According to the company’s website, Infintix is a provider from the financial sector. As a result, Infintix says it is possible to use simple and precise tools to keep track of the financial market and achieve high returns on investments.
For the customer, the tools should sound simple and easy to access. In any case, an account must be created, which requires a certain amount of money as a minimum initial deposit. Depending on the variant, this can already result in very high costs.
If you are thinking about making an investment with Infintix or if you are already a customer of Infintix and are trading online, the following questions are certainly elementary:
- Do other investors have experience with Infintix?
- Does Infintix have a license from a European governmental financial regulator?
- Can the Infintix service provider be considered trustworthy?
- What can customers of Infintix possibly do in case of losses?
These questions are answered by the lawyers of the Herfurtner law firm in this article on Infintix.
Table of contents
- Infintix – Review of the trading provider
- Infintix on the net
- Contact Infintix
- Infintix approval
- Regulatory alert on Infintix from regulators
- Online trading tips
- What to do in case of losses?
In parallel with the question of how far Infintix offers a reputable service, it is crucial to look into the basics of beneficial online trading.
Our lawyers will also comment on how the Infintix company compares to other financial products.
In addition, we will stand by you and assist you with detailed questions and litigation related to Infintix.
Infintix – Review of the trading provider
Infintiux’s offerings promise fast and advanced tools for online trading. In addition, dedicated support is constantly available and high returns are the norm. Some generic customer reviews are also included on the website.
In order to use the company’s tools and assistance, a client must create an account and invest a certain amount of money. In doing so, it is necessary to provide a lot of private data.
Customers can choose between five account types. Starting with Basic with a minimum initial deposit of £250, through Silver and Gold accounts to Platinum with a minimum deposit of £100,000. The last account variant is called Diamond and is accessible by invitation only.
The site lacks any kind of information about the directors, the employees and the closer background of the company.
Infintix on the web
The offer of the Infintix company can be reached via the German and English language website “infintix.com”.
Operator and trademark
The name of the website or trading platform or offer is not always identical with the operating company. In the past, it was not uncommon for providers to operate with many different trademarks at the same time.
Furthermore, it is common practice for certain providers to deactivate the websites of compromised trademarks and shortly thereafter return to the market using a new trademark.
Therefore, when researching news and facts about a provider, one is well advised to consider the operating company in addition to the trademark. The respective information can be found either in the imprint or often also in the footer of an online presence.
In the footer section of the company’s website you can find the information that Infintix is owned by London Markets Ltd.
Domain Information
Many companies use their years of experience to pretend to be trustworthy. However, the registration date of the domain always stands in the way of such statements.
Accordingly, it is necessary to investigate who registered the domain and in which year the domain was registered. A foundation year was not to be found on the side of Infintix.
Our lawyers have queried the facts about Infintix on 04/03/2022 with this result:
- Domain name: infintix.com
- Registry domain ID: 2628460677_DOMAIN_COM-VRSN
- Registrar WHOIS Server: whois.namecheap.com
- Registrar URL: http://www.namecheap.com
- Registrar Registration Expiration Date: 2022-07-22T12:41:05.00Z
- Registrar: NAMECHEAP INC
- Registrar IANA ID: 1068
- Registrar Abuse Contact Email: abuse@namecheap.com
- Registrar Abuse Contact Phone: +1.9854014545
- Reseller: NAMECHEAP INC
Imprint information
In the Federal Republic of Germany, according to §5 of the German Telemedia Act (TMG), there are general information obligations and mandatory information for the imprint. Accordingly, this obligation to “provider identification” applies to all commercially operated Internet presences.
This is because the information is intended to inform visitors to a website who they are dealing with. Last but not least, the address of the website owner plays a role in the event that legal claims are to be asserted against him.
In this context, it is also important to note that the obligation to maintain an imprint also applies to providers based abroad who conduct their business activities in this country.
At the time of March 2022, no imprint existed on the Infintix website.
Management
According to §6 of the German Media State Treaty (MDStV), the name of the person responsible for the content of the website must be displayed in the imprint. In many cases, this is a member of the company’s management board.
It is not only obligatory to name the persons responsible, but also a sign of transparency.
As of March 2022, no data on the persons responsible for the content could be found on Infintix’s online presence.
