CFI Financial
abstrak：CFI Financial is registered in the UK and appears to be a fraudulent broker without any credible regulation, with a history of no more than 5 years. Unfortunately, we could not find any more detailed information about this broker on the internet. Therefore, we recommend that you do not deal with such a low-information broker right off the bat and always consult WikiFX to get at least a basic understanding of a broker.
| CFI Financial | Basic Information |
| Company Name | CFI Financial |
| Headquarters | United Kingdom |
| Regulations | Exceeded |
| Account Types | Prime, Elite, Standard account |
| Maximum Leverage | 1:400 |
| Spreads | Variable |
| Customer Support | Email (info@cfifinancial.co.ukor uk@cfifinancial.com)Phone (+44(0)20-3907-4131 or +44(0)20-3907-4132) |
Note: At this time, we only have a cursory look at CFI Financial as the company's official website (https://www.cfifinancial.co.uk/ ) does not open properly.
Risk Warning
Online trading involves huge risks and you can lose all 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 contained herein is for general information purposes only.
Overview of CFI Financial
CFI Financial, headquartered in the United Kingdom, operates as an online trading platform regulated by a reputable authority, exceeding industry standards. Offering various account types, including Prime, Elite, and Standard accounts, CFI Financial caters to the diverse needs and preferences of traders with its comprehensive range of services.
Is CFI Financial Legit？
CFI Financial exceeds the scope, it operates beyond the standard regulatory requirements and is overseen by Germany's BaFin (license number: 133881) with a Non-Forex License. Traders should approach Aussie Forex with caution and thoroughly understand the risks involved before engaging. While the company exceeds regulatory standards in some areas, traders should remain vigilant about potential implications. Conducting comprehensive research and verifying the regulatory status of a broker is crucial for a safer and more secure trading experience, as with any investment venture.
Pros and Cons
CFI Financial offers traders flexibility through variable spreads, allowing them to adapt to changing market conditions. However, the company operates beyond standard regulatory requirements, potentially exposing traders to additional risks. While this may provide certain advantages, traders should proceed with caution and fully understand the implications. On the downside, CFI Financial lacks comprehensive educational resources and transparency regarding its policies and procedures, which may hinder traders seeking guidance and clarity. Additionally, unclear information on minimum deposit requirements and difficulties accessing the website further compound the challenges for prospective clients.
| Pros | Cons |
|
|
|
|
|
|
|
Account Types
CFI Financial offers three main types of accounts: Prime, Elite, and Standard.
| Account Type | Maximum Leverage | Spreads |
| Prime Account | 1:100 | From 0.3 pips |
| Elite Account | 1:200 | From 0.3 pips |
| Standard Account | 1:400 | From 1.7 pips |
Leverage
CFI Financial offers different leverage options based on the chosen account type. The Prime Account provides a maximum leverage of 1:100, offering a balanced approach to risk and potential returns. Traders opting for the Elite Account can access a maximum leverage of 1:200, allowing for amplified trading positions with a moderate investment. For those seeking higher leverage, the Standard Account offers a maximum leverage of 1:400, catering to traders with a more aggressive trading style.
Spreads
CFI Financial provides competitive spreads across its account types. The Prime and Elite Accounts offer spreads starting from just 0.3 pips, ideal for traders seeking tight trading conditions. Meanwhile, the Standard Account features spreads starting from 1.7 pips, providing a balance between cost and trading flexibility.
Customer Support
Clients can reach out via phone at +44(0)20-3907-4131 or +44(0)20-3907-4132 for immediate assistance. Additionally, inquiries can be directed to the company's email addresses: info@cfifinancial.co.uk or uk@cfifinancial.com.
Conclusion
In conclusion, CFI Financial provides traders with flexibility through variable spreads, enabling them to adjust to market fluctuations. However, the company's operations exceed standard regulatory requirements, possibly introducing additional risks for traders. While this might offer certain advantages, traders should exercise caution and grasp the full implications. Conversely, CFI Financial falls short in offering comprehensive educational resources and transparency concerning its policies and procedures, potentially impeding traders seeking guidance and clarity.
FAQs
Q: Is CFI Financial regulated？
A: No, CFI Financial operates without regulation, meaning it lacks oversight from recognized financial regulatory authorities.
Q: What account types does CFI Financial offer？
A: CFI Financial offers three main types of accounts: Prime, Elite, and Standard.
Q: How can I contact CFI Financial's customer support？
A: You can reach CFI Financial's customer support via phone at +44(0)20-3907-4131 or +44(0)20-3907-4132. Additionally, you can email them at info@cfifinancial.co.uk or uk@cfifinancial.com.
Broker ng WikiFX
Exchange Rate
