Written by ForexBrokers.com
In this head to head comparison of FOREX.com 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.
FOREX.com, founded in 1999, is a highly trusted online broker with an outstanding ForexBrokers.com Trust Score of 99 out of 99. Unlike IUX, which began operating in 2016, FOREX.com is publicly traded, lending it additional credibility. Both FOREX.com and IUX are not banks, but trust differs based on regulatory licenses and scores. FOREX.com holds an impressive seven Tier-1 licenses, considered highly trusted, and one Tier-2 license.
By comparison, IUX, which holds one Tier-1 and one Tier-2 license, is rated with a ForexBrokers.com Trust Score of 78, placing it in the average risk category. For people prioritizing trust and regulation, FOREX.com stands out as a safer choice, with a long track record and a strong regulatory framework supporting its operations. Meanwhile, IUX presents a moderate risk, suitable for those who are comfortable with its level of regulation and protection.
| Feature |
FOREX.com
|
IUX
|
|---|---|---|
| Year Founded | 1999 | 2016 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing the commissions and fees of FOREX.com and IUX, both brokers provide distinct advantages depending on your trading strategy. FOREX.com offers a variety of account types, including the Standard and new RAW Spread accounts, which cater to different needs and preferences. While the Standard account, which is available for MetaTrader clients in the U.S., presents higher average spreads of 1.4 pips on the EUR/USD, the RAW account offers a lower average spread of 0.13 pips with a commission of $7 per standard lot. However, unless you trade more than $50 million per month, the all-in costs for their commission account are comparable to the Standard option. FOREX.com scores 4.5 stars for its commissions and fees, securing the 13th rank out of 63 brokers in this category.
IUX provides pricing options that vary by account type, from spread-only accounts to commission-based accounts designed with the active trader in mind. Its Standard and Standard+ accounts require just a $10 deposit, with the Standard account offering lower spreads. For more active traders, the Raw account, with an average spread of 0.6 pips, charges a $6 commission per 100,000 units, while the Pro account provides lower spreads than the Standard without commissions, averaging around 0.7 pips for the EUR/USD. Despite being competitive for a smaller broker, IUX doesn't quite match the most cost-effective leaders in the industry. IUX earns a 4-star rating for commissions and fees, ranking 48th among 63 brokers.
In summary, if you're considering FOREX.com, it's a viable option if you're comfortable with slightly higher costs in the U.S. or if you're looking for reduced spreads outside the U.S. through their RAW account. Conversely, IUX offers a straightforward, competitive pricing structure for smaller-scale traders, with a variety of accounts that cater to different preferences. The choice ultimately hinges on your specific trading volume and platform requirements.
| Feature |
FOREX.com
|
IUX
|
|---|---|---|
| Minimum Deposit | $100 | 10 |
| Average Spread EUR/USD - Standard | 1.4 | 0.9 |
| All-in Cost EUR/USD - Active | 0.9 | 0.6 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | No | 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 FOREX.com and IUX, distinct differences become apparent. FOREX.com stands out with an impressive 5,500 tradable symbols and 80 forex pairs, providing traders with a comprehensive selection to choose from. This extensive range contributes to its high ranking of #7 out of 63 brokers by ForexBrokers.com. In contrast, IUX offers a more limited scope with only 152 tradable symbols and 34 forex pairs, earning it a #60 ranking by the same source.
Neither FOREX.com nor IUX allows clients to directly purchase exchange-traded securities on U.S. exchanges; however, IUX does provide the option to buy shares on international exchanges, such as Vodafone stock on the London Stock Exchange. Both brokers offer the ability to trade cryptocurrency derivatives, yet neither facilitates the purchase of actual cryptocurrency. Neither platform supports copy trading. While FOREX.com earns a full five-star rating for its range of investments, IUX receives a 3.5-star rating, reflecting the broader selection and higher ranking associated with FOREX.com.
| Feature |
FOREX.com
|
IUX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 152 |
| Forex Pairs (Total) | 80 | 34 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | No | No |
| 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.
When comparing the trading platforms of FOREX.com and IUX, both brokers offer free virtual demo accounts and proprietary platforms. They also support Windows-based desktop downloads and web-based trading to provide flexibility in how traders access their accounts. However, while FOREX.com integrates both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), IUX exclusively supports MT5, potentially limiting traders who prefer the older MT4 option. Neither platform supports copying trades or features through services like DupliTrade or ZuluTrade, which might be a consideration for those interested in these strategies.
FOREX.com shines with an impressive offering of 239 drawing tools for charting, compared to IUX's 89, indicating more detailed technical analysis capabilities. While both allow trading directly from the stock chart, FOREX.com again outpaces IUX with more watchlist customization, offering 20 fields compared to IUX's 46. FOREX.com is highly rated with 5 stars and ranks #7 out of 63 brokers for its trading platforms and tools, highlighting its appeal for serious traders. Conversely, IUX holds a 3.5-star rating and sits at position #59, suggesting there is room for improvement compared to its higher-ranked peer.
| Feature |
FOREX.com
|
IUX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 88 | 106 |
| Charting - Drawing Tools (Total) | 239 | 89 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 20 | 46 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both FOREX.com and IUX offer capabilities for iPhone and Android users. However, there are notable differences that might influence your decision. FOREX.com provides features like stock and forex price alerts and watchlist symbol syncing, which ensures that changes made on the mobile app reflect on your online account and vice versa. In contrast, IUX lacks both these features, which might be a consideration for traders seeking seamless integration between devices.
