The Official Website Of CryptocashFX Cannot Be Accessed Normally At Present. It Seems That The Company Has Closed Down. Therefore We Can Only Collect Some Relevant Information For Reference Only.
2022-07-15 We Have Confirmed After Review That CryptocashFX Is An Unregulated Forex Broker
CryptocashFX Claims To Be A Regulated Company, But Neither Provides Details About Its Company Basic Information (company Name, Office Address) And Regulation, Nor Provides The Necessary Legal Documents (terms And Conditions, Risk Disclosure, Etc.). Lack Of The Above Information May Be Characteristic Of Unlicensed Traders, As Compliance Dealers Always Display Their Certifications And Operating Licenses In A Conspicuous Position. This Is A Red Flag.
In Addition, CryptocashFX Claims To Be The Leading Trading Technology Provider In Latin America, Providing The Public With Access To Financial Marekt. However, According To The Information We Have, Countries In The Latin American Region Do Not Have Any Regulatory Agencies To Issue Operating Licenses For Foreign Exchange Traders Or Regulate Entities That Provide Foreign Exchange Services For The Time Being. This Means That CryptocashFX Is Not Effectively Regulated By Any Regulatory Agency. Investors' Funds Invested In This Broker Are Not Safe And Cannot Be Protected By Any Laws. It Is A Fake Trader.
Due To The Inability To Access The Broker's Website At This Time, We Are Also Unable To Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposit, Etc.
As For Regulation, It Has Been Verified That CryptocashFX Does Not Currently Have Any Valid Licenses.
But Most Non-compliant Brokers Will Not Disclose Providing Other More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: CryptocashFX S As A, Unregulated Broker, Which Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated Brokers As Much As Possible When Choosing A Broker.
