Written by ForexBrokers.com
In this head to head comparison of IG 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.
IG vs IUX: IG, founded in 1974, is publicly traded and is a bank. It holds 8 Tier-1 and 2 Tier-2 licenses and earns a 99/99 Trust Score from ForexBrokers.com, which is considered highly trusted (90–99). IUX, founded in 2016, is not publicly traded and is not a bank. It holds 1 Tier-1 and 1 Tier-2 license and has a 76/99 Trust Score, which falls into average risk (70–79).
In plain terms, IG offers broader regulatory oversight and a longer history, while IUX is regulated but with fewer top-tier approvals and a lower Trust Score. Choose based on your comfort with risk, the level of regulation you prefer, and the features you need.
| Feature |
IG
|
IUX
|
|---|---|---|
| Year Founded | 1974 | 2016 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 8 | 1 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
IG is the stronger pick for traders who care most about commissions and fees. It earns 5 out of 5 stars and ranks #7 out of 36 brokers for this category. IG is not a discount broker, but its pricing is very competitive for active traders, especially through its Forex Direct DMA account. On its main Forex Direct offering, average EUR/USD spreads were 0.62 pips in July 2023, with an estimated all-in cost of about 0.82 pips after commission. IG also offers volume-based rebates for high-frequency traders, which can bring costs down further for eligible clients.
IUX is also fairly priced, but it is better seen as a solid mid-tier option than a market leader on cost. It earns 4.5 out of 5 stars and ranks #19 out of 36 brokers for commissions and fees. Its pricing depends on the account type: Standard and Standard+ accounts start with a $10 minimum deposit, while the Raw and Pro accounts require $500. The Raw account charges a $6 commission per 100,000 units and aims for lower spreads, while the Pro account is spread-only and lists an average EUR/USD spread of 0.7 pips. The Standard account is wider at around 0.9 pips on average.
In simple terms, IG has the edge on overall pricing, especially for active and high-volume traders who want lower all-in trading costs. IUX still offers competitive choices, especially for traders who want a low starting deposit or prefer a spread-only setup, but it does not match IG’s stronger fee structure. If commissions and fees are a top priority, IG is the better choice of the two.
| Feature |
IG
|
IUX
|
|---|---|---|
| Minimum Deposit | £1 | $50 |
| Average spread (EUR/USD) - Standard account | 0.91 | 0.86 |
| All-in Cost EUR/USD - Active | 0.82 | 0.6 |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to range of investments, IG offers far more choice than IUX. IG lists 19,537 tradeable symbols and 97 forex pairs, compared with IUX’s 152 symbols and 34 forex pairs. Both brokers support forex trading as a CFD or spot contract, and both offer cryptocurrency CFDs. However, IG also lets clients buy actual cryptocurrency, while IUX does not. In addition, IG provides access to exchange traded securities on both U.S. and international exchanges, while IUX only offers international exchange traded securities.
Overall, IG has a much broader selection for traders and investors who want more markets to choose from. That is reflected in its 5-star Range of Investments rating and #4 ranking out of 36 brokers from ForexBrokers.com. IUX, by comparison, earns 3.5 stars and ranks #35, making it a more limited choice for investors who value variety.
| Feature |
IG
|
IUX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 19537 | 152 |
| Forex Pairs (Total) | 97 | 34 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | No | No |
| Cryptocurrency (Underlying) | Yes | No |
| Cryptocurrency (CFDs) | 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.
IG and IUX both give traders a strong set of platform choices, including free demo accounts, their own in-house platforms, web-based trading, and Windows desktop downloads. Each also lets you place trades directly from charts, and both support MetaTrader 5. Neither broker offers copy trading, so traders who want to follow other investors will need to look elsewhere. One key difference is that IG also offers MetaTrader 4, while IUX does not.
When it comes to trading tools, IG stands out as the more complete choice. IG earns a 5-star rating for Trading Platforms and Tools and ranks #1 out of 36 brokers in this category at ForexBrokers.com. IUX is still usable, but it scores 3.5 stars and ranks #35 out of 36, which suggests a more basic experience overall. For traders who want a wider choice of platform options and a higher-rated trading setup, IG has the edge.
| Feature |
IG
|
IUX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 33 | 106 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
IG and IUX both offer mobile trading apps for iPhone and Android, so either broker lets you trade from your phone. Where IG stands out is in everyday trading tools: it offers stock and forex price alerts, watchlist syncing between the app and online account, and the ability to draw trendlines on charts. Its mobile app also auto-saves chart drawings. IUX also auto-saves drawings and offers a much larger set of chart studies, with 106 technical indicators compared with IG’s 33.
