CF Merchants review: Regulations, Platforms, Trading Instruments and Broker Ratings.

2.406 • 7 REVIEWS
Commodity and Forex Merchants Limited
Updated: Feb 21, 2024

What is CF Merchants?

CF Merchants is a forex broker with MetaTrader 4 forex trading top platform. offers over 45 forex currency pairs, cfds, indices, commodities, gold, silver, oil, bitcoin and other cryptocurrencies for your personal investment and trading options.

Please read CF Merchants Reviews below and share your live trading experiences with this broker.

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 1000:1
Minimum to Open Live: $1,000
Established: 2011
Address: Suite 305, Griffith Corporate Center, P. O. Box 1510, Beachmont, Kingstown, Saint Vincent And Grenadines
Contact:, +44 7862 068336
Regional offices:
Regulators: SVGFSA #24535
Prohibited countries:
Trading platforms: MT4
Web Trading: ✅ Yes
Mobile Trading: ✅ Yes
ECN: ✅ Yes

Trading Instruments

Currencies: (50+)
Cryptocurrencies: (4) Bitcoin, Litecoin, Ethereum
CFD: (15+) Gold, Silver, Other Precious Metals, Stock Indexes, Oil, Other Commodities

Trading Conditions

EAs/Robots: ✅ Yes
Scalping: ✅ Yes

Managed Accounts & Social Trading

MAM: ✅ Yes
PAMM: ✅ Yes
Copy Trading: ✅ Yes
Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Bitcoin, Ether/Ethereum, Local Bank Deposits, Neteller, Skrill, Tether (USDT)
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Bitcoin, Ether/Ethereum, Local Bank Deposits, Neteller, Skrill, Tether (USDT)
* Please check broker website for more information
2.406 • 7 REVIEWS

Recent User Reviews of CF Merchants

Namibia, Windhoek, Namibia,
Nov 9, 2020,

one of the worst broker experiences

Service use: Live
This broker takes forever to respond and they do not make good on their promise trust me you do not want to associate yourself with this broker. not to include their awful withdrawal methods cant even withdraw
Multan, Pakistan,
Nov 8, 2020,
Registered user

Its a Good Broker

Service use: Live Length of use: over 1 Year
I am using this broker since 2017, they have excellent withdraws, in last days of 2018 we have seen some delays in withdraws, but they said that the management is changed and they will pay the withdraws on time. And they have paid us. Now from last 1 year i am working again with my friends and we don't have any issue. They accept local deposits and deposits and withdraws are normally processed within 2/3 hours. Customer support is also ok. Thanks
Krasnogorsk, Russian Federation,
Jan 20, 2020,
Registered user

CF Merchants Ltd - scammers

Service use: Live Length of use: 6-12 Months
My expectations did not come true. Broker CF Merchants Ltd did not return the money ($ 2090). When I changed my review, instead of money, I received letters of promise from the broker. I declare: CF Merchants Ltd - scammers

Dec 6, 2019 - 4 Stars I recently received a letter from a broker CF Merchants Ltd with a proposal to return my money to me. The broker has changed management and they solve all past problems with clients. It's a good news. I hope my new rating for this company will live up to my expectations.

Mar 25, 2019 - 1 Star I have been trading with a broker CF Merchants Ltd since November 7, 2018.
Trading Accounts 315599, 315471 and 316491
During this time I made a deposit of $ 760 and opened two more trading accounts.
I made a conclusion twice 350 and 350 dollars.
When I opened the first trading account and made the first deposit on the broker’s website it was written:
All customers can not close their orders up to 60 seconds from the date of order execution.
I have a screenshot of this post.
I fulfilled this condition with a large margin (from 2 to 5 minutes, sometimes more). I have never made a deal in less than 60 seconds.
On February 19, 2019, I made a new withdrawal request for $ 650.
On March 11, 2019, I received a letter from the broker that the transaction needed to be carried out for more than 5 minutes. This broker told me backdating, when I earned a profit.
During all this time, the broker never wrote to me that he wants me to open positions for more than 5 minutes.
I repeat: - Not a single letter about this.
For me, compliance with these conditions is not a problem at all. I could open and close orders after 5 and 10 minutes. No problem with that.

