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IUX review

FSC (Mauritius)FSCA (South Africa)
6.8/10

IUX scores 6.8 out of 10 on our table, regulated by Mauritius FSC among others. It offers spreads from 0.0 pips, a $50 minimum deposit and MetaTrader 5, IUX WebTerminal, IUX Trade App. This review covers who oversees it, what trading actually costs, and where the compromises sit.

Last checked

Minimum deposit
$50
Spread from
0.0 pips
Max leverage
1:3000
Currency pairs
120+
Instruments
120+
Founded
2016

Our rating

IUX scores 6.8 out of 10 on our table. That figure is an average of six things we assess, and it hides the shape of the broker: its strongest area is costs at 9.4, its weakest is education at 2.8. Whether that gap matters depends entirely on which of the six you were going to use.

Regulation and safety7.7/10

IUX lists its authorisations as Mauritius FSC; South Africa FSCA; additional group registrations/licences. Those are offshore authorisations. Offshore licensing is not a synonym for dishonest, but it does mean lighter reporting, higher permitted leverage and, usually, no compensation scheme - the trade is protection for flexibility.

The licence that matters to you is the one held by the entity that opens your account, and at a multi-entity broker that is decided by your country of residence. Its registration can be checked directly on the Mauritius FSC register, IUX Markets (MU) Ltd. It is a two-minute check and it is the only way to confirm that the firm taking your deposit is the firm named on the website.

Client money is held separately from the firm's own funds - so that if the business fails, client balances are not part of what its creditors can reach. Negative balance protection applies, so a gap through your stop cannot leave you owing the broker money.

No statutory compensation scheme stands behind it. If the firm fails, recovering client money is an insolvency process rather than a claim - which is the practical difference between an offshore licence and a tier-one one.

IUX does not accept clients from Australia, Canada, Japan, Malaysia, Ukraine, UK, US, EU member states; no new Thai clients. Restriction lists move, so confirm your own country before you spend time on an application.

What it costs to trade9.4/10

IUX advertises spreads from 0.0 pips. Commission is $7 round turn, Raw, charged on top of the spread rather than instead of it - which is the normal arrangement on a raw account and the reason its quoted spread can be so low.

An advertised minimum is the best price a broker has ever quoted, not the price you will get. On our record its measured average on EUR/USD is 0.8 pips Standard, as at 6 July 2026, and 0.9 pips Standard, as at 6 July 2026 on GBP/USD. Spreads are variable, so they move with liquidity and widen around releases and the daily rollover.

Positions held overnight accrue a swap, and swap-free accounts are available for clients who need them. Currency conversion applies where your account and the instrument use different currencies, which is a charge worth avoiding by funding in the currency you actually trade.

Platforms and tools8.4/10

IUX runs MetaTrader 5, IUX WebTerminal, IUX Trade App. MetaTrader 5 without MetaTrader 4 is worth noting if you are bringing existing software - two decades of expert advisors are written in MQL4 and none of them will run here.

Automation is supported: yes. There is API access (not prominently offered as a standard retail feature) for anyone connecting their own software. Copy trading is available through not a major current feature, which is the alternative to writing rules yourself.

Charting runs to 80+ on MT5. Additional tools include metaTrader 5. On mobile: IUX Trade App + MT5.

Markets, leverage and execution7.2/10

IUX covers Forex, Commodities, Stocks, Indices, Cryptocurrencies, Thematic Indices. That comes to 120+ instruments in total. On the currency side specifically it lists 120+ pairs. Breadth is worth less than depth in the markets you actually trade - a hundred instruments priced well beats a thousand you will never open.

Leverage runs to 1:3000 on the entity that offers most. That does not improve your expected return; it lowers the deposit a given position requires, and shortens the move needed to close you out. Whatever the headline, the number that governs your position is the margin requirement on the specific instrument - it is always lower on shares and crypto than on major currency pairs.

Execution is market execution / multi-liquidity-provider pricing, routing orders to external liquidity rather than pricing them internally. Measured speed is ultra-low latency advertised. Its servers sit in london and Asia-Pacific, which is what determines latency more than any software choice.

Order types available: market, limit, stop, trailing stop and MT5 pending orders. Stops and limits are table stakes; what separates platforms is whether the ones you rely on are there and how quickly they can be modified once a position is open.

Accounts

Account types run to standard, Pro, Raw, Demo. The minimum deposit is $50. The smallest position it will take is 0.01 lots, which is what actually governs how precisely you can size risk on a small account.

A demo account is available, which is the cheapest way to find out whether the platform suits you. Swap-free Islamic accounts are offered.

Deposits and withdrawals

Deposits can be made by credit/debit cards, bank transfers, e-wallets and regional payment methods.

Withdrawals go out by bank transfer, cards, e-wallets and supported local methods. The minimum withdrawal is $10. Check the withdrawal routes rather than the deposit ones. They are frequently not the same list, anti-money-laundering rules usually require funds to return the way they came, and the difference only becomes apparent at the point you want your money back.

Local payment methods include yes, country-dependent - which matters more than it looks if you are outside the broker's home market, since an international wire is slow and expensive compared with a domestic transfer.

Support and education5.3/10

Support runs 24/7. That is worth more than it sounds on a leveraged account: markets gap at inconvenient hours, and a position you cannot get help with is a position you carry until somebody answers. You can reach them by live chat, Help Centre, online support. Live chat typically answers in available. Support is offered in multilingual.

Its education is substantial - educational articles and trading guides - which is the difference between a broker that will teach you and one that will simply take the deposit. Research output covers market information, analysis and educational content.

The company behind the brand

The company behind the brand is IUX Markets Limited. It operates from International. It has been trading since 2016, so there is about 10 years of record to look at.

It is independently owned rather than part of a larger group. It is privately held, so its finances are not published the way a listed group's are. Headcount is in the Approx. 200-500 range.

You may also see it under IUX. Brands and legal entities rarely map one to one in this industry, and the name on the website is not always the name on the client agreement.

Ready to open an account?

If IUX looks like the right fit, you can open an account directly. If you are still weighing it up, our questionnaire will rank all 100 brokers against your own answers in about 30 seconds.

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Questions people ask about IUX

Can I open an account with IUX from my country?

IUX does not accept clients from Australia, Canada, Japan, Malaysia, Ukraine, UK, US, EU member states; no new Thai clients. Anywhere else, the entity you are onboarded to depends on where you live, and that decides your leverage cap and what protection you have.

What is the smallest amount I can withdraw from IUX?

IUX sets a minimum withdrawal of $10. It matters more than it looks on a small account, because a balance below the minimum cannot be taken out without closing the account.