Written by ForexBrokers.com
In this head to head comparison of FOREX.com 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.
FOREX.com, founded in 1999, and Libertex (Forex Club), established in 1997, are both well-known entities in the online trading world. FOREX.com is publicly traded, while Libertex is not. Neither of these brokers operate as a bank, offering a straightforward approach to online trading. FOREX.com shines in the area of regulatory trust by holding seven Tier-1 licenses and one Tier-2 license, giving it a stellar Trust Score of 99 out of 99 from ForexBrokers.com. This makes FOREX.com a highly trusted option for traders seeking security and reliability.
In comparison, Libertex holds one Tier-1 license with no Tier-2 licenses, earning it a Trust Score of 73. This positions Libertex as an average risk broker according to ForexBrokers.com ratings. While both platforms serve traders with different needs, FOREX.com’s higher Trust Score and multiple Tier-1 licenses make it a more trusted choice for those prioritizing regulatory assurance.
| Feature |
FOREX.com
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 1999 | 1997 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When comparing the commission and fee structures of FOREX.com and Libertex (Forex Club), it becomes evident that FOREX.com offers a more competitive environment for traders, particularly those outside the U.S. FOREX.com has various execution methods and account types, such as the RAW Spread account, which features lower spreads but includes a per trade commission. While the Standard account shows higher spreads, it serves traders seeking market-maker execution. FOREX.com's commission rating stands strong at 4.5 stars, and it is ranked 13th out of 62 brokers according to ForexBrokers.com in the Commissions and Fees category.
In contrast, Libertex (Forex Club) lacks detailed average spread data, which makes it challenging to assess transparency in comparison to FOREX.com. Libertex provides basic services with a considerably lower ranking of 61 out of 62 brokers and a commission and fees star rating of just 3. While they might be more suitable for traders who prioritize a simpler fee structure and platform, the offerings seem less attractive for those looking for cost-effectiveness and extensive features.
Overall, when considering commissions and fees, FOREX.com emerges as a preferable choice, especially for active traders and those leveraging the Advanced Trading platform for volume-based rebates and competitive spreads. For traders who require comprehensive execution details and a mix of account options, FOREX.com is a well-suited option compared to Libertex. Meanwhile, traders seeking simplicity and perhaps less focus on competitive pricing might still consider what Libertex offers.
| Feature |
FOREX.com
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $100 | $10 |
| Average Spread EUR/USD - Standard | 1.4 | N/A |
| All-in Cost EUR/USD - Active | 0.9 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investments offered by FOREX.com and Libertex (Forex Club), there are notable differences in the diversity of trading opportunities. FOREX.com supports a wide variety of 5,500 tradeable symbols, including an impressive 91 forex pairs and cryptocurrency derivatives. In contrast, Libertex provides a smaller selection with 300 tradeable symbols and 51 forex pairs but also offers cryptocurrency derivatives. Both platforms facilitate forex trading as CFDs or spot contracts, but neither provides access to buying actual cryptocurrencies or international exchange securities, such as Apple or Vodafone shares. However, an advantage with Libertex is its offering of copy trading, a feature not available with FOREX.com.
In terms of ratings, FOREX.com earns a high score of 5 stars for its investment range, ranking #7 out of 62 brokers evaluated by ForexBrokers.com. This recognition may be attributed to the vast array of forex pairs and derivative products it offers. Libertex, with a rating of 3.5 stars, is ranked at #53, emphasizing a more limited, yet still diverse, selection for traders. While both platforms present efficient investment options, FOREX.com appears to cater to those seeking a broader selection of tradeable symbols, making it a more attractive choice for investors looking for a wider range of trading possibilities.
| Feature |
FOREX.com
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 300 |
| Forex Pairs (Total) | 91 | 51 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | No | 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 FOREX.com and Libertex (Forex Club) provide strong trading platforms and tools, catering to a range of traders. FOREX.com stands out with its impressive range of features, offering both the popular MetaTrader 4 and MetaTrader 5 platforms, along with its own proprietary platform. Libertex, while it offers MetaTrader 4 and its proprietary platform, does not support MetaTrader 5. For those interested in simulated trading, both brokers provide free virtual demo accounts. Additionally, they offer both Windows-based desktop platforms and web-based platforms, ensuring flexibility for traders. However, a key difference between the two is that Libertex offers copy trading, a feature not available with FOREX.com.
When it comes to charting tools, FOREX.com offers a more comprehensive suite with 239 drawing tools compared to Libertex's 30. Both allow trading directly from stock charts, providing convenience to users. For watch lists, FOREX.com allows for greater customization with 20 columns, whereas Libertex offers 7. These features contribute to FOREX.com's higher rating of 5 stars, as compared to Libertex's 4 stars for trading platforms and tools. This difference is reflected in their rankings, with FOREX.com securing 7th place out of 62 brokers, significantly ahead of Libertex, which is ranked 50th. Overall, FOREX.com offers a more diversified and customizable trading experience compared to Libertex.
| Feature |
FOREX.com
|
Libertex (Forex Club)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 88 | 15 |
| Charting - Drawing Tools (Total) | 239 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 20 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of FOREX.com and Libertex (Forex Club), both platforms support iPhone and Android devices, ensuring a broad reach among users. Users of either app can receive stock or forex price alerts and enjoy seamless watchlist syncing, which keeps their investments consistent across devices. While both apps allow you to draw trendlines and view multiple time frames on charts, FOREX.com stands out with 88 technical studies for in-depth charting compared to just 30 offered by Libertex. However, when it comes to auto-saving chart drawings, only FOREX.com provides this convenience.
