CFI has six regulated entities across the globe
Recently, CFI announced that it had opened a brand-new subsidiary in non-other than London. However, previously the retail broker already had a branch in the UK, but this was part of its Cyprus-regulated entity.
This is quite a big deal. This grand opening means that all of the Broker’s customers. From now on, one has the ultimate protection that the Financial Conduct Authority’s regulations can provide.
However, this is not only a new step in building a more trusting relationship between the broker and its traders. This huge strategic leap increases the broker’s prestige. Thus, it will allow it to serve the needs of the UK’s clients, more efficiently than ever.
The CEO of CFI UK stated that the upgrade from a branch to a subsidiary would make CFI in the UK more popular and trustworthy around the globe. In addition, this new step will enhance CFI’s market share in the UK and other jurisdictions. This change strengthens CFI’s presence in the United Kingdom. In addition, it provides increased peace of mind to its users around the globe.
CFI’s new plans, new projects, and a global expansion plan
CFI now has six offices around the world. However, the broker does not want to stop here. Now, it plans to focus on the remaining jurisdictions. The brand plans to reach the Middle East, and it has plans and new projects in Lebanon, Jordan, and the UAE. Additionally, the firm has its Cypriot entity and another office in Mauritius. Recently Mauritius has become increasingly popular for retail trading firms.