IUX

General Information

IUX was founded in 2016 and is registered in Saint Vincent and the Grenadines. The broker is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa and the Australian Securities & Investments Commission (ASIC). IUX provides access to a wide range of trading instruments, including CFDs, futures, indices, shares, metals, energies, and cryptocurrencies. Traders can start with a minimum deposit of only 10 USD, with leverage offered up to 1:3000. The EUR/USD spread starts from 0.0 pips. Available platforms include the IUX App Trade, IUX Web Trade, and MT5 WebTerminal. Customer support is available 24/7 through the Help Center. However, the broker does not accept clients from Australia, Belgium, France, Iran, North Korea, Japan, and the United States.

Pros and Cons

Pros:

• Access to popular and diverse markets

• Competitive spreads

• Demo accounts available

• Low minimum deposit from only 10 USD

• Supports MT5 trading platform

• Flexible deposit and withdrawal options

• No deposit or withdrawal fees

Cons:

• Restricted access for clients in Australia, Belgium, France, Iran, North Korea, Japan, and the United States

• Limited customer support channels, as live chat and phone support are not provided

Regulation and Legitimacy

IUX is operated by IUX Markets Limited and IUX Markets ZA (PTY) Ltd, which is authorized by the FSCA in South Africa under FSP No. 53103. The company is also regulated by ASIC in Australia under license number 529610. As a Straight Through Processing (STP) broker, IUX ensures transparent and efficient execution of orders, offering a secure trading environment compliant with international standards.

Market Instruments

IUX provides access to:

• 60 currency pairs

• 120 stocks

• 23 indices

• 5 cryptocurrencies

• 19 commodities

The broker does not offer forex futures or options.

Account Types

IUX offers three types of live trading accounts:

• Standard Account: Minimum deposit 10 USD, spreads from 0.2 pips, no commission.

• Pro Account: Minimum deposit 500 USD, spreads from 0.1 pips, no commission.

• Raw Account: Minimum deposit 500 USD, spreads from 0 pips, commission 6 USD per trade.

All accounts provide:

• Leverage up to 1:3000

• Access to MT5 and IUX platforms

• Micro lot trading from 0.01

• Over 120 trading instruments

• Market execution

• Islamic accounts

• One-click trading

• Expert Advisor support

• Demo accounts

Bonuses

IUX offers deposit bonuses of 35% and 25%. A 35% bonus is available up to 300 USD for Standard+ accounts, while a 25% bonus is available up to 3,000 USD. A minimum deposit of 10 USD is required to claim bonuses.

Leverage

• Up to 1:1000 for Standard Bonus accounts

• Up to 1:3000 for Standard and Raw accounts

High leverage allows traders to maximize profits but also increases risks significantly.

Spreads and Commissions

• Spreads start from 0.5 pips (Standard Bonus), 0.2 pips (Standard), and 0.0 pips (Raw).

• Average EUR/USD spread is 0.2 pips.

• No commission on Standard and Standard Bonus accounts.

• Raw account charges 3.5 USD per lot per side.

Trading Platforms

IUX supports the MetaTrader 5 (MT5) platform, available for Windows, macOS, Android, and web browsers. The broker also provides:

• IUX App Trade: For mobile traders who need flexibility.

• IUX Web Trade: A simple browser-based platform for easy access.

Trading Tools

IUX offers calculators for:

• Currency conversion

• Pip value

• Margin

• Swap

• Profit/Loss

These tools are helpful for both beginners and experienced traders.

Deposits and Withdrawals

• Minimum deposit: 10 USD

• Minimum withdrawal: 3 USD

• No additional fees from the broker

• Supports QR code payments, Neteller, Skrill, cryptocurrencies, and more

• Processing time: instant or up to 20 minutes depending on method

Compared to most brokers, IUX requires a much lower minimum deposit (10 USD vs. industry average 100 USD).

Affiliate Program

IUX offers three models: CPA, CPL, and Revenue Share.

• CPA rewards start from 20 USD

• CPL rewards from 0.6 USD

• Revenue share up to 1,000 USD

Conditions include client verification, first-time deposits, and minimum trading activity.

Customer Service

Support is available 24/7 through FAQ and social media platforms such as Twitter, Instagram, YouTube, and LinkedIn. However, live chat and phone support are not offered, which can be a drawback for traders requiring immediate assistance.

Risk Warning

Trading online involves significant risks. You may lose all invested capital, and trading may not be suitable for all investors.