Written by ForexBrokers.com
In this head to head comparison of Plus500 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.
Plus500 and Libertex (Forex Club) are two prominent online brokers, each founded in different decades—Plus500 in 2008 and Libertex in 1997. Despite their longevity, their regulatory standings differ significantly. Plus500 shines with an impressive ForexBrokers.com Trust Score of 99, reflecting its firm standing in global markets. The broker holds 6 Tier-1 licenses, indicating a high level of trust and compliance with top regulatory standards, and 3 Tier-2 licenses. Additionally, Plus500 is publicly traded, adding a layer of transparency to its operations.
In contrast, Libertex (Forex Club) holds a ForexBrokers.com Trust Score of 73, positioning it at an average trust level with a single Tier-1 license and no Tier-2 licenses. As a non-publicly traded entity, Libertex's regulatory landscape is less comprehensive compared to Plus500. Both brokers are not banks, which means they focus solely on providing trading services rather than traditional banking products. As prospective traders evaluate their options, these regulatory distinctions may help guide informed decisions between the two platforms.
| Feature |
Plus500
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2008 | 1997 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 6 | 1 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
When comparing online brokers Plus500 and Libertex (Forex Club) in terms of commissions and fees, Plus500 generally falls slightly above the industry average. The broker's pricing doesn't quite measure up to the best forex options available, especially concerning active trader pricing. While Plus500 does not offer retail clients any discounts, they do provide cash rebates to those qualifying as Professional clients, which functions similarly to an active trader program. In April 2024, Plus500 had an average spread of 1.5 pips for the EUR/USD, which is higher than the industry norm. Plus500 has been rated 4.0 stars for commissions and fees and holds the 25th rank among 63 brokers according to ForexBrokers.com.
In contrast, Libertex (Forex Club) doesn't offer detailed average spread data, which may pose a challenge for traders looking for transparency in pricing. Their approach to commissions and fees ranks them lower in comparison to Plus500. With a 3-star rating, Libertex (Forex Club) places at the 62nd position out of 63 brokers for commissions and fees, according to ForexBrokers.com. This rank highlights potential limitations in pricing strategies or incentives for clients when compared to industry leaders.
| Feature |
Plus500
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | €100 | $10 |
| Average Spread EUR/USD - Standard | 1.5 | N/A |
| All-in Cost EUR/USD - Active | 1.5 | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | 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.
When comparing Plus500 and Libertex (Forex Club) for investment options, you'll find distinct offerings that cater to different trading needs. Plus500 provides a wider selection of 5,500 tradeable symbols, including 65 forex pairs. This platform also allows investors to purchase exchange-traded securities on both U.S. and international exchanges, such as Apple and Vodafone shares. While Plus500 does not offer copy trading, it enables users to trade cryptocurrency derivatives, although it does not support direct cryptocurrency purchases.
On the other hand, Libertex (Forex Club) offers 300 tradeable symbols with a focus on 51 forex pairs. Unlike Plus500, Libertex provides a copy trading feature, which can be appealing for those looking to replicate the trades of expert investors. However, it does not offer access to exchange-traded securities on U.S. or international markets. Like Plus500, Libertex allows trading in cryptocurrency derivatives but not in actual cryptocurrencies. In terms of rankings, Plus500 holds a higher position at #24 for range of investments compared to Libertex's #53, reflecting a higher rating of 4.5 stars versus Libertex's 3.5 stars on this criterion.
| Feature |
Plus500
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 300 |
| Forex Pairs (Total) | 65 | 51 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. | 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.
Plus500 and Libertex (Forex Club) both offer simulated trading with free virtual demo accounts and have developed proprietary trading platforms in-house. However, they cater to different trading preferences through their platform offerings. Plus500 provides a web-based trading platform but does not support a Windows-based desktop platform, unlike Libertex which offers both. Plus500 users might find charting more flexible with 36 drawing tools, while Libertex offers 30. Though neither broker supports popular services like MetaTrader 4 (MT4), MetaTrader 5 (MT5), DupliTrade, or ZuluTrade, Libertex stands out with its web-based platform's ability to facilitate trading directly from stock charts and supports copy trading.
In terms of usability and convenience, Plus500 is higher rated with 4.5 stars and a favorable industry ranking of #14 out of 63 brokers, compared to Libertex's 4-star rating and a ranking of #50. Plus500 offers more comprehensive watch lists with 10 available fields, while Libertex provides 7. As such, traders who prioritize extensive charting tools and a seamless web-based platform might prefer Plus500. Meanwhile, those keen on desktop access, direct chart trades, and copy trading may align more with what Libertex has to offer.
| Feature |
Plus500
|
Libertex (Forex Club)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 115 | 15 |
| Charting - Drawing Tools (Total) | 36 | 30 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 10 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Plus500 and Libertex (Forex Club) offer comprehensive mobile trading apps for iPhone and Android users, catering to traders who want to operate on-the-go. Each platform provides real-time quotes and allows you to create a watchlist that syncs seamlessly with your online account, so any changes made are always updated across devices. Additionally, both apps support stock and forex price alerts and enable users to draw trendlines on charts while offering the ability to view different time frames like daily, weekly, or intraday. However, it is important to note that neither app automatically saves your chart drawings.
