Written by ForexBrokers.com
In this head to head comparison of GBE brokers 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.
GBE brokers, founded in 2013, and Libertex (Forex Club), established in 1997, are both online brokers that are privately held and do not operate as banks. In terms of regulatory credentials, each broker holds one Tier-1 license, marking them as highly trusted by ForexBrokers.com standards. This shared level of confidence indicates that both brokers adhere to strict regulatory requirements, though neither holds Tier-2 licenses, which denote a trusted status.
Despite their similarities in regulatory compliance, there are nuances in their overall trust ratings. GBE brokers received a Trust Score of 71 from ForexBrokers.com, placing them in the "average risk" category. In contrast, Libertex (Forex Club) scored slightly higher with a Trust Score of 73, indicating a marginally stronger trust level, albeit still within the same "average risk" range. This comparison suggests that while both brokers are considered relatively safe institutions, potential clients might favor Libertex for marginally higher trust levels.
| Feature |
GBE brokers
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2013 | 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 GBE Brokers and Libertex (Forex Club) in terms of commissions and fees, GBE Brokers stands out with a higher rating of 4 out of 5 stars, owing to its more competitive fee structure. Although specific average spread data isn’t provided, GBE Brokers’ overall ranking reflects its relatively favorable pricing, situated at 37th out of 63 brokers according to ForexBrokers.com. This places GBE Brokers in a strong position among its peers, making it a potentially economical choice for traders seeking cost-effective trading options.
In contrast, Libertex (Forex Club) receives a slightly lower rating of 3 out of 5 stars for commissions and fees. Despite the absence of average spread data, its ranking at 62nd out of 63 brokers highlights its less competitive edge in the market compared to GBE Brokers. This suggests that traders using Libertex may face higher costs, which could impact their overall trading strategy and profitability.
Ultimately, for traders who prioritize minimizing fees and commissions, GBE Brokers presents a more favorable option over Libertex (Forex Club), thanks to its better ratings and ranking. By offering a more cost-effective trading environment, GBE Brokers may provide significant savings over time for active traders.
| Feature |
GBE brokers
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $500 | $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 | 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 GBE brokers and Libertex (Forex Club) for their range of investments, both platforms provide a versatile selection, including forex trading as CFDs or spot contracts. GBE brokers offer a wider array of 500 tradeable symbols and 71 forex pairs, while Libertex provides access to 300 symbols and 51 forex pairs. Neither broker supports the trading of exchange-traded securities on U.S. or international exchanges, nor do they offer the purchase of actual cryptocurrencies. However, both allow users to venture into cryptocurrency derivatives trading.
In terms of copy trading, both platforms enable users to engage in this popular social trading feature. Despite their similar offerings, GBE brokers edge out slightly in terms of the breadth of tradeable symbols and forex pairs, reflected in their higher ranking of #44 in the Range of Investments category by ForexBrokers.com, compared to Libertex's position at #53. Nevertheless, both brokers share an equal rating of 3.5 stars for their range of investments, indicating a comparable experience for investors looking to diversify their portfolios.
| Feature |
GBE brokers
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 500 | 300 |
| Forex Pairs (Total) | 71 | 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 GBE Brokers and Libertex (Forex Club) around their trading platforms and tools, both brokers offer virtual demo accounts, enabling traders to practice risk-free. While GBE Brokers relies on well-known platforms like MetaTrader 4 and 5, Libertex takes a different approach with its in-house proprietary platform, though it does not support MetaTrader 5. Both brokers provide Windows-based desktop and web-based trading platforms, ensuring flexibility and access from different devices. Notably, they both support copy trading, offering users a chance to mimic the strategies of successful traders.
Charting capabilities reveal some differences; GBE Brokers offers 15 drawing tools, while Libertex provides twice as many with 30. Both brokers allow trading directly from stock charts and maintain watch lists featuring seven columns. Despite sharing a 4-star rating for trading platforms and tools, their rankings differ, with GBE Brokers positioned at #57 and Libertex at #50 out of 63 brokers reviewed by ForexBrokers.com. Overall, while each broker has its strengths, your choice may hinge on preferences for platform variety or proprietary features.
| Feature |
GBE brokers
|
Libertex (Forex Club)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | 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 GBE Brokers and Libertex (Forex Club) offer convenient mobile trading apps for iPhone and Android users, allowing traders to stay connected and manage their investments on-the-go. These apps provide essential features like stock and forex price alerts, real-time watchlists, and the ability to draw trendlines on charts. GBE Brokers and Libertex both excel in delivering 30 technical studies for chart analyses and support viewing multiple time frames, ensuring traders can make informed decisions. However, when it comes to syncing watchlists across devices, Libertex has an advantage with this functionality available, whereas GBE Brokers lacks this feature. Additionally, while GBE Brokers' app automatically saves chart drawings, Libertex does not offer this capability.
