Eightcap Review 2025
Created on February 21, 2022 | Updated on September 30, 2025
- 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
- MT5 platform is the only platform offered
Regulators
ASIC, FSC Mauritius, FSCA
Average Trading Cost EUR/USD
0.8 pips
Minimum Deposit
$10
Editor’s Verdict
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.
Ratings
Overall
Fees
Deposit and withdrawal
Asset selection
Ease of account opening
Regulation and security
Overview
IUX is an Mauritius-headquartered Forex broker that has seen impressive growth since its operational start in 2016. It now serves over 650,000 traders globally and boasts a clean history. This broker focuses on providing a low-cost, high-execution speed environment, primarily through the MT5 platform. It operates under a multi-regulatory framework, including oversight from top-tier authorities like ASIC in Australia and the FSCA in South Africa, ensuring a secure trading environment.
| Headquarters | Mauritius |
| Regulators | ASIC, FSC Mauritius, FSCA |
| Tier 1 Regulator(s)? | ✔️ |
| Owned by Public Company? | ❌ |
| Year Established | 2016 |
| Execution Type(s) | ECN/STP, Market Maker |
| Minimum Deposit | $10 |
| Trading Platform(s) | MetaTrader 5 |
| Average Trading Cost EUR/USD | 0.8 pips |
| Average Trading Cost GBP/USD | 1.0 pips |
| Average Trading Cost WTI Crude Oil | $0.04 |
| Average Trading Cost Gold | $0.18 |
| Average Trading Cost Bitcoin | $158.80 |
| Retail Loss Rate | Undisclosed |
| Minimum Raw Spreads | 0.0 pip |
| Minimum Standard Spreads | 0.2 pips |
| Minimum Commission for Forex | N/A |
| Funding Methods | 15+(bank wires, credit/debit cards, cryptocurrencies, and several online banking solutions for its local Asian markets) |
| Islamic Account | ✔️ |
| Signals | ❌ |
| US Persons Accepted? | ❌ |
| Managed Accounts | ❌ |
IUX Core Takeaways
- Exceptionally Low-Cost Trading: IUX's primary advantage is its fee structure, featuring a very low $10 minimum deposit and a completely swap-free model on all accounts, which eliminates overnight fees.
- Top-Tier Regulation: IUX markets AU is regulated by the Australian Securities and Investments Commission (ASIC), providing a high level of security and trust.
- Versatile Account Options: With a commission-free Standard account for beginners and a Raw ECN account with spreads from 0.0 pips for advanced traders, it caters to different trading styles.
- Focused but Limited Offering: While strong in its core areas, IUX has a more limited range of tradable assets.
- Micro lots are available to trade, along with high leverage, which makes the broker very accessible for traders with limited capital to deploy.
IUX Regulation & Security
Safety of funds allocation to a broker is paramount when it comes to working with a firm; checking regulation and operational history, as well as other key indicators, can help us to mitigate these risks.
Is IUX Legit and Safe?
Yes, IUX is a legitimate and safe broker. It is regulated by three authorities globally, providing a secure trading environment. The oversight from the Australian Securities and Investments Commission (ASIC) is particularly important, as it is a top-tier regulator that enforces strict standards for client fund protection.
Note that IUX is also a duly registered company in St. Vincent & the Grenadines under registration number 26183.
Fees
IUX gives traders an obvious choice: simplicity with wider spreads, or raw pricing with a commission. For active traders, the Pro or Raw account is where the real value lies
- Spreads: The Raw account offers the tightest spreads, starting from 0.0 pips. The Standard and Pro accounts feature spreads from 0.2 pips and 0.1 pips, respectively.
- Commissions: The Standard and Pro accounts are commission-free. The Raw account has a competitive commission of $6 per standard lot.
- Other Fees: IUX charges no inactivity fees, and deposit and withdrawal fees are limited to those charged by third-party payment providers.
EUR/USD Trading Costs Example:
To illustrate the trading costs, let us calculate the expense of trading one standard lot (100,000 units) of EUR/USD on the two main account types.
