Written by ForexBrokers.com
In this head to head comparison of FxPro 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.
FxPro and Libertex (Forex Club) both offer online trading services, but they differ significantly in terms of trustworthiness and regulatory standing. Established in 2006, FxPro operates as a bank and is not listed on any stock exchange. The broker boasts a high Trust Score rating of 93 from ForexBrokers.com, making it a highly trusted option for traders. FxPro holds two Tier-1 licenses, indicating a higher degree of regulatory oversight, along with one Tier-2 license for additional credibility.
In contrast, Libertex (Forex Club) has been serving clients since 1997 and also remains unlisted on any stock exchange. Unlike FxPro, Libertex (Forex Club) does not operate as a bank. It holds a Trust Score of 73, representing an average risk according to ForexBrokers.com. The broker has one Tier-1 license but lacks Tier-2 licenses, which may influence cautious traders in their decision-making process. Despite having a longer history, Libertex (Forex Club) seems to have more modest regulatory backing compared to FxPro.
| Feature |
FxPro
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2006 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
When comparing the commissions and fees of FxPro and Libertex (Forex Club), it's clear that there are notable differences to consider. FxPro offers variable or fixed spreads on its MT4 platform, with options for instant or market execution. In contrast, Libertex lacks comprehensive average spread data, making direct comparison more challenging. FxPro’s cTrader platform stands out with competitive spreads, offering an effective spread of approximately 1.27 pips for the EUR/USD pair. This is competitive within the industry, though FxPro's pricing remains generally higher than the average. Unfortunately, no fixed-spread offering is available on FxPro's MT5 platform. For traders who qualify, FxPro provides an Active Trader program, offering discounts up to 30%, though this still trails behind leading competitors such as FOREX.com and IG.
Libertex (Forex Club), on the other hand, does not provide as much detailed information about its spreads, which could be a factor for traders looking for transparency and cost predictability. While both FxPro and Libertex are solid choices, FxPro tends to deliver more competitive spreads for active traders through its cTrader platform, especially with its structured commission-based pricing. Traders seeking fixed rates might face limitations with both brokers but may prefer FxPro due to its broader platform offerings and more detailed spread information.
In terms of ratings, FxPro receives a commendable 4 out of 5 stars for its commissions and fees, ranking 32nd out of 63 brokers according to ForexBrokers.com. Libertex, however, is rated slightly lower with 3 out of 5 stars, ranking 62nd in the same category. These rankings highlight FxPro as a more favorable option for traders prioritizing commission structure, even though both brokers offer different strengths and areas for improvement.
| Feature |
FxPro
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $100 | $10 |
| Average Spread EUR/USD - Standard | 1.51 | N/A |
| All-in Cost EUR/USD - Active | 1.27 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | 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 the investment offerings of FxPro and Libertex (Forex Club), both brokers provide opportunities for forex trading via CFDs or spot contracts. FxPro stands out with a diverse array of 2,249 tradeable symbols, including 70 forex pairs, giving it an edge over Libertex, which offers 300 symbols and 51 forex pairs. While neither broker allows clients to buy stocks directly on U.S. exchanges, FxPro offers the option to purchase non-CFD exchange-traded securities on international exchanges, unlike Libertex. Both platforms support copy trading, enhancing social trading opportunities for users. When it comes to cryptocurrency, neither broker supports direct purchases but they both offer trading in cryptocurrency derivatives.
In terms of ratings for their range of investments, FxPro receives 4 stars, slightly ahead of Libertex's 3.5-star rating. According to ForexBrokers.com, FxPro ranks 28th out of 63 brokers in this category, reflecting a more extensive investment offering when compared to Libertex, which ranks 53rd. Therefore, for those seeking a wider selection of tradeable symbols and international trading options, FxPro may be the preferable choice, while Libertex might cater to those with specific, narrower interests.
| Feature |
FxPro
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2249 | 300 |
| Forex Pairs (Total) | 70 | 51 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | 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.
FxPro and Libertex (Forex Club) both offer a range of trading platforms and tools that cater to a variety of trader needs. Both brokers provide free virtual demo accounts, allowing users to simulate trading without risking real money. They each have developed proprietary platforms in-house, and both offer Windows-based desktop download trading platforms and web-based browser platforms. For those interested in copy trading, both brokers support this feature. However, FxPro stands out by offering both MetaTrader 4 and MetaTrader 5, whereas Libertex (Forex Club) only supports MetaTrader 4. Neither broker offers DupliTrade or ZuluTrade, yet both enable trading directly from stock charts, enhancing the trading experience.
When comparing charting tools, Libertex (Forex Club) provides more drawing tools with 30 options compared to FxPro's 25. Additionally, Libertex offers more columns for watch lists, with seven fields against FxPro's six. Despite these differences, both brokers receive a rating of four stars for their trading platforms and tools. However, FxPro holds a stronger position, ranked at #17 out of 63 brokers by ForexBrokers.com, while Libertex (Forex Club) is ranked at #50. This suggests that FxPro might be a slightly more favorable option for traders prioritizing platform and tool quality.
| Feature |
FxPro
|
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) | 53 | 15 |
| Charting - Drawing Tools (Total) | 25 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of FxPro and Libertex (Forex Club), both platforms offer apps compatible with iPhone and Android devices. They provide useful features such as stock and forex price alerts, watchlist symbol syncing, and the ability to create watchlists with real-time quotes. One of the key differences lies in the number of technical studies available for charting: FxPro excels by offering 65 technical studies, while Libertex (Forex Club) provides 30. Both apps allow drawing trendlines and viewing multiple time frames on charts, though FxPro's app has the added convenience of auto-saving your chart drawings.
