teacknine
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The Financial and Consumer Affairs Authority (FCAA) is aware that an online trading platform, Cash FX Group (also known as Cash Forex Group, CashFX, CFX), is offering Saskatchewan residents a Multi-Level-Marketing opportunity to invest in forex. Investors pay for training materials to learn how to trade in forex themselves and they invest in a “trade pool” where funds are pooled into a Cash FX corporate brokerage account. The account is purported to invest in derivatives through an off-shore brokerage firm, that is not registered in Saskatchewan.