CFI Group

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

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.

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.

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.

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

Trading Platform

CFI Group supports several types of trading platforms, including CFI Trading APP, MT4, MT5, Trading View, cTrader, and CFI Multi-Asset.

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.