IXO Prime reports a 157% increase in deposits and a 57% increase in volumes in 2024

IXO Prime, INFINOX’s institutional product offering, has announced that it will experience significant growth in 2024, with KPI performance metrics reflecting the broader success of the INFINOX brand throughout the year. The company said the IXO Prime product has been particularly attractive to brokers and institutional clients since its launch in 2021. It is no surprise to see growth in 2024, with deposits increasing by 157% and trading volume increasing by 57%.

Jay Mawji, CEO of INFINOX, said:

“We are particularly proud of our product IXO Prime. Our competitive nature at INFINOX is reflected in the fact that we offer a premium product in every respect: pricing, operations, technology, 24/7 support and maintaining strong relationships – that is the INFINOX standard.”

A relationship-oriented approach

The relationship-focused mantra continues to deliver positive returns for IXO Prime, which prioritizes a focus on relationships over numbers. Lee Holmes, who recently returned to INFINOX, said:

“At IXO Prime, we have built our success on strong, personal relationships with our partners. This added value allows us to deliver the best for our customers and ensure we add value beyond a range of metrics. We are not here to track a single metric. We focus on the bigger picture and help our partners grow their revenue in ways they may not realize.”

The strong relationships that IXO Prime maintains with its customers create an environment for optimization that results in competitive pricing and execution and also increases $pm revenue from order flow; This is the ultimate goal for all brokers and institutional clients.

Technology that delivers results

The introduction of improved trading technology has enabled IXO Prime to go a step further by providing pricing and execution models that underpin the advantage of executing with them. Customers can benefit from a cross-market approach and access the most efficient combination of pricing and market depth to maximize revenue from order flow. Additionally, trade data and order maximization mean that customers can be routed to appropriate trading venues, ultimately providing a strong product offering to their customers.

2025: The year of growth

With 2024 being a strong growth year for IXO Prime, a lot of development has taken place behind the scenes, resulting in a strong offering through 2025. Moe Padhani, Head of Sales & Commercial at INFINOX, added:

“We have received constructive feedback from our customers and are clear about where we can do better; Coupled with our vision and the incredible work of the teams, there is strong confidence that we can deliver the results in line with our ambitions in 2025.”

While all eyes are on IXO Prime as they prepare for the Dubai Forex Expo in early October, it is evident that INFINOX and the IXO Prime product maintain their position as a leading institutional offering.

About INFINOX

INFINOX is a market-leading global, multi-regulated online brokerage firm, enabling its clients to trade a multi-asset class of CFDs. Founded in 2009, the company builds strong relationships with partners and provides first-class service to its customers around the world. His business is based on his core values ​​of integrity, ambition, excellence and inspiration.