Financial
CFI Caps Off Record-Breaking 2024 with Unprecedented Q4 Performance, Surpassing $1.12 Trillion In Trading Volume

CFI Financial Group has concluded 2024 with record-breaking achievements, reinforcing its status as one of the fastest-growing online trading providers worldwide. With an all-time high in trading volumes, exponential growth in active clients and significant global expansion, CFI has set new industry benchmarks, solidifying its position as a dominant force in online trading.
Q4 2024: A Historic Finish to a Landmark Year
- Unprecedented Trading Volume: In Q4 2024, CFI shattered previous records, surpassing $1.12 trillion in trading volume, exceeding Q3’s $1.03 trillion. This milestone brings H2 2024’s total to a staggering $2.15 trillion, reflecting a 142% year-over-year increase from H2 2023.
- Surging Client Activity: Q4 saw a 27% increase from Q3 in active clients. New clients continued their rapid ascent, reinforcing CFI’s commitment to providing accessible and efficient trading solutions.
- Soaring Client Deposits & Transactions: Q4 saw a 39% increase in client funding, following a 31% jump in Q3, reflecting growing confidence in CFI’s offerings.
Strategic Expansion & Leadership Reinforcement in Q4
CFI’s relentless pursuit of global growth and leadership reinforcement was evident in Q4 with key expansions and executive appointments, including:
- Launch of CFI Financial Investment Company in Azerbaijan, marking the firm’s first licensed local presence in the region, with Ilgar Rustambayli appointed as CEO.
- Commencement of operations in South Africa, furthering CFI’s reach across continents, with Zihaad Israfil named CEO.
- Opening of CFI’s third UAE office in Sharjah following its second one in Abu Dhabi, strengthening the company’s regional presence and accessibility.
- Introduction of the CFI Rewards Program, offering exclusive incentives such as VIP experiences at global sporting events and unique client engagement opportunities.
- Appointment of Ahmad Khatib as Chief Business Development Officer and Ziad Melhem as Chief Marketing Officer, further strengthening CFI’s leadership team and positioning the company for continued strategic growth.
Industry-Leading Partnerships & Brand Expansion
- Official Online Trading Partner of MI Cape Town, connecting with cricket’s massive 2.5 billion-strong global audience.
- Exclusive “CFI Driven by Success” Celebration at Dubai’s Museum of the Future, featuring Global Brand Ambassador and seven-time Formula 1 World Champion Lewis Hamilton.
- Launch of the “Trading Transparency+” Program, an initiative dedicated to market education, trading realities and risk awareness, reinforcing CFI’s commitment to responsible trading.
2024: A Year of Unparalleled Success & Growth
- Total annual trading volume exceeding previous records, cementing CFI as an industry leader.
- A 120% year-over-year increase in new clients, reflecting traders and investors solid demand for the company’s services.
- Expansion into new markets, solidifying CFI’s international footprint and reputation as a top-tier financial institution.
- Technological advancements, including AI-driven trading tools and seamless platform integrations, enhancing the overall trading experience.
- New Global Brand Ambassador Lewis Hamilton, Seven-Time Formula 1 World Champion, aligning with the group’s unwavering pursuit of excellence, innovation and advocacy for diversity and inclusion.
- Strategic Regional Partnerships with the Department of Culture and Tourism – Abu Dhabi, including extended collaborations with NBA Abu Dhabi Games and UFC 308, as well as partnerships with FIBA WASL, the Khaleeji Zain 2024 GCC Cup and many more.
Looking Ahead to 2025
Building on this extraordinary year, CFI remains committed to sustained growth, technological innovation and expanding its reach in key markets. With new initiatives in the pipeline, CFI is poised to redefine excellence in the online trading industry in 2025 and beyond.
Financial
CFI Celebrated Women’s Month with Exclusive Suhoor Event

