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INFINOX is a globally regulated FX and CFD broker. It was launched in 2009, and its services are available in 15 countries. Three licenses confirm its integrity, issued by the FCA, SCB, and FSC.
This article will outline its key characteristic features and provide INFINOX trading platform feedback from its customers. Key Facts About the Brand INFINOX positions itself as a premium partner broker that strives to create a framework for long-lasting relationships with its clients. Its team consists of over 500 employees.
The broker provides tools and services to customers to assist them in maximizing their revenue. Its core values are integrity, ambition, inspiration, and excellence. This broker caters predominantly to corporate entities but accepts private users as well.
They can trade CFDs on Forex, indices, cryptocurrencies, equities, commodities, and futures. Depending on the asset, leverage of up to 1:1000 can be available—this can come in handy for customers who lack their own funds. The minimum amount of a lot is 0.
01, which enables users to execute a wide spectrum of strategies. One can open up to 1,000 orders at a time, which is especially important for traders who handle substantial budgets. INFINOX offers over 1,000 assets and its monthly trading volume exceeds 1 trillion USD.
Customers can be sure of their funds’ safety because the latter are kept in segregated accounts. The broker’s main server is situated in the UK, plus there are others located in different countries, which guarantees the highest possible execution speed. Registration and Verification To sign up for INFINOX, one needs to fill in a concise form on the broker’s website.
They should share their basic personal and contact details as well as specify whether they want to trade as individuals or business representatives. After creating an account, a new user needs to verify it. Private individuals should send the administration a scan of their ID or passport and a scan of a utility bill issued in their name.
Representatives of corporate entities might need to submit their business documents. Signed-in users can access a well-thought-out client area. It makes sense to check it regularly to find out about the available bonuses and promotions.
If a customer refrains from trading, they will not be subject to an inactivity fee. However, an account can be archived if there is no money left on it and its owner does not use it for 90 days. Account Types Each individual has the right to register up to 10 accounts with INFINOX.
There are two main account types: To avoid commissions, a trader can opt for an STP account. It offers spreads starting from 0.9.
Users who prefer lower spreads starting from 0.2 can consider the ECN type. Both types are compatible with USD, GBP, EUR, and AUD.
If a client is planning to manage their funds collaboratively with someone else, they can open a joint account under a joint agreement. Representatives of the Muslim faith can apply for a swap-free account, and beginners can train with a demo account for a month. It precisely recreates real-life trading conditions but does not involve earning or losing real money.
Multi-Account Management INFINOX also offers MAM/PAMM accounts, which allow skilled traders to access pre-set strategies or set up their own solutions that others can connect to. Clients can use a convenient interface to monitor the performance of managers they have entrusted their funds to. Traders appreciate the convenience of handling multiple accounts at once and automatically distributing the profits.
Trading Platforms When analyzing the INFINOX pros and cons, some users mention the lack of a custom trading terminal. Instead, this broker allows its clients to install the fourth or fifth version of the well-known MetaTrader platform. MT4 remains more popular among forex traders, while MT5 offers a broader range of instruments, including Forex, indices, commodities, and stocks, along with more timeframes.
MT5 also operates slightly faster. Both platforms are available in desktop and mobile formats and support Expert Advisors to help automate trades. Besides, there is an IX Social mobile app for people interested in copy trading and social trading.
There, they can automate their trades and exchange experiences with others. The app lets users follow the strategies of the chosen experts, set risk parameters, and access groups for market content. Just like on a social media platform, users can follow each other, like posts, and leave comments.
A leaderboard displays the performance of traders, who others can follow based on their profitability. Services for Institutional Clients Businesses can benefit from the IXO Prime services. INFINOX can provide them with proprietary technological solutions and multi-asset liquidity.
Companies will receive regular updates on the efficiency and performance of their financial operations. Personal managers will be available to assist them. The LD4 hosting is used to directly access global markets.
