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IC Markets vs IUX 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

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

IC Markets
4.5/5 Stars Overall
  • Minimum Deposit: $200
  • Trust Score: 84
  • Tradeable Symbols (Total): 3583
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

When comparing online brokers IC Markets and IUX, it's important to consider their regulatory backgrounds and trust ratings. IC Markets, founded in 2007, has two Tier-1 licenses and an 84 Trust Score from ForexBrokers.com, placing it in the 'trusted' category. IUX, established in 2016, holds one Tier-1 license and one Tier-2 license, resulting in a Trust Score of 78, marking it as 'average risk'. Neither broker is publicly traded or operates as a bank.

Both brokers have made a mark in the online trading space, with IC Markets showing a decade-long history and IUX being the newer entrant. The focus on regulatory compliance is evident, but IC Markets leads with higher-tiered licenses, potentially offering more confidence to traders seeking a trusted trading partner. Each broker presents its strengths, giving traders options based on their personal risk tolerance and trust preferences.

Feature IC Markets logoIC Markets
IUX logoIUX
Year Founded info 2007 2016
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 2 1
Tier-2 Licenses info 0 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 3 1

Fees

When it comes to comparing the fees and commissions of online brokers IC Markets and IUX, IC Markets emerges as a winner due to its low trading costs and flexible account options. With spreads as tight as 0.02 pips for EUR/USD in its Raw Spread accounts and a commission as low as $3.0 per side for every 100,000 units on the cTrader platform, IC Markets provides excellent value. Their commission-free Standard account averages a spread of 0.62 pips, making it a solid choice for cost-conscious traders. Earning a 5-star rating and ranked #5 out of 63 brokers by ForexBrokers.com in the Commissions & Fees category, IC Markets stands out among the competition.

IUX, on the other hand, offers a range of account types to accommodate different trading needs. The Standard account requires a minimal $10 deposit and offers lower spreads than its promotional Standard+ counterpart. For more active traders, the Raw account requires a $500 deposit and boasts the lowest spreads with a $6 commission for every 100,000 units. In contrast, the Pro account is spread-only, offering an average spread of 0.7 pips. Despite these options, IUX doesn't quite reach the cost-effectiveness of the top brokers, receiving a 4-star rating and ranking #49 out of 63 by ForexBrokers.com.

Ultimately, while both brokers have their own strengths, IC Markets stands out for its competitive pricing and variety of account types, making it a better choice for traders looking to minimize costs. IUX offers affordable options as well, but it doesn't match the cost-efficiency of IC Markets for commission-based trading, making it more suitable for those looking for a straightforward, spread-based model.

Feature IC Markets logoIC Markets
IUX logoIUX
Minimum Deposit info $200 10
Average Spread EUR/USD - Standard info 0.62 info 0.9
All-in Cost EUR/USD - Active info 0.62 info 0.6
Active Trader or VIP Discounts info Yes Yes
ACH or SEPA Transfers info No 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

In the IC Markets vs IUX comparison for range of investments, IC Markets offers far more choice: 3,583 tradeable symbols versus 152 at IUX, and 61 forex pairs versus 34. Both support forex trading as CFDs or spot contracts. Neither broker lets you buy U.S.-listed shares directly, but both provide access to exchange-traded securities on international exchanges. For crypto, neither sells actual coins, yet both offer cryptocurrency derivatives.

IC Markets also includes copy trading, while IUX does not. Reflecting the wider lineup, ForexBrokers.com rates IC Markets 4.5/5 stars for Range of Investments and ranks it 26th out of 63 brokers; IUX earns 3.5/5 stars and ranks 61st. If you want the largest selection of markets and forex pairs along with copy trading, IC Markets stands out; if you’re fine with a smaller catalog and don’t need copy trading, IUX may suffice.

Feature IC Markets logoIC Markets
IUX logoIUX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 3583 152
Forex Pairs (Total) info 61 34
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info Yes 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

IC Markets and IUX both offer free demo (paper) trading along with web and Windows desktop platforms. IC Markets doesn’t have its own proprietary platform, while IUX does. For third‑party choices, IC Markets supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), whereas IUX supports MT5 but not MT4. If copy trading matters, IC Markets provides it and also connects with ZuluTrade; neither broker offers DupliTrade, and IUX does not support copy trading.

Both brokers let you trade directly from charts. For charting tools, IC Markets lists 15 drawing tools, while IUX offers 89. Watchlists are more detailed at IUX with 46 fields versus 7 at IC Markets. In independent testing for Trading Platforms and Tools, IC Markets earned 4 stars and ranked #16 out of 63 brokers, while IUX earned 3.5 stars and ranked #60. Choose IC Markets if you want MT4 and copy trading, or consider IUX if you prefer a proprietary platform with more drawing tools and deeper watchlist customization.

Feature IC Markets logoIC Markets
IUX logoIUX
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info No 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 Yes Yes
DupliTrade info No No
ZuluTrade info Yes No
Charting - Indicators / Studies (Total) info 30 106
Charting - Drawing Tools (Total) info 15 89
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 7 46

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

Forex trading apps

IC Markets vs IUX mobile trading apps: both brokers offer iPhone and Android apps with real-time quote watchlists, multiple time frames, and auto-saved chart drawings. IC Markets supports price alerts and lets you draw trendlines on charts, while IUX does not offer alerts and lacks trendline drawing. For technical studies, IUX packs more options (106 indicators) compared with IC Markets (30), which may appeal to indicator-heavy traders. Neither app syncs watchlists with the web platform.

