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The WikiFX Score of this broker is reduced because of too many complaints!

INFINOX

United Kingdom|2-5 years|
Fake MT4|Regional Brokers|High potential risk|

http://www.infinox-dealer.com/en

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Counterfeit

2
Server Name
IFTD-Demo MT4
Server Location Hong Kong

Contact

mail@infinox-dealer.com
http://www.infinox-dealer.com/en
The WikiFX Score of this broker is reduced because of too many complaints!

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

Company Abbreviation

INFINOX

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 5
Previous Detection : 2024-05-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 6 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

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Expose

    INFINOX · 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.

    News

    INFINOX Gives Further Push to Institutional Desk With New Executive Manager Lee Holmes

    NewsINFINOX Gives Further Push to Institutional Desk With New Executive Manager Lee Holmes

    2022-05-10 10:08

    Holmes will be supporting the overall IXO Prime business model, including process, policy, product and technology.

    WikiFX
    2022-05-10 10:08
    News
    INFINOX Gives Further Push to Institutional Desk With New Executive Manager Lee Holmes
    INFINOX Makes Another Strategic Hire, Brings in Adam Saward as Executive Management

    NewsINFINOX Makes Another Strategic Hire, Brings in Adam Saward as Executive Management

    2022-04-28 11:26

    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.

    WikiFX
    2022-04-28 11:26
    News
    INFINOX Makes Another Strategic Hire, Brings in Adam Saward as Executive Management
    INFINOX Hires Head of Institutional Sales MENA to Ramp Up IXO Prime Offering

    NewsINFINOX Hires Head of Institutional Sales MENA to Ramp Up IXO Prime Offering

    2022-04-27 18:00

    Aaron Brown will be joining INFINOX to lead the IXO Prime institutional sales desk as Head of Institutional Sales MENA.

    WikiFX
    2022-04-27 18:00
    News
    INFINOX Hires Head of Institutional Sales MENA to Ramp Up IXO Prime Offering

    User Reviews

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    User comment

    3

    Comments

    Write a review

    exotrader
    more than one year
    This platform has proven to be fraudulent, causing significant financial harm. Withdrawal attempts were met with suspicious demands, including a 10% margin for correcting withdrawal information. Additionally, I fell victim to a clone group posing as INFINOX, leading to the loss of my funds. Exercise extreme caution when considering INFINOX, as their practices indicate potential risks. Explore more reputable alternatives to protect your investments.
    2023-12-15 19:12
    Reply
    0
    0
    我有一个梦想
    more than one year
    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.
    2023-03-15 16:41
    Reply
    0
    0
    A 外汇投资理财 ~熊超17388205186
    more than one year
    After trading on this platform for less than a month, the money in the account was lost, and they kept asking me to deposit more money. . . I refused them to threaten me, it's inhumane, these shameless liars!
    2022-12-13 15:52
    Reply
    0
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    7
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    United States
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