Written by ForexBrokers.com
In this head to head comparison of IUX vs Alpari, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
When choosing between online brokers, it's essential to consider their background and trustworthiness. IUX, founded in 2016, holds one Tier-1 license and one Tier-2 license, offering a noteworthy level of safety in the online trading world. Despite not being a bank or publicly traded, IUX earns a Trust Score of 78 from ForexBrokers.com, marking it as an average risk for traders. In contrast, Alpari, established in 1998, operates without any Tier-1 or Tier-2 licenses. Like IUX, Alpari is neither a bank nor publicly traded, and holds a Trust Score of 68, which places it in the high-risk category.
Both brokers have their own set of strengths and weaknesses, but IUX’s acquisition of Tier-1 and Tier-2 licenses suggests a higher level of commitment to regulatory compliance compared to Alpari. These differences make IUX an appealing choice for traders prioritizing regulatory reassurance. Meanwhile, Alpari's longer standing in the market may attract those who value historical presence. Ultimately, informed choices stem from understanding each broker's regulatory standing and risk level as indicated by their respective Trust Scores.
| Feature |
IUX
|
Alpari
|
|---|---|---|
| Year Founded | 2016 | 1998 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 0 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
IUX offers several pricing paths depending on the account you pick. Standard and Standard+ both require just a $10 minimum deposit: Standard+ supports deposit bonuses but typically shows wider spreads, while the Standard account skips promotions in exchange for lower spreads. For active traders, the Pro and Raw accounts each require a $500 minimum deposit. Pro is spread-only with no commission and carries lower spreads than the Standard accounts. Raw targets the tightest spreads but adds a $6 commission per 100,000 units (one standard lot). For EUR/USD, IUX lists average spreads of about 0.9 pips on Standard, 0.7 pips on Pro, and an all-in cost near 0.6 pips on Raw when you convert the commission into pips; note that no date range was provided for these averages.
Alpari’s commissions and fees snapshot is less transparent here, as average spread data is not available. That makes direct cost-per-trade comparisons harder, even though both brokers earn 4 out of 5 stars for commissions and fees. In ForexBrokers.com’s Commissions and Fees ranking out of 63 brokers, Alpari places #42, while IUX is #49, suggesting Alpari has a slight edge overall in this category despite the missing spread figures.
Bottom line: IUX publishes clear account choices with a low $10 entry option and competitive pricing on its Pro and Raw tiers, though it’s not the absolute cheapest. Alpari scores the same 4-star rating and ranks higher in the category, but you may need to check its site for detailed spread disclosures. Consider your preferred pricing model (spread-only vs. commission), minimum deposit comfort, and the availability of concrete cost data before deciding.
| Feature |
IUX
|
Alpari
|
|---|---|---|
| Minimum Deposit | 10 | $20 |
| Average Spread EUR/USD - Standard | 0.9 | N/A |
| All-in Cost EUR/USD - Active | 0.6 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
IUX vs Alpari: both brokers let you trade forex as CFDs or spot. IUX lists 152 tradeable symbols, giving it a wider overall product selection than Alpari’s 105. When it comes to currency pairs, however, Alpari offers more choice with 46 forex pairs compared to IUX’s 34.
Neither broker lets you buy U.S.-listed shares directly, but both support investing in exchange-traded shares on international exchanges. For crypto, both offer derivatives but not actual coins. Alpari adds copy trading, while IUX does not. Based on range of investments, ForexBrokers.com rates IUX 3.5/5 (ranked 61 of 63) and Alpari 3/5 (ranked 64 of 63).
| Feature |
IUX
|
Alpari
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 152 | 105 |
| Forex Pairs (Total) | 34 | 46 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
IUX and Alpari both make it easy to get started with a free demo account and offer their own proprietary platforms alongside Windows desktop downloads and web-based trading. Each supports MetaTrader 5, while only Alpari adds MetaTrader 4. If you want copy trading, Alpari provides it; IUX does not. Neither broker connects to DupliTrade or ZuluTrade. Both platforms let you place trades directly from charts, which can speed up execution.
For charting and organization, IUX stands out with 89 drawing tools and 46 watchlist fields, compared with Alpari’s 15 drawing tools and 7 watchlist fields. According to ForexBrokers.com, IUX earns 3.5/5 stars for Trading Platforms and Tools and ranks #60 of 63 brokers, while Alpari scores 4/5 stars and ranks #56 of 63. If you value MT4 and copy trading, Alpari is the clearer fit; if you want deeper drawing tools and more detailed watchlists, IUX may appeal.
| Feature |
IUX
|
Alpari
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 106 | 30 |
| Charting - Drawing Tools (Total) | 89 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 46 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
IUX and Alpari both offer mobile trading apps for iPhone and Android, with real-time quote watchlists and the ability to switch chart time frames. Key differences show up in charting and alerts. IUX packs in more technical indicators (106 vs. Alpari’s 30) and auto-saves your chart drawings, but it doesn’t let you draw trendlines and it lacks price alerts. Alpari supports trendline drawing and offers price alerts, though it doesn’t auto-save drawings. Neither app syncs watchlists with the web platform.
