INFINOX launches leveraged Crypto trading: 18 coins, copy trade, zero fees

Rick Steves

INFINOX is a regulated platform that boasts IX Social, an automated copy trading community app that allows users to copy proven crypto strategies. 

INFINOX has officially launched an end-to-end cryptocurrency trading solution on its platform, with instant and leveraged crypto trading, available 24/7, with zero deposit or withdrawal fees.

The provider of global trading solutions announced the crypto offering will be available across Latin America, the Middle East, Africa, and Southeast Asia, and will allow users to trade crypto CFDs seamlessly.

Crypto wave is here

Sam Chaney, Head of Sales at INFINOX, said: “The crypto wave is undeniably here. Yet from an industry perspective, there’s a lot to be done to make sure that crypto trading products are accessible globally and without exorbitant fees. This is what we’re committed to achieving. Through our expertise of more than 10 years as an FX & CFD broker, and our dedication to top-grade customer service, our newest crypto solution ensures that traders can gain access to this rapidly growing market, and trade crypto pairs of their choice.”

Through the INFINOX platform, traders can gain exposure to both bull runs and crashes. The cryptocurrency markets are known to have the most volatile tradable instruments around in the world as the new asset class is still consolidating its place within the financial industry.

The newly-launched service comes with no deposit or withdrawal fees and is available to retail and professional traders, who can buy and sell crypto instantly, take advantage of 24/7 crypto trading, and hedge risk through long and short positions.

INFINOX is a regulated platform that boasts IX Social, an automated copy trading community app that allows users to copy proven crypto strategies.

A total of 18 new cryptocurrencies have been rolled out on the INFINOX platform, including popular cryptos such as Bitcoin (BTC/USD) and Ethereum (ETH/USD), altcoins such as Cardano (ADA/USD), and meme coins such as Dogecoin (DOG/USD).

INFINOX released MetaTrader 5 to all users

The announcement follows the recent launch of the MetaTrader 5 platform to all of its clients in Southeast Asia, as well as in other regions of the globe.

The move was inspired by the post-pandemic reality as global markets re-adapt and online brokerages are suiting their offerings to the atmosphere and changing their conditions accordingly. The COVID-19 pandemic has accelerated the new era of retail trading and INFINOX is looking to cater to the new demographic by adding MetaTrader 5 (MT5) to its customers across the globe.

MT5 is the latest edition of the trading software provided by the renowned company MetaQuotes. The follow-up to MetaTrader 4 provides acccess to a versatile range of assets, including stocks, commodities, futures, forex, equities and more, as the industry goes multi asset.

The popular trading platform boasts 21 different timeframes, a built-in and frequently updated economic calendar, a mobile and tablet friendly interface, and 9 different order types, among other features. INFINOX users will be able to use MetaTrader 5 to gain exposure to all kinds of asset classes, including more than 150 different stocks.

The FX and CFD brokerage firm has recently announced the appointment of Alex Praill as its new Chief Operations Officer as the global trading period experiences a period of rapid expansion.

INFINOX has recorded an increase in trading volumes in 2021 of 25% in total from its operations in more than 15 countries.

Read this next

Retail FX

Spotware rolls out Manager’s API for cTrader brokers

Spotware Systems, a technology provider for the electronic trading industry, has released its new Manager’s API for Brokers, providing powerful tools for server-server integration.

Metaverse Gaming NFT

Dubai Museum taps Binance to jump onto NFT bandwagon

Dubai’s Museum of the Future, the $136 million UAE government-sponsored museum that opened a few weeks ago, is joining forces with Binance NFT to roll out a range of digital products on blockchain.

Digital Assets

Ripple and Lithuanian FINCI partner for XRP-based payments

Ripple is looking to expand its presence in Europe, forming a new partnership with Lithuanian electronic money institution FINCI.

Digital Assets

Crypto.com enables Shopify merchants to accept crypto payments

Crypto.com has integrated with Canadian e-commerce giant Shopify so global merchants can accept crypto payments and save on processing fees through cash-final settlements.

Institutional FX

FX volume drops 13pct at CLS Group in April 2022

FX settlement specialist CLS Group today reported that the executed volumes of currency trading on its platforms were notably down in April.

Crypto Insider, Opinion

Regulation: The Gold-Standard for Crypto-Assets

When the US supervisory authority SEC allowed an investment product referencing Bitcoin futures to be traded for the first time last October, this was widely perceived as a signal that cryptocurrencies had finally become established as an asset class.

Executive Moves

Solid hires FX industry veteran Darren Barker for multi-bank ECN’s business development

His curriculum vitae includes former roles at Cantor Fitzgerald, Sucden Financial, R.J. O’Brien, Jefferies, Natixis, Unicredit, J.P. Morgan, Raiffeisen, RBS International, UBS, Deutsche Bank, and Citi. 

Inside View

Mihails Safro, xpate CEO: Tips sellers need to know to overcome compliance obstacles

The unprecedented growth of e-commerce changed shopping dramatically last year. Many sellers suddenly faced a rapidly growing number of customers who had to stay home during the lockdown. When some clients adopted Netflix and Spotify as part of a daily routine, others ventured into online business. Robinhood alone saw a whopping 6 million rise in user numbers in 2 months. 

Institutional FX

BMLL delivers Level 3 data to Kepler Cheuvreux for order book analytics and algo performance

The solution covers more than 6.5 years of harmonised historical data from 65 venues and combines it with easy to use APIs and analytics libraries in a secure cloud environment. 

<