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OANDA vs Libertex (Forex Club) 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 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.

OANDA
4.5/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 93
  • Tradeable Symbols (Total): 3928 info
Libertex (Forex Club)
3.5/5 Stars Overall
  • Minimum Deposit: $10
  • Trust Score: 73
  • Tradeable Symbols (Total): 300

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.

Regulation

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 OANDA logoOANDA
Libertex (Forex Club) logoLibertex (Forex Club)
Year Founded info 1996 1997
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 7 1
Tier-2 Licenses info 0 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 0

Fees

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 OANDA logoOANDA
Libertex (Forex Club) logoLibertex (Forex Club)
Minimum Deposit info $0 $10
Average Spread EUR/USD - Standard info 1.61 info N/A info
All-in Cost EUR/USD - Active info 1.61 info N/A info
Active Trader or VIP Discounts info Yes info Yes
ACH or SEPA Transfers info Yes info Yes
PayPal (Deposit/Withdraw) info Yes info Yes
Skrill (Deposit/Withdraw) info Yes info Yes
Visa/Mastercard (Credit/Debit) info Yes info No
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

OANDA and Libertex (Forex Club) are popular online brokers that provide forex trading as both CFDs and spot contracts. OANDA stands out with a significantly larger array of 3,928 tradeable symbols, compared to Libertex's 300. When it comes to forex pairs, OANDA offers 68 options while Libertex provides 51. Although neither platform offers exchange-traded securities on U.S. or international exchanges, both platforms do support copy trading. If you are interested in cryptocurrencies, OANDA provides the flexibility to buy both actual cryptocurrencies and their derivatives, whereas Libertex only allows trading in cryptocurrency derivatives.

For those seeking a wider range of investment options, OANDA scores slightly higher with 4 stars for its range of investments compared to Libertex's 3.5 stars. According to ForexBrokers.com, OANDA ranks 27th out of 63 brokers in the range of investments category, while Libertex ranks 53rd. This difference might make OANDA the better choice for those looking for greater variety and more robust options in their trading endeavors.

Feature OANDA logoOANDA
Libertex (Forex Club) logoLibertex (Forex Club)
Forex Trading (Spot or CFDs) info Yes info Yes
Tradeable Symbols (Total) info 3928 info 300
Forex Pairs (Total) info 68 51
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info Yes info Yes
Cryptocurrency (Physical) info Yes No
Cryptocurrency (Derivative) info Yes info 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.

Trading platforms and tools

When comparing the trading platforms and tools offered by OANDA and Libertex (Forex Club), both brokers provide solid options for traders of all experience levels. OANDA and Libertex offer simulated trading through free virtual demo accounts, allowing users to practice without financial risk. Both platforms have developed proprietary trading platforms and offer Windows-based desktop applications and web-based browser platforms. Notably, both brokers provide access to the popular MetaTrader 4 (MT4) platform, with OANDA also supporting MetaTrader 5 (MT5), which is not available with Libertex. In terms of additional trading functionalities, both brokers support copy trading but neither offers DupliTrade or ZuluTrade services.

For charting, OANDA provides a wide array of 431 drawing tools, a significant advantage over Libertex's 30 tools, allowing for more detailed and customized analysis. Both platforms enable trading directly from stock charts, which streamlines the trading process. When it comes to organizing trades, Libertex slightly edges out OANDA by offering seven columns for watch lists compared to OANDA's six. Despite both platforms receiving a commendable rating of four stars for their trading tools, OANDA ranks higher among brokers at #15, whereas Libertex stands at #50, reflecting OANDA's more comprehensive platform offerings and greater overall flexibility for traders.

Feature OANDA logoOANDA
Libertex (Forex Club) logoLibertex (Forex Club)
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes info Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes info No
DupliTrade info No No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 81 15
Charting - Drawing Tools (Total) info 431 30
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 6 7
View More

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

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 OANDA logoOANDA
Libertex (Forex Club) logoLibertex (Forex Club)
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info No Yes
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes No
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

When comparing OANDA to Libertex (Forex Club) for market research capabilities, several key differences are clear. OANDA stands out by offering daily market commentary, a valuable feature for traders seeking timely insights, while Libertex does not provide this service. Both brokers provide forex news from reputable sources such as Bloomberg and Reuters; however, when it comes to technical and sentiment analysis tools, OANDA has an edge. It offers resources like Autochartist tools and sentiment-based trading tools, highlighting crucial market trends, which are not available with Libertex.

Moreover, both OANDA and Libertex offer an economic calendar that helps traders track global news events, although their overall research ratings differ significantly. OANDA is rated 5 stars for its research offerings, securing the #5 position among 63 brokers in the ForexBrokers.com rankings. In contrast, Libertex receives a lower rating of 3 stars and ranks #61, emphasizing the broader range and depth of OANDA's market research tools and resources. For traders prioritizing comprehensive research, OANDA proves to be the stronger option.

