Central Bank of Ireland warns against Cash FX Group.
It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that Cash FX Group (Panama) – has been operating as an investment firm/investment business firm in the State in the absence of appropriate authorisations.
Brokerswatch recommends investing only with brokers that are regulated by reputable authority.
Reputable regulatory authority provides additional protection to investors by ensuring that financial firms apply proper standards and rules. Additionally, if the broker tries to cheat you out of your money, it is the regulator’s job to force the financial firm to compensate you for any wrongdoing.