IUX Broker Review 2026 – Is It Worth It?
Low deposits, high leverage trading · Est. 2016 · Australia
Capital at risk. CFD trading involves significant risk. This may be an affiliate link.
Budget-Friendly Broker With Competitive Raw Spreads
IUX suits beginner and budget-conscious traders who want to start with minimal capital and access high leverage. The broker’s strongest point is its raw spread accounts offering 0.0 pips with just a $3 commission per lot. The main limitation is that offshore entities provide less investor protection than Tier-1 regulated regions. We recommend IUX for traders comfortable with higher risk who prioritize low costs over comprehensive regulation.
- ✓ Ultra-low $10 minimum deposit requirement
- ✓ Raw spreads from 0.0 pips on Pro accounts
- ✓ High leverage up to 1:3000 available
- ✓ ASIC and FSCA regulated entities
- ✓ Fast execution speeds reported by users
- ✕ Offshore entity offers limited investor protection
- ✕ Education and research resources are basic
- ✕ Some withdrawal delays reported by users
| Regulation | ASIC, FSCA |
| Founded | 2016 |
| Headquarters | Mauritius |
| Minimum Deposit | $10 |
| Maximum Leverage | 1:3000 |
| EUR/USD Spread | From 0.0 pips |
| Trading Platforms | MT5, IUX App |
| Instruments | Forex, Metals, Indices, Crypto |
| Deposit Methods | Cards, Bank, E-wallets, Crypto |
| Withdrawal Time | Same-day to 3 days |
| Customer Support | 24/5 Live Chat, Email |
| Website | Visit Site ↗ |
Capital at risk. CFD trading involves significant risk. This may be an affiliate link.
Our Full Rating Breakdown
We evaluate forex brokers across five core categories using consistent criteria. Each score reflects real trading conditions, regulatory standing, and user experience based on verified data.
Is IUX Regulated & Safe?
IUX holds valid regulatory licenses from ASIC in Australia and the FSCA in South Africa, providing a reasonable level of oversight. The broker also operates through an offshore entity in St. Vincent and the Grenadines, which offers less protection. Client funds are held in segregated accounts and negative balance protection is provided. Traders should carefully consider which entity they’re signing up with based on their region.
| Primary Regulator | ASIC (Australia) ✓ |
| Secondary Regulator | FSCA (South Africa) ✓ |
| Offshore Entity | St. Vincent and the Grenadines ~ |
| Client Fund Segregation | Yes ✓ |
| Compensation Scheme | No ✕ |
| Negative Balance Protection | Yes ✓ |
| Founded | 2016 ✓ |
| Headquarters | Australia ✓ |
Traders outside Australia and South Africa may be onboarded through the St. Vincent offshore entity, which provides significantly less regulatory protection than Tier-1 jurisdictions.
Always verify which IUX entity you’re registering with and understand the regulatory protections available in your jurisdiction before depositing funds.
Fees, Spreads & Commissions
IUX offers a competitive fee structure with its Raw account providing spreads from 0.0 pips alongside a $3 commission per lot. Standard accounts feature slightly wider spreads but zero commission, making them ideal for casual traders. The broker doesn’t charge deposit or withdrawal fees on most methods. Overall, IUX’s pricing competes well against established ECN brokers in the industry.
| Instrument | IUX Raw ℹ | IUX Standard ℹ | IC Markets Raw ℹ |
|---|---|---|---|
| EUR/USD | 0.0 | 1.2 | 0.1 |
| GBP/USD | 0.2 | 1.5 | 0.4 |
| USD/JPY | 0.1 | 1.3 | 0.2 |
| Gold XAUUSD | 0.15 | 0.30 | 0.12 |
| Oil USOIL | 0.03 | 0.05 | 0.03 |
IUX maintains transparent pricing with no hidden charges on deposits or withdrawals through most payment methods.
Overnight swap fees apply to positions held past market close and vary by instrument and direction.
Account Types Explained
IUX provides four distinct account types designed to match different trading styles and experience levels. The Standard and Standard+ accounts suit beginners with their low entry barriers and commission-free trading. The Raw account targets active traders seeking the tightest spreads with a small commission. Account opening is straightforward and typically completed within minutes after verification.
- Commission-free trading
- Perfect for beginners
- Ultra-low minimum deposit
- Tighter spreads than Standard
- No commission fees
- Suitable for swing traders
- Raw ECN spreads from 0.0 pips
- Ideal for scalpers
- Fast execution speeds
- Lowest commission rate
- Raw spreads from 0.0 pips
- Designed for high-volume traders
Account Comparison
| Feature | Standard Account | Standard+ Account | Raw Account | Pro Account |
|---|---|---|---|---|
| Min Deposit | $10 | $10 | $50 | $500 |
| Spread From | 1.2 pips | 0.8 pips | 0.0 pips | 0.0 pips |
| Commission | $0 | $0 | $3/lot | $2.5/lot |
| Leverage | 1:3000 | 1:3000 | 1:3000 | 1:3000 |
| Instruments | All | All | All | All |
| Best For | Beginners | Casual Traders | Scalpers | High-Volume |
Demo accounts are available for all account types, allowing you to test strategies risk-free before committing real capital.
Trading Platforms & Tools
IUX provides access to MetaTrader 5 alongside its proprietary IUX trading app for mobile devices. MT5 delivers the advanced charting, Expert Advisor support, and multi-asset trading that experienced traders expect. The IUX app offers a streamlined mobile experience for traders who prefer managing positions on the go. Both platforms connect reliably with fast execution speeds reported by users.
Platform Feature Comparison
| Feature | MetaTrader 5 | IUX Mobile App |
|---|---|---|
| Web-based | No | No |
| Mobile App | Yes | Yes |
| Expert Advisors | Yes | No |
| Copy Trading | Yes | No |
| Chart Types | 21 | Basic |
Deposits & Withdrawals
IUX maintains one of the lowest minimum deposit thresholds in the industry at just $10 for Standard accounts. The broker supports multiple payment methods including cards, bank transfers, e-wallets, and cryptocurrency. Most deposits process instantly while withdrawals typically complete within the same day to three business days. IUX doesn’t charge fees on most deposit and withdrawal methods, though third-party charges may apply.
| Payment Method | Method | Deposit Speed | Withdrawal Speed | Broker Fee |
|---|---|---|---|---|
| Credit / Debit Card | Instant | 1-3 days | None | |
| Bank Wire Transfer | 1-3 days | 1-3 days | None | |
| E-wallets (Skrill/Neteller) | Instant | Same-day | None | |
| Cryptocurrency | 10-30 mins | Same-day | Network fee | |
| Local Bank Transfer | Instant | Same-day | None |
Withdraw using the same method you deposited with to ensure faster processing and avoid potential verification delays.
Education, Research & Analysis
IUX offers a basic educational suite that covers fundamental trading concepts but falls short of competitors with comprehensive academies. The broker provides an economic calendar, market news, and some trading guides for beginners. Experienced traders may find the research tools adequate for staying informed on market events. Traders seeking in-depth courses or advanced analysis should supplement with third-party resources.
🛠️ Tools
📖 Education
IUX’s educational offering is functional but basic, best suited for traders who already have foundational knowledge or are willing to learn from external sources.
What Real Traders Say About IUX
All reviews are verified trades
