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CFH Clearing

United Kingdom|5-10 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://www.cfh.global/

Website

Rating Index

Influence

Influence

D

Influence index NO.1

Cyprus 2.70

Surpassed 70.54% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+44 (0) 203 4558 750
cs@cfhclearing.com
https://www.cfh.global/
https://twitter.com/CFHClearing

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+44 (0) 203 4558 750

Broker Information

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Company Name

CFH Clearing Limited

Company Abbreviation

CFH Clearing

Platform registered country and region

United Kingdom

Company website
Twitter

Pyramid scheme complaint

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Warning: Low score, please stay away! 4
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

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CFH Clearing · Company Summary

Note: CFH Clearings official site - http://www.cfhclearing.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Risk Warning

Online trading involves significant risk, and you may lose all of 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 in this article is for general information purposes only.

General Information

CFH Clearing Review Summary in 10 Points
Founded 2008
Registered Country/Region United Kingdom
Regulation FCA
Market Instruments currency pairs, indices, energy, stocks, and cryptocurrencies
Demo Account N/A
Leverage 1:100
EUR/USD Spread N/A
Trading Platforms ClearPro, ClearWeb, Tradable, NetStation, MT4 & MT5, ActTrader, Vertex and FIX Protocol
Minimum deposit $100
Customer Support Phone, email

What is CFH Clearing?

CFH Clearing was founded in 2008 and has now officially become part of the Finalto brand. It is a Forex broker that operates as a liquidity provider and offers trading services to institutional clients and professional traders. The company is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom, under license number 481853. CFH Clearing specializes in providing access to a wide range of financial instruments, including currency pairs, precious metals, base metals, indices, energy, single stocks, and cryptocurrencies. They aim to provide competitive pricing, reliable execution, and advanced trading technology to their clients.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Pros & Cons
CFH Clearing Pros CFH Clearing Cons
• Regulated by the Financial Conduct Authority (FCA) • Website is currently down
• Offers a wide range of market instruments • Limited account options with only a Standard account available
• Advanced trading platforms including MT4, MT5, and ClearPro

CFH Clearing Alternative Brokers

    There are many alternative brokers to CFH Clearing depending on the specific needs and preferences of the trader. Some popular options include:

    • LiteForex - a reputable broker with a wide range of trading instruments and platforms.

    • FxPrimus - a reliable broker offering competitive spreads, excellent customer support, and a wide range of trading tools.

    • ThinkMarkets - a trusted broker with competitive pricing, a user-friendly platform, and a diverse range of trading instruments.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is CFH Clearing Safe or Scam?

CFH Clearing's website is down and the company appears to be out of business, it raises concerns about the current status and reliability of their operations. However, since CFH Clearing is authorized and regulated by the Financial Conduct Authority (FCA) under license number is 481853, it implies that they were operating under the supervision of a reputable regulatory body at some point. It is essential to note that the situation could have changed, and it is advisable to exercise caution and seek alternative regulated brokers for your trading activities.

Market Instruments

CFH Clearing provides a diverse range of market instruments for traders. They offer approximately 80 currency pairs, allowing clients to access major, minor, and exotic forex pairs. In addition to forex, CFH Clearing offers 16 precious metal products, including gold denominated in grams and ounces, enabling traders to participate in the precious metals market. Traders can also access a variety of base metals, such as aluminum, copper, nickel, lead, and zinc, providing opportunities in the industrial metals sector.

CFH Clearing extends its market coverage to include indices, energy commodities, single stocks, and cryptocurrencies, allowing clients to diversify their trading strategies and tap into emerging markets. With this wide range of instruments, CFH Clearing caters to the diverse needs and preferences of traders seeking exposure to various financial markets.

Accounts

CFH Clearing offers a single Standard trading account to its clients, providing a straightforward and accessible option for traders. The minimum deposit requirement for opening an account is set at $100, which makes it relatively affordable for traders of different levels of experience and capital. By offering a single account type, CFH Clearing simplifies the account selection process and ensures that all clients have access to the same trading conditions and features.

Leverage

CFH Clearing offers leverage up to 1:100 to its clients. While the leverage offered by CFH Clearing may not be as high as some other brokers in the industry, it still provides a reasonable level of leverage that can amplify trading opportunities. A leverage of 1:100 means that traders can potentially control positions that are up to 100 times their trading capital. This allows traders to increase their exposure to the market and potentially enhance their profits.

However, it is important to note that leverage also magnifies the risks involved in trading, as losses can be similarly amplified. Therefore, it is crucial for traders to exercise caution and implement proper risk management strategies when utilizing leverage.