In terms of user satisfaction, both apps are highly rated, garnering four out of five stars for their mobile trading experiences. Yet, according to ForexBrokers.com’s rankings, Libertex stands slightly ahead, positioned at #49 out of 63 brokers for mobile trading apps, compared to GBE Brokers which sits at #57. As you weigh these factors, consider what features matter most to your trading style and how each app's strengths align with your needs.
| Feature |
GBE brokers
|
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 the market research offerings of GBE Brokers and Libertex (Forex Club), each has its unique strengths. GBE Brokers provides daily market commentary and a sentiment-based trading tool, allowing traders insight into the ratio of long and short positions across various currency pairs. Additionally, they offer an economic calendar that helps traders stay informed about global news events impacting the markets. However, GBE Brokers doesn't supply forex news from top-tier sources like Bloomberg or Reuters, nor do they incorporate technical analysis tools from providers like Autochartist or Trading Central. They also lack research offerings from companies such as TipRanks and Acuity Trading.
On the other hand, Libertex (Forex Club) excels in delivering forex news from premium sources, helping traders stay updated with critical market insights. Like GBE Brokers, Libertex also provides an economic calendar but does not offer daily market commentary or a sentiment-based trading tool. Both platforms are missing the integration of technical analysis tools from Autochartist and Trading Central, as well as market research from TipRanks and Acuity Trading. Despite their differences, both brokers receive a similar research rating, with three out of five stars, and are placed closely in rankings by ForexBrokers.com, with GBE Brokers ranked 62nd and Libertex 61st out of 63 brokers evaluated in the Research category.
| Feature |
GBE brokers
|
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 | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, GBE Brokers and Libertex (Forex Club) each have their strengths but also show room for improvement. GBE Brokers does not provide a dedicated collection of educational content focused on forex or CFDs, such as articles or videos, which can be crucial for newcomers looking to understand complex trading concepts. Libertex, on the other hand, offers more materials, meeting the basic threshold with a collection of at least 10 educational pieces tailored to forex and CFDs.
Both platforms fall short in offering regular online webinars or an archive of recorded sessions, making it difficult for users to benefit from live learning experiences or revisit previous sessions. While neither platform excels in providing beginner-oriented educational videos, Libertex sets itself apart with a collection of advanced videos aimed at experienced traders. Despite these efforts, both brokers earned a three-star rating for education, reflecting the need for expanded resources. According to ForexBrokers.com, GBE Brokers is ranked last in the Education category among 63 brokers, with Libertex slightly ahead at the 57th spot.
| Feature |
GBE brokers
|
Libertex (Forex Club)
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | 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 GBE brokers is better than Libertex (Forex Club). GBE brokers finished with an overall rank of #57, while Libertex (Forex Club) finished with an overall rank of #61.
GBE offers 500 tradeable symbols from its CySEC-regulated entity in Cyprus, but lacks additional regulatory licenses which hampers its Trust Score, compared to leading multi-asset brokers.
| Feature |
GBE brokers
|
Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 71 | 73 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Both GBE brokers and Libertex (Forex Club) do not offer the ability to purchase actual cryptocurrency, but they do provide options to trade cryptocurrency derivatives.
Both GBE Brokers and Libertex (Forex Club) provide multiple convenient options for depositing and withdrawing account funds, including ACH or SEPA transfers and Skrill, while also offering PayPal services; however, GBE Brokers additionally supports transactions via Visa or Mastercard, which is not available through Libertex.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | GBE brokers | Libertex (Forex Club) | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 71 | 73 | |
| Winner | check_circle | ||
| Review |
| Broker Screenshots | GBE brokers | Libertex (Forex Club) | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
| Education Gallery (click to expand) |
| Regulation | GBE brokers | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 71 | 73 | |
| Year Founded | 2013 | 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) | GBE brokers | 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) | GBE brokers | 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 | GBE brokers | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 500 | 300 | |
| Forex Pairs (Total) | 71 | 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 | GBE brokers | 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 | GBE brokers | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $500 | $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 | GBE brokers | Libertex (Forex Club) | |
|---|---|---|---|
| Proprietary Platform | No | 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 | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | GBE brokers | 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 | GBE brokers | 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 | GBE brokers | 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 | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | GBE brokers | Libertex (Forex Club) | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | No | No | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | GBE brokers | 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 | GBE brokers | Libertex (Forex Club) | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 71 | 73 | |
| Winner | check_circle | ||
| Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill