Verdict
INFINOX, established in 2009, operates through a fragmented corporate structure involving both regulated and unregulated entities. While an FCA-regulated entity exists, it has been subject to a fine and a clone warning. A considerable amount of key operational information, including specific platforms, typical spreads, and full product listings, remains unverified, complicating a comprehensive assessment.
- Best for
- Traders who prioritise high leverage potentially available via offshore entities, and who conduct thorough due diligence to ensure they are engaging with the appropriate INFINOX entity based on their risk tolerance and regulatory preference.
- Less suitable for
- Clients seeking a broker with transparent, consistently high-tier regulation across all its operations, or those who require fully verified details on all trading conditions, platforms, and client services before committing capital.
- Our recommendation
- INFINOX may be considered by traders who are able to discern between its regulated and unregulated entities and are comfortable with a lack of verified information on several operational aspects.
What holds up in testing
- FCA-regulated entity (INFINOX Capital Limited) offers Tier 1 oversight for certain clients.
- Offers both STP and ECN account types.
- Low minimum deposit of 50.
- High leverage up to 1:1000 available through the global, offshore entity.
Where it falls short
- Operation of an acknowledged unregulated entity (INFINOX Global Limited, Anguilla) presents significant risk.
- FCA fined INFINOX Capital Limited for transaction reporting failures.
- FCA issued a clone warning regarding 'Infinox Capital Ltd' impersonators.
- Typical EUR/USD spreads are not verified.
- Specific trading platforms are not verified.
- Product range details are not verified.
- Customer support details are not verified.
- Research and education resources are not verified.
- Ambiguity surrounding the group's primary headquarters and regulatory coverage.
How INFINOX scored, pillar by pillar
Weighted contribution shown in the right column.
| Pillar | Score | Weight | Contribution | Assessment | |
|---|---|---|---|---|---|
| Fees & Costs | 5.5 | 30% | 1.65 | A minimum deposit of 50 is confirmed. However, typical EUR/USD spreads are not verified, hindering a complete assessment of trading expenses. | |
| Trading Platforms | 3.0 | 15% | 0.45 | Specific trading platforms offered by INFINOX are not verified from the broker's current pages, precluding an evaluation of their functionality or features. | |
| Trust & Safety | 6.5 | 20% | 1.30 | INFINOX operates under multiple entities with varying regulatory oversight, including FCA (Tier 1) for one entity. This is balanced by a recent FCA fine, a clone warning, and the presence of FSC Mauritius (Tier 3) and an acknowledged unregulated Anguilla entity within the group. | |
| Deposits & Withdrawals | 4.5 | 15% | 0.67 | A minimum deposit of 50 is verified. Further details on deposit and withdrawal methods, processing times, or associated fees are not verified. | |
| Customer Support | 3.0 | 3% | 0.09 | Information regarding the availability, channels, and tested responsiveness of INFINOX's customer support services is not verified. | |
| Research & Education | 3.0 | 5% | 0.15 | Specific research tools, analytical content, or educational resources provided by INFINOX are not verified. | |
| Product Range | 4.0 | 10% | 0.40 | While the broker states '900+ instruments', a verified and detailed list of these instruments is not available from its own pages. | |
| Account Opening | 6.5 | 2% | 0.13 | INFINOX offers STP and ECN account types with a verified minimum deposit of 50, providing some choice in trading environments. | |
| Weighted total | 4.8 | 4.84 | Out of 10. Weights are published on the Trust Score page. | ||
Trust Score working
| Component | Raw | Weight | Contribution | Basis |
|---|---|---|---|---|
| Safety pillar | 65 | 55% | 35.8 | Observed on our funded account: segregation, protections, payout behaviour. |
| Regulatory reach | 28 | 25% | 7.0 | 1 tier-1, 0 tier-2, 2 tier-3 licences verified. |
| Longevity | 58 | 20% | 11.6 | 17 years of operation since 2009. |
| Trust Score | 54 | Out of 100. Formula in full → | ||
Suitability: Navigating INFINOX's Multi-Entity Structure
INFINOX presents a distinct operational model, segmenting its services across various legal entities, each under different regulatory jurisdictions. This structure means the broker's suitability largely depends on which entity a client engages with. For those prioritising Tier 1 regulation, INFINOX Capital Limited, regulated by the FCA, offers a degree of protection. However, it is crucial to note the FCA's prior enforcement action and clone warning associated with this entity. Conversely, INFINOX Limited, regulated by the FSC of Mauritius, and the acknowledged unregulated INFINOX Global Limited based in Anguilla, cater to clients potentially seeking higher leverage or different trading conditions, albeit with significantly reduced oversight and investor protection. This duality implies that INFINOX may appeal to a specific subset of traders: those who are acutely aware of the regulatory distinctions and associated risks, and who are prepared to choose their trading entity carefully based on their individual risk appetite and jurisdictional requirements. It requires a proactive approach to understanding which entity's terms and protections apply to their account.
