Written by ForexBrokers.com
In this head to head comparison of Alpari vs Libertex (Forex Club), we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Alpari and Libertex (Forex Club) stand out as seasoned players in the online brokerage industry, with their foundations dating back to 1998 and 1997, respectively. Neither company is publicly traded nor operates as a bank. When it comes to trustworthiness, ForexBrokers.com rates Alpari with a Trust Score of 68, suggesting a high-risk profile, while Libertex (Forex Club) fares slightly better with a score of 73, indicating an average risk level. In terms of regulatory benchmarks, a critical factor for evaluating a broker's reliability, Alpari holds no Tier-1 licenses, which are highly trusted by ForexBrokers.com, whereas Libertex (Forex Club) holds one Tier-1 license, adding a layer of credibility to its regulatory standing.
| Feature |
Alpari
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 1998 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 0 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When comparing the online brokers Alpari and Libertex (Forex Club) on their commissions and fees, Alpari stands out with a more competitive offering. Although specific average spread data isn't available for either broker, Alpari is rated 4 out of 5 stars for their commissions and fees. According to ForexBrokers.com, Alpari is ranked 41st out of 63 brokers in this category, reflecting their favorable standing in the market.
In contrast, Libertex (Forex Club) offers a different fee structure, which has been rated 3 out of 5 stars for commissions and fees. This rating indicates a slightly higher cost in comparison to Alpari. With a ranking of 62 out of 63 brokers according to ForexBrokers.com, Libertex (Forex Club) falls lower on the list, suggesting that traders might find more attractive fees with other competitors.
Overall, both brokers have their unique strengths, but when it comes to costs, Alpari generally presents a more cost-effective choice, as demonstrated by their higher star rating and better ranking compared to Libertex (Forex Club). For traders focused on minimizing trading costs, Alpari may offer more appealing options.
| Feature |
Alpari
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $20 | $10 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing Alpari and Libertex (Forex Club) in terms of available investment options reveals some distinct differences. Both brokers offer forex trading as contracts for difference (CFDs) or spot contracts, but Libertex provides a wider selection of tradeable symbols with 300 options compared to Alpari's 105. When it comes to forex pairs, Libertex offers 51, slightly surpassing Alpari's 46. Neither platform allows trading of exchange-traded securities from U.S. exchanges. However, Alpari does offer access to some international exchange-traded securities, like Vodafone shares, an option Libertex doesn't provide.
Both Alpari and Libertex offer copy trading and the option to invest in cryptocurrency derivatives, although they do not facilitate buying actual cryptocurrency. When rated for range of investments, Alpari scores 3 stars, while Libertex edges ahead with 3.5 stars. In the same category, ForexBrokers.com ranks Libertex at 53 out of 63 brokers, whereas Alpari trails behind at position 63. Overall, Libertex seems to provide a slightly broader range of investment opportunities, particularly in the variety of forex pairs and tradeable symbols.
| Feature |
Alpari
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 105 | 300 |
| Forex Pairs (Total) | 46 | 51 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
Both Alpari and Libertex (Forex Club) provide traders with a rich suite of trading platforms and tools, making them attractive options for a variety of trading needs. Each broker offers simulated trading through a free virtual demo account, which is ideal for new traders to hone their skills without financial risk. Recognizing the importance of proprietary platforms, both Alpari and Libertex have developed their own in-house platforms, giving traders unique features and user interfaces tailored to each broker's services. For those who prefer more established platforms, both brokers support MetaTrader 4 (MT4), although Alpari goes a step further by also offering MetaTrader 5 (MT5). Alongside this, desktop downloads for Windows and web-based trading platforms are available, ensuring flexibility and convenience across all devices. Investors interested in copy trading will find a home at either broker, as both support this feature. However, neither offers DupliTrade or ZuluTrade. In terms of usability, both allow for direct trading from stock charts, and their watch lists are robust with seven columns each.
When it comes to charting tools, Libertex (Forex Club) provides a notable advantage with 30 drawing tools, compared to Alpari's 15. Despite these differences, both brokers have earned a solid reputation, each securing a four-star rating for their trading platforms and tools. However, when ranked by ForexBrokers.com, Libertex holds a slight edge, ranked at position #50 out of 63 brokers, whereas Alpari is at #55. This ranking suggests that while both offer comprehensive trading services, some traders might find Libertex's tools and offerings a bit more aligned with their trading strategies and preferences.
| Feature |
Alpari
|
Libertex (Forex Club)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 15 |
| Charting - Drawing Tools (Total) | 15 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Alpari and Libertex (also known as Forex Club) offer trading apps for iPhone and Android, catering to mobile traders who need convenience at their fingertips. These applications provide essential features like price alerts and the ability to view multiple time frames on stock or forex charts. Each app also supports technical charting, offering 30 technical studies, as well as options to draw trendlines on charts. However, neither app automatically saves these drawings.
