Written by ForexBrokers.com
In this head to head comparison of IUX vs TopFX, 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.
When comparing online brokers IUX and TopFX, their regulatory status and trustworthiness play a significant role in decision-making. Founded in 2016, IUX boasts a ForexBrokers.com Trust Score of 78, placing it in the average risk category. It holds one Tier-1 license, which is considered highly trusted, and one Tier-2 license, signaling a reputable level of credibility in the trading landscape. On the other hand, TopFX, established in 2010, has a Trust Score of 67, categorizing it as high risk. Like IUX, TopFX holds one Tier-1 license, but lacks any Tier-2 licenses, which might be a consideration for investors prioritizing regulatory oversight.
Neither IUX nor TopFX are publicly traded or function as banks, which may affect their appeal to different types of investors. While both brokers share similar foundational attributes in terms of their regulatory licenses, their differing Trust Scores and the absence of Tier-2 licenses for TopFX could be vital factors for potential clients to evaluate before making investment decisions.
| Feature |
IUX
|
TopFX
|
|---|---|---|
| Year Founded | 2016 | 2010 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
If you’re comparing commissions and fees at online brokers IUX and TopFX, both earn 4 out of 5 stars. In ForexBrokers.com’s Commissions and Fees rankings, TopFX is #41 of 63 brokers, while IUX is #49 of 63.
IUX prices vary by account. The Standard and Standard+ accounts are spread-only with a $10 minimum; Standard+ allows deposit bonuses but typically has wider spreads. For active traders, the Pro and Raw accounts require $500. Pro is spread-only with lower spreads than Standard, and IUX lists average EUR/USD spreads of about 0.7 pips on Pro and 0.9 pips on Standard. The commission-based Raw account charges $6 per standard lot, which translates to an estimated all-in cost near 0.6 pips on EUR/USD (no date range provided). Pricing is competitive, but consider the trade-offs between spreads, commissions, bonuses, and minimums.
TopFX offers two choices on MetaTrader and cTrader: the commission-free ZERO account and the commission-based RAW account. RAW charges 2.75 EUR per side (5.50 per round turn) and, based on July 2024 data, combines a 0.33-pip EUR/USD spread with a 0.55-pip commission equivalent for an all-in cost around 0.88 pips—about in line with the industry average. The ZERO account is simpler but averaged 1.03 pips on EUR/USD in July 2024. Minimum deposit depends on the payment method. Compared with these figures, IUX’s Raw estimate (about 0.6 pips, undated) appears cheaper than TopFX’s RAW (about 0.88 pips), while TopFX provides time-stamped spread data.
| Feature |
IUX
|
TopFX
|
|---|---|---|
| Minimum Deposit | 10 | Depends on payment method |
| Average Spread EUR/USD - Standard | 0.9 | 1.03 |
| All-in Cost EUR/USD - Active | 0.6 | 0.88 |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
IUX and TopFX both support forex trading as either CFDs or spot. TopFX offers a wider catalog with 655 tradeable instruments and 60 forex pairs, compared with IUX’s 152 instruments and 34 forex pairs. Neither broker lets you buy U.S.-listed shares outright (non-CFD). However, IUX does provide access to exchange-traded international shares, while TopFX does not.
TopFX includes copy trading, whereas IUX does not. Both brokers offer cryptocurrency derivatives but do not provide actual, delivered crypto. Each earns 3.5 out of 5 stars for Range of Investments; in ForexBrokers.com’s 63-broker ranking, IUX is #61 and TopFX is #47. Pick IUX if access to certain international shares matters to you, and choose TopFX if you want more symbols to trade plus copy trading.
| Feature |
IUX
|
TopFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 152 | 655 |
| Forex Pairs (Total) | 34 | 60 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | Yes |
| 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.
IUX and TopFX both offer free demo accounts, web platforms, and Windows desktop platforms, plus the ability to place trades directly from charts. The key differences are in platform choice: IUX provides a proprietary in-house platform and supports MetaTrader 5 (MT5), while TopFX does not have its own platform but supports MetaTrader 4 (MT4) and offers copy trading.
For charting and organization, IUX lists 89 drawing tools and up to 46 watchlist columns, compared with TopFX’s 15 drawing tools and 7 watchlist columns. Neither broker supports DupliTrade or ZuluTrade. In ForexBrokers.com’s Trading Platforms and Tools category, TopFX earns 4 stars and ranks 46th out of 63 brokers, while IUX earns 3.5 stars and ranks 60th. Choose IUX if you want MT5 and extensive chart customization; pick TopFX if you need MT4 or built-in copy trading.
| Feature |
IUX
|
TopFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 106 | 30 |
| Charting - Drawing Tools (Total) | 89 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 46 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
IUX and TopFX both offer mobile trading apps for iPhone and Android, with multi‑timeframe charts, auto‑saved drawings, and watchlists with real‑time quotes. Neither app syncs watchlists with the web platform. For charting depth, IUX lists 106 technical indicators compared with 30 on TopFX. However, TopFX supports drawing trendlines and setting price alerts for forex or stocks, while IUX lacks both features.
