About INFINOX
Overview and Company Background
INFINOX is an online forex and CFD broker founded on 11 September 2017 and headquartered in the United Kingdom. The company's full legal name is Infinox Limited, and its registered address is in Ebene, Mauritius. Despite its UK origins, the firm operates under multiple regulatory entities and serves retail and professional traders globally.
INFINOX positions itself as a broker that blends institutional-grade trading conditions with a user-friendly retail experience. The company offers the popular MetaTrader 4 and MetaTrader 5 platforms and provides access to a range of asset classes including forex, indices, commodities, and futures.
Regulation and Safety
INFINOX holds two main regulatory licenses. It is regulated by the Financial Conduct Authority (FCA) in the United Kingdom under license number 501057, which is a respected Tier-1 regulator. Additionally, it holds a Derivatives Trading License from the Securities Commission of the Bahamas (SCB) under license number SIA F-188, which is considered an offshore regulator.
The FCA license imposes strict client money segregation rules and negative balance protection for retail clients. However, the SCB license offers a lower level of regulatory oversight. Traders should note which entity they are dealing with, as protections vary.
Account Types and Trading Conditions
INFINOX offers two account types: ECN and STP. The ECN account features spreads starting from 0.2 pips and a commission of 3 per lot (in GBP, EUR, USD, or AUD). The STP account offers spreads from 0.9 pips with no commission. Both accounts have a maximum leverage of 1:30, which is conservative and in line with FCA requirements.
The minimum deposit for either account is not publicly disclosed by the broker. This lack of transparency may be a consideration for traders who want clear entry requirements.
Trading Platforms
INFINOX provides the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, both available as desktop, web, and mobile applications. These platforms are widely used in the industry for their advanced charting tools, automated trading capabilities via Expert Advisors (EAs), and reliable execution.
MT5, in particular, offers more timeframes and additional order types compared to MT4, making it suitable for traders who require advanced analytical tools.
Tradable Instruments
The broker offers CFDs on forex, indices, commodities, and futures. The full list of instruments, including specific currency pairs, commodity contracts, and indices, is not detailed in the provided data. Traders interested in niche markets may need to check the broker's website for the latest offerings.
INFINOX focuses on the most popular and liquid markets, which is typical for brokers catering to a broad retail audience.
Deposits and Withdrawals
INFINOX does not publicly disclose its deposit and withdrawal methods in the available data. According to user reviews, deposit and withdrawal processes generally function, but some users have reported delays and complications. The broker's official website should be consulted for current funding options and any associated fees.
The presence of 22 withdrawal-related complaints in aggregated databases suggests that some clients experience difficulties, although this might represent a small fraction of the overall user base given the high Trustpilot rating.
Target Audience
INFINOX is suitable for traders who value a regulated environment with FCA oversight, particularly those trading forex and CFDs on MT4/MT5. The 1:30 leverage cap makes it appropriate for conservative retail traders and those using automated strategies. However, traders who require higher leverage or more exotic instruments may need to look elsewhere.
The broker's relatively low scam risk score and high Trustpilot rating indicate that for most users, INFINOX provides a satisfactory trading experience.
Overview compiled by FXCanary from regulatory records and public data. full INFINOX review