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
Founded	2020
Registered Country/Region	Mauritius
Regulation	Not Regulated
Market Instruments	Currencies, Cryptocurrencies, Commodities, Stocks, and Indices CFDs
Demo Account	Not Mentioned
Leverage	Up to 1:400
Spread	EUR/USD: 3.0 pips (Basic account)
Trading Platform	Inefex Web Trader
Min Deposit	€250
Customer Support	info@inefex.com
Customer Support	+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.

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.

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	❌

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

Leverage

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

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.

Spread	BASIC (€250)	GOLD (€25,000)	PLATINUM (€100,000)	VIP (€250,000)
EUR/USD	3.0 PIPS	2.7 PIPS	2.1 PIPS	1.6 PIPS
GBP/USD	3.4 PIPS	3.1 PIPS	2.5 PIPS	2.0 PIPS
USD/JPY	3.3 PIPS	3.0 PIPS	2.4 PIPS	1.9 PIPS
CRUDE OIL	$0.12	$0.11	$0.10	$0.08