IUX Markets, established in 2017, has rapidly grown into a prominent name, particularly among traders in the Asia-Pacific region, including those focused on forex trading India. Known for offering exceptionally high leverage (up to 1:3000) and highly competitive raw spreads, the broker positions itself as a destination for volume traders and those seeking high-risk, high-reward trading environments. However, our comprehensive IUX review 2026 focuses heavily on dissecting the broker’s regulatory foundation and true trading costs to determine if it is a legitimate and safe choice for serious retail traders.
As an expert financial analyst, we dive deep into IUX’s operational structure, analyzing everything from its execution quality and platform features (MT4/MT5) to its deposit/withdrawal transparency and customer support reliability. Transparency regarding its offshore status and the potential risks involved is crucial for any unbiased forex broker review.
IUX Safety and Regulation Analysis
When assessing any broker, the foundational pillar is regulatory oversight. This is where IUX Markets presents a common dilemma for retail traders. IUX Markets Ltd. is registered in Saint Vincent and the Grenadines (SVG) under registration number 26189 BC 2020. The Financial Services Authority (FSA) of SVG registers International Business Companies (IBCs) but does not supervise or regulate forex trading activities, nor does it provide protective frameworks like segregated accounts or compensation schemes.
Is IUX a Scam or Legit? Our Expert Opinion
While IUX is a functional brokerage that utilizes standard MT4/MT5 platforms and generally processes withdrawals, its regulatory status significantly impacts its safety rating. The lack of robust Tier-1 regulation (such as FCA, ASIC, or CySEC) means that trader funds do not benefit from mandated capital requirements, external dispute resolution, or governmental oversight designed to protect against broker insolvency or malpractice.
For high-volume traders who prioritize low trading fees and high leverage over regulatory security, IUX offers advantages. However, for the average retail investor, especially those seeking long-term security, the high-risk environment associated with a non-supervised offshore entity cannot be overstated. We conclude that IUX is operationally legitimate but structurally high-risk due to its lack of stringent regulation.
IUX BrokerJudge Rating Breakdown (6.8/10)
Our rating system evaluates brokers across five critical dimensions. IUX performs strongly in areas relating to trading costs and leverage but significantly weaker in terms of regulatory security.
| Category | Score (1-10) | Rationale |
|---|---|---|
| Safety and Regulation | 4.0 | Registered in SVG (FSA), which provides registration but no regulatory oversight for Forex. High counterparty risk. |
| Trading Costs (Spreads & Commission) | 8.5 | Excellent starting spreads (0.0 pips) and competitive commissions on Raw/Zero accounts. |
| Platforms and Tools | 8.0 | Reliable access to MT4 and MT5, offering necessary tools and compatibility with EAs and robots. |
| Account Variety & Minimums | 9.0 | Low minimum deposit ($10) and wide range of account types (Cent, Standard, Raw, Pro). |
| Deposits and Withdrawals | 7.5 | Broad localized payment methods (crucial for forex trading India and Asia); generally fast processing, but relying on local methods increases complexity. |
Pros and Cons of Trading with IUX
IUX Advantages (Pros)
- Extremely High Leverage: Offers up to 1:3000, attracting aggressive traders.
- Competitive Trading Fees: Raw spread accounts start at 0.0 pips, leading to very low effective trading costs.
- Low Barrier to Entry: Minimum deposit is just $10, making it accessible to novice traders.
- Platform Choice: Support for industry standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
- Localised Payments: Extensive support for local bank transfers and e-wallets, simplifying funding for regional clients.
- Trading Strategies: Full support for scalping, hedging, and EAs/Robots.
IUX Disadvantages (Cons)
- Weak Regulatory Environment: SVG FSA registration offers minimal client protection or oversight.
- High Trading Risk: The 1:3000 leverage amplifies potential losses significantly.
- No Investor Compensation: Funds are not protected by a governmental scheme in the event of broker failure.
- Limited Education: Educational resources are basic compared to highly regulated global brokers.
IUX Account Types Review
IUX Markets offers five distinct account types designed to cater to different trading styles, from micro-volume entry-level traders to professional, high-frequency scalpers.
Standard Account
The Standard Account is the primary offering, suitable for most beginner and intermediate traders. It features a $10 minimum deposit, competitive variable spreads (starting from 1.2 pips), and zero commission. Leverage can be extended up to 1:3000.
Cent Account
Ideal for beginners or those testing strategies. The Cent Account allows trading with micro-lots (measured in cents) with a minimum deposit of $10. This minimizes financial risk while providing real market practice.
Pro Account
A step up from Standard, the Pro Account offers slightly tighter spreads (starting from 0.8 pips) and zero commission. It requires a slightly higher minimum deposit but is still designed for accessible, commission-free trading.
