INFINITY BROKERS Forex Broker

Infinity Brokers Forex Broker - Complete Information Guide

1. Overview of the Broker

Infinity Brokers, officially known as Infinity Business Brokers Ltd, was established in 2023. The company is headquartered in 92a Bury Old Road, Whitefield, Manchester, England, M45 6TQ. This broker operates as a private entity and primarily targets retail clients looking to engage in trading various financial instruments. Infinity Brokers presents itself as a UK-based trading platform, but a closer examination raises significant concerns about its legitimacy.

The firm claims to offer a wide array of trading services, including forex, commodities, cryptocurrencies, and indices. However, it lacks a solid history or established milestones that would typically indicate a reputable trading firm. The absence of a regulatory framework and the company's unverified claims about its operations are considerable red flags for potential investors.

Infinity Brokers operates under a business model that focuses on retail forex trading, making it accessible for individual traders. However, the lack of transparency in its operations and the absence of oversight from recognized regulatory authorities pose risks to its clients.

2. Regulatory and Compliance Information

Infinity Brokers operates without any valid regulatory oversight, which is a significant concern for potential investors. The company claims to be regulated in the United Kingdom, but it does not appear in the registers of reputable authorities like the Financial Conduct Authority (FCA). Furthermore, it has received warnings from the German Federal Financial Supervisory Authority (BaFin) for engaging in unauthorized operations.

• Regulatory Status: Unregulated
• License Numbers: None available
• Regulatory Licenses Validity: Not applicable
• Legal Entities in Different Regions: Infinity Brokers does not have verified legal entities in any recognized jurisdiction.
• Client Fund Segregation Policy: There is no information indicating that client funds are held in segregated accounts.
• Investor Compensation Fund Participation: Infinity Brokers does not participate in any investor compensation schemes.
• KYC and AML Compliance Measures: There is insufficient information regarding the implementation of Know Your Customer (KYC) and Anti-Money Laundering (AML) policies.

Given these factors, it is crucial to approach any dealings with Infinity Brokers with caution, as the lack of regulatory oversight severely limits the protection available for investors.

3. Trading Products and Services

Infinity Brokers claims to offer a diverse range of trading products, including:

• Forex Currency Pairs: The exact number of currency pairs is unspecified, but it is implied that major pairs are available.
• CFD Products: The broker offers trading in indices, commodities, and cryptocurrencies, but specific details about the available instruments are lacking.
• Unique Trading Offerings: No special products or unique trading opportunities have been highlighted by the broker.
• Product Update Frequency: There is no clear information on how frequently new products are introduced or existing products are updated.
• Retail Trading Services: Infinity Brokers focuses primarily on retail trading services.
• Institutional Client Services: There is no indication that Infinity Brokers provides services tailored to institutional clients.
• White Label Solutions: No information is available regarding the offering of white label solutions.
• Asset Management Services: Infinity Brokers does not appear to offer asset management services.

While the broker claims to provide a variety of trading options, the lack of transparency and detail raises concerns about the actual offerings available to clients.

4. Trading Platform and Technology

Infinity Brokers does not provide adequate information regarding the trading platforms it supports. However, it claims to offer a proprietary web trading platform with various features, including:

• MetaTrader 4/5 Support: There is no indication that Infinity Brokers supports MetaTrader 4 or MetaTrader 5, which are industry-standard platforms.
• Proprietary Platform Details: Information about the features and functionality of its proprietary platform is not disclosed.
• Web-Based Trading Platform: A web-based trading platform is mentioned, but specifics about its capabilities are lacking.
• Mobile Application: The availability of a mobile application for iOS and Android is not confirmed.
• Execution Model: The execution model (ECN, STP, Market Making) is not specified, raising concerns about the transparency of trade execution.
• Server Locations and Technical Infrastructure: No details are provided regarding the server locations or the technical infrastructure supporting the trading platform.
• API Access and Automated Trading Support: There is no information regarding the availability of API access or support for automated trading strategies.

The vague descriptions of the trading platform and the absence of widely recognized platforms such as MetaTrader 4 or 5 are significant drawbacks for traders seeking reliable trading environments.

5. Account Types and Trading Conditions

Infinity Brokers offers several account types, but the details are not clearly defined. Based on available information, the following account types are mentioned:

• Standard Account Conditions: The minimum deposit requirement is €5,000, with unspecified spreads and commissions.
• Advanced Account Types: Higher-tier accounts are available, but specific conditions are not disclosed.
• Special Accounts: There is no mention of Islamic accounts or corporate accounts.
• Demo Account Policy: Information regarding the availability of demo accounts is not provided.
• Leverage Ratios: The broker offers leverage up to 1:800, which is significantly higher than the limits imposed by many regulatory jurisdictions.
• Minimum Trade Size: Specifics about the minimum trade size are not disclosed.
• Overnight Fees Policy: There is no information on overnight fees or how they are calculated.

The high minimum deposit requirement and the lack of clarity regarding trading conditions make it challenging for potential clients to assess the viability of trading with Infinity Brokers.

6. Fund Management

Infinity Brokers provides limited information regarding its fund management policies, which raises concerns about the security and accessibility of client funds. Key points include:

• Supported Deposit Methods: The broker appears to accept deposits primarily through cryptocurrency, specifically USDT (Tether), but traditional payment methods are not specified.
• Minimum Deposit Requirements: The minimum deposit requirement is €5,000, which is significantly higher than industry standards.
• Deposit Processing Time: Deposits are reportedly processed within 24 hours.
• Deposit Fees: There is no information available regarding deposit fees.
• Withdrawal Methods and Limits: Withdrawal procedures are not clearly outlined, leading to potential complications for clients attempting to access their funds.
• Withdrawal Processing Time: The processing time for withdrawals is also reported as 24 hours, but this may vary based on the method used.
• Withdrawal Fee Structure: Details regarding withdrawal fees are not provided.

The lack of transparency in fund management practices and the high minimum deposit requirement are significant concerns for potential investors.

7. Customer Support and Educational Resources

Infinity Brokers claims to offer customer support, but specific details are limited. The following points summarize the available support options:

• Support Channels: Clients can reach out via email, but there is no mention of phone support or live chat options.
• Service Hours and Time Zone Coverage: The operating hours and time zone coverage are not specified.
• Multilingual Support: There is no information on the languages supported by the customer service team.
• Types of Educational Resources: The broker does not provide clear information about educational materials, such as webinars or tutorials.
• Market Analysis Services: There is no mention of daily analysis, news updates, or research reports available to clients.
• Trading Tools: Specific trading tools, such as calculators or signal services, are not highlighted.

The limited customer support options and lack of educational resources may hinder traders, especially those who are new to the industry.

8. Regional Coverage and Restrictions

Infinity Brokers claims to operate in various markets, but specific details regarding its regional coverage are unclear. Key points include:

• Primary Service Markets: The broker appears to target clients primarily in the UK and Europe.
• Regional Office Distribution: There is no information available on the distribution of regional offices.
• Countries/Regions Excluded from Service: Specific countries or regions that are not serviced by Infinity Brokers are not disclosed.
• Special Restrictions: The broker's lack of regulation may lead to restrictions in certain jurisdictions, particularly where regulatory authorities prohibit unlicensed operations.

Given the absence of clear information regarding regional coverage and restrictions, potential clients should exercise caution before engaging with Infinity Brokers.

In conclusion, while Infinity Brokers presents itself as a trading platform offering a variety of financial instruments, the lack of regulatory oversight, transparency, and clear operational details raises significant concerns. Potential investors are advised to conduct thorough research and consider the risks associated with engaging with unregulated brokers.