CMC Markets
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78% of retail CFD accounts lose money.

Vs.

Libertex
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70.8% of retail CFD accounts lose money.

CMC Markets Vs. Libertex - Compare Trustworthiness, Capabilities, Fees and Legitimacy

Updated Dec 22 2022

Visit

78% of retail CFD accounts lose money.

Visit

70.8% of retail CFD accounts lose money.

Overview

CMC Markets is a global broker headquartered in the U.K that holds 6 high value financial licenses and offers CFD trading on stocks, etfs, commodities, currencies, bonds and cryptocurrencies.

Libertex is a broker headquartered in Cyprus that operates since 1997 and offers trading in over 250 financial instruments.

Best For
  • Professional high volume traders looking to offset the cost of commissions through larger trades
  • Intermediate and professional traders looking for a professional custom platform with customisable layouts
  • European-based traders who are looking to trade forex and cryptocurrencies
  • Traders who need to monitor their positions through mobile apps
  • Long-term investors in equities
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

5

Other Licenses

0

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

0

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • FCA (UK)
  • IIROC (Canada)
  • MAS (Singapore)
  • BaFin (Germany)
  • CySec (Cyprus.
The Good
  • Comprehensive asset offering with more than 12,000+ tradable assets and the possibility to add data connections to exchanges to add more
  • Powerful professional platform with customisable layouts and integrated reuters feed
  • Clean and user-friendly trading platform
  • Advanced mobile app with news integration for iOS and Android
  • Zero commission stock investing
The Bad
  • High commissions on stocks and ETFs
  • Platform is not beginner friendly
  • Doesn't support use of Expert Advisors (EA)
  • Stock CFDs are limited to popular (blue chip) choices
  • Weak regulatory framework
Status
Operational Operational
Recent News

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

Key Data
⌛ Account Opening Time
1 day 1 day
📋 Documents Required
  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

📍 Year Founded
1989 1997
💳 Minimum Deposit Range
0 $100
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Paypal
  • Sofort
  • iDeal
💵 Account Base Currencies
10 - AUD, GBP, CAD, EUR, NZD, NOK, PLN, SGD, SEK, USD. 4 - EUR, GBP, PLN, CHF
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, JP, SY, ZA, IR.

US, CA, SY.

📊 STP Account
No No
📊 DMA Account
Yes Yes
📊 ECN Account
Yes No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs Hybrid
Total Asset Offering
11,885 374
Exchange Access
0 0
📙 Real Stocks
0 100
📙 Stock CFDs
10,169 100
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
330 52
📗 Commodities
0 0
📗 Commodities CFDs
124 17
📕 Indices
0 0
📕 Indices CFDs
95 18
📔 ETFs
0 0
📔 ETFs CFDs
1,084 10
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
18 73
📒 Bonds
0 0
📒 Bonds CFDs
55 0
📓 Options
0 0
📓 Options CFDs
0 4
📗 Futures
0 0
📗 Futures CFDs
10 0
Trading Experience
📈 Minimum Stock Trade Size
1 Share $20 minimum trade size
📉 Minimum ETFs Trade Size
1 ETF $20 minimum trade size
📈 Minimum Crypto Trade Size
Variable (eg: 1 BTC) $20 minimum trade size
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $20 minimum trade size
📈 Minimum Commodities Trade Size
1 Contract $20 minimum trade size
📉 Minimum Bonds Trade Size
1 Contract Unavailable
📈 Minimum Futures Trade Size
1 Contract Unavailable
📉 Minimum Options Trade Size
Unavailable $20 minimum trade size
💪 Retail Leverage
30 30
💪 Professional Leverage
500 500
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
No Yes
📺 cTrader
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
Yes No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee

After 12 months of inactivity, CMC Markets charges a £10 inactivity fee.

€10/month after 180 calendar days of inactivity.

💰 Deposit Fees
None None
💰 Withdrawal Fees
None

Depending on the service - up to 1%, 2% withdrawal fee on an inactive account.

💰 Commissions

Yes and they vary per share exchange location. For U.S shares, there is a minimum $10 in-and-out commission. 

None
Spreads
📈 EUR/USD
Dynamic - From 0.7 Pips Dynamic - From 0 to 1.2 Pips
📉 SP500
From 60 Pips Dynamic - From 83 Pips
📈 GOLD
From 30 Pips Dynamic - From 25 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - From $4
📈 XLK (ETF - CFD)
Dynamic - Market Spread Dynamic - Market Spread
📉 BTC
Unavailable Dynamic - From $205
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes No
📡 Reuters Feed
Yes No
📡 Educational Content
Yes Yes
📡 Live Chat Support
Yes Yes
📡 Video Tutorials
Yes No
📡 Account Management
No Yes
📡 Webinars
Yes No