CFX

Overview of CFX圆汇

CFX圆汇 is a globally leading financial technology service platform operating in China since around 2019. It offers a range of trading products through the MetaTrader 4 (MT4) platform, including Forex, precious metals, and crude oil.

Traders can choose from four account types with competitive leverage of up to 100:1. The broker emphasizes customer support and provides multiple educational resources and contact options.

However, the broker is suspected to be a fake clone, which means traders should pay attention to the potential investment risks.

Regulatory Status

The New Zealand FSPR regulation (license number: 476086) claimed by CFX is suspected to be a clone. It is suggested that traders should be cautious due to its current status.

Pros and Cons

CFX has several advantages, including providing a diverse range of tradable assets, comprehensive customer support, sufficient customer support, and high leverage. Additionally, the broker offers demo accounts where readers can practice trading strategies without risking real money.

However, the broker's poor regulatory compliance status poses risks for clients. Furthermore, the minimum deposit requirement is up to $100.

Market Instruments

CFX offers clients three types of assets and over 30 trading varieties for clients: Forex, precious metals and crude oil.

Forex trading refers to the practice of simultaneously buying one currency and selling another, with currencies typically traded in pairs. With access to a wide range of currency pairs, traders can maximize profits.

Precious metal investment includes physical buying and selling for profit or asset preservation, as well as leveraged electronic trading for potentially higher returns.

Crude oil enthusiasts can buy and sell based on international market price fluctuations to profit from the price difference, similar to gold investment. Spot crude oil trading is a widely used and highly regarded international trading method.

With such a wide range of products available, CFX caters to diverse trading preferences and offers ample opportunities for traders to explore and capitalize on various financial markets.

Account Types

CFX not only offers various real accounts but also provides demo accounts with a demo amount of $100,000, which is beginner-friendly.

It offers four types of trading accounts: Mini Account, Standard Account, Platinum Account, and Diamond Account. Each account provides different services, allowing traders to select the account type that aligns with their trading strategy and enjoy tailored customer service for an enhanced trading experience.

How to Join？

Join CFX is a straightforward process that can be completed in a few simple steps:

1. Registration: Visit the CFX website and click on the “Register” button. You will be directed to the registration page, where you need to provide some basic personal information, such as your name and phone number. Alternatively, you can choose a faster method and scan the QR code to log in.

2. Account Type Selection: Choose the type of trading account that best suits your trading preferences and decide whether you want to become a VIP to enjoy additional customer service benefits.

3. Deposit Funds: You can deposit funds into your account using the most secure payment methods offered by CFX, with a minimum deposit of 100 USD.

4. Start Trading: With your account funded, you can now access global markets and start your trading journey.

Leverage

Regardless of the chosen account type, traders at CFX can enjoy the advantage of leverage up to 100:1. This high leverage allows traders to control larger positions with a relatively smaller initial investment, amplifying potential profits.

Trading Platform

CFX has chosen MetaTrader 4 to streamline trading across different instruments, providing numerous benefits to clients.

The Yuanhui MT4 platform offers customizable charts, over 30 analysis tools, and EA automated trading support, alongside flexible lot sizes and mobile trading convenience. Additionally, it provides a diverse range of trading products with competitive spreads and fixed transaction costs, complemented by free daily market analysis and advanced tutorials authored by global analysts.

Traders can download Yuanhui MT4 in PC, mobile, and web versions

Deposit & Withdrawal

Customer funds in CFX are held in custody by ASB Bank and trading channels are protected by the U.S. SIPC, which means that operational capital is completely isolated from Yuanhui, guaranteeing safety. However, other information about deposit and withdrawal methods is not mentioned on the page.

Customer Support

CFX provides the best service to clients by resolving any issues and questions that arise as a matter of priority. Our professional support team is available via LiveChat or Email to assist you.

Email: Customers can contact CFX via email at info@circleforex.com or service@circleforex.com.

Live chat: Customers can get in touch whenever they need help, and we will answer their questions and address their problems 24/5.

Educational Resources

CFX offers three educational resources to assist traders in making informed decisions:

Daily Quotation: Our strategists provide daily market analysis, guiding investors with professional reviews, unique strategies, and accurate forecasts.

Thematic Analysis: Strategists launch special reports on currency pairs based on different hot topics, helping clients interpret market sentiment and safeguard their investments.

Economic Calendar: CFX provides daily updates on international major financial events and data indicators, enabling investors to stay informed about global economic trends and make well-informed investment decisions promptly.

Conclusion

In conclusion, CFX is a financial technology service platform with several advantages, including providing a diverse range of tradable assets, comprehensive customer support, sufficient customer support, and high leverage. Additionally, the broker offers demo accounts.

The broker is in poor regulatory compliance status, which poses risks for clients, and the minimum deposit requirement is up to $100. We recommend traders carefully consider these factors when choosing to trade with CFX and conduct thorough research to ensure a secure and informed trading experience.

FAQs

Q: What trading products does CFX offer？

A: CFX offers a range of trading products through the MetaTrader 4 (MT4) platform, including Forex, precious metals, and crude oil.

Q: What advantages does CFX offer？

A: CFX provides a diverse range of tradable assets, comprehensive customer support, and competitive leverage of up to 100:1.

Q: How does CFX ensure the safety of client funds？

A: CFX ensures the safety of client funds by operating with the backing of ASB Bank and maintaining regulatory compliance.