Infinity Forex Funds Review
Infinity Forex Funds is a prop trading firm offering traders access to capital up to $500,000 through one-phase and two-phase evaluation models. The firm stands out with its generous 15% maximum drawdown limit, unlimited time for challenges, and potential for up to 100% profit sharing.
Infinity Forex Funds Review
Summary
Infinity Forex Funds is a proprietary trading firm that allows traders to access substantial capital for forex trading through evaluation programs. The firm provides two main evaluation models: a One-Phase Evaluation (Algo Challenge) designed for algorithmic and high-frequency traders and a Two-Phase Evaluation (Standard Challenge) for more traditional trading approaches.
One of the standout features of Infinity Forex Funds is its generous drawdown limits, with a daily drawdown cap of 5% and a maximum drawdown of 15% of the initial account balance. This allows traders more flexibility in managing their risk. The firm also offers account sizes ranging from $25,000 to $500,000, with the potential for up to 100% profit sharing through their Scaling Plan for consistent performers.
Infinity Forex Funds supports popular trading platforms like MetaTrader 4 and MetaTrader 5, and has announced a transition to the DXtrade platform for enhanced features. The firm allows various trading strategies, including the use of Expert Advisors (EAs), news trading, and weekend holdings, catering to different trading styles.
However, it’s important to note that Infinity Forex Funds operates as an unregulated entity, which raises some concerns about trader protection. The firm’s lack of regulatory oversight and some allegations of inconsistent rule application are factors that potential traders should carefully consider.
Despite these concerns, Infinity Forex Funds continues to attract traders with its flexible conditions and potential for high-profit sharing. The firm’s evaluation programs, which don’t impose minimum trading day requirements, allow traders to complete challenges at their own pace.
Let’s examine the specific features and conditions that Infinity Forex Funds offers to gain a more comprehensive understanding of what traders can expect when engaging with this prop firm.
Infinity Forex Funds Review
Programs
Infinity Forex Funds provides traders with two distinct evaluation models, each designed to cater to different trading styles and preferences. Let’s break down these programs:
One Phase Evaluation (Algo Challenge)
The One Phase Evaluation, also known as the Algo Challenge, is designed for traders who prefer a quick and straightforward assessment process. This program is particularly appealing to algorithmic and high-frequency traders who can focus on achieving a 10% profit target without the constraints of minimum trading days. The evaluation offers account sizes ranging from $25,000 to $500,000, with costs varying according to the account size. For example, a $50,000 account costs $379. The drawdown limits are set at a maximum of 15%, providing traders with a generous buffer to manage their strategies effectively. This setup allows traders to leverage their skills and strategies efficiently, making it an attractive option for those seeking a rapid path to live trading.
Two Phase Evaluation (Standard Challenge)
The Two Phase Evaluation, or Standard Challenge, provides a more comprehensive and traditional assessment for traders who prefer a structured approach to Forex trading. This program is divided into two phases: the first phase requires traders to achieve an 8% profit target, while the second phase demands a 5% profit target. Both phases have a maximum drawdown limit of 15%, ensuring that traders maintain disciplined risk management throughout the evaluation. The Standard Challenge offers account sizes from $25,000 to $500,000, with fees ranging from $169 to $2,349, depending on the account size. This evaluation method is designed to thoroughly assess a trader’s ability to generate consistent returns and manage risk effectively, making it a suitable choice for those who value a methodical and comprehensive evaluation before moving to live trading.
Infinity Forex Funds Review
Conditions
Infinity Forex Funds sets specific conditions for their trading programs to ensure that traders operate within a structured and risk-managed environment. Here’s a deeper look into these conditions:
Drawdowns
Infinity Forex Funds enforces strict drawdown limits to manage risk and maintain disciplined trading practices effectively. The daily drawdown is capped at 5% of the account balance, meaning traders cannot incur losses exceeding 5% in a single day. This limit is designed to prevent traders from experiencing significant daily losses that could jeopardize their accounts. Additionally, the maximum drawdown is set at 15% of the initial account balance. This represents the total allowable loss a trader can incur from their starting balance, providing a buffer that allows for some fluctuation in trading performance while still maintaining overall account health. These drawdown limits are crucial for encouraging traders to manage their risk carefully and avoid over-leveraging their positions.
Payouts
Payouts at Infinity Forex Funds are structured to reward successful traders. Once traders transition to a live account, they are entitled to a share of the profits they generate. The exact profit-sharing percentage can vary, but Infinity Forex Funds offers the potential for traders to earn up to 100% of their profits, depending on their performance and consistency. Payouts are processed regularly, and traders are advised to consult the latest terms on the official site to understand the specific payout schedule and percentage
Trading Days
Infinity Forex Funds offers flexibility in their evaluation programs by not imposing a minimum trading day requirement. This allows traders to complete the challenge at their own pace, without the pressure of meeting a daily trading quota. However, once traders move to a funded account, there are specific trading day requirements for withdrawals. Traders must complete at least 10 trading days before their first withdrawal and 5 trading days for subsequent withdrawals. If these requirements are not met, payout requests will be declined but can be resubmitted once the criteria are fulfilled. This policy encourages consistent trading activity and ensures that traders are actively engaged in the market.
