Infinox review

Infinox

Infinox

www.infinox.co.uk

  • Leverage: 1:30 | 1:200

  • Regulation: FCA, SCB, FSCA, FSC

  • Min. Deposit: 100 US$

  • HQ: UK

  • Platforms: MT4, IXO

  • Found in: 2009

Infinox Licenses

INFINOX CAPITAL Ltd - authorized by FCA (UK) registration no. 501057. INFINOX is authorised and regulated by The Securities Commission of the Bahamas ('the SCB') under Registration Number SIA F-188 and operates under the rules and regulation of the Bahamas, Financial Sector Conduct Authority (FSCA) and the Financial Services Commission (FCS).

Top 3 Forex Brokers

  1. What is Infinox?
  2. Infinox Bank Pros and Cons
  3. Awards
  4. Is Infinox safe or a scam?
  5. Leverage
  6. Accounts
  7. Instruments
  8. Fees
  9. Spreads
  10. Deposits and Withdrawals
  11. Trading Platform
  12. Customer Support
  13. Education
  14. Conclusion

What is Infinox?

INFINOX was formed in 2009 with an approach to offer trading solutions and focus on ultimate trading technology while each client treated fairly as a unique trader, not an account member only.

Before launching an own brand, Infinox received a license for the Vantage FX and afterward, while building a reputation, the GO brand. Further, in 2016 broker understood the only way to continue is to provide clients with a market leading technology and authentic service by own individual brand, therefore now Infinox exclusively branded worldwide.

Nowadays, the broker continues its growth and while headquarters in the UK, also offering international proposals via its entity in the Bahamas.

Infinox Pros and Cons

Infinox is a reliable broker with FCA license, good trading platform and technical solution, numerous instruments including social trading and spreads rather low.

On the other hand, international trading is done via offshore entity so proposals are different, also beginning traders may lack of comprehensive education courses there is no proper education or good research tools.

Infinox website

10 Points Summary
🏢 HeadquartersUK
🗺️ RegulationFCA, SCB, FSCA, FSC
📉 Instruments50+ fx pairs, gold, silver, oil, global Top 10 indices and Futures
🖥 Platforms MT4, MT5, CQG, IX Social
💰 EUR/USD Spread1.1 pips
🎮 Demo AccountProvided
💰 Base currenciesEUR, USD, GBP, AUD, JPY
💳 Minimum deposit100$
📚 EducationEducation included
☎ Customer Support24/5

Awards

Along the years of operation, Infinox showed not only its growth and expansion but also gained valuable recognition from numerous authorities and expeditions of the industry.

Infinox awards

Is Infinox safe or a scam

No, Infinox is not a scam but a FCA regulated broker with low-risk Forex and CFDs environment in the entity.

Is Infinox legit?

This is truly the most crucial question you should ask before you check the broker. And the good news that yes, Infinox is legit and regulated.

Infinox Capital lts is an international company recognized as Forex Broker headquartered in London and fully authorized and regulated by the Financial Conduct Authority (FCA).

In addition, to cover international proposal Infinox opened an entity in Bahamas which is authorized by the local SCB. Even though, we do not recommend trading with solely offshore brokers due to lack of serious regulation in those jurisdictions, together with FCA regulation Infinox considered a safe broker.

Infinox license

How are you protected?

Overall, the regulatory status in reputable jurisdiction means particularly to you as trader compliance to the security of funds and the overall trading process. Firstly, since transparent pricing and execution is always at the front of the business, Infinox greatly increased real-time data visibility, combined with instant deposits and withdrawals.

Secondly, the Financial Services Compensation Scheme (FSCS), the UK’s statutory deposit insurance, covers deposits up to £85,000, and negative balance protection ensures traders cannot lose more than they deposit. It has also taken out an additional insurance policy of up to £500,000 per client, underwritten by QBE Underwriting Limited and other participating syndicates at Lloyd’s of London. INFINOX is also registered under the Commonwealth of the Bahamas. It is authorised and regulated by the Securities Commission of the Bahamas (‘the SCB’). INFINOX offers $1,000,000 USD insurance. The insurance policy became effective 1 May, 2020 and will continue until 30 April, 2021. Up to USD $1,000,000 per Claimant, subject to an in accordance with the limits and the terms and conditions of the Policy.

Leverage

  • Infinox as a UK based broker, which complies with the respected authority FCA offering leverage up to 1:30 for major currency pairs, 1:20 for minor currencies and 1:10 for commodities available for European or UK traders
  • However, an international proposal with SCB guidance allowing higher level up to 1:200

Indeed, before all traders would know much higher leverage levels, yet a recent update from the European authorities significantly lower the possible levels due to risks involved. The use of leverage can magnify gains but you should always remember that losses can also exceed your initial deposit.

So it is highly recommended recommend to use the tool smartly and read carefully how to set up correct leverage to a particular instrument or trading strategy, while you are trading especially with the international proposal of Infinox.

Infinox spread

Account types

INFINOX offers a choice of three accounts optimized for performance and allows unlimited use of EAs and APIs while diverse by the platform and execution model.

The account types themselves are Social, MT4 and MT5 STP, and MT4 & MT5 ECN remaining at your choice. All accounts are featured with flexible leverage, prices quoted directly from Tier 1 global financial institutions.

One of the main distinction from instant execution is that a broker doesn’t reject a client’s request in case of price change, but fills the order with the current price.

How to open your account

Infinox account open

Instruments

Current offering for the Instruments you can trade via Infinox includes 50+ fx pairs, gold, silver, oil, global Top 10 indices and Futures by dealing desk neutral, direct real-time access to markets available through STP or ECN accounts, as well at the platform you select to use.

