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Contract reading

What CFI legally published, but does not want you to read

Every clause below is published by CFI itself, on its own website, today. The finding is not that the text exists. It is the distance between what a client is shown and what a client agreed to. Read from its own documents on .

Contracting entity: Credit Financier Invest (CFI) Ltd

hidden feesole discretionmarketing claimwithdrawalscounterpartyprofit voidingspreadaccount freezeactivity feeassignment

CFI's Cyprus company can cancel profits from trades it calls abusive and keep profit that came from its own errors. You get two working days to challenge a trade. Its crypto terms let it pass its own hacking losses on to you. Card and Skrill deposits cost 4%, and the 'no hidden fees' page leaves out a $100 yearly inactivity fee.

Back to CFI

Contract risk

Money at risk
6.5/10

Where this contract sitsHow far this contract goes, overall. Under 2 is nothing beyond the ordinary; 6 to 9 means several clauses put money you have already earned at risk; 9 and above reads as designed to make payout refusable.

0510
CriticalClauses that can cost you money you have already earned or deposited, or that remove your ability to challenge it.
4
FlaggedEvery clause worth knowing about, at all three severities. Ordinary terms that every broker has are not counted.
19
DocumentsHow many of the broker's own legal files this reading is based on. Each one was downloaded and hashed on the date shown.
38
ContradictionsPlaces where a promise the broker makes in public is not kept by the clause that governs it.
7

How the 19 break downThe same flagged clauses, split by how much each one can cost you. Severity is our reading of the clause, not the broker's label.

Critical4
Warning11
Notice4

section 202 of 209is where the deepest clause sits, 97% of the way into the document it is in

The numbers in this contractFigures taken from this broker's own clauses, so the labels differ from broker to broker. The four in the panel above are the same on every report.

1 of these 4 figures comes from a clause we rate critical, which means it can take your money or your profit rather than only delay it.

Critical2 working daysTime to complain. Jump to the clause this comes from.Two working days to challenge a trade50%Account limit. Jump to the clause this comes from.At 50% margin, CFI hedges your trades instead of closing them4%Fee you were not shown. Jump to the clause this comes from.Card and Skrill deposits cost 4%$100Fee on an unused account. Jump to the clause this comes from.$100 a year after eleven months without a trade

What the documents say

19 clauses worth knowing about, worst first, each quoted from CFI's own files

01

CFI can cancel profits on trades it decides were abusive. The execution policy calls scalping, opening and closing orders for an arbitrarily short period, abusive, and lets CFI return only your deposits.

Why this matters

A run of quick, profitable trades can end with the profit gone and only your deposit returned. No clause says how short is too short, and the same policy also says CFI allows scalping.

Exhibit 1CriticalHarder than usual

Scalping Trading (opening and closing orders for an arbitrarily short period of time)
Clause 5.4 in Order Execution Policy, p.9
Read from the broker's site on Open the reference
  • Worse together with Exhibit 2CFI can reverse a trade at any time, while you have only two working days to ask for a trade to be checked.
02

You have two working days to ask CFI to audit a trade, and after that its dealing desk can decline your complaint. A daily statement you do not dispute within 24 hours counts as confirmed by you.

Why this matters

Miss the window and CFI can refuse to look at the trade at all. CFI also says you have no right to request the platform journal, the record that would show what happened.

Exhibit 2CriticalHarder than usual2 working days

The Client is eligible to request an auditing process and or request a clarification for his auditing trades within a maximum of 2 working days. If the said time frame is exceeded the dealing or brokerage department are entitled to decline the client complaint or not to proceed accordingly.
Clause 6.4 in Terms and Conditions, p.21
Read from the broker's site on Open the reference
Set against a regulated standard: CySEC (Cyprus)

Firms licensed by CySEC must handle complaints under a written procedure and point retail clients to the Financial Ombudsman. CFI's complaint procedure does that, but its client agreement lets the dealing desk turn away a trade query after two working days.

CFI is not licensed by this regulator, so this is a comparison of practice, not a finding of any breach.

What happens, and when

The stages this clause runs through, taken from the broker's own document
TriggerWhat the broker may then doClause
Within 24 hours of a statementReport an incorrect daily statement, or CFI treats it as confirmed by you.11.5
Within 2 working daysAsk for a trade audit; after that CFI's dealing desk may decline the complaint.6.4
03

If hackers, malware or glitches hit CFI's crypto hedges at its liquidity providers, its risk disclosure says CFI will pass those losses on to you. The same section lets CFI switch crypto CFDs to Closing Only without a reason, citing the risk limits of a different firm, ADSS.

