Wikilix
Contract reading

What iXBROKER legally published, but does not want you to read

Every clause below is published by iXBROKER itself, on its own website, today. The finding is not that the text exists. It is the distance between what a client is shown and what a client agreed to. Read from its own documents on .

Contracting entity: IXBROKER LTD

sole discretionhidden feewithdrawalsdeemed acceptanceforum waiveraffiliatebonus lockcountry restrictiondormancykyc freeze

iXBROKER can delete profits it decides were wrongly gained, and its own server log settles the argument. You get 5 working days to complain, counted from the day the problem happened, and the contract lets the broker refuse the complaint outright. An idle account is charged $6 a month until the balance hits zero and the account closes. The site sells trading without identity checks as "flexible and secure", while clause 40 says an unverified account can never be recovered if you lose your email.

Back to iXBROKER

Contract risk

Money at risk
8.5/10

Where this contract sitsHow far this contract goes, overall. Under 2 is nothing beyond the ordinary; 6 to 9 means several clauses put money you have already earned at risk; 9 and above reads as designed to make payout refusable.

0510
CriticalClauses that can cost you money you have already earned or deposited, or that remove your ability to challenge it.
6
FlaggedEvery clause worth knowing about, at all three severities. Ordinary terms that every broker has are not counted.
23
DocumentsHow many of the broker's own legal files this reading is based on. Each one was downloaded and hashed on the date shown.
16
ContradictionsPlaces where a promise the broker makes in public is not kept by the clause that governs it.
7

How the 23 break downThe same flagged clauses, split by how much each one can cost you. Severity is our reading of the clause, not the broker's label.

Critical6
Warning15
Notice2

section 156 of 158is where the deepest clause sits: the very end of the document it is in

The numbers in this contractFigures taken from this broker's own clauses, so the labels differ from broker to broker. The four in the panel above are the same on every report.

4 of these 4 figures come from a clause we rate critical, which means it can take your money or your profit rather than only delay it.

Critical5 working daysTime to complain. Jump to the clause this comes from.Five working days to complain, then the broker can refuseCritical$6Fee on an unused account. Jump to the clause this comes from.Six dollars a month until an idle account is emptyCritical1Profit at risk. Jump to the clause this comes from.Linked account balances blocked with no explanation owedCritical$3000Document deadline. Jump to the clause this comes from.No identity check now, no way back in later

What the documents say

23 clauses worth knowing about, worst first, each quoted from iXBROKER's own files

01

iXBROKER can take back any profit it decides you gained inappropriately, and clause 5.17 says that decision is its own to make. Suspicion is enough. It does not have to prove anything first, and it owes you nothing for the trades it cancels.

Why this matters

Money you have already made can be removed from your balance before you withdraw it. The contract defines Illicit Profit as profit from breaking any term of the agreement, so a rule you did not know about is enough to make your gains removable.

Exhibit 1CriticalHarder than usual

Under such circumstances, the Company shall be entitled to withdraw any profits and charge any costs which it deems, in its sole discretion, to have been inappropriately gained and shall not be liable for the cancelation of any Transaction or profits or in the event of any damages or losses which may result from the suspension, closure or unwinding.
Clause 5.17 in CLIENT AGREEMENT (iXBasic), p.21
Read from the broker's site on Open the reference
Our own capture of dl.ixbroker.com, taken on Sep 8, 2026Profits can be deleted if the broker suspects wrongdoing (clause 5.17)This capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file

Where it sits: section 59 of 158 in the CLIENT AGREEMENT (iXBasic), 37% of the way through.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA and CySEC must treat a retail client fairly and cannot rewrite a completed trade on suspicion alone. Both regimes expect a firm to evidence abuse and to give the client a route to challenge the decision. This contract lets iXBROKER judge, act and keep the money without notice.

iXBROKER is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

  • Worse together with Exhibit 2The broker decides your profit was illicit, and the same contract gives you five working days to object before your silence counts as consent.
  • Worse together with Exhibit 5Profit can be stripped from every account the broker treats as linked to yours, not only from the one it accuses.
02

You get 5 working days to complain about a trade, counted from the day the event happened rather than the day you noticed it. Clause 23.1 then gives iXBROKER an absolute right to refuse the complaint, and clause 22.13 lets it pick how any dispute is settled.

Why this matters

A problem you spot a week later is already out of time. The clock starts at the event, not at your discovery, and no outside ombudsman or court is named anywhere in the agreement to appeal to.

Exhibit 2CriticalHarder than usual5 working days

If any conflict situation arises when the Client reasonably believes that the Company as a result of any action or failure to act has breached one or more of the terms of the Operative Agreements, the Client has the right to lodge a complaint with the Company within 5 (Five) working days after the occurrence of the event.
Clause 22.1 in CLIENT AGREEMENT (iXBasic), p.42
Read from the broker's site on Open the reference
Our own capture of dl.ixbroker.com, taken on Sep 8, 2026Five working days to complain, then the broker can refuse (clause 22.1)This capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file

Buried at section 119 of 158 in the CLIENT AGREEMENT (iXBasic), 75% of the way through.

