Broker Review

Overview

Infiflo is an online trading platform that claims to offer access to various financial instruments, including forex, commodities, cryptocurrencies, indices, and stocks. The platform presents itself as an ECN (Electronic Communication Network) broker, promoting features such as ultra-low spreads, fast execution speeds, and high leverage options.

Regulatory Concerns

Infiflo is not authorized or registered by the UK Financial Conduct Authority (FCA). The FCA has issued a warning stating that Infiflo may be providing financial services or products without proper authorization. This means that users dealing with Infiflo do not have access to the Financial Ombudsman Service or the Financial Services Compensation Scheme, which could leave them without recourse if issues arise.

Trading Conditions

Infiflo offers several account types:

• Standard Account: No swap, no commissions, spreads from 0.2 pips, leverage up to 1:1000, minimum deposit of $100.

• ECN Account: Raw spreads from 0.0 pips, $3 commission per lot, leverage up to 1:500, minimum deposit of $500.

• Cent Account: No commissions, spreads from 0.3 pips, leverage up to 1:1000, minimum deposit of $20.

While these conditions may appear attractive, they are not indicative of a regulated or secure trading environment.

User Feedback and Reputation

Independent review platforms have flagged Infiflo as a potential scam. The company’s website claims to offer various trading tools and features, but there is limited independent verification of these claims. The lack of regulatory oversight and transparency raises concerns about the platform’s legitimacy and the safety of client funds.

Key Takeaways

• Lack of Regulation: Infiflo is not authorized by the FCA, indicating it operates without proper regulatory oversight.

• Potential Scam: Reports and reviews suggest that Infiflo may be a high-risk platform, with some users labeling it a scam.

• Limited Recourse: Without regulatory authorization, users have limited options for recourse if they encounter issues with the platform.

Conclusion

Given the lack of regulatory authorization and the concerns raised by independent reviews, potential investors are strongly advised to exercise caution when considering engagement with Infiflo. It is recommended to seek alternative platforms that are properly regulated and have a transparent operational history to ensure greater security and recourse in case of issues.