InfiniTrade Company

Infinitrade Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

Infinitrade Company was founded in 2018, positioning itself as an offshore broker specializing in various trading services, including Forex, CFDs, and cryptocurrencies. Despite its relatively recent establishment, Infinitrade has garnered attention due to its controversial regulatory status and customer feedback.

Parent Company/Ownership Structure

The broker operates under the ownership of A&E Products Ltd., which is incorporated in the Marshall Islands. This region is often chosen by brokers due to its lenient regulatory requirements, raising concerns about the legitimacy and safety of the services provided.

Headquarters Location

Infinitrade's registered address is located in Majuro, Marshall Islands, while its operational address is in Sofia, Bulgaria. This dual-location setup can lead to confusion regarding its operational transparency and accountability.

Global Business Scope

Infinitrade offers its services globally, although it has been flagged by several regulatory bodies, including the FCA (UK), ASIC (Australia), and the Central Bank of Ireland, for operating without proper licenses. The broker does not accept clients from the United States.

Main Regulatory Bodies

Infinitrade is not regulated by any major financial authority, which is a significant red flag for potential investors. The lack of regulation has led to warnings from various financial watchdogs, indicating that the broker operates in a high-risk environment.

Back to top

2. Company History and Development

Key Milestones

Since its inception in 2018, Infinitrade has aimed to provide a diverse range of trading options. However, its journey has been marred by regulatory warnings and negative customer reviews, which have significantly impacted its reputation.

Business Expansion Journey

Infinitrade has attempted to expand its offerings by providing access to various financial instruments, including Forex, stocks, and cryptocurrencies. However, its operational model has faced scrutiny, limiting its growth potential in established markets.

Customer Base Growth

The customer base of Infinitrade has reportedly grown, but this growth is accompanied by numerous complaints regarding withdrawal issues and alleged scams. The broker has received a low trust score from users, which may affect future growth.

Platform Development History

Infinitrade utilizes the Tradersoft platform, which is known for its user-friendly interface and range of trading tools. While the platform has received some positive feedback, the overall user experience is overshadowed by the broker's regulatory issues.

Important Awards or Recognitions Received

Infinitrade has not received any notable awards or recognitions from reputable financial institutions, which further questions its credibility in the trading industry.

Back to top

3. Trading Services Offered

Forex Trading Options

Infinitrade provides access to a limited range of Forex trading options, offering several currency pairs. However, specific numbers on the currency pairs available are not disclosed, which may hinder traders looking for comprehensive options.

Stock Trading Options

The broker claims to offer stock trading options, but details regarding the specific stocks available for trading are scarce. This lack of transparency can be concerning for potential investors seeking to diversify their portfolios.

CFD Trading Products

Infinitrade offers a variety of Contracts for Difference (CFDs) across different asset classes, including indices and commodities. However, the high spreads associated with these products can deter traders looking for cost-effective trading solutions.

Other Financial Instruments

In addition to Forex and CFDs, Infinitrade provides trading options for cryptocurrencies and commodities. The broker's cryptocurrency offerings include major coins, but the lack of regulation raises questions about the safety of trading these volatile assets.

Special Services or Unique Advantages

Infinitrade claims to offer features such as copy trading, although the specifics and performance metrics of the traders available for copying are not clearly outlined. This ambiguity can lead to uncertainty for potential users considering this service.

Back to top

4. Regulatory and Legal Background

Detailed Regulatory Information

Infinitrade operates without any valid regulatory licenses from recognized authorities such as the FCA, ASIC, or CySEC. This lack of regulation is a significant concern for potential investors, as it indicates a higher risk of fraud and poor customer service.

Legal Entity Structure by Region

The broker is registered as A&E Products Ltd. in the Marshall Islands and operates from Bulgaria. This dual structure complicates accountability and raises concerns about the protection of client funds.

Client Fund Protection Measures

Due to the absence of regulation, Infinitrade does not provide any robust client fund protection measures. Investors are advised to exercise caution when dealing with the broker, as their funds may not be secure.

Countries/Regions Served

Infinitrade targets a global audience but has been explicitly warned against by financial authorities in various countries, including the UK, Australia, and Ireland. Notably, the broker does not accept clients from the United States.

Compliance History

Infinitrade has a troubling compliance history, with multiple warnings issued against it by various regulatory bodies. The broker's operational practices have raised significant concerns, leading to its classification as a potential scam.

Back to top

5. Competitive Landscape

3-5 Main Competitors

Infinitrade competes with other offshore brokers such as eToro, Plus500, and IG. However, these competitors are often regulated and offer better customer service and trading conditions.

Positioning in the Industry

Infinitrade's positioning is precarious due to its unregulated status and numerous complaints. While it aims to attract traders with diverse offerings, its reputation is overshadowed by allegations of scams and poor customer experiences.

Market Differentiation Factors

Infinitrade attempts to differentiate itself through its trading platform and the variety of financial instruments offered. However, the high minimum deposit requirements and lack of transparency in its services significantly detract from its appeal.

Back to top

In conclusion, while Infinitrade presents itself as a trading platform with a range of financial products, its lack of regulation and numerous complaints from users raise serious concerns about its legitimacy. Potential investors are strongly advised to conduct thorough research and consider regulated alternatives before engaging with this broker.

For more information on safer trading practices and regulated brokers, learn more.