We can’t deny the growing popularity of trading. Undoubtedly, the Forex market is highly competitive. Therefore, it’s safe to assume that most traders already have a broker in mind. However, a unique generation of brokers is worth your time, and we would like to introduce you to them right now. So, let’s take a look at the review of IUX Markets provided by our team, Finxpd.
List of Contents
IUX Markets: Overview
The UK and Cyprus are the home bases for this British and Singaporean broker. As a broker, IUX Markets is part of Cyprus’s big and well-established industry, where many other brokerages and financial institutions are also based. To some extent, this demonstrates credibility.
IUX Markets is a gifted and rapidly expanding broker launched in 2016. Compared to when it originally came out, this could be because of the generous welcome offer of up to $30 plus an extra 35% on the initial deposit. A minimum deposit of only $10 is required.
However, this is not what makes IUX Markets stand out; alternatively, IUX Markets is the broker with Cloud Servers in Singapore, so orders can be filled quickly and without requotes. This contrasts with other brokers, which rely on a database server in the United States or Europe.
Therefore, investors need not worry that the order will collapse when market volatility is high due to news or other key occurrences. The company guarantees and claims 100% if anything goes wrong.
Regulation and Registration
IUX Markets Limited is a regulated and licensed broker of international CFDs trading securities. IUX Markets Limited is authorized by the MWALI International Services Authority (Comoros) with license number T2023172 as an international brokerage and clearing house registered in P.B. 1257 Bonovo Road, Fomboni, Comoros, KM. which can be found on MWALI Registrar Website
In addition, IUX Markets Limited is registered with the National Futures Association (NFA) trading regulator, which supervises derivatives and futures brokers, NFA ID: 0549829.
Account Types of IUX Markets
IUX Markets offers three types of accounts: Raw, Standard, and Standard Bonus accounts.
There is no competition when you open a Raw Account with IUX Markets. In addition to regular brokerage accounts, IUX Markets provides customer service Raw accounts for those who prefer greater control over their trades and a more reliable pricing feed. With spreads as low as 0.0 pips and fast order execution, customers can trade instruments as fast as possible. In addition, IUX Markets charges a commission of only $3.5 per trade, a meager fee.
The Standard account has the lowest possible spreads. IUX Markets offers an average spread of 0.2 pips on the EUR/USD pair with no swap and trading fees. The IUX Markets Low Spreads account is a very liquid market with near-instantaneous trade execution. It’s tailor-made for active traders, short-term and long-term, and experienced advisors.
IUX Markets’ Standard Bonus Account is second to none regarding execution speed. Add to that the fact that IUX Market’s regular account’s spreads begin at just 0.5 pip and that they use Equinix NY4 servers in New York and a network of up to 25 pricing providers, and it becomes clear why they can provide their clients a truly remarkable trading experience, 24 hours a day, every day.
Deposit & Withdrawal
IUX Markets has improved its deposit and withdrawal options by adding up to 19 opportunities.
After verifying the bank account, you’ll see a withdrawal window where you may enter the required amount in dollars; this process takes only a few minutes to withdraw.
This broker promises instantaneous deposits and withdrawals. After testing the deposit, our team discovered funds were available in their trading account within a minute. Therefore, it can be determined that IUX Markets is provided a beneficial service for its clients.
Products in IUX Markets
In particular, IUX Markets caters to many foreign exchange instruments in the market. Here are instruments that you can trade as follows;
- Forex trading
- Futures trading
- Cryptocurrencies CFDs
- Spot indices trading
- Share & Stock trading
- Precious metals trading
- Trade CFDs on Energies
In addition to Forex trading, IUX Markets offers various services for trading other instruments.
MetaTrader 5 is one of the platforms that be used for trading on IUX Markets. The MetaTrader5 platform is the most widely used among IUX Markets trading platform and comes with a guarantee of efficiency and low costs.
IUX Markets also provides another trading platform, WebTrader5, which is also helpful for its clients.
The Benefits of MetaTrader 5 (MT5)
It’s no secret that MetaTrader 5 (MT5) is gaining popularity in the industry. In many ways, MT5 represents the future of retail trading. However, we must examine what makes this new platform so exceptional.
Principal Meta Trader 5 functions:
- Real-time price
- Extensive trading history
- Trading assistance via audible signals
- Customized chart color palettes
- Free financial news
- MQL5.community chat with registered traders
- Connectivity to hundreds of forex brokers
- 6 pending order types
- 38 Well-known Indicators
- 21 Time frames
- Transfer funds among accounts
- Allowable hedging
- No FIFO rule
- Fundamental calendar integrated
- Integration of Commerce
- Unique indicators of superior quality
- Multiple market order ability
- Integration of MT5 Supreme Edition
The fact that traders on the MT5 platform are not limited to pre-installed analytical tools like tables, indicators, and graphs is a huge perk. With the help of MQL5, a high-performance, object-oriented programming language, traders can design their technical indicators.
