INFINOX

INFINOX is a forex and CFD broker founded on 11 September 2017, with its registered office in Ebene, Mauritius, and operations regulated in two jurisdictions. The broker is particularly notable for holding a licence from the UK Financial Conduct Authority (FCA), one of the most respected financial regulators globally, as well as an offshore licence from the Securities Commission of the Bahamas (SCB). This dual regulatory structure allows INFINOX to cater to clients across different regions while maintaining a presence in a major financial hub.

The company’s full legal name is Infinox Limited, and it is registered at Credentia International Management, Cyberati Lounge, Ground Floor, The Catalyst Building, 40 Cybercity, Ebene, Republic of Mauritius. INFINOX positions itself as a broker suitable for both new and experienced traders, offering access to multiple asset classes through popular trading platforms.

INFINOX holds two active licences. The FCA licence (number 501057) authorises the broker as a market maker (MM) under the Markets in Financial Instruments Directive, providing clients with a high level of regulatory protection, including eligibility for the Financial Services Compensation Scheme (FSCS) and access to the Financial Ombudsman Service. The SCB licence (number SIA F-188) is an offshore derivatives trading licence that allows the broker to operate internationally but with lower regulatory oversight.

The broker’s FXCanary Scam Risk Score is 20 out of 100, indicating a low overall risk level. However, traders should be aware that the SCB licence is considered an offshore regulator, and funds held under that entity may not enjoy the same protections as those under the FCA.

INFINOX offers two main account types: ECN and STP. The ECN account features raw spreads starting from 0.2 pips with a commission of 3 units (USD, EUR, GBP, or AUD) per side. The STP account offers fixed spreads from 0.9 pips with no commission. Both accounts have a maximum leverage of 1:30, which is standard for FCA-regulated brokers. The minimum deposit is not publicly disclosed, but client feedback suggests it is accessible to retail traders.

Trading is available on the MetaTrader 4 and MetaTrader 5 platforms, which are widely known for their advanced charting, automated trading capabilities, and robust order execution. INFINOX supports both desktop and mobile versions, ensuring traders can manage their positions on the go.

The broker provides trading in forex, indices, commodities, and futures. Specific instrument details are not extensively listed, but reviews indicate that the offering includes major and minor currency pairs, popular commodity CFDs such as gold and oil, and index CFDs. Clients can trade these instruments using either the ECN or STP account, depending on their preference for spread vs. commission structure.

INFINOX also promotes a loyalty program that allows traders to earn points for trading activity and redeem them for rewards. Additionally, the broker offers an IX Social platform that caters to social trading, enabling users to follow and copy the strategies of successful traders. These features aim to enhance the overall trading experience and build a community among clients.

INFINOX is designed for retail and professional traders who seek a regulated broker with a mix of competitive pricing and reliable execution. The FCA licence makes it particularly attractive to traders in the United Kingdom and Europe who value strong regulatory oversight. The availability of MT4 and MT5 also appeals to algorithmic traders and scalpers who require fast execution and low latency.

However, the broker’s offshore SCB licence may raise concerns for traders who prioritise deposit protection, especially given some negative user reports about withdrawal delays and account blocks. Overall, INFINOX is best suited for traders who are comfortable with a tiered regulatory model and who have a moderate risk tolerance.