In plain words

Negative balance protection is a limit that stops you owing more than you put in. Without it, one fast market move can leave you owing the broker money on top of your deposit.

Liquidity providers are outside banks and brokers.

Why this matters

Your balance can shrink because of a problem between CFI and its own counterparties, not because of any trade you made. Negative balance protection, which stops a retail account going into debt, still caps the damage at your balance.

Exhibit 4CriticalRarely seen

CFI will pass on to its clients any losses that it occurs from hackers, malware and operational glitches impacting CFI hedging with liquidity providers.
Quoted in Risk Disclaimer Policy, p.6
Read from the broker's site on Open the reference

Where it sits: section 19 of 46 in the Risk Disclaimer Policy, 41% of the way through.

Set against a regulated standard: ESMA (EU), CySEC (Cyprus)

Under the ESMA and CySEC product intervention rules, a retail client's CFD losses are capped at the funds in the CFD account. This clause still lets CFI take its own hedging losses out of those funds.

CFI is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

04

If CFI fills an order in error and you profit, its terms say that profit is for the benefit of CFI, at CFI's discretion. Its execution policy also lets CFI change trades later, even after they show as confirmed in your account.

Why this matters

CFI can take back a balance you saw as profit, with no deadline, while your own window to query a trade closes within days. The sentence on losses from CFI's errors stops midway and never says who pays them.

Exhibit 3CriticalHarder than usual

In the event that any profit derives from the error of the Company such profit shall at the discretion of the Company be for the benefit of the Company.
Clause 10.2 in Terms and Conditions, p.29
Read from the broker's site on Open the reference
  • Worse together with Exhibit 2CFI can change a confirmed trade with no time limit, while you must query a trade within two working days.
05

Your margin level is your equity as a share of the margin your open trades use. When it falls to 50% on a retail account, CFI's platform opens new opposite trades to hedge your positions instead of closing them.

Why this matters

A hedge locks in the loss but keeps both sides open, so overnight charges keep running and CFI decides when it ends. You must also keep your margin level at 100% on Fridays and holidays, and CFI can close hedges after two weeks.

Exhibit 5WarningRarely seen50%

In this respect, the platform starts to hedge the open positions by open new trades automatically if the margin level reaches the 50% for retails categorization or 10% for professional’s categorization.
Clause 5.10 in Terms and Conditions, p.11
Read from the broker's site on Open the reference
Set against a regulated standard: ESMA (EU), CySEC (Cyprus)

Under the ESMA and CySEC product intervention rules, a CFD provider must close one or more of a retail client's positions when the account's funds fall to 50% of the initial margin. CFI's own summary of those rules lists the close-out rule, then says open positions will be hedged automatically at 50%.

CFI is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

What happens, and when

The stages this clause runs through, taken from the broker's own document
TriggerWhat the broker may then doClause
Fridays and holidaysKeep your margin level at 100% by funding the account or closing positions.5.10
Margin level 50% (retail)The platform opens new trades to hedge your open positions.5.10
Hedged for over two weeksCFI may close the hedged positions at its discretion.32
Equity approaching zeroCFI may close hedged positions at any time.32
  • Worse together with Exhibit 16The company on the other side of your trades is also the one that opens the hedge and decides when to close it.
06

CFI's deposits page charges you 4% on card and Skrill deposits, and 4% again on Skrill withdrawals. Its FAQ still says CFI does not charge fees for most deposit methods, though two of its three methods carry the fee.

Why this matters

Paying in by card loses 4% before you trade. Profits cannot go back to a card, so CFI's FAQ points them to bank wire, which costs $25 a time.

Exhibit 7WarningHarder than usual4%

4% of transaction value
Quoted in Deposits & Withdrawals
Read from the broker's site on Open the reference
Our own capture of cfi.trade, taken on Nov 2, 2026The claim, on FAQ on the Cyprus site (the page says it relates to CFI Financial Group Holding Ltd), answer on deposit feesThis capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file
Our own capture of cfi.trade, taken on Nov 2, 2026What the contract saysVisit this page on the broker's siteDownload the full size image file
Our own capture of cfi.trade, taken on Nov 2, 2026Card and Skrill deposits cost 4%This capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file
  • Worse together with Exhibit 12Profits must leave by bank wire, which costs $25 each time and can take up to five banking days under the contract.

