IUX Information
IUX is an ECN forex broker providing access to a massive financial market including forex, commodities, indices, shares, and cryptocurrencies. With the IUX MT5 platform, three live trading accounts are available, with the lowest required opening deposit being just $10, and traders can employ a maximum leverage of 1:3000 on their positions.
Pros & Cons
On the positive side, IUX offers access to some popular markets with competitive spreads. Plus, this broker support trading on the famous MT5 trading platform, along with various trading calculators. Another benefit is that it does not charge any fees for deposit or withdrawal.
Is IUX Legit?
IUX is operated by IUX Markets Limited, a regulated and licensed broker of international CFDs trading securities. IUX is operated under IUX Markets ZA (PTY) Ltd is authorized by the Financial Sector Conduct Authority (FSCA) in South Africa, with FSP No 53103, registered in 1st Floor Cnr Kildare Road and MA, Newlands, Cape Town, Western Cape, 7550.
IUX is also regulated by the Australian Securities & Investments Commission (ASIC) under license number 529610. As an STP (Straight Through Processing) licensed institution, IUX Markets ensures transparent and efficient order execution, providing traders with a regulated and secure trading environment in compliance with Australian financial standards.
Market Instruments
IUX allows trading on some popular and diversified financial markets, covering 60 currency pairs, 120 stocks, 23 indices, 5 cryptos, and 19 commodities. Of particular note is that this broker does not some other products like forex futures, forex options and more.
Account Types
Put simply, this platform offers three account options. The Standard account is the easiest to start with—just 10 to open,0.2 pips spreads,and no trading fees,perfect for beginners just getting started.The Pro account,aimed at more active traders,requires 500 but cuts spreads to 0.1 pips and still has no fees, helping keep costs down. For high-frequency traders, the Raw account skips spreads but charges 6 pertrade,with the same 500 minimum. All three let you trade with high leverage, use multiple platforms, and access plenty of instruments, though they just differ in fees and who theyre best for. Pick based on how often you trade and your budget.
Bonus
- Deposit bonus 35% and 25%
- Receive a maximum bonus of 35% up to $300. Receive a maximum bonus of 25% up to $3,000.
- 35% Bonuses are automatically applied with every deposit into a Standard+ account only, until the specified maximum is reached.
- A minimum deposit of $10 or more is required.
Leverage
IUX offers high leverage ratios to its clients, which can be appealing to traders looking to amplify their potential profits. The broker provides leverage up to 1:1000 for Standard Bonus accounts and up to 1:3000 for Standard and Raw accounts.
While high leverage can result in significant gains, it can also increase the potential for significant losses. Traders should exercise caution when using high leverage and ensure they fully understand the risks involved. It's worth noting that some regulatory bodies have set maximum leverage limits for brokers, and traders should check their local regulations to ensure the broker's offering is in compliance.
Spreads & Commissions
IUX offers competitive spreads and commissions on its trading accounts. The spread starts from 0.5 pips for the Standard Bonus account, 0.2 pips for the Standard account, and 0.0 pips for the Raw account. The average EUR/USD spread is 0.2 pips, which is very low compared to the industry average.
In addition, there is no commission charged for the Standard Bonus and Standard accounts, while the Raw account has to pay a commission of $3.5 per lot per side, which is also relatively low. Overall, IUX provides attractive trading conditions for traders who are looking for low-cost trading.
Trading Platforms
IUX offers the MetaTrader 5 (MT5) platform for trading, which is a popular and advanced trading platform used by many traders globally. The MT5 platform is available for download on Windows and macOS, and there is also a mobile app available for Android devices. Additionally, traders can access the platform via their web browser.
The MT5 platform is known for its user-friendly interface, advanced charting tools, and a wide range of technical indicators and trading tools. It also offers automated trading through expert advisors (EAs), which can execute trades based on pre-defined rules and strategies.
IUX App Trade: This app is perfect for those who like to trade from the convenience of their mobile device. Perfect for mobile traders who need to keep an eye on their signals and place deals as they happen.
