Written by ForexBrokers.com
In this head to head comparison of Spreadex 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.
When comparing online brokers Spreadex and IUX, both have made efforts to establish trust, yet their approaches differ. Founded in 1999, Spreadex holds one Tier-1 license, earning it a Trust Score of 71 out of 99 on ForexBrokers.com, which places it in the average risk category. As a private company that is not a bank or publicly traded, Spreadex has been around longer than IUX, but it carries a higher perceived risk based on trust ratings.
On the other hand, IUX entered the scene in 2016 and holds both a Tier-1 and a Tier-2 license. It achieves a Trust Score of 78, also categorizing it as average risk but slightly more trusted than Spreadex. Like Spreadex, IUX operates as a private entity without ties to a bank or stock exchange listing. Each broker presents its own blend of trust and risk factors, giving potential users distinct options to consider based on their preferences for regulatory comfort.
| Feature |
Spreadex
|
IUX
|
|---|---|---|
| Year Founded | 1999 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
Spreadex keeps pricing straightforward: during January 2024, EUR/USD spreads averaged 0.81 pips, with a 0.6-pip minimum reached 60% of the time. For commissions and fees, Spreadex is rated 4 out of 5 stars and ranks 28th out of 63 brokers by ForexBrokers.com.
IUX bases costs on account type. Standard and Standard+ accounts need just a $10 minimum deposit; Standard+ allows deposit bonuses but has wider spreads, while Standard offers lower spreads without promos. For active traders, the Pro and Raw accounts require $500. Pro is spread-only with an average EUR/USD spread of 0.7 pips, while Standard averages 0.9 pips. Raw advertises the tightest spreads but charges a $6 commission per 100,000 units (one standard lot); once you convert that commission to pips, the effective average spread is about 0.6 pips. IUX is rated 4 out of 5 stars for commissions and fees and ranks 49th out of 63.
Comparing the two: Spreadex’s EUR/USD costs centered around 0.81 pips on average (often near 0.6 pips), while IUX can be cheaper on its Raw account when factoring in commission, and competitive on Pro at 0.7 pips with no commission. If you want the lowest possible spread and are comfortable with a $500 minimum plus per-lot commission, IUX Raw can edge out. If you prefer simpler, spread-only pricing with no added commission calculations, Spreadex and IUX Pro are both appealing options. Always consider your trade size, frequency, and deposit needs.
| Feature |
Spreadex
|
IUX
|
|---|---|---|
| Minimum Deposit | $0 | 10 |
| Average spread (EUR/USD) - Standard account | 0.81 | 0.86 |
| All-in Cost EUR/USD - Active | N/A | 0.6 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Spreadex vs IUX: Both brokers support forex trading as CFDs or spot. Spreadex offers far more to pick from, with about 10,000 tradeable symbols and 52 forex pairs, compared with IUX’s 152 symbols and 34 pairs. Both allow cryptocurrency trading via CFDs, but neither lets you buy actual coins, and neither supports copy trading.
For exchange-traded shares (not CFDs), neither broker provides access to U.S.-listed stocks like Apple, but IUX does offer certain international shares, while Spreadex does not. Reflecting this coverage, ForexBrokers.com rates Spreadex 5 stars and ranks it 14th out of 63 for Range of Investments; IUX earns 3.5 stars and ranks 61st. Choose Spreadex if you want many markets in one place, or IUX if you specifically need access to international exchange-traded shares outside the U.S.
| Feature |
Spreadex
|
IUX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 152 |
| Forex Pairs (Total) | 52 | 34 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | Yes |
| Copy Trading | No | No |
| Cryptocurrency (Underlying) | No | 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.
Spreadex and IUX both offer free paper-trading demo accounts, proprietary platforms, and web-based trading with the ability to place orders directly from charts. Neither broker supports copy trading or MetaTrader 4 (MT4). Where they differ is in platform breadth: IUX provides a Windows desktop download and supports MetaTrader 5 (MT5), while Spreadex does not offer a Windows platform and does not support MT5.
For trading platforms and tools, Spreadex is rated 4 out of 5 stars and ranks 47th out of 63 brokers on ForexBrokers.com, while IUX is rated 3.5 out of 5 stars and ranks 60th out of 63. Counts for built-in technical indicators and watchlist fields were not specified for either broker, so confirm those details if they’re important to your workflow.
| Feature |
Spreadex
|
IUX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | No |
| MetaTrader 4 (MT4) | No | No |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 58 | 106 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Spreadex and IUX offer mobile trading apps for iPhone and Android. In independent reviews from ForexBrokers.com, Spreadex earns 4 stars and ranks 47th out of 63 brokers for Mobile Trading Apps, while IUX scores 3.5 stars and ranks 61st. If overall rating and category rank matter to you, Spreadex holds the edge.
