CFI Financial

Disclaimer:The information provided on this site should not be distributed or used by any individual in any country or jurisdiction where such distribution would violate local laws or regulations.

Leverage 1:500
Minimum Deposit $100
Regulation FCA, CySEC, DFSA, LFSA
Year Established 1998
Payment Methods Bank Transfer, Credit/Debit Cards, PayPal, Skrill, Neteller
Trading Assets Forex, Indices, Shares, Commodities, Cryptocurrencies
MT4
MT5
Spreads Extremely low
Average cost: EUR/USD 0.3 pips
Demo Account
Islamic Account
CopyTrading
ZuluTrade
Scalping Yes
Signals
EAs/Robots Available
Negative Balance Protection Yes
Deposit Fee
Withdrawal Fee
Contact Information Email: [email protected], Phone: +123456789
Address 22nd Floor, 123 Example Street, Dubai, UAE
Rating ★★★★☆ 4.4
Website

Alternative Brokers

Article Content

Pros and Cons

Pros
  • Extremely low spreads
  • Multiple regulatory bodies
  • Wide range of trading assets
  • Supports both MT4 and MT5
  • Excellent customer service
Cons
  • No ZuluTrade support
  • High leverage may be risky for beginners
  • Withdrawal process can be slow
  • Limited promotions and bonuses
  • No local branches in some regions

Introduction

CFI Financial, also known as Credit Financier Invest, has been a prominent player in the financial brokerage industry since its inception in 1998.

The company offers a diverse range of trading services and products designed to meet the needs of both novice and experienced traders.

This comprehensive review aims to provide a thorough analysis of its offerings, regulatory compliance, trading platforms, account types, fees, customer support, and overall user experience.

This will enable potential investors to make well-informed decisions.

Create a Free Account

Company Background and Regulation

History and Overview

Founded in 1998, Credit Financier Invest has grown from a regional broker into a global financial services provider.

The company has expanded its presence across various financial markets, emphasizing superior trading conditions, advanced platforms, and comprehensive customer support.

Regulatory Compliance

Regulation is crucial in the brokerage industry, ensuring transparency, security, and fair trading practices.

The company is regulated by multiple reputable authorities, enhancing its credibility and trustworthiness.

The key regulatory bodies overseeing the firm include:

  • Financial Conduct Authority (FCA): The FCA is one of the most respected regulatory bodies globally, ensuring stringent financial standards and practices.
  • Cyprus Securities and Exchange Commission (CySEC): CySEC regulation provides additional security and transparency for clients within the European Union.
  • Dubai Financial Services Authority (DFSA): DFSA oversees operations in the Middle East, ensuring compliance with regional financial regulations.
  • Labuan Financial Services Authority (LFSA): LFSA regulation allows the firm to offer services in the Asia-Pacific region under a recognized regulatory framework.

The multi-regulatory oversight ensures that the broker operates within a robust legal framework, providing clients with confidence in its integrity and operational standards.

Trading Platforms

CFI Financial offers 3 trading platforms designed to cater to different trading preferences and needs.

These platforms provide a seamless and efficient trading experience, equipped with advanced tools and features.

MetaTrader 4 (MT4)

MT4 is globally recognized for its user-friendly interface and powerful trading capabilities.

Key features include:

  • Advanced Charting Tools: Wide range of charting tools for detailed technical analysis.
  • Automated Trading: Supports Expert Advisors (EA) for automated trading strategies.
  • Real-Time Market Data: Access to real-time quotes and news.
  • Mobile Trading: Available on mobile devices for trading on the go.

MetaTrader 5 (MT5)

MT5 is an upgraded version of MT4, offering additional features and functionalities.

It is suitable for those requiring more advanced tools.

Key features include:

  • Enhanced Analytical Tools: More timeframes and advanced analytical tools.
  • Economic Calendar: Integrated economic calendar for staying informed about economic events.
  • Multi-Asset Trading: Supports trading in a wider range of financial instruments, including stocks and commodities.
  • Improved Order Management: Advanced order management options, including partial order fills and market depth analysis.