CFI Financial Group was honored to host last week a special Suhoor event in Dubai to celebrate Women’s Month and honor the incredible achievements of women in business and entrepreneurship. The exclusive event, which took place on March 13th, brought together a distinguished group of successful businesswomen, entrepreneurs, and media professionals for an inspiring evening designed to empower and connect women in the professional world.
The event featured a keynote by Carol Glynn, a renowned finance coach and chartered accountant, known for inspiring attendees to pursue sustainable careers and entrepreneurial efforts confidently. Glynn shared essential insights on empowering women to manage financial futures and advancing careers.
In addition to the keynote address, attendees were treated to a unique experience, as an illustrator designed personalized Ramadan keepsakes for each guest, adding a thoughtful and personal touch to the evening while celebrating the spirit of generosity during the holy month of Ramadan.
CFI remains committed to empowering women year-round by providing opportunities to grow, learn, and connect within their professional fields. This ongoing support helps women build sustainable careers and establish valuable networks, highlighting CFI’s dedication to fostering women’s advancement in business.
“We were thrilled to host this Suhoor event for Women’s Month and are proud to have fostered a space for learning and empowerment,” said Zarrin Baig, CFI’s Group Head of HR. “CFI is committed to financial literacy as a crucial tool for empowering women. We are grateful to our distinguished attendees for enriching our mission with their valuable insights, furthering our commitment to support women in their personal and professional growth, and building a more equitable future.”
The event was a resounding success, providing an evening of meaningful conversations, networking, and empowerment, reflecting CFI’s commitment to fostering an inclusive and supportive community for women.
Financial
RemotePass and Wafeq Partner to Automate Payroll and Accounting for UAE & KSA Businesses

RemotePass and Wafeq have partnered to fully automate payroll accounting for businesses in the UAE and KSA. This integration seamlessly syncs payroll and financial data from RemotePass to Wafeq’s accounting system in real-time, eliminating manual entry, reducing errors, and ensuring compliance.
The two-way native integration eliminates manual entry ensuring accurate, efficient payroll reconciliation for businesses in the UAE and KSA on both platforms, resulting in an 80% reduction in payroll and expenses processing time.
“We’re excited to partner with Wafeq; our integration enables businesses in the region to put payroll processing and financial data synchronization on autopilot, allowing them to focus on growing their business,” said Kamal Reggad, CEO of RemotePass.
A Shared Vision for Scaling Businesses
RemotePass and Wafeq provide localized platforms tailored for businesses in the Middle East, serving many shared clients and addressing the unique challenges faced by companies in the UAE and KSA.
Key Benefits of the Integration:
- Seamless integration – Payroll data from RemotePass is automatically reflected and categorized in Wafeq’s accounting platform providing real-time financial visibility and improved accuracy
- Error-Free Financial Records – Manual reconciliation and categorization errors are eliminated, ensuring payroll accuracy in financial reports.
- Time-Saving Automation – Finance teams no longer need to manually input payroll data, reducing administrative work.
Empowering Businesses with Financial Automation
By integrating two leading regional SaaS solutions, companies in the UAE and KSA can now better manage payroll and financial records with greater efficiency. This collaboration is a significant step toward simplifying payroll accounting and helping businesses scale with confidence.
“At Wafeq, we are committed to empowering businesses with seamless financial automation. Our partnership with RemotePass allows companies in the UAE and KSA to streamline payroll accounting effortlessly, reducing errors and saving valuable time. This integration is a game-changer for finance teams looking to enhance efficiency while staying fully compliant with local regulations.” said Maher Aoun, VP of Sales and Business Development, Wafeq.
Financial
Empowering Women in Finance: Charu Chanana’s Journey from Inspiration to Leadership at Saxo Bank

From being inspired by her father’s financial acumen to becoming the Chief Investment Strategist at Saxo Bank, Charu Chanana shares her journey of expertise, and advocacy for finance, which has traditionally been a male-dominated industry.
Read the full interview in the upcoming edition of Financial Integrator, featuring insights from leading women shaping the future of finance.
Charu:
My interest in finance was sparked at a young age, thanks to my father, who had a strong background in accounting and finance. Growing up in a family that valued financial discipline and planning, I was always curious about how money worked – both in personal finance and also on a larger economic scale.
However, I also saw a contrast within my extended family, where many were not as financially savvy. This gave me an early glimpse into how a lack of financial literacy – especially among women – limited their ability to make the choices they want and still secure their future. Witnessing these challenges firsthand fueled my passion for making finance more accessible and empowering others to take control of their financial well-being.
One of the most rewarding experiences has been seeing the tangible impact of my work – whether it’s helping investors navigate uncertain markets, guiding women to start their investment journeys, or breaking down complex financial concepts into actionable insights. Every time someone tells me, “Because of your insights, I made my first investment” or “I feel more confident about my financial future,” it reinforces why I chose this path.
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