CFI's pages promise tighter spreads and better fills than its documents

1.6 pips is the minimum EUR/USD spread in Credit Financier Invest (CFI) Ltd's cost schedule for its Zero Commission account, advertised at 0.6 to 1.5. Its FAQ says pending orders typically fill at the price a client sets, but the client agreement says limit orders fill at the best available price. The site also promises no minimum deposit, against a $100 minimum in the contract.

Claims versus contract3 clauses flagged

The Zero Commission page advertises a EUR/USD spread, the gap between buy and sell prices, of 0.6 to 1.5 pips. CFI's own cost schedule lists 1.6 pips as the minimum spread you face on that account, above the whole advertised range.

Why this matters

On this account the spread is your main trading cost, so the page understates it. CFI's execution policy also says it adds markups on Zero Commission groups where the chart reflects the raw spread.

Exhibit 9WarningHarder than usual

EURUSD Euro vs.Dollar 100000 1.6 0 1% 0.01 50
Quoted in Costs and Charges (CFDs), p.5
Downloaded from the broker's site on Open the reference

A limit order should trade only at your price or better, yet CFI's definitions say every limit order fills at the best available price. Its FAQ tells you pending orders typically fill at the price you set in normal markets.

Why this matters

When an order triggers, CFI sends it on as a market order, so you can be filled beyond your limit. CFI's execution report says it treats all orders as market orders that can fill significantly away from a pending order's price.

Exhibit 11WarningHarder than usual

it is important to highlight that all limit orders placed on the trading platform are executed at the best available price and not at the requested price.
Clause 6.1 in Terms and Conditions, p.14
Read from the broker's site on Open the reference

CFI's deposits and account pages tell you there is no minimum deposit. Clause 15.6 of the client agreement sets a minimum of $100 for USD accounts and €100 for EUR accounts.

Why this matters

Under its own contract CFI could turn down a smaller first deposit. The share trading terms, by contrast, say there is no minimum deposit.

Exhibit 18Notice$100

The minimum deposit accepted by the company is $100 (one hundred US Dollars) for USD Trading Account and EUR100 (one hundred EUR) for EUR Trading Account.
Clause 15.6 in Terms and Conditions, p.32
Read from the broker's site on Open the reference
Our own capture of cfi.trade, taken on Nov 2, 2026The claim, on Deposits & Withdrawals page, FAQ sectionThis capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file

Deposits cost 4% and several charges carry no figure

4% is the fee Credit Financier Invest (CFI) Ltd lists for card and Skrill deposits, while its FAQ says most deposit methods are free. Its client agreement adds carry costs with no rate, extra markups on larger trades and $10 per round lot for some phone or email orders. Share accounts face a $10 monthly activity minimum after the first year.

Cost disclosure2 clauses flagged

CFI can start carry costs on your open positions if it judges your account not active enough to be worth handling, after one week's notice. The contract gives no rate for them, nor for the extra markup CFI may add on larger trades.

Why this matters

You cannot work out the full cost of holding a position from the fee pages, because these charges have no figure until CFI applies them. Orders cancelled or placed by phone, fax or email also cost $10 per round lot. CFI's execution policy limits carry costs to futures; the client agreement does not.

Exhibit 8WarningHarder than usual

Other than the overnight swap charges, CFI may charge additional Carry Costs on open positions for accounts which CFI will judge are not generating sufficient activity to validate economically to CFI to handle such accounts.
Clause 6.1 in Terms and Conditions, p.14
Read from the broker's site on Open the reference
Set against a regulated standard: CySEC (Cyprus), FCA (UK)

Firms licensed by CySEC or the FCA must give retail clients the costs and associated charges of a service before they trade. The carry cost clause names a charge but gives no rate, only a week's notice before it starts.

CFI is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

CFI's share trading terms top your monthly commissions up to $10, with the first 12 months waived. CFI also keeps all interest earned on clients' cash and lists market data at $10 a month.

Why this matters

The fees page quotes only $0.005 a share with a $1 minimum, so a light investor pays far more than the page suggests. CFI's CFD cost schedule even quotes 5 cents a share, ten times the share terms.

