Written by ForexBrokers.com
In this head to head comparison of FP 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.
FP Markets vs IUX: FP Markets (founded 2005) and IUX (founded 2016) are online brokers that are not publicly traded and are not banks. Based on ForexBrokers.com ratings, FP Markets holds a Trust Score of 90/99 (highly trusted), while IUX scores 76/99 (average risk).
Regulation: FP Markets holds two Tier-1 licenses (highly trusted) and one Tier-2 license (trusted). IUX holds one Tier-1 and one Tier-2 license. In simple terms, FP Markets has a stronger regulatory footprint than IUX, which aligns with the difference in their Trust Scores.
| Feature |
FP Markets
|
IUX
|
|---|---|---|
| Year Founded | 2005 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
FP Markets and IUX both earn 4.5 out of 5 stars for commissions and fees, but FP Markets has the stronger edge on value overall, ranking #11 out of 36 brokers versus IUX at #19 out of 36. FP Markets is especially appealing on its commission-based Raw ECN account, which offers very low spreads and a $6 round-turn commission per standard lot on forex. Its Standard account is less competitive because the spreads are wider, and its Iress platform accounts can add extra platform and data costs unless you qualify for higher-tier pricing or trade enough each month to offset them.
IUX also offers a mix of spread-only and commission-based accounts, giving traders some flexibility depending on how they trade. Its Standard and Standard+ accounts require just a $10 minimum deposit, while the Raw and Pro accounts are aimed at more active traders and require a $500 deposit. The Raw account charges a $6 commission per 100,000 units, while the Pro account is spread-only and can be a good middle ground for traders who want lower spreads without paying commission.
Overall, FP Markets is the better pick for traders focused on getting the lowest possible trading costs, especially on its Raw ECN setup. IUX still offers competitive pricing for a smaller broker and may suit traders looking for lower entry requirements on standard accounts, but it does not match FP Markets in overall pricing strength. In short: both are solid, but FP Markets is the better-known low-cost option.
| Feature |
FP 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 | 0.9 | 0.6 |
| Non-wire bank transfer (Deposit/Withdraw) | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
FP Markets offers a wider range of investments than IUX, making it the stronger choice for traders who want more market options in one place. FP Markets provides access to 10,000 tradeable symbols and 71 forex pairs, while IUX offers 152 symbols and 34 forex pairs. Both brokers support forex trading as CFDs or spot contracts, and both offer cryptocurrency CFDs, but neither lets clients buy actual crypto or U.S.-listed exchange traded securities directly.
There are also a few key differences outside forex and crypto. FP Markets includes copy trading, while IUX does not. On the other hand, IUX does offer exchange traded securities on international exchanges, such as shares listed outside the U.S., which FP Markets does not. Overall, FP Markets scores higher for range of investments with 4.5 out of 5 stars and ranks #17 out of 36 brokers, compared with IUX at 3.5 stars and #38.
| Feature |
FP Markets
|
IUX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 152 |
| Forex Pairs (Total) | 71 | 34 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | 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.
FP Markets and IUX both give traders a wide range of platform choices, including free demo accounts for practice, a proprietary platform, desktop apps for Windows, web-based access, MetaTrader 5, and the ability to trade directly from charts. Both brokers also support chart-based trading tools, making it easier to place and manage trades without leaving the chart view. In this area, the two are quite similar for everyday trading needs.
The main differences are that FP Markets also offers MetaTrader 4 and copy trading, while IUX does not offer those features. That extra flexibility helps FP Markets stand out for traders who want more platform options and social trading tools. This is reflected in ForexBrokers.com’s ratings and rankings, where FP Markets scores 4 out of 5 stars and ranks #22 out of 36, compared with IUX at 3.5 stars and #38 out of 36 for trading platforms and tools.
| Feature |
FP Markets
|
IUX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | 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) | 30 | 106 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FP Markets and IUX both give traders mobile access through iPhone and Android apps, so either choice lets you manage trades on the go. FP Markets has an edge for day-to-day usability because it includes price alerts, lets users draw trendlines on charts, and saves those drawings automatically. IUX also supports chart drawing auto-save and offers 106 technical studies, which may appeal to traders who rely heavily on chart analysis, but it does not offer price alerts or trendline drawing in the app.
