Libertex
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70.8% of retail CFD accounts lose money.

Vs.

XM
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73.03% of retail CFD accounts lose money.

Libertex Vs. XM - Compare and Choose the Right One

Updated May 26 2022

Visit

70.8% of retail CFD accounts lose money.

Visit

73.03% 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.

XM is an international broker headquartered in Cyprus which offers MetaTrader 4 & 5 and over 1500 + tradable assets.

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
  • Experienced traders looking to trade shares in high volume using their Zero account
  • MetaTrader users wishing to explore XM's offering while maintaining their preferred platforms
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

2

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • ASIC (Australia)
  • CySec (Cyprus)
  • ADGM (United Arab Emirates)
The Good
  • Clean and user-friendly trading platform
  • Advanced mobile app with news integration for iOS and Android
  • Zero commission stock investing
  • Competitive commissions on their Zero account
  • Modest asset offering of 1500+ tradable instruments (similar to competitors in the same range)
The Bad
  • Doesn't support use of Expert Advisors (EA)
  • Stock CFDs are limited to popular (blue chip) choices
  • No proprietary platforms or technology
  • Expensive spreads and trading fees
  • Lack of asset variety when compared to other brokers in the same range
Status
Operational Operational
Recent News
N/A N/A
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
- 100 €, £, $ - 5
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Paypal
  • Sofort
  • iDeal
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
💵 Account Base Currencies
4 - EUR, GBP, PLN, CHF 11 - USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, CA, SY. US, CA.
📊 STP Account
No No
📊 DMA Account
Yes No
📊 ECN Account
No No
Assets
📚 Available Assets
  • Real stocks and ETFs
  • CFDs on stocks, ETFs, currencies, commodities, cryptocurrencies and indices

CFDs on stocks, commodities, currencies and indices.

📙 Stocks
100+ 1286
📘 Currency Pairs
52 57
📗 Commodities
17 15
📕 Indices
18 14
📔 ETFs
10 N/A
💸 Cryptocurrencies
73 N/A
📒 Bonds
N/A N/A
📓 Options

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

N/A
📗 Futures
N/A 10
📝 Notes:
N/A All of XM's assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
Minimum 20 € trade size Fractional Share trading - Varies per stock (Eg: 0.1/16 of ADBE shares)
📉 Minimum ETFs Trade Size
Minimum 20 € trade size N/A
📈 Minimum Crypto Trade Size
Minimum 20 € trade size N/A
📉 Minimum FX Trade Size
Minimum 20 € trade size $100 (0.001 Lots)
📈 Minimum Commodities Trade Size
Minimum 20 € trade size Varies by Commodity (Eg: 0.01 Troy ounce of Gold)
📉 Minimum Bonds Trade Size
N/A N/A
📈 Minimum Futures Trade Size
N/A All of XM's futures are commodities, same rules apply.
📉 Minimum Options Trade Size
Minimum 20 € trade size N/A
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
Up to 1:500 N/A
✍ Customisable Leverage
No Yes
🎲 Deleveraged Trading
Yes for stocks No
🎓 Demo Account
Yes Yes
📱 IOS App
Yes No
📱 Android App
Yes No
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes Yes
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes No
📊 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

Yes, $15 one time payment after 1 year of inactivity and then $5 monthly.

💰 Deposit Fees
No No
💰 Withdrawal Fees

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

No
💰 Commissions
No

Yes on Zero accounts ($7 per lot round turn).

Spreads
📈 EUR/USD
Dynamic - From 0 to 1.2 Pips Dynamic - From 1.7 Pips
📉 SP500
Dynamic - From 83 Pips Dynamic - From 40 Pips
📈 GOLD
Dynamic - From 25 Pips Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Dynamic - From $4 Dynamic - From $9.4
📈 XLK (ETF - CFD)
Dynamic - Market Spread N/A
📉 BTC
Dynamic - From $205 N/A
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No

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