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 online brokers BlackBull Markets and Libertex (Forex Club) regarding their commissions and fees, both offer different advantages depending on your trading needs. BlackBull Markets, rated 4.5 stars in this category, offers three account types, each with varying costs and requirements. The Prime account stands out with an average EUR/USD spread of 0.16 when accounting for a per-side commission of $3 or 0.3 pips. Yet, this account type demands a minimum deposit of $2,000. Though the Standard account features no commissions and no minimum deposit, it incurs higher spreads. BlackBull’s ECN Institutional account offers competitive rates to active traders with a significantly higher deposit threshold of $20,000.
In contrast, Libertex (Forex Club) lacks specific average spread data but requires a lower involvement in terms of financial commitment when it comes to commissions and fees, garnering a 3-star rating. However, it does fall significantly behind BlackBull Markets in terms of its rankings by ForexBrokers.com, positioned at 62 out of 63 brokers for this category. BlackBull Markets, by comparison, ranks a more commendable 18, reflecting more favorable trading terms for those who meet its account requirements.
| 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.
BlackBull Markets and Libertex (Forex Club) both provide options for forex trading through CFDs or spot contracts, catering to the needs of forex enthusiasts. When it comes to the variety of investments, BlackBull Markets stands out with an impressive 26,000 tradeable symbols, surpassing Libertex's offering of 300. Forex pair traders will find BlackBull Markets offering 72 pairs to select from, while Libertex provides access to 51 pairs. Additionally, BlackBull Markets offers the opportunity to invest in exchange-traded securities from both U.S. and international markets, unlike Libertex, which does not offer this feature. Both brokers enable investors to delve into cryptocurrency derivatives; however, neither supports the acquisition of actual cryptocurrencies.
In terms of extra trading features, both BlackBull Markets and Libertex support copy trading, appealing to those who prefer replicating the strategies of successful traders. Despite offering similar core products like forex and crypto derivatives, BlackBull Markets is highly rated with five stars for its range of investments, while Libertex holds a 3.5-star rating. According to ForexBrokers.com, BlackBull Markets is ranked 6th out of 63 brokers for investment variety, significantly ahead of Libertex, which sits at the 53rd position.
| 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.
Both BlackBull Markets and Libertex provide traders with a range of trading platforms and tools to suit different needs. BlackBull Markets stands out by offering the popular MetaTrader 4 and MetaTrader 5 platforms, along with the ability to perform copy trading through ZuluTrade. They also support trading from both desktop download and web-based platforms, ensuring convenience and flexibility. With 60 drawing tools available for charting and the ability to trade directly from charts, BlackBull Markets caters well to those who value detailed technical analysis. Additionally, the broker provides a free virtual demo account for traders to practice without risking real capital.
On the other hand, Libertex (Forex Club) provides a proprietary platform in addition to MetaTrader 4, giving traders a unique option developed in-house. While it doesn't support MetaTrader 5 or ZuluTrade, it offers a solid infrastructure for traders using Windows-based or web platforms. For users interested in charts, Libertex provides 30 drawing tools and the feature to trade directly from charts, though it's slightly less comprehensive than BlackBull in this aspect. Libertex also offers a virtual demo account, which is a beneficial feature for newcomers. Both brokers are rated four stars for their trading platforms and tools; however, BlackBull Markets is ranked higher on ForexBrokers.com, at number 29 out of 63 brokers, compared to Libertex's placement at number 50.
| 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 provide comprehensive mobile trading apps available on both iPhone and Android devices. You can receive stock or forex price alerts and have watchlists that sync across devices with both platforms. They each offer 30 technical studies for charting and allow users to draw trendlines and view multiple timeframes on charts. However, BlackBull Markets has the edge in auto-saving drawings, while Libertex does not have this feature.
For traders who like to keep an eye on real-time quotes, both apps support creating watchlists with live data. While both platforms are rated 4 out of 5 stars for their mobile apps, BlackBull Markets holds a higher rank at #31 compared to Libertex's #49 according to ForexBrokers.com. This makes BlackBull Markets a slightly more favored option when considering overall rankings and certain app features.
| 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 online brokers for market research, BlackBull Markets and Libertex (Forex Club) each provide their own unique strengths. BlackBull Markets stands out with its daily market commentary, a sentiment-based trading tool for currency pairs, and technical analysis resources through Autochartist. It also provides access to an economic calendar to keep users informed about global news events. These offerings contribute to its strong performance in research, securing a 4-star rating and an 18th ranking out of 63 brokers according to ForexBrokers.com.
On the other hand, Libertex (Forex Club) shines by offering forex news from leading sources like Bloomberg and Reuters, making it valuable for traders seeking updates from these top-tier providers. While it does provide an economic calendar similar to BlackBull Markets, it lacks tools from Autochartist and sentiment-based features. As a result, Libertex holds a 3-star rating for research, placing it at the 61st position among brokers reviewed by ForexBrokers.com. Overall, both platforms present distinct advantages depending on the trader's specific needs in market research.
| 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 evaluating the educational resources offered to beginner traders, BlackBull Markets stands out in several ways compared to Libertex (Forex Club). BlackBull Markets provides an extensive range of over ten educational pieces, such as articles and videos dedicated to forex and CFDs, alongside monthly online webinars. For those who miss the live sessions, they offer a searchable archive of past webinars, ensuring that beginners can always access valuable insights. Their video library is comprehensive, with over ten beginner-focused educational videos as well as advanced trading content, helping users of all experience levels grow their knowledge. Additionally, BlackBull Markets includes a detailed investor dictionary with over 50 essential trading terms, contributing to a well-rounded educational experience rated at four stars, placing them at #29 in ForexBrokers.com's rankings.
In comparison, Libertex (Forex Club) also offers a collection of forex and CFDs educational materials, meeting the minimum requirement of ten items. However, it falls short in providing live monthly webinars or an accessible archive for missed sessions—a key feature for many beginners. While there are advanced educational videos available for seasoned traders, the number of beginner-focused videos does not match BlackBull's offerings. Furthermore, Libertex lacks a comprehensive investor dictionary to assist newcomers with the terminology, which contributes to its three-star education rating and a #57 ranking among 63 brokers. Overall, BlackBull Markets presents a more accessible and varied educational platform for beginners looking to deepen their understanding of trading.
| 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 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.
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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