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IQX Trade
Regulatory Status
Not RegulatedRegulation & License
Regulatory note: No valid regulatory information found. Proceed with caution.
Score
1.45 /10 Regulation
0.00
License
0.00
Business
6.53
Software
4.00
Risk Control
0.00
IQX Trade Comprehensive Review
IQX Trade exhibits overall weak performance, not recommended for risk-sensitive investors, with a composite score of 1.45, operates without a forex trading license and is located in a suspicious operational region, and has been active for between 2 to 5 years under a registration in Seychelles, indicating a severe lack of credible regulatory oversight. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information. Please verify all entity details independently before trading. (Updated: 2026-05-23)
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Is IQX Trade Safe
Who oversees IQX Trade, and what is its regulatory standing?
IQX Trade is an unregulated entity with a highly suspicious operational region, lacking formal oversight. The broker's regulatory status is 'Not Regulated,' and it holds no valid forex trading license. It is registered in Seychelles, a jurisdiction known for less stringent financial supervision. No formal regulators are disclosed for its operations. Traders should exercise extreme caution and verify any claimed credentials directly through official regulatory websites before considering any engagement.
How does IQX Trade's safety profile break down across key risk dimensions?
IQX Trade carries a composite score of 1.45, with a regulatory rating of 0.0, risk control rating of 0.0, software rating of 4.0, business rating of 6.52, and license rating of 0.0 — showing critical weaknesses in oversight and risk management. The low composite score reflects an aggregated, weighted rating of several key safety dimensions. The regulatory and license ratings measure legal authorization, while risk control assesses client fund protection. The business rating examines operational transparency, and the software rating evaluates platform technology. Traders should carefully weigh these distinct dimensions, particularly those related to oversight and legal status, against their personal risk tolerance when making any assessment.
What defines the key characteristics of IQX Trade?
IQX Trade has operated for 2-5 years out of Seychelles, requires a 100 USD minimum deposit for its Standard Account, runs on a trading terminal with a Software Index score of 4.0, and offers a range of forex-focused trading instruments. The broker's operating background points to a relatively new presence in a jurisdiction with lighter oversight, meaning traders should conduct independent verification. The entry threshold of 100 USD for the most accessible account is relatively modest for the retail market. While specific terminal names are not listed, the 4.0 Software Index score suggests the availability of a functional trading platform. Readers should consult the broker's official resources for a complete list of available products and software specifications.
What is IQX Trade's trading platform and technical environment?
IQX Trade's trading environment is underpinned by a moderate software infrastructure score, with specific technical execution metrics not currently disclosed. Key quantitative metrics, including average order execution speed and live server count, are not publicly available. The broker's internal rating for overall trading conditions is also not currently disclosed; readers may cross-reference with other internal sub-scores. The specific software platforms supported for trading are not explicitly listed in public documentation.
What trading instruments does IQX Trade offer to its clients?
IQX Trade's available trading instruments are not currently disclosed. The specific instrument count is also not disclosed, and a list of not-offered main categories is not available. Readers should match any available product coverage directly to their specific trading strategies and verify details on the broker's official channels.
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IQX Trade Regulation & License
- No regulatory information available
Note: The above regulatory information is sourced from the official IQX Trade website.
Basic Information
Registered Region
Seychelles
Operating Period
2-5 years
Company Name
IQX Trade Group LLC
Customer Service Email Address
support@iqxtrade.com
Contact Number
+44 20378827312
Company Website
https://iqxtrade.net/
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Frequently Asked Questions about IQX Trade
Is IQX Trade a regulated forex broker?
IQX Trade is not a regulated forex broker. Its official regulatory status is 'Not Regulated', and it holds no valid forex trading license. The entity operates out of Seychelles, a jurisdiction known for its less rigorous financial supervision. This lack of formal oversight by any major financial authority is a fundamental risk factor for client funds. Before any engagement, you should verify this status directly through official regulatory body websites.
Is IQX Trade safe to trade with based on WikiFX data?
IQX Trade has a low composite score of 1.45, indicating significant concerns regarding its overall operational safety profile. This score aggregates several key risk dimensions, including regulatory oversight, risk management, and licensing. Its regulatory and license indexes are both scored at 0.0, while its risk control index is also not publicly available. This aggregate profile suggests a severe lack of credible oversight. You should weigh this safety data against your personal risk tolerance carefully.
Is the entry threshold of IQX Trade high?
IQX Trade offers a Standard account with a minimum deposit of $100, which is a relatively low entry point for the retail forex market. The broker also offers an ECN account at $500 and a Swapfree account at $5,000. Maximum leverage is capped at 1:500, which significantly amplifies both profit and loss potential. The minimum spread starts from 0.1 on the ECN account, with variable costs for other account types. You should assess if these thresholds and leverage levels align with your capital and trading strategy.
Can I use EA or automated trading with IQX Trade?
What risks should traders notice before using IQX Trade?