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Editor’s Verdict
CFI Trade, founded in 2005, is an industry-leading multi-asset broker compliant with 13 regulators worldwide. It has a distinct focus on the Arab world, where it has licenses with seven regulators. Traders benefit from an excellent asset selection, low trading fees, and swap-free Islamic accounts. My comprehensive CFI Trade review evaluated its trading conditions and found its competitive edge. Should you open an account with CFI Trade?
Overview
CFI Trade provides demanding traders with a cutting-edge trading environment.
Headquarters | United Arab Emirates |
|---|---|
Regulators | CySEC, FCA, FSA, FSC Mauritius, FSCA, SCA, VFSC |
Tier 1 Regulator(s)? | |
Owned by Public Company? | |
Year Established | 2005 |
Execution Type(s) | ECN/STP, Market Maker |
Minimum Deposit | $0 |
Negative Balance Protection | |
Trading Platform(s) | Other, MetaTrader 5, Proprietary platform, Trading View |
Average Trading Cost EUR/USD | 0.4 pips ($4.00) |
Average Trading Cost GBP/USD | 0.4 pips ($4.00) |
Average Trading Cost WTI Crude Oil | $0.026 |
Average Trading Cost Gold | $0.12 |
Average Trading Cost Bitcoin | Undisclosed |
Retail Loss Rate | Undisclosed |
Minimum Raw Spreads | 0.0 pips |
Minimum Standard Spreads | 0.4 pips |
Minimum Commission for Forex | Undisclosed, but volume-dependent |
Funding Methods | 5 |
Islamic Account | |
Signals | |
US Persons Accepted? | |
Managed Accounts |
CFI Trade Five Core Takeaways:
- Advanced trading infrastructure, including in-house AI trading assistant Kaiana
- $1T+ in quarterly trading volume
- Commission-free spreads from 0.4 pips
- Quality beginner research and education, including Trading Transparency+
- Limited payment processors and lack of regional mobile and e-wallet options
CFI Trade Regulation & Security
Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend that traders check for regulations and verify them with the regulator by checking the provided license with their database. CFI Trade has 13 regulated subsidiaries with a clean track record.
Country of the Regulator | United Arab Emirates, Azerbaijan, Cyprus, Egypt, Jordan, Lebanon, Mauritius, Oman, Seychelles, United Kingdom, Vanuatu, South Africa |
|---|---|
Name of the Regulator | CySEC, FCA, FSA, FSC Mauritius, FSCA, SCA, VFSC |
Regulatory License Number | 20200000154, 49631, 40, CMA CMI054, ISNL/L-7/2016, 101, PMCA/CFI/4, 828955, 179/12, SD107, 700479, C161178, 53711 |
Regulatory Tier | 2, 2, 5, 5, 5, 5, 5, 1, 1, 4, 4, 4, 2 |
Is CFI Trade Legit and Safe?
My review found no misconduct or malpractice by this broker. Therefore, I recommend CFI Trade as it is a legitimate broker.
CFI Trade regulation and security components:
- Regulated by the SCA in the UAE, the JSC in Jordan, the BDL in Lebanon, the FSA in Oman, the CBA in Azerbaijan, the FRA in Egypt, the PMCA in the Palestine Territories, the FCA in the UK, the CySEC in Cyprus, the FSA in Seychelles, the VFSC in Vanuatu, the FSC in Mauritius, and the FSCA in South Africa.
- Founded in 2005
- Segregation of client deposits from corporate funds
- Negative balance protection
- Investor compensation fund where required by the regulator
What would I like CFI Trade to add?
While I rank CFI Trade among the safest brokers, I would appreciate an investor compensation fund at all entities, not just where the regulator demands it. It could do so via the Hong Kong-based Financial Commission, which includes independent financial audits. CFI Trade could also offer a third-party insurance program.
Fees
I rank trading costs among the most defining aspects when evaluating a broker, as they directly impact profitability. CFI Trade offers two low-cost pricing environments: one commission-free and one commission-based alternative. The former has spreads from 0.4 pips or $4.00 per 1.0 standard round lot, and the latter has raw spreads from 0.0 pips for an undisclosed but volume-dependent commission.
