Infinox Review – Is The Forex Broker A Scam Or Legit?

Infinox Capital Ltd is a UK-based forex broker. Numerous platforms, notably MT4, enable multi-asset trading. This investigation addresses legislation, account kinds, and demo accounts, among other issues. Determine whether or not you should log in and start trading in Infinox.

Infinox Company Information

Infinox Capital Ltd was founded in 2009 and is headquartered in London. (FCA). This award-winning organization employs over 100 people in middle East, Asia, and Bahamas. The brokers now have users in Thailand, Australia, Portugal, Dubai, and Vietnam. It gives traders of all levels of experience with a variety of tools. exchange platforms for forex, indices, stock, commodity, and futures. By highlighting user experience With trading tools, the brokers strive to provide more than just a trading platform for its investors.

A platform for Exchange  MT4.

Infinox provides a fully functional MetaTrader 4 trading platform (MT4). These features make it simple for users to begin trading cryptocurrency, CFDs, and futures.

On the brokers website, you can obtain a copy of MT4.

MetaTrader 5

Additionally, Infinox offers MetaQuotes’ most recent trading platform, MT5. This is a more sophisticated trading platform with a broader sort of assets, additional charts and indicator alternatives, and a greater variety of order types. All of MT4’s functionality is retained, also benefiting from high-quality software performance and other technologies.

WebTrader

MetaTrader’s web-based version enables clients to start trading without downloading any software. This is an excellent alternative for people interested in testing by creating a sample account {demo} on the platform and receiving access to a number of signals and statistics, such as moving averages and Bollinger bands. WebTrader is accessible straight from the brokers website’s exchange Platforms page It is supported by a vast variety of internet platforms, such as Safari, and Google Chrome.

Desktop CQG

Infinox offers the web-based CQG Trader, a product that has been available for over 30 years. The clean UI is intuitive and simple to use. Additionally, CGQ Desktop provides a breadth of features, including the following:

Markets

Infinox invests in the following five asset classes:

Spreads Commission

Spreads on key currency pairs usually begin at 0.3 points for 0.5 points for British pounds and 0.8 points for US Dollars points for EUR/GBP. Spreads on indices Typically, Commodity spreads are 100 points, while an FTSE 100 index is 22 points for gold and 27 points for silver.. READ THIS: The IG Review: Scam or Legit? Key Finding. Fees for trading CFDs and futures contracts vary. Fees vary by item and are typically 3.5 percent for futures and 0.10 percent for equity CFDs.

Leverage

Commodity markets and indices leverage is typically between 1:10 and 1:30. Margin is restricted by ESMA standards, however, traders can still significantly increase its rates. Starting at 20%, stock CFDs require a margin of safety that varies according to the futures market.

Mobile Applications.

Mt4 exchange platforms are however accessible through smartphones for Apple® and Android® smartphones. Users can also trade through any place, and many full trade data, information, and other services are accessible on PCs, and meaningful prices, are provided. The apps are accessible for download from Google Play and Apple Store.

Methods of Payment.

Bank transfers, Skrill, and Neteller are accepted as deposit and withdrawal methods. Funding your account is free at Infinox, but intermediary fees may apply. The broker’s low minimum deposit of £1 attracts newcomers. While payments are frequently processed on the same day, withdrawals require the completion of a payment application form.

Account Demo

On the ECN and STP platforms, Infinox offers free practice trading accounts. Traders can try their trading methods risk-free using the trial account,  For the first 30 days, traders get access to a free test account with $10,000 in virtual cash, that could be expanded at any time.

Promotions Bonuses.

Due to regulatory constraints, Infinox does not offer any reward programs or promotions. Furthermore, take a look over on the broker’s website and social media for news about upcoming trading events.

Regulatory.

The Financial Conduct Authority (FCA) has licensed and regulated Infinox Capital Ltd. (FCA). If a broker receives an unusually high volume of online complaints, they may be subject to an inspection. Luckily, we are convinced that Infinox is genuine and trustworthy. Infinox adheres to regulatory requirements regarding the separation of client funds from corporate capital. Additionally, the desk dealer is protected by the Financial and Compensation Scheme, which indemnifies consumers up to £85,000 in the event of the broker’s bankruptcy.

