CFI Group Forex broker specializes in providing foreign exchange trading services, the company's official website https://cfi.trade/en/open-real-account, the company's legitimate regulatory information CyprusCYSECMarket Making(MM),United KingdomFCAStraight Through Processing(STP),United Arab EmiratesSCARetail Forex License,SeychellesFSARetail Forex License, to enhance the security of the company's address The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebene, Grand Floor, Republic of Mauritius..
CFI Group Forex Broker
Basic information
Mauritius
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 United Arab Emirates Retail Forex License Revoked High potential risk Offshore RegulatedCompany profile
CFI 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 Cons
| Pros | Cons |
| Leverage up to 1:500 | No bonus information |
| 24/7 customer support | Some negative comments |
| Regulated | |
| Spread from 0.0 pips | |
| Demo account available | |
| Various tradable instruments | |
| Commission free | |
| Swap free | |
| MT4/MT5 available |
Is 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 Country | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
| CYSEC | Credit Financier Invest (CFI) Ltd | Full License (MM) | 179/12 | Regulated | |
| FCA | Credit Financier Invest Limited | Direct Passage License (STP) | 828955 | Regulated | |
| SCA | CFI FINANCIAL MARKETS L.L.C | Forex Handling License | 20200000154 | Regulated | |
| FSA | Credit Financier Invest International Limited | Forex Handling License | SD107 | Offshore Regulated | |
| BDL | CREDIT FINANCIER INVEST S.A.L. | Financial Services | 40 | Regulated | |
| VFSC | CREDIT FINANCIER INVEST LIMITED | Forex Handling License | 700479 | Offshore Regulated |
What 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 Commission | Dynamic Trader |
| Commission | $0 | Low commission, volume-based |
| Leverage | Up to 1:500 | Up to 1:500 |
| Swaps | Swap-free available | Swap-free available |
| Minimum Deposit | None | None |
| EUR/USD spread | Between 0.4-1.1 | From 0.0 pips |
CFI 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 Platform | Supported | Available Devices | Suitable for |
| CFI Trading App | ✔ | iOS/Android | All traders |
| MT5 | ✔ | Windows/Mobile | Experienced traders |
| mt4 | ✔ | Windows/Mobile | Junior traders |
| CFI cTrader | ✔ | Windows/iOS/Android/Mac OS | All traders |
| CFI Multi-Asset | ✔ | iOS/Android | All traders |
| TradingView | ✔ | Web | All traders |
Deposit 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.
Rating Index
DYNAMIC TRADER
ZERO COMMISSION
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Latest Reviews
Mark Martinez
France
Great service, but rubbish products.
Neutral
2024-06-28
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
2024-05-08
FX1707711665
Australia
Tight spreads and quick withdrawals. Customer support is also very responsive and helpful. It deserves a five star rating!
Positive
2024-07-16