Infinox Review 2022

3.4
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Infinox is a UK-based broker offering MT4 trading with tight spreads.

InstrumentsForex, CFDs, indices, shares, commodities, futures
Demo AccountYes
Min. Deposit£1
Payment Methods
Min. Trade0.01 lots
Regulated ByFCA
MetaTrader 4Yes
MetaTrader 5Yes
cTraderNo
OmniTraderNo
AlgoTraderNo
TradingViewNo
Trading CentralNo
AutochartistYes
eSignalNo
STP AccountYes
ECN AccountYes
DMA AccountYes
MAM AccountYes
PAMM AccountYes
LAMM AccountNo
Demat AccountNo
Mobile AppsYes
Margin TradingYes
Volatility IndexNo
Spot TradingYes
Perpetual SwapsNo
ELWsNo
REITsNo
AI / Machine LearningNo
Robo AdvisorNo
P2P TradingNo
Negative Balance ProtectionYes
VPS HostingYes
TournamentsNo
Demo CompetitionsNo
Managed AccountsNo
Market MakerNo
Auto TradingYes
Social TradingYes
Copy TradingYes
Trade SignalsMQL4 & MQL5
Islamic AccountNo
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • JPY
Guaranteed Stop LossNo
Stock Exchanges
  • Australian Securities Exchange
  • DAX GER 40 Index
  • Euronext
  • FTSE UK Index
  • London Stock Exchange
  • Nasdaq
  • Tokyo Commodity Exchange
Commodities
  • Gold
  • Oil
  • Silver
CFD TradingTrade online CFDs with up to 1:30 leverage.
CFD FTSE Spread0.9
CFD GBPUSD Spread0.4
CFD Oil Spread50
CFD Stocks Spread0.02 USD
CFD Leverage1:30
Forex TradingTrade forex pairs with tight spreads.
Forex GBPUSD Spread0.4
Forex EURUSD Spread0.2
Forex EURGBP Spread0.3
Forex Assets34+
Risk Warning – Your capital is at risk

Infinox Capital Ltd is a forex broker based in the UK. Multi-asset trading is available on several platforms, including MT4. This review looks at regulation, account types, demo accounts, and more. Find out if you should login and trade with Infinox.

Infinox Headlines

Operating since 2009, Infinox Capital Ltd is a London-based broker regulated by the UK Financial Conduct Authority (FCA). The award-winning company has over 100 employees based around the world, including the Bahamas, Asia, and the Middle East. As a result, the broker’s clients can also be found everywhere from Vietnam and Thailand to Dubai, Australia, and Portugal.

Infinox caters to all levels of traders who wish to invest in forex, indices, equities, commodities, and futures.  With a focus on customer service and trading tools, the brokerage aims to be more than just a platform to its clients.

Trading Platforms

MetaTrader 4

Infinox offers the all-round MetaTrader 4 (MT4) platform. Popular in customers reviews, users can trade forex, CFDs, and futures with a long list of helpful features, including:

Infinox MT4 platform
MetaTrader 4

MT4 can be downloaded from the broker’s website.

MetaTrader 5

Infinox also offers MetaQuotes’ platform MT5. This is a more advanced platform with support for a greater range of assets, more charting and indicator options and a larger number of order types. All the same functionality of MT4 is maintained, with an increase in software efficiency and additional tools, plus access to equities.

MetaTrader 5

WebTrader

The web-based version of MetaTrader means clients can invest without a software download. This is a great option for those looking to test the platform with a demo account, while getting access to a range of indicators and charts, including moving averages, Bollinger bands, and more.

WebTrader can be opened directly from the Platforms page on the broker’s website and is compatible with most internet browsers, including Chrome and Safari.

Assets & Markets

Infinox offers five main asset classes:

Spreads & Commission

Typical spreads on major currency pairs start at 0.2 pips for EUR/USD, 0.4 pips for GBP/USD, and 0.3 for EUR/GBP. For indices like the FTSE 100, typical spreads are from 0.42 to 2.2 pips; 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 broker’s website, but generally, charges are 1.5-2.8 pips for futures and $0.02 for equity CFDs.

