The rating, decomposed

IUX review

What produced IUX's rating - every factor, shown separately.

Last checked

IUX rates poorly, and not because of one bad category dragging an otherwise decent record down. The weakness is spread across the measures that matter most. Regulated by Mauritius FSC; South Africa FSCA; additional group registrations/licences, offering MetaTrader 5, IUX WebTerminal, IUX Trade App.

Our rating

★★★½

One rating, identical across our sites - only the way it is shown changes. It averages six assessments: regulation, trading costs, platforms, markets, support and education.

What it costs to trade

Spread from
0.0 pips
EUR/USD spread
0.8 pips Standard, as at 6 July 2026
GBP/USD spread
0.9 pips Standard, as at 6 July 2026
Commission
$7 round turn, Raw; $0 on Standard and Pro
Spread type
Variable
Overnight swap
Swap-free available across all account types
Deposit fee
Free
Withdrawal fee
Free
Currency conversion
Applicable where required

Cost is scored on what a trade actually costs all in, not on the headline spread.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

IUX lists a minimum deposit of $50. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Markets and execution

Markets
Forex, Commodities, Stocks, Indices, Cryptocurrencies, Thematic Indices
Currency pairs
120+
Total instruments
120+
Crypto CFDs
Yes
Maximum leverage
1:3000
Execution model
Market execution / multi-liquidity-provider pricing
Execution speed
Ultra-low latency advertised; no reliable universal figure
Order types
Market, limit, stop, trailing stop and MT5 pending orders
Servers
London and Asia-Pacific

Leverage up to 1:3000 is available on this entity. High leverage does not increase your expected return - it increases position size for the same deposit, and shortens the move needed to close you out.

IUX covers forex, commodities, stocks, indices, cryptocurrencies, thematic indices. A wider range matters less than depth in the instruments you actually trade.

Funding options: credit/debit cards, bank transfers, e-wallets and regional payment methods. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.

Platforms and tools

Platforms
MetaTrader 5, IUX WebTerminal, IUX Trade App
Own platform
Yes
Mobile app
IUX Trade App + MT5
Browser trading
Yes
Automated trading
Yes
Copy trading
Not a major current feature
Indicators
80+ on MT5
Third-party tools
MetaTrader 5
API access
Not prominently offered as a standard retail feature

MetaTrader 5 handles more asset classes and order types than MT4, but expert advisors are not compatible between the two - an MT4 EA will not run on it.

Regulation and safety

Regulated by
Mauritius FSC; South Africa FSCA; additional group registrations/licences
Regulator tier
Tier 2
Register entry
Mauritius FSC register, IUX Markets (MU) Ltd
Client money segregated
Yes
Negative balance protection
Yes
Compensation scheme
No FSCS-style statutory compensation scheme for primary international clients
Audited by
Not prominently disclosed
Not available to
Australia, Canada, Japan, Malaysia, Ukraine, UK, US, EU member states; no new Thai clients

Regulation carries the heaviest weight in the score, which is why it is scored first.

IUX's licence is offshore (FSC). Offshore entities typically offer higher leverage and lighter reporting, and compensation schemes do not apply - the trade-off is protection, not price.

The FSCA licenses derivative providers in South Africa without a fixed retail leverage cap, so headline leverage is often higher than an FCA or ASIC entity may offer.

An FSC licence (Mauritius or Belize, depending on the entity) is an offshore authorisation with lighter reporting duties than a tier-one regulator.

Check the licence yourself: the Mauritius FSC register of licensees, the FSCA list of regulated entities.

Accounts

Minimum deposit
$50
Account types
Standard, Pro, Raw, Demo
Islamic account
Yes
Demo account
Yes
Minimum trade size
0.01 lots

Deposits and withdrawals

Deposit methods
Credit/debit cards, bank transfers, e-wallets and regional payment methods
Withdrawal methods
Bank transfer, cards, e-wallets and supported local methods
Minimum withdrawal
$10
Local payment methods
Yes, country-dependent

Support and education

Support hours
24/7
Contact channels
Live chat, Help Centre, online support
Languages
Multilingual
Telephone
N/A
Email
N/A
Live chat response
Available
Education
Extensive educational articles and trading guides
Research
Market information, analysis and educational content

The company behind the brand

Legal entity
IUX Markets Limited
Headquarters
International
Founded
2016
Publicly listed
No
Parent company
Independent
Employees
Approx. 200-500
Also trades as
IUX

Questions people ask about IUX

Why does IUX score 6.8 out of ten?

IUX scores highest on cost at 94 out of a hundred and lowest on education at 28. The overall figure is the tracker's own and the categories are what produced it, so the gap between those two is the more useful number.