About CF
Company Overview
CF Group Limited, operating under the brand 'CF' and accessible via cf139.com, is a trading company registered in the United Kingdom since 14 September 2017. According to its corporate records, the firm presents itself as a provider of trading services, although its official website does not clearly detail its product range. As of our assessment, the company has no verified regulatory licences from any recognised financial authority.
Our review indicates that the broker claims regulation by the Financial Service Providers Register (FSPR), but this claim is suspected to be a clone – meaning the licence may belong to another entity. This raises significant concerns about the legitimacy of the operations. The UK registration itself does not grant authorisation to offer financial services; such authorisation requires oversight from the Financial Conduct Authority (FCA), which is absent here.
Regulatory Status and Risk
The absence of a credible regulatory licence is a critical red flag for any forex or CFD broker. CF Group Limited is not listed on the FCA's register, and the FSPR reference appears unverifiable. In FXCanary's assessment, this places the broker in a high-risk category. Without regulatory oversight, traders have no recourse through official financial ombudsman schemes or compensation funds.
Our Scam Risk Score of 85/100 (Severe) reflects these serious deficiencies. Potential clients should exercise extreme caution. Unregulated brokers often operate with little transparency, and the suspected clone licence adds to the likelihood of deceptive practices. We strongly advise against depositing funds until verifiable and reputable regulation is confirmed.
Target Audience and Suitability
Given the lack of regulation and the high-risk profile, CF is not suitable for any category of trader. Beginners, who may not fully understand the risks, are especially vulnerable. Even experienced traders would find it difficult to trust a broker without a clean regulatory record or independent user feedback.
There are no verified account types, platforms, or instruments to assess. The broker's website may list offerings, but without independent confirmation, these claims should be treated as unsubstantiated. Traders seeking a safe environment should only consider brokers regulated by top-tier authorities such as the FCA, CySEC, or ASIC.
Deposits and Withdrawals
No specific information about funding methods is available from our verified sources. Unregulated brokers often impose unfair withdrawal conditions, such as high fees, long processing times, or arbitrary rejections. In the absence of clear policies, clients risk losing access to their funds entirely.
We recommend never depositing money with a broker that cannot demonstrate reliable and transparent financial operations. Secure brokers usually offer multiple deposit options (bank wire, credit cards, e-wallets) and process withdrawals within a few business days. CF's lack of such information is further cause for concern.
Corporate Background
CF Group Limited was incorporated in the UK on 14 September 2017, with company number 10921034. Its registered address is in London. However, incorporation alone does not imply financial soundness or trustworthiness. Many fraudulent brokers use UK registration to appear legitimate while operating without regulatory oversight.
The company description states it is 'currently regulated by FSPR', but we have not been able to verify this. The FSPR is a New Zealand register, and it is unusual for a UK-incorporated firm to be regulated there. This mismatch further suggests a cloned licence. Prospective clients should always cross-check regulatory claims on the official website of the regulator.
Scam Risk Assessment
Our scam risk assessment is based on several factors: lack of regulation, suspected cloned licence, no independent reviews, and insufficient transparency. The score of 85/100 indicates severe risk. Traders should treat this broker as likely fraudulent until proven otherwise.
We have found no evidence of reliable service or client protection. The usual safeguards – segregated accounts, negative balance protection, dispute resolution – are absent by default when regulation is missing. Anyone considering CF should understand that they are taking on significant financial risk.
Conclusion
In summary, CF (cf139.com) is a UK-registered trading company with no verifiable regulation and a suspected clone licence. Independent public information is minimal, which itself is a cautionary indicator. FXCanary strongly advises traders to avoid this broker entirely.
For those seeking forex or CFD trading, we recommend looking for brokers regulated by authoritative bodies like the FCA, CySEC, or ASIC. Such brokers offer transparency, client fund segregation, and access to compensation schemes. CF does not meet any of these standards.
Overview compiled by FXCanary from regulatory records and public data. full CF review