Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
IUX Pros & Cons
- Multi-level regulation: FSCA, FSC, FSA, ASIC.
- High leverage up to 1:3000.
- MetaTrader 5 and proprietary trading platforms, including mobile apps.
- Minimum deposit from $50.
- Membership in The Financial Commission.
- Low floating spreads from 0.0 to 0.2 pip depending on the account type.
- No deposit or withdrawal fees charged by the broker.
- Account protection with two-factor authentication (2FA).
- Email customer support responses may take up to 24 hours.
TU Expert Verdict
I can confidently recommend IUX — it is a highly trusted company that I have personally tested and verified. Its trading conditions and user feedback show that most traders are satisfied, and my own experience confirms its solid and consistently reliable performance.
Top-5 Brokers Traders Prefer
IUX User Reviews
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5-star
60%
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4-star
26%
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3-star
12%
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2-star
1%
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1-star
1%
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria8 /10The trading and non-trading commissions of IUX have been analyzed and rated as having Low fees, with a fees score of 8/10. Additionally, these commissions were compared with those of the top two competitors, ZForex and OANDA, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Complex fee structure
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Is IUX Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria9.7 /10IUX has a safety score of 9.7/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Tier-1 regulated
- Negative balance protection
- Track record over 10 years
- Strict requirements and extensive documentation to open an account
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Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.9.8 /10IUX offers the following account options: Demo, Standard, ECN/Raw spread.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Tight spread ECN account
- Demo account
- Low minimum deposit
- Micro lots are not available
- No Cent account
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology6 /10IUX received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria4.8 /10IUX offers a limited selection of trading assets compared to the market average. The platform supports 152 assets in total, including 34 Forex pairs.
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Trading Account Opening
We successfully registered an account with IUX in 5 minutes. The KYC verification was completed within 3 business days. The minimum deposit amount at IUX is $50.Score:We evaluated Trading Account Opening at IUX by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.9 /10This is one of the most accessible and hassle-free onboarding procedures on the market.
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Trading platforms & tools
Score:This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn the assessment criteria7.1 /10IUX received a score of 7.1/10, reflecting an average offering in terms of trading platforms and tools. The broker covers essential functionality but may fall short in some advanced features or platform diversity compared to leading competitors.
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Mobile Apps
Score:This section assesses the quality and functionality of the broker’s mobile trading apps. It takes into account app ratings, number of downloads, platform features such as two-factor authentication (2FA), mobile alerts, and technical indicators, ensuring traders can manage positions and monitor markets effectively from their smartphones. Learn the assessment criteria7.9 /10 -
Customer Support
Score:We evaluated Customer Support at IUX by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria9.7 /10
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IUX Video Guides
FAQs
How safe is trading with IUX in terms of regulation and investor protection?
IUX has a safety score of 9.7/10, which corresponds to a high security level in this review. It is regulated by ASIC (Tier-1), FSCA in South Africa (Tier-2), and the FSC in Mauritius and SVG FSA (both Tier-3), and it offers negative balance protection and mandatory KYC, while specific investor compensation funds are not mentioned for these regulators.
What types of trading accounts does IUX offer and how do they differ?
IUX provides Standard, Pro, Raw, and Demo accounts, all in USD on MT5 and its own platform, with market execution and leverage up to 1:3000. The accounts differ mainly in minimum deposits (from $50 to $200), spreads (from 0.0 to 0.2 pips), and whether a per-lot commission is charged, and any live account can be converted to an Islamic swap-free account if Sharia requirements are met.
What do user reviews say about IUX overall?
According to user reviews, IUX has a user satisfaction score of 8.8/10, with 59% of ratings at 5 stars and 26% at 4 stars, indicating mostly positive impressions. Out of 78 reviews, only 2% are 1- or 2-star, while 13% are 3-star, suggesting that some users report neutral or mixed experiences.
Which markets and assets can you trade with IUX and what do reviews say about its selection?
IUX supports 152 tradable assets, including 34 currency pairs, as well as stocks, commodity futures, cryptocurrencies, and stock indices, but it does not offer options, bonds, ETFs, copy trading, PAMM investing, or managed accounts. The section notes that its asset selection is limited compared to the market average, and that some traders looking for more instruments or passive investment options may find this restrictive, although specific user reviews on this point are not detailed.
What trading platforms and tools does IUX provide, and how is user feedback likely to view them?
IUX offers MT5, TradingView integration, a proprietary platform, and WebTrader, with features such as one-click trading, support for trading bots (EAs), scalping, 2FA, and around 100 indicators, but it does not provide cTrader, an API, free VPS, or tools like Trading Central or Autochartist. With a platforms and tools score of 7.1/10, the offering appears to cover essential needs while potentially leaving some advanced or automation-focused users wanting more, though specific user feedback on platforms is not detailed in this section.
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