CFI Trade does not levy internal deposit or withdrawal fees, but traders may face third-party processing costs, and currency conversion fees may apply. During my CFI Trade review, after eleven consecutive months of dormancy, an inactivity fee of $100 was due.
Average Trading Cost EUR/USD | 0.4 pips ($4.00) |
|---|---|
Average Trading Cost GBP/USD | 0.4 pips ($4.00) |
Average Trading Cost WTI Crude Oil | $0.026 |
Average Trading Cost Gold | $0.12 |
Average Trading Cost Bitcoin | Undisclosed |
Minimum Raw Spreads | 0.0 pips |
Minimum Standard Spreads | 0.4 pips |
Minimum Commission for Forex | Undisclosed, but volume-dependent |
Deposit Fee | |
Withdrawal Fee | |
Inactivity Fee | No |
Swap rates on leveraged overnight positions are the most ignored trading costs. Depending on the trading strategy, they may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs.
MT5 traders can access swap rates from their platform by following these steps:
1. Right-click the desired symbol in the Market Watch window and select Specification.
2. Scroll down until you see Swap Long and Swap Short.
CFI Trade offers a swap-free Islamic account for Muslim traders, where no swap rates on leveraged overnight positions apply. Additionally, traders can avoid swap rates by closing leveraged positions before the swap rate cut-off time, usually 17:00 EST.
Range of Assets
CFI Trade presents an excellent and well-balanced asset selection of 15,000+ trading instruments covering eight asset classes. It also caters to buy-and-hold investors with unleveraged stocks and ETFs and the ability to head with options.
CFI Trade covers the following sectors:
- Forex
- Cryptocurrencies
- Commodities
- Indices
- Equities (leveraged and unleveraged)
- ETFs (leveraged and unleveraged)
- Futures
- Options
Currency Pairs | |
|---|---|
Cryptocurrencies | |
Commodities | |
Crude Oil | |
Gold | |
Metals | |
Stocks | |
Stocks (non-CFDs) | |
Bonds | |
ETFs | |
Options | |
Futures | |
Synthetics |
CFI Trade Leverage
Maximum Retail Leverage | 1:500 |
Maximum Pro Leverage | 1:500 |
What should traders know about CFI Trade leverage?
- The maximum retail Forex leverage is 1:500.
- Not all assets within a class qualify for the maximum leverage.
- Negative balance protection ensures traders cannot lose more than their deposit.
- Traders should always use appropriate risk management with leveraged trading to avoid magnified trading losses.
Account Types
Traders can choose between a commission-free and a commission-based trading account. Both offer low trading fees, and the latter includes volume-based commissions. A demo account and a swap-free Islamic account are also available.
My observations concerning the CFI Trade accounts types are:
- No minimum deposit requirement
- Low trading fees
- Swap-free trading in the Islamic account
- Account base currencies include the USD, EUR, and GBP
- Maximum leverage of 1:500
- Negative balance protection
- A minimum transaction size of 0.1 lots
CFI Trade Demo Account
Demo trading does not grant exposure to real trading conditions and psychological pressures and can create unrealistic trading expectations. I want to caution beginner traders against using demo trading and expecting a full trading simulation with real money. Demo trading is good for education, practice, and familiarizing yourself with a platform and broker.
What stands out about the CFI Trade demo account?
- Fully customizable MT5 demo accounts
- The CFI Trade demo account has no time limit
- Convenient demo account management via the secure dashboard
- Traders can request a demo account via the CFI App
Trading Platforms
Algorithmic traders get the MT5 trading platform. Traders can upgrade MT5 via 10,000+ custom indicators, templates, and EAs, while CFI Trade offers integrated Trading Central services.
Social traders can connect their CFI Trade account to TradingView, where 50M+ peers engage in market discussions, share trading ideas, and deploy algorithmic scripts. CFI Trade also features an in-house mobile app and its CFI Multi-Asset platform for Forex, CFD, options, and equity trading.
MT4 | |
|---|---|
MT5 | |
MT4/MT5 Add-Ons | |
cTrader | |
Proprietary Platform | |
Automated Trading | |
Social/Copy Trading | |
DOM? | |
Guaranteed Stop Loss | |
Scalping | |
Hedging | |
One-Click Trading | |
OCO Orders | |
Interest on Margin |
Unique Features
During my CFI Trade review, the in-house AI trading assistant, Kaiana, powered by OpenAI and Trading Transparency+ to help traders improve their market approach, stood out.
