CFXpoint: Mission Impossible

If 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
My situation is the same as many others. I deposited $200, finished the phone call, and started searching for reviews about the company on the Internet… I quickly realized that I had been hoodwinked… I found a website where I was able to leave my comment about scammers like that. When they called again, I said that I didn’t want to have any business with them. They had been calling me for a year trying to persuade me that I could trust them. I simply blocked their phone numbers. Currently, they call me as ICF offering help with my withdrawals. For that, I should open an account in a European bank and deposit 100 USD for at least three days. This sum is required to open an account. Moreover, I should do it myself but under their guidance. Interestingly, when they give me my $200 back, I have to pay them $20.. What impresses me is their impudence!!!

Zoe
It seems like they have been calling me for two weeks now. They say they are calling from an international analytical center in London asking me to again raise my deposit by 1,000 USD to recover my account. They say I will be able to win the money back and receive some 1,000 USD extra. It seems like they are begging me to deposit. Is that actually possible that deposits from the scammers undergo recovery or is it another scam.

Alex
A scam broker!

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
At the beginning of the summer, I received a phone call. I do not exactly recall what exchange it is. They called offering to return the money I lost. For that, I needed to deposit 300,000 USD. Also, they urged me to take a loan secured by my apartment. A couple of days ago, CFX Point called again and offered cooperation. I said they were scammers and hung up the phone.

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
Hello! I deposited 200 USD. Now, they demand 1,000 USD more. I am unable to return the funds I’ve already deposited. And I don’t have access to my trading account.

Yuri
CFD Point is a scam broker. They didn’t return my $200 deposit even after verification and stopped answering my phone calls. In my trading account, my withdrawal inquiry had been processing for a long time. After that, I lost access to my account.

Alexander
They drained my $6,000 deposit!

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.