eToro
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74% of retail CFD accounts lose money.

Vs.

Libertex
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70.8% of retail CFD accounts lose money.

eToro Vs. Libertex - Compare Trustworthiness, Capabilities, Fees and Legitimacy

Updated Dec 11 2023

Visit

74% of retail CFD accounts lose money.

Visit

70.8% of retail CFD accounts lose money.

Overview

eToro is an international broker specialised in social and copy trading that offers real stocks and cryptocurrencies along with CFDs on several asset classes.

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

Best For
  • New traders looking to use the copy trading feature
  • Experienced traders looking to monetise their skills by gaining followers
  • Passive investors looking to buy and hold shares with no commissions
  • 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

2

Other Licenses

2

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
  • CySec (Cyprus)
  • FCA (UK)
  • ASIC (Australia)
  • FSAS (Seychelles)
  • CySec (Cyprus.
The Good
  • Social and Copy trading capabilities
  • Trading real shares and cryptocurrencies
  • Clean and user-friendly trading platform
  • Advanced mobile app with news integration for iOS and Android
  • Zero commission stock investing
The Bad
  • Copy Trading statistics are not clear enough
  • Lack of advanced order placement controls
  • 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
2007 1997
💳 Minimum Deposit Range
From $50 to $200 $100
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Sofort
  • Neteller
  • Paypal
  • Skrill
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Paypal
  • Sofort
  • iDeal
💵 Account Base Currencies
1 - USD. 4 - EUR, GBP, PLN, CHF
🗽 Available to U.S Citizens
Yes No
❌ Restricted Countries

AF, AL, BS, BB, BY, BA, BW, BN, BI, KH, CA, TD, CD, CG, ET, FJ, GH, GN, GW, GY, IR, IQ, JM, JP, LA, LY, ML, MU, MN, ME, MM, NA, NI, KP, MK, PK, PW, WS, RS, SO, LK, SD, SY, TT, TN, TR, UG, VU, YE, ZM.

US, CA, SY.

📊 STP Account
Yes No
📊 DMA Account
Yes Yes
📊 ECN Account
No No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
Hybrid Hybrid
Total Asset Offering
4,245 374
Exchange Access
0 0
📙 Real Stocks
2,000 100
📙 Stock CFDs
2,000 100
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
47 52
📗 Commodities
0 0
📗 Commodities CFDs
14 17
📕 Indices
0 0
📕 Indices CFDs
13 18
📔 ETFs
0 0
📔 ETFs CFDs
145 10
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
26 73
📒 Bonds
0 0
📒 Bonds CFDs
0 0
📓 Options
0 0
📓 Options CFDs
0 4
📗 Futures
0 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
$10 $20 minimum trade size
📉 Minimum ETFs Trade Size
$10 $20 minimum trade size
📈 Minimum Crypto Trade Size
$10 $20 minimum trade size
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $20 minimum trade size
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots) $20 minimum trade size
📉 Minimum Bonds Trade Size
Unavailable Unavailable
📈 Minimum Futures Trade Size
Unavailable Unavailable
📉 Minimum Options Trade Size
Unavailable $20 minimum trade size
💪 Retail Leverage
30 30
💪 Professional Leverage
Unavailable 500
✍ Customisable Leverage
Yes No
🎲 Deleveraged Trading
Yes Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
No 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
Yes No
👫 Social Trading
Yes No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee

After 12 months of inactivity, a $10 monthly inactivity fee will be charged.

€10/month after 180 calendar days of inactivity.

💰 Deposit Fees

Conversion fees apply.

None
💰 Withdrawal Fees

$5 flat fee.

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

💰 Commissions

No commissions on real stocks and ETFs

None
Spreads
📈 EUR/USD
Dynamic - From 1 Pip Dynamic - From 0 to 1.2 Pips
📉 SP500
Dynamic - From 75 Pips Dynamic - From 83 Pips
📈 GOLD
Dynamic - From 45 Pips Dynamic - From 25 Pips
📉 TSLA (Stock CFD)
Dynamic - From 0.09% Dynamic - From $4
📈 XLK (ETF - CFD)
Dynamic - From 0.09% Dynamic - Market Spread
📉 BTC
Fixed - 1% Dynamic - From $205
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes No
📡 Reuters Feed
No No
📡 Educational Content
Yes Yes
📡 Live Chat Support
Yes Yes
📡 Video Tutorials
Yes No
📡 Account Management
No Yes
📡 Webinars
No No