All Share (J203) = 89 647
Rand / Dollar = 18.17
Rand / Pound = 23.54
Rand / Euro = 19.62
Gold (usd/oz) = 3 079.37
Platinum (usd/oz) = 986.20
Brent (usd/barrel) = 73.01
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

IEXS Account Types

IEXS Account Types

 

IEXS offers traders a choice between three live account types and traders will find that through these live account types, the broker offers comprehensive solutions These consist of the  Standard Account,  DMA Account, and Clearing Account.

 

IEXS at a Glance

 

🔎 Broker's NameIEXS
📍 HeadquarteredLondon, United Kingdom
📅 Year Founded2019
⚖️ Regulating AuthoritiesFCA, FINTRAC, VSFC, and BVI
🌐 Countries not accepted for tradeUnited States
☪️ Islamic account (swap-free)No
👍 Demo AccountYes
📊 Institutional AccountsYes
📊 Managed AccountsNo
📈 Maximum Leverage1: 50
💰 Minimum Deposit$200 / R 3198,06
💳 Deposit Options
Bank Wire Transfer
Debit Cards
Credit Cards
💳 Withdrawal Options
Bank Wire Transfer
Debit Cards
Credit Cards
💻 Platform TypesMT4, MT5
📱 OS CompatibilityWeb browsers, Desktop, Windows, Mac, Android, and iOS
📈 Tradable assets offeredForex
Metals and energy
Indices
Cryptocurrencies
Commodities
Shares
👨‍💼 Languages supported on WebsiteEnglish and Chinese
👥 Customer Support LanguagesEnglish and Chinese
📆 Customer Service Hours24/5
🚀 Open an Account👉 Click Here

 

Min Deposit

USD 200

Regulators

FCA, FINTRAC, VFSC, BVI

Trading Platform

MT4, MT5, FlexTrader

Crypto

Yes

Total Pairs

0

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

IEXS Account types – 11 key points quick overview:

  1. ✔️IEXS at a Glance
  2. ✔️IEXS Account types – 11 key points quick overview:
  3. ✔️IEXS Overview
  4. IEXS Account Types
  5. IEXS Account Features
  6. IEXS Islamic Account
  7. IEXS Demo Account
  8. IEXS Islamic Account
  9. IEXS Pros and Cons
  10. Conclusion
  11. Frequently Asked Questions

 

IEXS Overview

 

IEXS Overview

 

IEXS is a financial broker that headquarters in London, UK. It was founded in 2019 by a group of professional financial experts with more than 20 years of experience in the online trading industry.

 

Originally known as Integrated Exchange Securities, it seems to now be known as Vision Integrated Exchange (VIEX). There is some confusion when looking for information on the IEXS website since it keeps jumping to the VIEX website and no links work.

 

Besides operating in the EU region, the broker also has offices in cities in the Asia-Pacific region and South America.

 

The broker offers trading on the popular MetaTrader4 and MetaTrader5 platforms which are available for desktop, web, windows as well as Android and iOS devices.

 

Trading is offered on forex, metals and energy, indices, cryptocurrencies, commodities, and shares. Not much information is available on the website, but the broker seems to offer competitive tight spreads and margins, fast execution, and competitive commissions.

 

The broker does not accept clients from the United States.

 

IEXS Account Types

 

IEXS Account Types

 

IEXS offers traders a choice between three live account types and traders will find that through these live account types, the broker offers comprehensive solutions and services along with competitive trading conditions.

 

The three account types that can be opened are an IEXS Standard Account, an IEXS DMA Account, and an IEXS Clear Account. In addition, the broker also offers the choice of a demo account that can be used by beginner as well as advanced traders.

 

IEXS does not offer clients of the Muslim faith the option to open an Islamic Swap-free account.

 

IEXS Account Features

 

There is not much information forthcoming from the broker’s website regarding the features of the three live account types.

 

Some resources state that the minimum deposit required is $200 / R 3198,06 but this is not clear on the broker’s website.

 

📍The only information on the accounts is as follows:

 

IEXS Standard Account

 

This is the typical trading account that is suitable for beginners and the more advanced trader and offers a wide range of features.

