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FX Sharp
Offshore license only, low editor score High risk 2026-09-30

Registered only in offshore jurisdictions. These licenses provide no client-fund supervision or investor compensation; do not expect Tier-1 (FCA, ASIC, SEC) level protection.

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iX Broker Review · 2026

Offshore · MISA Broker

Review · 2026 Fomboni, Comoros · Operating as IXBROKER LTD

License verified 30 Sep 2026 Next re-scan Dec 2026 Min. deposit $50 · Leverage 1:300 / 1:500

Key facts

Checked against MISA register
Regulation
MISA
Headquarters
Fomboni
Business model
ECN
Registration
Comoros
Min. deposit
$50
Max leverage
1:300 / 1:500
Spread from
—
Founded
—
Legal entity
IXBROKER LTD
Website
ixbroker.com
Support email
contact@ixbroker.com
Phone
+44 117 306 8750
Influence index
D · Iran

Active licenses

Checked on the regulator's public register, not the broker's website.

1 active
  • MISA KM
    Active
    Entity
    IXBROKER LTD
    License ID
    BFX2025127
    Type
    International Brokerage License
    Checked
    30 Sep 2026
    Tier
    Tier 4 Registration only, no real oversight

Score breakdown

Six dimensions, weighted per the published rubric.

Methodology →
Regulation 0.0/10
Weight 25%
License 2.0/10
Weight 20%
Risk Control 3.5/10
Weight 20%
Business 0.0/10
Weight 15%
Software 2.5/10
Weight 10%
Influence 0.0/10
Weight 10%

Strengths

6
  • $50 minimum deposit
  • iX Basic and iX Pro platforms with TradingView integration
  • Dynamic forex leverage up to 1:500 on iX Pro
  • 50+ forex pairs, 90+ crypto assets, and 180+ US stocks
  • 30% stop-out level is publicly disclosed
  • Client funds are stated as segregated from company capital

Weaknesses

5
  • No recognized national financial regulator oversees the broker
  • Comoros central bank rejects MISA authority (Finance Ministry, 2025-12-10)
  • MISA (Mwali, Comoros) is an offshore license with limited oversight
  • No statutory investor compensation scheme disclosed
  • Forex spreads are floating with no published minimum spread figure

Fees & trading

Min. deposit $50 · Leverage 1:300 / 1:500

Trading platforms

  • iX Basic
  • iX Pro
  • TradingView

Account types

  • ECN
  • Demo

Deposit methods

  • Cryptocurrencies
Full review 8 min read Updated 30 Sep 2026

iX Broker review 2026: Proprietary iX platforms, TradingView integration, and dynamic leverage up to 1:500

iX Broker is a Fomboni, Comoros-based ECN forex and CFD broker whose official site does not state a founding year. It holds offshore MISA license BFX2025127 and trades on proprietary iX Basic and iX Pro platforms with TradingView integration and ECN accounts. It serves retail traders across 50+ forex pairs, 90+ crypto assets, 180+ US stocks, indices, commodities, and metals.

What is iX Broker?

iX Broker is an ECN (Electronic Communication Network) forex and CFD broker operated by IXBROKER LTD. The company has its headquarters in Fomboni, Comoros, while no verified founding year is available. The broker provides proprietary iX Basic and iX Pro platforms with TradingView integration. Its ownership structure and ultimate beneficial owners are not established in the verified record used for this review.

The product range extends beyond foreign exchange. The broker lists more than 50 forex pairs, over 90 crypto assets, and more than 180 US stocks, alongside indices, commodities, and metals. This breadth describes the trading menu, but it does not establish regulatory protection. The company name connected with the service is IXBROKER LTD.

Is iX Broker regulated? Verification check

Regulation is the central verification issue for this broker. IXBROKER LTD claims supervision by the Mwali International Services Authority (MISA) under International Brokerage License BFX2025127. The MISA register lists IXBROKER LTD under license BFX2025127 with status Active, valid until October 20, 2026 (source: Mwali International Services Authority register, checked September 29, 2026). MISA is an offshore authority in Comoros, so the broker is classified as offshore regulated under this review methodology rather than as holding Tier-1 or Tier-2 authorization.

The Banque Centrale des Comores published a statement on December 10, 2025 concerning offshore financial activity in Comoros. It named MISA among entities it said lacked authority to issue banking and financial licenses (source: Banque Centrale des Comores communiqué, December 10, 2025). The central bank stated that authorization of banks and financial institutions falls under its own national authority.

