InfiniTrade is a unregulated Forex & Crypto broker, that opened in October 2017.
InfiniTrade is currently owned and operated by: A&E Products Ltd, (Company number: 205392183), located at: 10 Hadjut sider ap 18, Sofia City R.A, Sofia 1309 Bulgaria. Contact phone number in United Kingdom is: +442038076223, and their customer support email address is: [email protected]. The official website is at: https://infinitrade.com.
For complaints and withdrawal problems, read this.
InfiniTrade Broker Review
Investors at InfiniTrade are given access to a unique CFD Forex trading platform called TraderSoft. Sadly, you will not be able to use the standard MT4 trading platform because that is not available. If you are looking for a mobile trading app, you will not find one with this company.
A wide variety of underlying assets is available for trading including; Major and Minor Forex pairs, Commodities, Market Indexes, Cannabis Stocks and Crypto Currency CFDs. As a CFD broker, you will notice that the spreads are very wide. For example, BTCUSD is available at 10:1 margin, and a spread of $75 with BTC priced at $10,300. Compare licensed brokers.
Bonus money is available for up to 100% of your initial deposit. It is very important to read the terms before accepting a bonus, or you will end up back here reading about trader complaints.
Automated Trading Robots
If you found this broker because of an automated trading robot like Bitcoin Code, make sure to do your research!
Most automated trading robots are outright scams, and they lose money, read more.
Is InfiniTrade a Legit Broker?
No, InfiniTrade does not have a license, and they are not regulated. On May 7th 2020, the FCA warned investors not to use this company, read more.
This broker has gone through many different owners. They were first owned by; First Strategy Ltd, Marshall Islands, and also by; Sofia Global Group Ltd, Sofia, Bulgaria. You can find a local licensed and regulated broker listed here.
The proper way to research if a broker is a scam or legitimate financial institution, is by checking their regulatory status. Every country has their own regulator of brokers, and you should only use a broker that is licensed locally in your country, see here. For withdrawal problems and complaints read more.
Compare Licensed Brokers
Investors looking for a good Forex broker have hundreds of choices when it comes to available brokers. Experienced traders usually have multiple trading accounts at different brokers, which they use depending on the spread and trading conditions.
If you are currently investing with InfiniTrade, we ask you to share their experience using this broker with other readers, in the comments section below.