Written by ForexBrokers.com
In this head to head comparison of OANDA vs Libertex, 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.
OANDA and Libertex are both long-running online brokers, with OANDA founded in 1996 and Libertex in 1997. Neither company is publicly traded, and neither operates as a bank. Where they differ most is in regulation and trust: OANDA holds 7 Tier-1 licenses, which are the highest-rated by ForexBrokers.com, while Libertex holds 1 Tier-1 license.
That gap shows up in their Trust Score ratings as well. OANDA scores 92 out of 99, putting it in the highly trusted range, while Libertex scores 79, which falls into the average risk category. For traders comparing safety and oversight, OANDA offers stronger regulatory backing than Libertex.
| Feature |
OANDA
|
Libertex
|
|---|---|---|
| Year Founded | 1996 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When comparing commissions and fees, Libertex comes out ahead of OANDA for most forex traders. OANDA’s pricing is generally on the higher side, with EUR/USD average spreads around 1.61 pips on its standard pricing and a core pricing option that adds commission on top of tighter spreads. By contrast, Libertex’s headline EUR/USD pricing is much tighter at about 0.3 pips, though its figures are based on a recent trading-day snapshot rather than a long-term average, so they should be viewed as indicative. OANDA is rated 4 stars and ranked #31 out of 36 for commissions and fees, while Libertex is also rated 4 stars but ranked higher at #21 out of 36.
OANDA’s main cost choices are its spread-only setup and its core pricing model. Core pricing can lower the spread, but it adds a commission of $5 per $100,000 traded per side, and it requires a $10,000 minimum deposit. OANDA does stand out for very small trade sizes, since it allows trading in units as small as 1 unit, plus it offers rebates for active traders in some regions. Still, its effective trading costs are not as low as the best-priced brokers.
Libertex uses a spread-plus-commission model too, charging 5 euros per side on its own platform and 6 euros per side on MT4 and MT5. It also keeps entry costs low with a $10 minimum deposit and only charges a 10 euro inactivity fee after six months without trading or funding activity. For bigger accounts, Libertex offers fee discounts through deposit-based tiers, which can help lower costs further. Overall, if your main focus is low commissions and fees, Libertex has the edge, while OANDA is better known for flexible trade sizing and execution.
| Feature |
OANDA
|
Libertex
|
|---|---|---|
| Minimum Deposit | $0 | $10 |
| Average spread (EUR/USD) - Standard account | 1.68 | 0.3 |
| All-in Cost EUR/USD - Active | 1.69 | 1.3 |
| Non-wire bank transfer | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to range of investments, OANDA offers more choice than Libertex. Both brokers support forex trading and cryptocurrency CFDs, and both offer copy trading. But OANDA gives traders access to a larger selection overall, with 4,172 tradeable symbols compared with 1,573 at Libertex, and 69 forex pairs versus 46. OANDA also stands out for offering exchange-traded securities on both U.S. and international exchanges, so clients can buy real shares such as Apple or Vodafone directly.
OANDA also lets clients buy actual, delivered cryptocurrency, while Libertex does not offer spot crypto purchases. In this category, OANDA is rated 4.5 out of 5 stars and ranks #20 out of 36 brokers by ForexBrokers.com, while Libertex is rated 4 out of 5 stars and ranks #25. Overall, OANDA has the wider investment range, especially for stocks and crypto.
| Feature |
OANDA
|
Libertex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 4172 | 1573 |
| Forex Pairs (Total) | 69 | 46 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | 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.
OANDA and Libertex both give traders a wide mix of platform choices, including a free demo account for practice, web-based trading, desktop downloads for Windows, copy trading, MetaTrader 4, and MetaTrader 5. Both also let users place trades directly from a chart, which can make it easier to act quickly while watching price moves. For traders who want flexibility, each broker supports more than one way to access the markets, whether you prefer a browser, a downloaded program, or a familiar third-party platform.
The biggest difference is that OANDA also offers its own proprietary platform, while Libertex does not. That may matter if you want an in-house platform built by the broker itself rather than relying only on outside software. In ratings, both brokers score 4 out of 5 stars for Trading Platforms and Tools, but OANDA is ranked higher by ForexBrokers.com in this category, placing #16 out of 36 brokers compared with Libertex at #26 out of 36.
| Feature |
OANDA
|
Libertex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 89 | 43 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
OANDA and Libertex both offer mobile trading apps for iPhone and Android, and both support stock or forex price alerts. Where OANDA stands out is in charting and everyday usability: its app includes 30 technical studies, lets users draw trendlines, and automatically saves chart drawings. OANDA is also rated 5 stars for mobile trading apps and is ranked #7 out of 36 brokers by ForexBrokers.com in this category.
