Written by ForexBrokers.com
In this head to head comparison of RoboForex 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.
RoboForex, established in 2009, maintains a presence in the online brokerage industry marked by a Trust Score of 73 out of 99, placing it in the average risk category according to ForexBrokers.com. The company holds one Tier-1 regulatory license, suggesting a level of trust from top financial authorities. RoboForex is not publicly traded and does not operate as a bank, which is typical for many online brokers.
In comparison, IUX, which entered the market in 2016, has a slightly lower Trust Score of 69, indicating a high risk level. While IUX holds one Tier-2 license, it does not possess any Tier-1 licenses, making its regulatory standing less compelling than RoboForex's. Like RoboForex, IUX is neither publicly traded nor a bank. Both brokers offer platforms for traders, but their different regulatory standings may influence a trader's choice based on their risk comfort levels.
| Feature |
RoboForex
|
IUX
|
|---|---|---|
| Year Founded | 2009 | 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 | 2 | 1 |
RoboForex and IUX both offer a range of account options, yet their commissions and fees differ significantly. RoboForex, with average spreads of 1.3 pips for EUR/USD on its Procent and Pro accounts, is on the higher side when it comes to trading costs. This approach makes RoboForex less appealing for traders seeking low-cost trading opportunities. RoboForex's commission and fees are rated 3.5 stars out of five, ranking 55th out of 63 brokers by ForexBrokers.com for the Commissions and Fees category.
In contrast, IUX provides a more flexible pricing structure based on account type, catering to both casual and active traders. Standard accounts, with a $10 minimum deposit, offer options between wider spreads with bonus benefits or tighter spreads without bonuses. For more active traders, IUX's Raw account combines lower spreads with a $6 commission per standard lot, while the Pro account remains commission-free with competitive spreads. This variety offers clients the ability to choose what suits their strategy and trading volume the best. IUX earns a higher rating of 4 stars, ranking 49th out of 63 brokers for commissions and fees.
IUX's competitive pricing positions it as a viable option, especially with average spreads as low as 0.6 pips on its Raw account. However, like RoboForex, it does not lead the industry in lowest-cost offerings. Traders should carefully consider their own trading needs and goals when choosing between these brokers, weighing factors such as spreads, commissions, and deposit requirements to find the best fit.
| Feature |
RoboForex
|
IUX
|
|---|---|---|
| Minimum Deposit | $100 | 10 |
| Average Spread EUR/USD - Standard | 1.3 | 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) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to the range of investment options, RoboForex and IUX offer distinct opportunities. RoboForex stands out with a vast selection of 8,400 tradeable symbols, providing traders with a diverse array of markets to explore. Although both platforms support forex trading as a CFD or spot contract, RoboForex caters to forex enthusiasts with 28 tradeable pairs, while IUX offers a slightly higher number with 34 pairs. However, in terms of access to global equities, RoboForex does not provide exchange-traded securities on either U.S. or international markets, while IUX distinguishes itself by allowing clients to invest in international equities, such as Vodafone shares on the London Stock Exchange. Furthermore, RoboForex offers copy trading, favoring beginners and those looking to replicate the strategies of successful traders, a feature not available with IUX.
Both brokers lack the option to buy actual cryptocurrencies outright but offer trading through cryptocurrency derivatives. For those evaluating the depth of each broker's investment range, RoboForex earns a 4.5-star rating compared to IUX's 3.5 stars. According to ForexBrokers.com, RoboForex is ranked #20 out of 63 brokers for its range of investments, indicating a strong standing, while IUX trails behind at #60. This analysis highlights RoboForex’s robust market access and advanced trading features that may appeal more to traders seeking a wide variety of investment opportunities, despite IUX's advantage in offering some direct stock investments.
| Feature |
RoboForex
|
IUX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8400 | 152 |
| Forex Pairs (Total) | 28 | 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.
When comparing trading platforms and tools between RoboForex and IUX, both brokers offer simulated (paper) trading with free virtual demo accounts, providing a hands-on opportunity for traders to practice without financial risk. While RoboForex does not have a proprietary trading platform, IUX sets itself apart by offering one. Both brokers provide Windows-based desktop and web-based platforms, giving traders the flexibility to trade from different environments. RoboForex distinguishes itself with copy trading and the integration of MetaTrader 4 (MT4), in addition to MetaTrader 5 (MT5), whereas IUX includes only MT5 in its offerings.
In terms of charting tools, RoboForex provides a more limited selection with 15 drawing tools compared to IUX’s extensive suite of 89. RoboForex allows trading directly from stock charts, similar to IUX. They differ significantly in watch list customization, with RoboForex offering seven columns versus IUX's 46. Despite these differences, RoboForex is rated slightly higher at 4 stars for trading platforms and tools compared to IUX’s 3.5 stars. This is reflected in their respective rankings by ForexBrokers.com, where RoboForex is positioned at #43 and IUX at #59 out of 63 brokers in the Trading Platforms and Tools category.
| Feature |
RoboForex
|
IUX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 106 |
| Charting - Drawing Tools (Total) | 15 | 89 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 46 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both RoboForex and IUX offer mobile trading apps compatible with iPhone and Android devices, ensuring accessibility for traders on the go. While both apps allow the creation of watchlists with real-time quotes, only RoboForex provides stock and forex price alerts, giving users an extra edge in staying up-to-date with market changes. Both platforms lack watchlist symbol syncing, which means changes made on mobile will not reflect on the desktop version automatically. When it comes to charting tools, RoboForex offers 30 technical studies compared to IUX's impressive offering of 106, and although both apps support viewing multiple time frames, only RoboForex allows users to draw trendlines on their charts, a feature not available in IUX's app.
