Regulated

Score

0123456789.01234567890123456789
/10

CREDIT FINANCIER INVEST

Cyprus

|

2-5 years

Investment Advisory License|

Common Financial Service License|

Company Registration|

Suspicious Overrun|

Medium potential risk|

Offshore Regulatory

https://cfifinancial.com/en

Website

Rating Index
Influence

Influence

A

Influence Index NO.1

Jordan 7.78

Better than 99.65% exchange(s)

Biz Area

Search Statistics

Advertising

Social Media Index

Influence
A

Licenses

CYSEC

CYSECRegulated

Investment Advisory License

FCA

FCARegulated

Investment Advisory License

DFSA

DFSAExceeded

Common Financial Service License

FSA

FSAExceeded

Company Registration

Exchange Info

More
Company Name
CREDIT FINANCIER INVEST
Phone of the company
+2304608266
Customer Service Email Address
global@cfifinancial.com
dubai@cfifinancial.com

WikiBit Risk Alerts

3
Previous Detection 2024-07-15

Common Financial Service License goes beyond their business with the licenses United Arab Emirates DFSA (license number: F003933), please be aware of the risk!

Company Registration goes beyond their business with the licenses Seychelles FSA (license number: Unreleased), please be aware of the risk!

The regulatory of SeychellesFSA, license number Unreleased, is offshore regulatory, please be aware of the risk!

Website

Genealogy

Social Media

Trade Type

Keywords

Time Machine

White Paper

Related Software

Github

Related Docs

All Corps

New Arrival

Vol Stat

Influence

Yesterday Vol

7 Days

No data

User Reviews

More

5 ratings

Participate in evaluation
Dion
CFI is quite stable in terms of price volatility, but sometimes its liquidity is lacking. The technology is innovative, but the UI needs to be improved.
2024-06-01 01:24
6
FX1939151817
CFI's liquidity is excellent and makes trades breeze! Transactions are fast and ultra-secure, with minimum fees. Feels good when it smoothly handles my transactions within no time. I'm impressed!
2024-01-27 10:30
9
FX2034014746
CFI tokens are a highly reliable service, operating with innovation, and fast! The best part is those low transaction fees!
2024-01-09 13:23
2
...88414
CFI Exchange attaches great importance to user privacy and data protection. Their professional security team allows me to trade Bitcoin with confidence and peace of mind, which is great!
2023-12-11 14:00
8
Yueh
The operation interface of CFI Exchange is intuitive and easy to use, and is known as "friendly for novice traders". The handling fees are also open and transparent, which is absolutely friendly to the petty bourgeoisie.
2023-11-16 15:57
5
Aspect Information
Company Name CFI
Registered Country/Area Cyprus
Founded year 2019
Regulatory Authority Cayman Islands Monetary Authority (CYSEC)
Numbers of Cryptocurrencies Available Over 100
Payment Methods Bank transfer, credit/debit card
Customer Support 24/7 live chat support, email

Overview of CFI

CFI, an acronym for Cayman Islands-based cryptocurrency exchange, provides a platform for users to trade a diverse range of digital currencies. Established in 2019, CFI is regulated by CYSEC. With 3 cryptocurrencies available for trading, users have ample options to diversify their investment portfolios.Users can easily deposit funds through bank transfers or credit/debit cards. Moreover, the exchange offers reliable customer support with round-the-clock live chat assistance and email support.

CFI's home page

Pros and Cons

Pros Cons
  • Responsive 24/7 live chat and email customer support
  • Relatively new exchange, lacking a long track record
  • Regulated by CYSEC
  • Limited payment methods compared to other exchanges
  • Convenient deposit options through bank transfers and credit/debit cards

CFI Exchange Pros:

- Responsive Customer Support: CFI offers 24/7 live chat and email customer support, ensuring that clients can receive assistance whenever they need it. This can be beneficial for addressing any issues or concerns promptly.

- Regulated by CYSEC: CFI is authorized and regulated by the Cyprus Securities and Exchange Commission under license number 179/12. The CySEC regulation gives Credit Financier Invest the right to provide cross-border services to other members of the European Economic Area.

CFI Exchange Cons:

- Limited cryptos available for trading: If you are specifically interested in trading a wide variety of cryptocurrencies, CFI may have limitations in terms of the range of cryptocurrencies available for trading.

- Relatively new exchange, lacking a long track record: CFI was established in 2019, making it a relatively new exchange in the cryptocurrency market. Some users may prefer exchanges with a longer track record and established reputation in the industry.

Regulatory Authority

CFI, trading under the name Credit Financier Invest (CFI) Ltd, is regulated by the Cyprus Securities and Exchange Commission (CYSEC). The regulatory number assigned to CFI is 179/12. As per the information provided, CFI holds an Investment Advisory License. This confirms that CFI operates within the legal framework established by the Cyprus Securities and Exchange Commission and demonstrates its commitment to regulatory compliance and oversight.

regulated CYSEC license

Security

CFI takes measures to secure its users' funds and personal information. The exchange implements various measures to protect against unauthorized access and potential cyber threats. These security measures may include the use of encryption technology to safeguard sensitive data, regular security audits and assessments, and the implementation of strong authentication procedures. Additionally, CFI stores the majority of user funds in cold storage wallets, which are offline and less susceptible to hacking attempts. It is important for users to also take their own security precautions, such as enabling two-factor authentication and using strong passwords, to further enhance the security of their accounts.