Added Features.

The instructional tools provided by Infinox only give advice on things like spreads and how much money you need to trade. Traders should seek out more comprehensive resources elsewhere. Having said that, the firm offers Autochartist, a market trend tracking software that can be used in conjunction with MetaTrader 4 or 5 or as a stand-alone web program.

Additionally, With the social trading platform Infinox, you can access a huge variety of assets and cutting-edge trading instruments. Automated copy trading, community leaderboards and rewards, technique sharing, and social interaction are all part of social trading.

Different Account Types.

There are three different types of accounts available at Infinox. There are three types of MT4 accounts available to traders: STP and ECN accounts allow traders to pay only the spread on their trades. CQG Desktop accounts can also be used to trade futures. STP/ECN accounts only require a one-time deposit of £1 (or EUR/USD/AUD), whereas futures CQG accounts require a $5,000 minimum deposit.

Benefits.

Among the reasons to deal with Infinox are the following:

Drawbacks.

The following are some of the downsides of opening an Infinox account.:

Hours of Trading. 

Forex trading hours are Monday through Friday from 00:00 to 23:59 United Kingdom time. The bulk of asset CFDs is available from 8:00 a.m. to 16:30 a.m. EST, while the majority of futures are active Sunday through Friday from 6:00 p.m. to 5:00 p.m. EST. Other markets have more particular trading hours, which you can get on the broker’s website.

Customer Service at Infinox.

Customer assistance is provided 24 hours a day, 7 days a week, and is available in six languages, including Italian, Portuguese, Arabic, and English. Traders can contact the infinox support team via the ways listed below.:

Registration address: 20 Birchin Lane, London EC3V 9DU. The website contains the address about the branch in Hong Kong.

Security Trading.

Mt4 employs Secure Sockets Layer (SSL) encryption to safeguard data in transit between servers. Additionally, Infinox complies with the General Data Protection Regulations (“GDPR”) regarding the security of its collecting data operations. The broker’s Privacy Statement is accessible on the internet.

Verdict Infinox.

Trading at Infinox Capital Ltd is accessible to novices and experienced traders alike. Though the agent doesn’t provide any information on how to trade, there are three account types to choose from, and a $1 least deposit. We have no qualms about recommending Infinox to our customers.

Countries Accepted.

Infinox allows traders from Canada, Germany, Australia, Hong Kong, Thailand, the United Kingdom, Singapore, India, South Africa, Norway, Sweden, Italy, France, and Denmark, as well as the, Saudi Arabia, United Arab Emirates, Luxembourg, Qatar,  and Kuwait. Traders from the Belgium and United States of America are not permitted to utilize Infinox.

Infinox substitutes.

If you’re looking for Infinox alternatives, we’ve produced a list of the best 5 brokers below. This comparison list of brokers similar to Infinox is ranked by their resemblance to Infinox and includes only companies that welcome traders from your location.

FAQ.

Is Infinox a Scam? Infinox is a notable dealer that is regulated by the Financial Conduct Authority. While the business is licensed, online trading has certain dangers. What types of accounts does Infinox provide? Infinox provides three types of accounts: MT4 ECN, MT4 STP, and CQG Futures. The ECN account is commission-free, but the STP account charges commissions and spreads. As implied by the name, the CQG account is geared toward futures traders. Is Infinox a trustworthy broker? Infinox provides cheap forex spreads and a stable trading platform. Additionally, the FCA regulates the broker. Having stated that, there are other brokers that charge cheaper costs and provide more extensive trading features. Is there a demo account available at Infinox? Yes, Infinox provides a demo account for its MT4 ECN and MT4 STP exchange platforms. Demo accounts are free for 30 days after registration and include $10,000 in virtual funds. They offers the following trading platforms. Infinox’s product portfolio includes the MT4 desktop and mobile trading platforms, as well as the CQG desktop platform. Infinox will also soon provide the MT5 platform. CHEK OUT:  https://twistok.com/read-blog/7232_the-reasons-why-litecoin-ltc-is-ready-for-a-rapid-30-recovery.html