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 |
FXPrimus stands out with a 4-star rating for its commissions and fees. It ranks as the 42nd broker out of 63 in the Commissions and Fees category according to ForexBrokers.com. While specific average spread information is unavailable, FXPrimus is recognized for being relatively cost-effective in its pricing structure, which contributes to its favorable ranking and rating.
In comparison, Libertex (Forex Club) holds a 3-star rating for its commissions and fees. It ranks significantly lower, placing 62nd out of 63 brokers in the same category. Although average spread figures are not provided, Libertex's position suggests that it may not be as competitive in terms of pricing compared to other brokers, including FXPrimus.
| 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.
When comparing FXPrimus and Libertex (Forex Club) for their range of investments, both platforms offer an accessible entry into forex trading as CFDs. FXPrimus provides 140 tradeable symbols with 42 forex pairs, while Libertex offers a wider selection with 300 tradeable symbols and 51 forex pairs. Both brokers do not offer exchange-traded securities on U.S. or international exchanges, meaning clients cannot purchase shares of companies like Apple or Vodafone directly through these platforms.
FXPrimus and Libertex both support copy trading, allowing users to replicate the trades of more experienced investors. Although neither allows the purchase of actual cryptocurrencies, they do offer cryptocurrency derivatives. Despite these offerings, both brokers have been rated 3.5 out of 5 stars for their range of investments. In a broader ranking by ForexBrokers.com, FXPrimus holds the #59 spot, while Libertex is slightly higher at #53 out of 63 brokers evaluated.
| 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.
FXPrimus and Libertex both offer a range of trading platforms and tools designed to cater to traders of all levels. Both brokers provide access to MetaTrader 4, but while FXPrimus also supports MetaTrader 5, Libertex does not. Each broker has developed its own proprietary platform, ensuring users have options tailored to their specific trading needs. Users of either platform can benefit from simulated trading with free virtual demo accounts, allowing them to practice without financial risk. Furthermore, both brokers offer desktop and web-based trading platforms, facilitating accessible trading whether at home or on the go. Copy trading is supported by both FXPrimus and Libertex, but neither broker offers DupliTrade or ZuluTrade for social trading enthusiasts.
Charting tools play a vital role in the decision-making process for traders, and while FXPrimus offers 15 drawing tools, Libertex provides double that amount with 30 drawing tools. Both brokers allow traders to execute trades directly from a stock chart, ensuring a streamlined trading experience. Watch lists are customizable, offering seven columns or fields for both platforms. When it comes to their trading platforms and tools, FXPrimus and Libertex each earn a four-star rating and are closely ranked by ForexBrokers.com, with FXPrimus at #49 and Libertex at #50 among 63 evaluated brokers. This indicates a comparable level of features and functionality for those considering either service.
| 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.
Both FXPrimus and Libertex (Forex Club) offer iPhone and Android apps, making their trading platforms accessible on various mobile devices. They provide important features like stock and forex price alerts, the ability to draw trendlines, and access to multiple time frames on charts. With 30 technical studies available, traders have the proper tools to make informed decisions on either platform. However, FXPrimus stands out by auto-saving chart drawings, a feature that is not available with Libertex (Forex Club).
While both platforms allow the creation of watchlists with real-time quotes, only Libertex (Forex Club) synchronizes these lists with the user's online account. Despite their unique differences, each platform is well-received, earning four-star ratings for their mobile trading apps. According to ForexBrokers.com, FXPrimus holds a slight edge by ranking 48th out of 63 brokers, compared to Libertex's position at 49th.
| 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 contrasting the market research offerings of FXPrimus and Libertex (Forex Club), prospective traders will find some notable differences. FXPrimus provides daily market commentary, enabling traders to stay updated with regular insights. In contrast, Libertex does not offer this feature, which may lead traders to seek external sources for daily updates. However, when it comes to forex news, Libertex shines by sourcing information from top-tier providers such as Bloomberg, Reuters, or Dow Jones, giving traders access to high-quality news data. FXPrimus lacks this feature, which might be a consideration for those who value premium news feeds.
Both FXPrimus and Libertex offer users an economic calendar, allowing them to track global news events that could impact trading decisions. Interestingly, neither broker provides research tools from Autochartist or Trading Central, nor do they offer sentiment-based trading tools or market insights from TipRanks or Acuity Trading. This similarity in offerings results in both brokers receiving a research rating of three stars from ForexBrokers.com. However, FXPrimus slightly edges out Libertex in broker rankings, placing 58th compared to Libertex's 61st position out of 63, making them compelling yet comparable choices depending on individual research needs.
| 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 offered by FXPrimus and Libertex for beginners, both online brokers provide a solid foundation with a minimum of 10 educational content pieces focused on forex or CFDs. However, FXPrimus has a notable advantage in offering monthly educational client webinars and a searchable archive of recorded sessions, which allows learners to revisit valuable information at their pace. Despite this, neither broker caters extensively to beginner traders with a dedicated set of videos specifically tailored for those new to trading.
On the flip side, Libertex shines with more advanced educational videos for experienced traders, which FXPrimus lacks. Neither broker provides an investor dictionary with definitions for common trading terms, which might slightly hamper a novice’s learning experience. In terms of ratings, both brokers receive 3 stars for education from ForexBrokers.com. However, FXPrimus ranks slightly higher at #51 compared to Libertex's #57 out of 63 brokers, indicating a marginally better educational offering overall.
| 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 63 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
|
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 | |
| Review |
| Overall | FXPrimus | Libertex (Forex Club) | |
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| Trust Score | 71 | 73 | |
| Winner | check_circle | ||
| Review |
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