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CFH foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website --, about the company's legal and temporary regulatory information, the company's address .

CFH Forex Broker

Basic Information

Registered Region
Vanuatu
Operating Period
--
Company Name
CFHClearing CN
Abbreviation
CFH
Company employee
--
Company Website
--
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

CFH Basic Information Founded in 5-10 years ago Registered Country Vanuatu Regulation Not Regulated Broker Type STP Min. Deposit $100 Tradable Assets N/A Leverage 100:1 Spreads Floating Spreads Trading Platform MT4 Payment Methods N/A Customer Support Phone: 85281999656Email: acc@cfhclearing.cn Overview of CFH CFH is a brokerage firm that has been in operation for 5-10 years, registered in Vanuatu and operates as an unregulated entity. CFH positions itself as a Straight-Through Processing (STP) broker, facilitating direct access to interbank liquidity providers. CFH offers a relatively low minimum deposit requirement of $100, making it accessible to traders with smaller accounts. CFH provides leverage of up to 100:1, which can amplify potential gains but also increases risk. The trading platform of choice is the widely-used MetaTrader 4 (MT4), known for its user-friendly interface and customizable features. Regulation CFH operates as a brokerage firm not subject to any regulatory oversight from financial authorities. As an unregulated broker, client funds and transactions are not protected by any investor compensation schemes or regulatory safeguards. This lack of regulation raises concerns about the broker's adherence to industry standards and best practices, potentially exposing traders to higher risks. Pros & Cons Give me a summarized content of CFH's pros and cons ( in a paragraph) based on this table: Pros Cons $100 to start trading Not regulated MT4 Supported Products provided not told Solid leverage up to 100:1 Floating spreads can be high No payment details Minimum Deposit CFH appears to offer a beginner-friendly account type with a relatively low minimum deposit of $100. This lower barrier to entry makes it easier for new investors to get started in the financial markets without a significant initial investment. This can be helpful for those who want to test the waters of trading before committing a larger amount of capital. Leverage CFH offers leverage of up to 100:1, which can be a double-edged sword. On the positive side, it magnifies potential profits by allowing you to control a larger position in the market than your initial deposit would typically allow. However, it's crucial to remember that this leverage works both ways. Losses are also amplified, so it significantly increases the risk involved in trading. Spreads & Commissions CFH claims to offer floating spreads, but doesn't provide any specific details about the spread costs for various assets. Nor commissions are specified. Trading Platform CFH offers a familiar choice: MetaTrader 4 (MT4). MT4 is a popular platform known for its user-friendly interface, making it a good option for beginners and experienced traders alike. It also boasts a wide range of customization features, allowing you to tailor the platform to your specific trading style and needs. Customer Support CFH offers customer support through two channels: phone and email. While this provides some flexibility in how you reach them, it's unclear what their phone hours are or what response times are typically like for email inquiries. For some traders, especially beginners, having access to live chat support or 24/7 phone support can be important. Phone: 85281999656 Email: acc@cfhclearing.cn Conclusion Overall, as an unregulated broker, CFH does not fall under the oversight of any financial regulatory body, potentially exposing traders to higher risks. Traders should extra vigilance and access the risks associated with an unregulated entity before considering CFH as a viable trading platform. FAQs Q: How much do I need to start trading with CFH? A:CFH offers a relatively low minimum deposit of $100, making it accessible to beginner traders. Q: Does CFH offer leverage? A: Yes, CFH provides leverage of up to 100:1. Q: Which trading platform does CFH offer? A: CFH uses the popular MetaTrader 4 (MT4) platform. MT4 is known for its user-friendly interface and customization options, making it suitable for both beginners and experienced traders. Q: How can I contact CFH customer support? A: CFH offers phone and email support. However, their phone hours and typical email response times are unclear. Risk Warning Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities. Additionally, the content of this review is subject to change, reflecting updates in the company's services and policies. The review's creation date is also relevant, as information could have become outdated. Readers should confirm the latest information with the company prior to making any investment decisions. The responsibility for utilizing the information provided herein lies exclusively with the reader.

CFH broker review

Rating Index

  

CFH Forex Broker - Complete Information Guide

  

1. Overview of the Broker

  CFH Clearing, officially known as CFH Clearing Limited, was established in 2008. The company is headquartered in the United Kingdom, specifically at Warwick House, 25 Buckingham Palace Road, London SW1W 0PP. As a private entity, CFH operates primarily as a liquidity provider, catering to institutional clients and professional traders.

  Over the years, CFH has built a reputation as one of the leading interbank STP (Straight Through Processing) venues globally, with direct interbank credit lines amounting to approximately $1.5 billion. The firm has developed a strong presence in the financial markets, focusing on providing competitive pricing, reliable execution, and advanced trading technology.

  CFH Clearing has evolved significantly since its inception, becoming a part of the Finalto brand, which enhances its service offerings and market reach. The broker specializes in a diverse range of financial instruments, including currency pairs, precious metals, base metals, indices, energy commodities, single stocks, and cryptocurrencies. This comprehensive offering allows CFH to meet the needs of various traders and institutions, positioning itself as a versatile player in the financial services sector.

  

2. Regulatory and Compliance Information

  CFH Clearing is regulated by the Financial Conduct Authority (FCA) in the United Kingdom, holding license number 481853. This regulatory oversight ensures that the broker adheres to strict standards of conduct and operational transparency. However, recent evaluations have raised concerns about the current validity of their regulation, with indications that the broker may not have a valid license at present.

