INFINOX is a global Forex and CFD broker based in London, recognized for its superior trading execution and outstanding customer service. Using the popular MT4 and MT5 platforms, INFINOX provides online trading service globally on Forex, metals, crude oil, crypto, bond, and equity CFDs.
In additional to its competitive spread, INFINOX is also one of the very few brokers that offer 1000x leverage on gold, crude oil and indices trading.
INFINOX Regulations
Established in 2009, INFINOX now has offices in 15 countries and holds two tier-one regulatory licenses in the UK and South Africa, along with offshore licenses in the Bahamas and Mauritius.
To further protect its clients, INFINOX has secured additional insurance of up to $500,000 per client through Lloyd’s of London. In the unlikely event of insolvency, eligible clients can receive up to $500,000 from this insurance. Click here to view the insurance policy.
Moreover, INFINOX has established a significant presence in the world of motorsports through its official partnership with the BWT Alpine F1® Team and the Alpine Endurance Team.
| Regulator | License Number | Regulator | License Number |
|---|---|---|---|
| UK FCA | FRN 501057 | South Africa FSCA | FSP 50506 |
| Mauritius FSC | GB20025832 | Bahamas SCB | SIA F-188 |
Gold/OIL/Index - 1000x Leverage
Most other high-leverage brokers offer their highest leverage, typically 1000x or 2000x, only on Forex pairs, with significantly lower leverage on other products. INFINOX, however, stands out by providing 1000x leverage not only on Forex but also on gold, crude oil, and indices. This makes INFINOX particularly suitable for two types of traders:
- Traders seeking low trading costs: INFINOX offers highly competitive spreads.
- Traders looking for high leverage on gold, crude oil, and index products.
For investors with a small budget who want to trade in Forex, gold, oil, and indices, INFINOX’s leverage policy makes trading more accessible and flexible. To illustrate the benefits of INFINOX’s leverage options, let’s compare the required margin when using 200x, 400x, and 1000x leverage on different products, assuming gold is traded at $2,300, WTI is $80 and Nasdaq is $18,000:
| 100 ounces gold | 100 barrels WTI | 1 lot Nasdaq 100 | |
|---|---|---|---|
| 1:200 | $1150 | $40 | $90 |
| 1:400 | $575 | $20 | $45 |
| 1:1000 | $230 | $8 | $18 |
INFINOX offers some of the highest leverage levels in the industry on gold, WTI, BRENT, and global indices such as the Dow Jones, S&P 500, and Nasdaq 100. This high leverage allows traders to maximize their potential returns on these products.
Additionally, INFINOX supports micro (0.01) lots, making trading accessible to a broader range of investors. For instance, the minimum trade size is just 1 ounce for gold and 1 barrel for crude oil, enabling traders to start with smaller investments while still benefiting from high leverage.
Important note: Only accounts with equity less than $5,000 are eligible for 1000x leverage. If the equity exceeds $5,000, the maximum leverage is reduced to 500x.
INFINOX Trading Platform
INFINOX offers the industry’s most popular MT4 and MT5 platforms, providing access to nearly 1,000 global financial instruments spanning Forex, stocks, futures, indices, commodities, bonds, and cryptos. While the trading environments between INFINOX’s MT4 and MT5 platforms are largely similar, equity CFDs are exclusively available on MT5.
MT4 platform
Range of markets: 53 Forex pairs, 5 precious metals, 12 commodities, 16 indices, 43 cryptocurrencies, 9 futures and 7 bonds.
EA trading: support Scalping: support
Platform terminal: Desktop, web, mobile app
MT5 platform
Range of markets: 55 Forex pairs, 5 precious metals, 17 commodities, 16 indices, 44 cryptocurrencies, 4 futures and Europe equity CFDs.
EA trading: support Scalping: support
Platform terminal: Desktop, web, mobile app
INFINOX Gold Trading
Among the thousands of instruments that INFINOX provides, gold is particularly noteworthy due to its wide range of variations. In addition to spot gold and gold futures, INFINOX offers mini gold and gold in grams.
Spot Gold – XAUUSD/XAUEUR
Besides XAUUSD, INFINOX also offers spot gold quoted in other major currencies such as EUR, GBP, and JPY. Regardless of the quoting currency, 1 lot of spot gold equals to 100 ounces, with a minimum trading lot of 0.01 lots.
Mini Spot Gold – XAUUSDm
The mini spot gold is quoted in USD, with 1 lot of XAUUSDm representing 10 ounces only. The minimum trading lot is 0.01 lots, equivalent to just 0.1 ounces.
Spot Gold in Grams – GAUUSD
Compared to ounces, many traders from Asia are more familiar with the measurement unit of grams. GAUUSD represents spot gold quoted in grams in USD. As a reference point, 1 ounce of gold is equivalent to 28.35 grams.
Gold Futures – GOLDft
GOLDft is a gold futures CFD that mirrors the pricing of gold futures traded on COMEX. It represents the anticipated price of gold to be delivered on a specific future date.
