INFINOX

INFINOX is a forex broker registered in the United Kingdom, purportedly established on 14 May 2020. The broker operates under the domain infinox-dealer.com and claims to offer trading in forex currency pairs, indices, equities, commodities, and futures. However, independent verification of its services is limited due to a lack of public information.

According to regulatory records, INFINOX holds an FCA licence (Inst Market Making – MM) in the United Kingdom, but the status of this licence is not specified. The broker has been identified as a clone firm, meaning it is misrepresenting itself as an authorised entity to attract unsuspecting traders. FXCanary’s investigation has assigned a severe scam risk score of 85/100, urging extreme caution.

The broker is registered with the Financial Conduct Authority (FCA) in the United Kingdom under an Institutional Market Making (MM) licence. However, owing to its classification as a clone firm, the regulatory status is questionable and may not offer the protections typically associated with FCA authorisation. Traders should verify any broker’s credentials directly on the FCA register before engaging.

Given the severe risk rating, potential clients are advised that this entity may not be subject to genuine regulatory oversight, and any funds deposited could be at significant risk. The absence of clear regulatory status and the clone firm warning from FXCanary indicate a lack of transparency and potential misconduct.

INFINOX claims to provide access to a range of instruments, including forex currency pairs, indices, equities, commodities, and futures. The exact platforms, account types, and trading conditions are not disclosed in the available public records. Without reliable information, traders cannot assess spreads, leverage, or execution quality.

As a clone firm, it is likely that the products and services advertised are not delivered as promised. The lack of verifiable details further underscores the high risk associated with this broker. Traders are strongly recommended to avoid any engagement until a transparent and legitimate regulatory profile is established.

No specific account types, minimum deposits, or funding methods have been confirmed for INFINOX. The broker’s website may present various account tiers (e.g., Standard, Premium) and payment options (bank transfer, credit card, e-wallets), but these could not be independently verified.

The absence of concrete information on account conditions is a red flag for traders. Reputable brokers provide clear, detailed information about account features and fees. The lack of such transparency with INFINOX increases the likelihood that trading conditions may be unfavourable or undisclosed.

Customer support channels and company transparency are not ascertainable from the limited known facts. INFINOX does not appear to offer readily accessible contact details or corporate information beyond its registration. This opacity is characteristic of high-risk and potentially fraudulent operations.

For any broker, especially one flagged as a clone, clear communication and responsive customer service are essential. The inability to confirm such basic details should deter traders from considering this broker. FXCanary recommends seeking alternatives with verifiable support and clear operational transparency.