English

CF Forex broker specializes in providing foreign exchange trading services, the company's official website https://ac.cf139.com..., the company's legitimate regulatory information United KingdomFCAAppointed Representative(AR), New ZealandFSPRFinancial Service Corporate to enhance the security of the company's address

CF Forex Broker

Basic Information

Registered Region

United Kingdom

Operating Period

Company Name

CF GROUP LIMITED

Abbreviation

Company employee

Customer Service Email Address

cs@chuangfu88.com

Company Website

https://www.cf139.com/

800163863

Keywords

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

Suspicious Overrun

High potential risk

Company profile

Note: CF's official site - https://www.cf139.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. CF Review Summary Company Name CF GROUP LIMITED Registered Country/Region United Kingdom Regulation FSPR (Suspicious Clone) Market Instruments N/A Demo Account N/A Leverage N/A Spread N/A Commission N/A Trading Platforms N/A Minimum Deposit N/A Customer Support Tel: 4001208936; QQ: 800163863; Email: cs@chuangfu88.com What is CF？ CF Group Limited is a trading company registered in the United Kingdom. It is currently regulated by FSPR, however the license is suspected to be a clone. Pros & Cons Pros Cons N/A Dead Website Suspicious Regulation Limited Information can be Found Negative Customer Reviews Cons: Dead Website: It appears that CF Group Limited's website is inaccessible or dysfunctional, drastically limiting available information about them. Suspicious Regulation: CF has a “suspicious clone” regulatory license, which means this company can be a clone. Limited Information Available: There is a limited amount of information available about the company, making it challenging for potential investors to make informed decisions. Negative Customer Reviews: Negative feedback from customers can be a telling sign of inadequate services or customer dissatisfaction. Is CF Safe or Scam？ Regulatory Sight: CF Group Limited appears in the Financial Service Providers Register as a potentially suspicious clone. Their status stipulates that they are a “Financial Services Corporate” and are allegedly regulated by the financial authority in New Zealand with the license number 507506. This status, together with their designation as a possible suspicious clone, warrants far more caution in transacting or interacting with this entity. User Feedback: CF Group Limited has an extensive number of complaints and issues raised by users, totaling 34 in number. The primary issue reported by most users is the difficulty in withdrawing their funds from the platform. Users have complained about obstacles such as inconsistent withdrawal processes, account freezes, and even outright denials of withdrawal requests. Additionally, some users have faced issues with deposits, describing that they are led to make payments into individual accounts rather than company ones, raising questions about the legitimacy of the transactions. Users have also reported instances of the platform unilaterally adjusting user funds to zero and suspending trading accounts without a legitimate reason. Furthermore, several clients claimed the platform's customer service is unsatisfactory, often giving vague responses or not providing necessary support when issues arise. In addition to these, some users have reported losses due to irregularities in trades, such as server disconnections during key trading moments and the platform adjusting the margin ratio, causing forced liquidation. Several users have accused CF Group Limited of fraudulent activities, claiming scam practices in their dealings. Some of them even reported these issues to local law enforcement and reported their case to the police. For those contemplating investing in CF Group Limited, these reported issues warrant serious consideration. Security Measures: Sofar we haven't found any information about the security measures for this broker. Customer Support CF provides a phone number (4001208936), a QQ number (800163863), and an email address (cs@chuangfu88.com) as customer service contact points. Conclusion CF Group Limited, despite its registration in the United Kingdom, operates with a suspicious clone regulation and possesses a non-operational website. With abundant negative customer reviews and very scant available information about its operations, the potential risks associated with interacting or transacting with CF Group Limited are significantly heightened. Therefore, anyone considering engagement with this entity should show extreme caution. Frequently Asked Questions (FAQs) Q: Is CF regulated or not？ A: Yes, CF is regulated, but with a “suspicious clone” regulatory license. Q: Is my money safe with CF？ A: No, it is not. With overwhelming negative reviews, we can see that users are facing issues trading with CF, so we do not recommend you to deposit your money. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

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Cf Forex Broker - Complete Information Guide

1. Broker Overview

　　CF Broker, established in 2020, is a trading platform operated by Sea Breeze Partners Ltd, which is headquartered in the Commonwealth of Dominica. The company operates as a private entity, focusing primarily on retail forex trading services.

　　CF Broker aims to provide a comprehensive trading experience to its clients, catering to a diverse market that includes individual traders and investors interested in forex, commodities, indices, shares, and cryptocurrencies. Despite its relatively short history, the broker has gained attention due to its association with other notorious trading brands, raising concerns among regulators and traders alike.

