Written by ForexBrokers.com
In this head to head comparison of CMC Markets vs IUX, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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CMC Markets vs IUX: CMC Markets was founded in 1989 and is publicly traded on a stock exchange, while IUX began in 2016 and is privately held. Neither broker is a bank.
Regulation and trust differ notably. CMC Markets holds 6 Tier-1 licenses and 1 Tier-2 license, compared with IUX’s 1 Tier-1 and 1 Tier-2. According to ForexBrokers.com, CMC Markets has a Trust Score of 99 (90–99 = highly trusted), while IUX scores 76 (70–79 = average risk). In plain terms, CMC Markets offers broader top-tier regulatory coverage and a higher trust rating than IUX.
| Feature |
CMC Markets
|
IUX
|
|---|---|---|
| Year Founded | 1989 | 2016 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 6 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
In the commissions and fees category, CMC Markets comes out ahead of IUX, especially for traders who want more pricing choices. CMC Markets is rated 5 stars and ranked #3 out of 36 brokers by ForexBrokers.com, while IUX is rated 4.5 stars and ranked #19 out of 36. On CMC’s standard account, the average EUR/USD spread measured 1.3 pips, which is higher than its advertised minimum and has widened over time. That said, CMC’s pricing tends to stay fairly close to its quoted minimums, which helps make costs more predictable.
CMC Markets’ better-value pricing is available through its FX Active account, where the average EUR/USD cost drops to 0.65 pips plus commission, or about 1.15 pips all-in on a standard lot. Active traders can also benefit from volume-based rebates through CMC Alpha in select regions. Non-trading costs are generally low too, with no minimum deposit and no wire transfer fee, though there is an inactivity fee after a full year without trading activity.
IUX offers a simpler fee structure, with Standard and Standard+ accounts starting at a $10 minimum deposit, while Raw and Pro accounts are built for more active traders and require $500 to open. Its Standard account averages about 0.9 pips on EUR/USD, the Pro account averages about 0.7 pips, and the Raw account has an average near 0.6 pips once commission is included. Overall, IUX is competitive, but CMC Markets has the edge on fees and ranks much higher for commissions and pricing.
| Feature |
CMC Markets
|
IUX
|
|---|---|---|
| Minimum Deposit | $0 | $50 |
| Average spread (EUR/USD) - Spread-only account | 1.3 | 0.86 |
| All-in Cost EUR/USD - Raw spread account | 1.15 | 0.6 |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to range of investments, CMC Markets offers a much wider selection than IUX. CMC Markets provides access to 21,710 tradable symbols and 303 forex pairs, while IUX lists 152 tradable symbols and 34 forex pairs. Both brokers support forex trading and cryptocurrency CFDs, and both let clients trade international exchange-listed shares. However, only CMC Markets offers exchange traded securities on U.S. exchanges, such as Apple shares, giving it a broader choice for stock investors.
Independent rankings also point to a clear gap between the two. CMC Markets is rated 5 stars for Range of Investments and ranks #9 out of 36 brokers, while IUX scores 3.5 stars and ranks #37. For traders looking for more markets, more forex pairs, and access to both U.S. and international shares, CMC Markets stands out as the stronger option.
| Feature |
CMC Markets
|
IUX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 21710 | 152 |
| Forex Pairs (Total) | 303 | 34 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | No | 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.
CMC Markets and IUX both give traders a wide choice of platform options, including a free demo account for practice, a proprietary platform, web trading, and a Windows desktop download. Each broker also lets you trade directly from charts and offers MetaTrader 5, which is a major plus for traders who want familiar charting and order tools. Neither broker offers copy trading, so if you want to follow other traders automatically, you will need to look elsewhere. The main difference is that CMC Markets also supports MetaTrader 4, while IUX does not.
When it comes to trading platforms and tools, CMC Markets has the edge overall. It earns 5 out of 5 stars from ForexBrokers.com and ranks #6 out of 36 brokers, while IUX is rated 3.5 out of 5 stars and ranks #37. For traders comparing online brokers based on platform choice and ease of use, CMC Markets looks stronger, especially if MT4 matters to you. IUX still covers the basics well, but CMC Markets offers a more complete setup for active traders.
| Feature |
CMC Markets
|
IUX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 65 | 106 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
CMC Markets and IUX both offer mobile trading apps for iPhone and Android, so either broker lets you trade on the go. Where CMC Markets stands out is in everyday app features that many traders rely on, including stock and forex price alerts, watchlist syncing with the online account, and the ability to draw trendlines on charts. Its app also saves drawings automatically, and it is rated 5 stars for mobile trading apps, with a ForexBrokers.com rank of #5 out of 36 brokers.
