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 |
Comparing commissions and fees, both Spreadex and IUX earn 4 out of 5 stars, but IUX ranks higher (#19 of 63) than Spreadex (#25 of 63) in ForexBrokers.com’s Commissions and Fees category. For EUR/USD, Spreadex posted a 0.81-pip average spread in January 2024, with a 0.6-pip minimum achieved 60% of the time. IUX lists averages without a date range: 0.7 pips on its Pro account, 0.9 pips on Standard, and an effective ~0.6 pips on its Raw account once you convert the $6-per-lot commission into pips. That means IUX can undercut Spreadex depending on the account you choose, especially for active traders.
Spreadex (4/5 stars; ranked #25/63) emphasizes simple spread-based pricing. Its January 2024 EUR/USD data shows many trades clearing at 0.6 pips, while the monthly average settled at 0.81 pips. This makes costs easy to understand, and pricing will appeal to traders who value consistency without juggling different account structures.
IUX (4/5 stars; ranked #19/63) prices vary by account. Standard and Standard+ need just $10 to start; Standard+ supports deposit bonuses but typically has wider spreads, while Standard removes the promo angle to offer tighter spreads. The Pro and Raw accounts require $500: Pro is spread-only with a 0.7-pip EUR/USD average, and Raw advertises the lowest spreads but adds a $6 commission per standard lot (effective ~0.6 pips on EUR/USD). Overall, IUX’s pricing is competitive—though not the absolute cheapest—so weigh spreads, commissions, and minimum deposits when deciding between Pro, Raw, or a lower-deposit Standard option.
| 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, and both offer cryptocurrency CFDs (but not actual crypto). Spreadex stands out for sheer variety with 10,000 tradeable symbols and 52 forex pairs, while IUX lists 152 symbols and 34 forex pairs. Neither platform provides copy trading.
When it comes to exchange-traded shares, neither broker offers U.S.-listed stocks, but IUX does let clients trade international exchange-traded securities, whereas Spreadex does not. For Range of Investments, Spreadex earns 5 stars and ranks #13 out of 63 brokers, while IUX scores 3.5 stars and ranks #35—making Spreadex the stronger pick for breadth of instruments, and IUX a fit if you specifically want exchange-traded access 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 demo (paper) trading, proprietary platforms, web-based platforms, and the ability to place trades directly from charts. Neither broker supports copy trading or MetaTrader 4. The main platform difference is that IUX offers a Windows desktop platform and supports MetaTrader 5, while Spreadex does not have a Windows download and does not offer MT5. Indicator counts and watch list column details aren’t specified for either broker.
For Trading Platforms and Tools, Spreadex is rated 4 stars and ranks #34 out of 63, while IUX is rated 3.5 stars and ranks #35 out of 63. If you want a Windows desktop app or MT5, IUX stands out. If you prefer to keep things in the browser with strong chart trading and a demo account, Spreadex is a solid pick. Both brokers let you practice risk‑free and neither offers copy trading.
| 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 vs IUX mobile trading apps: both brokers offer iPhone and Android apps, but their features differ in ways that matter day to day. Spreadex earns 4 stars and ranks #33 out of 63 for Mobile Trading Apps, while IUX earns 3.5 stars and ranks #35. If you rely on price alerts, Spreadex has them; IUX does not. Neither app syncs watchlists with the web platform, so changes you make on mobile won’t automatically match your online account.
For charting, IUX lists 106 technical studies and auto-saves drawings, which is handy if you switch between screens. Spreadex doesn’t publish a count of technical studies and doesn’t auto-save drawings, but it does let you draw trendlines on charts—something IUX lacks. In short, choose Spreadex if you want mobile price alerts and trendline tools; pick IUX if you value a large indicator library and automatic saving of chart work.
| 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 offers more depth than IUX. Spreadex delivers daily market commentary, premium forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, Autochartist tools for technical and fundamental analysis, and a sentiment tool that shows the ratio of long and short positions. IUX does not provide these features. Both brokers do not include Trading Central, TipRanks, or Acuity Trading tools, but each offers an economic calendar. Overall ratings reflect this gap: Spreadex scores 4 out of 5 stars and ranks #27 out of 63 brokers for Research, while IUX earns 3 stars and ranks #35.
For traders who want frequent insights and actionable data built into their platform, Spreadex is the stronger choice. If you only need a basic economic calendar and plan to source research elsewhere, IUX can suffice, but those seeking daily analysis, premium news, pattern recognition from Autochartist, and market sentiment will likely prefer Spreadex.
| 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 seeking forex and CFD education, both Spreadex and IUX provide at least 10 beginner-focused videos that cover trading basics. Neither broker runs monthly educational webinars, and both lack a sizable catalog of advanced videos for experienced traders, so their learning options lean toward self-paced, entry-level content rather than live sessions or higher-level coursework.
In independent ratings, Spreadex scores 4 out of 5 stars for Education and ranks #33 out of 63 brokers, while IUX scores 3 out of 5 stars and ranks #35. If you want a slightly stronger beginner experience with more polished introductory videos, Spreadex has the edge; IUX remains a workable choice if you simply need a basic set of starter videos without live webinars.
| 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 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
|
|---|---|---|
| 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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