The INKEY List Tranexamic Acid Night Treatment Versus Peter Thomas Roth PRO Strength Niacinamide Discoloration Treatment
This brightening serum is formulated around Ascorbyl Glucoside and Tranexamic Acid to fade the look of dark spots and brighten dull-looking skin.
This brightening treatment is formulated around Niacinamide and Tranexamic Acid to fade the look of dark spots and brighten dull-looking skin.
What's inside
What's inside
Key Ingredients
Benefits
Concerns
Ingredients Side-by-side
Water
Skin ConditioningButylene Glycol
HumectantGlycerin
HumectantAscorbyl Glucoside
AntioxidantTranexamic Acid
AstringentEuterpe Oleracea Fruit Extract
1-Methylhydantoin-2-Imide
Skin ConditioningSodium Acrylates Copolymer
Phenoxyethanol
PreservativeCarbomer
Emulsion StabilisingSodium Hydroxide
BufferingCetearyl Olivate
Benzyl Alcohol
PerfumingSorbitan Olivate
EmulsifyingHydroxyethyl Acrylate/Sodium Acryloyldimethyl Taurate Copolymer
Emulsion StabilisingLecithin
EmollientSqualane
EmollientEthylhexylglycerin
Skin ConditioningSodium Gluconate
ChelatingPolysorbate 60
EmulsifyingDehydroacetic Acid
PreservativeLactobacillus Ferment
Skin ConditioningSorbitan Isostearate
EmulsifyingWater, Butylene Glycol, Glycerin, Ascorbyl Glucoside, Tranexamic Acid, Euterpe Oleracea Fruit Extract, 1-Methylhydantoin-2-Imide, Sodium Acrylates Copolymer, Phenoxyethanol, Carbomer, Sodium Hydroxide, Cetearyl Olivate, Benzyl Alcohol, Sorbitan Olivate, Hydroxyethyl Acrylate/Sodium Acryloyldimethyl Taurate Copolymer, Lecithin, Squalane, Ethylhexylglycerin, Sodium Gluconate, Polysorbate 60, Dehydroacetic Acid, Lactobacillus Ferment, Sorbitan Isostearate
Water
Skin ConditioningNiacinamide
SmoothingIsononyl Isononanoate
EmollientDimethyl Isosorbide
SolventTranexamic Acid
AstringentDimethicone
EmollientPropanediol
SolventPentylene Glycol
Skin ConditioningCaprylic/Capric Triglyceride
MaskingAlpha-Arbutin
AntioxidantGlyceryl Stearate
EmollientC9-12 Alkane
SolventCetyl Alcohol
EmollientButyrospermum Parkii Butter
Skin ConditioningCitric Acid
BufferingKojic Acid
AntioxidantMorus Alba Root Extract
BleachingResveratrol
AntioxidantScutellaria Lateriflora Extract
Skin ConditioningHydrangea Arborescens Root Extract
Skin ConditioningSqualane
EmollientHydrolyzed Vegetable Protein
Skin ConditioningPhenoxyethanol
PreservativePEG-100 Stearate
SurfactantTocopheryl Acetate
AntioxidantPolyacrylate Crosspolymer-6
Emulsion StabilisingPEG-75 Stearate
SurfactantCeteareth-20
CleansingSteareth-20
CleansingSilica
AbrasiveAmmonium Acryloyldimethyltaurate/Beheneth-25 Methacrylate Crosspolymer
Emulsion StabilisingDimethiconol
EmollientCoco-Caprylate/Caprate
EmollientHydroxyethyl Acrylate/Sodium Acryloyldimethyl Taurate Copolymer
Emulsion StabilisingTitanium Dioxide
Cosmetic ColorantSodium Phytate
ChelatingDiethylhexyl Syringylidenemalonate
Skin ProtectingPotassium Sorbate
PreservativeSodium Benzoate
MaskingPolysorbate 60
EmulsifyingPolysorbate 20
EmulsifyingT-Butyl Alcohol
PerfumingCaprylyl Glycol
EmollientHexylene Glycol
EmulsifyingSorbitan Isostearate
EmulsifyingWater, Niacinamide, Isononyl Isononanoate, Dimethyl Isosorbide, Tranexamic Acid, Dimethicone, Propanediol, Pentylene Glycol, Caprylic/Capric Triglyceride, Alpha-Arbutin, Glyceryl Stearate, C9-12 Alkane, Cetyl Alcohol, Butyrospermum Parkii Butter, Citric Acid, Kojic Acid, Morus Alba Root Extract, Resveratrol, Scutellaria Lateriflora Extract, Hydrangea Arborescens Root Extract, Squalane, Hydrolyzed Vegetable Protein, Phenoxyethanol, PEG-100 Stearate, Tocopheryl Acetate, Polyacrylate Crosspolymer-6, PEG-75 Stearate, Ceteareth-20, Steareth-20, Silica, Ammonium Acryloyldimethyltaurate/Beheneth-25 Methacrylate Crosspolymer, Dimethiconol, Coco-Caprylate/Caprate, Hydroxyethyl Acrylate/Sodium Acryloyldimethyl Taurate Copolymer, Titanium Dioxide, Sodium Phytate, Diethylhexyl Syringylidenemalonate, Potassium Sorbate, Sodium Benzoate, Polysorbate 60, Polysorbate 20, T-Butyl Alcohol, Caprylyl Glycol, Hexylene Glycol, Sorbitan Isostearate
Reviews
Ingredients Explained
These ingredients are found in both products.
