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The WikiFX Score of this broker is reduced because of too many complaints!

INFINOX

United Kingdom|5-10 years|
Suspicious Scope of Business|High potential risk|

http://www.infinox-dealer.com/en

Website

Rating Index

Contact

mail@infinox-dealer.com
http://www.infinox-dealer.com/en
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

INFINOX

Abbreviation

INFINOX

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 4
Previous Detection : 2024-11-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 6 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • The United KingdomFCA regulation (license number: 501057) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

INFINOX · WikiFX Survey
Danger A Visit to INFINOX in UK -- Finding No Office
United Kingdom

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INFINOX · Company Summary

General Information & Regulation

This Infinox says it is a forex broker registered in UK, offering trading in forex currency pairs, indices, equities, commodities, and futures. This Infinox is a clone firm which traders should stay away from.

Markets Instruments

Infinox offers five main asset classes:

  • Forex – Trade 50 of the most popular currency pairs, including AUD/USD, EUR/USD, and EUR/GBP

  • Indices – Trade on some of the worlds largest indices, including the FTSE100 and DAX40

  • Commodities – Trade on hard and soft commodities such as gold, silver, and oil

  • Equities CFDs – Buy and sell stocks in the worlds biggest companies, including Google and Facebook

  • Futures – Trade on futures with real-time Direct Market Access (DMA)

Minimum Deposit

There are three account types to choose from at Infinox. For the STP/ECN accounts, the minimum deposit is just £1 (or EUR/USD/AUD) and for the futures CQG account, the minimum deposit is $5,000.

Leverage

Leverage for forex, commodities, and indices ranges from 1:10 and 1:30. Leverage is capped due to ESMA regulations, but still provides enough flexibility for traders to substantially increase their positions

Spreads & Commissions

Typical spreads on major currency pairs start at 0.3 pips for EUR/USD, 0.5 pips for GBP/USD, and 0.8 for EUR/GBP. For indices like the FTSE 100, typical spreads are 100 points and for commodities, spreads are 22 for gold and 27 for silver. Commissions are variable on equity CFDs and futures. Details of specific commission charges can be found on the brokers website, but generally, charges are 3.5 for futures and 0.10% for equity CFDs.

Trading Platform Available

Infinox is an unregulated broker, it offers the counterfeit MT4 trading platform where trading on it is full of risks.

Deposit & Withdrawal

Deposits and withdrawals can be made via debit/credit card, Skrill, Neteller, or bank transfer. Infinox does not charge for deposits, however, there may be intermediary fees.

News

INFINOX Gives Further Push to Institutional Desk With New Executive Manager Lee Holmes

NewsINFINOX Gives Further Push to Institutional Desk With New Executive Manager Lee Holmes

2022-05-10 10:08

Holmes will be supporting the overall IXO Prime business model, including process, policy, product and technology.

WikiFX
2022-05-10 10:08
News
INFINOX Gives Further Push to Institutional Desk With New Executive Manager Lee Holmes
INFINOX Makes Another Strategic Hire, Brings in Adam Saward as Executive Management

NewsINFINOX Makes Another Strategic Hire, Brings in Adam Saward as Executive Management

2022-04-28 11:26

Saward will be leading the global strategy division at INFINOX and he has nearly two decades of experience in prime brokerage services, including electronic execution and CFD offerings.

WikiFX
2022-04-28 11:26
News
INFINOX Makes Another Strategic Hire, Brings in Adam Saward as Executive Management
INFINOX Hires Head of Institutional Sales MENA to Ramp Up IXO Prime Offering

NewsINFINOX Hires Head of Institutional Sales MENA to Ramp Up IXO Prime Offering

2022-04-27 18:00

Aaron Brown will be joining INFINOX to lead the IXO Prime institutional sales desk as Head of Institutional Sales MENA.

WikiFX
2022-04-27 18:00
News
INFINOX Hires Head of Institutional Sales MENA to Ramp Up IXO Prime Offering

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