CFMerchants
CFMerchants Broker Overview
Here is every key fact about CFMerchants in one table — regulation, contact details, deposit rules, leverage, spreads, platforms and account features.
| Feature | CFMerchants |
|---|---|
| Broker name | CFMerchants |
| Foundation year | 2017 |
| Headquarters | Office 705, Indigo Tower, Jumeirah Lake Towers, Dubai, UAE |
| Country | UAE |
| Telephone | +971 55 456 4172 |
| Email / Skype | info@cfmerchants.com |
| Regulated by | CF Merchants is the trading name of CF Merchants Limited under Company Number: IC20110639. |
| Type of broker | ECN/STP |
| Min. deposit | $200 |
| Max leverage | 1:400 |
| Min. spreads | 0.0 pips |
| Funding methods | Bank transfer, credit card, Skrill, Neteller, UnionPay, Perfect Money |
| Withdrawal methods | Bank transfer, credit card, Skrill, Neteller, UnionPay, Perfect Money |
| Base currencies | USD, EUR & More |
| Languages | English |
| Trading platforms | MetaTrader 4 |
| Web trading | ✓ Yes |
| Mobile trading | ✓ Yes |
| News trading | ✓ Yes |
| Hedging & scalping | ✓ Yes |
| Free demo account | ✓ Yes |
| Mini accounts | ✓ Yes |
| VIP accounts | ✓ Yes |
| Managed accounts | ✓ Yes |
| Segregated accounts | ✓ Yes |
| Islamic accounts | ✓ Yes |
| Swap free accounts | ✓ Yes |
| No deposit bonus | ✗ No |
| Promotion | Yes |
In simple words: traders get MetaTrader 4, spreads from 0.0 pips, leverage up to 1:400 and a $200 minimum deposit. New clients can also check the current Yes.
Is CFMerchants Safe? Regulation and Company Details
CFMerchants is a regulated broker. CF Merchants is the trading name of CF Merchants Limited under Company Number: IC20110639. The broker says client money is kept in segregated accounts, separate from company funds.
Regulation
CF Merchants is the trading name of CF Merchants Limited under Company Number: IC20110639.
Head office
Office 705, Indigo Tower, Jumeirah Lake Towers, Dubai, UAE (UAE)
Client funds
Client money is held in segregated accounts, apart from company funds.
Track record
In business since 2017. Support is reachable by phone and email.
Tip: Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach 1:400.
CFMerchants Trading Conditions
Spreads and commissions
CFMerchants spreads start from 0.0 pips. Raw-spread style accounts usually charge a small commission per lot, while commission-free accounts have wider spreads. If you trade often or scalp, the raw option is usually cheaper.
Leverage
Maximum leverage reaches 1:400, depending on the account type and the instrument you trade. High leverage lets you open bigger positions with less margin, but losses grow just as fast.
Trading platforms
MetaTrader 4
Desktop platform
Trading styles allowed
Hedging, scalping and news trading are allowed — good news for short-term traders. Web and mobile trading are available.
This CFMerchants review covers regulation, fees, platforms and bonuses.
Official website: CFMerchants
CFMerchants Account Types
CFMerchants offers several account options so both beginners and experienced traders can find a fit. Live accounts start from a $200 deposit.
Free demo account
Practise with virtual money and test strategies risk-free.
Mini accounts
Smaller trade sizes and a low entry cost for beginners.
VIP accounts
Tighter pricing and priority service for larger balances.
Managed accounts
Let a strategy provider or money manager trade for you.
Segregated accounts
Client funds are kept apart from company money.
Islamic / swap-free
No overnight swap charges, in line with Sharia principles.
You can open accounts in these base currencies: USD, EUR & More. Choosing the currency you spend in helps you avoid conversion fees.
Deposits and Withdrawals at CFMerchants
CFMerchants supports the same methods for funding and withdrawals. Withdrawals normally go back to the method you used to deposit.
E-wallets are usually the fastest. Bank wires take longer and your bank may charge a fee. Finish identity verification (KYC) early so your first withdrawal is not delayed.
CFMerchants Bonus and Promotions
Bonuses are a big reason traders search for CFMerchants. Availability depends on your country and the account type.
- Yes — the current promotion for CFMerchants clients. Check the volume rules before you claim it.
How bonus credit really works
- Bonus credit is used as margin; it usually cannot be withdrawn directly.
