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INFINMARKETS

INFINMARKETS
About company:

Founded in 2011 in Cyprus, Infin Markets offers forex and CFD trading services on two cutting edge terminals: Meta Trader 4 and NetTradeX.

 

Company. Fund security

The broker is part of the IFCM Group, which has been involved in the development and implementation of new effective projects in the field of financial technologies for over 10 years. The group also includes IFCMARKETS, registered in the British Virgin Islands; CORP., Which operates the IFC Markets brand and software development company NetTradeX Corp.

 

The Infin Markets brand is owned by Infin Markets Limited, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC).

 

The Cyprus Financial Observer applies certain rules and requirements to the license holders and ensures that they are respected. For example, customer funds must be held in segregated accounts.

 

In addition, the commission requires Forex brokers to hold at least € 730,000 in net tangible assets as proof of good financial standing.

 

As an additional guarantee of customer funds, all companies controlled by CySEC are members of the investor compensation program. If the company becomes insolvent or stops trading, the Fund can pay compensation to customers in the amount of up to 20,000 euros per person.

 

As Cyprus is an EU member state, Infin Markets and other CySEC licensed companies are also eligible to provide cross-border services in the EU under MiFID.

 

Trading conditions

Infin Markets offers its clients 2 types of accounts with the same fixed spreads on two platforms. Micro lots are available for trading exclusively on demo accounts for beginners where no initial deposit is required.

 

In addition, this brokerage company provides Islamic SWAP accounts that comply with Sharia law.

 

To work in the company, you need to deposit a minimum of $ 1,000. While most brokers offer between $ 200 and $ 500.

 

Trading conditions largely depend on the platform on which the trading is conducted. So, trading from the NetTradeX terminal, clients have access to Standard, Beginner, Demo accounts, from MT4 terminal - Standard, Micro, Demo. What is important, from the first platform you can trade only in USD, from the second the following currencies are available: USD, EUR, GBP, JPY.

 

Telephone dealing is available from all accounts on both platforms.

 

Clients can take advantage of analytical materials that include an economic calendar, Forex review, technical analysis.

 

Spreads and commissions

Like most fixed spread brokers, Infin Markets provides interest-free trading. The spread for the EUR / USD pair is 1.8 pips, which is a good price. The average fixed spread for this pair in the Forex industry is 2.0 pips.

 

Leverage

The maximum leverage level offered by Infin Markets is 1: 400. This is not the highest offer in the industry, however, such an offer is considered far from small.

 

However, many Cypriot brokers offer even higher leverage rates, for example up to 1: 1000. You can also view the list of brokers in our rating that provide leverage up to 1: 1000.

 

Trading platforms

As we already mentioned, Infin Markets supports two trading platforms: the standard MetaTrader 4 (MT4) and also NetTradeX.

 

NetTradeX is a trading terminal developed by NetTradeX Corp. It is available for Windows desktop devices, as well as iOS, Android and Windows Mobile devices.

 

NetTradeX has the following main features:

 

interface with workspace management capabilities; a set of orders, including a trailing stop; a wide range of technical indicators; experts and custom indicators in NTL + language. Therefore, users familiar with the programming languages C, C ++, MQL4, Java, JavaScript will be able to create robots and indicators on their own.

 

In addition to NetTradeX, Infin Markets also uses the popular MetaTrader 4 (MT4). MT4 is preferred by most experienced traders because it is equipped with an advanced charting suite, many technical indicators, EAs and testing capabilities.

 

Support service

The contact information contains the phone number, e-mail addresses, which are divided into general questions, back office, customer support, dealing, partnership. In addition, multilingual support is available. The site provides email addresses for traders who speak Arabic, Spanish, Portuguese, Russian, Japanese, Vietnamese, Chinese, Turkish.

 

Ways of payment

Infin Markets supports a limited range of payment methods: bank transfer, internal transfer and Skrill.

 

Pros:

 

regulated broker; industry average spreads; two trading platforms: MetaTrader4, NetTradeX.

 

Minuses:

 

high minimum deposit; only fixed spreads are offered; limited payment methods.

 

 

INFINMARKETS is a brokerage company whose task is to provide intermediary services to traders. Brokers provide access to currency trading in the first place. Many of them also provide an opportunity to transact with company stocks, bonds, commodities, precious metals, indices, cryptocurrencies and other assets. A private person can make transactions with all these instruments only on the trading platform, which the broker provides access to.

In addition, thanks to the brokerage company, an individual can operate on the market with amounts that significantly exceed the size of their own funds. This is called providing leverage. For example, having a deposit of 1,000 USD with a 1: 400 leverage, a trader can make deals for 400,000 USD.

The broker also opens access to analytics, auxiliary tools, and trading signals. Modern trading is impossible without all this.

What is the benefit of a broker?  

 

The broker INFINMARKETS makes profit from traders' transactions, as a rule, in two main ways.

