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.
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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 it comes to commissions and fees, eToro and Libertex take different paths. eToro is a market-maker broker with a typical EUR/USD spread of 1 pip, which is a bit higher than average, so it is usually better known for its social copy trading tools than for low-cost forex pricing. eToro also has a VIP program called eToro Club, with five tiers from Silver to Diamond for balances between $5,000 and $250,000, offering perks such as Trading Central access, lower deposit and withdrawal fees, and a dedicated account manager. eToro is rated 4 stars for commissions and fees and is ranked #23 out of 36 brokers by ForexBrokers.com in this category.
Libertex is generally the cheaper choice on headline forex pricing. Its latest published EUR/USD spread was 0.3 pips, though that figure is based on a single trading day and should be seen as indicative rather than guaranteed. Libertex uses a spread-plus-commission model, charging 5 euros per side on its own platform and 6 euros per side on MT4 and MT5, which makes the proprietary platform the lower-cost option for active traders. It also has a low $10 minimum deposit, free international wire transfers, and a 10 euro inactivity fee that only starts after six months without trading or funding activity. Libertex is rated 4 stars for commissions and fees and is ranked #21 out of 36 brokers.
Overall, Libertex has the edge on raw pricing, while eToro stands out more for its trading community and copy trading features. If your main goal is lower forex trading costs, Libertex is likely the better fit. If you want a more social trading experience and are less focused on tight spreads, eToro may still be worth considering.
| Feature |
eToro
|
Libertex
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $10 |
| Average spread (EUR/USD) - Standard account | 1 | 0.3 |
| All-in Cost EUR/USD - Active | 1 | 1.3 |
| Non-wire bank transfer | 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.
When comparing eToro and Libertex for trading platforms and tools, both brokers give beginners and active traders useful ways to get started. Each offers a free demo account, a web-based platform, copy trading, and the option to trade directly from a chart. eToro stands out for its own in-house platform, which is built for ease of use, while Libertex does not have a proprietary platform but instead gives traders a Windows desktop download and support for both MetaTrader 4 and MetaTrader 5.
In terms of overall platform quality, eToro has the edge, with a 4.5-star rating for Trading Platforms and Tools and a ForexBrokers.com ranking of #8 out of 36 brokers. Libertex is still a solid choice, rated 4 stars and ranked #26 out of 36, but it is better suited to traders who want MT4 or MT5 access and a desktop platform. For users focused on simple, browser-based trading and copy trading, both are appealing, but eToro has the stronger all-around platform offering.
| 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 offer mobile trading apps for iPhone and Android, and each app includes price alerts plus watchlist syncing, so changes you make on your phone can carry over to your online account. Where eToro pulls ahead is charting: its mobile app includes 104 technical studies and lets users draw trendlines, giving active traders more tools for technical analysis on the go. Libertex, by comparison, does not offer technical studies in its mobile charting and does not support trendline drawing, which may make it feel simpler for users who prefer a more basic setup.
In mobile app ratings, eToro is the stronger choice overall, with a 4.5-star score and a #10 ranking out of 36 brokers for Mobile Trading Apps on ForexBrokers.com. Libertex is still a solid option, but it trails behind with a 4-star rating and a #27 ranking. For traders who want a wider range of charting tools and a more feature-rich mobile experience, eToro has the edge, while Libertex may appeal to those looking for straightforward mobile trading.
| 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.
When it comes to market research, eToro has a slight edge over Libertex for everyday traders who want more built-in guidance. eToro offers daily market commentary, TipRanks research, a sentiment tool showing long and short positioning, and an economic calendar, plus forex news from top sources like Bloomberg and Reuters. Libertex also provides forex news, a sentiment tool, and an economic calendar, but it does not offer daily market commentary or TipRanks research.
There are also a few key differences in third-party tools. Libertex includes Trading Central tools, while eToro does not. Neither broker offers Autochartist or Acuity Trading tools. Overall, eToro is rated 4.5 stars for research and ranks #12 out of 36 brokers at ForexBrokers.com, compared with Libertex’s 4 stars and #25 ranking, making eToro the stronger pick for research overall.
| 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.
For beginners looking to learn the basics of trading, eToro stands out over Libertex in education. eToro offers forex and CFDs learning materials, monthly educational webinars, at least 10 beginner videos, and at least 10 advanced videos, giving new traders and more experienced users plenty to explore. It is also rated 4.5 out of 5 stars for Education and ranks #3 out of 36 brokers in the ForexBrokers.com Education category.
Libertex, by comparison, has less to offer for learners who want structured help getting started. It does not provide monthly educational webinars, nor does it meet the threshold for at least 10 beginner videos or 10 advanced videos focused on trading topics. While it still earns a solid 4 out of 5 stars for Education, it ranks #33 out of 36 brokers, making eToro the clearer choice for beginner-friendly trading education.
| 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
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Libertex
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| Overall Rating |
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| Trust Score | 97 | 79 |
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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.
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0 of 5| Overall Rating | eToro | Libertex | |
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| Trust Score | 97 | 79 | |
| Winner | check_circle | ||
| Review | eToro Review | Libertex Review |
| Broker Screenshots | eToro | Libertex | |
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| Broker Gallery (click to expand) |
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| 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) - Standard account | 1 | 0.3 | |
| All-in Cost EUR/USD - Active | 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 | 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 Watchlist [DELETED] | |||
| 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 | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | eToro Review | Libertex Review |
| Overall | eToro | Libertex | |
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| Trust Score | 97 | 79 | |
| Winner | check_circle | ||
| Review | eToro Review | Libertex Review |
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