INFINOX Review: Everything You Need to Know Before Trading

INFINOX is a regulated international broker, licensed by the FSC and SCB. Serving clients since 2009, its long track record reinforces its credibility. This review covers key features every potential trader should know before signing up, along with real screenshots of INFINOX reviews.

Target Audience

This broker primarily caters to institutional clients who require financial technology solutions and liquidity. However, private traders can also take advantage of its offerings. Experienced users have the flexibility to execute trades manually or automate the process using bots. Meanwhile, beginners can follow expert traders through a dedicated app, allowing them to earn passive income while gaining hands-on experience and learning the intricacies of trading along the way.

Registration

New users can register as either individual or corporate clients. During the signup process, they must provide personal details, including their name, date of birth, country of birth, country of residence, nationality, phone number, email, and password. At the bottom of the registration form, links to legal documents are available, and it is recommended to review them before accepting the platform's policies.

For legal compliance, all new users must verify their accounts by submitting a valid ID and a recent household bill. The verification process typically takes up to one business day for approval.

Account Types

Customers can choose between two account types, each differing in two key aspects.

	STP	ECN
Trading commissions	–	Starting from 7 units of the base currency
Spreads	From 0.9	From 0.2

Both account types support the same range of currencies, including USD, GBP, EUR and AUD.

Users are not restricted to a single account type. Each individual can link up to 10 accounts to their email address, ensuring seamless fund transfers between them. Additionally, business partners and couples can open joint accounts, enabling them to manage their finances collaboratively.

Regardless of the chosen account type, starting with a demo account is a smart move. It replicates real trading conditions but eliminates the risk of losing or earning actual money. Its primary purpose is to help users familiarize themselves with the platform's features, experiment with trading strategies, and test automated bots.

Here is what a newly registered private client had to say about their experience using the demo account.

Special Conditions for Muslim Traders

Since swap-based trading conflicts with Islamic principles, INFINOX offers swap-free accounts for Muslim clients. To request one, traders must obtain proof of faith from their mosque and submit it to the INFINOX administration. The broker will then review the applicant's trading profile before making a decision.

Multi-Account Management Opportunities

A significant segment of INFINOX's audience consists of individuals who have the necessary funds for trading but lack the time to actively manage their investments. To accommodate them, the broker offers MAM and PAMM accounts, allowing professional managers to trade on their behalf and generate profits for all parties involved. Those who entrust their funds to experienced traders can easily track their performance through a user-friendly interface designed for transparency.

Services for Institutional Clients

As mentioned earlier, businesses make up the core of INFINOX's customer base. The broker offers tailored services under the IXO Prime brand, providing companies with access to multi-asset liquidity and advanced technological solutions through an API connection.

One of the most in-demand tools is the IXO Position Keeper, which enables financial organizations to automate the tracking of their clients' trading activities. Additionally, brokers, money managers, and fintech companies rely on INFINOX's risk management solutions to enhance their operations.

Education

Before signing up with INFINOX, it is recommended to browse the FAQ page, where information is well-structured and concise.

To enhance their trading strategies, clients can also take advantage of informative articles that INFINOX regularly publishes for free on its website. These articles cover key financial and economic topics, including price forecasts, market trends, and government policies that impact the industry.

Many INFINOX reviews highlight the practical value of the broker's educational efforts, emphasizing its commitment to keeping traders informed and well-prepared.

Depositing and Withdrawing Funds

INFINOX adapts its services to the legal requirements of each territory of its presence. This is why the range of the supported banking methods can be individual for each country. The widest possible spectrum includes cards, wire, e-wallets, and cryptocurrencies.

Here is what one should remember about conducting financial operations with this broker.

	Deposits	Withdrawals
Minimum amount	$50	Can vary depending on the banking system
Maximum amount	Unlimited	Unlimited
Number of allowed financial operations per day	Unlimited	Unlimited
Speed	Instant	Up to 5 days
Broker's fee	No	Can be zero or $15
Payment provider's fee	Depends on the provider	Depends on the provider

Trading Platforms

INFINOX clients can trade seamlessly on both computers and mobile devices by downloading one of the two supported versions of the widely popular MetaTrader platform, available for free. The table below highlights the key differences between them.

