IUX : Does this Broker Include MT5?

IUX Overview & Company Background

IUX is an online CFD broker founded in 2016 and headquartered in Ebene, Mauritius. In under a decade, it has grown into a global trading provider with a strong presence in emerging markets. The broker has attracted over 650,000 traders worldwide, thanks to its ultra-competitive trading conditions (including raw spreads from 0.0 pips) and modern platforms. With 6 international offices and regulatory licenses in multiple jurisdictions, IUX positions itself as a trusted, regulated broker offering advanced technology and tight pricing to clients. Notably, IUX’s monthly trading volume exceeds $1 trillion, reflecting its rapidly expanding market position and the confidence traders have in its services.

Pros & Cons Analysis

Is IUX Regulated and Safe?

IUX operates under a strong multi-jurisdictional regulatory framework, enhancing client trust and fund safety. The broker is licensed by several regulators:

• ASIC (Australia) – Tier-1 regulator known for strict compliance and consumer protection.
  IUX Markets AU Pty Ltd is fully authorized, meeting ASIC’s high standards for financial reporting, audits, and client fund segregation.

• FSCA (South Africa) – Tier-2 authority ensuring fair market practices and financial integrity.
  IUX Markets ZA (Pty) Ltd adheres to FSCA rules requiring operational transparency, financial soundness, and client protection policies.

• FSC (Mauritius) – Tier-3 regulator that mandates legal operational frameworks and fund segregation.
  IUX Markets (MU) Ltd holds an Investment Dealer license, subject to oversight on capital adequacy and anti-money laundering measures.

• SVGFSA (St. Vincent & Grenadines) – Entity registration only; no actual regulatory oversight.
  While IUX Markets Ltd is incorporated here, this registration mainly supports international operations and does not include client protection standards.

Additionally, IUX is a member of The Financial Commission, an independent dispute resolution body offering impartial arbitration and a compensation fund. This voluntary membership adds a critical layer of client security and reinforces IUX’s commitment to transparent, accountable operations.

Trading Conditions & Costs

• ✅ Instruments: Forex, Stocks, Indices, Commodities, Crypto (120+ total CFDs)
• ✅ Spreads: From 0.0 pips (Raw Account)
• ✅ Commission: $6 per lot (Raw account) – $0 on Standard/Pro
• ✅ Leverage: Up to 1:3000

Now let’s break down each of these trading conditions in detail:

Instruments

IUX offers 120+ CFDs across major asset classes, including Forex (major, minor, exotic pairs), Stocks (e.g., Apple, Tesla), Indices (US30, NAS100, UK100), Commodities (Gold, Oil, agricultural products), and Cryptocurrencies (e.g., Bitcoin, Ethereum). All instruments are available via leveraged CFD trading (long/short), with swap-free options suitable for Islamic accounts. This broad range supports both conservative (e.g., EUR/USD, indices) and adventurous traders (e.g., cryptos, emerging FX), all tradable from a single IUX account 24/5.

Spreads

IUX offers ultra-competitive spreads, starting from 0.0 pips on the Raw account (plus $6/lot commission), ideal for scalpers and high-frequency traders. Standard and Pro accounts are commission-free with tight spreads (e.g., EUR/USD ~1.0 pip on Standard, ~0.5 pips on Pro). Spreads remain stable thanks to IUX’s deep liquidity pool and co-located servers, though they may widen during volatile or low-liquidity periods. Overall, IUX delivers cost-effective trading across all account types.

Commission

Commission depends on the account: Standard and Pro accounts charge $0 commission, with costs built into spreads; Raw account charges $6/lot round-turn, offering near-zero spreads. This model suits different trader types—new traders may prefer simplicity with Standard/Pro, while active or volume traders can benefit from Raw’s cost efficiency. There are no hidden fees (platform, deposit/withdrawal, inactivity), and swap fees apply only on non-Islamic accounts.

Leverage

IUX offers leverage up to 1:3000, among the highest in the industry, enabling efficient capital use and aggressive strategies. While ideal for experienced traders, it comes with increased risk—thankfully, negative balance protection and stop-loss tools help manage it. Leverage is highest on major forex pairs and varies by asset (e.g., crypto often capped at 1:100). Clients under regulators like ASIC may face lower limits, but globally, IUX allows traders to set leverage up to the max based on their needs and risk appetite.

IUX Trading Platforms & Tools

IUX Account Types & Minimum Deposit

IUX offers a selection of three main account types, each tailored to different trader needs and experience levels. The accounts primarily differ in their pricing structure (spreads/commissions), minimum deposit, and target audience, while all offering the same access to markets and platforms. Below is a comparison table of IUX’s account types and their key features:

As shown above, Standard is the entry-level account with a very low barrier to entry ($10), Pro is a mid-tier account for more experienced traders, and Raw is designed for advanced traders needing the tightest spreads.

Demo Account

IUX provides a free, fully functional demo account that mirrors live market conditions and includes virtual funds (user-defined, e.g., $10,000). It has no expiration unless inactive for 90+ days, after which a new one can be created. Traders can test strategies, EAs, or the platform’s performance under real trading conditions across all available instruments. With live-like spreads and execution, the demo is ideal for beginners and experienced traders alike.

