Desk file · 2026 edition · record confidence: high
IUX (IUX Markets)
We opened the file on IUX (IUX Markets) the way we open every file: register first, marketing never. Trading since 2016, run out of Ebene Cybercity, Mauritius, and carrying 5 licence entries on the public record, 1 of them tier-1. Onboarding runs through the Saint Vincent entity; the ASIC arm does not serve iux.com clients.
What the two desk scores say
Both are out of 10 and both are computed, not felt.
| Cost score | Priced off the spread basis below, not off a headline rate card. | 6.8 |
|---|---|---|
| Safety score | Weighted on licence tier and on how many of the entries we could re-read at source. | 6.6 |
| Cost per 10 lots | Ten round-turn EUR/USD lots priced at the spread basis, commission excluded. | $90.00 |
Spread basis. broker's published fee schedule (typical, Standard account) — not independently sampled. Nothing on this page is a live quote; a spread printed on a Tuesday afternoon is not the spread you get thirty seconds after a non-farm payroll release.
Licence entries, one row per entity
Every row links to the document we read it from.
| Regulator | Licence no. | Jurisdiction | Tier | Licensed entity | Source |
|---|---|---|---|---|---|
| ASIC | 529610 | Australia | T1 | IUX Markets AU Pty Ltd | iux.com |
| FSCA | 53103 | South Africa | T2 | IUX Markets ZA (Pty) Ltd | iux.com |
| FSC Mauritius | GB22200605 | Mauritius | T3 | IUX Markets (MU) Ltd | iux.com |
| FSA Saint Vincent and the Grenadines (company registration, not investment licence) | 26183 BC 2021 | Saint Vincent and the Grenadines | T3 | IUX Markets Limited | policy.iux.com |
| Mwali International Services Authority (MISA), Comoros | T2023172 | Comoros (Mwali) | T3Current status not independently verified | IUX Markets Limited | mwaliregistrar.net |
Which entity actually holds your money is decided at signup, by the country on your application — not by the strongest licence in this table. Read the client agreement you are handed, then match the entity name against the row above.
What we were able to confirm
Confirmed at source
- The contracting entity in IUX's General Business Terms is IUX Markets Limited, incorporated in Saint Vincent and the Grenadines under number 26183 BC 2021.
- IUX's own regulation page states that IUX Markets AU Pty Ltd 'does not operate, control, or provide any products or services through this website', so the ASIC entity is not the one onboarding clients on iux.com.
- The ASIC register extract published by IUX shows AFSL 529610 for IUX MARKETS AU PTY LTD, commenced 22/07/2021 — the figure '5296120' seen in some directories is not the register number.
- IUX states it does not solicit or provide services to persons in Australia, Canada, the UK, the USA or Malaysia.
- The company's General Business Terms set a $200 minimum deposit to activate a Raw account; third-party directories report entry points from $10 to $50 on other account types.
- IUX has been a member of The Financial Commission (external dispute resolution) since November 2024, via IUX Markets (MU) Ltd.
- IUX's published fee schedule lists a typical EUR/USD spread of 0.9 pips on the Standard account and 0.7 pips on the Pro account, with a $7 per-lot commission on the Raw account (iux.com/en/trade/fees, 'typical spreads under normal market conditions').
- IUX's Client Agreement states the Company 'shall provide Negative Balance Protection to ensure that it is not possible for Client Account balance to fall below zero', with balances below zero automatically reset to zero (policy.iux.com/en/client-agreement/).
- Cost positioning, from the records in this file: IUX's typical 0.9-pip Standard spread beats tier-1 desks recorded here at 1.0 pips (OANDA, FOREX.com) on the same pair, and its 0.7-pip Pro spread matches Pepperstone and IG Group on their standard accounts — while its $200 minimum is above the $0 entry those desks offer.
- Financial Commission membership gives IUX clients access to its external dispute resolution process and a compensation fund capped at €20,000 per client (financialcommission.org/what-we-offer/compensation-fund/).
- Execution runs on MetaTrader 5, which supports Expert Advisors, hedging and netting account modes and depth of market; IUX additionally operates its own web platform and mobile app against the same pricing.
Not verified
The following could not be traced to a primary source at the time of filing. We publish the gap rather than a number that would look tidier:
- exact minimum deposit for the Standard/Cent account (sources range $10–$50)
- current status of the Mwali/MISA licence — the register entry lists an end date of 23 February 2025
- Limassol, Cyprus HQ claim (appears in Finance Magnates directory; IUX's own materials and Wikipedia give Mauritius)
| Founded | 2016 |
| Head office | Ebene Cybercity, Mauritius |
| Minimum deposit | $200 |
| Leverage cap | up to 1:3000 (offshore entities; Raw and Pro accounts) |
| EUR/USD | 0.90 pips |
| Tier-1 entries | 1 |
| Record confidence | high |
Platforms and account types on file
Platforms
Account types
Markets
Other records open on the desk
CFDs are complex instruments with a high risk of losing money rapidly due to leverage. A desk file is a record of what the public register said on the day we read it, not a recommendation to open an account.