INFINOX empowers traders across the world to access financial markets with convenience, transparency and trading intelligence. Built on the foundations of integrity, ambition, inspiration, and excellence, we pride ourselves on our cutting-edge technology and client-first approach.
INFINOX Information
INFINOX Capital is a globally recognized brokerage firm offering a wide range of trading services to clients worldwide. Established in 2009 and headquartered in London, INFINOX has built a platform for providing competitive trading conditions, advanced trading platforms, and a commitment to regulatory compliance.
The broker offers access to a variety of financial markets, including forex, commodities, indices, equities, and cryptocurrencies. The firm's dedication to client satisfaction is reflected in its range of account types, competitive trading fees, and diverse educational resources.
Pros and Cons of INFINOX
INFINOX stands out in the brokerage industry due to its strong regulatory oversight and client protection measures. The broker provides segregated client funds and negative balance protection, which safeguard clients' investments. Furthermore, INFINOX offers a diverse range of trading instruments, including forex, commodities, indices, equities, and bonds, catering to a wide array of traders' preferences. With competitive spreads and a transparent fee structure, traders benefit from cost-effective trading conditions. INFINOX's advanced trading platforms, such as MetaTrader 4 (MT4), MetaTrader 5 (MT5), offer robust and versatile trading experiences. Additionally, the broker's various research and educational resources equip traders with valuable insights and knowledge to enhance their trading strategies.
However, there are some drawbacks to consider when choosing INFINOX as a broker. One notable disadvantage is the ECN accounts offer low spreads starting from 0.2 pips, they come with commission charges starting at $3, which might be a consideration for cost-sensitive traders.vAdditionally, the abundance of tools and resources available on the platform might overwhelm certain users, particularly those who are new to trading or prefer a more streamlined interface.
Is INFINOX safe?
Regulations
INFINOX is officially licensed and regulated by The United Kingdom Financial Conduct Authority (FCA) under license number 501057.
Funds Safety
INFINOX places a high priority on the safety of client funds. The broker adheres to stringent regulatory standards set by top-tier financial authorities, including the Financial Conduct Authority (FCA) in the UK and the Securities Commission of The Bahamas (SCB). Client funds are kept in segregated accounts, ensuring that they are separated from the company's operational funds. This segregation of funds is designed to protect clients' money in the unlikely event of the broker's insolvency.
Safety Measures
INFINOX prioritizes client security by implementing robust safety measures. This includes advanced encryption technologies like Secure Socket Layer (SSL) to safeguard online interactions and transactions, protecting sensitive information. Regular security audits and adherence to industry best practices further ensure a secure trading environment. Additionally, strict compliance with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations guarantees client activity monitoring and verification to prevent fraud.
Market Instruments
INFINOX offers a diverse range of securities for trading, providing clients with numerous opportunities to diversify their portfolios. The available trading instruments include:
Forex: INFINOX provides access to a broad spectrum of currency pairs, including major, minor, and exotic pairs. This allows traders to engage in the global forex market with competitive spreads and leverage options.
Commodities: Clients can trade a variety of commodities, including precious metals like gold and silver, as well as energy products such as oil and natural gas. Commodity trading offers a way to hedge against inflation and diversify investment strategies.
Indices: INFINOX offers trading on major global indices, including the S&P 500, NASDAQ, FTSE 100, and DAX 30. Index trading allows clients to speculate on the overall performance of a market or sector rather than individual stocks.
Equities: The broker provides access to a wide range of global equities, allowing traders to invest in shares of prominent companies across various industries. This includes blue-chip stocks, growth stocks, and dividend-paying stocks.
Cryptocurrencies: INFINOX supports trading in popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin. This enables clients to take advantage of the volatility and potential growth in the digital currency market.
Futures: INFINOX offers futures contracts on various assets, including commodities, indices, and currencies. Futures trading can be used for hedging purposes or to speculate on the future price movements of an asset.
Bonds:INFINOX offers a range of bond trading opportunities through CFDs on various European, UK, and US bond futures. These include Euro Bund, BOBL, BUXL, Schatz, UK Long Gilt, EURIBOR, and US 10-Year Treasury futures.
INFINOX Accounts
INFINOX offers several account types to suit the varying needs of traders. These include:
Individual Account: For persons preferring to have complete rights over their trading account.
Joint Account: For persons preferring to share their trading account under a joint agreement.
Corporate Account: For entities preferring to trade under a corporate structure.
ECN and STP accounts: INFINOX also offers Electronic Communication Network (ECN) and (Straight Through Processing) STP accounts. both come with deep liquidity, cutting edge execution and a full range of platforms and tools. Both accounts offer up to 30:1 leverage. The STP account's spreads start from 0.9, while the ECN account's spreads start from 0.2. The commission for STP accounts starts at $0, and for ECN accounts, it starts at $3.
