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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 info 0.59 info 0.9
All-in Cost EUR/USD - Active info 0.65 info 0.6
Active Trader or VIP Discounts info Yes Yes
ACH or SEPA Transfers info Yes No
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info No Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

When it comes to range of investments, Interactive Brokers (IBKR) outpaces IUX. Both brokers support forex trading as CFDs and spot, but IBKR lists about 8,500 tradeable symbols and 90 forex pairs, while IUX offers 152 symbols and 34 pairs. IBKR clients can buy exchange-traded securities on U.S. exchanges as well as on international exchanges. IUX offers exchange-traded securities on international markets but not on U.S. exchanges.

For crypto access, IBKR lets you buy actual delivered cryptocurrencies and crypto derivatives, whereas IUX limits crypto to derivatives only. Neither broker offers copy trading. Reflecting its wider lineup, ForexBrokers.com rates Interactive Brokers 5 out of 5 stars and ranks it #1 of 63 brokers for Range of Investments. IUX earns 3.5 out of 5 stars and ranks #61 of 63.

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. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes Yes
Social Trading / Copy Trading info No No
Cryptocurrency (Physical) info Yes 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

Comparing Interactive Brokers and IUX on trading platforms and tools: both provide free paper trading demo accounts, proprietary platforms, Windows desktop downloads, web-based platforms, and the ability to trade right from charts. Neither supports copy trading, MT4, DupliTrade, or ZuluTrade, while only IUX offers MT5. In independent testing by ForexBrokers.com, Interactive Brokers earns 5 stars and ranks #3 out of 63 brokers for Platforms and Tools, while IUX earns 3.5 stars and ranks #60.

For charting, IUX lists slightly more drawing tools (89) than Interactive Brokers (85). Where Interactive Brokers clearly pulls ahead is watchlist depth, offering 659 columns compared with IUXโ€™s 46. If you want MT5 access and a solid set of drawing tools, IUX fits the bill. If you value extensive watchlist fields and top-tier platform ratings, Interactive Brokers is the stronger choice.

Feature Interactive Brokers logoInteractive Brokers
IUX logoIUX
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info No No
MetaTrader 4 (MT4) info No No
MetaTrader 5 (MT5) info No Yes
DupliTrade info No No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 155 106
Charting - Drawing Tools (Total) info 85 89
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 659 46

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 with real-time quote watchlists. Key differences stand out: Interactive Brokers supports price alerts and syncs watchlists with your online account, while IUX lacks both features. According to ForexBrokers.com, Interactive Brokers earns 5 stars and ranks #4 out of 63 brokers for Mobile Trading Apps, whereas IUX holds 3.5 stars and ranks #61.

For charting, IUX lists 106 technical studies compared with 97 on Interactive Brokers. However, Interactive Brokers lets you draw trendlines, which IUX does not. Both apps allow multiple time frames. If you draw on charts frequently, note that IUX auto-saves drawings, while Interactive Brokers does not. Traders who want alerts, synced watchlists, and trendlines may lean toward Interactive Brokers, while those who prioritize a larger set of studies and auto-save may prefer IUX.

Feature Interactive Brokers logoInteractive Brokers
IUX logoIUX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes No
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 97 106
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No Yes
Mobile Watchlist info Yes 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 info Yes No
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central (Recognia) info Yes No
Social Sentiment - Currency Pairs info Yes No
TipRanks info Yes No
Signal Centre (Acuity Trading) info Yes No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

Interactive Brokers vs IUX for beginner education: Interactive Brokers clearly offers more ways to learn. It provides at least 10 forex and CFD pieces (articles, videos, or archived webinars), runs client webinars at least monthly, and keeps a searchable archive so you can learn on your schedule. Both brokers offer at least 10 beginner-friendly videos, but Interactive Brokers goes further with at least 10 advanced videos and an investor dictionary with 50+ termsโ€”resources IUX does not offer. IUX also lacks dedicated forex/CFD education, live webinars, and a webinar archive, which limits ongoing learning for new traders.

Ratings and rankings reflect the gap. Interactive Brokers earns 5 stars for Education and ranks #3 out of 63 brokers at ForexBrokers.com. IUX earns 3 stars and ranks #60 out of 63. If you want a deep learning path with live sessions, advanced topics, and a handy glossary, Interactive Brokers is the stronger choice. If you only need basic beginner videos, IUX can cover the essentials but offers far fewer extras for growing your skills.

Feature Interactive Brokers logoInteractive Brokers
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 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?

Interactive Brokers allows for the purchase of actual cryptocurrency and offers cryptocurrency derivatives, whereas IUX only provides access to cryptocurrency derivatives without the ability to buy actual cryptocurrency.

What funding options does each broker offer?

Interactive Brokers supports ACH, SEPA, and bank wire transfers, but lacks PayPal, Skrill, and card options, whereas IUX offers Skrill, Visa, and Mastercard, but does not support ACH or SEPA, while both support bank wire transfers.




announcementPlease note:

We review each brokerโ€™s overall global offering โ€“ a โ€œYesโ€ 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 (SFC 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. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes Yes
Social Trading / Copy Trading info No No
Cryptocurrency (Physical) info Yes 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 Interactive Brokers IUX
Average Spread EUR/USD - Standard info 0.59 info 0.9
All-in Cost EUR/USD - Active info 0.65 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 No Yes
Funding Interactive Brokers IUX
Minimum Deposit info $0 10
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info No Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info Yes No
Trading Platforms Interactive Brokers IUX
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info No No
MetaTrader 4 (MT4) info No No
MetaTrader 5 (MT5) info No Yes
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools Interactive Brokers IUX
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 659 46
Charting - Indicators / Studies (Total) info 155 106
Charting - Drawing Tools (Total) info 85 89
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 Alerts - Basic Fields info Yes No
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 97 106
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No Yes
Mobile Economic Calendar info Yes No
Research Interactive Brokers IUX
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central (Recognia) info Yes No
TipRanks info Yes No
Social Sentiment - Currency Pairs info Yes No
Economic Calendar info Yes Yes
Education Interactive Brokers 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 Interactive Brokers 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 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
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Review Interactive Brokers Review IUX Review
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