Written by ForexBrokers.com
In this head to head comparison of FXPrimus 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.
FXPrimus and Libertex (Forex Club) are notable players in the online brokerage industry, each having established a unique presence over the years. Founded in 2009, FXPrimus operates as a private company that is not listed on any stock exchange and is not a banking institution. It holds a single Tier-1 license, indicating a level of trust and security, but does not possess any Tier-2 licenses. With a Trust Score of 71 out of 99 from ForexBrokers.com, FXPrimus is considered to have an average risk profile, making it a moderately reliable option for online traders.
On the other hand, Libertex, which has been in operation since 1997, shares similar characteristics with FXPrimus, such as being a non-publicly traded entity and not functioning as a bank. Like FXPrimus, Libertex also holds one Tier-1 license, reflecting a commitment to maintaining regulatory standards. However, it does not have any Tier-2 licenses. With a slightly higher Trust Score of 73, Libertex is also categorized as having an average risk, offering traders a slightly more trusted alternative compared to FXPrimus, based on ForexBrokers.com ratings.
| Feature |
FXPrimus
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2009 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When comparing the online brokers FXPrimus and Libertex (Forex Club) regarding commissions and fees, both brokers offer competitive services, but there are noticeable differences that might influence your choice. FXPrimus does not provide average spread data, but it is recognized for having a favorable fee structure, giving it a commendable rating of 4 out of 5 stars. In terms of ranking among 62 brokers in the Commissions and Fees category, FXPrimus holds the 42nd position, suggesting a solid standing compared to its counterparts.
Libertex (Forex Club), on the other hand, also lacks available average spread data, but its fee system rates slightly lower. It is awarded 3 out of 5 stars for commissions and fees. This lower rating is reflected in its position in the rankings, as it sits at the 61st position out of 62 brokers. This indicates that while Libertex (Forex Club) offers a functional service, it might not be as cost-effective as its competitors, specifically when compared to FXPrimus in this category.
In summary, for traders prioritizing cost efficiency, FXPrimus presents a more attractive option with its higher star rating and better ranking compared to Libertex (Forex Club). While both brokers serve their purpose, FXPrimus appears to offer a more economical choice for those keen on minimizing trading expenses.
| Feature |
FXPrimus
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $100 | $10 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | No | 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.
FXPrimus and Libertex (Forex Club) are both online brokers offering a variety of investment options including forex trading as CFDs or spot contracts. FXPrimus provides access to 140 tradeable symbols with 42 forex pairs, while Libertex offers a more extensive selection with 300 tradeable symbols and 51 forex pairs. Both platforms support copy trading and offer cryptocurrency derivatives, but neither allows the purchase of exchange-traded securities or actual cryptocurrencies. This makes them quite similar in terms of investment types available to traders, but with distinct differences in volume and symbol offerings.
In terms of investment range, both platforms have identical ratings of 3.5 out of 5 stars. However, there is a slight edge in ranking on ForexBrokers.com; Libertex is positioned at #53 out of 62 brokers for Range of Investments, compared to FXPrimus, which is ranked at #59. Traders looking for a more expansive selection of tradeable symbols and forex pairs might favor Libertex, while both remain solid choices for those focusing on CFDs and cryptocurrency derivatives.
| Feature |
FXPrimus
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 140 | 300 |
| Forex Pairs (Total) | 42 | 51 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | 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 the trading platforms and tools of FXPrimus and Libertex (Forex Club), both brokers offer a comprehensive suite of options, ensuring traders of all experience levels can engage effectively. Both brokers provide simulated trading through free virtual demo accounts, making them excellent choices for beginners looking to practice without financial risk. In terms of platforms, each broker has developed its proprietary trading platform and offers a Windows-based desktop download, as well as web-based browser platforms, providing flexibility in how you choose to trade. Additionally, both support MetaTrader 4 (MT4), but only FXPrimus extends its offerings with MetaTrader 5 (MT5), enhancing its appeal to traders seeking advanced tools.
For those interested in exploring social trading, both FXPrimus and Libertex provide copy trading features, though neither offers DupliTrade or ZuluTrade services. Charting capabilities differ, as FXPrimus offers 15 drawing tools compared to Libertex’s more extensive set of 30. Both brokers allow trading directly from stock charts and offer seven columns for watchlists, attesting to their convenient functionality. Despite these similarities, FXPrimus slightly edges out in ratings, receiving a 4-star rating for trading platforms and tools from ForexBrokers.com and ranking 49 out of 62 brokers, just ahead of Libertex at #50 with the same star rating.
| Feature |
FXPrimus
|
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 | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 15 |
| Charting - Drawing Tools (Total) | 15 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both FXPrimus and Libertex (Forex Club) cater to iPhone and Android users, providing a seamless trading experience across devices. You can easily receive stock or forex price alerts with both apps, ensuring you stay updated with market changes. Each app offers 30 technical studies for charting, allowing for insightful analysis. Drawing trendlines and viewing multiple time frames on stock or forex charts is possible with both brokers, making technical analysis more accessible whether you're trading daily or intraday.
