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 |
When comparing BlackBull Markets and Libertex (Forex Club) on commissions and fees, BlackBull Markets offers a more competitive structure with variable costs depending on the account type. BlackBull’s Prime account stands out with an average spread of 0.16 on the EUR/USD and a total cost of 0.76, including a $6 commission per 10,000 units traded. This account is advantageous for traders willing to deposit a minimum of $2,000. The Standard account, with no minimum deposit, comes with zero commissions but higher spreads. For more serious traders, the ECN Institutional account requires a $20,000 deposit and offers the lowest commission rates.
On the other hand, Libertex (Forex Club) does not provide average spread data, leaving traders with less visibility on potential trading costs. This lack of transparency might be a consideration for traders looking for detailed cost information when choosing a broker. The structure and potential savings at BlackBull Markets make it a preferred choice for those focused on lower trading costs.
Reflecting their competitive pricing, BlackBull Markets receives a 4.5-star rating from ForexBrokers.com, ranking #18 out of 62 brokers in the Commissions and Fees category. Meanwhile, Libertex (Forex Club) is rated with 3 stars and positioned significantly lower at #61. This star rating and ranking highlight the strength of BlackBull Markets' offering against a less favorable fee structure at Libertex (Forex Club).
| 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 | 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 BlackBull Markets to Libertex (Forex Club) for their range of investments, BlackBull Markets stands out with a significantly larger offering. BlackBull Markets provides access to a staggering 26,000 tradeable symbols, which includes 72 forex pairs. In contrast, Libertex offers 300 tradeable symbols with 51 forex pairs. Moreover, BlackBull Markets allows investors to dive into exchange-traded securities on both U.S. and international exchanges, broadening investment possibilities with options like buying Apple or Vodafone shares directly. Meanwhile, Libertex does not offer this opportunity, focusing instead on CFDs.
Both brokers cater to cryptocurrency enthusiasts by offering derivatives, though neither supports the purchase of actual cryptocurrencies. For those interested in copy trading, both platforms provide this feature. However, BlackBull Markets earns a 5-star rating for its range of investments, ranking #6 among 62 brokers on ForexBrokers.com, while Libertex holds a 3.5-star rating and a rank of #53. This data highlights BlackBull Markets as the more diverse and expansive trading platform of the two.
| 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 traders the ability to access simulated trading through free virtual demo accounts, making it easier for beginners and experienced traders to practice strategies without financial risk. Both brokers provide Windows-based desktop, as well as web-based trading platforms, ensuring versatility for users. However, Libertex sets itself apart by offering its own proprietary platform, while BlackBull leans on popular options like MetaTrader 4 and MetaTrader 5, with the latter not available at Libertex. Copy trading enthusiasts can enjoy this feature with both brokers, but only BlackBull Markets includes the additional option of ZuluTrade.
For traders who value charting tools, BlackBull Markets boasts 60 drawing tools, doubling the options available from Libertex. Despite this difference, both platforms support trading directly from stock charts, allowing for user-friendly trading experiences. Libertex offers slightly more customization for watch lists with seven fields, compared to six from BlackBull Markets. Both brokers have earned a 4-star rating for trading platforms and tools, yet BlackBull Markets ranks higher in trading platforms and tools according to ForexBrokers.com, coming in at 29th compared to Libertex's 50th place out of 62 brokers.
| Feature |
BlackBull Markets
|
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 | Yes | No |
| Charting - Indicators / Studies (Total) | 109 | 15 |
| Charting - Drawing Tools (Total) | 60 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both BlackBull Markets and Libertex (Forex Club) offer seamless mobile trading experiences with apps available for both iPhone and Android users. Each app allows traders to receive stock and forex price alerts, ensuring they stay updated wherever they are. Traders can also maintain watchlists that sync perfectly with their online accounts, making it easy to keep track of market changes. Both apps support technical analysis with 30 technical studies each and allow users to draw trendlines and view multiple time frames such as daily, weekly, or intraday.
However, there are some differences to consider when choosing between these two platforms. BlackBull Markets stands out by auto-saving drawings on charts, a feature that Libertex lacks. Both platforms allow creating watchlists with real-time quotes, but BlackBull Markets takes a slight lead in user rankings, placed at #31 out of 62 brokers for mobile trading apps according to ForexBrokers.com, whereas Libertex is ranked at #49. Despite this, both apps are equally rated at 4 stars, making them solid options for mobile trading enthusiasts.
| Feature |
BlackBull Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | 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 comparing the market research offerings of BlackBull Markets and Libertex, a few key differences stand out. BlackBull Markets provides daily market commentary, which can be a valuable tool for traders looking to stay up-to-date with the latest market trends. On the other hand, Libertex does not offer this daily insight. While BlackBull Markets lacks forex news from top-tier sources like Bloomberg and Reuters, Libertex fills this void by providing news from such reputable outlets. Additionally, BlackBull Markets equips traders with Autochartist tools, known for their technical and fundamental analytical capabilities, whereas Libertex does not offer tools from this company.
For traders interested in sentiment analysis, BlackBull Markets offers a sentiment-based trading tool, giving users an inside look at long and short positions across different instruments – a feature that Libertex does not provide. Both platforms share some similarities, such as offering economic calendars to help track global events. However, BlackBull Markets is rated higher for research, earning a 4-star rating and ranking 18th out of 62 brokers on ForexBrokers.com. Libertex has a 3-star research rating and is positioned at 60th, highlighting BlackBull Markets as the preferred choice for those who prioritize comprehensive market research tools.
| 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 |
| 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 exploring educational resources for beginners in online trading, BlackBull Markets stands out compared to Libertex (Forex Club). Both brokers provide educational content that includes over ten pieces such as articles and videos on forex or CFDs. However, BlackBull Markets enhances the learning experience by hosting monthly educational webinars and offering a searchable archive of these recorded sessions. This feature is absent in Libertex's offerings, which might limit its appeal for those who prefer engaging in real-time educational activities or reviewing past sessions.
BlackBull Markets also steps ahead by providing at least ten beginner-friendly videos focused on essential trading topics, which can be a great starting point for novices. In contrast, Libertex lacks this targeted beginner video content. While both platforms offer advanced educational videos, BlackBull Markets further appeals to novices with an investor dictionary explaining over 50 trading terms, a tool that Libertex doesn't provide. This comprehensive approach to education contributes to BlackBull Markets’ higher education rating of four stars compared to Libertex’s three stars, with BlackBull Markets also securing a higher ranking in the education category among 62 brokers.
| Feature |
BlackBull Markets
|
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 62 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 #60.
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.
When comparing online brokers BlackBull Markets and Libertex (Forex Club) in terms of deposit and withdrawal options, BlackBull Markets supports bank wires, Visa/Mastercard, and Skrill, but does not offer ACH, SEPA, or PayPal transfers, whereas Libertex provides ACH, SEPA, PayPal, Skrill, and bank wire options, but lacks Visa/Mastercard support.
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) | No | No | |
| 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) | 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 | 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 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| 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 | |
| Visa/Mastercard (Credit/Debit) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | BlackBull Markets | 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 | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | Yes | No |
| Trading Tools | BlackBull Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 109 | 15 | |
| Charting - Drawing Tools (Total) | 60 | 30 | |
| 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 Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | 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 | 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 | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | BlackBull Markets | 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 | 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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