IUX Review

Minimum Deposit: $10 VISIT BROKER
Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

Maximize profits, minimize costs – Enjoy transparent, commission-free offers. Experience the best with low spreads and fast market execution for an unparalleled trading journey.

IUX Review

Summary

IUX is a leading online broker offering diverse trading instruments, including forex, stocks, indices, commodities, and cryptocurrencies. Established in 2016, this multiple award winning broker quickly gained traction in online trading and has since become one of the top brokers for CFD trading. With competitive spreads starting from just 0.0 pips, leverage up to 1:3000, and a low minimum deposit of $50, IUX caters to both novice and experienced traders alike. Let’s dive deeper into what this broker has to offer.

9.1Expert Score
IUX Rating

IUX offers competitive trading conditions with low spreads from 0.0 pips, low fees, and a wide range of over 250 instruments. Regulated by the FSCA, ASIC and MISA and FSC MU, this broker provides a secure environment for forex, stock, indices, commodity, and crypto trading on MT5 and proprietary platforms. Designed for modern traders, IUX Your Edge, Optimized emphasizes performance and control.

Trading Products
9
Commissions and Fees
9.5
Platforms and Tools
9
Research and Education
9
Deposit and Withdrawal
9

IUX Review

Pros and Cons

Pros
  • Low trading fees with competitive spreads starting from 0.0 pips and no commission fees on standard accounts
  • High leverage up to 1:3000, providing significant trading flexibility
  • Wide range of over 250 trading instruments, including forex, stocks, indices, commodities, and cryptocurrencies
  • Has a low minimum deposit requirement of just $50
  • Free demo trading accounts
  • Dedicated customer support
  • Islamic swap-free accounts
  • Institutional-grade trading with real, deep liquidity
  • Diverse proprietary liquidity mix ensures tight spreads 24/7
  • Great choice of deposit methods
  • Low latency fibre optic and Equinix LD4 server
  • Average execution speeds of under 30ms
  • Regulated in multiple jurisdictions
  • Exclusive LotBack program to reward your trading activity
Cons
  • It is not available for traders in several restricted countries like the U.S. and Japan
  • Does not have the MetaTrader 4 platform

IUX Review

Trading Products

IUX offers a diverse range of investment products, making it a solid choice for traders exploring different markets. Here’s a snapshot of what you can trade on their platform:

  • Currencies: With over 63 currency pairs, including majors, minors, and exotics, IUX gives you access to the most liquid market in the world. Whether you’re into trading the big pairs like EUR/USD or more niche ones, they’ve got you covered.
  • Stocks: You can trade over 120 top stocks from some of the world’s most popular companies. This is great if you want to diversify your portfolio with shares from major global markets.
  • Indices: IUX offers trading on 23+ major global indices. This means you can speculate on the performance of entire stock markets rather than individual stocks, which can be a good way to spread risk.
  • Commodities: The platform includes a variety of commodities, such as metals (gold and silver) and energies (oil). This allows you to trade essential raw materials crucial to the global economy.
  • Cryptocurrencies: For those interested in digital assets, IUX offers trading on popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin. This is perfect for traders looking to capitalize on the volatility of the crypto market.
  • Thematic Indices: Harness the power of emerging trends with Thematic Indices, which consolidate companies and assets around distinct themes, trends, and sectors shaping the future.

IUX Instruments Summary

InstrumentsBrokername
Forex✓
Stocks✓
Indices✓
Commodities✓
Cryptos✓
Optionsx
Bondsx
ETFsx
CFDs✓
IUX Instruments

IUX Review

Commission and Fees

Commission Fees

IUX offers a straightforward and competitive fee structure across its various account types. For most accounts, including Standard and Pro, there are no commission fees, making trading cost-effective for a wide range of traders. However, the Raw account type does come with a commission fee, although the specific amount isn’t detailed on their website. Typically, such accounts charge around $3 to $7 per lot per side, which aligns with industry standards.

IUX has a fee structure and incentives that make them a strong contender in the online trading space.

LotBack Program

IUX also has a rewards program for active traders, where you can earn points based on your trading volume. These points can be exchanged for trading credits or cash, with 1 point equating to $1 in trading credit or $0.50 in cash. The more you trade, the higher your status and the more points you earn per lot, with three levels: Rising Star, Champion, and Elite.

Spread Fees

When it comes to spread fees, IUX keeps things competitive and transparent. They offer ultra-low spreads that start from 0.0 pips, depending on the account type and market conditions. For instance, if you’re using their Standard account, spreads start from 0.2 pips, which is quite tight and helps keep your trading costs low. If you opt for the Pro account, you can get spreads starting from 0.1 pips, making it even more cost-effective for experienced traders.