What it costsA trade closes wrongly on a Monday. If you check your account the following Tuesday, eight days later, clause 22.1 has already closed the window.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA and CySEC must give retail clients months rather than days to complain, and must point an unsatisfied client to an independent ombudsman. This contract allows five working days from the event and names no outside body at all.

iXBROKER is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

  • Worse together with Exhibit 14The broker sets the price, keeps the only accepted record of it, and decides how a complaint about that price is resolved.
03

iXBROKER publishes its full client agreement in Persian and runs a Persian site for Iranian traders. Clause 20.12 of the English agreement then says any language other than English is for information only and has no legal effect whatsoever.

Why this matters

You can read the Persian contract, accept it, and still be held to English wording you never saw. The broker also disclaims responsibility for whether the Persian translation is even correct.

Exhibit 3CriticalRarely seen

Translation or information provided in languages other than English in the Company’s local websites is for informational purposes only and do not bind the Company or have any legal effect whatsoever, the Company having no responsibility or liability regarding the correctness of the information therein.
Clause 20.12 in CLIENT AGREEMENT (iXBasic), p.40
Read from the broker's site on Open the reference
Our own capture of dl.ixbroker.com, taken on Sep 8, 2026Persian contract published, then declared to have no legal effect (clause 20.12)This capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file

Buried at section 113 of 158 in the CLIENT AGREEMENT (iXBasic), 72% of the way through.

Our readingPublishing a complete translated contract and then denying it any legal force is unusual. It means the document a Persian speaker actually reads is not the document that binds them, and the two texts do differ: the English version gives the broker an absolute right to refuse a complaint, while the Persian version lists only four specific grounds for refusal.

  • Worse together with Exhibit 2A Persian reader sees limited grounds for refusing a complaint, while the binding English text gives the broker an unlimited one.
  • Worse together with Exhibit 9The Persian side of the site also carries a Toman deposit route that the English contract and English FAQ never mention.
04

Stop trading for three months and iXBROKER charges $6 every month against your balance. Clause 33.3 says the deduction continues until the balance reaches zero, at which point the account closes automatically.

In plain words

Dormancy means an account left unused.

Why this matters

An account you leave alone is drained rather than frozen. If your balance is already under $6, clause 33.2 takes whatever is left after one month and closes the account, so a small balance simply disappears.

Exhibit 4CriticalHarder than usual$6

33.1 Monthly Fee: Inactive accounts are subject to a maintenance fee of 6$ per month.
Clause 33.1 in CLIENT AGREEMENT (iXBasic), p.52
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Our own capture of dl.ixbroker.com, taken on Sep 8, 2026Six dollars a month until an idle account is empty (clause 33.1)This capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file

Buried at section 148 of 158 in the CLIENT AGREEMENT (iXBasic), 94% of the way through.

What it costsA dormant account holding $30 pays nothing in month one, then $6 a month. After five more months the balance is zero and the account is closed.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA and CySEC must give clear advance notice before charging a dormancy fee and are expected not to let such a fee consume a client's remaining money. This contract runs the deduction to zero and then closes the account.

iXBROKER is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

What happens, and when

The stages this clause runs through, taken from the broker's own document
TriggerWhat the broker may then doClause
3 months without tradingThe account counts as dormant or inactive under the agreement's own definition.1.1
First monthNo charge for an account holding more than $6.33.3
Second monthiXBROKER takes $6, and $6 again for every further month of inactivity.33.3
Balance under $6After one month the remaining balance is taken and the account is closed.33.2
Balance reaches zeroThe account closes automatically.33.3
  • Worse together with Exhibit 11Anything under $10 cannot be withdrawn at all, so a small balance cannot be rescued from the monthly fee.
05

Trades are swap free for 30 days. After that, clause 35 says the swap fee is calculated indirectly, applied as a commission, and will not be displayed in the swap section of your account.

Why this matters

You keep paying overnight financing after day 30, but the contract tells you where the charge will not appear. Nothing in it says where it does appear, so you cannot check what a long held position is costing you.

Exhibit 7WarningRarely seen30 days

When the 30-day period ends, the swap fee will be indirectly calculated and applied as a commission, and this fee will not be displayed in the swap section.
Clause 35 in CLIENT AGREEMENT (iXBasic), p.53
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Our own capture of ixbroker.com, taken on Sep 8, 2026The claim, on English FAQ, answer on commission rates and feesThis capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file
Our own capture of dl.ixbroker.com, taken on Sep 8, 2026What the contract says, clause 35Visit this page on the broker's siteDownload the full size image file

Buried at section 150 of 158 in the CLIENT AGREEMENT (iXBasic), 95% of the way through.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA and CySEC must disclose costs and charges to a retail client before they trade and must itemise them afterwards. This contract states that a charge will not be displayed where the client would look for it.

iXBROKER is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Our readingA clause that promises a charge will not be shown in the field built to show it is very unusual. Most agreements name where a fee is displayed rather than where it is hidden.

  • Worse together with Exhibit 12The rate behind that hidden charge can also be changed without telling you, because a website post counts as notice.
06

Before you withdraw, iXBROKER expects you to have traded at least 30% of your current balance since your last withdrawal. Fall short and clause 34 takes 3% of the amount you are withdrawing.

Why this matters

Depositing and then changing your mind costs you 3% of your own money. The 30% is measured from the margin used when a trade opens, not from the size of your deposit, so the target is easy to miss.

