Note: Infinity FX Markets official site - https://infinityfxmarkets.com is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
What is Infinity FX Markets？
Infinity FX Markets, a global brokerage with headquarter in the United Kingdom, provides a wide range of market instruments to its clients, including Forex, Stocks, Indices, Commodities and Cryptocurrencies. However, it's essential to highlight that Infinity FX Markets is currently under no valid regulations from any recognized financial authorities, and its website is not functional so far. These factors increase significant investment risks associated with the platform.
In our following article, we will conduct a comprehensive and structured assessment of the broker's offerings and features. If you are interested, we recommend you to continue reading. At the end of the article, we will provide a concise summary to offer a clear overview of the broker's distinctive characteristics.
Pros & Cons
Infinity FX Markets, like many brokers, comes with its own set of pros and cons.
On the positive side, the brokerage offers a wide range of trading instruments, allowing clients to diversify their portfolios and explore various financial markets. Additionally, the availability of tiered accounts caters to traders with different experience levels and financial capacities, providing options for both beginners and advanced investors. The inclusion of floating spreads offers competitive pricing, enhancing cost-efficiency for traders. Moreover, the flexible leverage ratio can appeal to those looking to fine-tune their risk management strategies.
However, it's essential to be aware of the drawbacks. The most significant concern is the lack of regulatory oversight, as this can pose substantial risks in terms of client safety and credibility. The unavailability of their website is another pressing issue, as it can impact accessibility and user experience.
Traders considering Infinity FX Markets should weigh these pros and cons carefully and conduct thorough research before deciding whether to trade with this broker.
Is Infinity FX Markets Safe or Scam？
When considering the safety of a brokerage like Infinity FX Markets or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:
Additionally, the inaccessibility of their official website could hint at a possible halt in their operations, thus escalating suspicions. Taken together, these conditions considerably heighten the risks tied to investing via their platform.
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User feedback: To gain insights into the brokerage, traders are recommended to read reviews and feedback from other clients. These opinions and experiences shared by users can be found on well-regarded websites and forums.
Security measures: So far we cannot find any security measures info on Internet for this broker.
Ultimately, the decision of whether or not to trade with Infinity FX Markets is a personal one. You should weigh the advantages and disadvantages carefully before involving any real trading.
Market Instruments
Infinity FX Markets offers a wide range of market instruments, each with its unique characteristics and investment opportunities for clients:
Forex (Foreign Exchange): Infinity FX Markets provides access to the largest and most liquid financial market in the world, allowing traders to trade currency pairs such as EUR/USD, GBP/JPY, and USD/JPY. Forex trading offers opportunities for speculation on exchange rate movements and is favored by both novice and experienced traders.
Stocks: Clients can trade a variety of stocks from global stock exchanges. Whether it's shares in tech giants like Apple and Amazon or more traditional industries, Infinity FX Markets enables traders to participate in the equity markets.
Indices: This brokerage offers trading in popular stock indices like the S&P 500, NASDAQ, and Dow Jones. Investing in indices allows traders to gain exposure to a broad segment of the stock market without having to buy individual stocks.
Commodities: Infinity FX Markets allows clients to trade commodities like gold, oil, and agricultural products. These assets are known for their diversification benefits and can serve as hedges against inflation or economic uncertainties.
Cryptocurrencies: For those interested in digital assets, Infinity FX Markets offers cryptocurrency trading. Bitcoin, Ethereum, and other cryptocurrencies are available, allowing traders to take advantage of the volatility and potential growth in the crypto market.
Account Types
Infinity FX Markets provides investors with five different account types, each tailored to suit various trading preferences and financial capacities.
These account types are the Micro Account and the Active Account with a minimum deposit of $100, the Mega Account and Extreme Account requiring a minimum deposit of $1,000, and the VIP Account, which necessitates a minimum deposit of $10,000. With this range of account options, traders of diverse financial capabilities to select the one that aligns with their trading goals and risk tolerance at Infinity FX Markets.
Leverage
Infinity FX Markets offers a selection of five distinctive account types, each carefully designed to accommodate a wide range of trading preferences and financial capabilities. These account types, namely the Micro, Active, Mega, Extreme, and VIP Accounts, come with varying leverage options to suit different trading strategies and risk tolerances.
The Micro Account provides a leverage of 1:500, offering traders the potential for amplified positions with a relatively small initial investment.
The Active Account offers a leverage of 1:400, while the Mega Account comes with a leverage of 1:300.
For those seeking balance between leverage and risk, the Extreme Account offers a leverage of 1:200.
Lastly, the VIP Account, designed for premium services and advanced features, provides a leverage of 1:100.
However, trading with leverage can magnify both potential profits and losses, so it's crucial for traders to exercise caution and carefully manage their risk when utilizing leverage in their trading strategies.
Spreads & Commissions
Infinity FX Markets offers floating spreads across various account types, with competitive spreads tailored to different trading preferences.
For instance, in the Micro Account, traders can benefit from a floating spread at 2.0 pips, making it accessible for those looking to start with smaller investments.
The Active Account offers spreads at 1.5 pips, catering to traders seeking a balance between cost-efficiency and trading conditions.
The Mega Account takes it a step further, with a floating spread as low as 1.2 pips, ideal for those who value narrow spreads in their trading strategies.
In the Extreme Account, traders can benefit from an impressively narrow spread of just 0.8 pips, while the VIP Account offers an even more competitive spread of only 0.3 pips, making them ideal choices for those who prioritize tight spreads in their trading strategies.
While commission information is not readily available, interested traders are encouraged to directly contact the broker for comprehensive details on their fee structure.
Trading Platform
Infinity FX Markets advertises that they offer the MT5 (MetaTrader 5) trading platform, a widely recognized and popular platform among traders for its robust features and capabilities. However, it's worth noting that theres no direct download link for the platform or any other trading software available on their website. In such cases, prospective traders are typically advised to reach out directly to the broker to obtain specific details on how to access and download the trading software, as well as to inquire about any additional platform-related information.
Deposits & Withdrawals
Infinity FX Markets offers a diverse selection of payment methods.
Traders can choose from a variety of options, including widely accepted credit cards such as Visa and MasterCard, providing a seamless and familiar way to fund their trading accounts.
Additionally, the availability of bank wire transfers offers a secure and traditional means of transferring funds.
For those seeking online alternatives, Infinity FX Markets supports popular e-wallets like Skrill and WebMoney, catering to the growing demand for digital payment solutions.
Customer Service
Infinity FX Markets provides comprehensive customer support options, clients can connect with the broker through various channels, including phone support for immediate assistance, email communication for inquiries and correspondence, and a physical address for those who prefer traditional mail.
Phone: +44 2080896133.
Email: support@infinityfxmarkets.com.
Address: 71-75 Shelton Street Covent Garden, London, UK, WC2H9JQ.
Conclusion
Infinity FX Markets presents itself as an online broker with a global reach, headquartered in the United Kingdom, and claims to provide a wide range of trading instruments, encompassing Forex, Stocks, Indices, Commodities, and Cryptocurrencies.
However, there are significant concerns that should raise red flags for potential investors. The absence of regulatory oversight is a glaring issue, as reputable brokers typically adhere to established financial regulations to ensure client safety, credibility, and trustworthiness. Furthermore, the ongoing accessibility problems with their website only compound doubts about their professionalism and reliability.
Therefore, it is prudent for prospective investors to exercise caution when considering Infinity FX Markets as their trading platform. Exploring alternative brokers that prioritize regulatory compliance can offer a greater degree of transparency, safety, and a more rigorous commitment to professionalism in their operations.
Frequently Asked Questions (FAQs)
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
2022-12-12 14:16
