FP Markets vs IUX 2025
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.
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.
When comparing the online brokers FP Markets and IUX, key differences arise in their founding years and regulatory credentials. Established in 2005, FP Markets holds two Tier-1 licenses and one Tier-2 license, indicating a firm regulatory backing. On the other hand, IUX, founded in 2016, possesses one Tier-1 and one Tier-2 license. Neither FP Markets nor IUX are publicly traded or operate as banks, but in terms of trust, according to ForexBrokers.com, FP Markets scores an 89, categorizing it as trusted, while IUX has a score of 78, placing it in the average risk bracket.
The regulatory environment and trust score differences are significant for potential investors. FP Markets benefits from a longer market presence and a higher trust rating. While both companies share similar licensing at the Tier-2 level, FP Markets' additional Tier-1 license may offer added assurance to users. These factors could be critical for traders evaluating their options in online brokerage services.
Feature |
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|
---|---|---|
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 |
When examining the commissions and fees offered by FP Markets and IUX, FP Markets stands out as the more cost-effective choice, especially for those utilizing their MetaTrader and cTrader platforms. Recognized as Best in Class for Commissions and Fees in the 2024 Annual Awards, FP Markets excels with its ECN account, boasting low spreads averaging 0.1 pips. However, their Iress platform may require higher balances to avoid additional fees. FP Markets has a five-star rating and ranks 6th out of 63 brokers, reflecting its strong competitiveness.
On the other hand, IUX offers multiple account options catering to different trading needs. Their Standard and Standard+ accounts are accessible with a low $10 minimum deposit, though the spreads are wider on the Standard+ account. For more active traders, the Raw and Pro accounts require a $500 deposit, with the Raw account offering the tightest spreads but adding a $6 commission per standard lot. With spreads as low as 0.6 pips on their Raw account, IUX provides appealing pricing; however, it does not match the lowest industry leaders. IUX receives a four-star rating and ranks 49th, indicating it is less dominant in pricing compared to FP Markets.
In summary, while both FP Markets and IUX offer competitive pricing structures, FP Markets takes the lead with an impressive combination of low-cost trading options and high market rankings. For traders focusing on minimizing trading costs, FP Markets’ variety of platforms and aggressive pricing present a compelling choice, especially with an Iress ViewPoint account for those who can meet the higher deposit demands. Meanwhile, IUX serves as a viable option for those seeking flexibility in deposit requirements and platform features, though it generally trails behind FP Markets in overall commission and fee value.
Feature |
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Minimum Deposit | $100 AUD | 10 |
Average Spread EUR/USD - Standard | 1.2 | 0.9 |
All-in Cost EUR/USD - Active | 0.7 | 0.6 |
Active Trader or VIP Discounts | Yes | 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.
FP Markets offers a much wider range of investments than IUX, with 10,000 tradeable symbols and 71 forex pairs versus IUX’s 152 symbols and 34 pairs. Both let you trade forex as CFDs and/or spot. For shares, neither broker offers exchange-traded U.S. stocks, but IUX does provide exchange-traded access to some international markets, while FP Markets does not. FP Markets supports copy trading; IUX does not. When it comes to crypto, neither broker lets you buy real coins, but both offer cryptocurrency derivatives.
In ForexBrokers.com’s Range of Investments category, FP Markets is rated 4.5/5 stars and ranks #19 out of 63 brokers, while IUX is rated 3.5/5 stars and ranks #61. If you want the most variety, especially in forex pairs and overall symbols plus copy trading, FP Markets is the stronger pick. If you specifically need exchange-traded access to certain international shares, consider IUX.
Feature |
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Forex Trading (Spot or CFDs) | Yes | Yes |
Tradeable Symbols (Total) | 10000 | 152 |
Forex Pairs (Total) | 71 | 34 |
U.S. Stock Trading (Non CFD) | No | No |
Int'l Stock Trading (Non CFD) | No | Yes |
Social Trading / Copy Trading | Yes | 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.
FP Markets and IUX both offer free demo accounts and proprietary platforms, available on Windows desktop and in the browser. Traders can place orders directly from charts with either broker. The key differences are platform access and social features: FP Markets supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while IUX offers MT5 only. FP Markets also includes copy trading, whereas IUX does not. Neither broker integrates with DupliTrade or ZuluTrade.
When it comes to charting and workspace tools, IUX provides many more drawing tools (89 vs 17 at FP Markets) and a far richer watchlist setup (46 fields vs 7). Even so, ForexBrokers.com rates FP Markets higher for Trading Platforms and Tools at 4 stars and ranks it 23rd out of 63 brokers, compared with IUX at 3.5 stars and 60th. If you want MT4 and copy trading, FP Markets is the better fit; if you prefer extensive drawing tools and detailed watchlists, IUX has the edge.
Feature |
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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) | 17 | 89 |
Charting - Trade From Chart | Yes | Yes |
Watchlists - Total Fields | 7 | 46 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FP Markets and IUX both offer iPhone and Android mobile trading apps. Each app lets you build watchlists with real-time quotes, but neither syncs watchlist symbols with the web platform. FP Markets includes price alerts, while IUX does not. Based on testing by ForexBrokers.com, FP Markets earns 4 stars and ranks 18th out of 63 brokers for Mobile Trading Apps; IUX scores 3.5 stars and ranks 61st.