Exhibit 8WarningHarder than usual3%

No Trade Requirement: The user must have invested at least 30% of the current balance from the time of the last withdrawal to the current withdrawal. The 30% amount is calculated from the margin number when the trade is opened. Otherwise, a 3% fee will be deducted from the withdrawal amount..
Clause 34 in CLIENT AGREEMENT (iXBasic), p.53
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Our own capture of dl.ixbroker.com, taken on Sep 8, 2026Three percent charged for withdrawing without trading enough (clause 34)This capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file

Buried at section 150 of 158 in the CLIENT AGREEMENT (iXBasic), 95% of the way through.

What it costsYou deposit $1,000, trade very little, then withdraw the lot. The 3% fee takes $30 and you receive $970 before the $1 network charge.

  • Worse together with Exhibit 13Cashback is also cancelled and the same fee charged if you fall under the no trade rule.

iXBROKER can decide your profit was never yours

Clause 5.17 lets iXBROKER take back any profit it deems, in its sole discretion, to have been inappropriately gained. Clause 17.2 lets it adjust your balance to remove what the contract calls illicit profit, defined as profit from breaching any term of the agreement. Clause 42 extends the reach to every account the broker treats as associated with yours, and says it owes you no explanation.

Discretion over gains2 clauses flagged

One account per person is the rule, and clause 42 lets iXBROKER block the balances of accounts it treats as associated with yours. It says it has no obligation to explain that decision to you.

Why this matters

Your money can be frozen because of what the broker believes about someone else's account. Two people trading from one home connection are enough to start it, and the contract gives you no test to meet and no answer to expect.

Exhibit 5CriticalRarely seen1

Multiple Registrations: Registering two or more user accounts for a single individual is considered a violation. If such a violation is detected, the brokerage can block the balances of the associated accounts without the obligation to provide an explanation to the client.
Clause 42 in CLIENT AGREEMENT (iXBasic), p.56
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Our own capture of dl.ixbroker.com, taken on Sep 8, 2026Linked account balances blocked with no explanation owed (clause 42)This capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file

Buried at section 156 of 158 in the CLIENT AGREEMENT (iXBasic), 99% of the way through.

Our readingMost agreements penalise the duplicate account itself. This one reaches sideways into every balance the broker considers associated, on its own determination, and expressly removes any duty to give a reason.

  • Worse together with Exhibit 1The broker can both freeze the linked balances and strip the profits it decides were gained through them.

Records older than one month can be archived to a single summarised line without notice or your consent. The server log file is the record that decides any dispute.

Why this matters

The evidence you would need to challenge an old trade is the evidence that gets compressed. The broker keeps the version that counts, and clause 22.11 says an argument its log does not record may not be considered.

Exhibit 23NoticeHarder than usual

may at any time and without prior written consent and/or notice to the Client, further be archived by the Company to a single summarized line in the respective Exclusive trading platform of iXBROKER account, where such trading history records exceed a timeframe of one (1) month.
Clause 5.13 in CLIENT AGREEMENT (iXBasic), p.20
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Where it sits: section 57 of 158 in the CLIENT AGREEMENT (iXBasic), 36% of the way through.

  • Worse together with Exhibit 2Your record shrinks to one line while the broker's log stays the only source the contract will accept.

Skipping the identity check can cost you the account

iXBROKER requires no verification below $3,000 and markets that as flexible and secure. Clause 40 then says a user who never verified cannot recover the account after losing access to their registered email. Clause 32.2 also lets the platform demand verification at any time below the threshold and make continued service conditional on it.

Verification1 clause flagged

iXBROKER asks for no verification below $3,000 and advertises that as convenience. Clause 40 then says a user who never completed identity checks cannot recover the account if they lose access to their registered email.

Why this matters

Skip the identity check and one lost email password can lock you out of your balance permanently. The broker offers no other route back in, and the same section lets it demand verification at any time before you reach the $3,000 line.

Exhibit 6CriticalRarely seen$3000

Users who have never completed any form of identity verification (KYC) will not be eligible to recover their accounts if they lose access to their email or user panel.
Clause 40 in CLIENT AGREEMENT (iXBasic), p.55
Read from the broker's site on Open the reference
Our own capture of ixbroker.com, taken on Sep 8, 2026The claim, on English FAQ, answer to "Is KYC verification mandatory at iX Broker?"This capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file
Our own capture of dl.ixbroker.com, taken on Sep 8, 2026What the contract says, clause 40Visit this page on the broker's siteDownload the full size image file

Buried at section 154 of 158 in the CLIENT AGREEMENT (iXBasic), 97% of the way through.

Our readingBrokers usually treat identity verification as a condition of paying you out. Here it doubles as the only key to your own account, so declining the optional check quietly removes your ability to prove you own the money.

  • Worse together with Exhibit 12Notices are deemed delivered an hour after an email is sent, to the same address that cannot be changed without verification.

The Persian contract is published, then denied any legal effect

iXBROKER publishes its whole legal shelf in Persian, and clause 20.12 of the English agreement says no language other than English binds the company or has any legal effect whatsoever. The two texts differ where it counts: the English version claims an absolute right to refuse a complaint, the Persian version lists four grounds. The Persian FAQ also describes a Toman deposit route that the English FAQ says does not exist.