Raw Account
The Raw Account is designed for scalpers and algorithmic traders who require the absolute minimum latency and trading fees. Spreads start from 0.0 pips, but a commission of approximately $7 per lot round turn applies. This account offers the true ECN (Electronic Communication Network) environment claimed by IUX.
Zero Account
Similar to the Raw Account, the Zero Account aims for 0.0 pip spreads on major currency pairs, often relying heavily on commission revenue. It’s crucial for traders to compare the combined cost (spread + commission) of the Raw and Zero accounts to find the most cost-effective solution for their volume.
All accounts support Islamic (Swap-Free) settings upon request, catering to traders who require Sharia-compliant trading conditions.
Spreads, Commissions, and Trading Fees
One of IUX’s primary competitive advantages is its aggressive pricing structure, which is typical of offshore brokers aiming to attract high-volume clients with low trading fees.
Non-Trading Fees
IUX generally boasts a transparent fee schedule with no stated inactivity fees and no deposit or withdrawal fees charged directly by the broker. However, traders must be aware that third-party payment processors or corresponding banks may impose their own transfer charges, particularly for international wire transfers.
Commission Structure Comparison
| Account Type | Min. Spread (Pips) | Commission (Per Lot RT) | Suitable For |
|---|---|---|---|
| Standard/Pro | 0.8 – 1.2 | $0 | Beginners, Swing Traders |
| Raw/Zero | 0.0 – 0.2 | $6 – $7 | Scalpers, EA Traders, High Volume |
The average spread on the EUR/USD pair in the commission-free Standard account typically hovers around 1.5 pips. When trading high volume, the Raw account, despite the commission, often yields a lower effective cost, aligning with genuine ECN forex broker review standards.
Trading Platforms: MT4 and MT5
IUX provides access to the two most popular and reliable trading platforms in the retail Forex industry: MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
MetaTrader 4 (MT4)
MT4 remains the platform of choice for millions of forex traders globally, valued for its stability, vast library of Custom Indicators, and Expert Advisors (EAs/Robots). IUX offers MT4 across desktop, web, and mobile versions, ensuring seamless connectivity and execution for news trading, scalping, and automated strategies.
MetaTrader 5 (MT5)
MT5 is the newer, more powerful successor, offering enhanced charting tools, more timeframes, and greater analytical depth. Crucially, MT5 allows trading not only Forex and Metals but also exchange-traded instruments like stock CFDs and indices, providing IUX clients with broader market access.
The broker maintains servers in key financial hubs, including London (LD4/Equinix), to ensure low latency and fast execution speeds, which is paramount when trading with high leverage.
Deposits and Withdrawals Review
IUX excels in providing localized payment solutions, a feature highly valued in regions such as Southeast Asia and India. The minimum deposit is set at a highly accessible $10 across most methods.
Deposit Methods
Methods include major credit/debit cards (Visa/Mastercard), international bank wire transfers, and popular e-wallets such as Skrill, Neteller, FasaPay, and Perfect Money. Of particular note are the local deposit/withdrawal agents and local bank transfers, which facilitate quick, often fee-free funding for regional clients, supporting those engaging in forex trading India.
Withdrawal Process
IUX aims to process withdrawals swiftly, often within 24 hours for e-wallets. The speed of bank transfers is highly dependent on the receiving bank’s processing times. We did not find widespread reports of deliberate withdrawal delays, suggesting the operational aspect of the broker is sound. However, due to the regulatory status, traders must ensure KYC documentation is fully verified before requesting a withdrawal.
Trading Instruments Offered by IUX
IUX provides a diversified array of trading instruments, although its primary focus remains on currency pairs and metals.
- Currencies (Forex): 50+ major, minor, and exotic currency pairs.
- Metals: Gold (XAU/USD) and Silver (XAG/USD) offered with highly competitive leverage.
- Indices: Major global indices available as CFDs (e.g., S&P 500, FTSE, DAX).
- Energies: Crude Oil (WTI/Brent) and Natural Gas CFDs.
- Cryptocurrencies: A selection of major crypto-to-fiat pairs (e.g., BTC/USD, ETH/USD).
- CFDs: A growing number of stock CFDs available through the MT5 platform.
User Experience, Support, and Tools
The overall user experience with IUX is straightforward, largely driven by the familiarity of the MT4/MT5 platforms. The client portal is intuitive for managing accounts, deposits, and withdrawals.
Customer Service
IUX provides 24/5 customer service via live chat, email, and telephone. Crucially for its target audience, support is available in multiple languages, including English, Thai, Vietnamese, and Malay. Testing confirmed prompt, professional responses, typical of brokers striving for high client acquisition in competitive markets.
