IUX review: Regulations, Platforms, Trading Instruments and Broker Ratings.

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Was IUXMarkets.com
Updated: Apr 30, 2024

What is IUX (Was IUX Markets)?

IUX (Was IUX Markets) is a forex broker with Metatrader 5 (MT5) as their trading platform in PC, Web and Mobile version, as well as its proprietary IUX Web and IUX App.

IUX.com offers over 55 forex currency pairs, commodities, oil, gold, silver, indices, stocks, and cryptocurrencies (bitcoin etc.), for your personal investment and trading options.

Please read IUX Reviews below and share your live trading experiences with this broker.

FXView.com has contacted the FPA and said "We wanted to inform that we are not associated with IUXMarket.com in any way. This particular website seems bogus and is using our registration number."

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 3000:1
Minimum to Open Live: $10
Established: 2016
Address: Beachmont Business Centre, 321, Kingstown, Saint Vincent And Grenadines
Contact: support@iux.com, +357 25247681
Regional offices:
Regulators: MISA #T2023172 , SVGFSA #26183
Prohibited countries:
Trading platforms: MT5, WebTrader, MobileTrader (MobileApp)
Web Trading: ✅ Yes
Mobile Trading: ✅ Yes

Trading Instruments

Currencies: (60+)
Cryptocurrencies: (5+) Bitcoin, Litecoin, Ethereum
CFD: (140+) Gold, Silver, Stocks, Stock Indexes, Oil, Other Commodities

Trading Conditions

EAs/Robots: ✅ Yes

Managed Accounts & Social Trading

Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Cryptocurrency, TrueMoney, UnionPay
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Cryptocurrency, TrueMoney, UnionPay
* Please check broker website for more information

Recent User Reviews of IUX

India , India,
Feb 1, 2024,
Registered user

Deposit not credited to my account

Service use: Live Length of use: 0-3 Months
I want to share my disappointing experience with IUX Market, a Forex broker. I made a deposit of 9000 INR on 31/01/2024, expecting it to reflect in my trading account within their promised timeframe of 10-15 minutes to a maximum of 24 hours.
However, it has been 48 hours, and my deposit is still missing. Despite numerous attempts to contact IUX Market through their live chat and email support, I have received no response. This delay goes against their commitment to timely transactions.
Transaction Details:
- MT5 Account: 1644246
- IUX User ID: 191621
- Deposit Amount: 9000 INR
- Deposit Transactions ID: 1945920
- Deposit Order ID: 760349772
- UPI Reference ID: 439720969499
I have all the payment proof to substantiate my claim. This experience has left me concerned and frustrated, and I want to warn others about the questionable practices of IUX Market. Be cautious before dealing with this broker.
Bangkok, Thailand,
Feb 21, 2023,
Registered user

Stay away

Service use: Live Length of use: 0-3 Months
I was attracted to this new broker after I've done a research on their account types, all the account types are swap free and they also offer a welcome bonus credit to trade. I've been trading BTCUSD for 2 weeks and my position was in 300% profit. By that time I had enough margin to open more positions but here's the timeline
On Sunday 12th Feb 2023 , I used MT5 PC to trade
- I tried to open more short position of LTCUSD , while my first BTCUSD position was still in 300% profit but the system didn't allow me to do
- I tried IUX mobile app to open the short position of LTCUSD , the application didn't allow me to
- I contacted IUX live chat support to check , the support agent asked me to check if I had enough money and margin. I sent her a snapshot both from my phone and my PC to her. Then she replied with me "this is beyond the responsibility of the admin" and closed the chat.
By that time I realized that I shouldn't trust this broker anymore
- I launched MT5 PC and tried closing the profiting BTC position but the program didn't allow me to.
- I launched MT5 mobile application and tried closing the BTC position but the application didn't allow me to
- I launched IUX mobile application and tried closing the BTC position = success
Then I withdrew all my fund out and decided to stay away from this broker at all cost.

Even this broker may come up with a good one in the industry at sometimes after , my trust and impression was already scattered and no more second chance for them
1 trader has found this review helpful