CFI Trader

CFI Trader is the proprietary platform designed to offer a personalized trading experience.

Key features include:

  • Customizable Interface: Traders can customize the layout and features.
  • Integrated Tools: Various analytical tools and indicators for comprehensive market analysis.
  • User-Friendly Design: Intuitive and easy to use, suitable for all experience levels.
  • Web and Mobile Access: Accessible via web browsers and mobile devices.

Comparison of Trading Platforms

FeatureMetaTrader 4MetaTrader 5CFI Trader
Charting ToolsAdvancedEnhancedIntegrated
Automated TradingYes (EA)Yes (EA)No
Market DataReal-TimeReal-TimeReal-Time
Economic CalendarNoYesNo
Multi-Asset TradingLimitedExtensiveExtensive
Customizable InterfaceLimitedLimitedHighly Customizable
Mobile TradingYesYesYes

Account Types

This broker offers a range of account types to accommodate different trading needs and preferences.

Each account type provides specific benefits and features, ensuring that traders can find an account that suits their requirements.

Standard Account

Designed for retail traders looking for competitive trading conditions and access to a wide range of financial instruments.

  • Minimum Deposit: $100
  • Leverage: Up to 1:500
  • Spreads: Starting from 0.3 pips
  • Trading Platforms: MT4, MT5, and CFI Trader
  • Customer Support: 24/5 support

Premium Account

Tailored for experienced users requiring additional features and benefits.

  • Minimum Deposit: $10,000
  • Leverage: Up to 1:500
  • Spreads: Starting from 0.1 pips
  • Dedicated Account Manager: Personalized support
  • Trading Platforms: MT4, MT5, and CFI Trader
  • Additional Resources: Access to premium research and analysis tools

Islamic Account

Designed for those requiring Sharia-compliant trading conditions.

  • No Swap Fees: Complies with Islamic finance principles
  • Leverage: Up to 1:500
  • Spreads: Starting from 0.3 pips
  • Trading Platforms: MT4, MT5, and CFI Trader
  • Customer Support: 24/5 support

Demo Account

Ideal for beginners wanting to practice trading without risking real money.

  • Virtual Funds: Practice trading with virtual funds
  • Leverage: Up to 1:500
  • Spreads: Simulated market conditions
  • Trading Platforms: MT4, MT5, and CFI Trader
  • Unlimited Use: No time limits on the demo account

Comparison of Account Types

FeatureStandard AccountPremium AccountIslamic AccountDemo Account
Minimum Deposit$100$10,000$100None
LeverageUp to 1:500Up to 1:500Up to 1:500Up to 1:500
SpreadsFrom 0.3 pipsFrom 0.1 pipsFrom 0.3 pipsSimulated
Swap FeesYesYesNoN/A
Dedicated Account ManagerNoYesNoNo
PlatformsMT4, MT5, CFI TraderMT4, MT5, CFI TraderMT4, MT5, CFI TraderMT4, MT5, CFI Trader
Customer Support24/524/524/5Limited
Create a Demo Account

Trading Instruments

CFI Financial offers a diverse range of trading instruments, providing traders with numerous opportunities to diversify their portfolios and capitalize on various market conditions.

Forex

Forex trading is one of the core offerings, with a wide range of currency pairs available.

Key features include:

  • Major Pairs: Access to major pairs like EUR/USD, GBP/USD, and USD/JPY.
  • Minor Pairs: Trading opportunities in pairs like EUR/GBP and AUD/NZD.
  • Exotic Pairs: Availability of exotic pairs for diverse trading options.
  • Low Spreads: Competitive spreads starting from 0.3 pips.

Indices

The firm provides access to various global indices, allowing traders to speculate on the performance of major stock markets.

Key features include:

  • Major Indices: Trade indices such as the S&P 500, NASDAQ, and FTSE 100.
  • Low Costs: Competitive trading costs with low spreads and commissions.
  • Leverage: Up to 1:500 leverage available.

