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FXCM vs IUX 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

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

FXCM
4.5/5 Stars Overall
  • Minimum Deposit: Starts from $50
  • Trust Score: 95
  • Tradeable Symbols (Total): 440
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

Founded in 1999, FXCM is a well-established online broker with a strong presence in the financial market. It is publicly traded, offering transparency to its clients, and holds 4 Tier-1 licenses, which are highly trusted according to ForexBrokers.com. Additionally, FXCM possesses 2 Tier-2 licenses. With a Trust Score of 95 out of 99, it is considered a highly trusted broker, making it a favored choice for many traders.

In contrast, IUX was established more recently in 2016 and operates without the backing of being publicly traded. This broker holds 1 Tier-1 and 1 Tier-2 license, reflecting a more modest regulatory standing. With a ForexBrokers.com Trust Score of 78, IUX is regarded as an average risk brokerage. While it is a viable option for some traders, its trust rating and regulatory credentials are not as strong as those of FXCM.

Feature FXCM logoFXCM
IUX logoIUX
Year Founded info 1999 2016
Publicly Traded (Listed) info Yes No
Bank info No No
Tier-1 Licenses info 4 1
Tier-2 Licenses info 2 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 1

Fees

When comparing the commissions and fees of online brokers FXCM and IUX, both have distinct pricing structures tailored for different trader needs. FXCM provides forex traders with spreads that are slightly above the industry average. Their standard account spreads on the EUR/USD pair averaged 0.78 pips for their EU, U.K., and Australia offerings, whereas, for their St. Vincent and the Grenadines entity, spreads averaged 1.38 pips. Active traders can potentially receive discounts through FXCM's Active Trader Rebate Program, making its pricing somewhat competitive for large volume traders. In terms of commissions and fees, FXCM garners 4 out of 5 stars and ranks #24 out of 63 brokers as per ForexBrokers.com.

IUX offers varying account types designed to meet different trading styles. The Standard account options, with a minimal deposit requirement of $10, provide lower spreads without bonus promotions. For more active traders, the Raw and Pro accounts require a $500 deposit, with the Raw account boasting the tightest spreads at a small commission cost. The Pro account follows a spread-only model, with an average spread of 0.7 for EUR/USD, making it competitive among similar brokers. With these offerings, IUX also earns a 4 out of 5-star rating in the commissions and fees category but holds the #48 position among 63 brokers in ForexBrokers.com's rankings.

Overall, when considering FXCM and IUX, both brokers deliver reasonable pricing models with their unique selling points. FXCM’s rebate program and slightly higher ranking might appeal to high-volume traders looking for potential cost reductions, while IUX offers flexibility in account types, suiting both beginner and active traders with its diverse options. Carefully considering your trading volume, deposit capabilities, and which pricing model suits your trading style will help you choose the right broker for your needs.

Feature FXCM logoFXCM
IUX logoIUX
Minimum Deposit info Starts from $50 10
Average Spread EUR/USD - Standard info 0.78 info 0.9
All-in Cost EUR/USD - Active info 0.78 info 0.6
Active Trader or VIP Discounts info Yes Yes
ACH or SEPA Transfers info Yes 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

FXCM and IUX both provide access to forex trading, offering currency pairs as contracts for difference (CFDs) or spot contracts. In terms of sheer quantity, FXCM boasts a broader selection with 440 tradeable symbols, including 43 forex pairs, while IUX offers a narrower range of 152 symbols and 34 forex pairs. Neither platform provides options for buying actual shares on U.S. exchanges, such as Apple, and both lack the capability for users to purchase actual cryptocurrencies. However, they both facilitate trading in cryptocurrency derivatives. A notable difference is that FXCM supports copy trading, allowing users to mimic the trades of experienced investors, whereas IUX does not offer this feature.

Despite their similarities and differences, both brokers hold the same rating of 3.5 stars for their range of investment offerings. When it comes to international markets, IUX allows clients to buy shares from international exchanges, like Vodafone in London, whereas FXCM does not. Although ForexBrokers.com ranks FXCM higher at #47 out of 63 brokers for their range of investments compared to IUX's rank at #60, the choice between these two may depend on specific trading needs such as copy trading and access to international exchanges.

