Written by ForexBrokers.com
In this head to head comparison of eToro vs Libertex, 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.
eToro and Libertex are both non-bank online brokers, but they differ a lot in age, listing status, and regulation. eToro was founded in 2007, is publicly traded, and holds 4 Tier-1 licenses plus 1 Tier-2 license, which helps explain its strong ForexBrokers.com Trust Score of 97 out of 99. By that scale, a score of 90 to 99 means the broker is considered highly trusted.
Libertex was founded earlier, in 1997, but it is not publicly traded and holds 1 Tier-1 license and 1 Tier-2 license. Its ForexBrokers.com Trust Score is 79 out of 99, which falls into the average risk range. For traders comparing regulation and trust, eToro comes out ahead thanks to its higher score and larger number of top-tier licenses.
| Feature |
eToro
|
Libertex
|
|---|---|---|
| Year Founded | 2007 | 1997 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When comparing commissions and fees, Libertex has the edge over eToro for most traders who care mainly about price. eToro is a market-maker broker with a typical EUR/USD spread of 1 pip, which is a bit above the industry average. It is better known for its social copy trading tools than for low trading costs. eToro’s commissions and fees rating is 4 out of 5 stars, and it ranks #24 out of 36 brokers in the ForexBrokers.com Commissions and Fees category.
Libertex is more competitive on headline pricing, especially on EUR/USD, where the most recently published average spread was 0.3 pips. It uses a spread-plus-commission model, charging 5 euros per side on its own platform and 6 euros per side on MT4 and MT5, making the proprietary platform the cheaper choice for active forex traders. Libertex also has a low $10 minimum deposit, a 10 euro inactivity fee that only starts after six months of no activity, and free international wire transfers. Its commissions and fees rating is also 4 out of 5 stars, and it ranks #21 out of 36.
For extra cost savings, both brokers offer account tiers, but they work differently. eToro’s VIP-style eToro Club offers benefits for balances from $5,000 to $250,000, such as lower withdrawal and deposit fees and access to Trading Central. Libertex offers deposit-based discounts that can reduce trading costs by 10%, 30%, or 50% at higher balances. Overall, Libertex is the better pick for lower trading fees, while eToro is stronger if you value copy trading and social features more than tight pricing.
| Feature |
eToro
|
Libertex
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $10 |
| Average spread (EUR/USD) - Spread-only account | 1 | N/A |
| All-in Cost EUR/USD - Raw spread account | 1 | 1.3 |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing eToro vs Libertex for range of investments, eToro offers the wider choice overall. It lists 7,441 tradeable symbols compared with 1,573 at Libertex, and it also gives traders more forex pairs, with 65 versus 46. Both brokers support forex trading, copy trading, and cryptocurrency CFDs, so each provides access to popular markets in a simple format.
eToro stands out further because it lets clients buy real shares on both U.S. and international exchanges, such as Apple and Vodafone, while Libertex does not offer exchange-traded securities. eToro also supports buying actual cryptocurrency, not just crypto CFDs. These differences help explain why eToro earns 5 stars for Range of Investments and ranks #10 out of 36 brokers, while Libertex is rated 4 stars and ranks #25.
| Feature |
eToro
|
Libertex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7441 | 1573 |
| Forex Pairs (Total) | 65 | 46 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | Yes | No |
| Cryptocurrency (CFDs) | 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.
eToro and Libertex both give traders a free demo account, web-based access, copy trading, and the ability to place trades directly from a chart. That makes each platform easy to try and simple to use for beginners who want to practice before risking real money. eToro also stands out for its own in-house platform, while Libertex does not offer a proprietary platform of its own.
When it comes to platform choice, Libertex has the edge for traders who want a Windows desktop app or support for MetaTrader 4 and MetaTrader 5, which eToro does not provide. eToro scores higher overall for Trading Platforms and Tools, with 4.5 out of 5 stars and a ForexBrokers.com ranking of #8 out of 36 brokers, compared with Libertex’s 4 stars and #27 ranking. In short, eToro is stronger for an easy all-in-one experience, while Libertex may appeal more to traders who want desktop software and MetaTrader access.
| Feature |
eToro
|
Libertex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 106 | 43 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
eToro and Libertex both make it easy to trade on the go, with mobile apps available for both iPhone and Android. Each app also includes stock or forex price alerts and watchlist syncing, so your saved symbols stay linked between the mobile app and your online account. For everyday use, both platforms cover the basics well, but eToro stands out for a more feature-rich charting experience in its mobile app.