Shares

Trading shares allows investors to buy and sell shares of publicly listed companies.

Key features include:

  • Global Markets: Access to shares from major markets including the US, UK, and Europe.
  • Wide Selection: Trade shares of leading companies like Apple, Amazon, and Tesla.
  • Competitive Pricing: Low spreads and commissions.

Commodities

Offers trading opportunities in various commodities, enabling further portfolio diversification.

Key features include:

  • Energy Commodities: Trade popular commodities like crude oil and natural gas.
  • Precious Metals: Access to metals like gold and silver.
  • Agricultural Commodities: Trade commodities like wheat and corn.
  • Leverage: Up to 1:500 leverage available.

Cryptocurrencies

The broker has embraced the popularity of cryptocurrencies, offering a range of digital assets.

Key features include:

  • Popular Cryptocurrencies: Trade cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.
  • Competitive Spreads: Low spreads on cryptocurrency trading.
  • High Leverage: Up to 1:500 leverage available.
  • 24/7 Trading: Trade cryptocurrencies around the clock.

Comparison of Trading Instruments

InstrumentKey FeaturesLeverageSpreadsAvailability
ForexMajor, Minor, Exotic PairsUp to 1:500From 0.3 pips24/5
IndicesMajor Global IndicesUp to 1:500Competitive24/5
SharesGlobal SharesUp to 1:500Low24/5
CommoditiesEnergy, Metals, AgricultureUp to 1:500Competitive24/5
CryptocurrenciesPopular Digital AssetsUp to 1:500Competitive24/7

Fees and Commissions

Understanding the fee structure is crucial for evaluating the cost-effectiveness of a broker.

The firm maintains a transparent fee structure, ensuring that clients are fully aware of the costs involved in trading.

Trading Fees

The trading fees vary depending on the account type and trading instrument.

Generally, the fees include:

  • Spreads: The difference between the buy and sell price, which varies by instrument and account type.
  • Commissions: Certain accounts and instruments may incur commissions, especially for shares and some commodities.
  • Swap Fees: Fees for holding positions overnight, applicable to non-Islamic accounts.

Non-Trading Fees

These include fees not directly related to trading activities:

  • Deposit and Withdrawal Fees: Typically, CFI does not charge for deposits or withdrawals, but third-party fees may apply.
  • Inactivity Fees: Charges applied to dormant accounts after a specific period of inactivity.
  • Currency Conversion Fees: Applicable when trading instruments in a currency different from the account’s base currency.

Comparison of Fees

Fee TypeStandard AccountPremium AccountIslamic AccountDemo Account
SpreadsFrom 0.3 pipsFrom 0.1 pipsFrom 0.3 pipsSimulated
CommissionsVariable (by instrument)Variable (by instrument)Variable (by instrument)N/A
Swap FeesYesYesNoN/A
Deposit FeesNoneNoneNoneN/A
Withdrawal FeesNoneNoneNoneN/A
Inactivity FeesYesYesYesN/A
Currency ConversionYesYesYesN/A

Order Execution

Efficient order execution is vital for traders, particularly those employing high-frequency strategies.

CFI Financial utilizes advanced technology to ensure fast and accurate execution of trades.

Execution Speed

The company is known for its rapid order execution, minimizing slippage and maximizing trading efficiency.

Its infrastructure is designed to handle high volumes of trades, ensuring that orders are executed without delay.

Order Types

The broker supports 4 order types, providing flexibility and control over trading strategies.

These include:

  • Market Orders: Execute trades at the current market price.
  • Limit Orders: Set a specific price to execute trades.
  • Stop Orders: Execute trades once a specified price level is reached.
  • Trailing Stops: Protect profits by setting a moving stop level.

Risk Management Tools

Effective risk management is crucial for successful trading.

CFI Financial offers several tools to help traders manage their risk:

  • Stop Loss Orders: Automatically close a position at a predefined loss level.
  • Take Profit Orders: Automatically close a position at a predefined profit level.
  • Negative Balance Protection: Ensures that clients cannot lose more than their account balance.

