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CF Merchants

Saint Vincent and the Grenadines|5-10 years|
Suspicious Regulatory License|MT4/5 full license|Regional Brokers|High potential risk|

https://www.cfmerchants.com/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

CFMerchants-Demo

Netherlands
MT4
2

Influence

C

Influence index NO.1

France 3.51

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
CFMerchants-Demo MT4
Server Location Netherlands

Influence

Influence

C

Influence index NO.1

France 3.51

Surpassed 51.36% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+971 56 942 0323
info@cfmerchants.com
https://www.cfmerchants.com/
Suite 305, Griffith Corporate Center, P. O. Box 1510, Beachmont, Kingstown, Saint Vincent and the Grenadines

Licenses

No valid regulatory information, please be aware of the risk!

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

Single Core

1G

40G

Open Now

Contact number

English

+971 56 942 0323

English

+44 7862 068336

Broker Information

More

Company Name

CF Merchants Limited

Company Abbreviation

CF Merchants

Platform registered country and region

Saint Vincent and the Grenadines

Company website
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Instagram
Linkedin

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-02-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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CF Merchants · Company Summary

Basic Information
Registered Countries Saint Vincent and the Grenadines
Regulation No License
Minimum Deposit $50
Maximum Leverage 1:1000
Minimum Spread From 0.0 pips
Trading Platform MT4 trading platform
Trading Assets Forex, Commodities, CFDs, Indices, Cryptocurrencies
Payment Methods Bank Wire, Skrill, Neteller, Perfect Money, Bitcoin, Ethereum, Ripple, Tether
Customer Support Email, Telephone, Online Chat

General Information

CF Merchants is an offshore broker registered in the Saint Vincent and the Grenadines, providing access to a series of trading instruments, Forex, Commodities, CFDs, Indices, Cryptocurrencies. With the CF Merchants platform, investors are given the flexibility of choosing from three types of trading accounts, ECN, Prime and Pro accounts, with the minimum deposit to open an account starting at $250.

CF Merchants is said to be the trading name of Commodity and Forex Merchants Limited, a company registered in Saint Vincent and the Grenadines, and this company is not regulated by any regulatory authority to operate legally. Thats why WikiFX has given it a very low score of 1.89/10. Please be aware of the risk, for unregulated brokers would appropriate client funds arbitrarily.

wikifx-score

Market Instruments

Clients are provided the access to five classes of trading instruments covering Forex, Commodities, CFDs, Indices, and Cryptocurrency.

Account Types

Pro accounts, Prime accounts and ECN accounts are available options for both retail and professional clients. The minimum deposit amount specifies the account type, with the Pro account from $50, the Prime account from $500, the ECN account from $5,000.

Margin Call: 75%, Stop Out: 30%, Scalping & Hedging both allowed.

Minimum Lot Size: 0.01 lot, Maximum Open Order: 200 lots.

account-types

Spreads & Commissions

Trading accounts set spreads and commissions. The Pro and Prime accounts offer a zero-commission trading environment, with spreads starting at 1.6 pips and 1.0 pips, respectively. The ECN accounts offers raw spreads, accompanied by an additional commission of $7 per lot.

Leverage

When it comes to leverage, CF Merchants provides its customers with access to 1:1000, which is significantly greater than the levels regarded appropriate by many regulators, with the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.

However, since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.

Trading Platform

When it comes to trading platform, clients are provided access to the industry leading Metatrader 4 trading platform. CF Merchants trading software allows you not to execute transactions in the forex market, but also to obtain market quotes in terms of basic currency pairs, metals, commodities and also worldwide stock indexes, and company news and overviews.

Payment Methods

The minimum deposit is $50, and clients can make a deposit and withdrawal through Bank Wire, Skrill, Neteller, Perfect Money, Bitcoin, Ethereum, Ripple, Tether.

The minimum withdrawal amout is $50 through Bank Wire, $20 through other withdrawal options. CF Merchants claims that it does not charge any fees for deposits or withdrawals.

payment-methods

Customer Support

Clients who have any inquiry can get in touch with CF Merchant through multiple contact channels, and here are some contact details:

Online Chat

Whatsapp: +44 7862 068336

Email: info@cfmerchants.com, support@cfmerchants.com

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Pros & Cons

Pros Cons
Three types of trading accounts available No regulation
MT4 trading platform available Demo accounts unavailable
Low minimum deposits for Pro accounts
Islamic Accounts available

Frequently Asked Questions

What trading instruments can I trade with on CF Merchant

CF Merchant offers access to Forex, Commodities, CFDs, Indices, Cryptocurrencies

What is the minimum deposit required by CF Merchant

The minimum deposit required by CF Merchant is $50.

What is the maximum leverage available?

The maximum trading leverage that is available on the CF Merchant platform is up to 1:100.

Does CF Merchant offer Islamic trading accounts?

Yes, Islamic trading accounts are available for clients.

User Reviews

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4

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FX1247126402
more than one year
CF Merchants advertises a 50% bonus offer, which makes me very excited. But my friend warned me that many scam companies will use these methods to attract users, but these bonuses will never reach the user's wallet.
2023-02-20 15:36
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0
0
iklimcimm
more than one year
Receiving money is as fast as sending money. experts throw news and signals i just win
2023-01-17 04:36
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0
0
FX1167949839
more than one year
The worst service ever! I created an account and made some money. When trying to withdraw them there is absolutely no help or contact possibilities at all.
2022-12-13 15:49
Reply
0
0
不过其实
more than one year
If you dare put your trust on them, you’re so gonna lose all your money. Spreads were not that tight as they advertised, they can change that as they want… They didn’t let you withdraw money…
2022-12-09 12:28
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0
0
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