Feature OANDA logoOANDA
Libertex (Forex Club) logoLibertex (Forex Club)
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes No
Trading Central (Recognia) info No No
Social Sentiment - Currency Pairs info Yes No
TipRanks info No No
Signal Centre (Acuity Trading) info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When it comes to educational resources for new traders, OANDA clearly stands out compared to Libertex (Forex Club). Both platforms provide more than ten educational materials such as articles and videos focused on forex or CFDs, ensuring that beginners have ample foundational knowledge. However, OANDA goes a step further by offering regular monthly webinars designed to engage and educate their clients, along with a searchable archive of past sessions. These additional features make it easier for new traders to access diverse learning materials at their convenience, significantly enhancing their educational experience.

Furthermore, OANDA provides a wealth of video tutorials, tailoring content for both beginners and advanced traders, with at least ten videos dedicated to each group. In contrast, while Libertex offers advanced videos, it lacks beginner-oriented ones. Another advantage for OANDA users is access to an extensive investor dictionary with over fifty terms, which is not available at Libertex. Given these comprehensive educational offerings, OANDA earns a five-star rating and a higher ranking among brokers for education, making it a more attractive option for those new to trading who value a strong learning support system. Libertex, despite its efforts, trails with a three-star rating and a significantly lower position in educational rankings.

Feature OANDA logoOANDA
Libertex (Forex Club) logoLibertex (Forex Club)
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info Yes No

Dive deeper: Best Forex Brokers for Beginners.

Winner

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 #60.

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 logoOANDA
Libertex (Forex Club) logoLibertex (Forex Club)
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Trust Score info 93 73
Range of Investments 4/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 3/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Research 5/5 Stars 3/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Education 4/5 Stars 3/5 Stars

FAQs

Can you trade cryptocurrency with OANDA or Libertex (Forex Club)?

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.

What funding options does each broker offer?

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.




announcementPlease 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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Compare

0 of 5
Overall Rating OANDA Libertex (Forex Club)
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 3/5 Stars
Range of Investments 4/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Research 5/5 Stars 3/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score info 93 73
Winner check_circle
Review OANDA Review
Broker Screenshots OANDA Libertex (Forex Club)
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation OANDA Libertex (Forex Club)
Trust Score info 93 73
Year Founded info 1996 1997
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-1 Licenses info 7 1
Tier-2 Licenses info 0 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 0
Tier-1 Licenses (Highly Trusted) OANDA Libertex (Forex Club)
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info Yes No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info Yes No
Singapore (MAS Authorised) info Yes No
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info Yes No
USA (CFTC Authorized) info Yes No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-2 Licenses (Trusted) OANDA Libertex (Forex Club)
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No No
UAE (DFSA/Central Bank Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments OANDA Libertex (Forex Club)
Forex Trading (Spot or CFDs) info Yes info Yes
Tradeable Symbols (Total) info 3928 info 300
Forex Pairs (Total) info 68 51
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info Yes info Yes
Cryptocurrency (Physical) info Yes No
Cryptocurrency (Derivative) info Yes info 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 info 1.61 info N/A info
All-in Cost EUR/USD - Active info 1.61 info N/A info
Active Trader or VIP Discounts info Yes info Yes
Inactivity Fee info Yes No
Execution: Agency Broker info No No
Execution: Market Maker info Yes Yes
Funding OANDA Libertex (Forex Club)
Minimum Deposit info $0 $10
PayPal (Deposit/Withdraw) info Yes info Yes
Skrill (Deposit/Withdraw) info Yes info Yes
Visa/Mastercard (Credit/Debit) info Yes info No
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info Yes info Yes
Trading Platforms OANDA Libertex (Forex Club)
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes info Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes info No
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools OANDA Libertex (Forex Club)
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 6 7
Charting - Indicators / Studies (Total) info 81 15
Charting - Drawing Tools (Total) info 431 30
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading OANDA Libertex (Forex Club)
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info No Yes
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes No
Mobile Economic Calendar info Yes Yes
Research OANDA Libertex (Forex Club)
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes No
Trading Central (Recognia) info No No
TipRanks info No No
Social Sentiment - Currency Pairs info Yes No
Economic Calendar info Yes Yes
Education OANDA Libertex (Forex Club)
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info Yes No
Major Forex Pairs OANDA Libertex (Forex Club)
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review OANDA Review
Overall OANDA Libertex (Forex Club)
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 3/5 Stars
Range of Investments 4/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Research 5/5 Stars 3/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score info 93 73
Winner check_circle
Review OANDA Review
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