Launched in 2017 in the Marshall Islands, CFX Point is an online trading broker that offers access to the global financial markets, including forex, stocks, indices, metals, commodities, and CFDs. They provide traders with several trading platforms and also offer a selection of helpful trading and learning tools, whilst there is a professional client support team on hand to assist traders. Clients also benefit from some favourable trading conditions, such as STP/ECN execution, zero commission fees, low spreads, and leverage of up to 1:400. The minimum deposit required to operate an account is $250.
CFX Point Review Introduction
In this CFX Point review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including CFX Point.
CFX Point Platforms & Tools
CFX Point’s clients get to trade with any of the following trading platforms:
This is an advanced trading platform that was launched in 2005 by MetaQuotes. The platform is packed with several useful trading tools and has a user-friendly interface, which makes it suitable for traders of all levels. The broker makes the MT4 platform available in desktop, web, and mobile versions.
This is a web-based trading platform that runs directly on most modern web browsers. It integrates seamlessly on any system and can be used to trade cryptocurrencies.
CFX Point Trading Platform
This is the broker’s proprietary trading platform that is available in the web and mobile versions. It is user-friendly and features advanced charts, social trading, trading cubes, visual trends, and more.
This is an advanced trading platform that is primarily developed to suit the trading needs of a retail trader. The platform has complex charting and analysis tools and other rich trading capabilities.
Traders also are provided with some useful trading tools to enhance their overall trading experience. They include market signals, technical analysis, fundamental analysis, and more.
CFX Point Research & Education
The broker’s website contains an FAQ section as well as a news section that keeps clients in the know on the events in the markets.
CFX Point Trading Accounts
The broker offers a single live trading account that requires a minimum deposit of $250. There is also the demo account that is designed specifically for practice purposes.
CFX Point Account Funding
Both account deposit and withdrawal requests at CFX Point are processed using the following payment methods: bank wire transfer and credit/debit cards, such as Visa and MasterCard.
CFX Point Customer Service
CFX Point provides traders with a knowledgeable customer support team that is available 24/5 to respond to their general, technical, and account-based inquiries. They can be contacted through telephone, email, or by filling the ‘Contact Us’ form on the broker’s website.
CFX Point Regulation
There is no regulatory information on the broker’s website at the moment. An unregulated brokerage firm does not guarantee the safety of clients’ funds.
CFX Point Review Summary
CFX Point is an online forex and CFD broker that operates from the Marshall Islands. They offer multiple financial assets for trading on various trading platforms. Traders benefit from educational resources, trading tools, and a customer support team. The minimum deposit required to open an account is $250. However, the broker is not regulated by any well-known financial authority at the moment.
It is worth mentioning that some of the trading products and services in this CFX Point review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the CFX Point broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.