A comprehensive guide to IUX Markets Limited – explore the broker's regulation, trading conditions, fees, platforms, and the key risks of online trading.
IUX Markets is a global multi-asset CFD broker that was founded in 2016. The broker has grown to serve over 650,000 active trading accounts across 11 countries, positioning itself as a competitive player in the online trading space. In 2024, the broker underwent a rebranding and now primarily operates through the domain iux.com, though it continues to be referred to as IUX Markets in many regulatory and business contexts.
The broker provides access to over 250 tradable instruments, including forex pairs, commodities, indices, stocks, and cryptocurrencies, through contracts for difference (CFDs). IUX Markets offers trading on the MetaTrader 5 (MT5) platform, alongside its proprietary IUX Web Trade and IUX App Trade platforms.
In November 2024, IUX joined the Financial Commission, an independent forex dispute resolution organisation, providing monetary protection for claim resolutions. The broker also sponsors the English Premier League football club Fulham, which has increased its visibility in the retail trading space.
📌 Key point: IUX Markets Limited refers to the Mauritius-licensed entity of the broker. The level of regulatory protection depends on which entity holds your account. Always verify your account entity before depositing funds.
IUX Markets operates through multiple regulated entities, though the level of client protection varies significantly depending on which entity holds your account. Below is a summary of the regulatory entities and the protections they offer.
| Entity | Regulator | License Number | Client Protection |
|---|---|---|---|
| IUX Markets AU Pty Ltd | ASIC (Australia) | 529610 | Top-tier oversight, client fund segregation, negative balance protection |
| IUX Markets ZA (PTY) Ltd | FSCA (South Africa) | 53103 | Recognised regional oversight, segregation of funds |
| IUX Markets (MU) Ltd | FSC (Mauritius) | GB22200605 | Offshore regulatory framework, segregation of funds, no compensation scheme |
| IUX Markets Ltd | FSA (St. Vincent & Grenadines) | 26183 BC 2021 | Limited oversight, no compensation scheme |
Source: IUX official website and regulatory registers. Always verify current licenses on the official regulator websites.
IUX Markets (MU) Ltd is the Mauritius-licensed entity. Mauritius is an offshore jurisdiction that provides a regulatory framework for financial services, but it does not offer the same level of investor protection as tier-1 regulators like ASIC or FCA. Clients under the Mauritius entity do not have access to a statutory compensation scheme.
IUX Markets Ltd, the St. Vincent & Grenadines entity, operates under a regulatory framework with minimal oversight. As the CFTC and IOSCO regularly advise, trading with a broker under limited regulation significantly increases the risk of fraud and loss.
⚠️ Important: The entity you open an account with determines your level of protection. Clients under the Mauritius or St. Vincent entities have significantly fewer safeguards than those under ASIC or FSCA. Always check which entity holds your account before depositing funds.
IUX Markets offers a diverse range of trading instruments across multiple asset classes. The table below summarises the main categories and examples.
| Asset Class | Examples | Number of Instruments | Trading Mode |
|---|---|---|---|
| Forex | EUR/USD, GBP/JPY, AUD/CAD, USD/ZAR | 60+ pairs | CFD |
| Commodities | Gold (XAU/USD), Silver, Oil (WTI, Brent) | 10+ commodities | CFD |
| Indices | S&P 500, NASDAQ 100, FTSE 100, DAX 40 | 15+ indices | CFD |
| Stocks | Apple, Tesla, Amazon, Google, Microsoft | 100+ stocks | CFD |
| Cryptocurrencies | Bitcoin, Ethereum, Litecoin, Ripple | 10+ cryptocurrencies | CFD |
| Thematic Indices | Specialised index products | Varies | CFD |
Source: IUX official instrument list. The number of instruments and available assets may vary by region and are subject to change.
IUX Markets offers over 250 trading instruments in total, providing reasonable diversification for retail traders. The availability of exotic forex pairs like USD/ZAR allows traders to explore emerging market opportunities.
IUX Markets offers three main account types, each designed for different trading styles and experience levels. The table below summarises the key features.
| Account Type | Min. Deposit (USD) | Spreads (from) | Commission | Leverage | Best For |
|---|---|---|---|---|---|
| Standard | $50 | 0.2 pips | None | Up to 1:3000 | Beginners, swing traders |
| Pro | $200 | 0.1 pips | None | Up to 1:3000 | Experienced traders |
| Raw | $200 | 0.0 pips | $7 per round lot | Up to 1:3000 | Scalpers, professionals |
Source: IUX official account specifications. Spreads are variable and subject to market conditions. Leverage may be restricted for certain jurisdictions.
