Credit Financier Invest (CFI) Ltd
Founded in 1998
Online since 2012
Central Bank of Lebanon
Following several requests from our valued readers at DayFunded, we have seized the opportunity to review one of the oldest players in the forex trading field: Credit Financier Invest (CFI) Ltd.
Established in 1998 and getting its online presence in 2012, CFI consolidates more than two decades of experience in the financial trading landscape. While it's regrettable that traders from the U.S. aren't permitted, we are talking about a globally accessible trading platform.
The minimum account size needed to begin trading is excitingly low to be exact, $1, which is particularly appealing to novice traders ready to dive into the thrills of the market without high initial capital.
Notably, CFI offers Managed Accounts, Virtual Private Servers (VPS), and Segregated Accounts. Managed accounts can be highly beneficial for individuals who lack experience or time to trade independently.
An offered VPS service also indicates CFI's appreciation of automated trading. With VPS, automated trading bots can function coherently without interruption, regardless of whether your device is turned off.
Moreover, segregated accounts mean that the trader's funds are stored separately from the broker's funds, adding an extra layer of security for traders.
As professionals, regulation is a critical factor we consider when examining brokers. We are pleased to report that CFI falls under the "Serious Regulation" tag, a reassuring aspect for traders wary of scam platforms.
Additionally, CFI flaunts a low spread, meaning the cost of trading on this platform is substantially reduced compared to other brokers with heftier spreads. This feature is a massive win for intraday or scalping traders who open numerous positions daily.
With CFI, traders can start with a minimum position size as low as 0.01, a great feature for new traders where they can start small and progressively augment their exposure and risk.
Regrettably, information on the maximum leverage offered by CFI cannot be identified from the details provided. Traders should be heedful of their use of leverage as, despite its advantage of multiplying profit potential, it also carries a risk of exacerbating losses.
On average, this broker enjoys favorable reviews. As with any broker, potential users should still carefully scrutinize whether it fits their trading priorities and style.
All things considered, Credit Financier Invest is a solid broker worth considering, particularly for traders seeking profound, experienced service. Its low minimum account size could be a valuable stepping stone for those beginning their trading journey. Promising features, combined with a strong regulatory status and low spread, make it a worthwhile option, but as always, traders should conduct their due diligence to ensure it matches their needs.
Author: DayFunded Professional Trading Broker Reviewer
Credit Financier Invest has competitive spreads and a good trading platform. However, their customer service could be better.
MariaG
Rome, Italy
Credit Financier Invest provides good charting tools, but the spreads can be high at times. Still, a decent broker to work with.
ThomasH
Toronto, Canada