Language arbitrage1 clause flagged

The public bonus page says the system resets a negative balance to zero once positions close. The business account terms say you are responsible for that loss and must pay the full amount immediately.

Why this matters

You could owe iXBROKER more than you ever deposited, despite what the promotion page told you. Clause 8.5 of the client agreement gives you two working days to pay the shortfall.

Exhibit 20WarningHarder than usual

If caution execution is made to negative balance creation in the client's trading account, the client is responsible for this loss and must pay the full amount immediately.
Clause 6.5 in BUSINESS ACCOUNT TERMS, p.17
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Our own capture of ixbroker.com, taken on Sep 8, 2026The claim, on Bonus Policy page, stop out conditions with active creditThis capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file
Our own capture of dl.ixbroker.com, taken on Sep 8, 2026What the contract says, clause 6.5Visit this page on the broker's siteDownload the full size image file

Buried at section 40 of 57 in the BUSINESS ACCOUNT TERMS, 70% of the way through.

Charges the contract says will not be displayed

Clause 35 says the swap charge after 30 days is applied as a commission and will not be displayed in the swap section, while the FAQ says iXBROKER displays every current fee on its website. Clause 31.8 makes any balance under $10 permanently unwithdrawable, and clause 30.6 says deposits under 20 Tether are lost and never shown. Clause 7.2 lets the broker change these costs with a website post as notice.

Cost disclosure2 clauses flagged

Clause 31.8 says amounts below $10 cannot be withdrawn under any circumstances. Clause 30.6 goes further and says deposits under 20 Tether are lost in the network, never credited and never shown.

Why this matters

Small money entering or leaving this broker stops being yours. A leftover $9 cannot be withdrawn, and the $6 monthly dormancy fee then eats it if you walk away.

Exhibit 11WarningHarder than usual$10

31.8 Amounts below 10$ are not withdrawable under any circumstances.
Clause 31.8 in CLIENT AGREEMENT (iXBasic), p.51
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Buried at section 144 of 158 in the CLIENT AGREEMENT (iXBasic), 91% of the way through.

  • Worse together with Exhibit 4A balance too small to withdraw is still large enough for the monthly inactivity charge to consume.

Clause 2.17 says a commission below $10 cannot be calculated for technical reasons. The 2024 version of the same clause set that floor at one cent.

Why this matters

Small earnings simply stop existing, and the threshold rose a thousandfold without any announcement. A partner with several quiet months can end up paid nothing at all.

Exhibit 22NoticeHarder than usual$10

The Partner agrees that Commission fee in the amount of less than 10$ cannot be calculated for technical reasons.
Clause 2.17 in AFFILIATE AGREEMENT, p.10
Read from the broker's site on Open the reference

Where it sits: section 25 of 52 in the AFFILIATE AGREEMENT, 48% of the way through.

One exit route, and a fee for not trading first

Clause 34 takes 3% of any withdrawal unless you have traded 30% of your balance since the last one. Money leaves iXBROKER only as Tether on TRC20 or BEP20 at $1 a transaction, even where it arrived by card or in Toman. With a trade still open, clause 31.9 requires a 70% margin level before you can withdraw anything at all.

Getting money out2 clauses flagged

Withdrawals leave iXBROKER only as Tether on the TRC20 or BEP20 networks, at a fixed $1 per transaction. The Persian side of the site and clause 30.7 both describe money going in by other routes, including Toman deposits and cards charged manually.

Why this matters

If you pay in local currency or by card, you cannot take the same route out. You need a crypto wallet and an exchange to see your money again, and every conversion on the way costs you more than the $1 network fee.

Exhibit 9WarningHarder than usual$1

31.5 Withdrawals can be made in Tether (USDT) via the TRC20 and BEP20 networks.
Clause 31.5 in CLIENT AGREEMENT (iXBasic), p.50
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Our own capture of ixbroker.com, taken on Sep 8, 2026The claim, on English FAQ, deposit rules and methodsVisit this page on the broker's siteDownload the full size image file
Our own capture of ixbroker.com, taken on Sep 8, 2026What the contract saysVisit this page on the broker's siteDownload the full size image file
Our own capture of ixbroker.com, taken on Sep 8, 2026The claim, on English FAQ, key withdrawal rulesVisit this page on the broker's siteDownload the full size image file
Our own capture of dl.ixbroker.com, taken on Sep 8, 2026What the contract says, clause 31.2This capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file

Buried at section 143 of 158 in the CLIENT AGREEMENT (iXBasic), 91% of the way through.

  • Worse together with Exhibit 3The Toman route appears only in Persian, so the audience using it is the one the English contract does not describe.

With a trade still open, clause 31.9 lets you withdraw only if your margin level is at least 70%. Stop out sits at 30% and the margin call at 100%, so the account can be alive and still closed to withdrawals.

Why this matters

Between 30% and 70% your money is locked in a live account you cannot take anything out of. To reach your funds you have to close positions at whatever price the market is offering that day.

Exhibit 10WarningHarder than usual70%

31.9 If the trader has an open trade at the time of withdrawal. He will be able to withdraw his account equity if he has a margin level of at least 70%.
Clause 31.9 in CLIENT AGREEMENT (iXBasic), p.51
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Buried at section 144 of 158 in the CLIENT AGREEMENT (iXBasic), 91% of the way through.

