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


Visit 74-89% of retail CFD accounts lose money.	Visit 70.8% of retail CFD accounts lose money.
Overview
RoboForex is an international broker established in 2009 which also owns the brand RoboMarkets and specialises on CFD trading over several asset classes.	Libertex is a broker headquartered in Cyprus that operates since 1997 and offers trading in over 250 financial instruments.
Best For
Intermediate and Professional traders looking for different account offerings Experienced traders looking for trading platform variety	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
IFSC (International Financial Services Commission of Belize)	CySec (Cyprus.
The Good
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	Clean and user-friendly trading platform Advanced mobile app with news integration for iOS and Android Zero commission stock investing
The Bad
Weak regulatory framework (counting on 1 license from the IFSC) Doesn’t accept clients from the UK, EU and a few other countries	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
2009	1997
💳 Minimum Deposit Range
$10	$100
💰 Payment Methods
Visa Mastercard JCB AstroPay Skrill Neteller Perfect Money AdvCash NganLuong Wallet Bank transfers (SEPA, local and several options per country)	Visa Mastercard Bank Transfer Neteller Skrill Paypal Sofort iDeal
💵 Account Base Currencies
4 - USD, EUR, CNY, GOLD.	4 - EUR, GBP, PLN, CHF
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, JP, AU, BQ, CW, TL, RU, GQ, FM, MP, SJ, SS, UK, European Union.	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
13,206	374
Exchange Access
0	0
📙 Real Stocks
0	100
📙 Stock CFDs
12,000	100
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
40	52
📗 Commodities
0	0
📗 Commodities CFDs
100	17
📕 Indices
0	0
📕 Indices CFDs
50	18
📔 ETFs
0	0
📔 ETFs CFDs
1,000	10
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
16	73
📒 Bonds
0	0
📒 Bonds CFDs
0	0
📓 Options
0	0
📓 Options CFDs
0	4
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
$1,000 (0.01 Lots)	$20 minimum trade size
📉 Minimum ETFs Trade Size
$1,000 (0.01 Lots)	$20 minimum trade size
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots)	$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
2000	30
💪 Professional Leverage
Unavailable	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
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
None	€10/month after 180 calendar days of inactivity.
💰 Deposit Fees
None	None
💰 Withdrawal Fees
Yes for some methods (eg: Some bank withdrawals can cost up to 1.5% of the amount).	Depending on the service - up to 1%, 2% withdrawal fee on an inactive account.
💰 Commissions
Yes depending on account type (eg: for ECN accounts there are commissions up to $20).	None
Spreads
📈 EUR/USD
Dynamic - From 0 to 1.4 Pips	Dynamic - From 0 to 1.2 Pips
📉 SP500
Dynamic - Market Spread	Dynamic - From 83 Pips
📈 GOLD
Dynamic - From 17 Pips	Dynamic - From 25 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - From $4
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Dynamic - Market Spread
📉 BTC
Dynamic - From $220	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
No	Yes
📡 Live Chat Support
No	Yes
📡 Video Tutorials
No	No
📡 Account Management
No	Yes
📡 Webinars
No	No