DEINFX

DEINFX is an Australia-based broker founded on 25 September 2017, operating through the domain deinfx.com. The company is registered in Australia and holds an Australian Securities and Investments Commission (ASIC) licence for derivatives trading. However, the licence status on public records is listed as unknown, raising questions about its current regulatory standing.

FXCanary's Scam Risk Score for DEINFX is 85 out of 100, categorised as 'Severe'. This high score indicates significant concerns regarding the broker's safety and reliability. Traders should exercise extreme caution before engaging with this entity.

DEINFX claims to be regulated by ASIC under an Institutional Derivative Trading Licence (Market Maker). The licence is presumably intended to cover derivatives trading activities. However, our cross-checks with the public register found that the status of this licence is not clearly confirmed, which is a red flag.

Without verified regulatory oversight, client funds may not be protected by typical investor compensation schemes. ASIC regulation generally requires strict compliance, but an unclear licence status undermines confidence. We advise traders to independently verify the licence on the ASIC register before depositing funds.

Based on the limited information available, DEINFX appears to offer trading in leveraged derivatives, likely including forex and CFDs. The exact range of instruments is not specified in our records, but typical offerings under an ASIC derivatives licence include major, minor, and exotic currency pairs, as well as indices, commodities, and cryptocurrency CFDs.

No details on trading platforms, account types, or minimum deposits are available from official sources. The absence of transparent product information further contributes to the high risk score. Traders should seek clarity from the broker directly, though extreme caution is warranted.

DEINFX may target both retail and institutional clients, given its ASIC licence type. However, the severe risk score suggests it is not suitable for conservative or novice traders. Only experienced traders who fully understand the risks, including potential total loss of capital, should consider this broker, and only after thorough due diligence.

The lack of user reviews and independent information makes it difficult to assess the broker's reliability. It is essential to verify all claims directly and to use only funds that can be afforded to lose. In FXCanary's view, safer alternatives exist in the regulated broker space.