Written by ForexBrokers.com
In this head to head comparison of ATFX 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.
ATFX, founded in 2017, and Libertex (Forex Club), founded in 1997, both operate as non-publicly traded online brokers, without banking operations. When it comes to regulatory credibility, ATFX stands out with four Tier-1 licenses and two Tier-2 licenses, showcasing a broad compliance spectrum. Libertex, on the other hand, holds one Tier-1 license and does not possess any Tier-2 licenses. Such distinctions highlight ATFX's stronger alignment with top regulatory authorities in comparison to Libertex.
Evaluating their trustworthiness from ForexBrokers.com Trust Score ratings, ATFX achieves a score of 85, placing them within the "trusted" category. Libertex scores a 73, considered to be of average risk. This comparative analysis indicates ATFX’s higher regulatory standing and trust level, making it a more secure choice for potential investors compared to Libertex.
| Feature |
ATFX
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2017 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When it comes to comparing ATFX and Libertex (Forex Club) on commissions and fees, both brokers offer distinct experiences. While specific average spread data for ATFX is unavailable, the broker earns a rating of 3 out of 5 stars in this category. In the competing field of 63 brokers ranked by ForexBrokers.com, ATFX stands at number 60 for commissions and fees. This placement offers insight into how it might fit into the landscape of brokerage costs for typical users.
On the other hand, Libertex (Forex Club) matches ATFX with a 3-star rating for its commissions and fees offering, though it ranks slightly lower, coming in at number 62 out of 63 brokers. Like ATFX, detailed average spread information for Libertex is not readily available, making it essential for potential clients to dive deeper into fee structures and potential hidden costs to fully understand how it influences their trading expenses.
Both brokers, ATFX and Libertex, share similar ratings in commissions and fees, suggesting a level playing field for prospective users. However, their close yet different rankings might subtly highlight variations in fee structures and charges. Prospective traders should consider these rankings and ratings from ForexBrokers.com, alongside their personal trading needs, to ensure the best brokerage fit.
| Feature |
ATFX
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $500 | $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 | No | 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.
ATFX and Libertex (Forex Club) both cater to forex traders by offering forex trading as either a CFD or a spot contract, providing flexibility in how you approach currency markets. ATFX offers 150 tradeable symbols and covers 44 forex pairs, while Libertex expands its range with 300 tradeable symbols, including 51 forex pairs. Neither broker allows you to buy actual shares on U.S. or international exchanges like Apple or Vodafone, emphasizing their focus on CFD and derivatives markets.
Both brokers support copy trading, allowing clients to replicate the strategies of successful traders. When it comes to cryptocurrency, they offer the chance to trade cryptocurrency derivatives instead of buying the actual coins. In terms of range of investments, both ATFX and Libertex share a 3.5-star rating; however, Libertex holds a slight edge at #53 compared to ATFX at #57 in the rankings by ForexBrokers.com. This makes each platform a viable option depending on your specific trading needs and preferences.
| Feature |
ATFX
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 150 | 300 |
| Forex Pairs (Total) | 44 | 51 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | 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.
When it comes to trading platforms and tools, ATFX and Libertex (Forex Club) both cater to traders with distinctive offerings. Both brokers provide simulated trading with free virtual demo accounts, ensuring traders can practice and hone their strategies risk-free. While ATFX does not offer a proprietary platform, Libertex distinguishes itself with a platform developed in-house. Both brokers ensure accessibility with Windows-based desktop and web-based trading platforms. MetaTrader fans will be pleased to know that both ATFX and Libertex support MT4; however, ATFX also provides access to the upgraded MT5, giving its users an edge in terms of advanced trading features.
Charting capabilities at ATFX include 15 drawing tools, while Libertex stands out with 30 options, catering to those who appreciate detailed analysis. Both brokers allow trading directly from stock charts, facilitating seamless transitions from analysis to action. For watch lists, both brokers equip traders with seven customizable columns. Moreover, if social trading is on your agenda, both brokers offer copy trading but do not extend solutions like DupliTrade or ZuluTrade. In terms of user ratings, Libertex outshines ATFX with a four-star rating compared to a 3.5-star rating for ATFX. Notably, in the Trading Platforms and Tools category by ForexBrokers.com, Libertex ranks #50 out of 63 brokers, whereas ATFX finds itself at #62.
| Feature |
ATFX
|
Libertex (Forex Club)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | 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.
When comparing the mobile trading apps of ATFX and Libertex (Forex Club), both platforms are available on iPhone and Android, providing accessibility regardless of your device preference. Both apps offer stock or forex price alerts, and you can easily draw trendlines or view multiple time frames on charts. However, differences emerge in watchlist management and technical studies. Libertex (Forex Club) shines in this regard, offering watchlist syncing across devices and 30 technical studies for its charting tools, compared to ATFX's non-syncing watchlists and seven technical studies.
