Written by ForexBrokers.com
In this head to head comparison of Xtrade 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.
When comparing online brokers Xtrade and IUX, it's essential to consider their trustworthiness and regulatory status. Founded in 2003, Xtrade has a longer track record in the market compared to IUX, which was established in 2016. Neither broker is publicly traded or operates as a bank. In terms of regulatory compliance, Xtrade possesses one Tier-1 license and one Tier-2 license, reflecting a higher level of trust and compliance. In contrast, IUX holds only a Tier-2 license, lacking the highly trusted Tier-1 accreditation.
Trust ratings provided by ForexBrokers.com further highlight the differences between these two brokers. Xtrade scores a 74, indicating an average risk level, while IUX scores 69, placing it in the high-risk category. These scores can provide peace of mind for those seeking a regulated online broker. Understanding these ratings is crucial for investors aiming to choose a broker that aligns with their trust and security preferences.
| Feature |
Xtrade
|
IUX
|
|---|---|---|
| Year Founded | 2003 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 0 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
Xtrade is known for not providing average spread data, which can make it difficult to assess its true cost structure. The broker has received a rating of 2.5 stars for commissions and fees, placing it at the bottom, ranked at 63 out of 63 brokers as evaluated by ForexBrokers.com. This suggests that traders might find more competitive pricing options elsewhere, particularly if transparency and predictable fee structures are a priority.
Alternatively, IUX offers a more nuanced approach to its commissions and fees, with pricing largely depending on the account type chosen. Both the Standard and Standard+ accounts require just a $10 minimum deposit but differ in spreads and promotion policies. The Standard account boasts lower spreads without promotional bonuses, while the Standard+ account offers bonuses at the cost of wider spreads. For those seeking lower spreads, IUX provides the Raw and Pro accounts, each with a $500 minimum deposit. The Raw account features the lowest spreads at a commission of $6 per 100,000 units, while the Pro account is spread-only, offering competitive rates compared to the Standard accounts.
Overall, IUX achieves a better score, rated 4 stars for commissions and fees and ranked 49th out of 63 brokers. This rating reflects its competitive pricing structure, particularly for active traders who can benefit from the Raw and Pro accounts. While IUX doesn’t emerge as the lowest-cost leader in the industry, its Pro account offers a noteworthy option. Prospective clients should consider their priorities in terms of spreads, commissions, and deposit requirements when deciding between IUX's different account offerings.
| Feature |
Xtrade
|
IUX
|
|---|---|---|
| Minimum Deposit | $250 | 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) | No | 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 the investment options offered by Xtrade and IUX, both brokers provide forex trading through CFDs and spot contracts, catering to traders who are interested in currency markets. Xtrade takes the lead with a broader selection of 482 tradeable symbols, including 56 forex pairs. In contrast, IUX offers 152 tradeable symbols, with 34 being forex pairs. Both platforms allow trading of cryptocurrency derivatives rather than actual cryptocurrencies, yet neither provides the feature to buy exchange-traded securities on U.S. exchanges.
For those interested in trading international stocks, IUX stands out by offering access to exchange-traded securities on international exchanges, which Xtrade does not provide. Despite these differences in offerings, both Xtrade and IUX receive a similar rating of 3.5 stars for their range of investments. However, Xtrade holds a slightly better rank at #49 compared to IUX's #60 according to ForexBrokers.com. Though neither broker supports copy trading or actual cryptocurrency purchases, the broader range at Xtrade might appeal to those looking for more tradeable symbols. At the same time, IUX's unique access to international stocks may attract investors interested in diverse global markets.
| Feature |
Xtrade
|
IUX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 482 | 152 |
| Forex Pairs (Total) | 56 | 34 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | No | 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 comparing the trading platforms and tools between Xtrade and IUX, both online brokers provide some similar offerings, yet also have key differences. Xtrade stands out with its easy-to-use web-based trading platform and a noteworthy selection of 100 drawing tools for charting, even though it lacks a desktop platform and offers no support for popular trading software like MetaTrader 4 (MT4) or MetaTrader 5 (MT5). This is complemented by a user-friendly demo account for practice. IUX, on the other hand, offers a more extensive Windows-based desktop platform alongside its web platform. While it provides support for MetaTrader 5 but not MT4, it offers an impressive 46 watch list columns, making it ideal for traders who need to track multiple market aspects. Both platforms allow trading directly from stock charts, simplifying the user experience.
Despite these features, Xtrade and IUX both score a respectable 3.5 stars for their trading platforms and tools, though they rank differently in the industry, with Xtrade at #58 and IUX at #59 out of 63 brokers according to ForexBrokers.com. Neither platform currently supports copy trading or integration with services like DupliTrade and ZuluTrade. For traders who prioritize a wide range of technical indicators, it's important to note the information on charting tools is limited. However, each platform offers unique features that cater to varied trading preferences, helping users make informed decisions based on their specific needs and platform familiarity.
| Feature |
Xtrade
|
IUX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | No |
| MetaTrader 4 (MT4) | No | No |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | N/A | 106 |
| Charting - Drawing Tools (Total) | 100 | 89 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 9 | 46 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Xtrade and IUX provide iPhone and Android apps, ensuring traders have access to their platforms on the go. However, neither Xtrade nor IUX offers price alerts or allows for syncing watchlists between the mobile app and the online account. This means that any changes you make on one platform won't be reflected in the other. When it comes to technical studies, there's a significant difference: IUX offers 106 options for charting, while Xtrade does not specify any. Unfortunately, neither platform supports drawing trendlines on charts through their mobile apps.