This distinction matters because a MISA document does not provide the protections attached to regulators such as the FCA, ASIC, or CySEC. No statutory investor compensation scheme is established in FXSharp's research. The review also found no verified national license that replaces or supplements the MISA license.

What trading platforms does the broker offer?

Trading platforms consist of two proprietary interfaces plus TradingView chart integration. The verified platform list contains iX Basic, iX Pro, and TradingView. MetaTrader 4 and MetaTrader 5 are not verified. FXSharp explicitly marks MetaTrader as not verified.

iX Basic

iX Basic is the simpler proprietary interface in the platform lineup. It provides access to the broker's supported asset classes without requiring an external MetaTrader installation. A proprietary platform means the broker controls the trading interface instead of licensing MT4, MT5, or cTrader. Independent platform licensing verification is therefore more limited.

iX Pro and TradingView

iX Pro is positioned as the more advanced platform. TradingView integration supplies charting and technical-analysis functionality within the trading environment. The software score in FXSharp's assessment is 2.5 out of 10, reflecting proprietary platforms and TradingView access but limited verified software depth. FXSharp found no verified MetaQuotes server.

iX Broker red flags and warning signs

The main warning sign is the difference between the broker's license claim and national regulatory recognition. The broker presents MISA license BFX2025127, while the Comoros central bank disputes MISA's authority over financial licensing. This is a regulatory-status problem rather than a statement about individual trades or withdrawals.

  • The MISA license is active but offshore, and it is not treated as recognized national forex regulation.
  • No FCA, ASIC, CySEC, BaFin, FINMA, or comparable national license is verified.
  • No statutory investor compensation scheme is documented.
  • Maximum leverage reaches 1:500, well above major regulated retail-market limits.
  • FXSharp could not verify a public founding year or transparent ownership structure.

The broker also states that client funds are segregated from operating capital. Segregation means client money is kept separately from company operating funds. This statement contributes to the risk-control assessment, but it is not equivalent to regulator-enforced segregation backed by a compensation scheme.

What is the minimum deposit?

The minimum deposit is $50. Deposits are recorded as cryptocurrency-based payment methods rather than conventional bank-transfer or card funding. A low entry threshold reduces the amount needed to establish an account, but it does not change the legal status of the entity holding the account.

Leverage reaches 1:300 to 1:500, depending on the account setup. Leverage means controlling a position larger than the deposited margin. A 1:500 ratio means one unit of margin can control up to 500 units of market exposure. Losses can therefore expand as quickly as gains.

Is the broker on any regulator warning lists?

The warning-list check requires separating a broker-specific warning from a warning about its claimed licensing authority. FXSharp's check did not establish an FCA, ASIC, or CySEC warning naming iX Broker itself. It did establish a national Comoros statement challenging the authority of MISA, the organization behind the broker's license.

The Banque Centrale des Comores statement dated December 10, 2025 described MISA as lacking authority to issue financial-sector licenses (source: Banque Centrale des Comores communiqué, December 10, 2025). That finding directly affects how license BFX2025127 is classified. The review therefore treats the license, which the MISA register lists as active until October 20, 2026, as offshore authorization rather than recognized national regulatory authorization.

What do user complaints say?

User complaints require a reproducible aggregate before they can support a factual pattern. FXSharp's research does not contain a verified user-aggregate rating, review count, or statistically meaningful complaint category. This review therefore does not claim that withdrawal delays, account freezes, or support failures form an established pattern.

The absence of verified complaint data should not be interpreted as evidence of positive service quality. It means the available research does not support a defensible aggregate conclusion. Regulatory status, published trading conditions, and documented company information remain the stronger evidence sources for this profile.

How to verify the license claim for yourself

License verification means matching the legal entity, number, and regulator in an official public register. For this broker, the relevant claimed entity is IXBROKER LTD and the disclosed number is BFX2025127. The verification process should separate company registration from authorization to provide regulated financial services.

  1. Record the exact legal entity name, IXBROKER LTD.
  2. Record the claimed MISA license number, BFX2025127.
  3. Check whether the national financial authority recognizes that licensing body.
  4. Look for an exact entity match in any regulator the broker claims.
  5. Confirm whether investor compensation and complaint mechanisms legally apply.

A company-registration document is not automatically a forex-dealing authorization. A valid financial license normally identifies the supervised entity, permitted activities, status, and regulator. The Comoros central bank's position on MISA is therefore directly relevant to this verification process.

How does customer support work?

