Overview Of IUX

Basic Information

Established: 2016

Registered Country: Saint Vincent And The Grenadines

Regulator: Financial Industry Regulatory Authority (FSCA, South Africa) And Australian Securities And Investments Commission (ASIC)

Market Instruments: Trading Instruments Such As Contracts For Difference, Futures, Indices, Stocks, Metals And Energy

Demo Account: Available

Leverage: Up To 1:3000

EUR/USD Spreads: From 0.0 Pips

Trading Platform: IUX App Trade, IUX Web Trade, MT5 WebTerminal

Minimum Deposit: 10 Dollars

Customer Support: 24/7 Help Center

IUX Information

Nature Of Company: ECN Forex Broker That Provides Real-time Trading On Forex, Commodities, Indices, Stocks And Cryptocurrencies

Account Type: Three Real-time Trading Accounts Are Available With A Minimum Opening Deposit Of Only 10 Dollars. Traders Can Use Maximum Leverage Of 1:3000.

Advantages And Disadvantages

Advantages:

Access To Popular Trading Markets.

Demo Accounts Are Available For Practice.

Minimum Deposit Requirements As Low As 10 Dollars.

Support For MT5 Platform With Flexible Deposit And Withdrawal Options.

No Deposit And Withdrawal Handling Fees.

Disadvantages:

Clients From Australia, Belgium,

Limited Customer Support Options, Help Center Only, No Phone Or Live Chat Support Available.

Educational Resources Are Relatively Limited.

Legitimacy

Regulation: IUX Is Operated By IUX Markets Limited, Regulated By The South African FSCA And The Australian ASIC, With A Legitimate Regulatory Qualification.

Transparency: As An STP (straight-through Processing) Licensee, IUX Provides Transparent And Efficient Order Execution That Meets Australian Financial Standards.

Tradable Assets

Assets Allowed To Trade Include:

Currency Pairs: 60

Stocks: 120

Indices: 23

Cryptocurrencies: 5

Commodities: 19

Not Supported: Other Products Such As Forex Futures And Options.

Account Types

Account Types And Features:

Standard Account: Minimum Deposit Of 10 Dollars.

Standard + Account: Also Minimum Deposit Of 10 Dollars, No Bonus Offered.

Professional And Original Accounts: Both Require A Minimum Deposit Of 500 Dollars.

Profit Bonus: Standard + Accounts Offer A 35% Bonus On Minimum Deposits, Up To A $3,000 Bonus.

Customer Support

24/7 Customer Support Is Available. Support Is Available Through The Help Center And Social Media Platforms (e.g. Twitter, Instagram And YouTube). There Is A Lack Of Live Chat Or Phone Support.

Risk Tips

Trading Risks: Online Trading Involves High Risk And May Result In A Loss Of The Entire Investment. Not Suitable For All Traders Or Investors.

CONCLUSION

Overall, IUX Is An Online Broker That Offers Flexible Trading Conditions And Popular Products For Traders Who Wish To Start Trading On A Low Budget, Especially Beginners. However, Online Trading Always Comes With Risks And Traders Should Remain Cautious And Understand The Associated Risks.

FAQ

Is IUX Legal?

Yes, IUX Is Legally Regulated By The FSCA In South Africa And ASIC In Australia.

Are There Any Regional Restrictions On IUX For Traders?

Yes, Clients From Some Countries Or Regions Are Not Accepted, Such As Australia, Belgium, France, Etc.

Does IUX Offer Demo Trading?

Yes.

Is IUX Suitable For Beginners?

IUX Is Beginner Friendly With A Minimum Deposit Of Only 10 Dollars And A Demo Account Is Available.