Leading global online trading provider INFINOX has announced that it is expanding its payment options to include Electronic Money Institutions (EMIs).
INFINOX said that this move, strategically timed as 2023 nears its conclusion, is designed to offer clients a secure, convenient, and globally accessible alternative to traditional bank transfers. Recognizing the evolving needs of its diverse client base, INFINOX is committed to providing innovative solutions that empower traders to navigate the market with both efficiency and confidence.
EMIs are regulated financial institutions specifically designed to streamline electronic payments, offering a significantly more efficient and convenient alternative to traditional bank transfers. Recognizing the transformative potential of EMIs, INFINOX has strategically selected renowned EMI providers that work with Tier 1 institutions, ensuring the utmost security and compliance for its clients
The company added that this innovative integration unlocks a world of possibilities for INFINOX’s geographically diverse client base. With EMIs currently available in over 200 countries, traders can now enjoy instant processing of deposits and withdrawals, allowing them to capitalize on market opportunities with immediate effect. Moreover, the user-friendly online platform offered by EMIs eliminates the need for paperwork or bank visits, significantly enhancing the convenience of managing finances.
Beyond mere convenience, EMIs offer significant cost-saving advantages compared to traditional bank transfers. By minimizing unnecessary fees, traders can retain more of their hard-earned capital. This increased flexibility empowers them to manage their finances effectively, funding accounts and withdrawing funds at their own pace, ensuring greater control over their trading journey.
Jay Mawji, Managing Director at INFINOX said:
“We are thrilled to offer our clients the added convenience and flexibility of EMIs. EMIs provide a secure and globally accessible solution that aligns perfectly with our commitment to providing our clients with the best possible trading experience.”
About INFINOX
INFINOX is a global, multi-regulated online trading provider with a presence in 15 countries. Founded in 2009, for nearly 15 years it has put world-class trading power into traders’ hands. Every day, it enables thousands of clients across Latin America, the Middle East, Asia and beyond to trade a full range of asset classes, from forex to equities and commodities, and crypto CFDs.
The business is built on integrity and trust, earning a strong reputation in the industry. INFINOX is dedicated to giving clients access to various market tools, dynamic products, competitive trading terms, and personalized customer service. With a broad platform suite including popular options like Metatrader 4 and 5, the innovative IX Social copy trading app, and the fully customizable IX One platform, INFINOX provides tools for traders of all experience levels. These platforms ensure traders have what they need to navigate the financial markets effectively and efficiently.