Written by ForexBrokers.com
In this head to head comparison of IUX vs FXGT.com, 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.
Comparing the regulatory credentials of IUX and FXGT.com reveals noticeable differences in trust ratings and regulatory standings. IUX, established in 2016, holds a Trust Score of 78 out of 99 on ForexBrokers.com, categorizing it as an average risk broker. It possesses both a Tier-1 and a Tier-2 license, reflecting its compliance with some highly trusted standards. In contrast, FXGT.com, which entered the market in 2019, has a Trust Score of 69, placing it in the high-risk category. Like IUX, FXGT.com also holds one Tier-1 and one Tier-2 license, showcasing its efforts to maintain reputable regulatory standing.
Neither IUX nor FXGT.com are publicly traded or operate as banks, which could be a consideration for potential investors looking for established and transparent financial backing. Despite being newer, FXGT.com lags behind IUX in trust evaluations, which might influence traders seeking more assurance of reliability and security in their trading activities.
| Feature |
IUX
|
FXGT.com
|
|---|---|---|
| Year Founded | 2016 | 2019 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When comparing commissions and fees between online brokers IUX and FXGT.com, several distinctions emerge that can influence trader choice. IUX offers a range of accounts tailored for different trader activity levels. With a Standard account requiring a minimal $10 deposit, traders can access lower spreads with no bonus promotions. For those seeking more active trading, the Raw and Pro accounts—requiring a $500 deposit—offer additional options. The Raw account, suitable for those who prefer low spreads, charges a commission of $6 per standard lot, while the Pro account simplifies the fee structure with spread-only pricing. Notably, IUX’s Pro account stands out with an average spread of 0.7 pips for the EUR/USD pair, placing it among competitive options for low-cost trading. Rated 4 stars, IUX ranks 48th out of 63 brokers for commissions and fees, reflecting its competitive yet slightly middling rank within the industry.
FXGT.com, on the other hand, does not provide specific data on average spreads, which might leave cost-conscious traders with less transparent information. However, its overall rating of 3.5 stars for commissions and fees is respectable, though indicative of slightly higher trading costs compared to some competitors. With a 56th place ranking in ForexBrokers.com's evaluation of 63 brokers, FXGT.com presents itself as a viable option but may not be the first choice for traders keen on minimizing transactional expenses. This broker's fee structure may attract those seeking simplicity, despite less detailed average spread disclosures.
When deciding between IUX and FXGT.com, traders should consider their trading frequency and strategy. IUX provides more detailed account options that cater to diverse trading needs, while FXGT.com maintains broader appeal with simpler yet less transparent pricing. Ultimately, the decision depends on balancing the standout features of IUX’s account types against FXGT.com's straightforward fee approach, recognizing each broker’s relative position within the market rankings for commissions and fees.
| Feature |
IUX
|
FXGT.com
|
|---|---|---|
| Minimum Deposit | 10 | $5 |
| Average Spread EUR/USD - Standard | 0.9 | N/A |
| All-in Cost EUR/USD - Active | 0.6 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investments between online brokers IUX and FXGT.com, it's clear that both platforms have distinct offerings. Both IUX and FXGT.com provide forex trading as CFDs or spot contracts, making them accessible options for forex enthusiasts. However, IUX offers a wider variety of tradeable symbols with 152 options, while FXGT.com provides 117. For those interested in forex pairs, FXGT.com holds the upper hand, offering 53 pairs compared to IUX's 34. Neither platform allows direct purchase of U.S. exchange-traded securities, such as Apple shares, but IUX does stand out by offering access to international stocks like Vodafone from the London Stock Exchange, which FXGT.com does not provide.
For traders interested in copy trading, FXGT.com presents this feature, whereas IUX does not support it. Both brokers offer cryptocurrency derivatives but do not allow the purchase of actual cryptocurrencies. Overall, IUX is rated 3.5 stars for its range of investments, slightly edging out FXGT.com’s 3-star rating. In terms of investment range ranking by ForexBrokers.com, IUX takes the 60th spot out of 63 brokers, just ahead of FXGT.com at 61st. While both serve the needs of forex and derivatives traders, IUX offers a greater variety of international investments, which could be a deciding factor for some investors.
| Feature |
IUX
|
FXGT.com
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 152 | 117 |
| Forex Pairs (Total) | 34 | 53 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | Yes |
| 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.
When comparing the trading platforms and tools of IUX and FXGT.com, both provide simulated trading with free virtual demo accounts, allowing traders to practice without financial risk. IUX stands out with its proprietary platform developed in-house. Both brokers offer Windows-based desktop and web-based trading platforms, but FXGT.com offers the additional advantage of copy trading, which IUX lacks. FXGT.com also supports both MetaTrader 4 and MetaTrader 5, while IUX only supports MetaTrader 5. Neither broker offers trading through DupliTrade or ZuluTrade.
In terms of tools for charting, IUX offers an impressive 89 drawing tools compared to FXGT.com's 23. Both brokers allow trading directly from stock charts. When it comes to watch list customization, IUX provides 46 columns, significantly more than FXGT.com's 5. Despite this, FXGT.com is rated slightly higher with 4 stars compared to IUX's 3.5 stars for trading platforms and tools. In rankings, FXGT.com holds the 56th position out of 63 brokers, narrowly ahead of IUX at 59th.
| Feature |
IUX
|
FXGT.com
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 106 | 37 |
| Charting - Drawing Tools (Total) | 89 | 23 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 46 | 5 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
IUX and FXGT.com both cater to mobile traders by providing iOS and Android apps, ensuring seamless trading experiences across different devices. While both apps allow users to view multiple time frames and create watchlists with real-time quotes, FXGT.com stands out by offering stock or forex price alerts and watchlist symbol syncing capabilities. This allows traders to stay informed of critical price movements and effortlessly sync their watchlists between devices and the web platform. Furthermore, FXGT.com users can draw trendlines on charts, adding a layer of analysis to their trading strategy, a feature that IUX currently lacks.
