In Q3 2024, CFI, an online trading provider, maintained strong momentum. The firm reported a trading volume of $1.03 trillion for the quarter, marking a 34.47% increase from Q2 2024 and a 129.4% rise year-over-year. This volume reflects CFI's recent strategic efforts aimed at meeting market demand.

CFI Active Accounts Grow 28%

CFI’s client base also grew substantially in Q3. Funded accounts increased by 45.93% compared to Q2, with a 128.75% rise from Q3 of the previous year. Additionally, active accounts rose by 28% this quarter and by 110% year-over-year. This growth points to CFI’s focus on client acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term and retention, supported by new client engagement initiatives.

“As we look ahead to Q4, we are focused on building on this momentum by further expanding our reach, enhancing our partnerships, and continuously exceeding our clients’ expectations,” Hisham Mansour, Co-Founder and Managing Director of CFI, said.

“Our strategic priorities remain centered on delivering unparalleled value and innovative trading solutions for our clients, and strengthening our position as a trusted online trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term partner for traders worldwide."

Expanding Global Brand Presence

During Q3, CFI strengthened its brand visibility through a series of partnerships. In collaboration with the Abu Dhabi Department of Culture and Tourism, CFI supported several local events, reinforcing its ties within the region.

Additionally, CFI served as an official partner for the USA Games in Abu Dhabi in July, expanding its involvement in international events. The company also announced seven-time Formula 1 World Champion Lewis Hamilton as its global brand ambassador, as reported by Finance Magnates.

Moreover, CFI’s sponsorship of UFC Fight Night boosted its global exposure in elite sports, while its renewed partnership with the Jordan Football Association underscored its commitment to regional sports development, with the Jordanian Pro League now branded as the "Jordanian Pro League - CFI."

CFI also made key moves to expand its market presence. It acquired AzFinance İnveŞtisiya Şirkəti, becoming the first international trading company to establish a regulated presence in Azerbaijan. In the UAE, CFI expanded its operations from Dubai to Abu Dhabi, strengthening its role as a leading online trading provider in the Emirates.