CFI caps off record-breaking 2024 with unprecedented Q4 performance

CFI Financial Group has concluded 2024 with record-breaking achievements, reinforcing its status as one of the fastest-growing online trading providers worldwide. With an all-time high in trading volumes, exponential growth in active clients, and significant global expansion, CFI has set new industry benchmarks, solidifying its position as a dominant force in online trading.

A historic finish to a landmark year

Unprecedented trading volume: In the fourth quarter of 2024, CFI shattered previous records, surpassing $1.12 trillion (Dh4.11 trillion) in trading volume, exceeding the third quarter’s $1.03 trillion. This milestone brings 2024 second half’s total to a staggering $2.15 trillion, reflecting a 142 per cent year-on-year increase from the second half of 2023.

Surging client activity: The fourth quarter saw a 27 per cent increase from the third quarter in active clients. New clients continued their rapid ascent, reinforcing CFI’s commitment to providing accessible and efficient trading solutions.

Soaring client deposits and transactions: The fourth quarter saw a 39 per cent increase in client funding, following a 31 per cent jump in the third quarter, reflecting growing confidence in CFI’s offerings.

Strategic expansion and leadership reinforcement

CFI’s relentless pursuit of global growth and leadership reinforcement was evident in the fourth quarter with key expansions and executive appointments.

CFI launched CFI Financial Investment Company in Azerbaijan, marking the firm’s first licensed local presence in the region, with Ilgar Rustambayli appointed as the CEO. It commenced operations in South Africa, furthering its reach across continents, with Zihaad Israfil named the CEO.

In the fourth quarter, the company opened CFI’s third UAE office in Sharjah following its second one in Abu Dhabi, strengthening its regional presence and accessibility.

It also introduced the CFI Rewards Programme, offering exclusive incentives such as VIP experiences at global sporting events and unique client engagement opportunities.

During the fourth quarter, CFI further strengthened its leadership team with the appointment of Ahmad Khatib as Chief Business Development Officer and Ziad Melhem as Chief Marketing Officer, positioning the company for continued strategic growth.

Industry-leading partnerships and brand expansion

In the fourth quarter, CFI became the official Online Trading Partner of MI Cape Town, connecting with cricket’s massive 2.5-billion-strong global audience. CFI also held an exclusive CFI Driven by Success Celebration at Dubai’s Museum of the Future, featuring Global Brand Ambassador and seven-time Formula 1 World Champion, Lewis Hamilton. The company launched the Trading Transparency+ Program, an initiative dedicated to market education, trading realities, and risk awareness, reinforcing CFI’s commitment to responsible trading.

2024: A year of unparalleled success and growth

●             Total annual trading volume exceeding previous records, cementing CFI as an industry leader

●             A 120 per cent year-on-year increase in new clients, reflecting traders and investors solid demand for the company’s services

●             Expansion into new markets, solidifying CFI’s international footprint and reputation as a top-tier financial institution

●             Technological advancements, including AI-driven trading tools and seamless platform integrations, enhancing the overall trading experience

●             New global brand ambassador Lewis Hamilton, Seven-Time Formula 1 World Champion, aligning with the group’s pursuit of excellence, innovation, and advocacy for diversity and inclusion

●             Strategic regional partnerships with the Department of Culture and Tourism – Abu Dhabi, including extended collaborations with NBA Abu Dhabi Games and UFC 308, as well as partnerships with FIBA WASL, the Khaleeji Zain 2024 GCC Cup and many more

The future

Building on the extraordinary 2024, CFI remains committed to sustained growth, technological innovation, and expanding its reach in key markets. With new initiatives in the pipeline, CFI is poised to redefine excellence in the online trading industry in 2025 and beyond.