IUX

IUX Review: Is IUX Broker Good?

Broker overview and general information

IUX, formerly IUX Markets, is a Forex and CFD broker that was founded in 2016 and is headquartered in Cyprus. The broker has grown steadily since its inception, gaining a global client base and expanding its offering to include a wide range of financial instruments, such as CFDs on stocks, indices and metals. As a result, IUX has received positive reviews and is ranked in the top 10 Forex brokers by Forex.com.ForexBrokers.comIt also supports the MT5 trading platform, which is a popular and easy-to-use platform. It supports deposits and withdrawals via various channels such as credit/debit cards, Skrill, Neteller, and Bitcoin.

Licensing and Regulation

If you ask if IUX broker is good, you should start reviewing from the license and registration section first, which has the following details:

• IUX Markets Limited is incorporated in association with the Financial Services Authority in St. Vincent and the Grenadines under registration number 26183 BC 2021 at Beachmont Business Centre, 321, Kingstown, St. Vincent and the Grenadines, registered address at 16 Foti Kolakidi, 1st Floor, Office A, Agia Zoni, 3031, Limassol, Cyprus.

• IUX Markets ZA (PTY) Ltd is authorised by the Financial Sector Conduct Authority (FSCA) in South Africa with FSP number 53103 registered at 1st Floor Cnr Kildare Road and MA, Newlands, Cape Town, Western Cape, 7550.

• Australian Securities and Investments Commission (ASIC) License No. 529610 under IUX MARKETS AU PTY LTD.

Broker services and products

Trading products

IUX Broker offers a wide range of trading products, offering over 60 major, minor and exotic currency pairs, giving clients access to the currency pairs they need, making Forex trading easy. Other financial services are also available, such as:

• Stocks: Stocks from leading stock exchanges around the world.

• Index: Major stock market indexes such as S&P 500, NASDAQ 100, FTSE 100.

• Metals: Gold, Silver, Copper and Platinum

• Energy: Crude oil and natural gas
  

Trading Platform

Another feature that can be used to determine whether IUX broker is good or not is the presence of a variety of trading platforms to facilitate efficient trading. The broker supports the following trading platforms:

• MetaTrader 5: The latest version of MetaTrader with additional functionality such as new technical indicators, strategy builder and advanced risk management system.

• MetaTrader5 WebTerminal: Allows traders to trade CFDs on the MetaTrader 5 web platform directly from their browser without any download or installation.

• IUX WebTrader: An easy-to-use web-based trading platform accessible anywhere, anytime, without downloading software.

• IUX App Trade: Mobile trading application supports both iOS and Android, allowing you to trade anywhere, anytime.
  
  
  

IUX Review: Account Types

Brokers offer a wide range of Forex trading accounts to suit different trading needs, including:

Standard Account: Ideal for beginners

• Minimum deposit $10

• Minimum withdrawal $3 USD  

• Maximum leverage 1:3000

• Spread from 0.2 pips

• Commission $0 per lot per side

Standard+ Account: Up to 35% deposit bonus with no trading fees.

• Minimum deposit $10

• Minimum withdrawal $3 USD  

• Maximum leverage 1:1000

• Spread from 0.5 pips

• Commission $0 per lot per side

• Deposit Bonus 35% and 25%

Pro Account: Account for professional traders with free commission.

• Minimum deposit $500

• Minimum withdrawal $3 USD  

• Maximum leverage 1:3000

• Spread from 0.1 pips

• Commission $0 per lot per side

Raw Account: Designed for those seeking tight spreads and direct market access.

• Minimum deposit $500

• Minimum withdrawal $3 USD  

• Maximum leverage 1:3000

• Spread from 0 pips

• Commission $3 per lot per side

Deposit and Withdrawal

Deposit

• Deposit channels:The broker supports deposits via all Thai banks, including QR Code payments.

• Processing time:Most deposits are credited instantly, allowing traders to start trading without waiting.

• fee:The broker does not charge any fees for deposits. However, the fees incurred may come from the provider or the bank used to make the transaction.

Withdrawal

• Withdrawal channels:Withdrawals can be made through Thai banks such as Siam Commercial Bank, Krungthai, Kasikorn Thai, Bangkok Bank, Krung Sri Ayudhya, TMB, Kiatnakin, CIMB Thai, UOB and Government Savings Bank.

• Processing time:Withdrawals often have processing times that may vary depending on the withdrawal channel chosen. Thai bank withdrawals are usually credited within 1-15 minutes after the transaction is completed.

• fee:The broker does not charge any fees for withdrawals, but it is best to check the latest terms on the website or ask customer service for clarification.

  
  
  

IUX Bonuses and Promotions

1. 35% Deposit Bonus:

• Every deposit on Standard+ account receives a 35% bonus up to $300 to increase your trading capital.

2. 25% Deposit Bonus:

• After reaching the 35% bonus limit, traders can receive a 25% deposit bonus up to $3,000 on Standard+ accounts to enhance their trading liquidity.

3. Special Bonus 50% (Coming soon)

• Deposit a minimum of $50 on Standard+ account and receive a 50% bonus up to $500. This offer can only be claimed once per user.

4. LotBack program

• A special program that rewards traders for every trading activity by accumulating LotBack Points (IRP), which can be exchanged for cash or trading bonuses.

Customer Service and Support

If you have any questions or need assistance, you can contact us through the following channels:

• Email: [email protected]

• Live chat is available 24/7 via the official website, IUX Application and all social media platforms.

IUX Broker Review Overview Summary

IUX is a broker focused on providing a comprehensive and secure online trading service, supporting a wide range of assets including Forex, Stocks, Indices, Commodities and Cryptocurrencies. It features fast connectivity and the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms trusted by traders around the world.

The main advantage of IUX is supporting fast and convenient financial transactions. It supports deposits and withdrawals through all Thai banks and QR Code systems. There are no additional fees for deposits and withdrawals. In addition, IUX emphasizes security by verifying identity and conducting transactions only through accounts with the same name as the trader.

However, it is advisable to consider the regulatory requirements for investment confidence and check the details of the conditions before deciding to use the service.

Frequently asked questions about IUX

1. Is IUX Market a scam?

• IUX is a popular broker among traders, with a lot of user reviews. It is also licensed and regulated by several agencies such as FSC, FSCA, and ASIC, which is a guarantee of safety to some extent. Traders can read IUX reviews from real users to help them make a decision.

2. Does IUX have any bonuses?

• Brokers offer promotions and bonuses for traders, including:

  • 35% Deposit Bonus:Every deposit on Standard+ account receives a 35% bonus up to $300 to increase your trading capital.

  • 25% Deposit Bonus:After using the 35% bonus to its limit, traders can receive a 25% deposit bonus up to $3,000 on Standard+ accounts.

Bonus details are subject to change, so be sure to check the broker's website for updated information.

3. IUX can't withdraw money?

• Withdrawal problems may be caused by incomplete conditions, such as incomplete verification or non-fulfillment of bonus requirements. If you encounter any problems, you should contact the broker's customer service immediately.

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IUX ReviewCompare spreads, fees, trading platforms, deposit and withdrawal conditions, and more, with real user reviews to help you decide on the broker that suits your needs.