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Cash FX Group Scam or Legit Ponzi scheme

Cash FX Group Scam or Legit Ponzi scheme

ForexFCash FX Group Review.

Am going to analyze and show you if the Cash FX Group is a Legit or Scam.

We wouldn’t want to join a company that gets shut down due to bad business decisions or non-compliance issues.

We are going to take the time to research and review the information about the company, the products, and the compensation plan to see how the program really works.

Cash FX Group Scam or Legit Ponzi scheme

Cash FX Group Scam or Real? - Ponzi scheme

Cash FX Group Review – What Is It?

Cash FX Group Review – What Is It?

Cash FX Group is a Multilevel Marketing (MLM) Company that provides you the chance to earn money with the promised ROI and the referral commissions which you would earn from it.

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The company has an investment opportunity with financial trading education levels that reflect the cost per stage that a person joins at.

The niche I would consider the Cash FX Group to be in is the Forex and Crypto trading niche.

Company Overview

One among many points that we want to see as soon as we take a look at an organization that we are going to earn cash with is who owns it.

This gives us the prospect to check extra regarding the background and the experience that the proprietor has to make a better judgment on whether or not or not or not it’s a secure program or not.

Cash FX Group Company Owner CEO Founder Unknown

Sadly, when taking a look on the corporate website online, there was no information discovered about who owns or runs it on any of the pages.

When doing a site title Whois background study, we discovered:

  • The area title “cashfxgroup.com” was registered on 3-4-2019.
  • The area title was registered privately.

The official title of the corporate is known as Cash Foreign exchange Group which we found on the net web site.

That’s all the information that now we now have on the company, let’s proceed to the following half.

What Are The Cash FX Group Products?

FX Group Products Review No Retail

On this a part of the reviews, we’ll going to check out if Cash FX Group offers any products.

I did discover when looking round, you will be given training about trading and bettering your investment nevertheless was not able to find any retail products the company offers.

The one issue that you’ll be able to do is to making an investment to earn from the opportunity.

That’s all the information that we found on the products that the company offers, let’s proceed.

How Does The Cash FX Group Compensation Plan Work?

Cash FX Group Compensation Plan Breakdown

On this part of the evaluation, we will see how the compensation plan works and the way one can earn money with the Cask Forex Group opportunity.

There are 2 strategies which you would earn money with the compensation plan which can be:

  • ROI Commissions
  • Referral Commissions

Getting Started

There are a variety of ranges which you’d get started as an affiliate member to earn from the ROI and referral commissions.

The ROI promise which you’d earn out of your funding is 200% or 400% which could possibly be capped at a complete of 15% each week.

This is a breakdown of the entire funding ranges which you’d get started at

  • The 300 Level – This stage requires a $300 funding. You’ll get 150 PV within the Leadership Program.
  • The 500 Level – This stage requires a $500 funding. You’ll get 250 PV towards the Leadership Program and 350 PV for the Trade Pool Deposit.
  • The 1K Level – This level requires a $1000 investment. You’ll get 500 PV towards Leadership Program and 700 PV for the Trade Pool Deposit.
  • The 2K Level – This stage requires a $2000 investment. You’ll get 1,000 PV towards Leadership Program and 1,400 PV for the Trade Pool Deposit.
  • The 5K Level – This stage requires a $500 investment. You’ll get 2,500 PV towards Leadership Program and 3,500 PV for the Trade Pool Deposit.
  • The 10K Level – This stage requires a $10,000 investment. You’ll get 5,000 PV towards Leadership Program and 7,000 PV for the Trade Pool Deposit.
  • The 20K Level – This stage requires a $20,000 investment. You’ll get 10,000 PV towards Leadership Program and 14,000 PV for the Trade Pool Deposit.
  • The 30K Level – This stage requires a $30,000 investment. You’ll get 15,000 PV towards Leadership Program and 21,000 PV for the Trade Pool Deposit.
  • The 50K Level – This stage requires a $50,000 investment. You’ll get 25,000 PV towards Leadership Program and 35,000 PV for the Trade Pool Deposit.
  • The 100K Level – This stage requires a $100,000 investment. You’ll get 50,000 PV towards Leadership Program and 70,000 PV for the Trade Pool Deposit

The difference between the 200% and 400% cap that was talked about earlier applies to the MultiLevel Marketing (MLM) side of the compensation plan and to the passive income profits that the company gives.

  • The MLM Cap – 400% weekly
  • The ROI Cap – 200% weekly

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The maturity date that the company gives can also be the 200$ for the passive ROI returns and 400% for the MultiLevel Marketing (MLM) aspect of the commissions that you simply earn.

The way in which they train you is to reinvest the cash right after it matures to earn even more money.

One factor to be aware of is the withdrawal charge.

The company will take 20% out of your fee withdrawal the place 50% of that 20% will go towards the referral commissions which are earned from the MultiLevel Marketing (MLM) compensation plan.

