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 examining FOREX.com and Libertex (Forex Club) for commissions and fees, there are notable differences that traders should consider. FOREX.com offers multiple account types such as the Standard and RAW Spread accounts. The Standard account, available for MetaTrader clients, features an average spread of 1.4 on the EUR/USD in the U.S. (July 2023 data). This account might appeal to traders who value market-maker execution, even with higher spreads. However, the RAW Spread account caters to active traders with competitive spreads as low as 0.13 pips on the EUR/USD, alongside commission-based pricing. For high-volume traders, FOREX.com provides volume-based rebates, making it a cost-effective option for serious traders. With a rating of 4.5 stars and ranked #13 out of 63 brokers by ForexBrokers.com, FOREX.com stands out in terms of its commission and fee structure.
In contrast, Libertex (Forex Club) does not publicly provide its average spread data, making it challenging to evaluate its competitiveness directly. However, it generally offers a commission-based pricing model rather than relying on spreads. The convenience of this setup may not always translate into cost savings for all traders. With a lower rating of 3 stars and ranked #62 by ForexBrokers.com in the Commissions and Fees category, Libertex might not be the best choice for traders focused on minimizing transaction costs.
In summary, while FOREX.com provides transparent, competitive options for both average and high-volume traders, Libertex's pricing structure is less clear and potentially less cost-effective. The decision between these brokers depends on your trading volume and preference for either spread-based or commission-based pricing. FOREX.com's favorable ranking and rating suggest it may appeal more to traders looking for competitive fees and diverse execution methods.
| 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.
FOREX.com and Libertex (Forex Club) both offer opportunities for forex trading, providing options as either a CFD or a spot contract. However, FOREX.com stands out with a significant advantage, boasting 5,500 tradeable symbols compared to Libertex's 300. In terms of forex pairs, FOREX.com again offers a broader selection with 80 pairs, while Libertex provides 51. Neither platform offers exchange-traded securities, like buying Apple shares on U.S. exchanges or Vodafone on international exchanges. When it comes to cryptocurrency, both brokers allow trading of cryptocurrency derivatives but not actual cryptocurrency purchases.
One of the key differences between these two platforms is the availability of copy trading, which is offered by Libertex but not by FOREX.com. Despite this feature, FOREX.com still secures a higher overall rating for the range of investments at 5 stars compared to Libertex’s 3.5 stars. Additionally, FOREX.com is ranked #7 out of 63 brokers in the Range of Investments category, while Libertex is placed at #53, reflecting a more comprehensive offering suited for traders seeking a wide array of investment options.
| Feature |
FOREX.com
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 300 |
| Forex Pairs (Total) | 80 | 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.
When comparing FOREX.com and Libertex (Forex Club) for trading platforms and tools, both brokers offer a variety of features designed to enhance the trading experience. FOREX.com and Libertex provide simulated trading through free virtual demo accounts, which is great for beginners to practice strategies without risk. Each broker also offers a proprietary platform, with desktop and web-based versions available. However, while both brokers support MetaTrader 4, FOREX.com goes a step further by offering MetaTrader 5. In terms of charting capabilities, FOREX.com boasts an impressive 239 drawing tools compared to Libertex's 30, enabling more detailed technical analysis. FOREX.com also provides trading directly from stock charts and has a more extensive watch list functionality with 20 fields, eclipsing the seven offered by Libertex.
When it comes to additional trading features, Libertex stands out by offering copy trading, an option not available at FOREX.com. Despite this, FOREX.com earns a higher rating of five stars in the trading platforms and tools category, compared to Libertex's four stars. Additionally, FOREX.com ranks seventh out of 63 brokers according to ForexBrokers.com, while Libertex comes in at 50th place. This ranking highlights FOREX.com's superior platform offerings, making it an appealing choice for traders seeking a comprehensive suite of tools, even though both brokers provide fundamental trading capabilities.
| 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 offered by FOREX.com and Libertex (Forex Club), users will find that both platforms are available on iPhone and Android devices. Each app supports price alerts for stock and forex and allows for watchlist symbol syncing, ensuring that any changes made in the mobile app are reflected in the online account. While both apps feature the ability to draw trendlines and view charts across multiple time frames, FOREX.com stands out with its offering of 88 technical studies for charting compared to Libertex's 30. Another advantage of FOREX.com is the automatic saving of drawings on charts, a feature absent in the Libertex app. Both brokers support creating watchlists with real-time quotes to keep traders informed.
Regarding overall user satisfaction, FOREX.com's app holds a five-star rating, indicating a superior user experience compared to Libertex, which has four stars. In rankings published by ForexBrokers.com, FOREX.com achieves a high ranking of 3rd out of 63 brokers, showcasing its favorable reception in the mobile trading community. Conversely, Libertex is placed significantly lower at the 49th spot, suggesting a more moderate reception among users. These factors may influence traders when deciding which mobile trading app aligns best with their needs.
| 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 offerings, it's clear that FOREX.com has a more comprehensive suite of tools for traders seeking insightful analysis and information. FOREX.com offers daily market commentary, a sentiment-based trading tool, news from top-tier sources, and access to Trading Central's technical analysis tools. With an economic calendar that highlights global news events, FOREX.com supports traders in making informed decisions. Meanwhile, Libertex provides news from top-tier sources and an economic calendar but lacks some advanced tools like daily market commentary and the sentiment-based trading tools that FOREX.com offers.
FOREX.com is highly rated with 4.5 stars for research, earning a commendable 9th place out of 63 brokers on ForexBrokers.com for its well-rounded offerings. On the other hand, Libertex receives 3 stars and ranks 61st. The differences in their research capabilities are significant, positioning FOREX.com as a stronger choice for traders prioritizing extensive market analysis and insightful research tools.
| 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.
For those entering the world of trading, the educational resources offered by online brokers can make a significant difference. FOREX.com and Libertex (Forex Club) both provide education on forex and CFDs, but their offerings differ in certain key areas. FOREX.com delivers a comprehensive educational experience with a wide variety of resources. They offer at least ten pieces of educational content focused on forex and CFDs, host monthly webinars for clients, and provide a searchable archive of these recorded sessions. This means that beginners can attend live sessions or catch up at their convenience. Their platform also includes over ten beginner-friendly videos that cover the basics of trading, enabling newcomers to grasp essential concepts easily. Additionally, FOREX.com enhances learning with an extensive investor dictionary featuring over 50 investing terms, catering to those new to the industry. Their efforts in education earn them a remarkable 4.5-star rating and a #4 rank out of 63 brokers in the education category on ForexBrokers.com.
In contrast, Libertex (Forex Club) offers educational resources but with some limitations compared to FOREX.com. While Libertex provides ten educational pieces on forex and CFDs, it does not host regular monthly webinars, nor do they offer a searchable archive of past webinars. This may limit opportunities for live learning and easy access to recorded educational content. Although Libertex does feature advanced educational videos for experienced traders, it lacks specifically targeted beginner videos, which might leave new traders seeking additional support. In terms of comprehensive learning tools, an investor dictionary is also absent from Libertex’s offerings. With an education rating of 3 stars and a ranking of #57 out of 63 brokers by ForexBrokers.com, it suggests that while Libertex has a foundation in education, there is room for improvement to meet the needs of beginners in the trading world.
| 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 63 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 #61.
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) | 80 | 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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