On-line since: About the company: Founded in Cyprus in 2011, Infin Markets offers currencies and various CFDs for trading through two advanced platforms: MetaTrader 4 and NetTradeX. Company. Security of funds The broker is a part of IFCM Group, which has been taking part in development and introduction of new effective projects in the sphere of financial technologies for more than 10 years. The group also includes IFCMARKETS, registered in the British Virgin Islands, and CORP., which is managed by the IFC Markets brand and software development company NetTradeX Corp. The Infin Markets brand belongs to Infin Markets Limited, authorized and regulated by the Security and Exchange Commission of Cyprus (CySEC). The Cypriot financial observer applies certain rules and requirements for license holders and ensures that they are followed. For example, clients' funds should be kept in segregated accounts. Besides, forex brokers are required to hold not less than €730,000 of net tangible assets to prove their healthy financial position. As an additional guarantee of the customers' funds safety, all the companies controlled by CySEC are members of the compensation program. If the company goes bankrupt or stops trading, the fund can compensate customers up to 20,000 euros per person. As Cyprus is a member state of the European Union, Infin Markets and other companies licensed by CySEC are also allowed to provide cross-border services in the EU in accordance with MiFID. Trading terms Infin Markets offers its clients two account types with similar fixed spreads on two platforms. Micro lots are available for trading only on demo accounts for beginners, where there is no need for deposit. In addition, this brokerage company provides Islamic swap accounts that comply with the Sharia law. The minimum deposit for trading with the company is $1,000, while most brokers require from 200 to 500 US dollars. Trading terms largely depend on the platform, on which trading is carried out. So, trading through the NetTradeX terminal, customers are provided with Standard, Beginner, Demo accounts; through the MT4 terminal, with Standard, Micro, and Demo. Importantly, through the first platform, it is allowed to trade only in USD; trading through the second platform, the following currencies are available: USD, EUR, GBP, and JPY. Phone dealing is available for all accounts through both platforms. Clients can use analytical materials, which include economic calendar, Forex reviews, and technical analysis. Spreads and commissions Like most brokers with fixed spread, Infin Markets supports an interest-free trade. Spread for EUR/USD is 1.8 points, which is a good price. An average fixed spread for this pair in the forex market is 2.0 pips. Leverage The maximum leverage provided by Infin Markets is 1:400. It is not the highest offer in the industry; however, such a proposal is far from being small. Nevertheless, most Cypriot brokers offer even higher leverage, for example, up to 1:1,000. You can check a list of brokers with a leverage of up to 1:1,000 in our rating. Trading platforms As we have already mentioned, Infin Markets supports two trading platforms: standard MetaTrader 4 (MT4) and NetTradeX. NetTradeX has been developed by NetTradeX Corp. It is available for desktop devices with Windows operating system, as well as for mobile devices with iOS, Android and Windows Mobile. NetTradeX has the following main functions:
In addition to NetTradeX, Infin Markets also use the popular MetaTrader4 (MT4). Most experienced traders prefer MT4 because it is equipped with an advanced set of charts, various technical indicators, expert advisors, and testing opportunity. Support services The contact information includes phone number and email addresses classified into general questions, back office, customer support, dealing, and partnership. In addition, support is available in different languages. The website lists emails for traders who speak Arabic, Spanish, Portuguese, Russian, Japanese, Vietnamese, Chinese, and Turkish. Payment options Infin Markets supports a limited range of payment methods: bank wire, internal transfers and Skrill. Advantages:
Disadvantages:
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Infin Markets is a bogus broker. Their platform is not special and their spreads could be biased even in a normal market. I can hardly reach their client support team. It takes a lot of time and effort to talk with their client support team. I would not recommend Infin Markets.
I didn't have any problem to withdraw this profit through Skrill. I think Infin Markets broker is a professional broker, which can be trusted for investment. They had materials from which I learned a lot. Eventually, I was able to trade comfortably and now I was even able to withdraw the profits I made. The transaction is really smooth and I have no regrets that I chose this broker.
Infin Market is the worst broker ever I have traded. I am moving on another broker. I had execution issues with this broker, they refunded once a very little amount but when it happened again with much bigger amount they refused to pay. Apart from that, however, I am not so happy with other things about this broker so I do not give them 1 -star rating.
A year ago, I opened an account at Infin Markets. I was able to start with only $100 and have gradually added more funds after a few months. Now, I am earning quite well and I was able to withdraw $500 a few weeks ago.
Infin Markets is a trusted broker. They are well regulated broker, so I don't need to worry about putting my money with them. I'm so enjoying my trade with them. They provide excellent services, including their NetTradeX platform. The platform NetTradeX is working great using advanced technology, and I can trade using my smartphone. So far, I never encounter significant trouble during my trading. Their support team is always available to help me when I have a trading problem. So satisfied to trade with Infin Markets.
I've traded on the Infin Market's MT4 Platform with a mini account but their price quote isn't live as the real market. Also, their spread isn't fixed and execution delay, as I got big slippage and requote. I can't establish my scalping strategy with them. Finally, I've lost $122 and leave them after withdrawal my $242 balance. while they proceed it within 5 days through Skrill. So I have wired trading experience with Infin Market broke so far.
I started trading at Infin Markets six months ago and so far, my trading experience is really great. The trading platform is very easy to use and the tools are really helpful. The spreads are also low which makes me feel at ease. Most importantly, the deposit and withdrawal of funds are processed efficiently.
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