Ingredients higher up in an ingredient list are typically present in a larger amount.
This is a synthetic polymer. It helps improve the texture of products by adding thickness and gel-like feel.
It is also an emulsifer, meaning it prevents ingredients such as oil and water from separating. It also helps evenly disperse other ingredients.
Phenoxyethanol is one of the most widely used preservatives in skincare (and for good reason!).
It has a large spectrum of antimicrobial activity and especially effective bacteria, yeast, and mold while only having a weak effect on your skin's natural microbiome.
On a cellular level, it disrupts the cell membranes of microbes by poking holes that make the cell leak. This shuts down the chemical reactions the microbe needs to make energy so it can no longer survive.
Another perk of this ingredient is that it stays functional across a wide pH range (3-10).
You'll often see it paired with boosters like Ethylhexylglycerin; one study showed that a 1:9 ratio of Ethylhexylglycerin to Phenoxyethanol damages bacterial membranes as effectively as doubling the Phenoxyethanol concentration on its own.
Typical use concentrations range from 0.3-1% depending on the formula, and this ingredient is capped at 1% int the EU.
Safety-wise, the fear mongering does not hold up to the evidence. The EU's Scientific Committee on Consumer Safety and FDA consider it safe as a preservative at up to 1%, including for children of all ages.
Adverse systemic effects only showed up in animal studies at exposures roughly 200x higher than what people get from cosmetics. And despite its very widespread use, this ingredient is a rare sensitizer and allergic reactions are uncommon.
Learn more about PhenoxyethanolPolysorbate 60 is used to help stabilize products. It is a surfactant and emulsifier. These properties help keep ingredients together in a product. Surfactants help reduce surface tension between ingredients with different states, such as liquids and solids. Emulsifiers help prevent oils and waters from separating.
Polysorbate 60 is sorbitol-based and created from the ethoxylation of sorbitan. Ethoxylation is a chemical reaction used to add ethylene oxide. Sorbitan is a the dehydrated version of sorbitol, a sugar found in fruits.
In this case, the 60 comes from reacting 60 units of ethylene oxide with sorbitan.
Polysorbates are commonly used in medicine and foods.
Learn more about Polysorbate 60Sorbitan Isostearate is an emulsifer. It is created from isostearic acid and sorbitol.
As an emulsifier, it keeps the water and oil ingredients from separating. This keeps formulas stable and smooth.
In a 24 hour occlusive patch test on 56 subjects, 10% sorbitan isostearate was completely non-irritating. Most formulas use less than 10%.
Because it's a fatty acid ester, it may not be fungal acne safe since the Malassezia yeast can utilize it as a nutrient source.
Learn more about Sorbitan IsostearateSqualane is the hydrogenated and shelf-stable form of squalene (a lipid that naturally occurs in human sebum).
It is an emollient and skin conditioning agent that is able to integrate seamlessly into the skin's lipid barrier without clogging pores.
This is due to how structurally similar it is to what your skin already produces.
Though it is mostly an emollient that helps soften and hydrate skin, it also has some humectant and occlusive action. Humectants help the skin retain moisture while occlusives seal it in, making squalane a triple-threat moisturizer.
