IEXS comes across as a fairly solid broker, with a general score of 7/10. It lists regulation through FCA and ASIC, and it advertises trading conditions that include leverage up to 1:50 in some regions and spreads from about 1.8 pips (depending on account type and market conditions).
- Regulated and monitored by ASIC and FCA
- Available to South African traders
- Minimum deposit starts at USD 200
Quick Summary
| Feature | Details |
|---|---|
| Minimum deposit | USD 200 |
| Sign-up bonus | Promotions may be available by region and campaign |
| Fees | Vary by account type, costs are not always clearly published |
| Spreads and commissions | Spreads can be competitive, commissions may apply on some accounts |
| Deposits and withdrawals | Bank transfer and cards are supported, timing can vary |
| Trading platforms | MT4, MT5, plus additional platform options |
| Regulation | ASIC, SCB, FCA |
| Trust view | Mixed feedback online, with both positive and negative reports |
| Leverage | Up to 1:800 on some accounts (jurisdiction-based) |
IEXS is described as a London-based broker (UK) that started in 2019. Some sources refer to it as Integrated Exchange Securities, while other parts of the web point to Vision Integrated Exchange (VIEX). One issue that stands out is website clarity, users report being redirected between sites and running into broken links.
That doesn’t automatically mean a broker is unsafe, but it can make it harder to confirm details like trading costs and account rules.
Markets and Trading Features
IEXS promotes multi-asset CFD trading across:
- Forex
- Indices
- Shares
- Metals
- Energy
- Cryptocurrencies
It also mentions features such as quick order execution, an X-PAMM style system for signal sharing, and partnership tools for referrals and copy trading. Client funds are described as held in segregated accounts with international banks, and the broker states it connects to external liquidity providers.
Key Features (At a Glance)
| Feature | Notes |
|---|---|
| Account types | Options aimed at newer and advanced traders |
| Spreads | Can be tight on major pairs (varies by account) |
| Islamic accounts | Conflicting info appears online, see account section below |
| VPS hosting | Mentioned for qualifying traders |
| Copy trading | Offered through partner or social features |
| Fund protection | Segregated accounts are stated |
| Oversight | ASIC, SCB, FCA |
Customer Feedback (What Traders Report)
Feedback on IEXS is split.
Some traders say they get:
- Helpful support
- Decent spreads during normal market hours
- A smooth platform experience
Others report problems such as:
- Heavy slippage during volatile markets
- Slow withdrawals, or withdrawals getting held
- Accounts being locked or restricted without clear reasons
- Pricing disputes, especially on metals
A repeated concern across review sites is the lack of consistent, verifiable public review data from major platforms. That makes it harder to judge the day-to-day experience across a large user base.
Safety and Security
Regulation matters because licensed brokers must follow rules that cover client money handling, reporting, and conduct.
Client fund protection
IEXS says it keeps client funds in segregated accounts, separate from company operating funds. This setup is meant to reduce risk if the business runs into trouble.
Platform and data security
The broker states it uses common security measures like encryption, layered login protection, and ongoing monitoring to reduce account and data risks.
IEXS at a Glance
| Item | Details |
|---|---|
| Headquarters | London, United Kingdom |
| Founded | 2019 |
| Regulators listed | ASIC, SCB and FCA |
| Not accepted | United States |
| Demo account | Yes |
| Institutional accounts | Yes |
| Managed accounts | No |
| Max leverage | 1:800 |
| Minimum deposit | $200 / R 3198,06 |
| Deposit methods | Bank wire transfer, debit cards, credit cards |
| Withdrawal methods | Bank wire transfer, debit cards, credit cards |
| Platforms | MT4, MT5 |
| Devices | Web, Windows, Mac, Android, iOS |
| Assets | Forex, metals and energy, indices, crypto, commodities, shares |
| Website languages | English and Chinese |
| Support languages | English and Chinese |
| Support hours | 24/5 |
Account Types
IEXS advertises more than one live account option. Some pages mention Standard and DMA, while other references include a Clear account. A demo account is also available.
There’s also conflicting information about swap-free (Islamic) accounts. Some sections state it’s not offered, while other parts describe an interest-free account. If this matters to you, confirm it with support in writing before funding.
Standard Account
This account is positioned for everyday traders who want simple pricing.
Commonly listed features include:
- Spread-based pricing (no extra commission in many cases)
- Access to several CFD markets
- Fast execution and standard platform access
- Segregated funds (as stated by the broker)
DMA (Direct Market Access) Account
This option is marketed toward higher-volume and advanced traders.
It often includes:
- Tighter pricing sourced from liquidity providers
- Market-depth visibility (depending on platform setup)
- Support for FIX API (for advanced systems)
- Commission-based pricing on some setups
Interest-Free (Islamic) Account
Some broker materials describe a swap-free option with a different fee model instead of overnight interest. Since the availability is unclear across sources, it’s best to confirm whether it is offered in South Africa before you open an account.
