Infinity Forex Funds Review: Unregulated Prop Firm

Infinity Forex Funds is a proprietary trading firm that has garnered significant attention in the forex trading community. This review aims to provide an in-depth look at the company, its offerings, and the experiences of traders who have engaged with their services.

Company Overview

Infinity Forex Funds presents itself as a prop firm offering traders the opportunity to trade with substantial capital, promising up to 100% profit sharing on their scaling plan. The company claims to provide trading accounts powered by data feeds from prime liquidity providers, simulating real market conditions with low spreads and commissions.

Trading Challenges and Funding

The firm offers a two-stage evaluation process:

Challenge Stage: Traders must achieve a 10% profit target to advance.

Verification Stage: Upon passing, traders can access live accounts with real capital.

Infinity Forex Funds advertises funding options up to $500,000 and even $1 million, which is significantly higher than many competitors in the prop firm space.

Trader Experiences

Experiences with Infinity Forex Funds have been mixed, with some traders reporting positive outcomes while others have encountered significant issues:

Positive Experiences:

A YouTube review from December 2023 reported a successful withdrawal of $144,000 in profits from a $500,000 funded account. The reviewer stated that the payout process was smooth, with the withdrawal request approved within a few business days.

Negative Experiences:

A trader on ForexPeaceArmy reported a concerning incident where their profit payout was refused. The company allegedly cited a rule stating that no single trade could exceed 33% of the total profit, which the trader claimed was not clearly communicated and seemed designed to avoid paying out profits.

Red Flags and Concerns

Several aspects of Infinity Forex Funds raise significant concerns:

Regulatory Status: The company lacks crucial regulatory information, which is a major red flag in the financial services industry.

Unrealistic Promises: The offer of up to 100% profit sharing is highly unusual and potentially unsustainable for a legitimate prop firm.

Scam Allegations: Some review sites have explicitly labeled Infinity Forex Funds as a scam, warning traders against using their services.

Inconsistent Rules: The incident reported on ForexPeaceArmy suggests that the company may employ arbitrary rules to avoid paying out profits.

Community Feedback

Trustpilot reviews for Infinity Forex Funds show a mix of positive and negative experiences. While some users report successful challenges and withdrawals, others express frustration with account closures and difficulties in receiving payouts.

Expert Opinion

Financial experts and experienced traders generally advise caution when dealing with unregulated prop firms, especially those offering unusually high profit-sharing rates or funding amounts. The lack of regulatory oversight means that traders have little recourse if issues arise.

Conclusion

While Infinity Forex Funds presents an attractive offer on the surface, the lack of regulation, inconsistent user experiences, and allegations of scam-like behavior raise serious concerns about the legitimacy and reliability of the company.

Potential traders should approach Infinity Forex Funds with extreme caution. The high risk of financial loss, coupled with the absence of regulatory protection, makes it a potentially dangerous option for most traders. Those considering using their services should conduct thorough due diligence and be prepared for the possibility of losing any invested funds.

For traders seeking prop firm opportunities, it's advisable to look for regulated, well-established companies with transparent terms and consistent positive reviews from the trading community. Always remember that in trading, if an offer seems too good to be true, it often is.