CFX Point Review
CFX Point is an online trading broker that provides traders with multiple trading platforms to facilitate the online trading of several financial instruments, across different asset classes, including forex, stocks, indices, metals, commodities, and more. They offer a variety of trading account types to suit traders of all levels while the customer support team is available 24/5 to assist traders.
CFX Point Review, Pros & Cons
- Multiple trading platforms
- Several financial instruments
- A range of trading tools & learning materials
- Unregulated broker
- Located offshore
- No USA clients
- Limited account funding options
- No live chat support
In this detailed CFX Point review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
CFX Point Overview
CFX Point is an online financial services provider that gives traders access to trade multiple financial assets online with a range of favorable trading conditions, such as deep liquidity sources, leverage of up to 1:400, no dealing desk, 24/5 help desk support, and more. Trades are executed via a range of top-rated trading platforms, including MetaTrader 4 (MT4) and Sirix Web Trader.
CFX Point Regulation
There is no regulatory information on the broker’s website presently. Many experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can. Please see our trading broker reviews for alternative regulated brokers.
CFX Point Countries
The information on the broker’s website is not directed at any jurisdiction and is not intended for any use that would be contrary to local law or regulation, and as such, it is directed at investors outside the United States who are not U.S./Japanese citizens and residents.
Some CFX Point features and products mentioned within this CFX Point review may not be available to traders from certain countries because of legal restrictions.
CFX Point Platforms
The broker provides traders with a range of sophisticated trading platforms, including the following:
This is an advanced trading platform that was developed in 2005 by MetaQuotes. It is packed with a range of useful features to help try and ensure an enhanced trading experience. The platform is available as desktop, web, and mobile versions.
The SirixCrypto is a standalone web-based platform that can be seamlessly integrated into any system to enable cryptocurrency trading irrespective of their existing technology.
CFX Point Trading Platform
This is the broker’s in-house developed trading platform that offers an exclusive set of trading solutions to trade several assets. It is user-friendly and features advanced charting, seamless social trading, trading cubes, and visual trends. It is available as a WebTrader and a mobile app for Android and iOS devices.
Packed with powerful trading tools and rich capabilities, such as complex charting and analysis, Activ8 is a powerful trading platform that includes most things that a retial forex trader needs to trade online.
CFX Point Trading Tools
CFX Point provides traders with a range of useful trading tools, such as market signals, technical analysis, fundamental analysis, and more.
CFX Point Education
Traders also get access to a few educational resources on the broker’s website. They include market news and an FAQ section that offers quick answers to some of the most common questions traders have.
CFX Point Instruments
The following trading instruments are available at CFX Point: forex, stocks, indices, metals, commodities, and more.
CFX Point Accounts & Fees
Traders are offered a live account and a practice account.
As broker fees can vary and change, there may be additional fees that are not listed in this CFX Point review. It is imperative to ensure that you check and understand all of the latest information before you open a CFX Point broker account for online trading.
CFX Point Support
The broker’s customer support team is available 24/5 to give knowledgeable responses to clients’ inquiries, and they can be reached via telephone, email, or by filling the ‘Contact Us’ form on the broker’s website.
CFX Point Deposit & Withdrawal
The following payment methods are accepted at CFX Point for both deposits and withdrawals:
- Bank wire transfer
- Credit/Debit cards, such as Visa and MasterCard
The transaction processing time may vary depending on the payment method.
CFX Point Account Opening
To open a live trading account, click on the ‘Sign Up’ button on the broker’s website and fill in the registration form, entering your name, email, password, phone number, and other details.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
CFX Point Summary
CFX Point is a retail trading broker that makes it possible for traders to conveniently trade a wide variety of trading instruments using multiple trading platforms. The broker offers deep liquidity sources, leverage of up to 1:400, no dealing desk, 24/5 help desk support, and more. However, there is no regulatory information on the broker’s website at the moment which could raise concern with some potential clients.
Trading in forex and CFDs carries a high level of risk and thus can generate great profits as well as great losses. It’s a good practice to never invest more than you are willing to part with as it is possible to lose more than your initial investment. If you do not have enough experience to trade, we suggest you seek independent advice before you invest.