CashFX Group at a Glance

We wouldn’t want to join a company that gets shut down due to bad business decisions or non-compliance issues.

We are going to take the time to review the information about the company, the products, and the compensation plan to see how the program really works.

We decided to take a closer look at Cash FX Group due to the growing interest that we started seeing in the social websites that we are part of.

Having said that, let’s dig in and see what we can learn.

Cash FX Group Review – What Is It?

The CashFX business model combines assisted trading systems with algorithms in the Forex Market, Network Marketing, and Interactive Educational Programs, creating a unique experience for our global membership. The multi level marketing aspect of the company gives you the opportunity to earn money through the referral commissions that you can earn from it.

The company has an investment opportunity with financial trading education levels that reflect the cost per level that a person joins at.

The niche that we would consider the company to be in is the Forex and Crypto trading niche.

Company Overview

CFX was developed by professionals that have always wanted more from life. The group includes professionals and experts in project management, network marketing, financial markets and include highly trained staff in the educational arena. The CFX team shares a passion to help

One of the things that we like to see when we take a look at a company that we can make money with is who owns it.

This gives us the opportunity to learn more about the background and the experience that the owner has to make a better judgment on whether or not it is a solid program or not.

Founders

Huascar Lopez (CFX CEO)

Years of dedicated hard work as an entrepreneur an industry leader in network marketing and a cryptocurrency  success story, have helped Huascar achieve a key professional dream with the launch of the CFX.CFX is dedicated in sharing his vision of prosperity, financial freedom and higher financial education for hundreds of thousands of family globally.

Edwin Abad (VP Trading of Operations)

With CFX, Edwin continues pursuing his passion for forex trading. Years of study in the forex market and previous years as the owner of a successful engineering firm, have helped him gain the critical skills required to lead the CFX trading and technology team.

Corporate Office

The CFX corporate offices are in Panama City, Panama (RBS Tower Av. Balboa con Calle Ramon H Jurado, piso 9. Punta Paitilla. Panama) This 10,000sq.ft facility will allow all key CFX corporate team members to operate in one location.

The offices have an open-door policy to all CFX global family members, with board rooms for CFX senior staff to personally meet members that travel to Panama. The company website is https://cashfxgroup.com

These board rooms may also be used for members sharing the vision and mission of CFX with guests.

How Cash FX Group Is Helping People Master Forex Trading

The Cash Forex Group (Cash FX) provides online trading classes on different aspects of the Foreign Exchange market (Forex). Those who wish to learn about the principles behind these markets will find everything from introductory overview of the origin of trading to customized strategies for their individual trading accounts. The vision of this platform was for it to be both full-service and all-inclusive. With its global membership and automated tools, there are so many opportunities to capitalize on what is the largest financial market in the world.

The Infrastructure Behind the CFX Academy

Those who join the academy are supported by both the CFX Academy technology and the CFX corporate offices in Panama City, Panama. Whether they want to dabble in forex or immerse themselves fully, they have the option to style the curriculum to fit their needs. There are three interactive learning series, including Elemental, Advanced, and Supreme. The structure gives people the chance to work their way up or start on their level. This eliminates any frustration they might feel by starting with the wrong concepts in an environment that is easy to navigate and review lessons as many times as is required.

In addition to offering an array of options, this is an environment that can be scaled to meet the needs of the future too. It is entirely custom-built to welcome hundreds of thousands of members all over the world. The potential for growth is unlimited, as is the ability to add professional coaching from experts in areas relating to personal and financial growth and success.

The Right Financial Foundation

In today’s culture, having the right financial foundation is more than a luxury, it has become a necessity. No matter the financial health of a person, there are financial principles that are essential to learn and use if one wishes to attain success that has eluded them to this point within their life.

The wealth divide in today’s society is only becoming more extreme. We are seeing this quickly expand in all countries, not only in western countries. The Cash FX Group is not ignoring these very obvious and troubling social developments, in fact it was part of the reason the founders of the platform decided to invest unlimited time and resources to launching CFX. If people are going to get a leg up, they need solid support that they can count on.

The Benefits of Networking

It’s not always easy for people to get invested in online classes. Some will always need a more real-life element attached. It’s why the CFX Academy plans to give members the chance to meet one another and learn from both financial experts and peers alike. By covering an array of wealth-building topics, the goal is to give people more confidence with every financial move they make. There is much to learn about financial success, fortunately, it is worth the effort, as taking control of one’s finances and financial understanding is the foundation for the time and wealth freedom that all people dream of.

Finding the right approach to building wealth can be difficult. The sea of options can thwart a person before they even get started, regardless of their background or resources available. With the CFX Academy, people can become part of something valuable, surrounded by like-minded and enthusiastic members globally.

