Cash Forex Trade Review

1/5

Trading options and tools have been becoming much more popular for the vast majority of traders worldwide. This is because these tools have become much more efficient for organizing your trading schedule. Several years ago, you would have to do most of the work manually, which could become exhausting after a while.

If you’ve been trading for a while, you may already know that trading used to be an activity that could take a lot of hours from your day, which wasn’t convenient. Thanks to trading apps, you can now make much better trading decisions and spend much less time monitoring the market.

While you still need to monitor the trading market thoroughly to ensure that you’re not making a mistake, trading apps have proven to be a reliable tool for everyone who wants to take a safer approach to trading in general.

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Regulation
FCA, CySec, FinCen, ASIC
Demo Account
Yes
Available assets
Stocks, ETFs, Crypto, Forex, Commodities, Indices
4.9/5
Deposit Methods
Bank Transfer, Maestro, Visa, MasterCard, Diners Club, PayPal, Skrill, Neteller
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Forex Trading’s Popularity

One of the most popular trading types is Forex trading; this is because it involves one of the biggest financial markets worldwide. In essence, you can trade hundreds of different assets through Forex, and if you make the right moves, you can have positive results in the long run.

However, an important thing to consider about Forex trading is that it’s one of the most stressful trading types for users. If you don’t know how to manage your emotions and strategies, you’re likely going to end up making a mistake; that’s where trading apps come in.

Whether you’re a beginner or a professional trader, you can make the most out of trading apps to achieve much better financial decisions in the future. Still, you must ensure you’re choosing the right trading app for your needs. Not all services work in the same way, and not all of them are legitimate, so you must do your research before signing up for any of these websites.

We understand how exhausting choosing the right trading app can be, so we made our goal to review as many of these apps as possible so that you can have a vast range of options to choose from. 

Today, we’re going to cover the Cash Forex Trade app, which is a relatively new trading app designed to help you with Forex trading in general. If you’re interested in this trading type, we encourage you to keep reading this review since it includes several things you should know about choosing the right app for you.

What Should You Know Before Reading This Review?

As mentioned before, there are some things you must know about choosing the right app for you. While it’s impossible to go over every single app on the market, it’s much easier if you know where to look.

Most trading apps share similar page content, platforms, and features, so you can rest assured you’re going to find something that fits your particular needs. Unfortunately, many scammers and hackers have taken the job of replicating some of the most popular trading services and selling them as new ones.

The thing about these replicated trading apps is that they’re mostly fake and can’t provide you with any useful tool to trade. In the case of Forex trading, you must ensure you’re working with high-quality platforms if you want to avoid making as many mistakes as possible while trading.

If you’re eager to know what our Cash Forex Trade app has in store for you, make sure to read the following list of items we’re going to cover in this review:

Home Page

A trading app’s home page is probably the most important part you must check before signing up. In essence, these pages tell you some important things you need to know about the software before using it.

It may be hard to tell a legit from a scam home page at first, but once you know how to identify scam patterns, you’re going to have a much easier time determining whether the developers are scammers or not.

The home page of a trading app includes useful information, such as a general overview of the software, features, sign-up process, and information about the company. This is the first thing we’re going to cover in this review.

Platform

While it may seem like the platform is the most important part of a trading app, the home page can already tell you if you’re dealing with scammers or not. However, in cases where it’s a bit harder to tell from the website’s content, you may still go into the platform itself to make further investigations.

In this case, our team took a thorough look at the Cash Forex Trade platform to provide you with all the details you may need. Since this is a Forex trading app, there may be a few extra features you may consider before using it, but we’re also going to cover those in this review. 

Additional Features

Finally, our Cash Forex Trade is going to cover some additional features the software may have. These features include extra trading options, trading signals, enhanced deposit/withdrawal platforms, and others. 

Keep reading to know everything about the Cash Forex Trade app!

What Is Forex Trading?

We want to provide you with a bit of context about what type of trading we’re dealing with, so we’re going to give you a quick overview of Forex trading before we start diving into the fundamentals of the Cash Forex Trade app.

Overall, Forex stands for ‘Foreign Exchange Market.’ Here, the market establishes foreign exchange rates for currencies worldwide so that traders can easily trade a currency for another one. 

Considering this is a global marketplace, it holds one of the biggest user communities online. Here, you trade currencies according to their exchange rate pairs. One common example of this is the ‘EUR/USD’ currency pair. In essence, you would be trading the Euro against the U.S. dollar.

What Is Cash Forex Trade?

Cash Forex Trade is an app that claims to allow users to gain deeper insights on the Forex market so that they can make much better trades in the long run. In essence, that’s what most trading apps claim to do, so there’s nothing to worry about at the moment.