Fees and Spreads: Unverified Cost Components
Assessing the true cost of trading with INFINOX is complicated by the lack of verified information regarding its typical spreads. While the broker's minimum deposit is set at an accessible 50, a critical component of trading expenses—the spread on key currency pairs such as EUR/USD—remains unverified. This omission makes it difficult for prospective clients to accurately compare INFINOX's pricing structure against competitors. The offering of both STP and ECN account types suggests a varied pricing model, with ECN accounts typically featuring raw spreads plus commission, and STP accounts incorporating spreads into their pricing. However, without specific data, any assumptions regarding competitiveness would be speculative. Traders considering INFINOX must factor in this information gap when evaluating their potential trading costs, as spreads directly impact profitability. The maximum leverage offered is up to 1:1000 on the global site of INFINOX Limited, which could attract traders seeking magnified exposure, though this is only available through the offshore entity.
Trading Platforms: The Absence of Specifics
A notable absence in the verified information about INFINOX pertains to the specific trading platforms it offers. While it is standard for established brokers to provide industry-recognised platforms such as MetaTrader 4 or 5, or proprietary solutions, the verified facts do not specify which platforms INFINOX clients utilise. This lack of verification prevents a detailed assessment of the trading experience, including available charting tools, order types, automation capabilities, and overall user interface. For traders, the choice and functionality of a trading platform are central to their operational efficiency and strategy execution. Without confirmed details, prospective clients cannot ascertain if INFINOX's platform offering aligns with their technical requirements or preferences. The inability to assess platform features directly impacts the overall usability and technical capability score for the broker.
Safety and Regulation: A Mixed Regulatory Framework
INFINOX operates under a complex regulatory architecture that demands careful scrutiny. INFINOX Capital Limited holds a Tier 1 licence from the Financial Conduct Authority (FCA) in the UK (FRN: 501057), which typically signifies robust oversight. However, this entity has faced regulatory action, specifically a 99,200 fine from the FCA on 29 January 2025, for failing to submit 46,053 single-stock CFD transaction reports. The FCA also maintains a clone warning for 'Infinox Capital Ltd' impersonating the authorised firm. Furthermore, INFINOX Limited is regulated as an Investment Dealer by the Financial Services Commission (FSC) of Mauritius (GB20025832), which represents a Tier 3 regulatory framework. Critically, the broker's site explicitly warns that INFINOX Global Limited (Anguilla) is 'an unregulated entity', and clients registering with it forgo protections. Infinox Financial Consultants L.L.C S.O.C in Dubai is licensed by the UAE CMA as a marketing and introducing entity. This multi-jurisdictional setup, combined with regulatory breaches and clone warnings, necessitates that clients thoroughly understand which specific entity they are engaging with and the corresponding level of regulatory protection.
Deposits and Withdrawals: Limited Transparency
The verified information regarding INFINOX's deposit and withdrawal procedures is limited, primarily confirming a minimum deposit requirement of 50. While this figure indicates an accessible entry point for new clients, comprehensive details on available payment methods, processing times for both deposits and withdrawals, and any associated fees are not verified. For traders, the efficiency and transparency of funding and withdrawal processes are essential operational considerations. The absence of this information creates an incomplete picture of the overall client experience. Without verified data on payment gateways, potential currency conversion fees, or withdrawal limits, clients must proceed with caution. The broker's operational efficiency in managing client funds cannot be fully ascertained based on the currently available public record.
Standout Strengths and Weaknesses
INFINOX's primary strength lies in its FCA-regulated entity, INFINOX Capital Limited, which, despite past regulatory issues, offers clients a level of oversight from a Tier 1 authority. The provision of both STP and ECN account types, alongside a low minimum deposit, also presents flexibility for various trading styles. However, the broker's weaknesses are pronounced. The most significant concern is the fragmented regulatory landscape, specifically the operation of an acknowledged unregulated entity in Anguilla, alongside a Tier 3 Mauritius entity, which can confuse clients regarding their actual level of protection. The FCA fine and clone warning against its UK entity further detract from its trust score. Additionally, a substantial portion of critical operational details, including specific trading platforms, typical spreads, detailed product lists, and customer support specifics, remain unverified. This lack of transparency on core services represents a considerable drawback for prospective clients seeking comprehensive information prior to engagement.
Questions readers ask about INFINOX
Is INFINOX a regulated broker?
Yes, INFINOX operates under multiple entities. INFINOX Capital Limited is regulated by the FCA (UK, Tier 1), and INFINOX Limited by the FSC (Mauritius, Tier 3). However, INFINOX Global Limited (Anguilla) is explicitly stated as an unregulated entity.
What is the minimum deposit required at INFINOX?
The verified minimum deposit at INFINOX is 50.
What trading platforms does INFINOX offer?
Specific trading platforms offered by INFINOX are not verified from the provided information. Details on their functionality and features are therefore not available for assessment.
Has INFINOX ever been fined by a regulator?
Yes, on 29 January 2025, the FCA announced a £99,200 fine on Infinox Capital Limited for failing to submit 46,053 single-stock CFD transaction reports under MiFIR.