CFI Forex Broker

CFI GroupReview SummaryFounded2016-03-22Registered Country/RegionMauritiusRegulationRegulatedMarket InstrumentsForex/Stocks/Energies/Metals/Indices/ETFs/Crypto/Bonds/FuturesDemo Account✅LeverageUp to 1:500SpreadFrom 0.0 pipsTrading PlatformMT4/MT5/Trading App/cTrader/Multi-Asset/TradingView(iOS/Android/Windows/Mac OS/Web)Min Deposit0Customer SupportPhone: +2304608266Email: global@cfi.tradeFacebook/Instagram/LinkedIn/Twitter/YouTube/TikTokLive chatCFI Group Information CFI Group is a brokerage company specializing in online investment and trading services. The tradable instruments include forex, stocks, energies, metals, indices, ETFs, crypto, bonds, and futures. The broker also provides two accounts with a maximum leverage of 1:500. The minimum spread is from 0.0 pips and the minimum deposit is 0. Although CFI Group is regulated by CYSEC, FCA, SCA, and BDL, and offshore regulated by SFCA and VFSA, risks cannot be completely avoided.Pros and ConsPros Cons Leverage up to 1:500No bonus information24/7 customer supportSome negative commentsRegulatedSpread from 0.0 pipsDemo account availableVarious tradable instrumentsCommission freeSwap freeMT4/MT5 availableIs CFI Group Legit? It is relatively safe for investors to conduct financial activities in regulated entities. The regulatory information of this broker is as follows:Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent StatusCYSECCredit Financier Invest (CFI) LtdFull License (MM)179/12RegulatedFCACredit Financier Invest LimitedDirect Passage License (STP)828955RegulatedSCACFI FINANCIAL MARKETS L.L.CForex Handling License20200000154RegulatedFSACredit Financier Invest International LimitedForex Handling LicenseSD107Offshore RegulatedBDLCREDIT FINANCIER INVEST S.A.L.Financial Services40RegulatedVFSCCREDIT FINANCIER INVEST LIMITEDForex Handling License700479Offshore RegulatedWhat Can I Trade in CFI Group? CFI Group offers access to 1500+ market instruments, including forex, stocks, energies, metals, indices, ETFs, crypto, bonds, and futures.Tradable Instruments Supported Forex✔ETFs✔Stocks✔Crypto✔Metals✔Bonds✔Futures✔Indices✔Energies✔Account Type CFI Group has two account types: Zero Commission and Dynamic Trader. Traders who want low spreads can choose a dynamic trader account. Swap-free accounts are also available with conditions on certain products. In addition, the demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only. Copy trading is also available, a way for inexperienced traders or followers who dont have the time to do extensive research or want to diversify their portfolio to copy the trades of experienced traders (also known as money managers or copy trading gurus).Account Type Zero CommissionDynamic TraderCommission$0Low commission, volume-basedLeverageUp to 1:500Up to 1:500SwapsSwap-free availableSwap-free availableMinimum DepositNoneNoneEUR/USD spreadBetween 0.4-1.1From 0.0 pipsCFI Group Fees The spread starts from 0.0 pips, the commission is 0% and the swap is free. The lower the spread, the faster the liquidity.Leverage The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.Trading Platform CFI Group cooperates with the authoritative MT4 and MT5 trading platforms and provides the Trading App, cTrader, Multi-Asset, and TradingView trading platforms, which are available on iOS, Android, Windows, Mac OS, or Web. Junior traders prefer MT4 over MT5. However, traders with rich experience are more suitable for using MT5. Both MT4 and MT5 offer various trading strategies and implement EA systems.Trading PlatformSupported Available Devices Suitable for CFI Trading App✔iOS/AndroidAll tradersMT5✔Windows/MobileExperienced tradersmt4✔Windows/MobileJunior tradersCFI cTrader✔Windows/iOS/Android/Mac OSAll tradersCFI Multi-Asset✔iOS/AndroidAll tradersTradingView✔WebAll tradersDeposit and Withdrawal The first deposit amount must be none. CFI Group accepts iPay, MasterCard, Visa, and Wire Transfer for deposit and withdrawal. Generally, payments made via credit/debit cards or instant payment methods are processed instantly, while wire transfer processing times are up to 1 to 5 days. CFI Mauritius does not impose any deposit fees, any charges incurred will depend on the corresponding bank.