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


Visit 70.8% of retail CFD accounts lose money.	Visit 74-89% of retail CFD accounts lose money.
Overview
Libertex is a broker headquartered in Cyprus that operates since 1997 and offers trading in over 250 financial instruments.	RoboForex is an international broker established in 2009 which also owns the brand RoboMarkets and specialises on CFD trading over several asset classes.
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	Intermediate and Professional traders looking for different account offerings Experienced traders looking for trading platform variety
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 0 Other Licenses 1 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus.	IFSC (International Financial Services Commission of Belize)
The Good
Clean and user-friendly trading platform Advanced mobile app with news integration for iOS and Android Zero commission stock investing	Comprehensive asset offering with more than 13,000+ instruments Great platform variety (MT4, MT5, cTrader and their own proprietary platforms) Custom account types with spreads from 0 pips
The Bad
Doesn't support use of Expert Advisors (EA) Stock CFDs are limited to popular (blue chip) choices Weak regulatory framework	Weak regulatory framework (counting on 1 license from the IFSC) Doesn’t accept clients from the UK, EU and a few other countries
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	2009
💳 Minimum Deposit Range
$100	$10
💰 Payment Methods
Visa Mastercard Bank Transfer Neteller Skrill Paypal Sofort iDeal	Visa Mastercard JCB AstroPay Skrill Neteller Perfect Money AdvCash NganLuong Wallet Bank transfers (SEPA, local and several options per country)
💵 Account Base Currencies
4 - EUR, GBP, PLN, CHF	4 - USD, EUR, CNY, GOLD.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY.	US, CA, JP, AU, BQ, CW, TL, RU, GQ, FM, MP, SJ, SS, UK, European Union.
📊 STP Account
No	Yes
📊 DMA Account
Yes	No
📊 ECN Account
No	Yes
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
Hybrid	CFDs
Total Asset Offering
374	13,206
Exchange Access
0	0
📙 Real Stocks
100	0
📙 Stock CFDs
100	12,000
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
52	40
📗 Commodities
0	0
📗 Commodities CFDs
17	100
📕 Indices
0	0
📕 Indices CFDs
18	50
📔 ETFs
0	0
📔 ETFs CFDs
10	1,000
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
73	16
📒 Bonds
0	0
📒 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	$1,000 (0.01 Lots)
📉 Minimum ETFs Trade Size
$20 minimum trade size	$1,000 (0.01 Lots)
📈 Minimum Crypto Trade Size
$20 minimum trade size	$1,000 (0.01 Lots)
📉 Minimum FX Trade Size
$20 minimum trade size	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$20 minimum trade size	$1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
$20 minimum trade size	Unavailable
💪 Retail Leverage
30	2000
💪 Professional Leverage
500	Unavailable
✍ Customisable Leverage
No	Yes
🎲 Deleveraged Trading
Yes	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	Yes
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
No	Yes
👫 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.	Yes for some methods (eg: Some bank withdrawals can cost up to 1.5% of the amount).
💰 Commissions
None	Yes depending on account type (eg: for ECN accounts there are commissions up to $20).
Spreads
📈 EUR/USD
Dynamic - From 0 to 1.2 Pips	Dynamic - From 0 to 1.4 Pips
📉 SP500
Dynamic - From 83 Pips	Dynamic - Market Spread
📈 GOLD
Dynamic - From 25 Pips	Dynamic - From 17 Pips
📉 TSLA (Stock CFD)
Dynamic - From $4	Dynamic - Market Spread
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Dynamic - Market Spread
📉 BTC
Dynamic - From $205	Dynamic - From $220
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	No
📡 Live Chat Support
Yes	No
📡 Video Tutorials
No	No
📡 Account Management
Yes	No
📡 Webinars
No	No