Infinox Commission or Brokerage Charges – Review, Plans, FAQs & more
Last Updated Date: Nov 17, 2022Get to know all details about Infinox Commission or Brokerage Charges here. Infinox is a well-known UK-based Forex and CFD broker that has its headquarters in London.
Infinox was established in 2009 to offer retail traders the most advanced and one of the best trading services. With time, the broker has built up a solid reputation in the trading market.
Infinox has offices across every popular country like Thailand, Vietnam, Dubai, Australia, and Portugal but not the United States of America.
This London-based Forex broker is regulated and monitored by the UK Financial Conduct Authority(FCA).
The capital and the finances are regulated by the Securities Commission of the Bahamas, thus they provide client fund segregation and negative balance protection which is done to make the traders feel safe with their money.
The forex broker is also monitored by the Financial Sector Conduct Authority(FSCA) of South Africa and the Financial Services Commission(FSC) of Mauritius.
Infinox Commission or Brokerage Charges
Infinox spread charges and the commission charges start from 100k US dollars traded with respect charges starting from 0.04 pips.
The company does not charge any extra fees for deposits or withdrawals. The company at times may charge inactivity fees if your account is inactive for a certain amount of time.
When compared to the other trading companies, Infinox provides a low and incredible competitive spread charge which starts from 0.4 pips.
The commission amount is charged from 7.5 US dollars per standard lot using the ECN account.
The trading fees directly depend on the type of trading account the trader is choosing and this will also determine the spread list, leverage amount, minimum deposit required, and the commission charges.
The maximum leverage amount that the retail traders have to pay is 1:30 for the major forex pairs, 1:20 for the minor pairs, major indices, and gold, 1:10 for commodities, and 1:2 for the various cryptocurrency pairs.
More on Infinox Charges
The minimum deposit or the initial deposit amount that is required to open a trading account with Infinox is 100 pounds which is an average amount when compared to the other trading companies providing similar trading conditions.
Typical but charges on major currency pairs are 0.3 pips for EUR or USD, 0.5 pips for GBP or USD, and 0.8 pips for EUR or GBP. For various indices like FTSE 100, the typical spread is 100 points and for commodities spread at 22 for gold and 27 for silver.
Commission charges are also variable on equity CFDs and futures. The updated list of commission charges can be found on the official website but in general, the charges are 3.5 for futures and 0.10% for equity CFDs.
The traders should remember that some financial instruments can only be traded at a specific time during the day, especially when you are considering various time zones.
Some additional fees might be charged if you hold the position for too long.
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Types of Infinox Commission Plans
Types of Commission Plans | ||||
Account Type | Minimum Account | MT4 STP Account | MT4 ECN Account | CQG Account |
Initial Deposit | £100 | NA | Not Required | NA |
Spread | from 0.3 pips | Starts from 0.3 pips | From 0.4 pips | from 0.3 pips |
Commission | No Commission | No Commission | US Dollar 7.5 are charged per standard lot | No Commission |
Leverage | 1:300 | 1:300 | its 1:300 | 1:300 |
Like most of the other brokers, Infinox has developed various trading accounts for the various types.
All of these trading accounts have unique features which are different from one another and are for traders with various mindsets.
The trading accounts provided by Infinox are:
Minimum account:
The initial deposit or the minimum deposit amount is £100, the spread charges start from 0.3 pips, the company does not charge any commission for this type of trading account and the leverage amount is 1:300.
MT4 STP account:
There is no minimum deposit or initial deposit amount, the spread charges start from 0.3 pips, the company does not charge any commission for this type of trading account and the leverage amount is 1:300.
MT4 ECN Account:
There is no specific initial deposit amount or minimum deposit amount, the spread charges are about 0.4 pips, the commission is 7.5 US dollars per standard lot and the average amount is 1:300.
CQG Account:
There is no specific initial deposit or minimum deposit amount, the spread charges start from 0.3 pips, no commission is charged and the leverage is 1:300.
Infinox Account Opening Process
The account opening process is quite easy and the whole process can be completed in a couple of minutes. If you do not have an idea about the account opening process you must follow the steps that have been mentioned below
- First of all, you need to visit the official website of Infinox and click on open a trading account.
- After clicking on the tab and application form will open where you have to fill up all the necessary details and then click on submit. Here you will also have to select the trading account that you are opting for.
- After successful form submission, you will be redirected to the EKYC verification page.
- On this page, you have to verify your identity by sending a scanned copy of a government-authorized identity card.
- After the verification process, your trading account will open and the login credentials would be sent directly to your email address.
- You can now login into your trading account via the trading platforms or the mobile trading application.
- Remember to change the password after successfully logging in.
Infinox Payment or Withdrawal Methods
Transaction Options | |
Deposit Options | Credit Card, Cryptocurrencies, Neteller, PayPal, Skrill, Western Union, Wire Transfer |
Withdrawal Options | Credit Card, Cryptocurrencies, Neteller, PayPal, Skrill, Wire Transfer |
The broker provides various types of payment and withdrawal methods. Most of the payment methods are common and are available in most countries. If a certain method is not working you may contact the authorities at Infinox.
