CFI Markets Review 2020

CFI Markets Rated 3/5
learn more Learn more about eToro. 75% of retail investor accounts lose money when trading CFDs with this provider.

CFI Markets Guide

CFI Markets are an online broker founded in 2012 offering Forex trading.

CFI Markets are a global broker and have a head office in Cyprus.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of CFI Markets we break down the pros and cons. What CFI Markets are able to offer, what countries CFI Markets are available in. Who CFI Markets are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with CFI Markets

Open CFI Markets's Website

Losses can exceed deposits

At the bottom of this review you can also learn about some pretty good alternatives to CFI Markets

With this review we hope to help you see if CFI Markets is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding CFI Markets that will help you get off to a good start in the world of online trading.

CFI Markets Review Table of Contents

CFI Markets what you should know

CFI Markets offer one way to trade: Forex.

With CFI Markets you will need a minimum deposit of $100. You can sign up for a demo account to acquaint yourself with CFI Markets platform.

CFI Markets are able to accommodate various levels of traders whether you are experienced or a beginner.


Are CFI Markets safe?

When choosing a broker like CFI Markets the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2012, and in operation for 8 years CFI Markets have a head office in Cyprus.

CFI Markets is regulated. This means CFI Markets are supervised by and is checked for conduct by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to CFI Markets, this will be honored. If CFI Markets violate any regulatory rules their regulated status could be stripped.

Any payments funded to CFI Markets accounts by traders are held in a segregated bank account.

For added security CFI Markets use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with CFI Markets. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit CFI Markets

Losses can exceed deposits

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

Broker CFI Markets eToro XTB Trading212
Year Established 2012 2006 2002 2006
Head Office Cyprus Cyprus, UK Poland UK
Regulation Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
Used By 10,000+ 12,000,000+ 250,000+ 14,000,000+
Negative balance protection No No Yes Yes
Guaranteed Stop Loss No No No Yes
Learn More Visit CFI Markets Visit eToro Visit XTB Visit Trading 212
Risk Warning Losses can exceed deposits 75% of retail investor accounts lose money when trading CFDs with this provider. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFI Markets Pros and Cons

What we like about CFI Markets

  • Used by over 10,000 traders
  • Established in 2012
  • Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin)
  • Min. deposit from $100

What we don't like about CFI Markets

CFI Markets Financial Regulation and Supervision in more detail

We have checked and CFI Markets is regulated and supervised by reputable organisations. You are able to check every CFI Markets supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with CFI Markets. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect CFI Markets traders and provide a safe trading environment.

CFI Markets is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as CFI Markets you should be sure they're legitimate online agent.

CFI Markets General Fees

  • CFI Markets doesn't charge withdrawal fees
  • CFI Markets does charge inactivity fees
  • CFI Markets does charge deposit fees
Broker CFI Markets eToro XTB Trading212
Min Deposit 100 200 0 1
Withdrawl Fees No Yes varies No
Inactivity Fees Yes Yes No No
Deposit Fees Varies No No No
CFD Commission Fees No No Yes No

CFI Markets Commissions

  • CFI Markets doesn't charge commission on CFD instruments.

What can you trade with CFI Markets?

You can trade a wide variety of instruments with CFI Markets over 100 instruments infact.

If you are looking at trading currency pairs CFI Markets offer over 30 currency pairs.

Compare CFI Markets with eToro and XTB below.

Losses can exceed deposits

Broker CFI Markets eToro XTB Trading212
Instruments Available 100 100 1,500 3000
Platforms MT4, Mac, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
FX / Currencies Visit CFI Markets Visit eToro Visit XTB Visit Trading 212
Forex pairs offered 30 50 50 177
Major forex pairs Yes Yes Yes Yes
Minor forex pairs Yes Yes Yes Yes
Exotic forex pairs Yes Yes Yes Yes
Cryptocurrencies No Yes Yes Yes
Commodity CFDs Visit CFI Markets Visit eToro Visit XTB Visit Trading 212
Commodities Offered 0 0 21 14
Metals Yes Yes Yes Yes
Energies Yes Yes Yes Yes
Agricultural No Yes Yes Yes
Indiced & Stock CFDs Visit CFI Markets Visit eToro Visit XTB Visit Trading 212
Stocks Offered 0 957 1696 1731
UK Shares No Yes Yes Yes
US Shares No Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares Yes Yes Yes Yes

Trading on CFI Markets web platforms and other applications

CFI Markets offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

An CFI Markets IOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device

CFI Markets also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

See CFI Markets's platforms

CFI Markets Trading benefits :

  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit

CFI Markets Trading Accounts Offered :

  • Demo account
  • Mini account
  • Standard account
  • STP account
  • Islamic account

Can I try CFI Markets before I buy?

