Written by ForexBrokers.com
In this head to head comparison of Tickmill 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.
Tickmill and IUX are online brokers that provide platforms for trading a variety of financial instruments. Tickmill, established in 2014, has garnered a Trust Score of 86 from ForexBrokers.com, placing it in the trusted category. It holds two Tier-1 licenses and two Tier-2 licenses, which contribute to its credibility in the trading industry. In contrast, IUX, founded in 2016, holds one Tier-1 license and one Tier-2 license, earning a Trust Score of 78, classified as average risk by ForexBrokers.com.
Neither Tickmill nor IUX is publicly traded or operates as a bank. However, their regulatory standings differ significantly. Tickmill's multiple Tier-1 licenses mark it as a trusted choice for those looking to trade, while IUX's credentials suggest average risk. The distinction in trust scores and regulatory credentials between these two brokers can be essential for traders when considering options in a competitive market.
| Feature |
Tickmill
|
IUX
|
|---|---|---|
| Year Founded | 2014 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing the commissions and fees of Tickmill and IUX, understanding the account structures and pricing strategies offered by each broker is crucial. Tickmill shines as one of the top brokers for cost-conscious active traders. With its newly revamped Raw account, which replaced the Pro account, Tickmill offers industry-competitive features at a commission of $3 per side per standard lot, along with remarkably low average spreads. The newer, slightly increased all-in cost remains attractive for serious traders, especially when considering the typical 0.11 pip spread for EUR/USD. Its commission-free Classic account, although free of direct fees, comes with higher average spreads of 1.76 pips. Tickmill's offerings are further supported by a low entry requirement of $100. For its performance, Tickmill holds a 5-star rating and ranks 4th out of 63 brokers on ForexBrokers.com.
On the other hand, IUX presents a different array of account choices tailored to various trading styles, with a notable focus on affordability and flexibility. IUX’s Standard and Standard+ accounts both require a mere $10 minimum deposit, though the Standard+ offers bonus promotions at the cost of higher spreads. For those seeking minimally spread-thinner options, the Raw account highlights a competitive edge with its lowest spreads and a $6 commission per standard lot. IUX’s Pro account delivers lower spread-only options, with average spreads for the EUR/USD pair starting around 0.7 pips. Despite exhibiting considerable market competitiveness and providing viable low-cost alternatives, IUX holds a 4-star rating and ranks 48th out of 63 brokers in the same category on ForexBrokers.com.
Ultimately, the decision between Tickmill and IUX may hinge on a trader's specific priorities, such as their sensitivity to initial deposit requirements, spread vs. commission cost analysis, and the importance of additional promotional bonuses. Both brokers deliver robust options for traders, yet Tickmill slightly edges ahead for cost-effectiveness and industry recognition, making it a preferred choice for those prioritizing low total trading costs.
| Feature |
Tickmill
|
IUX
|
|---|---|---|
| Minimum Deposit | $100 | 10 |
| Average Spread EUR/USD - Standard | 0.51 | 0.9 |
| All-in Cost EUR/USD - Active | 0.31 | 0.6 |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
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When comparing Tickmill and IUX, both online brokers offer forex trading as CFDs or spot contracts, providing investors with similar opportunities in this domain. Tickmill stands out by offering a wider selection of tradeable symbols, boasting 725 compared to IUX's 152. This broader range also extends to forex pairs, with Tickmill providing access to 63 pairs while IUX offers 34. However, if you're looking to invest directly in international equities, IUX holds the advantage by allowing access to non-CFD stocks on international exchanges. Tickmill, on the other hand, does not offer this option, nor do they provide access to U.S. exchange-traded securities, much like IUX.
In terms of additional features, Tickmill offers copy trading, a potential draw for investors interested in mirroring the strategies of successful traders, a feature not available through IUX. Both brokers allow trading in cryptocurrency derivatives, yet neither offers the purchase of actual, delivered cryptocurrencies. Despite their differing offerings, both brokers share a similar rating for their range of investments, scoring 3.5 stars each. However, Tickmill ranks higher in the industry, holding the 42nd spot compared to IUX's ranking of 60 out of 63 brokers, according to ForexBrokers.com. Both platforms cater to varying investor needs, providing a range of features and instruments suited to different trading strategies.
| Feature |
Tickmill
|
IUX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 725 | 152 |
| Forex Pairs (Total) | 63 | 34 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | Yes | No |
| 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 evaluating online brokers Tickmill and IUX for their trading platforms and tools, both offer simulated trading with free virtual demo accounts, essential for new traders to practice without financial risk. Tickmill does not have a proprietary platform and relies on popular third-party platforms like MetaTrader 4 and 5, while IUX stands out with its proprietary trading platform. Both brokers provide Windows-based desktop and web-based trading platforms, supporting versatility in how traders choose to engage. Tickmill also distinguishes itself by offering copy trading and a slight advantage in its ForexBrokers.com ranking for trading platforms and tools, placed at #32 compared to IUX's #59.
