit.
Irina Indeed, the trading process goes under the strict guidance of the company’s best analysts. Experienced employees are supposed to help open only profitable trades. In reality, everything looks a little different. You can bid farewell to the money deposited into your trading account. As soon as the account is replenished, it turns out that this amount is not enough to conduct serious trading and additional funds are needed. In other words, they simply start siphoning off money. Further, analysts will be deliberately advising that users open unprofitable trades. As a result, traders will watch their trading accounts dwindling.
Leonid
Yuri
Alexander Risk is a noble business. However, this does not apply to fraudulent services such as CFX Point. It is impossible to quickly gain capital on trading. If you think otherwise, remember that this is fiction that has nothing to do with reality. You can quickly become rich in the market only at the expense of someone else's losses. This person can be anyone who believes in the words of a scammer. In trading, people are able to generate profit only after they gain experience. Successful investors have considerable knowledge, a cool attitude, and endurance. As you see, choosing the right broker is key. Therefore, carefully study the information about the company you are going to cooperate with. At first glance, a scammer may look like a totally successful broker. However, after careful study, everything will fall into place. Notably, if not going into details, CFX Point seems to be quite a respectable broker. The company’s website contains a lot of relevant information. At first glance, there is nothing that can spook a user, especially if it is a novice trader. Only concise explanations, lack of guarantees, and the fact that the company disclaims responsibility can draw users’ attention. At the same time, if you dig deeper, you will be able to find even more pitfalls. Moreover, when you study the reviews, the desire to work with the broker disappears completely. The opinion of the review`s author is private and not obligated to reflect the position of the resource. If you have any remarks and suggestions on new articles please contact us via this form.
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![]() ![]() I opened an account at CFX Point because they seemed very promising. They have multiple trading platforms that are compatible to different devices and this makes trading with them convenient. But in the end, this broker still turned out to be a fraud and it took all the money I invested. I was not able to get back any amount from my trading account.
CFXpoint had a promising impression. Their website was appealing and they offered mobile platforms which is very convenient. On top of that, they had lucrative offers which became believable through their well-designed tools and services. Unfortunately, it was simple a facade to attract clients and this company's main intention was to get investors and take their money.
When I opened an account at CFXpoint, I was promised that a professional trader will be guiding me throughout my trading activities. At first, it was true. My account manager actively assisted me but after a while, he became unresponsive. I tried to trade on my own but the platform would always lag or crash so in the end, I just lost everything.
I thought that CFXpoint was a reliable broker so I opened an account with them. However, after a few weeks of trading, I noticed the inconsistencies in my trading history. My trades were always closed at a losing position but when I look at the charts, the prices don't match. This happened for a few more weeks and when I asked the company about it, they just closed my account.
When I opened an account at CFXpoint, my experience did not even last for more than a month. After depositing the money, the representatives stopped being responsive. They would only contact me to encourage me to deposit more but when I refused, they never answered again. Then a few days later, they terminated my account.
I started trading with CFX Point in 2018 and I had an account manager. At the beginning, everything went well. My manager was assisting me always and really giving me a few tips to trade better. I deposited thrice which summed up to $800. In late 2019, things started to get rough and my manager was no longer reachable. I tried to withdraw my funds as well but they kept disapproving it. Until in the end, they just completely closed my account.
I have been trading with CFXpoint and this is the worst trading experience I had. They only seemed reliable from their website but their trading platform is terrible. It would really be impossible to profit at all with their services. Even without deliberately taking my money, they are already doing it by giving such terrible platform; to which, they do not want to take responsibility of. They kept denying that there is a problem in their platform.
I do not know anything about trading so I was so surprised when CFXpoint called me. They got my interest right away and it really seemed like a great profit opportunity. I also happen to have some excess money so I decided to try it out. I waited for my account details but they never arrived. Which means that I invested money but had no access to my supposed account. I never heard from them again since then.
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