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.
In this online broker comparison, Swissquote (founded 1996) and IUX (founded 2016) differ widely in regulation and trust. According to ForexBrokers.com, Swissquote holds five Tier-1 and two Tier-2 licenses and scores 99/99, which falls in the highly trusted 90–99 band. IUX holds one Tier-1 and one Tier-2 license and scores 76/99, placing it in the 70–79 average-risk band.
Structure also sets them apart: Swissquote is publicly traded and operates as a bank, while IUX is private and not a bank. For quick context, ForexBrokers.com rates 80–89 as trusted, 60–69 as high risk, and 59 or less as not trusted—so Swissquote sits at the top end, whereas IUX lands in the middle.
| 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 |
When it comes to commissions and fees, IUX is the lower-cost choice overall compared with Swissquote. Swissquote, rated 3.5/5 stars and ranked #37 out of 36 brokers by ForexBrokers.com for commissions and fees, charges more because it offers access to a Swiss banking group and a wider range of account structures across its U.K., Luxembourg, and Swiss entities. Its U.K. Elite account is the best-priced option for active traders, but it still comes with a $5 round-turn commission and requires a $10,000 deposit. Other Swissquote accounts tend to start with wider spreads, such as EUR/USD from 1.3 pips on Standard and 0.6 pips on Prime, while Swiss and Luxembourg pricing also leans higher than budget brokers.
IUX, rated 4.5/5 stars and ranked #19 out of 36 brokers for commissions and fees, offers simpler and often cheaper pricing. Its Standard and Standard+ accounts only require a $10 minimum deposit, while the more active-trader Raw and Pro accounts start at $500. The Raw account has a $6 commission per 100,000 units, but spreads are tighter, and the Pro account is spread-only with average EUR/USD pricing around 0.7 pips. This makes IUX more appealing for traders looking for low entry costs and competitive day-to-day trading expenses.
In short, Swissquote may suit traders who value a Swiss banking name and more account variety, but IUX is the better pick if keeping trading costs down is the main goal. Swissquote’s fees are generally higher across its account types, while IUX offers more accessible pricing and a stronger overall score in this category.
| Feature |
Swissquote
|
IUX
|
|---|---|---|
| Minimum Deposit | $1000 | $50 |
| Average spread (EUR/USD) - Spread-only account | N/A | 0.86 |
| All-in Cost EUR/USD - Raw spread account | N/A | 0.6 |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Swissquote offers a wider range of investments than IUX, especially for traders who want more choice across markets. Both brokers support forex trading as a CFD or spot contract, and both offer cryptocurrency CFDs, but Swissquote goes further with 472 tradeable symbols and 80 forex pairs, compared with IUX’s 152 symbols and 34 forex pairs. Swissquote also lets clients buy actual U.S.-listed shares, international shares, and delivered cryptocurrency, while IUX supports international exchange-traded securities but does not offer U.S. exchange-listed shares or real crypto purchases.
For investors who want more ways to diversify, Swissquote has the edge thanks to features like copy trading and a broader lineup of tradable products. This wider selection is reflected in its 5-star Range of Investments rating and #2 ranking out of 36 brokers by ForexBrokers.com. IUX, by comparison, is rated 3.5 stars and ranked #38, making it the less complete option for range of investment choice.
| Feature |
Swissquote
|
IUX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 472 | 152 |
| Forex Pairs (Total) | 80 | 34 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | Yes | No |
| Cryptocurrency (Underlying) | Yes | 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.
Swissquote and IUX both give traders several ways to get started, including free demo accounts, in-house platforms, web-based trading, desktop downloads for Windows, and the ability to trade directly from charts. Both brokers also support MetaTrader 5, so traders who prefer a familiar third-party platform will find an option with either provider. In terms of charting and watch lists, the available details do not show a clear difference, so the main comparison comes down to the platform choices and extra tools each broker includes.
Swissquote has the edge for trading platforms and tools overall. It offers copy trading and MetaTrader 4, while IUX does not provide these options. That broader toolkit helps explain Swissquote’s higher rating of 4.5 out of 5 and its stronger ForexBrokers.com ranking of #12 out of 36 brokers, compared with IUX at 3.5 stars and #38. For traders looking for more platform flexibility and added features, Swissquote is the more complete choice, while IUX still covers the core needs for trading online.
| Feature |
Swissquote
|
IUX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 86 | 106 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Swissquote and IUX both offer iPhone and Android trading apps, so either broker gives you access from a phone or tablet. Swissquote has an edge for active traders who want more help staying on top of the market, since its app includes stock and forex price alerts, lets users draw trendlines on charts, and saves those drawings automatically. IUX also saves chart drawings, but it does not offer price alerts or trendline drawing in its mobile app.