I tried to explain to the broker that it was not fair to do that.
Indicated to them the phrase on their website:
All customers can not close their orders up to 60 seconds from the date of order execution.

After 5 days, they killed this phrase from the site.

As a result, the broker deceived me for 2090 dollars. Did not even return the balance of the deposit.
I declare: CF Merchants Ltd - scammers
Ukraine, Ukraine,
Jan 16, 2020,
Registered user

Broker scam !!!

Service use: Live Length of use: 6-12 Months
On December 7, I received a letter from the broker: if I delete a negative review about it, the broker will make a withdrawal of money. On December 8, I wrote a positive review (see below) and waited. I wrote two letters. The broker replied: wait, there will be a withdrawal of money soon. More than 5 weeks have passed. No money left. I realized that the broker again deceived me. Therefore, I again put him a rating = 1 star.
Broker scam !!!

Dec 8, 2019 - 4 Stars I also received a message from the broker about a change in management. Wrote a request to withdraw money. The broker replied that he accepted the application for the withdrawal of money and will soon be executed. I am glad that the broker began to value his reputation and fulfill the financial terms of the contract with the trader.

Jun 21, 2019 - 1 Star Broker scam !!! Trading account 316799. I wrote a request for a withdrawal of $ 250. This is my initial deposit (my investment). 45 days have already passed. The broker does not make a withdrawal and does not respond to my letters. I don’t even ask him about my profit, which I earned in two months (669 dollars). Bypass this cheater side !!!
Kursk, Russian Federation,
Jan 13, 2020,
Registered user

broker CFMerchants is a real thief

Service use: Live Length of use: 6-12 Months
40 days have passed since I wrote a positive review (replaced the negative review). The broker did not return the money. They tricked me again. I will again give the broker a rating of one star. This broker CFMerchants is a real thief.

Dec 2, 2019 - 4 Stars On May 28, 2019, I wrote a negative review about broker 111. You can see it below.
October 14, 2019 I received a letter from the company 1111. This letter says that the company has changed its management and that the company is ready to solve all my problems with the withdrawal of money.
They kept their promise. I got $ 380. There is still another 512 dollars that the broker promises to return to me within a week. If I no longer write a new review, then the broker made a complete withdrawal of money and I have no complaints about it. I change the broker rating to 4 stars. The new management of the company fulfills its obligations in full.

May 28, 2019 - 1 Star Opened a trading account 314176 with this broker CFMerchants in early 2019.  Made a deposit of 500 dollars to get a leverage of 500. For three months earned a small profit and brought the balance on the trading account to 871 dollars. The broker did not like it and he reduced my leverage to 1-50 !!! This shoulder does not suit me. On April 5, I issued a withdrawal of $ 300 to my Skrill wallet. Now it is the end of May, almost 2 months have passed. Broker does not withdraw money. My numerous letters are not responding. I can't even return my initial investment of $ 500. This broker CFMerchants is a real thief.
Santhoshkumar A
India, India,
Dec 3, 2019,
Registered user


Service use: Live Length of use: 0-3 Months
As new management changed there given back my withdrawal as there promised thanks after I have traded one month am getting my withdrawal at same day thanks for

ACCOUNT # 315691

Thanks for the team

Jun 17, 2019 - 1 Star Hi,

Almost 45 days am back with cf merchant for my 695 $ withdrawal but there not replying and not giving proper response for my email there keep on holding my money please some one help me get money from them

Please don’t open any account with them that Team is very big scam playing with others Money 

Please help me thanks
Eithen Joaw
United Arab Emirates,
Feb 25, 2019,
Registered user

I Found it the best Broker

I've been working with them for the last three y۔ears. I found them best in every respect. Especially your profit is found to you immediately. I would recommend that you work with them if they are ٖFed-up about other brokers
sialkot, Pakistan,
Aug 29, 2018,
Registered user

scame cfmerchants

its fake broker and scam to people hard money if you put order buy or sell if your trade plus and try to close your order but no close when trade go mins or loss then you try to close ur trade is closes i waste my 5000$ i have videos about it cfm merchants