- Profits made with the bonus are yours, but a minimum trading volume often applies first.
- Withdrawing money early can remove part or all of the bonus.
- Bonuses are not offered in every country or on every account type.
Bonus terms change often. Always read the latest rules on the official CFMerchants website before accepting any offer.
CFMerchants Pros and Cons
Pros
- Regulated: CF Merchants is the trading name of CF Merchants Limited un...
- Yes
- Low $200 minimum deposit
- Spreads from 0.0 pips, ECN/STP execution
- MetaTrader 4
- Hedging and scalping allowed
- Islamic, mini, VIP and managed accounts
Cons
- No no-deposit bonus
- Bonus comes with trading-volume rules
How to Open a CFMerchants Account
- RegisterFill in your name, email, country and phone number on the CFMerchants sign-up page.
- Verify your identityUpload a photo ID and a proof of address (utility bill or bank statement).
- Choose an accountPick the account type, base currency, leverage and platform (MT4).
- Fund and tradeDeposit from $200 with your preferred method, claim any eligible bonus, then log in and start trading.
About CFMerchants
CFMerchants Review: Overview
CFMerchants is a forex and CFD broker that operates on an ECN/STP model, meaning client orders are passed to liquidity providers rather than being handled only in-house. The company was established in 2017 and is based in the United Arab Emirates, with its head office at Office 705, Indigo Tower, Jumeirah Lake Towers, Dubai. The official website is available in English at http://www.cfmerchants.com.
The broker targets a broad range of traders, from beginners who want a free demo account to more experienced clients who need hedging, scalping or news trading. Its account range includes mini, VIP, Islamic, swap-free and managed accounts, which makes it worth a look for traders with different budgets and needs. It is not a broker for everyone, though, and the sections below explain what to check before you open an account.
Trading forex and CFDs on leverage carries a high risk of losing money. Only trade with funds you can afford to lose, and make sure you understand how leverage, spreads and swaps affect your positions.
Regulation and Safety
When you assess any broker, regulation is the first thing to check. CFMerchants presents its legal identity as CF Merchants Limited, under Company Number IC20110639. CF Merchants is given as the trading name of that company. A company number confirms that the business is registered, but it does not on its own show which financial authority supervises the broker or what protections apply to your account.
Before you deposit, look for the regulatory details on the official website and confirm them with the authority named there. Check the entity you would actually contract with, because the entity named in your account agreement determines which rules and client protections apply to you. Also read the client agreement and the risk disclosures carefully.
On the safety side, CFMerchants states that it holds segregated client funds. Segregation generally means that client money is kept separate from the company's own operating money. This is a useful feature, but it is not a guarantee against every loss. Keep your own records of deposits, withdrawals and trades, and avoid sending money to any person or account that is not clearly linked to the broker's official channels.
Account Types
CFMerchants offers several account types, so you can choose one that fits your trading style and capital:
- Standard and mini accounts: Mini accounts are available for traders who want to start with smaller positions and lower amounts of capital.
- VIP accounts: These are aimed at more active clients. Check the official website for the conditions attached to this account type.
- Islamic accounts: Islamic accounts are offered for clients who prefer trading without swap or overnight interest, in line with Sharia principles.
- Swap-free accounts: These accounts do not charge swap fees on overnight positions, which can suit short-term traders.
- Managed accounts: These allow clients to have their accounts handled under a managed arrangement. Read the terms closely to understand who makes the trading decisions and how fees work.
- Free demo account: A demo account lets you test the platform, practise your strategy and get used to the order process without risking real money.
Account base currencies are listed as USD, EUR and more. Choose a base currency that matches the currency you deposit in, because currency conversion can add cost and change your result. The minimum deposit is 200, but check the official website for the exact requirements for each account type, as they may differ.
Trading Platforms
CFMerchants offers MetaTrader 4, one of the most widely used retail trading platforms. Traders who already know MT4 will find the layout familiar, with standard charting tools, order types and the ability to use compatible custom indicators and Expert Advisors, subject to the broker's rules.
The platform is available as a desktop application, through a web browser and on mobile devices. Web trading and mobile trading are both supported, so you can monitor and manage positions away from your desk. Before relying on any platform for live trading, test the connection, order execution and charting on a demo account.