Demo Account Setup
The broker’s demo process isn’t always easy to find on the main site. Many traders may need to contact support. If the “Register demo” link is available, the usual flow looks like this:
- Go to the IEXS site and choose Register demo
- Complete the form with your name, phone number, and email
- Accept the privacy terms and contact permissions
- Access the demo on MT4, MT5, or other supported platforms (when available)
Demo accounts are typically funded with virtual money (often shown as $100,000) so you can practice without risking real funds.
Fees and Spreads
Some reviews mention spreads starting around 1.8 pips on EUR/USD, but published spread tables are not always easy to locate on the broker’s site. If 1.8 pips is accurate for a standard account, it is higher than some competing brokers that average closer to 1.1 pips on that pair.
Commission details are also not always clearly shown. With many brokers, costs come from spreads, commissions (on certain accounts), and overnight swaps when positions are held past rollover.
Fee summary (general)
| Cost item | What to expect |
|---|---|
| Trading fees | Vary by account type and instrument |
| Spreads | Can be tight, can widen in high-volatility periods |
| Commissions | May apply, depends on account |
| Deposit fees | Often free from the broker side, third parties may charge |
| Withdrawal fees | Not clearly stated, can depend on method |
IEXS Trading Platforms
IEXS supports well-known MetaTrader platforms and also lists additional platform options.
MetaTrader 4 (Desktop)
MT4 on desktop supports:
- Advanced charting
- Many indicators
- Expert Advisors for automated trading
- Multiple order types
MetaTrader 4 (Mobile)
MT4 mobile covers the basics well:
- Live quotes and charting
- Trade entry and account management
- iOS and Android support
IEXS Mobile App
The broker also promotes a native app focused on a simpler user experience. It is built for placing trades, tracking markets, and managing funding from a phone.
ST5 Platform
ST5 is described as another in-house option that supports multiple asset classes, including forex and crypto. Features vary by region and account.
Deposits and Withdrawals
IEXS lists these common funding methods:
- Bank wire transfers
- Credit cards
- Debit cards
The broker doesn’t always show clear processing times or fee details upfront. In most cases, deposits can be quick, while withdrawals often take 1 to 3 business days, depending on the method and verification status.
Leverage
IEXS lists leverage as high as 1:800 on the Standard account in some regions. High leverage can increase gains, but it can also grow losses fast. Risk control matters more when leverage is high.
IEXS vs eToro vs XM (Quick Comparison)
| Broker | Minimum deposit | Sign-up bonus | Max leverage | Currency pairs |
|---|---|---|---|---|
| IEXS | $200 / R 3198,06 | Yes | 1:800 | – |
| eToro | $50 USD | Yes | 1:400 | 47 |
| XM | $5 USD | Yes | 1:888 | 57 |
Awards
IEXS reports receiving multiple awards over time, including titles such as “Best Financial Broker” and other broker-industry categories. Awards can be a positive sign, but they should be weighed alongside costs, platform stability, and real user withdrawal experiences.
Final Take
IEXS looks like an average-risk broker with a decent platform lineup and access to many CFD markets. Its biggest weak spot is clarity, key details like spreads, commissions, and account rules are not always easy to confirm from public pages. User feedback is also split, with strong praise from some traders and serious complaints from others.
If you’re considering IEXS, confirm fees, withdrawal rules, and account conditions with support before you deposit.
Disclaimer
IECS warns that trading Forex and Contracts for Difference (CFDs) on margin involves high risk and may not suit every trader.
Leverage can work for you or against you. Think about your goals, experience, and risk tolerance before trading. You can lose some or all of your deposit, so don’t fund an account with money you can’t afford to lose.
If you’re unsure about the risks, consider speaking with an independent financial adviser. Traders in South Africa should also review their own financial needs and experience level before opening an account.
Frequently Asked Questions
What is IEXS?
IEXS is an online broker that offers CFD trading on markets like forex, indices, commodities, shares, and cryptocurrencies. It supports several platforms and provides different account types.
Is IEXS regulated?
IEXS lists regulation through ASIC and FCA, along with SCB. Always confirm the entity you will sign up under, since rules can differ by region.
What account types does IEXS offer?
IEXS commonly lists Standard and DMA accounts, and some sources also mention a Clear account. Conditions differ by account, including spreads and commissions.
Does IEXS offer a demo account?
Yes, a demo account is available. It usually comes with virtual funds so you can practice without risking real money.
What trading platforms does IEXS support?
IEXS supports MT4 and MT5, plus additional platform options such as a mobile app and ST5, depending on the region.
What can I trade with IEXS?
IEXS lists CFDs on forex, indices, commodities, shares, metals, energy, and cryptocurrencies.
What deposit and withdrawal methods are available?
IEXS supports bank wire transfers and card payments (credit and debit). Processing times depend on the payment method and account verification.
Does IEXS provide customer support?
Support is listed as available 24/5, with service offered in English and Chinese.
Are Islamic (swap-free) accounts available?
Information online is inconsistent. Some pages say no, while others describe an interest-free option. Confirm availability for your region before depositing.
Does IEXS provide learning tools?
IEXS mentions education and market resources, but the amount and quality can vary by region and account type.