Infintix contact details
At the time of writing, the following information was available on the Infintix website:
- Infintix email contact: support.de@infintix.com
- Address of Infintix: CentralPoint, 45 Beech St, Barbican, London EC2Y 8AD
- Phone number of Infintix: +49 30408195646
Infintix Approval
The existence of a valid license from an official European financial regulator can be an important characteristic of whether a service provider is trustworthy. This is because the issuance of a license requires a considerable financial effort on the part of the company.
However, it is not necessarily a scam if an online broker omits information about its authority or its own regulatory status.
The following financial regulators, among others, are responsible for granting authorization and supervising financial service providers such as Infintix:
- ASIC, Australia (Australian Securities & Investments Commission).
- MFSA, Malta (Malta Financial Services Authority)
- BaFin, Germany (Federal Financial Supervisory Authority)
There was no evidence of regulatory approval on Infintix’s online presence as of March 2022. Interested investors can discuss what this fact entails with an Lawyer from our law firm.
Regulatory Warnings on Infintix
At the time of writing in March 2022, no warnings from official financial regulators could be found.
Before starting to trade at Infintix and others – online trading advice
Trading through online platforms such as at Infintix is the extension of traditional trading in financial instruments to the World Wide Web. Here, as there, market participants act with the intention of generating profits through the acquisition and sale of assets.
Trading has long since ceased to be limited to shares. Instead, stock exchange traders can also choose from the following alternatives, for example:
- Cash
- Platinum
- Investment funds
- Commodities
- Cryptocurrencies such as Bitcoins and Altcoins, for example Tether
- Forex Trading
- CFD Trading
- Real estate
Online trading is done through intermediaries such as brokers (like Infintix) or banking institutions that provide their clients with a professional trading software solution.
The extensive technical achievements of the last few years are the main reason why online trading is now time-saving and convenient, and therefore as accepted as it is popular.
Advantages of online trading
Digitalization has also had a considerable impact on the world of finance, especially in relation to trading such as at Infintix.
This is because due to the technological possibilities, trading has greatly increased in speed. Whereas investors and traders used to have to place their orders by phone, fax or mail, today they can do so with the click of a mouse and with much less effort.
Factors such as the length and type of trade, prices and quantities, or account details can now be clarified without a personal conversation between a provider such as Infintix and its client.
In this respect, some conveniences have been created by the possibility of online trading:
- Online traders can access several tools and use diverse indicators.
- Educational opportunities for online trading, knowledge pools, analyses or trading trainings are provided as standard in many places.
- The selection of tradable assets is broader and deeper.
- The trading platform executes the booked orders, you only need an internet connection.
- A lot of tools can be used automatically and instantly.
- The speed of execution of trading transactions has noticeably increased.
- The fees of the transaction have decreased noticeably because the individual telephone support is eliminated.
However, online trading not only provides investors with conveniences in terms of ease of use of the platform. Especially due to analysis options, indicators and the numerous tools the investor has noticeably more comfort.
Because the times when you still drew chart diagrams yourself or laboriously made your own calculations are passé. In the meantime, online traders will find a wide range of order types in their system, which they can execute themselves when day trading with their favorite online broker of choice.
Hype topic cryptocurrencies – new opportunities for investors?
However, digitalization has not only significantly changed trading as such. Because the unstoppable technologization has provided online traders with a new field of activity: trading with digital assets.
Among the most widely traded cryptocurrencies are Bitcoin and Ethereum. Bitcoin was the very first cryptocurrency ever, which is why all other digital currencies are titled as so-called “alt-coins”, meaning alternative coins.
Today, there are thousands of tradable crypto assets and the landscape is exceedingly volatile. As a result, fresh coins are constantly entering the market and numerous disappear just as quickly as they were released.
For investors, this holds opportunities as well as risks, which are, however, noticeably potentiated compared to conventional investments due to the high volatility.
For investors, newly issued cryptocurrencies are basically like a game of chance at the roulette table. With a little luck, the stake can be multiplied significantly. However, the eventuality of losing all the money is also immensely high.
That’s why it might be a good decision for cautious traders to focus on the strongest crypto stocks by market value, which have been traded for some time and have a relatively large market capitalization.