Research shows it has antioxidant capabilities that help protect against stressors like UV exposure, specifically UVA induced oxidative stress. This study also found that it supports collagen biosynthesis in human dermal fibroblasts.
No clinical study has reported significant adverse effects and irritation reactions are very rare from this ingredient (even at 100% concentration).
Overall, it's a fantastic ingredient for hydration and is suitable for all skin types.
This depends on the source. Squalane can be derived from both plants and animals. Most squalane used in skincare comes from plants.
Please note: the source of squalane is only known if disclosed by the brand. We recommend reaching out to the brand if you have any questions about their squalane.
Read more about squalene with an "e".
Though squalane is often called an oil, it’s technically not one. It is a hydrocarbon, meaning it is only made of carbon and hydrogen. True oils are triglycerides and made of fatty acids and glycerol.
The term “oil-free” isn’t regulated so companies can define it however they want. Some exclude all oils, while others just avoid mineral oil or comedogenic oils.
Squalane has a comedogenic rating of 1 from the original 1972 study that tested raw ingredients under occlusion on rabbit ears. This system is not standardized or peer-reviewed, and using the raw ingredients is very different from how diluted cosmetic formulations are used on human skin.
A comedogenic rating of 1 means it is "unlikely to clog pores" according to the original rating system.
The overall formula of a product matters more than the individual ingredients on whether or not it will cause clogged pores.
Learn more about SqualaneTranexamic Acid (TXA) is a synthetic lysine derivative that is becoming one of the most exciting brightening ingredients in skincare.
Originally used in medicine as an anti-hemorrhagic agent, its skin brightening potential was discovered by accident; patients taking it orally started noticing their melasma was fading.
Unlike most brighteners that target tyrosinase (the enzyme that synthesizes melanin), TXA works further upstream. It basically blocks your cells from receiving the signal to produce pigment.
This makes it one of the rare actives that works on three pathways at once:
This makes it effective for treating melasma, post-inflammatory hyperpigmentation (PIH), and sun-induced dark spots.
The most effective cosmetic concentration sits between 2-5% and going higher doesn't boost results.
Side effects are generally mild; occasional irritation, flaking, or dryness have been reported at the start of use. Overall, this ingredient is pretty well tolerated, even by sensitive skin types.
Another perk of this ingredient is that it does not cause photosensitivity, so it's safe to use in the AM and PM.
"Does it actually penetrate?" is the part that gets argued about online and the honest answer from research + clinical trials at this time is "yes, but not easily."
TXA is a small molecule that loves water and carries both a positive and negative charge at the same time. Skin's outer layer is oily so a water-loving molecule like this has a hard time getting through it. Liu et al. 2021 showed that it doesn't really stick around well in the deeper layer where pigment-making cells actually live.
A 2025 paper puts it simply: penetration is poor and it depends heavily on how the product is formulated (Winn et al., J Cosmet Dermatol).
But "poor" isn't "none" and the research is fairly clear that topical TXA does something. A 2026 review that pooled results from multiple studies found it helped with moderate melasma but it didn't outperform hydroquinone. Some individual studies at 3% and 5% went head to head with hydroquinone and help up well.
So the fair takeaway is that it works, it's just slower and fussier about formulation than other actives (how the serum is built matters a lot).
There's real evidence here and it's not just clinic marketing. Reviews of microneedling plus TXA report less pigmentation, less melanin, and less redness (Zhang et al., Chinese Journal of Plastic and Reconstructive Surgery, 2024).
The most useful study compared 42 patients getting microneedling plus TXA against microneedling on its own; the group that got the acid saw much bigger improvement. This suggests the acid is pulling its weight and the needling isn't doing all the work.
Just two things worth flagging here:
Oral TXA also works well for melasma and gets used in clinics. However, it is a systemic drug with clotting-related risks and needs a prescription. Injections into the skin have also been studied with good results.
Neither is something a cosmetic product can do, but they help explain why so much attention goes into getting the topical version right.
Learn more about Tranexamic AcidWater. It's the most common cosmetic ingredient of all. You'll usually see it at the top of ingredient lists, meaning that it makes up the largest part of the product.
So why is it so popular? Water most often acts as a solvent - this means that it helps dissolve other ingredients into the formulation.
You'll also recognize water as that liquid we all need to stay alive. If you see this, drink a glass of water. Remember to stay hydrated!
Learn more about Water