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IUX vs OANDA

Side-by-side broker intelligence across regulation, spreads, fees, platforms, and overall model score. Category winners use transparent heuristics and should be treated as editorial guidance, not investment advice.

IUX rating

4.8

OANDA rating

4.6

Score gap

4 pts

Matchup

Head to head

Winners by category

Pricing & spreads
IUX leads- Edge for IUX (103.2 vs 96.2).
Regulation breadth
OANDA leads- Edge for OANDA (94.5 vs 66.5).
User experience
IUX leads- Edge for IUX (76.6 vs 72.1).
Editorial composite
IUX leads- Edge for IUX (107.4 vs 102.8).

Full comparison table

Rating

IUX

4.8

OANDA

4.6

Model score

IUX

93

OANDA

89

Regulation

IUX

IUX operates through several global entities to service its international client base. It holds licenses from the FSC in Mauritius (Investment Dealer license), the FSA in St. Vincent and the Grenadines, and the ASIC in Australia (IUX Markets AU Pty. Ltd., tailored for specific wholesale/institutional client operations rather than broad retail).

OANDA

CFTC/NFA (USA), FCA (UK), ASIC (Australia), MAS (Singapore), IIROC (Canada), CIRO (Canada), JFSA (Japan)

Spreads

IUX

UX boasts institutional-grade pricing. The Standard Account features minimum spreads starting from 0.2 pips, the Pro Account from 0.1 pips, and the Raw Account offers interbank spreads starting at 0.0 pips. The broker utilizes low-latency fiber-optic connections to deliver ~30 ms execution times.

OANDA

Spreads start from 0.0 pips on Core + Commission accounts, and from 1.0 pips on Standard Core accounts. Fully automated V20 execution engine with zero requotes.

Fees

IUX

Pricing is highly competitive and depends on the account. The Standard and Pro accounts are commission-free (costs are baked into the spread). The Raw account charges a $7 commission per lot round-turn, which is an industry standard for raw ECN pricing. The broker does not charge deposit or internal withdrawal fees.

OANDA

Core Pricing: Spread-only pricing (average EUR/USD ~1.0 - 1.2 pips). Core + Commission: Raw spreads from 0.0 pips + $3.50 commission per side ($7.00 round turn). No deposit or withdrawal fees.

Platforms

IUX

The broker is highly streamlined. Traders can use the proprietary IUX WebTerminal, the IUX Trade App (highly rated on iOS and Android), or the industry-leading MetaTrader 5 (MT5) suite.

OANDA

fxTrade Web/Mobile, MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView

Account types

IUX

IUX offers three main tiers: Standard: Best for general traders ($50 min. deposit, spreads from 0.2, zero commission). Raw: Best for scalpers and EAs ($200 min. deposit, spreads from 0.0, $7/lot commission). Pro: Best for high-volume, long-term traders ($200 min. deposit, ultra-low spreads from 0.1, zero commission).

OANDA

Standard Core, Core + Commission, Premium / Elite Trader, Demo Account

Min deposit

IUX

$50 for the entry-level Standard account, and $200 for the Raw and Pro accounts.

OANDA

($0 )No minimum in some regions