Written by ForexBrokers.com
In this head to head comparison of eToro 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.
eToro, founded in 2007, is a well-established online broker that is publicly traded, enhancing its transparency to traders. The company holds three Tier-1 licenses and one Tier-2 license, adding to its credibility and trustworthiness in the industry. With a Trust Score of 96 out of 99 from ForexBrokers.com, eToro stands out as a highly trusted platform among its peers. Though not a bank, eToro's regulatory backing and public trading status make it a compelling choice for many investors.
In comparison, Libertex (Forex Club), established in 1997, is not publicly traded and holds one Tier-1 license. It does not hold any Tier-2 licenses, which may raise concerns for some potential clients. With a Trust Score of 73 from ForexBrokers.com, Libertex is regarded as having an average level of risk. While not a bank, it has been in the market for a longer period, but its regulatory credentials do not reach the same level as eToro's. Investors seeking a more trusted platform might lean towards eToro for its higher trust score and more extensive regulatory coverage.
| Feature |
eToro
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2007 | 1997 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
For commissions and fees, eToro is a market-maker that lists a typical variable spread of 1 pip on the EUR/USD, which is slightly higher than the industry average. Traders often choose eToro less for tight spreads and more for its social copy trading features. In our ratings, eToro earns 4.5 out of 5 stars for commissions and fees and is ranked #23 out of 63 brokers by ForexBrokers.com.
Libertex (Forex Club) does not provide average spread data, which makes a direct, apples-to-apples comparison of trading costs harder. Based on available evaluations, Libertex (Forex Club) receives 3 out of 5 stars for commissions and fees and ranks #63 out of 63 in this category at ForexBrokers.com.
If you hold higher balances, eToro’s VIP Club (Silver through Diamond) covers five tiers for accounts between $5,000 and $250,000, offering perks like access to Trading Central, discounted withdrawal and deposit fees, and a dedicated account manager. These benefits can help trim non-trading costs, though the EUR/USD spread remains around 1 pip. With Libertex (Forex Club) not publishing average spreads here, checking live quotes is advisable when comparing your potential all-in trading costs.
| Feature |
eToro
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $10 |
| Average Spread EUR/USD - Standard | 1 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | 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.
Comparing eToro and Libertex (Forex Club) on range of investments, eToro lists 5,461 tradeable symbols versus Libertex’s 300. Both support forex trading through CFDs or spot contracts, with 55 forex pairs on eToro and 51 on Libertex. eToro also offers exchange-traded securities (not CFDs) on both U.S. and international exchanges, while Libertex does not. Copy trading is available on both platforms. For crypto, eToro lets you buy actual coins in addition to crypto derivatives; Libertex offers only crypto derivatives, not delivered coins.
For Range of Investments, eToro earns 5 stars and ranks #11 out of 63 brokers at ForexBrokers.com, while Libertex scores 3.5 stars and ranks #54. In simple terms, eToro caters to investors who want a broad selection including real stocks and real crypto, whereas Libertex suits traders focused mainly on CFDs—especially forex—with a more limited lineup.
| Feature |
eToro
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5461 | 300 |
| Forex Pairs (Total) | 55 | 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) | Yes | 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.
eToro and Libertex (Forex Club) both provide free demo accounts and their own in-house trading platforms. eToro focuses on a clean, web-based experience and does not offer a Windows desktop app, while Libertex includes both a web platform and a Windows download. Copy trading is available on both brokers. Platform integrations differ: eToro does not support MT4 or MT5, whereas Libertex supports MT4 but not MT5. Neither broker connects to DupliTrade or ZuluTrade. If trading directly from charts matters, Libertex offers it; eToro does not.
For charting tools, eToro lists 161 drawing tools compared with 30 at Libertex, and watchlists include 6 fields on eToro versus 7 on Libertex. In our Trading Platforms and Tools ratings, eToro scores 4.5 stars and ranks #8 out of 63 brokers, while Libertex earns 4 stars and ranks #51. In short, eToro suits web-first traders who want strong social and copy features, while Libertex appeals to those who prefer a Windows desktop platform and MT4 access with the ability to place trades right from charts.
| Feature |
eToro
|
Libertex (Forex Club)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 104 | 15 |
| Charting - Drawing Tools (Total) | 161 | 30 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both eToro and Libertex (Forex Club) offer full-featured mobile trading apps for iPhone and Android. You can set price alerts, build watchlists with real-time quotes, and keep your symbols synced between the app and your online account. Chart views support multiple time frames on both platforms, making it easy to switch between intraday and longer-term views.
