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Infinox Broker Review

Let’s imagine you’ve decided to attempt using internet trading to make extra money. Even if you have heard of Infinox Broker, you still have some questions. Is the business governed? What trading tools are available to me? Is this a scam? Continually read this article to find out. We dive deep.

Broker status: Offshore Broker
Regulated by: FSC, SCB, FCA
Blacklisted as a Scam by: Securities Commission Malaysia
Owned by: Infinox Capital Ltd
Headquarters Country: UK
Foundation year: 2009
Supported Platforms: MT4, MT5
Minimum Deposit: 1 GBP, USD, EUR
Cryptocurrencies: No
Types of Assets: Forex, commodities, equities, futures, indices
Maximum Leverage: 1:500
Free Demo Account: Yes
Accepts US clients: No

Is Infinox broker regulated and secure?

Every legal business must have certain coverage. The company must be regulated for online trading to be transparent for the customers, which is essential. so that your money is protected if a business fails. The FCA (Financial Conduct Authority) and SCB both regulate the UK-based Forex trading firm Infinox Capital Ltd. Why does this matter? A good business won’t permit an investigation to take place if it receives too many complaints against it. Customers come first when a business depends on customer feedback. This is just one method that Infinox Trading uses to protect its customers. According to regulatory requirements, this Forex trading broker makes sure that client funds are kept separate from company funds.

The Financial Services & Compensation Scheme, which protects clients for up to £85,000 in the case of insolvency, is another insurance policy that covers them. And maybe most importantly, INFINOX Capital is providing $1,000,000 USD Insurance. The duration of this insurance coverage is from May 1, 2020, to April 30, 2021.

MetaTrader 4 and MT5, two of the most potent trading platforms, are used by Infinox Capital. These platforms protect data transfer between servers using Secure Sockets Layer Encryption. General Data Protection Regulations are another way that Infinox ensures the security of their data. On their website, you may view their privacy policy.

In which countries does this broker work?

Infinox is a London-based Forex trading firm, as we already explained. More than 100 people are employed by the business, which has operations throughout the world, including Asia, the Bahamas, and the Middle East.

The clientele we have come from all over the world as a result of our global view in business. Thailand, Dubai, Australia, China, French Guiana, French Polynesia, French Reunion, Guadeloupe, Indonesia, Malaysia, Martinique, Mayotte, Mexico, New Caledonia, Saint Martin, Switzerland, Ukraine, United Arab Emirates, Wallis, etc. are just a few places where you can discover their clients.

What can you trade with an Infinox broker?

When trading with Infinox broker, a client can choose one of three accounts. All three of them have been performance-optimized, and they all provide limitless use of EAs and APIs.

The available account types are Social, MT4, and MT5 STP. These accounts all have adjustable leverage. When it comes to dealing with pairs, the Forex-based broker Infinox is a good option. This broker also offers trading in commodities, indices, shares, and futures in addition to currencies. The organization offers the top 10 global indices as well as essential commodities including gold, silver, and oil.

Problem with withdrawing funds

As you were able to see, the Malaysian governing body has placed the broker on a blacklist. Despite having several regulations, the corporation continued to operate unlawfully despite them.

A broker’s website does not provide us with a lot of information on withdrawals and payment methods. For instance, we were unable to locate any charges or commissions the client must make in order to withdraw money. Additionally, the minimum quantity has not been specified.

Numerous Infinox reviews revealed that users are largely dissatisfied with the product.

Never give up your card information over the phone and avoid falling for the broker’s con. You should make a complaint right away if you suffer any sort of withdrawal problems.

We generally advise staying away from trading with Infinox. If you decide to use this broker, avoid making big deposits to your account.

Are you having trouble successfully requesting a withdrawal from your broker? Tell us about it and add a comment.[/vc_column_text][/vc_column][/vc_row]