Written by ForexBrokers.com
In this head to head comparison of Axi 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.
Axi and Libertex (Forex Club) are both seasoned players in the online brokerage landscape, with Axi being established in 2007 and Libertex (Forex Club) starting its journey back in 1997. Neither of these brokers is publicly traded nor operates as a bank, a common trait in the industry that focuses on investment services rather than banking. Axi holds a better trust rating at 82 and is categorized as trusted by ForexBrokers.com, while Libertex (Forex Club) sits at a rating of 73, indicating an average risk.
In terms of regulatory licenses, Axi shows a stronger regulatory standing by holding 2 Tier-1 licenses, recognized for high trust, along with 1 Tier-2 license, considered trusted. In comparison, Libertex (Forex Club) holds 1 Tier-1 license and lacks any Tier-2 licenses, which could influence investors prioritizing security and control. This regulatory distinction underscores Axi's commitment to maintaining a trustworthy and secure trading environment for its clients.
| Feature |
Axi
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2007 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When it comes to commissions and fees, Axi holds a solid reputation with a 4-star rating, standing at the 43rd spot out of 63 brokers according to ForexBrokers.com. Although specific average spread data isn't available, Axi is known for offering competitive rates, which contributes to its favorable ranking and positive user feedback.
On the other hand, Libertex (Forex Club) receives a moderate 3-star rating for its commissions and fees, placing it lower in the rankings at the 62nd position out of 63 brokers. While detailed spread data isn't available to offer further insight, it’s clear that Libertex's fee structure leads to a less competitive placement when compared to other brokers, including Axi.
Overall, users considering these two brokers should note Axi's higher acclaim in the fees department. Libertex may need to enhance its offering to climb the ranks and improve user satisfaction regarding its cost structure.
| Feature |
Axi
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $0 | $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.
When comparing Axi and Libertex (Forex Club) for their range of investments, both brokers offer forex trading as CFDs or spot contracts. Axi provides a total of 175 tradable symbols and 65 forex pairs, whereas Libertex offers 300 tradable symbols with 51 forex pairs, showcasing a broader selection of overall tradable options. However, neither platform allows clients to buy exchange-traded securities on U.S. or international exchanges, such as Apple or Vodafone shares. Moreover, both brokers facilitate copy trading but do not offer the purchase of actual cryptocurrencies, although they do provide the ability to trade cryptocurrency derivatives.
In terms of ratings, Axi and Libertex (Forex Club) both score 3.5 stars out of five for their range of investments. Although the platforms are similarly rated, ForexBrokers.com ranks them differently, with Axi positioned at #56 and Libertex slightly ahead at #53 out of 63 brokers in the Range of Investments category. This ranking suggests marginally more investment variety with Libertex, although both platforms are quite comparable across their offerings.
| Feature |
Axi
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 175 | 300 |
| Forex Pairs (Total) | 65 | 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 comparing Axi and Libertex (Forex Club) for their trading platforms and tools, both brokers offer free virtual demo accounts, allowing traders to practice with simulated trading. Axi does not have its own proprietary platform, instead relying on popular platforms like MetaTrader 4 (MT4) and a Windows-based desktop platform, as well as a web-based option. Libertex stands out with its own proprietary platform, also offering MT4, along with both Windows-based and web-based trading. Both platforms support copy trading, though Axi extends its capabilities with the addition of ZuluTrade, which isn't available on Libertex.
When it comes to charting, Axi provides 15 drawing tools, while Libertex offers a wider selection with 30 tools. Both brokers allow trading directly from stock charts and provide watch lists with up to seven fields. In terms of user ratings, Axi receives 3.5 stars out of five for its trading platforms and tools, whereas Libertex enjoys a slightly higher rating at 4 stars. According to ForexBrokers.com, Axi ranks 63rd, while Libertex is positioned at 50th out of 63 brokers, reflecting a more favorable perception of Libertex among users.
| Feature |
Axi
|
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) | No | No |
| DupliTrade | No | No |
| ZuluTrade | Yes | 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.
Axi and Libertex (Forex Club) both offer iPhone and Android apps for mobile trading, catering to a wide array of digital device users. Both platforms provide stock and forex price alerts, allowing traders to stay updated on market changes. Additionally, Axi and Libertex enable users to draw trendlines and view various time frames on charts, with each app offering 30 technical studies for thorough analysis. However, when it comes to watchlist synchronization, only Libertex allows changes in the mobile app to sync with the client's online account.
