Traders Union assessed Infinox in 2023

Infinox is a reputable broker providing CFD and Forex trading services since 2009. Headquartered in the Bahamas and boasting 14 regional branches, Infinox holds licenses from esteemed regulatory bodies such as the FCA, FSC, and SCB. 

Traders Union assessed Infinox comprehensively to answer a few questions traders might be asking. This offers valuable insights, empowering traders with the information to make well-informed decisions in navigating the trading landscape with Infinox as their chosen platform.

Expert analysis of Infinox

Traders Union acknowledges Infinox as a broker that prioritizes granting traders direct access to liquidity providers, eliminating the need for intermediaries. Since its establishment in 2009, Infinox has dedicated itself to continuous software enhancements, resulting in swift order execution. Embracing ECN (Electronic Communication Network) and STP (Straight Through Processing) technologies, the platform not only ensures faster execution but also offers competitive commissions and eliminates slippage and requotes, thus enhancing traders’ profitability.

Infinox presents its clients with two types of trading accounts: STP and ECN. Both account options allow traders to choose between MetaTrader 4 and MetaTrader 5 as their preferred trading terminals. On the STP account, commissions are charged as spreads, with an average of 0.9 pips for the famous currency pair EUR/USD. Meanwhile, the ECN account entails a fixed commission of USD 7.5 per lot traded. Additionally, Infinox extends access to eight stock markets, with separate commissions applicable to each.

Trading conditions for Infinox users

Traders Union acknowledges that Infinox broker provides traders with a diverse range of instruments across five categories, including Forex, CFDs on stocks, indices, commodities, futures, and cryptocurrencies. Traders can engage in margin trading with leverage of up to 1:500. Infinox also caters to Muslim clients by offering a dedicated Muslim (swap-free) account. To familiarize themselves with the broker’s platforms and trading conditions, traders can utilize a demo account Infinox provides for practice trading.

More about Infinox

Traders Union recognizes Infinox as a broker committed to providing traders direct access to liquidity providers, thereby eliminating the involvement of intermediaries. Since 2009, Infinox has continuously enhanced its software to ensure faster order execution and a seamless trading experience. Key features of Infinox include:

• ECN and STP technologies: These technologies not only accelerate execution speed but also offer traders profitable commissions, along with no slippage and requotes.
• Trading account options: Infinox offers two trading accounts – STP and ECN – allowing clients to choose between MetaTrader 4 and MetaTrader 5 as their preferred trading terminals.
• Commission structure: On the STP account, commissions are charged in the form of spreads (average of 0.9 pips for EUR/USD), while the ECN account entails a fixed commission of USD 7.5 per lot.
• Multiple stock markets: Infinox grants clients access to eight stock markets with separate commissions.
• Diverse trading instruments: Clients can trade six types of devices, and passive investors have the opportunity to generate income through services like IX Social and MQL5, which facilitate copy trading.

Best alternatives to Infinox

TU recommends considering alternative brokerage options to Infinox. Here are some reputable brokers suggested by Traders Union:

• RoboForex: A well-established broker with a wide range of investment options, including automated trading systems known as ‘Robo-advisors.’
• Pocket Option: A prominent broker specializing in binary options trading, offering an intuitive platform, diverse asset selection, and flexible trading hours.
• Tickmill: A globally recognized broker providing forex and CFD trading services, known for competitive spreads, fast trade execution, and a reliable trading platform.

Traders Union has comprehensively evaluated to publish Trader 245 as a notable alternative to Infinox. The analysis highlights that Trader 245 offers a sophisticated online trading platform, granting traders access to diverse trading opportunities.

Conclusion

In conclusion, Traders Union’s assessment of Infinox as a reputable broker reveals its dedication to providing direct access to liquidity providers, advanced technologies for swift order execution, and diverse trading instruments. While Infinox offers excellent trading conditions, Traders Union also suggests considering alternative brokers like RoboForex, Pocket Option, Tickmill, and Trader 245 for traders seeking additional options and opportunities in the online trading landscape. Visit the Traders Union’s official website for more information.