Written by ForexBrokers.com
In this head to head comparison of Swissquote 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.
Founded in 1996, Swissquote stands out as a highly trusted online broker with a perfect Trust Score of 99, according to ForexBrokers.com. It operates as both a bank and a publicly traded company. Swissquote holds five Tier-1 licenses and two Tier-2 licenses, underscoring its commitment to regulatory compliance and trustworthiness. Being listed on a stock exchange further enhances its transparency and reliability in the financial sector.
By comparison, IUX, founded in 2016, has a Trust Score of 78, placing it in the average risk category. Unlike Swissquote, IUX is not a bank and is not publicly traded. It holds one Tier-1 license and one Tier-2 license, reflecting a more limited regulatory footprint. While IUX offers some degree of security, Swissquote's established presence and extensive regulatory credentials make it a more secure option for investors prioritizing trust and transparency.
| Feature |
Swissquote
|
IUX
|
|---|---|---|
| Year Founded | 1996 | 2016 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 5 | 1 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
Comparing commissions and fees, IUX generally undercuts Swissquote on typical trade costs. For this category, Swissquote earns 3.5 out of 5 stars and ranks #54 of 63 brokers, while IUX scores 4 out of 5 stars and ranks #49 of 63. In short, if your priority is lower spreads and modest minimum deposits, IUX tends to be the better-value pick; Swissquote appeals more if you want a Swiss banking giant behind your account and don’t mind paying a bit more.
Swissquote’s pricing varies by entity. The U.K. arm is the most cost-friendly: the Elite account suits active traders with lower spreads plus a $5 round‑trip commission, while Standard starts at 1.3 pips on EUR/USD and Prime advertises minimum spreads from 0.6 pips (note: that’s a minimum, not an average). In Luxembourg, minimum deposits run from $1,000 (Standard) to $50,000 (Prime), with minimum spreads from 1.5 to 0.8 pips. In Switzerland, forex accounts start at $1,000 with EUR/USD spreads from 1.7 pips (Standard), 1.4 pips (Premium at $10,000), and 1.1 pips (Prime at $50,000); custom pricing is negotiable for high-volume traders.
IUX keeps costs straightforward across four account types. Standard and Standard+ need just $10 to start; Standard+ supports bonuses but typically shows wider spreads, while Standard lists an average EUR/USD spread near 0.9 pips. For active traders, the Pro and Raw accounts require $500: Pro is spread‑only with about 0.7‑pip average spreads, and Raw charges $6 per standard lot round trip with all‑in costs around 0.6 pips. Bottom line: IUX’s Pro and Raw accounts can deliver lower day‑to‑day trading costs than Swissquote’s typical pricing, especially at smaller deposit levels.
| Feature |
Swissquote
|
IUX
|
|---|---|---|
| Minimum Deposit | $1000 | 10 |
| Average Spread EUR/USD - Standard | N/A | 0.9 |
| All-in Cost EUR/USD - Active | N/A | 0.6 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Swissquote vs IUX: For range of investments, Swissquote offers 472 tradeable symbols and 80 forex pairs, while IUX provides 152 symbols and 34 pairs. Both brokers support forex trading as CFDs or spot contracts, covering a wide selection of currency markets for different trading styles.
Stocks and crypto access also set them apart. Swissquote lets you buy exchange-traded securities on both U.S. and international exchanges (think Apple on NASDAQ or Vodafone in London), whereas IUX offers international shares but not U.S.-listed stocks. For digital assets, Swissquote supports buying actual cryptocurrencies as well as crypto derivatives; IUX offers crypto derivatives only. Copy trading is available at Swissquote but not at IUX. Reflecting this breadth, Swissquote earns 5/5 stars and ranks #2 of 63 for Range of Investments at ForexBrokers.com, while IUX holds 3.5/5 stars and ranks #61.
| Feature |
Swissquote
|
IUX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 472 | 152 |
| Forex Pairs (Total) | 80 | 34 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| Cryptocurrency (Physical) | Yes | 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.
Swissquote and IUX both offer free demo (paper) accounts, in-house proprietary platforms, and trading on Windows desktop and the web. Each broker lets you place trades directly from charts. Platform support differs: Swissquote offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while IUX supports MT5 but not MT4. Copy trading is available at Swissquote but not at IUX, and neither broker integrates DupliTrade or ZuluTrade.
For charting, IUX lists 89 drawing tools compared with 75 at Swissquote, while the number of technical indicators isn’t specified for either broker. Watchlists are more customizable at IUX with 46 fields versus 11 at Swissquote. In ForexBrokers.com’s testing of trading platforms and tools, Swissquote earned 4.5/5 stars and ranked 12th out of 63 brokers, while IUX scored 3.5/5 and ranked 60th. Choose Swissquote if you want MT4 and copy trading; pick IUX if you value more drawing tools and deeper watchlist fields.
| Feature |
Swissquote
|
IUX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 86 | 106 |
| Charting - Drawing Tools (Total) | 75 | 89 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 11 | 46 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Swissquote and IUX offer mobile trading apps for iPhone and Android, including real-time quote watchlists and charts that auto-save your drawings. You can switch between intraday, daily, or weekly views on both. Swissquote stands out by offering stock and forex price alerts, while IUX does not. Watchlists do not sync between the mobile app and online account at either broker.
