IUX Review, Test & Rating in 2025

Autor: Florian Fendt — Updated in Jul 2025

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IUX Trader Rating

4.3 out of 5 stars (6 votes)
IUX is a globally regulated forex and CFD broker founded in 2016, offering over 130 tradable instruments including currencies, commodities, indices, shares, and cryptocurrencies. Known for ultra-low spreads, high leverage up to 1:3000, and swap-free accounts, IUX provides fast execution and commission-free trading on most accounts. The broker supports MetaTrader 5, its own IUX Web Trade platform, and mobile apps. With physical address in Cyprus, IUX ensures client fund security through segregation and negative balance protection.
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Summary about IUX

IUX is a globally regulated forex and CFD broker established in 2016, offering over 130 instruments including currenciescommoditiesindicesshare CFDs, and cryptocurrencies. With a strong focus on low trading costs, IUX provides ultra-tight spreads starting from 0.0 pips, high leverage up to 1:3000, and commission-free trading on most accounts. Traders benefit from swap-free accounts by default, fast execution speeds around 30 milliseconds, and access to powerful platforms like MetaTrader 5IUX Web Trade, and IUX App Trade.

Physically located in CyprusIUX is regulated by FSC MauritiusFSCA South Africa, and ASIC Australia, ensuring client fund protection through segregated accounts and negative balance protection. The broker offers 24/7 multilingual customer support and a variety of payment options with no deposit or withdrawal fees from their side. With flexible account types, educational resources, and promotional programs, IUX caters to traders of all levels seeking a secure, cost-effective, and user-friendly trading experience.

review highlights
💰 Minimum deposit in USD $10$
💰 Trade commission in USD $0
💰 Withdrawal fee amount in USD $0
💰 Available trading instruments 130+
Pro & Contra of IUX

What are the pros & cons of IUX?

What we like about IUX

  • Low Spreads and Zero Commissions: IUX offers competitive spreads starting from 0.0 pips on Raw accounts and 0.1 pips on Standard accounts, with no commissions on most account types.
  • User-Friendly Platforms: IUX supports MetaTrader 5, along with its proprietary IUX Web Trade and IUX App Trade, catering to traders' preferences for both desktop and mobile trading.
  • Accessible Account Options: With a minimum deposit of $10 for Standard accounts and the availability of Islamic and demo accounts, IUX accommodates a wide range of traders.
  • No Deposit or Withdrawal Fees: IUX does not charge fees for deposits or withdrawals, enhancing cost-effectiveness for traders.
  • Low Spreads and Zero Commissions
  • User-Friendly Platforms
  • Accessible Account Options
  • No Deposit or Withdrawal Fees

What we dislike about IUX

  • Platform Limitations: IUX does not support the widely-used MetaTrader 4 (MT4) platform, which might be a drawback for traders accustomed to it. Additionally, the IUX Web Trade platform, based on TradingView, has been reported to experience occasional glitches, potentially affecting trading efficiency.
  • Strict Verification Requirements: Opening an account with IUX may involve stringent verification processes, requiring extensive documentation. Some users have found these requirements cumbersome, potentially delaying account activation.
  • Platform Limitations
  • Strict Verification Requirements
Available Instruments at IUX

Available trading instruments at IUX

At IUX, traders have access to a wide range of global markets, enabling both beginners and seasoned professionals to diversify their portfolios. Whether you're into fast-moving forex markets or the potential of cryptocurrencies, IUX offers the tools to trade with flexibility and precision.

Forex Trading

Forex, or foreign exchange, is the world’s largest and most liquid market. At IUX, traders can access over 34 currency pairs, including major pairs like EUR/USDGBP/JPY, and minor and exotic pairs. With leverage up to 1:3000 on forex instruments and spreads starting from 0.2 pips, IUX provides an ideal environment for trading currencies. The platform also supports swap-free trading, making it attractive for long-term forex strategies.

Commodities Trading

IUX allows trading in popular commodities, including GoldSilverCrude Oil, and Brent Oil. Commodities are often used as a hedge against inflation or economic uncertainty. At IUX, traders can benefit from low spreadshigh leverage, and fast execution, enabling them to capitalize on price movements in these global markets.