A 30% bonus that any withdrawal deletes

iXBROKER credits 30% of each deposit as bonus, up to $3,000, and clause 36.2 makes it non withdrawable. Clause 36.3 removes every bonus the moment you make your first withdrawal, and clause 36.7 revokes the whole credit at stop out. Between those points the credit is spent absorbing your negative balance rather than paying you.

Credit conditions1 clause flagged

The bonus is 30% of each deposit, up to $3,000, and it cannot be withdrawn. Any withdrawal request cancels all active bonuses, and a stop out removes the whole credit.

Why this matters

Taking any money out costs you all the trading power the bonus gave you, so the bonus quietly discourages you from withdrawing. The credit is also spent absorbing your losses before it is ever spent on you.

Exhibit 13WarningStandard wording30%

Any withdrawal request will result in the automatic cancellation of all active bonuses on the account.
Quoted in Bonus Policy
Read from the broker's site on Open the reference

Buried at section 152 of 158 in the Bonus Policy, 96% of the way through.

Terms, leverage and access all change without notice

Clause 12.1 lets iXBROKER modify the agreement unilaterally, and clause 11.3 treats you as notified one hour after a website post. Clause 2.13 of the business account terms allows a leverage change at any time without notice, applied to positions already open. Clause 9.1 allows the broker to block all of your accounts without any warning or definition.

Unilateral power3 clauses flagged

iXBROKER can vary commissions and costs without telling you first, and clause 7.2 says posting the change on its website counts as due notice. Clause 12.1 extends the same power to the whole agreement.

Why this matters

The price you agreed can change while you hold a position, and you are treated as informed one hour after a post you never saw. Clause 3.3 also removes your right to cancel the agreement as a distance contract.

Exhibit 12WarningHarder than usual

The Company may vary commissions, charges and other costs from time to time without prior Written Notice to the Client. All changes in commissions, charges and other costs are displayed on the Company’s Website and posting on the Website shall be considered due notice.
Clause 7.2 in CLIENT AGREEMENT (iXBasic), p.23
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Where it sits: section 66 of 158 in the CLIENT AGREEMENT (iXBasic), 42% of the way through.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA and CySEC must give a retail client advance personal notice of a change to costs or terms, usually in writing and usually weeks ahead. This contract treats a website post as notice and allows the change without any prior notice at all.

iXBROKER is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

iXBROKER can amend your leverage at any time without prior notice, and clause 2.14 applies the new margin requirement to positions you already hold. The current version dropped the three conditions that used to limit this power.

Why this matters

A margin requirement raised mid trade can push you toward the 30% stop out on positions you opened under different rules. Clause 2.15 says the broker owes you nothing for losses that follow.

Exhibit 18WarningHarder than usual

The Company reserves the right to amend or change the trading leverage at any time without prior notice, in line with its policies, market conditions, or risk management requirements.
Clause 2.13 in BUSINESS ACCOUNT TERMS, p.6
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Where it sits: section 14 of 57 in the BUSINESS ACCOUNT TERMS, near the start.

The business account terms let iXBROKER block all of your accounts without any warning or definition if it decides you misused the conditions. Clause 20.1 of the client agreement allows suspension with or without written notice.

Why this matters

Access to your money can stop before anyone tells you why. The broker can also switch your account to close only mode with no notification, and any dispute about that is settled at its own absolute discretion.

Exhibit 19WarningHarder than usual

If ‘iXBROKER' realizes malicious activities, client violence, or abuse from the conditions, the company has the right to block all client's accounts without any warning or definition and avoid offering services to the client.
Clause 9.1 in BUSINESS ACCOUNT TERMS, p.19
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Buried at section 45 of 57 in the BUSINESS ACCOUNT TERMS, 79% of the way through.

Five working days, one accepted record, no outside appeal

Clause 22.1 gives you five working days from the event itself to complain to iXBROKER. Clause 23.1 gives the company an absolute right to refuse that complaint, and clause 22.11 says an argument its server log does not record may not be considered. The deposit rules point at a document called the Regulations for Non-Trading Operations that the site does not publish, while the complaint form asks you to cite its clauses.

Exit from a disagreement2 clauses flagged

Clause 8.4 puts every deposit and withdrawal under the Regulations for Non-Trading Operations. That document is not on the legal page, and the complaint form still asks you to name the clauses of it you think were broken.

Why this matters

You cannot read the rules that govern your money, and you cannot cite them to complain. The legal page also carries no client agreement for iX Pro, the second platform the broker advertises.

Exhibit 17WarningRarely seen

Funds deposits and withdrawals to/from the Trading Account shall be governed by the Regulations for Non-Trading Operations.
Clause 8.4 in CLIENT AGREEMENT (iXBasic), p.25
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Where it sits: section 70 of 158 in the CLIENT AGREEMENT (iXBasic), 44% of the way through.

Our readingContracts often refer to other documents, but those documents are normally published. Here the missing one covers deposits and withdrawals, and the broker's own complaint form treats it as something the client can quote.

A new clause gives an affiliate 3 business days to object once a commission is credited. After that the broker says it bears no responsibility for any claim about the amount.

Why this matters

If you introduce clients to iXBROKER, you have to audit every payment within three days or accept it forever. This deadline was not in the earlier version of the agreement.

Exhibit 21WarningHarder than usual3 working daysNew

5.8.3. Commission Amount Disputes After the commission amount has been credited to the affiliate’s account, the affiliate has a maximum of three (3) business days to officially raise any objections regarding the credited amount. After this deadline, the broker shall bear no responsibility for any claims or disputes .
Clause 5.8.3 in AFFILIATE AGREEMENT, p.16
Read from the broker's site on Open the reference

Buried at section 40 of 52 in the AFFILIATE AGREEMENT, 77% of the way through.

The agreement names no governing law and no court

Across 46 sections, the iXBROKER client agreement never states which country's law applies and never names a court. Clause 22.13 says the company chooses the method of dispute resolution at its sole discretion, and clause 20.3 settles anything uncovered on good faith and market practice. No ombudsman, arbitrator or compensation scheme appears anywhere in the document set.

Where a claim goes1 clause flagged

The 46 section client agreement never says which country's law governs it and never names a court. Disputes end inside the company, and clause 20.3 says anything the contract does not cover is settled on good faith and market practice.

Why this matters

With no governing law and no forum, you have nowhere obvious to take a claim if the broker refuses your complaint. Nothing in the document set names an ombudsman, an arbitrator or a compensation scheme.

Exhibit 15WarningRarely seen

In the event that a situation arises that is not covered under the Operative Agreements, the Company will resolve the matter on the basis of good faith and fairness and, where appropriate, by taking such action as is consistent with market practice.
Clause 20.3 in CLIENT AGREEMENT (iXBasic), p.36
Read from the broker's site on Open the reference

Buried at section 101 of 158 in the CLIENT AGREEMENT (iXBasic), 64% of the way through.

Our readingNearly every retail trading agreement fixes a governing law and a court, even an inconvenient one. Leaving both out means a client cannot tell in advance where a claim would be heard or which law would decide it.

iXBROKER is your counterparty and its own price source

Clause 6.1 lets iXBROKER deal as principal, selling to you and buying from you for its own account. Clause 2.6 of the business account terms gives the company exclusive authority to determine the current market price, and the definitions let it delete price spikes from its own quotes base. Clause 6.2 says you consent to it acting despite that conflict without prior notice.

In plain words

On a principal basis, as your counterparty, means the broker takes the other side of your trade itself. Your loss is then the firm’s gain, so it has an interest in how your trade ends.

Both sides of the trade1 clause flagged

iXBROKER can sell to you and buy from you for its own account, and the business account terms give it exclusive authority to decide the current market price. It runs its own platform, and it can delete price spikes from its records.

Why this matters

The company on the other side of your trade also decides the price you got and keeps the only record the contract accepts. Clause 6.2 says it can act despite that conflict without telling you.

Exhibit 14WarningHarder than usual

2.6.The company with its exclusive authority can determine the current market price.
Clause 2.6 in BUSINESS ACCOUNT TERMS, p.5
Read from the broker's site on Archived copyOpen the reference

Where it sits: section 10 of 57 in the BUSINESS ACCOUNT TERMS, near the start.

  • Worse together with Exhibit 2The party that set the price is also the party that decides whether your complaint about it is heard.

One brand, two companies and a London letterhead

The client agreement names IXBROKER LTD in the Comoros Union under MISA licence BFX2025127, while the affiliate agreement names a Saint Lucia company registered as 2024-00330. Every legal PDF is footed with a London headquarters address and two UK phone numbers that no document explains. Until February this year the bonus page also claimed FCA, CySEC and ASIC regulated affiliates, and that sentence has since been deleted.

Who holds your money1 clause flagged

The client agreement names IXBROKER LTD in the Comoros Union, licensed by MISA under number BFX2025127. The affiliate agreement names a Saint Lucia company, and every legal PDF is footed with a London headquarters address.

Why this matters

You need to know which company holds your money before you send it. The London address and UK phone numbers on each contract do not put your account under any UK regulator, and no compensation scheme is named anywhere.

Exhibit 16WarningHarder than usual

“Company” IXBROKER LTD is licensed by the Mwali International Services Authority (MISA), Comoros Union, under International Brokerage License No. BFX2025127.
Clause 1.1 in CLIENT AGREEMENT (iXBasic), p.8
Read from the broker's site on Open the reference
Our own capture of ixbroker.com, taken on Sep 8, 2026The claim, on English About Us page, why trade with iX BrokerVisit this page on the broker's siteDownload the full size image file
Our own capture of dl.ixbroker.com, taken on Sep 8, 2026What the contract says, clause 7.7Visit this page on the broker's siteDownload the full size image file

Where it sits: section 25 of 158 in the CLIENT AGREEMENT (iXBasic), near the start.

Where the marketing and the contract disagree

A promise made in public, set against the clause that governs it

01

Trading without identity checks is sold as secure, while the contract makes an unverified account impossible to recover.

Said in public, in English

For iX Broker, KYC is only needed above $3000. Flexible and secure!

English FAQ, answer to "Is KYC verification mandatory at iX Broker?"

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of ixbroker.com

In the contract · clause 40

Users who have never completed any form of identity verification (KYC) will not be eligible to recover their accounts if they lose access to their email or user panel.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of dl.ixbroker.com

02

The Persian page advertises trading with no identity check as a feature of the beginner platform, and the English contract turns that choice into a permanent lockout risk.

