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Inefex Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-04-29 10:43

Abstract:Inefex, a broker operating in the financial industry, lacks valid regulation, raising concerns about transparency and accountability. Potential investors should exercise caution when considering engaging with this unregulated entity. Inefex offers trading in stocks, cryptocurrencies, currencies, commodities, and indices. They provide various account types, including Basic, Gold, Platinum, and VIP, with different minimum deposit requirements and floating spreads. Inefex offers high leverage of up to 1:500 and variable spreads depending on the account type and trading instrument. The broker supports the MetaTrader 4 platform and a web-based trading platform. They provide a Cost Calculation Tool and educational resources on trading, strategies, margin, leverage, and more. Customer support is available via phone, email, and live chat. User reviews on WikiFX vary, with some expressing satisfaction and others mentioning potential issues.

Inefex Review Summary
Founded2020
Registered Country/RegionMauritius
RegulationNot Regulated
Market InstrumentsCurrencies, Cryptocurrencies, Commodities, Stocks, and Indices CFDs
Demo AccountNot Mentioned
LeverageUp to 1:400
SpreadEUR/USD: 3.0 pips (Basic account)
Trading PlatformInefex Web Trader
Min Deposit€250
Customer Supportinfo@inefex.com
+23052971917

Inefex Information

  Inefex is a CFD broker operating in the financial industry in Mauritius. It offers many different market instruments, including currencies, cryptocurrencies, commodities, stocks, and indices CFDs. With four different account types, clients can enjoy flexible spreads and high leverage of up to 1:400, and it charges no fees for deposits and withdrawals. However, it requires a minimum deposit of €250.

Inefex Information

Pros and Cons

Pros Cons
  • High leverage of up to 1:400
  • Lack of regulation
  • Offers four account types
  • Requires a minimum deposit of €250
  • Charges no fees for deposits and withdrawals

Is Inefex Legit?

  Inefex is unregulated by any financial authorities. The domain name inefex.com on WHOIS was registered on January 20, 2020; updated on October 14, 2024; and will expire on January 20, 2028. Its present state is “client transfer prohibited,” which indicates the domain is locked and cannot be moved to another registrar.

Is Inefex Legit?
Is Inefex Legit?

What Can I Trade on Inefex?

  Inefex offers many different market instruments, including currencies, cryptocurrencies, commodities, stocks, and indices CFDs. There's no ETF trading or bond trading. But overall, you still have a good mix of investment options.

Tradable Instruments Supported
Cryptocurrency✔
Commodities✔
Stock✔
Indices✔
ETFs❌
Bond❌
Metals❌
What Can I Trade on Inefex?

Account Type

  Inefex offers four types of accounts: Basic, Gold, Platinum, and VIP, each requiring a different minimum deposit (€250, €25,000, €100,000, and €250,000, respectively). If you're new or prefer a lower initial investment, the Basic account is a starting point. For tighter spreads and potentially better trading conditions with a larger deposit, consider the Gold, Platinum, or VIP accounts based on your capital and trading volume.

Account TypeMinimum Deposit
BASIC€250
GOLD€25,000
PLATINUM€100,000
VIP€250,000
Account Type

Leverage

  All account types offer a maximum leverage of 1:400, allowing traders to control large positions with a relatively small amount of capital.

Leverage

Inefex Fees

  As the account tier increases (from Basic to VIP) and the minimum deposit becomes higher, the spreads offered on various instruments tend to decrease. For instance, on the EUR/USD pair, the spread is 3.0 pips for the Basic account, but it narrows to 1.6 pips for the VIP account.

SpreadBASIC (€250)GOLD (€25,000)PLATINUM (€100,000)VIP (€250,000)
EUR/USD3.0 PIPS2.7 PIPS2.1 PIPS1.6 PIPS
GBP/USD3.4 PIPS3.1 PIPS2.5 PIPS2.0 PIPS
USD/JPY3.3 PIPS3.0 PIPS2.4 PIPS1.9 PIPS
CRUDE OIL$0.12$0.11$0.10$0.08
Inefex Fees

Non-Trading Fees

Deposit Fee Free
Withdrawal Fee Free
Inactivity Fee Not Mentioned

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Inefex Web Trader✔PC and MobileInvestors of all experience levels
Trading Platform

Deposit and Withdrawal

  Inefex charges no fees for deposits and withdrawals. But it requires a minimum deposit of €250 for individuals looking to open an account.

  

Related broker

No Regulation
Inefex
Company name:Novir Markets Ltd
Score
1.37
Website:https://www.inefex.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.37

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