INFINOX Spreads, leverage, minimum deposit Revealed

INFINOX Information

　　INFINOX is anFCA-licensed FX & CFD broker specializing in online investment and trading services. The tradable instruments include forex, indices, commodities, and futures. The broker also provides MT4 and MT5 platforms, as well as two accounts with a maximum leverage of 1:30. The minimum spread is from 0.2 pips.

Pros and Cons

Is INFINOX Legit?

　　It is relatively safe for investors to conduct financial activities in regulated entities. The regulatory information of this broker is as follows:

Regulated Country	Regulated Authority	Regulated Entity	License Type	License Number	Current Status
	FCA	Infinox Capital Limited	Institution Forex License	501057	Regulated
	SCB	IX Capital Group Limited (formerly Infinox Capital (Bahamas) Limited)	Retail Forex License	SIA F-188	Offshore regulated

What Can I Trade on INFINOX?

　　INFINOX offers 900+ market instruments, including forex(45 currency pairs), indices, commodities, futures, and more.

Account Type

　　INFINOX has two account types: STP and ECN. Traders who want low spreads can choose an ECN account. Copy trading is also available, a way for inexperienced traders or followers who dont have the time to do extensive research or want to diversify their portfolio to copy the trades of experienced traders (also known as money managers or copy trading gurus). Muslims are allowed to open Islamic accounts without swaps.

INFINOX Fees

　　The spread is from 0.2 pips, the commission is from 0. The lower the spread, the faster the liquidity.

Leverage

　　The leverage is from 1:30 to 1:1000, and the maximum leveragemeans that profits and losses are magnified 1000 times.

Trading Platform

　　INFINOX cooperates with the authoritative MT4 and MT5 trading platforms, which are available on Desktop(PC/MAC), Mobile(iOS/Android), and Web. Junior traders prefer MT4 over MT5. While traders with rich experience are more suitable for using MT5. Both MT4 and MT5 provide various trading strategies and implement EA systems.

Deposit and Withdrawal

　　The first deposit amount must be 50 GBP or the equivalent. INFINOX accepts debit or credit cards, digital wallets, and bank transfers for deposit and withdrawal. INFINOX transfer processing times are up to one business day.