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How safe is your money if you invest with INFINQX?

WikiFX | 2024-03-06 17:35

Abstract:A group of forex and cryptocurrency enthusiasts formed INFINQX, which is situated in the United Kingdom. The team used robotic trading to create a fully autonomous system. The headquarter is in London. It is a community of people from over 120 nations around the world.

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About INFINQX

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A group of forex and cryptocurrency enthusiasts formed INFINQX, which is situated in the United Kingdom. The team used robotic trading to create a fully autonomous system. The headquarter is in London. It is a community of people from over 120 nations around the world. According to the broker, our aspirant is to transform crypto and forex trading through the innovative criteria of artificial intelligence.

Review

This broker is not regulated by any reputed authorities like FCA, CySEC, FSMA, and ASIC. It is an unlicensed broker. We searched more about this broker and found mostly negative about it. Even on YouTube videos, they say this broker is unsafe.

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On its official website, which is INFINQX.ai, It does not provide simple basic information about market instruments, trading platforms, trading tools, leverage, deposits and withdrawals, spreads and commissions, etc. It just does self-promotion without any evidence. Its whole website is a perfect example of how untrustworthy brokers attract investors by offering them attractive schemes.

When we searched for this broker on WiKiFX. We found INFINQX, is a non-regulated broker with a very low score. This broker has 1.07 out of 10. WiKiFX stated there:

Warning: Low score, please stay away!

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Conclusion

If you don't want to lose your money, it's better to keep your money away from the broker. They make continuous calls to traders and urge them to invest large amounts. Suddenly, one day, you are unable to contact the broker, or the website seems to be down. It is a fake and untrustworthy broker, and therefore, your money is unsafe. INFINQX is a suspected scam. If you already invested with INFINQX, We advise you to cease depositing funds with them. WiKiFX warns you to stay away from this broker.

Install the WiKiFX app or visit its website to get the latest news about the forex industry.

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Related broker

Not Regulated
INFINQX
Company name:INFINQX
Score
1.60
Website:https://infinqx.ai/
2-5 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.60

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