This comparison overview aids customers who struggle to select in between eToro and Libertex to discover the best online broker for their trading and financial investment needs. It assesses the highlights of both brokers alongside to aid individuals contrast their service and make an educated choice.
To help customers select the appropriate broker between eToro and Libertex to discover the best-suited system, below is a checklist of broker’s advantages and disadvantages, adhered to by a comparison of their main trading features, consisting of trading systems & devices, costs, mobile trading, down payment & withdrawal, properties, guideline, and client support.
eToro vs. Libertex: Summary
eToro is a multi-asset brokerage company with the world’s biggest social trading community (over 30 million users). Their platform and mobile app features are easy to use for beginners and include an intuitive copy trading tool, simple buy & sell orders and free demo account. Users can trade with CFDs on major stocks, ETFs, forex, and cryptocurrencies.
eToro charges 0% commission on stocks, and ETFs. They charge an average spread of 0.9 pips on most forex pairs. eToro’s non trading fees are above average and include overnight, inactivity ($10/month) and currency conversion fees ($5/conversion).
Their customer support is available through email and live chat in Arabic and English.
Libertex is a CySEC-regulated forex and CFD broker founded in 1997. Users can trade on various assets, including stocks, cryptocurrencies, forex, metals, indices, agricultural products, oil, gas, ETFs, and options. Additionally, Libertex offers several long-term investing options, such as ‘real dividend-paying stocks’. Trading platforms include a proprietary platform and the full MetaTrader suite.
Libertex trading fees are average compared to other forex and CFD brokers. They charge 0% commission on CFD and stock trading and forex spreads from 0.2 pips (EUR/USD). The broker additionally charges withdrawal fees on selected payment methods but doesn’t charge inactivity fees.
Libertex customer support is available through email (info@libertex.com), phone (+357 22 025 100), and live chat in English.
Pros
- Low minimum deposit ($50)
- 0% commission stocks and ETF trading
- Easy to use mobile trading app and platforms
- Industry leading social/copy trading app
- Responsive customer support
Cons
- Algorithmic trading not available
- Forex and CFD fees above industry average
- Education and research tools missing
Pros
- Low minimum deposit ($100)
- Low spreads from 0,2 pips (EUR/USD)
- MetaTrader 4 and 5 supported
- Algorithmic trading and Expert Advisors allowed
- No hidden fees or commissions
Cons
- cTrader not supported
- Limited selection of assets
- Lacks in-depth education and research material
Key features
- Average trading fees
- Industry leading social/copy trading tool
- Easy buy/sell order types
- Crypto exchange & brokerage services
- Fast registration and KYC on-boarding process
- Multiple payment options
Key features
- Access to over 300 financial instruments
- Commission-free stock and CFD trading
- Low minimum deposit $100 (400 AED)
- Full MetaTrader suite (MT4 and MT5)
- Fast payouts for verified users
- Award-winning trading platform
eToro vs. Libertex Comparison
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eToro
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Libertex Review March 2024
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:30 | 1:30 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | Mql5.com | |
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | $5 | Depends on method |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | $10 a month after one year | $10 USD after 180 days of inactivity |
| Cost Per Trade | N/A | 0 |
| Cost Per Month | N/A | 0 |
| Forex (EUR/USD) | 1.1 pip | 0.1 |
| Stocks & ETF | 0 | 0 |
| CFD (Gold) | 5 pip | 2 |
| Crypto | 0 | 0 |
| Options | 0 | 0 |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $100 | 100 USD |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 2.800 | 116 |
| ETF & Funds | 0 | 0 |
| Crypto | 30 | 0 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 0 | 0 |
| Futures | 0 | 0 |
| Bonds | 0 | 0 |
| Forex Instruments | 49 | 53 |
| CFD Indices & Funds | 250 | 40 |
| CFD Stocks | 2800 | 116 |
| CFD Commodities | 54 | 16 |
| CFD Crypto | 32 | 73 |
| CFD Bonds | 0 | 3 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
eToro vs. Libertex Comparison Conclusion
The results of our comparison of eToro vs. Libertex are involved the table listed below.
| Broker: | Best For: |
| eToro | Stocks and ETFs & Social Copy Trading |
| Libertex | Stock and Crypto CFD trading |
Choosing the ideal selection between eToro and Libertex can be hard. Both on-line brokers have resemblances yet vary regarding trading instruments, platforms & apps, law, deposit & withdrawals, and research and education and learning. Choosing the best broker depends upon customers’ trading & investment objectives, specific choices, and experience level.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.