Ranks And {Qualifications}

There are a total of 7 ranks which you could qualify for within the Cash Forex Group opportunity.

The upper the rank which you could qualify for will imply the extra money which you could make with the company.

Here’s a breakdown of what every rank is and the {qualifications} that you simply want to be able to attain them:

  • Affiliate Rank – To qualify for this rank, you will have to buy one of many investment packages.
  • Executive Rank – To qualify for this rank, you will have to join on the 1K stage investment with a 500 PV or greater stage, recruit and keep 3 investing members with a total downline of at the very least 7000 GV.
  • Manager Rank – To qualify for this rank, you will have to join on the 1K stage investment with a 500 PV or greater stage, recruit and keep 2 Executive Rank or greater with a total downline of at the very least 25,000 GV.
  • Director Rank – To qualify for this rank, you will need to join on the 1K stage funding with a 500 PV or greater stage, recruit and keep 2 Manager Rank or greater with a complete downline of at the very least 100,000 GV.
  • President Club Rank – To qualify for this rank, you have to toin on the 1K stage funding with a 500 PV or greater stage, recruit and keep 3 Director Rank or greater with a complete downline of at the very least 500,000 GV.
  • Ambassador Rank – To qualify for this rank, you’ll need to join on the 1K stage investment with a 500 PV or greater level, recruit and keep 3 President Club Rank or greater with a total downline of at the very least 2,000,000 GV.
  • International Ambassador Rank – To qualify for this rank, you will have to join on the 1K stage investment with a 500 PV or greater stage, recruit and keep 2 Ambassador Rank or greater with a total downline of at the very least 5,000,000 GV.

A few terms that have been listed right here have been GV and PV.

Here’s what they imply:

  • PV – This term is “Personal Volume” which is the volume or the investment PV out of your personal investment volume.
  • GV – This term is “Group Volume” which is the volume or the investment PV (volume) out of your whole downline.

Referral Commissions

How To Make Money With Cash FX Group

Cash FX Group additionally pays out 50% of your whole personally enrolled members.

What the company does is take 50% of the Academy Pack PV that you personally recruited joins at and pays you on that volume.

For instance, when you recruit somebody that joins on the 500 Level, the PV that the member will get is 250 PV, and you’ll earn $125 from that sale.

Residual Commissions (Unilevel)

The company additionally gives 2 sets of residual commissions that you can earn when an affiliate member makes an funding.

The corporate makes use of the unilevel compensation plan for the primary one to pay these commissions.

For these that aren’t conversant in how the unilevel compensation plan works, here’s a fast breakdown:

  • 1st Level – The first level of your unilevel compensation plan will only have your personally recruited members on it.
  • 2nd Level – The second level of your unilevel compensation plan will solely have team members that your level 1 members personally recruited on it.
  • third Level – The third stage of your unilevel compensation plan will solely have team members that your level 2 members personally recruited on it.
  • and so on…

Hopefully, this clarification provides a better understanding of how the unilevel pay plan works for these which can be unfamiliar with it.

Cash FX Group provides an unlimited amount of levels that you could earn of their unilevel compensation plan.

Relying on the rank that you’re qualified at within the company will depend upon the quantity and the levels that you could earn on.

Here’s a breakdown of what that looks like:

  • Affiliate Rank – If you qualify for this rank you’ll be able to earn 10% on levels 1 to 4.
  • Executive – If you qualify for this rank you’ll be able to earn 10% on levels 1 to 4 and 20% on levels 5 and 6.
  • Manager – If you qualify for this rank you’ll be able to earn 10% on levels 1 to 4, 20% on levels 5 and 6, and 5% on levels 7 and 8.
  • Director – If you qualify for this rank you’ll be able to earn 10% on levels 1 to 4, 20% on levels 5 and 6, 5% on levels 7 and 8, and 5% on levels 9.
  • President Club – If you qualify for this rank you’ll be able to 10% on levels 1 to 4, 20% on levels 5 and 6, 5% on levels 7 and 8, 5% on levels 9 and 10, and 1% from level 11 down.
  • Ambassador – If you qualify for this rank you’ll be able to 10% on levels 1 to 4, 20% on levels 5 and 6, 5% on levels 7 and 8, 5% on levels 9 and 10, and 1.5% from level 11 down.
  • Global Ambassador – If you qualify for this rank you’ll be able to 10% on levels 1 to 4, 20% on levels 5 and 6, 5% on levels 7 and 8, 5% on level 9, and 1% on level 10
    Ambassador – If you qualify for this rank you’ll be able to 10% on levels 1 to 4, 20% on levels 5 and 6, 5% on levels 7 and 8, 5% on levels 9 and 10, and 2% from level 11 down.

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Residual Commissions (Matrix)

The second residual commissions that the company presents are paid out using the matrix compensation plan structure.

