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iUXmarket foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.iuxmarket.com/register, about the company's legal and temporary regulatory information, the company's address Suite 305, Griffith Corporate Center, Kingstown St. Vincent and the Grenadines..

iUXmarket Forex Broker

Basic Information

Registered Region
Cyprus
Operating Period
--
Company Name
IUX Market Limited
Abbreviation
iUXmarket
Company employee
--
Customer Service Email Address
support@iuxmarket.com
Company address
Suite 305, Griffith Corporate Center, Kingstown St. Vincent and the Grenadines.
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

General Information & Regulation IUX Market was established in London in 2016 as a provider of online CFD trading services, offering more than 350 tradeable CFD instruments including Forex, Shares, Indices and Commodities. IUX Market does not fall under any regulatory agency. Please be aware of the risk! Markets Instruments Traders can trade more 250 instruments with IUX Market, including CDFs on forex currency pairs, shares, Futures, Spot Indices, Spot Metals and Spot Energies. Minimum Deposit There are three real trading accounts on offer: Standard Bonus, Standard and ECN accounts. The minimum initial deposit for the Standard account is only $, which is to our surprise. And the requirement for the ECN account is $200. Although the account opening amount required by this broker seems reasonable, traders should get away from it given the fact that IUX Market is unregulated. Leverage The maximum leverage available at IUX Market is said to be as high as 1:10100. Unregulated brokers always offer generous trading leverage to attract new traders. Since margin trading is full of risks, inexperienced traders are not advised to use high leverage. Spreads & Commissions Spreads and commissions vary depending on different trading accounts. The spreads in the Standard Bonus account start from 0 pip, with no commission charged. The spreads in the Standard accounts are from 0.2 pips, no commissions. ECN requires a commission of $3.5 (round turn) per lot with its spreads from 0 pip. Trading Platform Available IUX Market offers the MetaTrader 4 and MetaTrader 5 applications on the Windows. These applications will provide Traders can access the account wherever they want. Our MetaTrader mobile application uses many advanced Windows features such as changing landscape to portrait. (Handset rotation) In addition, the MetaTrader mobile application also provides trading functions with just one click. Deposit& Withdrawal As possible payment options IU Markets mentions Skrill, bank wire transfers and bitcoins, but because we were not able to verify that, and because we are dealing with an outright scam anyway, here you may check as well our list of brokers, where you can pay with your VISA or MasterCard for sure. The minimum deposit and withdrawal amount is 3 $. Deposits and withdrawals can take up to 24 business hours to be processed. Customer Services IUX Market offers 24/7 customer support. There is also a “FAQ” section for most common questions traders would normally ask this broker or consider to ask before an account with it.

Rating Index

  

IUXMarket Forex Broker - Complete Information Guide

  

1. Broker Overview

  IUXMarket, operating under the name IUX Markets Limited, was founded in 2016. The broker is headquartered in Limassol, Cyprus, and has additional offices in Saint Vincent and the Grenadines, Mauritius, and South Africa. IUXMarket is a privately held company that provides retail forex trading and contract for difference (CFD) services to clients globally.

  Over the years, IUXMarket has established itself as a significant player in the online trading industry, particularly focusing on the Forex and CFD markets. The company has made strides in expanding its services and improving its trading technology, ensuring that it meets the evolving needs of its clientele. A notable milestone in its development was its rebranding from IUX Markets to IUX in 2024, reflecting its commitment to innovation and modern trading solutions.

  The broker primarily serves individual retail traders, providing them with access to a wide range of financial instruments. Its business model revolves around offering competitive trading conditions, including low spreads and high leverage, which attract both novice and experienced traders. The IUXMarket broker is recognized for its user-friendly trading platforms and diverse account offerings, catering to different trading styles and preferences.

  

2. Regulatory and Compliance Information

  IUXMarket is regulated by several authorities, which include:

  • Financial Sector Conduct Authority (FSCA), South Africa (FSP Number: 53103)
  • Financial Services Commission (FSC), Mauritius (License Number: GB22200605)
  • Australian Securities and Investments Commission (ASIC), Australia (License Number: 529610)
  • Financial Services Authority (FSA), Saint Vincent and the Grenadines (Registered Number: 26183 BC 2021)

  These regulatory bodies oversee the operations of IUXMarket, ensuring compliance with local laws and financial integrity. However, it is important to note that the broker operates with offshore entities, which may not provide the same level of investor protection as onshore brokers.

  IUXMarket adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) policies to safeguard client funds and prevent fraudulent activities. Client funds are kept in segregated accounts, providing an additional layer of security. However, the broker does not participate in any investor compensation schemes, which raises potential risks for traders.