For overall app quality, IUX earns 3.5 out of 5 stars and ranks 61st out of 63, while Alpari scores 4 out of 5 stars and ranks 57th. Choose Alpari if you need mobile price alerts and on-chart drawing tools; pick IUX if a larger set of indicators and auto-saving chart work matter more to you.
| Feature |
IUX
|
Alpari
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | No | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 106 | 30 |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
IUX vs Alpari for market research: both brokers include an economic calendar but skip daily market commentary. Alpari stands out by offering forex news from top-tier sources like Bloomberg or Reuters, while IUX does not. For research tools, Alpari supports Autochartist, which can help with chart patterns and trade ideas; IUX lacks Autochartist. Neither broker provides Trading Central or a sentiment tool showing long/short positioning. IUX does not offer TipRanks or Acuity Trading; for Alpari, availability of TipRanks and Acuity Trading isn’t specified.
Both brokers earn 3 stars for Research. In ForexBrokers.com’s rankings, Alpari places #58 out of 63, edging IUX at #60. If you want forex news and Autochartist, Alpari has the advantage. If your needs are limited to an economic calendar, either broker can work.
| Feature |
IUX
|
Alpari
|
|---|---|---|
| Daily Market Commentary | No | No |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing IUX and Alpari for beginner education: Alpari offers a broader catalog of forex and CFD education with at least 10 articles, videos, or similar resources, while IUX does not meet that bar. Both brokers supply at least 10 beginner-focused trading videos, but neither hosts monthly client webinars or keeps a searchable archive of past webinars. Advanced learners will find gaps at both brokers, as neither provides 10+ advanced videos. Only Alpari includes an investor dictionary with 50+ terms; IUX lacks this feature.
Both brokers earn 3 stars for Education from ForexBrokers.com, yet Alpari ranks higher (#48 of 63) than IUX (#60 of 63). In simple terms, beginners who want more reading materials and clear definitions may prefer Alpari, while those mainly seeking basic video lessons could use either. If you rely on live webinars or structured advanced courses, neither will meet those needs.
| Feature |
IUX
|
Alpari
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that IUX is better than Alpari. IUX finished with an overall rank of #55, while Alpari finished with an overall rank of #58.
IUX offers a basic trading experience built around MT5 and a proprietary mobile app, featuring low minimum deposits, multiple account types, and a modest range of tradeable markets.
| Feature |
IUX
|
Alpari
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 78 | 68 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Both IUX and Alpari do not provide the option to buy actual delivered cryptocurrency; however, they both offer the ability to purchase cryptocurrency derivatives.
Both IUX and Alpari do not offer ACH, SEPA, or PayPal for account transactions, but they both support Skrill, Visa, Mastercard, and bank wires for depositing or withdrawing funds.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
Select Brokers
↓×Compare
0 of 5| Overall Rating | IUX | Alpari | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 78 | 68 | |
| Winner | check_circle | ||
| Review | IUX Review |
| Broker Screenshots | IUX | Alpari | |
|---|---|---|---|
| Broker Gallery (click to expand) |
| Regulation | IUX | Alpari | |
|---|---|---|---|
| Trust Score | 78 | 68 | |
| Year Founded | 2016 | 1998 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 1 | 0 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | IUX | Alpari | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | ||
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No |
| Tier-2 Licenses (Trusted) | IUX | Alpari | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | IUX | Alpari | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 152 | 105 | |
| Forex Pairs (Total) | 34 | 46 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | IUX | Alpari | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.9 | N/A | |
| All-in Cost EUR/USD - Active | 0.6 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | IUX | Alpari | |
|---|---|---|---|
| Minimum Deposit | 10 | $20 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | IUX | Alpari | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | IUX | Alpari | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 46 | 7 | |
| Charting - Indicators / Studies (Total) | 106 | 30 | |
| Charting - Drawing Tools (Total) | 89 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | No | Yes |
| Mobile Trading | IUX | Alpari | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | No | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 106 | 30 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | No | Yes |
| Research | IUX | Alpari | |
|---|---|---|---|
| Daily Market Commentary | No | No | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | ||
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | IUX | Alpari | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | IUX | Alpari | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | IUX Review |
| Overall | IUX | Alpari | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 78 | 68 | |
| Winner | check_circle | ||
| Review | IUX Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill