Written by ForexBrokers.com
In this head to head comparison of Libertex (Forex Club) 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 1997, Libertex (Forex Club) offers a long-standing presence in the online trading sector, whereas IUX, established in 2016, is relatively newer to the scene. While neither broker is publicly traded nor operates as a bank, they hold varying regulatory credentials. Libertex (Forex Club) boasts a single Tier-1 license, considered highly trusted, while IUX holds one Tier-2 license, reflecting a 'trusted' status as per ForexBrokers.com ratings.
When assessing their reputation, Libertex (Forex Club) holds a Trust Score of 73, indicating an average risk level according to ForexBrokers.com standards. On the other hand, IUX holds a Trust Score of 69, placing it in the high-risk category. This information may aid investors in making informed decisions based on regulatory trust and broker longevity.
| Feature |
Libertex (Forex Club)
|
IUX
|
|---|---|---|
| Year Founded | 1997 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 0 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
When evaluating online brokers in terms of commissions and fees, Libertex (Forex Club) and IUX offer different experiences that traders should consider. Libertex, though it lacks available average spread data, is rated 3 out of 5 stars for its commissions and fees and is positioned at number 62 out of 63 brokers by ForexBrokers.com. This suggests that while Libertex might have some competitive features, it is generally less favorable in terms of pricing compared to many other brokers.
Conversely, IUX provides various pricing structures depending on the account type selected, making it a more adaptable choice for a wide range of traders. With options like Standard accounts for beginners and Raw or Pro accounts for active traders, IUX caters to differing levels of trading activity. Its Pro account offers an average spread of 0.7 pips on the EUR/USD pair, while the Standard account averages 0.9 pips. The Raw account, focusing on ultra-low spreads, requires a $500 minimum deposit and charges $6 per 100,000 units as a lot commission, equating to a spread of approximately 0.6 pips. IUX has a 4-star rating for commissions and fees, placing it 49th out of 63 brokers, indicating it offers a reasonably competitive pricing model, albeit not the most economical in the industry.
Comparatively, IUX stands out more favorably than Libertex in terms of pricing and flexibility in account offerings. However, when choosing between these brokers, it is important to consider not just the fees and commissions but also factors such as deposit requirements and trading volume. While Libertex may impart straightforwardness, IUX provides a tailored approach, particularly for those who prefer strategically selecting their account types for trading efficiency. Both brokers have unique strengths, making it essential for traders to align their choice with their trading style and budgetary preferences.
| Feature |
Libertex (Forex Club)
|
IUX
|
|---|---|---|
| Minimum Deposit | $10 | 10 |
| Average Spread EUR/USD - Standard | N/A | 0.9 |
| All-in Cost EUR/USD - Active | N/A | 0.6 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investment options available through Libertex (Forex Club) and IUX, both brokers provide forex trading as CFDs or spot contracts. However, Libertex stands out by offering a larger selection of tradeable symbols, with 300 compared to IUX's 152. Libertex provides traders with access to 51 forex pairs, whereas IUX offers 34. When it comes to exchange-traded securities on U.S. or international exchanges, neither broker offers U.S. traded securities, but IUX does provide access to international markets, allowing clients to purchase stocks like Vodafone. In contrast, Libertex does not offer this feature.
Both Libertex and IUX allow trading in cryptocurrency derivatives; however, they do not offer the purchase of actual cryptocurrencies. Libertex also enables copy trading, an option not provided by IUX. In terms of ratings, both brokers receive 3.5 stars for their range of investments. Despite this similarity, Libertex ranks slightly higher than IUX, placed at 53rd out of 63 brokers by ForexBrokers.com, compared to IUX's placement at 60th.
| Feature |
Libertex (Forex Club)
|
IUX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 300 | 152 |
| Forex Pairs (Total) | 51 | 34 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | Yes | No |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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.
Both Libertex (Forex Club) and IUX offer a range of trading platforms and tools designed to meet the needs of modern traders. They provide simulated (paper) trading with a free virtual demo account, allowing users to practice strategies without financial risk. Each broker offers a proprietary platform with both Windows-based desktop download and web-based options for flexibility. While both allow trading directly from stock charts, Libertex (Forex Club) sets itself apart with the inclusion of MetaTrader 4 (MT4) and features like copy trading, which IUX does not offer. However, IUX provides access to MetaTrader 5 (MT5), catering to traders who prefer this advanced platform.
In terms of charting tools, Libertex (Forex Club) offers 30 drawing tools, while IUX provides a comprehensive 89. IUX also excels in the customization of watch lists with 46 columns available, compared to Libertex (Forex Club)’s 7. Despite these differences, Libertex (Forex Club) scores slightly higher in user ratings for Trading Platforms and Tools with 4 stars, compared to IUX's 3.5 stars. In a broader industry ranking, Libertex (Forex Club) holds the #50 spot out of 63 on ForexBrokers.com, whereas IUX is ranked at #59, reflecting their respective strengths in platform and tool offerings.
| Feature |
Libertex (Forex Club)
|
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) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 15 | 106 |
| Charting - Drawing Tools (Total) | 30 | 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 Libertex (Forex Club) and IUX, both platforms provide apps for iPhone and Android users. Libertex distinguishes itself with features like stock and forex price alerts, which aren't available on IUX. Additionally, Libertex allows syncing watchlist symbols between its mobile app and your online account, making it easier to manage your watchlists across platforms. IUX, on the other hand, offers a greater variety of technical studies for charting, with 106 options compared to Libertex's 30. However, IUX lacks the ability to draw trendlines on charts, a feature that Libertex provides. Both brokers support viewing multiple time frames on charts, but IUX uniquely auto-saves drawings on charts.
