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 examining the commissions and fees of online brokers, GBE brokers stands out with a commendable rating of 4 out of 5 stars. Despite the absence of average spread data, it provides a competitive edge in its fee structure. Ranked at #37 out of 62 brokers in the Commissions and Fees category by ForexBrokers.com, GBE brokers highlights its capability in offering cost-effective trading solutions for its customers.
In contrast, Libertex (Forex Club) offers a different value proposition in terms of commissions and fees. With a 3-star rating out of 5, it delivers a reasonable service, but it falls short when compared to its peers in the same category. Positioned at #61 out of the 62 brokers ranked by ForexBrokers.com for Commissions and Fees, Libertex may appeal to traders who prioritize different aspects of their trading experience.
Both GBE brokers and Libertex cater to a diverse range of trading needs, but a closer inspection of their commissions and fees indicates GBE brokers could be a favorable choice for those focusing on minimizing costs. Meanwhile, Libertex might attract traders who value other features or benefits. By considering these elements, traders can better understand which broker aligns more closely with their trading strategies and goals.
| 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.
GBE Brokers and Libertex (Forex Club) both provide a versatile trading platform for forex enthusiasts. Both brokers offer forex trading as a CFD or spot contract, catering to traders who wish to engage in the forex market. However, GBE Brokers has a wider selection with 500 tradeable symbols, compared to Libertex's 300. When it comes to forex pairs, GBE Brokers offers 71 pairs, giving it a slight edge over Libertex's 51.
Neither GBE Brokers nor Libertex provides the option to invest directly in exchange-traded securities from U.S. or international exchanges, such as buying shares of Apple or Vodafone directly. Instead, each broker focuses on derivatives, allowing customers to trade cryptocurrency derivatives, although they do not offer the purchase of actual cryptocurrencies. Both platforms support copy trading to assist less experienced traders. In terms of their range of investments, both GBE Brokers and Libertex receive a rating of 3.5 stars, with GBE Brokers ranked at #44 and Libertex at #53 out of 62 brokers by ForexBrokers.com.
| 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 the trading platforms and tools between GBE Brokers and Libertex (Forex Club), both brokers show strengths and similarities, but also some distinct differences. Both brokers provide simulated trading through free virtual demo accounts, which is a great feature for beginners to practice and refine their strategies. While GBE Brokers does not offer a proprietary trading platform, Libertex stands out with its in-house developed platform. Additionally, both brokers support Windows-based desktop downloads and web-based platforms, making it easy for traders to access their accounts across different devices.
In terms of advanced trading options, both brokers have support for copy trading; however, GBE Brokers offers MetaTrader 5, which Libertex does not. Neither broker supports DupliTrade or ZuluTrade. For those focusing on charting tools, GBE Brokers provides 15 drawing tools, whereas Libertex offers 30, giving a more extensive range. The ability to trade directly from stock charts is available with both brokers, facilitating a streamlined trading process. Each allows for organizing watch lists with 7 fields, enabling traders to track market changes efficiently. Despite both being rated 4 stars for their platforms and tools, Libertex is ranked slightly higher at #50 compared to GBE Brokers at #57, indicating a marginal edge in overall offering.
| 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 provide mobile trading apps compatible with iOS and Android devices, meeting the diverse needs of traders on the go. Both apps offer essential features such as stock and forex price alerts, comprehensive charting tools with 30 technical studies each, and the ability to draw trendlines and view various time frames on charts. Creating watchlists with real-time quotes is also supported by both platforms. However, when it comes to syncing watchlists between the mobile app and online accounts, Libertex stands out by offering this feature, which GBE Brokers currently does not provide. Additionally, GBE Brokers' app has the advantage of auto-saving chart drawings, a feature absent in Libertex's app.
When rated by ForexBrokers.com, both apps received a solid 4-star rating for their mobile trading experience. Despite an equal rating, Libertex ranks slightly higher at 49th compared to GBE Brokers at 57th out of 62 brokers evaluated. This ranking suggests some level of distinction where Libertex may have slight advantages or additional features that contribute to its higher placement. Overall, while both platforms provide competitive mobile trading solutions, the choice between them may boil down to specific features like watchlist syncing and the auto-saving of chart drawings. Both apps serve well for traders looking for reliable mobile trading platforms with essential tools and capabilities.
| 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 considering the offerings of GBE Brokers and Libertex (Forex Club) for market research, both platforms provide some useful tools but have distinctive strengths. GBE Brokers excels in providing daily market commentary and offers a sentiment-based trading tool to help you understand the balance of long or short positions across currency pairs. They also ensure you're well-informed with an economic calendar that highlights important global events. On the other hand, Libertex lacks daily commentary and sentiment-based tools, but compensates with access to forex news from top-tier sources like Bloomberg and Reuters, offering an economic calendar as well. However, neither broker offers research tools from Autochartist, Trading Central, or Acuity Trading, keeping their offerings somewhat limited in scope.
Despite their efforts, both brokers score similarly in research capabilities, each earning a modest three-star rating. Among a field of 62 competitors, GBE Brokers is ranked 61st, while Libertex edges slightly ahead at 60th place according to ForexBrokers.com. This suggests that although they provide some valuable market research tools, there's room for both to enhance their research offerings to better meet trader expectations. Overall, whether you choose GBE Brokers or Libertex (Forex Club), you will have access to some essential market insights, although they vary in quality and depth.
| 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 comparing the educational resources offered by GBE brokers and Libertex (Forex Club) for beginners, it’s clear that both platforms have room for growth. GBE brokers currently do not provide the minimum of 10 educational materials such as articles or videos focusing on forex and CFDs, nor do they offer monthly webinars or archives of recorded sessions. In terms of educational videos for beginners or an investor dictionary, GBE brokers also fall short. Their overall education rating sits at three stars, landing them last in the education category among 62 brokers surveyed by ForexBrokers.com.
Libertex (Forex Club) stands slightly ahead in offering educational resources. With at least 10 educational pieces on forex and CFDs, they provide some foundational content for newcomers. However, like GBE brokers, they lack monthly webinars and a searchable archive of past sessions. While Libertex does excel in providing more advanced educational videos, they do not offer a comprehensive investor dictionary. Despite sharing a three-star education rating with GBE brokers, Libertex ranks slightly better at 57th out of 62 brokers evaluated by ForexBrokers.com.
| 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 62 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 #56, while Libertex (Forex Club) finished with an overall rank of #60.
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
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Libertex (Forex Club)
|
|---|---|---|
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| Trust Score | 71 | 73 |
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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.
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0 of 5| Overall Rating | GBE brokers | Libertex (Forex Club) | |
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| Trust Score | 71 | 73 | |
| Winner | check_circle | ||
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| Broker Screenshots | GBE brokers | Libertex (Forex Club) | |
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| 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 |
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| Trust Score | 71 | 73 | |
| Winner | check_circle | ||
| Review |
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