Despite some limitations, IUX allows users to view multiple time frames on charts and automatically saves drawing changes, enhancing convenience for more technical traders. Additionally, IUX lets you create watchlists with real-time quotes, a feature Xtrade lacks. Nonetheless, Xtrade scores higher overall, with a rating of 4 out of 5 stars compared to IUX's 3.5 stars. According to ForexBrokers.com, Xtrade holds the 53rd spot while IUX sits at 60th among 63 brokers in the Mobile Trading Apps category. Ultimately, both apps cater to mobile trading needs, but IUX offers a few more advanced charting tools for users who value deeper analysis.
| Feature |
Xtrade
|
IUX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | No | No |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | N/A | 106 |
| Mobile Charting - Draw Trendlines | No | No |
| Mobile Charting - Multiple Time Frames | No | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | No | Yes |
Dive deeper: Best Forex Trading Apps.
When exploring market research offerings of online brokers, Xtrade and IUX present distinct features and benefits. Xtrade stands out by providing daily market commentary and forex news from high-quality sources such as Bloomberg and Reuters, enhancing investor insights. In contrast, IUX lacks these features. Both platforms do offer an economic calendar that highlights important global news events, helping traders stay informed about global economic shifts. Notably, neither Xtrade nor IUX provides specialized tools from Autochartist or Trading Central, nor do they include sentiment-based trading tools, TipRanks insights, or research tools from Acuity Trading.
Comparing the research experience further, Xtrade earns a modest 3.5-star rating, surpassing IUX’s 3-star rating. As a result, Xtrade ranks 52nd out of 63 brokers in the ForexBrokers.com research category, ahead of IUX, which holds the 59th spot. These rankings highlight Xtrade's slightly better performance in delivering comprehensive research tools compared to IUX. Therefore, for those who value daily commentary and high-quality forex news, Xtrade is the more favorable choice, while both brokers support an economic calendar as a shared feature.
| Feature |
Xtrade
|
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 | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, Xtrade and IUX each offer unique benefits. Xtrade supports new traders with over ten pieces focused on forex and CFDs, and an extensive investor dictionary containing over 50 terms, facilitating an easier entry into investing. However, while their educational offerings are solid, they do not host regular webinars or provide a library of recorded sessions, nor do they focus heavily on beginner-specific video tutorials.
In contrast, IUX shines in its provision of beginner-oriented educational videos, with over ten videos dedicated to introducing foundational trading concepts. Yet, IUX does not supply the same depth in forex and CFDs education as Xtrade, nor do they maintain an investor dictionary. Neither broker offers frequent webinars or advanced video content. Ranked #46 by ForexBrokers.com and receiving 3.5 stars for education, Xtrade edges out IUX, which holds a slightly lower rank of #59 and a 3-star rating in educational offerings.
| Feature |
Xtrade
|
IUX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | 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 Xtrade is better than IUX. Xtrade finished with an overall rank of #59, while IUX finished with an overall rank of #63.
Xtrade offers forex and CFD traders its own newly updated and redesigned trading platform, yet with just below 500 symbols that you can trade and recent regulatory issues it trails behind the best forex brokers.
| Feature |
Xtrade
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IUX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 74 | 69 |
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Both Xtrade and IUX do not provide the option to purchase actual delivered cryptocurrency, but they both offer the ability to trade cryptocurrency derivatives.
Both Xtrade and IUX offer Skrill, Visa, Mastercard, and bank wires as options for depositing or withdrawing account funds, but neither supports ACH, SEPA, or PayPal transactions.
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 | Xtrade | IUX | |
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| Trust Score | 74 | 69 | |
| Winner | check_circle | ||
| Review | Xtrade Review |
| Broker Screenshots | Xtrade | IUX | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
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| Regulation | Xtrade | IUX | |
|---|---|---|---|
| Trust Score | 74 | 69 | |
| Year Founded | 2003 | 2016 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 1 | 0 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Xtrade | 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) | No | 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) | Xtrade | IUX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Xtrade | IUX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 482 | 152 | |
| Forex Pairs (Total) | 56 | 34 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | No | 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 | Xtrade | 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 | No | Yes | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Xtrade | IUX | |
|---|---|---|---|
| Minimum Deposit | $250 | 10 | |
| PayPal (Deposit/Withdraw) | No | 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 | Xtrade | IUX | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | No | |
| MetaTrader 4 (MT4) | No | No | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Xtrade | IUX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | No | Yes | |
| Watchlists - Total Fields | 9 | 46 | |
| Charting - Indicators / Studies (Total) | N/A | 106 | |
| Charting - Drawing Tools (Total) | 100 | 89 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | No | No |
| Mobile Trading | Xtrade | IUX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | No | No | |
| Mobile Watchlist | No | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | N/A | 106 | |
| Mobile Charting - Draw Trendlines | No | No | |
| Mobile Charting - Multiple Time Frames | No | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | No | No |
| Research | Xtrade | 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 | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Xtrade | IUX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | No | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Xtrade | 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 | Xtrade Review |
| Overall | Xtrade | IUX | |
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| Trust Score | 74 | 69 | |
| Winner | check_circle | ||
| Review | Xtrade Review |
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