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 | 0.81 | 0.9 |
| 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: when it comes to range of investments, Spreadex offers a much wider menu. You’ll find 10,000 tradeable instruments at Spreadex compared with 152 at IUX, plus 52 forex pairs versus IUX’s 34. Both let you trade forex via contracts for difference (CFDs) or spot. Reflecting this breadth, Spreadex is rated 5 stars for Range of Investments and ranks #14 out of 63 brokers on ForexBrokers.com, while IUX earns 3.5 stars and ranks #61.
Neither broker offers direct share dealing on U.S. exchanges (not CFDs). For international markets, only IUX lets you buy exchange-traded shares (not CFDs), while Spreadex does not. Both lack copy trading. For crypto, neither supports buying actual coins, but both offer cryptocurrency derivatives for trading.
| Feature |
Spreadex
|
IUX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 152 |
| Forex Pairs (Total) | 52 | 34 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | No | No |
| Cryptocurrency (Underlying) | 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.
Comparing Spreadex vs IUX for trading platforms and tools, both brokers offer free demo (paper) trading and their own proprietary platforms, plus convenient web-based trading. IUX also provides a Windows desktop download, which Spreadex does not. Neither broker supports copy trading. Platform integrations differ: Spreadex does not offer MetaTrader 4 or MetaTrader 5, while IUX skips MT4 but supports MetaTrader 5. Both brokers let you place trades directly from charts, which can speed up order entry.
Based on ForexBrokers.com assessments for Trading Platforms and Tools, Spreadex earns 4.0/5 stars and ranks #47 out of 63 brokers, while IUX receives 3.5/5 stars and ranks #60. In plain terms, choose Spreadex if you want a polished in-browser experience with an in-house platform, and consider IUX if you need a Windows desktop platform or access to MT5. Either way, the free demo accounts make it easy to try before you trade live.
| Feature |
Spreadex
|
IUX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / 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.
Spreadex and IUX both offer mobile trading apps for iPhone and Android, and each lets you build watchlists with real-time quotes. Key differences stand out: Spreadex supports price alerts, while IUX does not, and neither broker syncs watchlists between the mobile app and your online account. For mobile trading apps, ForexBrokers.com rates Spreadex at 4 stars and ranks it #47 out of 63 brokers, while IUX earns 3.5 stars and ranks #61.
Charting varies between the two. IUX lists 106 technical studies and will auto-save your chart drawings. Spreadex doesn’t specify how many studies are available, but it does let you draw trendlines—something IUX’s app lacks. If you value alerts and trendline tools, Spreadex has the edge; if you want a wide selection of built-in indicators with auto-saved drawings, IUX is stronger on that front.
| 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 |
| Mobile Watchlist | Yes | 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 | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginner traders comparing education at Spreadex and IUX, both brokers provide at least 10 beginner-friendly trading videos, which is a solid starting point for learning forex and CFDs. Neither broker hosts monthly client webinars, and neither offers 10 or more advanced videos for experienced traders. It’s unclear whether either has a searchable archive of past webinars, an investor dictionary with 50+ terms, or a full library of 10+ forex/CFD articles and videos beyond the beginner set.
Based on third-party evaluations, Spreadex takes the lead for education with a 4-star rating and a #45 ranking out of 63 brokers, while IUX holds 3 stars and ranks #60. If you want straightforward beginner videos, both platforms deliver; if you need frequent live webinars or a deep advanced curriculum, you may need to look elsewhere. Check each broker’s site for the latest details on webinar archives, glossaries, and the breadth of their forex and CFD education.
| 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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| Trust Score | 71 | 78 |
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Both Spreadex and IUX do not provide the option to purchase actual (delivered) cryptocurrencies, but they do offer the ability to trade cryptocurrency derivatives.
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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| 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 (SFC 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. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | No | No | |
| Cryptocurrency (Underlying) | 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 | Spreadex | IUX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.81 | 0.9 | |
| 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 | |
| Social Trading / 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 | Yes | Yes | |
| 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 | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | 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 | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| 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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