Share CFDs

For those interested in individual companies, IUX offers 55 share CFDs from global giants like AppleTeslaMicrosoftMetaAlibaba, and more. Share CFDs allow you to speculate on price movements without owning the underlying stock, and with leverage up to 1:3000, traders can amplify their market exposure while keeping capital requirements low.

Indices Trading

Indices provide exposure to entire economies or sectors through a single instrument. IUX offers 11 indices, including Dow Jones 30S&P 500Germany 30FTSE 100, and Australia 200. Trading indices at IUX means tight spreads, efficient execution, and access to global markets with leverage options tailored to individual trading styles.

Cryptocurrencies

Crypto enthusiasts can trade 16 major and minor cryptocurrencies at IUX, including BitcoinEthereumPolkadotLitecoinSolana, and Avalanche. Cryptocurrencies are known for their volatility and potential for large price swings. IUX supports crypto trading 24/7, with competitive spreads and high leverage, giving traders ample opportunities to profit from both rising and falling markets.

Thematic Indices

A unique offering from IUX is their 6 thematic indices, which bundle together stocks or assets related to specific sectors or trends. These include the Crypto 10 IndexChina Internet Giants Index, and the Global Cannabis Index. Thematic indices are excellent for traders who want focused exposure to emerging industries or themes without selecting individual stocks.

Trading Fees at IUX

One of IUX’s standout features is its commitment to offering ultra-low trading costs, making it an attractive option for both casual and active traders. With tight spreads, commission-free trading on most accounts, and no hidden fees, IUX ensures that your focus stays on trading — not on unnecessary expenses.

Spreads at IUX

Spreads are the primary cost of trading at IUX, and they are impressively low across all major instruments. On the Standard Account, spreads start from 0.2 pips, while the Pro Account offers spreads from 0.1 pips. For traders looking for even tighter spreads, the Raw Account provides spreads from 0.0 pips, though it includes a fixed $6 commission per round-turn.

During testing, average live spreads recorded were:

  • EUR/USD: 0.8 pips (industry average: 1.08 pips)
  • GBP/JPY: 1.8 pips (industry average: 2.44 pips)
  • Gold (XAU/USD): 14 pips (industry average: 23 pips)
  • Crude Oil: 0.01 – 0.02 pips (industry average: 0.03 pips)
  • Bitcoin: $20.91 (industry average: $34)

These figures highlight that IUX consistently offers better-than-average spreads, particularly for high-volume traders seeking efficiency.

Commission Structure

  • Standard and Pro AccountsCommission-free.
  • Raw Account$6 commission per round-turn.

This means that for most traders, especially those using Standard and Pro accounts, there are no extra fees beyond the spread.

Swap-Free Trading

All IUX accounts are swap-free by default, not just Islamic accounts. This allows traders to hold positions overnight without paying or receiving interest, which is particularly advantageous for long-term strategies or compliance with Sharia law.

Non-Trading Fees

IUX does not charge any non-trading fees:

  • No deposit fees
  • No withdrawal fees (third-party charges may apply)
  • No inactivity fees

This transparent pricing model adds to IUX's appeal, ensuring you retain more of your profits without worrying about hidden costs.

Review of IUX

Conditions & detailed review of IUX

IUX is an international forex and CFD broker, established in 2016, and physically located in Cyprus. The broker serves traders across more than 17 countries, offering a diverse range of over 130 instruments including forex pairs, commodities, indices, share CFDs, and cryptocurrencies. With a strong focus on transparency, innovation, and customer satisfaction, IUX has quickly built a reputation for providing low-cost trading and cutting-edge technology.

One of IUX’s key strengths lies in its competitive trading conditions. Traders benefit from ultra-low spreads starting from 0.0 pips, high leverage up to 1:3000, and commission-free trading on Standard and Pro accounts. Additionally, IUX offers swap-free trading by default, making it ideal for both short-term and long-term strategies without overnight fees.

The broker supports multiple trading platforms, including MetaTrader 5IUX Web Trade powered by TradingView, and its mobile app, IUX App Trade. These platforms deliver lightning-fast execution speeds averaging 30 milliseconds, alongside advanced charting tools, real-time data, and user-friendly interfaces suitable for all experience levels.

