CFI Financial review and ratings

Established 1998
Location UK Cyprus UAE Mauritius
Regulation FCA, CySEC, DFSA, FSC, CCD, BDL
Offices London, Dubai, Larnaca, Ebene, Amman, Beirut
Broker type STP | ECN
Leverage up to 1:400 (1:30 for EU clients)
Deposit from 50 USD
Spreads mid  mid
Platforms Web MetaTrader 5 cTrader Social Platform
Instruments Currencies Crypto Indices Metals Energies Stocks ETFs
Funding methods Wire Transfer Credit Cards Skrill Neteller SafeCharge

CFI Financial group includes several related companies.

CFI Financial UK - located in the United Kingdom, regulated by the Financial Conduct Authority (FCA).
CFI Financial CY - located in Cyprus, regulated by the Cyprus Securities and Exchange Commission (CySEC).
CFI Financial UAE - located in the United Arab Emirates, regulated by the Dubai Financial Services Authority (DFSA).
CFI Financial MU - located in Mauritius, regulated by the Financial Services Commission (FSC).

CFI Financial group also is licensed/regulated by CCD (Jordan) and BDL (Lebanon).

Be aware, UK and CY companies have some trading restrictions because of the European Securities and Markets Authority (ESMA) influence.

Availability

CFI Financial group accepts clients from all over the world, excluding USA and most countries from the OFAC sanctioned list.

Distinctive features

Trading instruments

Forex broker offers the following underlying assets for trading.

60+ Currency Pairs Based on major and minor world currencies.
60+ Crypto Pairs Based on Bitcoin, Bitcoin Cash, Etherium, Ripple, Litecoin, Cardano, Dash, EOS, Tron, Stellar, Dogecoin, Polkadot, Chainlink, Polygon, Solana, Sushiswap, Avax, BNB, Moonbeam, Kusama, Uniswap, Tezos, Aave, BAT, Compoind, Curve, Dai, Enjin, FTX, Loopring, Decentraland, Marker, OmiseGO, Sandbox and more.
20 Indice CFDs Based on baskets of different blue-chip stocks, US Dollar Index and Volatility Index.
10 Metal CFDs Based on Gold, Silver, Platinum, Palladium and Copper.
3 Energy CFDs Based on Crude Oil (WTI, Brent) and Natural Gas.
1000+ Stock CFDs Based on shares of CA, US, UK, EU, HK, JP and SI companies.
100+ ETF CFDs Based on exchange-traded funds containing various tradable assets.

Comprehensive review

CFI Financial is a CFD and forex broker registered both in the UK, Cyprus, and in classic offshore jurisdictions like the United Arab Emirates (UAE) and Mauritius. The broker offers high leverage, and trading in a large number of instruments, with a strong focus on stock trading.

The main thing that stands out with CFI Financial compared to other forex brokers we have reviewed here on FX-List is the huge number of stock CFDs and exchange traded funds (ETFs) that this broker offers. Unlike most other brokers, the selection of stocks not only includes European and US-listed stocks, but also stocks from countries such as Canada, Hong Kong, Japan and Singapore.

In terms of trading platforms, CFI Financial also stands out by supporting both the well-known MetaTrader 5 (MT5) platform and the lesser known cTrader platform. And although MT5 undoubtedly remains more popular, both of these platforms do have their own groups of loyal users who could never dream of trading on another platform.

Notably, both MT5 and cTrader are available in versions for Windows computers, web, and Apple and Android mobile devices.

As far as trading instruments go, we have already mentioned that CFI Financial has a very strong selection of stock and ETF CFDs. However, the broker also offers more than 60 forex pairs and a similar number of crypto pairs, CFDs of more than 20 large stock indices, as well as a solid selection of commodity CFDs, including energies and precious metals.

The trading accounts that new clients can choose from when they sign up with CFI Financial includes a Zero Commission Account with commission-free trading on all instruments and spreads from 0.6 pips, and a Dynamic Trader Account with commission-based trading and spreads starting from as low as 0 pips.

Both of the trading accounts support the full selection of trading instruments by the brooker, which totals more than 13,000 instruments.

The available leverage is rather high at up to 1:400 for customers trading with a branch of the broker outside the UK and Cyprus. For traders in the UK or EU/EEA, standard European regulations that limit trading leverage to just 1:30 apply.

All trading accounts with CFI Financial can be funded with either bank transfer, credit and debit cards, or the e-wallet services Skrill, Neteller or SafeCharge. Strangely, the broker does not accept crypto deposits or withdrawals, even for clients who are trading with one of its offshore branches. This is, in our view, unfortunate.

To reach out to CFI Financial’s customer support, clients could use either email or call a Cyprus-registered phone number. The broker promises on its website that its support team is available to help 24/7. Worth noting is that the broker also has an extensive FAQ section on its website that should answer most questions a user might have.

In conclusion, we’d like to reiterate that CFI Financial is a forex broker that may or may not be regulated depending on which legal entity a client ends up trading under. For those still comfortable with that, however, this broker should be able to serve most needs. In particular, we like the great selection of stock CFDs that the broker offers, in addition to the choice of whether to trade with MT5 or cTrader. However, we still wish the broker would add a crypto deposit and withdrawal option in the future to make itself even more attractive to users.

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