Written by ForexBrokers.com
In this head to head comparison of IFC Markets 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.
IFC Markets, established in 2006, and Libertex (Forex Club), founded in 1997, both provide online brokerage services without being publicly traded companies or banks. When it comes to regulatory backing, IFC Markets has one Tier-2 license, indicating a trusted level according to ForexBrokers.com, but holds no Tier-1 licenses. On the other hand, Libertex stands out with one Tier-1 license, also indicative of a highly trusted broker.
Both brokers share a Trust Score of 73 from ForexBrokers.com, suggesting an average risk level. While neither firm is publicly listed or banking institutions, their regulatory profiles reveal subtle differences. Libertex's Tier-1 license may appeal to clients prioritizing high trust levels, while IFC Markets maintains a foothold with its Tier-2 licensing.
| Feature |
IFC Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2006 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 0 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When evaluating commissions and fees, IFC Markets offers an average spread of 1.44 for EUR/USD, which is higher than the industry average of 1.08. This makes it somewhat less competitive overall. However, for those who engage in more frequent trading, the company's new ECN account provides an effective spread of 1.1 pips, factoring in a 0.005% commission on both sides of a trade. Additionally, the absence of inactivity fees and the availability of active trader discounts serve as financial perks for traders choosing IFC Markets. Overall, IFC Markets earns a 4-star rating for commissions and fees and is ranked 39th out of 63 brokers by ForexBrokers.com.
In contrast, Libertex (Forex Club) does not provide specific data on average spreads, which can make it challenging for potential users to fully gauge its cost competitiveness. As such, it is rated 3 stars for commissions and fees. In the broader landscape of brokers, it stands at the 62nd position out of 63 in the rankings by ForexBrokers.com.
For those prioritizing competitive spreads and fee structures, IFC Markets offers certain advantages, particularly for active traders who can benefit from reduced costs through its ECN account and additional financial incentives. Libertex, with less transparency in its spread data, may present more hurdles for those keen on evaluating its cost efficiency. As reflected in the ratings and rankings, IFC Markets generally provides a more attractive option for cost-conscious traders.
| Feature |
IFC Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $1 | $10 |
| Average Spread EUR/USD - Standard | 1.44 | N/A |
| All-in Cost EUR/USD - Active | 1.1 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing IFC Markets and Libertex (Forex Club) for their range of investments, both brokers offer compelling but distinct options for traders. IFC Markets excels with an impressive catalog of 630 tradeable symbols, while Libertex provides a selection of 300. However, when it comes to forex trading, Libertex narrowly surpasses IFC Markets by offering 51 forex pairs compared to IFC’s 49. Both platforms facilitate forex trading through CFDs or spot contracts, and neither provides access to exchange-traded securities on U.S. exchanges. However, IFC Markets allows clients to invest in international securities, such as Vodafone shares on the London Stock Exchange, a feature not available with Libertex.
In terms of cryptocurrency, both brokers allow trading in cryptocurrency derivatives but not in actual, delivered cryptocurrencies. Additionally, both platforms support copy trading, providing opportunities for users to emulate successful trading strategies. When rated for the range of investments, IFC Markets and Libertex both receive a 3.5-star rating. However, IFC Markets ranks higher, positioned at #43 out of 63 brokers on ForexBrokers.com, while Libertex stands at #53. These differentiators offer potential traders insights into each broker's strengths, assisting in informed decision-making based on personal investment preferences.
| Feature |
IFC Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 630 | 300 |
| Forex Pairs (Total) | 49 | 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). |
Dive deeper: Best Copy Trading Platforms.
When it comes to trading platforms and tools, both IFC Markets and Libertex (Forex Club) provide a comprehensive array of features designed to enhance the trading experience. Each offers a free virtual demo account for newcomers looking to hone their skills, along with proprietary platforms developed in-house. In addition to this, both brokers present traders with access to a Windows-based desktop platform, a web-based platform that runs directly in the browser, and the widely utilized MetaTrader 4 (MT4). However, a significant distinction is IFC Markets' provision of MetaTrader 5 (MT5), which is a step up from MT4 and offers added features—something Libertex currently does not provide.
Both IFC Markets and Libertex allow easy copy trading, and neither supports third-party services like DupliTrade or ZuluTrade. Though both brokers offer tools for charting, Libertex takes the lead with 30 drawing tools compared to IFC Markets' 15, despite IFC Markets allowing trading directly from charts. Notably, both platforms provide organized watch lists with 7 separate columns, aiding traders in staying on top of market movements. While both brokers are rated four out of five stars for their trading platforms and tools, IFC Markets holds a higher rank at #36 compared to Libertex's #50, according to ForexBrokers.com’s analysis of 63 brokers, suggesting a more favorable perception among users.
| Feature |
IFC Markets
|
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.
