IEXS Review – Overall Solid Performance From An International Company
IEXS Review – Overall Solid Performance From An International Company

While not a common household name, this brokerage has managed to carve its place in the lineup of global providers. The firm has good legal backing, and overall fine trading conditions.

The service is not without its cons, however, which we will elaborate further in our IEXS review.

Regulated by: FCA, ASIC, FINTRAC, BVIFSA
Is This Company Safe? According to the licenses they hold, the firm should be safe for investing.
Known Websites: iexs.com

iexs.asia

iexs.tw

Have Warnings from: N/A
Registered in: SVG, UK, Australia, Canada, British Virgin Islands
Operating since: 2020
Trading Platforms: MT4, MT5
Maximum Leverage: 1:800
Minimum Deposit: $200
Deposit Bonus: Available
Trading Assets: Forex, Indices, Shares, Metals, Energies, Crypto 
Free Demo Account: Available
How to  Withdraw from This Company? Although regulated, the company’s reputation isn’t confirmed by reviewers, so contact us if you appear to have troubles with payouts.

Regulated In Multiple Jurisdictions

Depending on the jurisdiction you’re from, you can expect your service to be provided by one of the branch offices. Each of these is regulated in their own jurisdiction, with the IEXS LLC SVG branch being made available to global clients.

Since the SVG FSA has ceased regulating online brokers, the company established a branch in BVI called IEXS Clearing limited and obtained an FSA license there. This serves to cater to the international clients, and provides less restrictive service due to the loose nature of offshore licensing.

The brokerage is not without their solid Tier-1 licenses, though. Under the name of Vision Integrated Exchange LTD, the company is operating in the UK with an approval from FCA. The Australian branch, IEXS GLOBAL PTY LTD holds an ASIC license, while the firm is supervised by FINTRAC in Canada.

Now, the global licensing did not go without a hitch, however. The regulatory authority of the offshore nation of Vanuatu, FMA, has placed the company on the list of entities that are no longer licensed.

How Does The Company Reach Clients

The iexs.com domain was created as early as 2004, but it was not acquired by the company until 2020. Examining the web traffic, we concluded that the service is mostly used by citizens of these nations:

  • Italy
  • Malaysia
  • United States

The company operates profiles on Facebook, Instagram, X, YouTube and LinkedIn, all with a decent number of followers. Additionally, they also host several instant messaging channels which improves company-client relations.

The only thing that’s outside of the norm is the lack of any IEXS reviews on popular platforms, even though the website makes claims about the company being rated out of 4.9. This behavior is something more common with illicit entities like Absolute Markets.

Regulatory Limits to Leverage

While international customers can trade under high leverage of up to 1:800, UK clients can only trade with the maximum exposure of 1:30, while the ratio cap for Canadian investors is set to 1:50.

Starting spreads on EUR/USD pair are 1.4 pips, but depending on the account type, they can be as low as 0.0 pips.

Cash Bonuses and Other Rewards

Somewhat reminiscent of the good ole tombola, bonuses are a daily form of reward. Everyone who deposits at least $200 each day is eligible to participate with funds up to $5.000 being available for the lucky random draws. 

The downside to the promotion is that legal documents aren’t transparent enough about the possibility of withdrawals.

Multiple Alluring Tools

From high bonus incentives, to a variety of trading instruments, the company also allows access to their independent trading server via the prestigious MT4 and MT5. The software is available across all devices. Read on for specifics.

MT4 and MT5 are Fully Functional

Being one of the best trading platforms to this day, these premium software have enticed countless Forex investors worldwide. From novices to veterans, traders all over the world use the magnificent MT4 and MT5 primarily for Forex and CFD price speculation. 

Thanks to its rich palette of analytical tools, indicators, EAs, and different timeframes, traders are able to keep an edge on every market with the IEXS MT4, as well as MT5.

Mobile App for Download

Not all traders are able to trade glued to their desktop machines all day. To still allow them to participate in the great Forex race, the broker has made the IEXS app available for download to mobile devices on Google Play and App Store. Although IEXS proprietary software solution is also mentioned, the download links are broken.

Variety of Assets

The website offers a detailed preview of the range of available markets, including CFDs and IEXS spread betting instruments:

  • Forex – EUR/USD, USD/JPY, EUR/GBP
  • Indices – DE30, EU50, HK50
  • Shares – Tesla, Facebook, Amazon
  • Metals – Gold, Silver
  • Energy – Natural Gas, Oil
  • Crypto – BTC/USD, ETH/USD

Competitive Account Choices

Generally, there’s two packages features on the site and available for purchase:

  • Standard account – $200 available for the majority of FX investors with lowest spreads and high leverage
  • DMA account – $10.000 recommended for professionals who seek deep liquidity maximum control of their strategy execution

Registering for an account, however, immediately requires the user to confirm both email address and phone number.

Trial Trading is Available

Potential clients that are not immediately certain about which package to buy can start a trial trading period. That’s available thanks to the Demo account offer. The available virtual assets for testing the trading environment are $100.000. 

Shabby Education Materials

One of the major cons of doing business with this company is just how subpar their education materials are. They are limited to a few FAQs which barely touch on the subject of online trading. This is way below any industry average, and you’re more likely to learn about online trading on Wikipedia.

Deposit and Withdrawal Methods

Without first creating an IEXS login, the clients are not able to access the user area and follow the steps for funding accounts or withdrawing funds. Some of the available methods listed on the site are:

  • Crypto currencies 
  • E-wallets like Skrill, Neteller, UnionPay, Afrasia

The IEXS withdrawal processing time is estimated to last no longer than 3 days, with the company being entitled but not obligated to cover the fees applied by payment processors.

Limited Support Availability

The IEXS trading service has provided several channels through which clients may contact support, including Skype and Telegram channels and a dedicated live chat. These include the The support desk is, unfortunately, not available around the clock.

Impressions and Final Opinions

IEXS Forex broker has a very solid legal foundation, so you may rest assured your funds are safe. There are multiple cons as well, which relate to differing conditions for global clients, limited support work hours and lackluster education.

Clients outside of the Tier-1 regulatory zones fall under the jurisdiction of offshore regulators that are known for loose supervision. If you believe you’ve been a victim of predatory action from this company, book a consultation with our experts.

FAQ Section

What is IEXS?

It is an internationally recognized forex brokerage service provider.

Is IEXS Legit?

Yes, the firm is fully licensed in multiple Tier-1 environments. Many international clients, however, will conduct trades under offshore regulation, so caution is advised.

How to Request IEXS Withdrawal?

Withdrawals from the company are conducted through client areas. If you believe your request has been denied without justification, however, you may contact our legal experts for advice and assistance.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!
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