Customer support is available through the broker's published contact channels. The listed email is contact@ixbroker.com and the telephone number is +44 117 306 8750. FXSharp found no independently verified response-time statistics. The UK telephone prefix also does not establish UK regulatory authorization.

Support quality and regulatory status are separate issues. A broker can provide functioning email or telephone service without holding a recognized national financial license. Questions about withdrawal rules, account restrictions, identity checks, and the legal entity holding funds are therefore best treated as contractual matters requiring documented answers.

Where is the broker actually based?

The verified location used in this review is Fomboni, Comoros. The company record identifies IXBROKER LTD and associates the operation with the Comoros jurisdiction. The presence of a UK-format telephone number does not change the headquarters classification. FXSharp found no FCA-authorized UK entity.

Jurisdiction matters because legal redress follows the entity that signs the client agreement. A trader dealing with a Comoros entity does not automatically receive UK, EU, or Australian investor protections. The country attached to the trading entity should therefore be checked separately from telephone numbers, server locations, or marketing language.

Account types and bonus terms

Account information confirms ECN and Demo account categories. An ECN account is designed around electronic order matching and market pricing, although FXSharp's research does not independently verify the broker's execution venue structure. The demo environment allows platform testing without placing live capital at risk.

FXSharp does not have a complete current bonus schedule suitable for permanent publication. Promotional credits can change, so their withdrawal, stop-out, and trading-volume conditions require live contractual verification. This distinction matters because promotional credit is not the same as withdrawable account equity.

Feature iX Broker Information
Founded Not disclosed on official site
Headquarters Fomboni, Comoros
Disclosed regulators MISA, license BFX2025127
Registration verified MISA BFX2025127 active until October 20, 2026 (checked September 29, 2026); offshore license; Comoros central bank disputes MISA's authority
Trading platforms iX Basic, iX Pro, TradingView
Minimum deposit $50
Maximum leverage 1:500
Account types ECN, Demo
Islamic account Not disclosed
Customer support Email and telephone; response metrics not verified
Deposit methods Cryptocurrencies

Should you avoid iX Broker?

The decisive issue is regulatory recognition rather than the number of markets or platform features. iX Broker provides proprietary platforms, TradingView integration, a $50 minimum deposit, and leverage reaching 1:500. Those operational features are documented separately from investor protection.

The broker's MISA license BFX2025127 is listed as active until October 20, 2026, but as an offshore license it does not satisfy the recognized-regulation test used in this review. The Comoros central bank has publicly challenged MISA's authority to issue financial licenses. No replacement authorization from a recognized national regulator is verified. Readers who require statutory compensation, nationally supervised segregation, or established regulatory dispute resolution will not find those protections documented here.

Forex and derivative products carry high leverage; some or all invested capital may be lost. This content is for information only, not investment advice. Verify the broker's current regulation status with the relevant authority's official site before any investment decision.

FXSharp Editorial Team
Published 02 Oct 2026 · Last verified 30 Sep 2026 · Sources: MISA register, ixbroker.com

Frequently asked questions

iX Broker holds an offshore license. The MISA register lists IXBROKER LTD under license BFX2025127 with status Active, valid until October 20, 2026 (checked September 29, 2026). MISA is an offshore authority in Comoros without Tier-1 or Tier-2 supervision or a statutory investor compensation scheme, and the Banque Centrale des Comores stated on December 10, 2025 that MISA lacks authority to issue financial-sector licenses.
iX Broker is treated here as an offshore-licensed broker, not automatically labeled a scam. The verified concern is regulatory status: its MISA license BFX2025127 is active on the MISA register, but it is not recognized as national financial authorization in FXSharp's research. No finding in this review establishes fraud as a proven fact.
No broker-specific FCA, ASIC, or CySEC warning was established in FXSharp's check. The relevant public finding comes from the Banque Centrale des Comores, which stated on December 10, 2025 that MISA lacks authority to issue financial-sector licenses. iX Broker relies on MISA license BFX2025127.
iX Broker's license claim can be checked by searching the exact entity IXBROKER LTD and license BFX2025127, then confirming whether the national financial authority recognizes the issuer. A company registration is not automatically a forex license. The key check is whether the supervising authority legally regulates investment services and provides enforceable investor protections.
iX Broker is recorded in this review as based in Fomboni, Comoros. The legal entity is IXBROKER LTD, and its regulatory document is MISA license BFX2025127. A published UK-format telephone number does not establish a UK headquarters or FCA authorization, so jurisdiction should be determined from the contracting legal entity.

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