IUX vs FXTM

Quick Answer

Best for	Winner	Why
No inactivity fee	IUX	FXTM: $10 a month after 3 months without trading
MetaTrader 4	FXTM	IUX is MT5 only

A “winner” here means the better published figure on that one line. It is not a recommendation: the right broker depends on where you live and how you trade.

Comparison Table

	IUX	FXTM
Operating since	2016	Over ten years (FXTM’s own figure)
Company for international clients	IUX Markets (MU) Ltd, licensed by the FSC in Mauritius (GB22200605)	Exinity Limited, licensed by the FSC in Mauritius (Investment Dealer, C113012295)
Regulators in the group	FSC Mauritius; SVG registration	FSC Mauritius, FSCA South Africa, CMA Kenya (plus a UAE CMA licence for promotion only)
Minimum deposit	$30 (Standard); $200 (Raw and Pro)	$30 on Micro; $100 on Rewards Plus, $200 on Rewards, $500 on Advantage
Commission-free spreads	Standard from 0.2 pips; Pro from 0.1 pips	Rewards from 0.9 pips; Rewards Plus from 1.5 pips; Micro from 1.7 pips
Raw-spread account	Raw from 0.0 pips plus $7 per lot	Advantage from 0.0 pips plus $3.50 per side on forex
Maximum leverage	1:3000 (cut to 1:400 around high-impact news)	1:5000 on Rewards and Rewards Plus; 1:3000 on Advantage; 1:1000 on Micro (Kenya up to 1:400)
Platforms	MT5, IUX Trade App, IUX WebTerminal	MT4, MT5, FXTM app
Copy trading	None of its own (third-party Myfxbook AutoTrade)	No copy trading service on its site
Inactivity fee	None	$10 a month after 3 months without trading
Withdrawal fee	None from IUX	Card $3, bank wire $30; Skrill, Neteller and crypto free
Swap-free	Swap-free by default for day trading; can change for multi-day holds	Swap-free option on Rewards Plus, Rewards and Advantage
Bonus	LotBack loyalty points	Welcome bonus paid in Reward Points (up to $500) and FXTM Rewards loyalty points

Figures come from each broker’s official site, checked on 11 October 2026. Spreads move through the day, and conditions vary by country and by the company that holds your account.

Regulation and Safety

IUX Markets (MU) Ltd holds an Investment Dealer licence from the FSC in Mauritius and operates iux.com. A related Australian company holds an ASIC licence but does not serve clients through the site. IUX is a member of The Financial Commission and resets negative balances to zero.

FXTM is the trading brand of the Exinity group. International clients deal with Exinity Limited, licensed by the FSC in Mauritius (C113012295), which also holds an FSCA licence in South Africa (FSP 50320); Kenyan clients deal with Exinity Capital East Africa, licensed by Kenya’s CMA. FXTM names no UK or EU company, and says it keeps client funds in segregated accounts at top-tier banks.

Neither broker holds a top-tier licence such as the FCA’s or ASIC’s for the clients it serves internationally, and neither offers a government-backed compensation scheme. Keep deposits proportionate and check which company your client agreement names.

Trading Costs

On commission-free accounts, IUX lists: Standard from 0.2 pips; Pro from 0.1 pips. FXTM lists: Rewards from 0.9 pips; Rewards Plus from 1.5 pips; Micro from 1.7 pips. “From” figures are minimums, so expect wider live spreads, especially around news.

Both offer a raw-spread account. IUX: Raw from 0.0 pips plus $7 per lot. FXTM: Advantage from 0.0 pips plus $3.50 per side on forex. For frequent traders, a raw account usually costs less per trade than a spread-only one.

IUX lists no inactivity fee. FXTM’s inactivity fee: $10 a month after 3 months without trading. Withdrawal fees: IUX: none from IUX; FXTM: Card $3, bank wire $30; Skrill, Neteller and crypto free.

Platforms and Copy Trading

IUX offers MT5, IUX Trade App and IUX WebTerminal. FXTM offers MT4, MT5 and FXTM app.

IUX has no copy trading service of its own (none of its own (third-party Myfxbook AutoTrade)). FXTM has no copy trading service of its own (no copy trading service on its site). Copying another trader doesn’t remove risk: you can lose money as fast as trading yourself.

Leverage

IUX’s maximum leverage: 1:3000 (cut to 1:400 around high-impact news). FXTM’s: 1:5000 on Rewards and Rewards Plus; 1:3000 on Advantage; 1:1000 on Micro (Kenya up to 1:400).

A higher maximum is not an advantage in itself. Leverage multiplies losses as fast as gains, so beginners should use far less than either broker allows.

Which One Should You Choose?

Go with IUX if:

• You want a low-cost MT5 account from $30
• You want no deposit or withdrawal fees
• You live in one of the countries IUX serves

Go with FXTM if:

• You want to start small on a $30 Micro cent account
• You want a raw-spread account at $3.50 per side
• You want loyalty points on the volume you trade

Whichever you choose, test a small withdrawal early, verify your account before you need your money, and risk only what you can afford to lose.

FAQ

Which has the lower minimum deposit, IUX or FXTM? They are level: IUX: $30 (Standard); $200 (Raw and Pro); FXTM: $30 on Micro; $100 on Rewards Plus, $200 on Rewards, $500 on Advantage.

How are IUX and FXTM regulated? IUX’s international clients deal with IUX Markets (MU) Ltd, licensed by the FSC in Mauritius (GB22200605). FXTM’s deal with Exinity Limited, licensed by the FSC in Mauritius (Investment Dealer, C113012295). Group regulators: IUX: FSC Mauritius; SVG registration; FXTM: FSC Mauritius, FSCA South Africa, CMA Kenya (plus a UAE CMA licence for promotion only).

Which is cheaper to trade with? It depends on the account. Commission-free: IUX: Standard from 0.2 pips; Pro from 0.1 pips; FXTM: Rewards from 0.9 pips; Rewards Plus from 1.5 pips; Micro from 1.7 pips. Raw accounts: IUX: Raw from 0.0 pips plus $7 per lot; FXTM: Advantage from 0.0 pips plus $3.50 per side on forex.

Does either charge an inactivity fee? IUX: none. FXTM: $10 a month after 3 months without trading.

Do both offer copy trading? IUX: none of its own (third-party Myfxbook AutoTrade). FXTM: no copy trading service on its site.

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