IUX International (SC) Ltd Account Types & How to Open

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IUX International (SC) Ltd accounts at a glance

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Account Types at IUX International (SC) Ltd: A Closer Look

IUX International (SC) Ltd, the Seychelles-registered arm of the broker, offers three core trading account tiers through its iux.com domain: Standard, Pro, and Raw. These accounts are designed to cater to a range of trading styles and experience levels, from beginners dipping their toes into CFDs to seasoned scalpers demanding near-zero spreads.

What immediately stands out is the extremely high maximum leverage of up to 1:3000 on the Standard and presumably Pro accounts—a figure far above the caps imposed by stricter regulators. This is a double-edged sword: it allows traders to control large positions with minimal capital, but it also dramatically amplifies losses. Given that the Seychelles Financial Services Authority (FSA) does not enforce the same investor protection rules as top-tier watchdogs, traders should approach such leverage with extreme caution.

The broker also provides swap-free (Islamic) versions of all three accounts, which we'll examine separately. In the following sections, we unpack each account type, its costs, who it might suit, and the practical steps needed to open one.

Standard Account: The Entry-Level Option with Ultra-High Leverage

Billed as the go-to for new traders, the Standard account requires a modest minimum deposit of just $50 and offers spreads starting from 0.2 pips with no commission. This commission-free structure keeps costs simple, but the spread being variable means you'll pay a slightly wider spread compared to the Raw account. For many casual traders, that simplicity is worth the trade-off.

The headline feature is the staggering 1:3000 leverage. On a $50 deposit, that translates to a notional position size of $150,000—a sum that can vanish in seconds during volatile market swings. While the broker markets this as giving traders 'greater flexibility,' in reality it encourages over-leveraging, a leading cause of retail trader losses. The Standard account also supports micro-lot trading from 0.01 lots, which does allow better risk control if used wisely.

Available instruments top 120 across forex, indices, commodities, and crypto CFDs, and the account runs on both MetaTrader 5 (MT5) and IUX's proprietary platforms. Server locations in London and Asia-Pacific suggest an effort to provide low-latency execution, though actual performance will depend on your own internet infrastructure. A 30% margin call and 0% stop-out level mean your positions will be liquidated automatically once your equity falls to zero, leaving no negative balance protection—a critical absence that we'll revisit in our risk assessment.

Pro Account: Details Remain Vague, Aimed at Experienced Traders

IUX mentions a 'Pro' account on its website, but independent details are frustratingly thin. The broker's public materials do not specify a minimum deposit, typical spreads, or commission structure for this tier. From the account comparison table, we can infer that the Pro account likely shares many features with the Standard account—MT5 and IUX platforms, micro-lot trading, and the same 120+ instruments.

Based on naming conventions in the industry, the Pro account is probably intended for more experienced traders who may demand tighter spreads or additional features like one-click trading. Without clear data, however, potential clients are left guessing. This lack of transparency is a red flag; a reputable broker should disclose full fee schedules upfront. We reached out to IUX for clarification on Pro account specifications but have not yet received a response.

Given the Seychelles regulatory backdrop, where disclosure requirements are less stringent, traders considering the Pro account must be especially diligent. It is advisable to request a written breakdown of all costs—spreads, commissions, swaps, and any inactivity or withdrawal fees—before funding an account. Otherwise, you may be stepping into a black box with your capital.

Raw Account: Tight Spreads for Active Traders, With a Commission

The Raw account is IUX's offering for high-volume and scalping traders. Spreads start from 0.0 pips, the cleanest possible on a standard account, but this comes with a commission per lot. While the exact commission amount isn't publicly stated, such accounts typically charge between $3 and $7 per standard lot round-turn. The low spread makes it attractive for strategies that profit from tiny price movements, as the effective cost can be lower than a fixed-spread model for high-frequency trading.

Leverage details for the Raw account are not clearly specified on the main account page, though separate help center articles suggest that leverage limits may vary by instrument. For forex, the same maximum 1:3000 might apply, but that is an assumption—traders should confirm directly with the broker. The minimum deposit for the Raw account also isn't disclosed in the comparison table we reviewed, a common omission among brokers that want to funnel clients toward the Standard tier.

Like the other accounts, the Raw tier supports MT5 and the broker's own platforms, and swap-free conversion is possible. Given the commission cost, this account only makes sense if you trade frequently enough that the tight spread more than offsets the fee. Casual investors will likely be better served by the commission-free Standard account.

Islamic (Swap-Free) Accounts: Accessible Across All Tiers

IUX offers swap-free accounts for all three account types—Standard, Pro, and Raw—to accommodate traders of Islamic faith who cannot earn or pay interest. When a customer registers a new account, they will not be charged swap fees in the conventional sense. However, IUX's help center cautions that if customers frequently hold positions overnight, swap fees 'may be applied based on the terms and policies of liquidity providers.'

This wording is concerning because it implies that the swap-free status isn't absolute. Some brokers impose administrative fees or widen spreads on overnight positions to compensate for the lack of swap. IUX also states that customers from Islamic countries will not be charged swap fees for the first few days, but the exact grace period is unclear. Traders relying on a swap-free arrangement should carefully monitor their statements for any unexpected charges, especially during extended market closures.

