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FP Markets vs IUX 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 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.

FP Markets
4.5/5 Stars Overall
  • Minimum Deposit: $100 AUD
  • Trust Score: 89
  • Tradeable Symbols (Total): 10000
IUX
3.5/5 Stars Overall
  • Minimum Deposit: 10
  • Trust Score: 78
  • Tradeable Symbols (Total): 152

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.

Regulation

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 FP Markets logoFP Markets
IUX logoIUX
Year Founded info 2005 2016
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 2 1
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 1

Fees

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 FP Markets logoFP Markets
IUX logoIUX
Minimum Deposit info $100 AUD 10
Average Spread EUR/USD - Standard info 1.2 info 0.9
All-in Cost EUR/USD - Active info 0.7 info 0.6
Active Trader or VIP Discounts info Yes Yes
ACH or SEPA Transfers info No No
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

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 FP Markets logoFP Markets
IUX logoIUX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 10000 152
Forex Pairs (Total) info 71 34
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No Yes
Social Trading / Copy Trading info Yes No
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info 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.

Trading platforms and tools

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 FP Markets logoFP Markets
IUX logoIUX
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes Yes
DupliTrade info No No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 30 106
Charting - Drawing Tools (Total) info 17 89
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 7 46

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

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 FP Markets logoFP Markets
IUX logoIUX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes No
Watchlist Syncing info No No
Mobile Charting - Indicators / Studies info MetaTrader (Default) 106
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

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 FP Markets logoFP Markets
IUX logoIUX
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes No
Autochartist info Yes No
Trading Central (Recognia) info Yes No
Social Sentiment - Currency Pairs info Yes No
TipRanks info No No
Signal Centre (Acuity Trading) info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

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 FP Markets logoFP Markets
IUX logoIUX
Education (Forex or CFDs) info Yes No
Client Webinars info Yes No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes No

Dive deeper: Best Forex Brokers for Beginners.

Winner

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.

Feature FP Markets logoFP Markets
IUX logoIUX
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Trust Score info 89 78
Range of Investments 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 3.5/5 Stars
Research 4/5 Stars 3/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Education 4/5 Stars 3/5 Stars

FAQs

Can you trade cryptocurrency with FP Markets or IUX?

Both FP Markets and IUX provide the option to trade cryptocurrency derivatives, but neither offers the ability to purchase actual delivered cryptocurrencies.

What funding options does each broker offer?

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.




announcementPlease 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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Compare

0 of 5
Overall Rating FP Markets IUX
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Range of Investments 4.5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Research 4/5 Stars 3/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score info 89 78
Winner check_circle
Review FP Markets Review IUX Review
Broker Screenshots FP Markets IUX
Broker Gallery (click to expand) info
Regulation FP Markets IUX
Trust Score info 89 78
Year Founded info 2005 2016
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No
Tier-1 Licenses info 2 1
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 1
Tier-1 Licenses (Highly Trusted) FP Markets IUX
Australia (ASIC Authorised) info Yes Yes
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info No
United Kingdom (U.K.) (FCA Authorised) info No No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No
Tier-2 Licenses (Trusted) FP Markets IUX
Kenya (CMA Authorised) info No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes Yes
UAE (DFSA, FSRA, or SCA Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No
Investments FP Markets IUX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 10000 152
Forex Pairs (Total) info 71 34
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No Yes
Social Trading / Copy Trading info Yes No
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info 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 info 1.2 info 0.9
All-in Cost EUR/USD - Active info 0.7 info 0.6
Active Trader or VIP Discounts info Yes Yes
Inactivity Fee info No Yes
Execution: Agency Broker info No No
Execution: Market Maker info Yes Yes
Funding FP Markets IUX
Minimum Deposit info $100 AUD 10
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No No
Trading Platforms FP Markets IUX
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes Yes
cTrader info Yes No
DupliTrade info No No
ZuluTrade info No No
Trading Tools FP Markets IUX
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 7 46
Charting - Indicators / Studies (Total) info 30 106
Charting - Drawing Tools (Total) info 17 89
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes No
Mobile Trading FP Markets IUX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes No
Mobile Watchlist info Yes Yes
Watchlist Syncing info No No
Mobile Charting - Indicators / Studies info MetaTrader (Default) 106
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Economic Calendar info Yes No
Research FP Markets IUX
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes No
Autochartist info Yes No
Trading Central (Recognia) info Yes No
TipRanks info No No
Social Sentiment - Currency Pairs info Yes No
Economic Calendar info Yes Yes
Education FP Markets IUX
Education (Forex or CFDs) info Yes No
Client Webinars info Yes No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes No
Major Forex Pairs FP Markets IUX
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review FP Markets Review IUX Review
Overall FP Markets IUX
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Range of Investments 4.5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Research 4/5 Stars 3/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score info 89 78
Winner check_circle
Review FP Markets Review IUX Review
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