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


Visit 76.27% of retail CFD accounts lose money.	Visit 70.8% of retail CFD accounts lose money.
Overview
IC Markets is an Australian broker with a global presence specialising in Forex trading. One of their greatest advantages is providing RAW spread accounts with interbank pricing.	Libertex is a broker headquartered in Cyprus that operates since 1997 and offers trading in over 250 financial instruments.
Best For
Professional traders looking for Interbank rates High volume traders that will save great amounts of costs with their low spreads and 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 1 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
ASIC (Australia) CySec (Cyprus) FSA (Seychelles)	CySec (Cyprus.
The Good
Customisable leverage per asset before opening trades Interbank rates and low commissions Great platform variety	Clean and user-friendly trading platform Advanced mobile app with news integration for iOS and Android Zero commission stock investing
The Bad
Avaliable assets are limited (Also No ETFs) No ability to purchase real stocks or cryptocurrencies, only CFDs	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
$200	$100
💰 Payment Methods
Visa Mastercard Bank Transfer Bitcoin Sofort Paypal Neteller Skrill	Visa Mastercard Bank Transfer Neteller Skrill Paypal Sofort iDeal
💵 Account Base Currencies
10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD.	4 - EUR, GBP, PLN, CHF
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, IL.	US, CA, SY.
📊 STP Account
Yes	No
📊 DMA Account
No	Yes
📊 ECN Account
Yes	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	Hybrid
Total Asset Offering
1,737	374
Exchange Access
0	0
📙 Real Stocks
0	100
📙 Stock CFDs
1,600	100
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
61	52
📗 Commodities
0	0
📗 Commodities CFDs
22	17
📕 Indices
0	0
📕 Indices CFDs
25	18
📔 ETFs
0	0
📔 ETFs CFDs
0	10
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
18	73
📒 Bonds
0	0
📒 Bonds CFDs
11	0
📓 Options
0	0
📓 Options CFDs
0	4
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
Unavailable	$20 minimum trade size
📉 Minimum ETFs Trade Size
Unavailable	$20 minimum trade size
📈 Minimum Crypto Trade Size
Varies by Cryptocurrency (Eg: 0.01 BTC)	$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
500	500
✍ Customisable Leverage
Yes	No
🎲 Deleveraged Trading
No	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	Yes
📺 cTrader
Yes	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
No	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	No
👫 Social Trading
Yes	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
No	Yes
Fees
💰 Inactivity Fee
None	€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
No commissions in standard accounts but rather a 1 Pip spread markup on interbank prices received. For Raw spreads accounts, $7 per lot round turn.	None
Spreads
📈 EUR/USD
Dynamic - From 0 to 0.6 Pips	Dynamic - From 0 to 1.2 Pips
📉 SP500
Dynamic - From 20 to 45 Pips	Dynamic - From 83 Pips
📈 GOLD
Dynamic - From 30 Pips	Dynamic - From 25 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - From $4
📈 XLK (ETF - CFD)
Unavailable	Dynamic - Market Spread
📉 BTC
Dynamic - From $8.7 to $42	Dynamic - From $205
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No
📡 Educational Content
Yes	Yes
📡 Live Chat Support
Yes	Yes
📡 Video Tutorials
No	No
📡 Account Management
No	Yes
📡 Webinars
No	No