For traders who value seamless integration and a comprehensive suite of charting tools, Libertex (Forex Club) stands out. While both apps support real-time watchlists, ATFX's app does have the advantage of auto-saving charting drawings, which might be a plus for those looking to maintain chart annotations. In terms of overall user ratings, ATFX scores a 3.5-star rating, placing it at the lower rank of #63 according to ForexBrokers.com, while Libertex (Forex Club) boasts a 4-star rating, securing the #49 spot. This evaluation suggests that Libertex may offer a more satisfying user experience for mobile traders.
| Feature |
ATFX
|
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 | 7 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, both ATFX and Libertex (Forex Club) offer unique tools to enhance your trading experience. ATFX provides daily market commentary, ensuring you stay updated with day-to-day changes, while Libertex does not offer this feature. For news from top-tier sources like Bloomberg and Reuters, Libertex is your go-to as they provide such updates—but ATFX does not offer this service. If technical analysis tools are crucial for your trading, ATFX offers excellent options from companies like Autochartist and Trading Central. Libertex, on the other hand, does not offer these specific tools. However, both brokers do provide an economic calendar, helping traders keep track of significant global events that might impact financial markets.
In terms of overall research ratings, both ATFX and Libertex are on par, each earning a respectable 3 out of 5 stars. However, when ranked by ForexBrokers.com, ATFX holds a slightly higher position at number 54 compared to Libertex's rank at 61 among 63 brokers, indicating a minor edge in terms of overall research performance between the two. Neither broker offers a sentiment-based trading tool, making their feature sets distinct yet comparable based on other offered tools and resources.
| Feature |
ATFX
|
Libertex (Forex Club)
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | ||
| Signal Centre (Acuity Trading) | ||
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing ATFX and Libertex for their educational offerings for forex and CFD beginners, both platforms provide a wide array of resources, including over 10 educational pieces such as articles and videos. However, ATFX stands out with an impressive archive of recorded client webinars, making it easier for beginners to catch up on past topics at their convenience. Additionally, ATFX offers more beginner-focused videos, specifically designed to help novice traders understand core concepts. In contrast, while Libertex may not have as many beginner videos, it does offer advanced educational content for experienced users seeking to enhance their trading skills further.
Furthermore, ATFX provides an in-depth investor dictionary with definitions for over 50 trading terms, which could be a valuable tool for newcomers trying to navigate the jargon of forex and CFDs. Although both ATFX and Libertex earn a 3-star rating for education, ATFX is ranked higher at #28 compared to Libertex's #57 ranking among 63 brokers by ForexBrokers.com. This suggests ATFX may offer slightly more comprehensive educational support for beginners eager to delve into forex trading. However, individual preferences may vary, and exploring both platforms could be beneficial.
| Feature |
ATFX
|
Libertex (Forex Club)
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | 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 ATFX is better than Libertex (Forex Club). ATFX finished with an overall rank of #51, while Libertex (Forex Club) finished with an overall rank of #61.
ATFX primarily offers the MetaTrader platform suite from its regulated brands in the EU via Cyprus, and the UK, as well as its offshore entity in Mauritius. ATFX has made progress although still trails behind the best brokers when it comes to the range of investment products it offers and the available trading platforms.
| Feature |
ATFX
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Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 85 | 73 |
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Both ATFX and Libertex (Forex Club) do not provide options for purchasing actual cryptocurrencies, but they both offer the ability to trade cryptocurrency derivatives.
In comparing online brokers ATFX and Libertex (Forex Club), ATFX supports Skrill, Visa/Mastercard, and bank wires but not ACH/SEPA or PayPal, while Libertex accommodates ACH/SEPA, PayPal, and Skrill but does not offer Visa/Mastercard, although it does enable bank wire transactions.
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 | ATFX | Libertex (Forex Club) | |
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| Trust Score | 85 | 73 | |
| Winner | check_circle | ||
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| Broker Screenshots | ATFX | Libertex (Forex Club) | |
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| Regulation | ATFX | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 85 | 73 | |
| Year Founded | 2017 | 1997 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | ATFX | Libertex (Forex Club) | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | ATFX | Libertex (Forex Club) | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | ATFX | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 150 | 300 | |
| Forex Pairs (Total) | 44 | 51 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | 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 | ATFX | 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 | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | ATFX | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $500 | $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 | ATFX | Libertex (Forex Club) | |
|---|---|---|---|
| Proprietary Platform | No | 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 | ATFX | 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 | ATFX | 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 | 7 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | ATFX | Libertex (Forex Club) | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | |||
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | ATFX | Libertex (Forex Club) | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | ATFX | 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 | |
| Review |
| Overall | ATFX | Libertex (Forex Club) | |
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| Trust Score | 85 | 73 | |
| Winner | check_circle | ||
| Review |
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