Written by ForexBrokers.com
In this head to head comparison of TMGM 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.
TMGM, established in 2013, and IUX, founded in 2016, stand as significant players in the online brokerage scene, though neither is publicly traded nor operates as a bank. Both brokers show a strong commitment to operating within regulated frameworks but differ in their regulatory standings. TMGM holds two Tier-1 licenses, deemed highly trustworthy by ForexBrokers.com, while IUX holds one. Additionally, TMGM does not possess any Tier-2 licenses, whereas IUX holds one, reflecting its trusted status.
When examining trust, TMGM secures a Trust Score of 83 from ForexBrokers.com, positioning it within the 'trusted' category. Meanwhile, IUX holds a score of 78, indicating an average risk level. These scores highlight the relative confidence investors might place in these brokers, guiding those looking to choose a platform that aligns with their safety preferences. While both brokers provide secure platforms for trading, potential users may favor TMGM for its higher trust rating and more extensive Tier-1 regulation.
| Feature |
TMGM
|
IUX
|
|---|---|---|
| Year Founded | 2013 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
TMGM and IUX both earn 4 out of 5 stars for commissions and fees, but they rank differently: TMGM sits at #37 of 63 on ForexBrokers.com, while IUX is #49 of 63. TMGM’s Edge account pairs low spreads with a small commission, yet recent average spread data for EUR/USD wasn’t available, which can make apples-to-apples cost comparisons harder. IUX, by contrast, publishes more specific average spreads across its account lineup, helping traders estimate all-in costs more easily.
At TMGM, your trading costs depend on the account you choose. The Classic account is spread-only, while the Edge account charges $3.50 per side ($7 round trip) with low prevailing spreads and no requotes. Islamic traders should note that swap-free access is available only on the Edge account. The lack of published EUR/USD average spreads limits transparency, but the Edge account’s small commission keeps potential costs attractive. TMGM’s commissions and fees rating: 4/5 stars; category ranking: #37 of 63.
IUX offers several tiers: Standard and Standard+ (both $10 minimum deposit) are spread-only, with Standard generally offering tighter spreads than Standard+. For active traders, the Pro (spread-only) and Raw (commission) accounts each require $500. IUX lists an average spread of 0.9 pips on Standard, 0.7 pips on Pro, and an all-in cost near 0.6 pips on the Raw account when you factor in its $6 per-lot commission. IUX’s pricing is competitive—especially on Pro and Raw—though not the absolute cheapest. IUX’s commissions and fees rating: 4/5 stars; category ranking: #49 of 63.
| Feature |
TMGM
|
IUX
|
|---|---|---|
| Minimum Deposit | $100 | 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 | 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.
TMGM delivers a far wider range of investments than IUX, with 12,000 tradeable symbols and 62 forex pairs, compared with IUX’s 152 symbols and 34 forex pairs. Both brokers support forex trading as CFDs or spot contracts and both offer cryptocurrency derivatives, but neither lets you buy actual crypto. For stock access, neither broker offers U.S. exchange‑traded shares (non‑CFDs); however, IUX does provide international exchange‑traded shares (non‑CFDs), while TMGM does not. TMGM also offers copy trading, which IUX does not.
For Range of Investments, TMGM is rated 4.5 out of 5 stars and ranks #18 out of 63 brokers, while IUX holds 3.5 stars and ranks #61. In short, choose TMGM if you want many markets and copy trading, or consider IUX if international exchange‑traded shares (non‑CFDs) are a priority.
| Feature |
TMGM
|
IUX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 12000 | 152 |
| Forex Pairs (Total) | 62 | 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.
Comparing TMGM and IUX for trading platforms and tools: both brokers offer free demo (paper) accounts, web platforms, Windows desktop apps, and the ability to place trades directly from charts. TMGM supports MetaTrader 4 and MetaTrader 5 and does not have its own in-house platform. IUX offers a proprietary platform and MetaTrader 5, but not MetaTrader 4. Copy trading is available at TMGM and not at IUX. Neither broker connects to DupliTrade or ZuluTrade.
For charting and organization, TMGM includes 15 drawing tools and 7 watchlist columns, while IUX steps up with 89 drawing tools and 46 watchlist fields. In independent testing of trading platforms and tools, TMGM earned 4 stars and ranked 49th out of 63 brokers; IUX earned 3.5 stars and ranked 60th. Choose TMGM if you want MT4 and copy trading within a familiar MetaTrader setup, or IUX if you prefer a proprietary platform with more drawing options and deeper watchlist customization.
| Feature |
TMGM
|
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.
