InfiniTrade Forex Broker

General Information & Regulation Founded in 2018, Infinitrade is an online trading broker based in the Marshall Islands that offers investors with diverse trading experience access to major global markets on the superior trading platform. Infinitrade offers investors competitive trading conditions, multiple account options, 24/7 customer support, and a range of educational resources. Infinitrade is currently an unregulated broker. Market Instruments Infinitrade offers investors access to popular major currency pairs, minor currency pairs, as well as commodities and indices in the Forex market. Minimum Deposit To meet different investors' needs and trading experience, Infinitrade offers five different types of accounts: Bronze (with a minimum deposit of $2,500), Silver (with a minimum deposit of $5,000), Gold (with a minimum deposit of $10,000), Premium (with a minimum deposit of $25,000), and Platinum (with a minimum deposit of $50,000). Infinitrade Leverage Trading leverage varies depending on various instruments. The maximum trading leverage is up to 1:400 for currency pairs and 1:5 for cryptocurrency trading. Since trading leverage is full of risks, traders should cautiously choose the proper amount. Spreads & Commissions The spread on EURUSD offered by Infinitrade is around 3 pips, which is too high compared to the industry standard. However, details on commissions are not mentioned. Trading Platforms Infinitrade offers its investors an in-house developed online trading platform, not an MT4/MT5 trading platform. This trading platform is compatible with cutting-edge technology and ease of use and is available for both experienced and novice traders. However, it is worth noting that traders who generally only offer in-house trading platforms are likely to be a scam, as in-house trading platforms do not have online community monitoring like MT4/MT5. Therefore, traders are likely to add software within the platform to their advantage, so investors should be very wary. Deposit & Withdrawal Infinitrade supports traders to deposit and withdraw funds from their investment accounts via bank wire transfer, credit/debit cards (VISA, MasterCard, Maestro), and electronic payment methods such as Skrill, Yandex Money, WebMoney, GiroPay, etc. The accounts support EUR, USD, and GBP Infinitrade Pros & Cons Infinitrade Advantages Include: 1. Multiple account options 3. 24/7 customer support Infinitrade Disadvantages Include: 1. Not subject to any regulation 2. High minimum deposit amounts for each account 3. High spreads. 4. No US clients 5. Non-mt4/mt5 trading platform 6. High fees for inactive accounts, with a 5% fee for inactivity within 30 days