For charting tools, IUX lists 106 technical studies versus Swissquote’s 30, but Swissquote lets you draw trendlines and IUX does not. Taking everything together, Swissquote’s mobile trading app earns 4.5 out of 5 stars and ranks #12 of 63 brokers on ForexBrokers.com, while IUX’s app scores 3.5 stars and ranks #61.
| Feature |
Swissquote
|
IUX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 106 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, Swissquote clearly offers more than IUX. Swissquote delivers daily market commentary and streaming forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones. It also includes Autochartist tools for actionable technical insights. Both Swissquote and IUX provide an economic calendar, but neither broker features Trading Central, a sentiment tool, TipRanks, or research from Acuity Trading.
These differences show up in the ratings: Swissquote earns 4 out of 5 stars for Research and ranks #16 of 63 brokers on ForexBrokers.com, while IUX scores 3 out of 5 stars and ranks #60. If you want built-in news and analysis to inform your trades, Swissquote is the stronger choice; IUX may suit traders who only need a basic calendar and minimal in-platform research.
| Feature |
Swissquote
|
IUX
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners seeking forex and CFD education, Swissquote offers a well-rounded learning path. It provides at least 10 forex/CFD-focused pieces, hosts monthly live webinars, and keeps a searchable archive of past sessions. New traders can watch 10+ beginner videos, while experienced learners get 10+ advanced videos to grow further. An investor dictionary with 50+ terms helps explain key concepts. Backing this up, Swissquote earns 4 out of 5 stars for Education and ranks #20 out of 63 brokers with ForexBrokers.com.
IUX supplies 10+ beginner videos, which can help you get your footing, but its education offering is thinner overall. It doesn’t meet the threshold for a full forex/CFD education library, doesn’t run monthly client webinars or keep a webinar archive, lacks depth in advanced videos, and has no investor dictionary. Reflecting these gaps, IUX holds a 3-star Education rating and ranks #60 out of 63 brokers. If you want a fuller learning experience with live sessions and deeper resources, Swissquote is the stronger choice; if you only need basic starter videos, IUX can work.
| Feature |
Swissquote
|
IUX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Swissquote is better than IUX. Swissquote finished with an overall rank of #11, while IUX finished with an overall rank of #55.
Traders choose Swissquote for its quality research and vast multi-asset offering – as long as they are willing to pay a premium to have their brokerage account held with a Swiss bank.
| Feature |
Swissquote
|
IUX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 78 |
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While both Swissquote and IUX offer the ability to buy cryptocurrency derivatives, Swissquote provides the added advantage of purchasing actual delivered cryptocurrency, which is not available with IUX.
Swissquote outshines IUX in flexibility for depositing and withdrawing funds, offering a wide array of options such as ACH or SEPA transfers, PayPal, Skrill, Visa or Mastercard, and bank wires, while IUX offers fewer options, lacking ACH, SEPA, and PayPal support but still providing Skrill, Visa or Mastercard, and bank wire services.
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 | Swissquote | IUX | |
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| Trust Score | 99 | 78 | |
| Winner | check_circle | ||
| Review | Swissquote Review | IUX Review |
| Broker Screenshots | Swissquote | IUX | |
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| Regulation | Swissquote | IUX | |
|---|---|---|---|
| Trust Score | 99 | 78 | |
| Year Founded | 1996 | 2016 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 5 | 1 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Swissquote | IUX | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | 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). | Yes | No |
| Tier-2 Licenses (Trusted) | Swissquote | IUX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | Swissquote | IUX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 472 | 152 | |
| Forex Pairs (Total) | 80 | 34 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| Cryptocurrency (Physical) | Yes | 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 | Swissquote | IUX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 0.9 | |
| All-in Cost EUR/USD - Active | N/A | 0.6 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Swissquote | IUX | |
|---|---|---|---|
| Minimum Deposit | $1000 | 10 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | Swissquote | IUX | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Swissquote | IUX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 11 | 46 | |
| Charting - Indicators / Studies (Total) | 86 | 106 | |
| Charting - Drawing Tools (Total) | 75 | 89 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | Swissquote | IUX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 106 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | No |
| Research | Swissquote | IUX | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Swissquote | IUX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Swissquote | IUX | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Swissquote Review | IUX Review |
| Overall | Swissquote | IUX | |
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| Trust Score | 99 | 78 | |
| Winner | check_circle | ||
| Review | Swissquote Review | IUX Review |
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