In terms of overall user satisfaction, FxPro's mobile app garners a rating of 4.5 stars compared to Libertex’s 4 stars. This translates to a significant difference in rankings, with FxPro placed at #15 and Libertex at #49 out of 63 brokers reviewed by ForexBrokers.com for their mobile trading apps. This data suggests that FxPro might offer a more feature-rich experience for traders who value robust technical analysis and seamless account synchronization.
| Feature |
FxPro
|
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 | 65 | 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.
FxPro and Libertex (Forex Club) offer different strengths when it comes to market research. FxPro has a clear edge with its daily market commentaries that keep traders informed with timely insights, a feature missing from Libertex. Both brokers provide forex news from reputable sources like Bloomberg and Reuters, ensuring that traders have access to credible and current information. While neither offers tools from Autochartist or market research from TipRanks, FxPro distinguishes itself by offering Trading Central's technical analytics and a sentiment-based trading tool which provides valuable insights into currency pair positions. Additionally, both brokers include an economic calendar to help traders monitor key global events.
When it comes to research ratings, FxPro outshines Libertex with a higher rating of 4 out of 5 stars compared to Libertex's 3 stars, according to ForexBrokers.com. This higher rating is reflected in their respective rankings, where FxPro stands at 26 out of 63 brokers, whereas Libertex falls to 61. For traders prioritizing research tools and insights, FxPro offers a more comprehensive suite of options, supporting better-informed trading decisions.
| Feature |
FxPro
|
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.
FxPro and Libertex (Forex Club) both offer educational content aimed at helping beginners delve into forex and CFDs trading. FxPro impresses with a wealth of resources, including an investor dictionary with over 50 investing terms and a collection of beginner-focused videos. These videos are designed to simplify the trading process for novices, making FxPro a preferable choice for those just starting. Additionally, FxPro supports learning through a searchable archive of past webinars, providing beginners with a convenient way to revisit previously covered topics. Although FxPro does not provide monthly live webinars, its comprehensive educational offerings earn it a 4-star rating for education and a respectable rank of 18 out of 63 brokers according to ForexBrokers.com.
On the other hand, Libertex puts more focus on catering to experienced traders by offering a collection of advanced educational videos. However, beginners might find Libertex's educational offerings a bit limited, as they do not provide the same volume of beginner videos or an investor dictionary like FxPro. Also, they lack a searchable archive of past webinars, which may limit ongoing learning opportunities. Despite these gaps, Libertex does provide over 10 educational pieces for newcomers, although its offerings do not match the breadth of FxPro's. Consequently, Libertex received a 3-star rating for education and is ranked 57th out of 63 brokers in the education category by ForexBrokers.com.
| Feature |
FxPro
|
Libertex (Forex Club)
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | 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 FxPro is better than Libertex (Forex Club). FxPro finished with an overall rank of #21, while Libertex (Forex Club) finished with an overall rank of #61.
FxPro competes among the top MetaTrader brokers, featuring multiple account options and various execution methods. It provides its own proprietary FxPro Edge app – though it isn’t yet available for mobile – alongside access to the BnkPro app (which isn’t yet available in all regions).
| Feature |
FxPro
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Libertex (Forex Club)
|
|---|---|---|
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| Trust Score | 93 | 73 |
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FxPro and Libertex (Forex Club) both do not provide the option to purchase actual cryptocurrency for delivery, but they do offer the ability to trade cryptocurrency derivatives.
Both FxPro and Libertex (Forex Club) provide versatile funding options like ACH, SEPA transfers, PayPal, and Skrill for depositing and withdrawing account funds, but only FxPro supports Visa and Mastercard transactions, whereas both platforms accept 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 | FxPro | Libertex (Forex Club) | |
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| Trust Score | 93 | 73 | |
| Winner | check_circle | ||
| Review | FxPro Review |
| Broker Screenshots | FxPro | Libertex (Forex Club) | |
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| Regulation | FxPro | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 93 | 73 | |
| Year Founded | 2006 | 1997 | |
| Publicly Traded (Listed) | No | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | FxPro | 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) | 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) | FxPro | Libertex (Forex Club) | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FxPro | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2249 | 300 | |
| Forex Pairs (Total) | 70 | 51 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | 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 | FxPro | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.51 | N/A | |
| All-in Cost EUR/USD - Active | 1.27 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | FxPro | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $100 | $10 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | FxPro | 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 | FxPro | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 53 | 15 | |
| Charting - Drawing Tools (Total) | 25 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FxPro | 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 | 65 | 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 | FxPro | 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 | FxPro | Libertex (Forex Club) | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | FxPro | 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 | FxPro Review |
| Overall | FxPro | Libertex (Forex Club) | |
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| Trust Score | 93 | 73 | |
| Winner | check_circle | ||
| Review | FxPro Review |
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