Research & Education
CFI Trade offers actionable trading signals by Trading Central and analyst views published by TipRanks. It also features in-house curated daily technical reports and quarterly reports. Traders may also find trading ideas on the CFI Trade blog.
What about education at CFI Trade?
Education at CFI Trade consists of written content, webinars, and seminars. Trading Transparency+ magnifies the educational value at CFI Trade, and I recommend beginners start their education with the available resources.
Customer Support
Customer Support Methods |   |
|---|---|
Support Hours | 24/7 |
Website Languages |   |
Traders can contact customer support 24/7 via e-mail, phone, call back, and live chat. CFI Trade explains its products and services well, and I had no reason to contact them during my CFI Trade review. I recommend traders with questions browse the FAQ section before contacting live chat, which is the simplest method.
Bonuses and Promotions
During my CFI Trade review, the CFI Trade Reward program promised “exclusive access to money can’t buy experiences that reflect your ambitions and lifestyle,” which shows that CFI Trade understands its trader base. Interested traders can register their interest, and CFI Trade will inform them how to qualify.
Awards
CFI Trade lists dozens of industry awards. Three of the most recent ones are the UF Awards for Best CFD Broker MEA 2025, the UF Awards for Best Mobile Trading App MEA 2025, and the Gulf Business Game Changer Awards for MENA's Leading Broker 2024.
Opening an Account
The CFI Trade online application asks for a name, e-mail address, country of residence, phone number, and desired password. Clicking “Submit” completes the registration, and I appreciate the absence of data mining.
What should traders know about the CFI Trade account opening process?
- CFI Trade complies with global AML/KYC requirements.
- Account verification is mandatory
- Traders can verify accounts by uploading a copy of a government-issued ID and one proof of residency document.
- CFI Trade may ask for additional information on a case-by-case basis.
Minimum Deposit
CFI Trade does not have a minimum deposit requirement.
Payment Methods
Withdrawal options |     |
|---|---|
Deposit options | |
CFI Trade accepts bank wires, credit/debit cards, Apple Pay, Google Pay, and UAE PGS.
Accepted Countries
CFI Trade accepts clients resident in most countries. Its website lists residents of “USA, Sudan, Syria, Republic of Korea and other countries, as those listed to FATF and MONEYVAL recommendations” as ineligible to open an account.
Deposits and Withdrawals
The secure CFI Trade client portal handles financial transactions for verified clients.
What are the key takeaways from the deposit and withdrawal process at CFI Trade?
- No internal deposit or withdrawal fees exist.
- CFI Trade has no minimum or maximum deposit or withdrawal requirements.
- Third-party payment processing costs and currency conversion fees may apply.
- Deposit currencies include the USD, EUR, and GBP.
- CFI Trade processes withdrawals within 30 minutes during regular business hours.
- A withdrawal hierarchy exists, meaning that traders must withdraw the deposit amount to the payment processor used for the deposit and the remaining balance via bank wire.
- The name on the payment processor and CFI Trade trading account must match, in compliance with AML regulations.
- Payment processor availability depends on the geographic location of traders.
Is CFI Trade a good broker?
I like the trading environment at CFI Trade for its competitive fees and excellent asset selection. Trading tools by Trading Central and TipRanks add value. The in-house AI trading assistant, Kaiana, powered by OpenAI, stands out, and beginners get quality education, including the in-house Trading Transparency+ service. CFI Trade has 13 regulatory licenses, seven in Arab countries, and an excellent track record spanning 20+ years. Therefore, I rank CFI Trade among the best Forex brokers. CFI Trade is a multi-asset broker headquartered in Dubai. The CFI Trade maximum leverage is 1:500. CFI Trade has no minimum deposit requirement. Hesham Mansour and Eduardo Fakhoury founded CFI Trade and continue to own the broker.FAQs
What is CFI Trade?
What is the maximum leverage at CFI?
What is the minimum deposit for CFI Trade?
Who is the owner of CFI Trade?
