CFI Commences Operations in South Africa with the Appointment of Zihaad Israfil as CEO

Cape Town, South Africa – December 4, 2024 – CFI Financial Group, a global leader in online trading services, has officially launched operations in South Africa. This expansion reinforces CFI’s mission to provide innovative, secure, and transparent online trading solutions to traders and investors worldwide.

Following its acquisition of a Category 1 Financial Service Provider (FSP) license from the Financial Sector Conduct Authority (FSCA) earlier this year, CFI Financial (PTY) LTD, the Group’s South African subsidiary, is now operational. South African traders can access advanced trading technology and a wide range of financial products.

Leadership Appointment

CFI proudly announces the appointment of Zihaad Israfil as CEO of CFI South Africa. With nearly 20 years of experience in financial markets, Zihaad brings exceptional leadership, sales, and trading expertise to the role. His proven track record in building high-performing teams and driving growth positions him as a transformative leader for CFI’s expansion into the South African market.

Hisham Mansour, Co-Founder and Managing Director of CFI Financial Group, stated:"Our entry into South Africa represents a significant milestone in CFI’s strategic vision for global growth. We are pleased to have Zihaad Israfil lead this initiative. His deep understanding of the trading landscape and dynamic leadership will ensure our success in this important market."

Zihaad Israfil shared his enthusiasm:"I am honored to join CFI and lead its South African operations. CFI’s commitment to excellence and innovation resonates deeply with the growing financial community in South Africa. I look forward to driving CFI’s mission of empowering traders through exceptional services and cutting-edge solutions."

Expanding CFI’s Global Footprint

Operating from Claremont, Cape Town, CFI South Africa serves as the Group’s base to deliver premium trading services. The expansion is part of CFI’s broader strategy to deepen its presence across Africa and build on recent global launches in Azerbaijan, Egypt, Kuwait, Oman, and Palestine.

South Africa, as the continent’s leading hub for online trading, provides the ideal platform for CFI to solidify its position as a market leader.

About CFI

CFI Financial Group has over 25 years of experience as a leading online trading broker, specializing in equities, currencies, and commodities. The Group is renowned for its highly competitive trading conditions, including zero-pip spreads and no commission fees. CFI is an innovator in AI-driven trading tools and applications.

Key highlights:

• Operates in global financial hubs such as London, Abu Dhabi, Dubai, Cape Town, and Cairo.
• Partners with elite sports teams, including AC Milan and FIBA WASL.
• Sir Lewis Hamilton, Seven-Time Formula One™ World Champion, serves as their Global Brand Ambassador.
• Actively supports community engagement and cultural initiatives, including collaborations with the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi).

CFI’s entry into South Africa underscores its strategic vision to empower traders across every market it serves.

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Social Media Post

CFI Financial Launches in South Africa

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