|Broker Type:||CFD Broker|
|Operating since Year:||2009|
|Address:||20 Birchin Ln, Langbourn, London EC3V 9DU, UK|
|Phone:||+44 (0) 20 3713 4490|
|Languages:||English, Arabic, Italian, Portugues|
|Trading Platforms:||IXO, MT4, CQG Desktop, ZuluTrade|
|Trading Platform(s) Timezone:||GMT+2|
|Other Trading Instruments:||Currencies, Indices, Commodities, Cryptocurrencies, Equities CFD, Futures|
|Minimum Deposit ($):||1 USD|
|Maximum Leverage: (1:?)||1:300|
NOTICE: Broker seems not to be active right now.
Introduction to Infinox Review
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?
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 brokers around the world.
So, is it safe?
Come on. 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.
But of course, checking other aspects of the broker is a must. Let’s dig deeper.
Products to Trade
Infinox offers a wide variety of trading products. Of course, they got the main stars of the trading world:
- Equity CFDs
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.
If there is one area where Infinox tries to distinguish itself from other brokers, it is the trading platform.
Infinox offers the industry-standard MetaTrader4 to all of its clients. But it does not end there. It also provides its proprietary trading platform, IXO, which offers additional features to professional traders.
Apart from IXO, Infinox also has the CQG desktop platform, a customizable product for traders.
As we’ve mentioned, the MT4 is the industry standard. That means millions of traders worldwide know what this platform is and what it does.
And because it’s open for everybody, its wide array of features and functions will fit the bill no matter what type of trader you are.
MT4 for Desktop and Mobile
The MT4 is easily accessible on any device, be it a desktop computer, laptop, or mobile device.
For those who prefer to use personal computers, the MT4 is available via WebTrader. Infinox makes sure you get the best features and comprehensive tools—from charting tools, timeframes, calendars, indicators, et cetera—with one click of the mouse.
MT4 for desktop is compatible with both Windows and macOS.
If you are not the sitting down type or you are merely always dashing around, you can install MT4 on mobile too.
It does not matter what kind of smartphone or tablet you are using. MT4 is compatible with both Android operating systems and iOS.
But why settle for the industry-standard if you can choose something that is much more targeted at your needs?
IXO is Infinox’s in-house trading platform.
It’s very intuitive, fast, and easy to use. It sports a modern interface that lets you feel like you are trading like a professional with style. The controls are straightforward, and the tools make it easier for you to manage your trades efficiently.
Traders can quickly love this offering not only for its simple layout but also for the effectiveness of the tools. The analysis is more straightforward and more accessible without compromising your trading speed.
But what’s the advantage of using a proprietary platform instead of the one that a million others use?
It is simple: brokers usually develop these platforms with the view to meet their clientele’s preferences. That means features are tailored to specific needs. It is like a custom-made outfit for you when you attend the Met Gala.
CQG Desktop Platform
But why stop with one or two offerings when you can offer a third one? That’s right. Infinox knows that traders cannot get enough of choices these days. So, they offer another platform.
CQG is a trading platform that does not require traders to install the software. They can access it on a desktop and start doing their trades.
It’s a web-based platform that offers market data, charting capabilities, and analytics, packed in one platform to give traders what they want.
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.
Potential Problem: Infinox Hates Winning Traders?
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.
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.
Infinox Review Summary: Is it Good?
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 it offers. 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 you should consider.
Get the latest economy news, trading news, and Forex news on Finance Brokerage. Check out our comprehensive trading education and list of best Forex brokers list here. If you are interested in following the latest news on the topic, please follow Finance Brokerage on Google News.