CFI is pleased to announce that it has obtained FCA’s approval for its UK subsidiary Credit Financier Invest Limited - (CFI UK) to commence its operations, as CFI aims to upgrade its UK presence from branch to full subsidiary status.
As of 14/10/2019, CFI UK operates as an authorized and regulated firm by the Financial Conduct authority (FCA) under license number FRN 828955.
The purpose of this expansion is to enhance CFI’s UK presence and provide an extensive coverage of products and services under the auspice of the globally renown FCA.
CFI UK is part of CFI Financial Group Holding, a leading Online Trading Services Provider serving private and institutional clients worldwide for over 20 years.
Hisham Mansour & Eduardo Fakhoury, Founders and Managing Directors of CFI Financial Group, said: “We are glad to announce the upgrade of our presence from a Branch to a Full Subsidiary.
CFI UK is a British firm fully regulated by the Financial Conduct Authority. This change strengthens our UK presence and provides increased peace of mind to our clients and prospects.”
CFI’s UK CEO Richard Wynn said: “The upgrade from a Branch to a Subsidiary boosts the image of CFI in the UK and beyond.”
As a British firm regulated by the FCA, I am confident this new step will enhance CFI’s market share in the UK and other jurisdictions. Investors look to benefit from the security and prestige of trading with an FCA regulated firm."
About CFI Financial Group
CFI is a leading firm in the online trading and investing industry with global presence offering advanced technology, high touch services, professional support and competitive trading conditions. The company traces its origins to a private banking department that was established in 1998 within a sister firm: Credit Financier. After several success years, the first entity was established under the name of Credit Financier Invest in 2005, after a separation of the credit business from the trading side. Since then, the company has served thousands of clients and executed millions of trades. CFI serves private clients as well as financial institutions.
The Group owes its success to two main factors:
• A strong commitment to providing superior services, conditions and technology.
• An understanding that reputation, clients’ trust and its people are the key assets.
20 years later, the company continues to experience growth and success alongside several other entities that formed in different countries under its holding: CFI Financial Group Holding Limited.