Broker News

An Expanding Broker

CFI offers trading services with forex and contracts for differences (CFDs) of many other popular asset classes. Most of the broker’s regulated entities are located in the Middle East, such as in the United Arab Emirates, Jordan, and Lebanon. In addition, the broker is regulated by the United Kingdom, Cyprus, and Mauritius governments.

 

Furthermore, the brokerage company experienced an increase in demand as its trade volume increased significantly by 94% during the first three quarters of this year. Not only did its customer acquisition rate improve by 155% compared to last year, but the number of active accounts increased by 80%.

 

In the past year, CFI expanded geographically and strengthened its offerings. Thousands of new CFDs instruments and markets have been added to the broker’s trading platform.

 

Related Post

Further, CFI signed Pep Guardiola as the global brand ambassador. While it’s common for sports teams to have sponsors in the trading industry, CFI is unique because they directly contract football personalities for marketing and promotions.

 

In the meantime, CFI had some changes among its top management. The broker group welcomed Loukia Christoforou as Head of Project Management in June and Chirine Daoud as the new Marketing Director.

 

Moreover, the company appointed Stelios Thrasyvoulou as the Chief Technology Officer. On the contrary, its Group COO, Demetrios Zamboglou, left to join Doto as Group CEO.

User Review
0 (0 votes)

Recent Posts

  • Stock News

Reddit Shares Surge Amid OpenAI’s ChatGPT Training Deal

On Thursday, Reddit shares rose amid its collaboration with OpenAI to train ChatGPT on the…

2 days ago
  • Technology News

OpenAI Strikes Deal to Allow ChatGPT to Access Reddit Posts

On Thursday, OpenAI announced a collaboration enabling ChatGPT to train using data from Reddit discussions…

2 days ago
  • Commodity News

Sugar Prices Pulled Down by Abundant Global Supplies

On Thursday, sugar prices extended their losses amid reports indicating lower futures driven by a…

2 days ago
  • Stock News

Nio Stock Dips Amid Onvo Launch to Rival Tesla’s Model Y

On Wednesday, Nio stock declined after it entered fierce market competition with the debut of…

3 days ago
  • Broker News

Robinhood Dominates Meme Stock Trading: $5B Daily Volume

Robinhood has again become central in another meme stock surge. CEO Vlad Tenev shared that…

3 days ago
  • Technology News

Nio Unveils Its First Onvo EV in Direct Challenge to Model Y

On Wednesday, Nio introduced the first offering of its new low-priced Onvo brand, the L60…

3 days ago

This website uses cookies.