On the user experience front, both apps automatically save drawings on charts, adding a layer of convenience. However, RoboForex edges out IUX in mobile trading performance with a rating of 4 stars compared to IUX's 3.5 stars. On ForexBrokers.com, among 63 brokers, RoboForex's app ranks #43, while IUX stands at #60, making RoboForex a more favorable option for traders prioritizing advanced features in their mobile trading experience.
| Feature |
RoboForex
|
IUX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 106 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing market research offerings between RoboForex and IUX, RoboForex shows a distinct advantage. RoboForex provides daily market commentary and delivers forex news sourced from top-tier financial news services like Bloomberg and Reuters, while IUX does not offer these features. Furthermore, RoboForex includes analytical tools from Trading Central and Acuity Trading, enhancing their ability to provide valuable insights for traders. Both platforms lack contributions from Autochartist and sentiment-based trading tools, but RoboForex's additional resources provide traders with more comprehensive research options. Both platforms offer an economic calendar for tracking global economic events, helping traders stay informed about upcoming developments that might affect markets.
In terms of ratings and rankings, RoboForex scores higher in research efficiency with a 3.5-star rating compared to IUX’s 3-star rating. This difference is reflected in their respective ranks by ForexBrokers.com, where RoboForex stands at #37 out of 63 brokers, considerably ahead of IUX, which is ranked #59. This comparison highlights RoboForex as a more resourceful option for traders seeking detailed market research and reliable financial news, making it a preferable choice over IUX for those prioritizing research capabilities in an online broker.
| Feature |
RoboForex
|
IUX
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When evaluating online brokers for educational resources beneficial to beginners, RoboForex and IUX both have limited offerings. Neither broker provides a comprehensive set of educational materials focusing on forex or CFDs, such as articles, videos, or archived webinars. Additionally, both platforms fall short when it comes to hosting regular educational client webinars and maintaining a searchable archive for previously recorded sessions. While IUX stands out for having at least 10 beginner-focused educational videos, both brokers lack similar resources for advanced traders. Furthermore, neither of them offers an investor dictionary with definitions of key investing terms, potentially leaving beginners without a crucial resource for understanding trading language.
Despite these limitations, RoboForex receives a slightly higher education rating of 3.5 stars compared to IUX's 3 stars. In the broader market of 63 brokers assessed by ForexBrokers.com, RoboForex is ranked at #56 for education, placing it slightly ahead of IUX, which holds the #59 spot. Although these rankings indicate some distinctions in educational value, both brokers have similar opportunities for improvement in enhancing their educational support for new traders.
| Feature |
RoboForex
|
IUX
|
|---|---|---|
| Education (Forex or CFDs) | No | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | No | Yes |
| Videos - Advanced Trading Videos | No | 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 RoboForex is better than IUX. RoboForex finished with an overall rank of #46, while IUX finished with an overall rank of #63.
RoboForex (RoboMarkets in the EU) has amassed 12,000 symbols that you can trade across its MetaTrader and cTrader platforms, as well as a stock trading app. That said, with just a few regulatory licenses, the RoboForex and its RoboMarkets brands trail behind the best forex brokers when it comes to their Trust Score.
| Feature |
RoboForex
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IUX
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| Overall Rating |
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| Trust Score | 73 | 69 |
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Both RoboForex and IUX do not provide the option to buy actual delivered cryptocurrency, but they do offer the ability to purchase cryptocurrency derivatives.
In comparing the online brokers RoboForex and IUX, RoboForex provides a broader range of deposit and withdrawal options, including ACH, SEPA, and PayPal, alongside Visa, Mastercard, Skrill, and bank wire transfers, whereas IUX supports Visa, Mastercard, Skrill, and bank wire transfers but lacks ACH, SEPA, and PayPal options.
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 | RoboForex | IUX | |
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| Trust Score | 73 | 69 | |
| Winner | check_circle | ||
| Review | RoboForex Review |
| Broker Screenshots | RoboForex | IUX | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
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| Regulation | RoboForex | IUX | |
|---|---|---|---|
| Trust Score | 73 | 69 | |
| Year Founded | 2009 | 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 | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | RoboForex | 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) | RoboForex | 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 | RoboForex | IUX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8400 | 152 | |
| Forex Pairs (Total) | 28 | 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 | RoboForex | IUX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.3 | 0.9 | |
| All-in Cost EUR/USD - Active | N/A | 0.6 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | RoboForex | IUX | |
|---|---|---|---|
| Minimum Deposit | $100 | 10 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | RoboForex | IUX | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | RoboForex | IUX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 46 | |
| Charting - Indicators / Studies (Total) | 30 | 106 | |
| Charting - Drawing Tools (Total) | 15 | 89 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | RoboForex | IUX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 106 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | No |
| Research | RoboForex | IUX | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | RoboForex | IUX | |
|---|---|---|---|
| Education (Forex or CFDs) | No | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | No | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | RoboForex | 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 | RoboForex Review |
| Overall | RoboForex | IUX | |
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| Trust Score | 73 | 69 | |
| Winner | check_circle | ||
| Review | RoboForex Review |
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