CFI
Pros
- Regulated by FCA, CySEC, and CMA among 10+ entities
- 15,000+ tradable instruments
- No minimum deposit requirement
- No deposit or withdrawal fees
- MetaTrader 5, TradingView, and proprietary platform all available
- Unlimited demo account with no time limit
- Negative balance protection on regulated entities
- AI-powered trading assistant (Kaiana) and Capitalise.ai algo trading
Cons
- Inactivity fee of $10/month when commissions fall below threshold
- Forex spreads on the Zero Commission account are average to above average (1.4-1.5 pips EUR/USD at peak hours)
- Conditions and protections vary significantly by entity - offshore entities offer less protection
- Crypto trading not available to UK clients
- Limited payment processor options in some regions
- No investor compensation fund coverage across all entities