Written by ForexBrokers.com
In this head to head comparison of IG 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.
IG, established in 1974, stands as a highly reputed online broker with a ForexBrokers.com Trust Score of 99, indicating a top-level of trustworthiness. Publicly traded and functioning as a bank, IG further solidifies its credibility with 8 Tier-1 licenses and 2 Tier-2 licenses, showcasing a strong regulatory foundation that assures investors worldwide. Such attributes contribute to IG's reputation for reliability and safety in the online trading world.
On the other hand, Libertex (Forex Club), founded in 1997, has a ForexBrokers.com Trust Score of 73, placing it in the average risk category. Unlike IG, Libertex is not publicly traded nor operates as a bank. It holds only 1 Tier-1 license and lacks any Tier-2 licenses, which may raise concerns among cautious traders. Despite these distinctions, Libertex continues to serve a global clientele, appealing to those who prioritize other factors such as trading platforms and user experience.
| Feature |
IG
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 1974 | 1997 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 8 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When comparing commissions and fees, IG clearly leads. IG is rated 5/5 stars and ranks #8 of 63 brokers for this category at ForexBrokers.com, while Libertex (Forex Club) holds 3/5 stars and ranks #63 of 63. IG offers both spread-only CFD pricing and a commission-based Direct Market Access (DMA) option called Forex Direct. By contrast, Libertex does not provide average spread data, which makes direct cost comparisons harder.
IG’s CFD account delivered typical EUR/USD spreads of 0.69 pips during the main session in July 2023; the full-month global average was 0.98 pips (IG US averaged 1.18 pips), and spreads can widen in thinner hours (around 1.03 pips in that sample). High-volume traders can reduce costs with rebates of 10% to 20% on spreads, which can bring an example 0.76-pip spread down to about 0.60 pips. IG’s DMA/Forex Direct account averaged a 0.62-pip raw spread in July 2023; your all-in price depends on commission tier—ranging from $60 per million at entry level to $20 per million round trip for very high volumes—putting the all-in cost near 0.82 pips at the best tier.
Because Libertex (Forex Club) does not publish average spread data, its typical trading costs are unclear. Given the available figures, ratings, and rankings, traders who prioritize low, transparent pricing—especially active traders who can qualify for DMA rates or volume rebates—are likely to find IG the more cost-effective choice for commissions and fees.
| Feature |
IG
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | £250.00 | $10 |
| Average spread (EUR/USD) - Standard account | 0.98 | N/A |
| All-in Cost EUR/USD - Active | 0.82 | N/A |
| Non-wire bank transfer | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | No | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing IG vs Libertex (Forex Club) for range of investments, IG offers far more choice. IG lists 19,537 tradeable symbols and 97 forex pairs, while Libertex provides 300 symbols and 51 forex pairs. Both brokers let you trade forex as CFDs or via spot trading, covering key currency pairs and popular markets.
IG also supports buying exchange-traded shares on U.S. and international exchanges, which Libertex does not offer. For crypto, IG lets you buy actual coins as well as trade cryptocurrency CFDs; Libertex offers only crypto CFDs. If you want copy trading, Libertex includes it, while IG does not. Overall, IG earns 5 stars and ranks #4 out of 63 for Range of Investments, whereas Libertex scores 3.5 stars and ranks #54.
| Feature |
IG
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 19537 | 300 |
| Forex Pairs (Total) | 97 | 51 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | No | Yes |
| Cryptocurrency (Underlying) | Yes | No |
| Cryptocurrency (CFDs) | 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.
IG and Libertex (Forex Club) both check key boxes for platform choice and ease of access. Each offers a free demo account, an in-house proprietary platform, a Windows desktop download, and a web-based platform. Both support MetaTrader 4 (MT4) but not MetaTrader 5 (MT5), and both let you place trades directly from price charts. One clear difference is copy trading: Libertex supports it, while IG does not.
In independent testing for trading platforms and tools, IG earns 5 stars and ranks #2 out of 63 brokers on ForexBrokers.com, while Libertex scores 4 stars and ranks #51. If high-end platform ratings matter most, IG stands out. If you want copy trading alongside MT4 and a demo account, Libertex (Forex Club) is worth a look.
| Feature |
IG
|
Libertex (Forex Club)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | No | No |
| Charting - Indicators / Studies (Total) | 33 | 15 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
IG and Libertex (Forex Club) both offer mobile trading apps for iPhone and Android. Each app includes stock and forex price alerts and syncs your watchlists with your online account. Both let you draw trendlines on charts. For charting tools, IG provides 33 technical studies while Libertex offers 30. One standout difference is chart annotations: IG’s app auto-saves your drawings so your lines and notes are there next time you log in, whereas Libertex does not auto-save them.
