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.
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Spreadex vs IUX: Spreadex, founded in 1999, and IUX, founded in 2016, are online brokers that are not publicly traded and are not banks. On the ForexBrokers.com Trust Score scale, Spreadex scores 70/99 and IUX scores 76/99; both fall in the 70–79 band, which ForexBrokers.com labels average risk (90–99 highly trusted, 80–89 trusted, 60–69 high risk, under 59 not trusted).
In terms of regulation, each broker holds one Tier-1 license (considered highly trusted by ForexBrokers.com). IUX also holds one Tier-2 license (trusted), while Spreadex holds none at Tier-2. If you weigh licensing and Trust Score when choosing a broker, IUX has a slight edge on paper, though both sit in the same risk band.
| 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 |
When comparing commissions and fees, Spreadex and IUX are both priced in a way that can work well for many traders, but IUX comes out slightly ahead overall. Spreadex’s average spread on EUR/USD was 0.81 pips in January 2024, with a minimum spread of 0.6 pips available 60% of the time during that month. It is rated 4 stars for commissions and fees and ranks #25 out of 36 brokers at ForexBrokers.com.
IUX offers more account choice, which makes its pricing easier to tailor to different trading styles. Its Standard and Standard+ accounts start with a $10 minimum deposit, while the Raw and Pro accounts require $500. The Raw account uses commissions, charging $6 per 100,000 units, and aims for lower spreads, while the Pro account is spread-only and lists an average EUR/USD spread of 0.7 pips. The Standard account averages about 0.9 pips, and the Raw account works out to about 0.6 pips when the commission is included. IUX is rated 4.5 stars for commissions and fees and ranks #19 out of 36 brokers.
In simple terms, Spreadex is a solid low-cost choice, but IUX offers a bit more flexibility and a slightly better overall value for fees, especially for traders who want to compare spread-only and commission-based accounts. The best option depends on whether you prefer lower entry costs, tighter spreads, or a structure that fits more active trading.
| Feature |
Spreadex
|
IUX
|
|---|---|---|
| Minimum Deposit | $0 | $50 |
| 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.
When comparing Spreadex and IUX for range of investments, Spreadex offers a wider choice overall. It lists about 10,000 tradeable symbols and 52 forex pairs, while IUX offers 152 tradeable symbols and 34 forex pairs. Both brokers support forex trading as CFDs or spot contracts, and both let clients trade cryptocurrency CFDs rather than buy actual crypto. Neither broker offers copy trading or access to exchange-traded U.S. shares, so you cannot buy stocks like Apple directly on either platform.
The key difference is that IUX does offer exchange-traded securities on international markets, such as shares listed overseas, while Spreadex does not. This broader product access helps explain why Spreadex is rated 5 stars and ranked 13th out of 36 for range of investments, compared with IUX at 3.5 stars and 35th place. For traders who want more choice in markets and instruments, Spreadex has the edge, while IUX offers a smaller but still useful selection.
| 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 give traders a free demo account, a web-based platform, and a built-in platform developed by the broker, so each offers a simple way to trade without needing to install anything. Both also let users place trades directly from a chart. Neither broker supports copy trading or MetaTrader 4, and only IUX supports MetaTrader 5. If you prefer a desktop download for Windows, IUX has that option, while Spreadex does not.
Overall, Spreadex gets a slightly better score for trading platforms and tools, with 4 out of 5 stars compared with IUX’s 3.5 stars. That lines up with their ForexBrokers.com rankings too, where Spreadex places #34 out of 36 brokers and IUX ranks #35. For most everyday traders, the choice may come down to whether you want MT5 and a Windows desktop app from IUX, or the simpler platform setup offered by Spreadex.
| 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.
Spreadex and IUX both offer mobile trading apps for iPhone and Android, so either broker gives you access on the go. Spreadex stands out for adding stock and forex price alerts, while IUX does not offer alerts. Spreadex also lets you draw trendlines in its app, but it does not auto-save those drawings. IUX takes a different approach: it does not support trendline drawing, but it does auto-save chart drawings once they are made.
When it comes to charting, IUX has a clear edge with 106 technical studies in its mobile app, while Spreadex does not list a figure here. Still, neither broker offers watchlist syncing between the mobile app and online account. In overall mobile trading app ratings, Spreadex scores 4 out of 5 stars and ranks #33 out of 36 brokers at ForexBrokers.com, while IUX scores 3.5 stars and ranks #35, making Spreadex the stronger choice for mobile trading features overall.
| 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.
When it comes to market research, Spreadex has a clear edge over IUX. Spreadex offers daily market commentary, forex news from top sources such as Bloomberg and Reuters, Autochartist tools, and a sentiment tool that shows how traders are positioned across currency pairs and other markets. It also includes an economic calendar, giving traders a fuller view of what may move prices. IUX, by comparison, offers only an economic calendar and does not provide daily commentary, top-tier news, Autochartist, or sentiment tools.
This stronger range of research features is reflected in the ratings and rankings. Spreadex is rated 4 stars for research and ranks #27 out of 36 brokers on ForexBrokers.com, while IUX is rated 3 stars and ranks #35. For traders who want more built-in market insight and analysis tools, Spreadex is the better choice between the two.
| 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.
When it comes to learning support for beginners, both Spreadex and IUX offer a similar starting point, with at least 10 beginner-focused trading videos available. However, neither broker provides monthly educational webinars, and neither one has a wide set of advanced videos for more experienced traders. For basic forex or CFD education, both offer enough material to help new traders get started, but neither stands out as a top choice for deeper learning.
Spreadex has the edge overall in education, with a 4-star rating and a ForexBrokers.com ranking of #33 out of 36 brokers, compared with IUX’s 3-star rating and #35 ranking. That means Spreadex is the slightly better option for beginners who want more educational support, although both brokers still leave room for improvement in the quality and depth of their learning resources.
| 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 #32, while IUX finished with an overall rank of #35.
Spreadex is a U.K.-based broker best known for its multi-asset offering, including forex, CFDs, spread betting, and options, alongside access to the TradingView platform and solid research content.
| Feature |
Spreadex
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IUX
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| Trust Score | 70 | 76 |
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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 | 70 | 76 | |
| 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 | 70 | 76 | |
| 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 CMA 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 | $50 | |
| 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 | 70 | 76 | |
| Winner | check_circle | ||
| Review | Spreadex Review | IUX Review |
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