Written by ForexBrokers.com
In this head to head comparison of IFC Markets 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.
Founded in 2006, IFC Markets operates as an online broker with a variety of trading options. Though not listed on a stock exchange, nor functioning as a bank, the company demonstrates a moderate level of trust, earning a Trust Score of 73 out of 99 according to ForexBrokers.com. While IFC Markets holds no Tier-1 regulatory licenses, it does have one Tier-2 license, indicating a trusted status and providing some assurance to potential traders considering their services.
In comparison, IUX entered the scene in 2016 and, like IFC Markets, is neither publicly traded nor a bank. Earning a ForexBrokers.com Trust Score of 69, IUX is categorized as high risk when it comes to trust levels. Although it lacks Tier-1 licenses, the broker matches IFC Markets with a single Tier-2 license, suggesting that both companies are on equal footing in at least one aspect of regulatory credibility. Potential clients should weigh these details carefully when choosing between the two brokers.
| Feature |
IFC Markets
|
IUX
|
|---|---|---|
| Year Founded | 2006 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 0 | 0 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When it comes to commissions and fees, IFC Markets offers a mixed competitive landscape with an average EUR/USD spread of 1.44, which is higher than the industry average of 1.08. However, the ECN account, suited for more active traders, offers a more competitive effective spread of 1.1 pips once the 0.005% commission on trades is considered. Additional perks at IFC Markets include the absence of inactivity fees and available active trader discounts, providing some financial relief. Rated 4 out of 5 stars for commissions and fees, IFC Markets is ranked 39th out of 63 brokers by ForexBrokers.com.
IUX adopts a varied pricing strategy tailored to different types of traders with its mix of spread-only and commission-based accounts. The Standard and Standard+ accounts require just a $10 minimum deposit, with the key difference being that Standard+ offers bonus promotions at the cost of wider spreads. Conversely, IUX’s Raw and Pro accounts, designed for active traders, require a $500 minimum deposit. The Raw account offers very low spreads with a $6 commission per 100,000 units, whereas the Pro account is commission-free with lower spreads than the Standard offerings. Despite being competitive, IUX does not lead the industry in pricing. The broker is rated 4 out of 5 stars and occupies the 49th spot out of 63 brokers in the ForexBrokers.com rankings.
Both IFC Markets and IUX cater to different segments of traders with varying advantages. IFC Markets, ranked higher for its commissions and fees, offers an edge with its competitive ECN account spread and no inactivity fees. Meanwhile, IUX presents a flexible range of accounts to accommodate different trader preferences, maintaining competitive spreads and commission structures for its size. Potential clients should consider their trading habits when weighing these options.
| Feature |
IFC Markets
|
IUX
|
|---|---|---|
| Minimum Deposit | $1 | 10 |
| Average Spread EUR/USD - Standard | 1.44 | 0.9 |
| All-in Cost EUR/USD - Active | 1.1 | 0.6 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investment options between IFC Markets and IUX, both brokers provide opportunities for forex trading either as CFDs or spot contracts. IFC Markets offers a broader selection with 630 tradeable symbols, including 49 forex pairs, while IUX provides 152 tradeable symbols and 34 forex pairs. Neither broker facilitates the purchase of exchange-traded securities on U.S. exchanges like Apple shares; however, both offer access to international markets such as the London Stock Exchange, allowing clients to invest in companies like Vodafone. Additionally, IFC Markets stands out with its copy trading feature, whereas IUX does not offer this service.
For cryptocurrency enthusiasts, both IFC Markets and IUX provide options to trade cryptocurrency derivatives, though neither allows for the purchase of actual cryptocurrencies. In terms of ratings, both brokers share a similar 3.5-star rating out of five for their range of investments. However, IFC Markets is ranked higher in its category at #43, compared to IUX's ranking at #60 according to ForexBrokers.com. This ranking suggests a slight edge for IFC Markets in terms of investment diversity and options.
| Feature |
IFC Markets
|
IUX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 630 | 152 |
| Forex Pairs (Total) | 49 | 34 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers |
Dive deeper: Best Copy Trading Platforms.
When comparing IFC Markets and IUX, both offer extensive trading platform options and tools designed for a range of investors. They provide free virtual demo accounts, allowing new and experienced traders alike to practice strategies without financial risk. Both brokers deliver proprietary platforms, complete with desktop and browser-based versions. IFC Markets and IUX also support MetaTrader 5, a well-regarded platform in the trading world, though only IFC Markets offers the popular MetaTrader 4. Additionally, IFC Markets includes copy trading, giving investors the chance to replicate successful trades, a feature IUX lacks.
In terms of user interface and charting capabilities, both brokers allow trading directly from stock charts, but IUX excels with 89 drawing tools compared to IFC Markets’ 15. However, IFC Markets offers more in-depth customization for watch lists, with 7 unique fields to IUX’s 46. Reviews suggest IFC Markets has a slight edge, boasting a 4-star rating for its trading platforms and tools, compared to IUX's 3.5 stars. Among 63 brokers ranked by ForexBrokers.com, IFC Markets takes the 36th spot, demonstrating solid standing over IUX’s 59th position, making it a preferred choice for traders prioritizing comprehensive platform tools.
| Feature |
IFC Markets
|
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.