How Does The Cash FX Group Compensation Plan Work?

In this section of the review, we are going to see how the compensation plan works and how you can make money with the Cask Forex Group opportunity.

There are 2 ways that you can make money with the compensation plan which are:

• 1. ROI Commissions also known as a Bear or non-recruiting member
• 2. Referral Commissions also known as a Bull or recruiting member 

Getting Started

There are several levels that you can get started as an affiliate member to earn from the ROI and referral commissions.

On whatever package amount you start with, your package contract entitles you to earn 200% interest as a Bear (non-recruiting member) before package expires. You also have the option to use part of your earnings to upgrade to a higher package by paying the difference between the current package and the new package you wish to upgrade to. Take note the upgrade MUST be done before reaching the 200% cap.

As a Bull (Recruiting member or networker), your contract entitles you to earn 400% in total on whatever package you’re operating. This is your Bear earnings (trading plus forced matrix) and Bull earnings (Fast start bonus plus Unilevel commissions). Like the Bear you can also upgrade by paying the difference to a higher package as long as you do so before you reach the 200% cap on your Bull earnings (very important to keep an eye on The Bull earnings if you are building a growing team!)

Here is a breakdown of all of the investment levels that you can get started at:

• The $300 Package – This level requires a $300 investment. You will get 150 PV in the Leadership Program.
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• The $500 Package – This level requires a $500 investment. You will get 250 PV towards the Leadership Program and 350 PV for the Trade Pool Deposit.
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• The 1,000 Package – This level requires a $1000 investment. You will get 500 PV towards Leadership Program and 700 PV for the Trade Pool Deposit.
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• The 2,000 Package – This level requires a $2000 investment. You will get 1,000 PV towards Leadership Program and 1,400 PV for the Trade Pool Deposit.
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• The 5,000 Package – This level requires a $500 investment. You will get 2,500 PV towards Leadership Program and 3,500 PV for the Trade Pool Deposit.
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• The 10,000 Package – This level requires a $10,000 investment. You will get 5,000 PV towards Leadership Program and 7,000 PV for the Trade Pool Deposit.
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• The 20,000 Package – This level requires a $20,000 investment. You will get 10,000 PV towards Leadership Program and 14,000 PV for the Trade Pool Deposit.
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• The 30,000 Package – This level requires a $30,000 investment. You will get 15,000 PV towards Leadership Program and 21,000 PV for the Trade Pool Deposit.
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• The 50,000 Package – This level requires a $50,000 investment. You will get 25,000 PV towards Leadership Program and 35,000 PV for the Trade Pool Deposit.
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• The 100,000 Package – This level requires a $100,000 investment. You will get 50,000 PV towards Leadership Program and 70,000 PV for the Trade Pool Deposit.

The difference between the 200% and 400% cap that was mentioned earlier applies to the MLM side of the compensation plan and to the passive income profits that the company offers.

• The MLM Cap – 400% weekly.
• The ROI Cap – 200% weekly.

The maturity date that the company offers is also the 200$ for the passive ROI returns and 400% for the MLM side of the commissions that you earn.

The way they teach you is to reinvest the money right after it matures to earn even more money.

One thing to take note of is the withdrawal fee.

The company will take 20% from your commission withdrawal where 50% of that 20% will go toward the referral commissions that are earned from the MLM compensation plan.

Ranks And Qualifications

There are a total of 7 ranks that you can qualify for in the Cash Forex Group opportunity.

The higher the rank that you can qualify for will mean the more money that you can make with the company.

Here is a breakdown of what each rank is and the qualifications that you need in order to reach them:

• Affiliate Rank – To qualify for this rank, you will need to purchase one of the investment packages.
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• Executive Rank – To qualify for this rank, you will need to join at the 1K level investment with a 500 PV or higher level, recruit and maintain 3 investing members with a total downline of at least 7000 GV.
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• Manager Rank – To qualify for this rank, you will need to join at the 1K level investment with a 500 PV or higher level, recruit and maintain 2 Executive Rank or higher with a total downline of at least 25,000 GV.
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• Director Rank – To qualify for this rank, you will need to join at the 1K level investment with a 500 PV or higher level, recruit and maintain 2 Manager Rank or higher with a total downline of at least 100,000 GV.
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• President Club Rank – To qualify for this rank, you will need to join at the 1K level investment with a 500 PV or higher level, recruit and maintain 3 Director Rank or higher with a total downline of at least 500,000 GV.
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• Ambassador Rank – To qualify for this rank, you will need to join at the 1K level investment with a 500 PV or higher level, recruit and maintain 3 President Club Rank or higher with a total downline of at least 2,000,000 GV.
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• Global Ambassador Rank – To qualify for this rank, you will need to join at the 1K level investment with a 500 PV or higher level, recruit and maintain 2 Ambassador Rank or higher with a total downline of at least 5,000,000 GV.

