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 | $100 AUD | $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.
When comparing FP Markets vs IUX for range of investments, FP Markets comes out ahead with a much wider selection overall. FP Markets offers 10,000 tradeable symbols and 71 forex pairs, while IUX lists 152 tradeable symbols and 34 forex pairs. Both brokers support forex trading as CFDs or spot contracts, and both let clients trade cryptocurrency CFDs rather than actual crypto. Neither broker offers U.S.-listed exchange traded securities, but IUX does offer exchange traded securities on international exchanges, which FP Markets does not.
FP Markets also adds copy trading, giving it another useful option for traders who want to follow others, while IUX does not provide this feature. These differences are reflected in their ratings and rankings: FP Markets is rated 4.5 out of 5 for range of investments and ranks #17 out of 36 brokers, while IUX is rated 3.5 out of 5 and ranks #37. For traders looking for a broader market choice, FP Markets offers the more varied investment lineup.
| 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 plenty of ways to get started, including free demo accounts, in-house platforms, Windows desktop apps, web-based platforms, and MetaTrader 5. Both also let users trade straight from charts, which can make order entry quicker and easier. In this area, the two brokers are similar for the core tools most traders look for when comparing trading platforms.
FP Markets has a clear edge for platform choice and extras because it also supports copy trading and MetaTrader 4, while IUX does not offer either of those options. That advantage is reflected in third-party ratings too: FP Markets scores 4 out of 5 stars for Trading Platforms and Tools and ranks #22 out of 36 brokers, while IUX scores 3.5 out of 5 stars and ranks #37 out of 36. For traders who want more platform variety and social trading features, FP Markets comes out ahead.
| 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 offer mobile trading apps for iPhone and Android, so traders can access their accounts on the go with either broker. FP Markets stands out for its price alerts, which can help users stay on top of market moves, while IUX does not offer this feature. Neither broker provides watchlist symbol syncing between the mobile app and online account, so changes made in one place do not carry over to the other.
When it comes to charting, IUX offers more built-in technical studies in its mobile app, with 106 available, while FP Markets uses the default MetaTrader setup. FP Markets has an edge for chart tools that are easier for active traders to use, since it supports trendline drawing and auto-saves those drawings, while IUX auto-saves drawings but does not support trendline drawing. Overall, FP Markets is rated higher for mobile trading apps at 4 stars and ranks #20 out of 36 brokers, compared with IUX at 3.5 stars and #37.
| 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 beginner-friendly learning, FP Markets has the edge over IUX. FP Markets offers forex and CFD education, monthly educational webinars, and plenty of videos for both new and more experienced traders. It is rated 4 out of 5 stars for Education and is ranked #21 out of 36 brokers by ForexBrokers.com, which points to a stronger learning setup overall. IUX also gives beginners access to at least 10 educational videos, but it does not offer monthly webinars and has fewer advanced learning materials for more experienced traders.
For traders who want a broker with more support as they learn, FP Markets looks like the better choice. IUX can still help beginners get started, but FP Markets provides a wider mix of educational content, including more in-depth videos and regular webinars. That makes FP Markets the more useful option for beginners who want ongoing guidance and a clearer path to building trading knowledge.
| 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 #37.
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 |
|
|
| Trust Score | 90 | 76 |
| Range of Investments |
|
|
| Trading Fees |
|
|
| Trading Platforms |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | FP Markets | IUX | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 90 | 76 | |
| Winner | check_circle | ||
| Review | FP Markets Review | IUX Review |
| Broker Screenshots | FP Markets | IUX | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
| 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 | $100 AUD | $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 Watchlist [DELETED] | |||
| 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 | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | FP Markets Review | IUX Review |
| Overall | FP Markets | IUX | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 90 | 76 | |
| Winner | check_circle | ||
| Review | FP Markets Review | IUX Review |
IG
FOREX.com
CMC Markets
XTB
eToro
Capital.com
AvaTrade
XM
Pepperstone
FP Markets
Tickmill
HFM Markets