IUX Web Trade: A user-friendly, browser-based platform that allows traders to access markets from any computer without downloading software. Perfect for those who prefer a straightforward, accessible trading experience.
Trading Tools
IUX also provides some trading tools to help traders in their analysis and decision-making. These include calculators for currency conversion, pip value, margin, swap, and profit/loss. These tools can be especially useful for beginners who are still learning about the mechanics of trading, as well as for experienced traders who want to fine-tune their strategies.
Deposits & Withdrawals
IUX offers several deposit and withdrawal options, including QR code, Neteller, Skrill, Cryptocurrencyand others.
IUX minimum deposit vs other brokers:
The minimum deposit and withdrawal amount vary on the method, for most methods, minimum deposit is $10, and minimum withdrawal is $3.
The broker does not charge any additional fees for deposits or withdrawals, but fees may be imposed by international banking institutions for certain payment methods. Deposits and withdrawals can be processed immediately or take up to 3-20 minutes depending on the payment method used.
Affiliate Program
Customer Service
IUX offers 24/7 customer support through its Help Center-FAQ section and social media platforms such as Twitter, Instagram, YouTube, and LinkedIn. However, there is no live chat or phone support available, which can be a limitation for clients who need immediate assistance with urgent matters. The lack of multiple communication channels may also suggest that the broker is not fully committed to providing top-notch customer service.
Conclusion
Overall, IUX is an online broker that offers popular products and flexible trading conditions. Most notably, it enables low-budget trading, which opens up trading to the majority of traders, particularly beginners. However, as we often warn, there are always risks associated with online trading. Therefore, traders should use caution when selecting a broker.
FAQs
Is IUX Legit?
Yes, IUX operates legally, as it is regulated in South Africa and Australia.
At IUX, are there any regional restrictions for traders?
Yes. The broker does not accept clients from Australia, Belgium, France, Iran, North Korea, Japan and the United States.
Does IUX offer demo accounts?
Yes.
Does IUX offer industry leading MT4 & MT5?
Yes. It supports MT5.
Is IUX a good broker for beginners?
IUX seems to be a solid choice for beginners, as it requires only $10 to start real trading, and demo accounts are also provided. More imporrtantly, this broker is regulated in South Africa and Australia.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors.
Mauritius
2025 SkyLine Thailand
FX3409601229
Vietnam
I placed a withdrawal order from 10:26 - October 16, 2025, but couldn't withdraw and the system kept showing 'pending'. When I asked support how long I had to wait, they didn't respond.
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Bích Phương Phan
Vietnam
I withdrew my money on 03/06/2025, and until today, 6 days have passed on 09/06/2025, but I still have not received the withdrawn amount in my bank account. I have texted the support team but have only received a response to wait. The withdrawn amount is $2666 Mt5: 1828621 Email: bichphuong6195@gmail.com
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FX1463774669
Thailand
I withdrew money from IUX but haven't received it yet. The system says the withdrawal was successful, but the money hasn't hit my account. When I reported it, they told me to wait 24 hours and report it again. After 24 hours, I reported it and they said they would send the matter to the head office and are now waiting for a response.🌀
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Officer P
Thailand
I've been using IUX for about 3 years. The system feels quite smooth, deposits and withdrawals are reasonably fast, and the interface is user-friendly without being complicated—even beginners can get the hang of it quickly. What I used to like was that they frequently offered promotions with straightforward conditions. Customer support responds fairly quickly, though there are times when the trading system lags slightly during peak usage. Overall, it's a broker that delivers on speed and simplicity in trading. The only downside now is that there are no deposit promotions, which is a bit disappointing. But overall, it's good and secure.
Positive
Beam9340
Thailand
IUX Markets is a forex broker offering various trading accounts with high bonuses and leverage. Its key strengths are easy account opening and fast deposits/withdrawals through Thai banks. However, it has regulatory limitations as it is not registered with Tier 1 organizations. Investors should thoroughly study the risks before actual use.
