03.03.2023
03.03.2023
Glory Faleke
Contributor

​INFINOX, a brokerage company, reported a 215% increase in the number of new clients in its fiscal report for 2022.

Broker's report shows that user growth is due to the simplification of the registration process and the development of new markets in the MENA, LATAM, and APAC regions.

According to the data, the number of new accounts increased by 200% in Latin America and 112% in Asia. Downloads of the IX Social, the broker's app for copy-trading, have increased by 120%.

INFINOX began operations in 2009 and offers its clients access to currency pairs, CFDs on shares, stock indexes, commodities, cryptocurrencies, and futures. The company is regulated by trustworthy bodies, including the FCA, FSC, and SCB. Support for ECN and STP technologies provides the broker's clients with fast execution of trades, low fees, and the absence of gapping and requotes.