Trading Strategies
The platform accommodates a wide variety of trading strategies, including scalping, swing trading, and the use of expert advisors (EAs). This flexibility allows traders to implement strategies that best suit their trading style and market conditions. However, traders must ensure that their strategies comply with the firm’s guidelines to avoid any potential issues. This open approach to trading strategies benefits traders who have developed specific methods that work well for them, allowing for a personalized trading experience.
Refund Policy
Infinity Forex Funds generally does not offer refunds for evaluation fees. This policy highlights the importance of traders being certain about their participation before committing to a program. However, it’s advisable to review the latest terms and conditions on their official site for any updates regarding refunds or other policies. This ensures that traders are fully informed about the financial commitments involved in participating in the firm’s programs.
Consistency Rule
Infinity Forex Funds implements a 33% consistency rule, which means that a single trade should not represent more than 33% of the profit being requested for withdrawal. This rule is designed to prevent traders from taking excessive risks or going “all in” before major news events. By enforcing this rule, the firm encourages traders to maintain consistent and balanced trading practices, reducing the likelihood of large, risky trades that could lead to significant losses. This consistency rule is an important aspect of the firm’s risk management strategy, promoting sustainable trading habits.
Infinity Forex Funds Review
Features
| Maximum capital | $500,000 |
| Profit split | Up to 100% |
| Scaling | No |
| News trading | Yes |
| Weekend trading | Yes |
| Automated trading | Yes |
| Free trial | No |
| Maximum leverage | 1:100 |
Infinity Forex Funds offers a range of features designed to provide traders with a comprehensive and supportive trading environment. Here’s an in-depth look at each feature:
Platforms Offered
Infinity Forex Funds utilizes the Eightcap platform as its primary trading interface, providing traders with access to industry-standard tools and features. Through Eightcap, traders can use both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), two of the most widely recognized and popular trading platforms in the forex industry.
MT4 and MT5 are known for their robust charting capabilities, extensive range of technical indicators, and support for automated trading through Expert Advisors (EAs). These platforms offer traders a familiar and powerful environment to execute their strategies, whether they prefer manual trading or automated systems.
In a significant move to enhance their technological offerings, Infinity Forex Funds has recently announced a transition to the DXtrade platform. This shift demonstrates the firm’s commitment to providing cutting-edge technology to its traders. DXtrade is designed to offer a more intuitive and streamlined trading experience, with advanced features that cater to the evolving needs of modern traders.
The DXtrade platform promises enhanced functionality, potentially including improved charting tools, faster execution speeds, and a more user-friendly interface. This transition reflects Infinity Forex Funds’ dedication to staying at the forefront of trading technology, ensuring that their traders have access to state-of-the-art tools to optimize their trading performance.
It’s important to note that the DXtrade platform is currently available exclusively to U.S. citizens and nationals, while MT4 and MT5 are likely available to international customers. This transition to DXtrade demonstrates Infinity Forex Funds’ commitment to providing traders with cutting-edge technology and tools to enhance their trading experience.
Dashboard
Infinity Forex Funds may offer additional features to further enhance the trading experience. These could include a trader dashboard for monitoring performance, access to market news and analysis, and possibly trading signals or ideas. The integration with Eightcap allows traders to benefit from features like TradingView integration, which provides professional trading insights and tools for code-free automation. These additional features can help traders make informed decisions and optimize their trading strategies. A well-designed dashboard can provide traders with a comprehensive overview of their trading activities, helping them track their performance and make data-driven decisions.
Scaling Plan
Infinity Forex Funds provides a scaling plan that allows traders to increase their account size over time based on consistent performance. This feature offers the potential for traders to manage larger amounts of capital as they prove their skills.
Support Offered
Infinity Forex Funds provides customer support through email and live chat, ensuring that traders can get assistance whenever needed. This responsive support system is crucial for addressing any technical issues or clarifications on trading conditions, allowing traders to focus on their strategies without unnecessary interruptions. Having multiple support channels ensures that traders can quickly resolve any problems they encounter, enhancing their overall trading experience. The availability of live chat is particularly beneficial for urgent queries, providing real-time assistance to traders.
Knowledge Base
Infinity Forex Funds offers a comprehensive knowledge base in the form of FAQs, which serves as a valuable resource for traders. This section likely covers a wide range of topics, including account setup, trading rules, platform usage, and troubleshooting common issues. By providing detailed answers to frequently asked questions, Infinity Forex Funds helps traders find the information they need quickly, enhancing their overall trading experience. The FAQ section is an essential tool for self-service support, allowing traders to resolve common issues independently without needing to contact customer support.
Infinity Forex Funds Review
Conclusion
Infinity Forex Funds offers a solid platform for traders looking to prove their skills and potentially manage larger funds. With the flexibility of using popular platforms like MT4 and MT5 through Eightcap, and soon the DXtrade platform, traders have access to top-notch tools and resources. The support system, with email and live chat, ensures help is available when needed, and the comprehensive FAQ section is a handy resource for quick answers. However, potential traders must approach with caution. The lack of regulatory oversight is a significant concern that cannot be overlooked. While the firm’s offerings may seem attractive, traders should conduct thorough due diligence and consider the risks associated with an unregulated entity. Just make sure to stay updated with their policies and use their resources wisely to make the most of what they offer.
Infinity Forex Funds Review
