This comparison overview aids users that struggle to choose in between Interactive Brokers and Libertex to locate the very best online broker for their trading and investment needs. It analyzes the main features of both brokers alongside to aid users contrast their service and make an informed choice.
To aid users choose the right broker between Interactive Brokers and Libertex to locate the best-suited system, below is a checklist of broker’s benefits and drawbacks, followed by a contrast of their major trading attributes, including trading platforms & devices, fees, mobile trading, deposit & withdrawal, possessions, policy, and client assistance.
Interactive Brokers vs. Libertex: Summary
Interactive Brokers is a highly trusted global broker with a well-rounded offer of tradable markets, great educational content and sophisticated order type configuration. It is a high trusted and well capitalize company with an industry leading trading platform, a competitive fee structure and great global market access. Their low entry level and the Global Trader platform, which is intuitive and easy to use trading station, make this broker s great choice for beginners and advanced forex traders.
Professional and seasoned traders will appreciate the great selection of advanced trading tools and order type configurations available on their proprietary Trader Workstation desktop platform (TWS).
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 ($0)
- Industry lowest overall fees
- Professional trading platform suitable for different types of traders
- Intuitive and easy to use mobile trading app
- Compatible features for casual and professional traders
- Responsive customer support
Cons
- Few deposit and withdrawal options
- Research and education materials 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
- Margin loan rates on stocks of 1.3%
- Access to 135+ global markets
- Advanced order types, tools and features
- Access to frictional shares
- Lowest commissions in the industry
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
Interactive Brokers vs. Libertex Comparison
Select up to 3 Brokers
Interactive Brokers
All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.
Libertex Review March 2024
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:20 | 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 | 1% | 0 |
| Inactivity Fee | 0 | $10 USD after 180 days of inactivity |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 0.2 pips + 0.08 to 0.20 bps times trade size comission | 0.1 |
| Stocks & ETF | $ 0.005 per share | 0 |
| CFD (Gold) | 0.02% | 2 |
| Crypto | 0.12% to 0.18% of trade value | 0 |
| Options | 0 | |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees | Yes on CFD’s |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $0 | 100 USD |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | YES from US bank account | |
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 16.500 | 116 |
| ETF & Funds | 35.000 | 0 |
| Crypto | 4 | 0 |
| Commodities | 1 | 0 |
| Indices | 3052 | 0 |
| Options | 50.000 | 0 |
| Futures | 245 | 0 |
| Bonds | 1.000.000 | 0 |
| Forex Instruments | 115 | 53 |
| CFD Indices & Funds | 13 | 40 |
| CFD Stocks | 8.000 | 116 |
| CFD Commodities | 2 | 16 |
| CFD Crypto | 0 | 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
Interactive Brokers vs. Libertex Comparison Conclusion
The outcomes of our comparison of Interactive Brokers vs. Libertex are wrapped up in the table below.
| Broker: | Best For: |
| Interactive Brokers | Stocks and ETFs |
| Libertex | Stock and Crypto CFD trading |
Selecting the ideal option between Interactive Brokers and Libertex can be challenging. Both online brokers have similarities but vary regarding trading tools, platforms & applications, regulation, deposit & withdrawals, and research and education and learning. Picking the best broker depends on individuals’ trading & investment goals, specific 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.