Written by ForexBrokers.com
In this head to head comparison of FXPrimus vs IUX, 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.
FXPrimus and IUX are online brokers that have been serving traders since 2009 and 2016 respectively. Neither company is publicly traded or operates as a bank. FXPrimus holds one Tier-1 license, indicating a high level of trust, while IUX also possesses one Tier-1 license but additionally has a Tier-2 license, signifying trustworthiness. This difference in licensing contributes to their trust scores, with FXPrimus receiving a score of 71 and IUX slightly higher at 78, positioning both brokers within the average risk category as per ForexBrokers.com.
For investors evaluating these platforms, understanding the regulatory framework can help in making informed decisions. Both brokers demonstrate a commitment to maintaining trusted regulatory standards with their Tier-1 licenses. However, IUX's additional Tier-2 license may offer extra confidence for those prioritizing regulatory oversight. This nuanced difference, alongside their respective trust scores, may influence investor preference when considering these brokers as viable options in the trading market.
| Feature |
FXPrimus
|
IUX
|
|---|---|---|
| Year Founded | 2009 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When it comes to comparing FXPrimus and IUX for their commissions and fees, both brokers offer distinct pricing structures tailored for different types of traders. FXPrimus, unfortunately, doesn't provide specific average spread data, making it somewhat challenging for potential users to gauge exact pricing. However, it is rated 4 stars for commissions and fees, reflecting a general satisfaction among its clients. FXPrimus holds the 42nd position out of 63 brokers according to ForexBrokers.com, indicating a mid-tier ranking based on pricing considerations.
IUX, on the other hand, presents a more diversified range of account options that cater to both standard and active traders. The Standard and Standard+ accounts require just a $10 minimum deposit, with the latter featuring wider spreads in exchange for bonus promotions. For active traders, the Raw and Pro accounts, each with a $500 minimum deposit, offer more competitive pricing. The Raw account boasts the lowest spreads with a commission of $6 per standard lot, while the Pro account offers spread-only pricing that's quite appealing. The average spreads for IUX are fairly competitive, with the Pro account averaging at 0.7 pips for the EUR/USD pair. IUX is also rated 4 stars for commissions and fees, though it ranks slightly lower than FXPrimus at 48th out of 63 brokers.
In summary, while FXPrimus offers a decent service with a generally favorable rating, IUX distinguishes itself with a variety of account options tailored to both casual and more active traders. On the whole, both brokers maintain a respectable 4-star rating, though FXPrimus slightly edges out IUX in terms of industry ranking. When choosing between the two, consider the trade-offs between their commission structures, spreads, and the specific needs of your trading strategy.
| Feature |
FXPrimus
|
IUX
|
|---|---|---|
| Minimum Deposit | $100 | 10 |
| Average Spread EUR/USD - Standard | N/A | 0.9 |
| All-in Cost EUR/USD - Active | N/A | 0.6 |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to the available range of investments, FXPrimus and IUX present traders with similar yet distinct opportunities. Both brokers offer forex trading as CFDs or spot contracts, yet FXPrimus provides a slightly larger selection with 42 tradeable forex pairs compared to IUX's 34. However, IUX edges past FXPrimus in the overall number of tradeable symbols, boasting 152 while FXPrimus offers 140. Neither platform allows direct purchase of U.S. exchange-traded securities, like Apple shares, but IUX does offer international exchange securities, enabling clients to invest in companies like Vodafone on the London Stock Exchange, a feature FXPrimus does not provide.
In terms of additional features, FXPrimus supports copy trading, allowing clients to follow and replicate experienced traders' strategies, an option not available with IUX. Both platforms offer cryptocurrency derivatives instead of actual cryptocurrency purchases. Despite these similarities and differences, both brokers receive a shared rating of 3.5 stars for their range of investments. Within the ForexBrokers.com rankings, FXPrimus is slightly higher, positioned at #59 out of 63 brokers, while IUX follows closely at #60. Overall, both FXPrimus and IUX serve traders with varied preferences, catering to those keen on forex and derivatives trading, with IUX offering a bit more in terms of international equities.
| Feature |
FXPrimus
|
IUX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 140 | 152 |
| Forex Pairs (Total) | 42 | 34 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | Yes | No |
| 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 FXPrimus and IUX, both brokers provide simulation opportunities with free virtual demo accounts, allowing traders to gain valuable experience without any financial risk. Both companies have developed their own in-house trading platforms and provide options for using a Windows-based desktop, or web-based browser platforms, offering flexibility for users. A key difference is in offering MetaTrader software; FXPrimus supports both MT4 and MT5, while IUX only supports MT5. FXPrimus also includes the option for copy trading, giving it an edge over IUX, which lacks this feature.
