Overall IEXS can be summarised as a credible and trustworthy broker with an overall rating of 7 out of 10. IEXS is regulated by FCA and has a maximum leverage of 1:50 starting from 1.8 pips.
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 Review – 18 key points quick overview:
IEXS Overview
According to research in South Africa, IEXS is a financial broker situated 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 Safety and Security
When traders evaluate brokers, regulation is one of the most crucial components that must be considered. Regulated brokers are required to comply with stringent rules and regulations set by regulatory entities and through this, client fund security can be ensured.
The activities of regulated brokers are also overseen by such entities to ensure that there is no fraud or foul play, and to ensure that traders are always protected against such activities.
It appears that IEXS is regulated by VFSC in Vanuatu, FCA in the UK, FINTRAC in Canada, and BVI in the British Virgin Islands. It is also incorporated in St. Vincent & the Grenadines as a Limited Liability Company.
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 Sign-up Bonus
IEXS does not offer a sign-up bonus.
No sign-up bonus, deposit bonus, or welcome bonus is offered to traders who register a real account with IEXS.
Even though IEXS does not offer bonuses, rewards, or any other promotions, traders should not be discouraged by this. The broker still offers fairly attractive trading conditions.
Through these bonus offers brokers often attempt to draw in new customers to partake in trading activities. When offering a welcome bonus or anything of this kind, the traders will receive some money back. This will depend on the initial deposit made by the trader.
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 Minimum Deposit
Reviews on IEXS state that it has a minimum deposit requirement of $ 200.
This minimum deposit amount is equivalent to ZAR 3198,06 at the current exchange rate between the US Dollar and the South African Rand at the time of writing.
📍IEXS operates in various jurisdictions and is registered and regulated through the regional regulatory authorities. The following applies to IEXS:
- In the United Kingdom, regulation is through the Financial Conduct Authority (FCA)
- In Canada through the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)
- In Vanuatu, the Vanuatu Financial Services Commission (VSFC).
- British Virgin Islands (BVI)
Most regulatory bodies and financial institutions require that, amidst several other strict rules and regulations, all client funds must be kept separate from the broker account. This entails that the funds can only be used by traders to conduct trading activities.
It is not clear if IEXS abides by this strict rule of the regulatory bodies.
A step-by-step guide to IEXS depositing the minimum amount
Deposits can be made with IEXS using the following steps:
Traders can usually fund their trading account from their own bank account and send money to the trading account that they have with a broker.
Step 1 – Log in
Traders can also deposit the minimum amount from their personal area after having registered a live trading account.
It is not clear how this process works with IEXS. Traders can usually log into their personal client area, select the option for deposits, and follow the instructions to deposit into their trading account.
Step 2 –Make the deposit
Traders should also ensure that they select the correct deposit currency before they make a deposit, or it might entail that they are subjected to currency conversion fees.
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
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 a 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 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 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.
How to set up an IEXS Demo Account – Step by Step
To set up or register for a demo account with IEXS is not clearly indicated on the broker’s website. Traders should contact customer care or try to follow the following steps:
Step 1 – Open Your Account
- Go to the IEXS website and click on the link ‘Register demo.’
- It will redirect traders to a page where they can complete an online registration form for a demo account on the MetaTrader4, MetaTrader5, or FlexTrader platforms.
Step 2 – Fill out the form
- Traders need to provide their First and Last Name, telephone number, and email.
- Traders also need to accept the Privacy Policy terms and provide permission to be contacted by the broker.
- IEXS provides traders $ 100 000 virtual money to practice trading with.
- Traders will be redirected to a demo account platform where they are free to explore the broker’s offering and/or to practice trading and test strategies.
A demo account provides traders with the freedom and ability to explore what the broker offers and is seen as a practice account. It is an account without the risk of incurring losses through the provision of virtual money with which to practice trading.
Demo accounts are mostly used by beginner traders to familiarize themselves with the live trading environment that a broker offers. They can build up their trading skills by actively participating in trades and developing their own trading strategies.
Demo accounts are not only for beginners, but more experienced traders can also utilize them to explore what a broker has to offer.
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 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.
IEXS Trading Platforms
The trading platform is the software that traders use to execute their trades. Each broker reserves the right to offer their own preferred trading platform. Where some brokers offer a variety of third-party platforms, others prefer offering their own proprietary platforms, if they have one.
