WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

IQX Trade

Seychelles|2-5 years|
Regulated in Seychelles|Common Business Registration|Suspicious Scope of Business|Suspicious Overrun|Medium potential risk|Offshore Regulated|

https://iqxtrade.net/

Website

Rating Index

Contact

+44 20378827312
support@iqxtrade.com
https://iqxtrade.net/
306 Victoria House, Victoria, Mahe, Seychelles.

Licenses

Licensed Institution:IQX GLOBAL MARKETS LTD

License No.:239017

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-22
  • This broker exceeds the business scope regulated by Seychelles FSA(license number: 239017)Common Business Registration Non-Forex License. Please be aware of the risk!
2

Basic information

Registered region
Seychelles
Operating period
2-5 years
Company Name
IQX Trade Group LLC
Abbreviation
IQX Trade
Company employee
--
Customer Service Email Address
support@iqxtrade.com
Contact number
004420378827312
Company website
Company address
306 Victoria House, Victoria, Mahe, Seychelles.
Keywords 7
2-5 years
Regulated in Seychelles
Common Business Registration
Suspicious Scope of Business
Suspicious Overrun
Medium potential risk
Offshore Regulated
Account Information
Website
Company Summary
Review

Users who viewed IQX Trade also viewed..

Decode Global

8.65
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Decode Global
Decode Global
Score
8.65
  • 5-10 years |
  • Regulated in Australia |
  • Market Making(MM) |
  • MT4 Full License
Official website

FP Markets

8.88
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
FP Markets
FP Markets
Score
8.88
  • 15-20 years |
  • Regulated in Australia |
  • Market Making(MM) |
  • MT4 Full License
Official website

MiTRADE

8.49
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)
MiTRADE
MiTRADE
Score
8.49
  • 10-15 years |
  • Regulated in Australia |
  • Market Making(MM)
Official website

Exness

8.30
Score
10-15 yearsRegulated in CyprusMarket Making(MM)MT4 Full License
Exness
Exness
Score
8.30
  • 10-15 years |
  • Regulated in Cyprus |
  • Market Making(MM) |
  • MT4 Full License
Official website

Website

  • iqxtrade.io

    Server Location

    Singapore

    Website Domain Name

    iqxtrade.io

    Server IP

    179.61.189.188

  • iqxtrade.net

  • iqxtrade.com

Company Summary

Note: IQX Trades official website: https://iqxtrade.net/ is currently inaccessible normally.

IQX Trade Review Summary
Founded2023
Registered Country/RegionSeychelles
RegulationFSA(Exceed)
Market InstrumentsForex, Commodities, Cryptocurrencies, CFDs, Indices, Stock CFDs
Demo Account
LeverageUp to 1:500
Spread/
Trading PlatformMT5 (Desktop, iOS, Android)
Min Deposit$100 (Standard Account)
Customer SupportHeadquarters: +44 20378827312, support@iqxtrade.com
Branch: +44 20378827312, support@iqxtrade.com

IQX Trade Information

Established in 2023, IQX Trade is a broker registered in the Seychelles. Trading in Forex, commodities, indexes, stock CFDs, and cryptocurrencies are all offered by the firm. Its Seychelles FSA regulatory status raises issues because the license does not cover Forex transactions, despite the fact that it offers high leverage up to 1:500.

Pros and Cons

Pros Cons
Offers a range of tradable instrumentsUnregulated for Forex operations (Non-Forex license)
Provides Islamic Swap-Free accountsNo demo account available
High leverage of up to 1:500Website currently inaccessible

Is IQX Trade Legit?

With license number 239017, IQX Trade is governed by the Financial Services Authority of the Seychelles. It is registered as a Common Business Registration but does not hold a Forex license. This indicates that the broker is putting investors at risk by operating above the extent permitted by the license.

Is IQX Trade Legit?

Iqxtrade.net was registered by UAB HOSTINGER activities on May 25, 2023. The domain expires on May 25, 2026, and was updated on April 25, 2024. It is clientTransferProhibited, so only the owner can transfer it, preventing illegal alterations. This site is active, but its regulatory position raises worries about its legality and safety.

Is IQX Trade Legit?

What Can I Trade on IQX Trade?

Currency pairs, commodities, indexes, stock CFDs, and cryptocurrencies are among the tradable products that are available on IQX Trade.

Tradable Instruments Supported
Forex
Commodities
Cryptocurrencies
CFDs
Indices
Stock CFDs
ETFs

Account Types

Standard, ECN, and Swap-Free live trading accounts are available from IQX. It also offers Swap-Free for Islamic merchants. No practice demo account is mentioned.

Account TypeTrading PlatformMin DepositMax LeverageCommissionSpread TypeSuitable for
Standard AccountMT5$1001:500$0Variable SpreadBeginners and regular traders seeking no commission fees
ECN AccountMT5$5001:500$6/lotVariable SpreadHigh-volume traders prioritizing tighter spreads
Swap-Free AccountMT5$5,0001:500$0Variable SpreadIslamic traders seeking Sharia-compliant accounts

Leverage

IQX Trade allows traders to control larger positions with less capital investments with leverage up to 1:500. Effective risk management is essential to avoid large losses due to high leverage.

IQX Trade Fees

The fees charged by IQX Trade are standard for brokers of a similar nature. The ECN account levies a $6 commission each lot, but the Standard and Swap-Free accounts don't have any commissions. The type of account and the instruments exchanged affect spreads.

Trading Platform

Trading PlatformSupported Available Devices Suitable for what kind of traders
MT5Desktop, iOS, AndroidTraders requiring analytical tools and automated trading

Deposit and Withdrawal

There are no fees associated with deposits or withdrawals at IQX Trade. The Standard Account has a minimum deposit of $100, although this varies depending on the kind of account.

Keywords

  • 2-5 years
  • Regulated in Seychelles
  • Common Business Registration
  • Suspicious Scope of Business
  • Suspicious Overrun
  • Medium potential risk
  • Offshore Regulated
Write a comment
4
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com