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FXOpen vs IUX 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of FXOpen vs IUX, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

FXOpen
3.5/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 76
  • Tradeable Symbols (Total): 87
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

FXOpen and IUX are notable online brokers, each with distinct regulatory features that potential traders might want to consider. Founded in 2003, FXOpen is considerably more established than IUX, which was founded in 2016. Neither broker is publicly traded or operates as a bank. When it comes to regulations, FXOpen holds 2 Tier-1 licenses, which contribute to a ForexBrokers.com Trust Score of 76, indicating an average risk company. In contrast, IUX holds 1 Tier-1 and 1 Tier-2 license, which combine for a slightly higher Trust Score of 78, also placing it in the average risk category.

Both brokers have strengths in different regulatory aspects, making them attractive to various traders' needs. FXOpen's longer history might give it a legacy appeal, while IUX's blend of Tier-1 and Tier-2 licenses may offer a broader regulatory coverage, depending on how a trader assesses risk. Overall, traders should consider these factors alongside other elements like trading options and user experience when choosing between these two brokers.

Feature FXOpen logoFXOpen
IUX logoIUX
Year Founded info 2003 2016
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 2 1
Tier-2 Licenses info 0 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 1

Fees

When comparing FXOpen and IUX, both brokers earn a four-star rating for their commissions and fees, though they each occupy different positions in industry rankings. FXOpen is ranked 45th out of 63 brokers by ForexBrokers.com for its commission and fee structure, while IUX is ranked slightly lower at 49th. However, for FXOpen, average spread data is not available, making direct comparisons for average trading costs slightly challenging.

IUX, on the other hand, structures its pricing based on account type, offering flexibility depending on the trader's activity level. Standard accounts require a minimal $10 deposit, with Standard+ accounts offering promotional bonuses but wider spreads compared to the regular Standard account. For active traders, IUX provides Raw and Pro accounts, each with a $500 minimum deposit. The Raw account offers lower spreads with a $6 commission per 100,000 units traded, while the Pro account is spread-only with average spreads of 0.7 pips, making it a competitive option.

Overall, IUX's pricing remains competitive, albeit not class-leading, allowing traders to consider the balance between spreads, commissions, and initial deposit requirements. Both brokers maintain a strong reputation for competitive pricing structures, which prospective traders should pair with their individual trading needs to make the best choice. In conclusion, while both FXOpen and IUX offer four-star service in fees, IUX provides more nuanced options tailored to different trading styles.

Feature FXOpen logoFXOpen
IUX logoIUX
Minimum Deposit info $100 10
Average Spread EUR/USD - Standard info N/A info 0.9
All-in Cost EUR/USD - Active info N/A info 0.6
Active Trader or VIP Discounts info Yes Yes
ACH or SEPA Transfers info No No
PayPal (Deposit/Withdraw) info No 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

Comparing FXOpen vs IUX for range of investments: both brokers let you trade forex via CFDs or spot contracts. IUX offers a wider selection overall, with 152 tradeable symbols and 34 forex pairs, versus FXOpen’s 87 symbols and 25 pairs. Neither broker lets you buy U.S.-listed shares directly, but IUX does offer access to exchange-traded securities on some international exchanges (non-CFD), while FXOpen does not.

Feature-wise, FXOpen supports copy trading, while IUX does not. Both allow trading cryptocurrency derivatives but neither lets you buy actual crypto. For range of investments, FXOpen is rated 3.0 stars and ranks 63rd out of 63 brokers, while IUX earns 3.5 stars and ranks 61st, according to ForexBrokers.com.

Feature FXOpen logoFXOpen
IUX logoIUX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 87 152
Forex Pairs (Total) info 25 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

Dive deeper: Best Copy Trading Platforms.

Trading platforms and tools

FXOpen and IUX both offer free demo accounts and let you trade on the web and on Windows desktop. The key split: IUX adds its own proprietary platform, while FXOpen uses third-party platforms. If you want MetaTrader, FXOpen supports both MT4 and MT5, while IUX supports MT5 only. Copy trading is available at FXOpen (including ZuluTrade), but not at IUX; neither broker supports DupliTrade.

Both brokers let you trade directly from charts. For charting tools, IUX lists 89 drawing tools versus 15 at FXOpen, and IUX watchlists can show up to 46 fields compared with 7 at FXOpen. Indicator counts weren’t provided for either. Overall, FXOpen edges IUX in this category, earning 4.0/5 stars and ranking 54th of 63 brokers, while IUX scores 3.5/5 stars and ranks 60th. If you need MT4 or copy trading, FXOpen is the better fit; if you want a proprietary platform and more drawing tools, IUX stands out.

Feature FXOpen logoFXOpen
IUX logoIUX
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info No 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 Yes No
Charting - Indicators / Studies (Total) info 30 106
Charting - Drawing Tools (Total) info 15 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

FXOpen and IUX both offer iPhone and Android trading apps. Each app supports real-time quote watchlists and multiple chart time frames. FXOpen includes price alerts, while IUX does not. Neither app syncs watchlist symbols with the web platform. Based on ForexBrokers.com, FXOpen earns 4 stars and ranks 55th out of 63 for Mobile Trading Apps, while IUX earns 3.5 stars and ranks 61st.