In terms of ratings, Libertex holds a slight edge with a 4-star rating compared to Axi’s 3.5 stars. Reflecting this difference, ForexBrokers.com ranks Libertex at #49 out of 63 brokers for mobile trading apps, showcasing its competitive position. Axi, on the other hand, is ranked at #59, showing there's room for improvement. It's also worth noting that neither app saves chart drawings automatically, which may be a consideration for users looking for seamless usability. Overall, while both apps provide essential trading features, Libertex comes ahead in both user satisfaction and market ranking.
| Feature |
Axi
|
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 comparing the market research offerings of Axi and Libertex, both brokers supply forex news sourced from top-tier providers like Bloomberg and Reuters, ensuring traders access reliable and timely information. However, Axi edges ahead by incorporating Autochartist tools for technical analysis, which Libertex does not provide. Additionally, Axi offers a sentiment-based trading tool that reveals the positioning of long or short trades across various instruments, a feature absent in the Libertex platform. Both platforms, however, share some common aspects, such as not providing market commentary, Trading Central tools, TipRanks research, or Acuity Trading tools.
Despite these differences in features, both Axi and Libertex include economic calendars for tracking global news events, providing a helpful resource for traders. This parity is reflected in their identical 3-star ratings for research. Still, Axi manages a slightly better ranking at 55th among 63 brokers, while Libertex sits at 61st, indicating a marginally stronger research proposition from Axi in the wider market landscape.
| Feature |
Axi
|
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 | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available for beginners between Axi and Libertex (Forex Club), both platforms provide a solid foundation for getting started with forex or CFDs. Axi and Libertex each offer over ten educational pieces, including articles, videos, and archived webinars focused on forex and CFDs. However, Axi takes a step further by hosting monthly educational webinars, giving users regular opportunities to learn live from experts—a feature not available with Libertex. For those who prefer video learning, Axi provides a wide selection specifically tailored for beginners, while Libertex does not offer the same level of beginner-focused educational videos.
Both platforms support traders with varied tools, but Axi provides a comprehensive investor dictionary with over 50 investing terms, a resource not available with Libertex. While Axi might not offer many advanced educational videos for seasoned traders, it seems more attuned to beginners' needs, which is reflected in its higher rank in the Education category by ForexBrokers.com, coming in at #27 out of 63 brokers. On the other hand, despite offering advanced educational videos for experienced traders, Libertex is ranked lower at #57 in the same category. Both platforms are rated three stars for education, indicating room for improvement but still providing valuable resources for novice traders.
| Feature |
Axi
|
Libertex (Forex Club)
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | 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 Axi is better than Libertex (Forex Club). Axi finished with an overall rank of #49, while Libertex (Forex Club) finished with an overall rank of #61.
Axi, previously known as AxiTrader, is an evolving brand regulated in Australia, the UK, and the UAE. With just the MetaTrader platform available and a limited range of investment products, Axi lags behind the best multi-asset brokers.
| Feature |
Axi
|
Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 82 | 73 |
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Both Axi and Libertex (Forex Club) do not provide the option to buy actual (delivered) cryptocurrencies, however, they both offer opportunities to invest in cryptocurrency derivatives.
When comparing online brokers Axi and Libertex (Forex Club), Axi does not support ACH, SEPA, or PayPal for fund transfers but offers Skrill, Visa/Mastercard, and bank wires, whereas Libertex (Forex Club) supports ACH, SEPA, and PayPal but does not offer Visa/Mastercard, while both brokers allow Skrill and bank wires for deposits and withdrawals.
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 | Axi | Libertex (Forex Club) | |
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| Trust Score | 82 | 73 | |
| Winner | check_circle | ||
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| Broker Screenshots | Axi | Libertex (Forex Club) | |
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| Regulation | Axi | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 82 | 73 | |
| Year Founded | 2007 | 1997 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | Axi | Libertex (Forex Club) | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | 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) | Yes | 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) | Axi | Libertex (Forex Club) | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Axi | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 175 | 300 | |
| Forex Pairs (Total) | 65 | 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 | Axi | 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 | Axi | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $0 | $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 | Axi | 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) | No | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | Yes | No |
| Trading Tools | Axi | 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 | Axi | 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 | No | Yes |
| Research | Axi | 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 | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Axi | Libertex (Forex Club) | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | 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 | Axi | 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 |
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| Trust Score | 82 | 73 | |
| Winner | check_circle | ||
| Review |
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