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CF Merchants

Severe riskForex / CFD broker
🇻🇨 Saint Vincent and the Grenadines · 5-10 years · since 2019-04-10 · CF Merchants Limited
Unregulated
Visit site ↗
3.7/5
★★★★★ ★★★★★
3 reviews ›
0
Licenses ›
1
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
75/100
Scam risk ›
0
Clone sites ›
▲ 67% positive▼ 0% negative
Independent ratingshow third parties score this broker
WikiFX1.59/10
Trustpilot3.7/5
Forex Peace Army—/5
🛡️ Been scammed or can’t withdraw from CF Merchants? Our free assistant writes up your case and shows exactly what to do next →
🇺🇸
No sign that CF Merchants actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
75
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Registered in Saint Vincent and the Grenadines (offshore, light oversight)
  • Withdrawal complaints in ~33% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints612%
Offshore registration808%
Transparency (site/info/social)010%
Real-user sentiment208%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameCF Merchants Limited
Headquarters🇻🇨 Saint Vincent and the Grenadines
Founded2019-04-10
Years operating5-10 years
Employees0
Official websitecfmerchants.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods—
Withdrawal methods—
Instruments—
Registered address
Suite 305, Griffith Corporate Center, P. O. Box 1510, Beachmont, Kingstown, Saint Vincent and the Grenadines

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -2.91)

Across 3 recent Trustpilot reviews, 0% are 1–2 star. The single most common complaint is being unable to withdraw funds (1 reports) — the classic warning sign in forex.

0
Period:
What users praise
Where reviewers are from
🇺🇸 US1
United States1
Montenegro1

Real user reviews

Where CF Merchants operates

Active across 5 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇫🇷 France
🇵🇰 Pakistan
🇮🇩 Indonesia
🇮🇹 Italy
🇿🇦 South Africa

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About CF Merchants

CF Merchants is a forex and CFD broker based in Saint Vincent and the Grenadines, with records dating to 2019-04-10. Critically, we could not verify any active forex-trading license for this broker.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

On Trustpilot, CF Merchants holds a real-user score of 3.7/5 across 1 reviews. Withdrawal problems appear 1 times — always test a small withdrawal first.

Overview compiled by FXCanary from regulatory records and public data. full CF Merchants review