Score
Inefex
https://www.inefex.com/
Website
Rating Index
Influence
Influence
D
Influence index NO.1
Contact
No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
Account
- Environment--
- Currency--
- Maximum Leverage--
- SupportedEA
- Minimum Deposit€250,000
- Minimum SpreadEUR/USD1.6 GBP/USD2.0 USD/JPY1.9
- Depositing Method--
- Withdrawal Method--
- Minimum Position--
- Commission--
- Products--
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Company Summary
| Inefex Review Summary | |
| Founded | 2020 |
| Registered Country/Region | Mauritius |
| Regulation | Not Regulated |
| Market Instruments | Currencies, Cryptocurrencies, Commodities, Stocks, and Indices CFDs |
| Demo Account | Not Mentioned |
| Leverage | Up to 1:400 |
| Spread | EUR/USD: 3.0 pips (Basic account) |
| Trading Platform | Inefex Web Trader |
| Min Deposit | €250 |
| Customer Support | info@inefex.com |
| +23052971917 | |
Inefex Information
Inefex is a CFD broker operating in the financial industry in Mauritius. It offers many different market instruments, including currencies, cryptocurrencies, commodities, stocks, and indices CFDs. With four different account types, clients can enjoy flexible spreads and high leverage of up to 1:400, and it charges no fees for deposits and withdrawals. However, it requires a minimum deposit of €250.

Pros and Cons
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Is Inefex Legit?
Inefex is unregulated by any financial authorities. The domain name inefex.com on WHOIS was registered on January 20, 2020; updated on October 14, 2024; and will expire on January 20, 2028. Its present state is “client transfer prohibited,” which indicates the domain is locked and cannot be moved to another registrar.


What Can I Trade on Inefex?
Inefex offers many different market instruments, including currencies, cryptocurrencies, commodities, stocks, and indices CFDs. There's no ETF trading or bond trading. But overall, you still have a good mix of investment options.
| Tradable Instruments | Supported |
| Cryptocurrency | ✔ |
| Commodities | ✔ |
| Stock | ✔ |
| Indices | ✔ |
| ETFs | ❌ |
| Bond | ❌ |
| Metals | ❌ |

Account Type
Inefex offers four types of accounts: Basic, Gold, Platinum, and VIP, each requiring a different minimum deposit (€250, €25,000, €100,000, and €250,000, respectively). If you're new or prefer a lower initial investment, the Basic account is a starting point. For tighter spreads and potentially better trading conditions with a larger deposit, consider the Gold, Platinum, or VIP accounts based on your capital and trading volume.
| Account Type | Minimum Deposit |
| BASIC | €250 |
| GOLD | €25,000 |
| PLATINUM | €100,000 |
| VIP | €250,000 |

Leverage
All account types offer a maximum leverage of 1:400, allowing traders to control large positions with a relatively small amount of capital.

Inefex Fees
As the account tier increases (from Basic to VIP) and the minimum deposit becomes higher, the spreads offered on various instruments tend to decrease. For instance, on the EUR/USD pair, the spread is 3.0 pips for the Basic account, but it narrows to 1.6 pips for the VIP account.
| Spread | BASIC (€250) | GOLD (€25,000) | PLATINUM (€100,000) | VIP (€250,000) |
| EUR/USD | 3.0 PIPS | 2.7 PIPS | 2.1 PIPS | 1.6 PIPS |
| GBP/USD | 3.4 PIPS | 3.1 PIPS | 2.5 PIPS | 2.0 PIPS |
| USD/JPY | 3.3 PIPS | 3.0 PIPS | 2.4 PIPS | 1.9 PIPS |
| CRUDE OIL | $0.12 | $0.11 | $0.10 | $0.08 |

Non-Trading Fees
| Deposit Fee | Free |
| Withdrawal Fee | Free |
| Inactivity Fee | Not Mentioned |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Inefex Web Trader | ✔ | PC and Mobile | Investors of all experience levels |

Deposit and Withdrawal
Inefex charges no fees for deposits and withdrawals. But it requires a minimum deposit of €250 for individuals looking to open an account.

Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
News

News Unregulated Broker Inefex Expands into the Middle East as SCA Issues Warning
The UAE’s Securities and Commodities Authority (SCA) has issued a warning against Inefex, an unregulated CFD broker linked to low ratings and multiple complaints on WikiFX.

Exposure Inefex: Mastering the Art of Duping Forex Investors
Fallen prey to high-return promises made by Inefex through social media and other platforms? Facing constant pressure from it to deposit funds despite consistent losses in trade? Most probably, Inefex has scammed you like many others. The constant foul play in its operation has been grabbing attention on forex broker review platforms. Check out some of their reviews.

Exposure Inefex Review: Unregulated Broker with Risky Withdrawal Issues
Inefex is an unregulated CFD broker with a poor reputation. Users report withdrawal issues, fraud, and scams. Avoid trading with this broker.