When it comes to chart tools, eToro offers 104 technical studies and lets users draw trendlines, while Libertex offers no technical studies and does not support trendline drawing in its app. Neither app auto-saves chart drawings, but eToro still earns the edge with a 4.5-star Mobile Trading Apps rating and a #10 ranking from ForexBrokers.com, compared with Libertex’s 4-star rating and #28 ranking. Overall, eToro is the stronger choice for traders who want more tools in a mobile app, while Libertex is better suited to simpler mobile trading needs.
| Feature |
eToro
|
Libertex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 104 | 0 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Trendlines Autosave | No | No |
Dive deeper: Best Forex Trading Apps.
eToro comes out ahead of Libertex for market research, thanks to features that give traders more day-to-day insight. eToro offers daily market commentary, market research from TipRanks, sentiment tools that show long and short positioning, and an economic calendar for tracking key global events. It also provides forex news from top-tier sources such as Bloomberg, Reuters, and Dow Jones. In ForexBrokers.com’s Research category, eToro is rated 4.5 out of 5 stars and ranks #12 out of 36 brokers.
Libertex also gives traders access to forex news from major sources, a sentiment tool, and an economic calendar, but it does not offer daily market commentary or TipRanks research. It does, however, include Trading Central tools, which eToro does not. Overall, Libertex is rated 4 out of 5 stars for Research and ranks #26 out of 36, placing it behind eToro for market research support.
| Feature |
eToro
|
Libertex
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | No | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | Yes | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to learning support for beginners, eToro stands out over Libertex. eToro offers forex and CFD education with at least 10 learning materials focused on these markets, along with online educational webinars each month. It also provides 10 or more beginner videos and 10 or more advanced videos, giving new traders and more experienced users a wider range of ways to build skills. This is reflected in its 4.5-star Education rating and its #3 ranking out of 36 brokers from ForexBrokers.com.
Libertex offers a more limited education section for new traders. Based on the information provided, it does not meet the same level of forex or CFD education depth as eToro, and it does not host monthly educational webinars. It also falls short on both beginner and advanced video content, though it still earns a solid 4-star Education rating. In the ForexBrokers.com Education category, Libertex is ranked #35 out of 36 brokers, making eToro the much stronger choice for beginner-friendly learning resources.
| Feature |
eToro
|
Libertex
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that eToro is better than Libertex. eToro finished with an overall rank of #9, while Libertex finished with an overall rank of #32.
eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing their own trading strategies.
| Feature |
eToro
|
Libertex
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 97 | 79 |
| Range of Investments |
|
|
| Trading Fees |
|
|
| Trading Platforms |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
When comparing online broker eToro vs Libertex, eToro stands out by offering the ability to buy both actual delivered cryptocurrency and cryptocurrency CFDs, while Libertex offers cryptocurrency CFDs only and does not provide access to buying actual cryptocurrency.
Both eToro and Libertex support ACH/SEPA transfers, PayPal, Skrill, and bank wire transfers for depositing and withdrawing funds, making them similarly flexible for online broker funding options, while neither is shown to offer Visa or 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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | eToro | Libertex | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 97 | 79 | |
| Winner | check_circle | ||
| Review | eToro Review | Libertex Review |
| Broker Screenshots | eToro | Libertex | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
| Regulation | eToro | Libertex | |
|---|---|---|---|
| Trust Score | 97 | 79 | |
| Year Founded | 2007 | 1997 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | eToro | Libertex | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | |||
| 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) | eToro | Libertex | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | eToro | Libertex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7441 | 1573 | |
| Forex Pairs (Total) | 65 | 46 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | Yes | No | |
| Cryptocurrency (CFDs) | 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 | eToro | Libertex | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | 1 | N/A | |
| All-in Cost EUR/USD - Raw spread account | 1 | 1.3 | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | eToro | Libertex | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $10 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | Yes |
| Trading Platforms | eToro | Libertex | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | eToro | Libertex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 106 | 43 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | eToro | Libertex | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 104 | 0 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Trendlines Autosave | No | No | |
| Mobile Research - Economic Calendar | No | Yes |
| Research | eToro | Libertex | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | No | Yes | |
| TipRanks | Yes | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | eToro | Libertex | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | eToro | Libertex | |
|---|---|---|---|
| EUR/USD | Yes | Yes | |
| Review | eToro Review | Libertex Review |
| Overall | eToro | Libertex | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 97 | 79 | |
| Winner | check_circle | ||
| Review | eToro Review | Libertex Review |
IG
FOREX.com
CMC Markets
XTB
eToro
Capital.com
AvaTrade
XM
Pepperstone
FP Markets
Tickmill
HFM Markets