IUX at a glance
Founded in 2016, IUX (formerly operating commercially as IUX Markets) is an international multi-asset online retail forex and CFD brokerage. The broker operates through multiple regulatory jurisdictions, including oversight from the Financial Services Commission of Mauritius (FSC License No. GB22200605 via IUX (MU) Ltd), the Financial Sector Conduct Authority of South Africa (FSCA FSP No. 53103 via IUX ZA (Pty) Ltd), and the Australian Securities and Investments Commission (ASIC License No. 529610 via IUX AU Pty Ltd), alongside international operations through St. Vincent and the Grenadines. IUX provides low-latency STP market execution across forex currency pairs, equity index CFDs, precious metals, energy commodities, cryptocurrencies, and shares with leverage scaling up to 1:3000 via MetaTrader 5 (MT5), proprietary mobile apps, and WebTrader.
IUX reports a founding year of 2016 and a head office in Ebene 72201, Mauritius. It lists 4 regulators and 9 trading platforms.
BrokerBazaar verdict
IUX (formerly IUX Markets) is an international retail forex and CFD broker founded in 2016. While affiliated with entities authorized by ASIC in Australia (AFSL 529610) and FSCA in South Africa (FSP 53103), its primary retail client base is contracted through its Mauritius FSC (GB22200605) and SVG registrations. Offering dynamic leverage up to 1:3000 and MT5 execution, it mitigates offshore risk via The Financial Commission membership, but retains moderate counterparty risk due to the absence of direct statutory deposit insurance.
Legal entities, regulation and licences
IUX operates through 3 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by at least one strict-tier regulator.
Licence check: Not independently checked. This broker has submitted its details. BrokerBazaar has not yet independently checked them. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.
Countries accepted and restricted
IUX states that it accepts clients from International availability across Asia, Africa, Middle East, and Latin America (Strictly excluding the United States, Canada, European Union retail, United Kingdom, Japan, and sanctioned jurisdictions). Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.
Trading products, platforms and account types
Instruments: Forex Pairs (Major, Minor, Exotics), Equity Indices, Precious Metals (Gold, Silver), Energy Commodities, Cryptocurrency CFDs, Share CFDs. Platforms: MetaTrader 5 (MT5 Desktop), MT5 WebTrader, MT5 Mobile (iOS / Android), IUX Trade App, IUX Terminal, IUX App, Web terminal, MT5, API access. Account types: Standard Account, Standard Bonus Account, Raw Account, Pro Account, Islamic Swap-Free Account, Demo Account.
Best-for tags assigned by our team: High Leverage (1:3000), Raw ECN Spreads, Low Minimum Deposit, MetaTrader 5, Scalping, Day Trading, Automated EA Trading, Dynamic Margin.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is $10 ($10 / $30 baseline initial deposit on Standard and Standard Bonus accounts; $200 on Raw and Pro account tiers). Spreads start from 0.0 pips and commission is None (standard) · $0 (raw). Maximum leverage is Up to 1:3000 (by entity) (dynamic), subject to the cap of the entity that holds your account.
Swap-free / Islamic account: available (yes). Swap type: variable. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.
Deposits and withdrawals
Deposit methods: Credit Card, Debit Card (Visa / Mastercard), Bank Wire Transfer, Cryptocurrencies (USDT, BTC), Local Asian/African Bank Transfers, E-Wallets. Withdrawal methods: Bank Wire Transfer, Credit / Debit Card, Cryptocurrencies, E-Wallets, Local Bank Transfers.
Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.
Execution model, negative balance protection and client money
Negative balance protection: Yes. Scalping allowed: Yes. Algorithmic trading allowed: Yes. News trading allowed: Yes. Hedging: hedging. These conditions were compiled from public information and have not yet been confirmed by the broker.
Client-money rules follow the regulator of the entity that holds your account: FSCA: Client funds should be held separately from company funds. Compensation: No central compensation scheme. ASIC: Held in segregated client trust accounts under the Corporations Act. Compensation: No central scheme; AFCA handles disputes.
Complaints and dispute process
Formal complaints: compliance@iux.com. Phone: +357 25 247681. Customer complaints are formally processed by the Legal and Compliance Department of IUX at Ebene Cybercity, Mauritius. To provide an external avenue of dispute handling for international clients, IUX maintains membership with The Financial Commission, an independent non-governmental external dispute resolution (EDR) organization. Eligible retail claims submitted through The Financial Commission can access a Compensation Fund providing coverage up to €20,000 per complaint. Client deposits are held in segregated bank accounts separated from the broker's operating capital. However, because international retail accounts operate under Mauritius FSC and offshore arrangements rather than direct domestic European or UK regulators, clients do not benefit from statutory government investor compensation schemes (such as the UK FSCS or Cyprus ICF) in the event of broker insolvency.
If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.
Strengths and limitations
- Strength: Ultra-high dynamic leverage scaling up to 1:3000 on major currency pairs for international accounts
- Strength: Full platform support across the complete MetaTrader 5 (MT5) ecosystem and proprietary mobile apps
- Strength: Competitive raw pricing starting from 0.0 pips paired with a standard $6-$7 round-turn commission
- Strength: Accessible barrier to entry with low baseline minimum deposits starting from $10 to $30
- Strength: External dispute resolution and dispute coverage up to €20,000 via The Financial Commission membership
- Limitation: Primary global retail trading volume is onboarded offshore (Mauritius FSC / SVG) without Tier-1 protection
- Limitation: Australian ASIC entity does not accept standard online retail onboarding from international clients
- Limitation: No statutory government investor compensation scheme protection (such as the UK FSCS or Cyprus ICF)
- Limitation: Educational materials, platform market research, and daily market analysis tools are very basic
- Limitation: Retail onboarding is unavailable to residents of the United States, United Kingdom, and the European Union
Who this broker suits, and who it does not
IUX is most relevant to traders looking for: High Leverage (1:3000), Raw ECN Spreads, Low Minimum Deposit, MetaTrader 5, Scalping, Day Trading, Automated EA Trading, Dynamic Margin.
It is less suitable for anyone who needs a strict-tier regulator in their own country of residence but would be onboarded by an offshore entity, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.
IUX change history
Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.
No fact changes recorded for IUX yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about IUX
Data sources. Broker submission, the regulator registers linked above, FSA Seychelles register; iux.com regulation page, web-archive and domain records, and third-party traffic data. Last register check 2026-10-12. External ratings: Trustpilot 4.1/5.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We may receive a referral fee if you open an account with IUX through our links; this never affects scores or verification. How we make money. Trading leveraged products carries a high risk of loss.