Written by ForexBrokers.com
In this head to head comparison of FP Markets 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 the online brokers FP Markets and IUX, key differences arise in their founding years and regulatory credentials. Established in 2005, FP Markets holds two Tier-1 licenses and one Tier-2 license, indicating a firm regulatory backing. On the other hand, IUX, founded in 2016, possesses one Tier-1 and one Tier-2 license. Neither FP Markets nor IUX are publicly traded or operate as banks, but in terms of trust, according to ForexBrokers.com, FP Markets scores an 89, categorizing it as trusted, while IUX has a score of 78, placing it in the average risk bracket.
The regulatory environment and trust score differences are significant for potential investors. FP Markets benefits from a longer market presence and a higher trust rating. While both companies share similar licensing at the Tier-2 level, FP Markets' additional Tier-1 license may offer added assurance to users. These factors could be critical for traders evaluating their options in online brokerage services.
| Feature |
FP Markets
|
IUX
|
|---|---|---|
| Year Founded | 2005 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
FP Markets and IUX both offer competitive commissions and fees, but they cater to slightly different trader profiles. FP Markets earns 5 out of 5 stars for commissions and fees and ranks #11 out of 63 brokers by ForexBrokers.com, helped by its award-winning 2024 “Best in Class” pricing. IUX earns 4 out of 5 stars and ranks #19 out of 63, delivering solid value for a smaller broker with several low-cost account types.
FP Markets shines on MetaTrader and cTrader with its commission-based Raw ECN account: spreads averaged 0.1 pips as of October 2023, about 0.8 pips all-in after a $6 per round-turn commission per standard lot. Its Standard account (spread-only) is higher at about 1.1 pips on EUR/USD. FP Markets also offers DMA share CFDs via Iress ViewPoint, but monthly platform/data fees can apply unless you meet higher deposit or activity thresholds; the lower-cost Iress Investor plan waives monthly fees but has limited tools and non-streaming quotes. Bottom line: FP Markets delivers top-tier ECN pricing and platform choice, with the caveat that Iress ViewPoint is best for active, higher-balance traders.
IUX’s pricing depends on account selection. Standard and Standard+ need only a $10 minimum; Standard aims for lower spreads, while Standard+ supports bonuses with wider spreads. For active traders, the Pro (spread-only) and Raw (commission-based) accounts each require $500. The Raw account charges $6 per 100,000 units and targets the tightest spreads, with an average near 0.6 pips when you factor in the commission; Pro averages about 0.7 pips and Standard about 0.9 pips on EUR/USD (no date range provided). If you want the lowest all-in costs at a $500 minimum, IUX Raw is compelling; if you value award-winning pricing transparency, ECN execution across MetaTrader and cTrader, and access to DMA shares, FP Markets is the stronger pick.
| Feature |
FP Markets
|
IUX
|
|---|---|---|
| Minimum Deposit | $100 AUD | 10 |
| Average spread (EUR/USD) - Standard account | 1.3 | 0.86 |
| All-in Cost EUR/USD - Active | 0.9 | 0.6 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
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FP Markets vs IUX: both brokers support forex trading (available as CFDs or spot), and both offer cryptocurrency CFDs but not actual, delivered crypto. FP Markets provides a far wider catalog with about 10,000 tradeable symbols and 71 forex pairs, plus copy trading. IUX lists around 152 symbols and 34 forex pairs and does not offer copy trading.
Neither broker lets you buy U.S.-listed shares directly, but IUX does provide access to some international exchange-traded securities, while FP Markets does not. For range of investments, FP Markets earns 4.5/5 stars and ranks #16 out of 63 brokers at ForexBrokers.com; IUX scores 3.5/5 stars and ranks #35.
| Feature |
FP Markets
|
IUX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 152 |
| Forex Pairs (Total) | 71 | 34 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | Yes |
| Copy Trading | Yes | No |
| 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.
Comparing FP Markets vs IUX on trading platforms and tools, both brokers provide free demo (paper) accounts, proprietary platforms, Windows desktop downloads, and web-based platforms. Each also supports trading directly from charts. Platform coverage differs in key ways: FP Markets offers both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while IUX supports MT5 but not MT4. FP Markets includes copy trading; IUX does not. Reflecting these differences, FP Markets earns 4 stars and ranks #22 out of 63 for Trading Platforms and Tools at ForexBrokers.com, while IUX holds 3.5 stars and ranks #35.
