|Regulated
WikiFX Score
United Kingdom
Comparison
The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!
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No restriction on the broker account. Provide service support by WikiFX
Single Core
1G
40G
Company Name
Infinox Capital Limited
Phone of the company
4402037134490
Twitter
Customer Service Email Address
support@infinox.com
Company address
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The number of the complaints received by WikiFX have reached 36 for this broker in the past 3 months, please be aware of the risk and the potential scam!
The BahamasSCB regulatory with license number: SIA F-188 is an offshore regulatory, please be aware of the risk!
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The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry. On 19 December 2012, the Financial Services Act 2012 received royal assent, and it came into force on 1 April 2013. The Act created a new regulatory framework for financial services and abolished the Financial Services Authority. The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the United Kingdom. It focuses on the regulation of conduct by both retail and wholesale financial services firms.
Current Status:
RegulatedLicense Type:
Market Making(MM)Regulated in Country/Area
Regulatory License No.：
501057Email Address of Licensed Institution :
compliance@infinox.co.ukLicense Type:
No SharingWebsite of Licensed Institution :
Expiry Date :
--Address of Licensed Institution :
Birchin CourT 20 Birchin Lane London EC3V 9DU UNITED KINGDOMPhone Number of Licensed Institution :
44 02037134490The Securities Commission of The Bahamas (“the Commission”)（SCB) is a statutory body established in 1995 pursuant to the Securities Board Act, 1995. That Act has since been repealed and replaced by new legislation. The Commission’s mandate is now defined in the Securities Industry Act, 2011 (SIA, 2011). The Commission is responsible for the administration of the SIA, 2011 and the Investment Funds Act, 2003 (the IFA), which provides for the supervision and regulation of the activities of the investment funds, securities and capital markets. The Commission, having been appointed Inspector of Financial and Corporate Services in 1 January 2008, is also responsible for administering the Financial and Corporate Service Providers Act, 2000.
Current Status:
Offshore RegulatoryLicense Type:
Retail Forex LicenseRegulated in Country/Area
Regulatory License No.：
SIA F-188Email Address of Licensed Institution :
anthony.stubbs@ixcg.bs,sherella.gibson-sturrup@ixcg.bsLicense Type:
No SharingWebsite of Licensed Institution :
Expiry Date :
--Address of Licensed Institution :
109 Church Street, Sandyport, Marina VillagePhone Number of Licensed Institution :
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General Information & Regulation
INFINOX is a Forex and CFD online trader, founded in 2009 and headquartered in London, UK, with offices in 15 countries/regions worldwide. It currently holds a full license from the Financial Conduct Authority (FCA) (Regulatory No. 501075) and a retail forex license from the Securities Commission of the Bahamas (SCB) (Regulatory No. SIA F-188).
Market Instruments
Infinox provides traders with access to mainstream and popular financial trading instruments in the global financial markets, including Forex (49 currency pairs), stocks CFDs, indices, commodities, futures CFDs, etc.
Minimum Deposit
Infinox offers a choice of three accounts for traders, IX social, MT4&MT5 STP account and the MT4 & MT5 ECN account. The minimum deposit for opening an account is $1, which sounds a great oportunity for beginners.
INFINOX Leverage
As a UK based broker, Infinox complies with the FCA regulation offering leverage up to 1:30 for major currencies, 1:20 for minor currecies, and 1:10 for commodities. However, an international proposal with SCB guidance allows the higher leverage up to 1:200. Please keep in mind that leverage may magnify potential profits but also increase risk to a large extent.
Spreads & Commissions
The minimum forex spreads for STP accounts in MT4 are 1.2 for GBPUSD, 0.25 for GoldUSD, and 0.17 for SilverUSD. The minimum Forex spreads for ECN accounts are 0.2 for Europe and the US, 0.17 for GoldUSD, and 0.12 for Silver USD. The minimum spreads for STP accounts in MT5 are 0.7 for Euro pounds and 0.23 for gold dollars, while the minimum spreads for ECN accounts are 0.3 for Europe and America and 1.8 for gold. The minimum spreads for futures are 0.35. the minimum average spreads for indices and commodities are 0.03 for STP accounts and 0.02 for ECN accounts.
Trading Platform Applied
MetaTrader is the world's most popular trading platform designed to provide traders with charting and data analysis to help traders trade Forex, indices, gold, commodities, and more on the global market. These two platforms have advanced charting features, technical analysis, available for EA (intelligent trading), and one-click trading. MT4 has 9 timeframes, 4 pending orders, MQL4 script, hedging mode, 30 indicators.MT5 has 21 timeframes, 6 pending orders, MQL5 script, hedging mode and netting, 38 indicators. MT4 can trade Forex, indices, metals, crude oil; MT5 can trade Forex, indices, metals, crude oil, and stocks.
Deposit & Withdrawal
Withdrawal and deposit methods are supported by Skrill, Neteller, Visa/Master, Wire Transfer, Maestro, accepting currencies of USD, EUR, GBP, AUD, and no commission is charged for deposits. Withdrawal requests will be processed on the same day.
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United States
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email：support@wikifx.com；
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;+44-7517747077
License or other information error correction, please send the information to:qawikifx@163.com;
Cooperation:kfwikifx@163.com
The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.
Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.
Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.
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