Score

1.42 /10
Danger

InFluxFinance

Dominic

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.31

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

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

InFluxFinance · Company summary

Note: InFluxFinance's official website: https://influxfinance.pro/ is currently inaccessible normally.

InFluxFinance Review Summary
Founded2024
Registered Country/RegionDominic
RegulationNo Regulation
Market Instruments/
Demo Account
LeverageUp to 1:200
EUR/USD SpreadFloating around 3 pips
Trading PlatformWeb-based
Minimum Deposit$250
Customer SupportEmail: support@influxfinance.pro
Address: 8 Copthall, Roseau Valley, 00152, The Commonwealth of Dominica

InFluxFinance is an unregulated brokerage firm that is located in Dominic. As of now, we are only able to gather a limited amount of information regarding their trading products and conditions. Given these circumstances, we consider this broker to be untrustworthy.

Pros and Cons

Pros Cons
NoneNon-functional website
Lack of transparency
MT4/MT5 unavailable
No regulation
No demo account
Wide spreads
High minimum deposit
Only email support

Is InFluxFinance Legit?

No license

At present, InFluxFinance does not have valid regulatory compliance. The domain of InFluxFinance was registered on August 8, 2024. Currently, its status is “client Transfer Prohibited”. If you are considering choosing this broker, please pay extremely high attention to the safety of your funds. Any decision to engage with an unregulated broker like InFluxFinance comes with significant risks.

Domain information

Account Type

There is no info about account types. We only know that InFluxFinance claims to provide a minimum deposit requirement of $250.

Leverage

The maximum leverage is 1:200. Note that high leverage is a double-edged sword as it can both magnify profits and increase risks.

Spread and Commission

The benchmark EUR/USD spread is floating around 3 pips. A higher spread means that traders need to overcome a larger cost differential between the bid and ask prices in order to make a profit.

Trading Platform

InFluxFinance only offers a web-based tradingplatform. It cannot be compared with MetaTrader platforms. That's why we advise you to consider other more reliable brokers offering MT4 or MT5.

Deposit and Withdrawal

InFluxFinance claims that it works with Visa/MaterCard, bank transfer and Piastrix – a Russian e-wallet.However, the truth seems to be that it only accepts cryptocurrencies and cards which are processed by the notorious ABNCBP Cashier.

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