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United Arab Emirates
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Score
Regulatory Index0.00
Business Index6.43
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
INFINITY ECN
Company Abbreviation
INFINITY ECN
Platform registered country and region
United Arab Emirates
Company website
X
Company summary
Pyramid scheme complaint
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General Information
Registered in the United Arab Emirates, INFINITY ECN is forex broker offering a series of trading instruments to both retail and professional traders, including Forex, Metals, Oil, Indices through the advanced MT5 trading platform. With the INFINITY ECN platform, investors have the flexibility to choose from three trading accounts, and the maximum leverage that can be used is up to 1:400.
INFINITY ECN does not hold any regulatory license to show it operates legally. Please be aware of the risk involved.
Market Instruments
With the INFINITY ECN platform, four classes of trading instruments including Foreign Exchange, Commodities, Shares, and Indices can be traded.
Account Types
INFINITY ECN offers three types of trading accounts, which are Silver, Gold and Diamond. The accounts differ among themselves according to account balance required.
The Silver account asks for a deposit of $500 to $4,999, the Gold at $5,000 to $19,999, the Diamond account starting at $20,000.
How to open an account with INFINITY ECN?
Opening an account with INFINITY ECN is an easy and simple process:
1. Click the “Sign up” link, and fill up some required details on the popping-up page.
2. Upload your personal data for this company to verify your details.
3. Fund your account and start to trade with this forex broker.
Leverage
Trading leverage differs depending on particular instrument, with 1:400 for forex and precious metals, 1:100 for CFD, 1:10 for equities.
Problematically, INFINITY ECN allows its clients to use the maximum leverage up to 1:400, which is much higher than the levels regarded appropriate by many regulators, with the maximum leverage for major forex up to 1:30 in Europe and Australia, and 1:50 in Canada and U.S.
As leverage can also cause serious fund losses, it is important for inexperienced traders to choose the proper amount that they feel most at ease.
Spreads & Commissions
The commissions and spreads you pay depend on the type of trading account you use.
There is a USD 70 commission every $1,000,000 on a Silver account, and spreads start at 1.8
pips.
Spreads on the Gold account start at 1.3 pips, and the commission is USD 50 each $1,000,000 traded, while on the Diamond account they start at 0.7 pips, and the commission is USD 30 per $1,000,000 traded.
Trading Platform
What INFINITY ECN offers is not the MT4 or MT5 trading platform.
Customer Support
For any questions or concerns they may have about their accounts or their trading can reach out to INFINITY ECN through the following methods:
Telephone: +971 42473758
Email: support@infinityecn.com
Or you can also keep up with this forex broker on some social media platforms, such as Facebook, Twitter, Instagram.
Risk Warning
There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.
The information presented in this article is intended solely for reference purposes.
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