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 account | 0.9 | 1.03 |
| All-in Cost EUR/USD - Active | 0.6 | 0.88 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
IUX vs TopFX: both let you trade forex (CFD or spot). TopFX offers a wider selection overall with 655 tradeable symbols and 60 currency pairs, while IUX lists 152 symbols and 34 pairs. Only TopFX supports copy trading; IUX does not. When it comes to shares, neither broker lets you buy U.S.-listed stocks directly, but IUX does provide access to exchange-traded securities on select international exchanges, something TopFX does not.
Crypto access is similar: neither broker sells actual coins, but both offer cryptocurrency CFDs. For the Range of Investments category, each earns 3.5 out of 5 stars. However, in ForexBrokers.com rankings, TopFX places #47 of 63 brokers, ahead of IUX at #61, reflecting its broader market coverage.
| Feature |
IUX
|
TopFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 152 | 655 |
| Forex Pairs (Total) | 34 | 60 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | No | Yes |
| Cryptocurrency (Underlying) | No | 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.
Choosing between IUX and TopFX for trading platforms and tools comes down to what you need. Both brokers offer free demo (paper) accounts, Windows desktop software, and web-based platforms, plus the ability to place trades directly from charts. IUX adds a proprietary in-house platform and supports MetaTrader 5 (MT5) but not MetaTrader 4 (MT4). TopFX does not have a proprietary platform, supports MT4 but not MT5, and the number of built-in technical indicators and watchlist columns for either broker isn’t specified.
When it comes to extra tools, TopFX offers copy trading while IUX does not. Independent ratings from ForexBrokers.com show IUX at 3.5/5 stars and ranked #60 out of 63 brokers for Trading Platforms and Tools, whereas TopFX scores 4/5 stars and ranks #46. If you want MT4 and copy trading, TopFX is the more natural choice; if you prefer a proprietary platform and MT5 access, IUX may fit better.
| Feature |
IUX
|
TopFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 106 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
IUX and TopFX both offer mobile trading apps for iPhone and Android. According to ForexBrokers.com, TopFX holds a slight edge for overall experience with a 4-star rating and a #52 ranking out of 63 brokers, while IUX scores 3.5 stars and ranks #61. If you’re deciding between the two, the difference comes down to priorities rather than basic availability.
For charting, IUX packs in 106 technical studies, far more than TopFX’s 30. However, IUX does not support drawing trendlines or sending price alerts, which can be key for active traders. TopFX includes trendline drawing and price alerts, making it easier to react to market moves. Both apps auto-save chart drawings, and neither offers watchlist syncing between the mobile app and your online account. Choose IUX if you value a wide range of indicators; pick TopFX if alerts and trendline tools matter more to your workflow.
| Feature |
IUX
|
TopFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | No | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 106 | 30 |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Trendlines Autosave | 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 (Articles) | No | No |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | Yes |
| Trading Central | No | Yes |
| Client sentiment data | No | Yes |
| TipRanks | No | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners choosing between IUX and TopFX, IUX has a clear edge in video-based learning. IUX offers at least 10 beginner-focused trading videos, which can make it easier to grasp key concepts early on. TopFX does not meet that same threshold for beginner videos. Neither broker hosts monthly educational webinars, and neither provides 10 or more advanced videos, so traders hoping for live sessions or a deep library for more experienced topics may need outside resources for forex and CFD education.
According to ForexBrokers.com, both IUX and TopFX earn 3 out of 5 stars for Education. In the Education category, IUX ranks #60 out of 63 brokers, while TopFX ranks #62. In practical terms, both brokers have room to grow, but if you value a larger set of beginner videos to start learning, IUX is the stronger pick. If you want webinars or more advanced lessons, consider supplementing with third-party forex and CFD education tools.
| Feature |
IUX
|
TopFX
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | 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
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| Trust Score | 78 | 67 |
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IUX vs TopFX: neither broker offers buying actual (delivered) cryptocurrencies, but both provide cryptocurrency CFD trading, allowing you to speculate on crypto prices without owning the underlying asset.
In the IUX vs TopFX comparison of deposit and withdrawal methods, IUX does not support ACH/SEPA or PayPal but does accept Skrill and bank wire transfers, while TopFX also does not support ACH/SEPA and its availability for PayPal, Skrill, Visa/Mastercard, and bank wire funding or withdrawals is not specified.
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 (FSA 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. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | No | Yes | |
| Cryptocurrency (Underlying) | No | 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 | IUX | TopFX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.9 | 1.03 | |
| All-in Cost EUR/USD - Active | 0.6 | 0.88 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | IUX | TopFX | |
|---|---|---|---|
| Minimum Deposit | 10 | Depends on payment method | |
| PayPal (Deposit/Withdraw) | No | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | No |
| Trading Platforms | IUX | TopFX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | Yes |
| Trading Tools | IUX | TopFX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 106 | 30 | |
| 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 Price Alerts | No | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 106 | 30 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | No | Yes |
| Research | IUX | TopFX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | No | No | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | Yes | |
| Trading Central | No | Yes | |
| TipRanks | No | ||
| Client sentiment data | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | IUX | TopFX | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No |
| Major Forex Pairs | IUX | TopFX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| 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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