OANDA vs Libertex (Forex Club) 2025
In this head to head comparison of OANDA vs Libertex (Forex Club), we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
In this head to head comparison of OANDA 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.
OANDA and Libertex (Forex Club) are two established online brokers catering to forex traders, founded in 1996 and 1997 respectively. Neither company is publicly traded nor operates as a bank. When it comes to regulatory credentials, OANDA stands out with an impressive seven Tier-1 licenses, which are highly regarded for ensuring a trusted trading environment. Libertex, on the other hand, holds just one Tier-1 license.
Furthermore, the trust ratings by ForexBrokers.com reflect OANDA's higher credibility with a Trust Score of 93, categorizing it as highly trusted. Libertex (Forex Club) has a Trust Score of 73, placing it in the average risk bracket. This difference highlights OANDA’s stronger regulatory standing and higher trustworthiness in the forex trading realm.
Feature |
|
|
---|---|---|
Year Founded | 1996 | 1997 |
Publicly Traded (Listed) | No | No |
Bank | No | No |
Tier-1 Licenses | 7 | 1 |
Tier-2 Licenses | 0 | 0 |
Tier-3 Licenses | 0 | 0 |
Tier-4 Licenses | 1 | 0 |
When comparing OANDA and Libertex (Forex Club) for their commissions and fees, OANDA tends to have higher forex trading costs with its effective spreads. OANDA offers two main pricing structures: default and core pricing. The default pricing features bid/ask spreads similar to brokers like FOREX.com and FxPro, with an average non-core pricing spread of 1.61 pips on the EUR/USD pair as of July 2024. Meanwhile, OANDA's core pricing comes with lower spreads but includes a $5 per-side commission for each $100,000 traded, offering a slightly better overall cost when factoring in the commission. An advantage of OANDA is its ability to execute trades automatically across accounts.
Unlike OANDA, Libertex does not provide average spread data, making a precise cost comparison difficult. However, based on ForexBrokers.com, OANDA earns a rating of 4 out of 5 stars for its commissions and fees, compared to Libertex's rating of 3 out of 5 stars. OANDA's flexibility in accommodating micro lot trading down to 1 unit and its Elite Trader program offering rebates for high-volume traders are additional advantages that contribute to its score.
In terms of ranking, OANDA positions itself at #34 out of 63 brokers in the Commissions and Fees category according to ForexBrokers.com, while Libertex finds itself lower on the list at #62. While OANDA may not be the least expensive option, its focus on pricing transparency and features like TradingView Pro subscription reimbursements provide added value, distinguishing it from Libertex in terms of overall service offering.
Feature |
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Minimum Deposit | $0 | $10 |
Average Spread EUR/USD - Standard | 1.69 | N/A |
All-in Cost EUR/USD - Active | 1.69 | N/A |
Active Trader or VIP Discounts | Yes | 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.
Comparing OANDA and Libertex (Forex Club) on range of investments, OANDA stands out with 4,172 tradeable symbols and 69 forex pairs versus Libertex’s 300 symbols and 51 pairs. Both brokers support forex trading as CFDs or spot. OANDA also lets clients buy exchange-traded securities on U.S. and international exchanges (for example, Apple on NASDAQ or Vodafone in London), a feature Libertex (Forex Club) does not offer. Copy trading is available at both.
When it comes to crypto, OANDA provides access to both actual delivered cryptocurrencies and crypto derivatives, while Libertex (Forex Club) offers only crypto derivatives. Reflecting these differences, ForexBrokers.com rates OANDA at 4 out of 5 stars and ranks it 27th of 63 for Range of Investments, whereas Libertex (Forex Club) earns 3.5 stars and ranks 53rd.
Feature |
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|
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Forex Trading (Spot or CFDs) | Yes | Yes |
Tradeable Symbols (Total) | 4172 | 300 |
Forex Pairs (Total) | 69 | 51 |
U.S. Stock Trading (Non CFD) | Yes | No |
Int'l Stock Trading (Non CFD) | Yes | No |
Social Trading / Copy Trading | Yes | Yes |
Cryptocurrency (Physical) | Yes | 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.
OANDA and Libertex (Forex Club) both provide traders with a comprehensive suite of trading platforms and tools, catering to a wide range of trading needs. Both brokers offer virtual demo accounts for practice trading, proprietary platforms developed in-house, and accessible trading interfaces on Windows-based desktop and web browsers. They support popular platforms like MetaTrader 4, but OANDA stands out by also offering MetaTrader 5. Both brokers facilitate copy trading, though neither supports additional social trading platforms like DupliTrade or ZuluTrade. Charting capabilities are a crucial aspect of trading, and while OANDA offers a greater variety of drawing tools with 74 options compared to Libertex’s 30, both provide the capability to trade directly from stock charts. For watch lists, OANDA offers 6 columns for better organization, while Libertex provides an extra column with 7.