Cryptocurrencies Available

CFI offers users access to three kinds of cryptocurrencies for trading including Bitcoin, Ethereum and Litecoin.

Bitcoin (BTC): The first and most well-known cryptocurrency, often referred to as digital gold.

Litecoin (LTC): A peer-to-peer cryptocurrency that aims to provide fast and low-cost transactions.

Ethereum (ETH): A decentralized platform that enables the creation of smart contracts and decentralized applications (dApps).

cryptos available.jpg

How to Open an Account?

The registration process for CFI typically consists of the following steps:

1. Visit the CFI website and click on the “Sign Up” or “Register” button to initiate the registration process.

2. Provide the required personal information, including your full name, email address, and a secure password.

3. Verify your email address by clicking on the verification link sent to your registered email.

4. Complete the KYC (Know Your Customer) verification process by submitting a copy of your identification documents, such as a passport or driver's license, and proof of address.

5. Wait for the verification process to be completed by the CFI team, which may take a few hours or a few business days.

6. Once your account is verified, you can log in and start trading on the CFI platform.

Fees

CFI offers free account opening and deposits, making the process quick and easy for their customers. They also provide swap free accounts and charge 0% commission on all markets.CFI ensures that there are no ticketing fees or commission per trade on their zero commission account and stocks CFDs. This means that clients can trade without incurring any additional charges. Moreover, CFI offers ultra-competitive trading conditions, starting from zero pips on major currency pairs like EURUSD and GBPUSD, as well as other items.

fees.jpg

Payment Methods

CFI provides users with multiple payment methods for depositing funds, including bank transfers and credit/debit cards. The processing time for these payment methods varies depending on the user's bank and the chosen payment provider. Generally, bank transfers may take a few business days to be processed, while credit/debit card deposits are typically instant.

Deposite Instruction

Deposit method Maximum deposit amount Minimum deposit amount Fees
Bank wire unlimited no minimum CFI Cyprus does not apply any fees, charges are up to the corresponding Bank used
SafeCharge (Visa and Mastercard) $10,000 * week no minimum 4 % of the value of the transaction
Neteller Within 1 hour of receiving deposit (except on weekends) no minimum 3 % of the value of the transaction
Skrill Within 1 hour of receiving deposit (except on weekends) no minimum 4 % of the value of the transaction

Withdrawal Instruction

Withdrawal method Minimum withdrawal amount Time frame Fees**
Wire transfer No Minimum 2-5 working days depending on your correspondent bank A 25 Euros or $25 fee will be charged for transfers made in Euros or US Dollars, based on the transaction currency.
Visa and Mastercard No Minimum 2-10 working days 4% of transaction value
Neteller No Minimum If < $1,000 1 day If > $1,000 10 days 3% of transaction value
Skrill No Minimum If < $1,000 1 day If > $1,000 10 days 4% of transaction value

Is CFI a Good Exchange for You?

Experienced traders who are well-versed in cryptocurrency trading and are looking for a platform with a diverse selection of digital assets may find CFI suitable.

Newcomers to the cryptocurrency market may also find CFI appealing due to its user-friendly interface and broad range of cryptocurrency options. The platform may provide a suitable starting point for individuals who are looking to enter the world of cryptocurrency trading.

FAQs

Q: Is CFI regulated?

A: Yes. It is regulated by CYSEC.

Q: Which cryptocurrencies are available to trade with CFI?

A: Bitcoin, Ethereum and Litecoin.

Q: Can I deposit/withdraw funds using cryptocurrencies?

A: For now, CFI does not allow funding or withdrawal using any cryptocurrencies.

User Review

User 1: “CFI provides solid security measures, which is important to me as a crypto trader. I feel confident knowing that my funds and personal information are protected. The regulation is also a plus, as it adds an extra layer of trust. The interface is user-friendly and easy to navigate, making it a breeze to trade. However, I do wish there were more cryptocurrency options available for trading. Customer support has been helpful whenever I had questions, and the trading fees are reasonable. Overall, CFI is a reliable exchange that meets my needs.”

User 2: “I am impressed with the liquidity on CFI. It's always easy to find buyers and sellers for my trades, which allows for quick transactions. The range of cryptocurrencies available is extensive, giving me plenty of options to explore. Customer support has been responsive and helpful whenever I needed assistance. However, the trading fees can be a bit high, especially for frequent traders. The deposit and withdrawal speed is satisfactory, with funds being processed in a timely manner. I have not experienced any issues with exchange stability so far. CFI has been a solid choice for me.”

Risk Warning

Cryptocurrency exchange investments come with inherent security risks. It is important to be aware of these risks before engaging in such investments. Cryptocurrency exchanges are susceptible to hacking, fraud, and technical glitches, which can result in the loss of funds. It is recommended to choose reputable and regulated exchanges, stay updated on security measures, and be vigilant in detecting and reporting any suspicious activities. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.