Exhibit 10WarningHarder than usual$10

If monthly commissions are lower than USD 10. Standard activity Fee = USD 10 - generated commissions
Clause Appendix I in Share/Option/Bonds Trading Terms and Conditions, p.29
Read from the broker's site on Open the reference

Buried at section 202 of 209 in the Share/Option/Bonds Trading Terms and Conditions, 97% of the way through.

Withdrawals: five banking days on paper, two in the FAQ

5 banking days is what Credit Financier Invest (CFI) Ltd's client agreement allows for a money transfer after a withdrawal request. Its FAQ says bank transfer withdrawals take up to two working days. Withdrawals must use the deposit method, and a frozen bank account freezes the client's funds at CFI too.

Exit conditions1 clause flagged

CFI's client agreement allows five banking days for a money transfer after it receives your request. Its FAQ says bank transfer withdrawals take up to two working days, and clause 15.9 promises same-day processing.

Why this matters

Plan on the contract's five banking days, not the FAQ's two. The contract also says if your bank account is frozen for any reason, your funds at CFI are frozen too, with no responsibility on CFI.

Exhibit 12WarningStandard wording5 working days

Money transfer requires 5 (five) banking days after receiving the transfer request instructions from the Client.
Clause 15.3 in Terms and Conditions, p.32
Read from the broker's site on Open the reference

CFI hedges at stop-out and can change leverage without notice

At a 50% margin level, Credit Financier Invest (CFI) Ltd opens hedging trades on a retail account instead of closing positions. It can close the hedge after two weeks, change leverage without prior notice and set spreads at its absolute discretion.

Control of your positions1 clause flagged

CFI can change your leverage, the multiple of your money you can trade with, without notice. Its terms say it acts in the best interest of the company and/or the client, and it sets spreads at its absolute discretion.

Why this matters

Lower leverage or wider spreads can push open trades toward a margin call overnight. CFI's share terms also let it change fees without prior notice, although the client agreement promises advance notice of fee changes.

Exhibit 15WarningHarder than usual

Credit Financier Invest (CFI) Ltd. has the right to apply what is the best interest to the company and/or to client and to adjust the account leverage without prior notice in the client account.
Clause 5.6(b) in Terms and Conditions, p.10
Read from the broker's site on Open the reference

You get two working days, and CFI's liability stops at your deposits

Two working days is all Credit Financier Invest (CFI) Ltd gives a client to request a trade audit, and 24 hours to dispute a daily statement. Its liability for proven damages stops at what a client deposited, and it excludes liability for losing client funds held at a bank. Its complaint procedure still lets clients go straight to the Financial Ombudsman, CySEC or the courts.

Complaint deadlines1 clause flagged

CFI limits any proven damages to what you deposited and never pays for lost profits. It also says it is not liable for losing your funds, including where a bank holds them. Its custody terms let it keep client money outside the European Economic Area.

Why this matters

A bank failure could cost you money that CFI says it does not have to make good. Its custody terms say it is liable only for deliberate failures to perform its duties.

Exhibit 14WarningHarder than usual

In the event of proven damages the liability of the Company, its officers, employees, or agents is limited to the amount of money that the Client has transferred or deposited in his/her Account with the Company.
Clause 18.1 in Terms and Conditions, p.35
Read from the broker's site on Open the reference
Set against a regulated standard: CySEC (Cyprus)

Firms licensed by CySEC must keep client money in segregated accounts and use due care in choosing and reviewing the banks that hold it. CFI's contract describes that care, then says it is not liable for losing client funds held by a bank.

CFI is not licensed by this regulator, so this is a comparison of practice, not a finding of any breach.

Expired paperwork can hold up your money

15 days is the deadline Credit Financier Invest (CFI) Ltd sets for identity checks at account opening, with deposits capped at €2,000 until then. After that, CFI may hold a client's funds, with no time limit, until expired documents are renewed.

Document checks1 clause flagged

CFI expects you to keep your identity and address documents current at all times. If you miss its reminders, it may hold your funds until you update your file, with no time limit.

Why this matters

A withdrawal can stall over paperwork rather than anything you did wrong. CFI's deposits page says it pays a withdrawal only when your file meets every identification update requested.