Libertex also covers the basics with iPhone and Android apps, but its mobile trading tools are more limited. It does offer watchlist symbol syncing, so changes made on mobile and online stay aligned, but it does not provide technical studies in its app, and it does not support trendline drawing or auto-saving chart drawings. Libertex is rated 4 stars for mobile trading apps and is ranked #27 out of 36 brokers, making OANDA the stronger choice for traders who want more charting features on the go.
| Feature |
OANDA
|
Libertex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 0 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
OANDA comes out ahead of Libertex for market research. OANDA provides daily market commentary, news from top sources like Bloomberg and Reuters, Autochartist tools, a sentiment gauge for long and short positions, and an economic calendar. It also earns a 5-star Research rating and ranks #4 out of 36 brokers at ForexBrokers.com.
Libertex also offers forex news, a sentiment tool, Trading Central research, and an economic calendar, but it does not include daily market commentary or Autochartist. That leaves it with a 4-star Research rating and a lower ranking of #25 out of 36 brokers. For traders who want more built-in market insight, OANDA has the stronger research setup overall.
| Feature |
OANDA
|
Libertex
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | No | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners looking for help learning the basics, OANDA has a clear edge over Libertex. OANDA offers forex and CFD education, runs online client webinars at least once a month, and provides at least 10 beginner videos as well as 10 advanced videos for more experienced traders. This wider range of learning tools helps new traders start with simple lessons and keep building their knowledge over time. OANDA is also rated 5 stars for Education and is ranked #18 out of 36 brokers by ForexBrokers.com in this category.
Libertex also provides some education, but it falls behind OANDA for beginner support. While it does offer forex or CFD education, it does not meet the same level of webinar coverage or video content for beginners and advanced traders. Its Education rating is 4 stars, and it is ranked #33 out of 36 brokers by ForexBrokers.com. For new traders who want more live learning and a larger library of beginner-friendly material, OANDA is the stronger choice.
| Feature |
OANDA
|
Libertex
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that OANDA is better than Libertex. OANDA finished with an overall rank of #13, while Libertex finished with an overall rank of #32.
A trusted global brand, OANDA stands out for its reputation and quality market research. Its regulatory track record is strong, and its support for third-party features bolsters its overall offering.
| Feature |
OANDA
|
Libertex
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 92 | 79 |
| Range of Investments |
|
|
| Trading Fees |
|
|
| Trading Platforms |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
OANDA lets traders buy both actual delivered cryptocurrency and cryptocurrency CFDs, while Libertex only offers cryptocurrency CFDs and does not support purchasing actual crypto assets.
When comparing OANDA vs Libertex, both online brokers support ACH/SEPA transfers, PayPal, Skrill, and bank wires for depositing and withdrawing funds, while neither appears to offer Visa or Mastercard funding options.
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 | OANDA | Libertex | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 92 | 79 | |
| Winner | check_circle | ||
| Review | OANDA Review | Libertex Review |
| Broker Screenshots | OANDA | Libertex | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
| Regulation | OANDA | Libertex | |
|---|---|---|---|
| Trust Score | 92 | 79 | |
| Year Founded | 1996 | 1997 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | OANDA | Libertex | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | OANDA | Libertex | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | OANDA | Libertex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 4172 | 1573 | |
| Forex Pairs (Total) | 69 | 46 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | 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 | OANDA | Libertex | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.68 | 0.3 | |
| All-in Cost EUR/USD - Active | 1.69 | 1.3 | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | OANDA | Libertex | |
|---|---|---|---|
| Minimum Deposit | $0 | $10 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | Yes |
| Trading Platforms | OANDA | Libertex | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | OANDA | Libertex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 89 | 43 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | OANDA | Libertex | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 0 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | OANDA | Libertex | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | No | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | OANDA | Libertex | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | OANDA | Libertex | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | OANDA Review | Libertex Review |
| Overall | OANDA | Libertex | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 92 | 79 | |
| Winner | check_circle | ||
| Review | OANDA Review | Libertex Review |
IG
FOREX.com
CMC Markets
XTB
eToro
Capital.com
AvaTrade
Pepperstone
FP Markets
Tickmill