The main difference between this trading software and other ones is that Cash Forex Trade focuses solely on Forex. Other popular apps tend to cover a wider range of assets, such as crypto trading, CFD trading, and more.

We like when companies focus on fewer assets since they provide much more tools to assess those particular assets, whereas apps that cover more assets tend to become more overwhelming for the average user.

At first glance, Cash Forex Trade looks like it’s a reputable trading app you can use to assess your Forex trading needs at any moment you want. However, we still need to look at its home page content and platform before giving you a reliable verdict.

What Does Cash Forex Trade’s Home Page Show?

Generally speaking, Cash Forex Trade’s home page gives users a general overview of how Forex trading has taken over the world as one of the most popular trading types, which is true. Additionally, there’s a bit of content that covers the essentials of Forex trading and why it’s good for traders.

The Cash Forex Trade didn’t bother in making a detailed home page, so there’s nothing too special to cover here. One thing we can say about the home page is that it didn’t waste any text trying to convince users to join through unrealistic profit expectations, which is a common tactic that scammers use.

We would have liked the company to share a bit more information about what Cash Forex Trade’s most important features were. There’s a small section that talks about some features you may enjoy from the service, but there’s still not much information there. Overall, if you want more information about the trading app, you must sign up and go into the platform.

Is There Any Information About Cash Forex Trade’s Developers?

As mentioned before, there’s not much information on Cash Forex Trade’s home page, and that includes the ‘About Us’ section from the company. This section often covers the company’s first steps into making the app, what the app can offer you in a nutshell, and more. 

Unfortunately, Cash Forex Trade’s ‘About Us’ page didn’t provide us with any of that information. Instead, we got a generic text about how the app was reliable and effective for your Forex trading sessions. 

How Does Cash Forex Trade Work?

Cash Forex Trade’s business model appears to be similar to others on the market. In essence, all you need to do to start trading with this app is create an account, make a deposit, and start trading according to your parameters.

One thing we want to point out before diving into the platform itself is that we didn’t find any evidence of the regulators the company works with. In essence, regulators are entities responsible for ensuring your information and transactions are legal.

Considering we didn’t find any information regarding Cash Forex Trade’s regulators, we assumed that this app isn’t regulated, which can lead to illegal activity, identity stealing, and more problems for users.

What Can You Find on Cash Forex Trade’s Platform?

Overall, Cash Forex Trade’s platform has the basic tools you need to make Forex trades. We found the platform easy to understand, although we had several issues while using it. The platform is poorly optimized, and it didn’t even respond to some of our commands at some points.

If you’re already an expert trader, you may have no issues using this app. On the other hand, if you’re a beginner, you may have a harder time figuring out how it works.

While using the Cash Forex Trade platform felt weird at first, we managed to get the hang of it. Still, we had to cover the most important part of the platform: the deposits and withdrawals.

One thing we want to note before diving into deposits and withdrawals is that we didn’t find any evidence of real trades happening, so that added up to our confusion.

Making Deposits and Withdrawals with Cash Forex Trade

Unfortunately, this is the part where we started to see many problems with Cash Forex Trade. Overall, you’re not going to have any problems making deposits since the process went smoothly for our team. However, the withdrawal process was too overwhelming.

We took a look at what some users were saying about Cash Forex Trade before writing this review, and we noticed most of them talked about how their payments were delayed, which is a red flag already. In our case, our payment was delayed for several days after we submitted the request.

Additionally, we didn’t get all our money back, which was extremely bad news for this review. The platform makes you believe you’re having a constant flow of positive trades, but it’s virtually impossible to have that many positive percentages in each session. Once with tried making the withdrawal, we had a hard time telling what we had to do to get our money, and the support team doesn’t exist either.

Overall, we weren’t happy with the withdrawal part of Cash Forex Trade. Additionally, we didn’t find any particular features to discuss in this review. Most of the tools the company provides you with are basic and can be found on many other service providers online.

Is Cash Forex Trade a Scam? | Our Verdict

If you’re looking for reliable trading software for Forex, this isn’t it. The platform is way too basic, and it isn’t fully reliable since it sometimes fails to work or crashes unexpectedly. Moreover, several users have reported payment delays, which removes a lot of credibility from the company. 

Money is a delicate subject when it comes to trading, and if you’re dealing with a service that can’t ensure you’re going to receive your money upon command, it may be best to avoid it altogether.

There are several other apps you may try out that are better for Forex trading than Cash Forex Trade. You may read our other reviews to discover what these apps are!