CGFX review cgfx.com Scam

January 16, 20245 min read

Read our CGFX review to see if we recommend this broker for trading. Just to clear doubts, this is a cgfx.com review. How the project is searched:

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Is CGFX Scam or Legit Broker?

In the world of investments and financial opportunities, it is crucial to be vigilant and carefully evaluate every project before making a decision. One project that has caught our attention and that we want to warn you about is the CGFX company (by CGFX reviews).

However, there are significant risks associated with fake brokers, and we want to warn you about the CGFX project, which has been identified as an unregulated and unscrupulous broker. It’s essential to be aware of the signs indicating a fake broker and to avoid collaborating with such entities to protect your financial interests.

About CGFX

CGFX review – What the company says about itself: Commercial Group FX was first established as Commercial Group for Trading in International Markets (CGTIM) back in 1998 and was the first company of its kind to ever be registered in the Hashemite Kingdom of Jordan. In 2011, the company went through rebranding and expansion efforts which led to its name becoming Commercial Group FX (CGFX).
Commercial Group FX is now a global company with a presence and licensing in several countries. Our international team speaks more than one language and is trained to ensure customer satisfaction and the highest quality of service possible.

While it may seem enticing at first glance, this project is, in fact, a classic example of a scam project, which has the potential to bring you more loss than gain.

CGFX review broker review stamp

CGFX signs of a Fake Broker:

According to the presented results of ex-traders of this project, CGFX review, which, by the way, are quite negative and unprofitable, the CGFX company does not withdraw money, which, in principle, was quite expected and logical, also based on the previously mentioned provisions.

  1. Lack of Regulation: One of the major signs of a fake broker is the absence of proper regulation by financial authorities. Legitimate brokers are subject to strict rules and standards imposed by regulatory organizations.
  2. Unrealistic Promises: Fake brokers like CGFX may make unrealistic promises of quick and substantial earnings to lure clients. These exaggerated promises should be treated with skepticism.
  3. Weak Contacts and Support: A fake broker may have poorly defined contact details and may avoid providing complete and transparent information about their services.
  4. Lack of Transparency: Transparency regarding fees, commissions, and the trading process is crucial. Fake brokers may hide this information or be evasive about it. (by CGFX reviews)

cgfx.com disadvantages of collaborating with a Fake Broker:

Loss of Funds: Collaborating with a fake broker can expose you to the risk of losing significant investments, as they can manipulate trades to their advantage.

Theft of Personal Information: Fake brokers may request and use sensitive personal information for fraudulent purposes, such as identity theft.

Negative Experience: Collaborating with an unscrupulous broker can lead to a negative financial and emotional experience, with a loss of trust in the market and investments.

CGFX Conclusion

CGFX Review, cgfx.com Scam or Legit? In conclusion, avoid collaborating with the fake broker CGFX and any other broker exhibiting signs of lack of regulation and transparency. Protect your financial interests and always choose legitimate and regulated brokers to ensure a safe and trustworthy investment experience.

How to Protect Yourself:

  • Check Licensing and Regulation: Always verify if the broker is authorized and regulated by a trusted financial authority.
  • Research Carefully: Conduct thorough research and read independent reviews to assess the broker’s reputation.
  • Be Skeptical: Be skeptical of unrealistic promises of earnings, and avoid collaborating with brokers pressuring you to make large deposits.
  • Request Information: Request complete and transparent information about fees, commissions, and trading regulations.

The overall rating

Convenience of service 6
Withdrawal speed 2
Trading platform 3
License 1
Support work 5
The Summary

The overall trust rating for this broker is the average between the opinion of our independent expert and the ratings of users of this site.



  • Not found
  • Fake broker
  • Dangerous scammers
  • Fraud and money scam
  • Low project quality
  • Fake contact information

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  • Rhett

    March 6, 2024 / at 3:00 am

    This broker has had cases of delays in the accrual of bonuses and promotions. They did not fulfill their obligations and violated the terms of the offers.

  • Colson

    February 21, 2024 / at 11:14 am

    I had problems with technical support for this broker. Their specialists were not competent and did not provide adequate assistance.

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