Thanks for stopping by to read my Cash FX Group Review!
Someone probably approached you with the business opportunity and you’re looking for more information.
I’m going to go over the company, product and their compensation plan in that order.
So if you are ready let’s get started shall we?
Cash FX Group Review
It’s becoming a common occurrence and Cash FX Group is no exception.
There is no information on who owns or runs the company.
Is that a good thing or a bad thing?
You can be the judge of that.
I do know that “Cashfxgroup.com” was privately registered back in March of 2019.
The full name is: Cash Forex Group
After searching the website, social media and asking questions around the crypto space that’s about all I could come up with on the company.
Cash FX Group Products
From what I can gather Cash FX Group doesn’t have a product or service.
Just like my last 5 crypto mlm reviews the only thing you can promote is the affiliate membership itself.
Cash Forex Group claims you can invest in their “Trade Academy Education Packages”
Cash FX Group Compensation Plan
There are 10 levels you can invest with the company.
Basically you are buying into a promise that you will earn a 200% or 400% ROI which is capped at 15% per week.
Cash FX 200% return cap applies to PASSIVE returns on your investment.
If you want to earn the 400% that applies to the MLM side of the business.
These packages mature when they hit 200% passive and 400% in MLM commissions earned by an affiliate.
After this happens you would have to ‘reinvest’ in more packages if you want to keep making that return on your investment.
If you withdraw at any point in time there is a 20% withdrawal fee.
From what I understand 50% of these withdrawal fees will be funding the residual matrix commissions.
Cash Forex Group Ranks
If the company gets traction there are seven ranks people will be aiming for.
Here is a breakdown of the 7 ranks:
PV = Personal Volume
Below is the package to PV rate:
Cash FX Sponsoring Commissions
The company pays out 50% on invested funds through personal sponsorships.
This 50% goes toward the PV produced through the Academy Packs.
For example if you sponsor a 500 package member it will product 250 PV which pays out $125 commission.
The company works off a unilevel compensation plan.
The higher your RANK the more levels you will get paid on.
Goes like this:
- Regular affiliate earn on levels 1 – 4
- Executive earn on levels 1 – 6
- Managers earn on levels 1 – 8
- Directors earn on levels 1 – 9
- Presidents Club earn on 1 – 11
- Ambassador earn on 1 – 11 with higher %s
- Global Ambassador 1 – 11 with highest %s
Cash FX Group also pays residuals on a 3 x 10 matrix.
These levels can be filled directly or indirectly and is funded with withdrawal fees.
You get paid on which is dependent on how much you personally invested.
There is also a matching bonus of 10% and a leadership bonus however there isn’t much information on these.
Cost to Join Cash FX Group
This is what I would consider a high ticket crypto mlm.
You can invest anywhere from $300 to $100,000 USD.
Once the 200% or 400% ROI is produced (if it ever does) you will need to reinvest in order to keep making money.
Cash FX Group Conclusion – Legit or Scam?
It would be really nice if you could just invest money and earn a whopping 200% on actual trading but that’s just the problem.
There is ZERO PROOF that there is actual trading system or algorithms taking place.
You don’t know who is running the company which is personal preference.
Think about it this way if the Cash FX Group knew how to get an ROI of 400% why would they need you to invest?
They could put their own money in there and make a fortune on autopilot.
They would have the best kept secret and never have to talk to a soul.
But with lack of proof nothing to back up such claims I cannot recommend this company.
I’m not going to call it a scam or a Ponzi but at the end of the day if they are in fact just signing people up and paying out commissions on new people that’s exactly what it is.
Like the old saying goes if it walks like a duck, quacks like a duck, swims like a duck then it’s probably a duck.
I hope you enjoyed my Cash FX Group Review if you have any comments, questions or concerns please leave it in the comments below.
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