Written by ForexBrokers.com
In this head to head comparison of GBE brokers 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.
GBE Brokers and IUX, both established in the 2010s, are two online brokers offering different levels of security for their users. Founded in 2013, GBE Brokers holds one Tier-1 license and is rated with a Trust Score of 71, classifying it as an average risk broker according to ForexBrokers.com. This broker is not publicly traded and does not operate as a bank. Meanwhile, IUX, which commenced operations in 2016, possesses one Tier-2 license and has a Trust Score of 69, placing it in the high-risk category. Like GBE Brokers, IUX is also privately operated and is not a bank.
In terms of security regulations, GBE Brokers has a slight edge with its Tier-1 license, indicating a higher level of trustworthiness in comparison to IUX’s Tier-2 license. However, neither brokerage is publicly traded, and both rank below the 80-89 Trust Score range that ForexBrokers.com identifies as 'trusted.' Potential investors should carefully consider these factors when choosing between GBE Brokers and IUX for their trading needs.
| Feature |
GBE brokers
|
IUX
|
|---|---|---|
| Year Founded | 2013 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 0 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
GBE Brokers and IUX both offer competitive options for their brokerage services, with a focus on commissions and fees. GBE Brokers currently hold a 4-star rating in this area but specific average spread data is not available for a detailed comparison with IUX. Ranked #37 out of 63 brokers by ForexBrokers.com, GBE Brokers positions itself solidly in the market, appealing to a range of traders despite the lack of detailed spread information.
In contrast, IUX provides a broad range of account choices, which offer flexibility depending on trading activity and preferences. With standard accounts requiring a minimal deposit of just $10, the Standard and Standard+ accounts differ mainly in their spread widths and promotional bonuses. For more active traders, the Raw and Pro accounts require a $500 deposit, with the Raw account highlighting its low spreads combined with a commission, while the Pro variant emphasizes tighter spreads without a commission. Despite being a smaller brokerage, IUX's adaptable pricing structure rates at 4 stars and ranks #49 out of 63 brokers.
While GBE Brokers and IUX both achieve a 4-star rating in commissions and fees, IUX offers a more detailed pricing structure with varying account options. When choosing between them, consider the trade-offs relating to spreads, commissions, and initial deposit amounts to determine the best fit for your trading needs. Though IUX may not lead the industry in cost-effectiveness, its Pro account remains competitive and worth a look for those weighing different account types and their associated costs.
| Feature |
GBE brokers
|
IUX
|
|---|---|---|
| Minimum Deposit | $500 | 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 | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | 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 comparing GBE brokers and IUX, both platforms offer forex trading as CFDs or spot contracts, but there are notable differences in the variety of investments they provide. GBE brokers impress with a total of 500 tradable symbols, including 71 forex pairs, while IUX offers 152 symbols with 34 forex pairs. This gives GBE brokers a wider selection for those focused on forex trading. Additionally, both platforms permit trading in cryptocurrency derivatives, yet neither supports trading the actual cryptocurrencies directly.
GBE brokers and IUX differ substantially in terms of exchange-traded securities. IUX stands out by providing access to international exchanges, allowing investors to purchase shares like Vodafone. In contrast, GBE brokers do not support trading individual stocks on any exchange. Furthermore, GBE brokers provide copy trading capabilities, adding another dynamic option for their clients, which IUX does not offer. Both brokers are evenly rated at 3.5 stars for their range of investments by ForexBrokers.com; however, GBE brokers is ranked higher at #44 compared to IUX's #60, indicating a marginal upper hand in overall investment options.
| Feature |
GBE brokers
|
IUX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 500 | 152 |
| Forex Pairs (Total) | 71 | 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 trading platforms and tools, GBE Brokers and IUX both provide simulated trading with free demo accounts, which is ideal for beginners to practice before trading with real money. While both brokers offer Windows-based desktop and web-based platforms, GBE Brokers supports the popular MetaTrader 4, which IUX does not. Both offer MetaTrader 5, ensuring advanced trading capabilities. A noteworthy difference is GBE Brokers' provision of copy trading, a feature absent in IUX. Neither broker supports platforms like DupliTrade or ZuluTrade, though both allow trades directly from stock charts, appealing to traders who enjoy analyzing market movements on-the-go.
In terms of charting tools, GBE Brokers offers 15 drawing tools, while IUX impresses with 89, providing a more extensive suite for technical analysis. When it comes to watch lists, IUX offers 46 columns for customizable fields compared to GBE Brokers' 7, allowing greater flexibility for tracking investments. While GBE Brokers earns a higher rating of 4 stars compared to IUX's 3.5 stars for trading platforms and tools, both are ranked closely by ForexBrokers.com among 63 brokers, with GBE Brokers at #57 and IUX at #59. Although both platforms offer a wide array of tools, individual preferences for platform features may determine the most suitable broker for each trader.
| Feature |
GBE brokers
|
IUX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | 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.