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. The margin on equity CFDs starts at 20% and varies for futures.

The maximum leverage is 1:400, which helps increase your trading power if you are in a region that isn’t regulated by ESMA or if you are a professional client.

Mobile Trading

The MetaTrader platforms are available as mobile apps, which are compatible with iOS and Android smart devices. Users can trade easily anywhere with much of the same functionality as the desktop platforms, including full trading history, financial news, real-time quotes, and more.

MT4 App

The apps can be downloaded from the Apple App Store or Google Play.

Payment Methods

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. The minimum deposit is low at just £1, making the broker appealing to beginners.

Deposits are usually processed the same day while withdrawals require a payment request form to be filled out before processing can begin.

Demo Account

Infinox offers a demo account with their MT4 ECN and MT4 STP accounts. The demo account allows users to practice their strategy in risk-free conditions. Access to the demo account lasts for 30 days and investors receive 10,000 in virtual funds, although this can be increased upon request.

Bonuses & Promotions

As per regulatory restrictions, Infinox does not offer any bonus deals or promotions. However, check the broker’s website and social media channels for news of any upcoming trading contests.

Regulation & Licensing

Infinox Capital Ltd is fully licensed and regulated by the UK Financial Conduct Authority (FCA). Should the broker receive too many online complaints, they may find themselves under investigation. Fortunately, we’re comfortable Infinox is not a scam and can be trusted.

Infinox ensures that client money is segregated from company capital, in accordance with regulatory conditions. The broker is also covered by the Financial Services & Compensation Scheme (FSCS), which compensates clients up to £85,000 in the event of insolvency.

Additional Features

Infinox’s educational resources are fairly limited to guides on trading basics. For in-depth resources, traders should look elsewhere. With that said, the broker does offer Autochartist, a market trend analysis tool available with MT4, MT5, or as a standalone web application.

Infinox Autochartist
Autochartist

Infinox also has a social trading platform that is integrated with MT5 to offer a wide range of assets and advanced tools. Social trading features include automated copy trading, community leaderboards and rewards, strategy sharing and social interactions.

They also offer research through their IX Intel, where you can read the latest news and access user-friendly training guides and materials. The broker is doing a good job of building out its library of market research and trading tips.

Account Types

There are two main account types to choose from at Infinox. Traders can sign up for the MT4 STP (Straight Through Processing) account, where you only pay the spread on a trade; and the MT4 ECN (Electronic Communication Network) account, where you pay lower spreads but also commission. For the STP/ECN accounts, the minimum deposit is just £1 (or EUR/USD/AUD).

Joint and corporate accounts are also available.

Benefits

Reasons to trade with Infinox include:

Drawbacks

Disadvantages of opening an Infinox account include:

Trading Hours

Trading hours for forex are Monday 00:00 to Friday 23:59 UK time. Most equity CFDs are open daily form 08:00 to 16:30 EST and most futures are open Sunday to Friday 6:00 pm to 5:00 pm EST. Opening hours for other markets are more specific and can be found on the broker’s website.

Infinox Customer Support

Customer service is available 24/5 and in 6 languages, including English, Portuguese, Italian, and Arabic.

Investors can contact the customer support team via:

Infinox’s registered office address is Birchin Court, 20 Birchin Lane, London, EC3V 9DU. Details for the Hong Kong office can be found on the website.

Security

The MetaTrader 4 platform follows industry-standard security protocols, including using Secure Sockets Layer (SSL) encryption to protect data exchange between servers. As per the General Data Protection Regulations (GDPR), Infinox also ensures the safety of their data collection processes. The broker’s Privacy Policy can be viewed on the website.

Infinox Verdict

Infinox Capital Ltd has a competitive offering for traders of all levels. Despite the lack of educational resources, the broker offers multiple trading platforms, three account types, £1 minimum deposits, and is FCA regulated. We’re happy to recommend Infinox to our readers.

