Written by ForexBrokers.com
In this head to head comparison of Tickmill 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.
Tickmill, established in 2014, and IUX, which started operations in 2016, are online brokers both not publicly traded and neither classified as banks. When it comes to regulatory credentials, Tickmill stands out with two Tier-1 licenses and two Tier-2 licenses, which means it is considered a trusted choice in the industry. ForexBrokers.com assigns Tickmill a trust score of 86 out of 99, reinforcing its position as a reliable broker for online trading.
In contrast, IUX lacks Tier-1 licenses and holds only one Tier-2 license, placing it in a more precarious regulatory position. With a trust score of 69, IUX is categorized as a high-risk option by ForexBrokers.com. This comparison highlights the importance of trust and regulation when choosing a broker, making Tickmill a more secure choice for those concerned with broker reliability and licensing.
| Feature |
Tickmill
|
IUX
|
|---|---|---|
| Year Founded | 2014 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 0 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
Tickmill and IUX offer different structures for commissions and fees, catering to various trading needs. Tickmill provides two main accounts: the Classic and the newly introduced Raw account. The Classic account is commission-free, but traders incur higher average spreads of 1.76 pips. In contrast, the Raw account, which replaced the Pro account, features increased commissions of $3 per side or $6 per standard lot, with a typical spread of 0.11 pips on the EUR/USD pair. The all-in cost totals 0.71 pips after factoring in the commission, making Tickmill a standout option, especially for active traders with its low overall costs even after the commission hike. Tickmill has earned a 5-star rating for commissions and fees and is ranked #4 out of 63 brokers by ForexBrokers.com.
IUX offers various account types, including Standard, Standard+, Raw, and Pro, each suiting different trader preferences. Standard accounts require just a $10 deposit; the Standard+ supports promotions at the cost of wider spreads. More active traders might choose the Raw or Pro accounts, both of which require a $500 minimum deposit. The Raw account features the lowest spreads but charges a $6 commission per standard lot. Meanwhile, the Pro account offers lower spreads than Standard accounts without extra commissions. IUX lists average spreads of 0.7 pips on its Pro account and 0.9 pips on the Standard account. It receives a 4-star rating for its competitive pricing, placing it at #49 among 63 brokers in the ForexBrokers.com Commissions and Fees category.
While Tickmill is recognized for its low-cost model that favors active traders, IUX offers flexibility with deposit and account options catering to various trading styles. Traders should consider the balance between commissions, spreads, and minimum deposit requirements when choosing between these brokers. While IUX provides cost-effective plans for a smaller broker, Tickmill remains a top choice due to its superior ranking and all-in trading costs. Both brokers present compelling options, but Tickmill leads with the edge in competitive trading conditions.
| Feature |
Tickmill
|
IUX
|
|---|---|---|
| Minimum Deposit | $100 | 10 |
| Average Spread EUR/USD - Standard | 0.51 | 0.9 |
| All-in Cost EUR/USD - Active | 0.31 | 0.6 |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | 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.
When comparing Tickmill and IUX, both online brokers offer forex trading as CFDs or spot contracts, providing investors with similar opportunities in this domain. Tickmill stands out by offering a wider selection of tradeable symbols, boasting 725 compared to IUX's 152. This broader range also extends to forex pairs, with Tickmill providing access to 63 pairs while IUX offers 34. However, if you're looking to invest directly in international equities, IUX holds the advantage by allowing access to non-CFD stocks on international exchanges. Tickmill, on the other hand, does not offer this option, nor do they provide access to U.S. exchange-traded securities, much like IUX.
In terms of additional features, Tickmill offers copy trading, a potential draw for investors interested in mirroring the strategies of successful traders, a feature not available through IUX. Both brokers allow trading in cryptocurrency derivatives, yet neither offers the purchase of actual, delivered cryptocurrencies. Despite their differing offerings, both brokers share a similar rating for their range of investments, scoring 3.5 stars each. However, Tickmill ranks higher in the industry, holding the 42nd spot compared to IUX's ranking of 60 out of 63 brokers, according to ForexBrokers.com. Both platforms cater to varying investor needs, providing a range of features and instruments suited to different trading strategies.
| Feature |
Tickmill
|
IUX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 725 | 152 |
| Forex Pairs (Total) | 63 | 34 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | Yes | No |
| Cryptocurrency (Physical) | No | 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.
When evaluating online brokers Tickmill and IUX for their trading platforms and tools, both offer simulated trading with free virtual demo accounts, essential for new traders to practice without financial risk. Tickmill does not have a proprietary platform and relies on popular third-party platforms like MetaTrader 4 and 5, while IUX stands out with its proprietary trading platform. Both brokers provide Windows-based desktop and web-based trading platforms, supporting versatility in how traders choose to engage. Tickmill also distinguishes itself by offering copy trading and a slight advantage in its ForexBrokers.com ranking for trading platforms and tools, placed at #32 compared to IUX's #59.
