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 available investments, IG clearly offers the wider choice. It provides access to 19,537 tradeable symbols and 97 forex pairs, compared with IUX’s 152 symbols and 34 forex pairs. Both brokers offer forex trading as a CFD or spot contract, and both let clients trade cryptocurrency CFDs. Each also offers exchange-traded securities on international markets, but only IG gives access to U.S.-listed shares such as Apple, and it also allows clients to buy actual cryptocurrency rather than just a CFD.
For investors who want more markets in one place, IG stands out as the stronger option. It earns a 5-star rating for Range of Investments and ranks #4 out of 36 brokers in this category, while IUX is rated 3.5 stars and ranks #36. Neither broker offers copy trading, but IG’s broader mix of assets and larger product selection make it the better fit for traders looking for more 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 solid set of platform choices, including a free demo account, a proprietary platform, a Windows desktop app, and a web-based platform. Each also lets users trade directly from charts, which is useful for placing orders quickly while watching price moves. Neither broker offers copy trading, so if that feature matters to you, neither one has the edge there.
The biggest difference is in third-party platform support and overall platform ratings. IG supports both MetaTrader 4 and MetaTrader 5, while IUX offers MetaTrader 5 only. IG also stands out with a 5-star rating for Trading Platforms and Tools and a #1 ranking out of 36 brokers from ForexBrokers.com, compared with IUX’s 3.5-star rating and #36 ranking. For traders who want more platform options and a stronger overall tools setup, IG comes out ahead.
| 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.
When comparing IG and IUX for mobile trading, both brokers offer iPhone and Android apps, so you can trade on the go with either one. IG stands out for its extra app features, including stock and forex price alerts, watchlist symbol syncing between mobile and your online account, and the ability to draw trendlines on charts. Its mobile app also auto-saves drawings, making it easier to keep working where you left off.
IUX does have a wider list of technical studies in its mobile charting tools, with 106 compared with IG’s 33, and it also auto-saves chart drawings. However, it does not offer price alerts, watchlist syncing, or trendline drawing in the app. Overall, IG is the stronger choice for mobile trading apps, with a 5-star rating and a #1 ranking from ForexBrokers.com, while IUX scores 3.5 stars and ranks #36 out of 36 brokers.
| 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 stronger choice by a wide margin. IG offers daily market commentary, forex news from major sources like Bloomberg and Reuters, Autochartist tools, sentiment data showing long and short positions, TipRanks research, Acuity Trading tools, and an economic calendar. This gives traders more ways to follow market moves, study price action, and stay on top of global events. By comparison, IUX offers only an economic calendar, with no daily commentary, no top-tier news feed, and no extra research tools from providers such as Autochartist, TipRanks, or Acuity Trading.
The ratings and rankings reflect this gap clearly. IG is rated 5 stars for Research and is ranked #2 out of 36 brokers by ForexBrokers.com, while IUX is rated 3 stars and ranked #36. For traders who want more market insight and better research support, IG offers a much fuller package 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 learning resources for beginners, IG is the stronger choice overall. It offers forex and CFD education with at least 10 learning pieces on those topics, runs online client webinars at least once a month, and provides 10 or more beginner videos as well as 10 or more advanced videos. That depth of content helps new traders get started while also giving more experienced users room to keep learning. IG is rated 5 stars for Education and ranks #7 out of 36 brokers in the Education category at ForexBrokers.com.
IUX also gives beginners a place to start, with at least 10 beginner trading videos, but it falls behind IG in other key areas. Based on the information provided, IUX does not offer monthly educational webinars, does not have 10 or more advanced educational videos, and is rated 3 stars for Education. It also ranks #36 out of 36 brokers for the Education category at ForexBrokers.com, so while it covers some basics, IG offers a much wider and more complete learning experience.
| 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 #36.
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
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IUX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 76 |
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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.
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0 of 5| Overall Rating | IG | IUX | |
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| Trust Score | 99 | 76 | |
| Winner | check_circle | ||
| Review | IG Review | IUX Review |
| Broker Screenshots | IG | IUX | |
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| Broker Gallery (click to expand) |
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| 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 | |
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| Trust Score | 99 | 76 | |
| Winner | check_circle | ||
| Review | IG Review | IUX Review |
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