Infinitrade 2025 Review: Everything You Need to Know
Infinitrade has garnered a considerable amount of attention in the trading community, but not all of it is positive. This review synthesizes various sources to provide a comprehensive overview of Infinitrade, highlighting both user experiences and expert opinions. Key findings indicate that while the trading platform offers a wide range of assets, its lack of regulation and high minimum deposit requirements raise significant concerns.
Note: Its important to acknowledge that Infinitrade operates through different entities across various jurisdictions, which complicates its regulatory standing. Therefore, this review aims for fairness and accuracy by considering multiple perspectives.
Ratings Overview
How We Rated the Broker: Ratings are based on a comprehensive analysis of user reviews and expert evaluations from various sources.
Broker Overview
Founded in 2018, Infinitrade is an offshore broker operating under A&E Products Ltd., registered in the Marshall Islands. The platform offers a web-based trading interface, but notably does not support popular platforms like MetaTrader 4. Infinitrade provides access to a variety of assets, including forex, CFDs, and cryptocurrencies. However, it operates without regulation from recognized authorities, raising significant red flags for potential investors.
Detailed Section
Regulatory Status: Infinitrade is not regulated by any major financial authority, which is a major concern for traders. This lack of oversight allows the broker to operate without stringent compliance measures, potentially putting client funds at risk. Notably, warnings have been issued by regulatory bodies such as the FCA and ASIC against doing business with Infinitrade.
Deposit and Withdrawal Options: The minimum deposit required to open an account with Infinitrade is reported to be $250. However, many reviews suggest that higher-tier accounts require deposits ranging from $2,500 to $500,000, which is significantly above industry standards. Withdrawal processes appear to be problematic, with numerous user complaints about denied requests and lengthy processing times.
Bonuses and Promotions: Infinitrade offers bonuses that require traders to meet high trading volume requirements—up to 40,000 times the bonus amount—before they can withdraw any profits. This practice is seen as a tactic to keep traders funds locked in, as many users have expressed frustration over the difficulty of meeting these conditions.
Asset Classes: The broker provides access to a wide range of trading instruments, including over 40 forex pairs, commodities, indices, and cryptocurrencies. However, the spreads are reported to be relatively high, starting around 3 pips for major pairs, which may deter cost-conscious traders.
Costs: Infinitrades fee structure includes withdrawal fees that vary depending on the method, with credit card withdrawals incurring a 5% fee. Additionally, inactivity fees are charged after just 30 days, which is a concern for traders who may not be active all the time.
Leverage: The broker offers high leverage options, reportedly up to 1:400, which can be appealing to experienced traders looking to maximize their positions. However, such high leverage also increases the risk of significant losses, especially for inexperienced traders.
Trading Platforms: Infinitrade does not support widely-used platforms like MetaTrader 4, instead opting for a proprietary web-based platform that lacks many standard features. This could be a disadvantage for traders accustomed to the advanced functionalities of established trading software.
Restricted Regions: Infinitrade does not accept clients from the United States, which is a common practice among unregulated brokers. This limitation further complicates its credibility.
Customer Service Languages: Customer support is limited to English, with no live chat option available. Users have reported difficulties in reaching support, with many expressing dissatisfaction with the responsiveness of the service.
Repeated Ratings Overview
Detailed Breakdown
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Account Conditions: The high minimum deposit requirement of $250 and potential for much higher amounts for better account types make it less accessible for new traders. Many reviews suggest that these conditions could be a tactic to deter withdrawals.
Tools and Resources: While the platform offers a decent range of trading instruments, the lack of advanced trading tools and the absence of a mobile app limit the overall trading experience.
Customer Service and Support: Users have reported challenges in reaching customer support, with many complaints about unresponsive service. The lack of live chat is a significant drawback.
Trading Experience: The proprietary trading platform is user-friendly but lacks the advanced features and tools found in popular platforms like MetaTrader 4, which may frustrate experienced traders.
Trustworthiness: Infinitrades lack of regulation and numerous complaints about withdrawal issues significantly diminish its trustworthiness. Many users have labeled it as a potential scam.
User Experience: Overall user experience is marred by the high minimum deposit requirements, poor customer service, and a lack of transparency regarding fees and withdrawal processes.
In conclusion, this Infinitrade review highlights significant concerns regarding the broker's regulatory status, high deposit requirements, and customer service issues. Potential traders are advised to exercise caution and consider regulated alternatives that offer a safer trading environment.
