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.