Technical traders might find IUX appealing due to its offering of 106 technical studies for charting, compared to FOREX.com's 88; however, FOREX.com allows users to draw trendlines on charts—a feature missing in IUX. Both apps support viewing multiple time frames and auto save chart drawings, which are essential for in-depth market analysis. Despite some of its limitations, FOREX.com boasts a 5-star rating for its mobile trading app, ranking it third among 63 brokers, whereas IUX trails noticeably with a 3.5-star rating and a 60th place finish in the same category, suggesting a more favorable user experience with FOREX.com.
| Feature |
FOREX.com
|
IUX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 88 | 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.
FOREX.com and IUX offer different levels of market research services, which can influence a trader's decision when choosing a broker. FOREX.com comes with daily market commentary and forex news from reputable sources like Bloomberg and Reuters, providing traders with timely insights into the market movements. IUX, on the other hand, lacks these daily updates. Additionally, FOREX.com offers tools for technical analysis via Trading Central, which can help traders make informed decisions, while IUX lacks such partnerships.
For traders looking for sentiment analysis, FOREX.com provides a tool to display the ratio of long and short positions across currency pairs, something that IUX does not currently offer. Both brokers provide an economic calendar to track global news events; however, FOREX.com's research offering is considered superior, earning it a 4.5-star rating versus IUX's 3 stars. This distinction in research capabilities is reflected in their rankings, with FOREX.com being rated 9th out of 63 brokers on ForexBrokers.com, significantly outperforming IUX, which sits at 59th.
| Feature |
FOREX.com
|
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 | Yes | 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, FOREX.com offers a rich selection that is designed to help new traders understand the ins and outs of forex and CFDs trading. It provides more than 10 educational materials including articles, videos, and webinars. Additionally, FOREX.com hosts monthly live webinars, which are also available in a searchable archive for clients to access at their convenience. Beginners can benefit from at least 10 videos specifically crafted for their learning needs, and even advanced traders have a wide range of educational content available. FOREX.com also includes a useful investor dictionary, offering clear definitions for more than 50 trading terms, making it easier to digest the complex language of trading.
In contrast, IUX has limited educational resources for beginner traders, offering fewer than 10 educational pieces on forex and CFDs. While it does provide beginner educational videos, it lacks advanced trading content. IUX does not conduct monthly webinars for its clients, nor does it offer a searchable archive of previous sessions, which can be a drawback for learners who prefer diverse educational formats. Furthermore, IUX does not feature an investor dictionary, which can be a limitation for newbies trying to grasp trading terminology. These differences are reflected in their educational ratings, with FOREX.com receiving 4.5 stars and ranking 4th out of 63 brokers in the education category, while IUX scores 3 stars, placing it at 59th.
| Feature |
FOREX.com
|
IUX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FOREX.com is better than IUX. FOREX.com finished with an overall rank of #5, while IUX finished with an overall rank of #55.
FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe. It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader.
| Feature |
FOREX.com
|
IUX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 78 |
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Both FOREX.com and IUX do not offer the option to purchase actual (delivered) cryptocurrency, but both platforms provide the ability to buy cryptocurrency derivatives instead.
FOREX.com provides flexible funding options including ACH, SEPA, PayPal, Visa, Mastercard, and bank wires, while IUX offers Skrill, Visa, Mastercard, and bank wires, omitting ACH, SEPA, and PayPal.
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 | FOREX.com | IUX | |
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| Trust Score | 99 | 78 | |
| Winner | check_circle | ||
| Review | FOREX.com Review |
| Broker Screenshots | FOREX.com | IUX | |
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| Regulation | FOREX.com | IUX | |
|---|---|---|---|
| Trust Score | 99 | 78 | |
| Year Founded | 1999 | 2016 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 7 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | FOREX.com | IUX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | FOREX.com | IUX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FOREX.com | IUX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 152 | |
| Forex Pairs (Total) | 80 | 34 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | No | No | |
| 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 | FOREX.com | IUX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.4 | 0.9 | |
| All-in Cost EUR/USD - Active | 0.9 | 0.6 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | FOREX.com | IUX | |
|---|---|---|---|
| Minimum Deposit | $100 | 10 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | FOREX.com | IUX | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FOREX.com | IUX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 20 | 46 | |
| Charting - Indicators / Studies (Total) | 88 | 106 | |
| Charting - Drawing Tools (Total) | 239 | 89 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | FOREX.com | IUX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 88 | 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 | FOREX.com | 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 | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FOREX.com | IUX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | FOREX.com | 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 | FOREX.com Review |
| Overall | FOREX.com | IUX | |
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| Trust Score | 99 | 78 | |
| Winner | check_circle | ||
| Review | FOREX.com Review |
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