Written by ForexBrokers.com
In this head to head comparison of BlackBull Markets vs IUX, 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 comparing online brokers BlackBull Markets and IUX, both firms bring a similar level of trust to the table, as evidenced by their identical Trust Score ratings of 78 from ForexBrokers.com. This places them in the average risk category in terms of consumer trust. BlackBull Markets, established in 2014, and IUX, founded in 2016, are neither publicly traded nor are they banks. Both companies hold one Tier-1 license, indicating a high level of trust, while IUX additionally holds a Tier-2 license, which is regarded as trustworthy by industry standards.
These similarities might influence your choice based on specific licensing needs or operational features. While BlackBull Markets is known for its consolidated licensing framework with a focus on Tier-1 accreditation, IUX offers an additional Tier-2 license, potentially providing more diversity in regulatory oversight. Both brokers maintain a solid stance in the industry, offering a competitive range of services for online trading.
| Feature |
BlackBull Markets
|
IUX
|
|---|---|---|
| Year Founded | 2014 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
BlackBull Markets and IUX both tie pricing to the account you choose, blending spread-only and commission-based options. For commissions and fees, BlackBull Markets is rated 4.5/5 stars and ranks 19th out of 63 brokers (ForexBrokers.com), while IUX is rated 4/5 stars and ranks 49th out of 63. In short, BlackBull aims for lower all-in costs at higher deposit tiers, whereas IUX emphasizes lower entry requirements with competitive—but not category-leading—spreads.
BlackBull Markets’ Standard account is commission-free with no minimum deposit but comes with wider spreads. The Prime account requires a $2,000 minimum and charges $3 per side ($6 round turn) per standard lot, delivering an average EUR/USD spread of 0.16 and an all-in cost around 0.76 pips (March 2024). The ECN Institutional account targets high-volume traders with a $20,000 minimum and lower commissions of $2 per side ($4 round turn) per standard lot. Overall trading costs at BlackBull are about average across accounts, but the Prime and Institutional tiers can be compelling for active traders who can meet the deposit thresholds.
IUX’s Standard and Standard+ accounts each have a $10 minimum; Standard+ supports deposit bonuses but uses wider spreads, while Standard has lower spreads without promos. For active traders, the Raw and Pro accounts require $500: Raw posts the tightest spreads but adds a $6 commission per standard lot, and Pro is spread-only with no commission. IUX lists average EUR/USD spreads of about 0.9 pips on Standard, 0.7 pips on Pro, and roughly 0.6 pips on Raw after factoring in the commission’s pip equivalent. Bottom line: if you can meet BlackBull’s Prime minimum, its all-in EUR/USD cost can undercut IUX’s posted averages, while IUX stands out for low minimum deposits and straightforward spread-only choices.
| Feature |
BlackBull Markets
|
IUX
|
|---|---|---|
| Minimum Deposit | $0 | 10 |
| Average spread (EUR/USD) - Standard account | 0.71 | 0.9 |
| All-in Cost EUR/USD - Active | 0.71 | 0.6 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
BlackBull Markets vs IUX: For range of investments, BlackBull Markets offers a much wider selection with 26,000 tradeable symbols and 72 forex pairs, compared with IUX’s 152 symbols and 34 forex pairs. Both brokers support forex trading as CFDs or spot. BlackBull also lets you buy exchange-traded U.S. shares as well as international shares, while IUX offers international shares but not U.S.-listed stocks. Reflecting this breadth, BlackBull earns 5 stars and ranks #6 out of 63 brokers for Range of Investments, whereas IUX holds 3.5 stars and ranks #61.
Both brokers provide access to cryptocurrency via CFDs, but neither supports buying actual (delivered) crypto. BlackBull includes copy trading, which IUX does not. If you want a larger menu of markets and access to U.S. shares, BlackBull Markets is the more expansive choice; IUX suits those who want a simpler lineup with international shares and crypto CFDs.
| Feature |
BlackBull Markets
|
IUX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 26000 | 152 |
| Forex Pairs (Total) | 72 | 34 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | Yes | No |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
If you’re choosing between BlackBull Markets and IUX for trading platforms and tools, both offer a free demo (paper) account and let you trade on Windows desktop and in your web browser. IUX provides a proprietary platform and supports MetaTrader 5, while BlackBull Markets focuses on third‑party options, offering both MetaTrader 4 and MetaTrader 5. Copy trading is available at BlackBull Markets but not at IUX. Both brokers let you place trades directly from charts; the number of built‑in indicators and watch list fields wasn’t specified.
For Trading Platforms and Tools, ForexBrokers.com rates BlackBull Markets 4 stars and ranks it 31st out of 63, while IUX earns 3.5 stars and ranks 60th. In short, choose BlackBull Markets if you want MT4 and copy trading; choose IUX if you prefer a broker-built platform with MT5 and standard web/desktop access. Both let you practice first with a demo and trade on desktop or web.
| Feature |
BlackBull Markets
|
IUX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 109 | 106 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both BlackBull Markets and IUX offer mobile trading apps for iPhone and Android. In independent testing by ForexBrokers.com, BlackBull Markets earned 4 stars and ranked 33rd out of 63 brokers for Mobile Trading Apps, while IUX earned 3.5 stars and ranked 61st. Both apps save chart drawings automatically, helping you pick up where you left off.