Islamic (Swap-Free) Account

IUX offers swap-free options on all account types (Standard, Pro, Raw) for traders observing Shariah law. These accounts incur no overnight interest and generally don’t carry hidden fees or widened spreads, unlike many brokers. Requests can be made at signup or through support. Conditions and fees remain the same, offering a fair and compliant trading solution, especially for clients in MENA and Southeast Asia.

VIP / Premium Account

While not publicly branded, IUX provides premium services for high-volume or high-deposit clients. Perks may include a dedicated account manager, faster withdrawals, tighter spreads, commission rebates, and access to VPS hosting. Custom arrangements are available upon request for professional or institutional traders. These accounts reflect IUX’s client-first flexibility and appeal to serious traders.

Managed Accounts

IUX does not offer PAMM/MAM or built-in managed account services. All accounts are self-directed, with no in-house copy trading or social trading features. However, traders can access MT5’s Signals service to follow third-party strategies or use external MAM tools if managing multiple accounts. This ensures clients retain full control, aligning with IUX’s focus on empowered, individual trading.

Deposits & Withdrawals

IUX offers seamless, cost-free deposit and withdrawal options across a wide range of methods, with fast processing and strong global support.

Deposit Methods

• Bank Transfer (Local & International): Local bank transfers are supported in several regions, often completed within minutes to hours with low or zero fees. International wire transfers (USD or other major currencies) take 1–3 business days. IUX charges no additional fees.

• Credit/Debit Cards: Visa and MasterCard deposits are processed instantly. No fees are charged by IUX, though your bank may apply minor FX or processing fees. Card deposits allow instant trading access and are ideal for small to mid-sized transfers.

• E-Wallets: Supports Skrill, Neteller, and local e-wallets (GCash, PayMaya, OVO, TrueMoney, etc.). Most deposits are instant, and all are fee-free from IUX. Local methods offer regional convenience, and e-wallets allow fast, 24/7 funding.

• Cryptocurrency: Through third-party partners, IUX accepts crypto deposits like BTC or USDT. Funds are converted to USD and credited within 20–30 minutes. No broker-side fees; only blockchain network fees apply.

Withdrawal Methods

• Bank Transfer: Funds are sent to your local or international bank account, usually within minutes for local transfers and 1–3 days for international wires. IUX processes withdrawals internally in 2–10 minutes.

• Credit/Debit Card: Refunds up to the original deposit amount are sent to the same card. Processing is quick, but card networks may take 2–5 business days to reflect it.

• E-Wallets: Withdrawals to Skrill, Neteller, and local e-wallets are nearly instant after approval. Fast and preferred by traders needing quick access to funds.

• Cryptocurrency: Available for users who funded via crypto. IUX sends withdrawals to your wallet after verification, usually within 1–2 hours. Only network fees apply.

Processing Times

Most deposits are instant (cards, e-wallets, local bank), while wire transfers depend on the bank. Withdrawals are internally approved within minutes and released 24/7, making IUX one of the fastest processors in the industry.

Fees

IUX charges zero fees on both deposits and withdrawals. You receive the full amount sent or requested. Any deductions are limited to external parties like your bank, e-wallet provider, or FX conversion if applicable.

Minimum & Maximum Limits

Minimum deposit: $10 (Standard); $500 (Pro/Raw). Minimum withdrawal: $5. There’s no published max limit—bank transfers can handle high-volume transactions, while cards and wallets may have daily caps. Larger deposits or withdrawals may require additional verification for security.

How to trade with IUX? Step-by-Step Guide

1. Open an Account
Visit www.iux.com and click on “Open Account”. Complete the registration form with your name, email, phone number, and password. Choose your preferred account type (Standard, Pro, or Raw).

2. Verify Your Email and Phone
Check your email inbox and SMS for verification links or codes. Complete both steps to activate your account access securely.

3. Complete KYC
Log in to the Client Portal and upload:

• Proof of Identity (POI): Government-issued ID or passport.

• Proof of Address (POA): Utility bill, bank statement, or rental agreement (within 3 months).
  IUX typically verifies within a few hours to 1 business day.

4. Fund Your Account
Once verified, go to the “Deposit” section and select a funding method (card, e-wallet, bank transfer, etc.). Enter your amount and complete the transaction. Most methods are instant.

5. Choose a Trading Platform

• Web: Use IUX WebTerminal directly in your browser.

• Desktop: Download MetaTrader 5 (MT5) from IUX’s website, install, and log in with your MT5 credentials.

• Mobile: Download the IUX Trade App or MT5 mobile app from your app store. Log in with IUX details.

6. Select a Trading Instrument
Browse available markets on your platform (Forex, indices, stocks, crypto). Use the search or Market Watch section to find instruments like EUR/USD, gold, etc.

7. Analyze the Market
Open a chart, choose your timeframe (e.g., 15-min, 1-hour), and apply technical indicators like Moving Averages, RSI, or MACD. You can also use drawing tools and check market sentiment.

8. Place Your Trade
Open a new order window:

• Select Buy (expect price to rise) or Sell (expect price to fall).

