IFX Brokers vs. Infinox

IFX Brokers vs. Infinox

We spent many hours thoroughly examining the best-in-class Forex brokers for 2022. Here, we take a closer look at IFX Brokers vs. Infinox.

Which offers better pricing – IFX Brokers or Infinox?

Both IFX Brokers and Infinox offer a similar pricing model, with spreads that average around 0.2 pips for the EUR/USD currency pair. Infinox offers an ECN trading environment, and both brokers charge commissions which are competitive.

Which broker offers more security when trading Forex and CFDs?

Both Infinox and IFX Brokers are regulated in South Africa by the Financial Sector Conduct Authority (FSCA), which is the main regulator of the financial markets in the country. As such, traders in South Africa can expect a high level of deposit and trading security from both of these brokers.

Infinox is a globally operational Forex broker that is also regulated in several jurisdictions by such reputable organisations as the FCA, SEB and FSC.

Which broker offers the superior trading platform?

Both IFX Brokers and Infinox offer the full MetaTrader suite from MetaQuotes, consisting of MetaTrader 4 and MetaTrader 5. As such, these are considered the best trading platforms in the business, with a wealth of trading tools, analytical features, fast execution and access to a wide range of asset classes.

Do these brokers both offer MetaTrader?

Yes, both IFX Brokers and Infinox or MetaTrader brokers that provide traders with access to MT4 and MT5.

How many Forex pairs can I expect from these brokers?

IFX Brokers provides access to 60 currency pairs, while Infinox provides decidedly fewer options with only 34 currency pairs.

Is it safe to trade with IFX Brokers?

Yes, IFX Brokers is a regulated Forex broker based in South Africa which is fully licensed by the FSCA. As such, the Financial Sector Conduct Authority (FSCA) is in charge of regulating the country’s various financial institutions.

The Financial Sector Conduct Authority’s (FSCA) mission is to improve and maintain the efficiency and integrity of financial markets, as well as to safeguard investors by fostering equitable treatment and delivering education on a variety of topics pertaining to finance.

Is it safe to trade with Infinox?

Yes, Infinox is regulated in South Africa by the FSCA and provides South African traders with high deposit security and sound regulatory safety. Infinox is also regulated in other global jurisdictions by organisations such as the FCA and the SEB.

Who is IFX Brokers?

IFX Brokers is well-known in the foreign exchange industry for being a reliable and trustworthy broker.

IFX Brokers is a client-focused, forward-thinking online trading broker that offers new solutions to customers. Despite the fact that it services customers in several African countries, the company’s administrative headquarters are in South Africa.

Users can do this thanks to the MetaTrader 4 and MetaTrader 5 platforms, which offer online trading of over 200 instruments across six asset classes.

The Financial Sector Conduct Authority regulates IFX Brokers, and all customer funds are held in accounts that are completely separate from business funds.

Protection against negative balances is one example of additional preventative measures that can be made accessible to clients so that businesses can fulfil their obligation to keep their customers’ money safe.

Customers interacting with IFX Brokers can open one of six different types of accounts. Account types include Standard Accounts, Premium Accounts, VIP Accounts, Islamic Accounts, and Swap-Free Accounts.

The standard account is the most fundamental type of account. The next level of service is Premium Accounts. Cent plus demo accounts are also accessible.

When a trader registers with IFX Brokers, he or she gains instant access to both MetaTrader trading platforms.

IFX Brokers traders can expect spreads of 0.5 to 1.6 pips, as well as commission-free trading on the majority of account types.

This is a major advantage. The IFX VIP account, on the other hand, has a commission cost of six dollars each trade on average.

Who is Infinox?

Infinox was founded in 2009 with the goal of providing a client-focused trading platform, and it has grown steadily since then.

Infinox is a forex and CFD broker based in the United Kingdom that is licensed by the Financial Conduct Authority (FCA), the Financial Sector Conduct Authority (FSCA), and the Financial Services Commission (FCS).

This also implies that the broker is supervised by the European Securities and Markets Authority (ESMA) and is thus subject to all ESMA rules and regulations.

Infinox provides trading solutions and focuses on cutting-edge trading technology, with each client treated equally as a distinct trader rather than an account member alone.

With the company’s continued expansion and success, they currently operate offices in seven countries, including the United Kingdom, Nigeria, South Africa, Egypt, Thailand, Vietnam, and Portugal.

Infinox dramatically boosted real-time data visibility, along with quick deposits and withdrawals, because clear pricing and execution are constantly at the forefront of the business.

Infinox offers additional coverage of up to £500,000 per client under FCA, providing market-leading deposit protection. At the same time, INFINOX provides $1,000,000 USD in insurance under SCB.

The insurance coverage went into effect on May 1, 2020, and will last through April 30, 2022. Up to USD $1,000,000 per Claimant, subject to and in line with the Policy’s restrictions and terms and conditions.

Infinox has two basic account kinds as well as individual, joint, or corporate selection, all of which are designed for performance and allow limitless use of EAs and APIs while differing by platform and execution model.

You have the option of using IX Social, MT4 & MT5 STP (Straight Through Processing), or MT4 & MT5 ECN (Electronic Communications Network).

All accounts include variable leverage and prices that are quoted directly from Tier 1 global financial institutions.

One of the key differences between instant execution and traditional execution is that a broker does not reject a client’s request in the event of a price change, but instead fills the order at the current price.

Spreads on the benchmark EUR/USD begin at 0.3 pips. There may be additional expenses because broker fees vary and change. Before opening a brokerage account, make sure you read and understand all of the newest information on the official INFINOX website.

Due to the execution type and software you select, the differences in trading may provide a slightly different performance.