Is Cash FX licensed? https://cashfxgroup.com/

I am wondering if Cash FX is a good broker or a potential scam. Could you assess this broker and give me some advice? Thanks a million!

Cash FX is an UNLICENSED broker and should be avoided at all events. This broker claims to be a Panama-based company under registration RUC 155665763-2-2018 DV 25. Nevertheless, the Panama Superintendencia del Mercado de Valores (SMV) does not issue any licenses for forex trading or brokerage nor does it regulate, monitor, supervise or license international companies engaging in such activities. So Cash FX is currently not regulated or overseen by any financial regulator.

What's worse, the UK's regulator FCA, the New Zealand's regulator FMA and the Panama's regulator SMV have successively added Cash FX to the alert list to warn the public that this firm is not authorised to provide the investment services in their countries. You can check full alert or warning from FCA, FMA and SMV on Cash FX respectively.

As per the evidences above, our final verdict is that Cash FX is thoroughly a scam on account of running its business without any relevant license approved by a reputable regulator. Therefore, we would recommend traders to stay away from unregulated brokers and trade with licensed brokers.