Regulated by FSC MauritiusFSCA South Africa, and ASIC Australia, IUX provides strong regulatory oversight, along with client fund protection through segregated accounts and negative balance protection. The broker’s focus on security and compliance, coupled with 24/7 multilingual customer support, ensures traders have a reliable and supportive trading environment.

Beyond trading, IUX also offers educational resources, promotional campaigns, and partnership programs. Traders can access beginner to advanced courses, participate in referral and IB schemes, and enjoy additional rewards through trading competitions and the Lot Back loyalty program, enhancing the overall trading experience.

Trading Platform at IUX

Software & trading platform of IUX

IUX provides a range of powerful trading platforms designed to meet the needs of all types of traders. Whether you prefer a sleek, modern interface or the familiarity of industry-standard software, IUX ensures seamless, fast, and flexible trading experiences across devices.

MetaTrader 5 (MT5)

IUX supports MetaTrader 5, one of the most trusted platforms in the trading world. Available on desktopweb, and mobile, MT5 is ideal for traders who value speed, automation, and detailed technical analysis. It offers:

  • One-click trading
  • Depth of market tools
  • 38 technical indicators
  • 24 drawing tools
  • 21 timeframes

Traders can also automate strategies using Expert Advisors (EAs) and test them with MT5’s built-in strategy tester. MT5 supports a wide variety of order types and allows trading directly from charts, giving precise control over every trade.

IUX Web Trade

IUX Web Trade is the broker’s custom-built, browser-based platform powered by TradingView. It’s ideal for traders seeking:

  • High-definition, scalable charts
  • Over 100 technical indicators
  • More than 40 drawing tools
  • User-friendly interface

This platform excels in delivering visually rich and detailed charting, making it perfect for traders focused on technical analysis. However, note that automated trading is not supported on IUX Web Trade.

IUX App Trade

For traders on the go, the IUX App Trade offers a seamless mobile trading experience. Available on both iOS and Android, this app includes:

  • TradingView-powered charts
  • Biometric login & two-step authentication
  • Built-in news screener
  • Real-time market data and account management

Traders can execute orders, adjust positions, and stay updated on market movements directly from their smartphones, without compromising on functionality or security.

Each platform at IUX is optimized for fast execution (averaging 30 milliseconds) and is designed to give traders full control and flexibility, whether at home or on the move.

Open and delete account at IUX

Your account at IUX

IUX offers a range of account types designed to suit every trader, from beginners starting out with small deposits to professionals seeking ultra-tight spreads. Each account type provides distinct features, yet all include access to high leverage, fast execution, and the flexibility of swap-free trading. Let’s explore the options available.

Standard Account

The Standard Account is perfect for newcomers or casual traders looking for low entry costs. With a minimum deposit of just $10, it offers a great starting point for anyone entering the markets. Spreads start from 0.2 pips, and there are no commissions on trades. Traders benefit from leverage up to 1:3000, and swap-free trading is available by default. This account balances affordability with access to all major instruments and trading tools.

Pro Account

The Pro Account is aimed at more experienced traders who demand slightly tighter spreads without paying commissions. With a minimum deposit of $500, spreads start from 0.1 pips, and trades remain commission-free. Like the Standard Account, it also offers leverage up to 1:3000 and supports swap-free trading. It’s ideal for those who trade higher volumes and want improved pricing while keeping costs low.

Raw Account

Designed for high-frequency and professional traders, the Raw Account provides spreads from 0.0 pips with a fixed $6 commission per round-turn. The minimum deposit is $500, and traders can access the same high leverage of 1:3000. This account type is suitable for scalpers and traders who require the tightest possible spreads and are comfortable paying a transparent commission fee.

Islamic Account

IUX offers Islamic Accounts to accommodate traders who follow Sharia law. All account types – Standard, Pro, and Raw – can be converted into swap-free Islamic accounts, ensuring no interest is charged or paid on overnight positions. These accounts maintain the same trading conditions as their standard counterparts, without any hidden fees for swap-free status.

Demo Account

For those who want to practice or test strategies risk-free, IUX provides a Demo Account. This account mirrors real market conditions, allowing traders to familiarize themselves with IUX’s platforms, tools, and trading environment. It’s a valuable resource for both beginners learning the ropes and experienced traders refining new strategies before going live.