Comparison of Order Execution Features

FeatureStandard AccountPremium AccountIslamic AccountDemo Account
Execution SpeedFastFastFastSimulated
Market OrdersYesYesYesYes
Limit OrdersYesYesYesYes
Stop OrdersYesYesYesYes
Trailing StopsYesYesYesYes
Risk Management ToolsComprehensiveComprehensiveComprehensiveComprehensive

Customer Support

Providing effective customer support is a key aspect of its service.

The broker ensures that people have access to assistance whenever needed through multiple support channels.

Support Channels

CFI Financial offers several channels for customer support, including:

  • Live Chat: Available on the website for instant assistance.
  • Email Support: Clients can contact the support team via email for more detailed inquiries.
  • Phone Support: Dedicated phone lines for immediate assistance.
  • Social Media: Active presence on platforms such as Twitter, Facebook, and Instagram for updates and support.

Availability

Customer support is available 24/5, aligning with the global financial markets’ operating hours.

This ensures that traders can access support during the trading week, regardless of their time zone.

Quality of Support

The company is known for its high-quality customer support, with a team of knowledgeable and responsive representatives.

The support team is well-equipped to handle a wide range of inquiries, from technical difficulties to account-related questions.

The availability of multilingual support further enhances the accessibility and convenience for clients from different regions.

Comparison of Support Channels

Support ChannelStandard AccountPremium AccountIslamic AccountDemo Account
Live ChatYesYesYesYes
Email SupportYesYesYesYes
Phone SupportYesYesYesYes
Social MediaYesYesYesYes
Availability24/524/524/5Limited

Educational Resources

CFI Financial places a strong emphasis on education, providing investors with a wealth of resources to enhance their trading knowledge and skills.

The broker offers various educational materials designed to cater to traders of all experience levels.

Webinars and Seminars

The firm regularly hosts webinars and seminars on various trading topics.

These sessions are led by industry experts and cover a range of subjects, including market analysis, trading strategies, and platform tutorials.

Webinars are particularly useful for remote learning, while seminars offer in-person interaction and networking opportunities.

Trading Guides

The broker provides comprehensive trading guides that cover the fundamentals of trading, technical and fundamental analysis, risk management, and more.

These guides are designed to help traders build a solid foundation and develop effective trading strategies.

Video Tutorials

Their video tutorials offer step-by-step instructions on using its trading platforms and tools.

These videos are particularly helpful for beginners who need visual guidance on navigating the platforms and executing trades.

Market Analysis

The broker offers regular market analysis and insights, helping investors stay informed about market trends and potential trading opportunities.

This includes daily market updates, technical analysis, and economic news.

Access to high-quality market analysis can significantly enhance a trader’s decision-making process.

Comparison of Educational Resources

Resource TypeStandard AccountPremium AccountIslamic AccountDemo Account
WebinarsYesYesYesYes
SeminarsYesYesYesYes
Trading GuidesYesYesYesYes
Video TutorialsYesYesYesYes
Market AnalysisYesYesYesYes

Payment Methods

CFI Financial offers several payment methods to facilitate deposits and withdrawals, ensuring convenience and flexibility for its clients.

Deposit Methods

This broker supports multiple deposit methods, including:

  • Bank Transfer: Secure and reliable method for transferring funds directly from a bank account.
  • Credit/Debit Cards: Instant deposits using major credit and debit cards.
  • E-Wallets: Options such as Skrill, Neteller, and PayPal for fast and convenient transactions.
  • Cryptocurrency: Deposits in popular cryptocurrencies like Bitcoin and Ethereum.

Withdrawal Methods

Withdrawals can be made using the same methods as deposits, ensuring consistency and ease of use.

The company aims to process withdrawal requests promptly, typically within 24–48 hours.

Fees and Processing Times

CFI Financial does not charge any fees for deposits or withdrawals, making it a cost-effective choice for clients.

However, it is important to note that third-party providers (such as banks or payment processors) may impose their fees.

Processing times vary depending on the chosen method, with e-wallets and cryptocurrencies generally offering the fastest transaction times.