When it comes to chart tools, IUX offers more technical studies in its app, with 106 compared with Swissquote’s 30. Still, Swissquote comes out ahead overall in mobile trading app quality, with a 4.5-star rating and a ForexBrokers.com ranking of 12th out of 36 brokers, while IUX is rated 3.5 stars and ranked 38th. Neither broker offers watchlist symbol syncing between the mobile app and online account.
| Feature |
Swissquote
|
IUX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | No |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 106 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, Swissquote clearly has the edge over IUX. Swissquote provides daily market commentary, forex news from major sources like Bloomberg and Reuters, and Autochartist tools for technical and fundamental analysis. It also includes an economic calendar, giving traders a useful way to track key global events. IUX, by comparison, does not offer daily commentary, top-tier forex news, or Autochartist, though it does provide an economic calendar.
This difference shows up in expert ratings and rankings as well. Swissquote is rated 4.5 out of 5 for research and is ranked #15 out of 36 brokers by ForexBrokers.com, while IUX scores 3 out of 5 and sits at #37. For traders who want more in-depth market research and better news coverage, Swissquote is the stronger choice between the two.
| Feature |
Swissquote
|
IUX
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central | No | No |
| Client sentiment data | No | No |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners looking for learning support, Swissquote comes out ahead of IUX in overall education. Swissquote offers forex and CFDs learning content with at least 10 pieces focused on these topics, plus monthly online educational webinars, which can be especially helpful for new traders who want live guidance and a chance to ask questions. It also provides at least 10 beginner videos and at least 10 advanced videos, making it a better fit for traders who want to keep learning as their skills grow. This stronger offering is reflected in Swissquote’s 4.5-star education rating and its #19 ranking out of 36 brokers by ForexBrokers.com.
IUX also gives beginners some useful material, including at least 10 beginner trading videos, but its education section is smaller overall. It does not offer monthly educational webinars, and it does not have at least 10 advanced videos for more experienced traders. While IUX may still be enough for traders who want a basic starting point, its lower 3-star education rating and #38 ranking out of 36 brokers suggest it has less to offer than Swissquote for anyone who wants more complete learning resources.
| Feature |
Swissquote
|
IUX
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | 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 #12, while IUX finished with an overall rank of #38.
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 | 76 |
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Swissquote vs IUX: Swissquote lets you buy actual (delivered) cryptocurrencies and trade cryptocurrency CFDs, while IUX supports cryptocurrency CFDs only and does not offer direct crypto purchases.
In a Swissquote vs IUX comparison of deposit and withdrawal methods, Swissquote supports ACH/SEPA, PayPal, Skrill, and bank wires, while IUX offers Skrill and bank wires only, with Visa/Mastercard availability unspecified for both.
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 | 76 | |
| Winner | check_circle | ||
| Review | Swissquote Review | IUX Review |
| Broker Screenshots | Swissquote | IUX | |
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| Broker Gallery (click to expand) |
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| Regulation | Swissquote | IUX | |
|---|---|---|---|
| Trust Score | 99 | 76 | |
| 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 (FSA 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 CMA 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. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | Yes | No | |
| Cryptocurrency (Underlying) | Yes | 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 | Swissquote | IUX | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | N/A | 0.86 | |
| All-in Cost EUR/USD - Raw spread account | N/A | 0.6 | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Swissquote | IUX | |
|---|---|---|---|
| Minimum Deposit | $1000 | $50 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | No |
| Trading Platforms | Swissquote | IUX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | Swissquote | IUX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 86 | 106 | |
| 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 Price Alerts | Yes | No | |
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 106 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | Swissquote | 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 | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Swissquote | IUX | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Swissquote | IUX | |
|---|---|---|---|
| EUR/USD | Yes | Yes | |
| Review | Swissquote Review | IUX Review |
| Overall | Swissquote | IUX | |
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| Trust Score | 99 | 76 | |
| Winner | check_circle | ||
| Review | Swissquote Review | IUX Review |
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