Feature FXCM logoFXCM
IUX logoIUX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 440 152
Forex Pairs (Total) info 43 info 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

When comparing FXCM and IUX, both online brokers present unique features in their trading platforms and tools. FXCM stands out with its comprehensive offerings, including a proprietary platform, simulated trading with a demo account, and the popular MetaTrader 4 (MT4) platform. It also supports copy trading and integrates with ZuluTrade, providing an edge for traders interested in social trading. In addition, FXCM allows trading directly from stock charts and offers a moderate selection of 10 drawing tools for charting.

IUX also offers a proprietary platform, along with a free demo account, and supports the newer MetaTrader 5 (MT5). However, it lacks in the copy trading department and does not integrate with ZuluTrade or MetaTrader 4 (MT4). On the positive side, IUX provides a rich array of 89 drawing tools and an extensive watch list customization with 46 columns. Despite these features, FXCM is rated higher with five stars for its trading platforms and tools, ranking 6th out of 63 brokers on ForexBrokers.com, while IUX holds a 3.5-star rating and ranks 59th on the same list.

Feature FXCM logoFXCM
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 No Yes
DupliTrade info No No
ZuluTrade info Yes info No
Charting - Indicators / Studies (Total) info 115 106
Charting - Drawing Tools (Total) info 10 89
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 13 46

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

Forex trading apps

FXCM and IUX both offer mobile trading apps for iPhone and Android devices, but they cater to different trading needs. FXCM’s app stands out with features like price alerts and the ability to sync watchlists with an online account, which are not available with IUX. When it comes to technical charting, IUX offers 106 technical studies, which is more than FXCM’s 59. However, FXCM provides the ability to draw trendlines on charts, a feature absent in the IUX app. Both apps allow users to view multiple time frames and automatically save chart drawings, catering to traders who require detailed technical analysis.

For creating watchlists with real-time quotes, both FXCM and IUX offer this capability in their apps. FXCM, however, receives higher accolades for mobile trading, achieving a 4.5-star rating compared to IUX’s 3.5-star rating. Additionally, FXCM is ranked #16 out of 63 brokers by ForexBrokers.com for mobile trading apps, while IUX is positioned at #60. This suggests that FXCM may provide a more versatile and user-friendly mobile trading experience for those who value advanced features and integration.

Feature FXCM logoFXCM
IUX logoIUX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes No
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 59 106
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

When comparing the market research offerings of FXCM and IUX, FXCM clearly stands out with its extensive suite of tools and resources. FXCM provides daily market commentary and delivers forex news sourced from high-profile entities like Bloomberg, Reuters, and Dow Jones. Additionally, FXCM utilizes advanced technical analysis tools from Trading Central and offers a sentiment-based trading tool, helping traders understand long and short positions across various currency pairs. Market research from TipRanks is also available, enhancing the trader's ability to make informed decisions. They also provide an economic calendar to keep track of key global events. On the other hand, while IUX does offer an economic calendar, it lacks the daily market commentary, top-tier forex news, and advanced research tools that FXCM provides.

Considering these differences, it's no surprise that FXCM has received a 4.5-star rating for its research capabilities compared to IUX's 3-star rating. Furthermore, FXCM's research offerings have earned it an impressive 11th place ranking out of 63 brokers on ForexBrokers.com, while IUX is positioned much lower at 59th place. For traders who prioritize comprehensive market research, FXCM offers a richer selection of tools and resources to aid in successful trading strategies, making it a preferred choice over IUX.

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

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When it comes to educational resources for beginners, FXCM stands out compared to IUX. FXCM provides beginner traders with over 10 educational pieces, such as articles and videos, focusing primarily on forex and CFDs. In addition to this, FXCM hosts monthly online webinars that clients can participate in and offers a searchable archive of previously recorded webinars. These features make it easier for beginners to continuously learn and grow their trading skills at their own pace. IUX, on the other hand, does not offer the same breadth of basic educational resources. While they do provide more than 10 beginner-focused videos, they lack the variety found in FXCM's offerings and do not host educational webinars or maintain a library of past sessions.

