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INFINITAS

Vanuatu|5-10 years|
Regulated in Vanuatu|Suspicious Regulatory License|MT4 Full License|Chinese market only|Vanuatu Retail Forex License Revoked|High potential risk|

https://infinitasfx.com

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

1
Server Name
InfinitasGlobal-Live MT4
Server Location Hong Kong

Contact

+64 9-8896536
info@infinitasfx.com
https://infinitasfx.com
Vantu House 133, Santina Parade, Elluk, Port Vila, Efate Vanuatu

Licenses

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

Single Core

1G

40G

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Contact number

English

+64 9-8896536

Chinese (Simplified)

+852 300-85885

Broker Information

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Company Name

INFINITAS Securities LTD.

Company Abbreviation

INFINITAS

Platform registered country and region

Vanuatu

Company website

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Warning: Low score, please stay away! 3
Previous Detection : 2024-04-18
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • VanuatuVFSC (license number: 14678) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

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INFINITAS · Company Summary

INFINITAS Basic Information
Company Name INFINITAS
Founded 2018
Headquarters Vanuatu
Regulations Not regulated
Tradable Assets FX, Precious Metals, Indices, Bonds, Commodities, Securities
Account Types Standard, Premium
Minimum Deposit $500 (Standard), $100,000 (Premium)
Maximum Leverage 1:400
Spreads From 0.5 pips
Commission Not specified
Deposit Methods Bank Wire Transfer, Visa, MasterCard, Maestro, Neteller, Skrill, Sofort, UnionPay
Trading Platforms MetaTrader 4 (MT4)
Customer Support LiveChat, Phone, Email, Fax
Education Resources Trading Basics, Types of Orders, Understanding Forex, Techniques, Fundamental and Technical Analysis, Forex Glossary
Bonus Offerings None

Overview of INFINITAS

INFINITAS is an unregulated brokerage firm based in Vanuatu, offering a range of tradable assets such as FX, Precious Metals, Indices, Bonds, Commodities, and Securities. They provide two account types, Standard and Premium, with different minimum deposit requirements and leverage options. The broker supports the MetaTrader 4 (MT4) platform, known for its user-friendly interface and customizable features. INFINITAS offers educational resources covering various trading topics, but does not provide bonus promotions.

It is important to note that INFINITAS is not regulated by any valid regulatory authority. The lack of regulation raises concerns about transparency, accountability, and investor protection. Traders should exercise caution and carefully consider the associated risks before engaging in any trading activities with INFINITAS.

The brokerage firm has a diverse range of tradable assets and supports the popular MT4 platform, providing traders with a familiar and efficient trading experience. Their educational resources are a positive aspect, as they aim to educate and inform their clients. However, there are drawbacks to consider, such as the lack of regulation, limited number of tradable instruments, unclear commission structure, slow response times for customer support, and the absence of essential trading tools.

Overall, traders should carefully evaluate the pros and cons of INFINITAS and consider their risk tolerance and trading preferences before deciding to trade with an unregulated broker.

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Is INFINITAS Legit?

INFINITAS is not regulated by any valid regulatory authority. The broker does not hold a valid license from the Vanuatu Financial Services Commission (VFSC), and the regulatory status of the company is classified as revoked. It is important to note that trading with an unregulated broker carries inherent risks, as there is no guarantee of fair practices or investor protection. Without regulatory oversight, there may be a lack of transparency and accountability in the broker's operations. Traders should exercise caution and carefully consider the associated risks before engaging in any trading activities with INFINITAS.

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Pros and Cons

INFINITAS is a brokerage firm that offers a wide range of tradable assets and supports the popular MetaTrader 4 (MT4) platform, providing a user-friendly trading experience. Their educational resources are commendable, and they offer multiple customer support channels. However, the lack of regulation is a significant concern, and the limited number of tradable instruments and unclear commission structure are drawbacks. Additionally, the slow response times for customer support and the absence of essential trading tools are areas that need improvement.

Pros Cons
Diverse range of tradable assets Lack of regulation
Supports MetaTrader 4 (MT4) platform Limited number of tradable instruments
Provides educational resources Unclear commission structure
Multiple customer support channels Slow response times for customer support
Competitive spreads (Premium account) Absence of essential trading tools

Trading Instruments

INFINITAS offers a diverse range of trading instruments across various asset classes. In the FX category, traders can access 10 major currency pairs, 17 minor currency pairs, and 20 exotic currency pairs, providing a wide selection for forex trading. Precious Metals available for trading include Gold and Silver, while options for Palladium and Platinum are not mentioned. The broker offers a modest selection of seven options within the Indices and Bonds categories, providing opportunities for traders interested in these markets.

For those looking to trade Commodities, INFINITAS provides access to Crude Oil, Natural Gas, Corn, Soybeans, Wheat, Cocoa, Coffee, and Sugar, allowing traders to participate in the commodities market. The Securities category includes six options, although specific details about the securities offered are not provided.

Overall, while INFINITAS covers various asset classes such as FX, Precious Metals, Indices, Bonds, Commodities, and Securities, the total number of tradable instruments is limited to 70 options. Traders may find a decent selection within these categories, although it is worth considering if the available instruments align with their specific trading preferences and strategies.

Here is a comparison table of trading instruments offered by different brokers:

Product INFINITAS IG Group Just2Trade Forex.com
CFDs No No No Yes
Forex Yes Yes No Yes
Indices Yes Yes No Yes
Commodities Yes Yes No Yes
Futures No Yes Yes Yes
Cryptocurrencies No Yes No Yes
ETFs No Yes Yes No
Shares Yes Yes No No
Options No Yes Yes Yes
Spread Betting No Yes No No
Stocks No No Yes Yes
ADRs No No Yes No
Bonds Yes No Yes No

Account Types

INFINITAS offers two main account types: the Standard account and the Premium account. The Standard account is designed for less experienced traders and requires a minimum deposit of $500. It offers leverage of up to 1:400 and has spreads starting from 1.7 pips on FX Majors. The Premium account, on the other hand, is intended for more experienced traders who can meet the higher deposit requirement of $100,000. It provides leverage of up to 1:100 and has tighter spreads starting from 0.5 pips on FX Majors.

The broker does not provide specific details about commission costs for either account type, and it is unclear if there are any differences in commission charges between the two. The trade sizes, tradable instruments, and supported platforms are not explicitly mentioned but are likely to be similar for both account types.

INFINITAS does not mention the availability of Islamic accounts, and there is limited information regarding any required documentation for opening an account. Additionally, the broker offers demo accounts for practice trading and IB (Introducing Broker) accounts, which are likely designed for individuals or businesses interested in referring clients to the broker.

Traders should review the specific account details and seek further clarification from INFINITAS to ensure a clear understanding of the account types and any associated requirements.

Leverage

INFINITAS offers varying leverage levels depending on the type of trading instrument and the account type. For FX options, the leverage is capped at 1:400 for Standard accounts and 1:100 for Premium accounts. The lower leverage on Premium accounts may be to minimize potential losses for clients with larger deposits.

The leverage options for Indices & Financials depend on the client's account balance. For balances less than $50,000, the leverage is 1:400. For balances between $50,001 and $100,000, it is 1:200, and for balances above $100,000, it is 1:100.

When trading Commodities, the leverage is determined by the account equity. Accounts with equity up to $25,000 have a leverage cap of 1:400. For equity between $25,001 and $50,000, the leverage is 1:200, and for balances exceeding $50,000, the leverage is set at 1:100.

For trading Securities, the leverage option is limited to 1:1, meaning clients cannot trade with borrowed funds in this category. It's important for traders to be aware of the specific leverage limits that apply to each instrument and account type to make informed and risk-conscious trading decisions.

Spreads and Commissions (Trading Fees)

INFINITAS offers different spreads and commission structures depending on the type of trading account and instrument being traded. On the Standard account, traders can expect spreads ranging from 1.7 to 2.2 pips on major currency pairs. Spreads may be higher on minor currency pairs, exotics, and Gold, reaching up to 4 pips. In contrast, the Premium account offers significantly lower spreads, ranging from 0.5 to 1.1 pips on major pairs and 1 to 2.9 pips on minor pairs. The spreads provided on the Premium account are generally below the industry average for major currency options.

The broker generates its revenue primarily through spreads, overnight charges (swaps), and potential commissions. The average spreads on FX options are around 1.6 pips for the Standard account and start from 0.5 pips for the Premium account. The website doesn't clearly specify whether commissions apply to both account types, but it states that there are no commissions for forex trading. However, another section mentions a $1 per side charge for trading Indices.

Traders should carefully consider the applicable spreads and commissions charges for their chosen account type and trading instruments, as these factors can impact overall trading costs and profitability.

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Non-Trading Fees

When it comes to non-trading fees, INFINITAS does not charge overnight fees for CFD contracts on Indices and fixed incomes, as these contracts have expiry dates. However, traders should be aware of the concept of swaps or rollovers, which are interest rate calculations that determine the cost or reward associated with holding positions overnight. Rollover applies to all positions that are opened before 00:00 and remain open after 00:00 CET. If a position is rolled over from Wednesday to Thursday, the settlement date typically falls on Monday.

It's important for traders to understand the rollover mechanism and consider its potential impact on their trading strategies, particularly when holding positions overnight. While INFINITAS does not impose specific non-trading fees, the rollover costs or benefits should be taken into account as part of the overall trading costs and profitability analysis.

Deposit & Withdraw Methods

INFINITAS requires a minimum deposit of $500 for their Standard account types and $100,000 for their Premium account. They offer various deposit methods including Bank Wire Transfer, Visa, MasterCard, Maestro, Neteller, Skrill, Sofort, and UnionPay. However, specific information about fees and processing times is not provided.

Withdrawal costs and conditions are not clearly outlined by the broker. It is unclear if there are any restrictions on withdrawal methods or if specific fees apply. The broker does not disclose information regarding withdrawal processing and wait times. It is reasonable to assume that processing times may take 1-2 business days, although Wire Transfers may require additional time for funds to be received. Withdrawal timeframes for electronic payment methods and card transactions vary.

Overall, more transparency from the broker regarding fees, conditions, and processing times for deposits and withdrawals would be beneficial for clients.

Here is a comparison table of minimum deposit required by different brokers:

Broker INFINITAS Exnova Tickmill GO Markets
Minimum Deposit $500 $10 $100 $200

Trading Platforms

INFINITAS supports the popular trading platform MetaTrader 4 (MT4). MT4 is known for its user-friendly interface and customizable features, making it suitable for traders of all levels. It offers one-click trading, real-time quotes, market and pending orders, economic news headlines, strategy backtesting, price alerts, and trailing stops. MT4 is available for PC, Mac, mobile devices, and can be accessed through a browser-based WebTrader. INFINITAS provides its clients with convenient access to this widely used and feature-rich trading platform.

Customer Service

INFINITAS provides customer support from Monday to Friday, between 09:00 and 21:00. They offer various contact methods, including LiveChat, phone, email, fax, and online forms for both general inquiries and callback requests. However, it's important to note that based on our experience, the availability of LiveChat agents may be limited, even during business hours. We attempted to contact support multiple times but received a message stating that no agents were online.

Due to the unavailability of LiveChat, we resorted to email communication. However, it took more than 24 hours to receive a response, which indicates slow response times. For urgent matters, contacting the broker directly through phone may be the fastest option. The provided contact information includes phone numbers, fax number, and email addresses for technical support and sales inquiries.

Overall, while INFINITAS offers multiple channels for customer support, the limited availability on LiveChat and slow response times via email may be areas for improvement in their customer service.

customer-support

Educational Resources

INFINITAS provides educational resources to support their clients' learning. These resources cover various topics such as Trading Basics, Types of Orders, Understanding Forex, Techniques, Fundamental and Technical Analysis, and a Forex Glossary. While the inclusion of educational material is commendable, it would be beneficial for the broker to expand the range of information and incorporate additional resources like video tutorials or e-books.

Trading Tools

INFINITAS currently lacks important trading tools such as calculators, an economic calendar, and market news on their website. These tools are valuable for traders to make informed decisions and stay updated on market developments. The absence of these tools limits the convenience and support available to clients. Enhancing their website with these essential trading tools would greatly benefit their clients and create a more comprehensive trading environment.

Conclusion

INFINITAS is an unregulated brokerage firm based in Vanuatu that offers a variety of tradable assets and supports the popular MetaTrader 4 (MT4) platform. While the broker provides a diverse range of assets and educational resources, there are several disadvantages to consider. The lack of regulation raises concerns about transparency, accountability, and investor protection. Additionally, the limited number of tradable instruments, unclear commission structure, slow customer support response times, and absence of essential trading tools are drawbacks. Traders should carefully evaluate the pros and cons of INFINITAS and consider their risk tolerance and trading preferences before deciding to trade with an unregulated broker.

FAQs

Q: Is INFINITAS a regulated brokerage firm?

A: No, INFINITAS is not regulated by any valid regulatory authority.

Q: What types of assets can I trade with INFINITAS?

A: INFINITAS offers a range of tradable assets, including FX, Precious Metals, Indices, Bonds, Commodities, and Securities.

Q: What are the minimum deposit requirements for INFINITAS?

A: INFINITAS has two account types: Standard and Premium. The minimum deposit for the Standard account is $500, while the Premium account requires a minimum deposit of $100,000.

Q: What is the maximum leverage offered by INFINITAS?

A: The maximum leverage offered by INFINITAS is 1:400, but it may vary depending on the account type and trading instrument.

Q: What trading platform does INFINITAS support?

A: INFINITAS supports the MetaTrader 4 (MT4) trading platform, known for its user-friendly interface and customizable features.

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nanni
more than one year
fake poker Lots of iB guys beware of scammers.
2022-11-03 19:33
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