The CFI Financial Group, a world leader in the electronic negotiation, announced that the company has received regulatory authorization from Colombian financial supervision (SFC) to proceed with the creation of a representative office in Colombia. The company said this step marks a key milestone in CFI’s strategy to expand its regulated presence in high -potential markets worldwide.
With the recently obtained license, the CFI has been approved for the creation of its office in Bogota, where the activities will focus on market awareness and advertising efforts for approved products, while operating in accordance with the highest standards of compliance with local regulations. Once it operates, the office will focus on supporting CFI customers in Colombia by providing immediate access to global markets. Through award -winning platforms, advanced marketing tools and dedicated educational resources, CFI aims to strengthen traders and investors with fast, secure and transparent commercial experiences adapted to the local market.
Colombia has become a popular landing point recently for world brokers CFDs who want to expand to the Latam area. We recently mentioned similar moves made by Plus500 and Acy Securities.
Ziad Melhem, CEO of CFI Financial Group, said,
“Colombia represents a strategic milestone in our global expansion and reflects our commitment to operate closer to the markets in which our customers are. This authorization allows us to provide local products, stronger support and a more linked experience, while higher regulatory standards.”
This move reinforces the CFI footprint in Latin America and is based on the team’s recent extensions throughout South Africa, Azerbaijan and Bahrain, demonstrating its focus on the responsible development and sustainable solutions that focus on customers.
For the cfi
The CFI Financial Group, founded in 1998, is Mena’s leading trade broker with over 25 years of experience. Operating from basic locations such as London, Abu Dhabi, Dubai, Cape Town, Baku, Beirut, Amman and Cairo, CFI provides uninterrupted access to both world and local markets. Offering a variety of trading options between shares, coins, goods and others, CFI offers higher conditions, including zero -tables, supply fees and extremely rapid execution.
The company is a leader in AI -based tools, offering intuitive and advanced solutions for traders of all levels of experience. The CFI enhances economic education through multilingual educational content and inspires excellence through collaborations with global images such as AC Milan, FIBA WASL and the Mi Cape Town Cricket team, as well as the Department of Culture and Tourism – Abu Dhabi. With Formula One Formula One Sir Lewis Hamilton as ambassador of the world brand, CFI reflects a common commitment to innovation and success, while supporting cultural and community initiatives worldwide.