- What is CFI?
- CFI Pros and Cons
- Is CFI Safe or a Scam?
- Deposits and Withdrawals
- Trading Platform
- Customer Support
Our Review Method
- 55Brokers Financial Experts with over 10 years of experience in Forex Trading check all trading offerings, regulations and licenses, fees, spreads, platforms, customer service, and placed traders to see trading conditions and give expert opinions about CFI.
What is CFI?
Credit Financier Invest (CFI) is a Forex trading company that offers a range of financial services to individuals, corporations, and institutional clients. The broker operates in various global financial markets, including Forex, stocks, bonds, commodities, derivatives, and more. Besides brokerage services, CFI provides asset management, investment banking, and other financial solutions.
Based on our findings, CFI Financial Group has more than 25 years of industry experience and operates through multiple entities across various global locations such as London, Larnaca, Beirut, Amman, Dubai, and other regions.
In general, CFI is a well-established and reputable brokerage firm that provides comprehensive financial solutions to a wide range of clients globally.
CFI Pros and Cons
From our point of view CFI has both advantages and disadvantages necessary to evaluate alike the broker offers a wide selection of over 8,500 trading instruments across various financial products, along with competitive trading costs. Traders have the flexibility to choose from advanced trading platforms like MT5 and cTrader. Additionally, the broker’s regulatory compliance with multiple authorities, including the Top-tier FCA license brings a sense of trust and security. CFI also provides extensive learning resources and research materials which is great for beginners, also its expansion to MENA region makes it a good choice for traders from this region.
For the pros, trading conditions may vary based on the entity, and clients should be aware that market fluctuations can affect investment returns while trading via an international entity since regulations are not so tight there. Also, the broker’s UK entity website lacks 24/7 customer support.
|FCA license and oversee||Conditions might vary based on the entity|
|Top-tier license||Cryptocurrency CFDs not available for UK Traders|
|MT5, cTrader trading platforms||No 24/7 customer support|
|No minimum deposit|
|Education and research|
|Competitive spreads and fees|
CFI Review Summary in 10 Points
|🏢 Headquarters||UK, Cyprus, UAE|
|🗺️ Regulation||FCA, CySEC, DFSA, FSC, VFSC, FSA, JSC, BDL|
|🖥 Platforms||MT5, cTrader|
|📉 Instruments||Forex, Indices, Commodities, Equities, ETFs|
|💰 EUR/USD Spread||0.6 pips|
|🎮 Demo Account||Available|
|💳 Minimum Deposit||No minimum deposit |
|💰 Base Currencies||GBP, EUR, USD|
|☎ Customer Support||24/5|
Overall CFI Ranking
According to our analysis, CFI holds a reputable position in the brokerage industry. With its diverse range of financial solutions, competitive trading costs, and a vast selection of trading instruments, the broker offers a compelling package to clients. Moreover, the top-tier FCA license adds an extra layer of credibility and trust.
- CFI Overall Ranking is 8 out of 10 based on our testing and compared to over 500 brokers, see Our Ranking below compared to other industry Leading Brokers.
|Our Ranking ||⭐⭐⭐⭐⭐||⭐⭐⭐⭐⭐||⭐⭐⭐⭐|
|Advantages||Spreads||Trading Conditions||Trading Instruments|
CFI Alternative Brokers
After a comprehensive assessment of various criteria, including trading features, regulatory compliance, spread offerings, available trading instruments, and user feedback, we have conducted an analysis to provide a list of alternative broker options that can be considered instead of CFI.
- AIMS – Competitive Trading Conditions
- ALB – Wide Range of Trading Instruments
- CMC Markets – Low Spreads
We found that CFI has received numerous awards and recognition from well-known organizations in the industry since 1998. Below is a screenshot that includes some of these awards.
Is CFI Safe or Scam?
No, CFI is not a scam. The broker is trustworthy and secure as it is regulated by the Top-tier FCA (UK), and also holds additional licenses in various jurisdictions allowing global expansion. The authority is known for enforcing stringent rules and regulations to maintain the highest standards in the financial industry. This regulatory oversight adds extra confidence in the broker’s operations, guaranteeing their adherence to regulatory requirements.
Is CFI Legit?
Yes, CFI is a legit and regulated brokerage firm that holds the necessary licenses and follows regulations for offering Forex trading services. The broker’s compliance with industry standards is assured by its regulation under a top-tier authority, which ensures compliance with established financial regulations and industry standards.
