A CFI Financial EUR/USD ticket on the Cyprus Zero Commission account is priced as a variable spread with commission at $0, and the October 2026 costs file from Credit Financier Invest (CFI) Ltd sets the target at 1.6 pips on a contract of 100,000. We opened that file and the account card on 26 October 2026. The card at cfi.trade/en/cy/accounts puts EUR/USD between 0.6 and 1.5. The linked sheet, CY-Costs-and-Charges-Oct-2026.pdf, prints 1.6 for Zero Commission and 0 for Dynamic Trader, then $9, $6 or $4 per lot by level. One pip on that contract is $10, so the sheet's target is $16 and the card's ceiling is $15.
The country path changes the contract. The UK card, opened the same day at cfi.trade/en/uk/accounts, belongs to Credit Financier Invest Limited and prints spreads from as low as 0, commission at $0, and an 86% retail CFD loss line. The Cyprus footer says 76.5% of retail accounts lose money with Credit Financier Invest (CFI) Ltd. The CySEC register lists that firm for dealing on own account, so the 1.6-pip target is a quote the firm may set.
Updated 26 October 2026.
Key facts
- The Cyprus Zero Commission EUR/USD target is 1.6 pips on a 100,000 contract, commission $0, in the October 2026 costs file (Credit Financier Invest (CFI) Ltd cost sheet, retrieved 26 October 2026).
- The Cyprus account card prints EUR/USD between 0.6 and 1.5 pips, commission $0, on that same tier (cfi.trade/en/cy/accounts, 26 October 2026).
- Dynamic Trader levels on the cost sheet are $9, $6 and $4 per lot, beside a 0 target spread on EUR/USD (October 2026 costs file footnote, 26 October 2026).
- The Cyprus firm is Credit Financier Invest (CFI) Ltd, HE 303814, CySEC licence 179/12, licensed on 25 September 2012, at 2 Giannou Kranidioti Street, Larnaca (CySEC register, 26 October 2026).
- The UK site is Credit Financier Invest Limited, FCA reference 828955, company 11634673, at 16 Berkeley Street, London W1J 8DZ, and the card states an 86% retail CFD loss figure (UK account page and the FCA register search, 26 October 2026).
- Retail majors sit at a 30:1 cap in the November 2025 CyNPIMs file, while the account card reserves 1:500 for professional clients (CY-CYNPIMs.pdf and the Cyprus account card, 26 October 2026).
How the Cyprus ticket is built
Every page of the October 2026 cost sheet names Credit Financier Invest (CFI) Ltd, CySEC 179/12, Investor Compensation Fund membership, HE 303814 and Giannou Kranidioti 2, Larnaca. That header is the firm a Cyprus-path client is shown.
The forex row is EURUSD, the euro against the dollar: contract 100,000, Zero Commission target 1.6 pips, Dynamic target 0, margin column 1%, minimum size 0.01 and maximum 50 per click. That 100,000 line is a standard lot, so the Zero Commission target is $16 of spread at $0 commission.
Spreads vary with volatility, hours and the session, and 1.6 is a target under a minimum-spread heading, so a live quote can print wider or tighter. The card still stops its band at 1.5 and keeps further commissions off Zero Commission.
| Cyprus tier | Platforms | EUR/USD on the card | Target on the Oct 2026 sheet | Cash commission |
|---|---|---|---|---|
| Zero Commission | MT5, Trader Evolution, TradingView | 0.6 to 1.5 pips | 1.6 pips | $0 |
| Dynamic Trader | MT5, Trader Evolution, TradingView | From 0.0 pips, called a low commission | 0 pips | $9, $6 or $4 per lot by level |
The 1% margin column is for clients other than retail clients. CY-CYNPIMs.pdf, marked November 2025, keeps major pairs at 30:1 for a retail client and moves one lot from EUR 1,000 of margin at 1:100 to EUR 3,333 at 30:1. The card marks "up to 1:500" for professional clients. GBPUSD on the sheet, 1.8 pips on Zero Commission and 0 on Dynamic, shows the same split.
Three cash levels beside a zero target
Dynamic Trader prints USD and EUR bases, a commission described as low, EUR/USD from 0.0 pips, swap-free left off the form, and a minimum-deposit line empty of a cash figure. The second footnote lists Level 1 at $9 per lot, Level 2 at $6 and Level 3 at $4. The card stops at the word low, the same stack-of-lines pattern the desk followed at Just2Trade.
The unit is "per lot", and round turn, open only, or both sides stay unstated. Orbex writes "per lot per round-turn" on its raw accounts. Treating Level 3 as the whole trip, or putting $4 on the open and $4 on the close, leaves a gap of $4 against $8 on a standard lot before any spread above the zero target.