INFINOX Fees Review
INFINOX is transparent about its trading fees, ensuring that clients understand the costs involved in trading. The broker's fee structure includes spreads, commissions, and swap rates, with details as follows:
Spreads: INFINOX offers competitive spreads across various account types. For Standard accounts, spreads are variable and start from as low as 0.3 pips for major currency pairs like EUR/USD. ECN account holders benefit from even tighter spreads, starting from 0.1 pips, but these accounts involve commission charges.
Commissions: While Standard and STP accounts do not charge commissions on trades, ECN accounts have a commission fee of $7 per round turn lot. This commission structure is competitive and provides traders with transparency regarding their trading costs.
Swap Rates: INFINOX applies swap rates (overnight financing charges) on positions held overnight. These rates vary depending on the asset traded and the direction of the trade (long or short). Swap rates are competitive and reflect current market conditions.
Deposit and Withdrawal Fees: INFINOX does not charge fees for deposits or withdrawals, providing clients with cost-effective options for funding their accounts and accessing their funds. However, third-party payment providers may impose their own charges.
Inactivity Fees: The broker imposes an inactivity fee of $10 per month on accounts that remain inactive for more than 12 months. This fee is relatively standard in the industry and encourages clients to maintain active trading accounts.
INFINOX App Review
MetaTrader 4 (MT4): MT4 is one of the most popular trading platforms in the industry, known for its user-friendly interface and powerful trading tools. It supports automated trading through Expert Advisors (EAs), advanced charting capabilities, and a wide range of technical indicators. MT4 is available for desktop, web, and mobile devices, providing flexibility for traders.
MetaTrader 5 (MT5): MT5, the successor to MT4, is available on any device and offers advanced features like additional order types, more chart timeframes, and a multi-currency strategy tester. It is designed for traders who require more sophisticated tools and functionalities, such as depth of market (DOM) pricing and an economic calendar integrated into the platform.
Research and Education
INFINOX places a strong emphasis on providing clients with extensive research and educational resources. The broker offers a range of tools and materials designed to enhance traders' knowledge and skills, including:
Market Analysis: INFINOX provides regular market analysis and insights from experienced analysts. This includes daily market updates, technical analysis, and fundamental analysis, helping traders stay informed about market trends and potential trading opportunities.
Webinars and Seminars: The broker hosts webinars and seminars covering various trading topics, including market analysis, trading strategies, risk management, and platform tutorials. These events are conducted by industry experts and are available to both new and experienced traders.
Trading Guides: INFINOX offers a collection of trading guides that cover essential topics such as forex trading, commodity trading, and technical analysis. These guides are designed to help traders build a solid foundation of knowledge and improve their trading skills.
Video Tutorials: The broker provides video tutorials that cover the basics of trading, platform navigation, and advanced trading techniques. These videos are a valuable resource for visual learners and those seeking step-by-step instructions.
Economic Calendar: INFINOX offers an economic calendar that highlights important economic events and data releases. This tool helps traders stay informed about key events that could impact the markets and plan their trades accordingly.
Customer Service
INFINOX offers 24/7 customer service to assist clients with their trading needs. The broker provides multiple channels for customer support, including:
Email Support: Clients can contact INFINOX's support team via email (support@INFINOX.co.uk) for more detailed inquiries or assistance. The broker claims to respond to email queries promptly, providing efficient and effective support.
Message Box: INFINOX offers a message box on their website. Clients can leave a message to their customer service team at any time.
Social Media: Clients can also reach out to INFINOX via social media: Linkedin.
Conclusion
INFINOX is a excellent broker offering a wide range of trading instruments, competitive trading conditions, and robust safety measures. The broker's commitment to regulatory compliance, client fund safety, and providing high-quality research and educational resources makes it a choice for traders of all experience levels. While commission charges on ECN accounts may be a drawback for some, the overall benefits and features offered by INFINOX make it a strong contender in the online trading industry..
FAQs
What regulatory authorities oversee INFINOX?
INFINOX is regulated by the Financial Conduct Authority (FCA) in the UK.
What trading platforms does INFINOX offer?
INFINOX offers MetaTrader 4 (MT4), MetaTrader 5 (MT5).
What types of accounts are available at INFINOX?
INFINOX offers Individual Account, Joint Account, Corporate Account, ECN and STP accounts to cater to the varying needs of traders.
Risk Warning
WikiStock's expert assessment of the brokerage's website data is subject to change and should not be taken as financial advice. Online trading carries substantial risks, including the potential loss of all invested capital, and it's crucial to fully understand these risks before investing.