Infinox Review 2023
Infinox Capital Ltd is a CFD and forex broker based in the UK. Multi-asset trading is available on several platforms, including MT4. This review looks at regulation, account types, leverage, demo accounts, and more. Find out if you should login and trade with Infinox.To get more news about infinox review, you can visit wikifx.com official website.
Operating since 2009, Infinox Capital Ltd is a London-based broker regulated by the UK Financial Conduct Authority (FCA), the Securities Commission of The Bahamas (SCB), and the Financial Sector Conduct Authority (FSCA) in South Africa.
The award-winning company has over 100 employees based around the world, including the Bahamas, Asia, and the Middle East. The broker’s clients can also be found everywhere from Vietnam and Thailand to Dubai, Australia, and Portugal.
Infinox caters to all levels of traders who wish to invest in forex, indices, equities, commodities, and futures. With a focus on customer service and trading tools, the brokerage aims to be more than just a platform to its clients.
IX Exchange is the firm’s own trading software. Aimed at active traders, the platform offers 20,000 investment opportunities spanning more than 50 global exchanges for portfolio diversification. The list of instruments also includes bonds and options, which are not available on the MetaTrader platforms.
The terminal offers various features for active users, including Basket Trader, whereby clients can create their own basket/index of instruments to trade at once. The platform is also home to a portfolio overview with performance monitoring, order tracking, and multiple risk management tools.
Infinox also offers MetaQuotes’ platform MT5. This is a more advanced platform with support for a greater range of assets, more charting and indicator options and a larger number of order types. All the same functionality of MT4 is maintained, with an increase in software efficiency and additional tools, plus access to equities.
The web-based version of MetaTrader means clients can invest without a software download. This is a great option for those looking to test the platform with a demo account, while getting access to a range of indicators and charts, including moving averages, Bollinger bands, and more.
WebTrader can be opened directly from the Platforms page on the Infinox website and is compatible with most internet browsers, including Chrome and Safari.
Spreads & Commission
When we used Infinox, typical spreads on major currency pairs started at 0.3 pips for EUR/USD, 0.4 pips for GBP/USD, and 0.3 for EUR/GBP. For indices like the FTSE 100, typical spreads are from 0.42 to 2.2 pips; and for commodities, spreads are 22 for gold and 27 for silver.
Commissions are variable on equity CFDs and futures. Details of specific commission charges can be found on the broker’s website, but generally, charges are 1.5-2.8 pips for futures and $0.02 for equity CFDs.