Said in public, in Persian

iX Basic برای تازه‌کارها و کسانی که سادگی و سرعت می‌خواهند؛ با رابط کاربری روان و امکان ترید بدون احراز هویت.

Word for word in English: iX Basic is for beginners and those who want simplicity and speed, with a smooth interface and the possibility of trading without identity verification.

Persian About Us page, trading platforms section

In the contract · clause 40

Users who have never completed any form of identity verification (KYC) will not be eligible to recover their accounts if they lose access to their email or user panel.

03

The FAQ says every current fee is displayed, and the contract says the swap charge after 30 days will not be.

Said in public, in English

The company displays all current fees, charges, and rates on its official website.

English FAQ, answer on commission rates and fees

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of ixbroker.com

In the contract · clause 35

When the 30-day period ends, the swap fee will be indirectly calculated and applied as a commission, and this fee will not be displayed in the swap section.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of dl.ixbroker.com

04

English readers are told there is one deposit method, crypto, while the Persian FAQ describes a Toman deposit route with its own verification rules.

Said in public, in English

Deposits on iX Broker are available through 1 methods:Cryptocurrencies – Deposits can be made in BTC, ETH, TRON, BNB, as well as USDT.

English FAQ, deposit rules and methods

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of ixbroker.com

In the contract

و واریز تومانی طبق قوانین صرافی نیازمند احراز هویت میباشد و استفاده از حساب شخص ثالث غیر مجاز است.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of ixbroker.com

05

The bonus page promises a negative balance is reset to zero, and the business account terms make you pay it in full immediately.

Said in public, in English

Following the removal of Bonus, should the account balance remain negative, the system will automatically reset the negative balance to zero after all open positions are closed, restoring the account to a zero-balance status.

Bonus Policy page, stop out conditions with active credit

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of ixbroker.com

In the contract · clause 6.5

If caution execution is made to negative balance creation in the client's trading account, the client is responsible for this loss and must pay the full amount immediately.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of dl.ixbroker.com

06

The site states client funds sit in segregated accounts, while the contract says they sit on the company's accounts including segregated ones in the company's own name.

Said in public, in English

Segregated Client FundsClient funds are held in segregated accounts — a dedicated bank account and a dedicated crypto wallet — separated from company operational capital.

English About Us page, why trade with iX Broker

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of ixbroker.com

In the contract · clause 7.7

Client’s funds are held on the Company’s accounts including segregated accounts opened in the Company’s name for holding Client funds separate from the Company’s funds.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of dl.ixbroker.com

07

The FAQ gives the withdrawal desk an extra hour, so a request sent at 19:30 UTC looks on time and is not.

Said in public, in English

The broker’s Financial Department operates daily from 07:00 AM to 8:00 PM (UTC). All financial requests submitted outside of these hours will be processed on the next business day.

English FAQ, key withdrawal rules

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of ixbroker.com

In the contract · clause 31.2

31.2. Financial Team Working Hours:The broker’s Financial department working hours are daily from 07:00 to 19:00 UTC.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of dl.ixbroker.com

What changed quietly

This is our first reading of iXBROKER, so there is nothing to compare it against. The clause numbers and figures here are the ones in force today.

  • ADDEDClause 5.8.3 · 2024-08-15 to Feb 11, 2025 v01

    A three business day deadline for querying a commission was added, and after it the broker accepts no responsibility.

    5.8.3. Commission Amount Disputes After the commission amount has been credited to the affiliate’s account, the affiliate has a maximum of three (3) business days to officially raise any objections regarding the credited amount. After this deadline, the broker shall bear no responsibility for any claims or disputes .

  • REWRITTENClause 2.17 · 2024-08-15 to Feb 11, 2025 v01

    The unpaid commission floor moved from one cent to ten dollars, so far more earnings now fall below it.

    The Partner agrees that Commission fee in the amount of less than 10$ cannot be calculated for technical reasons.

  • REWRITTENClause 2.13 · 2024-08-14 to jan 01, 2025 v01

    The three situations that used to limit a leverage change were replaced with the broker's own policies and risk requirements.

    The Company reserves the right to amend or change the trading leverage at any time without prior notice, in line with its policies, market conditions, or risk management requirements.

  • REMOVEDClause · 2026-02-15 to 2026-09-08

    The claim that holding and affiliated companies are regulated by the FCA, CySEC and ASIC was deleted from the bonus page footer, leaving only the Comoros licence.

  • REWRITTENClause · 2026-02-15 to 2026-09-08

    The bonus cap per deposit tripled to $3,000, so more of your trading power can now be credit the first withdrawal deletes.

    The maximum bonus you can receive for each deposit is $3,000.

  • REMOVEDClause · 2026-02-15 to 2026-09-08

    The whole iX Pro bonus section went, including its 90 day expiry, and no client agreement for iX Pro is published on the legal page.

The documents this reading is based on

16 files, all published by iXBROKER. Each shows when we read it and a fingerprint of its wording.

WIKILIX keeps the copy of each file it read, and does not republish it: what is published is the fingerprint of its wording. Download the file yourself and hash its text, lowercased with runs of whitespace collapsed, and a matching fingerprint means the wording quoted above is still the wording iXBROKER publishes.

