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Inefex foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.inefex.com/, about the company's legal and temporary regulatory information, the company's address Suite 803, 8th Floor, Hennessy Tower, Pope Hennessy Street, 11328, Port Louis, Mauritius..

Inefex Forex Broker

Basic Information

Registered Region
Mauritius
Operating Period
--
Company Name
Novir Markets Ltd
Abbreviation
Inefex
Company employee
--
Customer Service Email Address
info@inefex.com
Contact Number
+23052971917
Company Website
Company address
Suite 803, 8th Floor, Hennessy Tower, Pope Hennessy Street, 11328, Port Louis, Mauritius.
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Inefex Review SummaryFounded2020Registered Country/RegionMauritiusRegulationNot RegulatedMarket InstrumentsCurrencies, Cryptocurrencies, Commodities, Stocks, and Indices CFDsDemo AccountNot MentionedLeverageUp to 1:400SpreadEUR/USD: 3.0 pips (Basic account)Trading PlatformInefex Web TraderMin Deposit€250Customer Supportinfo@inefex.com+23052971917Inefex 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 ConsPros Cons High leverage of up to 1:400Lack of regulationOffers four account typesRequires a minimum deposit of €250Charges no fees for deposits and withdrawalsIs 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 TypeMinimum DepositBASIC€250GOLD€25,000PLATINUM€100,000VIP€250,000Leverage 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.SpreadBASIC (€250)GOLD (€25,000)PLATINUM (€100,000)VIP (€250,000)EUR/USD3.0 PIPS2.7 PIPS2.1 PIPS1.6 PIPSGBP/USD3.4 PIPS3.1 PIPS2.5 PIPS2.0 PIPSUSD/JPY3.3 PIPS3.0 PIPS2.4 PIPS1.9 PIPSCRUDE OIL$0.12$0.11$0.10$0.08Non-Trading FeesDeposit Fee FreeWithdrawal Fee FreeInactivity Fee Not MentionedTrading PlatformTrading PlatformSupported Available Devices Suitable for Inefex Web Trader✔PC and MobileInvestors of all experience levelsDeposit 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.

Rating Index

VIP

Minimum Deposit
€250,000

PLATINUM

Minimum Deposit
€100,000
How to login to Inefex?
inefex Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a inefex Account Registering for an inefex account is the first step towards engaging in online trading. The registration process is straightforward and can be com

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Latest Reviews

FX3614974043

FX3614974043

Malaysia

Inefex and the financial advisor are total scammer... can't withdraw money ... Stupid fucking inefex... Followed the advisor and made my money all lost... Lost my money there.. seriously a cheater...

Exposure

01-13

Even Zh

Even Zh

Taiwan

A small amount of money in the early stage will make you earn a lot, but you won't be able to claim any of your earnings. Within just two weeks, I kept urging you to invest and increase your savings, telling you that you would definitely make a profit, and then calling on you to increase your funds in order to increase your margin and invest in more things. In the mid-term, you suddenly realize a significant loss in profits, even increasing from $10000 to $20000 overnight. Then you will receive a notification from the system that you need to increase the deposit to protect your account, otherwise it will be frozen? Then you will receive their finance manager saying that you need to pay a 20% investment tax in order to return the original investment amount of $20000 to you? And I also told you: only you have this opportunity, others don't? But I refused... and then the financial manager will tell you: he has tried his best to fight for you, but there is no way because the company does not agree? Then he will turn around and blame you, saying: You were asked to increase the margin back then, but you didn't do that, so now your account is in this situation? I replied to him, 'I don't have any extra money to invest anymore, and I also told you back then that it's beyond my ability and there's no way to increase it. But now you're blaming me instead?'? Why don't you pay the transaction tax for me first, and then deduct it from my investment amount and give it to me? But he couldn't answer? Just asking me to give him time, asking me to wait? I have all my savings in cash, and I can't withdraw any money when I make money? Because the financial manager will only tell you: after holding on until the end of the month, you can come out with the surplus in early August. Just wait a little longer and there won't be any problems? But in the end, not only was the invested capital gone, but tonight when I looked at it, the entire official website was shut down? Even the email sent out was returned? It's really shocking and dumbfounded

Exposure

2024-07-29

FX6807822552

FX6807822552

Brazil

A friend had posted something about the company, and I did some research, and soon they called me. I joined the chat and gave a testimonial for 200 dollars; I even earned 1.79 on my own because I didn't have anyone's attention! I tried to withdraw the 201.79 dollars that were in my account! On 07/12/2024 and until today, 07/18/2024, I have had no response to anything, and they say it takes 3 days. Finally, someone named Anderson called me and said he was my consultant and asked inappropriate questions, but I ended up answering if I was married, but anyway, I ended up depositing more than 200 dollars with the hope of winning something! He said that. Netflix was hot and highly anticipated! I did everything he taught me, and when I went to sell, I ended up losing money, and the rest that was left in the Inefex account I couldn't withdraw! Because the first withdrawal has been stopped. Look, don't fall for that. I hope this testimonial helps someone!

Exposure

2024-07-19

Inefex

News

Inefex Review: Unregulated Broker with Risky Withdrawal Issues

Exposure Inefex Review: Unregulated Broker with Risky Withdrawal Issues

Inefex is an unregulated CFD broker with a poor reputation. Users report withdrawal issues, fraud, and scams. Avoid trading with this broker.

Something You Need to Know About Inefex

Exposure Something You Need to Know About Inefex

Inefex, a broker operating in the financial industry has faced scrutiny due to the absence of valid regulation and a suspicious regulatory license.

Inefex Forex Broker has an overall rating of 1.35, Regulatory Index 0.00, License Index 0.00, Business Index 5.78, Software Index 4.00 Risk Control Index 0.00.