Infinox instrumets

Fees

Infinox fees depending on the account type you select and Conditions may vary according to entity. The differences between the trading conditions of each account may propose a slightly different performance, due to the execution type and the software you choose. Below we will cover more details of each for your better understanding.

FeesInfinox FeesRoyal Financial Trading FeesBDSwiss Fees
Deposit feeNoNoNo
Withdrawal feeNoNoNo
Inactivity feeYesYesYes
Fee rankingLowLowAverage

Spread

Infinox ECN Account offers institutional grade spreads starting from 0.4 pips with a fixed commission fee of 7.5$ per 100k. Where, the minimum trading lot is 0.1 and now also does not require a minimum deposit, which is an ideal choice for professional traders or advanced traders as well.

Infinox STP Account would be a good option for the traders of regular size, yet it still offering tight spreads from 1.2 pips, with no commission added, all costs are already in the spread and accompanied with direct access with fast execution.

For instance see below a table with typical Infinox spreads for MT4 STP account as we take it for reference as a Standard, as we list as a part of Infinox Review, as well you can compare fees to another UK broker PhillipCapital.

Asset/ PairInfinox SpreadRoyal Financial Trading SpreadBDSwiss Spread
EUR USD Spread1.3 pips1.4 pips1.5 pips
Crude Oil WTI Spread4.746
BTC USD Spread27.6950.52000

Snapshot of Royal Financial Trading spreads

Infinox spreads

Deposits and Withdrawals

Deposit options

So once you sign up an account, you’ll be able to deposit and withdraw funds through different payment methods, which include bank transfer, debit and credit card, Skrill, Neteller and China Union Pay, among others.

Yet be sure to verify conditions in your particular entity and jurisdictions for its availability and terms.

Infinox minimum deposit

The minimum deposit amount is 1$ which is a great opportunity for beginning traders and professional ones as well to join with the amount you, as a trader wish to work with.

Infinox minimum deposit vs other brokers

Infinox Most Other Brokers
Minimum Deposit $1 $500

Withdrawals

Infinox withdrawal requests processed quickly, once the online submit form is completed the funds will be sent to you shortly. Infinox does not charge additional fees for deposits and withdrawals, while you have to remunerate only you own charges waved by the payment provider.

Infinox payment

Trading Platforms

One of the main broker’s strives is technology speed, efficiency and reliability as we notice doing the Infinox review.

Infinox partnership with Equinix, the world leader in trading server technology, which gives a technical advantage over the competition, along with a next-gen pricing technology, which connects deep liquidity pools to the client’s MT4 or Mt5 platforms.

ProsCons
Fast digital deposits, including Credit Card, Debit Card, Electronic WalletNone
Various currencies
Low deposit requirement
No deposit fee
Withdrawals free of charge

Desktop platform

In addition to platforms that you can select including MT4, MT5, CQG and IX Social, the execution performed Straight through Processing (STP), where each featuring either STP or ECN environment or specified tools you may be in need to use.

With the choice of industry-leading powerful platforms, INFINOX  offers, they are available as desktop and smartphone versions. All platforms deliver speedy transactions, using the latest cloud acceleration and content delivery networks to connect data feeds and enable trade processing.

CQG Desktop will be a good selection to try too, as it includes good visualization and data tools, also offering some of the best analysis and software features for manual or automated trading.

IX Social App

The app gives you a chance to engage with other traders auto copy their trades but also win commissions if you share your strategies.

Web Platform

As well MT4 together with IX Social allows to trade from any browser and operating system by either Metatrader 4 Web version or right from your mobile device, which has all the advantages of the native solution.

An additional feature is an Infinox MT4 VPS, which allows the use of virtual environments to run MT4 EAs non-stop 24 hours.

VPS is always online, regardless of connectivity and is an absolute cutting-edge technology for the professional trade. The broker offering low cost by month subscriptions or free VPS for the trade volumes above 10 lots/month.

Infinox platform

Customer Support

Customer support is available 24/5 in various languages t ease the communication, as well offering Live chat, phone lines or email support. All in all we Infinox Review support at a good level, which is also important.

Education

Going more deep into the Infinox offering, the broker is constantly increasing a range of tools, analytics and webinars that allow seamless trade, which is always great. Even though we didn’t find in Infinox Review courses necessary for deep learning of very beginning traders, there are fantastic analytical tools and research available for all.

Infinox even went deeper and offering its own project IX Intel with articles and an overview of the recent market situation through professional analysis. Besides, platforms including a good range of tools and inbuilt news, analysis along with social trading capabilities.

Infinox learning

Conclusion

Overall, Infinox provides reliable online trading services and vast quality trading services. Being regulated by the FCA broker, with the strong support of numerous institutions Infinox provides advanced, progressive technological development which including transparency in executions, with no-requotes, fast speeds and an impressive variety of solutions. Also, Infinox mainly deals with clients on a long-term, personal, but commercially-focused relationship, with contributions in education, and clients’ performance enhancement.

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8 responses to “Infinox”

  1. Please are you in any way in any business relationship with Omegapro as claimed by the company. Omegapro claimed that you are their forex broker. Kindly clarify this claim by the company as they solicit for investment from clients worldwide.

  2. I have traded with Infinox for over 3 years, had an ECN account. Here are my concerns.
    1. Every deposit and withdrawal requires you send you bank account statement, which I feel is completely unnecessary given the account is “VERIFIED”
    2. This means it takes longer for deposits and withdrawals
    3. I experience system glitches…
    4. The Charts were loading slowly
    5. My account “Wallet” was not activated and thus could not withdraw funds (it took me 3 days of chasing them to get the “wallet” setup)
    6. The ECN pairs disappeared and the support team could not fix it.

    Overall, I am dissatisfied with the experience, there are many more brokers available in the market who can provide better service and I have moved my funds out of Infinox and will be sending asking them to close my account once my funds are returned.

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