That said, the overall mobile app experience is stronger with IG. ForexBrokers.com rates IG 5 stars for Mobile Trading Apps and ranks it #1 out of 36 brokers, while IUX is rated 3.5 stars and ranked #35. In simple terms, IUX gives traders more chart study choices, but IG provides more of the practical features many mobile traders use most, making it the better all-around choice for mobile trading.
| Feature |
IG
|
IUX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | No |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 33 | 106 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, IG is the clear leader over IUX. IG provides daily market commentary, forex news from major sources like Bloomberg, Reuters, and Dow Jones, plus research and analysis tools from Autochartist, TipRanks, and Acuity Trading. It also includes a sentiment tool that shows long and short position ratios, helping traders quickly gauge market mood. By comparison, IUX does not offer these research features, which leaves it with far fewer resources for traders who want regular insights and trading ideas.
The one area where both brokers are similar is the economic calendar, as each offers a view of current and upcoming global news events. Even so, IG earns a 5-star research rating and ranks #2 out of 36 brokers for research at ForexBrokers.com, while IUX holds a 3-star rating and ranks #35. For traders who value market analysis, news coverage, and built-in research tools, IG offers a much stronger market research experience than IUX.
| Feature |
IG
|
IUX
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central | No | No |
| Client sentiment data | Yes | No |
| TipRanks | Yes | No |
| Acuity Trading | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to beginner-friendly learning tools, IG has a clear edge over IUX. IG offers forex and CFD education with at least 10 related learning pieces, plus monthly online client webinars, which gives new traders more chances to learn in different ways. It also provides at least 10 beginner videos and at least 10 advanced videos, making it useful for both first-time traders and those who want to build on existing knowledge. By comparison, IUX also offers at least 10 beginner videos, but it does not host monthly educational webinars and does not provide at least 10 advanced videos focused on more experienced traders.
That difference shows up in the ratings and rankings too. IG is rated 5 stars for Education and is ranked #7 out of 36 brokers by ForexBrokers.com in this category, while IUX holds a 3-star Education rating and ranks #35 out of 36. For beginners looking for more forex and CFD learning content, more live teaching, and a wider range of video lessons, IG is the stronger choice.
| Feature |
IG
|
IUX
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that IG is better than IUX. IG finished with an overall rank of #1, while IUX finished with an overall rank of #35.
IG offers the ultimate comprehensive trading package, featuring excellent trading and research tools, industry-leading education, and an extensive range of tradeable markets.
| Feature |
IG
|
IUX
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 99 | 76 |
| Range of Investments |
|
|
| Trading Fees |
|
|
| Trading Platforms |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
IG vs IUX: IG lets you buy actual delivered cryptocurrencies and trade cryptocurrency CFDs, while IUX offers cryptocurrency CFDs only and does not provide access to delivered coins.
IG vs IUX deposits and withdrawals: IG supports ACH/SEPA and PayPal and also accepts bank wires, while IUX supports Skrill and also accepts bank wires; Visa/Mastercard availability is not specified for either broker.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | IG | IUX | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 76 | |
| Winner | check_circle | ||
| Review | IG Review | IUX Review |
| Broker Screenshots | IG | IUX | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
| Regulation | IG | IUX | |
|---|---|---|---|
| Trust Score | 99 | 76 | |
| Year Founded | 1974 | 2016 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 8 | 1 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | IG | IUX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | IG | IUX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | IG | IUX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 19537 | 152 | |
| Forex Pairs (Total) | 97 | 34 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | No | No | |
| Cryptocurrency (Underlying) | Yes | No | |
| Cryptocurrency (CFDs) | 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 | IG | IUX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.91 | 0.86 | |
| All-in Cost EUR/USD - Active | 0.82 | 0.6 | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | IG | IUX | |
|---|---|---|---|
| Minimum Deposit | £1 | $50 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | IG | IUX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | IG | IUX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 33 | 106 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | IG | IUX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | No | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 33 | 106 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | IG | IUX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central | No | No | |
| TipRanks | Yes | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | IG | IUX | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | IG | IUX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | IG Review | IUX Review |
| Overall | IG | IUX | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 76 | |
| Winner | check_circle | ||
| Review | IG Review | IUX Review |
IG
FOREX.com
CMC Markets
XTB
eToro
AvaTrade
Pepperstone
FP Markets
Tickmill