While both Alpari and Libertex allow users to create watchlists with real-time quotes, Libertex takes it further by offering watchlist symbol syncing. This means that your watchlists will stay updated seamlessly across both your mobile app and online account. Although both brokers receive a four-star rating for their mobile trading apps, Libertex ranks slightly higher at 49 out of 63 brokers in the Mobile Trading Apps category on ForexBrokers.com, compared to Alpari, which holds the 56th position.
| Feature |
Alpari
|
Libertex (Forex Club)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research offerings, both Alpari and Libertex (Forex Club) provide forex news from renowned sources such as Bloomberg and Reuters, allowing traders to stay informed with the latest updates. However, Alpari takes a step forward by integrating Autochartist tools for technical or fundamental analysis, which can be beneficial for traders seeking in-depth insights. Both platforms furnish an economic calendar for tracking global news events, ensuring users can monitor vital economic occurrences. Despite these shared tools, neither broker offers daily market commentary or sentiment-based trading tools to gauge market trends.
In terms of overall research quality, both Alpari and Libertex (Forex Club) received a rating of 3 out of 5 stars from ForexBrokers.com. Despite their equal rating, their rankings differ slightly, with Alpari placed at 57th and Libertex at 61st out of 63 brokers. This slight edge for Alpari could be attributed to the inclusion of Autochartist tools, highlighting a small advantage in their research toolkit. That said, traders looking for in-depth analysis beyond basic news coverage may want to explore other options, as neither broker offers tools from Trading Central, sentiment-based insights, or access to TipRanks and Acuity Trading resources.
| Feature |
Alpari
|
Libertex (Forex Club)
|
|---|---|---|
| Daily Market Commentary | No | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners in the trading world, both Alpari and Libertex (Forex Club) provide a variety of materials, but their offers differ slightly. Alpari shines in providing educational content with over 10 beginner-focused trading videos and accessible articles geared towards forex and CFD education. Additionally, beginners can benefit from Alpari's comprehensive investor dictionary, which includes definitions for more than 50 investing terms. On the flipside, Alpari does not host regular webinars or maintain an archive for its educational content, which might be a drawback for those who prefer interactive learning and ongoing support.
Libertex (Forex Club) also offers a foundation for learning with adequate educational materials related to forex and CFDs. While it lacks beginner-targeted video content, it compensates with more advanced trading videos for experienced traders, catering to those wanting to upskill further. However, potential learners might find the absence of an investor dictionary a limitation when seeking to understand complex trading terminologies. Both platforms are rated three stars for their educational offerings, though Alpari ranks slightly higher at #48 compared to Libertex's #57 in ForexBrokers.com's education category ranking.
| Feature |
Alpari
|
Libertex (Forex Club)
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | Yes |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Alpari is better than Libertex (Forex Club). Alpari finished with an overall rank of #58, while Libertex (Forex Club) finished with an overall rank of #61.
Alpari is one of the first brokers to offer the MetaTrader platform glopbally before it became popular. The Alpari group of companies are regulated only in a few jurisdictions, putting the broker at a disadvantage compared to the most trusted brokers.
| Feature |
Alpari
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Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 68 | 73 |
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Both Alpari and Libertex (Forex Club) do not offer the option to purchase actual delivered cryptocurrency, but both provide the ability to invest in cryptocurrency derivatives.
When comparing online brokers Alpari and Libertex (Forex Club) for depositing or withdrawing funds, Alpari supports Skrill, Visa, Mastercard, and bank wires but not ACH, SEPA, or PayPal, while Libertex offers ACH, SEPA, PayPal, Skrill, and bank wires, yet lacks support for Visa and Mastercard.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Alpari | Libertex (Forex Club) | |
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| Trust Score | 68 | 73 | |
| Winner | check_circle | ||
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| Broker Screenshots | Alpari | Libertex (Forex Club) | |
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| Regulation | Alpari | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 68 | 73 | |
| Year Founded | 1998 | 1997 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 0 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | Alpari | Libertex (Forex Club) | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | Alpari | Libertex (Forex Club) | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Alpari | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 105 | 300 | |
| Forex Pairs (Total) | 46 | 51 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Alpari | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Alpari | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $20 | $10 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | Alpari | Libertex (Forex Club) | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Alpari | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 15 | |
| Charting - Drawing Tools (Total) | 15 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Alpari | Libertex (Forex Club) | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Alpari | Libertex (Forex Club) | |
|---|---|---|---|
| Daily Market Commentary | No | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Alpari | Libertex (Forex Club) | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Alpari | Libertex (Forex Club) | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
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| Trust Score | 68 | 73 | |
| Winner | check_circle | ||
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