Infinox Review 2024
Website: www.infinox.co.uk
Min. Deposit: US$ 1
Leverage: 1:30 | 1:200
Trading Platforms: MT4, MT5
Regulation: FCA, SCB, FSCA, FSC
Headquarters: UK
Founded: 2009
Regulatory Licenses:
- INFINOX Capital Ltd - authorized by FCA (UK) registration no. 501057
- INFINOX Capital - authorized by SCB (Bahamas) registration no. SIA F-188
- INFINOX Capital Ltd SA - authorized by FSCA (SA) registration no. 50506
- INFINOX Limited - authorized by FSC (Mauritius) registration no. GB20025832
Updated on January 31, 2024
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In conducting this review, we utilize a thorough and comprehensive methodology, comparing Infinox against a range of criteria and against the offerings of over 1000 brokers. This method ensures we provide an unbiased and detailed review, covering aspects such as licensing, platform usability, trading conditions, and customer support, enabling us to give a rounded view of what traders can expect.
Infinox is a globally recognized Forex and CFD broker, regulated since 2009. Operating in more than 15 countries, it offers competitive trading conditions and premium client service worldwide. Headquartered in the UK, Infinox also extends its services internationally through its entities in the Bahamas, Mauritius, and South Africa, continuing its growth trajectory.
What Type of Broker is Infinox?
As a Forex and CFD broker, Infinox provides its clients with two main types of trading accounts: STP and ECN. Offering more than 45 currency pairs in Forex, alongside Equities, Indices, Commodities, and Futures, Infinox caters to a diverse range of trading preferences.
Pros
Infinox holds an FCA license, ensuring reliability.
Offers a robust trading platform and technical solutions.
Provides a wide range of instruments including social trading.
Features relatively low spreads.
Cons
International trading involves offshore entities, leading to varying proposals.
May not offer comprehensive education courses and tools for beginner traders.
Infinox Review Summary in 10 Points
Headquarters: UK
Regulation: FCA, SCB, FSCA, FSC
Instruments: 50+ fx pairs, gold, silver, oil, global Top 12 indices, and Futures
Platforms: MT4, MT5, CQG, IX Social
EUR/USD Spread: 1.3 pips
Demo Account: Provided
Base currencies: EUR, USD, GBP, AUD, JPY
Minimum deposit: $1
Education: Included
Customer Support: 24/5
Overall Infinox Ranking
Infinox is considered a commendable broker with safe and very favorable trading conditions, designed for both novice traders and professionals, and requires low initial deposit amounts. Its overall ranking is 8.0 out of 5, based on our testing and comparison with over 1000 brokers.
Throughout its years of operation, Infinox has not only demonstrated growth and expansion but has also earned valuable recognition from numerous industry authorities and exhibitions, highlighting its commitment to excellence.
Our expert research indicates that Infinox is not a scam but an FCA-regulated broker, offering a low-risk Forex and CFDs trading environment. With a headquarters in London, Infinox Capital is recognized internationally and is fully authorized and regulated by the Financial Conduct Authority (FCA). Additionally, to cater to international clients, Infinox has established an entity in the Bahamas, which is authorized by the local SCB. Although we generally advise caution with offshore brokers due to less stringent regulations, Infinox, with its FCA regulation, is considered a safe broker. Our ranked trust score for Infinox is 8.0 out of 5, acknowledging its good reputation, service, and reliable top-tier license. Regulatory standards and protection, however, may vary based on the entity.
How Are You Protected?
Regulatory status in reputable jurisdictions ensures compliance with the security of funds and the overall trading process. Infinox prioritizes transparent pricing and execution, significantly enhancing real-time data visibility along with instant deposits and withdrawals. The UK’s Financial Services Compensation Scheme (FSCS) covers deposits up to £85,000, and negative balance protection ensures traders cannot lose more than their deposited amount. Additionally, Infinox has secured an extra insurance policy of up to £500,000 per client, underwritten by QBE Underwriting Limited and other participating syndicates at Lloyd’s of London, providing an extra layer of security.
Through our comprehensive analysis, it was observed that Infinox, a UK-based brokerage, adheres to the stringent guidelines of the Financial Conduct Authority (FCA), offering leverage up to 1:30 for major currency pairs. For minor currencies, the leverage is set at 1:20, and for commodities, it's at 1:10 for traders based in Europe or the UK. Additionally, an international offering regulated by the SCB permits significantly higher leverage levels, reaching up to 1:200.
Infinox provides traders with a selection of three distinct account types, each optimized for performance and supporting unlimited use of Expert Advisors (EAs) and Application Programming Interfaces (APIs). These account categories include Social, MT4 and MT5 STP, and the MT4 & MT5 ECN accounts. Each account type offers flexible leverage and direct price quotes from Tier 1 global financial institutions. A key feature distinguishing Instant Execution accounts is the broker's commitment to not reject a client's order due to price changes, instead filling the order at the current market price.
