InfinMarkets Review

MIN. DEPOSIT $1,000
Up to 400:1
No BONUS
0 Users (0 votes)
Odds0
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Overview

Company Information Infin Markets is one of the relatively new names in the Forex trading starting. The company started its operations in 2011 and launched their online services in 2012…. more

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Details

BrokerInfinMarkets
Website URLhttp://www.infinmarkets.com/
Founded2011
HeadquartersLimassol, Cyprus
Support Number+357 25 335 828
Support Emailinfo@infinmarkets.com
Support TypesPhone, Live Chat, E-mail
LanguagesEnglish, Russian, Portuguese, Spanish, Arabic, Turkish, Vietnamese, Chinese, Japanese, Cantonese
Minimum 1st Deposit$1,000
Minimum Trade Amount0.01 lots
BonusNo
PayoutUp to 400:1
Free Demo AccountYes
Regulated Yes
RegulationCyprus Securities and Exchange Commission (CySEC)
Account TypesStandard, Beginner, Micro
Deposit MethodsSkrill, Neteller, Wire Transfer, Internal Transfer
Withdrawal MethodsSkrill, Neteller, Wire Transfer, Internal Transfer
Types of AssetsForex, Metals, Stocks CFDs
Account CurrencyUSD, EUR, GBP, JPY
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes

Full Review

Company Information

Infin Markets is one of the relatively new names in the Forex trading starting. The company started its operations in 2011 and launched their online services in 2012. The company’s headquarters are located in Limassol, Cyprus. It operates under the authority of CySEC (Cyprus Securities and Exchange Commission). There are a lot of Forex trading brokers that originate from Cyprus, but this one stands out with its excellent trading condition and outstanding customer support. It’s one of the few websites that offers such language support. There are a lot of trading instruments available, and the account options will suit the needs of a beginner or an expert trader. With no restrictions to hold you back in your trading adventure, Infin Markets offers the best features and trading flexibility. This is the perfect platform for beginner traders to test their skills (because of the low deposit requirements). Let’s see what this fantastic online trading broker can offer.

 

Trading Information

When you enter the website, you’ll see two account options you can choose. The first one is the Beginner. It needs a tiny deposit of just $1 to make an account and a minimum position size of 0,001 lots. Spread type is fixed, and USD/EUR pair is set to 2.0 pips. We mentioned that there were no restrictions established by Infin Markets, so scalping and hedging is allowed. The number of currency pairs you have at your disposal is 30. Trailing stop order and pending orders are supported. The leverage is set to 1:400. Next is the Standard account. The minimum deposit here is $200, and minimum position size is 0.1 lots. Spreads are the same, but the leverage is set to 1:200. Also, you have the option of overnight interest rates (swaps). The stop-out level is 10%. As you can clearly see, this broker offers the same conditions for people who deposit $200 or $10 000. This is a fresh approach to Forex trading where you don’t have to deposit enormous amounts of money just to have better trading conditions.

 

Trading Platforms

There is no big surprise here, about Infin Markets choosing the most popular Metatrader 4 platform. It has been tested throughout the years and is very well-known to traders from around the world. Despite the outdated graphics, it’s highly customizable and easy to understand. The main disadvantage of the platform is that it almost always needs a download (rarely there are web versions of it). It works on desktops and mobile and is suitable for both Apple and Android devices. The second platform that Infin Markets offer is the NetTradeX. It supports Forex and CFD’s trading and is highly functional with a user-friendly interface. It’s also available on most mobile and desktop devices, but it still needs a download and installation to use it. Both platforms offer great trading experience (especially NetTradeX where you don’t need to create multiple accounts to trade with Forex and CFD’s simultaneously). The only big miss here is the lack of a WebTrader platform for users who don’t have the opportunity to download and install additional software on their device.

 

Security and Customer Services

Being a licensed Forex trading broker already promises a safe trading experience to the clients. The SSL encryption protocol ensures that all personal data is shared only with the company’s representatives. The website is translated into over ten languages, and there is customer support available for almost all of them. The client support team works 24/5 every week and makes your trading experience hassle free. To contact them you can use their phone number, email, Skype or Live Chat feature. Response times are fast, and you can get you answers in under an hour. The website has very helpful educational materials for people who want to learn about trading with currencies, CFD’s, etc. There are an economic calendar, market review and technical analysis that you can use daily. A Demo Account is available for people who would like to test the platforms first, before depositing any funds.

 

Deposits and Withdraws

Depositing money into your Infin Markets accounts is made easy with plenty of money transfer methods available. The general credit and debit card options are there with digital wallets also available. Deposits are usually instant for most methods, but sometimes they might take from 3-5 business days. There are no deposit fees whatsoever, but your bank might charge you an additional fee for the transfer. Deposit limits vary depending on the chosen method but are usually up to $10 000. Withdrawing funds are also accessible, and there is a very helpful page on the site which explains exactly how the process is done. You just open a withdrawal request and choose the methods you want to use to transfer the money, Processing times are different, but they rarely go up to 7 business days. The minimum withdrawal amount is $1. There are no mentioned fees for withdrawals on their website, but there might be some for frequent withdrawals.

 

Deposit Bonus and Loyalty Programs

Usually, Forex trading brokers with under five years of history on the market offer very tempting bonuses for new and loyal clients. But, this is not the case with Infin Markets. There are no loyalty programs or bonuses offered at the moment. However, there is a Referral program that you can take advantage from right away. Using this program and referring your friends to the platform will give you additional monthly payment of commissions.

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