Infinity ECN Review: Infinite Appetite For Stealing Money

These con men may have tried their best to appear as a legit firm, but we have managed to debunk their business. Fake company credentials, broken registration links, confusing fee structures – this would-be broker has it all. 

Read our Infinity ECN review before you decide to commit any funds to this trading hoax.

 Unknown Company Owner

It doesn’t take much to figure out that the Infinity ECN broker is operating completely illegally. The entity allegedly operates out of Kuwait, but we found no business under this name among regulated entities overseen by the Central Bank of Kuwait. Although they also claim to have offices all around the Middle East, their addresses remain unknown. Only means of contact seems to be WhatsApp numbers.

Even if the Forex provider is regulated in its own country, it still doesn’t have permits to promote and sell services to other nations, especially the EU, UK, and US. Operating without a Tier 1 license means that your Forex dealer can’t provide proper fund safety, compensation plans, and negative balance protection.

English Speakers Are the Main Target

The Infinity ECN Forex trading scheme has been in the business for a while now. The website was established in 2020 and has been pretty much kept in its original state since then. 

However, that still doesn’t make the platform any more reliable or trustworthy without a proper license. Despite not being sufficiently licensed, the brokerage still offers services primarily to traders from these countries:

• United States
• United Kingdom
• Australia

Regardless of where you reside, please consider contacting our chargeback experts in case you encounter issues while trying to withdraw funds from this portal.

Promised Features

The company supports a strong promotional campaign on all major social networks, including Facebook, X and Instagram where they have thousands of followers. 

Some of the usual promised benefits of joining the website include tiered account types, low trading costs, and attractive leverage. Every illicit broker claims to offer specially designed trading parameters for earning big. It’s one of the usual baits for less experienced Forex investors. 

However, let’s not forget that this company operates illegally and there are no Infinity ECN reviews we could explore and find out what the customers really think of the firm.

Tiered Accounts

The Infinity ECN trading accounts are structured similarly to Verbex Group fraud. The swindlers try to sell their victims on the idea of tiered “benefits” so that they will return and ask for more deposits.

Here’s the pricing now:

• Infinity Silver – $500
• Infinity Gold – $5,000
• Infinity Diamond – $20,000

Signing up is currently not available and only existing customers can use their Infinity ECN login to get into the trading area.

Lesser Known Trading Apps

The company’s main trading software is Sirix Station, or Sirix Platform, as it is called on the website. The main issue with this trading app is not its functionality or stability but rather its main user base.

While there are legitimate companies out there that offer this program, more often than not it is associated with online hoaxes. In this case, however, it’s questionable whether any app is actually available, since the creation of new accounts is not possible.

Seemingly Transparent Pricing

In order to appear transparent and open, this fake broker does make an effort to present their fee structure. The costs aren’t exactly competitive. For instance, clients can expect a 7% withdrawal fee on every payout. Commissions seem absurdly small in comparison, ranging from 0.007% to 0.003% depending on the account type.

High leverage of 1:400 serves to forward the idea of overnight riches. This is many times higher than what is allowed in the EU (1:30) or the US (1:50), and is favored by other cheats like Central Markets Invest.

Account Funding and Payouts

According to the web presentation, the company supports the following methods for depositing and withdrawing cash:

• Credit Cards
• Bank wire

To submit a withdrawal request, clients must log into the user panel or simply fill out the form on the site itself. We do not recommend sharing personal information or payment details with unregulated portals. The outcome could easily be identity theft and compromised bank accounts. There’s no additional information provided regarding the processing time.

WhatsApp Contact Encouraged

It is clear by now that the company tries to operate under the radar and leave no legal traces behind. That’s why contacts via encrypted channels like WhatsApp are encouraged. 

If you want to get in touch with the support office in Kuwait, Qatar, Saudi Arabia, Iraq and UAE, you always have to use the chat app. If you’re willing to wait for a response and accept the fact that your request will potentially get ignored, you are also welcome to use the online form. 

Final Thoughts

Are your thoughts still something along the lines of: is Infinity ECN legit? Let us give you the most straightforward answer possible: No. The firm presents no proof of its legal incorporation and regulatory supervision. Thus, it operates practically anonymously and targets investors from all over the world.

If you are struggling to get back the funds you have invested in this platform, we recommend quick action before your funds disappear irreversibly. Contact our chargeback experts via the chat agent and book a free consultation at your convenience.

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