- Regulator
- Capital Markets Authority (CMA)
- Local company
- Not yet verified
- Licence number
- —
- M-Pesa
- Not confirmed
Broker review · Checked
INFINOX review 2026: is INFINOX legit in Kenya and South Africa?
INFINOX is regulated by the FCA and SCB, but its South African position is unclear: INFINOX Capital Ltd's ODP application shows “Application withdrawn”, and a South African review site says it does not accept South African clients.
- Founded2009
- 🇰🇪 CMANot licensed
- 🇿🇦 FSCAChecking
- Minimum depositLow (about £1 or equivalent)
- M-PesaNot confirmed
Is INFINOX regulated? Licence by country
- Regulator
- Financial Sector Conduct Authority (FSCA)
- Local company
- Not yet verified
- Licence number
- —
INFINOX Capital Ltd shows "Application withdrawn" on the FSCA list of OTC derivative providers (checked 25 Oct 2026), and a South African review site says it does not accept South African clients.
A licence means someone supervises the broker. It does not make trading safe: most retail CFD accounts lose money.
About INFINOX
INFINOX is a UK-founded broker known for its IX Social copy-trading app.
Who INFINOX suits, and who should look elsewhere
Good fit if you
- want copy trading through IX Social outside South Africa and Kenya
Look elsewhere if you
- are in South Africa or Kenya and want a local licence
INFINOX account types and minimum deposit
| Account | Minimum deposit | Pricing |
|---|---|---|
| Standard | Low (about £1 or equivalent) | Spread-based |
INFINOX fees: spreads, commission and other charges
| Share CFD commission | From $0.02 per share on large US stocks |
Work out the cost of a trade before you place it with our pip value and profit and loss calculators.
INFINOX deposits and withdrawals in Kenya and South Africa
🇰🇪 Kenya
- INFINOX is not on the CMA register. If it accepts you, your account sits with an offshore company and you have no CMA complaints route.
- No Kenyan payment method confirmed. Expect cards, bank wire or e-wallets such as Skrill and Neteller.
🇿🇦 South Africa
- INFINOX Capital Ltd: ODP application withdrawn.
- Reported as not accepting South African clients.
M-Pesa limits, rand EFT, cards, e-wallets and the payment scams to avoid: read our deposits and withdrawals guide.
INFINOX trading platforms
- MetaTrader 4
- MetaTrader 5
- IX Social
Is your money safe with INFINOX?
- FCA regulation for the UK company.
INFINOX pros and cons
Pros
- IX Social copy trading
Cons
- No local licence in Kenya or South Africa confirmed
Our real-money test of INFINOX
Coming
We will open a INFINOX account, deposit, place a trade and withdraw, then publish the screenshots, the time each step took and every fee we paid.
INFINOX withdrawal time: reports from traders
How long do INFINOX withdrawals really take?
Loading reports…
Median of reports from traders. Not checked by us; our own tests are marked separately.
Withdrawal stuck or refused at INFINOX? Get a ready complaint letter and the right regulator contact with our complaint desk →
INFINOX: questions people ask
Is INFINOX regulated in Kenya?
No. INFINOX is not licensed by the CMA. It may still accept clients from Kenya through an offshore company, but you would have no CMA protection or local complaints route.
Is INFINOX regulated by the FSCA in South Africa?
Not confirmed. We have not yet matched INFINOX to an FSCA licence number, so it gets no “Visit” button for South Africa until we do. INFINOX Capital Ltd shows "Application withdrawn" on the FSCA list of OTC derivative providers (checked 25 Oct 2026), and a South African review site says it does not accept South African clients.
Does INFINOX accept South African clients?
A South African review site says no, and its ODP application was withdrawn.
Sources for this review (checked 25 Oct 2026)
Fees, minimums and payment methods change and can differ by the company you sign with. Confirm them on the broker's site before you deposit. Spotted something out of date? Tell us.