In terms of user ratings, both brokers receive 4 out of 5 stars for their trading platforms and tools. However, when ranked among 63 brokers by ForexBrokers.com, OANDA achieves a higher position at #15, while Libertex is found at #50, reflecting a general preference for OANDA’s offering within this category. Therefore, traders seeking more advanced features paired with the latest MetaTrader version might lean towards OANDA, whereas those needing stronger list management might consider Libertex. Ultimately, both platforms provide solid trading experiences designed to meet various trader preferences.
Feature |
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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) | 89 | 15 |
Charting - Drawing Tools (Total) | 74 | 30 |
Charting - Trade From Chart | Yes | Yes |
Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both OANDA and Libertex (Forex Club) offer mobile trading apps compatible with iPhone and Android devices, catering to traders on the go. They both provide users with stock and forex price alerts and allow drawing trendlines on charts, which can be viewed across multiple time frames such as daily, weekly, or intraday. Each app offers 30 technical studies for chart analysis, enabling traders to make informed decisions. However, OANDA has a slight edge as its app automatically saves chart drawings, a feature not available with Libertex. Users of both apps can enjoy creating watchlists with real-time quotes, yet OANDA falls short when it comes to syncing watchlist symbols between the mobile app and desktop, a feature Libertex supports.
OANDA shines brightly with a top-tier five-star rating for its mobile trading app, placing it at an impressive #7 among 63 brokers reviewed by ForexBrokers.com. In contrast, Libertex, while offering a solid trading experience, holds a four-star rating and ranks at #49. For traders seeking a mobile app with a high reputation and user satisfaction, OANDA seems to be the standout choice. Nevertheless, Libertex may appeal to those prioritizing watchlist syncing functionality in their trading toolkit.
Feature |
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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 OANDA and Libertex (Forex Club) in terms of market research, several key differences stand out. OANDA provides daily market commentary and access to forex news from leading sources like Bloomberg, Reuters, and Dow Jones, offering insights to traders regularly. While both brokers have economic calendars to keep traders informed about global events, only OANDA supplies advanced research tools from Autochartist, aiding traders with technical and fundamental analysis. Additionally, OANDA offers a sentiment-based trading tool that displays the ratio of long or short positions across various currency pairs, a feature not available with Libertex (Forex Club).
Both brokers do not provide tools from Trading Central, but OANDA's comprehensive research suite earns it a strong research rating of 5 out of 5 stars, ranking it fifth among 63 brokers on ForexBrokers.com. In contrast, Libertex (Forex Club) lacks offerings such as technical analysis tools from Autochartist and a sentiment-based trading tool, leading to a 3-star research rating and placing it significantly lower in the rankings at 61st. Overall, OANDA demonstrates a more extensive and informed range of market research capabilities compared to Libertex (Forex Club).
Feature |
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Daily Market Commentary | Yes | No |
Forex News (Top-Tier Sources) | Yes | Yes |
Autochartist | Yes | No |
Trading Central (Recognia) | No | No |
Social Sentiment - Currency Pairs | Yes | No |
TipRanks | No | |
Signal Centre (Acuity Trading) | No | |
Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
OANDA and Libertex (Forex Club) both deliver a baseline of forex and CFD education with at least 10 pieces of content, but their beginner support differs. OANDA stands out for new traders with monthly client webinars, a searchable archive of past sessions, and 10+ beginner-focused videos. It also provides an investor dictionary covering 50+ terms to clarify trading jargon. Libertex offers plenty of advanced videos, yet it does not run monthly webinars, lacks a searchable webinar archive, and does not meet the 10-video threshold focused on beginners. Both brokers provide advanced video education, but OANDA’s mix of live learning, on-demand replays, and a glossary makes getting started easier.
Ratings reflect this gap: OANDA earns 5 stars for Education and ranks #19 out of 63 brokers, while Libertex holds 3 stars and ranks #57. If you’re a beginner looking for structured learning with webinars, a video library geared to newcomers, and clear definitions, OANDA is the stronger pick. Libertex can work if you mainly want articles and advanced videos, but for an OANDA vs. Libertex education comparison focused on beginners, OANDA has the edge.
Feature |
|
|
---|---|---|
Education (Forex or CFDs) | Yes | Yes |
Client Webinars | Yes | No |
Client Webinars (Archived) | Yes | 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 OANDA is better than Libertex (Forex Club). OANDA finished with an overall rank of #12, while Libertex (Forex Club) finished with an overall rank of #61.
