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IUX Markets group includes 4 related companies.
IUX Markets AU - located in Australia, regulated by the Australian Securities and Investments Commission (ASIC).
IUX Markets SA - located in South Africa, regulated by the Financial Sector Conduct Authority (FSCA).
IUX Markets SVG - legally registered entity located in Saint Vincent and the Grenadines, but not regulated by any government agency.
IUX Markets MU - located in Mauritius, regulated by the Financial Services Commission (FSC).
IUX Markets accepts clients from all over the world, excluding USA, Australia, Belgium, France, Japan, Iran, North Korea and some other countries.
Forex broker offers the following underlying assets for trading.
| 40+ Currency Pairs | Based on major and minor world currencies. |
| 20+ Crypto Pairs | Based on various prominent coins and tokens. |
| 10 Indice CFDs | Based on baskets of different blue-chip stocks and US Dollar Index. |
| 2 Metal CFDs | Based on Gold and Silver. |
| 3 Energy CFDs | Based on Crude Oil (WTI, Brent) and Natural Gas. |
| 50+ Stock CFDs | Based on shares of top-rated US companies. |
IUX Markets is a forex broker registered in Australia, South Africa, Mauritius, Saint Vincent and the Grenadines; with an additional physical office in Cyprus. Like other forex brokers with offshore entities, IUX Markets is not over-regulated by government institutions in offshore zones. Because of this, the broker is able to offer more flexible trading conditions than most only “onshore” brokers, such as ultra-high trading leverage of up to 1:3,000.
IUX Markets was first registered in 2016, making it a relatively old player in the industry. Nevertheless, the broker stays up to date on new developments, which is seen for instance through its openness to crypto deposits and withdrawals.
One aspect that makes IUX stand out from other forex brokers we have evaluated is the custom-made IUX Web Trader platform. This platform works directly in the web browser without a need to download anything, and is equipped with user-friendly charts from TradingView. This makes the platform easy to use without any clutter in the interface, while also being advanced enough even for experienced traders who need access to a broad range of trading tools. Notably, the same platform is also available as a mobile app for Apple and Android devices.
In addition to the Web Trader platform, IUX also supports the classic MetaTrader 5 (MT5) platform. As usual, MT5 is available in a downloadable version for Windows and Mac computers, as well as in a web version and as mobile apps for Apple and Android.
In terms of assets available for trading, IUX Markets offers something for everyone. That includes all of the most commonly traded forex pairs, more than 20 cryptocurrency pairs, 10 stock indices, a handful of popular commodities, and more than 50 single stocks listed in the US.
All of the assets can be traded on either one of four available trading accounts:
– Standard, with commission-free trading and spreads from 0.2 pips
– Standard+, with commission-free trading and spreads from 0.5 pips
– Raw, with fixed commissions on trades and spreads from 0.0 pips
– Pro, with commission-free trading and spreads from 0.1 pips
Accounts can be funded through a whole range of payment methods, including bank transfer, credit and debit cards, the cryptocurrencies Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Tether (USDT), as well as a number of e-wallet services.
In case of any questions, IUX Markets' support team is available via a Cyprus phone number, email, live chat, and the instant messaging apps Facebook Messenger, Line, and Telegram. The broker promises that its team is available 24 hours a day, 7 days per week, which is something we certainly appreciate.
It's worth noting that IUX's website is available in English, Spanish, Bahasa Melayu, Bahasa Indonesia, Thai, Chinese and Vietnamese. It is unknown, however, which languages the broker's support agents speak.
All in all, we see IUX Markets as a company that is working to establish itself as a reliable player among offshore forex brokers. So far, it appears that it has done a reasonably good job at that, and there is no doubt that the broker has become more popular since it was established. Still, it is worth reminding readers that trading with unregulated forex brokers comes with certain risks, and that proper due diligence should be done before depositing money with such brokers.
The broker's trading system is stable and works well. I've never experienced any chart freezing, and withdrawals have been smooth without any issues.
Low spreads and high leverage make this broker suitable for all types of trading.
