Score
CFI Group
Mauritius|10-15 years| https://cfifinancial.com/en
Website
Rating Index
MT4/5 Identification
MT4/5
Full License
CFI2-Real
Influence
A
Influence index NO.1
Brazil 7.83MT4/5 Identification
MT4/5 Identification
Full License
United KingdomInfluence
Influence
A
Influence index NO.1
Brazil 7.83Contact
Single Core
1G
40G
1M*ADSL
- The Vanuatu VFSC regulation with license number: 700479 is an offshore regulation. Please be aware of the risk!
Basic information
MauritiusVisiting CFI Group in Cyprus, Office Exists
A field survey confirmed that the actual address of CFI Group was consistent with its registered address. The company claims to hold a full licence from CySEC (No.179/12) and an EU authorized representative’s licence from the UK FCA (No. 602588). But checks with these regulators show that the licensing issued by the FCA had been canceled. Investors can consider choosing the company.
CyprusVisiting Cyprus broker CFI Financial
A field survey confirmed the existence of CFI Financial’s physical business site. Although the company claims to hold licenses from the UK FCA (602588), German BaFin (133881) and Cyprus CySEC (179/12), check results show that some of these licensing details are problematic.
CyprusVisiting CFI Group in Cyprus, Office Exists
A field survey confirmed that the actual address of CFI Group was consistent with its registered address. The company claims to hold a full licence from CySEC (No.179/12) and an EU authorized representative’s licence from the UK FCA (No. 602588). But checks with these regulators show that the licensing issued by the FCA had been canceled. Investors can consider choosing the company.
CyprusVisiting Cyprus broker CFI Financial
A field survey confirmed the existence of CFI Financial’s physical business site. Although the company claims to hold licenses from the UK FCA (602588), German BaFin (133881) and Cyprus CySEC (179/12), check results show that some of these licensing details are problematic.
CyprusAccount Information
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Sources
Language
Mkt. Analysis
Creatives
WikiResearchWebsite
cfifinancial.co.uk
Server Location
United States
Website Domain Name
cfifinancial.co.uk
Server IP
15.197.148.33
-
cfi.trade
Server Location
United States
Website Domain Name
cfi.trade
Server IP
172.65.52.244
-
cfifinancial.com
Server Location
Netherlands
Website Domain Name
cfifinancial.com
Server IP
160.153.221.188
Genealogy
VIP is not activated.Company Summary
| CFI GroupReview Summary | |
| Founded | 1998 |
| Registered Country/Region | Mauritius |
| Regulation | CySEC, FCA, SCA, BDL, FSA/VFSC (offshore) |
| Market Instruments | Forex, Stocks, Metals, Energies, Indices, ETFs, Crypto, Bonds, Futures |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| EUR/USDSpread | 0.4 - 1.1 pips (Zero Commission Account) |
| From 0 pips (Dynamic Trader Account) | |
| Trading Platform | CFI Trading APP, MT4, MT5, Trading View, cTrader, CFI Multi-Asset |
| Social Trading | ✅ |
| Min Deposit | $0 |
| Customer Support | 24/7 Online Chat |
| Tel: +230 4608266 | |
| Email: global@cfi.trade | |
| Social media: Twitter, Facebook, Instagram, YouTube and Linkedin | |
| Address: The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebene, Grand Floor, Republic of Mauritius | |
CFI Group was established in 1998, based in Mauritius. It offers a variety of products, such as forex, stocks, bonds, futures, and so on. In CFI Group, two types of accounts are available: Zero Commission Account and Dynamic Trading Account, and customers also have access to a free demo account. More importantly, it is regulated, and its platforms are stable. However, it is offshore regulated by two authorities, and its leverage can be up to 1:500, which means potential risks still exist.
Pros and Cons
| Pros | Cons |
| Long operation time | Offshore regulation risks |
| Regulated well | Limited account types |
| Various market instruments | No Islamic account |
| Demo accounts | |
| MT4 and MT5 provided | |
| No minimum deposit | |
| No deposit and withdrawal fees | |
| 24/7 live chat support |
Is CFI Group Legit?
CFI Group is regulated by CySEC, FCA, SCA, BDL, and offshore regulated by FSA and VFSC. Besides, the Cyprus Securities and Exchange Commission (CySEC) once sanctioned CFI Group for possible violations of the Law. Therefore, please be aware of potential risks.
| Regulated Authority | Current Status | Regulated Country | License Type | License No. |
| Cyprus Securities and Exchange Commission (CySEC) | Regulated | Cyprus | Market Making (MM) | 179/12 |
| Financial Conduct Authority (FCA) | Regulated | UK | Straight Through Processing (STP) | 828955 |
| Securities and Commidities Authority (SCA) | Regulated | UAE | Retail Forex License | 20200000154 |
| BANQUE DU LIBAN (BDL) | Regulated | Lebanon | Financial Service | 40 |
| The Seychelles Financial Services Authority (FSA) | Offshore regulated | Seychelles | Retail Forex License | SD107 |
| Vanuatu Financial Services Commission (VFSC） | Offshore regulated | Vanuatu | Retail Forex License | 700479 |
What Can I Trade on CFI Group?
On CFI Group, customers can explore the forex, stocks, metals, energies, indices, ETFs, crypto, bonds, and futures markets.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Stocks | ✔ |
| Cryptos | ✔ |
| Indices | ✔ |
| Metals | ✔ |
| ETFs | ✔ |
| Futures | ✔ |
| Energies | ✔ |
| Bonds | ✔ |
| Options | ❌ |
Account Type
CFI Group provides 2 types of accounts, including Zero Commission Account and Dynamic Trader Account. A free demo account is also available, but CFI Group does not provide an Islamic Account.
| Account Type | Base Currencies | Min Deposit |
| Zero Commission | USD, EUR, GBP, ETC. | $0 |
| Dynamic Trader |
Leverage
The maximum leverage is 1:500 for both account types. Please be careful, because high leverage is likely to bring high potential risks.
