CFI reports record growth and expands globally, showcasing industry leadership and commitment to excellence in online trading services.
CFI reports record growth and expands globally, showcasing industry leadership and commitment to excellence in online trading services.
CFI has announced record growth in the first quarter of 2024, showcasing significant achievements and substantial progress from the previous year. The company’s trading volume surged by a remarkable 24% compared to Q1 2023, reaching an unprecedented high of $557 billion. This surge not only underscores CFI’s position as a global leader in the brokerage industry but also highlights its prowess in attracting and retaining clients in a fiercely competitive market.
CFI’s success in customer acquisition and retention efforts was further solidified by a remarkable 80% increase in its active client base compared to last year. This growth, coupled with the dedication of over 400 professionals, underscores CFI’s commitment to delivering top-notch trading services and driving expansion initiatives worldwide.
Commenting on the Q1 2024 achievements, Hisham Mansour, Co-Founder and Managing Director of CFI, emphasized the company’s dedication to empowering traders globally and its continuous pursuit of innovation to enhance the trading experience. Mansour highlighted CFI’s role as a frontrunner in the industry, setting new standards for excellence and international reach.
In addition to its performance milestones, CFI has expanded its operations into South Africa, obtaining a Category 1 Financial Service Provider license from the Financial Sector Conduct Authority. This expansion demonstrates CFI’s commitment to regulatory compliance and adherence to global standards.
Prominent authorities worldwide regulate CFI, including the UK’s Financial Conduct Authority and the UAE’s Securities and Commodities Authority. It also holds licenses from regulatory bodies such as the Cyprus Securities and Exchange Commission and the Financial Regulatory Authority in Egypt.
This extensive regulatory oversight underscores CFI’s commitment to compliance and reliability. With its impressive performance and strategic expansion initiatives, CFI continues to strengthen its position as a leading player in the global trading industry, poised for further growth and success in the future.
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