How to Open an Account with Infinox ▲
Registering for a live account with Infinox is a straightforward process. Prospective clients should navigate to the Infinox sign-in page and follow the steps outlined below:
Select and click on the Infinox SignIn page.
Enter the necessary personal information (name, email, etc.).
Complete the verification of your personal information.
Upon successful activation and verification of your account, you can proceed with depositing funds.
Our investigation into Infinox's offerings revealed the availability of over 50 foreign exchange pairs, along with gold, silver, oil, and global top 12 indices and futures, accessible through both STP or ECN accounts, depending on the platform chosen by the trader. Infinox's range of market instruments receives a score of 4.0 out of 5, highlighting its extensive selection across Forex, Futures, Indices, Cryptocurrencies, and more.
Infinox's fee structure varies with the account type selected, and conditions may differ based on the entity. Although trading conditions across accounts can lead to slight variations in performance due to the execution type and software chosen, Infinox fees are deemed competitive when evaluated across a selection of 1000 brokers. Infinox's fees have an overall rating of 3.9 out of 5, signifying that the overall fee structure is considered favorable.
In our comprehensive analysis, the Infinox ECN Account emerges as a standout option for professional or advanced traders, offering institutional-grade spreads starting from 0.4 pips alongside a fixed commission of $7.5 per $100k traded. The account boasts a minimum lot size of 0.1 and has eradicated the requirement for a minimum deposit, enhancing its appeal. For regular-sized traders, the Infinox STP Account is an attractive proposition, presenting tight spreads beginning at 1.2 pips without imposing any commission, as all costs are embedded within the spread, coupled with direct access and swift execution. When comparing Infinox's spreads against a comprehensive evaluation of over 1000 brokers, they receive a low overall rating of 3.9 out of 5. Our analysis identifies Forex spreads significantly below the industry norm, with spreads for additional instruments also proving highly competitive.
Upon registering an account with Infinox, traders can deposit and withdraw funds via a variety of payment methods, including bank transfers, debit and credit cards, Skrill, Neteller, and China Union Pay. However, it's crucial to verify the availability and terms of these methods within your specific jurisdiction. The funding methods at Infinox have been accorded a good rating, with an overall score of 3.9 out of 5. The broker's minimum deposit stands at an industry-average level, with minimal to nonexistent fees, further benefiting from the flexibility of various account-based currencies, albeit with variations across different entities. Regarding Infinox's funding methods, some notable points are highlighted below:
Pros
Numerous payment options available, enhancing convenience for traders
A minimum deposit of just $1, offering accessibility to both beginner and professional traders
Cons
Deposit options and conditions may vary based on regulatory requirements
Infinox does not levy any fees on deposits or withdrawals, but bank transfer fees may apply. Withdrawal requests are typically processed within 24 hours.
Infinox's partnership with Equinix positions it at a technological forefront, offering advantages through next-gen pricing technology that links deep liquidity pools directly to clients’ MT4 and MT5 platforms. The Infinox Platform is rated as excellent, scoring 4.1 out of 5 when compared against over 1000 brokers, owing to its impressive range including MT4, MT5, suitable for professional trading, and enhanced by robust research and tools. The web trading platform enables trading from any browser and operating system, including mobile devices, via the MT4 Web version or IX Social. An additional highlight is the Infinox MT4 VPS, facilitating non-stop operation of MT4 EAs for 24 hours, irrespective of connectivity issues. For desktop users, Infinox offers a selection including MT4, MT5, CQG, and IX Social, all featuring STP or ECN environments and necessary tools for a comprehensive trading experience.
Infinox's customer support is available 24/5 in multiple languages, offering assistance through live chat, phone lines, and email. The quality of Infinox’s customer support has been rated as good, with an overall score of 3.9 out of 5 based on our evaluation. The responsiveness and knowledgeability of the support team were commendable, easily accessible during working days.
Infinox is dedicated to expanding its array of tools, analytics, and webinars to facilitate seamless trading. Although the broker does not offer in-depth courses for absolute beginners, it provides a wealth of analytical tools and research for all levels. Infinox’s educational project, IX Intel, delivers articles and market analysis through professional insights. Moreover, the platforms feature a comprehensive range of tools, including news and analysis as well as social trading capabilities. Our assessment of Infinox Education yields an overall rating of 3.7 out of 5, acknowledging the broker’s provision of high-quality educational materials and research in collaboration with leading market data providers.
To conclude, Infinox stands out as a reliable provider of online trading services, offering an extensive and high-quality trading experience. Regulated by the FCA, Infinox prioritizes technological advancements, transparency in executions, swift speeds, and an impressive array of solutions. The broker fosters long-term, personal yet commercially-focused relationships with its clients, contributing significantly to education and enhancing clients’ trading performance. Infinox is highly recommended for:
Beginners
Professional traders
Enthusiasts of MT4/MT5 platforms
Those interested in currency and CFD trading
Traders employing a variety of strategies
Algorithmic or API traders
Individuals seeking supportive customer support
Traders in search of quality educational and research materials