Accepted Countries

Infinox accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use Infinox from United States, Belgium.

Compare Infinox

Compare Infinox with similar brokers that accept traders from your location. Among available brokers these are the most similar to Infinox:

  1. InstaForex – InstaForex is a CFD broker providing access to forex, stocks, cryptocurrencies, commodities, energies, indices, and more. With competitive fees and a huge range of available assets, the brand offers safe and reliable trading.
  2. IG Group – IG-US offer spread betting, CFD and Forex trading across a range of markets. They are FCA regulated, boast a great trading app and have over 47 year track record of excellence.
  3. World Forex – World Forex offers commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.
  4. Forex.com – Forex.com boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer tight spreads on a cutting edge platform.

Infinox Comparison Table

Compare Infinox With Similar Brokers
Infinox InstaForex IG Group World Forex Forex.com
Rating 3.4 4.1 4.4 4.5
Markets Forex, Stocks, Commodities Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto
Demo Account Yes Yes Yes Yes Yes
Minimum Deposit £1 $/€1 £250 $1 $100
Minimum Trade 0.01 lots 0.01 Lots 0.1 lots 0.01 Lots $1
Regulators FCA BVI FSC FCA, ASIC, MAS, FSCA, JFSA, FMA, CFTC, NFA, BMA, DFSA, FINMA, BaFin SVGFSA CySEC, IIROC, NFA, CFTC, FCA, CIMA
Bonus 30% – 100% Welcome Bonus 100% Deposit Bonus No
Education No No Yes No Yes
Platforms MT4, MT5 MT4, MT5 MT4 MT4, MT5 MT4
Leverage 1:30 1:1000 1:30 1:1000 1:200
Payment Methods 9 11 6 10 8
Detailed Comparison Infinox vs InstaForex Infinox vs IG Group Infinox vs World Forex Infinox vs Forex.com
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Review Infinox
Review
InstaForex
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IG Group
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World Forex
Review
Forex.com
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Compare Trading Instruments

Compare Infinox Trading Instruments
Infinox InstaForex IG Group World Forex Forex.com
CFD Yes Yes Yes Yes Yes
Forex Yes Yes Yes Yes Yes
Stocks Yes Yes Yes Yes Yes
Commodities Yes Yes Yes Yes Yes
Oil Yes Yes Yes Yes Yes
Gold Yes Yes Yes Yes Yes
Copper No No Yes No No
Silver Yes Yes Yes Yes Yes
Corn No No No No No
Crypto No Yes Yes Yes Yes
Futures Yes Yes Yes No Yes
Options No No Yes No Yes
ETFs No Yes Yes No No
Bonds No No Yes No No
Warrants No No No No No
Spreadbetting No No Yes No No
Volatility Index No No Yes No No

Infinox vs Other Brokers

Compare Infinox with any other broker by selecting the other broker below.

Infinox vs

FAQ

Is Infinox A Scam?

Infinox is an FCA regulated and a legitimate broker. Whilst the company is licensed, online trading does come with risks so make sure you take a careful approach to money management.

What Accounts Does Infinox Offer?

Infinox offers two main account types: the MT4 ECN (Electronic Communication Network) account, and the MT4 STP (Straight Through Processing) account. The ECN account is commission-free while the STP account charges through the spread and commissions.

Is Infinox A Good Broker?

Infinox offers competitive spreads on forex and reliable trading platforms. The broker is also regulated by the FCA. With that said, there are other brokers offering lower fees and more advanced trading tools.

Does Infinox Offer A Demo Account?

Yes, Infinox offers a demo account with the MT4 ECN and MT4 STP accounts. Demo accounts are available for 30 days from sign-up and come with 10,000 in virtual funds.

What Platforms Does Infinox Offer?

Infinox offers the MT4 and MT5 desktop and mobile platforms. These are industry favorites and offer all the tools that beginner and seasoned investors need to trade popular financial markets.

Infinox is a UK-based broker offering MT4 trading with tight spreads.

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