Written by ForexBrokers.com
In this head to head comparison of DooPrime 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 DooPrime and IUX, it's clear they operate with different levels of regulatory oversight. Established in 2014, DooPrime holds four Tier-1 licenses, making it a trusted choice with a ForexBrokers.com Trust Score of 83 out of 99. Although not publicly traded or a banking institution, DooPrime’s regulatory credentials underscore its reliability within the industry.
On the other hand, IUX, founded in 2016, holds no Tier-1 licenses but has one Tier-2 license, indicating a moderate level of trust according to ForexBrokers.com. With a Trust Score of 69, IUX is categorized as high risk, which might raise concerns for potential clients. Despite both brokers not being publicly traded or banks, DooPrime's Tier-1 licenses offer stronger assurance of security and trustworthiness compared to IUX.
| Feature |
DooPrime
|
IUX
|
|---|---|---|
| Year Founded | 2014 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 0 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 1 |
DooPrime is rated 3 out of 5 stars for commissions and fees, placing it 59th out of 63 brokers, according to ForexBrokers.com. Unfortunately, specific data on average spreads at DooPrime is unavailable. This limits a comprehensive comparison with competitors, as average spread information can be a key component when assessing overall trading costs. Potential clients might need to delve deeper into other cost structures like commissions or fees for a clearer picture of the overall expenses associated with trading on DooPrime.
IUX, with a 4 out of 5-star rating for commissions and fees, holds the 49th position among 63 brokers. IUX caters to a range of traders with its varied account types, which include both spread-only and commission-based accounts. The Standard accounts are accessible with a low $10 minimum deposit, with the Standard+ account offering promotional deposits but featuring wider spreads. For those who engage in more frequent trading, the Raw and Pro accounts require a $500 minimum deposit, with the Raw account featuring the lowest spreads accompanied by a commission of $6 per 100,000 units traded. The Pro account, in contrast, offers a spread-only structure with competitive spread options.
Comparatively, while IUX presents an attractive pricing model particularly with its Pro account, it is essential for potential traders to consider the balance between spreads, commissions, and deposit requirements. While its pricing structure is competitive, IUX may not be the lowest-cost leader in the industry, but it provides valuable options, especially for active traders who can benefit from its account diversity and cost-effectiveness.
| Feature |
DooPrime
|
IUX
|
|---|---|---|
| Minimum Deposit | $100 | 10 |
| Average Spread EUR/USD - Standard | N/A | 0.9 |
| All-in Cost EUR/USD - Active | N/A | 0.6 |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | 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.
When comparing the range of investments offered by online brokers DooPrime and IUX, it's clear that DooPrime provides a significantly wider array of options. DooPrime boasts an impressive 10,000 tradeable symbols, including 60 forex pairs. They offer both forex trading as a CFD or spot contract and exchange-traded securities on U.S. and international exchanges, letting you buy stocks like Apple and Vodafone directly. Moreover, DooPrime supports copy trading, ranking them highly among investors seeking variety and flexibility. This wide selection earns DooPrime a 5-star rating for range of investments, standing strong at 12th out of 63 brokers.
In contrast, IUX offers a more limited selection with 152 tradeable symbols and 34 forex pairs, though they also provide forex trading as a CFD or spot contract. IUX extends its range to international exchange-traded securities but does not include options for purchasing U.S. exchange stocks or supporting copy trading. While IUX enables the purchase of cryptocurrency derivatives, their overall range of investments earns them a 3.5-star rating. Consequently, they are ranked 60th out of 63 brokers in the Range of Investments category, highlighting that while they have some worthwhile offerings, they might not suffice for those seeking expansive market opportunities.
| Feature |
DooPrime
|
IUX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 152 |
| Forex Pairs (Total) | 60 | 34 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | No | 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.
When comparing the trading platforms and tools of DooPrime and IUX, it's clear that both brokers offer various options to accommodate different trading needs. Both provide the basics such as simulated (paper) trading and proprietary platforms developed in-house, which are compatible across multiple devices including Windows desktop, and web-based browsers. However, DooPrime stands out by offering MetaTrader 4 (MT4), a popular choice among traders, while IUX does not. Both brokers support MetaTrader 5 (MT5), providing advanced trading features and strategies.
Despite these similarities, there are notable differences. DooPrime includes the ability to engage in copy trading, an advantage for those seeking to mirror the trades of more experienced traders. Additionally, DooPrime offers 15 drawing tools, which may appear limited compared to IUX's 89, and has 7 columns for watch lists in contrast to IUX's 46. Ultimately, DooPrime edges out IUX in overall platform and tool satisfaction, earning a rating of 4 stars and a ranking of 25 out of 63 brokers according to ForexBrokers.com, while IUX receives a 3.5-star rating and ranks at 59. These distinctions highlight DooPrime's slightly broader range of features and capabilities that may appeal to dedicated traders.
| Feature |
DooPrime
|
IUX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 106 |
| Charting - Drawing Tools (Total) | 15 | 89 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 46 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both DooPrime and IUX provide mobile trading apps available on iPhone and Android systems, offering users flexibility across devices. However, there are significant differences in features that may influence a trader's choice. DooPrime distinguishes itself by providing timely stock or forex price alerts, an advantage for users keen on staying updated on market shifts. In comparison, IUX lacks this alert feature. When it comes to charting tools, IUX takes the lead with 106 technical studies, overshadowing DooPrime's offering of 30. Both brokers allow users to view various time frames on trading charts and auto-save any drawings. However, while DooPrime's app supports trendline drawing on stock or forex charts, IUX does not.