Independent ratings reflect these trade-offs: ForexBrokers.com scores TopFX at 4 stars and ranks it 52nd out of 63 brokers for mobile trading, while IUX earns 3.5 stars and ranks 61st. Choose IUX if you value a large set of indicators; pick TopFX if price alerts and trendline drawing are essential to your on-the-go trading.
| Feature |
IUX
|
TopFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | No | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 106 | 30 |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
IUX vs TopFX for market research: neither broker provides daily market commentary, and both include an economic calendar. The big differences show up in tools and news. IUX does not offer premium forex news feeds (e.g., Bloomberg, Reuters, Dow Jones), nor does it include Autochartist, Trading Central, or a sentiment tool. TopFX, by contrast, delivers top-tier news and offers Autochartist, Trading Central, and sentiment data—useful for idea generation and gauging market positioning. IUX also lacks TipRanks and Acuity Trading tools; for TopFX, TipRanks and Acuity availability wasn’t specified.
Despite these contrasts, both brokers earn 3 out of 5 stars for Research. In ForexBrokers.com’s rankings out of 63 brokers, IUX sits at #60 and TopFX at #61. If you want integrated tools and live news inside your platform, TopFX is the stronger pick; if you only need a basic economic calendar, IUX covers the essentials.
| Feature |
IUX
|
TopFX
|
|---|---|---|
| Daily Market Commentary | No | No |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginner traders comparing IUX and TopFX, IUX has a slight edge thanks to its library of at least 10 beginner-focused educational videos. TopFX does not meet that mark. Outside of those videos, both brokers are limited for learning: neither provides a forex or CFD education library with 10+ pieces, neither hosts monthly educational webinars, and neither offers a searchable archive of past webinars. Both also lack 10+ advanced videos and an investor dictionary with 50+ terms.
The ratings reflect this. IUX and TopFX each earn 3 out of 5 stars for Education. In ForexBrokers.com’s Education rankings, IUX sits at #60 out of 63 brokers, while TopFX is #62. Bottom line: if you want beginner video lessons, IUX is the better pick; if you’re looking for frequent webinars, a large course catalog, or a built-in dictionary, neither broker currently fits those needs.
| Feature |
IUX
|
TopFX
|
|---|---|---|
| Education (Forex or CFDs) | No | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that IUX is better than TopFX. IUX finished with an overall rank of #55, while TopFX finished with an overall rank of #62.
IUX offers a basic trading experience built around MT5 and a proprietary mobile app, featuring low minimum deposits, multiple account types, and a modest range of tradeable markets.
| Feature |
IUX
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TopFX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 78 | 67 |
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Both IUX and TopFX do not offer the ability to buy actual delivered cryptocurrency, but they do provide options for trading cryptocurrency derivatives.
While both IUX and TopFX provide options for depositing or withdrawing account funds via Skrill, Visa, Mastercard, and bank wires, only TopFX supports PayPal, whereas neither of the brokers offer ACH or SEPA transfers.
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 | IUX | TopFX | |
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| Trust Score | 78 | 67 | |
| Winner | check_circle | ||
| Review | IUX Review | TopFX Review |
| Broker Screenshots | IUX | TopFX | |
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| Regulation | IUX | TopFX | |
|---|---|---|---|
| Trust Score | 78 | 67 | |
| Year Founded | 2016 | 2010 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | IUX | TopFX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | 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 | ||
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | IUX | TopFX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | IUX | TopFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 152 | 655 | |
| Forex Pairs (Total) | 34 | 60 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | Yes | |
| 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 | IUX | TopFX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.9 | 1.03 | |
| All-in Cost EUR/USD - Active | 0.6 | 0.88 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | IUX | TopFX | |
|---|---|---|---|
| Minimum Deposit | 10 | Depends on payment method | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| 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 | IUX | TopFX | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | Yes | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | IUX | TopFX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 46 | 7 | |
| Charting - Indicators / Studies (Total) | 106 | 30 | |
| Charting - Drawing Tools (Total) | 89 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | No | Yes |
| Mobile Trading | IUX | TopFX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | No | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 106 | 30 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | IUX | TopFX | |
|---|---|---|---|
| Daily Market Commentary | No | No | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | ||
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | IUX | TopFX | |
|---|---|---|---|
| Education (Forex or CFDs) | No | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | IUX | TopFX | |
|---|---|---|---|
| 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 | IUX Review | TopFX Review |
| Overall | IUX | TopFX | |
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| Trust Score | 78 | 67 | |
| Winner | check_circle | ||
| Review | IUX Review | TopFX Review |
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