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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

FXCM and IUX both earn 4 out of 5 stars for commissions and fees, but they sit at different spots in the rankings: FXCM is #25 of 63 brokers, while IUX is #49 of 63 (ForexBrokers.com). FXCM’s pricing for forex is slightly above the industry average, yet it offers commission-based options and volume discounts. IUX’s pricing is competitive for a smaller broker and offers multiple account types, though it doesn’t beat the lowest-cost leaders; its Pro account is a close contender.

FXCM’s EUR/USD spreads in May 2024 averaged 0.78 pips on its Standard account in the EU, U.K., and Australia, and 1.38 pips via its St. Vincent and the Grenadines entity. Its commission-based accounts averaged a 0.28-pip core spread (excluding commissions), with an effective cost closer to 0.74 pips after adding the commission-equivalent. High-volume traders can tap the Active Trader Rebate Program (not available in the U.K. or EU), with five tiers that pay $5–$25 per million traded if you do at least $10 million per month. As one example, in the U.K. a $25,000 balance and $50 million in monthly volume can bring commissions to $2.50 per side ($5 round turn). Keep in mind spreads can widen during rollover or volatile markets.

IUX ties pricing to account type. Standard and Standard+ need just $10 to start; Standard+ supports deposit bonuses but has wider spreads, while the Standard account offers lower spreads without promos. The Pro and Raw accounts require $500: Pro is spread-only with lower spreads than Standard, and Raw posts the tightest spreads but charges a $6 commission per 100,000 units. For EUR/USD, IUX lists average spreads of 0.9 pips (Standard), 0.7 pips (Pro), and about 0.6 pips on Raw after factoring in the commission. In short, choose IUX for a low minimum and simple spread-only pricing (Standard/Pro) or go Raw if you trade enough to benefit from paying a commission; pick FXCM if you want access to commission-based pricing and potential rebates tied to higher trading volumes.

Feature FXCM logoFXCM
IUX logoIUX
Minimum Deposit info Starts from $50 10
Average spread (EUR/USD) - Standard account info 0.9 info 0.9
All-in Cost EUR/USD - Active info 0.8 info 0.6
Non-wire bank transfer info Yes No
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

FXCM vs IUX: Both online brokers support forex trading (CFD/spot) and offer cryptocurrency CFDs, but neither lets you buy actual crypto. FXCM provides a wider menu with 440 tradeable symbols and 46 forex pairs, compared with IUX’s 152 symbols and 34 pairs. FXCM also supports copy trading, while IUX does not.

For stocks, neither broker allows direct trading of U.S.-listed shares. However, IUX does offer access to some international exchange‑traded shares, whereas FXCM does not. Both earn 3.5 out of 5 stars for Range of Investments, though FXCM ranks higher overall (#48 of 63 brokers) than IUX (#61 of 63). Pick FXCM if you want more markets and copy trading; choose IUX if you need direct access to certain international shares.

Feature FXCM logoFXCM
IUX logoIUX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 440 152
Forex Pairs (Total) info 46 info 34
U.S. Stocks (Shares) info No No
Global Stocks (Non-U.S. Shares) info No Yes
Copy Trading info Yes No
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) 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

FXCM and IUX both check key boxes for platform access and ease of use. Each broker offers a free demo (paper) account, a proprietary platform, a Windows desktop download, and a web-based trading platform. You can place trades directly from charts with both. The main differences show up in third-party tools: FXCM supports MetaTrader 4 and offers copy trading, while IUX supports MetaTrader 5 and does not offer copy trading. If you value MT4 and social-copy features, FXCM stands out; if you prefer MT5, IUX is the fit.

Independent ratings tilt in FXCM’s favor for trading platforms and tools. FXCM is rated 5 stars and ranks #6 out of 63 brokers by ForexBrokers.com, while IUX holds 3.5 stars and ranks #60. In short, FXCM delivers a higher-rated platform lineup with MT4 and copy trading, whereas IUX appeals to traders who want MT5 alongside its in-house platform.

Feature FXCM logoFXCM
IUX logoIUX
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info No Yes
Charting - Indicators / Studies (Total) info 115 106
Charting - Trade From Chart info Yes Yes

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. FXCM stands out for daily use features: it supports price alerts and syncs watchlists with your online account, so changes carry over between devices. IUX lacks both alerts and syncing. For charting, IUX lists more technical studies (106 vs. FXCM’s 59), but FXCM includes handy drawing tools like trendlines, which IUX does not. Both apps auto-save chart drawings.