INFINOX Account Type & Spread
INFINOX offers traders a choice between two account types: STP and ECN. With an STP account, traders are charged only the spread on trading fees, providing a straightforward and transparent fee structure. On the other hand, the ECN account charges a raw spread plus commission.
Interestingly, when factoring in the commission, the overall trading costs for the ECN account often equate to, or even exceed, those of the STP account. Therefore, traders are typically recommended to opt for the STP account.
Apart from the fees structure, the trading conditions on other aspects are the same between the two accounts, including the maximum leverage, mininum trading lot, and stop-out level:
- Maximum leverage: 1000x on FX, Gold, Crude oil, and Indices | 200x on BTC
- Minimum trading lot: FX: 0.01 lots | Gold: 0.01 lots (1 oz) | Crude oil: 0.01 lots (1 barrel) | Indices: 0.01 lots
- Stop-out level: 20%
1). INFINOX STP Account
| INFINOX STP Account Average Spread | ||
|---|---|---|
| Instrument | Average spread | Commission |
| EURUSD | 1.1 | 0 |
| USDJPY | 1.1 | |
| GBPUSD | 1.2 | |
| XAUUSD | 0.21 | |
| WTI | 0.05 | |
| BRENT | 0.05 | |
| US30 | 2.3 | |
| SPX500 | 0.45 | |
| NAS100 | 1.2 | |
Platform: MT4 | MT5
Mininum deposit: 0
Trading Fees: Spread only
In INFINOX’s STP account, the spread on major products such as EURUSD, GBPUSD, USDJPY, and XAUUSD is highly competitive.
Despite not having a minimum deposit requirement, the spread offered by INFINOX in its STP account is even better than that of some other brokers’ premium accounts.
2). INFINOX ECN Account
| INFINOX ECN Account Average Spread | ||
|---|---|---|
| Instrument | Average spread | Commission |
| EURUSD | 0.2 | $7 |
| USDJPY | 0.7 | |
| GBPUSD | 0.5 | |
| XAUUSD | 0.15 | |
| WTI | 0.03 | $0.7 |
| BRENT | 0.03 | |
| US30 | 2.0 | $2 |
| SPX500 | 0.4 | |
| NAS100 | 1.0 | |
Platform: MT4 | MT5
Mininum deposit: 0
Trading Fees: Raw spread + commission
In INFINOX’s ECN account, traders are charged a raw spread along with a commission.
The commission rates are as follows: $7 per round turn for Forex and Gold trades, $0.7 for crude oil trades, and $2 for indices trades.
INFINOX Deposit & Withdrawal
1). INFINOX Deposit Methold
(1). Bank Wire
INFINOX holds its clients’ funds in account with DBS Bank in Singapore.
Process time: 1 – 3 business days
Fees: $15 – $25
(2). Visa/Master Card
INFINOX provide the deposit channel for Visa/Master credit card.
Process time: Instant
Fees: 0
(3). Cyrptocurrency
INFINOX accepts the widely used USDT-TRC20, USDT-ERC20, USDC-ERC20, BTC and ETH.
Process time: Instant
Fees: 0
(4). Skrill/Neteller
The popular E-wallet Skrill and Neteller are both in INFINOX’s deposit option.
Process time: Instant
Fees: 0
(5). Local Bank Transfer
For residents of Malaysia, Thailand, Vietnam, Indonesia, and China, INFINOX offers the convenience of local bank transfer option.
Process time: Instant
Fees: 0
2). INFINOX Withdrawal Method
INFINOX does not accept third-party deposits or withdrawals, all funds must be withdrawn to the account holder’s own bank account or e-wallet account. Below is INFINOX’s withdrawal details:
- Bank Wire: The processing time is 1 to 3 business days. Traders will need to pay an intermediary bank charge of approximately $15.
- Credit Card: Funds must be returned to the original card. The processing time may vary from 1 to 10 days, depending on the issuing bank.
- Local Bank Transfer: The processing time is 1 to 2 business days. This option is available only for countries where local bank transfer deposits are supported.
- Crypto/Skrill/Neteller: The processing time is 1 to 2 business days, with no fees.
INFINOX Customer Reviews
INFINOX boasts an outstanding reputation, earning an impressive 4.8 rating on Trustpilot. The majority of reviews praise both the products and customer service, highlighting the advantages that INFINOX offers to its clients.
For traders seeking low trading costs and exceptional customer support, INFINOX stands out as one of the top options in the market. This stellar rating on Trustpilot underscores the reliability and satisfaction experienced by users of INFINOX’s services.
INFINOX Signup Process
INFINOX’s signup process is streamlined, comprising just six simple steps that can typically be completed in a quick 5 to 10 minutes. Once the account application, along with proof of ID, is submitted, INFINOX promptly reviews and approves it within 1 to 2 business days.
Upon approval, traders receive two important emails. The first email provides login credentials for accessing the client portal, while the second email contains the login details for the trading account.
Important note: INFINOX does not offer services to residents of the United States and Singapore. Singapore traders can choose other low-spread brokers such as ThinkMarkets and Pepperstone.