Exhibit 13WarningStandard wording

The Company shall be sending the Client emails reminding him/her to update his/her legal documents, in case of nonresponse or failure to provide such, the Company may hold the funds until the Client updates his file.
Clause 15.12 in Terms and Conditions, p.33
Read from the broker's site on Open the reference

What happens, and when

The stages this clause runs through, taken from the broker's own document
TriggerWhat the broker may then doClause
Until identity is verifiedYour total deposits are capped at €2,000.4
15 days after first contactIf verification is not complete, CFI ends the relationship and returns deposits to the source account.4
Documents expire laterCFI emails reminders and may hold your funds until you update your file.15.12
  • Worse together with Exhibit 12A document hold can stop a withdrawal before the five banking days for the transfer even begin.

Eleven idle months cost $100

$100 is the inactive account fee Credit Financier Invest (CFI) Ltd charges each December when a client made no transaction from January to November. The clause sits on page 51 of the 62-page client agreement and does not appear on CFI's fees page, which promises no hidden fees. CFI also archives accounts after 30 days without activity and does not email clients when it reclassifies them.

In plain words

Dormancy means an account left unused.

Dormancy1 clause flagged

If you make no transaction from January to November, CFI charges an inactive account fee of $100 that December. The fee sits on page 51 of the 62-page client agreement and is missing from CFI's fees page.

Why this matters

An idle balance shrinks by $100 a year. The fee never takes more than the balance, and CFI waives it if another of your accounts is active. CFI does not email you when it reclassifies your account.

Exhibit 6WarningStandard wording$100

in case the client does not do any transaction in his trading account from January to November (11 continuous months) or does not withdraw remaining funds within one year from the date of account closing, he/she will be charged an inactive account fee of $100 (only one hundred dollars), in December of every year.
Clause 15 in Share/Option/Bonds Trading Terms and Conditions, p.15
Read from the broker's site on Open the reference

Where it sits: section 109 of 209 in the Share/Option/Bonds Trading Terms and Conditions, 52% of the way through.

What happens, and when

The stages this clause runs through, taken from the broker's own document
TriggerWhat the broker may then doClause
30 consecutive days inactiveCFI may archive the trading account.30.3
3 consecutive months without a deposit or tradeCFI classes the account as inactive and says an inactivity fee and archiving might apply.30.3
No transaction from January to NovemberCFI charges a $100 inactive account fee in December.30.3
More than 5 years without a tradeThe account counts as dormant; CFI closes it automatically and moves the balance to a segregated client bank account.30.3

Your contract can be handed to another company

Clause 22 of Credit Financier Invest (CFI) Ltd's client agreement lets it assign its rights and obligations to any legal or natural person, without the client's consent. Disputes go exclusively to the courts of Cyprus, which is standard for a Cyprus-licensed firm.

Who you end up with1 clause flagged

CFI can assign or transfer any of its rights and obligations under your client agreement to any legal or natural person, without asking you. Disputes go to the courts of Cyprus, which is normal for a Cyprus-licensed firm.

Why this matters

Clause 22 asks for no consent from you. If your account moved to a group company outside Cyprus, the Cyprus Investor Compensation Fund would no longer cover it.

Exhibit 17NoticeHarder than usual

The Company may, at any time or from time to time, assign and/or transfer to any legal or natural person any of its rights and/or obligations under these Terms and Conditions.
Clause 22 in Terms and Conditions, p.37
Read from the broker's site on Open the reference

The firm on the other side of your trade also sets the price

92.70% of retail trading volume in 2023 was executed by Credit Financier Invest (CFI) Ltd itself, according to its execution quality report. CFI is the sole counterparty to client trades, sets platform prices at its discretion and gives sales executives view-only access to their clients' positions.

In plain words

On a principal basis, as your counterparty, means the broker takes the other side of your trade itself. Your loss is then the firm’s gain, so it has an interest in how your trade ends.

Whose side1 clause flagged

CFI is the sole counterparty to your trades and sets every platform price at its discretion. Each sales executive has view-only access to their clients' trading positions unless you email the back office to object.

In plain words

Remuneration means payments it receives.

Why this matters

CFI says related group companies may profit from their hedging even when your trade loses value. It may also pay introducers an amount based on the fees it earns from you.

Exhibit 16NoticeStandard wording

The Company acts as principle on the client’s behalf at all times, even where the company transmits the order for execution to third party liquidity providers, the Company remains the sole counterparty to your trades.
Clause 5.3 in Terms and Conditions, p.8
Read from the broker's site on Open the reference

A CySEC-licensed counterparty with a capped safety net

€20,000 or 90% of the covered claim, whichever is lower, is the most the Investor Compensation Fund pays a retail client. That cover applies if Credit Financier Invest (CFI) Ltd, licensed by CySEC under number 179/12, cannot pay its clients. CFI publishes categorisation, execution, conflicts and complaints policies, the set a CySEC licence implies.

