Written by ForexBrokers.com
In this head to head comparison of IUX vs Libertex (Forex Club), we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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When comparing online brokers IUX and Libertex (Forex Club), there's notable information regarding their establishment and trust levels. IUX, founded in 2016, and Libertex, founded in 1997, both operate as non-publicly traded, non-bank entities. In terms of regulatory credentials, each holds one Tier-1 license, which is considered highly trusted by ForexBrokers.com. Moreover, IUX has an additional Tier-2 license, categorized as trusted, whereas Libertex does not hold any Tier-2 licenses.
Regarding their Trust Score ratings on ForexBrokers.com, IUX scores a 78, indicating an average risk profile, while Libertex scores a 73, also categorized as average risk. Both brokers have certain areas of regulatory similarity, but IUX’s additional Tier-2 license may offer slightly more confidence for some users. This diverse regulatory landscape assists traders in weighing their options between these two established financial service providers.
| Feature |
IUX
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2016 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When it comes to comparing online brokers IUX and Libertex (Forex Club), there are notable differences in their commission structures and fees. IUX provides a variety of account types, making it adaptable for traders with different needs. For standard accounts, IUX requires just a $10 minimum deposit, and traders can choose between the Standard account with lower spreads or the Standard+ that offers promotional deposit bonuses. For active traders aiming for lower transaction costs, IUX presents the Raw and Pro accounts with a $500 minimum deposit. The Raw account provides the lowest spreads but charges a commission of $6 per standard lot, while the Pro account is spread-only with competitive rates. Users of IUX report average spreads of approximately 0.7 pips in the Pro account and 0.9 pips in the Standard account for EUR/USD trades, with the Raw account offering a commendable 0.6 pips when considering its commission. With this pricing model, IUX earns a solid rating of 4 out of 5 stars, although it ranks 48th out of 63 brokers for commissions and fees.
On the other hand, Libertex (Forex Club) has more limited information available regarding its average spreads, which makes it more challenging to comprehensively assess its cost efficiency. Despite this, Libertex receives a lower rating of 3 out of 5 stars for its commissions and fees. This could be attributed to the lack of precision regarding spread data or perhaps higher costs compared to its competitors. In terms of rankings, Libertex finds itself further behind at 62nd out of 63 brokers in the category of commissions and fees.
In summary, while both IUX and Libertex cater to different types of traders, IUX offers a more detailed and varied account structure that potentially provides more opportunities for cost savings, especially for those requiring lower spreads. Trade-offs need to be considered, such as the balance between spreads, commissions, and deposit requirements. For those seeking a broker with a customizable and transparent fee structure, IUX presents a more advantageous option supported by its higher star rating, whereas Libertex might appeal to traders with different priorities, albeit with less competitive cost metrics.
| Feature |
IUX
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | 10 | $10 |
| Average Spread EUR/USD - Standard | 0.9 | N/A |
| All-in Cost EUR/USD - Active | 0.6 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
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When comparing the range of investments offered by IUX and Libertex (Forex Club), both platforms facilitate forex trading through CFDs or spot contracts. However, Libertex stands out with a broader range of 300 tradeable symbols compared to IUX’s 152. In terms of forex pairs, Libertex again offers more options, with 51 pairs available versus IUX’s 34. Those seeking to invest in exchange-traded securities on U.S. exchanges will find neither platform supporting this, yet IUX provides access to international exchange-traded securities, allowing clients to invest in companies like Vodafone, a feature not available on Libertex.
Both IUX and Libertex provide cryptocurrency derivatives rather than actual cryptocurrencies, aligning them similarly in this segment. Those interested in copy trading will find this feature available with Libertex, but not with IUX. Despite these differences, both brokers receive a similar rating of 3.5 stars for their range of investments. Still, Libertex somewhat edges out IUX in the rankings provided by ForexBrokers.com, coming in at #53 out of 63 brokers, while IUX is placed at #60, highlighting a slight advantage in its offerings.
| Feature |
IUX
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 152 | 300 |
| Forex Pairs (Total) | 34 | 51 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | Yes |
| 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 of IUX and Libertex (Forex Club), both brokers offer users a range of features including free virtual demo accounts and proprietary platforms, which they developed in-house. They each provide a Windows-based desktop platform and a convenient web-based trading platform. While IUX allows trading using MetaTrader 5, users of Libertex (Forex Club) benefit from MetaTrader 4 and also have access to copy trading functionalities, which IUX does not offer. Neither broker provides DupliTrade or ZuluTrade options for its users.
In terms of charting tools, IUX stands out with 89 drawing tools compared to Libertex's 30, while both platforms allow users to trade directly from stock charts. When organizing watch lists, IUX offers more customization with 46 columns compared to Libertex's 7. Despite these features, Libertex edges ahead in user ratings and rankings with a four-star rating for trading platforms and tools, landing it at the 50th spot of 63 brokers according to ForexBrokers.com. IUX, on the other hand, receives a 3.5-star rating and is ranked 59th.
| Feature |
IUX
|
Libertex (Forex Club)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 106 | 15 |
| Charting - Drawing Tools (Total) | 89 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 46 | 7 |
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When it comes to mobile trading apps, both IUX and Libertex (Forex Club) offer apps for iPhone and Android. Libertex stands out with features such as stock and forex price alerts, and the ability to sync watchlist symbols between mobile and online accounts. In contrast, IUX does not provide these options, which might influence users who prioritise seamless integration across platforms. Additionally, while IUX offers 106 technical studies for charting, Libertex provides only 30, though Libertex allows users to draw trendlines on charts, a feature IUX lacks. Both platforms support viewing multiple time frames and creating watchlists with real-time quotes, but only IUX auto-saves chart drawings.