On charts, both apps support multiple time frames and auto-save your annotations. FP Markets uses MetaTrader by default and allows drawing trendlines; IUX offers 106 built-in technical studies but does not support trendline drawing. If you need alerts and trendline tools on mobile, FP Markets is the better fit; if you want a larger set of indicators, IUX stands out, provided you can live without alerts or synced watchlists.
Feature |
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Android App | Yes | Yes |
Apple iOS App | Yes | Yes |
Mobile Alerts - Basic Fields | Yes | No |
Watchlist Syncing | No | No |
Mobile Charting - Indicators / Studies | MetaTrader (Default) | 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.
FP Markets offers more built-in market research than IUX. It earns 4 out of 5 stars for Research and ranks #25 out of 63 brokers on ForexBrokers.com, while IUX holds 3 stars and ranks #60. Traders comparing FP Markets vs IUX will find that FP Markets provides a deeper set of tools and news to support decision-making.
FP Markets includes daily market commentary, top-tier forex news feeds (e.g., from Bloomberg, Reuters, or Dow Jones), Autochartist scanners, Trading Central analytics, and a sentiment tool showing long/short ratios—features IUX does not provide. Both brokers offer an economic calendar, and neither integrates TipRanks or Acuity Trading. If research tools and timely news matter to you, FP Markets delivers a more complete package, while IUX covers the basics with its calendar.
Feature |
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Daily Market Commentary | Yes | No |
Forex News (Top-Tier Sources) | Yes | No |
Autochartist | Yes | 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.
Comparing FP Markets vs IUX for beginner education, FP Markets clearly offers a wider learning path. FP Markets provides a full forex and CFD education library with at least 10+ articles and videos, runs client webinars every month, and keeps a searchable archive of past sessions. Beginners get 10+ starter videos plus 10+ advanced videos for when skills grow, and there’s an investor dictionary with 50+ key terms. IUX offers 10+ beginner videos, but does not provide a broader education library, live webinars, a webinar archive, advanced video lessons, or an investing dictionary.
These differences show up in independent ratings: FP Markets earns 4 stars for Education and ranks #23 out of 63 brokers at ForexBrokers.com, while IUX holds 3 stars and ranks #60. If you want structured forex and CFD education with live and recorded webinars and material you can grow into, FP Markets is the better fit. If you only need a basic set of beginner videos and don’t require webinars or advanced content, IUX may be enough.
Feature |
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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 FP Markets is better than IUX. FP Markets finished with an overall rank of #19, while IUX finished with an overall rank of #55.
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 9,000 tradeable symbols, but it’s mostly a share trading platform – and is generally a much pricier option.
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Overall Rating |
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Trust Score | 89 | 78 |
Range of Investments |
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Research |
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Both FP Markets and IUX provide the option to trade cryptocurrency derivatives, but neither offers the ability to purchase actual delivered cryptocurrencies.
When comparing online brokers FP Markets and IUX, both lack ACH and SEPA transfer options; however, FP Markets supports PayPal for account transactions, unlike IUX, while both brokers accept Skrill, Visa, Mastercard, and bank wire transfers for deposits and withdrawals.
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 5Overall Rating | FP Markets | IUX | |
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Research |
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Trust Score | 89 | 78 | |
Winner | check_circle | ||
Review | FP Markets Review | IUX Review |
Broker Screenshots | FP Markets | IUX | |
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Broker Gallery (click to expand) |
Regulation | FP Markets | IUX | |
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Trust Score | 89 | 78 | |
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 (SFC 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 | |
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Kenya (CMA Authorised) | No | ||
Israel (ISA Authorised) | No | No | |
South Africa (FSCA Authorised) | Yes | Yes | |
UAE (DFSA, FSRA, or SCA 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. Stock Trading (Non CFD) | No | No | |
Int'l Stock Trading (Non CFD) | No | Yes | |
Social Trading / Copy Trading | Yes | 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 | FP Markets | IUX | |
---|---|---|---|
Average Spread EUR/USD - Standard | 1.2 | 0.9 | |
All-in Cost EUR/USD - Active | 0.7 | 0.6 | |
Active Trader or VIP Discounts | Yes | Yes | |
Inactivity Fee | No | Yes | |
Execution: Agency Broker | No | No | |
Execution: Market Maker | Yes | Yes |
Funding | FP Markets | IUX | |
---|---|---|---|
Minimum Deposit | $100 AUD | 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 | FP Markets | 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 | Yes | No | |
DupliTrade | No | No | |
ZuluTrade | No | No |
Trading Tools | FP Markets | 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) | 17 | 89 | |
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 Alerts - Basic Fields | Yes | No | |
Mobile Watchlist | Yes | Yes | |
Watchlist Syncing | No | No | |
Mobile Charting - Indicators / Studies | MetaTrader (Default) | 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 | FP Markets | IUX | |
---|---|---|---|
Daily Market Commentary | Yes | No | |
Forex News (Top-Tier Sources) | Yes | No | |
Autochartist | Yes | No | |
Trading Central (Recognia) | Yes | No | |
TipRanks | No | No | |
Social Sentiment - Currency Pairs | Yes | No | |
Economic Calendar | Yes | Yes |
Education | FP Markets | 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 | FP Markets | 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 | FP Markets Review | IUX Review |
Overall | FP Markets | IUX | |
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Overall Rating |
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Commissions & Fees |
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Range of Investments |
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Mobile Trading |
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Research |
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Education |
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Trust Score | 89 | 78 | |
Winner | check_circle | ||
Review | FP Markets Review | IUX Review |