Infinox Review
INFINOX was founded in 2009 with a focus on trading solutions and ultimate trading technologywhile every client is treated as an individual trader and not an account member.
Broker: Infinox
Leverage: 1:30 | 1:200
Regulation: FCA, SCB, FSCA
Min. Deposit: 1 US$
HQ: UK
Platforms: MT4, OIXO
Found In: 2009
Official website: www.infinox.co.uk
Infinox Licences
INFINOX Capital Ltd. - Authorized by FCA UK (UK) registration number. 501057
INFINOX - Authorized by SCB (Bahamas), registration number SIA F-188
INFINOX Capital Ltd - Authorized by FSCA (SA), registration no 50506
What is Infinox?
Infinox was granted a Vantage FX license before launching its own brand. Then, Infinox launched the GO brand while building a strong reputation. Additionally, Infinox received a license for the Vantage FX before launching a brand. After establishing a reputation, Infinox launched the GO brand.
Today, the broker is growing and, while based in the UK with headquarters, offers international proposals through its Bahamas entity.
Overview
Infinox is a trusted broker with an FCA license. They have a good trading platform and technical solution. There are many instruments, including social trading, and spreads that are quite low.
But international trading happens via an offshore entity. Therefore, proposals can be different. Also, beginning traders might not have access to comprehensive education and good research tools.
Pros
Demo account and Islamic option offered
Member of FSCA
Powerful trading platforms supported
Retail, institutional, and professional accounts offered
Variable spreads offered
Well-regulated
Cons
Commissions are not the lowest
No US or Belgium Clients allowed
Spreads are not the tightest
Trading instruments are limited
Rating of the company overall
Reliability ⭐⭐⭐⭐⭐
Platform ⭐⭐⭐⭐⭐
Commissions ⭐⭐⭐
Support ⭐⭐⭐⭐
Financial instruments ⭐⭐⭐
RATING: 4.0
Awards
Infinox has been in operation for over a decade and has seen its expansion and growth. It also received valuable recognition from many authorities and expeditions within the industry.
Is Infinox a safe product or a fraud?
Infinox isn't a fraud, but it is a FCA-regulated broker that offers low-risk Forex trading and CFDs.
Is Infinox legal?
This is the most important question to ask before you verify the broker. The good news is that Infinox has been regulated and licensed.
Infinox Capital Ltd. is a Forex Broker with headquarters in London. It is fully licensed and regulated under the Financial Conduct Authority (FCA).
Infinox also opened an entity in Bahamas to handle international proposals. We don't recommend trading with only offshore brokers because of the lack of serious regulation. Infinox considers itself a safe broker.
What can you do to be protected?
The regulatory status in reputable countries means that you, as a trader, are responsible for the security and operation of your funds. Infinox has greatly improved real-time data visibility and instant withdrawals and deposits, in part because transparent pricing and execution are always at the forefront of the business.
Secondly, The Financial Services Compensation Scheme is the UK's statutory investment insurance. It covers deposits up to PS85,000 and provides negative balance protection so traders can not lose more than what they deposit. It also took out a additional insurance policy of PS500,000 per client. underwritten by QBE Underwriting Limited, and other participating syndicates of Lloyd's of London. INFINOX is also registered with the Commonwealth of the Bahamas. It is licensed and regulated under the Securities Commission of the Bahamas ("the SCB"). INFINOX provides $1,000,000 USD insurance. The policy was in effect from 1 May 2020, and will continue through 30 April 2021. The Policy allows for up to USD 1,000,000 per Claimant. This is subject to the policy's terms and conditions.
Does INFINOX Offer Leverage?
Infinox, a UK-based broker that complies with the respected authority FCA, offers leverage upto 1:30 for major currencies pairs, 1:20for minor currencies and 1:10for commoditiesavailable to European or UK traders
An international proposal with SCB (Learn more about SCB Regulated Blueberry Markets Guidance) allows for higher levels of up to 1:100
Although traders used to have much higher leverage levels before, the European authorities recently updated the limits due to the potential risks. While leverage can increase gains, it is important to remember that there are also possible losses.
It is strongly recommended that you use the tool wisely and carefully read about how to set up the correct leverage for a specific instrument or trading strategy while trading, especially with the international proposal from Infinox.
What accounts does INFINOX offer?
INFINOX provides three options foroptimized performance accounts. It allows unlimited access to EAs, APIs, and is independent by platform and execution model.