Each account type at IUX is crafted to offer flexibility, competitive pricing, and user-centric features, ensuring that every trader can find an account tailored to their goals and experience level.

Feature Standard Account Pro Account Raw Account Islamic Account Demo Account
Minimum Deposit $10 $500 $500 $10/ $500 / $500 $0
Spread From 0.2 pips 0.1 pips 0.0 pips Same as account type Same as live accounts
Commission $0 $0 $6 per round-turn $0 / $0 / $6 $0
Leverage Up to 1:3000 Up to 1:3000 Up to 1:3000 Up to 1:3000 Virtual funds
Swap-Free Yes Yes Yes Always Swap-Free Not applicable
Minimum Trade Volume 0.01 lot 0.01 lot 0.01 lot 0.01 lot 0.01 lot
Commission-Free Trading Yes Yes No Varies by account Yes
Available Platforms MT5, IUX Web/App MT5, IUX Web/App MT5, IUX Web/App MT5, IUX Web/App MT5, IUX Web/App
Suitable For Beginners/Casual Traders Active Traders Professional Traders Sharia-compliant Traders Practice & Strategy Test

How can I open an account with IUX?

By regulation, every new client must go through some basic compliance checks to ensure that you understand the risks of trading and are admitted to trading. When you open an account, you will probably be asked for the following items, so it is good to have them handy: A scanned colour copy of your passport or national ID A utility bill or bank statement from the last six months with your address You will also need to answer a few basic compliance questions to confirm how much trading experience you have. It is therefore best to take at least 10 minutes to complete the account opening process. Although you can explore the demo account immediately, it is important to note that you cannot make any real trading transactions until you have passed compliance, which can take up to several days depending on your situation.

How To Close Your IUX account?

If you want to close your IUX account the best way is to withdraw all funds and then contact their support via E-Mail from the E-Mail that your account is registered with. IUX may try to call you to confirm your account closure.
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Deposits & Withdrawals at IUX

Deposits and withdrawals at IUX

IUX offers traders a smooth and efficient deposit and withdrawal experience with multiple payment options tailored for global users. Whether you prefer traditional banking or modern digital solutions, IUX ensures fast processing times and zero handling fees on its side, helping you manage your funds conveniently and cost-effectively.

Deposit Methods

Traders can fund their IUX accounts using a wide variety of methods, including:

  • Bank Wire Transfers
  • Online Bank Transfers
  • Local Bank Transfers
  • Credit/Debit Cards
  • Cryptocurrency Payments (Crypto Pay)
  • E-Wallets such as SkrillNetellerMoMoPayMayaGCashUnionPay, and others.

All deposits are fee-free from IUX’s side, though third-party processing fees may apply. Processing times vary by method, with bank transfers typically taking 2-3 business days, while credit cards and e-wallets are processed instantly.

Withdrawal Methods

IUX supports the same range of withdrawal methods as deposits:

  • Bank Wire Transfers
  • Online and Local Bank Transfers
  • Credit/Debit Cards
  • Cryptocurrencies
  • E-Wallets including MoMoUnionPayDoku, and others.

Withdrawals are also fee-free from IUX, but again, third-party fees might apply. The processing time for withdrawals is:

  • Bank transfers3-5 business days
  • Credit/Debit Cards: up to 24 hours
  • E-Wallets and Crypto Pay: up to 24 hours

This hassle-free payment system ensures that traders can quickly access and manage their funds without unnecessary delays or hidden costs.

The payout of funds is governed by the refund payout policy, which is available on the website.

For this purpose, the customer must submit an official withdrawal request in his/her account. The following conditions, among others, must be met:

  1. The full name (including first and last name) on the beneficiary account matches the name on the trading account.
  2. A free margin of at least 100% is available.
  3. The withdrawal amount is less than or equal to the account balance.
  4. Full details of the method of deposit, including supporting documents required to support the withdrawal in accordance with the method used for the deposit.
  5. Full details of the method of withdrawal.
How is the service at IUX

How is the service at IUX

A strong support system is essential for a smooth trading experience, and IUX ensures that traders receive prompt, professional assistance whenever needed. With 24/7 multilingual customer support, IUX prioritizes accessibility and efficiency, making sure clients can resolve issues or get information at any time.

