INFINOX Broker: Comprehensive Review

INFINOX Capital is no newcomer to the forex industry, having started operation from its headquarters in London in 2009. Since that time, it has grown to become an award-winning CFD broker with over 100 employees placed all around the world. As a result, the broker also has clients from Latin America all the way to South East Asia.

INFINOX is a broker that has something for every level of trader, from beginners to professionals. With offerings in forex, commodities, stocks, indices, cryptocurrencies, and futures there is always an opportunity to be found at INFINOX. And thanks to the broker’s focus on customer service, it is more than just an on-ramp to the financial markets for its clients.

INFINOX Benefits

• Regulated by the U.K. Financial Conduct Authority.
• Regulated by the Securities Commission of the Bahamas.
• Regulated by the Financial Sector Conduct Authority of South Africa.
• Regulated by the Financial Services Commission of Mauritius Low spreads.
• Social trading available (IX Social App).
• Trading on industry leading platforms MetaTrader 4 & MetaTrader 5.
• An all-in-one multi-asset trading platform (IX One).
• Award winning client services.

Broker Regulation

INFINOX is regulated by the Financial Conduct Authority (FCA) in the U.K. Remaining fully compliant with all the regulations put in place by the FCA means traders can enjoy a safe trading experience, with a broker that has their best interests in mind. Client deposits remain fully segregated as demanded by FCA regulations, providing protection to clients in the unlikely event that the broker would default on its financial obligations. INFINOX is also part of the Financial Services Compensation Scheme (FSCS), which covers client deposits up to £85,000.

It also provides negative balance insurance so that clients can never lose more than they have deposited. As an added security INFINOX has taken out an additional insurance policy that covers each client for up to £500,000. INFINOX is also regulated by the Securities Commission of the Bahamas (SCB). Under the SCB, INFINOX offers $1,000,000 USD Insurance.

The insurance policy became effective 1 May 2020 and will continue until 30 April 2021. Up to USD $1,000,000 per Claimant. The company is also regulated by other entities such as the Financial Sector Conduct Authority (FSCA) of South Africa and by the Financial Services Commission (FSC) of Mauritius.

Account types

INFINOX keeps things simple with just a pair of basic accounts to choose from. Traders can either sign up for the STP (Straight Through Processing) account that has no commissions, but higher spreads that begin at 0.9, or the ECN (Electronic Communication Network) account that has lower spreads starting at 0.2, but also charges a commission of £5/€5.5/$7.5.

They also have the option to open a joint account with a partner or open a corporate account and trade through your company’s entity.

And those who wish to test the platform before trading are free to register for a demo account that comes with virtual money to try out trading with INFINOX before committing to a deposit.

Trading Platforms

INFINOX offers both the original MetaTrader 4 platform that is designed for forex trading, and the newer MetaTrader 5 platform that has been optimised for CFD trading. Both are available in the desktop, mobile, and web trader versions of the platform. In either case traders enjoy a minimum of all the following features:

• 30+ 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.

For those wishing to trade equity CFDs the MetaTrader 5 platform is required.

IX Social

IX Social is the social trading platform offered by INFINOX where you can provide your own trading service to a community of traders and make some extra money, or you can follow the trades of expert traders in hopes of adding to your profits effortlessly. It is a cutting-edge social trading platform designed for the 21st century and encourages traders to not only copy the strategies of experts, but to observe and learn from them in order to create their own powerful trading strategies.

IX One

IX One is an all-in-one multi-asset platform established by INFINOX. Recently launched, the trading platform is packed with essential tools offering a unique experience for traders coming from different backgrounds.

To enhance the journey, the user-friendly platform has been designed to meet any trader’s needs by being fully customizable and available on both mobile and web. IX One enables access to over 40 widgets used to create a personal trading dashboard, alongside different charting options, 120+ technical analysis indicators, self-analysis of trading performance and trading news as well.

Available Assets

There are six primary asset types offered at INFINOX:

• Forex: Trade over 49 of the most popular currency pairs with leverage up to 300:1, including EUR/USD, AUD/USD, and EUR/GBP.
• Indices: Trade more than 15 of the world’s most popular indices, including the FTSE100, the S&P 500, and the Nasdaq.
• Commodities: Trade on hard and soft commodities such as gold, silver, and oil.
• Equities CFDs: Buy and sell stocks in the world’s biggest companies, including Apple and Amazon.
• Futures: Trade on futures such as gold and oil.
• Crypto: INFINOX now offers crypto CFDs trading. You can buy and sell a wide range of cryptocurrencies with zero fees on deposits and withdrawals.

Education and Research

INFINOX provides its own in-house research and education for traders through the IX Intel section on its website. There are categories for news, education and research. The research section is updated daily with articles that focus on the financial instruments that are moving that day.

It provides a great range of articles to plan your trading on a daily and weekly basis with “Espresso Morning Call” articles perfect for day trading and ‘’Week Ahead’’ articles perfect for longer term trading. The education section is also updated regularly with articles on trading basics, risk management and more. All designed to save you time and help you improve your trading skills as quickly as possible.

Customer Service

Customer service is available 24/5 and is offered in fifteen languages that include English and Arabic. Customer support can be contacted via email, telephone, and through live chat on the website itself. In some regions it also offers WhatsApp, Telegram, and Facebook messenger to make it even easier to contact the team. There are many toll-free telephone numbers for contacting the broker in countries across the globe which can be found on the Contact page of the website.

• Phone: 800 060 8744 (UK)
• Webform: Contact Us Form
• Email: support@infinox.com

In Conclusion

INFINOX is a CFD broker with FCA regulation as well as being regulated from the SCB, FSCA and FCA and having a long history of trustworthy service. The broker holds to all the necessary regulations, making it a safe and secure broker. In addition, they provide clients with access to both STP and ECN trading in many assets. This is ideal for any trader.

The award winning MetaTrader 4 and MetaTrader 5 platforms give clients access to an excellent range of tools, and social trading is enabled via the IX Social app.

Their newest trading platform, IX One, is now available for traders of all experiences to simplify their trading experience on a single platform, all while benefiting from unique features.

INFINOX has put a lot of resources into their research and education centre. The IX Intel section is of great value traders that are looking for live market updates and exclusive education.

Overall, we found INFINOX to be a solid global CFD broker suitable for all levels and types of traders