INFINOX launches one-stop destination for traders, IX One
“We’re confident that with the combination of the IX One platform and two of our award winning offerings – trade execution & customer service – we’ll be able to provide clients with a compelling trading experience.”
INFINOX has announced the launch of IX One, a unified “one-stop destination” for traders whose features include integrated client area, custom dashboards, and self-analysis, available for both web and mobile.
IX One is an all-in-one multi-asset trading platform designed as a user-friendly and fully-customizable platform packed with essential tools and analysis for traders of any experience.
“End-to-end destination for the complete trading experience”
“Unified” because the new platform provides users with a single go-to destination for all their trading needs. Key features include:
- Integrated client area for faster deposits and withdrawals
- Multiple charting options with more than 120 technical indicators
- Live and pre-market video insights from multi-lingual analysts
- Self-analyse your trading history and performance
- Customer support in 15+ languages
- Users can also access tools such as EA trading, one-click and in-chart trading.
The platform also comes with over 40 widgets that traders can use to create their own personal trader dashboard, including an Economic calendar, Pip calculator, Currency heat map, Market sentiment, and Future events scanner.
Available to traders on both mobile and web platforms, the platform allows traders to gain exposure to FX, indices, crypto, equities, and more. IX One integrates a number of INFINOX products, including IX Social copy trading.
Adam Saward, Executive Manager at INFINOX, said: “Clients are always looking for more from their broker, and we’re extremely proud of INFINOX’s ability to recognise this demand and meet it from both a technology and a service point of view. With IX One, we’ve achieved an end-to-end destination for the complete trading experience. The platform packs in trading execution with cutting-edge tools and functionalities, so that traders never have to leave the platform – everything they need is on IX One. We’re confident that with the combination of the IX One platform and two of our award winning offerings – trade execution & customer service – we’ll be able to provide clients with a compelling trading experience. It’s an exciting next step for INFINOX, and we’re looking forward to building on this progress throughout the year.”
INFINOX experienced strong growth in revenues, profits, and customer accounts
In late December 2022, the London-headquartered brokerage reported its final year-end results for the period ending March 31, 2022, pointing to continued momentum heading and a strong year-over-year jump in key measures, which included revenues, profits, and client growth.
For the twelve months through March, INFINOX reported its revenues at £17.08 million ($20.8 million), which reflected a sizable jump of 104 percent year-over-year from £8.37 million ($10.19 million) in the year prior. Gross profit was also a large mover in 2022, climbing to £8.55 million ($10.4 million) from just £6.6 million, or 30 percent on a year-over-year basis.
In terms of its bottom line metrics, INFINOX said its operations yielded £1.06 million ($1.3 million) in net profit, up from £228k in 2021.
Furthermore, INFINOX also saw its steady gains in client acquisitions throughout 2022. The total value of its client assets under management increased by 65% compared to prior year, now at £14 million. This growth came in spite of a litany of challenging trading conditions and turmoil in its core markets.
The full-year results corroborated a trend that already been in place for the duration of FY 2022 – the introduction of its IXO Prime brand paid off for the entirety of the fiscal year, pushing revenues to new highs. The multi-asset liquidity solution is backed by a global trading infrastructure, and offers over 300 trading instruments. Additionally, clients can access more benefits such as IXO Position Keeper, technology, white label offerings and more.
