CFx Automatic (cfxautomatic.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: cfxautomatic.com.
My withdrawal from CFx Automatic (cfxautomatic.com) was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for about eight months of being strung along.
Pros: Easy withdrawals|Copy trading available|Regular updates
Cons: Mobile app could be improved
I opened an account with CFx Automatic (cfxautomatic.com) for the past six months ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Clean UI|Two-factor authentication|Comprehensive tools
Cons: Could offer more webinars
I lost a significant amount because CFx Automatic (cfxautomatic.com) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Multi-currency support|Responsive team|Fast deposits|Low minimum deposit
Cons: No live chat on mobile