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), clear differences emerge for traders. FxPro, with a 4-star rating, offers variable and fixed spreads on its MT4 platform, and its most competitive commissions are available on the cTrader platform. Here, FxPro provides an effective EUR/USD spread of approximately 1.27 pips, which includes an average spread of 0.37 pips and a 0.9 pip commission-equivalent. Despite having higher costs than some industry leaders, FxPro offers potential savings through its Active Trader program—though this still lags behind top competitors.
In contrast, Libertex (Forex Club) only manages a 3-star rating for its commissions and fees. Unfortunately, it does not provide average spread data, making direct cost comparisons more difficult for prospective traders. Despite the lack of detailed spread information, traders should be aware that Libertex generally ranks lower in the industry for trading costs, coming in at #61 out of 62 brokers on the ForexBrokers.com rankings.
Overall, FxPro stands out as the more cost-effective choice for traders keen on detailed spread and commission data, ranking #32 in the ForexBrokers.com list. Meanwhile, those considering Libertex should weigh the lack of clear cost structures alongside its lesser 3-star rating in deciding on a trading platform.
| 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 FxPro and Libertex for their investment offerings, both brokers provide forex trading as a CFD or spot contract, making foreign currency trading accessible. FxPro shines with an impressive array of 2,249 tradeable symbols and 70 forex pairs, offering a wider selection than Libertex, which has 300 tradeable symbols and 51 forex pairs. However, neither broker provides opportunities to buy exchange-traded securities on U.S. exchanges, such as Apple shares. Notably, FxPro does allow clients to access international exchanges for buying securities like Vodafone shares, a feature absent in Libertex.
Both FxPro and Libertex offer the opportunity to engage in copy trading and provide cryptocurrency derivatives, although they do not support the purchase of actual cryptocurrencies. In terms of ratings, FxPro garners a 4-star rating for its range of investments, ranking 28th out of 62 brokers on ForexBrokers.com. Libertex is slightly behind with a 3.5-star rating, ranked 53rd. Overall, FxPro's broader range of investments and additional features may appeal to traders seeking diversity in their portfolios.
| 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.
When comparing FxPro and Libertex (Forex Club) in terms of their trading platforms and tools, both brokers offer a wide array of features that cater to traders of all levels. Both platforms provide the advantage of free virtual demo accounts, allowing traders to practice without any risk. They each have developed their own proprietary platforms and offer Windows-based desktop downloads, as well as convenient web-based platforms that are accessible through a browser. For those interested in copy trading, both FxPro and Libertex offer this feature, and they also support the widely-used MetaTrader 4 (MT4). However, only FxPro extends its offerings to include MetaTrader 5 (MT5). Neither broker supports DupliTrade or ZuluTrade. When it comes to charting, both platforms enable trading directly from the chart, with Libertex providing 30 drawing tools compared to FxPro’s 25.
In terms of customization, Libertex allows for greater personalization in watch lists with 7 columns or fields, while FxPro offers 6. Both brokers earned a 4-star rating for their trading platforms and tools, yet there is a notable difference in industry ranking. FxPro ranks #17 out of 62 brokers evaluated by ForexBrokers.com, whereas Libertex is positioned at #50. Overall, these features and rankings indicate that while both platforms are quite competitive, FxPro seems to have a slight edge in terms of overall rank and MT5 availability.
| 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.
Both FxPro and Libertex offer comprehensive mobile trading apps available for iPhone and Android users, ensuring seamless access to the forex and stock markets. Both platforms allow users to receive timely price alerts and sync watchlists between the mobile app and online accounts. However, FxPro stands out with its offering of 65 technical studies for charting, compared to Libertex's 30, providing a more in-depth analytical toolkit for traders on the go. While both apps support drawing trendlines and viewing multiple time frames, only FxPro's app automatically saves chart drawings, adding convenience for users who frequently make adjustments to their analyses.
Other notable features include the ability to create watchlists with real-time quotes, which both apps support. In terms of user ratings, FxPro earns a higher score of 4.5 stars, compared to Libertex's 4 stars, reflecting a slightly better user experience. Additionally, FxPro is ranked #15 out of 62 brokers in the Mobile Trading Apps category by ForexBrokers.com, whereas Libertex is ranked #49. These distinctions may help traders decide which app better fits their needs, depending on whether they prioritize advanced charting features or other aspects of the trading experience.
| 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.
When it comes to market research offerings, FxPro and Libertex (Forex Club) each have distinct strengths. FxPro provides daily market commentary, offering insights that are crucial for traders who want to stay informed on market movements. In contrast, Libertex lacks this daily commentary service. Both brokers provide forex news from top-tier sources such as Bloomberg and Reuters, ensuring their traders have access to quality information. However, when it comes to advanced technical analysis tools such as Trading Central, FxPro has the edge, while Libertex does not offer these resources. Additionally, FxPro's sentiment-based trading tools can give traders an advantage by displaying the ratio of long and short positions across various currency pairs, a feature that Libertex does not provide.
FxPro and Libertex both offer an economic calendar that lists current and upcoming global news events, which is a staple for traders to plan their strategies effectively. Despite some similarities, FxPro’s market research capabilities are rated higher with four out of five stars, while Libertex earns three stars. Furthermore, in the research category, FxPro is ranked 26th among 62 brokers, whereas Libertex sits lower at 60th. These differences highlight FxPro's relatively stronger emphasis on providing comprehensive research tools and insights, which can be beneficial for traders looking to make informed 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.
When comparing the educational resources for beginners offered by FxPro and Libertex (Forex Club), both online brokers provide a minimum of 10 educational materials focused on forex and CFDs. However, they differ in the variety and accessibility of these resources. FxPro shines in offering a comprehensive range of beginner-focused educational videos, with at least 10 available that specifically cater to those new to trading. It also provides users with a searchable archive of previously recorded webinars and an investor dictionary that defines over 50 investing terms, aiding newcomers in building a strong foundation in trading knowledge. While FxPro does not provide advanced educational videos for seasoned traders, its resources have earned it a solid 4-star education rating and an 18th place ranking out of 62 brokers by ForexBrokers.com.
On the other hand, Libertex (Forex Club) offers advanced educational videos suited for more experienced traders, but falls short in beginner video content compared to FxPro. It lacks a searchable archive of past webinars and an extensive investor dictionary, which can be limiting for those just starting. Despite offering some valuable resources, Libertex has a lower 3-star rating for education and ranks 57th in the education category according to ForexBrokers.com. For beginners seeking comprehensive initial learning tools, FxPro appears to be a more suitable choice, while Libertex might appeal more to those who have a bit more trading experience under their belt.
| 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 62 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 #60.
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
|
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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