Forex.com
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67.6% of retail CFD accounts lose money.

Vs.

Libertex
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70.8% of retail CFD accounts lose money.

Forex.com Vs. Libertex - Compare and Choose the Right One

Updated Jul 12 2022

Visit

67.6% of retail CFD accounts lose money.

Visit

70.8% of retail CFD accounts lose money.

Overview

Forex.com is a global broker headquartered in the U.S and part of StoneX (publicly traded company on NASDAQ) that specialises in offering CFDs based on commodities, currencies, indices, stocks, ETFs, shares, bonds and cryptocurrencies.

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

Best For
  • Traders of all levels (beginner to advanced) looking for competitive pricing
  • Trades of all levels looking for a great platform variety
  • High volume traders looking for ECN or DMA accounts offering deep liquidity for large trades
  • 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

4

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
  • FINRA (United States)
  • FCA (UK)
  • FFAJ (Japan)
  • IIROC (Canada)
  • CySec (Cyprus)
  • CIMA (Cayman Islands)
  • CySec (Cyprus)
The Good
  • Great platform offering (Proprietary, TradingView, MetaTrader 4 & 5)
  • Excellent asset offering (more than 5,000+ instruments)
  • Competitive spreads in some of their assets
  • Clean and user-friendly trading platform
  • Advanced mobile app with news integration for iOS and Android
  • Zero commission stock investing
The Bad
  • Despite presenting a great customisable platform, it still feels messy and not intuitive to use
  • Commissions are expensive when compared to similar competitors 
  • Doesn't support use of Expert Advisors (EA)
  • Stock CFDs are limited to popular (blue chip) choices
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
2001 1997
💳 Minimum Deposit
$100 - 100
💰 Payment Methods
  • Visa
  • Mastercard
  • Skrill
  • Neteller
  • Bank Transfer
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Paypal
  • Sofort
  • iDeal
💵 Account Base Currencies
6 - GBP, USD, EUR, AUD, JPY, CHF. 4 - EUR, GBP, PLN, CHF
🗽 Available to U.S Citizens
Yes No
❌ Restricted Countries
None US, CA, SY.
📊 STP Account
Yes No
📊 DMA Account
Yes Yes
📊 ECN Account
Yes No
Assets
📚 Available Assets

CFDs on currencies, commodities, indices, bonds, shares and cryptocurrencies.

  • Real stocks and ETFs
  • CFDs on stocks, ETFs, currencies, commodities, cryptocurrencies and indices
📙 Stocks
4,500+ 100+
📘 Currency Pairs
93 52
📗 Commodities
35 17
📕 Indices
24 18
📔 ETFs
700+ 10
💸 Cryptocurrencies
5 73
📒 Bonds
14 N/A
📓 Options
N/A

Options on Bitcoin, SP500, Crude Oil, DAX30 and Silver.

📗 Futures
N/A N/A
📝 Notes:

All of Forex.com’s assets are CFDs.

N/A
Trading Experience
📈 Minimum Stock Trade Size
Varies per share (eg: 0.3 AMZN shares) Minimum 20 € trade size
📉 Minimum ETFs Trade Size
Varies per ETF (eg: 5 contracts of XLK) Minimum 20 € trade size
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency (eg: 0.01 BTC) Minimum 20 € trade size
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) Minimum 20 € trade size
📈 Minimum Commodities Trade Size
Varies per commodity (eg: 1 contract of Gold) Minimum 20 € trade size
📉 Minimum Bonds Trade Size
Varies per Bond (eg: 1 contract of Euro Bobl) N/A
📈 Minimum Futures Trade Size
N/A N/A
📉 Minimum Options Trade Size
N/A Minimum 20 € trade size
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
Up to 1:500 Up to 1:500
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
Yes Yes for stocks
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes Yes
💻 Web trader
Yes Yes
💻 TradingView Platform
Yes No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee

Yes, $15 monthly after 1 year of inactivity.

€10/month after 180 calendar days of inactivity

💰 Deposit Fees
No No
💰 Withdrawal Fees
No

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

💰 Commissions

Yes depending on account type.

  • Standard account has no commissions
  • “Commission Account” and “DMA Account” have a flat $5 fee commission per lot round turn
No
Spreads
📈 EUR/USD
Dynamic - From 0.8 Pips Dynamic - From 0 to 1.2 Pips
📉 SP500
From 60 Pips Dynamic - From 83 Pips
📈 GOLD
From 50 Pips Dynamic - From 25 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - From $4
📈 XLK (ETF - CFD)
Dynamic - Market Spread Dynamic - Market Spread
📉 BTC
From $120 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