Do you want to know which is the better broker between easyMarkets and INFINOX ?
In the table below, you can compare the features of easyMarkets , INFINOX side by side to determine the best fit for your needs.
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of easymarkets, infinox lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
|Regulated by||CYSEC, ASIC|
|Year(s) of establishment||15-20 years|
|Trading instruments||Forex instruments, global indices, energies, metals and cryptocurrencies including Bitcoin, Ripple and Ethereum.|
|Minimum Initial Deposit||200 AUD|
|Minimum spread||0.0 pips onwards|
|Trading platform||MT4, WebTrader, Mobile App|
|Deposit and withdrawal method||Bank Wire Transfer, Local Bank Credit/Debit Cards, NetellerSkrill, and more.|
|Customer Service||Email/ phone number/ address|
|Fraud Complaints Exposure||Yes|
General information and regulations of easyMarkets
easyMarkets is an online forex broker registered in Cyprus, well regulated by ASIC and CYSEC and has a history more than a decade.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on.
At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.
Currency pairs, indices, commodities, metals, energy, cryptocurrencies, options.....easyMarkets allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on easyMarkets.
Spreads and commissions for trading with easyMarkets
easyMarkets does not detail on its website additional trading costs such as spreads, SWAPs, etc. These costs are very important when calculating profits and losses, and should be considered in aggregate and not chosen in isolation. If you want to trade with easyMarkets, we recommend that you take the time to calculate these transaction costs. However, we can see that all accounts in easyMarkets have no commissions.
Account Types for easyMarkets
Demo Account: easyMarkets provides a demo account that allows you to try out the financial markets without the risk of losing money.
Live Account: easyMarkets offers three account options for traders, namely the Standard, the Premium and the VIP accounts. The Standard account requires a minimum deposit of 200 AUD, and it should be noted that the initial deposit requirement for the premium and the VIP account are higher, 3000 AUD and 10,000 AUD respectively.
Trading platforms offered by easyMarkets
easyMarkets offers traders the flexibility to choose from the easyMarkets web platform, mobile app, and easyMarkets MT4 trading software. The easyMarkets platform is user-friendly, and feature-rich, also suitable for experienced traders. Traders can access easyMarkets' free guaranteed stop loss, no slippage, fixed spreads, and access fees. The easyMarkets trading application offers various trading options based on the trader's objectives and strategies, providing access to market dynamics and real-time prices without leaving the application. The easyMarkets MT4 includes over 80 markets in currencies, metals, commodities, indices, and cryptocurrencies with the ability to trade CFDs with one click, create custom trading templates, or select pre-involved templates. MT4 is available for iPhone, iPad, Android phones, tablets, and PCs.
Leverage offered by easyMarkets
You can't find information about trading leverage on easyMarkets's website. Some forex brokers offer leverage of up to 1:500, but newbies are advised to be cautious about such high leverage.
Deposit and withdrawal methods and fees
easyMarkets is ambiguous about how deposits and withdrawals work. Wire transfers, MasterCard, VISA, Maestro and some e-wallet processors such as Skrill, Neteller, PayPal and others are some of the most frequent and popular payment methods handled by most Forex brokers. The speed of withdrawing funds from a forex broker is also one of the most important factors in building a broker's reputation.
A series of educational resources is available at easyMarkets, such as webinars, technical analysis, fundamental analysis, knowledge, articles, strategies, and so on.
Customer support of easyMarkets
Below are the details about the customer service.
Service hours: 24/5
Telephone: 1300 303 908
Sydney: +61 2 9299 5800
Sydney Dealing Room Direct Tel: +61 2 9299 9466
fax to: Sydney: +61 2 9299 6800
Address: Sydney: Suite 703, 65 York Street, Sydney NSW 2000.
Social media: Facebook, Weibo, google+, LinkedIn, YouTube, twitter
Users exposures on WikiFX
On our website, you can see that some users have reported scams. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.
Advantages and disadvantages of easyMarkets
Many instruments available
Few information available
No copy trading
Frequent asked questions about easyMarkets
Is this broker well regulated？
Yes, it is currently effectively regulated by ASIC and CYSEC.
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.
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)
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 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.
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive easymarkets and infinox are, we first considered common fees for standard accounts. On easymarkets, the average spread for the EUR/USD currency pair is 1.2 pips pips, while on infinox the spread is --.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
easymarkets is regulated by ASIC,CYSEC. infinox is regulated by FCA.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
easymarkets provides trading platform including VIP,Premium,Standard and trading variety including --. infinox provides trading platform including -- and trading variety including --.