FastBull BrokersView
Sign In

canfor

Newest

Popular

Is Canfor a trustworthy broker?
Mutegeki Das
Georgia
2026-08-07
ANSWER Dear Investor, Canfor is not a reliable trading platform. It has not provided any regulatory information, merely listing an address in Saint Lucia. Although we did locate an entity named Canfor Global Limited in the Saint Lucia International Financial Centre (IFC) registry, please be advised that this only signifies its incorporation as an International Business Company (IBC) and does not mean it holds any valid broker licenses. The Saint Lucia IFC does not regulate forex trading, nor does it issue licenses to forex brokers. Therefore, Canfor is highly likely to operate without oversight from any regulatory authority, which poses a significant risk. We strongly advise you to avoid engaging in any transactions with this platform until it obtains a valid broker license.
See more
How can I get in touch with customer service?
Raginmund Daalman
Jamaica
2022-11-15
ANSWER Canfor is not a licensed or regulated broker even though it states offers that look good to be true. Canfor claims to be a wealthy and reliable broker under strict regulations in Canada. As per relevant law, all forex brokers in Canada should be regulated by the Investment Industry Regulatory Organization of Canada (IIROC). However, we did not find any match results for this broker in IIROC.Besides, Canfor claims it has branch offices in the United Kingdom, Cyprus, and Singapore. As per this information, we did search several authorities, including:1) The UK Financial Conduct Authority (FCA);2) The Cyprus Securities and Exchange Commission (CySEC);3) The Monetary Authority of Singapore (MAS).But we did not find any match results for this broker in the above watchdogs' registries.The truth is, Canfor is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Canfor and trade with licensed brokers.
See more

Hot Topics

Most Viewed

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.