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/10

INFINOX LTD

China|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://www.infinoxbs.com/

Website

Rating Index

Contact

https://www.infinoxbs.com/

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

INFINOX LTD

Company Abbreviation

INFINOX LTD

Platform registered country and region

China

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 4
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

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INFINOX LTD · Company Summary

Note: INFINOX LTD is to operate via the website - https://www.infinoxbs.com/, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Risk Warning

The United Kingdom FCA regulation (license number: 501057) claimed by INFINOX LTD is suspected to be a clone. Please be aware of the risk!

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

Feature Detail
Regulation Suspicious clone
Market Instrument N/A
Account Type STP & ECN
Demo Account N/A
Maximum Leverage 400:1
Spread N/A
Commission N/A
Trading Platform N/A
Minimum Deposit $500
Deposit & Withdrawal Method N/A

INFINOX LTD is allegedly a financial services company registered in China that claims to provide its clients with leverage up to 400:1 and a choice of two different live account types.

As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, spreads, trading platforms, etc.

As for regulation, it has been verified that INFINOX LTD holds a suspicious clone Financial Conduct Authority (FCA) license. That is why its regulatory status on WikiFX is listed as “Suspected Fake Clone” and receives a relatively low score of 1.35/10. Please be aware of the risk.

General Information & Regulation
General Information & Regulation

Account Types

INFINOX LTD claims to offer two types of trading accounts - STP and ECN, with minimum initial deposit requirements of $500 and $10,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.

Leverage

The leverage provided by INFINOX LTD is capped at 400:1. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Deposit & Withdrawal

The minimum initial deposit requirement with INFINOX LTD is said to be $500. Without access to its official site, we cannot say what kind of payment methods are available with the broker.

Customer Support

Unluckily, we didn‘t find any useful information about INFINOX LTD’s customer support on the Internet. Generally, regulated brokers will reveal their telephone numbers, email or company address to let their clients get in touch with them.

Pros & Cons

Pros Cons
N/A • No regulation
• Website inaccessible
• High minimum initial deposit required

Frequently Asked Questions (FAQs)

Q 1: Is INFINOX LTD regulated?
A 1: No. It has been verified that the United Kingdom FCA regulation (license number: 501057) claimed by INFINOX LTD is suspected to be a clone.
Q 2: What is the minimum deposit for INFINOX LTD
A 2: The minimum initial deposit to open the basic STP account is $500, while as high as $10,000 for the ECN account.
Q 3: Is INFINOX LTD a good broker for beginners?
A 3: No. INFINOX LTD is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website and high initial deposit requirement.

News

WIKIFX REPORT: INFINOX Clients in Southeast Asia Now Have Access to MetaTrader 5 Software

NewsWIKIFX REPORT: INFINOX Clients in Southeast Asia Now Have Access to MetaTrader 5 Software

2022-06-27 14:51

Online brokerages are tailoring their offers to the environment and altering their terms appropriately, for the advantage of their clients, as global markets re-adapt to what appears to be a post-pandemic reality.

WikiFX
2022-06-27 14:51
News
WIKIFX REPORT: INFINOX Clients in Southeast Asia Now Have Access to MetaTrader 5 Software
WIKIFX REPORT: UK-based online trading firm Infinox sets up SA office

NewsWIKIFX REPORT: UK-based online trading firm Infinox sets up SA office

2022-06-27 14:35

UK-based online trading firm Infinox has expanded into SA, after recording a 925% surge in trading volumes across Africa in 2020.

WikiFX
2022-06-27 14:35
News
WIKIFX REPORT: UK-based online trading firm Infinox sets up SA office
WIKIFX REPORT: INFINOX ROLLS OUT MT5 TO ENHANCE MULTI ASSET TRADING OFFERING

NewsWIKIFX REPORT: INFINOX ROLLS OUT MT5 TO ENHANCE MULTI ASSET TRADING OFFERING

2022-06-27 14:28

The INFINOX MT5 platform features 21 different timeframes, a built-in economic calendar delivering news, 9 different order types, Depth of Market, access via desktop and mobile app.

WikiFX
2022-06-27 14:28
News
WIKIFX REPORT: INFINOX ROLLS OUT MT5 TO ENHANCE MULTI ASSET TRADING OFFERING
WIKIFX REPORT: INFINOX launches global end-to-end crypto trading solution

NewsWIKIFX REPORT: INFINOX launches global end-to-end crypto trading solution

2022-06-07 18:15

INFINOX now provides instant and leveraged crypto trading, available 24/7, with zero deposit or withdrawal fees - all in one platform

WikiFX
2022-06-07 18:15
News
WIKIFX REPORT: INFINOX launches global end-to-end crypto trading solution

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