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Infinox Review 2023 – Is it a good broker or not?


General Information

Broker Name:INFINOX
Broker Type:CFD Broker
Country:United Kingdom
Operating since Year:2009
Regulation:FCA, 501057
Address:20 Birchin Ln, Langbourn, London EC3V 9DU, UK
Broker Status:Regulated
Customer Service
Phone:0-800-060-8744
Email:[email protected]
Languages:English, Arabic, Italian, Portugues
Availability:24/5
Trading
Trading Platforms:IXO, MT4, CQG Desktop, ZuluTrade
Trading Platform(s) Timezone:GMT+2
Demo Account:Yes
Mobile Trading:Yes
Web-based Trading:Yes
Bonuses:N/A
Other Trading Instruments:Currencies, Indices, Commodities, Cryptocurrencies, Equities CFD, Futures
Account
Minimum Deposit ($):1 USD
Maximum Leverage: (1:?)1:300
Spread:Floating
Scalping Allowed:Yes

With all the buzz about trading brokers, it is challenging to find one that ticks off all the items in one’s list of an ideal broker. Is Infinox going to be one of those brokers that disappoint, or will it make the cut?

Some background info: Infinox joined the brokering party in 2009, which was a decade ago, which means it has endured long years of market ups and downs, probably seeing the best and worst of traders and the markets.

This broker brags about its excellent reputation on review websites, such as Trust Pilot. According to some reviews, traders experience the best treatment here, with the clients treated as individual people with specific needs rather than just a statistic in their clientele.

More importantly, this broker boasts the growth and tech development it experienced over the years. Is this legitimate, or should we take it with a grain of salt? Let’s get more information about it, shall we?

Infinox Regulation and Registration

We get right into the most crucial piece of info about this broker: Is Infinox regulated? Yes, it is. Infinox is a brand from Infinox Capital Ltd, which is registered in the United Kingdom. Check its address at Birchin Court, 20 Birchin Lane, London.

It’s regulated by the Financial Conduct Authority, with the registration number 501057. For the unacquainted, the FCA is one of the most trusted financial authorities around the world. So, is this broker safe?

If a broker is regulated by one of the most trusted regulators around the world, it is almost surely safe. So, the quick answer is yes. Infinox’s registration details and commitment to negative balance protection can be verified through Companies House, providing traders with additional peace of mind.

But of course, checking other aspects of the broker is a must. Automated trading and copy trading are features that some traders find essential in a broker. Does Infinox offer these services?

Products to Trade

Infinox offers a wide variety of trading products. Of course, they got the main stars of the trading world:

  • Forex
  • Indices
  • Commodities
  • Cryptocurrencies
  • Equity CFDs
  • Futures

Infinox is primarily a forex and CFDs broker. It has more than 49 currencies traders can trade anytime. It is open 24 hours a day for five days per week, accessing the $5 trillion market.

It’s got floating spreads, but typical spreads range from 0.3 to 0.6, while leverage ranges from 1:20 to 1:30.

Its equities CFDs also have very competitive specs. Traders can trade CFDs on the most popular stocks in the market, including Google and Facebook. Another great thing about CFDs is that you can go long or short anytime to speculate on price movements.

But the company is also quick to remind the trader that CFDs are hazardous instruments. That means you can lose your money in a snap. You better heed this advice and hit the books first before you invest in CFDs.

Trading Platforms

If there is one area where Infinox tries to distinguish itself from other brokers, it is the trading platform.

Infinox offers the following platforms:

 

  • IX ONE
  • IX SOCIAL
  • METATRADER 4 (MT4)
  • METATRADER 5 (MT5)

IX one platform

  • Trade all your favorite instruments with multi-asset trading.
  • Enjoy easy transactions and low fees for deposits, trades, and withdrawals.
  • Access IX One on the go with mobile and web-friendly platforms.
  • Customize your dashboard with 40+ widgets to suit your preferences.
  • Utilize charting options with over 120 indicators and gain insights from expert analyses for better trading performance. Receive on-hand customer support whenever needed.

IX SOCIAL platform

  • Automated copy trading: Follow successful pro traders worldwide, copy their trades, and earn similar results.
  • Social trading: Join a live global community of like-minded traders and engage with them.
  • Live track records: Access pro traders’ performance history, win ratio, and average ROI.
  • Risk management: Utilize beginner-friendly tools to manage risk, including drawdown levels and stop levels.
  • Discover working strategies and be a part of a fast-growing trading community.

MetaTrader 4 – MT4 platform

  • Advanced charting: MT4 provides interactive charts and trading tools for any trading strategy complexity.
  • Technical analysis: Access 30 built-in indicators, analytical objects, pending orders, and multiple time frames.
  • One-click trading: Execute trades with a single click, optimizing order execution speed.
  • Algorithmic trading: Analyze and execute trades with Expert Advisors (EA), automating trading activities.
  • Utilize MT4’s comprehensive features for technical analysis and algorithmic trading with ease.

MetaTrader 5 – MT5 platform

  • Flexible trading: Choose between netting and hedging order accounting systems, and multiple execution modes.
  • Technical analysis: Access 38 built-in indicators, market depth, 6 pending orders, and 21 time frames.
  • Fundamental analysis: Utilize the economic calendar with macroeconomic indicators and news reports.
  • Virtual hosting (VPS): Run robots without disruption on a remote server for seamless operation.
  • Benefit from a wide range of trading options, comprehensive technical analysis tools, and virtual hosting for smooth trading experiences with MT5.