Exposure Something You Need to Know About Inefex
Inefex, a broker operating in the financial industry has faced scrutiny due to the absence of valid regulation and a suspicious regulatory license.
Wiki Q&A
What account types can I open with Inefex?
Inefex offers four account types: Basic, Gold, Platinum, and VIP. The Basic account requires a minimum deposit of €250, while higher-tier accounts such as Gold, Platinum, and VIP require larger deposits ranging from €25,000 to €250,000. From my experience, this tiered approach gives traders flexibility, but the higher deposit requirements for the Gold, Platinum, and VIP accounts could be prohibitive for those just starting out. Personally, I would recommend starting with the Basic account if you're new to trading, as it allows you to experience the platform without committing a large sum of money.
Is Inefex regulated?
Inefex is not regulated by any financial authorities, which is a significant risk factor when deciding whether to trade with this broker. As a trader, the lack of regulation means that there's no governing body ensuring that Inefex follows industry standards or that your funds are protected. Regulation is crucial because it provides a level of trust and security for traders. Without it, you're essentially trading at your own risk, and should anything go wrong, there may be little recourse. In my view, while Inefex offers competitive spreads and leverage of up to 1:400, its unregulated status raises significant concerns. I would strongly advise anyone considering trading with Inefex to be cautious, especially when it comes to depositing large sums of money. It’s important to research if this broker is "real or fake" based on its regulatory status and reputation among other traders. In my personal experience, trading with regulated brokers gives peace of mind, and I highly value that assurance when making investment decisions.
What withdrawal methods does Inefex support?
Inefex supports various payment methods for both deposits and withdrawals. The broker does not charge any fees for withdrawals, which is a great advantage. However, specific details about the withdrawal methods are not disclosed, so it's advisable to check directly with Inefex support for more information. From my perspective, it’s always beneficial when a broker offers no withdrawal fees, but I recommend confirming which payment methods are supported before you start trading, as this can vary based on your location or payment preference.
Is Inefex real or fake?
The legitimacy of Inefex comes into question due to its lack of regulation. While it may seem like a legitimate trading platform with various market instruments such as forex, cryptocurrencies, commodities, and indices CFDs, the absence of regulatory oversight is a red flag for me. As a trader, I want to ensure that the broker I am dealing with adheres to strict industry standards and operates transparently. Without regulatory oversight, there is a higher risk of fraudulent practices. From my perspective, Inefex may offer great features like high leverage and no fees on deposits or withdrawals, but its unregulated status makes me cautious about trusting it fully. I encourage others to read "Inefex reviews" from independent sources and assess whether the potential rewards outweigh the risks. It's always essential to verify the legitimacy of a platform before committing to any substantial trading activity.
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FX3157562345
Pakistan
I lost over $11,000 to this fake trading platform. This is not a legitimate trading company. They operate with fraudulent tactics: • First, they lure you with fake profits. • Then, their so-called “account managers” force you to deposit more.
Exposure
FX3614974043
Malaysia
Inefex and the financial advisor are total scammer... can't withdraw money ... Stupid fucking inefex... Followed the advisor and made my money all lost... Lost my money there.. seriously a cheater...
Exposure
Even Zh
Taiwan
A small amount of money in the early stage will make you earn a lot, but you won't be able to claim any of your earnings. Within just two weeks, I kept urging you to invest and increase your savings, telling you that you would definitely make a profit, and then calling on you to increase your funds in order to increase your margin and invest in more things. In the mid-term, you suddenly realize a significant loss in profits, even increasing from $10000 to $20000 overnight. Then you will receive a notification from the system that you need to increase the deposit to protect your account, otherwise it will be frozen? Then you will receive their finance manager saying that you need to pay a 20% investment tax in order to return the original investment amount of $20000 to you? And I also told you: only you have this opportunity, others don't? But I refused... and then the financial manager will tell you: he has tried his best to fight for you, but there is no way because the company does not agree? Then he will turn around and blame you, saying: You were asked to increase the margin back then, but you didn't do that, so now your account is in this situation? I replied to him, 'I don't have any extra money to invest anymore, and I also told you back then that it's beyond my ability and there's no way to increase it. But now you're blaming me instead?'? Why don't you pay the transaction tax for me first, and then deduct it from my investment amount and give it to me? But he couldn't answer? Just asking me to give him time, asking me to wait? I have all my savings in cash, and I can't withdraw any money when I make money? Because the financial manager will only tell you: after holding on until the end of the month, you can come out with the surplus in early August. Just wait a little longer and there won't be any problems? But in the end, not only was the invested capital gone, but tonight when I looked at it, the entire official website was shut down? Even the email sent out was returned? It's really shocking and dumbfounded
Exposure
FX6807822552
Brazil
A friend had posted something about the company, and I did some research, and soon they called me. I joined the chat and gave a testimonial for 200 dollars; I even earned 1.79 on my own because I didn't have anyone's attention! I tried to withdraw the 201.79 dollars that were in my account! On 07/12/2024 and until today, 07/18/2024, I have had no response to anything, and they say it takes 3 days. Finally, someone named Anderson called me and said he was my consultant and asked inappropriate questions, but I ended up answering if I was married, but anyway, I ended up depositing more than 200 dollars with the hope of winning something! He said that. Netflix was hot and highly anticipated! I did everything he taught me, and when I went to sell, I ended up losing money, and the rest that was left in the Inefex account I couldn't withdraw! Because the first withdrawal has been stopped. Look, don't fall for that. I hope this testimonial helps someone!
Exposure
jose489
Peru
I made an investment of 200 dollars and then an analyst called me and stopped calling me and they even downloaded all my investment balances in inefex and then they left me without any dollars and they still want to deposit more, it is a scam, don't fall for it.
Exposure
FX3164455661
Turkey
I really suggest this company people who are want to earn money from investment. You can trust them
Positive