On a positive note, the broker does not explicitly restrict the swap-free option to certain instruments; it should be available across the entire 120+ CFD lineup. However, given the ambiguity around swap application, we recommend requesting written confirmation of the swap-free policy before holding long-term positions.

Account Opening and KYC: What to Expect Before You Trade

Opening an account with IUX International (SC) Ltd begins with an online registration form on the iux.com website. You'll need to provide basic personal information, select your desired account type, and set a secure password. But before you can fund and trade, you must complete the verification process.

According to the broker's help center, verification is mandatory to comply with 'security and regulatory standards.' You'll be asked to upload a clear copy of a government-issued photo ID (passport, driver's license) and a recent proof of address document, such as a utility bill or bank statement. The broker then reviews these documents; once approved, you receive a confirmation email and can proceed to open a live MT5 trading account.

The process is fairly standard, though the speed of verification can vary. Some users report quick approval, while others in lightly regulated jurisdictions may face additional scrutiny. Notably, IUX does not appear to require a compulsory appropriateness test or risk disclosure quiz before allowing you to trade with extreme leverage, which is a gap compared to brokers regulated in Europe or Australia. Be prepared for the possibility that the broker may reject your application if you reside in a country where its services are restricted, as iux.com will block access from unsupported regions.

Platforms, Tools, and the Trading Environment

MetaTrader 5 is the flagship platform for IUX accounts, available on desktop, web, and mobile. MT5 is a powerhouse for technical analysis, offering 38 built-in indicators, 21 timeframes, and algorithmic trading via Expert Advisors. The broker claims that trading fees are approximately 10% lower on MT5 than on MT4, and that narrower floating spreads reduce overall costs—though this refers to the platform itself, not necessarily IUX's spreads.

In addition to MT5, IUX promotes its proprietary platforms, though details are scant. The broker mentions server locations in London and Asia-Pacific, which suggests a focus on minimizing latency for traders in those regions. However, no specifics on execution quality or average slippage are provided publicly.

One noteworthy absence is the failure to disclose a demo account option prominently. Many legitimate brokers offer unlimited demo accounts to let traders test strategies risk-free; we could not find clear information on whether IUX provides a demo. Without a demo, new traders are forced to risk real money from day one, which is not ideal for a broker that targets beginners with a low $50 minimum.

Deposits, Withdrawals, and Hidden Costs: Read the Fine Print

IUX states that it does not charge additional fees on deposits or withdrawals beyond what payment providers and banks levy. However, this means you could still face charges depending on your payment method. The broker's help center vaguely notes that 'fees may vary based on the time or the condition of the providers or banks,' leaving room for unpredictable deductions.

Withdrawal processing times are not clearly advertised. In our experience with Seychelles-regulated CFD brokers, withdrawals can take anywhere from 24 hours to several business days, and additional verification may be requested if a withdrawal amount is large. IUX also warns that banks and providers may charge fees for currency conversion and that taxes may apply, placing the onus squarely on the trader to understand their local obligations.

Critically, the broker's Standard account terms show a stop-out level of 0%, meaning your positions are closed only when your account equity hits zero. There is no negative balance protection mentioned. In the event of a sudden market crash, you could theoretically owe more than your deposit—a risk that is real under 1:3000 leverage. Traders should use stop-loss orders diligently and consider mirroring trades only in a controlled demo environment first, if one exists.

FXCanary's Verdict on IUX Accounts: Proceed with Guarded Steps

IUX International (SC) Ltd offers a range of account types that, on the surface, cater to diverse trading styles. The low $50 entry barrier and ultra-high leverage make it seductive for novices, but in our assessment, the risks far outweigh that convenience. The absence of detailed public fee structures, the vague Pro account, and the lack of mandatory risk warnings before trading are all red flags under the light-touch Seychelles oversight.

We assign IUX a Scam Risk Score of 40/100 (Guarded). While this does not indicate an outright scam, it signals that traders must exercise extreme caution. The broker's claim of serving over 1,000,000 users may be a marketing exaggeration, but even if true, it does not guarantee safety—many high-volume brokers have collapsed unexpectedly.

If you choose to open a Standard or Raw account despite our warnings, start with the absolute minimum deposit and withdraw profits regularly. Never deposit more than you can afford to lose, and never let the promise of zero-commission or 0.0-pip spreads cloud your judgment. In the unregulated space, your capital is only as safe as your own discipline.

How to open a IUX International (SC) Ltd account

The typical steps to open and fund a IUX International (SC) Ltd account. FXCanary always recommends testing a broker with a small deposit and a withdrawal before committing serious capital.

  1. Register — sign up on the official IUX International (SC) Ltd site with your email and basic details.
  2. Verify (KYC) — upload ID and proof of address; regulated brokers legally must verify you.
  3. Choose an account — pick a tier from the table above that matches your deposit and strategy.
  4. Fund — deposit via a supported method (start small to test the process).
  5. Test a withdrawal — before scaling up, confirm you can withdraw smoothly.

Read the full IUX International (SC) Ltd review →  ·  Is IUX International (SC) Ltd safe?