A couple of terms that were listed here were GV and PV.

Here is what they mean:

• PV – This term is “Personal Volume” which is the volume or the investment PV from your personal investment volume.
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• GV – This term is “Group Volume” which is the volume or the investment PV (volume) from your entire down-line.

Referral Commissions

Cash FX Group also pays out 50% of all of your personally enrolled members.

What the company does is take 50% of the Academy Pack PV that you personally recruited joins at and pays you on that volume.

For example, if you recruit someone that joins at the 500 Level, the PV that the member gets is 250 PV, and you will earn $125 from that sale.

Residual Commissions (Unilevel)

The company also offers 2 sets of residual commissions that you can earn when an affiliate member makes an investment.

The company uses the unilevel compensation plan for the first one to pay these commissions.

For those that are not familiar with how the unilevel compensation plan works, here is a quick breakdown:

• 1st Level – The first level of your unilevel compensation plan will only have your personally recruited members on it.
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• 2nd Level – The second level of your unilevel compensation plan will only have team members that your level 1 members personally recruited on it.
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• 3rd Level – The third level of your unilevel compensation plan will only have team members that your level 2 members personally recruited on it.
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• and so on…

Hopefully, this explanation gives a better understanding of how the unilevel pay plan works for those that are unfamiliar with it.

Cash FX Group offers an unlimited amount of levels that you can earn in their unilevel compensation plan.

Depending on the rank that you are qualified at in the company will depend on the amount and the levels that you can earn on.

Here is a breakdown of what that looks like:

• Affiliate Rank – When you qualify for this rank you can earn 10% on levels 1 to 4.
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• Executive – When you qualify for this rank you can earn 10% on levels 1 to 4 and 20% on levels 5 and 6.
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• Manager – When you qualify for this rank you can 10% on levels 1 to 4, 20% on levels 5 and 6, and 5% on levels 7 and 8.
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• Director – When you qualify for this rank you can 10% on levels 1 to 4, 20% on levels 5 and 6, 5% on levels 7 and 8, and 5% on levels 9.
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• President Club – When you qualify for this rank you can 10% on levels 1 to 4, 20% on levels 5 and 6, 5% on levels 7 and 8, 5% on levels 9 and 10, and 1% from level 11 down.
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• Ambassador – When you qualify for this rank you can 10% on levels 1 to 4, 20% on levels 5 and 6, 5% on levels 7 and 8, 5% on levels 9 and 10, and 1.5% from level 11 down.
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• Global Ambassador – When you qualify for this rank you can 10% on levels 1 to 4, 20% on levels 5 and 6, 5% on levels 7 and 8, 5% on level 9, and 1% on level 10

Residual Commissions (Matrix)

The second residual commissions that the company offers are paid out using the matrix compensation plan structure.

The matrix structure is a set amount of rows and levels that you can earn from.

Cash Forex Group offers a 3X10 matrix that you can earn even more residual commissions from.

You can fill any of the positions through direct or indirect sales from you or your team (down-line) members.

Do you remember the withdrawal fee that we mentioned above?

The company takes 20% of the 50% commissions that you earn from personally sponsored members.

This is what they use to pay out all of these commissions.

The matrix commissions that you can earn will depend on how much you have invested.

Here is how that works:

When you join the $300 or $500 investment level, you can earn 3% on levels 1 to 3.

When you join the $1,000 investment level, you can earn 3% on levels 1 to 3 and 5% on level 4.

When you join the $2,000 investment level, you can earn 3% on levels 1 to 3, 5% on level 4, and 6% on level 5.

When you join the $5,000 investment level, you can earn 3% on levels 1 to 3, 5% on level 4, 6% on level 5, and 10% on level 6.

When you join the $10,000 investment level, you can earn 3% on levels 1 to 3, 5% on level 4, 6% on level 5, 10% on level 6, and 30% on level 7.

When you join the $20,000 investment level, you can earn 3% on levels 1 to 3, 5% on level 4, 6% on level 5, 10% on level 6, 30% on level 7, and 20% on level 8.

When you join the $30,000 investment level or higher, you can earn 3% on levels 1 to 3, 5% on level 4, 6% on level 5, 10% on level 6, 30% on level 7, 20% on level 8 and 10% on levels 9 and 10.

The company will also payout and an extra 10% matching bonus on your personally recruited residual earnings.

Leadership Matching Bonuses

The Leadership Bonus is reserved for Executive ranked members and higher.