 

IEXS Account Features

 

IEXS DMA Account

 

The DMA account is more focused on professional, institutional, and hedge fund managers. It is designed to satisfy the needs of the most demanding trader and is Fix-API supported.

 

IEXS Account Features

 

IEXS Clearing Account

 

The IEXS Clearing Account caters specifically to the professional and offers various IT solutions. In addition, it offers risk management support to the broker’s institutional clients. The broker provides flexible clearing plans and support for this account type.

No other features like spreads, commission charges, minimum deposit requirements, maximum and minimum lots, etc. are available on the broker’s website.

 

IEXS Account Features

 

IEXS Islamic Account

 

IEXS does not offer Muslim traders who follow the Sharia law the option of opening an Islamic Account.

The Islamic account gives Muslim clients an additional swap-free option without being charged during overnight positions of swaps or rollover interests.

 

IEXS Demo Account

 

IEXS Demo Account

 

📍 On the IEXS website it offers the option to open a Demo Account. This kind of account can be used in many ways which can include the following:

 

  • It is a practice account mostly used by beginner traders who wish to improve their trading skills and experience in a risk-free environment through the use of virtual funds.
  • More advanced traders also use the demo account to evaluate and compare brokers and to explore IEXS’ trading conditions in a risk-free environment.
  • Traders who would not want to risk losing their capital but wish to test their trading strategies in an imitated live trading environment can also use the demo account.

 

Not much else is available on IEXS’ website. The virtual funds that are available on the demo account are $ 100 000 and there is a link that says, ‘Register demo’. When you click on the banner it reverts to the VIEXS website and does not open to give you the option to register for a demo account.

 

With most brokers, the demo account usually has the same features as the live account type and is available for 30 days.

 

Registering for an account on the website can be done within a few minutes. As soon as the trader is registered, demo trading can start once the trader has downloaded and installed the trading platform. In the case of IEXS, it is MetaTrader4, MetaTrader5, or FlexTrader.

 

IEXS Islamic Account

 

The Islamic Account caters specifically to Muslim traders who follow Sharia law. This law prevents them from paying any type of interest, such as overnight fees. It is seen as wasteful or exploitative.

 

Overnight fees are charged by all brokers should traders hold positions open for longer after the trading day has concluded. The Islamic Account allows exemption from such fees or interest, should they hold positions open for longer.

 

IEXS does not offer an Islamic Account and this account type usually has the same features such as minimum deposit, spreads, leverage, and more, as the normal live account.

 

Min Deposit

USD 200

Regulators

FCA, FINTRAC, VFSC, BVI

Trading Platform

MT4, MT5, FlexTrader

Crypto

Yes

Total Pairs

0

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

IEXS Customer Care

 

IEXS Pros and Cons

 

✔️ Pros❌ Cons
Demo account offeredClients from the United States not accepted
MetaTrader4 and MetaTrader5 offeredLack of information
Regulated by FCA, FINTRAC, VSFC, and BVILimited base currency
Variety of financial instrumentsLittle research tools

No educational tools
No Islamic Account

 

Conclusion

 

IEXS offers traders a choice between three live account types and traders will find that through these live account types, the broker offers comprehensive solutions These consist of the  Standard Account,  DMA Account, and Clearing Account.

 

You might also like: IEXS Review

You might also like: IEXS Demo Account

You might also like: IEXS Fees and Spreads

You might also like: IEXS Minimum Deposit

You might also like: IEXS Sign-Up Bonus

 

Frequently Asked Questions

How many instruments can I trade with IEXS?

You can trade in Forex, Metals and energy, Indices, Cryptocurrencies, Commodities, and Shares.

 

Does IEXS have ZAR accounts?

No IEXS does not have  ZAR Account Currency

 

Does IEXS offer leverage?

Yes. Leverage of up to 1: 50 for EU clients and 1: 500 for clients from outside the EU in other jurisdictions.

 

What is the overall rating out of 10 for IEXS?

3/10.

 

Are there any apps available for an IEXS trading account?

IEXS accepts traders to fund their accounts through Bank Transfer

5/5 - (1 vote)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

March 3, 2023

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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