Is Watercfx a Good Broker or a Scam?
Watercfx claims it is a broker that makes people money. However, there is nothing to back these claims up. We could not find any licensing information, any transparency about who is behind the broker, or contact information. Watercfx is like many of the scam brokers we review. It fills its website with fluff that contains plenty of promises but no licensing information. That is reason enough not to trust this broker.
We Have Some Concerns with Watercfx
Would you see a doctor who had no medical degree? Would you get into a taxi with a driver who has no driver’s license? It would be foolish to do so. By the same token, there is no reason to trade money with a broker who doesn’t have a license. Therefore, stay away from Watercfx or any other broker that is not regulated. Instead, research regulated brokers and choose one that is reliable and offers the services you are looking for.
Watercfx Red Flags
- No license
- No transparency
- No contact information
- Bad reviews
Lost Money to Watercfx? Talk to Us!
Our experts understand brokers–reliable ones and scam operations. We have researched brokers and have created these reviews to help consumers make the right choice for trading. We recommend that you avoid Watercfx and instead find a reliable and licensed broker. If you have lost money to this broker, contact us and we will help you locate your funds.