Abstract:CFI Financial Group has expanded its global presence with the establishment of CFI Egypt in Cairo. The new branch offers access to over 200 stocks listed on the Egyptian Exchange and operates under the strict regulations of the Financial Regulatory Authority. This is CFI's ninth regulatory authorization globally.
CFI Financial Group, an eminent multi-asset brokerage firm, continues to broaden its global footprint with the launch of its latest international branch, CFI Egypt. This launch materialized after extensive planning and strategizing for several months.
This significant move takes CFIs exceptional prowess and proficiency as a globally acclaimed online trading provider to Egypt, a country with a burgeoning demand for access to financial markets.
CFI Egypt provides regional investors with access to over 200 stocks listed on the Egyptian Exchange (EGX), including major companies such as Commercial International Bank, QNB ALAHLI, and Telecom Egypt, amongst others. Additionally, the platform offers incredibly competitive trading circumstances and minimal trading fees.
CFI Financial Group's Co-Founder and Managing Director, Hisham Mansour, lauded the move stating, “CFIs dominant position in the Middle East and North Africa (MENA) region is of paramount importance to us, and we envisage that the launch of CFI Egypt will strengthen this position even more. The Egyptian market is one of the key markets in the region, and we eagerly anticipate the potential opportunities for Egyptian investors seeking access to the financial markets.”
Furthermore, he expressed gratitude towards local regulators and authorities who facilitated the smooth start of operations in Egypt and shared confidence in the CFI Egypt team to establish a leadership position in the Egyptian market.
CFI Egypt operates under the strict regulations of the Financial Regulatory Authority (FRA), signifying its commitment to maintaining stringent regulatory compliance and prioritizing client security measures.
This is CFI's ninth regulatory authorization, complementing its existing permits in nations such as the United Arab Emirates, Jordan, and Lebanon. CFI Egypt is also under stringent regulation in the United Kingdom, Cyprus, Mauritius, Seychelles, and Vanuatu.
Sameh El Azab, CEO of CFI Egypt, also shared his excitement, “We look forward to offering our expertise as a world-class trading provider to the Egyptian market. The Group constantly strives for progress and excellence, and we aim to provide our regional clients with a superior and seamless trading experience.”
The launch event, held at CFI Egypts main office in Cairo, and hosted by Mr. Hisham, was a grand affair. A celebratory ceremony at the St Regis Hotel also marked the launch, bringing together industry experts, regulators, and other notable guests.
The launch event illustrated CFIs commitment to nurturing robust industry relationships and heralded the start of an exhilarating journey toward reshaping the trading and investing experience in Egypt.
A recipient of numerous awards, CFI Financial Group brings more than 25 years of trading experience, operating through various entities worldwide. CFI extends highly competitive trading conditions across 23+ global markets, including stocks, forex, commodities, indices, ETFs, and cryptocurrencies. Moreover, CFI is celebrated for its superior client support, daily technical reports, complimentary webinars, and dedicated account managers, ensuring a premier trading experience for its clients in over 100 countries.
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