In testing by ForexBrokers.com, IG’s mobile trading app earned 5 stars and ranked #1 out of 63 brokers, while Libertex received 4 stars and ranked #50. If you want more built-in indicators and saved chart work across sessions, IG is the stronger pick. If you mainly need the essentials—alerts, synced watchlists, and trendlines—Libertex’s mobile app covers the basics on both iPhone and Android.
| Feature |
IG
|
Libertex (Forex Club)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 33 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
IG clearly leads Libertex (Forex Club) for market research. IG is rated 5 stars and ranked #2 out of 63 brokers by ForexBrokers.com, while Libertex holds 3 stars and ranks #62. IG provides daily market commentary, top-tier forex news (e.g., Bloomberg/Reuters-level sources), a sentiment tool to see long/short positioning, Autochartist for technical setups, plus research from TipRanks and Acuity Trading. Libertex delivers premium forex news and an economic calendar, but it lacks daily commentary, a sentiment tool, and Autochartist; neither broker integrates Trading Central, and Libertex does not list TipRanks or Acuity integrations.
For everyday trading, this means IG gives more frequent insights and a wider toolkit to spot trade ideas, gauge market sentiment, and plan around key events. Libertex covers the basics with news and an economic calendar, but offers fewer built-in research features for analysis.
| Feature |
IG
|
Libertex (Forex Club)
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | No | No |
| Client sentiment data | Yes | No |
| TipRanks | Yes | |
| Acuity Trading | Yes | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
IG vs. Libertex (Forex Club): Which broker is better for beginner education? IG stands out with a large library of forex and CFD lessons plus live learning. New traders get at least 10 beginner-focused videos and monthly client webinars that make it easier to build skills step by step. By comparison, Libertex offers fewer beginner materials and does not host monthly webinars, so it can feel less beginner-friendly.
Both brokers provide 10+ advanced videos for experienced traders, but the overall learning experience differs. IG earns a 5-star Education rating and ranks #1 out of 63 brokers at ForexBrokers.com, while Libertex is rated 3 stars and ranks #58 of 63. If you’re just getting started, IG is the clearer choice; seasoned traders may still find useful advanced videos with Libertex.
| Feature |
IG
|
Libertex (Forex Club)
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that IG is better than Libertex (Forex Club). IG finished with an overall rank of #1, while Libertex (Forex Club) finished with an overall rank of #61.
IG offers the ultimate comprehensive trading package, featuring excellent trading and research tools, industry-leading education, and an extensive range of tradeable markets.
| Feature |
IG
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Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 73 |
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In the IG vs Libertex (Forex Club) comparison, IG lets you buy both actual (delivered) cryptocurrency and cryptocurrency CFDs, while Libertex (Forex Club) offers only cryptocurrency CFDs and does not support buying actual crypto.
Comparing deposit and withdrawal methods, IG supports ACH/SEPA, PayPal, and bank wires but not Skrill, while Libertex (Forex Club) supports ACH/SEPA with other payment options (PayPal, Skrill, Visa/Mastercard, bank wires) not specified.
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 | IG | Libertex (Forex Club) | |
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| Trust Score | 99 | 73 | |
| Winner | check_circle | ||
| Review | IG Review |
| Broker Screenshots | IG | Libertex (Forex Club) | |
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| Regulation | IG | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 99 | 73 | |
| Year Founded | 1974 | 1997 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 8 | 1 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | IG | Libertex (Forex Club) | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | IG | Libertex (Forex Club) | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | IG | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 19537 | 300 | |
| Forex Pairs (Total) | 97 | 51 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | No | Yes | |
| Cryptocurrency (Underlying) | Yes | No | |
| Cryptocurrency (CFDs) | 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 | IG | Libertex (Forex Club) | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.98 | N/A | |
| All-in Cost EUR/USD - Active | 0.82 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | IG | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | £250.00 | $10 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | No | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | Yes | Yes |
| Trading Platforms | IG | Libertex (Forex Club) | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No |
| Trading Tools | IG | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 33 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | IG | Libertex (Forex Club) | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 33 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | IG | Libertex (Forex Club) | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | No | No | |
| TipRanks | Yes | ||
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | IG | Libertex (Forex Club) | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | IG | Libertex (Forex Club) | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | IG Review |
| Overall | IG | Libertex (Forex Club) | |
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| Trust Score | 99 | 73 | |
| Winner | check_circle | ||
| Review | IG Review |
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