When comparing mobile trading apps, both GBE Brokers and IUX offer apps for iPhone and Android, ensuring you can stay on top of your investments from anywhere. While both apps let users create watchlists with real-time quotes, only GBE Brokers provides stock and forex price alerts, a feature absent in IUX's offering. Additionally, GBE Brokers allows users to draw trendlines on charts, a functionality not available with IUX. This can be a crucial tool for those who want to conduct detailed analyses on the go.
In terms of charting, GBE Brokers offers a modest selection of 30 technical studies, whereas IUX boasts a significantly larger library of 106 studies, which may benefit those who rely heavily on technical analysis. Both apps support viewing multiple time frames for charts and auto-save any drawings made. Despite IUX having more technical studies, GBE Brokers still edges out with a slightly better mobile trading app rating of 4 stars compared to IUX’s 3.5 stars. According to ForexBrokers.com, GBE Brokers is ranked 57th, a bit ahead of IUX, which sits at 60th out of 63 brokers, reflecting customer satisfaction and feature offerings.
| Feature |
GBE brokers
|
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 comparing market research offerings between GBE Brokers and IUX, both platforms have unique strengths and limitations. GBE Brokers provides users with daily market commentary, helping traders stay informed with regular updates. Additionally, GBE Brokers offers a sentiment-based trading tool allowing clients to gauge the current market mood by presenting the ratio of long and short positions across various instruments. On the other hand, IUX lacks these specific features but does provide a comprehensive economic calendar that matches what GBE Brokers offers. This tool is invaluable for traders looking to stay updated on global economic events that might impact market movements.
While neither GBE Brokers nor IUX offers forex news from top-tier sources like Bloomberg or specialized technical analysis tools from companies such as Autochartist or Trading Central, this doesn’t diminish their usefulness entirely. Both brokers receive a 3-star rating for research. However, GBE Brokers ranks slightly lower than IUX, coming in at #62 compared to IUX’s #59 in the ForexBrokers.com research category. This ranking might reflect the limited range of tools available or other factors not covered by research ratings. In summary, GBE Brokers excels with its commentary and sentiment tools, while both platforms keep traders informed with robust economic calendars.
| Feature |
GBE brokers
|
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 | Yes | 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 for beginners at GBE brokers and IUX, it's clear that both platforms have room for improvement. Neither GBE brokers nor IUX provide a comprehensive selection of educational materials focused on forex or CFDs, with both failing to offer a minimum of ten learning items like articles, videos, or webinars. Additionally, neither broker hosts regular online educational webinars or maintains a searchable archive of previously recorded sessions. While GBE brokers do not offer any beginner-specific videos, IUX stands out slightly by offering at least ten videos created specifically for new traders.
Despite these limitations, both brokers receive a similar rating of three out of five stars for educational offerings. One area where IUX edges slightly ahead is its ranking in the education category, coming in at 59th out of 63 brokers, whereas GBE brokers find themselves at the bottom of the list, ranked 63rd. Unfortunately, neither broker offers an investor dictionary with essential investing term definitions, further underscoring the limited educational support they provide. Overall, while both brokers offer some value, beginners might find more comprehensive educational resources elsewhere.
| Feature |
GBE brokers
|
IUX
|
|---|---|---|
| Education (Forex or CFDs) | No | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | 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 GBE brokers is better than IUX. GBE brokers finished with an overall rank of #56, while IUX finished with an overall rank of #63.
GBE offers 500 tradeable symbols from its CySEC-regulated entity in Cyprus, but lacks additional regulatory licenses which hampers its Trust Score, compared to leading multi-asset brokers.
| Feature |
GBE brokers
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IUX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 71 | 69 |
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Both GBE brokers and IUX do not provide the option to purchase actual delivered cryptocurrency, but each offers the ability to invest in cryptocurrency derivatives.
GBE Brokers supports ACH and SEPA transfers, PayPal, Skrill, Visa, Mastercard, and bank wires for deposits and withdrawals, while IUX offers Skrill, Visa, Mastercard, and bank wires but does not support ACH, SEPA transfers, 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 | GBE brokers | IUX | |
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| Trust Score | 71 | 69 | |
| Winner | check_circle | ||
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| Broker Screenshots | GBE brokers | IUX | |
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| Regulation | GBE brokers | IUX | |
|---|---|---|---|
| Trust Score | 71 | 69 | |
| Year Founded | 2013 | 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 | 0 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | GBE brokers | IUX | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | 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). | Yes | No |
| Tier-2 Licenses (Trusted) | GBE brokers | 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 | GBE brokers | IUX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 500 | 152 | |
| Forex Pairs (Total) | 71 | 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 | GBE brokers | 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 | GBE brokers | IUX | |
|---|---|---|---|
| Minimum Deposit | $500 | 10 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | GBE brokers | IUX | |
|---|---|---|---|
| Proprietary Platform | No | 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 | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | GBE brokers | 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 | GBE brokers | 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 | GBE brokers | 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 | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | GBE brokers | IUX | |
|---|---|---|---|
| Education (Forex or CFDs) | No | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | No | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | GBE brokers | 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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| Trust Score | 71 | 69 | |
| Winner | check_circle | ||
| Review |
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