Extracto:Trade Infiny, a 2019-initiated trading broker in the UAE, presents a comprehensive trading environment with options in Forex, Indices, Commodities, Stocks, and Cryptocurrencies. Catering to a broad spectrum of traders, it offers various account types including Standard, ECN, Islamic, VIP, and a Demo for practice. The platform is accessible with a $50 minimum deposit for the Standard account and supports well-known trading platforms like MetaTrader 4 and 5. Educational resources are also available to enhance trading knowledge and skills. However, its unregulated status is a significant consideration, as it raises concerns about the security of funds and the integrity of trading operations.
Aspect | Information |
Company Name | Trade Infiny Capital |
Registered Country/Area | United Arab Emirates |
Founded Year | 2019 |
Tradable Assets | Forex, Indices, Commodities, Stocks, Cryptocurrencies |
Account Types | Standard, ECN, Islamic, VIP, Demo |
Minimum Deposit | $50 |
Maximum Leverage | 1:500 |
Spreads | From 0.1 pips |
Trading Platforms | MetaTrader 4, MetaTrader 5, WebTrader |
Demo Account | Available |
Customer Support | Phone, E-mail |
Deposit & Withdrawal | Bank Transfer, Credit/Debit Cards, E-wallets |
Educational Resources | Webinars, E-books, Online Courses, Market Analysis |
Trade Infiny, founded in 2019 and headquartered in the UAE, serves a global audience, providing access to multiple financial markets such as Forex and cryptocurrencies. Trade Infiny caters to various traders through diverse account options, including a demo account for beginners. They offer renowned platforms like MetaTrader 4 and 5, along with robust educational materials, enhancing the trading experience for their clients.
Trade Infiny presents a scenario with potential advantages such as a likely variety of trading instruments, multiple options for deposit and withdrawal, and possibly multilingual customer support.
However, significant drawbacks stem from the lack of regulation, leading to increased investment risks and uncertainty in fund security and fair-trading practices. The lack of transparency contributes to the challenges in making an informed decision about trading with this broker. The overall evaluation suggests caution and thorough research before engaging with their services.
Pros | Cons |
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Trade Infiny operates without regulation from any recognized financial authority, underscoring significant risks in trading with them. Clients' funds and fair trading might not be adequately protected due to this absence of regulation.
The broker does not have a comprehensive range of market instruments detailed. The specific offerings, including the number of available currency pairs, commodities, indices, and the inclusion of cryptocurrencies, would vary depending on the broker.
Trade Infiny presents a variety of account options: Standard, ECN, Islamic, VIP, and a risk-free Demo account.
Standard Account: This account is designed to cater to the needs of most traders. It requires a minimum deposit of $50 and offers a high leverage of up to 1:500. The spreads start from 1.2 pips. There's no commission on trades, making it a cost-effective option for traders who prefer straightforward pricing.
ECN Account: Tailored for experienced traders, the ECN account offers more competitive spreads, starting from as low as 0.1 pips, in exchange for a small commission on trades. This account type is ideal for those who prefer high-speed trading and access to deeper liquidity. The minimum deposit ranges from $100 to $500 with leverage of 1:100.
Islamic Account: This account is designed for traders who require an account that aligns with Sharia principles. It offers swap-free trading, meaning no interest is charged on overnight positions. The spreads are similar to the ECN account, with a minimum deposit between $50 and $200 and a leverage of 1:300.
VIP Account: The VIP account is targeted at high-volume traders and offers more personalized trading conditions. It typically requires a significant minimum deposit between $10,000 and $20,000, and offers lower spreads starting from 0.6 pips. Leverage is of 1:200, with customizable commissions being a key feature.
Demo Account: Designed for beginners, the Demo account allows traders to practice forex trading without any monetary risk. There is no minimum deposit required, and it helps new traders gain experience and understand market dynamics before transitioning to live trading.