The first is the most common. Using spreads. This word refers to the difference between the best prices for buying and selling a particular asset at a particular moment. Moreover, in a transaction between a trader and a broker, the price is one, and between a broker and users of the Forex market - another. The mediator takes the difference for himself.

The second way is easier to understand. This is the collection of a commission for each transaction performed. Most often it has a standard value, but it can be measured as a percentage.

Thus, the brokerage company is interested in attracting as many clients as possible and for them to conduct active trading.

 

Ways to cheat customers  

 

We have found out how honest brokers should work and how they work. Now let's look at how scammers operate, they are also called the kitchen.

The most common way to cheat is to tweak quotes. The broker provides the trader with quotes that differ from the real market ones. Data substitution occurs in order to make operations unprofitable. The deposit is reduced, and then completely zeroed out. At the same time, the trader thinks that his operations were carried out in the market, but in fact - only on the site of scammers.

Bonuses are traps. They are generously distributed for anything: for registration, account replenishment, etc. Only after that, in order for the client to withdraw his own money, mixed with bonus money, it will be necessary to fulfill a number of virtually impossible conditions. For example, conduct trading operations for an amount tens of times greater than the size of the deposit.

In the User Agreement, a clause can also be disguised that allows the broker to manage the client's money. Inattention when reading such an agreement most often turns into a complete loss of the deposit.

 

Where are brokerage companies registered?

 

One of the key points is the place of registration and regulation of the company's activities.

Let's talk about registration first. As a rule, brokers from either their own country or from an economically developed country, for example, a member of the European Union, are more credible to traders. Of course, compliance with UK legislation is reassuring, and compliance with the legislation of an unknown island in the Indian Ocean does not mean anything to most.

However, most brokerage companies are registered offshore. And it's not only about small offices, but also about world leaders. Saint Vincent and the Grenadines, Belize, Marshall Islands, Mauritius are offshore zones popular among brokers. By registering there, companies pay significantly less taxes than in the place of actual location, which is sometimes carefully hidden.

If a trader has any claims against such a company, then it is likely that he will have to deal with it in accordance with the legislation of that very conditional Belize. It is possible to be physically present there at the court sessions. And this is extremely expensive and difficult.

But is it worth running like fire from just the word "offshore"? As an answer, we will give the names of companies that are not related to brokerage, but with an impeccable reputation and also save on taxes through offshore registration: Apple, Pfizer, Microsoft, General Electric, Intel.

And here we come to the second important point - this is the regulation of the broker's activities. First of all, it is carried out at the level of the state where the company is registered. Each country has its own regulatory body for brokerage activities. So, in Russia it is the Central Bank of the Russian Federation. A trader can find permissive documentation on the websites of such bodies. But there are also supranational structures. For example, the International Financial Commission (The Financial Commission), which is an independent self-regulatory organization,   considering disputes between its members - brokers and their clients.

If the broker's website does not contain information about the regulation of its activities, then these are almost certainly scammers. Or the site contains information about a certain license issued to him, but this information is not confirmed anywhere else. Most likely, these are also scammers.

 

What else to pay attention to?

 

When choosing a brokerage company, study its history. Check out the links to her experts. If one of the leading TV channels in economic news for 5 years in a row refers to the opinion of the analyst of the broker in question, this is good. If a broker claims to have been working for 15 years, but there is no information about him on the Internet at all, this is bad.

It's important to pay attention to company reviews. And read them not only on the website of the broker itself. In the kitchen, they will probably only be laudatory. It is best to browse as many sites as possible.

Pay attention exclusively to the specifics in the offers on the brokers' websites. Honest companies openly write about interest, spread size, minimum deposit, etc. Fraudsters lure with loud, streamlined phrases about a rich tomorrow, stable income, misleading with incomprehensible terms about multi-sites, super functions, and so on.

Find out the company's connection with well-known brands, financial institutions, public organizations. For example, it can be sponsored. Large brokers sometimes hold social promotions. Fraudsters will definitely not do this.

Thus, the process of choosing a broker is complex. But if you approach it carefully, it will allow you to enter the world of trading, which has made millions of people rich all over the world.

FAQ - broker questions

  • 1. Do the trader reviews impact on a rating of INFINMARKETS ?

    Any feedback can raise or lower the rating company. To read reviews, go into the rating and select your broker.

  • 2. How to leave a comment about INFINMARKETS on the website 4ex.review ?

    In order to leave a review about the broker, go down page, enter a valid email and Your review with an overall score. Reviews are moderated and tracked by the number of comments from the same IP or email. Tech support may request the actual documents that prove that the user was or is a customer of the broker. This rule applies to negative and positive reviews. We want our portal to be honest and independent.

  • 3. Can we assume the broker INFINMARKETS decent?

    Before any trade and choosing a broker You must always read reviews on this site and on other sites. Brokers who are honest, have a rating of above 3.8. Also there is always the risk of loss when trading CFDs. Be careful and read the disclosure on the website of the broker. INFINMARKETS received a score of 1 of 5 on our resource.

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