However, the broker also holds offshore licenses. Therefore, before engaging in trading activities you should carefully consider and understand the differences while trading in different jurisdictions even using the same Broker.
See our conclusion on CFI Reliability:
- Our Ranked CFI Trust Score is 8.7 out of 10 for the good reputation and services provided. However, evaluate your individual requirements, preferences, and risk tolerance to determine if the broker is a suitable match for your needs.
|CFI Strong Points||CFI Weak Points|
|Regulation with multiple licenses||Trading via offshore zone|
Protection of Trading Accounts
CFI follows industry standards and regulatory compliance which set quite a high security level for trading accounts. These include measures to safeguard client funds through segregation and offering protections like negative balance protection. As an STP and NDD broker, the broker creates a secure trading environment by directing all trades to global clearing banks, ensuring real-time execution at market prices, yet it does not protect the account itself but rather provides good trading execution itself.
However, you should do your research and thoroughly review CFI’s documentation, legal agreements, and policies to gain a comprehensive understanding of the specific trading protections the firm offers, alike international standards are much lower compared to UK ones so conditions might not suit some trading demands. This will help you make an informed decision before engaging in any trading activities.
Leverage is a useful tool that enables traders to enter the market with limited capital. However, its use can lead to substantial profits or losses as well. As such, you should have a comprehensive understanding of how leverage works and its possible consequences before engaging in any trading activities that involve leverage,.
CFI leverage is offered according to the FCA, CySEC, DFSA, FSC, VFSC, FSA, JSC, and BDL regulations:
- UK traders are eligible to use low leverage up to 1:30 for major currency pairs.
- European traders are eligible to use a maximum of up to 1:30 for major currency pairs.
- International traders may use higher leverage up to 1:500.
Based on our research, traders have the option to choose All-inclusive and Premium account types with low commissions and trading spreads which is a good one-stop account offering suitable for everyone.
Additionally, the broker provides Swap-free accounts since expanded comprehensively in MENA region, as well as a Demo account without any charges, allowing traders to practice trading and test different strategies through simulated trades.
|No minimum deposit|
|Fast and easy account opening|
|Demo and swap-free accounts|
Opening CFI Trading Account
Opening an account with a broker is quite an easy process, as you can log in and register with CFI within minutes. Just follow the opening account or sign-in page and proceed with the guided steps:
- Select and Click on the “Open a Real Account” page
- Enter the required personal data (Name, email, phone number, etc.)
- Verify your personal data by upload of documentation (residential proof, ID, etc.)
- Complete the electronic quiz confirming your trading experience
- Once your account is activated and proven, follow with the money deposit.
CFI provides access to various trading options, including over 8,500 products in Forex, Indices, Commodities, Equities, ETFs, etc. However, the availability of specific trading instruments may vary depending on the entity. For instance, Cryptocurrency CFDs are available only via international entities since FCA bans the use of Cryptos for retail traders.
- CFI Markets Range Score is 8.5 out of 10 for famous trading product selection. On the other hand, we found that some popular asset classes are not available to trade. Cryptocurrencies are only available via International proposal.
Per our findings, the broker offers competitive pricing for a majority of its trading services with low commissions. Additionally, CFI does not charge fees for deposits and withdrawals, although there may be fees associated with transferring funds to and from your trading account. Also, additional costs, such as swap or rollover fees, may be incurred during trading activities.
- CFI Fees are ranked average with an overall rating of 8 out of 10 based on our testing and compared to over 500 other brokers.
|Fees||CFI Fees||AIMS Fees||ALB Fees|
According to our test trade, CFI offers tight and floating spreads, with an average spread of 0.6 pips for the EUR/USD currency pair in the Forex market. However, spreads can vary based on various factors like market conditions, volatility, and liquidity. To obtain accurate and comprehensive details regarding spreads, consult the broker’s official website or contact their customer support.
- CFI Spreads are ranked average with an overall rating of 8 out of 10 based on our testing comparison to other brokers. We found Forex spread lower than the industry average and spreads for other instruments are competitive too.
|Asset/ Pair||CFI Spread||AIMS Spread||ALB Spread|
|EUR USD Spread||0.6 pips||1.5 pips||0.7 pips|
|Crude Oil WTI Spread||2.6||3||0.04|
Deposits and Withdrawals
The broker provides its clients with the option to deposit funds into their trading accounts using Bank Wire and Credit/Debit card methods. However, certain payment methods may have specific requirements depending on the client’s bank or other financial institutions involved in the transaction.