Advanced Trading Tools
IUX supports advanced trading techniques, including:
- Scalping and Hedging: Fully allowed across all account types.
- MAM Functionality: Available for fund managers wishing to manage multiple accounts simultaneously.
- Copy Trading: Integrated solutions for social trading and signal following are provided through MT4/MT5 features.
IUX vs. Regulated Competitors
To put IUX’s offerings into perspective, we compare it against a hypothetical Tier-1 regulated broker (e.g., FCA regulated) and another popular offshore competitor.
| Feature | IUX (FSA/SVG) | Tier-1 Regulated Broker | Offshore Competitor B |
|---|---|---|---|
| Max Leverage | 1:3000 | 1:30 (Europe/Australia) | 1:1000 – 1:2000 |
| Min. Spread (EUR/USD) | 0.0 pips (commission) | 0.8 pips (commission/spread) | 0.2 pips (commission) |
| Safety & Oversight | Minimal (Registration only) | Excellent (Investor Protection) | Minimal to moderate |
| Target Market | Asia-Pacific, India | Global, Europe | Global, Developing Markets |
IUX Review 2026: Final Expert Verdict
IUX Markets is a high-leverage, low-cost offshore broker primarily targeting high-volume traders in the Asian market. The broker’s operational reliability—evidenced by the use of MT4/MT5, competitive spreads (0.0 pips), and efficient localized payment processing—earns it a respectable 6.8/10 Broker Judge Score.
However, the crucial mitigating factor remains the registration with the SVG FSA. While this structure allows IUX to offer the attractive 1:3000 leverage and highly flexible trading conditions, it simultaneously exposes clients to significant regulatory risk. There are no robust mechanisms to protect client funds should the broker face financial difficulty.
Recommendation: Traders must weigh the benefit of exceptionally low trading fees and high leverage against the inherent risk of trading with a minimally regulated entity. IUX is suitable only for experienced traders who are fully aware of the counterparty risk involved and can manage the extreme volatility enabled by 1:3000 leverage. For beginners or risk-averse investors, choosing a broker with Tier-1 regulation is strongly advised, even if it means sacrificing high leverage.
Frequently Asked Questions (FAQs) about IUX
H3: 1. Is IUX Markets regulated and safe?
IUX Markets is registered with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. This registration confirms its status as an International Business Company but does not constitute regulatory oversight of its forex activities or client fund protection. Consequently, IUX is considered a high-risk broker from a regulatory safety standpoint.
H3: 2. What is the maximum leverage offered by IUX?
IUX Markets offers a remarkably high maximum leverage of 1:3000 on major currency pairs, which is a major draw for aggressive traders but significantly increases the potential for large losses.
H3: 3. What is the minimum deposit required to open an IUX account?
The minimum deposit for most IUX account types, including the Standard and Cent accounts, is a highly accessible $10 USD.
H3: 4. Does IUX charge a commission on trades?
IUX offers commission-free trading on its Standard and Pro accounts. However, its most competitive accounts (Raw and Zero) charge a commission, typically around $6–$7 per standard lot round turn, in exchange for raw spreads starting from 0.0 pips.
H3: 5. Which trading platforms does IUX support?
IUX supports the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, available on desktop, web, and mobile devices.
H3: 6. Is scalping allowed on IUX?
Yes, IUX explicitly allows all trading strategies, including scalping, hedging, and the use of Expert Advisors (EAs/Robots), particularly on the low-latency Raw and Zero accounts.
H3: 7. Are IUX withdrawal fees high?
IUX does not charge internal withdrawal fees. However, third-party payment processors or corresponding banks may impose their own fees, particularly for non-local bank wires.
H3: 8. Can I trade cryptocurrencies on IUX?
Yes, IUX offers CFD trading on several major cryptocurrency pairs, such as BTC/USD and ETH/USD, via the MT4 and MT5 platforms.
H3: 9. Is IUX a good choice for forex trading India?
IUX is highly popular among traders in India and the Asia-Pacific region due to its support for local deposit methods and high leverage. However, Indian traders must be aware of both local regulations concerning overseas forex trading and the inherent regulatory risks of the offshore broker itself.
H3: 10. Does IUX offer a Demo Account?
Yes, a free Demo Account is available for new users to test the platforms and trading conditions without risking real capital. The demo environment aims to mimic live market conditions closely.
H3: 11. Does IUX offer copy trading or social trading?
Yes, IUX provides access to copy trading functionalities, often integrated within the MT4/MT5 signal systems and potentially through proprietary social trading solutions.
H3: 12. What are the IUX margin call and stop out levels?
IUX maintains a Margin Call level at 80% and a Stop Out level at 50%, meaning positions are automatically liquidated if the equity drops to 50% of the required margin.
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