Comparison of Payment Methods

Payment MethodDeposit AvailabilityWithdrawal AvailabilityFeesProcessing Time
Bank TransferYesYesNone (may vary by bank)2-5 business days
Credit/Debit CardsYesYesNone (may vary by provider)Instant
E-WalletsYesYesNone (may vary by provider)Instant
CryptocurrencyYesYesNone (may vary by provider)Instant

Security and Reliability

Ensuring the security of funds and data is a top priority for the company, which implements various measures to safeguard its clients’ assets and personal information.

Fund Security

CFI Financial maintains segregated accounts, meaning that client funds are kept separate from its operational funds.

This ensures that customer funds are protected and cannot be used for any other purposes.

Data Protection

The broker uses advanced encryption technologies to protect data.

This includes SSL encryption for secure online transactions and robust cybersecurity measures to prevent unauthorized access to client accounts and personal information.

Regulatory Compliance

As previously mentioned, CFI Financial is regulated by multiple reputable authorities.

This regulatory oversight ensures that it adheres to strict financial standards and practices, providing an additional layer of security and reliability.

Reliability

CFI Financial is known for its reliable and efficient trading platforms, minimizing downtime and ensuring that clients can trade without interruptions.

Its infrastructure is designed to handle high volumes of trades, providing a seamless and efficient trading experience.

Comparison of Security Features

Security FeatureStandard AccountPremium AccountIslamic AccountDemo Account
Segregated AccountsYesYesYesN/A
SSL EncryptionYesYesYesYes
Regulatory OversightYesYesYesN/A
Advanced CybersecurityYesYesYesYes

User Experience

CFI Financial strives to provide an exceptional user experience, ensuring that its clients have access to a seamless and efficient trading environment.

Account Opening Process

The account opening process is straightforward and can be completed online.

Clients are required to provide personal information, financial details, and verification documents to comply with regulatory requirements.

The verification process is typically quick, allowing anybody to start trading promptly.

Platform Usability

The trading platforms offered are known for their user-friendly interfaces and advanced functionalities.

Whether using MT4, MT5, or CFI Trader, clients can expect an intuitive and efficient trading experience.

The platforms are designed to cater to traders of all experience levels, offering customizable features and comprehensive tools for market analysis.

Mobile Trading

Mobile trading is a key aspect of the user experience, allowing anybody to trade on the go.

The mobile versions of MT4, MT5, and CFI Trader are optimized for performance, providing access to real-time market data, advanced charting tools, and seamless order execution.

Customer Feedback

The firm has received positive feedback from clients, particularly regarding its trading conditions, customer support, and platform reliability.

Their commitment to providing a high-quality trading experience is reflected in the positive reviews and testimonials from satisfied clients.

Comparison of User Experience Features

User Experience FeatureStandard AccountPremium AccountIslamic AccountDemo Account
Account Opening ProcessSimple and FastSimple and FastSimple and FastSimple and Fast
Platform UsabilityUser-FriendlyUser-FriendlyUser-FriendlyUser-Friendly
Mobile TradingYesYesYesYes
Customer FeedbackPositivePositivePositivePositive

Conclusion

CFI Financial is a well-regarded broker offering a comprehensive range of trading services and products.

With its robust regulatory framework, advanced trading platforms, diverse account types, and extensive educational resources, the broker caters to the needs of both novice and experienced traders.

The firm’s commitment to providing competitive trading conditions, exceptional customer support, and a secure trading environment makes it a compelling choice for traders looking to navigate the financial markets effectively.

By understanding its detailed features and offerings, potential investors can make informed decisions and choose a broker that aligns with their trading goals and preferences.

The emphasis on transparency, reliability, and client satisfaction underscores its position as a trusted and reputable player in the global financial industry.

Visit official website: www.cfifinancial.com

FAQ

What is the minimum deposit required to open an account?

The minimum deposit required to open an account is $100.

Is the company regulated?

Yes, CFI Financial is regulated by multiple authorities including FCA, CySEC, DFSA, and LFSA.