Dynamic stays off the chart because it still needs a side before it is a round-turn dollar cost. Zero Commission is 1.6 pips times $10 plus $0. The fees page at cfi.trade/en/cy/trading-details/fees says fees can change daily, and it prices US stocks and ETFs separately at $0.005 a share with a $1 minimum. Reading a zero target and a cash charge as one ticket is the same job the desk did on Libertex.
Fourteen names, one contract
The regulations page puts CFI Financial Group Holding Ltd over a line that the holding company operates under multiple licences. The licences belong to subsidiaries, and the Cyprus risk warning names the one on the contract we priced.
On 26 October 2026 the page listed fourteen supervised entries. Cyprus is Credit Financier Invest (CFI) Limited, CySEC 179/12, and the UK is Credit Financier Invest Limited, FCA 828955. The other blocks cite CMA 20200000154, CCD 49631, BDL number 40, FSCA 53711, ISNL/L-7/2016, FSA SD107, VFSC 700479, FSC C161178 and SFC 531, plus Egypt, Palestine and a Bahrain Category 2 firm. Credit Financier Invest Limited is both the UK block and the Egypt block, and Credit Financier Invest International Limited is both Seychelles and Colombia. A Seychelles zero-commission URL resolved to the Cyprus card.
| Path | Company on the page | Licence the page cites | What the register check showed |
|---|---|---|---|
| Cyprus trading path | Credit Financier Invest (CFI) Ltd, HE 303814, Larnaca | CySEC 179/12 | Register lists the firm, licence date 25 September 2012, domain www.cfi.trade |
| UK path | Credit Financier Invest Limited, company 11634673, 16 Berkeley Street | FCA 828955 | Search for 828955 returned that firm and postcode W1J 8DZ |
| Group banner | CFI Financial Group Holding Ltd | Page says multiple licences | Named licences sit with subsidiaries, and the Cyprus warning names the CySEC firm |
The UK card adds phone +44 (0)20 3907 4131 and email uk@cfi.trade. An FCA search for 828955 returned that firm at W1J 8DZ. Both accounts print $0 commission and spreads from as low as 0, retail leverage up to 1:30, and the copyright line still reads 2025. An EUR/USD band in the Cyprus style is absent from the card we opened.
Approved CySEC trade names are CFI Europe and Credit Financier Invest (CFI) Ltd, previous names are CFI Markets Ltd and CF Invest Ltd, and the approved domain is www.cfi.trade. Dealing on own account, beside reception, transmission and execution, is what makes a 1.6-pip target a dealer quote. The gap between a city in the advertising and the book that holds the trade is the pattern already traced for Hantec Markets.
The firm's English-language account posted on 2 September 2026 that Federico Cirulli had become chairman, with co-founders Hisham Mansour and Eduardo Fakhoury moving to board seats outside the executive line. A chairman change is a group event, while the Cyprus ticket still names one CySEC firm.
🚀 CFI's governance evolution continues
— CFI Group English (@cfigroup_en) September 2, 2026
Please join us in welcoming Federico Cirulli as Chairman of the Board. Federico has served on CFI's Board since November 2025, bringing over two decades of leadership across regulated brokerages and asset management. 📈
Our Co-Founders,… pic.twitter.com/opKQYJcMZ6
Orbex and Skilling on the same three axes
The peers are Orbex and Skilling, and every figure below comes from a page of theirs opened on 26 October 2026. Links to older reviews on this site are method parallels beside those pages.
Orbex's account article, dated 19 January 2026 at support.orbex.com, prices Starter from $100 and spreads from 1.5, Premium from $500 with $8 per lot per round-turn, and Ultimate at $5 per lot per round-turn with spreads from 0.0. It is silent on an Ultimate minimum. The table at orbex.com/en/spreads-swaps-commissions prints EURUSD as low as 0.0 on Ultimate, beside MetaTrader, so the published cash floor is that $5 round turn.
The company behind that $5 is harder to read. orbex.com/en/regulations names Orbex Global Limited under the Mauritius FSC (FS-4.1 and SEC-2.1B Investment Dealer), Orbex Limited under the Seychelles FSA, and Orbex LLC of Saint Vincent and the Grenadines, registration 230 LLC 2019, as operator. Both that footer and the spreads-page footer then name Orbex Limited of Saint Lucia, registration 2025-00714 IBC. Dealing on own account is in the services list, and a separate block labels the model NDD.
Skilling's licence is easier to name. skilling.com/eu/en/account-types offers Standard and Premium on Skilling Trader, cTrader, TradingView, MT4 and MT5. Standard is zero commission, spreads from 0.8 pips or 0.6 on MT5, from €100. Premium starts at 0.1 pips, or 0.2 on MT5, commission from $35 per million, or $40 per million on MT4, and €5,000 or $10,000,000 monthly volume. The footer names Skilling Limited, CySEC 357/18, HE373524, Strovolos, beside a 65% retail CFD loss line.