You can choose from Social or MT4 and/or MT5 STP account types, as well as MT4 & ECN remaining. All accounts feature flexible leverage and prices directly from Tier 1 global financial institution.
A broker does not reject a client’s request if the price changes, but fills the order at the current price. This is one of the major differences between instant execution and instant execution.
Does INFINOX Offer a Demo Account?
INFINOX offers a Demo account. This allows you to trade without risking losing your money. Demo accounts are a great way to get some practice before you start trading. Demo accounts are also beneficial for professional traders. Demo accounts allow professional traders to test new strategies.
Instruments
The current offering for instruments you can trade through Infinox is 50+ FX pairs, gold and silver, global Top 10 indexes, and Futures by-dealing desk neutral, direct real time access to markets via STP or ECN accounts as well as the platform you choose to use.
Fees
Infinox fees vary depending on which account type you choose. Conditions may differ according to entity. Due to the execution type and software used, the trading conditions for each account might offer slightly different results. We will provide more information below on each to help you better understand.
Spread
Infinox ECN account offers institutional-grade spreads starting at 0.4 pips with a fixed commission of 7.5$ for every 100k. The minimum trading lot is 0.1. There is no minimum deposit. This makes it an excellent choice for advanced traders and professional traders.
Infinox TP Account would be a good choice for traders with regular sizes. It offers tight spreads starting at 1.2 pip, with no commission, and all costs are included. You also get direct access to fast execution.
Below is an example of typical Infinox spreads on MT4 STP accounts. We list it as a Standard in Infinox Review. You can also compare fees with another broker BDSwiss.
Withdrawals and deposits
Options for deposit
Once you have created an account, you can deposit or withdraw funds using a variety of payment methods such as bank transfer and debit and credit cards, Skrill and Neteller, China Union Pay and Skrill.
However, you should verify the terms and conditions of your jurisdiction and entity.
Infinox minimum deposit
The minimum deposit is $1 which is great for both beginning and experienced traders.
Infinox minimum deposits vs. other brokers
Withdrawals
Infinox withdraw requests are processed quickly. Once the online submit form has been completed, the funds will be sent to your email address within a few hours. Infinox charges no additional fees for withdrawals. However, you will be charged only the service provider's charges.
Trade Platforms
As we noticed while reviewing Infinox, one of the main goals of the broker's is technology speed and efficiency.
Infinox's partnership with Equinix is a world leader in trading server technology. This gives Infinox a technical edge over the competition and a next-gen pricing tech that connects deep liquidity pools with clients' MT4 and Mt5 platforms.
Desktop platform
You can choose from a variety of platforms, including MT4, MT5, CQG, and IX Social. The execution is performed Straight through Processing (STP), with each platform featuring either STP/ECN environment or specific tools that you might need.
INFINOX offers a range of powerful platforms that are industry-leading. They are available in desktop and smartphone versions. All platforms offer fast transactions by utilizing the latest cloud acceleration technology and content delivery networks to connect data feeds, enabling trade processing.
CQG Desktop is a great choice. It includes excellent visualization and data tools as well as software features that allow for automated or manual trading.
IX Social App
You can engage with other traders and copy their trades, but you also get commissions if they share your strategies.
Web Platform
MT4 and IX Social allow you to trade from any browser or operating system using Metatrader 4 Web Version or from your mobile device. This gives you all the benefits of the native solution.
A virtual environment that runs MT4 EAs continuously 24 hours a day is another feature of the Infinox MT4 Virtual Server.
VPS is available 24/7, no matter where you are connected. It is a cutting-edge technology that allows professional traders to trade online. Broker offering monthly subscriptions at a low price and free VPS for trade volumes exceeding 10 lots per month.
Customer Support
To make communication easier, customer support is available 24/7 in several languages. Overall, we find Infinox Review support to be of a high standard.
Education
The broker has a wide range of tools, analytics, and webinars that enable seamless trades. This is a great. Although we couldn't find any Infinox Review courses that were required for advanced trading knowledge, there are great analytical tools and research for everyone.
Infinox went further and offered its own project IX Intel, which included articles and a professional analysis of the market. Platforms include a variety of tools, inbuilt news analysis, and social trading capabilities.
Conclusion
Infinox offers reliable online trading services and a wide range of quality trading services. Infinox is a FCA broker and offers advanced technological development with the support of many institutions. This includes transparencyin executions with no-requotes. It also provides fast speeds and a wide range of solutions. Infinox works with clients to establish long-term, personal and commercially-focused relationships. This includes contributions in education and client performance enhancement.