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.
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 |
In a commissions and fees comparison, Spreadex and IUX are both competitive, but they suit different types of traders. Spreadex charges no separate commission on its forex trading, and its EUR/USD spread averaged 0.81 pips in January 2024, with a minimum spread of 0.6 pips reached 60% of the time during the month. Spreadex is rated 4 stars for commissions and fees and ranks #26 out of 36 brokers in ForexBrokers.com’s category review.
IUX offers more account choices, so its costs depend on which one you pick. Its Standard and Standard+ accounts are spread-only and require just a $10 minimum deposit, while the Raw account is commission-based at $6 per 100,000 units and needs a $500 deposit. IUX also offers a Pro account with no commission and lower spreads than its Standard accounts. Its listed EUR/USD pricing includes an average spread of 0.9 pips on Standard, 0.7 pips on Pro, and about 0.6 pips on Raw when the commission is factored in. IUX is rated 4.5 stars for commissions and fees and ranks #19 out of 36 brokers.
Overall, Spreadex is a simple choice for traders who want clear spread-based pricing, while IUX may appeal more to active traders who are willing to compare account types for tighter pricing. If keeping costs low is your main goal, IUX’s Pro and Raw accounts are worth a close look, but Spreadex remains straightforward and easy to understand.
| 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.
Spreadex offers a wider range of investments than IUX, with access to 10,000 tradeable symbols compared with IUX’s 152. Both brokers support forex trading as CFDs or spot contracts, but Spreadex lists more forex pairs too, with 52 available versus 34 at IUX. Neither broker lets clients buy U.S.-listed exchange-traded shares or actual delivered cryptocurrency, and neither offers copy trading.
The main difference is that IUX does offer exchange-traded securities on international markets, while Spreadex does not. Both brokers provide cryptocurrency CFDs. Overall, Spreadex is rated 5 stars for Range of Investments and ranks 13th out of 36 brokers at ForexBrokers.com, while IUX is rated 3.5 stars and ranks 36th, making Spreadex the stronger choice for traders who want more market variety.
| 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 built-in platform, and web-based access, so you can practice and trade without downloading software. Each also lets you place trades straight from a chart, which is handy for quick decision-making. Neither broker offers copy trading or MetaTrader 4, so traders looking for those features will need to look elsewhere.
The main difference is that IUX also offers a Windows desktop platform and MetaTrader 5, while Spreadex does not. In ForexBrokers.com’s Trading Platforms and Tools review, Spreadex scores 4 out of 5 stars and ranks #35 out of 36 brokers, while IUX scores 3.5 out of 5 stars and ranks #36. Overall, Spreadex has the edge for platform and tools, but IUX may appeal more to traders who want MT5 or a downloadable desktop option.
| 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 price alerts, which can help traders stay on top of market moves, while IUX does not offer this feature. Spreadex also lets users draw trendlines in the app, though it does not auto-save drawings and does not offer watchlist syncing between the app and the online account.
When it comes to charting, IUX has the edge with 106 technical studies and auto-saving for chart drawings, but it does not support trendline drawing or price alerts in its app. In ForexBrokers.com’s Mobile Trading Apps category, Spreadex is rated 4 out of 5 stars and ranked #34 out of 36 brokers, while IUX is rated 3.5 stars and ranked #36. Overall, Spreadex appears stronger for simple mobile trading features, while IUX may appeal more to traders who want more chart tools.
| 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 has a clear edge over IUX for market research. It offers daily market commentary, forex news from major sources like Bloomberg, Reuters, and Dow Jones, plus Autochartist tools, a sentiment indicator that shows long and short positioning, and an economic calendar. IUX, by comparison, does not provide daily commentary, top-tier forex news, Autochartist, or a sentiment tool, although it does include an economic calendar.
That difference is reflected in third-party ratings and rankings: Spreadex earns 4 out of 5 stars for Research and places #28 out of 36 brokers at ForexBrokers.com, while IUX receives 3 out of 5 stars and ranks #36. For traders who want more built-in market analysis and news support, Spreadex is the stronger 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 beginner-friendly learning materials, both Spreadex and IUX give new traders a useful starting point. Each broker offers at least 10 beginner videos on trading topics, and both fall short on live educational webinars, with no monthly client webinar schedule in place. Neither broker stands out for more advanced video lessons, since neither offers 10 or more videos aimed at experienced traders. For forex or CFD-focused education, both provide enough material to meet the basic standard of at least 10 educational pieces on those topics.
Spreadex has the edge overall for education. It is rated 4 out of 5 stars, compared with IUX at 3 out of 5 stars. That difference also shows up in ForexBrokers.com’s ranking, where Spreadex places 34th out of 36 brokers for education, while IUX sits at 36th. For beginners looking for a slightly stronger mix of learning content, Spreadex is the better pick, though neither broker is especially strong in this area.
| 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 #33, while IUX finished with an overall rank of #36.
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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|---|---|---|
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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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