In overall mobile trading app quality, FP Markets comes out ahead with a 4-star rating and a ForexBrokers.com ranking of #20 out of 36 brokers, compared with IUX at 3.5 stars and #38. Neither broker offers watchlist syncing between the mobile app and online account, so watchlists do not carry over automatically. If you want a simpler app with stronger mobile trading tools and alerts, FP Markets has the better mobile experience; if chart study count matters more, IUX may still be worth a look.
| Feature |
FP Markets
|
IUX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | No |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 106 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
FP Markets has a much wider range of market research tools than IUX, which can matter a lot for traders who want more than just price charts. FP Markets offers daily market commentary, forex news from major sources like Bloomberg, Reuters, and Dow Jones, plus tools from Autochartist and Trading Central. It also includes a sentiment tool that shows the balance of long and short positions across markets. IUX does provide an economic calendar, but it does not offer daily commentary, top-tier news feeds, or the added research tools available at FP Markets.
As a result, FP Markets is the stronger choice for research overall. It is rated 4 out of 5 stars for Research and ranks #22 out of 36 brokers in the ForexBrokers.com Research category, while IUX is rated 3 out of 5 stars and ranks #37. For traders who want more market insight before placing trades, FP Markets offers the deeper research setup.
| Feature |
FP Markets
|
IUX
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central | Yes | No |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to learning support for beginners, FP Markets comes out ahead of IUX. FP Markets offers forex and CFD education, hosts monthly educational webinars, and provides at least 10 beginner videos as well as 10 advanced videos, giving new traders and more experienced users a wider range of material to learn from. This is reflected in its 4-star Education rating and #21 ranking out of 36 brokers by ForexBrokers.com. IUX also offers at least 10 beginner videos and has forex or CFD education available, but it does not offer monthly webinars and does not provide at least 10 advanced educational videos. As a result, its Education score is lower at 3 stars, with a ranking of #38 out of 36 brokers.
For beginners who want more guided learning, FP Markets is the stronger choice overall. Its mix of articles, videos, and regular webinars makes it easier for new traders to build basic knowledge step by step. IUX still gives beginners some useful starting material, but it offers fewer learning options and less support for traders who want to keep growing beyond the basics.
| Feature |
FP 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 FP Markets is better than IUX. FP Markets finished with an overall rank of #19, while IUX finished with an overall rank of #38.
FP Markets shines as a low-cost broker for trading forex and CFDs – as long as you use the MetaTrader platform. The Iress platform suite offers well over 10,000 tradeable symbols, but it’s mostly a share trading platform – and is generally a much pricier option.
| Feature |
FP Markets
|
IUX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 90 | 76 |
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FP Markets and IUX do not support buying actual (delivered) cryptocurrency, but both online brokers offer cryptocurrency CFD trading.
When comparing online brokers FP Markets vs IUX for funding and withdrawals: neither supports ACH or SEPA; FP Markets supports PayPal while IUX does not; both support Skrill and bank wires; Visa/Mastercard availability is not specified for either broker.
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 | FP Markets | IUX | |
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| Trust Score | 90 | 76 | |
| Winner | check_circle | ||
| Review | FP Markets Review | IUX Review |
| Broker Screenshots | FP Markets | IUX | |
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| Regulation | FP Markets | IUX | |
|---|---|---|---|
| Trust Score | 90 | 76 | |
| Year Founded | 2005 | 2016 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | FP Markets | IUX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | 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) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | FP Markets | IUX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | FP Markets | IUX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 152 | |
| Forex Pairs (Total) | 71 | 34 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | 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 | FP Markets | IUX | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | 1.3 | 0.86 | |
| All-in Cost EUR/USD - Raw spread account | 0.9 | 0.6 | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | FP Markets | IUX | |
|---|---|---|---|
| Minimum Deposit | $0 | $50 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | No | No |
| Trading Platforms | FP Markets | IUX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | 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 | FP Markets | IUX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 106 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | FP Markets | IUX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | No | |
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 106 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | FP Markets | IUX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FP Markets | IUX | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | FP Markets | IUX | |
|---|---|---|---|
| EUR/USD | Yes | Yes | |
| Review | FP Markets Review | IUX Review |
| Overall | FP Markets | IUX | |
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| Trust Score | 90 | 76 | |
| Winner | check_circle | ||
| Review | FP Markets Review | IUX Review |
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