CFI Markets offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

CFI Markets withdrawl and funding methods.

CFI Markets offer the below funding payment methods. learn more about CFI Markets

  • Credit cards
  • Bank Transfer
  • PayPal
  • Neteller
Broker CFI Markets eToro XTB Trading212
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal Yes Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer Yes Yes No
Neteller Yes Yes Yes No

How can I start trading with CFI Markets?

When opening a trading account with CFI Markets, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on CFI Markets trading platforms here.

Performing trades with CFI Markets

CFI Markets allow you to execute a minimum of trade of 0.01 Lot. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument. As CFI Markets offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the instruments.

Limit Risk When Trading with CFI Markets Stop Loss, CFI Markets Stop Limit Orders

A stop-loss order is an order placed with a broker like CFI Markets to buy or sell once the stock reaches a certain price. A stop-loss is designed to limit a traders loss on a security position.

Most traders need to use stop losses to protect themselves from huge risk unless the trade is hedged against another trade or the trader is not using leverage. Circumstances differ depending on the trade and the markets.

Education resources at CFI Markets

To trade effectively with CFI Markets, it's important to get a have a good understanding of the CFI Markets trading tools and the markets.

CFI Markets offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with CFI Markets.

Take time to look around the CFI Markets platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at CFI Markets

CFI Markets support a limited number including English

CFI Markets have a double AA grade support rating because CFI Markets offer live chat and email support in multiple languages.

Livechat Support at CFI Markets

We tested the CFI Markets live chat and it works well. We sent messages to CFI Markets livechat through their app and website and recieved a response within 30 seconds.

We tested communicating with CFI Markets support in multiple languages in multiple countries. CFI Markets where able to quickly resolve our customer issues.

Email Support at CFI Markets

We sent several emails to CFI Markets and answer times overall were excellent. The fastest response from CFI Markets was less than 15 minutes and the slowest response was 7 hours. Support response times may vary for you with CFI Markets, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall very good email support from CFI Markets.

Phone Support at CFI Markets

We called CFI Markets and the call was answered very quickly. The call was answered in less than 5 minutes.

The CFI Markets phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual CFI Markets team by calling in varying languages. CFI Markets made an effort to make sure our queries were answered.

Overall great phone support from CFI Markets.

See how CFI Markets Support Compares Against Other Brokers

Broker CFI Markets eToro XTB Trading212
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English English, German, Spanish, French, and Italian English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, РУССКИЙ, Romana, Turkce, العربية, 中文
Learn More Visit CFI Markets Visit eToro Visit XTB Visit Trading 212
Risk Warning Losses can exceed deposits 75% of retail investor accounts lose money when trading CFDs with this provider. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

What you will need to open an account with CFI Markets

As CFI Markets is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore CFI Markets's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with CFI Markets you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from http://www.cfimarkets.com/ on 12th August 2018.

Is CFI Markets A Good Broker?

We spent over 3 months examining CFI Markets in depth. Although we found some very useful aspects of the CFI Markets platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative CFI Markets broker.

  • CFI Markets have a good track record of offering Forex.
  • CFI Markets has a history of over 8 years.
  • CFI Markets has a reasonable sized customer support of at least 10.
  • CFI Markets are regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin). This means CFI Markets fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • CFI Markets have regulation from a Tier 1 reputable country.
  • CFI Markets has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • CFI Markets have an international presence in multiple countries. This includes local CFI Markets seminars and training.
  • CFI Markets are able to hire people from various locations in the world who can better communicate in your local language.

CFI Markets Risk Disclaimer

Losses can exceed deposits

CFI Markets not quite right?

Check out these CFI Markets Alternatives

We have spent years researching the best alternatives to CFI Markets. Click the links below to learn more.

If you feel some of the above CFI Markets are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of CFI Markets alternatives below.