Trading Platforms

CFH Clearing offers a diverse range of high-tech trading platforms to cater to the needs of different types of traders. The platforms include ClearPro, ClearWeb, Tradable, NetStation, MT4 & MT5, ActTrader, Vertex, and FIX Protocol.

ClearPro is designed to provide a simple and structured trading platform with lucrative trade opportunities.

ClearWeb offers the convenience of easy access from any PC or smart device without the need for software downloading.

Tradable is an open platform that allows third-party developers to build and deploy various trading applications within the platform, catering to the needs of demanding clients.

NetStation is a cloud-based trading platform that can be accessed from both PC and mobile devices, offering fully customizable workspaces and advanced alert functionality. The integration with the highest user-rated FX app enhances the overall trading experience.

MT4 & MT5 are popular and convenient platforms known for their robust features and comprehensive tools.

ActTrader enables traders to create, test, and run automated trading strategies.

Vertex is designed specifically for money managers, offering auto-trading programming and price alerts.

With this diverse range of trading platforms, CFH Clearing ensures that traders have access to cutting-edge technology and a wide range of tools to enhance their trading experience.

See the trading platform comparison table below:

Broker Trading Platforms
CFH Clearing ClearPro, ClearWeb, Tradable, NetStation, MT4 & MT5, ActTrader, Vertex, FIX Protocol
LiteForex MetaTrader 4, MetaTrader 5, WebTrader
FxPrimus MetaTrader 4, MetaTrader 5
ThinkMarkets MetaTrader 4, MetaTrader 5, Trade Interceptor

Deposits & Withdrawals

CFH Clearing provides multiple options for depositing and withdrawing funds from trading accounts. Traders can choose from Clearing Cheque, Wire transfer, and Credit/debit cards as their preferred methods.

Clearing Cheque offers a traditional and secure way to deposit funds by sending a physical cheque to the broker. Wire transfer allows for seamless transfer of funds between bank accounts, ensuring reliability and security. Credit/debit cards provide a convenient and widely accepted method for instant deposits.

CFH Clearing minimum deposit vs other brokers

CFH Clearing Most other
Minimum Deposit $100 $100

Customer Service

CFH Clearing provides customer support through phone: +44 (0) 203 4558 750 and email: info@cfhclearing.com, cs@cfhclearing.com, ensuring that traders can reach out for assistance with their inquiries or concerns. The availability of phone support allows for direct and immediate communication, enabling prompt resolution of issues. Email support offers a convenient option for non-urgent inquiries, allowing traders to communicate their questions or requests in writing.

Additionally, CFH Clearing maintains a presence on Twitter, providing another avenue for traders to stay updated with the latest news and announcements from the broker.

Pros Cons
• Phone & email support • No 24/7 customer support
• Social media presence (Twitter) • No live chat support

Note: These pros and cons are subjective and may vary depending on the individual's experience with CFH Clearings customer service.

Conclusion

Overall, CFH Clearing is a regulated Forex broker authorized by the Financial Conduct Authority (FCA), providing access to a wide range of market instruments and advanced trading platforms. However, the unavailability of their website and limited account options may raise concerns. Traders should exercise caution and conduct thorough research before considering CFH Clearing as their broker of choice.

Frequently Asked Questions (FAQs)

Q 1: Is CFH Clearing regulated?
A 1: Yes. It is regulated by Financial Conduct Authority (FCA, License No. 481853).
Q 2: Does CFH Clearing offer the industry leading MT4 & MT5?
A 2: Yes. It supports ClearPro, ClearWeb, Tradable, NetStation, MT4 & MT5, ActTrader, Vertex and FIX Protocol.
Q 3: What is the minimum deposit for CFH Clearing?
A 3: The minimum initial deposit to open an account is $100.
Q 4: Is CFH Clearing a good broker for beginners?
A 4: No. It is not a good choice for beginners. Though it is regulated, the website is unavailable currently.

User Reviews

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FX1037526929
more than one year
So far, I think CFH is a very good company! There is no such thing as a perfect company, after all, everyone's business habits are different, but I feel satisfied with the services CFH provides. One thing that I think is not so great is that the customer service is not timely.
2022-11-24 09:47
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云中飞龙
more than one year
I remember this broker has become “Finalto” now, and its original website cannot be accessed. I haven’t traded this broker before, having no idea how this company performs… Wait, I do see some negative reviews or complaints about this company, you can also check them out on website. Before investing with any financial companies, a deep research should be done for your safety of funds.
2022-11-21 10:25
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对方正在输入...45786
more than one year
???is the broker offshore?why i can’t access into their site?i remember that not long ago I could still access their website..why not now?the page went blank directly?so lucky for me that i didn’t put my money here
2022-11-17 09:42
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