Infinox Account Types

There are various account types that Infinox customers can expect. Let’s get more info in the sheet below:

 

Account Type STP Account ECN Account
Spreads Starting from 0.9 Starting from 0.2
Leverage Up to 1:1000 leverage Up to 1:1000 leverage
Commission Starting from 0 GBP/0 EUR/0 USD/0 AUD Starting from 3 GBP/3 EUR/3 USD/3 AUD
Minimum Trade Size Starting from 0.01 Starting from 0.01
Primary Account Yes No
Sub-accounts Yes Yes

Research and Educational Materials

Of course, a good broker is not a good broker if it does not help its clients learn about the ins and outs of the trade.

Infinox provides learning materials on its website. It has some articles and blogs that help traders keep up with the latest moves in the market.

It also provides some explainer-types of blogs that teach traders the very basics of trading, from spreads to the workings of CFDs.

Now, these days, these educational materials are becoming among the most important offerings of brokers. We have seen many different websites before, and many of those are revamping their research offerings.

Infinox has a pretty decent amount of learning materials, but they are in no way setting Infinox apart from other brokers. Perhaps we’re going to see some additions to this department from Infinox.

Spreads Starting and Wide Range

To keep things objective, we also scoured many of the reviews given by users to Infinox. This broker holds a whopping 86% excellent rating on Trust Pilot. That is something of an extraordinary feat. It means that a substantial majority of traders find this broker to be a perfect one.

Negative Balance Protection and Companies House

But we have also checked the few complaints regarding it, and we found a recurring one: some reviewers claim that Infinox “doesn’t like profitable traders.”

According to one account, the trader was doing news trading and had made a pretty large amount of profit out of it. The crux of the matter is that Infinox accused the trader of using “latency arbitrage,” which was a breach of the broker’s terms and conditions.

The trader alleges that Infinox does not want him to continue profiting, so it forced him to withdraw his money and close his account.

Given that this complaint only made up 5% of all the reviews on the broker, it is easy to see that it may have been an isolated case and that Infinox may have a pretty solid stand on the issue.

Still, this could serve as a good reminder for traders that, regulated or not, brokers’ terms and conditions should be read carefully and dissected to know whether a potential conflict of interest could arise.

Customer Service

Infinox also offers fantastic customer support. Here’s how you can reach them:

  • Email: [email protected]
  • Contact form on the official infinox.com website
  • Ix Social media accounts
  • Live chat

 Infinox Review Summary: Is it Good?

The INFINOX brand is a licensed broker, regulated by the UK financial conduct authority FCA. With the extremely positive feedback from most traders, as well as the platform features and superb trading conditions this broker offers, it’s easy to see that Infinox is among those on top of their brokerage game.

Traders ought to check out this broker not only for its reputation but also for the unique features and diverse payment methods it offers, including the convenience of bank transfer. With the years under its belt, it’s also very likely that it will continue innovating its services. And we’re going to see more from them in the future.

Still, it pays to perform your due diligence and do some research of your own into this broker. Overall, this broker is among the good ones and you should consider it. For the minimum deposit of only $1 you can start trading upon finishing registration.  For additional information, visit the Infinox.com review official page!

FAQs About Infinox – Your Ideal Forex Broker?

1. What is Infinox, and how long has it been in the market?

Infinox is a brokerage firm that entered the market in 2009. With over a decade of experience, it has witnessed various market fluctuations and gained insights into the trading world.

2. Is Infinox considered a reputable broker?

Yes, Infinox has earned an excellent reputation on review platforms like Trust Pilot. Traders often highlight the broker’s personalized approach to clients, treating them as individuals with specific needs rather than mere statistics.

3. Is Infinox regulated, and is it safe to trade with them?

Infinox is regulated by the Financial Conduct Authority (FCA) in the United Kingdom, which is a highly trusted financial authority worldwide. Trading with a regulated broker like Infinox provides added security and peace of mind.

4. What trading products are available at Infinox?

Infinox offers a diverse range of trading products, including Forex, Indices, Commodities, Cryptocurrencies, Equity CFDs, and Futures. It specializes in currency pairs trading and CFD trading with tight spreads and leverage options.

5. What trading platforms does Infinox provide?

Infinox offers several trading platforms, including IX ONE, IX SOCIAL, MetaTrader 4 (MT4), and MetaTrader 5 (MT5). These platforms offer various features, including charting options, technical analysis tools, and social trading capabilities.

6. What types of accounts does Infinox offer, and what are their features?

Infinox provides two primary account types: STP Account and ECN Account. These accounts differ in terms of spreads, leverage, commission, and minimum trade size. Additionally, Infinox offers sub-accounts for greater flexibility.

7. Does Infinox offer educational resources for traders?

Yes, Infinox provides learning materials, including articles and blogs, to help traders learn about trading concepts and market developments. While the educational offerings are useful, they are not particularly unique compared to other brokers.

8. How do traders rate Infinox?

Infinox has received an impressive 86% excellent rating on Trust Pilot, indicating that the majority of traders have a positive experience with the broker.

9. Does Infinox have negative balance protection?

Yes, Infinox is committed to negative balance protection, providing an additional layer of security for traders.

In case you have any issues regarding your funds, contact the financial services compensation scheme.

10. How can I contact Infinox’s customer support?

You can reach Infinox’s customer support through email at [email protected] or by using the contact form on their official website. They are also active on social media.

11. Is Infinox recommended for traders?

Infinox is generally well-regarded by traders due to its positive reputation, platform features, and trading conditions. However, it’s always advisable for traders to conduct their research and due diligence when choosing a broker.

12. Where can I find more information about Infinox?

For additional information about Infinox, visit the official Infinox.com review page and explore their services and offerings in detail.

 

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Comments Rating 1.98 (318 reviews)


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