What Are IUX Markets
Founded in 2016, IUX Markets serves core Asian markets with a broad range of deposit and withdrawal methods. It supports several online banking solutions for local Asian markets, as well as bank wires, credit/debit cards, and cryptocurrencies.
Registration is easy, requiring e-mail verification. A free demo account is available to new clients. The website notes 24/7 customer support, and traders may reach a representative via live chat or e-mail. The company also offers a multilingual support team, including Thai and English.
iux market provides its traders with the out-of-the-box MT5 trading platform, which offers automated and copy trading features. Traders may access MT5 for desktop, laptop, and mobile devices.
What Are IUX Markets and How Do They Work?
The IUX Markets trading portal is easy to navigate and provides real-time quotes and market news. It also offers a variety of tools and analysis, including charts, indicators, technical studies, and more.
Low trading costs remain a strong selling point for IUX Markets, which maintains fees up to 50% cheaper than most competitors. This competitiveness comes in part from the broker’s 25+ liquidity providers, fast order execution of below 30 milliseconds, and minimal slippage.
In addition, IUX Markets offers swap-free trading, and it has an advanced algorithmic trading platform. It is a leading algorithmic Forex broker, and it is well-suited for scalpers and high-frequency traders.
Customer protection is an important consideration for Forex brokers, and IUX Markets does not offer third-party insurance or membership with the Hong Kong-based Financial Commission. However, it does accept most major credit and debit cards.
IUX Markets’ secure back office handles all financial transactions for verified clients, including deposits and withdrawals. The processing times vary depending on the payment processor, but they typically reach ten minutes.
The IUX Markets customer service team is available in multiple languages, and the FAQ section lists answers to most common queries. Traders may contact the company through live chat, e-mail, and social media channels.
IUX Markets’ trading costs are not the cheapest in the industry, but they are still very competitive. They boast lower spreads than most other brokers, and they offer a range of bonuses to attract new traders.
