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 |
Swissquote and IUX both offer multiple account types, but their pricing models are quite different. Swissquote is the pricier choice overall, which reflects its appeal as part of a Swiss banking group, yet its trading costs are not among the lowest in the market. It earns a 3.5-star rating and ranks #36 out of 36 for Commissions and Fees. IUX is generally more budget-friendly, especially for traders who want low entry costs, and it scores higher at 4.5 stars with a #19 ranking out of 36.
With Swissquote, fees depend on the region and account type. Its U.K. accounts are the cheapest within the brand, with the Elite account charging a $5 round-turn commission and offering tighter spreads, while Standard accounts can start at 1.3 pips on EUR/USD. In Luxembourg, spreads start around 0.8 pips for Prime accounts and can go up to 1.5 pips for Standard accounts. In Switzerland, spreads are even higher, with the Standard account starting at 1.7 pips and the Prime account at 1.1 pips, though custom pricing may be available for high-volume traders.
IUX keeps things simpler and cheaper for most traders. Its Standard and Standard+ accounts need only a $10 deposit, while the Raw and Pro accounts require $500. The Raw account uses commission pricing at $6 per 100,000 units and aims for the tightest spreads, while the Pro account is spread-only and lists average EUR/USD spreads around 0.7 pips. Compared with Swissquote, IUX is usually the better pick for lower trading costs, though Swissquote may appeal more to traders who value its Swiss banking name and broader regional account options.
| Feature |
Swissquote
|
IUX
|
|---|---|---|
| Minimum Deposit | $1000 | $50 |
| Average spread (EUR/USD) - Standard account | N/A | 0.86 |
| All-in Cost EUR/USD - Active | N/A | 0.6 |
| Non-wire bank transfer | 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 much wider range of investments than IUX. It lists 472 tradeable symbols and 80 forex pairs, compared with IUX’s 152 symbols and 34 forex pairs. Both brokers offer forex trading as a CFD or spot contract, and both provide access to international exchange-traded securities. However, Swissquote also lets clients buy U.S.-listed shares directly, such as Apple, while IUX does not.
Swissquote stands out further with features IUX does not match, including copy trading and the ability to buy actual cryptocurrency rather than only crypto CFDs. IUX does offer cryptocurrency CFDs, but not delivered crypto, and it does not support copy trading. These differences help explain Swissquote’s higher Range of Investments score of 5 out of 5 and its #2 ranking out of 36 brokers, versus IUX’s 3.5-star rating and #36 ranking.
| 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 a wide range of platform choices, including free demo accounts, proprietary platforms, Windows desktop downloads, web-based trading, and the ability to trade directly from charts. Both brokers also support MetaTrader 5, which will matter to traders who want a familiar third-party platform. In addition, both offer their own in-house platform, so users can choose between a broker-built experience and MetaTrader-style trading.
The main differences come down to extra tools and overall ratings. Swissquote stands out by offering copy trading and MetaTrader 4, while IUX does not support those options. That edge helps Swissquote earn a higher Trading Platforms and Tools rating of 4.5 stars, compared with 3.5 stars for IUX. It also ranks much higher in ForexBrokers.com’s category list, placing #12 out of 36 brokers versus IUX at #36.
| 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 mobile trading apps for iPhone and Android, so either broker gives traders a way to manage accounts on the go. Swissquote stands out for key trading tools that IUX does not match, including stock and forex price alerts, trendline drawing on charts, and a stronger Mobile Trading Apps rating of 4.5 stars. It is also ranked #12 out of 36 brokers by ForexBrokers.com in this category, which points to a more polished mobile experience overall.
IUX does have one clear edge: its mobile charting includes 106 technical studies, compared with Swissquote’s 30. However, IUX lacks price alerts and trendline drawing, and it is rated 3.5 stars for mobile trading apps, ranking #36 out of 36 brokers. Neither broker offers watchlist symbol syncing between the mobile app and online account, and both apps auto-save chart drawings. Overall, Swissquote appears better for everyday mobile trading features, while IUX may appeal more to users who want a wider range of chart studies.
| 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 has a clear edge over IUX. Swissquote provides daily market commentary, news from top sources like Bloomberg and Reuters, and Autochartist tools to help traders spot possible setups. It also includes an economic calendar for tracking 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 overall ratings and rankings as well. Swissquote earns 4.5 out of 5 stars for research and places #15 out of 36 brokers in the ForexBrokers.com Research category. IUX is rated 3 out of 5 stars and ranks #36 out of 36, making Swissquote the stronger choice for traders who want more market insight and research support.
| 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.
When it comes to learning support for beginners, Swissquote has a clear edge over IUX. Swissquote offers forex and CFD education, monthly live client webinars, at least 10 beginner trading videos, and at least 10 advanced videos for more experienced traders. It also earns a 4.5-star Education rating and ranks #19 out of 36 brokers for Education at ForexBrokers.com. By comparison, IUX provides at least 10 beginner videos, but it does not offer monthly educational webinars, does not meet the minimum for forex or CFD-focused education, and lacks at least 10 advanced videos.
For new traders who want more ways to learn, Swissquote is the stronger choice overall. Its mix of articles, webinars, and video content gives beginners more opportunities to build knowledge step by step. IUX still offers some useful beginner video lessons, but with a 3-star Education rating and a #36 ranking out of 36, it falls behind Swissquote in both the amount and range of educational material.
| 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 #11, while IUX finished with an overall rank of #36.
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
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IUX
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|---|---|---|
| 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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| 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) - Standard account | N/A | 0.86 | |
| All-in Cost EUR/USD - Active | 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 | 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 Watchlist [DELETED] | |||
| 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 | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| 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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