CFU

Commodity Futures Utah, LLC (CFU) is a commodity futures and options brokerage firm based in West Jordan, Utah, United States. The company was founded on March 27, 2019, and operates as a Guaranteed Introducing Broker (IB) of ADM Investor Services, Inc. (ADMIS), a registered Futures Commission Merchant. Through this arrangement, CFU provides its clients with access to the commodity and financial futures markets without being a direct clearing member itself.

CFU is not a standalone regulated entity; instead, its activities fall under the regulatory umbrella of ADMIS and the National Futures Association (NFA). The firm’s managing director, Peter Russell, is individually licensed with the NFA, bringing over 30 years of industry experience. The broker’s registered address is 5323 West Case Mountain Road, West Jordan, UT 84081.

CFU specializes in trading commodity futures contracts and options on futures. Its service offering includes full-service brokerage, where clients receive personalized guidance from a dedicated broker. The broker also provides futures investment consulting. While CFU does not offer retail forex or CFD trading in the typical sense, its focus is on institutional-quality commodity markets. The firm serves both individual traders and commercial clients seeking to hedge or speculate in commodities such as grains, metals, energy, and financial futures.

The broker emphasizes risk management and education, with its website noting that trading futures and options involves substantial risk and may not be suitable for all investors. CFU’s affiliation with ADMIS gives clients access to a large, established clearing firm with significant financial resources.

CFU offers a single account type prominently marketed: the Full-Service Account. This account is designed for clients who desire broker assistance and ongoing support. According to the broker, the account includes regular reviews, trading guidance, and risk management consultation. Commission rates are quoted between $40 and $80 per round turn, depending on the product and contract size.

For traders who prefer self-directed access, CFU provides multiple trading platforms. These include Oak Web (browser-based, free), Oak Desktop (downloadable, free), and Apex (fee-based, with advanced features). The platforms offer real-time quotes, charting, and order execution across electronic and open outcry markets.

CFU itself is not directly regulated by a financial authority. However, as a Guaranteed Introducing Broker of ADMIS, it operates under the regulatory framework of the NFA and the Commodity Futures Trading Commission (CFTC) through its clearing firm. The firm’s managing director holds individual NFA registration. CFU is required to adhere to the risk disclosure and compliance standards set by its clearing partner.

FXCanary’s assessment notes a Scam Risk Score of 43 out of 100, indicating a guarded level of risk. This score reflects the absence of direct regulation, though the relationship with ADMIS provides some oversight. Traders should verify the current regulatory standing and consider the inherent risks of futures trading.

CFU is best suited for experienced commodity traders who understand the complexities of futures and options markets. The full-service model appeals to investors who value hands-on guidance and are willing to pay higher commissions for personalized service. The firm may also be appropriate for institutional clients or commercial hedgers seeking a local United States-based introducing broker with access to global futures exchanges.

The broker is not recommended for retail forex traders or those new to leveraged products, given the high risk and specialized nature of commodity futures. Additionally, investors looking for a regulated retail FX/CFD broker should look elsewhere.