However, there are distinct differences to note. While FXPrimus automatically saves your chart drawings, making it easier to keep track of your technical annotations, Libertex does not offer this feature. On the other hand, Libertex excels in watchlist management by offering symbol syncing between your mobile app and online account, a feature missing from FXPrimus. Both platforms let you create watchlists with real-time quotes, and both hold a 4-star rating for their mobile trading experience, although FXPrimus edges slightly ahead in ranking at #48 compared to Libertex’s #49, as per ForexBrokers.com.
| Feature |
FXPrimus
|
Libertex (Forex Club)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 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 FXPrimus and Libertex (Forex Club) in terms of market research offerings, notable differences emerge, especially in the delivery of daily market commentary and access to forex news from top-tier sources. FXPrimus provides its users with daily market commentary, an essential feature for those who value regular insights into market trends. However, the broker does not offer forex news from leading providers such as Bloomberg or Reuters. On the other hand, Libertex (Forex Club) does not provide daily market commentary but compensates by delivering forex news from top-tier sources, ensuring traders stay informed with the latest global developments.
Both FXPrimus and Libertex share similarities in several areas. Neither broker offers technical analysis or fundamental research tools from companies like Autochartist and Trading Central. Additionally, both lack sentiment-based trading tools and market research resources from TipRanks or Acuity Trading. However, they both provide economic calendars highlighting global news events, a valuable tool for traders who monitor economic indicators. Despite these offerings, both brokers have received a three-star rating for research, with FXPrimus ranked slightly higher at #58 compared to Libertex's #60 in the ForexBrokers.com rankings of 62 brokers.
| Feature |
FXPrimus
|
Libertex (Forex Club)
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | 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 available to beginners from online brokers FXPrimus and Libertex (Forex Club), both platforms offer a solid foundation with a variety of materials focusing on forex and CFDs education. FXPrimus stands out by providing monthly online webinars and a searchable archive of recorded sessions, which can be invaluable for learners who prefer interactive and real-time educational experiences. On the other hand, Libertex might appeal to more advanced traders as it offers a collection of advanced educational videos. However, neither broker provides an expansive selection of beginner-focused videos or an investor dictionary, which may limit newcomers looking for comprehensive starting material.
Despite their offerings, both FXPrimus and Libertex share an identical education rating of 3 stars and fall in the lower half of ForexBrokers.com's rankings, with FXPrimus positioned at 51st and Libertex at 57th out of 62 brokers evaluated. This suggests that while both brokers offer useful resources, there might be room for improvement in terms of depth and variety of educational content for traders at the entry-level. Users may find value in exploring both platforms to determine which aligns best with their learning preferences and trading goals.
| Feature |
FXPrimus
|
Libertex (Forex Club)
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | No | No |
| Videos - Advanced Trading Videos | No | Yes |
| Investor Dictionary (Glossary) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that FXPrimus is better than Libertex (Forex Club). FXPrimus finished with an overall rank of #53, while Libertex (Forex Club) finished with an overall rank of #60.
FXPRIMUS is primarily regulated in Cyprus, offering the MetaTrader and cTrader platforms, and also has an off-shore entity in Vanuatu for clients outside of the EU. The main downside, besides its lack of additional top-tier licenses, is that FXPRIMUS only offers 140 symbols, putting it at a disadvantage compared to the best forex brokers.
| Feature |
FXPrimus
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Libertex (Forex Club)
|
|---|---|---|
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| Trust Score | 71 | 73 |
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Both FXPrimus and Libertex (Forex Club) offer the ability to trade cryptocurrency derivatives but do not provide the option to buy actual (delivered) cryptocurrency.
In comparing FXPrimus and Libertex (Forex Club) for online brokerage options, FXPrimus supports Skrill, Visa/Mastercard, and bank wires for transactions but lacks ACH, SEPA, and PayPal capabilities, while Libertex (Forex Club) provides transaction options via ACH, SEPA, PayPal, Skrill, and bank wires but does not support Visa/Mastercard.
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 | FXPrimus | Libertex (Forex Club) | |
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| Trust Score | 71 | 73 | |
| Winner | check_circle | ||
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| Broker Screenshots | FXPrimus | Libertex (Forex Club) | |
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| Regulation | FXPrimus | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 71 | 73 | |
| Year Founded | 2009 | 1997 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | FXPrimus | Libertex (Forex Club) | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | 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) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | 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) | FXPrimus | Libertex (Forex Club) | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| 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) | No | No |
| Investments | FXPrimus | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 140 | 300 | |
| Forex Pairs (Total) | 42 | 51 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | 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 | FXPrimus | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | FXPrimus | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $100 | $10 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | FXPrimus | Libertex (Forex Club) | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FXPrimus | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 15 | |
| Charting - Drawing Tools (Total) | 15 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FXPrimus | Libertex (Forex Club) | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 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 | FXPrimus | Libertex (Forex Club) | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | FXPrimus | Libertex (Forex Club) | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | No | No | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | FXPrimus | 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 | |
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| Trust Score | 71 | 73 | |
| Winner | check_circle | ||
| Review |
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