Score

1.51 /10
Danger

InfiniTrade

Marshall Islands

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 1

Exposure

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Website

Score

Regulatory Index0.00

Business Index6.96

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

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Danger

IE CBI
2021-06-17

Warning

SG MAS
2020-07-14

Broker Information

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Company Name

A&E Products Ltd

Company Abbreviation

InfiniTrade

Platform registered country and region

Marshall Islands

Company website

Twitter

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-09-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
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InfiniTrade · Company summary

General Information & Regulation

Founded in 2018, Infinitrade is an online trading broker based in the Marshall Islands that offers investors with diverse trading experience access to major global markets on the superior trading platform. Infinitrade offers investors competitive trading conditions, multiple account options, 24/7 customer support, and a range of educational resources. Infinitrade is currently an unregulated broker.

Market Instruments

Infinitrade offers investors access to popular major currency pairs, minor currency pairs, as well as commodities and indices in the Forex market.

Minimum Deposit

To meet different investors' needs and trading experience, Infinitrade offers five different types of accounts: Bronze (with a minimum deposit of $2,500), Silver (with a minimum deposit of $5,000), Gold (with a minimum deposit of $10,000), Premium (with a minimum deposit of $25,000), and Platinum (with a minimum deposit of $50,000).

Infinitrade Leverage

Trading leverage varies depending on various instruments. The maximum trading leverage is up to 1:400 for currency pairs and 1:5 for cryptocurrency trading. Since trading leverage is full of risks, traders should cautiously choose the proper amount.

Spreads & Commissions

The spread on EURUSD offered by Infinitrade is around 3 pips, which is too high compared to the industry standard. However, details on commissions are not mentioned.

Trading Platforms

Infinitrade offers its investors an in-house developed online trading platform, not an MT4/MT5 trading platform. This trading platform is compatible with cutting-edge technology and ease of use and is available for both experienced and novice traders. However, it is worth noting that traders who generally only offer in-house trading platforms are likely to be a scam, as in-house trading platforms do not have online community monitoring like MT4/MT5. Therefore, traders are likely to add software within the platform to their advantage, so investors should be very wary.

Deposit & Withdrawal

Infinitrade supports traders to deposit and withdraw funds from their investment accounts via bank wire transfer, credit/debit cards (VISA, MasterCard, Maestro), and electronic payment methods such as Skrill, Yandex Money, WebMoney, GiroPay, etc. The accounts support EUR, USD, and GBP

Infinitrade Pros & Cons

Infinitrade Advantages Include:

1. Multiple account options

3. 24/7 customer support

Infinitrade Disadvantages Include:

1. Not subject to any regulation

2. High minimum deposit amounts for each account

3. High spreads.

4. No US clients

5. Non-mt4/mt5 trading platform

6. High fees for inactive accounts, with a 5% fee for inactivity within 30 days

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