Both apps allow the creation of watchlists with real-time quotes, meeting basic trading needs. However, Libertex (Forex Club) edges out slightly with a 4-star rating for its mobile trading app compared to IUX's 3.5 stars, and it's ranked 49th versus IUX's 60th place among brokers by ForexBrokers.com. While each app has its strengths, the choice may depend on whether you prioritize comprehensive charting features or real-time management capabilities.
| Feature |
Libertex (Forex Club)
|
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 | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research offerings between Libertex (Forex Club) and IUX, both brokers have their strengths and limitations. Both platforms are comparable when it comes to providing core tools like economic calendars, which display upcoming global news events. However, neither provides daily market commentary or specialized technical analysis tools from partners such as Autochartist or Trading Central. One notable difference is that Libertex stands out by offering forex news from prestigious sources like Bloomberg and Reuters, an advantage over IUX, which does not offer this feature.
Despite their similarities, both brokers receive a three-star rating for research. When ranked by ForexBrokers.com, Libertex sits at #61, slightly trailing behind IUX, which holds the #59 spot among 63 brokers reviewed. This ranking indicates room for improvement in their market research offerings, but they can still cater to users looking for basic features. For traders who prioritize forex news from top-tier outlets, Libertex might be the preferred choice, whereas those who require in-depth research tools may need to look elsewhere.
| Feature |
Libertex (Forex Club)
|
IUX
|
|---|---|---|
| Daily Market Commentary | No | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available for beginners between Libertex (Forex Club) and IUX, it's clear that both platforms have their strengths and limitations. Libertex offers a variety of forex and CFDs educational materials, with more than 10 articles, videos, or archived webinars. However, the platform does not provide regular webinars or a searchable archive of past sessions, which limits interactive learning opportunities. Additionally, while Libertex caters to advanced traders with over 10 educational videos on complex topics, beginners might find their video resources lacking in introductory content. Despite an array of advanced material, Libertex lacks an investor dictionary, potentially leaving newcomers without a handy reference for key trading terms.
Conversely, IUX focuses more on creating accessible content for beginners, evident from its collection of over 10 beginner-focused trading videos. While this is beneficial for novice traders seeking foundational knowledge, IUX does not quite match Libertex in terms of advanced educational content, as it lacks a wide selection for experienced traders. Much like Libertex, IUX doesn't schedule regular client webinars or archive them for later viewing, nor does it provide an investor dictionary. According to ForexBrokers.com, both brokers are rated 3 stars for their educational offerings, with Libertex slightly ahead in rankings, positioned at #57 out of 63, while IUX is placed at #59. This highlights that while both provide some quality resources, there's room for improvement regarding their educational support for traders.
| Feature |
Libertex (Forex Club)
|
IUX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | No | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Libertex (Forex Club) is better than IUX. Libertex (Forex Club) finished with an overall rank of #60, while IUX finished with an overall rank of #63.
Forex Club is a long-standing MetaTrader broker offering forex and CFDs, along it's more recently launched Libertex brand catering to the EU market with a proprietary web platform. The biggest issue with Libertex (Forex Club) is the few regulatory licenses it holds, which bring down its Trust Score, compared to the most trusted brokers.
| Feature |
Libertex (Forex Club)
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IUX
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| Overall Rating |
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| Trust Score | 73 | 69 |
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When comparing online brokers Libertex (Forex Club) and IUX, both platforms do not offer the option to buy actual (delivered) cryptocurrency, but they do provide the ability to trade cryptocurrency derivatives.
When comparing online brokers, Libertex (Forex Club) stands out by offering ACH and SEPA transfers, PayPal, and Skrill for depositing or withdrawing funds, although it lacks Visa or Mastercard options; whereas IUX does not provide ACH, SEPA, or PayPal options but does support deposits and withdrawals via Visa, Mastercard, Skrill, and bank wires.
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 | Libertex (Forex Club) | IUX | |
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| Trust Score | 73 | 69 | |
| Winner | check_circle | ||
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| Broker Screenshots | Libertex (Forex Club) | IUX | |
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| Research Gallery (click to expand) | |||
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| Regulation | Libertex (Forex Club) | IUX | |
|---|---|---|---|
| Trust Score | 73 | 69 | |
| Year Founded | 1997 | 2016 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 1 | 0 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Libertex (Forex Club) | 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). | Yes | No |
| Tier-2 Licenses (Trusted) | Libertex (Forex Club) | IUX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Libertex (Forex Club) | IUX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 300 | 152 | |
| Forex Pairs (Total) | 51 | 34 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | Libertex (Forex Club) | IUX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 0.9 | |
| All-in Cost EUR/USD - Active | N/A | 0.6 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Libertex (Forex Club) | IUX | |
|---|---|---|---|
| Minimum Deposit | $10 | 10 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | Libertex (Forex Club) | 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) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Libertex (Forex Club) | IUX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 46 | |
| Charting - Indicators / Studies (Total) | 15 | 106 | |
| Charting - Drawing Tools (Total) | 30 | 89 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | Libertex (Forex Club) | 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 | No | Yes | |
| Mobile Economic Calendar | Yes | No |
| Research | Libertex (Forex Club) | IUX | |
|---|---|---|---|
| Daily Market Commentary | No | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Libertex (Forex Club) | IUX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | No | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | Libertex (Forex Club) | 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 | Libertex (Forex Club) | IUX | |
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| Trust Score | 73 | 69 | |
| Winner | check_circle | ||
| Review |
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