How this reading was done

Every clause above was read out of a document iXBROKER publishes itself

This reading was published on .

Documents
10 of 16downloaded from the broker's site, and 10 read in full
Pages opened
47pages walked to find those documents, footer links included
Older copies
5earlier versions downloaded
Marketing pages
11public pages set against what the contract says
Languages
EN vs FAthe language it advertises in, against the language it contracts in
Position measured
23clauses whose position was counted: which numbered section of the document holds them, out of how many

Who the contract is with

IXBROKER LTD

The client agreement names IXBROKER LTD, registered company HT01025102, at Bonovo Road, Fomboni, Island of Mohéli, Comoros Union, licensed by the Mwali International Services Authority under number BFX2025127. The affiliate agreement names a different company: iXBROKER registered in Saint Lucia under number 2024-00330. Every legal PDF is footed "Headquarters: 64 North Row Mayfair, London, United Kingdom" with two UK telephone numbers, and no document explains what that London office is or which entity holds it. A retail client contracts with the Comoros company. Nothing in the document set says the London address or the Saint Lucia company gives you any claim on a UK or Saint Lucia regulator.

Quotations are copied verbatim from the documents named above, with the clause number and the page each one came from. Where a clause is quoted in another language, the original is shown first and the English is a translation.

The plain-language parts, what a clause means for a client, how ordinary it is, and how it reads against a regulated standard, are WIKILIX's analysis and are labelled as such on every card. This is a reading of public documents, not legal advice and not an allegation of wrongdoing.

In fairness, and what we could not check

A reader who knows the edges of the work can trust the middle of it

iXBROKER publishes its whole legal shelf in Persian as well as English, which most brokers aimed at Iranian clients do not do. The withdrawal rules carry real numbers rather than vague promises: a $1 network fee, a 10 USDT minimum, a 15,000 USDT cap, and a 30 minute processing target inside working hours. The FAQ openly admits the broker can freeze account balances over suspected arbitrage, instead of hiding it in a PDF. Clause 45 warns you not to deposit into a negative account before closing positions, a trap most contracts leave you to discover. The privacy policy promises never to sell your personal data, and the affiliate terms now pay weekly rather than monthly and cut the qualifying referral deposit from $100 to $50.

We read the English client agreement, the business account terms, the affiliate agreement, the complaint policy and the privacy policy in full, plus the live bonus page. The six Persian PDFs extract with the letters out of order, so we read them for structure only and quoted nothing from them. Where a Persian fact matters, we took it from a Persian web page we opened ourselves and quoted that instead. One archived copy of the client agreement was not available, so the client agreement has no earlier version to compare against. The client agreement carries no version number and no date beyond "August 2026", so we cannot tell when any clause in it changed. We did not see the client portal at our.ixbroker.com, which needs an account, so any rule that appears only inside the platform is outside this reading.

How to check any of this yourself

Every quote above links to the iXBROKER file it came from. This is what to do with it.

Open the three stepsFind the words in the source, work out the fingerprint, and read what a difference does and does not prove.

Open the source and search for the words

Every quote has a link under it. Open the file, or the web page, and search it for the words we quote. The clause number next to the quote tells you where to look.

If the words are not there any more, the source may have changed after we read it. That is worth knowing too. We keep the date we read it, and a code worked out from its wording, so the quote stays checkable.

What a fingerprint is

A fingerprint is a code worked out from what a source says. Change one word and the code changes completely. We keep two codes for every file we read, and the panel on each source shows both.

The first is the code of the exact file we downloaded. The second is the code of its wording alone, with capital letters lowered and runs of spaces collapsed. When the same words are saved as a new file, the first code changes and the second one stays the same.

Only the first code can be worked out on your own computer. Save the file, then run one of these, putting the name of the file you saved where the example is. The panel on each source prints the command with that source's real file name already in it.

macOS or Linux:
  shasum -a 256 the-file-you-saved.pdf

Windows:
  certutil -hashfile the-file-you-saved.pdf SHA256

The two codes are different from each other, and they are not meant to match. Comparing one against the other proves nothing.

What a difference means, and what it does not

A different file code on its own proves nothing. A PDF saved again with a new date inside it is a new file saying exactly the same thing.

A different wording code means the words themselves changed. That is the one that matters, and it is why we keep it.

Even then, a change is not proof of bad faith. Companies update their documents. What this report says is what the document said on the day we read it, and every quote carries that date.

A source that is a web page and not a file has no file to save, so only the code of its wording is shown.

How this report is made

Every clause quoted above comes from a document iXBROKER publishes on its own website, downloaded and hashed on the date shown, with the clause number and page recorded so any reader can check it. We do not allege anything the documents do not say, and we do not judge iXBROKER on anything other than its own published terms and its own public marketing. Where a clause has a qualifier that softens it, the report says so. Last read Sep 8, 2026.

If you represent iXBROKER and a clause has changed, been withdrawn, or is being read out of context, tell us and we will re-read the documents and update this page. Corrections from the broker are welcome and are published with the reading they change. Contact us.

This is a reading of a contract, not legal advice and not a ruling on iXBROKER. Whether its licence is real and current is a separate check on the broker profile.

Back to the iXBROKER profile