Written by ForexBrokers.com
In this head to head comparison of BlackBull Markets 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.
BlackBull Markets and Libertex (Forex Club) are both reputable online Forex brokers, though they differ in some key areas. BlackBull Markets was established in 2014, while Libertex has been operating since 1997. Neither broker is publicly traded or operates as a bank. In terms of regulatory compliance, both companies hold one Tier-1 license each, which is highly trusted by ForexBrokers.com. However, neither holds any Tier-2 licenses. The ForexBrokers.com Trust Score assigns BlackBull Markets a score of 78, indicating an average risk, while Libertex scores slightly lower at 73, also putting it in the average risk category.
When considering trust and reliability, BlackBull Markets may have a slight edge due to its marginally higher Trust Score. While both brokers are well-regulated, their scores suggest they are seen as posing average risk, according to ForexBrokers.com ratings. For prospective investors and traders, these ratings can be a helpful guide in determining the level of trust to place in these brokers.
| Feature |
BlackBull Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2014 | 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 | 1 | 0 |
BlackBull Markets offers pricing that varies by account type. The commission-free Standard account has no minimum deposit but comes with wider spreads. The Prime account requires a $2,000 minimum, adds a $3 per side ($6 round turn) commission, and delivered an average EUR/USD spread of 0.16 in March 2024 for an all-in cost of about 0.76 pips. For higher balances, the ECN Institutional account (minimum $20,000) reduces commissions to $2 per side ($4 round turn). BlackBull Markets is rated 4.5/5 stars for commissions and fees and ranks #19 out of 63 brokers at ForexBrokers.com.
For Libertex (Forex Club), average spread data isn’t available, which makes direct price comparisons harder. Based on our ratings, Libertex earns 3/5 stars for commissions and fees and ranks #63 out of 63 brokers at ForexBrokers.com.
Bottom line: if tight spreads plus a clear commission schedule matter to you, BlackBull Markets’ Prime or ECN Institutional accounts can offer better all-in costs than a commission-free model with wider spreads. Libertex’s lack of published average spreads and lower ranking suggest its pricing may be less competitive among the brokers reviewed. Always match the account type to your trade size, frequency, and minimum deposit comfort.
| Feature |
BlackBull Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $0 | $10 |
| Average Spread EUR/USD - Standard | 0.71 | N/A |
| All-in Cost EUR/USD - Active | 0.71 | N/A |
| Active Trader or VIP Discounts [DELETED] | ||
| Non-wire bank transfer | No | Yes |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) [DELETED] | ||
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
BlackBull Markets delivers a far wider range of investments than Libertex (Forex Club). BlackBull lists about 26,000 tradeable symbols and 72 forex pairs, compared with Libertex’s roughly 300 symbols and 51 pairs. Both brokers support forex trading through CFDs and spot contracts. For stock investing, BlackBull offers exchange-traded shares on U.S. and international exchanges, while Libertex does not.
Both platforms include copy trading. Neither lets you buy actual cryptocurrencies, but each offers cryptocurrency derivatives. Reflecting this breadth, ForexBrokers.com rates BlackBull Markets 5 out of 5 stars for Range of Investments and ranks it #6 of 63 brokers, while Libertex (Forex Club) holds a 3.5-star rating and ranks #54.
| Feature |
BlackBull Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 26000 | 300 |
| Forex Pairs (Total) | 72 | 51 |
| U.S. Stock Trading (Non CFD) | Yes | 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.
BlackBull Markets and Libertex (Forex Club) both offer free demo accounts for paper trading, plus web and Windows desktop platforms. Both support MetaTrader 4 (MT4) and let you place trades directly from a chart. The key difference is platform choice: Libertex also provides its own proprietary platform, while BlackBull Markets uses third-party options. If you want MetaTrader 5 (MT5), only BlackBull supports it.
Copy trading is available at both brokers. For Trading Platforms & Tools, each earns 4 out of 5 stars, yet ForexBrokers.com ranks them differently: BlackBull Markets is #31 out of 63 brokers, while Libertex is #51. In short, pick BlackBull if MT5 and a MetaTrader-focused setup matter to you; choose Libertex if you prefer having a proprietary platform alongside MT4.
| Feature |
BlackBull Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading 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 [DELETED] | ||
| ZuluTrade [DELETED] | ||
| Charting - Indicators / Studies (Total) | 109 | 15 |
| Charting - Drawing Tools (Total) [DELETED] | ||
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields [DELETED] |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Comparing the mobile trading apps from BlackBull Markets and Libertex (Forex Club), both brokers offer iPhone and Android apps with price alerts, watchlists that sync with your online account, and real-time quotes. For charting, each app includes 30 technical studies and lets you draw trendlines. The source did not specify whether either app supports switching between multiple time frames (such as daily, weekly, or intraday).