In terms of functionality, both apps let users create watchlists with real-time quotes, but FOREX.com receives a higher overall rating with 5 stars and ranks 3rd out of 62 brokers on ForexBrokers.com for mobile trading apps. On the other hand, Libertex (Forex Club) is rated 4 stars and sits at the 49th position. Overall, while both apps provide strong trading tools, FOREX.com offers a more enriched feature set and higher user satisfaction.
| Feature |
FOREX.com
|
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 | 88 | 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 FOREX.com and Libertex (Forex Club) for market research features, FOREX.com stands out with daily market commentary and timely forex news from top-tier sources like Bloomberg and Reuters, ensuring traders stay informed. Libertex also offers news from premier providers but lacks daily commentary. Both platforms provide economic calendars displaying crucial global events, but only FOREX.com enhances the trading experience with tools from Trading Central including Technical Analytics, which Libertex does not offer. Additionally, FOREX.com supports traders with a sentiment-based trading tool, unlike Libertex, which doesn't provide this feature.
In terms of ratings and rankings, FOREX.com earns an impressive 4.5 stars for research and holds the ninth position out of 62 brokers on ForexBrokers.com. This marks it as a top choice for those seeking comprehensive market insights. On the other hand, Libertex has a modest 3-star rating and is positioned at #60 in the same category. The absence of specific research tools like Autochartist, TipRanks, and Acuity Trading impacts both platforms equally, yet the overall offering from FOREX.com remains more favorable for traders prioritizing in-depth research capabilities.
| Feature |
FOREX.com
|
Libertex (Forex Club)
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | 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 comparing the educational resources for beginners, FOREX.com stands out as a prominent choice thanks to its comprehensive offerings. It provides a wide array of materials, including over 10 educational pieces such as articles and videos specifically dedicated to forex and CFDs. Importantly, the platform hosts monthly educational webinars for clients, along with a searchable archive of recorded sessions, enhancing learning opportunities. Moreover, FOREX.com caters to both novice and advanced traders with more than 10 beginner videos and an equal number dedicated to advanced topics. The addition of an investor dictionary with over 50 key terms further aids in familiarizing users with essential trading language.
In contrast, Libertex (Forex Club) presents a more limited set of educational tools. Although it offers more than 10 educational pieces and advanced trading videos, it falls short in several areas. For instance, it lacks monthly client webinars and an archive of past sessions, which could otherwise support continuous learning. Additionally, beginner traders might find Libertex wanting, as it does not supply enough beginner-focused video content. The absence of an extensive investor dictionary could also impede new learners' progress. As a result, FOREX.com is rated higher in education, receiving 4.5 stars, while Libertex (Forex Club) garners 3 stars, reflecting its more modest offerings. According to ForexBrokers.com ratings, FOREX.com ranks #4 out of 62 brokers for educational services, whereas Libertex is positioned at #57, indicating a significant disparity in educational quality and support.
| Feature |
FOREX.com
|
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 62 of the best forex brokers, our research and account testing finds that FOREX.com is better than Libertex (Forex Club). FOREX.com finished with an overall rank of #5, while Libertex (Forex Club) finished with an overall rank of #60.
FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe. It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader.
| Feature |
FOREX.com
|
Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 73 |
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Both FOREX.com and Libertex (Forex Club) do not offer the ability to buy actual delivered cryptocurrency, but they do provide options to buy cryptocurrency derivatives, making them viable platforms for traders interested in cryptocurrency instruments beyond direct ownership.
Both FOREX.com and Libertex (Forex Club) offer ACH, SEPA transfers, and PayPal for deposits and withdrawals, while FOREX.com additionally provides Visa and Mastercard options, which Libertex does not, though Libertex supports Skrill, unlike FOREX.com; both brokers allow transactions via bank wires.
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 | FOREX.com | Libertex (Forex Club) | |
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| Trust Score | 99 | 73 | |
| Winner | check_circle | ||
| Review | FOREX.com Review |
| Broker Screenshots | FOREX.com | Libertex (Forex Club) | |
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| Regulation | FOREX.com | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 99 | 73 | |
| Year Founded | 1999 | 1997 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | FOREX.com | Libertex (Forex Club) | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | FOREX.com | Libertex (Forex Club) | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FOREX.com | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 300 | |
| Forex Pairs (Total) | 91 | 51 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | No | 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 | FOREX.com | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.4 | N/A | |
| All-in Cost EUR/USD - Active | 0.9 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | FOREX.com | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $100 | $10 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | FOREX.com | Libertex (Forex Club) | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FOREX.com | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 20 | 7 | |
| Charting - Indicators / Studies (Total) | 88 | 15 | |
| Charting - Drawing Tools (Total) | 239 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FOREX.com | 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 | 88 | 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 | FOREX.com | Libertex (Forex Club) | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FOREX.com | 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 | FOREX.com | 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 | FOREX.com Review |
| Overall | FOREX.com | Libertex (Forex Club) | |
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| Trust Score | 99 | 73 | |
| Winner | check_circle | ||
| Review | FOREX.com Review |
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