Nextmarkets
Visit

63.10% of retail CFD accounts lose money.

Vs.

Libertex
Visit

70.8% of retail CFD accounts lose money.

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

Updated Dec 22 2022

Visit

63.10% of retail CFD accounts lose money.

Visit

70.8% of retail CFD accounts lose money.

Overview

Nextmarkets is a german broker founded in 2014 that specialises in commission free stocks and ETFs trading through their proprietary platform which offers an expert advisory service via live coaches that suggest their trading ideas.

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

Best For
  • New investors and traders looking to explore their social and copy trading offering via live coaches
  • New investors and traders looking for a simple and friendly mobile app for commission-free investing in stocks or equities
  • 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

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
  • MFSA (Malta Financial Services Authority)
  • CySec (Cyprus.
The Good
  • Their “trading ideas” and “live coaches” offering is quite interesting and provides a lot of value for new traders
  • Their proprietary platform is very simple and easy to use
  • Their equities offering is completely commission-free
  • Clean and user-friendly trading platform
  • Advanced mobile app with news integration for iOS and Android
  • Zero commission stock investing
The Bad
  • Asides from stocks and ETFs, their asset offering lacks variety
  • Their web platform is completely impractical to use for professional trading
  • They don’t let you enjoy your demo trading experience in peace, there is a constant pop-up asking you to fund your account at all times
  • 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
2014 1997
💳 Minimum Deposit Range
0 $100
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Paypal
  • Sofort
  • iDeal
💵 Account Base Currencies
2 - EUR, GBP. 4 - EUR, GBP, PLN, CHF
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, CA, SY, IR.

US, CA, SY.

📊 STP Account
No No
📊 DMA Account
Yes Yes
📊 ECN Account
No No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
Hybrid Hybrid
Total Asset Offering
18,037 374
Exchange Access
0 0
📙 Real Stocks
8,000 100
📙 Stock CFDs
8,000 100
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
22 52
📗 Commodities
0 0
📗 Commodities CFDs
5 17
📕 Indices
0 0
📕 Indices CFDs
5 18
📔 ETFs
1,000 0
📔 ETFs CFDs
1,000 10
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
4 73
📒 Bonds
0 0
📒 Bonds CFDs
1 0
📓 Options
0 0
📓 Options CFDs
0 4
📗 Futures
0 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
1 Share $20 minimum trade size
📉 Minimum ETFs Trade Size
1 ETF $20 minimum trade size
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency (eg: 0.1 BTC) $20 minimum trade size
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $20 minimum trade size
📈 Minimum Commodities Trade Size
Varies per commodity (eg: 1 contract of Gold - 1 ounce) $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
100 500
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
Yes Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
No Yes
📺 cTrader
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
No 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
None None
Spreads
📈 EUR/USD
Dynamic - From 0.6 Pips Dynamic - From 0 to 1.2 Pips
📉 SP500
Dynamic - From 50 Pips Dynamic - From 83 Pips
📈 GOLD
Dynamic - From 40 Pips Dynamic - From 25 Pips
📉 TSLA (Stock CFD)
Dynamic - From $2 Dynamic - From $4
📈 XLK (ETF - CFD)
Dynamic - From $0.1 to 0.3 Dynamic - Market Spread
📉 BTC
Dynamic - From $125 Dynamic - From $205
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
No Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No
📡 Educational Content
Yes Yes
📡 Live Chat Support
Yes Yes
📡 Video Tutorials
Yes No
📡 Account Management
No Yes
📡 Webinars
Yes No