Both apps let you create watchlists with real-time quotes, yet none supports seamless syncing between mobile and online accounts, requiring manual updates if trading across platforms. User ratings and rankings also reflect differences in user satisfaction. DooPrime's mobile app scores a solid 4 out of 5 stars, compared to IUX's 3.5 stars. According to ForexBrokers.com, DooPrime ranks #25 out of 63 brokers for mobile trading apps, whereas IUX is positioned much lower at #60. These distinctions make DooPrime a preferable choice for traders valuing alerts and ease-of-use, while IUX may appeal to those who prioritize comprehensive charting tools.
| Feature |
DooPrime
|
IUX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 106 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing DooPrime and IUX for market research features, DooPrime stands out with its comprehensive offerings. DooPrime provides daily market commentary and sources forex news from renowned providers like Bloomberg and Reuters, ensuring traders stay informed with quality insights. In contrast, IUX lacks daily commentary and does not source news from top-tier outlets. For technical analysis, DooPrime leverages tools from Trading Central, enhancing traders' ability to make informed decisions, while IUX does not offer these tools. Both platforms provide an economic calendar for keeping track of vital global events, but when it comes to overall research capabilities, DooPrime's richer offerings earn it a higher rating.
Rated 4 stars for research, DooPrime ranks #29 among 63 brokers on ForexBrokers.com, reflecting its superior market insights compared to IUX, which holds a 3-star rating and ranks #59. Neither platform offers research tools from Acuity Trading or sentiment-based trading features. Still, DooPrime's superior news services and analytical tools provide a more complete research package, making it a more attractive option for traders who prioritize staying informed and equipped for market analysis.
| Feature |
DooPrime
|
IUX
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both DooPrime and IUX provide valuable content, but there are some noticeable differences. DooPrime stands out by offering a wide range of resources, including more than ten educational pieces focusing on forex and CFDs, as well as a comprehensive collection of beginner educational videos. These resources make DooPrime a strong contender for newcomers looking to build their trading skills. On the other hand, while IUX also offers an array of beginner videos, it falls short in forex and CFDs education with less content available. Neither broker offers client webinars or a searchable archive of recorded sessions, which is something to keep in mind if you prefer interactive learning or revisiting past webinars.
For those seeking a blend of beginner and advanced resources without interactive webinars, DooPrime takes the lead. It not only covers entry-level topics but also provides advanced educational videos for experienced traders. IUX, in contrast, does not cater as thoroughly to advanced learners. The educational offerings are reflected in their ratings: DooPrime earns a higher score of 4 stars compared to IUX’s 3 stars. Furthermore, DooPrime holds a better educational ranking at 25th place among 63 brokers, whereas IUX stands at 59th. Therefore, for beginners prioritizing a broad range of learning materials, DooPrime appears to provide a more comprehensive educational experience.
| Feature |
DooPrime
|
IUX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that DooPrime is better than IUX. DooPrime finished with an overall rank of #28, while IUX finished with an overall rank of #63.
DooPrime is mainly regulated in the UK, as well as two offshore locations (Vanuatu and Mauritius), and offers 10,000 investment products, and multiple platforms including the full MetaTrader suite, and social copy trading platforms. That said, DooPrime trails behind the best brokers in key categories.
| Feature |
DooPrime
|
IUX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 83 | 69 |
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While both DooPrime and IUX do not provide options for buying actual delivered cryptocurrencies, IUX distinguishes itself by offering the ability to purchase cryptocurrency derivatives, unlike DooPrime.
When comparing the online brokers DooPrime and IUX, both do not offer ACH or SEPA bank transfers for deposits or withdrawals, but DooPrime distinguishes itself by providing PayPal as an option, unlike IUX; both platforms allow transactions through Skrill, Visa, Mastercard, and bank wires, enhancing their versatility in payment options.
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 | DooPrime | IUX | |
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| Trust Score | 83 | 69 | |
| Winner | check_circle | ||
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| Broker Screenshots | DooPrime | IUX | |
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| Regulation | DooPrime | IUX | |
|---|---|---|---|
| Trust Score | 83 | 69 | |
| 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 | 4 | 0 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 1 |
| Tier-1 Licenses (Highly Trusted) | DooPrime | IUX | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | 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) | DooPrime | IUX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | DooPrime | IUX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 152 | |
| Forex Pairs (Total) | 60 | 34 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | No | 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 | DooPrime | IUX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 0.9 | |
| All-in Cost EUR/USD - Active | N/A | 0.6 | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | DooPrime | IUX | |
|---|---|---|---|
| Minimum Deposit | $100 | 10 | |
| PayPal (Deposit/Withdraw) | Yes | 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 | DooPrime | IUX | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | DooPrime | IUX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 46 | |
| Charting - Indicators / Studies (Total) | 30 | 106 | |
| Charting - Drawing Tools (Total) | 15 | 89 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | DooPrime | IUX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 106 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | No |
| Research | DooPrime | IUX | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | DooPrime | IUX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | DooPrime | IUX | |
|---|---|---|---|
| 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 |
| Overall | DooPrime | IUX | |
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| Trust Score | 83 | 69 | |
| Winner | check_circle | ||
| Review |
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