Infinox HeadlinesTrading PlatformsAssets & MarketsSpreads & CommissionLeverageMobile TradingPayment MethodsDemo AccountBonuses & PromotionsRegulation & LicensingAdditional FeaturesAccount TypesBenefitsDrawbacksTrading HoursInfinox Customer SupportSecurityInfinox VerdictAccepted CountriesAlternatives to InfinoxFAQ
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:
2000+ built-in technical indicators & multiple chart types
Expert Advisors (EAs) for automated trading
Real-time price quotes
One-click trading
Historical data
9 time frames
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:
Forex – Trade 34+ of the most popular currency pairs, including AUD/USD, EUR/USD, and EUR/GBP
Indices – Trade on some of the world’s largest indices, including the FTSE100 and DAX40
Commodities – Trade on hard and soft commodities such as gold, silver, and oil
Equity CFDs – Buy and sell stocks in the world’s biggest companies, including Google and Facebook
Futures – Trade on futures with real-time Direct Market Access (DMA)
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.
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.
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:
Multiple trading platforms
£1 minimum deposit
FCA regulated
VPS
Drawbacks
Disadvantages of opening an Infinox account include:
Some negative customer reviews
Limited educational resources
No cryptocurrency
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:
Email – support@infinox.com
Telephone – 0-800-060-8744
Live chat – located in the bottom right-hand corner of the website
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.
Alternatives to Infinox
If you are looking for alternatives to Infinox we have compiled a list of the top 5 brokers that are similar to Infinox below. This list of brokers like Infinox is in order of similarity and only includes companies that accept traders from your location.
GO Markets – GO Markets is an ASIC-regulated FX & CFD broker.
FP Markets – FP Markets is a multi-asset broker offering a choice of trading platforms.
Avatrade – Leading forex and CFD broker regulated in Ireland, Australia, Canada and South Africa. Avatrade are particularly strong in integration, including MT4
Vantage – Reliable and affordable trading since 2009. Join over 900,000 others trading on 400+ CFD products over assets like forex, gold, indices, cryptocurrency and shares from 0.0 spreads through TradingView, MT4 or MT5. Vantage is ASIC regulated and client funds are segregated. Open an account in under 5 minutes.
Just2Trade – Just2Trade offer high tech trading on stocks and options with some of the lowest prices in the industry.
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.