CF Merchants

CF Merchants Information

Since 2011, CF Merchants has provided online trading services for Forex, CFDs, Commodities, Indices, and Cryptocurrencies to clients in over 100 countries. The broker also provides live and demo accounts with a maximum leverage of 1:1000. CF Merchants offers the lowest spreads starting from 0, and the minimum deposit is $0. However, due to its unregulated status and high leverage, CF Merchants is still risky.

Pros and Cons

Is CF Merchants Legit?

CF Merchants is not regulated, making it less safe than regulated brokers.

What Can I Trade on CF Merchants?

CF Merchants offers various market instruments, including forex, commodities, indices, CFDs, and cryptocurrencies, as well as bonds.

Commodity trading covers the buying and selling of a wide range of instruments, including oil and gas, metals such as gold and silver, and soft commodities like cocoa, coffee, wheat, and sugar.

A Contract for Difference (CFD) is a leveraged derivative product that trades on the price movement of an underlying financial asset, such as indices, shares, and commodities.

Account Type

CF Merchants has two account types: live and demo accounts. The demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only. Everyone can also earn money by copying the success of top traders. Muslims are allowed to open Islamic accounts without swaps.

CF Merchants Fees

The spread is as low as 0.0 pips. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.

Deposit and Withdrawal

The first deposit amount must be $0 or above. CF Merchants accepts Bank Wire, Skrill, Neteller, Perfect Money, Bitcoin, Ethereum, Ripple, and Tether for deposit and withdrawal. The transfer processing times are up to 24 to 48 hours and associated fees are 0%.

Bonus

All new and existing customers who open a live account with CF Merchants and deposit at least $500 will receive a 50% deposit credit bonus.