  

3. Trading Products and Services

  IUXMarket offers a diverse range of trading products, primarily focusing on:

  • Forex: The broker provides access to over 63 currency pairs, including major, minor, and exotic pairs.
  • CFD Products: Traders can engage in CFD trading across various asset classes, including:
  • Indices: More than 23 global indices
  • Commodities: A selection of commodities such as oil and gold
  • Stocks: Trading opportunities in over 15 leading stocks
  • Cryptocurrencies: Access to over 120 cryptocurrency products, allowing trading seven days a week.

  The broker continuously updates its product offerings, ensuring that traders have access to the latest market trends and instruments. Retail trading services are the primary focus, although institutional services may be available upon request.

  

4. Trading Platforms and Technology

  IUXMarket supports the widely used MetaTrader 5 (MT5) platform, known for its advanced trading features and user-friendly interface. The broker also offers a proprietary web-based trading platform, allowing traders to access their accounts without the need for downloads.

  For mobile trading, IUXMarket provides applications compatible with both iOS and Android, ensuring that traders can manage their accounts and execute trades on the go. The broker operates under an ECN and STP model, facilitating direct market access and fast order execution.

  The broker's infrastructure is designed to support high trading volumes, with servers located in strategic locations to minimize latency. Additionally, IUXMarket offers API access for automated trading, appealing to algorithmic traders seeking to implement their strategies effectively.

  

5. Account Types and Trading Conditions

  IUXMarket offers several account types to accommodate different trading preferences:

  • Standard Account: Minimum deposit of $10, with spreads starting from 0.2 pips and no commission.
  • Standard Bonus Account: Requires a minimum deposit of $10, offering a 35% deposit bonus and spreads from 0.5 pips.
  • Raw Account: Designed for traders seeking tight spreads, requiring a minimum deposit of $500 with spreads starting from 0.0 pips and a commission of $6 per lot.
  • Pro Account: Aimed at professional traders, with a minimum deposit of $500, spreads from 0.1 pips, and no commission.

  The leverage offered by IUXMarket varies by account type, reaching up to 1:3000, which can significantly amplify trading potential, albeit with increased risk. The broker allows trading with a minimum lot size of 0.01, making it accessible for traders with smaller capital.

  

6. Fund Management

  IUXMarket supports various deposit methods, including:

  • Bank Transfers
  • Credit/Debit Cards (Visa, Mastercard)
  • E-Wallets (Skrill, Neteller)
  • Cryptocurrencies (Bitcoin, Ethereum, etc.)

  The minimum deposit requirement varies by account type, with the Standard Account starting at $10. Deposits are processed instantly, allowing traders to start trading without delay, and the broker does not impose internal fees for deposits. However, external fees from banks or payment processors may apply.

  Withdrawals can be made through the same channels, with a minimum withdrawal amount of $3. The processing time for withdrawals typically ranges from 1 to 15 minutes, depending on the method used. IUXMarket does not charge withdrawal fees, but traders should verify with their payment provider for any applicable charges.

  

7. Customer Support and Educational Resources

  IUXMarket provides customer support through various channels, including:

  • Email: support@iuxmarket.com
  • Live Chat: Available 24/7 on the official website and social media platforms.
  • Social Media: Active presence on platforms like Facebook and Instagram.

  The support team primarily operates in English, with additional language support available for specific regions. The broker offers educational resources, including webinars, tutorials, and market analysis, to help traders enhance their knowledge and trading skills.

  Furthermore, IUXMarket provides trading tools such as calculators for margin, pip value, and profit/loss, aiding traders in making informed decisions.

  

8. Regional Coverage and Restrictions

  IUXMarket serves clients globally, with a strong presence in Asia and other regions. However, the broker does not accept clients from certain countries, including:

  • United States
  • Australia
  • Belgium
  • France
  • Japan
  • Iran
  • North Korea

  The broker's regional offices are strategically located to cater to its diverse client base, ensuring efficient service delivery across various markets.

  In summary, IUXMarket is a broker that offers a comprehensive suite of trading products and services, supported by advanced technology and a user-friendly platform. However, potential clients should be aware of the associated risks of trading with an offshore broker and conduct thorough research before engaging in trading activities.

  In conclusion, the IUXMarket broker provides a competitive trading environment, making it an attractive option for traders looking for flexibility and a diverse range of trading instruments.

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Latest Reviews

FX1027613269

FX1027613269

Thailand

Don't trade the ix market, it's a scam.

Exposure

2021-10-07

FX2930850852

FX2930850852

Paraguay

I gained $100 and deposited $100 further. But they rejected my withdrawal.

Exposure

2021-08-19

FX1729329557

FX1729329557

Paraguay

I deposited $1,000 on their platform and gained $500. But they disappeared and took my money away. What can I do?

Exposure

2021-08-16

iUXmarket Forex Broker has an overall rating of 1.54, Regulatory Index 0.00, License Index 0.00, Business Index 7.24, Software Index 4.00 Risk Control Index 0.00.