Score
INFINOX
United Kingdom|5-10 years| http://www.infinox-dealer.com/en
Website
Rating Index
Contact
Licenses
Licensed Institution：Infinox Capital Limited
License No.：501057
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
United Kingdom
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Website
infinox-dealer.com
Server Location
Hong Kong
Website Domain Name
infinox-dealer.com
Server IP
103.1.224.243
Company Summary
General Information & Regulation
This Infinox says it is a forex broker registered in UK, offering trading in forex currency pairs, indices, equities, commodities, and futures. This Infinox is a clone firm which traders should stay away from.
Markets Instruments
Infinox offers five main asset classes:
Forex – Trade 50 of the most popular currency pairs, including AUD/USD, EUR/USD, and EUR/GBP
Indices – Trade on some of the worlds largest indices, including the FTSE100 and DAX40
Commodities – Trade on hard and soft commodities such as gold, silver, and oil
Equities CFDs – Buy and sell stocks in the worlds biggest companies, including Google and Facebook
Futures – Trade on futures with real-time Direct Market Access (DMA)
Minimum Deposit
There are three account types to choose from at Infinox. For the STP/ECN accounts, the minimum deposit is just £1 (or EUR/USD/AUD) and for the futures CQG account, the minimum deposit is $5,000.
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
Spreads & Commissions
Typical spreads on major currency pairs start at 0.3 pips for EUR/USD, 0.5 pips for GBP/USD, and 0.8 for EUR/GBP. For indices like the FTSE 100, typical spreads are 100 points 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 brokers website, but generally, charges are 3.5 for futures and 0.10% for equity CFDs.
Trading Platform Available
Infinox is an unregulated broker, it offers the counterfeit MT4 trading platform where trading on it is full of risks.
Deposit & Withdrawal
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.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
News
News INFINOX Gives Further Push to Institutional Desk With New Executive Manager Lee Holmes
Holmes will be supporting the overall IXO Prime business model, including process, policy, product and technology.
2022-05-10 10:08
News INFINOX Makes Another Strategic Hire, Brings in Adam Saward as Executive Management
Saward will be leading the global strategy division at INFINOX and he has nearly two decades of experience in prime brokerage services, including electronic execution and CFD offerings.
2022-04-28 11:26
News INFINOX Hires Head of Institutional Sales MENA to Ramp Up IXO Prime Offering
Aaron Brown will be joining INFINOX to lead the IXO Prime institutional sales desk as Head of Institutional Sales MENA.
2022-04-27 18:00
Review 9
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爱与诚
Hong Kong
I was scammed to deposit for a 500k event and I can only withdraw after a depositing 500k. Now, I do not have money. The platform does not withdraw for me. Please help me. I am a Chinese citizen
Exposure
2023-02-10
爱与诚
Hong Kong
I was induced to make a loan and deposit 280k. I was scammed that I need to reservce 500K for event. Now, I do not have money to deposit and complete it. I cannot withdraw. Please supervision check that if it is a fraud platform. Please help me to get my money back. I am a Chinese
Exposure
2023-01-31
难忘初衷
Hong Kong
I was cheated of 80,000 yuan, making me bankrupted
Exposure
2021-03-23
Lik__
Hong Kong
A clone one of INFINOX. I saw a post in the WeChat Moments, which said there would be a teacher helping u profit 8 to 12 times. You should pay commissions after operations. I deposited 70,000 and profited 700,000. Then 112,800 was required as identification fee for wrong bank account. But I checked many times. They must change my data in the background. My application for withdrawals was approved, but 150,000 certification fee was needed for I didn’t open international collection business. I deposited 182,800 in total, in the end, I can’t withdraw funds at all. The platform said my money would be given to Red Cross Foundation if I didn’t pay certification fee. Is there anyone who was cheated by the same scam?
Exposure
2021-01-14
Lik__
Hong Kong
At first, I was told that my bank account was wrong and 118,000 was needed. After that, 150,000 certification fee was required by the Citibank!
Exposure
2021-01-12
廉鹏
Hong Kong
When I withdrew, I was told that my info was wrong and I have to pay 10% margin to modify it. This is the first time that I've heared I have to pay margin to modify info
Exposure
2020-12-21
烽火24768
Hong Kong
INFINOX doesn’t allow me to withdraw with varied reasons, such as deposit, reputation, tax and so on. And they also want to seal my account. My problems haven’t been solved yet.
Exposure
2020-08-29
我有一个梦想
Australia
INFINOX is a hateful company! For the first time, I know that there are also counterfeit trading platforms. Yes, the so-called metatrader they provide is a fake platform, so I found that many times the price of the trading product is very different from the market, which caused me to lose money all the time.
Neutral
2023-03-15
FX1684593876
Peru
The customer service experience was prompt and very helpful. Went above and beyond to make sure my problem was resolved as quick as possible.
Positive
05-31