Infinox is a CFD Broker that features on its trading platform CFDs on forex, stocks, indices and commodities. Infinox Capital Ltd (“INFINOX) is regulated and overseen by the Financial Conduct Authority (FCA) in the United Kingdom. The typical spread is for EUR/USD 0.3 pips*, real trading is possible with a minimum deposit of $1. The Infinox website is available in English, Italian, Portuguese, Chinese, Vietnam and Arabic.
What do we cover in our Infinox Review?
|General Risk Warning: 74–89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.|
Basic information about the broker
- Website address: www.Infinox.com
- Leverage: up to 1:30
- Instruments: CFDs – Forex, commodities, stocks, indices
- Minimum deposit: $1 (accounts held in USD, EUR, GBP and AUD)
- Demo account: Yes, free of charge
- Methods of deposit and withdrawal: Wire Transfer, Skrill, Neteller, Credit and debit cards (Visa/MasterCard)
Infinox Trading Platform
For CFD trading, Infinox offers 3 trading platforms: MT4, IXO, CQG Desktop. The most popular from these 3 platforms is MT4, which traders use not only for executing trades but also for analyzing financial markets and automated trading. MT4 can be downloaded to any computer or can be accessed via just a web browser or a mobile application. IXO is a trading platform that comes directly from Infinox. According to the broker’s website, it is a fast and intuitive platform that features a modern interface and simple trading controls. CQG Desktop offers high-speed execution, market data, charting, and analytics all in one easy-to-use product that can be customized.
As any other CFD broker, Infinox charges a spread fee. For the most current spread charges, please visit the Infinox.com website. Here is a spread comparison table that contrasts Infinox spreads with popular industry competitors.
*Typical spreads recorded on 29.12.2019 at 20:15 GMT. Data about spread charges were taken from the website of the broker. **Spreads recorded on 26.09.2019 at 11:26 GMT from the trading platform of the broker.
Infinox Capital Ltd (“INFINOX) is authorized and regulated under the Financial Conduct Authority with reference number 501057.
Advantages and disadvantages
Every Broker has its pros and cons, let’s have a look at the ones that elevate & denounce Infinox.
- Tight spreads
- Low minimum deposit
To sum up the Infinox Review
Infinox adheres to strict regulatory guidelines of the FCA. The broker’s spreads are very tight for popular currency pairs. Infinox features a free practice demo, real trading is possible with as low as 1 dollar. So on paper, the broker looks very good. With this being said, according to reviews published on TrustPilot.com, it has a quite poor reputation. Most of the reviewers complain about the company’s customer support or even that Infinox is a scam company. Whether this is true, we cannot determine as the reviews might not be genuine and someone from the competition could be trying to ruin this broker’s reputation. So it is up to everyone to decide whether they are trustworthy or not.
Your review can make a difference to other traders, please leave a comment if you have any personal experience with Infinox.
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