CFI, the leading online trading provider in the region, has shown remarkable momentum in Q2 2024, achieving unprecedented milestones and setting new records. The accomplishments of this quarter highlight CFI’s dedication to excellence, innovation, and significant growth across all aspects of its operations.
One of the key highlights of Q2 2024 was CFI’s record-breaking performance, where the company set a new volume record of $766 billion. This marked a 37 per cent growth from Q1 2024 and a staggering 139 per cent increase from Q2 2023. The outstanding performance showcased CFI’s ability to attract and retain clients in a highly competitive market, demonstrating strong market presence and customer loyalty.
Furthermore, CFI experienced a 98 per cent growth in active clients and a 135 per cent increase in new clients compared to Q2 2023. These impressive figures reflect CFI’s expanding influence and the effectiveness of its growth strategies. The company’s global reach has also been enhanced through key partnerships.
CFI’s global influence continues to grow through strategic partnerships, including collaborations with Seven-Time Formula 1™ World Champion Lewis Hamilton as a global brand ambassador. The company also partnered with FIBA WASL, supported by a strategic agreement with the Department of Culture and Tourism (DCT) in Abu Dhabi, highlighting its commitment to community engagement and cultural enrichment.
In addition to strategic partnerships, CFI unveiled a series of high-profile advertising agreements with leading MENA commercial airlines and integrated with the TradingView platform, demonstrating significant advancements in providing clients with exceptional trading platforms and innovative features. The company’s commitment to sports development and international collaboration was also showcased through an extended partnership with AC Milan.
In terms of market expansion, CFI made strategic investments by acquiring AzFinance İnveŞtisiya Şirkəti in Azerbaijan, becoming the first international trading company to establish a local regulated presence there. This acquisition emphasizes CFI’s commitment to serving local markets, offering a comprehensive range of trading products, and contributing to Azerbaijan’s economic growth.
Looking forward, Hisham Mansour, co-founder, and managing director of CFI, expressed optimism about the company’s future, stating that the record-breaking Q2 results are a testament to their dedication to innovation and client empowerment. With strategic expansions, key partnerships, and continued investment in technology, CFI is well-positioned to meet the evolving needs of traders worldwide and solidify its position as a global leader in the trading industry.