Regarding charting capabilities, IUX impresses with 106 technical studies available in its mobile app, compared to just 30 provided by FXGT.com. Both platforms enable auto-saving of drawings, ensuring users' customizations are securely kept even when switching between devices. Yet, differences in additional features and overall performance reflect in their rankings, with IUX placed at #60 and FXGT.com slightly higher at #58 out of 63 brokers in ForexBrokers.com's assessment. Despite these rankings, both apps share an equal user rating of 3.5 stars for mobile trading, reflecting a similar satisfaction level among their users.
| Feature |
IUX
|
FXGT.com
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | No | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 106 | 30 |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of online brokers IUX and FXGT.com, both platforms show similar profiles but with slight differences. Neither IUX nor FXGT.com provides daily market commentary or forex news from premier sources like Bloomberg or Reuters, nor do they offer technical analysis tools from Autochartist or Trading Central. Importantly, FXGT.com distinguishes itself by offering a sentiment-based trading tool that helps traders understand the market's long and short positions across various instruments, a feature absent in IUX's offerings. Both brokers provide an economic calendar, giving users insights into upcoming global economic events.
Despite these offerings, both brokers have similar ratings when it comes to research tools, each earning 3 out of 5 stars. However, their rankings differ slightly according to ForexBrokers.com; IUX is positioned at #59, while FXGT.com holds a slightly better spot at #56 out of 63 brokers reviewed. This suggests that while both brokers provide essential tools for market insights, FXGT.com edges slightly ahead due to its additional offerings in sentiment analysis.
| Feature |
IUX
|
FXGT.com
|
|---|---|---|
| Daily Market Commentary | No | No |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing educational resources for beginners, IUX and FXGT.com present distinct offerings. IUX stands out by providing over ten beginner-oriented educational videos, making it a favorable choice for new traders seeking video content to enhance their understanding. However, IUX does not offer a range of educational materials such as articles or webinars focused on forex and CFDs, nor does it host any monthly client webinars or an archive of recorded sessions, limiting the breadth of learning formats available to its users. Despite this, its beginner video content contributes positively to its overall educational rating.
FXGT.com, on the other hand, does not provide a comparable suite of beginner videos but does cater to traders by offering an investor dictionary with definitions for at least 50 investing terms, serving as a handy resource for understanding fundamental trading concepts. Similar to IUX, FXGT.com lacks the provision of monthly educational webinars and an archive of such resources. Both platforms fall short in offering extensive forex or CFD educational content, yet share a common three-star education rating, with IUX slightly outperforming FXGT.com at #59 compared to #60 in ForexBrokers.com's rankings among 63 brokers.
| Feature |
IUX
|
FXGT.com
|
|---|---|---|
| Education (Forex or CFDs) | No | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that IUX is better than FXGT.com. IUX finished with an overall rank of #55, while FXGT.com finished with an overall rank of #59.
IUX offers a basic trading experience built around MT5 and a proprietary mobile app, featuring low minimum deposits, multiple account types, and a modest range of tradeable markets.
| Feature |
IUX
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FXGT.com
|
|---|---|---|
| Overall Rating |
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| Trust Score | 78 | 69 |
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Both IUX and FXGT.com do not offer the ability to buy actual cryptocurrency but do provide the option to trade cryptocurrency derivatives.
In comparing online brokers IUX and FXGT.com, IUX provides Skrill, Visa, Mastercard, and bank wire options for deposits and withdrawals but lacks ACH or SEPA and PayPal, whereas FXGT.com supports ACH, SEPA, Visa, Mastercard, and bank wire transactions, but not Skrill or PayPal.
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 5| Overall Rating | IUX | FXGT.com | |
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| Trust Score | 78 | 69 | |
| Winner | check_circle | ||
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| Regulation | IUX | FXGT.com | |
|---|---|---|---|
| Trust Score | 78 | 69 | |
| Year Founded | 2016 | 2019 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | IUX | FXGT.com | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| 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 | 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). | No | Yes |
| Tier-2 Licenses (Trusted) | IUX | FXGT.com | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | IUX | FXGT.com | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 152 | 117 | |
| Forex Pairs (Total) | 34 | 53 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | Yes | |
| 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 | IUX | FXGT.com | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.9 | N/A | |
| All-in Cost EUR/USD - Active | 0.6 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | IUX | FXGT.com | |
|---|---|---|---|
| Minimum Deposit | 10 | $5 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | IUX | FXGT.com | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | IUX | FXGT.com | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 46 | 5 | |
| Charting - Indicators / Studies (Total) | 106 | 37 | |
| Charting - Drawing Tools (Total) | 89 | 23 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | No | Yes |
| Mobile Trading | IUX | FXGT.com | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | No | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 106 | 30 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | IUX | FXGT.com | |
|---|---|---|---|
| Daily Market Commentary | No | No | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | IUX | FXGT.com | |
|---|---|---|---|
| Education (Forex or CFDs) | No | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | IUX | FXGT.com | |
|---|---|---|---|
| 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 | |
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| Overall | IUX | FXGT.com | |
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| Trust Score | 78 | 69 | |
| Winner | check_circle | ||
| Review |
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