When comparing the mobile trading apps of IFC Markets and IUX, both brokers offer applications for iPhone and Android users. However, IFC Markets has a few key advantages. It provides price alerts for stocks or forex and allows users to sync watchlists across their mobile app and online account, ensuring seamless updates. This feature is not available with IUX. Additionally, IFC Markets allows traders to draw trendlines directly on charts, a feature not supported by IUX. Both brokers let you view multiple time frames and auto-save chart drawings, making analysis more convenient on the go.
In terms of charting, IUX offers a significantly higher number of technical studies—106 compared to IFC Markets' 30. Both brokers enable users to create watchlists with real-time quotes. IFC Markets boasts a higher user rating with four stars, slightly surpassing IUX's 3.5 stars. Despite this, both are rated among the lower half of brokers for their mobile apps, with IFC Markets at rank 52 and IUX at 60 out of 63 on ForexBrokers.com. Overall, while IFC Markets might not have as many technical studies, its features like alerts and syncing could provide a more integrated trading experience.
| Feature |
IFC Markets
|
IUX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | Yes | 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, IFC Markets clearly stands out over IUX. IFC Markets provides daily market commentary, which is a feature not offered by IUX. Additionally, IFC Markets includes a sentiment-based trading tool that shows the ratio of long or short positions across various instruments, an insightful feature that gives its users an edge in understanding market dynamics. Both brokers fall short in offering forex news from top-tier sources like Bloomberg or Reuters and do not feature tools from well-known companies like Autochartist or Trading Central, but the presence of specific tools at IFC Markets offers traders more avenues to analyze market sentiment.
Both IFC Markets and IUX provide an economic calendar to keep track of global news events, ensuring traders stay informed on market movements. However, IFC Markets surpasses IUX in its overall research offerings, earning a 3.5-star rating compared to IUX's 3-star rating. Consequently, IFC Markets is ranked #40 out of 63 brokers in the Research category according to ForexBrokers.com, whereas IUX lags behind at #59. These rankings suggest that IFC Markets is more effective in equipping traders with the knowledge and tools needed to make informed decisions.
| Feature |
IFC Markets
|
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 evaluating the educational resources offered by online brokers IFC Markets and IUX, there are several factors to consider, especially if you're a beginner. IFC Markets provides a substantial array of educational content, including more than ten articles, videos, and similar materials focused on forex and CFDs. They also offer over ten beginner-focused trading videos and an investor dictionary with definitions for more than 50 investing terms. In contrast, while IUX also offers beginner trading videos, they lack the comprehensive forex and CFD educational content and the investor dictionary that IFC Markets provides.
In terms of advanced educational content, IFC Markets pulls ahead, offering over ten videos targeting more experienced traders, an area where IUX falls short. Neither broker currently provides monthly online educational webinars or an archive of past webinars, leaving room for improvement in this area. Based on overall educational offerings, IFC Markets earns a rating of 3.5 stars and is ranked #30 out of 63 brokers by ForexBrokers.com, whereas IUX achieves a slightly lower rating of 3 stars and a ranking of #59. These rankings underscore the stronger educational foundation provided by IFC Markets for those new to trading.
| Feature |
IFC Markets
|
IUX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that IFC Markets is better than IUX. IFC Markets finished with an overall rank of #45, while IUX finished with an overall rank of #63.
IFC Markets is a well-established broker that has been in operation for 17 years. Forex traders at IFC Markets gain access to multiple trading platforms, a growing range of tradeable markets, and a balanced offering of research and educational content. However, IFC Markets’ Trust Score suffers due to the broker’s limited range of regulatory licenses.
| Feature |
IFC Markets
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IUX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 73 | 69 |
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Neither IFC Markets nor IUX offer the ability to buy actual delivered cryptocurrency, but both platforms provide options to invest in cryptocurrency derivatives.
When comparing online brokers IFC Markets and IUX in terms of deposit and withdrawal options, neither offer ACH or SEPA transfers or PayPal, but while both support Visa, Mastercard, and bank wires, only IUX provides the additional option of using Skrill.
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 | IFC Markets | IUX | |
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| Trust Score | 73 | 69 | |
| Winner | check_circle | ||
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| Broker Screenshots | IFC Markets | IUX | |
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| Regulation | IFC Markets | IUX | |
|---|---|---|---|
| Trust Score | 73 | 69 | |
| Year Founded | 2006 | 2016 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 0 | 0 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | IFC Markets | 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). | No | No |
| Tier-2 Licenses (Trusted) | IFC Markets | IUX | |
|---|---|---|---|
| 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 | IFC Markets | IUX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 630 | 152 | |
| Forex Pairs (Total) | 49 | 34 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers |
| Cost | IFC Markets | IUX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.44 | 0.9 | |
| All-in Cost EUR/USD - Active | 1.1 | 0.6 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | IFC Markets | IUX | |
|---|---|---|---|
| Minimum Deposit | $1 | 10 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | IFC Markets | 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 | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | IFC Markets | 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 | IFC Markets | IUX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | 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 | IFC Markets | 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 | IFC Markets | IUX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | IFC Markets | 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 | |
| Review |
| Overall | IFC Markets | IUX | |
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| Trust Score | 73 | 69 | |
| Winner | check_circle | ||
| Review |
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