IUX also supports iPhone and Android apps and automatically saves chart drawings, but it does not offer price alerts, watchlist syncing, or trendline drawing in its mobile app. On the charting side, IUX does provide more technical studies than CMC Markets, with 106 compared with 30. Even so, its mobile trading apps are rated 3.5 stars and ranked #37 out of 36 brokers by ForexBrokers.com, which points to a weaker overall app experience than CMC Markets.
| Feature |
CMC 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.
CMC Markets offers a much stronger market research setup than IUX. It provides daily market commentary, forex news from top names like Bloomberg and Reuters, Autochartist tools, a sentiment-based trading feature, and an economic calendar. IUX, by comparison, only offers an economic calendar and does not provide daily commentary, top-tier forex news, Autochartist, Trading Central, or sentiment tools. That difference helps explain why CMC Markets is rated 5 stars for Research and ranked #6 out of 36 brokers by ForexBrokers.com, while IUX is rated 3 stars and ranked #37.
For traders who want more help finding ideas and tracking market moves, CMC Markets gives far more research content to work with. IUX covers the basics with its economic calendar, but it lacks the extra market insight and trading signals that many active traders may look for. If research tools matter to you, CMC Markets is the clearer choice for market analysis and trade planning.
| Feature |
CMC Markets
|
IUX
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | 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 looking for trading education, CMC Markets has the edge over IUX. CMC Markets offers forex and CFDs learning materials, monthly live educational webinars, and at least 10 beginner videos, plus 10 advanced videos for traders who want to go further. It is also rated 5 stars for Education and ranks #10 out of 36 brokers by ForexBrokers.com, which points to a wide range of learning support for new and growing traders.
IUX also provides at least 10 beginner videos and forex or CFDs education, but it falls short in a few key areas that matter to beginners who want more guidance. It does not offer monthly educational webinars, and it does not appear to have at least 10 advanced videos. With a 3-star Education rating and a #37 ranking out of 36 brokers by ForexBrokers.com, IUX offers some useful basics, but CMC Markets is the stronger choice for education overall.
| Feature |
CMC 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 CMC Markets is better than IUX. CMC Markets finished with an overall rank of #5, while IUX finished with an overall rank of #37.
CMC Markets is well-trusted across the globe, and delivers a terrific trading experience thanks to its 21,710 tradeable instruments and 303 forex pairs, the largest currency lineup in the industry.
| Feature |
CMC Markets
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IUX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 76 |
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CMC Markets vs IUX: both online brokers do not let you buy actual (delivered) cryptocurrencies, but each offers cryptocurrency CFD trading instead.
Compared with IUX, CMC Markets offers ACH/SEPA, PayPal, and bank wires (but not Skrill) for deposits and withdrawals, whereas IUX offers Skrill and bank wires (but not ACH/SEPA or PayPal), and Visa/Mastercard availability is not specified for either.
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 | CMC Markets | IUX | |
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| Trust Score | 99 | 76 | |
| Winner | check_circle | ||
| Review | CMC Markets Review | IUX Review |
| Broker Screenshots | CMC Markets | IUX | |
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| Regulation | CMC Markets | IUX | |
|---|---|---|---|
| Trust Score | 99 | 76 | |
| Year Founded | 1989 | 2016 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 6 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | CMC Markets | IUX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | No | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | CMC Markets | IUX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | CMC Markets | IUX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 21710 | 152 | |
| Forex Pairs (Total) | 303 | 34 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | No | 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 | CMC Markets | IUX | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | 1.3 | 0.86 | |
| All-in Cost EUR/USD - Raw spread account | 1.15 | 0.6 | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | CMC Markets | IUX | |
|---|---|---|---|
| Minimum Deposit | $0 | $50 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | No |
| Trading Platforms | CMC Markets | IUX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | CMC Markets | IUX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 65 | 106 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | CMC 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 | CMC Markets | IUX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | CMC Markets | IUX | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | CMC 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 | CMC Markets Review | IUX Review |
| Overall | CMC Markets | IUX | |
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| Trust Score | 99 | 76 | |
| Winner | check_circle | ||
| Review | CMC Markets Review | IUX Review |
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