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Infinity Space Review – is it scam or safe?

Infinity Space Review  – Is infinity-space.com scam or good forex broker?

RATING: 2 / 0 REVIEWS Infinity Space
Infinity Space is an offshore broker. Your money is not safe.

RECOMMENDED FOREX BROKERS


 Trading accounts and conditions

 

Account type Minimum deposit Minimum trade size Maximum leverage Average spreads
Standard $10 1 lot 1:1000 1 pip

 

 

Infinity Space has just one type of live trading account, with the rather high leverage of 1:1000. the broker also has a demo account with $1000 virtual balance.

 

The broker offers trading in forex pair – major, plus some minor and exotics, CFDs on oil and gold and Bitcoin. There is also the option to trade in binary options.

 

 

The Company. Security of Funds

 

Company Country Regulation
 Infinity Space Inc. British Virgin Islands No

 

 

Infinity Space is a forex broker with a strange name that does not imply any connection with financial services. Even stranger is the photo the company's CEO Inora Kholiknazarova chose to present herself to the clients – we find it more appropriate for a fashion brochure and not too serious.

 

Infinity Space registered on the offshore zone British Virgin Islands and does not appear to be regulated. According to its site, the broker has a service center in Taiwan.

 

As always, we strongly advise against dealing with offshore unregulated brokers and recommend companies supervised by reputable watchdogs like UK's FCA or the Australian Securities and Investment Commission (ASIC).

 

Judging by the language options of the broker's site – English and Japanese – it appears it is targeting the Japanese market. It is worth noting that the law in Japan forbids brokers who are not licensed by the country's Financial Services Agency and sets a leverage cap of 1:25 on retail forex.

 

 

Trading platforms

 

Infinity Space offers the trading platform ActTrader, under the name FX Troll. It is a modular white label platform developed by the software provider ActForex.

 

It lets users trade in currencies, forex options, contracts for differences (CFDs), futures, equities, and exchange traded funds. 

 

The platform is flexible and easy to customize and organize, and unlike MT4 and MT5 comes with built-in one-click trading capabilities. It supports market, stop and limit orders; price alerts; comprehensive charting package  with 30 technical indicators and trading-from-charts capabilities, etc. Another feature of the application is ActFX, which allows traders to analyze charts, automatically open or close positions, and backtest trading strategies. 

 

Infinity Space also offers the mobile applications of ActTrader for iOS and Android devices.

 

Promotions

 

Infinity Space offers several different types of bonuses – deposit cash back bonus, rescue bonus and refer a friend bonus. All of them are subject to terms and conditions and seem to change every month.

 

 

Methods of payments

 

Infinity Space provides two deposit options: bank transfer and credit card. It does not accept payments through online payment systems like PayPal or Skrill, for example.

 

 

Conclusion

 

Like we already said, Infinity Space appears a little weird for a traditional forex broker, but looks like it is fully functional. It is offshore and unregulated, which could be very risky, as many of the offshore-registered unregulated brokers are a scam whose only goal is to steal their clients' money.

 

The 1:1000 leverage provided by the broker is very high and can be very attractive for some traders, but is certainly very risky. On the other hand, however, the broker requires just $10 to start trading and offers fairly tight spreads, with no commission.

 

Pros Cons
High leverage Unregulated
Low deposit requirement No MetaTrader
Bonuses Few deposit options

 

Latest news about Infinity Space
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Traders` reviews for Infinity Space

Spread

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Slippage

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Requotes

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Price feed

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Platform

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Deposit/Withdraw

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Customer service

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Summary

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