When it comes to mobile trading apps, both IFC Markets and Libertex (Forex Club) provide comprehensive options for their users. Each platform offers apps for both iPhone and Android devices, ensuring accessibility for a wide range of traders. Features are well matched between the two: both offer stock and forex price alerts, watchlist symbol syncing across the app and online account, and allow for real-time quote watchlists. You will find 30 technical studies available on both apps for chart analysis, with the capacity to draw trendlines and view multiple time frames like daily, weekly, or intraday. However, IFC Markets stands out with its ability to auto-save drawings on charts, a feature that Libertex does not offer.
For user ratings, both platforms hold a respectable 4-star rating for their mobile apps. Despite this similarity, their overall rankings differ slightly, with Libertex (Forex Club) ranked at #49 compared to IFC Markets at #52 out of 63 brokers according to ForexBrokers.com. Whether you need a dependable app for quick trading or detailed analysis, both platforms have solid offerings, but small differences like auto-saving features in IFC Markets may influence your decision based on personal needs.
| Feature |
IFC Markets
|
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 | 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 tools and resources available at IFC Markets and Libertex (Forex Club), several key differences emerge. IFC Markets provides daily market commentary, helping traders stay informed with regular insights. In contrast, Libertex (Forex Club) does not offer this type of commentary. However, Libertex does distinguish itself by providing forex news from premier sources like Bloomberg and Reuters, a feature that IFC Markets lacks. Both brokers do not feature research tools from companies like Autochartist, Trading Central, or Acuity Trading, nor do they offer market research from TipRanks. On the sentiment analysis front, IFC Markets offers a sentiment-based tool to gauge trading positions across several instruments, which Libertex does not have.
In terms of shared features, both IFC Markets and Libertex offer an economic calendar to track global news events, providing a useful resource for traders to anticipate market movements. When it comes to research quality, IFC Markets stands ahead of Libertex with a rating of 3.5 stars out of five and a research ranking of 40th out of 63 brokers on ForexBrokers.com. On the other hand, Libertex is rated slightly lower with 3 stars and a ranking of 61st. This suggests IFC Markets may cater better to those traders looking for more comprehensive research-related features and support.
| Feature |
IFC Markets
|
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 available for beginners from IFC Markets and Libertex (Forex Club), both brokers provide a solid foundation with a significant number of educational materials on forex and CFDs. Both platforms offer more than ten educational pieces, such as articles and videos, to help novice traders build their skills. However, while neither IFC Markets nor Libertex (Forex Club) offers monthly online webinars or a searchable archive of past webinars, IFC Markets stands out by offering over ten beginner-friendly videos focused specifically on trading concepts. In contrast, Libertex (Forex Club) does not match this feature for new traders.
Furthermore, both IFC Markets and Libertex (Forex Club) offer advanced educational videos, but IFC Markets distinguishes itself with an investor dictionary, providing valuable definitions of over 50 trading and investing terms. This dictionary can be especially useful for newcomers trying to navigate the complex jargon of trading. In terms of ratings and rankings, IFC Markets is rated at 3.5 stars for its educational offerings and is placed 30th out of 63 brokers by ForexBrokers.com, outperforming Libertex (Forex Club), which is rated 3 stars and ranks 57th. This makes IFC Markets a slightly better option for beginners seeking comprehensive educational support.
| Feature |
IFC Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | 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 IFC Markets is better than Libertex (Forex Club). IFC Markets finished with an overall rank of #45, while Libertex (Forex Club) finished with an overall rank of #61.
IFC Markets is a well-established broker that has been in operation for 17 years. Forex traders at IFC Markets gain access to multiple trading platforms, a growing range of tradeable markets, and a balanced offering of research and educational content. However, IFC Markets’ Trust Score suffers due to the broker’s limited range of regulatory licenses.
| Feature |
IFC Markets
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Libertex (Forex Club)
|
|---|---|---|
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| Trust Score | 73 | 73 |
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Both IFC Markets and Libertex (Forex Club) do not offer the ability to buy actual delivered cryptocurrency, but they both provide the option to trade cryptocurrency derivatives.
When comparing online brokers IFC Markets and Libertex (Forex Club), IFC Markets provides the option to deposit or withdraw funds via Visa, Mastercard, and bank wires, unlike Libertex, which supports ACH, SEPA, PayPal, Skrill, and bank wires but not Visa or 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 | IFC Markets | Libertex (Forex Club) | |
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| Trust Score | 73 | 73 | |
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| Broker Screenshots | IFC Markets | Libertex (Forex Club) | |
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| Regulation | IFC Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 73 | 73 | |
| Year Founded | 2006 | 1997 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 0 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | IFC Markets | 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). | No | Yes |
| Tier-2 Licenses (Trusted) | IFC Markets | 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 | IFC Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 630 | 300 | |
| Forex Pairs (Total) | 49 | 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). |
| Cost | IFC Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.44 | N/A | |
| All-in Cost EUR/USD - Active | 1.1 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | IFC Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $1 | $10 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | IFC Markets | 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 | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | IFC Markets | 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 | IFC Markets | 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 | 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 | IFC Markets | 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 | IFC Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | IFC Markets | 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 | |
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| Trust Score | 73 | 73 | |
| Winner | check_circle | ||
| Review |
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