IUX Review:Before Investing a Single Penny, Read These Jaw-Dropping Deposit & Withdrawal Experiences

IUX, despite having an operational presence for approximately a decade, continues to face allegations from users regarding its several trading aspects. These include complaints on withdrawal processing, deposit failure, and even wide slippages that eat into users‘ margins. For some, withdrawals were never executed, for others, withdrawal processing remained only on paper. On the other hand, some’s deposits fail to show on the IUX login even after 45 days of the transaction initiation date. Concerned by these seemingly suspicious trading incidents, users hit out on several review platforms such as WikiFX. This IUX review examines these user allegations while providing a regulatory framework the broker adheres to.

Basic Information About IUX

This section showcases every detail about IUX, including its trading portfolio.

Overview

• Company Name

IUX Markets (MU) Ltd.

• Company Website

https://www.iux.com/en

• Email Address

support@IUX.com

• Trading Products

Over 165 CFD trading instruments, including currencies, commodities, stocks, indices, cryptocurrencies, etc.

• Account Types

Standard, Pro and Raw accounts

• Spread

It begins from 0.2 pips in Standard account, 0 pips in raw account, and 0.1 pips in Pro account.

• Leverage

IUX offers a maximum leverage of 1:3000 across accounts.

• Commission

Zero on both Standard and Pro accounts, and $7 per lot on Raw account

• Minimum Deposit

$50 in Standard and $200 each in Raw and Pro accounts

• Trading Platforms

MetaTrader 5 (MT5), IUX Trade App and IUX Web Terminal

• Customer Service

The customer support service is available in multiple languages - English, Spanish, Indonesia, Portuguese, Vietnamese.

List of Currently Acquired Licenses

IUX holds multiple licenses in different jurisdictions. Here is the summary of licenses as of June 26, 2026.

Two Forex Licenses

The company has acquired forex licenses from the Australian Securities & Investments Commission (ASIC) and the Financial Sector Conduct Authority (FSCA)

ASIC License Details

• Regulatory Jurisdiction - Australia
• Licensed Entity Name - IUX MARKETS AU PTY LTD.
• License Number - 529610
• Address - Level 6, 10 Bridge Street, Sydney, NSW 2000, Australia

FSCA License Details

• Regulatory Jurisdiction - South Africa
• Licensed Entity Name - IUX MARKETS ZA (PTY) LTD .
• License Number - 53103
• Address - 18 Cavendish Road, Claremont, Cape Town, Western Cape, 7708, South Africa

Securities Trading License Details

IUX is licensed in the place of its official registration, i.e., Mauritius by the Financial Services Commission (FSC) for securities trading. Here are its details.

• Regulatory Jurisdiction - Mauritius
• Licensed Entity Name - IUX Markets (MU) Ltd
• License Number - GB22200605
• Address - Cybercity, Ebene 72201, Mauritius, with its physical office located at Office 713, 7th Floor, Nexsky Building, Ebene Cybercity, 72201 Mauritius

While product and licensing details read impressive, the real-time experiences of some users have not been good, prompting them to flag the broker for its several suspicious trading activities. Read their reviews below.

What are Users Complaining About IUX? Check Their Reviews on Withdrawals, Deposits, Slippages & Other Reported Issues

Investigating Multiple Deposit Failures

A Qatar-based user accused the brokerage firm of scamming him of INR 10,000 due to a reported failed deposit experience. The IUX team, when contacted by the user, categorically denied any deposit being made to the trading account. However, the user pointed out that his bank confirmed the successful payment through the UPI.

The IUX team, however, failed to provide any evidence of the payment failure when requested by the user. This prompted the user to believe that the transaction was indeed successful and the broker allegedly stole it under the pretext of a credit failure claim.

At the same time, a user from India reported a missing deposit of $20.75, equivalent to INR 1,900, on the platform. Despite being confirmed by his bank of a successful payment, the trader could not hear the same from the IUX team.

Here are two strikingly similar 2026 IUX reviews, where users described their never-ending hassles with fund deposits.

Deposit Reflects After Massive Follow-ups with IUX

Despite submitting a successful deposit record, an Indian trader reportedly heard from IUX about the transaction failure. According to the user, he faced this situation multiple times at this brokerage company. In all of these cases, the trader managed to get his funds credited after a series of follow-ups with the broker, who initially denied any payment received despite being deducted from the bank account. Seeing this pattern, the trader questioned how repeated follow-ups made the broker finally accept the deposit credit on the IUX login. This clearly reflects a serious lack of transparency in its internal system, the user added. For more insights, you can read this review.

Deposit Remained Uncredited for 45 Days, a Trader Reported

An Indian user claimed uncredited deposits into his IUX trading account for 45 days at the time of his review, which came in April 2026. Such a delay sparks concerns about the fund's safety.

Some other deposit complaint screenshots are below, have a look.

Low Transaction Fees & Smooth Order Execution Come at the Expense of Poor Customer Service

A Malaysian user reportedly felt impressed and unimpressed at the same time with his overall trading experience with IUX. Hailing its low transaction fees and smooth order execution, the trader termed it as the most unique brokerage entity he came across. However, the downside was the alleged delay in deposit and withdrawals along with no support for certain payment methods. The foundation of a brokerage entity ultimately lies in a robust deposit & withdrawal process, which the user allegedly did not experience here. This prompted the trader to share this negative IUX review.

Withdrawals Executed But Failed to Hit Bank Accounts for Days, Traders Claim

Multiple users across Thailand, Vietnam and Indonesia have accused IUX of delaying their fund withdrawals for many days. These users reported successful IUX withdrawal processing on the platform. However, despite contacting the team multiple times through several communication channels such as email, several users were told that the transaction was under process. Here are some unfavorable withdrawal experiences.

Multiple Platform Freeze Allegations

Indian users, in particular, took strong exception to the constant platform freeze that worsened their fund withdrawal experiences. Here are some IUX reviews on this.

Some Unfortunate Trade Order Execution Experiences

A Thailand-based user claimed wide spreads and frequent slippages on the IUX platform. According to the user, these prevented him from closing trades. Meanwhile, another user from Thailand claimed that IUX closed orders at a much lower price, which was not even the trading price on the day of execution. This allegedly made the trader lose significantly. Check these IUX complaints concerning suspect trade manipulation by the broker.

Conclusion - Is IUX Your Trustworthy Brokerage Partner?

IUX presents itself as a globally regulated brokerage offering a diverse range of trading instruments, competitive spreads, and high leverage options. On paper, its regulatory coverage across Australia, South Africa and Mauritius may provide traders with a degree of confidence regarding its operational framework.

However, the user experiences highlighted in this review paint a more concerning picture. Multiple traders from different countries have reported issues ranging from delayed or missing deposits and withdrawals to platform freezes, poor customer support, and alleged slippage during trade execution. While individual complaints do not necessarily prove wrongdoing, the recurring nature of these allegations across several regions raises questions about the broker's operational reliability and customer service standards. Due to the volume and nature of complaints, the broker managed just a modest score of 6.10 out of 10.

Prospective traders should therefore exercise caution and conduct thorough due diligence before committing substantial funds. Testing the broker with smaller deposits and withdrawals, carefully reviewing its regulatory status, and monitoring independent user feedback can help traders make a more informed decision. Ultimately, while IUX offers attractive trading conditions on paper, traders should weigh these benefits against the reported concerns and determine whether the potential risks align with their own risk tolerance.

Download the WikiFX app for more such broker exposure reports, along with smart trading strategies.

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