Abstract:CFX is a financial services platform. The tradable instruments, with demo and live accounts with a maximum leverage of 1:100, include currency pairs, precious metals, and crude. The minimum spread is unspecific and the minimum deposit is 0. CFX is still risky due to its suspicious clone status, high leverage, and negative comments about losses.
CFXReview Summary | |
Founded | 2018-10-25 |
Registered Country/Region | China |
Regulation | Suspicious Clone |
Market Instruments | Currency Pairs(30+)/Precious Metals/Crude |
Demo Account | ✅ |
Leverage | Up to 1:100 |
Spread | Ultra-low |
Trading Platform | MT4(PC/iOS/Android/Web) |
Min Deposit | $100 |
Customer Support | Email: info@circleforex.com |
Live chat |
CFX is a financial services platform. The tradable instruments, with demo and live accounts with a maximum leverage of 1:100, include currency pairs, precious metals, and crude. The minimum spread is unspecific and the minimum deposit is 0. CFX is still risky due to its suspicious clone status, high leverage, and negative comments about losses.
Pros | Cons |
24/5 customer support | Suspicious Clone |
Leverage up to 1:100 | Only email |
Demo account available | Unspecific cost information |
MT4 available | Negative comments about losses |
FSPR regulates CFX with a suspicious clone status, which makes it less safe than regulated brokers.
Traders can choose different investment directions because the broker provides currency pairs, precious metals, and crude.
Tradable Instruments | Supported |
Currency Pairs | ✔ |
Precious Metals | ✔ |
Crude | ✔ |
CFX has demo and live accounts. Traders who want free investment can choose to open a demo account.
Account Type | Supported |
Demo | ✔ |
Live | ✔ |
CFX claims that it does not charge handling fees and has no further fee information.
The maximum leverage is 1:100 meaning that profits and losses are magnified 100 times.
CFX has an authoritative MT4 trading platform for PC, iOS, Android, and Web.
Trading Platform | Supported | Available Devices ec |
MT4 | ✔ | PC, iOS, Android, and Web |
The minimum deposit is $100. CFX supports bank deposits and withdrawals.
CFX provides 24/5 customer support, and traders can contact CFX via live chat and email instead of the phone, which is unable to communicate with customers in time to solve efficiently emergencies.
Contact Options | Details |
info@circleforex.com | |
Live chat | ✔ |
Supported Language | Chinese |
Website Language | Chinese |
Physical Address | Not mentioned |
Selecting the right forex broker can make the difference between trading success and frustration for most investors, especially retail investors. As retail traders gain unprecedented access to global markets, the choice between platforms like JustForex and JustMarkets becomes increasingly significant. Both brokers offer some shining features within the forex and CFD trading space, but their approaches differ in some areas.
CPT Markets’ UAE subsidiary, CPT MENA, secures an SCA Category Five license, expanding its FX and CFDs services in the region. Learn more about its UAE growth.
FCA alerts investors about a Trading212 clone scam using fake details. Learn how to spot clones and protect your funds with the WikiFX app.
Vault Markets, a South African-based broker, has attracted much attention in recent days, particularly within its region. This online broker only offers access to focused trading opportunities on Indices, Currencies, Energies, and Metals, yet it shines on low minimum deposits plus various bonus programmes, which would encourage more investors, especially beginners, to trade with a small budget. However, Vault Markets operates outside of the authorized scope, so we don't consider it solid to trade with.