IUX

Rating: 4.5 / 5

IUX is a decent choice for cost-conscious traders looking for a secure and efficient trading environment. Its standout features are the extremely low $10 minimum deposit, highly competitive trading costs on its Raw ECN account, and the significant advantage of being a swap-free broker across all account types. While it caters well to both beginners and experienced traders with the versatile MT5 platform, its range of assets and educational resources is more limited compared to some larger competitors. Overall, for traders focused on low fees and fast execution, IUX is an excellent and rapidly growing broker.

IUX Website Screenshot

Broker Details

Headquarters
Mauritius
Established
2016
Min Deposit
$10
Execution
ECN/STP, Market Maker
Regulators
ASIC, FSC Mauritius, FSCA

Trading Conditions

Retail Loss Rate
Undisclosed
Min Raw Spreads
0.0 pip
Min Standard Spreads
0.2 pips
Min Forex Commission
N/A
Trading Hours
CommoditiesSunday 23:01 - Friday 21:55
Crude OilSunday 23:01 - Friday 21:55
GoldSunday 23:00 - Friday 21:59
MetalsSunday 23:00 - Friday 21:59
Equity IndicesMonday 14:30 - Friday 21:00

Accounts & Funding

Funding Methods
15+(bank wirescredit/debit cardscryptocurrenciesand several online banking solutions for its local Asian markets)
Deposit Options
Credit CardsWire TransferDebit CardsOtherCrypto Currency
Deposit Fees
No
Withdrawal Options
Credit CardsWire TransferDebit CardsOtherCrypto Currency
Withdrawal Fee
No

Trading Costs & Spreads

EUR/USD
0.8 pips
GBP/USD
1.0 pips
Gold
$0.18
Bitcoin
$158.80
WTI Crude
$0.04
Inactivity Fee
$0

Platform & Features

Trading Platforms
MetaTrader 5

Pros

  • IUX Markets AU regulated by top-tier ASIC (for Australian clients)
  • Low $10 minimum deposit for Standard accounts
  • Extremely competitive spreads (from 0.0 pips)
  • Deep liquidity and high leverage

Cons

  • MT5 platform is the only platform offered

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