Licence and compensation1 clause flagged

You contract with Credit Financier Invest (CFI) Ltd, a Cyprus investment firm licensed by CySEC and a member of the Investor Compensation Fund. The fund pays a retail client at most 90% of the covered claim or €20,000, whichever is lower.

Why this matters

Any of your money above that cap is at risk if CFI itself fails. The share trading terms name Arabic as the official business language, while the client agreement names English.

Exhibit 19NoticeStandard wording$20000

The Company is authorized and regulated by the Cyprus Securities and Exchange Commission (hereafter the “CySEC”) under the license number 179/12.
Clause 1 in Terms and Conditions, p.1
Read from the broker's site on Open the reference

Where the marketing and the contract disagree

A promise made in public, set against the clause that governs it

01

The FAQ says CFI closes your positions at stop-out, while the contract says the platform opens hedging trades at 50% instead.

Said in public, in English

If it keeps falling to the stop-out level, CFI automatically starts closing your positions to limit further losses, and you may lose some or all of your deposit.

FAQ on the Cyprus site (the page says it relates to CFI Financial Group Holding Ltd), answer on margin calls

In the contract · clause 5.10

In this respect, the platform starts to hedge the open positions by open new trades automatically if the margin level reaches the 50% for retails categorization or 10% for professional’s categorization.

02

The fees page promises no hidden fees but never mentions the $100 yearly inactivity fee set on page 51 of the client agreement.

Said in public, in English

Trade with competitive rates and no hidden fees.

Fee & Charges page, heading text

In the contract · clause 30.3

In case the client does not do any transaction in his trading account from January to November (11 continuous months) or does not withdraw remaining funds within one year from the date of account closing, he/she will be charged an inactive account fee of $100 (only one hundred dollars), in December of every year.

03

The FAQ says most deposit methods are free, while CFI's deposits page charges 4% on two of its three deposit methods.

Said in public, in English

CFI does not charge fees for most deposit methods. However, your bank or payment provider may impose fees.

FAQ on the Cyprus site (the page says it relates to CFI Financial Group Holding Ltd), answer on deposit fees

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of cfi.trade

In the contract

4% of transaction value

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of cfi.trade

04

The account page advertises a 0.6 to 1.5 pip EUR/USD spread, while CFI's cost schedule lists 1.6 pips as the minimum for the same account.

Said in public, in English

EUR/USD spread Between 0.6 - 1.5*

Zero Commission account page, Account Features table

In the contract

EURUSD Euro vs.Dollar 100000 1.6 0 1% 0.01 50

05

The FAQ says pending orders typically fill at your price, while the contract says every limit order fills at the best available price instead.

Said in public, in English

Under normal market conditions, your Pending Orders will typically be executed at the price you set.

FAQ on the Cyprus site (the page says it relates to CFI Financial Group Holding Ltd), answer on why a pending order filled at a different price

In the contract · clause 6.1

it is important to highlight that all limit orders placed on the trading platform are executed at the best available price and not at the requested price.

06

The FAQ promises bank transfer withdrawals within two working days, while the contract allows five banking days.

Said in public, in English

For withdrawals Bank Transfers: Takes up to 2 working business days.

FAQ on the Cyprus site (the page says it relates to CFI Financial Group Holding Ltd), answer on delayed deposits or withdrawals

In the contract · clause 15.3

Money transfer requires 5 (five) banking days after receiving the transfer request instructions from the Client.

07

The deposits page says no minimum deposit is required, while the client agreement sets a $100 or €100 minimum.

Said in public, in English

At CFI, there is no minimum deposit required to open a real trading account.

Deposits & Withdrawals page, FAQ section

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of cfi.trade

In the contract · clause 15.6

The minimum deposit accepted by the company is $100 (one hundred US Dollars) for USD Trading Account and EUR100 (one hundred EUR) for EUR Trading Account.

The documents this reading is based on

38 files, all published by CFI. Each shows when we read it and a fingerprint of its wording.

WIKILIX keeps the copy of each file it read, and does not republish it: what is published is the fingerprint of its wording. Download the file yourself and hash its text, lowercased with runs of whitespace collapsed, and a matching fingerprint means the wording quoted above is still the wording CFI publishes.