The best part is that they don’t charge hidden fees, so what you see is what you get. This transparency makes it easier to manage your trading budget without any surprises. Their spreads are variable, meaning they can change based on market liquidity and volatility but generally remain competitive.

FeeMinimum
Commission (per standard lot per side) from$0
Spreads from0.0
IUX Fees

Deposit and Withdrawal Fees

IUX offers a variety of deposit and withdrawal methods without charging any additional fees. However, it’s important to note that third-party fees may apply depending on the payment method used. For instance, your bank might charge an international transfer fee if you use a credit or debit card. Similarly, e-wallet providers like Skrill and Neteller may impose their own fees.

While IUX does not charge cryptocurrency transaction fees, you must pay a blockchain fee, which varies based on network conditions. Bank wire transfers, suitable for larger transactions, might also incur fees from the banks involved.

Overall, IUX ensures that there are no hidden costs on its end, making the process transparent and straightforward.

Inactivity Fees

IUX does not charge any inactivity fees, which is great news for traders who may not always be active. This means you can take breaks from trading without worrying about additional costs eating into your account balance. Whether you’re a frequent trader or someone who trades occasionally, you won’t face any penalties for periods of inactivity.

IUX Review

Platforms and Tools

IUX offers a variety of trading platforms designed to meet the needs of different types of traders, from beginners to seasoned professionals. Here’s a detailed look at the platforms and tools available:

IUX Web Trade

IUX Web Trade is a user-friendly, web-based trading platform that requires no downloads or installations. It provides traders with a seamless trading experience directly from their web browsers.

IUX Web Trade
IUX Web Trade

Platform Features:

  • Intuitive and easy to navigate, suitable for all skill levels.
  • Customizable charts with multiple timeframes and technical indicators.
  • Supports various order types, including market, limit, and stop orders.
  • Real-time Quotes: Provides real-time quotes for a wide range of financial instruments.
  • All data is securely encrypted to ensure safe trading.

IUX App Trade

IUX App Trade is the mobile trading platform of IUX, available for both iOS and Android devices. It allows traders to manage their accounts and execute trades on the go.

IUX App Trade
IUX App Trade

Platform Features:

  • Designed specifically for mobile devices, offering a responsive and user-friendly experience.
  • Includes various technical indicators and drawing tools for market analysis.
  • Custom alerts and notifications for market events and account activity.
  • Advanced security measures to protect personal information and account data.

MetaTrader 5 (MT5)

MetaTrader 5 (MT5) is a powerful and versatile trading platform IUX supports. It is suitable for traders looking for advanced trading features and extensive customizability.

MT5 Platform
MT5 Platform

Platform Features:

  • Offers a wide range of built-in technical indicators, drawing tools, and multiple timeframes.
  • Supports the development and deployment of custom trading robots (Expert Advisors).
  • Allows trading across various asset classes, including forex, stocks, indices, commodities, and cryptocurrencies.
  • Provides Level 2 market depth data for real-time bid and ask prices and market liquidity.
  • Facilitates automated trading through predefined algorithms.
  • Real-time news updates and macroeconomic indicators are integrated into the platform.

Trading Tools

IUX equips traders with a suite of powerful market insight tools to enhance decision-making. Here’s what’s on offer:

  • Economic Calendar: Stay on top of market-moving events with this tool. It shows you upcoming economic releases, their expected impact, and previous figures, helping you plan your trades around important announcements.
  • Calculators: IUX offers various calculators to help you crunch the numbers. While the specific types aren’t detailed on their website, these typically include tools for calculating pip value, margin, profit/loss, and more.
  • Currency Converter: A straightforward tool that lets you quickly convert between different currencies, useful for understanding your potential profits or losses in your preferred currency.
  • Analyze & Technical: This l refers to technical analysis tools, which could include chart patterns, technical indicators, and other features to help you analyze price movements and identify potential trading opportunities.

These platforms and tools are designed to give traders of all levels the resources they need to navigate the markets effectively.

IUX Platforms Summary

PlatformIUX
MetaTrader 4 (MT4)x
MetaTrader 5 (MT5)✓
cTraderx
Proprietary✓
Desktop✓
Web✓
Mobile✓
Social Trading✓
Other ✓
IUX Platforms

IUX Review

Research and Education

IUX provides a comprehensive suite of research and educational resources designed to enhance the trading skills and knowledge of both novice and experienced traders. Here’s an overview of what they offer:

IUX Academy

The IUX Academy is a dedicated educational hub that offers a variety of course videos covering everything from the basics of trading to advanced strategies. These courses are designed by experts to give traders the knowledge they need to succeed in the financial markets. The academy includes:

  • Fundamental Courses: These cover the basics of trading and investing, making them ideal for beginners.
  • Advanced Strategies: In-depth courses that explore complex trading strategies and market analysis techniques are available for more experienced traders.
  • Expert Insights: Learn from seasoned professionals who share their expertise and trading tips.