In terms of charting tools, FXPrimus offers 15 drawing tools, whereas IUX provides a more extensive set of 89. Both brokers allow trading directly from stock charts, but IUX significantly surpasses FXPrimus in watch list customization, providing 46 columns compared to FXPrimus's 7. These differences contribute to FXPrimus earning a slightly higher rating of 4 stars, compared to IUX's 3.5 stars for their trading platforms and tools. According to ForexBrokers.com, FXPrimus is ranked #49 among 63 brokers, while IUX is positioned at #59, reflecting their respective offerings and user satisfaction.
| Feature |
FXPrimus
|
IUX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 106 |
| Charting - Drawing Tools (Total) | 15 | 89 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 46 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both FXPrimus and IUX provide mobile trading apps available for iPhone and Android users. While both apps offer the essential feature of creating a watchlist with real-time quotes, only FXPrimus goes a step further with stock or forex price alerts. If you're a trader who relies heavily on technical studies, IUX offers an impressive collection of 106 technical studies compared to FXPrimus's 30. For those who value drawing capabilities, FXPrimus supports trendlines on charts, a feature IUX lacks. Both platforms let you view charts in multiple time frames and auto-save any drawings you create.
When it comes to user ratings, FXPrimus edges out with a 4-star rating, while IUX follows closely with 3.5 stars. According to ForexBrokers.com, FXPrimus ranks at #48 out of 63 brokers for mobile trading apps, which outperforms IUX's ranking at #60. While neither app currently includes watchlist symbol syncing, FXPrimus seems to offer a bit more for traders prioritizing notifications and charting capabilities.
| Feature |
FXPrimus
|
IUX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 106 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research tools, both FXPrimus and IUX have unique offerings that traders should note. FXPrimus delivers daily market commentary, providing valuable insights for traders seeking regular updates. However, neither platform offers forex news from prestigious sources like Bloomberg or Reuters, nor do they provide technical analysis tools from Autochartist or Trading Central. Additionally, traders looking for sentiment-based trading tools or TipRanks market research will not find these on either platform. Both FXPrimus and IUX provide an economic calendar, ensuring users stay informed on global economic events.
Despite these similarities, FXPrimus and IUX have similar rankings in research capabilities according to ForexBrokers.com. Both platforms receive a three-star rating for their research offerings. However, in terms of overall research ranking out of 63 brokers, FXPrimus narrowly edges out IUX, securing the 58th position, while IUX sits closely at 59th. This indicates that while both brokers have room for improvement, they provide a comparable level of research services to their users.
| Feature |
FXPrimus
|
IUX
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available to beginners at FXPrimus and IUX, there are notable differences and similarities. FXPrimus excels in providing a broad selection of educational materials, offering over ten pieces of content such as articles, videos, and archived webinars focused on forex or CFDs. They also host monthly online webinars for clients and maintain a searchable archive of recorded sessions. However, FXPrimus does not cater to beginners with a dedicated set of introductory trading videos, which sets them back in helping newcomers grasp the basics.
In contrast, IUX falls behind FXPrimus in several areas but shines in others. While IUX does not offer as many diversified educational resources aimed at forex or CFDs, or hold monthly webinars, they provide a collection of beginner-focused trading videos, giving new traders a starting point. Neither platform offers an extensive dictionary of investing terms. Both brokers receive a three-star rating for their educational services, though FXPrimus is ranked higher overall, taking the 51st position among 63 brokers, compared to IUX at 59th place. Ultimately, both brokers provide valuable resources, but the choice may depend on whether a beginner requires broad educational support or specific beginner-friendly video tutorials.
| Feature |
FXPrimus
|
IUX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | No | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FXPrimus is better than IUX. FXPrimus finished with an overall rank of #53, while IUX finished with an overall rank of #55.
FXPRIMUS is primarily regulated in Cyprus, offering the MetaTrader and cTrader platforms, and also has an off-shore entity in Vanuatu for clients outside of the EU. The main downside, besides its lack of additional top-tier licenses, is that FXPRIMUS only offers 140 symbols, putting it at a disadvantage compared to the best forex brokers.
| Feature |
FXPrimus
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IUX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 71 | 78 |
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Both FXPrimus and IUX do not provide the option to purchase the actual delivered cryptocurrency, but they do offer the ability to trade cryptocurrency derivatives.
Both FXPrimus and IUX support Skrill, Visa, Mastercard, and bank wires for depositing and withdrawing account funds, but neither offers ACH, SEPA, or PayPal as options for these transactions.
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 | FXPrimus | IUX | |
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| Trust Score | 71 | 78 | |
| Winner | check_circle | ||
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| Broker Screenshots | FXPrimus | IUX | |
|---|---|---|---|
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| Regulation | FXPrimus | IUX | |
|---|---|---|---|
| Trust Score | 71 | 78 | |
| Year Founded | 2009 | 2016 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | FXPrimus | IUX | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| 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). | Yes | No |
| Tier-2 Licenses (Trusted) | FXPrimus | IUX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FXPrimus | IUX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 140 | 152 | |
| Forex Pairs (Total) | 42 | 34 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| 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 | FXPrimus | IUX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 0.9 | |
| All-in Cost EUR/USD - Active | N/A | 0.6 | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | FXPrimus | IUX | |
|---|---|---|---|
| Minimum Deposit | $100 | 10 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | FXPrimus | IUX | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FXPrimus | IUX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 46 | |
| Charting - Indicators / Studies (Total) | 30 | 106 | |
| Charting - Drawing Tools (Total) | 15 | 89 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | FXPrimus | IUX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 106 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | No |
| Research | FXPrimus | IUX | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | FXPrimus | IUX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | No | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | FXPrimus | IUX | |
|---|---|---|---|
| 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 | FXPrimus | IUX | |
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| Trust Score | 71 | 78 | |
| Winner | check_circle | ||
| Review |
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