For charting enthusiasts, IUX offers a significant edge with 89 drawing tools compared to Tickmill's 15. However, both brokers facilitate trading directly from stock charts, ensuring seamless operation for active traders. When it comes to managing watch lists, IUX provides significantly more customization with 46 columns compared to Tickmill's seven. In overall ratings, Tickmill edges ahead with four stars, slightly outperforming IUX, which is rated at 3.5 stars for their trading platforms and tools. This suggests that while IUX offers more technical customization options, Tickmill benefits from higher overall user satisfaction in this category.
| Feature |
Tickmill
|
IUX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 106 |
| Charting - Drawing Tools (Total) | 15 | 89 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 46 |
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Tickmill and IUX both offer mobile apps for iPhone and Android, making trading accessible on the go. Tickmill excels in offering stock and forex price alerts, a feature that IUX does not provide. Both platforms allow for the creation of watchlists with real-time quotes, but neither supports watchlist symbol syncing between the mobile app and online account. When it comes to technical studies, IUX leads with 106 options compared to Tickmill's 30. However, Tickmill allows users to draw trendlines on charts, a function not available with IUX.
Both apps support multiple timeframes and auto-save chart drawings, catering to traders who require detailed analysis. Tickmill continues to stand out with a higher mobile app rating of 4 stars, compared to IUX's 3.5 stars. This is reflected in their rankings by ForexBrokers.com, where Tickmill is placed at #32, significantly higher than IUX's position at #60. Both apps offer a solid suite of features, but Tickmill might appeal more to those who prioritize alerts and chart drawing capabilities.
| Feature |
Tickmill
|
IUX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 106 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When considering Tickmill and IUX for market research, Tickmill clearly stands out with its range of features. Tickmill offers daily market commentary and forex news from well-known sources like Bloomberg and Reuters, ensuring traders stay well-informed. In contrast, IUX does not provide these features. Tickmill also gives traders access to a sentiment-based trading tool that displays the ratio of long or short positions across currency pairs, which is absent in IUX’s offerings. Both brokers do not offer tools from Autochartist or Trading Central, and neither provides market research from TipRanks. However, Tickmill does offer research tools from Acuity Trading, such as Signal Centre, adding another layer to its comprehensive research suite.
Both brokers provide an economic calendar for tracking global news events, yet Tickmill enjoys a higher rating for research at four stars compared to IUX's three stars. This superior offering is reflected in Tickmill's higher placement at #22 in the ForexBrokers.com ranking, while IUX lands at #59 out of 63 brokers. For traders prioritizing market research and analysis, Tickmill emerges as the more resourceful choice, offering a wider array of tools to keep its users ahead in the trading game.
| Feature |
Tickmill
|
IUX
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, Tickmill pulls ahead of IUX with its comprehensive offerings. Tickmill provides a rich selection of over 10 articles, videos, and webinars focusing on forex and CFDs. This ensures newcomers have plenty of learning materials at their disposal. In addition to these resources, Tickmill hosts monthly online webinars and maintains a searchable archive of past sessions, making it easy for users to revisit material anytime. An impressive range of beginner-focused videos also enhances Tickmill’s appeal. What truly sets them apart is their provision of advanced trading videos for more experienced traders and a thorough investor dictionary with over 50 terms, contributing to their 4-star education rating.
In contrast, IUX does not match Tickmill's variety in educational content. While IUX offers beginner educational videos, the lack of a wide array of educational pieces, regular webinars, and an archive for learning on demand limits their offering. IUX does not provide educational content specifically tailored for advanced traders nor do they have an extensive investor dictionary. As a result, IUX holds a 3-star rating for education and ranks much lower in the education category compared to Tickmill. For those embarking on their trading journey, Tickmill offers a more immersive educational experience overall.
| Feature |
Tickmill
|
IUX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Tickmill is better than IUX. Tickmill finished with an overall rank of #22, while IUX finished with an overall rank of #55.
Tickmill is a run-of-the-mill MetaTrader broker that offers a limited selection of tradeable securities. The broker does offer very competitive commission-based pricing for professionals through its VIP and Pro accounts.
| Feature |
Tickmill
|
IUX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 86 | 78 |
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Both Tickmill and IUX allow the purchase of cryptocurrency derivatives, but neither provides the option to buy actual delivered cryptocurrency.
When comparing online brokers Tickmill and IUX, both lack ACH or SEPA transfer options, while Tickmill provides more flexibility with PayPal alongside shared options like Skrill, Visa or Mastercard, and bank wires, whereas IUX does not support PayPal.
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 | Tickmill | IUX | |
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| Trust Score | 86 | 78 | |
| Winner | check_circle | ||
| Review | Tickmill Review |
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| Regulation | Tickmill | IUX | |
|---|---|---|---|
| Trust Score | 86 | 78 | |
| Year Founded | 2014 | 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 | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Tickmill | IUX | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| 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) | Yes | 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) | Tickmill | IUX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Tickmill | IUX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 725 | 152 | |
| Forex Pairs (Total) | 63 | 34 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| 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 | Tickmill | IUX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.51 | 0.9 | |
| All-in Cost EUR/USD - Active | 0.31 | 0.6 | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Tickmill | IUX | |
|---|---|---|---|
| Minimum Deposit | $100 | 10 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Tickmill | IUX | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Tickmill | IUX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 46 | |
| Charting - Indicators / Studies (Total) | 30 | 106 | |
| Charting - Drawing Tools (Total) | 15 | 89 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | Tickmill | IUX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 106 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | No |
| Research | Tickmill | IUX | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Tickmill | IUX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Tickmill | IUX | |
|---|---|---|---|
| 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 | |
| Review | Tickmill Review |
| Overall | Tickmill | IUX | |
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| Trust Score | 86 | 78 | |
| Winner | check_circle | ||
| Review | Tickmill Review |
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