Account Type | Minimum Deposit | Leverage | Spreads | Commission | Features |
Standard | $50 | 1:500 | From 1.2 pips | None | Suitable for most traders |
ECN | $100 - $500 | 1:100 | From 0.1 pips | Small | Ideal for experienced traders, lower spreads |
Islamic | $50 - $200 | 1:300 | From 1.2 pips | None | Swap-free trading, aligns with Sharia principles |
VIP | $10,000 - $20,000 | 1:200 | From 0.6 pips | Customizable | For high-volume traders, customizable features |
Demo | None | - | - | None | Risk-free practice for beginners |
Visit the Trade Infiny website and locate the 'Open an Account' button.
Fill out the registration form with personal details such as name, email address, and phone number.
Choose the desired account type (Standard, ECN, Islamic, VIP, or Demo) and agree to the terms and conditions.
Complete the verification process by submitting required identification documents such as a government-issued ID and proof of address.
Fund your account with the minimum required deposit using your preferred payment method (e.g., bank transfer, credit/debit card, or e-wallet).
Trade Infiny offers a maximum trading leverage of up to 1:500. This high level of leverage enables traders to trade larger positions with a smaller capital outlay.
However, high leverage could amplify both profits and losses, which might increase risks for traders. Therefore, traders need to use leverage cautiously and implement strong risk management strategies.
Trade Infiny's trading costs vary between account types. The Standard account features no commission with spreads beginning at 1.2 pips, suitable for casual traders. The ECN account, preferred by professionals, offers lower spreads starting at 0.1 pips with a commission on trades. VIP account holders benefit from reduced spreads and customizable commission rates, ideal for high-frequency traders. The Islamic account, adhering to Sharia principles, provides a unique spread structure and is swap-free.
Account Type | Spreads Starting From | Commission | Special Features |
Standard | 1.2 pips | No | Suitable for casual traders |
ECN | 0.1 pips | Yes | Lower spreads, preferred by professionals |
VIP | 0.6 pips | Customizable | Ideal for high-frequency traders, reduced spreads |
Islamic | 1.2 pips | Swap-free | Adheres to Sharia principles, swap-free |
Trade Infiny applies various non-trading fees such as overnight interest on positions held overnight, and fees for deposit and withdrawal, which depend on the chosen payment method. Additionally, accounts inactive for a prolonged period may incur an inactivity fee. These fees are an important consideration for traders in managing their overall trading costs.
Trade Infiny offers a range of trading platforms, catering to the diverse needs of its clients. These include the widely-used MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, known for their robust functionality, advanced charting tools, and automated trading capabilities.
Additionally, Trade Infiny provides a WebTrader platform, allowing for convenient access to trading accounts directly from a web browser without the need for any downloads or installations. These platforms are available on various devices, including desktops, smartphones, and tablets, ensuring traders can manage their trades and monitor the markets from anywhere at any time.
Minimum Deposit Amounts: Varies by account type. For instance, $50 for a Standard account and up to $10,000 for a VIP account.
Methods of Deposit:
Bank Transfers: Widely used, suitable for both small and large deposits. They are secure but might take up to 5 business days to process.
Credit/Debit Cards: Offer instant deposits and are convenient for quick funding of accounts. Widely accepted and user-friendly.
E-Wallets: Such as PayPal, Skrill, Neteller, provide an immediate and secure way to deposit funds.
Cryptocurrency: Offers a modern, decentralized way of depositing funds, subject to the broker's policies.
Processing Time: Immediate for methods like credit/debit cards and e-wallets; bank transfers can take longer, usually up to 5 business days.
Security and Compliance: Deposits are subject to security checks and compliance with financial regulations, ensuring the safety of the funds and adherence to anti-money laundering laws.
Account Type | Minimum Deposit |
Standard | $50 |
ECN | $100 |
Islamic | $50 |
VIP | $10,000 |
Demo | None |
Minimum Withdrawal Amounts: Generally set to maintain a balance between flexibility for the trader and operational efficiency for the broker. The amounts can range from $50 for standard accounts to $500 for VIP accounts.