What do the new alt-coins perform?
Apart from Bitcoin and Ethereum, the Binance Coin, Solana, Cardano or Ripple are worth mentioning in this context. Especially Cardano and Solana can be considered more modern and future-oriented compared to Bitcoin and Ethereum.
While the former are criticized for their energy-intensive proof-of-work procedure, the latter rely on the less energy-intensive proof-of-stake mechanism.
In addition, the blockchain-based projects Cardano and Solana allow the use of so-called smart contracts. Furthermore, other projects are emerging in the respective ecosystems, such as Solanart, a marketplace for so-called “non-fungible tokens”, or NFTs for short.
These can be used in decentralized finance, for example. Here, they help to implement security mechanisms that assure the uniqueness of transactions and the correctness of each submitted order.
So, investors have an immensely wide choice of cryptocurrencies to invest in. However, crypto trading is mainly recommended for investors who do not shy away from greater risks.
On top of that, the following also applies to crypto trading: be careful when choosing a provider. Unfortunately, there are numerous documented cases of fraud and cybercrime in which crypto exchanges have played a decisive role.
The downsides to online trading
Not all that glitters is gold, this statement also applies to online trading. Accordingly, in addition to the advantages, a number of disadvantages are also apparent, which interested investors should integrate into their considerations:
- The emergence of fraudulent trading providers has led to major risks of loss.
- Compared to conventional trading, trading is rather hasty.
- Large losses are to be expected in case of wrong decisions.
- Investors should have the courses of the courses permanently in the eye.
- Private investors should already be experienced in trading and build on resilient strategies.
In particular, the risky day trading is not recommended for investors who are dealing with the topic of trading for the first time. This is because the risk of not correctly assessing the development of prices is immense, and in view of the time pressure, adjustments are not easy. Accordingly, this direction of trading is recommended rather for very experienced or particularly risk-loving investors.
If someone belongs to this group of people, day trading is an opportunity to generate results in a timely manner. Furthermore, one benefits, for example, from the elimination of fees for holding positions overnight. Finally, such costs should also be included in an overall consideration of a financial investment.
In addition, one literally saves a rude awakening in the morning, in the event that there were rapid and violent price changes. Such “gaps” arise quickly due to bad reports about a company. On the other hand, one quickly sees success when one can report a profit at the end of a trading day.
It is also important for day traders to compare the trading fees of the different brokers. It may be worthwhile to opt for a flat rate in the form of a fixed rate. This pays off especially if the trading frequency is high and separately charged order fees would significantly reduce the return.
Recognize dangers: Infintix and similar providers
In order not to unnecessarily increase the risks of online trading, it is advisable to check through which financial provider you want to trade on the trading venues.
From the experience of our law firm, some questions have arisen that can be used to identify possible risks. Referring to the example of Infintix, these would be as follows:
- Is Infintix regulated by a European financial supervisory authority and is the provider subject to government supervision?
- Does Infintix promise particularly high profits or safe returns and conceal or downplay the risks?
- Are there experiences of other investors, which opinion prevails in forums?
- Is there an imprint on the Infintix website and can credible statements about the provider’s place of business be found?
- Can one find official warnings about Infintix?
- Was the exchange with Infintix based on an unsolicited phone call?
- Are there any warnings from lawyers or law firms who serve clients who have suffered losses in connection with Infintix?
Behavior in case of losses
As soon as you suspect that you have been defrauded in online trading, it is advisable to block further payments immediately. This is especially true in the event that the trader advises additional payments to compensate for deficits.
In addition, one should attempt to recover the lost capital. In this regard, injured parties can seek investor protection and contact the Lawyers at our law firm. Our law firm examines both civil and criminal law options as well as possible claims for damages against the company and against involved payment service providers such as banks.
“One can by no means speak of an exceptional case if a private investor loses his capital in online trading. Many investors are blinded by the professional behavior of the companies and realize only too late that they are not responsible for their losses.”
Our recommendation is therefore not to bury your head in the sand, but to act swiftly and with commitment. Because the prospect of recovering the lost money is often greater than the aggrieved investors realize.
Would you like to talk to one of our lawyers about Infintix? Then you can go straight to our contact area here.