Forex Brokers

IUX (Imposter)

1.4 (15 reviews)
🇳🇿 New Zealand
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1.4
15 reviews
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About IUX (Imposter)

IUX (Imposter) has been flagged by Financial Markets Authority for "Registered/Licensed entity impersonators|Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Spread widened during news without notice

H
Hannah G.
2 weeks ago

My withdrawal from IUX (Imposter) was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for a couple of months now of being strung along.

Pros: Easy to use platform|Responsive team|Competitive fees|Personal attention

Cons: No crypto staking

Buyer beware - seriously

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Lauren E.
3 weeks ago

The so-called education at IUX (Imposter) is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for nearly two years thinking they would help me learn.

Pros: Multiple order types|Smooth onboarding|Fast deposits|Customizable dashboard

Cons: Spreads widen during volatile periods|Desktop app not available on Linux

A joke of a company

R
Ruby C.
3 months ago

I had a dispute with IUX (Imposter) and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.

Pros: Dedicated account manager|Great customer service|Clean UI|Detailed reporting

Cons: Website design could be more modern|No dark mode on mobile

Customer service does not exist

D
Derek I.
3 months ago

IUX (Imposter) locked my account without warning and demanded documents I had already submitted. for a few weeks now later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.

Pros: High security standards|Professional team

Cons: Limited social trading features|Nothing significant

Beware of hidden costs

A
Aiden T.
5 months ago

I referred a friend to IUX (Imposter) after attending a webinar they hosted. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.

Pros: Good analytical tools|Wide product range

Cons: No integrated tax optimization

Avoid at all costs

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Hannah M.
7 months ago

I joined IUX (Imposter) after comparing multiple platforms and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.

Pros: Great customer service|Intuitive for beginners|Social trading features|Comprehensive tools

Cons: Charting tools need more indicators|No dark mode on mobile

I cannot say a single positive thing

J
Jennifer G.
8 months ago

IUX (Imposter) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.

Pros: Professional team|API access|Social trading features

Cons: Limited social trading features|Could offer more webinars

Incompetent on every level

M
Max V.
9 months ago

After using IUX (Imposter) for a few weeks now, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.

Pros: Market news feed|Intuitive for beginners

Cons: Email notifications too frequent

Did my research - this is suspicious

A
Alex C.
10 months ago

I was about to invest with IUX (Imposter) but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Markets Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.

Cons: Flagged by Financial Markets Authority|Cannot verify credentials

Broken promises everywhere

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Lindsey C.
10 months ago

The onboarding at IUX (Imposter) was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.

Pros: Risk management tools|Clear documentation

Cons: Some tools only available on higher tiers|Nothing significant