The commission page works an example: 100,000 EUR/USD at 1.1025 is $110,250 notional, and at $35 per million that is $3.85. The footnote charges Premium commission on the open and on the close, so the example twice is $7.70. Pip value is 10 for most forex pairs, so a 0.1-pip floor would add $1. The chart uses $7.70 and leaves that tenth in the table.
RelatedHow Much Does a BDSwiss EUR/USD Lot Actually Cost?
| Axis | CFI Financial, Cyprus path | Orbex Ultimate | Skilling Premium |
|---|---|---|---|
| EUR/USD ticket | Zero Commission target 1.6 pips, $0, equal to $16; Dynamic target 0 plus $4, $6 or $9 per lot | $5 per lot round turn at an EURUSD floor of 0.0, on MetaTrader | $3.85 example a side at 1.1025, charged open and close, so $7.70; MT4 from $40 per million |
| Legal entity | Credit Financier Invest (CFI) Ltd; UK path is Credit Financier Invest Limited | Mauritius, Seychelles, Saint Vincent and Saint Lucia names on the two pages | Skilling Limited, HE373524, Strovolos |
| Licence signed | CySEC 179/12 on the register; UK footer cites FCA 828955 | Mauritius FSC dealer and Seychelles FSA dealer, plus competing operator lines | CySEC 357/18 in the footer |
Where 3.4 comes from
The score is 3.4 out of 5. The Cyprus contract is identifiable, the register matches the footer, and the October 2026 sheet prices the spread-only EUR/USD lot at $16 on the target. The card and the sheet still disagree by a tenth of a pip at the ceiling, and the dynamic cash unit stops at "per lot".
In favour: the register matches the Larnaca footer under 179/12, the sheet prints an EURUSD row with a contract size and three dollar levels, the Zero Commission card states $0 commission, and the CyNPIMs file caps retail majors at 30:1 while the card marks 1:500 as professional.
Holding the score down: the card tops out at 1.5 pips against a sheet target of 1.6, the dynamic unit stops at per lot, the UK loss line is 86% against 76.5% on Cyprus, and two English company names are reused across countries on a fourteen-entry regulations page.
What would move 3.4
This review would leave 3.4 on one document. Credit Financier Invest (CFI) Ltd would need a dated illustration for one standard EUR/USD lot on Zero Commission and on each Dynamic level, with the spread, the open commission, the close commission, the round-turn dollars, and a reconciliation of 1.6 with the card's 0.6 to 1.5 band. A ticket inside the band would lift the score. A ticket that kept 1.6 as the working quote would lower it. A new-licence press release would leave the number where it is.
FAQ
Which company holds a Cyprus CFI Financial EUR/USD contract?
Credit Financier Invest (CFI) Ltd operates the Cyprus site under CySEC licence 179/12, registration HE 303814. The register, opened on 26 October 2026, lists that name, a licence date of 25 September 2012, 2 Giannou Kranidioti Street in Larnaca, and www.cfi.trade. CFI Financial Group Holding Ltd is the banner on the regulations page. The risk warning on the trading path names the CySEC firm.
Why do the account card and the cost sheet disagree?
The Zero Commission card prints EUR/USD between 0.6 and 1.5 pips with commission at $0. The October 2026 costs file, linked from that card, prints a target of 1.6 pips on a 100,000 contract. At $10 a pip that is $16 against a card ceiling of $15. The sheet calls 1.6 a target inside a variable quote. The two documents still print different ceilings.
What does Dynamic Trader actually charge on EUR/USD?
The card says the spread starts from 0.0 pips and calls the commission low. The October 2026 sheet sets the EUR/USD target at 0 and lists $9, $6 and $4 per lot. The unit stops at per lot, so a round-turn reading and a per-side reading both remain open and differ by a factor of two. Level 3 is either a $4 trip or an $8 trip before any spread above zero.
Is the UK account the same ticket?
The UK path is Credit Financier Invest Limited, FCA 828955, company 11634673, at 16 Berkeley Street in London. Its card prints spreads from as low as 0 and commission at $0, on GBP spread betting and on CFDs in GBP, USD and EUR, with retail leverage up to 1:30. The loss line is 86%, against 76.5% on Cyprus. The EUR/USD band of 0.6 to 1.5 is absent from the UK card we opened.
How do Orbex and Skilling price one lot?
Orbex Ultimate, on the 19 January 2026 account article, charges $5 per lot per round turn with spreads from 0.0, and the spreads table prints EURUSD as low as 0.0. Skilling Premium starts at $35 per million on most platforms. Its example turns 100,000 EUR/USD at 1.1025 into $3.85, applied on the open and the close, which is $7.70 at that rate. Skilling Limited is one CySEC firm, licence 357/18.
Credit Financier Invest (CFI) Ltd states that 76.5% of retail CFD accounts with that firm lose money. The schedules above are general information drawn from pages opened on 26 October 2026. They are not a personal recommendation to open, fund or close an account.