For charting, IUX provides 106 technical studies compared to 30 at FXOpen. FXOpen lets you draw trendlines on charts, which IUX lacks, but IUX auto-saves drawings and FXOpen does not. Choose IUX if you want a bigger set of indicators and autosaving; pick FXOpen for price alerts and on-chart trendline drawing from your phone.

Feature FXOpen logoFXOpen
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 30 106
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

Comparing FXOpen vs IUX for market research, FXOpen comes out ahead on day-to-day insights. FXOpen provides daily market commentary and delivers forex news from top-tier sources such as Bloomberg, Reuters, and Dow Jones, while IUX offers neither. Both brokers lack integrations with Autochartist and Trading Central, and neither includes a sentiment tool that shows the ratio of long and short positions. Access to TipRanks and Acuity Trading tools isn’t specified for FXOpen, whereas IUX does not offer them. On the plus side, both FXOpen and IUX include an economic calendar to track upcoming events.

In terms of scores, FXOpen and IUX each earn 3 stars for research overall. However, ForexBrokers.com ranks IUX higher at #60 compared to FXOpen at #64, suggesting IUX edges out FXOpen in the broader lineup despite their similar star ratings.

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

Dive deeper: Best Brokers for Forex Research.

Beginners and education

FXOpen vs IUX for beginners: both brokers have limited forex and CFD education. Neither offers a full library of 10+ educational pieces, monthly client webinars, or a searchable archive of past webinars. IUX stands out slightly for newcomers with at least 10 beginner trading videos, while FXOpen counters with an investor dictionary covering 50+ terms. For overall Education, both are rated 3/5 stars; in category rankings, FXOpen is #59 out of 63 brokers and IUX is #60.

If you learn best through videos, IUX’s beginner-focused clips may be more helpful. If you prefer looking up terms as you go, FXOpen’s glossary can make early learning easier. Neither broker offers extensive advanced video content or live educational events, so motivated beginners may want to supplement with third-party courses, guides, or webinars.

Feature FXOpen logoFXOpen
IUX logoIUX
Education (Forex or CFDs) info No No
Client Webinars info No No
Client Webinars (Archived) info No No
Videos - Beginner Trading Videos info No Yes
Videos - Advanced Trading Videos info No 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 FXOpen is better than IUX. FXOpen finished with an overall rank of #54, while IUX finished with an overall rank of #55.

FXOpen is a long standing MetaTrader broker with a narrow offering and few benefits beyond a standard MetaTrader experience coupled with social-trading platforms ZuluTrade and Myfxbook.

Feature FXOpen logoFXOpen
IUX logoIUX
Overall Rating info 3.5/5 Stars 3.5/5 Stars
Trust Score info 76 78
Range of Investments 3/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 3.5/5 Stars
Research 3/5 Stars 3/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Education 3/5 Stars 3/5 Stars

FAQs

Can you trade cryptocurrency with FXOpen or IUX?

Both FXOpen and IUX do not provide the option to purchase actual, delivered cryptocurrency, but they both offer the ability to buy cryptocurrency derivatives instead.

What funding options does each broker offer?

Both FXOpen and IUX lack support for ACH, SEPA, and PayPal transfers for account funding and withdrawals, but they both allow transactions via Skrill, Visa, Mastercard, and bank wires.




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 FXOpen IUX
Overall Rating info 3.5/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Range of Investments 3/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Research 3/5 Stars 3/5 Stars
Education 3/5 Stars 3/5 Stars
Trust Score info 76 78
Winner check_circle
Review IUX Review
Broker Screenshots FXOpen IUX
Broker Gallery (click to expand) info
Regulation FXOpen IUX
Trust Score info 76 78
Year Founded info 2003 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 0 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 1
Tier-1 Licenses (Highly Trusted) FXOpen IUX
Australia (ASIC Authorised) info No 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 Yes 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) FXOpen IUX
Kenya (CMA Authorised) info No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No Yes
UAE (DFSA, FSRA, or SCA Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No
Investments FXOpen IUX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 87 152
Forex Pairs (Total) info 25 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
Cost FXOpen IUX
Average Spread EUR/USD - Standard info N/A info 0.9
All-in Cost EUR/USD - Active info N/A info 0.6
Active Trader or VIP Discounts info Yes Yes
Inactivity Fee info Yes Yes
Execution: Agency Broker info Yes No
Execution: Market Maker info Yes Yes
Funding FXOpen IUX
Minimum Deposit info $100 10
PayPal (Deposit/Withdraw) info No 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 FXOpen IUX
Proprietary Platform info No 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 No No
DupliTrade info No No
ZuluTrade info Yes No
Trading Tools FXOpen 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 15 89
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes No
Mobile Trading FXOpen 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 30 106
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No Yes
Mobile Economic Calendar info Yes No
Research FXOpen IUX
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central (Recognia) info No No
TipRanks info No
Social Sentiment - Currency Pairs info No No
Economic Calendar info Yes Yes
Education FXOpen IUX
Education (Forex or CFDs) info No No
Client Webinars info No No
Client Webinars (Archived) info No No
Videos - Beginner Trading Videos info No Yes
Videos - Advanced Trading Videos info No No
Investor Dictionary (Glossary) info Yes No
Major Forex Pairs FXOpen 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 IUX Review
Overall FXOpen IUX
Overall Rating info 3.5/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Range of Investments 3/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Research 3/5 Stars 3/5 Stars
Education 3/5 Stars 3/5 Stars
Trust Score info 76 78
Winner check_circle
Review IUX Review
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