Written by ForexBrokers.com
In this head to head comparison of BDSwiss 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.
Founded in 2012, BDSwiss and Libertex (Forex Club), which has been around since 1997, are both online brokers that feature prominently in the forex trading landscape. Neither is publicly traded nor operates as a bank, yet each broker has secured one Tier-1 license, indicating a level of high trust from regulatory authorities. The ForexBrokers.com Trust Score shows both BDSwiss and Libertex (Forex Club) with a rating of 73 out of 99, placing them in the average risk category. In terms of regulatory standing, they are fairly even, as neither holds any Tier-2 licenses, which reflects their trusted status.
Given this regulatory framework, both brokers provide a similar level of transparency and security for their users, making them comparable options for traders looking for established platforms with reasonable credibility. While their non-exchange trading status and banking independence exist, the lone Tier-1 license each broker holds provides a significant nod to their reliability in a complex financial environment.
| Feature |
BDSwiss
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2012 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
When examining commissions and fees, BDSwiss offers a variety of accounts catering to different trader needs. While BDSwiss provides good order execution, its spreads are on the higher side compared to industry leaders. The Classic account comes with a spread of 1.5 pips on EUR/USD, which is considered costly. Meanwhile, the Raw account offers a better rate of 0.3 pips with a $5 commission per side, resulting in a total effective spread of 1.3 pips. The VIP account further enhances the offer with a spread of 1.2 pips. Overall, BDSwiss earns a commendable 4-star rating for its commissions and fees and is ranked 30th out of 63 brokers by ForexBrokers.com.
In contrast, Libertex (Forex Club) provides a different approach to its fee structure, though specific average spread data is unavailable. This lack of transparency may be a consideration for traders trying to assess the cost-effectiveness of their trades. With a 3-star rating, Libertex is behind BDSwiss in competitive offerings for commissions and fees. It is currently ranked 62nd out of 63 brokers in this category by ForexBrokers.com.
| Feature |
BDSwiss
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $10-$5000 | $10 |
| Average Spread EUR/USD - Standard | 1.6 | N/A |
| All-in Cost EUR/USD - Active | 1.3 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | 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 BDSwiss and Libertex (Forex Club) in terms of available investments, both platforms provide access to forex trading using CFDs, allowing traders to engage in foreign exchange without owning the underlying assets. BDSwiss offers a considerable selection with 1,081 tradeable symbols, surpassing Libertex, which provides 300 symbols. For those interested in forex pairs, BDSwiss holds a slight edge with 53 pairs available compared to Libertex's 51 pairs. Neither broker offers trading of exchange-traded securities on U.S. or international exchanges, indicating a focus on leveraged products over traditional stock trading.
Both BDSwiss and Libertex facilitate copy trading, where users can mimic the trades of experienced investors, appealing to those looking for guided trading strategies. In the realm of cryptocurrency, while neither broker allows the purchase of actual cryptocurrencies, both offer derivative products for crypto trading. Evaluating their range of investments, BDSwiss earns a rating of 4 stars, ranking at #34 among 63 brokers on ForexBrokers.com. Libertex follows with a 3.5-star rating and holds the #53 spot, suggesting that BDSwiss provides a slightly broader selection for diverse trading needs.
| Feature |
BDSwiss
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1081 | 300 |
| Forex Pairs (Total) | 53 | 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 BDSwiss and Libertex (Forex Club) in terms of their trading platforms and tools, both brokers offer users a comprehensive suite of features. Each provides a free virtual demo account and its own proprietary platform, allowing traders to experience their services risk-free. Both brokers also support Windows-based desktop platforms as well as web-based trading through a browser, providing flexibility in how traders can access the markets. Additionally, both BDSwiss and Libertex offer MetaTrader 4 (MT4) and support for copy trading. However, only BDSwiss goes a step further by offering MetaTrader 5 (MT5), giving traders access to a broader range of features and tools.
Charting tools differ between the two, with BDSwiss offering 15 drawing tools and Libertex providing 30. Both brokers allow users to trade directly from the chart and offer watch lists with seven configurable columns. Rated four out of five stars for their trading platforms and tools, BDSwiss and Libertex deliver solid features for online traders. However, ForexBrokers.com ranks BDSwiss higher, placing it at #24 out of 63 brokers, compared to Libertex's #50 ranking. This suggests that while both brokers perform well, BDSwiss is perceived to offer a slightly more favorable experience in this category.
| Feature |
BDSwiss
|
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.
BDSwiss and Libertex (Forex Club) both provide mobile apps for iPhone and Android users, ensuring that traders have accessible platforms no matter their device. Both apps support essential features like stock and forex price alerts, technical studies, and the ability to draw trendlines and view multiple time frames on charts. Each app also allows users to create watchlists with real-time quotes, aiding in quick and informed decision-making.
