Description
CFI Group · Company Summary
| CFI GroupReview Summary | |
| Founded | 1998 |
| Registered Country/Region | Mauritius |
| Regulation | CySEC, FCA, SCA, BDL, FSA/VFSC (offshore) |
| Market Instruments | Forex, Stocks, Metals, Energies, Indices, ETFs, Crypto, Bonds, Futures |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| EUR/USDSpread | 0.4 – 1.1 pips (Zero Commission Account) |
| From 0 pips (Dynamic Trader Account) | |
| Trading Platform | CFI Trading APP, MT4, MT5, Trading View, cTrader, CFI Multi-Asset |
| Social Trading | ✅ |
| Min Deposit | $0 |
| Customer Support | 24/7 Online Chat |
| Tel: +230 4608266 | |
| Email: global@cfi.trade | |
| Social media: Twitter, Facebook, Instagram, YouTube and Linkedin | |
| Address: The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebene, Grand Floor, Republic of Mauritius | |
CFI Group was established in 1998, based in Mauritius. It offers a variety of products, such as forex, stocks, bonds, futures, and so on. In CFI Group, two types of accounts are available: Zero Commission Account and Dynamic Trading Account, and customers also have access to a free demo account. More importantly, it is regulated, and its platforms are stable. However, it is offshore regulated by two authorities, and its leverage can be up to 1:500, which means potential risks still exist.
Pros and Cons
| Pros | Cons |
| Long operation time | Offshore regulation risks |
| Regulated well | Limited account types |
| Various market instruments | No Islamic account |
| Demo accounts | |
| MT4 and MT5 provided | |
| No minimum deposit | |
| No deposit and withdrawal fees | |
| 24/7 live chat support |
Is CFI Group Legit?
CFI Group is regulated by CySEC, FCA, SCA, BDL, and offshore regulated by FSA and VFSC. Besides, the Cyprus Securities and Exchange Commission (CySEC) once sanctioned CFI Group for possible violations of the Law. Therefore, please be aware of potential risks.
| Regulated Authority | Current Status | Regulated Country | License Type | License No. |
| Cyprus Securities and Exchange Commission (CySEC) | Regulated | Cyprus | Market Making (MM) | 179/12 |
| Financial Conduct Authority (FCA) | Regulated | UK | Straight Through Processing (STP) | 828955 |
| Securities and Commidities Authority (SCA) | Regulated | UAE | Retail Forex License | 20200000154 |
| BANQUE DU LIBAN (BDL) | Regulated | Lebanon | Financial Service | 40 |
| The Seychelles Financial Services Authority (FSA) | Offshore regulated | Seychelles | Retail Forex License | SD107 |
| Vanuatu Financial Services Commission (VFSC） | Offshore regulated | Vanuatu | Retail Forex License | 700479 |
What Can I Trade on CFI Group?
On CFI Group, customers can explore the forex, stocks, metals, energies, indices, ETFs, crypto, bonds, and futures markets.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Stocks | ✔ |
| Cryptos | ✔ |
| Indices | ✔ |
| Metals | ✔ |
| ETFs | ✔ |
| Futures | ✔ |
| Energies | ✔ |
| Bonds | ✔ |
| Options | ❌ |
Account Type
CFI Group provides 2 types of accounts, including Zero Commission Account and Dynamic Trader Account. A free demo account is also available, but CFI Group does not provide an Islamic Account.
| Account Type | Base Currencies | Min Deposit |
| Zero Commission | USD, EUR, GBP, ETC. | $0 |
| Dynamic Trader |
Leverage
The maximum leverage is 1:500 for both account types. Please be careful, because high leverage is likely to bring high potential risks.
CFI Group Spread
| Account Type | EUR/USD Spead | Commission |
| Zero Commission | 0.4 – 1.1 pips | ❌ |
| Dynamic Trader | From 0.0 pips | Low |
Trading Platform
CFI Group supports several types of trading platforms, including CFI Trading APP, MT4, MT5, Trading View, cTrader, and CFI Multi-Asset.
| Trading Platform | Supported | Available Devices | Suitable for |
| CFI Trading APP | ✔ | Mobile | / |
| MT4 | ✔ | Web, desktop, mobile | Beginners |
| MT5 | ✔ | Web, desktop, mobile | Experienced traders |
| Trading View | ✔ | Desktop | / |
| cTrader | ✔ | Desktop, mobile | Stocks traders |
| CFI Multi-Asset | ✔ | Desktop, mobile | / |
Deposit and Withdrawal
The payment options include credit/debit cards, CFI Card by G2P, and wire transfer. More importantly, CFI Group does not charge deposit and withdrawal fees, and there is no minimum deposit/withdrawalrequirement.
| Payment Option | Supported Currencies | Min Deposit/Withdrawal | Processing Time |
| Credit/debit cards | USD, AED | $0 | Instant |
| CFI Card by G2P | USD | Instant | |
| Wire transfer | USD, GBP, AED | 1-5 days |
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