TMGM and IUX both offer mobile trading apps for iPhone and Android, with real-time quote watchlists, multiple time frames, and auto-saving for chart drawings. A key difference is price alerts: TMGM supports stock/forex alerts, while IUX does not. Neither broker syncs mobile watchlists with the web platform, so changes you make on one device won’t carry over automatically.
For charting, IUX packs more technical studies (106 vs. TMGM’s 30), but TMGM lets you draw trendlines in the app, which IUX lacks. Overall ratings tilt toward TMGM at 4 stars versus IUX at 3.5 stars. In ForexBrokers.com’s Mobile Trading Apps rankings out of 63 brokers, TMGM places #48 and IUX ranks #61. Choose TMGM if alerts and on-chart drawing matter most; consider IUX if you want a larger built-in library of indicators.
| Feature |
TMGM
|
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.
Comparing market research at TMGM and IUX, TMGM offers more built-in resources. TMGM provides daily market commentary and forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones. It also includes Trading Central analytics, a sentiment tool that shows the long/short ratio, and research from Acuity Trading (Signal Centre). Both brokers offer an economic calendar, and neither provides Autochartist or TipRanks.
These differences show in the ratings. TMGM scores 3.5 out of 5 stars for research and ranks 54th out of 63 brokers at ForexBrokers.com, while IUX scores 3 stars and ranks 60th. If you want commentary, professional news, sentiment data, and Trading Central insights, TMGM is the stronger pick; if you mainly need a calendar, either broker will work.
| Feature |
TMGM
|
IUX
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | 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.
Comparing TMGM vs IUX for beginner education: neither broker offers a large forex or CFD education library (10+ pieces), and neither runs monthly live client webinars. TMGM does provide a searchable archive of recorded webinars, which helps self-learners catch up at their own pace, while IUX does not offer an archive.
For videos, IUX has an edge for newcomers with at least 10 beginner-focused trading videos; TMGM falls short of that mark. On the flip side, TMGM includes an investor dictionary with 50+ terms, which IUX lacks. Neither broker supplies 10+ advanced videos. Overall, TMGM earns a higher education score (3.5 stars, ranked #54 of 63) than IUX (3 stars, ranked #60), making TMGM slightly stronger overall, while IUX may appeal if you want more beginner videos specifically.
| Feature |
TMGM
|
IUX
|
|---|---|---|
| Education (Forex or CFDs) | No | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | No | Yes |
| Videos - Advanced Trading Videos | No | 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 TMGM is better than IUX. TMGM finished with an overall rank of #37, while IUX finished with an overall rank of #55.
TMGM stands out for its impressive education toolset, though it still trails behind the best brokers in most categories. TMGM offers a small range of markets via the MetaTrader 4 (MT4) platform. While primarily a MetaTrader broker, it also offers the more exclusive IRESS platform – though the platform-specific requirements will limit who can use it.
| Feature |
TMGM
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IUX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 83 | 78 |
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Both TMGM and IUX do not offer the option to buy actual delivered cryptocurrency, but they do provide the ability to trade in cryptocurrency derivatives.
When comparing online brokers TMGM and IUX, it's notable that both lack ACH or SEPA transfer options for fund transactions, but differ as TMGM supports PayPal and both brokers facilitate Skrill, Visa, Mastercard, and bank wire deposits and withdrawals.
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 | TMGM | IUX | |
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| Trust Score | 83 | 78 | |
| Winner | check_circle | ||
| Review | TMGM Review | IUX Review |
| Broker Screenshots | TMGM | IUX | |
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| Regulation | TMGM | IUX | |
|---|---|---|---|
| Trust Score | 83 | 78 | |
| Year Founded | 2013 | 2016 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | TMGM | IUX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| 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 | ||
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No |
| Tier-2 Licenses (Trusted) | TMGM | IUX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | TMGM | IUX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 12000 | 152 | |
| Forex Pairs (Total) | 62 | 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 | TMGM | 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 | No | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | TMGM | 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 | TMGM | 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 | TMGM | 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 | TMGM | 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 | TMGM | IUX | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | TMGM | IUX | |
|---|---|---|---|
| Education (Forex or CFDs) | No | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | No | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | TMGM | 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 | TMGM Review | IUX Review |
| Overall | TMGM | IUX | |
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| Trust Score | 83 | 78 | |
| Winner | check_circle | ||
| Review | TMGM Review | IUX Review |
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