IUX Review

Why choose IUX

IUX stands out due to its low-cost trading, fast execution, and diverse asset selection.

Pros

  • Low spreads & high leverage (from 0.0 pips, up to 1:3000)
  • Multiple account types (Standard, Standard+, Raw, Pro) for different traders
  • Regulated (FSC Mauritius, FSCA South Africa, ASIC Australia, SVGFSA)

Cons

  • High leverage risks (potential for big losses)
IUX

IUX

Fee Level:

Low

Inactivity Fee:

None

Index CFD Fee:

Low

Investor Protection:

Segregated client accounts to prevent the misuse of client funds and compliance with strict financial regulations.

Mobile Platform:

Visit IUX

Cost-effective trading environment with tight spreads and zero commissions (on certain accounts).

Pros

  • No inactivity or withdrawal fees; competitive forex spreads starting from 0.0 pips.

Cons

  • MetaTrader 4 (MT4) is not yet supported.

Regulated by multiple authorities, negative balance protection, and segregated client funds.

Pros

  • Strong regulatory framework and security measures.

Cons

  • Limited beginner resources; does not offer MT4.

IUX provides a seamless and cost-effective deposit and withdrawal process, allowing traders to fund and access their accounts effortlessly. The broker supports multiple payment methods, including bank transfers, credit/debit cards, and e-wallets, ensuring flexibility and convenience. Deposits are typically processed instantly or within a few hours, while withdrawals are completed within 1-3 business days, depending on the payment provider. Additionally, IUX does not impose any transaction fees for deposits or withdrawals, allowing traders to manage their funds efficiently without incurring extra costs.

Pros

  • Competitive spreads, with low-cost trading on Standard, Standard+, and Pro accounts and No deposit or withdrawal fees, ensuring cost-effective transactions

Cons

  • Competitive spreads, with low-cost trading on Standard, Standard+, and Pro accounts and No deposit or withdrawal fees, ensuring cost-effective transactions

IUX offers a streamlined and user-friendly account opening process, allowing traders to get started quickly and efficiently. The registration process involves filling out a secure online application, verifying identity and residency documents, and selecting the preferred account type. Once the verification is complete, traders can fund their accounts using various deposit methods and start trading immediately. IUX ensures a smooth onboarding experience by providing a responsive support team to assist with any registration-related inquiries.

Pros

  • IUX offers a seamless and efficient account opening process, allowing traders to register quickly through a user-friendly online platform. With multiple account types available, including Standard, Standard+, Pro, and Raw, traders can choose an option that best suits their trading style. The broker also ensures a high level of security and transparency through a strict yet straightforward verification process, protecting user data while complying with regulatory standards. Additionally, the support team is available to assist traders throughout the registration process, making onboarding smooth and hassle-free.

Cons

  • IUX offers a seamless and efficient account opening process, allowing traders to register quickly through a user-friendly online platform. With multiple account types available, including Standard, Standard+, Pro, and Raw, traders can choose an option that best suits their trading style. The broker also ensures a high level of security and transparency through a strict yet straightforward verification process, protecting user data while complying with regulatory standards. Additionally, the support team is available to assist traders throughout the registration process, making onboarding smooth and hassle-free.

IUX offers a proprietary mobile trading application, IUX App Trade, available for both iOS and Android devices. The app provides a user-friendly interface, allowing traders to execute trades, manage orders, and analyze market trends directly from their smartphones. It ensures real-time market access and account management on the go.

Pros

  • User-friendly and intuitive design. , Supports various technical indicators and charting tools. , Provides real-time quotes and secure trading.​ , Competitive spreads & high leverage (up to 1:3000) , suitable for all traders.

Cons

  • Limited customization options compared to the desktop version. , Relatively new broker compared to its competitors.

IUX supports the MetaTrader 5 (MT5) platform for desktop users, renowned for its advanced trading capabilities. MT5 offers comprehensive charting tools, multiple timeframes, and supports automated trading through Expert Advisors (EAs). Additionally, IUX provides a proprietary web-based platform, IUX Web Trade, accessible via any browser without the need for installation.

Pros

  • Advanced charting and analytical tools. , Supports automated trading strategies.​ , Access to a wide range of technical indicators.​ , Competitive spreads & high leverage (up to 1:3000) , User-friendly interface, suitable for all traders.

Cons

  • Requires installation and may consume significant system resources.​ , Relatively new broker compared to its competitors.

IUX offers a diverse range of trading instruments, including over 60 currency pairs (Forex), more than 120 stocks, 23+ major global indices, various commodities (such as metals and energies), and popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin. This extensive selection allows traders to diversify their portfolios across multiple asset classes.​

Is IUX a regulated and trustworthy broker?

IUX is considered one of the most reliable Forex brokers, offering a well-regulated platform with verifiable licenses. It provides excellent trading conditions, including low spreads, competitive commissions, free swaps, and zero deposit and withdrawal fees. Additionally, IUX offers a maximum leverage of up to 1:3000 and deposit bonuses with withdrawable profits, making it a highly attractive choice for traders.

Does IUX Charge Trading Fees?

IUX does not charge trading fees for Standard, Standard+, and Pro accounts. However, a trading fee of $3 per lot per side applies to Raw accounts. Additionally, IUX does not impose any deposit or withdrawal fees, ensuring cost-effective transactions for traders.

Does IUX offer a swap-free acount ?

Yes, IUX offers swap-free accounts,in all account types: Standard, Standard+, Pro and Raw. for traders who require interest-free trading in compliance with Shariah law. These accounts do not incur overnight interest (swap fees) on open positions, making them suitable for traders who follow Islamic financial principles. Traders can request a swap-free account during the registration process or by contacting customer support.