CFI Group Spread
| Account Type | EUR/USD Spead | Commission |
| Zero Commission | 0.4 - 1.1 pips | ❌ |
| Dynamic Trader | From 0.0 pips | Low |
Trading Platform
CFI Group supports several types of trading platforms, including CFI Trading APP, MT4, MT5, Trading View, cTrader, and CFI Multi-Asset.
| Trading Platform | Supported | Available Devices | Suitable for |
| CFI Trading APP | ✔ | Mobile | / |
| MT4 | ✔ | Web, desktop, mobile | Beginners |
| MT5 | ✔ | Web, desktop, mobile | Experienced traders |
| Trading View | ✔ | Desktop | / |
| cTrader | ✔ | Desktop, mobile | Stocks traders |
| CFI Multi-Asset | ✔ | Desktop, mobile | / |
Deposit and Withdrawal
The payment options include credit/debit cards, CFI Card by G2P, and wire transfer. More importantly, CFI Group does not charge deposit and withdrawal fees, and there is no minimum deposit/withdrawalrequirement.
| Payment Option | Supported Currencies | Min Deposit/Withdrawal | Processing Time |
| Credit/debit cards | USD, AED | $0 | Instant |
| CFI Card by G2P | USD | Instant | |
| Wire transfer | USD, GBP, AED | 1-5 days |
Keywords
- 10-15 years
- Regulated in United Kingdom
- Regulated in Cyprus
- Regulated in United Arab Emirates
- Regulated in Seychelles
- Regulated in Lebanon
- Regulated in Vanuatu
- Straight Through Processing(STP)
- Market Making(MM)
- Retail Forex License
- Financial Service
- MT4 Full License
- MT5 Full License
- Global Business
- Medium potential risk
- Offshore Regulated
News
News CFI Partners with MI Cape Town, Cricket Team
CFI, a leading financial services provider, announced its partnership with the MI Cape Town cricket team. This exciting collaboration marks a significant milestone for both organizations, as they come together to promote excellence, teamwork, and community engagement.
2024-12-19 17:30
News CFI partners with Khaleeji Zain 26, Arabian Gulf Cup
CFI recently announced that it will be the official sponsor of the Khaleeji Zain 26 Arabian Gulf Cup, which will take place in Kuwait from December 21 to January 3.
2024-11-05 19:54
News CFI Opens its Third Office in Sharjah, UAE
CFI, a leading forex broker, has announced the opening of its third office in Sharjah, United Arab Emirates (UAE). CFI UAE holds a Category One license from the UAE Securities and Commodities Authority (SCA).
2024-10-17 18:52
News CFI is Sponsoring NBA Abu Dhabi Games 2024
CFI Became the Official Online Trading Partner of the National Basketball Association (NBA) Abu Dhabi Games 2024 presented by ADQ.
2024-09-27 14:11
News CFI Enhances UAE Operations with Abu Dhabi
CFI Financial Group has announced the extension of its UAE-regulated entity, CFI Financial Markets LLC (CFI UAE), into Abu Dhabi as a strategic step to strengthen the CFD broker's footprint in the UAE.
2024-09-06 16:04
Exposure Is CFI Financial Global Your Best Choice for Trading? WikiFX Review
Looking for a credible trading platform? Discover why CFI Financial Global may be your best choice, and how WikiFX can help you stay informed.
2023-07-31 13:40
Review 8
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Review 8
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Mark Martinez
France
Great service, but rubbish products.
Neutral
06-28
Hamoudy Ibert
Hong Kong
MT4, MT5 and cTrader are all available at CFI Group, so you can trade in a good trading environment. And this broker also holds valid licenses, but the question is that Financial Conduct Authority (license number: 602588) seems to be a suspicious clone, which makes me feel worried about their credibility.
Neutral
2022-11-22
FX1707711665
Australia
Tight spreads and quick withdrawals. Customer support is also very responsive and helpful. It deserves a five star rating!
Positive
07-16
Lê Minh Quân
Vietnam
CFI Group seems like a reliable broker who upholds their promises. Withdrawals have never been an issue for me. I took losses early on while learning the ropes, but that's not a reflection on CFI - their charts are clearly legit (easy to verify with other resources). Forex success isn't a walk in the park, but overall, CFI Group is a good choice.
Positive
05-08
bashar9910
Egypt
I find CFI extremely friendly in terms of spreads and reliability. Tr demo to see yourself, if it is for you, but in my opinion, there's all the necessary tech infrastructure for scalper like me, plus an access to exotic instruments.
Positive
2023-10-13
Patah
United Arab Emirates
For me, the security is paramount, and CFI is reliable in this regard, they having been operating in the market for 25 years, they even have their office in Dubai
Positive
2023-09-21
Camellia Lee
Australia
CFI Group provides mt4 & mt5, 400 times generous leverage up, tight spreads, the most encouraging point is, requiring no minimum deposit, this means you can decide your own investment amount, isn’t attractive?
Positive
2022-11-22
娄哲人
Hong Kong
To date I love the services that CFI offers. It has high leverage, MT4, MT5, many products traded... Withdrawals are a bit slow but bearable. Well, in general, my experience with CFI has been satisfactory.
Positive
2022-11-18