Related CFI Markets Comparisons

If you would like to see how CFI Markets stands up against other brokers you can read some of our CFI Markets comparisons below. We compare side by side some of our top rated CFI Markets versus comparisons. Read some indepth CFI Markets VS pages below.

CFI MARKETS Frequently Asked Questions

Can I try CFI Markets before I buy?

CFI Markets offer a demo account so you can try before you put down and payment. Learn more here

What funding methods do CFI Markets accept?

CFI Markets offer the following funding payment methods accept Credit cards, Bank Transfers, PayPal, Neteller, Wire Transfer, among other payment methods.
Learn more here

Losses can exceed deposits

Is CFI Markets safe?

CFI Markets are considered safe as they are regulated by and checked for conduct by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin). Any payments funded to CFI Markets accounts by traders are held in a segregated bank account. For added security CFI Markets use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is CFI Markets trading good?

CFI Markets is considered good and reputable to trade with. CFI MarketsCFI Markets is used by over CFI Markets active traders. CFI Markets offers Forex trading. Minimum deposit with CFI Markets is mindeposit.

Is CFI Markets trading Legit?

CFI Markets was founded in Cyprus in 2012. CFI Markets has been facilitating trade on the financial markets for over 8 years. CFI Markets offers clients Forex trading. All funds deposited to CFI Markets are held in segregated tier 1 bank accounts for security. CFI Markets is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) so can be considered legit.

Is CFI Markets a good broker?

CFI Markets is overseen by the top tier financial regulators Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) so can be considered a good broker.CFI Markets allows Forex trading.

Is CFI Markets trustworthy broker?

CFI Markets can be considered trustworthy. All money funded to CFI Markets is placed into a segregated tier 1 bank account. this means your money in not held by CFI Markets directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also CFI Markets is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin).

What is the minimum deposit for CFI Markets?

The minimum deposit to trade with CFI Markets is 100.

How long do CFI Markets withdrawals take?

Withdrawing money from CFI Markets processing time varies but averages 2-5 days.

Is CFI Markets regulated?

CFI Markets is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin).

Is CFI Markets a market maker?

CFI Markets is a market maker. Stocks, currency and other commodities and instruments will be purchased by CFI Markets even if no buyer is lined up.

How can I start trading with CFI Markets?

When opening a trading account with CFI Markets, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on CFI Markets trading platforms here.

Is my money safe with CFI Markets?

CFI Markets is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin). One of the most important criteria for traders when choosing a broker like CFI Markets is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to CFI Markets, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is CFI Markets a con?

CFI Markets is regulated and well established having been in business for over 8 years. CFI Markets is definitely not a con.

Can you make money with CFI Markets?

Although traders have had great success with CFI Markets. Trading on the financial markets with CFI Markets is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Losses can exceed deposits.

Does CFI Markets have fees?

CFI Markets doesn't charge withdrawal fees. CFI Markets does charge inactivity fees. CFI Markets does charge deposit fees.

When was CFI Markets founded?

CFI Markets was founded in 2012.

How many people use CFI Markets?

CFI Markets is used by over 10000 registered traders.

What is CFI Markets Headquarters country?

CFI Markets has its head quarters office in Cyprus.

Does CFI Markets offer negative balance protection?

CFI Markets does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does CFI Markets offer guaranteed stop loss?

CFI Markets does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does CFI Markets allow scalping?

CFI Markets offers scalping.

Does CFI Markets allow hedging?

CFI Markets offers hedging.

Does CFI Markets offer CFD trading?

CFI Markets does not offer CFD trading.

Does CFI Markets offer STP?

CFI Markets offers STP trading.

How many people use CFI Markets?

CFI Markets is used by over 10000 traders.

Is CFI Markets an ECN broker?

CFI Markets does not offer ECN trading.

Does CFI Markets offer a demo account?

CFI Markets offers a demo account.

Does CFI Markets offer an Islamic account?

CFI Markets offers a Islamic accounts.

What are the funding methods for CFI Markets?

CFI Markets accept the following funding methods : Credit cards, PayPal, Neteller, Bank Transfer.

CFI Markets review written by Andrew Blumer and Mark Hansen

We hope you found our review of the CFI Markets brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

CFI Markets review written by Mark Hansen of Comparebrokers.co