The matrix structure is a set amount of rows and levels that you could earn from.

Cash Forex Group provides a 3X10 matrix from which you can earn much more residual commissions from.

You may fill any of the positions through direct or indirect sales from you or your team (downline) members.

Do you remember the withdrawal fee that we talked about above?

The company takes 20% of the 50% commissions that you just earn from personally sponsored members.

That is what they use to pay out all of those commissions.

The matrix commissions which you can earn will depend upon how a lot you’ve got invested.

Right here is how that works:

  • If you be part of the 300 or 500 investment level, you possibly can earn 3% on ranges 1 to three.
  • If you be part of the 1K investment level, you’ll be able to earn 3% on levels 1 to three and 5% on level 4.
  • If you be part of the 2K investment level, you possibly can earn 3% on levels 1 to three, 5% on level 4, and 6% on level 5.
  • If you be part of the 5K investment level, you’ll be able to earn 3% on levels 1 to three, 5% on level 4, 6% on level 5, and 10% on level 6.
  • If you be part of the 10K investment level, you’ll be able to earn 3% on levels 1 to three, 5% on level 4, 6% on level 5, 10% on level 6, and 30% on level 7.
  • If you be part of the 20K investment level, you’ll be able to earn 3% on levels 1 to three, 5% on level 4, 6% on level 5, 10% on level 6, 30% on level 7, and 20% on level 8.
  • If you be part of the 30K investment level or more than 30K you’ll be able to earn 3% on levels 1 to three, 5% on level 4, 6% on level 5, 10% on level 6, 30% on level 7, 20% on level 8 and 10% on levels 9 and 10.

The company will even payout and an extra 10% matching bonus in your personally recruited residual earnings.

Leadership Bonuses

The Leadership Bonus is reserved for Executive and higher ranked members.

The company does point out that this bonus is available however doesn’t disclose what the commissions will likely be for this bonus right now.

That’s all the info that we now have concerning the compensation plan and all the methods which you can generate profits with the Cash Forex Group opportunity, let’s proceed.

My Cash Forex Group Q And A Section

On this section of the review, I’m going to share some answers to among the questions that people could have when thinking about becoming a member of the Cash FX Group opportunity.

Is Cash FX Group BBB Accredited?

Cash FX Group Better Business Bureau

No, Cash FX Group isn’t accredited with the Better Business Bureau right now.

There are a ton of companies that aren’t accredited with the BBB that we discovered to be 100% legit and running for a number of years.

We solely go by what the current information tells us concerning the company when determining the legitimacy of a company.

What Is The Cost To Be part of Cash FX Group?

The minimal price to join Cash FX Group is $300.

Nevertheless, the company presents a number of investment levels that may vary as much as $100,000.

The company provides a 200% or 400% ROI in your investment, and as soon as that cap is reached you’ll be able to re-invest these earnings to earn more money with the company by means of the same strategies.

Now, let’s answer the question that’s on everybody’s thoughts which is…

Is Cash FX Group A Scam Program Or Legitimate Opportunity?

Is Cash FX Group A Scam or Legit Opportunity

For my part, no, Cash FX Group will not be a scam however the company’s business model does have some very serious issues with it.

Listed below are a few of our concerns:

  • No point out about who owns the corporate
  • The ROI Commissions which can be provided
  • The lack of any retail products or services

When a company doesn’t have current details about the owner, this throws up the first red flag.

Nevertheless, this isn’t a definite issue for a company to be a scam.

The second challenge is the ROI that the company guarantees in your investment.

The company claims that the income generated by means of trading and investments are what’s sustaining the ROI commissions to all active members who invested.

Nevertheless, we couldn’t discover any proof or information to confirm this claim nor did we discover any country registration that’s saying the company is legally verified to offer securities.

The last problem is that the company provides no retail products which additionally makes the company out of compliance when regarding MultiLevel Marketing (MLM) regulation.

With that stated, let’s proceed.

My Last Cash forex Group Review

Within the last part of my review, I’m going to share my last ideas in regards to the Cash Forex Group opportunity as an entire.

Now we have taken the time to analysis and review the details about the company, the products, and the compensation plan.

I’ve additionally shared my ideas on why I felt the company has so many points so far as the business model is worried.

At this level, you must have a good suggestion about what it’s, the way it works, what they provide, and how one can generate income with Cash FX Group.

What are your ideas about it up up to now?

However right here is the query…

Would We Recommend The Cash FX Group Opportunity?

No, we’d not recommend becoming a member of Cash Forex Group as a result of serious issues that we’ve discovered about it.

With that mentioned, I hope you loved my Cash FX Group review.

If you happen to find this review useful, make sure to click on the social share buttons on this web page and share it with others so that people can be taught precisely what the Cash FX Group is actually all about.

Thanks for your support!

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