Deposit Method:
Credit Card, Cryptocurrencies, Neteller, PayPal, Skrill, Western Union, Wire Transfer
Withdrawal Methods:
Credit Card, Cryptocurrencies, Neteller, Skrill, Wire Transfer
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Infinox Investment Assets
Investment Assets | |
Currencies Trading | Yes |
Commodities Trading | Yes |
Indices Trading | Yes |
Stocks Trading | Yes |
Cryptocurrency Trading | Yes |
ETF’s Trading | Yes |
Bonds Trading | Yes |
FUTURES Trading | Yes |
OPTIONS Trading | Yes |
Supported Cryptocoins | N/A |
Total Tradable Assets | 250 |
Number Of Currency Pairs | 50 |
Number Of Cryptocurrencies | 5 |
Number Of Stocks | 143 |
Number Of Indices | 18 |
Number Of Commodities | 14 |
Number Of Futures | NA |
Number Of Options | NA |
Number Of Bonds | NA |
Number Of ETFs | NA |
The various types of assets in which the traders can trade in are:
The traders who have registered themselves with Infinox are allowed to trade in currency trading, commodity trading, indices trading, stock trading, cryptocurrency trading,
ETF trading, bond trading, FUTURES trading, and OPTIONs trading
The total number of treatable assets is 250, the number of currency pairs is 50, the number of cryptocurrency pairs is five, the common number of stocks is 143, the number of entices is 18 and the number of commodities in which you can trade is 14.
Infinox allows its traders to invest in various assets that include indices, forex, commodities, futures, and equities.
Some of the exclusive features of Infinix are:
MT4 Trading Platform
- 30 plus built-in technical indicators including multiple chart types
- Export advisors for automated trading
- You will receive real-time price quotes
- One-click trading service is available
- Historical data and order can be viewed
- 9-time frames
Infinox also provides other trading platforms that include WebTrader, CQG Desktop, MT5, and a well-equipped mobile trading application that is available both for Android and iOS users.
The broker has also developed a demo account that is available with their MT4 ECN and MT4 STP trading accounts. In this demo account, the traders are allowed to practice various trading strategies in risk-free conditions.
The demo account is valid for 30 days and the traders would be receiving a specific amount of virtual money for practicing trading.
Broker provides various trading account:
- The MT4 STP account is the one where the users only pay the spread charges on a trade
- The MT4 ECN account where the user has to pay lower spread charges but there is also a commission charge
- The CGQ desktop account allows the users to trade in futures.
Infinox customer support is available 24 by 5 and they may be contacted by email, telephone, online chat/live chat, or via the web-based contact which is available on the official website.
Some of the exclusives benefits that you get when trading with Infinox is:
- Strict regulation and monitoring of your funds
- Financial Services Compensation Scheme is available
- The social trading feature is offered by Zulu Trade
- Technical analysis is done via AutoChartist
- Multiple training platforms that include the MT4 trading platform is available
Infinox Commission – Conclusion
As one of the most experienced traders in the Forex and CFD space, Infinox has a wonderful reputation and has gained a lot of respect in the community of traders.
The company is reinforced by the FCA, SCB, and other regulatory borders like FSCA and FSC, thus the broker is completely trustworthy and there are no security issues.
With one of the most competitive spread charges and commission charges, Infinox is quite preferred by most traders.
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Infinox Charges or Fees – FAQs
Here is the list of FAQs related to the Infinox commission:
Does Infinox charge a commission?
Yes, the broker charges a specific commission for the various types of trading accounts.
For most of the trading accounts, no commission charges are charged by the broker but for the MT4 ECN Account, the commission charge is about 7.5 US dollars per standard lot.
How much does Infinox charge brokerage?
The brokerage charge also varies depending on the type of trading account that the user has selected.
Although that broker does not charge any extra amount for deposit or withdrawal the broker may charge some amount if you hold a position for more than a night.
What is the Minimum Deposit required in Infinox?
The minimum deposit amount or the initial deposit also varies on the type of trading account.
But the average minimum deposit amount to open a trading account with the company is £100.
How much leverage does Infinox provide?
The leverage amount also varies depending on the type of trading account that the user has selected. The average leverage charge is 1:300 for most of the assets.
How much is Spread at Infinox?
The spread charges are variable and depend on the type of user. For most of the trading accounts the spread charge is 0.3 pips but for the MT4 ECN account is 0.4 pips.
What type of Commission Plans are available in Infinox?
The types of commission plans available for the traders who have invested in Infinox are:
- Minimum account:
- MT4 STP account:
- MT4 ECN Account:
- CQG Account
Does Infinox provide Cryptocurrency for Investment?
Yes, the company allows the users to trade in cryptocurrencies along with other assets like forex, currency pairs, indices, and various other assets.
Is Infinox a legit Forex Broker?
Yes, Infinox is a legit broker and is regulated and monitored by the UK Financial Conduct Authority(FCA), Financial Sector Conduct Authority(FSCA) of South Africa, and the Financial Services Commission(FSC) of Mauritius.
Can I invest in Infinox for $5?
No, the minimum deposit of the initial deposit required to open a trading account with the company is £100. So for $5 you are not allowed to open a trading account.
Are there any hidden charges available with Infinox?
The company promises complete transparency and there are no hidden charges whenever you are trading with Infinox.
In the beginning, whenever you’re opening a trading account all the commission charges and various other charges would be relayed to the user.
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