Key differences are small but meaningful: BlackBull’s app auto-saves your chart drawings, while Libertex’s does not. Both apps earned 4 out of 5 stars, yet BlackBull ranks higher in the Mobile Trading Apps category (#33 of 63) compared to Libertex (#50 of 63). If keeping your chart annotations saved matters to you—or you want an app with a stronger category ranking—BlackBull Markets may have the edge; otherwise, both deliver similar core mobile features.
| Feature |
BlackBull Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | ||
| Mobile Charting - Trendlines Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
For market research, BlackBull Markets and Libertex (Forex Club) take different paths. BlackBull offers daily market commentary, Autochartist tools for technical analysis, a sentiment tool showing long/short ratios, and an economic calendar. Libertex skips daily commentary but delivers forex news from major outlets like Bloomberg or Reuters and also includes an economic calendar. Neither broker provides Trading Central. BlackBull does not offer TipRanks or Acuity Trading; Libertex’s access to TipRanks or Acuity isn’t specified.
In independent ratings from ForexBrokers.com, BlackBull Markets scores 4 out of 5 stars for Research and ranks #18 out of 63 brokers, while Libertex earns 3 stars and ranks #62. If you want frequent in-house insights, trader sentiment, and Autochartist, BlackBull Markets is the stronger pick. If headline news from top-tier providers matters most, Libertex has the edge.
| Feature |
BlackBull Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Client sentiment data | Yes | No |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginner forex and CFD traders comparing education from BlackBull Markets and Libertex (Forex Club): BlackBull runs monthly client webinars, while Libertex does not. A searchable archive of past webinars is not specified for either broker. BlackBull also offers at least 10 beginner trading videos, giving newcomers more structured basics, while Libertex does not meet that beginner video threshold. Both brokers do provide at least 10 advanced educational videos for experienced traders. Whether each broker has a general library of 10+ forex/CFD education pieces or an investor dictionary with 50+ terms is not specified in the details provided.
In education ratings, BlackBull earns 4 stars and ranks #29 out of 63 brokers, while Libertex holds 3 stars and ranks #58. If you want beginner-friendly education with regular webinars and a larger set of entry-level videos, BlackBull Markets is the stronger choice; if you only need advanced video content, both brokers can serve that need. Check the latest webinar schedule and video library before you decide.
| Feature |
BlackBull Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Education (Forex or CFDs) | ||
| Webinars | Yes | No |
| Client Webinars (Archived) [DELETED] | ||
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) [DELETED] |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that BlackBull Markets is better than Libertex (Forex Club). BlackBull Markets finished with an overall rank of #24, while Libertex (Forex Club) finished with an overall rank of #61.
BlackBull Markets is a plain-vanilla MetaTrader broker with a growing range of products and support for a handful of third-party social copy trading platforms.
| Feature |
BlackBull Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 78 | 73 |
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Both BlackBull Markets and Libertex (Forex Club) do not offer the ability to buy actual delivered cryptocurrencies, but they both provide options to trade cryptocurrency derivatives instead.
Comparing deposit and withdrawal funding options, Libertex (Forex Club) supports ACH/SEPA and PayPal plus Skrill and bank wire transfers, whereas BlackBull Markets lacks ACH/SEPA and PayPal but provides Skrill and bank wire transfers; Visa/Mastercard availability is not specified for either.
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 | BlackBull Markets | Libertex (Forex Club) | |
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| Trust Score | 78 | 73 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review |
| Broker Screenshots | BlackBull Markets | Libertex (Forex Club) | |
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| Regulation | BlackBull Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 78 | 73 | |
| Year Founded | 2014 | 1997 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | BlackBull Markets | 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) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | BlackBull Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | BlackBull Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 26000 | 300 | |
| Forex Pairs (Total) | 72 | 51 | |
| U.S. Stock Trading (Non CFD) | Yes | 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 | BlackBull Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.71 | N/A | |
| All-in Cost EUR/USD - Active | 0.71 | N/A | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | BlackBull Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $0 | $10 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | Yes |
| Trading Platforms | BlackBull Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Proprietary Desktop Trading 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 | Yes | No |
| Trading Tools | BlackBull Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 109 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | BlackBull Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | BlackBull Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | ||
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | BlackBull Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | BlackBull Markets | 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 | BlackBull Markets Review |
| Overall | BlackBull Markets | Libertex (Forex Club) | |
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| Trust Score | 78 | 73 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review |
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