CF Merchants Review

About CF Merchants

CF Merchants, trading under Commodity and Forex Merchants Limited, claims incorporation in St. Vincent & the Grenadines with registration number 24535IBC2018 and in the UK via Companies House license number 1092420, both cited on its official site — however, the St. Vincent & the Grenadines Financial Services Authority (SVG FSA) does not license forex/brokerage firms and Companies House is merely a company registry, not a regulator (). CF Merchants offers MetaTrader 4, a range of asset classes including forex, CFDs, commodities, indices, and cryptocurrencies, and swap‑free (Islamic) accounts ().

There is no record of authorization from recognized regulators such as FCA, ASIC, or CySEC; multiple sources mark CF Merchants as unregulated and warn of high risks to client funds (). User complaints note issues with withdrawals and lack of responsive support, casting further doubt on reliability ().

Pros and cons

Pros

• MetaTrader 4 platform
• Wide asset range: forex, CFDs, commodities, indices, cryptocurrencies
• Swap‑free (Islamic) account option
• Low minimum deposit (e.g., $10 for ECN‑style accounts) supported

Cons

• Unregulated by any reputable financial authority (SVG FSA and Companies House not valid regulators)
• Numerous client reports of withdrawal difficulties and unsatisfactory customer support
• Potentially misleading regulatory claims and high leverage (up to 1:1000) considered high risk