Infinox

Is Infinox regulated? In this Infinox Capital review you will find what you wondering about trading conditions offered by the broker like spreads, leverage and more!
7.8/10 (Expert Score)
Product is rated as #10 in category Forex Brokers

I will introduce Infinox Capital to you today. The company was established in 2009. They started operating under the name of Infinox in 2016. The broker known as Go Markets before. Between 2009 and 2014 they were using the brand mane VantageFX. The broker obtained their FCA (Financial Conduct Authority) regulation in 2009.

They launched their Infinox brand and are now exclusively Infinox branded worldwide. They took their place in the international forex market and have visitors from all over the world. Their headquarters remain in London, and they have an office in China located Shanghai.

7.8Expert Score
Good

I reviewed Infinox based on the following criteria.

TRUST
8
COMMISSIONS AND FEES
7.5
CUSTOMER SERVICE
7.5
PLATFORM & TOOLS
8
PRODUCT PORTFOLIO
8
PROS
  • Regulated by FCA
  • Advanced tools on MT4
  • STP/ECN model
  • Good customer services
CONS
  • Account types are limited

I’m enjoying a review of a broker that pays attention to the website and gives a lot of information to its customers and offers a large number of trading platforms. The first impression that a broker offers to its potential client is crucial. I think Infinox is doing this well.

I can easily say that Infinox has a good website but cannot say this is enough to choose the broker. So, I will show you what you should look for in this review. Here are some questions you can find the answers in this review: Is Infinox scam or a reliable broker?

The trading conditions they offer are also critical for traders. What kind of account types offered by Infinox?  What are the features such as spreads, leverage or minimum deposit for traders? How do you deposit/withdrawal in Infinox? Don’t open an account before reading this Infinox review.

Regulations and Licenses

Infinox Regulations and Licenses

As I always say, the most critical indicator of reliability is if the broker is regulated by a financial authority or not. Infinox Capital Ltd is authorized and regulated by the Financial Conduct Authority under firm reference number 501057. FCA requires client funds to be kept in disaggregated accounts for client funds. Infinox Capital works with Barclays Bank PLC UK for this purpose. Besides, the brokers must hold EUR 730,000 minimum net capital to prove their good financial position.

Infinox is a FCA regulated forex broker thats why it is a member of the Financial Services Compensation Scheme (FCSC). The FCSC provides compensation to brokers and customers in the event of bankruptcy of the company.

According to my experiences, if a broker is a member of FCSC, this shows the broker is reliable. Because, under this program, there is a compensation of up to £ 50,000 (which varies according to investments).

Trusting a broker is not easy, you should be aware of it. If you have a problem with the broker, you will need regulators to protect you. Due to regulators’ sanctions on brokers, brokers who do not want to lose their licenses cannot dare to scam you. That’s why I always recommend trading with licensed brokers.

Account Types, Spreads and Leverage

Infinox Account types, Spreads and Leverage

Now let’s see what broker offers to the client about trading conditions. Infinox Capital has two account types STP and ECN. The STP account is commission-free and it requires a minimum deposit of £100 or currency equivalent. I think this limit may be lower. When I look for spreads for STP; it starts from 1.2 pips and a minimum lot of 0.01.

Maximum leverage in this account type was 300:1 before. In accordance with ESMA (European regulators) regulations, Infinox will not be offering high leverage. The leverage ratios for the standard account have been reduced to 1:30 for major fx pairs. The new leverage is 20:1 for minor fx pairs, major indices and gold. The leverage is 10:1 for commodities. Cryptocurrencies’ leverage is 2:1.

The other account type ECN requires a minimum deposit of £1,000 or currency equivalent. There is also a commission of £5 / €5.50 / $7.50 (PER 100K). ECN account offers spreads from 0.4 pips on EUR/USD. ECN account have tighter spreads than STP. This account is ideal for professional traders. If you are a professional client, you are not subject to the leverage restrictions applied by ESMA to retail clients. Don’t forget you may be exposed to higher leverage limits that can increase your losses. You can see both types of accounts the table below.

Micro lots are available in both accounts and Infinox Capital provides demo accounts for inexperienced traders. Unfortunately, there is no nano lot for both account type. Nano lot is useful for who want to learn in the real account without taking risks. If you want to use nano account types, browse the XM and FXTM reviews.

Trading products

Infinox offers products for trading such forex, indices, share and cryptocurrency. The broker includes bitcoin, ethereum, litecoin, ripple and bitcoin cash among cryptos. This is an advantage for this broker to support these cryptos. Moreover, also, +46 pairs of forex pairs available.

Trading platforms

Infinox capital offers various trading platforms for its clients. MT4 is the primary trading platform. This platform is the most popular one among the platforms. There is also ZuluTrade and Autochartist. Infinox also offers mobile trading with the MT4 application for IOS and Android smart devices.

Payment Methods

Funding and Withdrawal Methods in Infinox

INFINOX provides traders with a variety of funding and withdrawal methods. These are the wire transfer, credit/debit card, Skrill and Neteller. Both the website and the customer support impressed me a lot but payment methods are limited and this is a really negative feature for the broker. I think there are compliance and regulation reasons which make payment methods. That’s why they don’t provide other funding and withdrawal methods.

Conclusion

Conclusion

Infinox is a regulated broker who has years of experience operating in the online trading industry. They have FCA license and they are a member of FSCS. So it means this broker is reliable. If you want to open an account with Infinox you can click the open an account button.

Valentin Cote

Valentin Cote

I am Valentin Cote, the author and owner of this personal blog. I compare and review forex brokers in my website. I am in the trading industry since 2009 and still learning. I also write useful articles for newbies about forex and investment. I love playing online games and Forex :)

Who Am I?

Hello to everyone. Forexbrokerslab is my personal blog where I compare reliable forex brokers. I’ve been in forex trading since 2009 and I’m still learning. I have traded with the most popular forex brokers, including the most unknown ones in any regulation and many different account types. So I think I have enough knowledge to compare brokers. You can learn about forex brokers by reviewing my blog.

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