Score
CFX
China|5-10 years| http://www.circleforex-china.com
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Rating Index
Influence
Influence
D
Influence index NO.1
Norway 2.46Surpassed 15.20% brokers
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Circleforex
CFX
China
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The New ZealandFSPR regulation (license number: 476086) claimed by this broker is suspected to be clone. Please be aware of the risk!
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CFX · Company Summary
| CFXReview Summary | |
| Founded | 2018-10-25 |
| Registered Country/Region | China |
| Regulation | Suspicious Clone |
| Market Instruments | Currency Pairs(30+)/Precious Metals/Crude |
| Demo Account | ✅ |
| Leverage | Up to 1:100 |
| Spread | Ultra-low |
| Trading Platform | MT4(PC/iOS/Android/Web) |
| Min Deposit | $100 |
| Customer Support | Email: info@circleforex.com |
| Live chat | |
CFX Information
CFX is a financial services platform. The tradable instruments, with demo and live accounts with a maximum leverage of 1:100, include currency pairs, precious metals, and crude. The minimum spread is unspecific and the minimum deposit is 0. CFX is still risky due to its suspicious clone status, high leverage, and negative comments about losses.
Pros and Cons
| Pros | Cons |
| 24/5 customer support | Suspicious Clone |
| Leverage up to 1:100 | Only email |
| Demo account available | Unspecific cost information |
| MT4 available | Negative comments about losses |
Is CFX Legit?
FSPR regulates CFX with a suspicious clone status, which makes it less safe than regulated brokers.
What Can I Trade on CFX?
Traders can choose different investment directions because the broker provides currency pairs, precious metals, and crude.
| Tradable Instruments | Supported |
| Currency Pairs | ✔ |
| Precious Metals | ✔ |
| Crude | ✔ |
Account Type
CFX has demo and live accounts. Traders who want free investment can choose to open a demo account.
| Account Type | Supported |
| Demo | ✔ |
| Live | ✔ |
CFX Fees
CFX claims that it does not charge handling fees and has no further fee information.
Leverage
The maximum leverage is 1:100 meaning that profits and losses are magnified 100 times.
Trading Platform
CFX has an authoritative MT4 trading platform for PC, iOS, Android, and Web.
| Trading Platform | Supported | Available Devices ec |
| MT4 | ✔ | PC, iOS, Android, and Web |
Deposit and Withdrawal
The minimum deposit is $100. CFX supports bank deposits and withdrawals.
Customer Support Options
CFX provides 24/5 customer support, and traders can contact CFX via live chat and email instead of the phone, which is unable to communicate with customers in time to solve efficiently emergencies.
| Contact Options | Details |
| info@circleforex.com | |
| Live chat | ✔ |
| Supported Language | Chinese |
| Website Language | Chinese |
| Physical Address | Not mentioned |
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