IUX review

Spread from

0.0 pips

EUR/USD spread

0.8 pips Standard, as at 6 July 2026

GBP/USD spread

0.9 pips Standard, as at 6 July 2026

Commission

$7 round turn, Raw; $0 on Standard and Pro

Spread type

Variable

Overnight swap

Swap-free available across all account types

Deposit fee

Free

Withdrawal fee

Free

Currency conversion

Applicable where required

Cost is where brokers in the same regulatory bracket actually differ.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

IUX lists a minimum deposit of $50. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Markets

Forex, Commodities, Stocks, Indices, Cryptocurrencies, Thematic Indices

Currency pairs

120+

Total instruments

120+

Crypto CFDs

Yes

Maximum leverage

1:3000

Execution model

Market execution / multi-liquidity-provider pricing

Execution speed

Ultra-low latency advertised; no reliable universal figure

Order types

Market, limit, stop, trailing stop and MT5 pending orders

Servers

London and Asia-Pacific

Leverage up to 1:3000 is available on this entity. High leverage does not increase your expected return - it increases position size for the same deposit, and shortens the move needed to close you out.

IUX covers forex, commodities, stocks, indices, cryptocurrencies, thematic indices. A wider range matters less than depth in the instruments you actually trade.

Funding options: credit/debit cards, bank transfers, e-wallets and regional payment methods. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.

Platforms

MetaTrader 5, IUX WebTerminal, IUX Trade App

Own platform

Yes

Mobile app

IUX Trade App + MT5

Browser trading

Yes

Automated trading

Yes

Copy trading

Not a major current feature

Indicators

80+ on MT5

Third-party tools

MetaTrader 5

API access

Not prominently offered as a standard retail feature

MetaTrader 5 handles more asset classes and order types than MT4, but expert advisors are not compatible between the two - an MT4 EA will not run on it.

Regulated by

Mauritius FSC; South Africa FSCA; additional group registrations/licences

Regulator tier

Tier 2

Register entry

Mauritius FSC register, IUX Markets (MU) Ltd

Client money segregated

Yes

Negative balance protection

Yes

Compensation scheme

No FSCS-style statutory compensation scheme for primary international clients

Audited by

Not prominently disclosed

Not available to

Australia, Canada, Japan, Malaysia, Ukraine, UK, US, EU member states; no new Thai clients

Across a hundred brokers, the licence is what separates the field fastest.

IUX's licence is offshore (FSC). Offshore entities typically offer higher leverage and lighter reporting, and compensation schemes do not apply - the trade-off is protection, not price.

The FSCA licenses derivative providers in South Africa without a fixed retail leverage cap, so headline leverage is often higher than an FCA or ASIC entity may offer.

An FSC licence (Mauritius or Belize, depending on the entity) is an offshore authorisation with lighter reporting duties than a tier-one regulator.

Client money is held separately from the firm's own money. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.

Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.

Covered by No FSCS-style statutory compensation scheme for primary international clients, which pays eligible clients up to its limit if the firm fails owing client money.

Check the licence yourself: the Mauritius FSC register of licensees, the FSCA list of regulated entities.

Minimum deposit

$50

Account types

Standard, Pro, Raw, Demo

Islamic account

Yes

Demo account

Yes

Minimum trade size

0.01 lots

IUX runs 4 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.

The smallest position is 0.01 lots. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.

A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.

Deposit methods

Credit/debit cards, bank transfers, e-wallets and regional payment methods

Withdrawal methods

Bank transfer, cards, e-wallets and supported local methods

Minimum withdrawal

$10

Local payment methods

Yes, country-dependent

Withdrawal routes: bank transfer, cards, e-wallets and supported local methods. Money is usually returned by the route it arrived on, so the deposit method you pick is in effect the withdrawal method you are picking too.

The minimum withdrawal is $10 - relevant if you intend to fund the account lightly, since it sets the smallest amount you can take out at a time.

Support hours

24/7

Contact channels

Live chat, Help Centre, online support

Languages

Multilingual

Telephone

N/A

Email

N/A

Live chat response

Available

Education

Extensive educational articles and trading guides

Research

Market information, analysis and educational content

Support runs 24/7. Round-the-clock cover matters more than it sounds: a position held over a weekend or through an unexpected halt is exactly when you need somebody to answer.

Reachable by live chat, help centre, online support. A published telephone number is the one channel that is hard to fake and hard to ignore, so whether there is one says more than the number of channels does.

Languages: Multilingual. Being able to raise a complaint in your own language is worth more than it appears, because complaints are where precision matters most.

Education: extensive educational articles and trading guides. Treat broker-published material as an introduction rather than as advice - it is produced by a firm whose revenue rises when you trade more.

Legal entity

IUX Markets Limited

Headquarters

International

Founded

2016

Publicly listed

No

Parent company

Independent

Employees

Approx. 200-500

Also trades as

IUX

IUX is roughly 10 years old. Younger is not worse, but there is less public record to judge it on, so the licence and the protections carry proportionally more weight.

The contracting entity is IUX Markets Limited. This is the company you would actually have a relationship with, and it is worth checking that it is the same one named on the licence you are relying on: large brokers commonly operate several, and they are not equally protected.

Part of Independent. A parent adds resources, but the protections that apply to you are the ones attached to the entity that holds your account, not to the group.