What trading platforms are available?

CFI Financial offers both MT4 and MT5 trading platforms.

Does it offer a demo account?

Yes, this broker offers a demo account for practice trading.

What is the average spread for EUR/USD?

The average spread for EUR/USD is 0.3 pips.

Are there any fees for deposits or withdrawals?

CFI Financial does not charge fees for deposits or withdrawals.

What are their contact methods?

You can contact them via email at [email protected] or by phone at +123456789.

Resources

User Reviews

“I’ve been trading for over a year now and I am thoroughly impressed with their service. The spreads are incredibly low, and the customer service team is always available to help with any issues. The MT4 platform is easy to use and I’ve had no problems with execution. Highly recommend!”
Dorian Hartley
“CFI Financial has been a game-changer for me. The leverage options are great, and the trading assets are diverse. I had some issues with the withdrawal process initially, but their support team was very helpful and resolved it quickly. Overall, a solid broker.”
Isolde Harper
“I started with CFI Financial a few months ago, and so far, the experience has been positive. The spreads are low, and the MT5 platform offers all the tools I need for my trading strategy. The only downside is the occasional delay in withdrawals.”
Tiberius Cole
“CFI Financial offers excellent customer support and a variety of payment methods which makes deposits and withdrawals hassle-free. The platform’s stability is impressive, and I’ve never encountered any major issues while trading. Highly satisfied!”
Cressida Finch
“Trading with them has been a smooth experience. The low spreads and the availability of both MT4 and MT5 platforms are major advantages. The only minor issue I’ve faced is the limited promotional offers. Other than that, everything is great!”
Peregrine Stone

Article written, edited and reviewed by

adam-rosen-brokfolio

Adam Rosen

Adam Rosen is a seasoned senior marketer whose expertise extends far beyond the norm. Drawing from decades of experience in the industry, Adam plays an integral role in our team, infusing his insights into every project we tackle. But that's not all – Adam has a unique knack for breaking down complex broker information and crafting insightful reviews for our website, Brokfolio. His dedication to providing readers with valuable insights and guidance makes him an invaluable asset to our team. Beyond his professional pursuits, Adam is fueled by an unwavering passion for technology and fintech. He thrives on pushing boundaries and exploring new horizons in these dynamic domains. Curious to learn more about the mind behind the words? Dive into Adam Rosen's profile to discover a wealth of expertise, innovation, and a relentless drive for excellence.

andrew-blumer-brokfolio

Andrew Blumer

Andrew Blumer is a finance pro who's got money matters down to a science.
Back in the day, he schooled at Belmont Hill School in Belmont, MA. Then, he took a swing at Harvard College, bagging a BA degree in economics. And that wasn't enough for him – he also nailed an MBA from Harvard Business School in '98.
But hold on, there's more to this financial nerd.
Andrew's been causing ripples in the fintech world for a while now. In fact, he's the mastermind behind Brokfolio, a platform that's all about making trading on financial markets crystal clear and super accessible.
Oh, and did we mention? He's the manager of Brokfolio's website and an expert in online brokers. So, if you're diving into the world of trading, Andrew's your go-to guy.
For more on his financial escapades, head over to his LinkedIn profile. Trust us, his journey is worth a read!

emily-clark-brokfolio

Emily Clark

Emily Clark is our superstar who kicked off her journey as a content whiz and proofreading ninja, focusing on all things finance and tech.
As our team grew, Emily's role blossomed big time. She became the go-to rockstar, an absolute must-have player in our squad, making our growth story rock.
Emily's work ethic? Oh, it's like a caffeine-fueled engine, chugging away with laser-sharp precision. Seriously, without her juggling skills, our growth wouldn't have hit turbo mode.
But here's the cool part – Emily isn't just words and commas. She's got this uncanny radar for brokers and trading know-how. It's like she's got insider info on these money-making worlds.
Currently Emily's holding the senior editor crown, keeping tabs on content from our awesome team.

Last updated: July 4, 2024