Despite offering many similar features, a few differences set BDSwiss and Libertex apart. Libertex offers watchlist symbol syncing, providing seamless integration between mobile and online accounts, whereas BDSwiss lacks this capability. On the other hand, BDSwiss auto-saves chart drawings, a feature absent in the Libertex app. Both platforms are rated four out of five stars for their mobile trading apps. However, BDSwiss ranks higher, positioned at #24 out of 63 brokers by ForexBrokers.com, compared to Libertex’s ranking of #49.
| Feature |
BDSwiss
|
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 | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research offerings, BDSwiss and Libertex (Forex Club) present distinct features that cater to different trader preferences. BDSwiss provides daily market commentary, which is beneficial for traders seeking regular insights. However, it does not supply forex news from major sources like Bloomberg or Reuters, a service that Libertex does offer. BDSwiss is equipped with technical analysis tools from well-known providers like Autochartist and Trading Central, giving traders access to essential research resources. In contrast, Libertex does not include tools from these providers.
An essential tool for many traders, the economic calendar is available with both BDSwiss and Libertex, helping keep track of crucial global news events. Despite this, their ratings reflect differences in research capabilities, with BDSwiss earning a 4-star rating compared to Libertex's 3-star rating. This disparity is further highlighted in rankings among 63 brokers on ForexBrokers.com, where BDSwiss is positioned significantly higher at #24, while Libertex is placed at #61. These evaluations indicate that BDSwiss might be more appealing to traders seeking comprehensive technical analysis tools and regular commentary, while Libertex may cater to those who prefer integrating forex news from top-tier sources into their strategy.
| Feature |
BDSwiss
|
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 | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For those stepping into the world of online trading, BDSwiss and Libertex (Forex Club) both offer educational resources tailored to beginners. BDSwiss shines in this area by providing over ten educational pieces focused on forex or CFDs, including articles, videos, and a comprehensive webinar archive. They go a step further by hosting monthly webinars to keep learners engaged and informed, along with offering a sizable collection of beginner videos specifically designed for new traders. Their understanding of complex trading concepts is also apparent through an investor dictionary featuring over 50 terms, making the learning curve smoother for beginners. With an impressive 4-star rating for education, BDSwiss ranks #19 in this category, showing commitment to trader education.
Libertex (Forex Club), while also offering more than ten educational materials on forex and CFDs, doesn't match the breadth of resources BDSwiss provides for newcomers. They lack regular monthly webinars and do not offer a searchable archive of past sessions, which could be a limitation for learners who prefer interactive and on-demand options. Libertex also falls short in beginner-focused educational videos and does not have an investor dictionary, placing at #57 within the education rankings. With a 3-star educational rating, they cover fewer bases for people just starting out compared to BDSwiss.
| Feature |
BDSwiss
|
Libertex (Forex Club)
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | 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 BDSwiss is better than Libertex (Forex Club). BDSwiss finished with an overall rank of #36, while Libertex (Forex Club) finished with an overall rank of #61.
The BDSwiss brand caters to over 1.6 million registered forex and CFD traders, and offers the full MetaTrader platform suite alongside its own proprietary mobile app. BDSwiss demonstrates good order execution statistics and provides access to over 1,000 tradable symbols – though its spreads are higher than industry leaders.
| Feature |
BDSwiss
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Libertex (Forex Club)
|
|---|---|---|
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| Trust Score | 73 | 73 |
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Both BDSwiss and Libertex (Forex Club) do not offer the option to buy actual delivered cryptocurrency, but they both provide the ability to purchase cryptocurrency derivatives.
While both BDSwiss and Libertex (Forex Club) accommodate ACH, SEPA, Skrill, and bank wire transactions for depositing or withdrawing funds, only Libertex supports PayPal, whereas BDSwiss uniquely enables Visa and Mastercard payments.
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 | BDSwiss | Libertex (Forex Club) | |
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| Trust Score | 73 | 73 | |
| Winner | check_circle | ||
| Review | BDSwiss Review |
| Broker Screenshots | BDSwiss | Libertex (Forex Club) | |
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| Regulation | BDSwiss | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 73 | 73 | |
| Year Founded | 2012 | 1997 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | BDSwiss | 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) | 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) | BDSwiss | 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 | BDSwiss | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1081 | 300 | |
| Forex Pairs (Total) | 53 | 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 | BDSwiss | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.6 | N/A | |
| All-in Cost EUR/USD - Active | 1.3 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | No | Yes |
| Funding | BDSwiss | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $10-$5000 | $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 | Yes | Yes |
| Trading Platforms | BDSwiss | 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 | BDSwiss | 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 | BDSwiss | 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 | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | BDSwiss | Libertex (Forex Club) | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | BDSwiss | Libertex (Forex Club) | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | BDSwiss | 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 | BDSwiss Review |
| Overall | BDSwiss | Libertex (Forex Club) | |
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| Trust Score | 73 | 73 | |
| Winner | check_circle | ||
| Review | BDSwiss Review |
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