For charting enthusiasts, IUX offers a significant edge with 89 drawing tools compared to Tickmill's 15. However, both brokers facilitate trading directly from stock charts, ensuring seamless operation for active traders. When it comes to managing watch lists, IUX provides significantly more customization with 46 columns compared to Tickmill's seven. In overall ratings, Tickmill edges ahead with four stars, slightly outperforming IUX, which is rated at 3.5 stars for their trading platforms and tools. This suggests that while IUX offers more technical customization options, Tickmill benefits from higher overall user satisfaction in this category.
| Feature |
Tickmill
|
IUX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | 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) | 30 | 106 |
| Charting - Drawing Tools (Total) | 15 | 89 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 46 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Tickmill and IUX both offer mobile apps for iPhone and Android, making trading accessible on the go. Tickmill excels in offering stock and forex price alerts, a feature that IUX does not provide. Both platforms allow for the creation of watchlists with real-time quotes, but neither supports watchlist symbol syncing between the mobile app and online account. When it comes to technical studies, IUX leads with 106 options compared to Tickmill's 30. However, Tickmill allows users to draw trendlines on charts, a function not available with IUX.
Both apps support multiple timeframes and auto-save chart drawings, catering to traders who require detailed analysis. Tickmill continues to stand out with a higher mobile app rating of 4 stars, compared to IUX's 3.5 stars. This is reflected in their rankings by ForexBrokers.com, where Tickmill is placed at #32, significantly higher than IUX's position at #60. Both apps offer a solid suite of features, but Tickmill might appeal more to those who prioritize alerts and chart drawing capabilities.
| Feature |
Tickmill
|
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 considering Tickmill and IUX for market research, Tickmill clearly stands out with its range of features. Tickmill offers daily market commentary and forex news from well-known sources like Bloomberg and Reuters, ensuring traders stay well-informed. In contrast, IUX does not provide these features. Tickmill also gives traders access to a sentiment-based trading tool that displays the ratio of long or short positions across currency pairs, which is absent in IUX’s offerings. Both brokers do not offer tools from Autochartist or Trading Central, and neither provides market research from TipRanks. However, Tickmill does offer research tools from Acuity Trading, such as Signal Centre, adding another layer to its comprehensive research suite.
Both brokers provide an economic calendar for tracking global news events, yet Tickmill enjoys a higher rating for research at four stars compared to IUX's three stars. This superior offering is reflected in Tickmill's higher placement at #22 in the ForexBrokers.com ranking, while IUX lands at #59 out of 63 brokers. For traders prioritizing market research and analysis, Tickmill emerges as the more resourceful choice, offering a wider array of tools to keep its users ahead in the trading game.
| Feature |
Tickmill
|
IUX
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, Tickmill pulls ahead of IUX with its comprehensive offerings. Tickmill provides a rich selection of over 10 articles, videos, and webinars focusing on forex and CFDs. This ensures newcomers have plenty of learning materials at their disposal. In addition to these resources, Tickmill hosts monthly online webinars and maintains a searchable archive of past sessions, making it easy for users to revisit material anytime. An impressive range of beginner-focused videos also enhances Tickmill’s appeal. What truly sets them apart is their provision of advanced trading videos for more experienced traders and a thorough investor dictionary with over 50 terms, contributing to their 4-star education rating.
In contrast, IUX does not match Tickmill's variety in educational content. While IUX offers beginner educational videos, the lack of a wide array of educational pieces, regular webinars, and an archive for learning on demand limits their offering. IUX does not provide educational content specifically tailored for advanced traders nor do they have an extensive investor dictionary. As a result, IUX holds a 3-star rating for education and ranks much lower in the education category compared to Tickmill. For those embarking on their trading journey, Tickmill offers a more immersive educational experience overall.
| Feature |
Tickmill
|
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 Tickmill is better than IUX. Tickmill finished with an overall rank of #22, while IUX finished with an overall rank of #63.
Tickmill is a run-of-the-mill MetaTrader broker that offers a limited selection of tradeable securities. The broker does offer very competitive commission-based pricing for professionals through its VIP and Pro accounts.
| Feature |
Tickmill
|
IUX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 86 | 69 |
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Both Tickmill and IUX allow the purchase of cryptocurrency derivatives, but neither provides the option to buy actual delivered cryptocurrency.
When comparing online brokers Tickmill and IUX, both lack ACH or SEPA transfer options, while Tickmill provides more flexibility with PayPal alongside shared options like Skrill, Visa or Mastercard, and bank wires, whereas IUX does not support PayPal.
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 | Tickmill | IUX | |
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| Trust Score | 86 | 69 | |
| Winner | check_circle | ||
| Review | Tickmill Review |
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| Regulation | Tickmill | IUX | |
|---|---|---|---|
| Trust Score | 86 | 69 | |
| Year Founded | 2014 | 2016 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 0 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Tickmill | IUX | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | 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) | Tickmill | IUX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Tickmill | IUX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 725 | 152 | |
| Forex Pairs (Total) | 63 | 34 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| Cryptocurrency (Physical) | No | 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 | Tickmill | IUX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.51 | 0.9 | |
| All-in Cost EUR/USD - Active | 0.31 | 0.6 | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Tickmill | IUX | |
|---|---|---|---|
| Minimum Deposit | $100 | 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 | No | No |
| Trading Platforms | Tickmill | IUX | |
|---|---|---|---|
| Proprietary Platform | No | 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 | Tickmill | IUX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 46 | |
| Charting - Indicators / Studies (Total) | 30 | 106 | |
| Charting - Drawing Tools (Total) | 15 | 89 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | Tickmill | 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 | Tickmill | IUX | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Tickmill | 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 | Tickmill | 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 | Tickmill Review |
| Overall | Tickmill | IUX | |
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| Trust Score | 86 | 69 | |
| Winner | check_circle | ||
| Review | Tickmill Review |
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