News & Market Analysis

IUX offers robust market analysis tools and news updates to inform traders about the latest market trends and developments. These resources are integrated with TradingView technology, providing comprehensive market research tools:

  • Market Quotes and Analysis: Real-time market quotes and detailed analysis are available, helping traders make informed decisions.
  • Economic Calendar: An essential tool that lists major economic events and data releases, allowing traders to plan their strategies accordingly.
  • Financial News: Regular updates on financial news and market events to keep traders up-to-date.

Trading Community

IUX actively engages with its trading community through various channels, including social media platforms like YouTube, LinkedIn, Facebook, and Instagram. These platforms are used to share:

  • Market Updates: Regular posts about market trends and news.
  • Educational Content: Videos and articles that provide trading tips and insights.
  • Community Interaction: Opportunities for traders to engage with each other and with IUX experts.

Webinars

To complement their static educational content, IUX hosts webinars that allow traders to learn in a more interactive environment. These webinars are conducted by industry experts and cover a variety of topics, including:

  • Live Market Analysis: Real-time analysis of market conditions and trading opportunities.
  • Q&A Sessions: Opportunities for traders to ask questions and get expert answers.
  • Special Topics: Webinars focused on specific trading strategies or market events.

Glossary

IUX provides a comprehensive glossary of trading terms, which is particularly useful for beginners unfamiliar with the financial markets. This resource helps traders understand key concepts and terminology, making it easier to follow educational content and market analysis.

IUX Research and Education Summary

ResourcesIUX
Market Analysis✓
Guides✓
Videos✓
Webinars✓
Autochartistx
Trading Centralx
Economic Calendar✓
Otherx
IUX Resources

IUX Review

Deposit and Withdrawal

IUX offers a wide range of deposit and withdrawal methods to cater to the needs of its global client base. Traders can choose from various options. Here’s what they offer:

  • Bank Wire Transfer: This traditional method is available for both deposits and withdrawals.
  • Credit/Debit Cards: They accept Visa and Mastercard for quick and easy transactions.
  • E-wallets: IUX supports several popular e-wallet options, including Skrill and Neteller.
  • Local Payment Solutions: They offer various local payment methods, varying depending on your region.
  • Cryptocurrencies: IUX also offers cryptocurrency payment via the Crypto Pay platform.

The broker does not charge additional fees for deposits or withdrawals, although third-party fees from banks or payment providers may apply. Most deposits are credited to the trading account instantly, allowing traders to start trading without delay. Withdrawals are processed on a First-in-First-Out (FIFO) basis according to the funding source, with most requests being completed within 1-15 minutes.

However, processing times can vary from 24 hours to 3-5 days, depending on the payment method. To prevent unauthorized transactions, IUX maintains strict security measures, only accepting deposits and withdrawals from accounts under the same name as the authenticated trading account. The minimum deposit requirement is $50.

IUX Funding Summary

Payment MethodDepositWithdrawal
Wire Transfer✓✓
Credit/debit Card✓✓
Electronic Wallets✓✓
Cryptos✓✓
IUX Funding Options

IUX Review

Regulation and Safety

IUX is committed to providing a secure and transparent trading environment, adhering to strict regulatory standards, and implementing robust safety measures to protect client funds and personal information. The broker is regulated by multiple authorities, including the Financial Services Authority (FSA) in Saint Vincent and the Grenadines, the Financial Sector Conduct Authority (FSCA) in South Africa and the FSC Mauritius. These regulatory bodies ensure that IUX complies with high financial conduct and client protection standards.

Additionally, IUX employs stringent anti-money laundering (AML) and Know-your-customer (KYC) policies, which require client verification and continuous transaction monitoring to prevent financial crimes. The broker also maintains detailed records of all transactions and promptly reports suspicious activities to relevant authorities.

To further safeguard client funds, IUX segregates client money from its operating funds, ensuring client investments are protected during the broker’s insolvency. This comprehensive approach to regulation and safety demonstrates IUX’s dedication to maintaining a trustworthy and secure trading environment for its clients.

