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Interactive Brokers vs IUX 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

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

Interactive Brokers
5/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 99
  • Tradeable Symbols (Total): 8500
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 Interactive Brokers and IUX, several key differences stand out, particularly in terms of trust and regulatory credentials. Interactive Brokers, established in 1977 and publicly traded, boasts a ForexBrokers.com Trust Score of 99, indicating a high degree of trust. It holds 9 Tier-1 licenses, which are highly respected, and 2 Tier-2 licenses, reflecting its solid regulatory standing. Despite not being a bank, Interactive Brokers remains a dependable choice for traders.

In contrast, IUX, founded in 2016, is not publicly traded but still offers competitive trading services. However, its Trust Score of 78 indicates an average risk. IUX holds only 1 Tier-1 license and 1 Tier-2 license, suggesting it may not provide the same level of regulatory reassurance as its counterpart. While both brokers serve as non-banking trading platforms, the distinction in trust and regulatory status is noteworthy for potential users considering which platform to choose.

Feature Interactive Brokers logoInteractive Brokers
IUX logoIUX
Year Founded info 1977 2016
Publicly Traded (Listed) info Yes No
Bank info No No
Tier-1 Licenses info 9 1
Tier-2 Licenses info 2 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 1

Fees

Interactive Brokers and IUX offer different pricing models tailored to various trading needs. Interactive Brokers is particularly noted for its competitive forex trading fees, which start at 0.00002 (0.2 basis points) of the U.S. dollar trade value, with a minimum fee of $2 per order. This can reduce to 0.08 basis points for highly active traders. The broker charges between $16 and $40 per million round turn in forex and provides discounts for trading volumes exceeding $1 billion per month. Interactive Brokers aggregates prices from 17 major interbank forex dealers, aiming for optimal execution. It holds an impressive rating of 5 stars for commissions and fees, ranking #2 out of 63 brokers according to ForexBrokers.com.

On the other hand, IUX provides pricing based on different account types. Their Standard and Standard+ accounts have a low entry barrier with a $10 minimum deposit, but they differ in terms of spreads and bonus promotions. For active traders, IUX offers Raw and Pro accounts with a $500 minimum deposit. The Raw account features tight spreads with a $6 commission per standard lot, while the Pro account offers lower spreads without an additional commission. With average spreads reaching 0.6 pips for the Raw account, IUX provides competitive pricing for smaller brokers but lacks the edge of industry leaders. It has a 4-star rating for commissions and fees, placing it at #49 out of 63 brokers in the same category.

In summary, Interactive Brokers excels for larger, high-volume traders seeking lower all-in costs, whereas IUX presents an appealing option for smaller-scale traders with varied account requirements. Both brokers offer strengths that cater to different types of traders, with Interactive Brokers leading in global pricing competitiveness and IUX providing versatile options for budget-conscious clients.

Feature Interactive Brokers logoInteractive Brokers
IUX logoIUX
Minimum Deposit info $0 10
Average spread (EUR/USD) - Standard account info 0.59 info 0.9
All-in Cost EUR/USD - Active info 0.65 info 0.6
Non-wire bank transfer info Yes No
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info No Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

For range of investments, Interactive Brokers clearly offers more choice than IUX. Interactive Brokers lists about 8,500 tradeable symbols and 90 forex pairs, while IUX provides 152 symbols and 34 forex pairs. Both let you trade forex as CFDs or spot. In independent testing, Interactive Brokers earned 5 stars and ranked #1 out of 63 brokers for Range of Investments on ForexBrokers.com, whereas IUX received 3.5 stars and ranked #61.

Access to assets also differs. Interactive Brokers lets clients buy exchange-traded securities on U.S. exchanges (such as Apple) and on many international exchanges, while IUX supports international exchange-traded securities but not U.S.-listed shares. For digital assets, Interactive Brokers offers both actual (delivered) cryptocurrency and crypto CFDs; IUX offers crypto CFDs only. Neither broker supports copy trading. If you want the widest selection and direct access to U.S. stocks and actual crypto, Interactive Brokers is the stronger pick; IUX may suit traders focused on a simpler lineup with CFDs and select international shares.