The Standard account is commission-free and suitable for most traders, especially beginners. The Pro account offers tighter spreads and is designed for experienced traders. The Raw account offers the tightest spreads but charges a commission, making it more cost-effective for high-frequency traders.
IUX offers swap-free accounts for traders with Islamic financial requirements. However, swap-free status may depend on trading behaviour and may apply only to specific instruments.
IUX Markets is known for its competitive fee structure. However, costs vary by account type, instrument, and market conditions. Below is a detailed breakdown of the main fees.
According to FXStreet's review, average spreads for forex majors are approximately 0.8 pips on the Standard account and 0.6 pips on the Pro account.
📌 Tip: Always review the fee schedule for your specific account on the IUX website, as fees can change and may vary by region.
IUX Markets offers a robust selection of trading platforms, catering to traders of all experience levels. The main platforms are:
MT5 is the advanced successor to MT4, offering 21 timeframes, a built-in economic calendar, and multi-asset support. Available on desktop, web, and mobile.
IUX's proprietary web-based trading platform that runs directly in your browser, requiring no downloads or installations. It offers a clean, user-friendly interface.
Proprietary mobile trading app available for iOS and Android, providing full trading functionality on the go.
IUX provides a proprietary personal account interface with built-in analytics, a library of indicators, signals, and trading ideas.
IUX also provides additional tools such as copy trading and market analysis to help traders make informed decisions. The broker's educational resources further enhance the trading experience.
IUX Markets supports a variety of deposit and withdrawal methods, making it convenient for traders in different regions.
The minimum deposit is $50 for the Standard account and $200 for Pro and Raw accounts.
📌 Tip: While IUX does not charge withdrawal fees, your payment provider may apply their own charges. Always check with your provider before initiating a withdrawal.
To help you decide whether IUX Markets is the right broker for you, here is an objective summary of its strengths and weaknesses.
📌 Scenario: A beginner trader with a $50 budget opens a Standard account with IUX Markets and starts trading EUR/USD with 0.8-pip spreads. They also explore the copy trading feature. After a month, they have made modest profits and appreciate the low entry barrier. However, they are cautious about the regulatory status of their account and decide to verify the entity before depositing more funds.
📌 Scenario: A trader opens a Raw account with IUX and starts trading gold and major forex pairs. They execute 10 trades per day, each of 1 lot. The commission of $7 per round lot results in $70 per day in commissions. Over a month (200 trades), the total commission is $1,400. By calculating the total cost per trade and comparing it with the Standard account, they could have chosen a more suitable account type.
IUX Markets offers leverage up to 1:3000, which can significantly amplify both profits and losses. A small adverse price movement can result in the loss of your entire deposit. The CFTC and IOSCO consistently warn that retail forex and CFD trading often results in losses.
Key risks to consider when trading with IUX Markets:
IUX's own disclosure states that 76% of retail investor accounts lose money when trading CFDs with this provider.
Never trade with money you cannot afford to lose. Consider seeking independent financial advice if you are unsure about your risk tolerance. This article does not constitute personalised financial, legal, or tax advice.
IUX Markets Limited is the Mauritius-licensed entity of the IUX brokerage group. It is regulated by the Financial Services Commission (FSC) of Mauritius under license GB22200605.
Yes, IUX Markets is a legitimate, regulated broker operating through multiple licensed entities including ASIC (Australia), FSCA (South Africa), and FSC (Mauritius). However, the level of regulatory protection depends on which entity holds your account.
Safety depends on your account entity. Clients under ASIC benefit from top-tier oversight, while those under the Mauritius or St. Vincent entities have significantly fewer protections. The broker also faces recurring complaints about withdrawal delays.
The minimum deposit is $50 for the Standard account and $200 for Pro and Raw accounts.
Standard and Pro accounts have no commission. The Raw account charges $7 per round lot.
IUX offers MetaTrader 5 (MT5), IUX Web Trade, and IUX App Trade (mobile). MT4 is not available.
Yes, IUX provides free demo accounts for all account types.
You can verify IUX's regulation by checking the ASIC register (529610), the FSCA register (53103), or the FSC Mauritius register (GB22200605). Always confirm directly with the regulator.