How this reading was done

Every clause above was read out of a document CFI publishes itself

This reading was published on .

Documents
24 of 38downloaded from the broker's site, and 24 read in full
Pages opened
93pages walked to find those documents, footer links included
Marketing pages
11public pages set against what the contract says
Position measured
3clauses whose position was counted: which numbered section of the document holds them, out of how many

Who the contract is with

Credit Financier Invest (CFI) Ltd

Credit Financier Invest (CFI) Ltd is the firm you contract with: a Cyprus company (HE 303814), licensed by CySEC under number 179/12 and formerly called CFI Markets Ltd. The FAQ on its Cyprus site describes the parent, CFI Financial Group Holding Ltd, headquartered in Dubai, and warns that some products it promotes may not apply in your jurisdiction. The client agreement lists a group company in Mauritius, CFI International Ltd, first among CFI's price and liquidity providers.

Quotations are copied verbatim from the documents named above, with the clause number and the page each one came from. Where a clause is quoted in another language, the original is shown first and the English is a translation.

The plain-language parts, what a clause means for a client, how ordinary it is, and how it reads against a regulated standard, are WIKILIX's analysis and are labelled as such on every card. This is a reading of public documents, not legal advice and not an allegation of wrongdoing.

In fairness, and what we could not check

A reader who knows the edges of the work can trust the middle of it

CFI publishes a large, dated document set, including a 665-page cost schedule that lists spreads and margins instrument by instrument. Its client agreement says changed terms apply only with your consent. Retail clients get negative balance protection and segregated client money. The complaint procedure lets you go straight to the Financial Ombudsman, CySEC or the courts, with a reply due within two months.

Several CFI documents disagree with each other. The share trading terms name Arabic as the official business language, while the client agreement names English. The cost schedule quotes 5 cents a share for stocks, where the fee page and share terms say $0.005. The FAQ on the Cyprus site says it describes CFI Financial Group Holding Ltd and that some products may not apply in your jurisdiction.

How to check any of this yourself

Every quote above links to the CFI file it came from. This is what to do with it.

Open the three stepsFind the words in the source, work out the fingerprint, and read what a difference does and does not prove.

Open the source and search for the words

Every quote has a link under it. Open the file, or the web page, and search it for the words we quote. The clause number next to the quote tells you where to look.

If the words are not there any more, the source may have changed after we read it. That is worth knowing too. We keep the date we read it, and a code worked out from its wording, so the quote stays checkable.

What a fingerprint is

A fingerprint is a code worked out from what a source says. Change one word and the code changes completely. We keep two codes for every file we read, and the panel on each source shows both.

The first is the code of the exact file we downloaded. The second is the code of its wording alone, with capital letters lowered and runs of spaces collapsed. When the same words are saved as a new file, the first code changes and the second one stays the same.

Only the first code can be worked out on your own computer. Save the file, then run one of these, putting the name of the file you saved where the example is. The panel on each source prints the command with that source's real file name already in it.

macOS or Linux:
  shasum -a 256 the-file-you-saved.pdf

Windows:
  certutil -hashfile the-file-you-saved.pdf SHA256

The two codes are different from each other, and they are not meant to match. Comparing one against the other proves nothing.

What a difference means, and what it does not

A different file code on its own proves nothing. A PDF saved again with a new date inside it is a new file saying exactly the same thing.

A different wording code means the words themselves changed. That is the one that matters, and it is why we keep it.

Even then, a change is not proof of bad faith. Companies update their documents. What this report says is what the document said on the day we read it, and every quote carries that date.

A source that is a web page and not a file has no file to save, so only the code of its wording is shown.

How this report is made

Every clause quoted above comes from a document CFI publishes on its own website, downloaded and hashed on the date shown, with the clause number and page recorded so any reader can check it. We do not allege anything the documents do not say, and we do not judge CFI on anything other than its own published terms and its own public marketing. Where a clause has a qualifier that softens it, the report says so. Last read Nov 2, 2026.

If you represent CFI and a clause has changed, been withdrawn, or is being read out of context, tell us and we will re-read the documents and update this page. Corrections from the broker are welcome and are published with the reading they change. Contact us.

This is a reading of a contract, not legal advice and not a ruling on CFI. Whether its licence is real and current is a separate check on the broker profile.

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