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IUX regulation and how it scores
Regulation carries the heaviest weight in the score, which is why it is scored first. Here is IUX's licensing and the protections behind it.
Facts last checked . Read the full IUX review.
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
Check the licence yourself: the Mauritius FSC register of licensees, the FSCA search of financial services providers.
What this means
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.
Client money is held separately from the firm's own money. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.
Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.
Covered by No FSCS-style statutory compensation scheme for primary international clients, which pays eligible clients up to its limit if the firm fails owing client money.
Questions about IUX regulation
Is IUX tier-one regulated?
IUX's strongest licence is recorded as Tier 2.
Who regulates IUX?
IUX is regulated by Mauritius FSC; South Africa FSCA; additional group registrations/licences.
Does IUX offer negative balance protection?
Yes. IUX offers negative balance protection, so a losing position cannot leave you owing the broker more than your account held.
Regulation at brokers under the same regulator
- Exness regulation also licensed by FSC (Mauritius)
- HF Markets regulation also licensed by FSC (Mauritius)
- FXTM regulation also licensed by FSC (Mauritius)
- EC Markets regulation also licensed by FSC (Mauritius)
- FP Markets regulation also licensed by FSC (Mauritius)