　　The company claims to have developed a user-friendly trading environment with various account types and trading tools. However, its reputation has been marred by allegations of fraudulent activities, leading to multiple warnings from financial regulators.

　　CF Broker operates under a business model that emphasizes retail forex trading, although it has also been linked to several offshore entities known for questionable practices. This connection raises red flags regarding the broker's overall legitimacy and operational integrity.

2. Regulatory and Compliance Information

　　CF Broker operates without any formal regulation, making it a non-regulated broker. It has been blacklisted by several regulatory bodies, including the Austrian Financial Market Authority (FMA) and the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg.

　　The company has no valid regulatory license, and there are no registration numbers available for verification. This lack of oversight means that customer funds are not protected under any investor compensation schemes, which significantly increases the risk for traders.

　　Client funds are reportedly not held in segregated accounts, further compromising the security of deposits. The absence of a regulatory framework also means that CF Broker is not subject to Know Your Customer (KYC) or Anti-Money Laundering (AML) compliance measures, which are standard practices in the industry to prevent fraud and protect investors.

3. Trading Products and Services

　　CF Broker offers a variety of trading products, including:

Forex Currency Pairs: A selection of major, minor, and exotic currency pairs, although the exact number of pairs available is not specified.
CFD Products: Trading options include indices, commodities, stocks, and cryptocurrencies.
Unique Trading Offerings: While the broker claims to provide a comprehensive range of assets, there are reports that many advertised features are either not available or poorly executed.

　　The frequency of product updates and the introduction of new trading instruments are not clearly outlined, leading to uncertainty among potential clients. CF Broker primarily serves retail clients, but there are indications that it may also offer services to institutional clients, albeit with limited transparency.

4. Trading Platforms and Technology

　　CF Broker claims to support the MetaTrader 4 (MT4) trading platform, which is widely recognized for its robust trading capabilities. However, there have been reports indicating that the MT4 platform was not available for download, raising concerns about the broker's operational capabilities.

　　The broker also offers a web-based trading platform, but users have reported significant lag and performance issues. Mobile trading applications for both iOS and Android devices are mentioned, but details about their functionality and reliability are scarce.

　　CF Broker operates on a Market Making execution model, which can lead to potential conflicts of interest, as the broker may profit from client losses. The technical infrastructure, including server locations and API access for automated trading, has not been adequately disclosed, leaving traders in the dark about the quality of service they can expect.

5. Account Types and Trading Conditions

　　CF Broker offers several account types, including:

Standard Accounts: Minimum deposit of $250, with spreads starting at 3.0 pips.
Premium Accounts: Higher minimum deposits ranging from $500 to $50,000, with varying benefits.

　　The broker does not provide a demo account, which is a significant drawback for new traders looking to practice before investing real money. Leverage is offered at a maximum of 1:200, which is considered high and can increase the risk of substantial losses.

　　CF Broker's policies regarding overnight fees and minimum trade sizes are not well-documented, leading to potential surprises for traders regarding their trading costs.

6. Fund Management

　　CF Broker supports several deposit methods, including bank transfers, credit cards, and electronic wallets like Piastrix. The minimum deposit requirement varies by account type, starting at $250 for standard accounts.

　　Deposit processing times are stated to be between 2 to 5 business days, but specific fees associated with deposits and withdrawals are not clearly outlined, which could lead to unexpected costs for clients.

　　Withdrawal methods are limited, and there have been numerous complaints regarding the inability to withdraw funds. Clients have reported significant delays and complications when attempting to access their funds, raising serious concerns about the broker's reliability and integrity.

7. Customer Support and Educational Resources

　　CF Broker offers customer support through various channels, including email and online chat, but lacks a robust telephone support system. The service hours and time zone coverage are not explicitly stated, which may limit accessibility for international clients.

　　The broker claims to provide multi-language support, but the extent of this service is unclear. Educational resources appear to be minimal, with few offerings in terms of webinars, tutorials, or eBooks. Market analysis services, such as daily analyses and news reports, are also inadequately detailed.

　　Traders may find limited access to trading tools, such as calculators and economic calendars, which are essential for informed trading decisions.

8. Regional Coverage and Restrictions

　　CF Broker primarily serves clients in the Commonwealth of Dominica and other offshore markets. However, it does not accept clients from the United States, which is a significant limitation for potential traders in that region.

　　The broker's regional offices are not well-defined, and there is a lack of clarity regarding its operational presence in other jurisdictions. The absence of regulatory oversight means that clients from countries with strict financial regulations may face legal implications if they engage with CF Broker.

　　In summary, CF Broker presents a range of trading services but is marred by regulatory issues and customer complaints. Prospective clients should approach with caution, considering the high risks associated with trading through a non-regulated broker.

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