Infinox offers a free and advanced demo trading account in a zero-risk trading environment. The demo account can be converted into a real live account. The demo account has a trust score of 90%.
Infinox at a glance
|💬 Broker’s name||Infinox|
|🏛️ Headquarters||London, United Kingdom|
|📅 Year founded||2009|
|⚖️ Regulating authorities||FCA, FSC, SEB, FSCA|
|🗺️ Countries not accepted for trade||US|
|📒 Demo account||Yes|
|☪️ Islamic account (swap-free)||No|
|✴️ Institutional accounts||Yes|
|👨🏼💼 Managed accounts||Yes|
|🔣 Maximum leverage||1:400|
|💰 Minimum deposit||£1|
|➕ Deposit options||Astropay, Credit Card, Dusupay, Finrax, Mifinity, Neteller, Ozow, Perfect Money, Skrill, SticPay, Swiffy, Pay, ZotaPay, Bank transfer|
|➖ Withdrawal options||Astropay, Credit Card, Dusupay, Finrax, Mifinity, Neteller, Ozow, Perfect Money, Skrill, SticPay, Swiffy, Pay, ZotaPay, Bank transfer|
|📊 Platform(s) provided||MT4, MT5, IX Social, CGQ desktop|
|📶 OS compatibility||Desktop, smartphones|
|🛍️ Tradable assets offered||FX, Indices, Metals, Oil, Equities|
|💬 Languages supported on the website||English, Italian, Portuguese, Chinese, Arabic|
|💬 Customer support languages||English, Italian, Portuguese, Chinese, Arabic|
|⏲️ Customer service hours||24/5|
The Demo account interface is ideal for traders who want to learn to trade without incurring any trading risks or losses.
Minimum Deposit £1 Regulators FCA, FSC, SEB, FSCA MetaTrader 4 MetaTrader 5 Yes 49+ Islamic Account Yes Trading Fees Low 24 Hours
FCA, FSC, SEB, FSCA
Infinox demo account – 5 key points quick overview:
Infinox demo account Pros and Cons
|✔️ Pros||❌ Cons|
|Demo account sign up fully digital||None noted|
|Sign up is quick and hassle-free|
|MT4 and MT5 are user-friendly, reliable trading platform to use with the demo account|
How to set up an Infinox Demo Account – Step by Step
To register for, and set up a demo account with Infinox, traders can follow these 6 simple steps:
- Step 1 – Navigate to the Infinox website and click on the ‘Open a demo account’ banner.
- Step 2 – The trader will be redirected to a new page with an online application form where they will need to provide their title, First and Last name, email address, cellphone number, country of residence, account type, and account currency.
- Step 3 – In addition to this, on the same page, traders will need to create their own password which will be used to log in to their Client Portal.
- Step 4 – As soon as the trader applies, they will be redirected to a ‘Welcome’ page which will provide them with additional information on downloading their trading platform (MetaTrader 4 is used for demo accounts).
- Step 5 – In addition to this, the page will provide the trader with their account number, the password that they had chosen, and the email address they entered.
- Step 6 – From here traders can follow the link to download MetaTrader 4 where traders can access their Infinox demo account to start practicing trading.
Trading can be a very intimidating task for beginners without prior knowledge, skill, or experience in trading and through the provision of demo accounts, brokers provide a comprehensive and risk-free environment for beginner traders.
A demo account is often referred to as a practice account due to it provides traders with the ability and freedom to explore the broker’s offering without running the risk of incurring losses through the provision of virtual money with which to practice trading.
Beginner traders can use demo accounts to familiarize themselves with a live trading environment, where they can build up their trading skills by actively participating in trades and develop their own trading strategies.
Demo accounts are not merely intended only for beginners, but it provides more advanced traders with the opportunity to explore what Infinox has to offer.
Infinox Demo Account Features
The Infinox demo account features will depend on the trading platform that the trader uses, in this case, MetaTrader 4, in conjunction with the demo account.
In other words, the demo account features can be accessed through the trading platform and will depend on Infinox’s offering with regards to asset classes, financial instruments, spreads, leverage, and so on.
To gain access to the demo account, the trader has to download the trading platform to either of the following:
- Desktop – MS Windows, Linux, or Mac OS
- Mobile – Android smartphone or tablet, iOS iPhone, or iPad
Should the trader wish to use the Web Trader for either trading platform, access will be provided from the download page for each trading platform, respectively.
As soon as the trader has downloaded their trading platform, they can use the login details provided on the account verification page to log into the trading platform and they will have access to their Infinox demo account.
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Frequently asked questions
What is the difference between a demo and a live trading account?
A demo account provides the trader with a practice account that can be used to practice trading in a risk-free environment.
Demo accounts are often suited for beginners who need to build up experience with trading as well as advanced traders who would like to test their trading strategies and explore the offering of a broker before registering a live account.
Does Infinox offer a demo account?
Can I convert my demo account to a live trading account with Infinox?
Yes. All that you have to do is complete additional information along with providing proof of ID and proof of residence. This can easily be done from the Client Portal/Secure Area.
Which live trading accounts does Infinox offer?
- IXO Account
- MT4 STP Account
- MT4 ECN Account
- CQG Account (only for professional traders who meet the necessary criteria)
What are the available deposit currencies for a live trading account?
The specific deposit currencies are not indicated, but it is safe to assume that major currencies such as USD, AUD, GBP, EUR, JPY, among others are accepted.