Feature-wise, both apps lack watchlist syncing between mobile and web. Spreadex supports price alerts, but IUX does not. For charting, IUX lists 106 technical studies, whereas Spreadex doesn’t provide a study count. Spreadex lets you draw trendlines (IUX does not), and IUX auto-saves chart drawings (Spreadex does not). Your choice may come down to whether you value price alerts and trendline tools (Spreadex) or a large set of built-in indicators and auto-saving drawings (IUX).
| Feature |
Spreadex
|
IUX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | No |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | N/A | 106 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
Spreadex clearly leads IUX for market research. Spreadex provides daily market commentary, forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones, Autochartist tools for technical or fundamental analysis, a sentiment trading gauge showing long/short positioning, and an economic calendar. It does not integrate Trading Central, TipRanks, or Acuity Trading. By contrast, IUX lacks daily commentary, top-tier forex news, Autochartist, Trading Central, TipRanks, Acuity Trading, and a sentiment tool; its main research feature is an economic calendar.
Ratings reflect this gap: Spreadex earns 4 out of 5 stars for Research and ranks 32nd out of 63 brokers on ForexBrokers.com, while IUX scores 3 stars and ranks 60th. Traders who want built-in news, tools, and sentiment data may favor Spreadex; those who only need a calendar may find IUX sufficient.
| Feature |
Spreadex
|
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 | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners comparing forex and CFD education, Spreadex edges out IUX. Both brokers provide at least 10 beginner-friendly trading videos, making it easy to get started with core concepts. However, neither broker runs monthly client webinars, and neither offers a large library of advanced videos (10 or more) for experienced traders. Spreadex earns 4 out of 5 stars for Education and ranks #45 out of 63 brokers on ForexBrokers.com, while IUX scores 3 out of 5 stars and ranks #60.
If you’re new to trading and prefer learning through videos, both platforms can help you build a foundation, with Spreadex delivering a stronger overall education experience. If you want live, ongoing classes or deep advanced content, you may need to supplement with outside resources since both brokers lack monthly webinars and sizable advanced video catalogs.
| Feature |
Spreadex
|
IUX
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Spreadex is better than IUX. Spreadex finished with an overall rank of #39, while IUX finished with an overall rank of #55.
Spreadex is an FCA-regulated broker in the UK, offering forex and CFDs, and is well known for its sports betting business, and proprietary web trading platforms. Spreadex still has considerable room to improve, in key categories such as research and education, compared to the best forex brokers.
| Feature |
Spreadex
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IUX
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|---|---|---|
| Overall Rating |
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| Trust Score | 71 | 78 |
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Spreadex vs IUX: neither online broker supports buying actual delivered cryptocurrency, but both offer cryptocurrency CFD trading.
Comparing online brokers Spreadex and IUX for deposit and withdrawal options: neither offers ACH/SEPA or PayPal, both allow bank wire transfers, IUX supports Skrill while Spreadex does not, and Visa/Mastercard availability is not specified for either.
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 | Spreadex | IUX | |
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| Trust Score | 71 | 78 | |
| Winner | check_circle | ||
| Review | Spreadex Review | IUX Review |
| Broker Screenshots | Spreadex | IUX | |
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| Broker Gallery (click to expand) |
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| Regulation | Spreadex | IUX | |
|---|---|---|---|
| Trust Score | 71 | 78 | |
| Year Founded | 1999 | 2016 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Spreadex | IUX | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No |
| Tier-2 Licenses (Trusted) | Spreadex | IUX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | Spreadex | IUX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 152 | |
| Forex Pairs (Total) | 52 | 34 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | Yes | |
| Copy Trading | No | No | |
| Cryptocurrency (Underlying) | No | 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 | Spreadex | IUX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.81 | 0.86 | |
| All-in Cost EUR/USD - Active | N/A | 0.6 | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Spreadex | IUX | |
|---|---|---|---|
| Minimum Deposit | $0 | 10 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | Spreadex | IUX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | No | |
| MetaTrader 4 (MT4) | No | No | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | Spreadex | IUX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 58 | 106 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | Spreadex | IUX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | No | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | N/A | 106 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | Spreadex | IUX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Spreadex | IUX | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No |
| Major Forex Pairs | Spreadex | IUX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Spreadex Review | IUX Review |
| Overall | Spreadex | IUX | |
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| Trust Score | 71 | 78 | |
| Winner | check_circle | ||
| Review | Spreadex Review | IUX Review |
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