IUX Regulation Summary

RegulatorIUX
ASIC (Australia)✓
FSCA (Sotuh Africa)✓
IIROC (Canada)x
CySEC (Cyprus)x
SFC (Hong Kong)x
JFSA (Japan)x
MAS (Singapore)x
FINMA (Switzerland)x
FCA (UK)x
CFTC (USA)x
Other✓
IUX Regulators

IUX Safety

IUX has established several measures to ensure its clients’ funds and personal information safety and security. While the broker may not have as long a track record as some competitors, having been established in 2016, it has quickly built a reputation for reliability and transparency in online trading. The broker is regulated by multiple authorities, including the Financial Services Authority (FSA) in Saint Vincent and the Grenadines, the Financial Sector Conduct Authority (FSCA) in South Africa and the FSC Mauritius. IUX Markets AU Pty Ltd is regulated by the Australian Securities and Investments Commission (ASIC) under license number 529610 with registered Office: ‘6 04’ Level 6, 10 Bridge Street, SYDNEY NSW 2000. These regulatory bodies ensure that IUX complies with high financial conduct and client protection standards.

In addition to regulatory oversight, IUX employs stringent Anti-Money Laundering (AML) and Know Your Customer (KYC) policies, requiring client verification and continuous transaction monitoring to prevent financial crimes. The broker also segregates client funds from its operating funds, holding them in separate bank accounts with reputable financial institutions. This practice safeguards clients’ money in case of the broker’s insolvency, ensuring that clients can recover their funds. Furthermore, IUX utilizes advanced security technologies, such as SSL encryption, to protect clients’ sensitive data and transactions from unauthorized access.

IUX Review

Client Support

IUX offers a comprehensive client support system to ensure traders can get help whenever needed. Their customer service team is available 24/7, which is great for traders operating across different time zones. You can contact them via live chat on their website, which is convenient for quick queries. For those who prefer talking, you can call their support team. You can also email them for detailed inquiries; they promise to reply within 24 hours. IUX also engages with clients through social media platforms like Facebook, Instagram, LinkedIn, and YouTube, providing another accessibility layer. Their support is available in multiple languages including The platform is available in multiple languages, including English, Español, Bahasa Indonesia, Português, Vietnamese, and Chinese, ensuring that traders from different regions can get the help they need.

IUX Review

Conclusion

IUX is a solid choice for traders seeking a reliable and feature-rich broker. It offers excellent value with competitive pricing, low spreads starting from 0.0 pips, and no commission fees on standard accounts. The broker provides various trading instruments, including currencies, stocks, indices, commodities, and cryptocurrencies, catering to diverse trading preferences. Regulated by multiple authorities such as the FSCA (South Africa), IUX ensures a secure trading environment. The broker supports MT5 and proprietary trading platforms, known for their fast execution speeds and advanced features. With a low minimum deposit of $50 and leverage options up to 1:3000, it is accessible to both beginners and experienced traders.

Everything that you find on InvestingBrokers.com is based on information and data that is readily available from each broker that we have reviewed. We combine our 15+ years of industry experience with research, analysis and user feedback. This enables us to give an impartial and reliable broker rating. You can read more about our broker review process here.

IUX Review

FAQs

When was IUX founded?

IUX was founded in 2016.

Where is IUX located?

The broker is headquartered in Mauritius.

Is IUX regulated?

IUX is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa, ASIC and FSC Mauritius.

What trading instruments does IUX offer?

IUX offers various trading instruments, including forex, stocks, indices, thematic indices, commodities, and cryptocurrencies.

What is IUX minimum deposit?

The minimum deposit at IUX is $50.

What trading platforms does IUX offer?

IUX provides access to the MetaTrader 5 (MT5) platform and its proprietary web and mobile trading platforms.

What is IUX commission fee?

IUX does not charge commission fees on most trades, except for the Raw account, which has a competitive commission structure.

Does IUX charge an inactivity fee?

No, IUX does not charge any inactivity fees.

What are IUX spreads?

Spreads at IUX start from as low as 0.0 pips.

What funding options does IUX offer?

IUX supports various funding options, including credit/debit cards, cryptocurrencies, local bank transfers, Neteller, and Skrill.

Does IUX offer demo trading?

Yes, IUX offers a demo trading account for practice and strategy testing.

Does IUX offer Islamic accounts?

Yes, IUX provides Islamic accounts that comply with Sharia law.

How do I contact IUX customer support?

You can contact IUX customer support through live chat, phone, and email.
IUX Review
IUX Review
Minimum Deposit: $10
Investing Brokers
Investing Brokers

The Investing Brokers team have over 15 years of experience in the online brokerage industry and are committed to providing reliable information for all of the brokers that we review.

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