Where Plus500 truly shines is in its charting capabilities, offering an impressive 115 technical studies for more advanced market analysis, compared to the 30 studies available on Libertex’s app. This significant difference may appeal to traders who appreciate deeper technical insights. However, with these enhanced features, Plus500 also achieved a higher rating of 4.5 stars for its mobile trading experience, alongside an enviable ranking of 14th out of 63 brokers according to ForexBrokers.com, compared to Libertex's 4-star rating and 49th place ranking. These factors can play a decisive role for traders looking for a more highly regarded mobile trading experience.
| Feature |
Plus500
|
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 | 115 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Plus500 and Libertex (Forex Club) for market research, Plus500 clearly caters more to traders seeking daily insights. Plus500 provides daily market commentary and features an economic calendar to keep investors informed about global events. Additionally, Plus500 offers a sentiment-based trading tool that aids traders by showing the ratio of long or short positions across currency pairs, providing deeper market insights. Their collaboration with Trading Central enhances analytical capabilities through advanced technical analytics, earning them a research rating of 4 out of 5 stars. In terms of broker rankings for research, Plus500 stands at #19 out of 63, indicating a strong position in the industry.
On the other hand, Libertex (Forex Club) focuses on delivering high-quality forex news by sourcing information from top-tier platforms like Bloomberg, Reuters, and Dow Jones. However, it lacks other essential tools like daily market commentary and sentiment analysis features, which may limit the research experience for traders. Although Libertex (Forex Club) also provides an economic calendar, their overall market research offerings receive a lower rating of 3 stars. Consequently, the broker is ranked #61 out of 63 by ForexBrokers.com for research, highlighting a need for improvement in their market research capabilities compared to Plus500.
| Feature |
Plus500
|
Libertex (Forex Club)
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | 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 it comes to educational resources for beginners, Plus500 stands out in several ways compared to Libertex (Forex Club). Both platforms offer a solid library of educational content, with each providing more than ten pieces focused on forex and CFDs. However, Plus500 further enhances its learning offerings by hosting monthly online educational webinars, a feature that Libertex lacks. Plus500 also provides access to a searchable archive of these recorded webinars, allowing newcomers to revisit past sessions conveniently. For those who prefer video content, Plus500 offers more than ten beginner-friendly videos focusing on trading basics, while Libertex does not meet this mark, though both platforms cater to more advanced traders with a rich selection of educational videos.
Although neither platform offers an investor dictionary with over fifty terms, Plus500 still achieves a higher rating for educational resources with 4.0 stars out of five, compared to Libertex's 3 stars. This difference is further reflected in their rankings by ForexBrokers.com, where Plus500 holds the #31 spot out of 63 brokers, while Libertex lags behind at #57. For those beginning their trading journey, Plus500 appears to offer a more comprehensive educational experience with a greater emphasis on beginner-focused content and accessible learning tools.
| Feature |
Plus500
|
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) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Plus500 is better than Libertex (Forex Club). Plus500 finished with an overall rank of #14, while Libertex (Forex Club) finished with an overall rank of #61.
Plus500 is a trusted global brand that offers an easy-to-use trading platform for online traders, alongside access to a thorough selection of CFDs. Share trading is available, but only via its Plus500 Invest product offering.
| Feature |
Plus500
|
Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 73 |
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Both Plus500 and Libertex (Forex Club) do not facilitate the purchase of actual (delivered) cryptocurrency, but they do offer the opportunity to invest in cryptocurrency derivatives.
When comparing online brokers, Plus500 provides flexible account funding options such as PayPal, Skrill, Visa/Mastercard, and bank wires, but lacks ACH or SEPA transfer capabilities, while Libertex (Forex Club) offers ACH, SEPA, PayPal, Skrill, and bank wires, yet does not support Visa or 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 5| Overall Rating | Plus500 | Libertex (Forex Club) | |
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| Trust Score | 99 | 73 | |
| Winner | check_circle | ||
| Review | Plus500 Review |
| Broker Screenshots | Plus500 | Libertex (Forex Club) | |
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| Regulation | Plus500 | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 99 | 73 | |
| Year Founded | 2008 | 1997 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 6 | 1 | |
| Tier-2 Licenses | 3 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | Plus500 | 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) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Plus500 | Libertex (Forex Club) | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | Yes | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Plus500 | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 300 | |
| Forex Pairs (Total) | 65 | 51 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. | 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 | Plus500 | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.5 | N/A | |
| All-in Cost EUR/USD - Active | 1.5 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Plus500 | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | €100 | $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 | No | Yes |
| Trading Platforms | Plus500 | Libertex (Forex Club) | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Plus500 | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 10 | 7 | |
| Charting - Indicators / Studies (Total) | 115 | 15 | |
| Charting - Drawing Tools (Total) | 36 | 30 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Plus500 | 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 | 115 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Plus500 | Libertex (Forex Club) | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Plus500 | 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) | No | No |
| Major Forex Pairs | Plus500 | 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 | |
| Review | Plus500 Review |
| Overall | Plus500 | Libertex (Forex Club) | |
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| Trust Score | 99 | 73 | |
| Winner | check_circle | ||
| Review | Plus500 Review |
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