Infinity Forex Broker

Infinity Forex Broker - Complete Information Guide

1. Broker Overview

　　Infinity Brokers, established in 2023, is a trading platform that claims to operate from the United Kingdom. The company is registered under the name Infinity Business Brokers Ltd and aims to provide a wide range of trading services to retail and institutional clients. Despite its claims of being UK-based, the legitimacy of its operations has come under scrutiny due to the absence of regulatory oversight.

　　Infinity Brokers primarily targets individual traders looking to engage in forex, commodities, indices, and cryptocurrency trading. The platform positions itself as a comprehensive trading solution, offering various financial instruments and services to its clients. The company has faced numerous allegations of deceptive practices and has been flagged by several financial regulators, raising concerns about its operational integrity.

　　The business model of Infinity Brokers is centered around retail forex trading, with an emphasis on attracting new clients through aggressive marketing strategies. However, the lack of transparency regarding its regulatory status and the numerous negative reviews from former clients suggest a troubling operational history. Overall, Infinity Brokers appears to be a relatively new entrant in the trading industry, with its future trajectory uncertain due to the ongoing scrutiny it faces.

2. Regulatory and Compliance Information

　　Infinity Brokers operates without any recognized regulatory oversight, which poses significant risks to potential investors. Despite claims of being registered in the UK, the company is not listed with reputable regulatory bodies such as the Financial Conduct Authority (FCA). This absence of regulation raises serious concerns regarding the safety of client funds and the overall legitimacy of the broker.

　　There are no known regulatory numbers associated with Infinity Brokers, and the company has not provided any information regarding the validity of its licenses. The lack of clear regulatory oversight means that clients have no recourse for disputes or issues related to their trading activities.

　　Moreover, Infinity Brokers does not implement effective client fund segregation policies, which is a standard practice among regulated brokers to protect client funds in the event of insolvency. The absence of an investor compensation scheme further exacerbates the risks associated with trading on this platform.

　　Infinity Brokers claims to adhere to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations; however, the lack of regulatory verification raises doubts about the effectiveness of these measures. Without proper oversight, compliance with these standards cannot be guaranteed, leaving clients vulnerable to potential fraud and financial loss.

3. Trading Products and Services

　　Infinity Brokers offers a variety of trading products, including:

• Forex Currency Pairs: The platform provides access to a selection of forex pairs, though the exact number is not specified. Major pairs such as EUR/USD and GBP/USD are typically available.
• CFD Products: Clients can trade Contracts for Difference (CFDs) across various asset classes, including:
• Indices: Such as the ASX 200 and CAC 40.
• Commodities: Including gold and platinum.
• Cryptocurrencies: Major cryptocurrencies like Bitcoin (BTC) and Dash (DASH) are available for trading.

　　The platform claims to frequently update its product offerings, although specific details on new additions have not been disclosed. Retail trading services are a primary focus, catering to individual traders looking for diverse trading options.

　　Infinity Brokers does not appear to offer institutional client services or white-label solutions, which limits its appeal to professional traders or firms seeking comprehensive trading solutions. Additionally, asset management services are not mentioned, indicating a lack of support for clients looking for managed investment options.

4. Trading Platform and Technology

　　Infinity Brokers utilizes a proprietary web-based trading platform, which is designed to accommodate various trading styles and preferences. While specific details about the platform's features are limited, it is reported to include over 90 indicators, multi-chart capabilities, and analytical tools to assist traders in making informed decisions.

　　The broker does not support popular trading platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5), which are widely used and recognized in the trading community. This lack of compatibility may deter potential clients who prefer these established platforms.

　　Mobile trading applications are not available, which restricts traders from accessing their accounts on the go. The execution model employed by Infinity Brokers remains unclear, with no specific mention of whether it operates as an ECN (Electronic Communication Network), STP (Straight Through Processing), or Market Maker.

　　The server infrastructure details are not disclosed, raising concerns about the reliability and speed of trade execution. Additionally, there is no information regarding API access or support for automated trading, which are essential features for many active traders.

5. Account Types and Trading Conditions

　　Infinity Brokers offers several account types with varying conditions. The minimum deposit requirement is notably high, starting at €5,000, which is significantly above the industry average. The available account types include:

• Basic Account: Minimum deposit of €5,000.
• Bronze Account: Minimum deposit of €10,000.
• Silver Account: Minimum deposit of €25,000.
• Gold Account: Minimum deposit of €75,000.
• Platinum Account: Minimum deposit of €150,000.
• Diamond Account: Minimum deposit of €300,000.
• VIP Account: Minimum deposit of €500,000.

　　The spreads for trading can reach as high as 4.3 pips for basic accounts, which is considerably higher than the industry average. Additionally, the leverage offered by Infinity Brokers is up to 1:800, significantly exceeding the maximum limits imposed by European regulators.

　　The minimum trade size and overnight fees are not clearly outlined, which could lead to confusion for potential clients. The lack of transparency regarding these trading conditions is a concern for traders looking for clarity and reliability in their trading experience.

6. Fund Management

　　Infinity Brokers supports various deposit methods, including bank transfers, credit cards, and electronic wallets. However, specific details about the minimum deposit requirements for different account types are not clearly defined.

　　The processing time for deposits is reported to be 24 hours, but there are no details on any associated fees. Clients should be aware that withdrawal procedures are vague, with no specified withdrawal methods or limitations provided.

　　Withdrawal processing times are also unclear, which could lead to potential delays in accessing funds. The lack of transparency regarding withdrawal fees and conditions raises significant concerns for clients looking to manage their investments effectively.

7. Customer Support and Educational Resources

　　Infinity Brokers offers customer support through various channels, including email and online chat. However, specific details about the availability of support services, including hours of operation and time zone coverage, are not provided.

　　The platform does not explicitly mention multi-language support, which could be a barrier for non-English speaking clients. Educational resources appear to be limited, with no clear offerings of webinars, tutorials, or eBooks to assist traders in enhancing their skills.

　　Market analysis services, such as daily analysis and research reports, are not mentioned, which may hinder clients' ability to make informed trading decisions. Additionally, the availability of trading tools like calculators and signal services is unclear, potentially limiting the resources available to clients.

8. Regional Coverage and Restrictions

　　Infinity Brokers claims to serve clients primarily in Europe, with a focus on markets in the United Kingdom, Germany, Poland, and Italy. However, the specific distribution of regional offices is not disclosed.

　　The broker does not accept clients from certain jurisdictions, although the exact countries or regions are not specified. Potential clients should be aware of these restrictions and verify their eligibility before attempting to open an account.

　　In summary, while Infinity Brokers presents itself as a trading platform offering a variety of financial products and services, the lack of regulatory oversight, transparency, and clear operational practices raises significant concerns. Potential investors should exercise caution and conduct thorough research before engaging with this broker.