For charting tools, eToro includes 104 technical studies, while Libertex (Forex Club) offers 30. Only Libertex lets you draw trendlines in the app; neither app auto-saves drawings. In independent ratings, eToro’s mobile app earns 4.5 out of 5 stars and ranks #10 out of 63 brokers at ForexBrokers.com, while Libertex (Forex Club) earns 4 out of 5 stars and ranks #50.
| Feature |
eToro
|
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 | 104 | 30 |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing market research at eToro and Libertex (Forex Club): eToro delivers daily market commentary and packs in Trading Central tools plus a useful sentiment gauge showing long/short positions. It also features TipRanks insights. However, eToro doesn’t stream wire headlines from sources like Bloomberg or Reuters and doesn’t offer Autochartist or Acuity Trading tools. Libertex takes the opposite tack on news—it offers top-tier wire coverage—but lacks daily commentary, Trading Central, a sentiment tool, and Autochartist. TipRanks and Acuity Trading tools are not listed for Libertex. Both brokers provide an economic calendar.
For overall quality, eToro earns 4.5 stars and ranks #13 out of 63 brokers for Research on ForexBrokers.com, while Libertex scores 3 stars and ranks #62. If you want daily commentary, Trading Central analysis, sentiment data, and TipRanks, eToro is the stronger fit. If streaming wire news is your priority, Libertex has the edge on headlines.
| Feature |
eToro
|
Libertex (Forex Club)
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | Yes | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
eToro vs. Libertex (Forex Club): which broker is better for trading education, especially for beginners? Both provide at least 10 forex/CFD learning resources, and both include advanced video lessons. However, eToro goes further for newcomers with monthly live webinars plus a searchable archive of past sessions, a library of 10+ beginner videos, and an investor dictionary covering 50+ terms. Libertex offers core materials and advanced videos, but it does not run monthly client webinars, has no webinar archive, lacks a large set of beginner-focused videos, and does not include a sizable investor glossary.
These differences show up in third-party scores: eToro earns 4.5/5 stars for Education and ranks #5 out of 63 brokers at ForexBrokers.com, while Libertex holds 3/5 stars and ranks #58 out of 63. If you want structured learning with live events, replay access, and beginner-friendly videos, eToro is the stronger choice. If you only need basic content and some advanced topics, Libertex can still get you started.
| Feature |
eToro
|
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 eToro is better than Libertex (Forex Club). eToro finished with an overall rank of #9, while Libertex (Forex Club) finished with an overall rank of #61.
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
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Libertex (Forex Club)
|
|---|---|---|
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| Trust Score | 96 | 73 |
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eToro allows users to purchase actual delivered cryptocurrency and cryptocurrency derivatives, whereas Libertex (Forex Club) offers only cryptocurrency derivatives without the option to buy actual delivered cryptocurrency.
eToro and Libertex (Forex Club) both offer multiple options for depositing and withdrawing funds, including ACH/SEPA transfers, PayPal, and Skrill, but while eToro also provides Visa or Mastercard options, Libertex does not, although both platforms support bank wire transactions.
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 | eToro | Libertex (Forex Club) | |
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| Trust Score | 96 | 73 | |
| Winner | check_circle | ||
| Review | eToro Review |
| Broker Screenshots | eToro | Libertex (Forex Club) | |
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| Regulation | eToro | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 96 | 73 | |
| 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 | 3 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | eToro | Libertex (Forex Club) | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | 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) | 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 (Forex Club) | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| 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) |
| Investments | eToro | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5461 | 300 | |
| Forex Pairs (Total) | 55 | 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) | Yes | 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 | eToro | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | eToro | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $10 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | eToro | Libertex (Forex Club) | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | eToro | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 104 | 15 | |
| Charting - Drawing Tools (Total) | 161 | 30 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | eToro | 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 | 104 | 30 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | No | Yes |
| Research | eToro | Libertex (Forex Club) | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | Yes | ||
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | eToro | 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 | eToro | 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 | eToro Review |
| Overall | eToro | Libertex (Forex Club) | |
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| Trust Score | 96 | 73 | |
| Winner | check_circle | ||
| Review | eToro Review |
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