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.
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Overall Rating |
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Trust Score | 93 | 73 |
Range of Investments |
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Commissions & Fees |
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Platforms & Tools |
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Research |
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Mobile Trading |
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Education |
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OANDA enables users to purchase both actual cryptocurrencies and cryptocurrency derivatives, whereas Libertex (Forex Club) only allows the trading of cryptocurrency derivatives, not the actual digital assets.
Both OANDA and Libertex (Forex Club) provide multiple deposit and withdrawal options, including ACH, SEPA, PayPal, Skrill, and bank wires, but only OANDA offers Visa and Mastercard transactions.
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 5Overall Rating | OANDA | Libertex (Forex Club) | |
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Overall Rating |
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Range of Investments |
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Platforms & Tools |
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Mobile Trading |
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Research |
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Education |
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Trust Score | 93 | 73 | |
Winner | check_circle | ||
Review | OANDA Review |
Broker Screenshots | OANDA | Libertex (Forex Club) | |
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Broker Gallery (click to expand) |
Regulation | OANDA | Libertex (Forex Club) | |
---|---|---|---|
Trust Score | 93 | 73 | |
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 | 0 | |
Tier-3 Licenses | 0 | 0 | |
Tier-4 Licenses | 1 | 0 |
Tier-1 Licenses (Highly Trusted) | OANDA | Libertex (Forex Club) | |
---|---|---|---|
Australia (ASIC Authorised) | Yes | No | |
Canada (CIRO Authorised) | Yes | No | |
Hong Kong (SFC Authorised) | No | No | |
Japan (SFC 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 (Forex Club) | |
---|---|---|---|
Kenya (CMA Authorised) | |||
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) |
Investments | OANDA | Libertex (Forex Club) | |
---|---|---|---|
Forex Trading (Spot or CFDs) | Yes | Yes | |
Tradeable Symbols (Total) | 4172 | 300 | |
Forex Pairs (Total) | 69 | 51 | |
U.S. Stock Trading (Non CFD) | Yes | No | |
Int'l Stock Trading (Non CFD) | Yes | No | |
Social Trading / Copy Trading | Yes | Yes | |
Cryptocurrency (Physical) | Yes | 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 | OANDA | Libertex (Forex Club) | |
---|---|---|---|
Average Spread EUR/USD - Standard | 1.69 | N/A | |
All-in Cost EUR/USD - Active | 1.69 | N/A | |
Active Trader or VIP Discounts | Yes | Yes | |
Inactivity Fee | Yes | No | |
Execution: Agency Broker | No | No | |
Execution: Market Maker | Yes | Yes |
Funding | OANDA | Libertex (Forex Club) | |
---|---|---|---|
Minimum Deposit | $0 | $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 | OANDA | 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 | OANDA | Libertex (Forex Club) | |
---|---|---|---|
Virtual Trading (Demo) | Yes | Yes | |
Alerts - Basic Fields | Yes | Yes | |
Watchlists - Total Fields | 6 | 7 | |
Charting - Indicators / Studies (Total) | 89 | 15 | |
Charting - Drawing Tools (Total) | 74 | 30 | |
Charting - Trade From Chart | Yes | Yes | |
Charts can be saved | Yes | Yes |
Mobile Trading | OANDA | 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 | OANDA | Libertex (Forex Club) | |
---|---|---|---|
Daily Market Commentary | Yes | No | |
Forex News (Top-Tier Sources) | Yes | Yes | |
Autochartist | Yes | No | |
Trading Central (Recognia) | No | No | |
TipRanks | No | ||
Social Sentiment - Currency Pairs | Yes | No | |
Economic Calendar | Yes | Yes |
Education | OANDA | Libertex (Forex Club) | |
---|---|---|---|
Education (Forex or CFDs) | Yes | Yes | |
Client Webinars | Yes | No | |
Client Webinars (Archived) | Yes | No | |
Videos - Beginner Trading Videos | Yes | No | |
Videos - Advanced Trading Videos | Yes | Yes | |
Investor Dictionary (Glossary) | Yes | No |
Major Forex Pairs | OANDA | Libertex (Forex Club) | |
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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 | OANDA Review |
Overall | OANDA | Libertex (Forex Club) | |
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Overall Rating |
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Commissions & Fees |
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Range of Investments |
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Platforms & Tools |
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Mobile Trading |
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Research |
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Education |
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Trust Score | 93 | 73 | |
Winner | check_circle | ||
Review | OANDA Review |