Positive
Ba_Er
Indonesia
My withdrawal has been pending for over 10 days since March 31st. When I complained on their chat platform, they only told me to wait for an email from iux support. After receiving an email from iux support, I was only told to wait again without any clarity. Despite repeated emails, the answers remain the same with no updates on my withdrawal. I've requested to withdraw $1140.
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FX3971696058
Indonesia
I made a withdrawal request with this IUX broker, but the status is still pending after four days. I've contacted their live chat and support daily, but they always say the same thing - to wait for 24 hours. However, it's been over 4 days and the withdrawal status is still in pending. What's going on?!!
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FX1364007364
Indonesia
Unable to withdraw any money including own capital,,,shit scam and fraud
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Ronit_019
India
they are again scamming me they never give withdrawals again they scammed me sent success notifications for withdrawal but its not arrived into my bank account yet
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FX1309014346
Thailand
Deposit cryptocurrency as 58 USDT. The money did not enter the trading account. Contact support and request the transfer slip with the TXID number. I have sent all the information and notified that they will contact me back. After checking, I have been depositing money since 27/2/2025 at 21:54. So far, when I emailed to inquire, they replied that they will contact me back. Very bad.
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Inas Henni
Algeria
The platform was disabled during the transaction
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Ronit_019
India
withdrawal not given since 15 days
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FX2547671089
Indonesia
I am very disappointed with this broker's service. I experienced a very unreasonable difference in order closing prices. I closed the Buy position at the price of 2677.11, but the broker actually closed it at the price of 2676.77, even though market conditions at that time were stable without significant fluctuations. This caused my balance to decrease unfairly to the point of experiencing losses. When I submitted a complaint and included evidence, my complaint was ignored and only given general reasons such as slippage, without any attempt to explain or prove the matter in detail. As a broker that claims to use a Market Execution system, transparency and accuracy in price execution are very important. However, this experience shows indications of practices that are detrimental to customers. I do not recommend this broker to anyone. If you prioritize honesty and transparency, you should look for another broker who is more trustworthy.
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Ronit_019
India
withdrawal are pending since 7 days they say it ll not take more then 5-15 minutes or 24 hours totally fraud not giving my withdrawals and no reply on emails
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Phan Thanh Tâm
Vietnam
Registration email: thanhtamphan1221@gmail.com Wallet ID: 1812431 Currently, I am trading at IUX. However, when I requested to withdraw money to my bank account, IUX stated that it would be processed within 24 hours, but it has been more than 24 hours and the money has not been transferred to my bank account. In the message notification board, it says that it is being reviewed. I contacted support, but I keep receiving requests to wait. I am very worried and afraid of losing money, and I don't know how long I have to wait. The withdrawal time was 17/12/2024 16:19 and until today, 19/12/2024, it is still under review.
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Ronit_019
India
worst broker they do not even reply in the email withdrawal is pendig since 5 days.
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Cao Anh Chung
Vietnam
I am currently trading at iux. However, I deposited money with Cryto, but when I withdraw, there is no cryto, and I have to withdraw to the bank, but it has been more than 24 hours and I still haven't seen the money transferred. In the message notification table, it says it is being reviewed. I have contacted support but still keep receiving requests to wait. I feel anxious and don't know how long to wait. The withdrawal time is from 21:00 on December 9, 2024, and today is December 11, 2024, and I still see the status as under review. I hope to receive support.
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Sugeng Priatno
Indonesia
I I I was I was make deposit on iux use methode e-payment amount 486.08 usdt network bep20 with TxId: 0x6eb6ea02bc1c65a4b5a26a252b999ad8c84666ee097b83d04c15329df77ba7aa Every people can check on the blockchain was successed and i confirm to customer service at binance say the transaction was completed. But until now over 17 hours still not done to my mt5: 1790964 I was contac cs and support but still now it's not fix it
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Ronit_019
India
my withdrawal is pending its been 5 days
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damki
Laos
ຝາກເງິນບໍ່ເຂົ້າທີມງານບໍ່ຊວ່ຍເຫຼືອ
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