DooPrime vs Libertex (Forex Club) Comparison
Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare DooPrime vs Libertex (Forex Club).
Does DooPrime or Libertex (Forex Club) offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, DooPrime
offers better pricing overall for traders.
Is DooPrime or Libertex (Forex Club) safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. DooPrime holds 2 global Tier-1 licenses, while Libertex (Forex Club) holds 1. Libertex (Forex Club) holds 1 global Tier-2 licenses, while DooPrime holds 0. In our analysis of 23 international regulators across 50 brokers, DooPrime earned a higher Trust Score than Libertex (Forex Club).
Which trading platform is better: DooPrime or Libertex (Forex Club)?
To compare the trading platforms of both DooPrime and Libertex (Forex Club), we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, DooPrime offers a better experience. With research, DooPrime offers superior market research. Finally, we found DooPrime to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both DooPrime and Libertex (Forex Club) offer MetaTrader 4 (MT4).DooPrime and Libertex (Forex Club) both offer copy trading.
How many forex pairs and CFDs are available to trade?
DooPrime provides traders 60 currency pairs (e.g., EUR/USD) compared to Libertex (Forex Club)'s 51 available pairs. Forex pairs aside, DooPrime offers traders access to 10000 CFDs while Libertex (Forex Club) has 300 available CFDs, a difference of 9700.
Can I trust DooPrime?
DooPrime is not publicly traded and does not operate a bank. DooPrime is authorised by three tier-1 regulator (high trust), one tier-2 regulators (average trust), and two tier-3 regulators (low trust). DooPrime is authorised by the following tier-1 regulators: Securities Futures Commission (SFC), Financial Conduct Authority (FCA), and the Commodity Futures Trading Commission (CFTC)
Can I trust Libertex (Forex Club)?
Libertex (Forex Club) is not publicly traded and does not operate a bank. Libertex (Forex Club) is authorised by zero tier-1 regulators (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust). Libertex (Forex Club) is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC).
Is DooPrime good?
DooPrime is primarily a MetaTrader broker that offers both MT4 and MT5, along with several copy trading platforms and its own In Trade platform. DooPrime is regulated in the U.K., Vanuatu, and Mauritius, and provides nearly 10,000 trading symbols. It's worth noting that we could not obtain average spread data for DooPrime when evaluating trading costs.
Is Libertex (Forex Club) good?
Forex Club has long been a MetaTrader broker, though its more recent Libertex brand in Europe also offers a proprietary platform. That said, Libertex has fewer regulatory licenses than its peers, resulting in a below-average Trust Score.
Overall winner: DooPrime
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