FXCM also exceeds IUX in providing educational support for more advanced traders. It offers at least 10 advanced educational videos tailored specifically for experienced traders, while IUX does not include this level of advanced content. Furthermore, FXCM provides an investor dictionary containing over 50 investing terms, a tool especially helpful for those new to trading. Due to these comprehensive educational resources, FXCM has earned a reputable 4.5-star rating for education and is ranked 14th in the education category by ForexBrokers.com, out of 63 brokers. In contrast, IUX holds a 3-star rating and is ranked 59th, indicating a significant gap in educational support for budding traders.

Feature FXCM logoFXCM
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 FXCM is better than IUX. FXCM finished with an overall rank of #15, while IUX finished with an overall rank of #55.

For traders who appreciate advanced trading tools and quality market research, FXCM is a winner, especially for algorithmic trading. Its range of tradeable markets is fairly narrow, however, and the pricing at FXCM is just average.

Feature FXCM logoFXCM
IUX logoIUX
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Trust Score info 95 78
Range of Investments 3.5/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Platforms & Tools 5/5 Stars 3.5/5 Stars
Research 4.5/5 Stars 3/5 Stars
Mobile Trading 4.5/5 Stars 3.5/5 Stars
Education 4/5 Stars 3/5 Stars

FAQs

Can you trade cryptocurrency with FXCM or IUX?

While both FXCM and IUX do not offer the capability to purchase actual delivered cryptocurrency, they each provide options to buy cryptocurrency derivatives.

What funding options does each broker offer?

In a head-to-head comparison of deposit and withdrawal options, FXCM surpasses IUX by offering a wider variety of methods including ACH, SEPA transfers, and PayPal, in addition to shared options like Skrill, Visa, Mastercard, and bank wires, while IUX lacks both ACH, SEPA, and PayPal capabilities.




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 FXCM IUX
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Range of Investments 3.5/5 Stars 3.5/5 Stars
Platforms & Tools 5/5 Stars 3.5/5 Stars
Mobile Trading 4.5/5 Stars 3.5/5 Stars
Research 4.5/5 Stars 3/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score info 95 78
Winner check_circle
Review FXCM Review
Broker Screenshots FXCM IUX
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation FXCM IUX
Trust Score info 95 78
Year Founded info 1999 2016
Publicly Traded (Listed) info Yes No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No
Tier-1 Licenses info 4 1
Tier-2 Licenses info 2 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 1
Tier-1 Licenses (Highly Trusted) FXCM IUX
Australia (ASIC Authorised) info Yes Yes
Canada (CIRO Authorised) info Yes 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 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) FXCM IUX
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info Yes No
South Africa (FSCA Authorised) info Yes Yes
UAE (DFSA/Central Bank Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments FXCM IUX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 440 152
Forex Pairs (Total) info 43 info 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 FXCM IUX
Average Spread EUR/USD - Standard info 0.78 info 0.9
All-in Cost EUR/USD - Active info 0.78 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 FXCM IUX
Minimum Deposit info Starts from $50 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 Yes No
Trading Platforms FXCM 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 No Yes
cTrader info No No
DupliTrade info No No
ZuluTrade info Yes info No
Trading Tools FXCM IUX
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 13 46
Charting - Indicators / Studies (Total) info 115 106
Charting - Drawing Tools (Total) info 10 89
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes No
Mobile Trading FXCM 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 Yes No
Mobile Charting - Indicators / Studies info 59 106
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 FXCM IUX
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central (Recognia) info Yes No
TipRanks info Yes No
Social Sentiment - Currency Pairs info Yes No
Economic Calendar info Yes Yes
Education FXCM 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 FXCM 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 FXCM Review
Overall FXCM IUX
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Range of Investments 3.5/5 Stars 3.5/5 Stars
Platforms & Tools 5/5 Stars 3.5/5 Stars
Mobile Trading 4.5/5 Stars 3.5/5 Stars
Research 4.5/5 Stars 3/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score info 95 78
Winner check_circle
Review FXCM Review
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