Note: INFINITASs official site - https://www.inftrade.com/index-en.html is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
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 contained in this article is for general information purposes only.
General Information
What is INFINITAS？
INFINITAS is an online trading platform based in New Zealand that offers trading services to individuals interested in the financial markets. However, it is important to note that INFINITAS‘s website is currently unavailable, making it difficult to verify its legitimacy or regulatory status. It’s categorized as Counterfeit Dealer on WikiFX. The lack of regulation also raises concerns about the level of security and protection provided to customers.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
Pros & Cons
INFINITAS Alternative Brokers
There are many alternative brokers to INFINITAS depending on the specific needs and preferences of the trader. Some popular options include:
XGLOBAL - An online forex and CFD broker providing traders with access to a wide range of markets, advanced trading technologies, and competitive trading conditions through its innovative platforms and liquidity network.
XTB- XTB is a well-established broker known for its competitive spreads, extensive educational resources, and user-friendly platforms, making it a reliable option for traders of all levels.
Admiral Markets - Admiral Markets offers a user-friendly platform and a diverse range of instruments, making it a solid option for traders of all experience levels.
Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.
Is INFINITAS Safe or Scam？
When considering the safety of a brokerage like INFINITAS 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:
Regulatory sight: It is not regulated by any major financial authorities,which means that there is no guarantee that it is a safe platform to trade with since its even categorized as counterfeit dealer on WikiFX. Besides, the official website of the broker is inaccessible, indicating that the trading platform may have absconded. These make investing with them risky.
User feedback: A report of scam on WikiFX should be taken into consideration as potential red flags. It is recommended to conduct thorough research and due diligence before engaging with any financial company or investment platform.
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 INFINITAS is a personal one. You should weigh the risks and benefits carefully before making a decision.
Trading Platform
INFINITAS provides traders with access to the popular MT4 (MetaTrader 4) trading platform. MT4 is a widely recognized and widely used platform in the financial industry, known for its user-friendly interface, advanced charting tools, and customizable features. With INFINITAS offering the MT4 platform, traders can execute trades across a wide range of financial instruments, including Forex, commodities, indices, and more. The platform's robust functionality allows for real-time market analysis, automated trading through expert advisors (EAs), and the implementation of various trading strategies.
See the trading platform comparison table below:
User Exposure on WikiFX
On our website, you can see that a piece of report of scam on WikiFX. Traders are encouraged to carefully review the available information. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.
Customer Service
While INFINITAS does provide customer support through telephone and email, it appears to lack the transparency seen in many reputable brokers by not disclosing other more direct contact information, such as the company address and live chat. This omission might raise concerns among clients who value transparency and accessibility in their financial service providers.
Telephone: 64 9 8896 536
Email: service@inftrade.com.
Conclusion
According to available information, INFINITAS is a New Zealand-based trading platform that offers trading services to its clients. However, the fact that it is non-regulated (categorized as counterfeit dealer on WikiFX) is an immediate red flag, as regulated brokers are subject to oversight and compliance with established financial regulations, providing clients with a level of assurance and protection. The lack of proper regulation and oversight increases the potential risks for traders, leaving them vulnerable to potentially fraudulent activities or misconduct. Additionally, an unfunctional website and no customer service channel indicates a lack of professionalism and attention to detail, which further erodes confidence in the company's ability to provide reliable and efficient services. Besides of this, it even gets a report of scam on WikiFX, which makes it extremely unreliable. As such, individuals considering INFINITAS as their brokerage firm should exercise extreme caution and thoroughly research alternative, regulated options that prioritize transparency, security, and accountability.
Frequently Asked Questions (FAQs)
2022-12-19 15:01
2022-10-07 01:15
