Cantor Fitzgerald Review
Cantor Fitzgerald is a global institutional dealer in US Treasuries and fixed income, not a retail broker. Its Chairman and CEO role passed to Brandon Lutnick in 2025.
Min Deposit
N/A
Spreads From
Not published, pricing is negotiated directly with institutional clients
Max Leverage
Not applicable to its institutional dealing business
Platforms
N/A
Pros
- Primary dealer status in US Treasuries, a role held by only a small group of firms
- Long, continuous operating history dating back to 1945
- Registered with the SEC, FINRA, and the FCA across its main units
- Documented, sustained response to the September 11 attacks, including years of paid support
Cons
- Built for institutions, not a broker retail traders can open an account with
- No published spreads, leverage, or minimum deposit, since it is not a retail product
- The FCA has warned of a cloned firm using the Cantor Fitzgerald name to scam people
- Leadership only changed hands in 2025, so its newest structure is still recent
Cantor Fitzgerald began in 1945 as a bond trading partnership in New York. On September 11, 2001, the firm lost 658 employees at its World Trade Center office, the largest loss suffered by any single employer that day. It later paid out about 180 million dollars over several years to support the families of those it lost.
Today Cantor Fitzgerald is a primary dealer in US government securities, alongside work in equities, fixed income, and investment banking. Its main US arm is registered with the SEC and FINRA, and its UK arm, Cantor Fitzgerald Europe, is authorized by the FCA. It serves banks, funds, and governments, not everyday retail traders.
Leadership changed in 2025 when longtime Chairman and CEO Howard Lutnick stepped down to become the United States Secretary of Commerce. His son Brandon Lutnick became Chairman and CEO. Separately, the FCA has warned that scammers have cloned the Cantor Fitzgerald name to target victims, so always confirm you are on the real firm's own site.
Max Leverage
Not applicable to its institutional dealing business
Spreads From
Not published, pricing is negotiated directly with institutional clients
Regulators
- SEC (USA)
- FINRA
- FCA (UK)