With IEXS traders have the choice to trade with the popular MetaTrader4 and MetaTrader5 as well as FlexTrader, which is recommended for the more advanced traders.
Both the MT4 and MT5 platforms are powerful and allow for diverse customization. They are available for use with desktop PCs and mobile devices that run on either iOS or Android or from a web browser.
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 Deposit and Withdrawal
When evaluating brokers, the ease with which deposits and withdrawals can be made is another imperative factor to consider.
It appears that IEXS only accepts deposits and withdrawals through bank wire transfers, and credit and debit cards as well as some online payment processors. If the broker charges any fees for deposits or withdrawals is not known.
It is also not clear how long it takes for funds to reflect in your account after a deposit or withdrawal is made. Transaction times usually depend on the payment methods used and, it can be instant or take up to 1 – 3 business days.
The minimum deposit requirement is $ 200 according to some reviews on the broker and it is not clear if this minimum deposit applies to all three live account types.
IEXS Current Popularity Trend
According to Google Trends, here is an overview of how frequently the search term – “IEXS” is entered into Google’s search engine over a given period of time.
IEXS vs Etoro vs XM – Comparison Table
| 🔎 Broker | 🥇IEXS | 🥈 eToro | 🥉 XM |
| 💰 Minimum Deposit | $200 / R 3198,06 | $1000 USD | $5 USD |
| 📝 Sign-Up Bonus | ☑️ Yes | ☑️ Yes | ☑️ Yes |
| ➕ Max. Leverage | 1: 50 | 1:400 | 1:888 |
| 💵 Currency Pairs | – | 47 | 57 |
| 🚀 Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
IEXS Pros and Cons
| ✔️ Pros | ❌ Cons |
| Demo account offered | A high minimum deposit required |
| MetaTrader4 and 5 are available | Limited base currencies |
| Offers tight spreads | Limited payment methods |
| Regulated through FCA, FINTRAC, VFSC, and BVI | No Islamic account offered |
| Not much information is available | |
| US clients not accepted |
Conclusion
Overall, IEXS can be summarised as a credible and trustworthy broker and is considered average-risk with competitive trading fees and spreads. IEXS offers traders the MetaTrader suite of platforms as well as a basic web and mobile app. IEXS is regulated by VFSC in Vanuatu, FCA in the UK, FINTRAC in Canada, and BVI in the British Virgin Islands.
Disclaimer
IECS warns that trading Forex and Contracts for Difference (CFDs) on margin carries a prominent level of risk and may not be suitable for everybody.
The high degree of leverage can work against you as well as for you. Before deciding to trade Forex and CFDs, you should carefully consider your trading objectives, level of experience, and risk appetite.
The possibility exists that you could sustain a loss of some or all your initial trading capital and therefore you should not deposit money that you cannot afford to lose.
You should be aware of all the risks associated with trading Forex and CFDs and seek advice from an independent adviser if you have any doubts.
Before deciding to trade with IEXS, potential traders are advised to carefully consider their investment objectives, financial situation, needs, and level of experience before investing money they cannot afford to lose, according to research in South Africa.
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Risk Management
IEXS Risk Management refers to a comprehensive approach to managing risks associated with operating a cryptocurrency exchange.
This involves implementing a combination of technical and operational measures to minimize potential threats such as hacking, fraud, market volatility, and operational errors. Key components of an integrated exchange risk management solution may include:
- Secure infrastructure and data management
- Strict KYC/AML procedures
- Advanced fraud detection and prevention tools
- Real-time monitoring and reporting systems
- Secure wallets with multi-signature support
- Comprehensive insurance coverage
- Robust business continuity and disaster recovery planning
The goal of integrated exchange risk management is to ensure the security and stability of the exchange, protect customers’ assets, and maintain the reputation of the exchange in the market.
Frequently Asked Questions
How many instruments can I trade with IEXS?
You can trade in Forex, Metals and energy, Indices, Cryptocurrencies, Commodities, and Shares.
Which platforms are supported by IEXS?
MetaTrader4, MetaTrader5 and FlexTrader.
Does IEXS offer leverage?
Yes. IEXS offers leverage of up to 1: 50.
What type of broker is IEXS?
IEXS Forex offers investors access to popular tradable instruments in the global financial markets, mainly forex (including major global currency pairs), indices, metals, energies, and stocks.
What is the overall rating out of 10 for IEXS?
3/10.
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