Search

For more information about CFGroup Forex Broker company profile, come to WikiBit!

Rating Index

Pros

Established in 2019, providing a relatively long operational history for a forex broker.
Offers customer service support in multiple languages, including English and Chinese.
Provides various contact methods for customer support, such as phone and email.

Cons

Regulatory status is unclear, with concerns about its legitimacy and oversight.
Has received numerous complaints from users, raising red flags about reliability and service quality.
Lacks a demo account option, limiting new traders from practicing before investing real money.

CFGroup Company

CF Group Company Overview

Company Overview

Founding Date and Background

CF Group was established in 2019 through the merger of two family-owned industrial groups: Chemoform AG, founded in 1962, and Fija SAS, founded in 1975. This merger aimed to leverage their complementary expertise and shared values in the pool and water treatment market.

Parent Company/Ownership Structure

CF Group operates as a private equity-backed entity, primarily owned by the founding families of Chemoform AG and Fija SAS. The ownership structure emphasizes a commitment to quality and customer relationships, reflecting the values of its founding members.

Headquarters Location

The headquarters of CF Group is located in Wendlingen, Germany, at Bahnhofstraße 68. This strategic location supports its operations across Europe and beyond.

Global Business Scope

CF Group is recognized as one of the European leaders in manufacturing and distributing equipment for private and public swimming pools. It operates in over 40 countries, primarily in Europe, and has 17 dedicated production and logistics sites, ensuring a robust international presence while maintaining local customer relationships.

Main Regulatory Bodies

CF Group adheres to various regulatory standards depending on the market it operates in. The primary regulatory bodies include the European Union's safety and quality standards for manufacturing and distribution, along with local regulatory authorities in the countries where it operates.

Back to top

Company History and Development

Key Milestones

  • 1962: Establishment of Chemoform AG in Germany.
  • 1975: Founding of Fija SAS in France.
  • 2019: Merger of Chemoform AG and Fija SAS to form CF Group.
  • 2022: Acquisition of Starline Group B.V. and Artner Handels GmbH, enhancing CF Group's market presence.
  • 2023: Pool Partner joins CF Group, further expanding its footprint in the Austrian market.

Business Expansion Journey

Since its inception, CF Group has focused on strategic acquisitions to enhance its product offerings and market reach. The company has successfully integrated several brands, including Unipool Swimming Pools + Fitness GmbH and Balena GmbH, into its operations to create a comprehensive portfolio of swimming pool and spa solutions.

Customer Base Growth

CF Group serves a diverse customer base, including contractors, pool maintenance professionals, and end-users in the swimming pool sector. The company has developed strong relationships with its historical customers across Europe, contributing to its sustained growth.

Platform Development History

CF Group has invested in developing a robust logistics and production platform to support its extensive product range. This includes state-of-the-art manufacturing facilities and a streamlined supply chain that enhances efficiency and responsiveness to market demands.

Important Awards or Recognitions Received

CF Group has been recognized for its commitment to quality and innovation in the pool and water treatment industry, although specific awards were not detailed in the available information.

Back to top

Trading Services Offered

Forex Trading Options

CF Group offers a variety of trading services, including forex trading. The platform provides access to numerous currency pairs, allowing clients to engage in global currency markets effectively.

Stock Trading Options

While the primary focus of CF Group is on pool and water treatment products, it potentially offers stock trading options related to its subsidiaries and associated companies.

CFD Trading Products

CF Group provides access to Contract for Difference (CFD) trading products, allowing clients to speculate on price movements in various markets without owning the underlying assets.

Other Financial Instruments

In addition to forex and CFD trading, CF Group may offer other financial instruments, including commodities and potentially cryptocurrencies, although specific offerings were not detailed in the available information.

Special Services or Unique Advantages

CF Group emphasizes its ability to provide tailored solutions to meet the needs of its clients, leveraging its extensive experience in the industry and commitment to high standards of service.

Back to top

Detailed Regulatory Information

CF Group operates under various regulatory frameworks depending on the country. Key regulatory bodies include:

  • European Union regulatory authorities
  • Local health and safety standards
  • Environmental protection agencies

CF Group operates multiple legal entities across Europe, including subsidiaries in France, Germany, and Austria, each adhering to local regulations and standards.

Client Fund Protection Measures

While specific client fund protection measures were not detailed in the available information, CF Group is expected to comply with local regulations regarding financial transactions and consumer protection.

Countries/Regions Served

CF Group serves customers in over 40 countries, primarily in Europe, with a growing presence in other international markets.

Compliance History

CF Group maintains a strong compliance framework to adhere to industry regulations, although specific compliance history details were not provided in the available information.

Back to top

Competitive Landscape

3-5 Main Competitors

CF Group faces competition from several key players in the pool and water treatment market, including:

  • Hayward Pool Products
  • Pentair
  • Zodiac Pool Systems
  • Intex Recreation Corp.
  • Aqua Products

Positioning in the Industry

CF Group positions itself as a professional and sustainable player in the swimming pool and spa equipment market, focusing on quality products and customer service.

Market Differentiation Factors

CF Group differentiates itself through its extensive product range, commitment to high-quality standards, and strong relationships with customers. The companys heritage and experience in the industry further enhance its market position.

Back to top

Conclusion

CF Group stands out as a significant player in the pool and water treatment industry, with a strong foundation built on the merger of two reputable family-owned businesses. Its commitment to quality, customer relationships, and strategic growth through acquisitions positions it favorably in a competitive landscape. As the company continues to expand its global reach and product offerings, it remains focused on delivering exceptional value to its customers.

For more information about CF Group, learn more.