• Enter lot size (start with 0.01 lots if new).

• Set Stop-Loss (SL) and Take-Profit (TP) levels.

• Confirm all settings and execute the order.

9. Monitor or Modify Trade
Watch your live position and adjust SL/TP as needed. You can manually close the trade anytime or let it close automatically based on your preset limits.

10. Review and Learn
After the trade closes, check the result in your trade history. Use it to reflect on performance and improve future strategies.

The IUX trading process is fast and beginner-friendly. With quick sign-up, instant funding, and intuitive platforms, even first-timers can go live in under an hour. Demo accounts are available for practice, and 24/7 support ensures help is always nearby.

Customer Support

IUX ensures clients get timely, professional, and multilingual support through multiple channels, available 24/7 to accommodate global traders.

Support Channels

• 💬 Live Chat (24/7):
  Accessible via the IUX website and platform. Connect to a real agent within minutes for immediate help with login issues, deposits, or platform guidance.

• 📧 Email Support – support@iux.com
  Ideal for non-urgent queries, sending documents/screenshots, or complex account matters. Response time: usually within 24 hours.

• 📞 Phone Support – +357 25247681
  Speak directly to a support rep. Ideal for urgent issues or verbal clarification. Available mostly during weekdays; some weekend coverage may be limited.

• 📚 Help Center (https://help.iux.com):
  A self-serve knowledge base covering FAQs, guides on trading, funding, KYC, and more. Fastest for general queries.

• 📱 Social Media:
  IUX maintains active profiles on Facebook, Twitter, Instagram, and YouTube. While not for personal support, they offer updates and community engagement.

Support Hours

• Live Chat & Email: 24/7 availability

• Phone: Primarily 24/5 with limited weekend access

• Help Center: Always available
  You can get help anytime – even while trading crypto on a Sunday.

Multilingual Assistance

IUX supports 15+ languages, including English, Hindi, French, Spanish, Indonesian, Chinese, Thai, Swahili, Vietnamese, and more. When starting a chat or sending an email, clients are routed to an agent fluent in their language.

VIP Account Managers

High-volume traders or VIP clients receive a dedicated account manager for personalized service. These managers offer:

• Priority support

• Direct communication via phone or messaging

• Trading tips and promotion updates

• Assistance with large transactions

Responsiveness & Resolution Quality

• Live Chat: Instant connection with proactive solutions

• Email: Clear, professional responses within hours

• Phone: Prompt and courteous

• Agents are knowledgeable in trading terms and empowered to escalate or resolve issues quickly.

Technical & Educational Support

Support helps with:

• Platform setup and usage (MT5/Web/App)

• Installing indicators or placing trades

• Troubleshooting issues (login errors, chart problems, etc.)
  They may also guide beginners through trading steps or connect clients to educational resources.

Community Engagement & Feedback

IUX welcomes client feedback and has implemented user-suggested improvements. Their reputation is reflected in proactive responses on forums and review sites, showing a strong commitment to transparency and satisfaction.

IUX Final Verdict

“Ideal for scalpers and high-frequency traders seeking raw spreads, ultra-low latency execution, and high leverage in a regulated environment.”

Avoid IUX If:

If you prefer fixed-spread trading, IUX might not be suitable. All account types at IUX use variable (market-based) spreads, which may not align with strategies that require consistent pricing.Traders who rely on MetaTrader 4 (MT4) or third-party tools built specifically for it may also be disappointed. IUX focuses on MT5 and its own proprietary platforms, with no MT4 support. Due to regulatory restrictions, IUX is not available to residents of certain jurisdictions including the United States, United Kingdom, and some EU countries. Traders in these regions will need to look for locally licensed brokers. Those who prefer a broker with a physical presence or in-person educational events may find IUX lacking, as it operates entirely online. That said, the broker offers rich digital learning resources to compensate. Finally, if you’re a highly risk-averse trader, the high leverage environment and fewer trading restrictions at IUX may not be ideal. Brokers that offer more conservative risk settings and hands-on guidance might be a better fit.

Bottom Line:

IUX has emerged as a strong contender in the trading space, offering a combination of low trading costs, modern platforms, and excellent client service. The broker excels in delivering tight spreads, fast execution, and zero or low commissions, making it highly attractive for active and experienced traders, including scalpers. Despite being a newer entrant, IUX already holds credible regulatory licenses, including oversight from ASIC, and maintains a transparent, trader-friendly environment. New traders are welcomed too. With a low $10 minimum deposit and intuitive platforms, beginners can start small while gaining valuable market exposure in a supportive setup. While the lack of MT4 and limited availability in some regions are trade-offs, these are relatively minor when compared to the overall value IUX delivers. For traders seeking performance, affordability, and global reach, IUX offers a platform that can grow with your experience and trading goals.

Frequently Asked Questions

About Author

Robert J. Williams

Robert J. Williams, a finance graduate from the London School of Economics, dove into finance clubs during her studies, honing her skills in portfolio management and risk analysis. With a career spanning prestigious firms like Barclays and HSBC, she's become an authority in asset allocation and investment strategy, known for her insightful reports.

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