In overall quality, IC Markets earns 4 out of 5 stars and ranks #22 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com, while IUX scores 3.5 stars and ranks #61. Choose IC Markets if you value price alerts and drawing tools; pick IUX if you want a larger set of built-in indicators.

Feature IC Markets logoIC Markets
IUX logoIUX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes No
Watchlist Syncing info No No
Mobile Charting - Indicators / Studies info 30 106
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

IC Markets offers a far wider set of market research tools than IUX. IC Markets provides daily market commentary, live forex news from top-tier sources like Bloomberg/Reuters/Dow Jones, and popular technical research from both Autochartist and Trading Central. It also includes a sentiment tool that shows the ratio of long vs. short positions across instruments. IUX does not provide daily commentary, top-tier news, Autochartist, Trading Central, or a sentiment tool. Both brokers do not offer TipRanks or Acuity Trading tools, and both include an economic calendar.

For research quality, IC Markets is rated 4 out of 5 stars and ranks #23 out of 63 brokers on ForexBrokers.com, while IUX is rated 3 stars and ranks #60. If you value built-in analysis, news, and trade ideas, IC Markets is the more feature-rich choice; if you only need a basic economic calendar, IUX covers the essentials.

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

Dive deeper: Best Brokers for Forex Research.

Beginners and education

Comparing IC Markets and IUX for beginner trading education: Both brokers provide at least 10 beginner-friendly videos. IC Markets goes further with a full forex and CFD education library (10+ articles/videos/webinars), monthly client webinars, and a searchable archive of recorded sessions. It also offers 10+ advanced trading videos and an investor dictionary with 50+ terms—useful as you move from basics into strategy and jargon. IUX, by contrast, supplies beginner videos but lacks a wider education library, does not host ongoing webinars or keep a searchable archive, and does not provide an advanced video catalog or an investor dictionary.

These differences show up in the scores: IC Markets earns 4 stars for Education and ranks #16 of 63 brokers at ForexBrokers.com, while IUX earns 3 stars and ranks #60 of 63. If you want structured learning with live and recorded webinars plus materials you can grow into, IC Markets is the stronger pick. If you only need short beginner videos, IUX can cover the basics.

Feature IC Markets logoIC Markets
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 IC Markets is better than IUX. IC Markets finished with an overall rank of #20, while IUX finished with an overall rank of #55.

IC Markets’ competitive pricing and scalable execution make it an excellent option for algorithmic traders. Though it supports an impressive range of third-party tools and plugins, IC Markets’ research and education offerings are not as impressive as those offered by industry leaders.

Feature IC Markets logoIC Markets
IUX logoIUX
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Trust Score info 84 78
Range of Investments 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 3.5/5 Stars
Research 4/5 Stars 3/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Education 4/5 Stars 3/5 Stars

FAQs

Can you trade cryptocurrency with IC Markets or IUX?

IC Markets and IUX both do not offer the ability to buy actual delivered cryptocurrency, but both platforms provide options to trade cryptocurrency derivatives.

What funding options does each broker offer?

When comparing online brokers IC Markets and IUX, both provide options for Skrill, Visa or Mastercard, and bank wire transfers for depositing or withdrawing account funds, but IC Markets additionally supports PayPal while neither offer ACH or SEPA 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 IC Markets IUX
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Range of Investments 4.5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Research 4/5 Stars 3/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score info 84 78
Winner check_circle
Review IC Markets Review IUX Review
Broker Screenshots IC Markets IUX
Broker Gallery (click to expand) info
IC Markets cTrader mobile app charting IC Markets EU cTrader desktop trading platform layout IC Markets webinar IC Your Trade YouTube video series. IC Markets Educational content blog articles.
Regulation IC Markets IUX
Trust Score info 84 78
Year Founded info 2007 2016
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No
Tier-1 Licenses info 2 1
Tier-2 Licenses info 0 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 3 1
Tier-1 Licenses (Highly Trusted) IC Markets IUX
Australia (ASIC Authorised) info Yes Yes
Canada (CIRO Authorised) info No 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
United Kingdom (U.K.) (FCA Authorised) info No 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) IC Markets IUX
Kenya (CMA Authorised) info No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No Yes
UAE (DFSA, FSRA, or SCA Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No
Investments IC Markets IUX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 3583 152
Forex Pairs (Total) info 61 34
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info Yes 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 IC Markets IUX
Average Spread EUR/USD - Standard info 0.62 info 0.9
All-in Cost EUR/USD - Active info 0.62 info 0.6
Active Trader or VIP Discounts info Yes Yes
Inactivity Fee info No Yes
Execution: Agency Broker info Yes No
Execution: Market Maker info Yes Yes
Funding IC Markets IUX
Minimum Deposit info $200 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 No No
Trading Platforms IC Markets IUX
Proprietary Platform info No 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 Yes Yes
cTrader info Yes No
DupliTrade info No No
ZuluTrade info Yes No
Trading Tools IC Markets IUX
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 7 46
Charting - Indicators / Studies (Total) info 30 106
Charting - Drawing Tools (Total) info 15 89
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes No
Mobile Trading IC Markets 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 No No
Mobile Charting - Indicators / Studies info 30 106
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 IC Markets IUX
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes No
Autochartist info Yes No
Trading Central (Recognia) info Yes No
TipRanks info No No
Social Sentiment - Currency Pairs info Yes No
Economic Calendar info Yes Yes
Education IC Markets 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 IC Markets 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 IC Markets Review IUX Review
Overall IC Markets IUX
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Range of Investments 4.5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Research 4/5 Stars 3/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score info 84 78
Winner check_circle
Review IC Markets Review IUX Review
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