Libertex Vs. Interactive Brokers - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 70.8% of retail CFD accounts lose money.	Visit Investing in financial products involves taking risk.
Overview
Libertex is a broker headquartered in Cyprus that operates since 1997 and offers trading in over 250 financial instruments.	Interactive Brokers is a global brokerage founded in 1978 that holds 11+ high tier financial licenses and provides discounted electronic trading services in nearly all the globe with access to more than 100,000+ financial instruments.
Best For
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	Seasoned investors looking for a one-stop shop to cover a variety of needs Global investors who seek the most reliable discount service available Traders from intermediate to advanced level
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 0 Other Licenses 1 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 10 Other Licenses 1 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus.	SEC (United States) FINRA (United States) FCA (United Kingdom) ASIC (Australia) IIROC (Canada) MNB (Hungary) BSE (India) CBI (Ireland) FSA (Japan) CSSF (Luxembourg) CSSF MAS (Singapore)
The Good
Clean and user-friendly trading platform Advanced mobile app with news integration for iOS and Android Zero commission stock investing	High regulation Exceptional number of investment instruments (Above 100,000+) Competitive discount fees
The Bad
Doesn't support use of Expert Advisors (EA) Stock CFDs are limited to popular (blue chip) choices Weak regulatory framework	Complicated account opening process Platforms are not beginner friendly Narrow choice of deposit options (Mostly bank transfers)
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
1997	1978
💳 Minimum Deposit Range
$100	0
💰 Payment Methods
Visa Mastercard Bank Transfer Neteller Skrill Paypal Sofort iDeal	Bank Transfer ACH (US only) Check (US only) Debit Card (US only) BPAY (Australia only)
💵 Account Base Currencies
4 - EUR, GBP, PLN, CHF	23 - USD, EUR, GBP, AUD, CAD, CHF, CNY, CZK, DK, HKD, HUF, INR, ILS, JPY, MXN, NZD, NOK, PLN, RUB, SGD, ZAR, KRW, SEK.
🗽 Available to U.S Citizens
No	Yes
❌ Restricted Countries
US, CA, SY.	AF, SY, SO, SD, LY, NG, BI.
📊 STP Account
No	Yes
📊 DMA Account
Yes	Yes
📊 ECN Account
No	Yes
Banking License
No	No
Debit Card
No	Yes
Assets
📚 Assets Type
Hybrid	Hybrid
Total Asset Offering
374	173,105
Exchange Access
0	78
📙 Real Stocks
100	100,000
📙 Stock CFDs
100	0
📘 Currency Pairs
0	105
📘 Currency Pair CFDs
52	0
📗 Commodities
0	0
📗 Commodities CFDs
17	0
📕 Indices
0	0
📕 Indices CFDs
18	0
📔 ETFs
0	13,000
📔 ETFs CFDs
10	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
73	0
📒 Bonds
0	60,000
📒 Bonds CFDs
0	0
📓 Options
0	0
📓 Options CFDs
4	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
$20 minimum trade size	Variable - Fractions Allowed
📉 Minimum ETFs Trade Size
$20 minimum trade size	Variable - Fractions Allowed
📈 Minimum Crypto Trade Size
$20 minimum trade size	Unavailable
📉 Minimum FX Trade Size
$20 minimum trade size	$25,000 (0.25 lots)
📈 Minimum Commodities Trade Size
$20 minimum trade size	Varies per commodity (eg: 1 Ounce of Gold)
📉 Minimum Bonds Trade Size
Unavailable	$1,000 for corporate/muni bonds, $1 million for treasury bonds
📈 Minimum Futures Trade Size
Unavailable	1 Contract
📉 Minimum Options Trade Size
$20 minimum trade size	1 Contract
💪 Retail Leverage
30	Unavailable
💪 Professional Leverage
500	Unavailable
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
Yes	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
Yes	No
📺 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
No	No
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
€10/month after 180 calendar days of inactivity.	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
Depending on the service - up to 1%, 2% withdrawal fee on an inactive account.	One free withdrawal per month, subsequent are $10 per withdrawal or equivalent
💰 Commissions
None	Commissions depend on market and residency: US residents are eligible for zero commission US stock trading. Else, for US stocks it is $0.005/share with a minimum $1 and maximum 1% of the trade value. European stocks have €3 minimum and 0.05% trade value. Forex commissions are volume based starting at 0.20 basis points of trade value or $2 minimum per trade, and going low as 0.08 basis points and $1. Options start at $0.25 per contract and go as low as $0.15 per contract. Futures start at $0.85 per contract and go as low as $0.25 per contract
Spreads
📈 EUR/USD
Dynamic - From 0 to 1.2 Pips	Dynamic - From 0.1 Pips
📉 SP500
Dynamic - From 83 Pips	Dynamic - From 01 Pip
📈 GOLD
Dynamic - From 25 Pips	Unavailable
📉 TSLA (Stock CFD)
Dynamic - From $4	Dynamic - From $0.50
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Unavailable
📉 BTC
Dynamic - From $205	Unavailable
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	Yes
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	Yes
📡 Reuters Feed
No	Yes
📡 Educational Content
Yes	No
📡 Live Chat Support
Yes	Yes
📡 Video Tutorials
No	No
📡 Account Management
Yes	Yes
📡 Webinars
No	No