Feature Interactive Brokers logoInteractive Brokers
IUX logoIUX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 8500 152
Forex Pairs (Total) info 90 34
U.S. Stocks (Shares) info Yes No
Global Stocks (Non-U.S. Shares) info Yes Yes
Copy Trading info No No
Cryptocurrency (Underlying) info Yes No
Cryptocurrency (CFDs) 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

Interactive Brokers and IUX both check key boxes for trading platforms and tools. Each broker offers free paper trading (demo accounts), in-house platforms, a Windows desktop download, and a web-based platform. You can place trades directly from charts with both, and neither supports copy trading.

Where they differ is third-party platform support: IUX offers MetaTrader 5 (MT5), while Interactive Brokers does not support MT4 or MT5. If you need MT5, IUX has the edge. For overall platform quality, Interactive Brokers is the standout, earning 5 out of 5 stars and ranking #3 of 63 brokers for Trading Platforms and Tools at ForexBrokers.com; IUX scores 3.5 out of 5 stars and ranks #60 of 63. Choose Interactive Brokers for top-rated in-house tools, or IUX if MT5 is a must-have.

Feature Interactive Brokers logoInteractive Brokers
IUX logoIUX
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info No No
MetaTrader 4 (MT4) info No No
MetaTrader 5 (MT5) info No Yes
Charting - Indicators / Studies (Total) info 155 106
Charting - Trade From Chart info Yes Yes

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

Forex trading apps

Interactive Brokers and IUX both offer mobile trading apps for iPhone and Android. Interactive Brokers stands out with price alerts and watchlist syncing with your online account, while IUX lacks both. For charting, IUX lists 106 technical studies versus 97 at Interactive Brokers. However, Interactive Brokers lets you draw trendlines in the app, which IUX does not. If you rely on saving chart markups, IUX auto-saves drawings, whereas Interactive Brokers does not.

In overall quality, Interactive Brokers earns 5 stars and ranks #4 out of 63 brokers for Mobile Trading Apps at ForexBrokers.com. IUX holds 3.5 stars and ranks #61. Choose Interactive Brokers if alerts, synced watchlists, and drawing tools matter most. Consider IUX if you want a larger set of built-in studies and automatic saving of drawings and can go without alerts and syncing.

Feature Interactive Brokers logoInteractive Brokers
IUX logoIUX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes No
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 97 106
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Trendlines Autosave info No Yes

Dive deeper: Best Forex Trading Apps.

Market research

Interactive Brokers outshines IUX for market research. IB delivers daily market commentary and forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones. It also includes Trading Central tools for technical analysis, a sentiment indicator showing long/short positioning, TipRanks stock research, and Acuity Trading signals. Both brokers provide an economic calendar, and neither offers Autochartist.

These differences are reflected in independent ratings: Interactive Brokers earns 5 stars for Research and ranks #3 out of 63 brokers at ForexBrokers.com, while IUX holds 3 stars and ranks #60. If you want extensive news, analysis, and trade ideas, Interactive Brokers is the stronger choice; IUX may suit traders who only need an economic calendar and basic market context.

Feature Interactive Brokers logoInteractive Brokers
IUX logoIUX
Daily Market Commentary (Articles) info Yes No
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central info Yes No
Client sentiment data info Yes No
TipRanks info Yes No
Acuity Trading info Yes No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

For beginners who want clear trading education, Interactive Brokers stands out over IUX. Both brokers offer at least 10 beginner-friendly videos that explain core trading topics, but Interactive Brokers adds monthly live client webinars and a deeper library for experienced traders with 10+ advanced videos. IUX does not host regular webinars and lacks an advanced video catalog of that size, making it better suited to basic learning needs rather than a full learning journey.

Independent ratings reflect this gap: Interactive Brokers earns 5 stars for Education and ranks #3 out of 63 brokers, while IUX holds 3 stars and ranks #60. If you want ongoing webinars and room to grow from beginner to advanced topics, Interactive Brokers is the stronger choice. If you only need starter videos to learn the basics, IUX can cover that foundation.

Feature Interactive Brokers logoInteractive Brokers
IUX logoIUX
Webinars info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos 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 Interactive Brokers is better than IUX. Interactive Brokers finished with an overall rank of #2, while IUX finished with an overall rank of #55.

Interactive Brokers is a highly trusted multi-asset broker with an extensive offering of tradeable global markets. It delivers competitive fees and high-quality research and education, as well as a modern, institutional-grade trading platform suite.

