IEXS offers a selection of commissions. IEXS offers tight spreads that start from 1.8 pips on EUR/USD. However, there is no indication on the IEXS’ website on the spreads that are offered by this broker.
IEXS at a Glance
| 🔎 Broker's Name | IEXS |
| 📍 Headquartered | London, United Kingdom |
| 📅 Year Founded | 2019 |
| ⚖️ Regulating Authorities | FCA, FINTRAC, VSFC, and BVI |
| 🌐 Countries not accepted for trade | United States |
| ☪️ Islamic account (swap-free) | No |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | No |
| 📈 Maximum Leverage | 1: 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 Types | MT4, MT5 |
| 📱 OS Compatibility | Web browsers, Desktop, Windows, Mac, Android, and iOS |
| 📈 Tradable assets offered | Forex Metals and energy Indices Cryptocurrencies Commodities Shares |
| 👨💼 Languages supported on Website | English and Chinese |
| 👥 Customer Support Languages | English and Chinese |
| 📆 Customer Service Hours | 24/5 |
| 🚀 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 Fees and spreads – 8 key points quick overview:
IEXS at a Glance- IEXS Fees and spreads – 8 key points quick overview:
- IEXS Fees and Spreads
- IEXS Additional Trading Fees
- IEXS Broker Fees
- IEXS Pros and Cons
- Conclusion
- Frequently Asked Questions
IEXS Fees and Spreads
Reviews indicate that IEXS offers tight spreads that start from 1.8 pips on EUR/USD. However, there is no indication on the IEXS’ website on the spreads that are offered by this broker.
If it is 1.8 pip, it is quite high when compared with other brokers who offer spreads on this currency pair starting around 1.1 pips.
Commissions charged by IEXS are also not indicated on the broker’s website. Most brokers do not charge commissions for trader executions but collect a brokerage fee from the spreads.
IEXS Additional Trading Fees
When trading financial instruments such as forex, traders can often expect that overnight, or swap fees will be charged when positions are held for longer than a trading day.
However, there is no indication on the IEXS’ website if short positions or long positions that are held overnight will be charged with any kind of swaps.
It is recommended that if traders need this information on the swap charges that can be expected, it would be best to contact customer services.
Swaps are fees that are exempted by Muslim traders who have the option to open an Islamic Swap-free Account. IEXS does not make provision for an Islamic Account for Muslim traders who follow the Sharia Law. This account type prohibits any earning or paying interest where the holding of open positions is concerned.
IEXS does offer spread betting but what the spread betting fees are is not clear since it is not indicated on the website.
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 Broker Fees
Broker fees are usually charged through deposit fees and withdrawal fees, but many brokers do not charge these fees and cover all bank processing charges.
Once again, there is no information on the IEXS website that indicates whether this broker charges deposit fees or withdrawal fees.
However, traders need to verify whether additional charges are waived or charged by their financial institution. Traders may also be subjected to currency conversion fees should they transfer fees in a currency that is different from their account base currency.
IEXS Pros and Cons
| ✔️ Pros | ❌ Cons |
| Offers tight spreads | Information lacking on fees and spreads |
| Regulated through FCA, FINTRAC, VSFC, and BVI | No Islamic or Swap-free account provided for Muslim traders |
Conclusion
IEXS offers a selection of commissions. IEXS offers tight spreads that start from 1.8 pips on EUR/USD. However, there is no indication on the IEXS website of the spreads that are offered by this broker.
You might also like: IEXS Review
You might also like: IEXS Account Types
You might also like: IEXS Demo Account
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 spread betting cost apply to IEXS?
Yes. Spread betting does apply.
What spreads can I expect with IEXS?
Although the broker says that it offers transparent and competitive spreads, no indication could be found on the website.
Does IEXS charge commission?
This is not indicated on the IEXS website.
What is the overall rating out of 10 for IEXS?
3/10.
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