Compare XM vs IUX 2026: Which Broker is Better? Spread, Fees, Promotions, and Reliability

XM vs IUX: Popular Forex Brokers – Which One Should You Choose?

In 2026, Forex trading continues to gain popularity in Thailand, especially among retail investors looking for Forex brokers that offer low costs, security, and reliable withdrawals. The names XM and IUX are frequently compared.

This article will provide a detailed comparison of XM vs IUX, covering trustworthiness, licenses, account types, trading costs, promotions, and platforms, to help you decide which broker is best suited for you.

Trustworthiness and Licenses (XM vs IUX)

XM Trustworthiness Review

• Regulated by ASIC, CySEC, DFSA, and FSC
• Established in 2009
• Has a global client base and is a long-standing, well-known broker among Thai traders.

IUX Trustworthiness Review

• Regulated by ASIC, FSCA, and FSC
• Established in 2016
• Quickly gained popularity in Thailand, especially among low-cost traders.

Summary:
Both XM and IUX are Forex brokers with proper licenses and are regulated by reputable authorities. The main difference lies in "market experience," where XM has an advantage due to its longer presence.

 

Frequently Asked Question: Is IUX a scam?
Based on its current licensing information and services, there is no clear evidence that IUX is a scam broker, and it is considered to be among brokers regulated to standard.

Trading Costs: Spreads, Commissions, and Swaps

XM Fees and Spreads

• Standard Account: Spreads start from ~1.6 pips
• Ultra Low Account: Spreads start from ~0.8 pips
• No commissions
• Some accounts have Swap fees (except Ultra Low and Shares)

 

🔍 Is XM Ultra Low good?
Suitable for traders who want lower spreads than Standard and do not want to pay commissions.

IUX Fees and Spreads

• Standard: Spreads start from ~0.2 pips
• Pro: Spreads start from ~0.1 pips
• Raw: 0.0 pips spreads + $7/lot commission
• All accounts are Swap Free

Cost Summary:
IUX clearly has an advantage in terms of costs, especially for Scalping and Day Trading. XM has slightly higher costs but is suitable for beginners.

XM and IUX Account Types (Latest Update)

XM Account Types

• Standard
• Ultra Low
• Shares Account (for real stocks)

IUX Account Types

• Standard
• Pro
• Raw

 

Both brokers support high leverage, but IUX offers maximum leverage of up to 1:3000.

XM vs IUX Promotions (2026 Update)

XM Promotions

• No Deposit Bonus $30
• Deposit Bonus up to 100%
• Cashback / Loyalty Rebates program
• Deposits and withdrawals via Thai banks with no fees

IUX Promotions

• ❌ No longer offers deposit bonuses or No Deposit Bonuses
• ✅ Only the Lot Back Program remains
• Seasonal campaigns available
• Instant deposits, fast withdrawals (approximately 5–10 minutes)

Promotions Summary:
XM still excels in bonuses, while IUX focuses more on a profit-sharing system from actual trading.

Trading Platforms and Tools

XM

• MT4 and MT5
• XM WebTV market analysis
• Numerous articles and educational resources

IUX

• MT5 and WebTrader
• TradingView data integration
• Includes Heat Map and Market Research

XM vs IUX Comparison Table

Conclusion: XM or IUX – Which Forex Broker is Better?

• XM is suitable for:
  • Beginners
  • Those who want bonuses
  • Traders who prefer MT4 and training
• IUX is suitable for:
  • Low-cost traders
  • Scalping / Day Trading
  • Those who want Swap Free on all accounts

Ultimately, there's no definitive answer to which is better between XM vs IUX; it depends on each individual's trading style and needs.

👉 We recommend using TrustFinance's broker comparison feature to check trustworthiness scores, real user reviews, and license information before making a decision.