Feature Interactive Brokers logoInteractive Brokers
IUX logoIUX
Overall Rating info 5/5 Stars 3.5/5 Stars
Trust Score info 99 78
Range of Investments 5/5 Stars 3.5/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Platforms & Tools 5/5 Stars 3.5/5 Stars
Research 5/5 Stars 3/5 Stars
Mobile Trading 5/5 Stars 3.5/5 Stars
Education 5/5 Stars 3/5 Stars

FAQs

Can you trade cryptocurrency with Interactive Brokers or IUX?

Comparing Interactive Brokers vs IUX: Interactive Brokers supports buying real, delivered cryptocurrency and crypto CFDs, whereas IUX does not offer actual crypto purchases and limits cryptocurrency trading to CFDs.

What funding options does each broker offer?

Interactive Brokers vs IUX: for deposit and withdrawal methods, Interactive Brokers supports ACH/SEPA and bank wires but not PayPal or Skrill, while IUX supports Skrill and bank wires but not ACH/SEPA or PayPal; Visa/Mastercard availability is not specified for either broker.




announcementPlease 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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Compare

0 of 5
Overall Rating Interactive Brokers IUX
Overall Rating info 5/5 Stars 3.5/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 5/5 Stars 3.5/5 Stars
Mobile Trading 5/5 Stars 3.5/5 Stars
Research 5/5 Stars 3/5 Stars
Education 5/5 Stars 3/5 Stars
Trust Score info 99 78
Winner check_circle
Review Interactive Brokers Review IUX Review
Broker Screenshots Interactive Brokers IUX
Broker Gallery (click to expand) info
Regulation Interactive Brokers IUX
Trust Score info 99 78
Year Founded info 1977 2016
Publicly Traded (Listed) info Yes No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No
Tier-1 Licenses info 9 1
Tier-2 Licenses info 2 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 1
Tier-1 Licenses (Highly Trusted) Interactive Brokers IUX
Australia (ASIC Authorised) info Yes Yes
Canada (CIRO Authorised) info Yes No
Hong Kong (SFC Authorised) info Yes No
Japan (FSA Authorised) info Yes No
Singapore (MAS Authorised) info Yes No
Switzerland (FINMA Authorised) info Yes No
United Kingdom (U.K.) (FCA Authorised) info Yes No
USA (CFTC Authorized) info Yes 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) Interactive Brokers 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 Yes No
India (SEBI Authorised) info Yes No
Jordan (JSC Authorised) info No
Investments Interactive Brokers IUX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 8500 152
Forex Pairs (Total) info 90 34
U.S. Stocks (Shares) info Yes No
Global Stocks (Non-U.S. Shares) info Yes Yes
Copy Trading info No No
Cryptocurrency (Underlying) info Yes No
Cryptocurrency (CFDs) 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 Interactive Brokers IUX
Average spread (EUR/USD) - Standard account info 0.59 info 0.9
All-in Cost EUR/USD - Active info 0.65 info 0.6
Inactivity Fee info No Yes
Order execution: Agency info Yes No
Order execution: Market Maker info No Yes
Funding Interactive Brokers IUX
Minimum Deposit info $0 10
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info No Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Non-wire bank transfer info Yes No
Trading Platforms Interactive Brokers IUX
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info No No
MetaTrader 4 (MT4) info No No
MetaTrader 5 (MT5) info No Yes
cTrader info No No
Trading Tools Interactive Brokers IUX
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 155 106
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes No
Mobile Trading Interactive Brokers IUX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes No
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 97 106
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Trendlines Autosave info No Yes
Mobile Research - Economic Calendar info Yes No
Research Interactive Brokers IUX
Daily Market Commentary (Articles) info Yes No
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central info Yes No
TipRanks info Yes No
Client sentiment data info Yes No
Economic Calendar info Yes Yes
Education Interactive Brokers IUX
Webinars info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Major Forex Pairs Interactive Brokers IUX
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review Interactive Brokers Review IUX Review
Overall Interactive Brokers IUX
Overall Rating info 5/5 Stars 3.5/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 5/5 Stars 3.5/5 Stars
Mobile Trading 5/5 Stars 3.5/5 Stars
Research 5/5 Stars 3/5 Stars
Education 5/5 Stars 3/5 Stars
Trust Score info 99 78
Winner check_circle
Review Interactive Brokers Review IUX Review
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