In independent reviews from ForexBrokers.com, FXCM earns 4.5 out of 5 stars and ranks 16th of 63 brokers for Mobile Trading Apps, while IUX scores 3.5 stars and ranks 61st. If you value alerts, synced watchlists, and drawing tools for stock or forex charts, FXCM is the easier pick. If a larger library of technical indicators is your priority and you can go without alerts and trendlines, IUX may still appeal.

Feature FXCM logoFXCM
IUX logoIUX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes No
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 59 106
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Trendlines Autosave info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

Comparing FXCM vs IUX for market research shows a clear gap in tools and content. FXCM delivers daily market commentary, forex news from top-tier sources like Bloomberg/Reuters/Dow Jones, Trading Central analytics, a sentiment tool showing long/short positioning, TipRanks insights, and an economic calendar. IUX offers an economic calendar but does not provide daily commentary, top-tier news, Trading Central, a sentiment tool, or TipRanks. Neither broker integrates Autochartist or Acuity Trading.

Ratings back up the difference: FXCM earns 4.5 out of 5 stars and ranks #11 of 63 brokers for Research on ForexBrokers.com, while IUX scores 3 stars and ranks #60. If you want in-platform analysis and news to guide trading ideas, FXCM is the stronger choice; if you only need a basic calendar, IUX may suffice.

Feature FXCM logoFXCM
IUX logoIUX
Daily Market Commentary (Articles) info Yes No
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central info Yes No
Client sentiment data info Yes No
TipRanks info Yes No
Acuity Trading info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

For beginner traders comparing education at online brokers, both FXCM and IUX provide forex and CFD education with at least 10 pieces of content. Each offers 10+ beginner-focused videos, making it easy to learn the basics. FXCM goes further with client webinars held at least once a month and 10+ advanced trading videos, helping learners move from beginner to more experienced topics. IUX does not run monthly webinars and does not have 10+ advanced videos, so its learning path is more limited after the basics.

Independent ratings reflect this gap: FXCM scores 4.5 out of 5 stars and ranks #14 out of 63 brokers for Education on ForexBrokers.com, while IUX scores 3 out of 5 stars and ranks #60. If you want beginner lessons plus ongoing webinars and room to grow, FXCM is the stronger choice; if you only need starter videos, IUX covers the essentials.

Feature FXCM logoFXCM
IUX logoIUX
Webinars info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos 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?

Neither FXCM nor IUX allows the purchase of actual delivered cryptocurrencies, but both online brokers offer cryptocurrency CFD trading.

What funding options does each broker offer?

In a deposit and withdrawal methods comparison of online brokers FXCM and IUX, FXCM supports ACH/SEPA transfers and PayPal (which IUX lacks), while both brokers accept Skrill and bank wire transfers.

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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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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 IUX Review
Broker Screenshots FXCM IUX
Broker Gallery (click to expand) info
FXCM mobile app watchlist. FXCM web platform. FXCM research web articles market analysis. FXCM education articles
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 (FSA 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) FXCM IUX
Kenya (CMA Authorised) info No
Israel (ISA Authorised) info Yes 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 FXCM IUX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 440 152
Forex Pairs (Total) info 46 info 34
U.S. Stocks (Shares) info No No
Global Stocks (Non-U.S. Shares) info No Yes
Copy Trading info Yes No
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) 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 account info 0.9 info 0.9
All-in Cost EUR/USD - Active info 0.8 info 0.6
Inactivity Fee info Yes Yes
Order execution: Agency info Yes No
Order 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
Bank Wire (Deposit/Withdraw) info Yes Yes
Non-wire bank transfer info Yes No
Trading Platforms FXCM IUX
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info No Yes
cTrader info No No
Trading Tools FXCM IUX
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 115 106
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 Price Alerts info Yes No
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 59 106
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Trendlines Autosave info Yes Yes
Mobile Research - Economic Calendar info Yes No
Research FXCM IUX
Daily Market Commentary (Articles) info Yes No
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central info Yes No
TipRanks info Yes No
Client sentiment data info Yes No
Economic Calendar info Yes Yes
Education FXCM IUX
Webinars info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Major Forex Pairs FXCM IUX
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review FXCM Review IUX 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 IUX Review
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