This contrast overview assists individuals that battle to pick between Forex.com and Libertex to find the very best online broker for their trading and financial investment requirements. It evaluates the highlights of the two brokers alongside to help customers compare their service and make an informed choice.
To help customers pick the right broker in between Forex.com and Libertex to find the best-suited system, listed below is a list of broker’s benefits and drawbacks, adhered to by a comparison of their major trading attributes, including trading platforms & tools, fees, mobile trading, down payment & withdrawal, possessions, law, and consumer support.
Forex.com vs. Libertex: Summary
Forex.com a reputable forex and CFD broker regulated by 7 tier–one regulators. They offer access to 5500+ tradable symbols across various markets including forex, stocks, cryptos and CFDs. Forex.com also offers a wide range of proprietary platforms with access to advanced charting features through TradingView, social trading tools and MT4 integration.
Forex.com trading fees are with an average spread of 1.1 pips (EUR/USD) above industry average.
Forex.com customer support is available 24/7 via email, phone and live chat. Their exceptional educational resources, great market research and ease of use make this broker a good choice for beginners and intermediate traders.
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)
- Low average spread from 0.74 pips EUR/USD
- Advanced charting features and performance analytics
- Award Winning Mobile trading app
- Professional customer support
Cons
- Educational videos are missing
- MT5 available outside of US only
- Limited assets available on MT5
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 MT5
- 5500 tradable symbols and 4550 CFDs overall
- Award winning mobile trading app
- Advanced charting and performance analytics available
- Great combination of ease of use and personal customisation
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
Forex.com vs. Libertex Comparison
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Forex.com
Libertex Review March 2024
BROKER COMPARISON
Trading Platform & Tools
Automated Trading | ||
Charting Tools | ||
Conditional Orders | ||
cTrader | ||
Demo Account | ||
Desktop Platform | ||
Max Leverage | 1:50 | 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 | $15 per month (after 12 months) | $10 USD after 180 days of inactivity |
Cost Per Trade | 0 | 0 |
Cost Per Month | 0 | 0 |
Forex (EUR/USD) | 0.8 pips | 0.1 |
Stocks & ETF | 0 + spread | 0 |
CFD (Gold) | 0.8 | 2 |
Crypto | 0 | 0 |
Options | 0 | 0 |
Conversion Fees | 0.50% | 0 |
Misc. Fees | 0 | 0 |
Overnight Fees | 2.50% |
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 | 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 | 91 | 53 |
CFD Indices & Funds | 17 | 40 |
CFD Stocks | 9500 | 116 |
CFD Commodities | 22 | 16 |
CFD Crypto | 8 | 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
Forex.com vs. Libertex Comparison Conclusion
The outcomes of our comparison of Forex.com vs. Libertex are involved the table listed below.
Broker: | Best For: |
Forex.com | Forex and CFD trading and MT4 |
Libertex | Stock and Crypto CFD trading |
Choosing the appropriate option between Forex.com and Libertex can be tough. Both on the internet brokers have similarities however differ concerning trading tools, platforms & apps, regulation, deposit & withdrawals, and research study and education. Picking the very best broker relies on customers’ trading & financial investment goals, individual choices, and experience degree.
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.