If you want MT4 or copy trading, FP Markets is the better fit. If you’re fine with MT5 and a proprietary platform, IUX can suit your needs. In either case, the free demo makes it easy to test the web and desktop platforms, explore chart trading, and see which workflow you prefer before committing real funds.
| Feature |
FP Markets
|
IUX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 30 | 106 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FP Markets and IUX both offer mobile trading apps for iPhone and Android. The key differences show up in essentials: FP Markets supports price alerts, while IUX does not. Neither broker syncs watchlists between mobile and the web. For chart tools, both apps auto-save your drawings, but only FP Markets lets you draw trendlines; IUX does not.
When it comes to charting depth, FP Markets uses MetaTrader’s default set of indicators, whereas IUX lists 106 technical studies. For overall quality, FP Markets earns 4 stars and ranks #20 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com; IUX scores 3.5 stars and ranks #35. Choose FP Markets if alerts and trendline drawing matter to you; pick IUX if you want a larger library of indicators on mobile.
| Feature |
FP Markets
|
IUX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | No |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 106 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing FP Markets vs IUX for market research: FP Markets delivers daily market commentary, forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, and popular technical and fundamental tools from Autochartist and Trading Central. It also includes a sentiment tool that shows long/short positioning across instruments, plus an economic calendar. IUX offers an economic calendar but does not provide daily commentary, top-tier forex news, Autochartist, Trading Central, or a sentiment tool. Both brokers do not include TipRanks or Acuity Trading tools.
According to ForexBrokers.com, FP Markets earns 4 stars and ranks 22nd out of 63 brokers for Research, while IUX earns 3 stars and ranks 35th. In short, FP Markets is better suited to traders who want frequent insights and built-in analysis tools, whereas IUX focuses on basic calendar coverage.
| Feature |
FP Markets
|
IUX
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central | Yes | No |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners comparing forex and CFD education, both FP Markets and IUX offer at least 10 beginner-focused trading videos, making it easy to get started with the basics. FP Markets goes a step further with live online webinars held at least once a month, while IUX does not currently run monthly educational webinars. FP Markets also provides 10 or more advanced videos for when you’re ready to level up, whereas IUX does not meet that threshold for advanced lessons.
These differences show up in independent ratings: FP Markets earns 4 out of 5 stars for Education and ranks #22 out of 63 brokers on ForexBrokers.com, while IUX scores 3 out of 5 stars and ranks #35. If you want a fuller learning path with live sessions and advanced topics, FP Markets is the stronger choice. If you just need a library of beginner videos to learn the basics, IUX can still do the job.
| Feature |
FP Markets
|
IUX
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FP Markets is better than IUX. FP Markets finished with an overall rank of #19, while IUX finished with an overall rank of #35.
FP Markets shines as a low-cost broker for trading forex and CFDs – as long as you use the MetaTrader platform. The Iress platform suite offers well over 9,000 tradeable symbols, but it’s mostly a share trading platform – and is generally a much pricier option.
| Feature |
FP Markets
|
IUX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 89 | 78 |
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FP Markets and IUX do not support buying actual (delivered) cryptocurrency, but both online brokers offer cryptocurrency CFD trading.
When comparing online brokers FP Markets vs IUX for funding and withdrawals: neither supports ACH or SEPA; FP Markets supports PayPal while IUX does not; both support Skrill and bank wires; Visa/Mastercard availability is not specified for either broker.
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 | FP Markets | IUX | |
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| Trust Score | 89 | 78 | |
| Winner | check_circle | ||
| Review | FP Markets Review | IUX Review |
| Broker Screenshots | FP Markets | IUX | |
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| Regulation | FP Markets | IUX | |
|---|---|---|---|
| Trust Score | 89 | 78 | |
| Year Founded | 2005 | 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 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | FP Markets | IUX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| 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). | Yes | No |
| Tier-2 Licenses (Trusted) | FP Markets | IUX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | FP Markets | IUX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 152 | |
| Forex Pairs (Total) | 71 | 34 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | Yes | |
| Copy Trading | Yes | No | |
| 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 | FP Markets | IUX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.3 | 0.86 | |
| All-in Cost EUR/USD - Active | 0.9 | 0.6 | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | FP Markets | IUX | |
|---|---|---|---|
| Minimum Deposit | $100 AUD | 10 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | FP Markets | IUX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No |
| Trading Tools | FP Markets | IUX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 106 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | FP Markets | IUX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | No | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 106 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | FP Markets | IUX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FP Markets | IUX | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | FP Markets | IUX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | FP Markets Review | IUX Review |
| Overall | FP Markets | IUX | |
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| Trust Score | 89 | 78 | |
| Winner | check_circle | ||
| Review | FP Markets Review | IUX Review |
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