CFX (CUBUSFX)
Introduction
CFX, also known as CUBUSFX, is a broker firm that provides a platform for forex trading, commodities, indices, and stocks. The firm has been in the industry for some time and has managed to gain a reputation among traders. This review will delve into the operations, features, and services of CFX.
Trading Platforms
MetaTrader 4
CFX offers MetaTrader 4 (MT4), one of the most popular trading platforms in the forex industry. MT4 is known for its user-friendly interface, advanced charting capabilities, and a wide range of technical indicators. It also supports automated trading through Expert Advisors (EAs).
WebTrader
In addition to MT4, CFX also provides a WebTrader platform. This is a web-based trading platform that allows traders to access their accounts from any device with an internet connection. It offers a variety of trading tools and features, including real-time quotes, advanced charting tools, and a range of technical indicators.
Trading Accounts
CFX provides a range of trading accounts to cater to different types of traders. These include Standard, Premium, and VIP accounts. Each account type comes with different features and benefits, such as lower spreads, higher leverage, and access to premium services.
Customer Service
Customer service is a crucial aspect of any broker firm, and CFX doesn’t disappoint in this regard. The firm offers 24/5 customer support through various channels, including email, phone, and live chat. The customer service team is responsive and helpful, providing prompt and accurate responses to queries and issues.
Education and Training
CFX provides a range of educational resources to help traders improve their trading skills and knowledge. These include webinars, ebooks, video tutorials, and a comprehensive FAQ section. These resources are beneficial for both beginners and experienced traders.
Regulation and Security
When it comes to regulation and security, CFX falls short. The firm is not regulated by any recognized financial authority, which raises concerns about the safety of funds and the integrity of its operations. Furthermore, CFX does not provide much information about its security measures, which further adds to the uncertainty.
Conclusion
In conclusion, CFX offers a range of attractive features, such as a variety of trading platforms, a range of trading accounts, and a comprehensive education section. However, the lack of regulation and transparency about its security measures are significant drawbacks. Traders should exercise caution and conduct thorough research before deciding to trade with CFX.
I had a terrible experience with CFX (CUBUSFX). Their customer service was unresponsive and unhelpful, and I found their platform to be clunky and unreliable. I also had issues with withdrawals, with funds taking much longer to reach my account than promised. Overall, I would not recommend this broker to anyone looking for a reliable and trustworthy trading platform.