I feel you are searching for a legitimate option for making money and you do not have surplus money to waste by Joining a program without proper research. I appreciate your decision.
You might either have seen some advertisement or received some email from some claiming that they are making money with this trading platform without doing any work.
It is not always an advertisement or an eMail, you find lot of people pushing for money making programs on Social Media as well.
Now You may be looking for the answers to the lot of questions surrounding this program. In this Cash FX Group review I will try to give all the details about the program and that will help you in deciding if Cash FX is worth joining or Is Cash FX group a Scam?
Cash FX Group Review
Name: Cash Fx
Website: Click Here
Price: $300 to $100,000
There is no information on the Cash FX group website about the owner of website.
I would never advise to Join you any program whose owner hesitate to share own identity. This indicate a Scam.
Further Cash FX do not offer any reliable product. As an Affiliate of Cash FX , you will only be selling the affiliate membership for making commission.
You will be able to participate in MLM activities after signing up and investing your hard earned money in one of its Plan. I have discussed all the plans later in this article.
You will have access to some useless "Trade Academy Education Package" which you shall be promoting as a product for recruiting new members.
There are many red flags discussed in this article but any MLM without an owner and without a product must be treated as a Ponzi scheme and must be avoided.
I had a bad experience with similar programs and I know how do they work.
These can only make money for its promoters and no one else.
There are many legitimate options are available for making money online and I am using some of them for making 6 figure income myself.
What is Cash FX Group?
When you come across a company with FX attached to its name, it quite natural to consider this dealing with Forex.
Cash FX Group also claims to dealing with forex Trading and making revenue through “assisted trading systems with algorithms” for paying ROI. However, website failed to provide any evidence of any trading. This is simply due the fact that they are not involved in any trading activities.
In my opinion Cash FX group is just just a recruitment based MLM where you pay a joining Fee and then recruit others for making money. The owner make money on every recruitment.
I have seen many other similar sites come and go and I am not sure how long would Cash FX stay?
How to Join Cash FX Group?
You Can Join Cash FX Group through other affiliates reference or invitation only. The membership will cost you between $300 to $100,000 depending upon the package you opt.
Reinvestment is required once you have achieved the ROI of 200% or 400% to continue participating in this home based money making opportunity.
Cash FX Compensation Plan
There are 10 different compensation Plans as explained below. You can buy any of these packages with an assurance of 200% or 400% return capped at 15% per week.
The 200% Cap applies to the returns related Passive income whereas MLM returns and capped at 400%.
Once these returns are generated the purchased package would expire and you will have to reinvest again in order to continue.
Cash FX Group Affiliate Ranks
Different qualification criteria have been laid down for qualifying into 7 different ranks within Cash FX. These are:
- Affiliate – You sign up Cash FX group as an Affiliate by making certain investment.
- Executive – Recruit and maintain maintain 3 Active investors and generate 7000 PV apart from maintaining own 1K(500 PV) or higher package.
- Manager – This is the third step in hierarchy which can be achieved by maintaining a 1K (500 PV) or higher investment package, recruiting and maintaining minimum two Executive or higher ranked affiliates and overall generate 25,000 GV
- Director – 1K (500 PV) or higher investment package and recruit and maintain two Manager or higher ranked affiliates and with 100,000 GV
- President Club – Maintain a 1K (500 PV) or higher investment package, recruit and maintain three Director or higher ranked affiliates and with generating minimum 500,000 GV
- Ambassador – Same 1K (500 PV) or higher investment package, recruit and maintain three President Club or higher ranked affiliates and total 2,000,000 GV generation
- Global Ambassador – Minimum 1K (500 PV) as usual or higher investment package, recruit and maintaining two Ambassador or higher ranked affiliates and generate 5,000,000 GV.
PV is the Personal Volume generated by own income and GV stands for Group Volume. GV is generated by you and team under you.
Csah FX pays a commission equivalent to the 50% of Leadership PV generated by the Package. As per the table above, if you sell a package worth $300, it will generate 150 PV and you will be earn $75.
Apart from the Recruitment income , you will also make money through unilevel and Multilevel residual income.
How Does Cash FX works?
They would like you to believe that they are investing your money into Forex trading and share the profit with you. They assure you that you will make a fix percentage every month and guarantee 200% 0r 400% return.
But that is not the truth.
In reality, they will have recruit you as an affiliate and offer you a handsome incentive to recruit other people.
You will be paid a fixed percentage as recruitment commission and keep balance with them. The some percentage from the balance amount will be shared with you as passive income.
They are not investing your payment any where and as long as they are getting huge number of new affiliates, you will get your commission.
The system is designed in a manner to give you profit after 30 days which give company enough time to recruit more people.
As long as this process continues, you will make money.
Once newer members stop joining, they will be gone.
Can you make any money with Cash FX Group?
Cash FX or similar program do make payments in early stage.You can Join and hope that you have joined in on the right time to make profit.
If you are still thinking about Joining Cash FX or any other similar program, You should not expect your money back. They may be paying today but there is no guarantee that they will continue to pay.
You still can join Cash FX if you have surplus money and do not mind losing few hundred dollars in the hope of getting them back.
Don't invest the money saved for some other important purpose.
You might have seen some proofs from the people making money with Cash FX, they may not be lying either.
They are making huge money means they have joined a long back and program is near the saturation point and sooner people will stop joining.
Now I leave it up to you. If you have the enough money and risk appetite, you can take a call.
Cash FX Pros:
The people who would be able to join the program just after its launch may make money.
Cash FX Cons:
- There is no real product.
- Owner is Hidden
- The system is just recruitment based.
- No Proof of Trading.
- The would not lat longer,
Is Cash FX a Scam?
I leave it up to you to decide.
I have shared all the available details and information with you transparently.
I do not recommend joining Cash FX or any other similar program even if you are desperately in need of money.
After losing your money, You will add more problems to the existing ones.
Bottom Line - My Recommendations:
There are better alternatives available for making money online. I started my online Journey few years back.
It was not easy initially but I was fortunate enough to find the best affiliate marketing training platform.
Affiliate marketing will not make you rich overnight and further you will not receive any money without work.
Hi, I am Arun
If you are looking forward to make money without learning and without working hard, Affiliate marketing is not for you.
But if you are willing to learn and ready to work hard, Here's the legitimate opportunity to achieve financial Freedom
I Hope I have been able to save you fro falling into a trap. In case you like this article please share with your friends and others on Social media so that they also benefited.
And if you have any more queries. Just leave a comment below, I will definitely reply at the earliest possible.