This comparison overview assists users who battle to choose in between Finq.com and Libertex to locate the very best online broker for their trading and financial investment demands. It evaluates the main features of the two brokers side by side to help individuals contrast their service and make an educated decision.
To assist customers select the appropriate broker in between Finq.com and Libertex to discover the best-suited system, below is a checklist of broker’s pros and cons, followed by a contrast of their major trading attributes, consisting of trading platforms & tools, charges, mobile trading, deposit & withdrawal, properties, regulation, and consumer support.
Finq.com vs. Libertex: Summary
Finq.com is a CFD broker based in Israel. Although the broker is regulated by the FSA, it is not considered safe. Users can access 2,100 financial instruments, including CFDs on stocks, commodities, forex, ETFs, indices, cryptocurrencies, and bonds. Trading platforms are available as a web version and MT4 integration.
Finq.com trading fees are average compared to similar CFD brokers from the industry. They charge an average floating spread of 0,14 pips on EUR/USD and no commission on CFD trades. There are no additional trading or non-trading fees, such as inactivity, currency conversion, or deposit and withdrawal transaction fees.
Finq.com’s customer support is available by email (support@finq.com), live chat, and WhatsApp 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 ($100)
- Competitive spread from 0.14 pips (EUR/USD)
- No hidden fees
- Up to $4,000 welcome bonus for new traders
- $10,000 free demo account
Cons
- Limited regulation
- High minimum deposit of $100
- Lacks educational material and research resources
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
- Competitive trading fees
- Compatibility with MT4 and TradingCentral
- Access to over 2,100 financial instruments
- Free demo account availability
- Fast registration and KYC on-boarding process
- 24/5 support in English and Arabic
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
Finq.com vs. Libertex Comparison
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Finq.com
Libertex Review March 2024
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 300:1 | 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 | 0 | Depends on method |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | $50 if no trades after 3 months | $10 USD after 180 days of inactivity |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 0.8 | 0.1 |
| Stocks & ETF | 0 | 0 |
| CFD (Gold) | 0.3 | 2 |
| Crypto | 0 | 0 |
| Options | 0 | 0 |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $100.00 | 100 USD |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 0 | 116 |
| ETF & Funds | 0 | 0 |
| Crypto | 0 | 0 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 0 | 0 |
| Futures | 0 | 0 |
| Bonds | 0 | 0 |
| Forex Instruments | 55 | 53 |
| CFD Indices & Funds | 50 | 40 |
| CFD Stocks | 2000 | 116 |
| CFD Commodities | 19 | 16 |
| CFD Crypto | 4 | 73 |
| CFD Bonds | 5 | 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
Finq.com vs. Libertex Comparison Conclusion
The results of our comparison of Finq.com vs. Libertex are wrapped up in the table below.
| Broker: | Best For: |
| Finq.com | CFD Trading With Welcome Bonuses |
| Libertex | Stock and Crypto CFD trading |
Picking the appropriate selection in between Finq.com and Libertex can be difficult. Both online brokers have similarities but vary pertaining to trading tools, systems & apps, policy, down payment & withdrawals, and research and education. Selecting the best broker depends on customers’ trading & investment goals, individual preferences, 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.