CashFX Offers Forex Training for Traders of All Experience Levels

Post Views: 281

With interest rates at historic lows and inflation climbing, your savings is losing buying power if you have it invested in traditional products like treasury bonds or certificates of deposit. However, getting into the market can be scary, especially if you’ve never bought or sold stocks of stock funds before. That’s why CashFX was created, to help new investors learn the ins and outs of Forex trading (trading on foreign exchange markets).

What is CashFX?

CashFX (short for Cash Forex Group) is a stock trading platform designed to help teach traders of all skill levels the ins and outs of Forex trading. According to the company website, CashFX “contracts its platform to brokers regulated by the Financial Services Authority of Dubai and the Financial Conduct Authority in London. The company itself holds registration with the Financial Services Authority of Seychelles and the Financial Conduct Authority of South Africa.”

Part of the CashFX platform is their unique Trading Academy Pack (TAP). Their training program allows you to “learn while you earn”. Unlike many other stock trading programs, they use real trades and real money to teach you the intricacies of market trading. They feel this is the way to get your attention, keep your interest and gain your trust.

How does it work? TAP puts you in touch with a group of trading experts who guide you through advanced trading lessons. You’ll start with the basics and advance to the apex of trading know-how. They start at the beginning, but if you already have trading experience, you have the option to bypass the early, basic lessons. As a part of TAP, they handle a variety of trade contracts, starting at $300 and capping at $100,000. They do this so that students from all socioeconomic backgrounds can take advantage of their program. They want everyone to have a chance at financial freedom.

Students who choose to invest see 70 percent of their money automatically placed on the Trading Pool. The remaining 30 percent goes toward the TAP. What this means for you is that if you invest $1,000, $300 goes to TAP, instead of going to the company. Part of that goes to compensate your sponsor/teacher. The other half goes toward unilevel commissions.

You can withdraw at any time, and they’ll refund your 70 percent less any penalty fee. Unfortunately, the 30 percent is non-refundable since those funds are paid out right away.

Are you a bear or a bull?

When you join CashFX, you get to decide if you are a network builder (bull) or an investor (bear). A bear earns two times his or her investment amount. At that point, he or she “graduates” and must either withdraw the invested funds or upgrade to a larger package. While you’re in the CashFx program, you’re required to withdraw your earnings regularly and transfer them to bitcoin.

A bull (or network builder) earns twice the money he or she invests in the trading pool and an additional two times from networking. For example, if a…