For features, BlackBull Markets stands out with price alerts and watchlist syncing between the app and your online account—handy for tracking forex or stocks on the go—while IUX lacks both. When it comes to charting tools, IUX lists more built-in technical studies (106 vs 30), but BlackBull Markets lets you draw trendlines in the app, which IUX does not. If you value alerts, synced watchlists, and drawing tools, BlackBull Markets may fit better; if a large set of indicators is your priority, IUX has the edge.
| Feature |
BlackBull Markets
|
IUX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | No |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 106 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing BlackBull Markets vs IUX for market research shows clear differences. If you want daily market commentary, BlackBull delivers it, while IUX does not. Both brokers lack integrated forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones. BlackBull adds the Autochartist suite for technical and fundamental ideas, but IUX doesn’t. Neither broker offers Trading Central, TipRanks, or Acuity Trading. BlackBull also provides a sentiment tool that tracks the long/short positioning across instruments; IUX has no sentiment gauge. On the essentials, both include an economic calendar covering upcoming global events.
On ratings, BlackBull Markets earns 4 stars for Research and ranks #18 out of 63 brokers at ForexBrokers.com. IUX earns 3 stars and sits at #60. In plain terms, traders who value built-in tools and sentiment data will find BlackBull stronger for research, while IUX covers only the basics with its calendar and lacks most add-ons.
| Feature |
BlackBull Markets
|
IUX
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | Yes | No |
| Trading Central | No | No |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners comparing education from online brokers, both BlackBull Markets and IUX offer forex and CFD education with at least 10 learning pieces, including a minimum of 10 beginner-friendly videos. The key difference is live learning: BlackBull Markets hosts client webinars at least once a month, while IUX does not. If you’re new and prefer guidance you can interact with in real time, BlackBull’s regular webinars can help you get up to speed faster.
As you progress, BlackBull Markets also provides at least 10 advanced videos for experienced traders, whereas IUX lacks this depth. That gap shows up in the ratings: BlackBull Markets earns 4 stars for Education and ranks #29 out of 63 brokers on ForexBrokers.com; IUX scores 3 stars and ranks #60. In short, choose BlackBull Markets for a fuller learning path with live sessions and advanced topics, while IUX suits beginners seeking basic video lessons without ongoing webinars.
| Feature |
BlackBull Markets
|
IUX
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that BlackBull Markets is better than IUX. BlackBull Markets finished with an overall rank of #24, while IUX finished with an overall rank of #55.
BlackBull Markets is a plain-vanilla MetaTrader broker with a growing range of products and support for a handful of third-party social copy trading platforms.
| Feature |
BlackBull Markets
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IUX
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|---|---|---|
| Overall Rating |
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| Trust Score | 78 | 78 |
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In a head-to-head comparison, online brokers BlackBull Markets and IUX do not allow buying actual (delivered) cryptocurrencies, but both support trading cryptocurrency CFDs for speculative exposure without owning the underlying asset.
Comparing funding methods, BlackBull Markets and IUX both support Skrill and bank wire deposits/withdrawals while not supporting ACH/SEPA or PayPal, and availability for Visa/Mastercard is unspecified.
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.
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0 of 5| Overall Rating | BlackBull Markets | IUX | |
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| Trust Score | 78 | 78 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | IUX Review |
| Broker Screenshots | BlackBull Markets | IUX | |
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| Broker Gallery (click to expand) |
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| Regulation | BlackBull Markets | IUX | |
|---|---|---|---|
| Trust Score | 78 | 78 | |
| Year Founded | 2014 | 2016 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | BlackBull Markets | IUX | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA 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) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No |
| Tier-2 Licenses (Trusted) | BlackBull Markets | IUX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | BlackBull Markets | IUX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 26000 | 152 | |
| Forex Pairs (Total) | 72 | 34 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | Yes | No | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 | BlackBull Markets | IUX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.71 | 0.9 | |
| All-in Cost EUR/USD - Active | 0.71 | 0.6 | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | BlackBull Markets | IUX | |
|---|---|---|---|
| Minimum Deposit | $0 | 10 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | BlackBull Markets | IUX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No |
| Trading Tools | BlackBull Markets | IUX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 109 | 106 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | BlackBull Markets | IUX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | No | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 106 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | BlackBull Markets | IUX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | Yes | No | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | BlackBull Markets | IUX | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | BlackBull Markets | IUX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | BlackBull Markets Review | IUX Review |
| Overall | BlackBull Markets | IUX | |
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| Trust Score | 78 | 78 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | IUX Review |
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