The broker ensures no-latency trading, including its algorithmic variety, and competitive pricing on over 1,000 instruments. It allows traders to deal with futures products from various global exchanges. The available tech infrastructure includes the MetaQuotes platforms, CQG, FineEdge Analytics, and Position Keeper.
The last item from this list facilitates risk management by reducing capital expenditure and boosting flow profitability. Besides, users will be able to white-label MetaQuotes offerings on both the MT4 and MT5. Account Funding and Withdrawing the Earnings The range of banking options available varies from one country or region to another.
It can include wire, cards, e-wallets, and cryptos. INFINOX does not impose limits on the number of deposits or withdrawals per day, nor on the maximum transaction amount. However, specific payment providers may have their own restrictions.
As for the minimum deposit limit, it depends on the account type or promotion, but it is generally set at $50 or higher. The lowest withdrawal amount varies depending on the payment provider, with some methods requiring a minimum of $10. Deposits are usually processed instantly, while withdrawals may take up to five days to process.
Each provider may charge a fee for money transfers in either direction. However, the broker avoids charging fees for deposits. Withdrawals can involve a 15 USD fee on the broker’s side only if the customer requests them through Skrill or Neteller more frequently than once per month.
Education When discussing the INFINOX pros and cons, beginner-level traders often praise its educational materials. On the broker’s website, anyone can access informative articles free of charge. These include market commentary and forecasts, financial news, daily analysis, economic calendars, and guides for those who are getting started.
Thanks to the informational support, even users with limited experience can make more balanced decisions. Partnerships To expand its audience, the broker features the IX Partners program. Over 14,000 individuals from different countries have already contributed to it.
The program’s target audience is people who are members of a network of traders, have a substantial social following, or provide educational services. They can register at the INFINOX website to become either affiliates or introducing brokers. After the managers approve their application, they can start inviting new clients to the platform in exchange for financial remuneration.
In total, all the members of the program have earned over 50 million USD in commissions. Previous experience can be an advantage for an IX partner, but it is not mandatory to have it. Each participant in the program will get promotional materials for free.
A team of mentors who speak over 23 languages will consult them at the start. Each partner will use their unique tracking links to monitor their clients’ behavior through a handy platform, updated in real time. The partner will see at a glance which stage their clients are currently at.
Before getting down to work, each new partner will sign a personalized commercial agreement with the terms of their payouts. They will be allowed to choose through which payment system to withdraw their remunerations. Normally, withdrawals take just 24 hours.
Support Assistance Many INFINOX broker reviews highlight the outstanding quality of consultations with the multilingual support team. One can reach out to them 24/7 via live chat, phone, social media, web form on the broker’s website, or [email protected] .
Typically, the operators respond instantly or within a couple of minutes. They are polite, patient, and highly professional. Before submitting a request to them, it would be wise to check the FAQ section, which features a collection of helpful information on various aspects of the broker’s operations.
User Feedback Now, let us take a look at some of the reviews of INFINOX that people have shared online. Here are five recent examples. Matthew Lewis, who handles relatively small amounts of money, accentuates the broker’s integrity guarantees.
Quite a few INFINOX reviews put an emphasis on the platform’s ease of use and here is one of them. Matt Marshall, in his INFINOX Forex review, impartially admits that the spreads are nothing out of the ordinary, but he values the opportunity to use leverage to boost profits. George Lee wrote an INFINOX Forex review for those who are interested in futures.
Most customers who publicly express their opinions about the broker praise its support services. They appreciate that the operators attend to them promptly and explain complex things in simple words. In general, the INFINOX trading platform feedback tends to be positive.
Users with any budget and level of expertise can find something for themselves here. INFINOX is a reputable broker for individuals and corporate clients interested in Forex and CFD trading. It offers favorable trading terms and provides robust support services.
Its technological infrastructure is advanced and includes proprietary solutions. In their INFINOX reviews, customers mention seamless operations, integrity, and ease of use. Clients who approach trading strategically can systematically generate income with this broker.
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