Choosing the right brokerage platform from a pool of thousands is quite a challenging task, especially these days. Various factors, including a broker’s reputation, offered services, and security framework, need to be considered during the selection procedure for trading without any distress and problems.
INFINOX has based itself as a leading name in the field, aspiring to provide ideal trading conditions to its clients. Since it has been active for more than ten years, we’ve decided that their offer is worth checking out.
About the brand
INFINOX is a brokerage platform offering ultimate trading conditions and services globally. It is a multi-regulated broker, approved by the leading regulators, i.e., SCB, FSCA, FCA, and FSC, and integrates a deposit insurance policy. Moreover, the broker allows the trading of varied asset categories, ranging from forex and stocks to commodities and futures.
In addition, INFINOX provides both STP and ECN trading desks and incorporates various account types, including individual, joint, and corporate accounts. Their detailed privacy & security policy, as well as the many legal documents available, emphasize the broker’s robust security infrastructure and financial transparency.
Assets
At INFINOX, traders can approach the most widely-traded forex market 24/5 with tight spreads and optimal trading conditions. In addition, they can engage in the CFD trading of the world’s most popular stocks and indices, taking advantage of both increasing and decreasing prices.
Futures trading is also provided by this broker with low margin requirements and a cost-effective fee structure. Additionally, several precious commodities, including gold, oil, and silver, can also be traded on this platform.
Last but not least, digital assets such as cryptocurrencies are also gaining major traction in the past several years, mainly thanks to their resilience to conditions that affect other, more traditional markets. INFINOX currently offers a wide variety of no less than 23 cryptocurrencies, also tradable as CFDs.
Trading tools
INFINOX integrates multiple trading tools, with the goal of helping clients navigate the financial markets and grab trading opportunities. Auto-chartist, compatible with both MT4 and MT5, is a price pattern recognition software that effectively identifies developing price formations and trade set-ups – and that is just one example.
Moreover, the broker provides traders with access to the 4XSolutions VPS software, to ensure seamless connectivity with the trading servers. This VPS also works with EAs and assimilates the highest-level security and protection network. In addition, users can make use of MQL4 and MQL5 to implement custom modifications, as well as develop new strategies and indicators applicable on MT4 and MT5 platforms.
Last, but not least, the broker presents its IX One platform, which was designed in house and is supposed to serve as an all-in-one solution for traders. It offers over 60 tools and widgets, including an economic calendar, market sentiment analysis, currency heat map and more. From what we see, it seems very intuitive, so it is definitely worth checking out, especially if you’re not the MetaTrader type.
Payment methods
INFINOX provides multiple deposit and withdrawal methods, in line with local laws in each jurisdiction. Some of the supported deposit methods include Skrill, Visa, Mastercard, Neteller, Maestro, and bank transfers. However, INFINOX only processes deposits made from an account with a similar name to your trading account, for security reasons.
Clients can withdraw their funds at any time without any restrictions. It should be noted that the withdrawal amount is sent to the same account from where the deposit is made.
Users can access all of the information related to deposits and withdrawals on the “clients” and “account funding” pages of the website.
Pros
- The brand is multi-regulated by several regulatory bodies across the world
- The IX Social platform allows the sharing and monetizing of trading strategies
- Multi-lingual support team accessible through chat, e-mail, and phone
- Advanced and user-friendly trading platforms (MT4, MT5, IX One)
Cons
- Fewer deposit methods for some countries
Conclusion
INFINOX is a reputable and regulated online broker, offering first-class trading services to clients all around the world (where local laws permit this activity). The broker consolidates top-level trading platforms and trading tools, to provide traders safe and efficient access to the financial markets. Moreover, IX Intel and IX Social allow the users to improve their trading acumen and stay ahead of the others. With all of that in mind, we give this brand a very positive score, and recommend it.