Score

1.90 /10
Danger

CFI HK GROUP

Hong Kong

2-5 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index6.62

Risk Management Index0.00

Software Index6.91

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-10-01
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

CFI HK GROUP · Company summary

Note: CFI HK GROUP's official site - https://www.cfihongkong.com/en is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

CFI HK GROUP Review Summary
Registered Country/Region Hong Kong
Regulation No Regulation
Market Instruments forex, commodities, indices, precious metals
Demo Account Not mentioned
Leverage 1:500
Spread Not mentioned
Trading Platform MT4
Minimum Deposit Not mentioned
Customer Support Phone: +852 51368538
Email: info@cfi-hk.net
Address: 66F, international Financial Centre, 8 Financial Street, Central, Hong Kong

CFI HK GROUP Information

CFI HK GROUP is an unregulated financial services provider based in Hong Kong, offering access to forex, commodities, indices, and precious metals markets, aiming to cater to diverse investor needs. Utilizing the MetaTrader 4 (MT4) platform and competitive leverage options up to 1:500, CFI HK GROUP emphasizes user-friendly trading experiences, incorporating advanced charting tools and automated trading capabilities through Expert Advisors (EAs).

CFI HK GROUP

In the following article, we will analyse the characteristics of this broker in all its dimensions, providing you with easy and well-organised information. If you are interested, read on.

Pros & Cons

Pros Cons
Diverse Range of Trading Instruments No Regulation
MetaTrader 4 Platform Lack of Transparency
Non-functional Website

Pros:

Diverse Range of Trading Instruments: CFI HK GROUP offers forex, commodities, indices, and precious metals.

MetaTrader 4 Platform: Utilizing MT4, known for its user-friendly interface, powerful charting tools, and automated trading capabilities.

Cons:

No Regulation: The lack of valid regulation raises significant safety and trust concerns, as regulatory oversight is crucial for ensuring customer protection and platform transparency.

Lack of Transparency: The company's website is non-functional. Critical trading information such as demo accounts, leverage, spreads, and trading platforms is not provided, making it challenging for investors to assess the company's offerings.

Non-functional Website: The absence of a functioning website indicates a lack of professionalism or operational issues within the company. It also hinders investors' ability to conduct thorough research and due diligence before engaging with the company, further exacerbating the lack of transparency and trustworthiness.

Is CFI HK GROUP Legit?

CFI HK GROUP currently lacks valid regulation, which raises significant concerns about its safety and legitimacy. Regulatory oversight is crucial for ensuring that a financial services provider operates within established standards and adheres to specific rules and requirements designed to protect investors and clients. Without proper regulation, there is an increased risk of fraudulent activities, scams, and inadequate consumer protection.

No license

Market Instruments

CFI HK GROUP provides a diverse range of trading instruments catering to various investment preferences. Their offerings include forex pairs, allowing traders to engage in the dynamic foreign exchange markets. Additionally, they offer commodities, enabling investors to trade in raw materials such as oil, gold, and agricultural products.

Indices are also available, providing opportunities to speculate on the performance of global stock markets. For those interested in alternative investments, CFI HK GROUP offers precious metals like gold and silver, which are popular choices for hedging strategies and portfolio diversification.

Leverage

CFI HK GROUP offers traders a competitive edge with a maximum leverage of up to 1:500, allowing them to amplify their trading positions significantly. This high leverage ratio empowers traders to control larger positions with a smaller initial investment, thereby increasing their profit potential. However, while leverage can enhance gains, it also magnifies risks, making risk management strategies crucial.

Trading Platform

CFI HK GROUP enhances its trading experience with the widely acclaimed MetaTrader 4 (MT4) platform, catering to the needs of both novice and experienced traders alike. MT4 is renowned for its user-friendly interface, powerful charting tools, and customizable features that facilitate seamless trading across forex, commodities, indices, and precious metals markets.

The platform supports automated trading through Expert Advisors (EAs), allowing traders to execute strategies without constant monitoring. Additionally, MT4's robust security measures ensure the safety of client transactions and data, providing peace of mind in the fast-paced financial markets.

Customer Service

CFI HK GROUP's support team can be reached through different channels for ultimate convenience.

  • Phone: +852 51368538

  • Email: info@cfi-hk.net

  • Address: 66F, international Financial Centre, 8 Financial Street, Central, Hong Kong

Conclusion

In conclusion, CFI HK GROUP offers diverse trading instruments to cater to different trading needs and allows trading with high leverage and MT4 platform. However, its unregulated status raises significant concerns about its safety and legitimacy. The lack of complete and transparent information about its trading assets, account details, and other service sections can hinder a trader's decision-making process.

Now, the ball's in your court when it comes to choosing whether to go with this broker or explore other options. Hopefully, this review has shed some light on your decision-making process.

Frequently Asked Questions (FAQs)

Is CFI HK GROUP regulated?

No. It has been verified that this broker currently has no valid regulation.

What trading instruments does CFI HK GROUP offer?

Forex pairs, commodities (such as oil and gold), indices representing global stock markets, and precious metals like gold and silver.

Which trading platform does CFI HK GROUP use?

MetaTrader 4 platform.

Is CFI HK GROUP a good broker for beginners?

No. It is not a good choice for beginners. Not only because of its unregulated condition but also because of its inaccessible website.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

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