  The regulatory license is crucial for maintaining client trust, and CFH Clearing's operational scope has been scrutinized due to warnings about potential risks associated with its business practices. The firm is committed to maintaining high standards of compliance, including Know Your Customer (KYC) and Anti-Money Laundering (AML) measures, which are essential for safeguarding client interests.

  CFH also implements a client funds segregation policy, ensuring that client deposits are kept separate from the company's operational funds. This practice is vital for protecting client assets in the event of financial difficulties. Additionally, the broker's participation in investor compensation schemes helps provide an extra layer of security for clients.

  

3. Trading Products and Services

  CFH Clearing offers a wide range of trading products, making it suitable for various trading strategies. The broker provides access to approximately 80 currency pairs, which include major, minor, and exotic pairs. In addition to forex, CFH offers a diverse selection of Contracts for Difference (CFDs), covering categories such as:

  • Indices: Major global indices are available for trading.
  • Commodities: A variety of energy products and precious metals, such as gold and silver.
  • Stocks: Single stocks from various markets.
  • Cryptocurrencies: Access to popular digital currencies for trading.

  The firm is known for its commitment to providing competitive spreads and efficient execution, which are essential for traders seeking to maximize their trading opportunities. The broker also caters to institutional clients, offering tailored services and solutions, including white label offerings and asset management services.

  CFH Clearing continuously updates its product offerings to adapt to market trends and client demands. This proactive approach ensures that traders have access to the latest instruments and trading opportunities.

  

4. Trading Platforms and Technology

  CFH Clearing supports several advanced trading platforms to cater to the diverse needs of its clients. The broker provides access to:

  • MetaTrader 4 (MT4) and MetaTrader 5 (MT5): Well-known platforms that offer robust features and tools for traders.
  • Clear Pro: A proprietary trading platform designed for simplicity and efficiency.
  • Clear Web: A web-based platform that allows for easy access from any device without the need for software downloads.
  • Tradable: An open platform that enables third-party developers to create and deploy trading applications.
  • Net Station: A cloud-based trading platform with customizable workspaces.
  • Act Trader: A platform for creating and testing automated trading strategies.
  • Vertex: Tailored specifically for money managers with features for auto-trading programming.

  CFH Clearing emphasizes the importance of technology in trading, with a focus on providing low-latency execution and a seamless trading experience. The broker also offers API access for automated trading solutions, allowing traders to implement their strategies effectively.

  

5. Account Types and Trading Conditions

  CFH Clearing offers a standard trading account, which simplifies the account selection process for clients. The minimum deposit requirement to open an account is set at $100, making it accessible for traders with varying capital levels.

  Key trading conditions include:

  • Leverage: Up to 1:100, which allows traders to control larger positions with a smaller amount of capital.
  • Spreads: Competitive spreads, although specific details may vary based on market conditions.
  • Commission: Applicable on certain account types, providing transparency in trading costs.

  The broker may also offer advanced account types, such as VIP or professional accounts, catering to experienced traders seeking enhanced trading conditions. However, detailed information on these accounts is not explicitly mentioned in the available resources.

  CFH Clearing does not currently provide a demo account for practice trading, which may be a consideration for new traders looking to familiarize themselves with the trading environment.

  

6. Fund Management

  CFH Clearing supports multiple methods for depositing and withdrawing funds, ensuring client convenience. Accepted deposit methods include:

  • Bank Wire Transfers
  • Credit/Debit Cards
  • Clearing Cheques

  The minimum deposit requirement is $100, applicable across different account types. The broker aims to process deposits swiftly, although specific processing times may vary depending on the method chosen.

  Withdrawal options mirror the deposit methods, and clients can expect reasonable processing times. However, it is essential to note that withdrawal fees may apply, depending on the chosen method.

  CFH Clearing maintains a commitment to secure and efficient fund management, which is critical for maintaining client trust and satisfaction.

  

7. Customer Support and Educational Resources

  CFH Clearing provides customer support through multiple channels, including:

  • Phone Support: Available at +44 (0) 203 4558 750.
  • Email Support: Clients can reach out via cs@cfhclearing.com.
  • Social Media: The broker maintains a presence on platforms like Twitter.

  Support is primarily offered in English, and while the broker does not provide 24/7 support or live chat options, clients can expect timely responses to their inquiries during business hours.

  In terms of educational resources, CFH Clearing offers various tools and services, including:

  • Market Analysis: Daily analysis, news, and research reports to help traders make informed decisions.
  • Trading Tools: Features such as calculators and economic calendars to assist traders in their activities.

  However, specific details regarding webinars or comprehensive educational materials were not provided in the available resources.

  

8. Regional Coverage and Restrictions

  CFH Clearing primarily serves clients in the United Kingdom and has a presence in other regions, including Denmark, Hong Kong, Japan, and Poland. The broker's services are designed to cater to institutional and professional traders, reflecting its focus on the B2B sector.

  However, CFH Clearing does not accept clients from certain jurisdictions, which may include regions with strict regulatory requirements or where the broker does not hold the necessary licenses. Specific countries or regions where services are restricted were not detailed in the available information, indicating that potential clients should verify their eligibility before attempting to open an account.

  In summary, CFH Clearing positions itself as a comprehensive forex broker, offering a wide array of services and products to institutional clients and professional traders. Despite recent concerns regarding regulatory status, the broker's commitment to competitive pricing, advanced technology, and client support remains evident. As always, prospective clients should conduct thorough research and consider their trading needs before engaging with any broker.

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CFH Forex Broker has an overall rating of 1.59, Regulatory Index 0.00, License Index 0.00, Business Index 7.65, Software Index 4.00 Risk Control Index 0.00.