- CFI Funding Methods we ranked good with an overall rating of 7.9 out of 10. Fees are low, and also you can benefit from various account-based currencies.
Here are some good and negative points for CFI funding methods found:
|Fast digital deposits||Limited funding methods|
|Multiple account base currencies|
|No fees for deposits or withdrawals|
CFI Minimum Deposit
There is no minimum deposit requirement to open a trading account with CFI, which makes it a flexible option for traders of different financial capabilities.
CFI minimum deposit vs other brokers
||Most Other Brokers
Upon our findings, the broker does not charge fees for deposits and withdrawals. CFI UK ensures that withdrawing funds from your online trading account is a seamless and efficient process. You simply need to select the desired withdrawal method and provide your credentials within the CFI portal.
Withdraw Money from CFI Step by Step:
To initiate a withdrawal fund from your trading account, the brokerage firm provides a set of typical steps that can be followed:
- Login to your account
- Select Withdraw Funds’ in the menu tab
- Enter the withdrawn amount
- Choose the withdrawal method
- Complete the electronic request with the requirements
- Confirm withdrawal information and Submit
- Check the current status of withdrawal through your Dashboard
CFI traders can use the advanced MetaTrader 5 and cTrader trading platforms on various devices such as Android, iOS, Windows, and Mac. These platforms are highly regarded for their strong features, user-friendly interface, advanced charting tools, and extensive trading capabilities.
- CFI Platform is ranked good with an overall rating of 8.9 out of 10 compared to over 500 other brokers. We mark it as good since it offers the widely popular MT5 and cTrader trading platforms, which are suitable for various trading strategies.
|Platforms||CFI Platforms||AIMS Platforms||ALB Platforms|
We found that these platforms offer a diverse range of trading tools to assist traders in making informed decisions and optimizing their trading strategies, which include powerful charting capabilities, advanced order types, and execution, strategy automation, one-click order entry, and many other advanced features. Moreover, traders have access to real-time data feeds, risk management tools, economic calendars, and other valuable resources aimed at enhancing the trading experience and improving overall trading performance.
The broker’s customer service operates 24/5 through Phone, Email, Live chat, and Social Media. Also, the support team consists of trading specialists who are ready to help with technical support, offer recommendations, answer general questions, and assist in resolving operational problems.
- Customer Support in CFI is ranked good with an overall rating of 8 out of 10 based on our testing. We got fast and knowledgeable responses, and also it is easy to reach during the working days.
See our find and ranking on Customer Service Quality:
|Email, phone line, live chat, social media channels||No 24/7 customer support|
Finally, traders have the advantage of accessing a diverse selection of educational materials, including webinars, a trading blog, an economic calendar, a glossary of terms, and educational videos, all designed to enhance the knowledge and skills of traders.
- CFI Education ranked with an overall rating of 8.5 out of 10 based on our research. We found that the broker offers good-quality of educational materials, research, and analysis suitable for beginners or traders to enhance their trading strategies knowledge.
CFI Review Conclusion
In summary, CFI is a trustworthy Forex broker that offers a competitive trading environment, a diverse range of trading products, and low trading fees for both retail and institutional clients. Since broker provides popular trading platforms like MT5 and cTrader, which are equipped with advanced features and tools offering suitable for various levels of traders. The broker also provides a wide range of educational materials and research resources to support traders in expanding their knowledge and staying informed about the market. Another plus is no minimum requirement of deposit and quite a good coverage of Mena region with swap-free and Islamic accounts offering.
However, there may be variations in trading conditions depending on the specific entity, alike Broker has several entities in offshore zones, so mainly International clients are served by these entities which indeed offer lower security levels compared to its UK or Cyprus entity. Moreover, the absence of 24/7 customer support is another drawback to consider.
Overall, CFI is a reliable and comprehensive platform for traders seeking confidence in navigating the financial markets. Yet, we recommend conducting thorough research to ensure that the broker aligns with your individual trading needs, considering possible differences in conditions across different entities.
Based on Our findings and Financial Expert Opinions CFI is Good for:
- Traders from the UK
- Traders from MENA Region, Dubai, Lebanon
- Islamic Trading and Swap-Free Trading
- Traders who prefer the MT5 and cTrader trading platforms
- International traders
- CFD and currency trading
- European traders
- Institutional trading
- STP/NDD execution
- Swap-free trading
- Competitive spreads
- Good trading tools
- EA/Auto trading