Spreads, Fees and Leverage
CFMerchants lists minimum spreads from 0.0 pips. Spreads on an ECN/STP account are variable, so they change with market conditions. Low spreads are most common during quiet, liquid market hours and can widen sharply during major news events or sudden volatility. The advertised minimum is not a fixed cost on every trade, so compare live spreads with other brokers during the hours you normally trade.
Leverage is available up to 1:400. High leverage lets you control a large position with a small deposit, but it magnifies losses as well as gains. Leverage may be lower depending on your country and account type, so check what applies to you before you open a position. Many experienced traders use far less leverage than the maximum available to them.
Other costs, such as commissions, swap charges and any fees for deposits or withdrawals, depend on your account type and payment method. Read the fee schedule on the official website and ask support for clarification if anything is unclear. Swap-free and Islamic accounts are designed to remove overnight swap charges, but they may have other terms.
Trading Rules
CFMerchants allows hedging, scalping and news trading. These strategies are not allowed by every broker, so this is a point in the broker's favour for active traders. Scalping and news trading are demanding, though. Fast execution, wider spreads during news releases and slippage can all affect results, so test these strategies carefully before using real money.
Deposits and Withdrawals
CFMerchants accepts deposits by bank transfer, credit card, Skrill, Neteller, UnionPay and Perfect Money. Withdrawals are available through the same methods. Using the same method for deposits and withdrawals is common practice and can make it easier to track your funds.
Processing times, minimum amounts and any fees differ by method and can change, so check the payment section of the official website before you transfer money. Keep in mind that some e-wallet and card providers may apply their own charges. If you withdraw through a method you did not use to deposit, check the broker's policy first.
Bonuses
CFMerchants offers a welcome bonus and other promotions. It does not offer a no-deposit bonus. Bonuses can be useful, but they usually come with conditions such as trading volume requirements, withdrawal restrictions or expiry dates. Read the full bonus terms before you claim anything, and make sure you understand whether a bonus can be withdrawn or only used for trading.
Bonus offers and their conditions can change, so check the current details on the official website before you deposit. A bonus should never be the main reason to choose a broker. Focus first on regulation, costs, platform quality and how the account suits your strategy.
Customer Support
CFMerchants is available in English on its website. Before you open an account, contact support with a few practical questions, such as how spreads are charged, which regulator oversees your account, how withdrawals are processed and what the bonus conditions are. The quality of the answers is a good indicator of how the broker will treat you when a problem arises. Keep copies of all written communication.
Pros and Cons
Pros
- ECN/STP execution model, with spreads listed from 0.0 pips
- Leverage up to 1:400, subject to country and account type
- MetaTrader 4 on desktop, web and mobile
- A wide range of account types, including mini, VIP, Islamic, swap-free and managed accounts
- A free demo account for practice
- Hedging, scalping and news trading are allowed
- Several deposit and withdrawal methods, including bank transfer, cards and e-wallets
- Segregated client funds, plus a welcome bonus and other promotions
Cons
- The company number is given, but clear details of the supervising regulator should be checked on the official website
- Only MetaTrader 4 is listed, so traders who need other platforms will need to look elsewhere
- No no-deposit bonus is offered
- Leverage and other conditions may be lower depending on your country and account type
- Bonus terms, fees and processing times should be checked carefully before use
Verdict
CFMerchants has a strong set of features for active retail traders. The ECN/STP model, low advertised spreads, MetaTrader 4, a free demo account and support for hedging, scalping and news trading will appeal to many clients. The range of account types, including Islamic and swap-free options, adds flexibility. Its founding year of 2017 and its Dubai base give it a established profile, although that does not replace independent checks.
The main point to verify is regulation. The company number IC20110639 is a useful starting point, but before you deposit, confirm which regulator supervises your account and read the client agreement. If those details meet your requirements, and the spreads, leverage and fees suit your strategy in live conditions, CFMerchants is worth considering. Beginners should start with the demo account and small amounts.
Trading forex and CFDs on leverage carries a high risk of losing money. Never risk more than you can afford to lose.
Risk warning: Leveraged products such as forex and CFDs may not suit all investors and carry a high risk to your capital. Make sure you understand the risks, consider your goals and experience, and seek independent advice if needed.
Final Verdict: Should You Choose CFMerchants?
CFMerchants offers a $200 entry cost, MT4 platforms and a track record since 2017.
CFMerchants suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.