In reviews, IUX has a rating of 3.5 stars, while Libertex is slightly higher at 4 stars for their mobile trading apps. In a ranking of 63 brokers by ForexBrokers.com, IUX is positioned at #60, whereas Libertex holds the #49 spot. These ratings and rankings may reflect user satisfaction and the overall effectiveness of each app, providing a helpful guide for traders deciding between these two options.
| Feature |
IUX
|
Libertex (Forex Club)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | No | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 106 | 30 |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
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When comparing the market research offerings of IUX and Libertex (Forex Club), both brokers present a mixed bag of features. Neither provides daily market commentary, offering limited direct insights into day-to-day market movements. However, Libertex distinguishes itself by supplying forex news from reputable sources like Bloomberg and Reuters, a service not available with IUX. In terms of analytical tools, both brokers lack resources from Autochartist or Trading Central and do not provide sentiment-based trading tools. Moreover, neither offers research from TipRanks or Acuity Trading. Nevertheless, both IUX and Libertex do offer an economic calendar, allowing traders to keep track of upcoming global events.
Despite these similarities and differences, both brokers receive a modest three-star rating for their research offerings. Ranking-wise, ForexBrokers.com places IUX at #59 out of 63 brokers, slightly ahead of Libertex at #61. This suggests that while Libertex has a slight edge with its news coverage, IUX performs better in overall research provision according to this ranking. Traders prioritizing access to forex news may find Libertex appealing, while those who can benefit from other research strengths might gravitate towards IUX.
| Feature |
IUX
|
Libertex (Forex Club)
|
|---|---|---|
| Daily Market Commentary | No | No |
| Forex News (Top-Tier Sources) | No | Yes |
| 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 comparing the educational resources for beginners provided by IUX and Libertex (Forex Club), both platforms have unique offerings that cater to different aspects of learning. IUX shines in providing a collection of beginner-focused educational videos, making it a solid choice for newcomers seeking visual learning content in trading. However, IUX does not supply content specifically focused on forex or CFDs education and lacks advanced-level instructional videos, an investor dictionary, or regular webinars. This focused yet narrower approach earns IUX an Education rating of 3 stars and places it at 59th in education rankings by ForexBrokers.com.
On the other hand, Libertex offers a suite of more than ten educational pieces, including articles and videos, primarily centered around forex or CFDs, catering to those looking for a more comprehensive understanding of these subjects. While it lacks beginner-specific video content and an investor dictionary, Libertex compensates with advanced educational videos aimed at seasoned traders. Also rated 3 stars for Education, Libertex holds a slightly higher rank of 57th in the ForexBrokers.com education category, making it a suitable option for those interested in deepening their knowledge of forex and CFDs.
| Feature |
IUX
|
Libertex (Forex Club)
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | Yes |
| Investor Dictionary (Glossary) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that IUX is better than Libertex (Forex Club). IUX finished with an overall rank of #55, while Libertex (Forex Club) finished with an overall rank of #61.
IUX offers a basic trading experience built around MT5 and a proprietary mobile app, featuring low minimum deposits, multiple account types, and a modest range of tradeable markets.
| Feature |
IUX
|
Libertex (Forex Club)
|
|---|---|---|
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| Trust Score | 78 | 73 |
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Both IUX and Libertex (Forex Club) do not offer the ability to buy actual (delivered) cryptocurrencies, but they do provide options to trade cryptocurrency derivatives, allowing investors to potentially profit from price movements without owning the underlying asset.
When comparing the fund transfer options for online broker IUX and Libertex (Forex Club), IUX supports Skrill, Visa or Mastercard, and bank wires, but lacks ACH, SEPA, and PayPal, whereas Libertex offers ACH, SEPA, PayPal, Skrill, and bank wires, but does not support Visa or Mastercard.
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 | IUX | Libertex (Forex Club) | |
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| Trust Score | 78 | 73 | |
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| Broker Screenshots | IUX | Libertex (Forex Club) | |
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| Regulation | IUX | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 78 | 73 | |
| Year Founded | 2016 | 1997 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | IUX | Libertex (Forex Club) | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | 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). | No | Yes |
| Tier-2 Licenses (Trusted) | IUX | Libertex (Forex Club) | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | IUX | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 152 | 300 | |
| Forex Pairs (Total) | 34 | 51 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | Yes | |
| 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 | IUX | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.9 | N/A | |
| All-in Cost EUR/USD - Active | 0.6 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | IUX | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | 10 | $10 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | IUX | Libertex (Forex Club) | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | IUX | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 46 | 7 | |
| Charting - Indicators / Studies (Total) | 106 | 15 | |
| Charting - Drawing Tools (Total) | 89 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | No | Yes |
| Mobile Trading | IUX | Libertex (Forex Club) | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | No | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 106 | 30 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | No | Yes |
| Research | IUX | Libertex (Forex Club) | |
|---|---|---|---|
| Daily Market Commentary | No | No | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | IUX | Libertex (Forex Club) | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | IUX | Libertex (Forex Club) | |
|---|---|---|---|
| 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 | |
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| Overall | IUX | Libertex (Forex Club) | |
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| Trust Score | 78 | 73 | |
| Winner | check_circle | ||
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