Receive a 50% Matching Leadership Bonus when your personally referred leaders reach your leadership level or higher.

What Is The Cost To Join Cash FX Group?

The minimum cost to join Cash FX Group is $300.

However, the company offers several investment levels that can range up to $100,000.

The company offers a 200% or 400% ROI on your investment, and once that cap is reached you can re-invest those earnings to earn more money with the company through the same methods.

Inclusion on Cash Forex Group Review

We have taken the time to review the information about the company, the products, and the compensation plan.

At this point, you should have a good idea about what it is, how it works, what they offer, and how you can make money with Cash FX Group.

What are your thoughts about it up to this point?

Share your thoughts on the comment sections below.

With that said, we hope you enjoyed our Cash FX Group review.

If you found this review helpful, make sure to click on the social share buttons on this page and share it with others so that people can learn exactly what the Cash FX Group is really all about.

You can join and be part of this opportunity by clicking HERE to register or follow our Telegram group by clicking here for more.

 

Thank you for your support!

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Business Plans: A Step-by-Step Guide

Business plan is the key ingredient for a successful business and is often ignored. Whether you’re starting or growing your business, you need a business plan. Your plan will provide the road map to achieve the success you desire. The question shouldn’t be IF you write your plan, but how to write a business plan that will take your company to the level you want it to attain.

Your business plan is essentially your answers to a comprehensive list of questions. The first and most important question is this: where do you want your business to get to? Stated differently, what do you want your business to look like in three, five, ten or years ahead? What level of revenue and profit will you have at that time? How many employees? How many locations? And so on.

Likewise, your business plan should answer these questions for a shorter time period, particularly one year. That is, what are your business’ goals and objectives for the current year, and what you must accomplish to make the year a success. 

In other to put up a detailed business plan, below are the core business planning questions you naturally have to answer that will drive your business to the desired goals you want to achieve:

1.    Company Analysis: what products and/or services do you offer now and/or what will you develop and offer in the future?

2.    Industry Analysis: how big is/are your market(s) and how are they changing? What trends are affecting them and do these trends bode well for your future success? (A good way to test your understanding is to test market your product or service before your start. You think you have a great kite that will capture the imagination of kite fliers throughout the world? Then hand-make some of them and try selling them first.)

3.    Competitive Analysis: who are your competitors and what are each of their key strengths and weaknesses? (SWOT Analysis) In what areas will you have or gain competitive advantage? How?

4.    Customer Analysis: who are your target customers? What are their demographic and/or psychographic profiles? What are their needs?

5.    Marketing Plan: how will your reach your target customers? What promotional tactics and marketing channels will you use? How will you price your products and/or services? What brand positioning do you desire for each?

6.    Management Team: who comprises your current team and what key hires must you make in order to execute on the opportunity in front of you. Will you build a Board of Advisors or Directors, and if so, who will you seek? . (Look for people who you like and admire, have good ethical values, have complementary skills and are smarter than you. Plan to hire people who have the skills that you lack. Define your unique ability and seek out others who turn your weaknesses into strengths.)

7.    Operations Plan: what is your action plan? What are the milestones you must accomplish to go from where you are now to where you want to be at a specific period of time? Say at end of five, ten or twenty years? Place some reasonable limits on long-term, future projections. (Long-term means over one year.) Better to stick with short-term objectives and modify the plan as your business progresses. Too often, long-range planning becomes meaningless because the reality of your business can be different from your initial concept.

8.    Financial Plan: how much external funding (if applicable) do you need to build your company? In what areas will these funds be invested? What are your projected revenues and profits over the next one to five years? What assets must you acquire?

(Most entrepreneurs do not come from accounting backgrounds and need to learn these skills. Would you bet your savings in a game where you don't know how to keep score? People mistakenly do it in business all the time. You need to learn basics in accounting, computer software and cash flow management)

Answering the questions in these eight key business plan sections helps you formulate specific business goals. They also help you answer the most important question to include when you write the Executive Summary of your business plan, which is this: why is your business uniquely qualified to succeed?

There are many reasons why your business might be uniquely qualified to succeed. For example, it could be the quality of your management team. Or unique technology and/or partnerships you’ve created. But importantly, if you have no unique qualifications, it’s too easy for competitors to steal your customers and market share at any time.

So, if you’re thinking right now about how to write a business plan, sit down and start answering the questions outlined above. It’s the thinking and strategizing part which is actually more important than the writing part. Sure, if you want others to read and/or fund your business, your plan has to read well and be formatted properly. But it’s the content in the business plan, your strategy and reasons why you’ll succeed, that will prompt others to invest or otherwise join you in your conquest to build a thriving business!

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