Infinity ECN 2025 Review: Everything You Need to Know
Infinity ECN, a relatively new player in the forex brokerage arena, has generated mixed reviews from traders and analysts alike. Established in 2020 and headquartered in Kuwait, Infinity ECN offers a range of trading instruments, including forex, commodities, cryptocurrencies, and indices. However, the broker's unregulated status raises significant concerns regarding the safety and reliability of its services. Notably, while Infinity ECN promotes its offerings as competitive, user experiences often highlight issues such as withdrawal difficulties and inadequate customer support.
Note: The information presented in this review reflects a comprehensive analysis of various sources and user experiences. It is important to consider that the broker operates across different regions, which may affect its regulatory status and service quality.
Ratings Overview
We rate brokers based on user feedback, expert opinions, and the overall trading environment they provide.
Broker Overview
Infinity ECN is an online broker that has been operational since 2020. It primarily targets traders looking for access to financial markets with an emphasis on forex trading. The broker provides the MetaTrader 5 (MT5) platform, which is widely recognized for its advanced trading capabilities, including algorithmic trading and a variety of analytical tools. The available trading instruments include forex pairs, commodities, cryptocurrencies, and indices. However, one of the most concerning aspects of Infinity ECN is its lack of regulation, which is a critical factor for many traders when selecting a broker.
Regulatory Status
Infinity ECN operates without regulation from any recognized financial authority, which raises red flags for potential investors. The absence of regulatory oversight means that traders may not have adequate protection for their funds, and there are no assurances regarding the brokers operational transparency.
Deposit and Withdrawal Options
Traders can deposit and withdraw funds using several methods, including bank transfers and credit cards (Visa, MasterCard, and American Express). The minimum deposit required to open an account is $250, which aligns with industry standards. However, numerous user reviews indicate significant difficulties in processing withdrawals, with reports of delayed transactions and unresponsive customer service.
Account Types
Infinity ECN offers three types of trading accounts: Silver, Gold, and Diamond. The Silver account requires a minimum deposit of $250, while the Gold account requires $5,000, and the Diamond account starts at $20,000. Each account type offers varying spreads and commissions, with the lowest spreads starting at 0.7 pips for the Diamond account.
Costs and Fees
Infinity ECNs trading costs vary by account type. For the Silver account, the commission is $70 per $1 million traded, with spreads starting at 1.8 pips. The Gold account has a commission of $50 per $1 million and spreads from 1.3 pips, while the Diamond account offers a commission of $30 per $1 million with spreads from 0.7 pips. The maximum leverage offered is 1:400, which is significantly higher than what many regulatory bodies recommend, increasing the risk for inexperienced traders.
Infinity ECN provides access to the MetaTrader 5 platform, which is known for its robust features, including advanced charting tools and automated trading capabilities. However, it is worth noting that the broker does not offer the widely popular MetaTrader 4 platform, which may deter some traders accustomed to MT4's interface.
Restricted Regions
While Infinity ECN markets itself as a global broker, it does not accept clients from certain jurisdictions, including the USA. This limitation is common among brokers operating without regulation, as they seek to avoid legal complications.
Customer Support
Customer support is available 24/5 through live chat, telephone, and email. However, user reviews frequently cite poor customer service experiences, with many traders reporting unresponsive support and difficulties in resolving issues.
Repeated Ratings Overview
Detailed Breakdown
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Account Conditions (5/10): Infinity ECN offers three account types with varying minimum deposits and trading conditions. However, the unregulated status and withdrawal issues significantly affect the overall rating for account conditions.
Tools and Resources (6/10): The availability of the MT5 platform is a plus, as it provides advanced trading tools. However, the lack of educational resources or market analysis tools limits its appeal to novice traders.
Customer Service (4/10): Despite offering multiple support channels, user feedback indicates a consistent pattern of unresponsive service, which is a critical drawback for any trading platform.
Trading Setup (5/10): The trading conditions, including spreads and commissions, are competitive, particularly for higher-tier accounts. However, the high leverage allowed poses risks that many traders may not be prepared to handle.
Trustworthiness (3/10): The lack of regulation is a significant concern, leading to a low trust rating. User complaints about withdrawal issues further exacerbate this concern.
User Experience (4/10): Overall user experiences are mixed, with some traders reporting smooth trading experiences, while others highlight serious issues with withdrawals and customer service.
In conclusion, while Infinity ECN presents itself as a viable trading option with competitive features, the significant drawbacks related to its unregulated status and poor customer service should be carefully considered by potential traders. As always, it is advisable to conduct thorough research and consider more reputable brokers with solid regulatory oversight before committing any funds.