	MT4	MT5
Instruments	Mostly Forex	All instruments supported by INFINOX
Execution speed	Fast	Even faster
User base	Very large	Slightly smaller

Those interested in following the trades of skilled experts can install the IX Social mobile app. There is a leaderboard that facilitates the choice of the best-performing traders.

Many INFINOX broker reviews highlight its reliability and user-friendly experience. Below is an opinion from a trader who chose to use MT5.

Trading Environment

Now, let us take a closer look at the pros and cons of INFINOX when it comes to trading operations.

• Traders can have up to 1,000 open orders at a time, providing ample flexibility for executing their strategies effectively.
• The minimum lot size is 0.01, making it suitable for a wide range of traders, from beginners practicing with a small budget to experienced users employing advanced trading strategies.
• Traders can automate their trades by enabling Expert Advisors (EAs) in their MT4 or MT5 terminal, streamlining data-driven decision-making and execution.
• To improve their chances of making a profitable trade, clients can utilize free tools available on the broker's website, including the Dividend Payments Calendar and Corporate Actions Calendar.
• Users can boost their trading budgets by utilizing leverage, which ranges from 1:20 to 1:1000, depending on the asset being traded.
• The execution of orders tends to be fast. The broker has multiple servers installed in various parts of the world and the primary one is located in the UK. Each server processes the operations of customers who are geographically close to it.
• Trading fees vary by instrument. Most assets incur a daily overnight finance fee, which triples on Fridays for commodities, futures, and indices. For equities and bonds, the fee remains unchanged throughout the week. In Forex trading, there are overnight swaps every day, with a triple charge applied on Wednesdays.
• INFINOX features negative balance protection, which is good. On the flip side, it is impossible to use it without third-party help. The only way out is to contact the support team.
• INFINOX does not charge inactivity fees. However, if an account remains inactive for three months and has a zero balance, it will be archived.
• In case of an emergency, customers can trust that their funds are secure, as INFINOX stores them in segregated accounts for added protection.

Rather than a standard INFINOX Forex review, it may be more insightful to highlight one that praises the “captivating trading atmosphere”. The reviewer appreciates how the broker provides decent earning opportunities for its clients.

Information and Support

Whenever a customer has a question, they can ask it via live chat, web form, support@infinox.com, or one of the broker's accounts on social networks. The support operators speak over 15 languages and remain available 24/7.

Here is another example of positive INFINOX trading platform feedback, focused on the quality of the support services.

Partnerships

INFINOX aims to continuously grow its audience, which is why it introduced the IX Partners program. This initiative allows individuals to become affiliates or introducing brokers to attract new clients to the platform. Affiliates can earn up to $1,200 per referral, while introducing brokers can make up to $20 per lot. Before joining, potential partners can use the earnings calculator on the INFINOX website to estimate their potential income.

How the IX Partners Program Works for Affiliates and Introducing Brokers:

1. Submit an application and wait for approval.
2. Receive all necessary materials for free, with guidance from experienced colleagues on work-related aspects.
3. Start referring new clients to INFINOX and track performance through a user-friendly portal.
4. Leverage expert support from a dedicated team focused on boosting conversions and retaining customers.
5. Withdraw earnings through the preferred banking system, with payouts processed within 24 hours of the request.

More than 14,000 individuals worldwide have joined the IX Partners program, benefiting from INFINOX's partnership opportunities. To date, the broker has paid out over $20 million in commissions to its partners.

INFINOX appeals to both organizations and individual traders seeking a licensed online platform. The onboarding process is straightforward, and its trading terms align with industry standards. What distinguishes INFINOX from many competitors is its long-standing reputation and reliability. The broker supports social trading, along with MAMs, PAMMs, affiliates, and introducing brokers. Numerous online reviews affirm its credibility and high-quality services.