4.8
4.5
7 pts
Head to head
Winners by category
Full comparison table
Rating
IUX
4.8
XM
4.5
Model score
IUX
93
XM
86
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).
XM
ASIC (Australia), CySEC (Cyprus), DFSA (Dubai), FSC (Belize)
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.
XM
Spreads start from 0.6 pips on XM Ultra Low accounts. 99.35% of orders executed in under 1 second with no requotes or order rejections.
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.
XM
XM Ultra Low Account: Spread-only pricing from 0.6 pips with zero commissions. Standard & Micro Accounts: Spreads start from 1.0 pips with no commission. Shares Account: Commission-based equity trading.
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.
XM
MetaTrader 4 (MT4), MetaTrader 5 (MT5), XM App
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).
XM
Micro, Standard, XM Ultra Low, Shares Account, Swap-Free (Islamic), Demo
Min deposit
IUX
$50 for the entry-level Standard account, and $200 for the Raw and Pro accounts.
XM
$5
| Topic | IUX | XM |
|---|---|---|
| Rating | 4.8 | 4.5 |
| Model score | 93 | 86 |
| Regulation | 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). | ASIC (Australia), CySEC (Cyprus), DFSA (Dubai), FSC (Belize) |
| Spreads | 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. | Spreads start from 0.6 pips on XM Ultra Low accounts. 99.35% of orders executed in under 1 second with no requotes or order rejections. |
| Fees | 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. | XM Ultra Low Account: Spread-only pricing from 0.6 pips with zero commissions. Standard & Micro Accounts: Spreads start from 1.0 pips with no commission. Shares Account: Commission-based equity trading. |
| Platforms | 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. | MetaTrader 4 (MT4), MetaTrader 5 (MT5), XM App |
| Account types | 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). | Micro, Standard, XM Ultra Low, Shares Account, Swap-Free (Islamic), Demo |
| Min deposit | $50 for the entry-level Standard account, and $200 for the Raw and Pro accounts. | $5 |