Methods of Withdrawal:
Typically, brokers require withdrawals to be made through the same method as the deposit. This is a standard practice to prevent money laundering.
Bank Transfers: Reliable but slower, with processing times of 3-5 business days.
Credit/Debit Cards and E-Wallets: Faster, often processed within 24 hours for e-wallets and 1-3 business days for cards.
Fees:
E-Wallets: No fee or minimal fee.
Credit/Debit Cards: 2-3% of the withdrawal amount.
Bank Transfers: $20-30 per transaction.
Cryptocurrency: Variable, depending on the network fee.
Verification Procedures: To comply with financial regulations, brokers require verification of identity and sometimes the source of funds before processing withdrawals. This is a standard practice to ensure security and compliance.
Processing Time:
E-wallets: Within 24 hours.
Credit/Debit Cards: 1-3 business days.
Bank Transfers: 3-5 business days.
Account Type | Minimum Withdrawal |
Standard | $50 |
ECN | $50 |
Islamic | $50 |
VIP | $500 |
Demo | N/A |
Trade Infiny provides diverse customer support options. A phone support line (+44 7899 504706) offers immediate assistance, while their Facebook page presents a platform for social media engagement. For written queries, the email address Contact@tradeinfiny.com serves detailed support needs. The broker's physical presence at B 1006 Burgtion Tower, Business Bay, Dubai, adds a layer of accessibility for clients in the region.
Trade Infiny offers a rich array of educational resources to support its clients. These resources include a series of video tutorials covering various trading strategies and technical analysis concepts. The broker also organizes webinars where expert traders share insights and trading tips.
Additionally, Trade Infiny provides comprehensive trading guides and e-books that delve into topics like trading psychology, risk management, and market analysis. For beginners, there are introductory courses that cover the basics of trading, and a glossary is available to help traders familiarize themselves with common trading terms and concepts.
Trade Infiny, established in 2019 in the UAE, offers both advantages and challenges for traders. Its strengths include a diverse range of tradable assets, multiple account types, and educational resources, along with support for popular trading platforms like MetaTrader 4 and 5. High leverage of 1:500 is also a notable feature.
On the downside, the most significant concern is the lack of regulation, which introduces substantial risks regarding investment security and fair-trading practices. The broker's insufficient transparency in providing detailed information about market instruments and specific account features, including non-trading fees, further complicates its evaluation. Consequently, while Trade Infiny has certain appealing aspects, the risks associated with its unregulated status should be carefully considered.
Q: What assets can I trade at Trade Infiny?
A: Trade Infiny offers trading in Forex, Indices, Commodities, Stocks, and Cryptocurrencies.
Q: Can you describe the account options at Trade Infiny?
A: Trade Infiny has various accounts: Standard, ECN, Islamic, VIP, and a risk-free Demo account.
Q: What's the minimum deposit for Trade Infiny?
A: A minimum of $50 is required to start trading in a Standard account with Trade Infiny.
Q: Does Trade Infiny provide learning materials for traders?
A: Yes, they offer extensive educational materials including webinars, e-books, courses, and market insights.
Q: What platforms are available for trading at Trade Infiny?
A: They support MetaTrader 4, MetaTrader 5, and WebTrader platforms.
Q: How can I deposit and withdraw funds at Trade Infiny?
A: Various methods like Bank Transfer, Credit/Debit Cards, and E-wallets are available, but specific fee details are not clear.
Q: Is Trade Infiny a regulated entity?
A: No, Trade Infiny lacks regulation from recognized financial authorities, implying risks in trading with them.
Engaging in online trading involves significant hazards, such as the potential for total loss of invested funds, rendering it unsuitable for certain investors. It is vital to understand these inherent dangers and to be aware that the content of this review might be altered following updates to the company's services and policies.
The creation date of this review is also a key aspect to consider since there could have been changes in the information since its publication. Responsibility for the utilization of information from this review lies entirely with the reader.