The code should be more user-friendly than MQ4, allowing even novice traders to write automated trading programs called “Expert Advisors” (EA). When given the appropriate data, trading robots (EAs) can execute various trading strategies automatically. This approach gives investors easy access to comprehensive market research and predictions.
Beginning with Beta Build 1281, hedging was an option in MT5 that had previously been exclusive to MT4. Hedging is an alternative to traditional netting, allowing investors to make several trades in either direction with a single symbol. The netting mechanism for trading exchange products and hedging in currency trading is now available on the MetaTrader 5 institutional platform.
The order management features in MetaTrader 5 have also been improved (e.g., filling orders using multiple deals, including partial fills). A new position is created if an investor already holds a position at a symbol and makes another transaction. MetaTrader 5’s hedging strategy is based on this principle. The trader can monitor the current profit for each open position and establish and adjust Stop-Loss and Take-Profit levels.
IUX Markets will charge fees depending on the account types, starting at 0.0 Pips.
There is no commission for the trading instruments on the Standard and Standard Bonus, while the Raw account has a $1.75 per lot per side.
However, even though the Raw account is the only account with a commission fee, this account has a spread starting at 0.0 Pips, which is reasonable.
$30 Deposit Bonus for the First Deposit
A $30 bonus is available to new traders making their first deposit with IUX Markets. Deposit IUX Market and they’ll double your deposit, up to $30, with a Standard or Raw account. In addition, new traders can get started with IUX Markets with a ten-dollar warranty. So, if you put in $10, you’ll immediately have $40 in your account, thanks to the initial $30 bonus.
35% Deposit Bonus
A maximum 35% bonus will be credited to us whenever you deposit to your IUX broker account, so if you deposit $100, you will receive $30 immediately. Only Standard Bonus accounts are eligible for this offer.
Lot Back Program
You can reinvest your Credit or Balance by using the Lot Back service. It has a low spread relative to bonuses and can be traded frequently (average level 3 returns $9 for each traded lot). Please note that (1 Point = $1 credit or $0.5 cash) this requirement only applies to Standard accounts.
How to Trade on IUX Markets
1: Login or open an account at IUX Market.
2: Complete the information form
3: Our email verification process will lead you to this page.
4: You have to confirm your email address before using your account.
5: Return to the homepage and sign in there. Sign in, then decide what kind of account you want to create.
6: Fill in your investment details. You can set the leverage, trading, and investor passwords on this page.
7: Now, you are ready to trade.
- Email: [email protected] available in English only
- Facebook: https://www.facebook.com/IUXMarkets
- Live chat: 24/7 English, Indian, Bahasa Indonesia, Vietnamese, Tagalog, Burmese, and Malay
- Instagram: https://www.instagram.com/iuxmarkets/
- Youtube: https://www.youtube.com/@iuxmarketsglobal
Pros & Cons
- Spreads are tight (between 0.2 and 0.5 pips), with no swap fees.
- Withdrawals and deposits can be made quickly, and no fees.
- First-time deposits get a $30 bonus and 35% extra on top of their first investment.
- Live chat is available 24/7.
- Standard (Bonus) Accounts can leverage up to 1:1000, and Standard accounts can leverage up to 1:3000.
- Participate in the currency exchange market using the widely used MetaTrader5 (MT5) software.
- The IUX Markets rarely advertises.
- Not focusing on IB
- No Micro or Cent accounts allowed
- Using only MT5
To sum up, the above is all our information about the IUX Markets broker for those seeking a trading broker. We hope it’s an excellent resource for investors to everyone’s benefit. IUX Market is a leading low-spread Forex broker that gives its customers access to various financial markets. Traders can access the platform from any computer or mobile device due to its popular MetaTrader5 trading platform. In addition, there is a welcome bonus for first-time traders. Nonetheless, additional low-spread brokers who make it simple to trade are available. However, since there is always the possibility of losing money when trading, you should consider its features carefully before you decide to trade with them.
IUX Markets offers benefits and drawbacks. For benefits, all types of assets are available for trading, spreads are minimal, swaps are free, deposit and withdrawal fees are waived, and deposits and withdrawals are expedited. However, no Micro or Cent accounts exist, and only the MT5 trading platform is available.
IUX Market offers 3 account types: Standard Bonus, Standard, and Raw.
Download at https://www.iuxmarkets.com/th/platforms/mt5
Bonus conditions can be checked at https://www.iuxmarkets.com/th/about-us/condition
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