Support Channels and Availability

IUX provides multiple support options to cater to different preferences:

  • Live Chat: Available directly on the website, with response times typically within seconds.
  • Email Support: Reach out via [email protected] for detailed inquiries.
  • Phone Support: Contact the support team at +357 25247681.

Support is offered in EnglishIndonesianChineseVietnameseSpanish, and Thai, ensuring a wide range of clients receive assistance in their preferred language.

Quality of Support

During tests, IUX support agents were found to be:

  • Polite and professional
  • Well-informed about the broker’s services and trading conditions
  • Able to provide quick, accurate answers to both general and technical questions.

Whether you need help with account setup, platform navigation, or trading conditions, IUX’s support team is well-equipped to assist.

IUX’s commitment to high-quality customer service ensures that traders feel supported throughout their trading journey, with help always just a click or call away.

Is IUX safe and regulated or a scam?

Regulation & Safety at IUX

IUX Broker operates under multiple regulatory bodies to ensure a secure and transparent trading environment. With compliance at its core, IUX provides traders with peace of mind through strict adherence to international standards and robust client protection measures.

Regulated Entities

IUX functions through several entities, each governed by different regulatory authorities:

  • IUX Markets (MU) Ltd – Regulated by the Financial Services Commission (FSC) of Mauritius, License No. GB22200605 (Tier-3 regulator).
  • IUX Markets ZA (Pty) Ltd – Regulated by the Financial Sector Conduct Authority (FSCA) of South Africa, License No. 53103 (Tier-2 regulator).
  • IUX Markets AU Pty Ltd – Regulated by the Australian Securities and Investments Commission (ASIC), License No. 529610 (Tier-1 regulator, currently not accepting new clients).
  • IUX Markets Limited – Registered in Saint Vincent and the Grenadines, but not regulated.

Client Protection Measures

IUX takes several steps to protect traders:

  • Segregated Client Funds: Ensuring client money is held separately from company funds to prevent misuse.
  • Negative Balance Protection: Traders cannot lose more than their deposited funds.
  • Compensation Scheme: The Mauritius entity is a member of the Financial Commission, offering protection up to EUR 20,000 in case of disputes or insolvency.

Transparency and Trust

IUX is transparent about its regulatory status and entity structure. Information about licenses, client fund security, and trading protections is clearly stated, providing traders with confidence in the broker’s legitimacy and operational integrity.

Overall, IUX combines international regulatory oversight with robust client safety features, making it a secure and trustworthy platform for global traders.

Highlights of IUX

Finding the right broker for you is not easy, but hopefully you now know if IUX is the best choice for you. If you are still unsure, you can use our forex broker comparison to get a quick overview.

  • ✔️ Fast Execution in 30ms
  • ✔️ Low Spread and Spread Stability in Volatile Market
  • ✔️ Comprehensive Educational Resources
  • ✔️ 24/7 Multilingual Support

Frequently asked questions about IUX

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Is IUX a good broker?

IUX is a legit broker operating under FCA Mauritius, ASIC, and FSCA oversight. No scam warning has been issued on the websites of these regulators.

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Is IUX a scam broker?

IUX is a legit broker operating under FCA Mauritius, ASIC, and FSCA oversight. No scam warning has been issued on the website of these regulators.

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Is IUX regulated and trustworthy?

IUX remains fully compliant with FCA Mauritius, ASIC, and FSCA rules and regulations. Traders should view it as a safe and trusted broker.

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What is the minimum deposit at IUX?

The minimum deposit at IUX to open a live account is $10.

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Which trading platform is available at IUX?

IUX offers the core IUX WebTrader and also provides MetaTrader 5 as well as the IUX Mobile Trade App.

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Does IUX offer a free demo account?

Yes. IUX offers an unlimited demo account for trading beginners or testing purposes.

Author of the article

Florian Fendt
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An ambitious investor and trader, Florian founded BrokerCheck after studying economics at university. Since 2017 he shares his knowledge and passion for the financial markets on BrokerCheck.

At BrokerCheck, we pride ourselves on providing our readers with the most accurate and unbiased information available. Thanks to our team’s years of experience in the financial sector and feedback from our readers, we have created a comprehensive resource of reliable data. You can therefore confidently trust the expertise and rigor of our research at BrokerCheck. 

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